📊 Index/ETF Fund · Deep Analysis

Aditya Birla Sun Life Nifty 50 Index Fund

Aditya Birla Sun Life Mutual Fund · Direct Growth · SEBI Category: Index/ETF

Compare the top 5 funds in this category →
Current NAV ₹243.3084 (+0.05% today) As of 04 Jun 2026
1 Year Return -4.2%
3 Year CAGR +9.2% p.a.
5 Year CAGR +9.5% p.a.
AAUM ₹1.2K Cr Jan–Mar 2026
All data from RightAdvise DB - calculated from 2,565 daily NAV records
Fund Overview

Aditya Birla Sun Life Nifty 50 Index Fund - Quick Summary

Aditya Birla Sun Life Nifty 50 Index Fund is offered by ABSL Mutual Fund — one of India's largest AMCs with a strong research and operations infrastructure. The fund provides straightforward Nifty 50 index replication at a competitive expense ratio, backed by the Aditya Birla Group's strong institutional presence in Indian financial services.

ABSL AMC brings its operational efficiency and technology infrastructure to passive fund management. The fund has maintained consistent tracking quality since its 2019 launch. As part of the ABSL mutual fund ecosystem, investors who use multiple ABSL schemes benefit from a single fund house relationship.

Fund House
Aditya Birla Sun Life Mutual Fund
SEBI Category
Index/ETF
Benchmark
NIFTY 50 TRI
Fund Manager
Pranav Gupta
AMFI Code
119648
Risk Level
Very High
NAV Records in DB
2,565 days
Quarterly Average AUM · Jan–Mar 2026
₹1.2K Cr
↑ Increased by 2.9% vs Oct–Dec 2025 · ₹1.2K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Suitable for all investors seeking simple low-cost Nifty 50 exposure, especially those who already invest in other ABSL schemes and prefer consolidating within a single fund house.
ABSL Nifty 50 Index Fund offers competitive expense ratio, the institutional credibility of the Aditya Birla Group, nil exit load, very low minimum investment, and consistent tracking quality since inception.
✗ Not Suitable For
Investors seeking alpha or returns above the Nifty 50 TRI. Those wanting active management or downside protection. Investors who want mid cap or small cap exposure alongside large caps.
Who Runs This Fund

Fund Manager

PG
Pranav Gupta
Aditya Birla Sun Life Mutual Fund · Managing since 2019

Pranav Gupta manages passive strategies at Aditya Birla Sun Life Mutual Fund including the ABSL Nifty 50 Index Fund. His role focuses on accurate index replication — maintaining the Nifty 50 constituent weights, managing corporate actions like dividends and bonus issues efficiently, and keeping tracking error to a minimum across all market conditions.

For current co-manager details and full biography, refer to the latest Aditya Birla Sun Life Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view - not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 119648
The official AMFI scheme code for Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth is 119648. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
ABSL Nifty 50 Index Fund competes in a crowded market of Nifty 50 index funds. The key differentiator is expense ratio and tracking error — compare these carefully before investing. ABSL MF is a large fund house with strong infrastructure but in the index fund category, infrastructure advantages are less important than cost efficiency.
Investment Objective
As per Scheme Information Document
The scheme seeks to generate returns that are commensurate with the performance of Nifty 50 Index, subject to tracking errors.
All Data Below - From RightAdvise Database
Performance

Fund Returns

Calculated from 2,565 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y - simple point-to-point return  ·  3Y / 5Y / 10Y - CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-2.0%
3 MonthPoint-to-point
-5.4%
6 MonthPoint-to-point
-9.6%
1 YearPoint-to-point
-4.2%
3 YearCAGR
+9.2% p.a.
5 YearCAGR
+9.5% p.a.
10 YearCAGR
+11.7% p.a.
₹1 Lakh → 5YLump sum growth
₹155,243

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+89.2%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-29.8%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+33.1% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-4.4% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point - not CAGR.

2025
+11.7%
2024
+9.8%
2023
+21.0%
2022
+5.3%
2021
+25.0%
2020
+15.4%
2019
+12.6%
2018
+3.4%
2017
+28.8%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date - not one cherry-picked number. Learn more →

1Y Rolling Avg
14.8%
Positive in 90% of windows
Best: 89.2% · Worst: -29.8%
3Y Rolling Avg
14.1% p.a.
Positive in 99% of windows
Best: 33.1% · Worst: -4.4%
5Y Rolling Avg
15.1% p.a.
Positive in 100% of windows
Best: 27.0% · Worst: 8.8%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV - what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-37.6%
Jan 2020 → Mar 2020
Recovered: Nov 2020 (11 mos)
Current from Peak
-10.6%
All-time Peak: ₹272.96
Peak date: Jan 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-15.4%
Sep 27, 2024 – Apr 7, 2025
Recovered: Oct 2025 (11 mos)
COVID-19 Crash
-36.4%
Feb 19 – Mar 23, 2020
Recovered: Nov 2020 (11 mos)
2022 Rate Hike Cycle
-15.9%
Jan 17 – Jun 17, 2022
Recovered: Nov 2022 (7 mos)
2018 IL&FS Crisis
-14.4%
Aug 28 – Oct 26, 2018
Recovered: Apr 2019 (8 mos)
Drawdown Chart % fall from rolling peak NAV · full history
Valuation Signal

NAV vs 200-Day Moving Average

When NAV is above 200 DMA the fund is in an uptrend. When below, it signals caution. Calculated from NAV data in DB.

Current NAV
-
200 DMA
-
NAV vs DMA
-
Calculating...
NAV vs 200 DMA Last 400 trading days
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV - industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.29
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
0.41
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
12.9%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what Aditya Birla Sun Life Nifty 50 Index Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes - from official AMC disclosures.

Full current portfolio - all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Index/ETF Funds

See how Aditya Birla Sun Life Nifty 50 Index Fund ranks against other Index/ETF funds on returns, drawdown, Sharpe ratio and AAUM - side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.