Fund Facts
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Name of Fund:Aditya Birla Sun Life Nifty 200 Momentum 30 ETF
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Opening:29th July 2022
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Closing:10th August 2022
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Scheme Type:Open Ended Other ETF
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Minimum Investment:Minimum of Rs. 100/- and in multiples of Re. 1/- thereafter
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Plan:None
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Options:None
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Entry Load:Nil
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Exit Road:Nil
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Thereafter:Nil
Fund Stats
Objective
The investment objective of the Scheme is to generate returns that are in line with the performance of Nifty 200 Momentum 30 Index, subject to tracking errors.
Benchmark:
NIFTY 200
Fund Manager:
Lovelish Solanki, Pranav Gupta
Asset Allocation
95-100%
Equity
upto 5%
Money Market
Comparable existing schemes
| Motilal Oswal Nifty 200 Momentum 30 ETF | 19.03(6M) | Not Available |
| HDFC NIFTY Bank ETF | 25.36(6M) | 15.66(1Y) |
Fund Prognosis
Idea Distiller
In a broad canvas Nifty, a focus on momentum through the ETF route. Lower costs.
Fund House AAUM:
Rs. 28218336 Lakh ( as on 30th June, 2022)
Fund Manager:
Combined experience of above 12 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
This seems to be the favoured ETF orientation for product people, this time around. Not so much oomph, but definitely a prep for stacking up the passive portfolio.