Aditya Birla Sun Life Nifty IT ETF (G)

Aditya Birla Sun Life Nifty IT ETF (G) is an Exchange Traded Fund which is benchmarked to . Aditya Birla Sun Life Nifty IT ETF (G) is managed by the Aditya Birla Sun Life Mutual Fund with the fund managers being Haresh Mehta, Pranav Gupta. The Aditya Birla Sun Life Nifty IT ETF (G) was launched on 2021-10-29 with no lock-in period. Since its inception, the fund has delivered 9.603% as a return on investment.The fund has delivered a 1-year return of 27.855%, a 3-year return of 8.58%.

As on 20 Dec, 2024 the NAV of the fund is Rs 45.91 and the AUM is Rs 52.16 crores. The fund charges an expense ratio of 0.21% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to , the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Aditya Birla Sun Life Nifty IT ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of Aditya Birla Sun Life Nifty IT ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.