Birlaslamc - Momentum ETF
MOMENTUM
₹34.60-₹0.30 (-0.86%) TodayLast updated on 11 Nov, 2024 | 15:29 IST
Birlaslamc - Momentum ETF Chart
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ETF is trading at a discountMarket price ₹34.60 is less than iNAV ₹34.85
👍 Good time to buy as price is low
Fund overview
About
Open ₹34.90 | Close ₹34.90 | Volume 51,237 | Avg. traded ₹35.03 |
Circuit range ₹28.07 - ₹42.10 | Day range ₹34.60 - ₹35.22 | Year range ₹23.44 - ₹39.57 | |
AUM ₹70.67 Cr | ManagersHaresh Mehta | Launch Date 12 Aug 2022 |
Birlaslamc - Momentum
About Aditya Birla Sun Life 200 Momentum 30 Index Fund
- Aditya Birla Sun Life Nifty 200 Momentum 30 Index Fund is an open-ended equity scheme that belongs to Aditya Birla Sun Life Mutual Fund House.
- Haresh Mehta and Pranav Gupta are the fund managers.
- The fund was launched on August 12, 2022.
- Aditya Birla Sun Life Nifty 200 Momentum 30 Index has assets under management (AUM) that stood at ₹66.80 crore as of June 30, 2024.
- The ETF is listed on both NSE and BSE. One can invest by buying units through a demat account with a registered broker.
- The ETF units can be bought and sold during the usual market trade hours.
Investment Objective & Benchmark
- The fund's investment objective is to deliver returns that mirror the performance of securities as represented by the underlying index.
- It is benchmarked against Nifty 200 Momentum 30 TRI.
- The Nifty 200 Momentum 30 Index selects stocks based on their relative price momentum over a specified period. Stocks exhibiting strong price momentum are given higher weightage in the index.
- Reconstitution of Aditya Birla Sun Life Nifty 200 Momentum 30 Index Fund happens, semi-annually in June and December.
- The ETF allows investors to benefit from price trends across different sectors of the economy with diversification of funds.
- Aditya Birla Sun Life Nifty 200 Momentum 30 Index fund provides exposure to the value factor, with the index consisting of the 30 most momentum companies listed on NSE.
Asset Allocation & Portfolio Composition
- The fund's asset allocation comprises around 99.83% equities and 0.17% in cash & cash equivalents.
- The ETF predominantly invests in giant and large-cap companies, allocating over 90% of the available assets.
- Top 10 company holdings constitute over 59% of the ETF’s asset allocation.
Top 10 holdings in stocks of Aditya Birla Sun Life Nifty 200 Momentum 30 Index include:
- Hindustan Aeronautics Ltd: 6.90%
-Trent Ltd: 6.01% - Bajaj Auto Ltd: 5.50%
- Coal India: 5.25%
-Titan Company: 5.25% - Bharat Electronics Ltd: 5.16%
- Rec Ltd: 5.02%
- Tata Motors Ltd: 5.02%
- Mahindra & Mahindra Ltd: 5.02%
- ICICI Bank Ltd: 4.95%
Sector-wise allocation in this fund;
- Capital Goods: 26.40%
- Automobiles: 23.54%
- Services: 10.14%
- Financial: 10.01%
- Energy: 8.95%
- Communication: 6.72%
- Materials: 4.62%
- Metals & Mining: 4.43%
- Healthcare: 3.19
- Consumer Staples: 2.60%
- Technology: 1.09%
- Construction:0.74%
Since its inception, this ETF has given a CAGR Of 40.47% offering stable returns over the years.
The ETF Has delivered a return of 67.10% in the last year as of July 29, 2024.
Key indicators
Tracking index Nifty200Momentm30 |
Expense Ratio0.32% |
Tracking error NA |
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Investment checklist: (3/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Returns
Returns vs Benchmark
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
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Birlaslamc - Momentum Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Nov 8 2024 | ₹35.16 | ₹34.90 | -0.74% |
Thu, Nov 7 2024 | ₹36.08 | ₹35.16 | -1.51% |
Wed, Nov 6 2024 | ₹34.92 | ₹35.70 | |
Tue, Nov 5 2024 | ₹35.37 | ₹34.91 | |
Mon, Nov 4 2024 | ₹35.78 | ₹34.78 | -2.19% |
Fri, Nov 1 2024 | ₹35.55 | ₹35.56 | |
Thu, Oct 31 2024 | ₹35.47 | ₹35.03 | -0.34% |
Wed, Oct 30 2024 | ₹35.32 | ₹35.15 | -0.23% |
Composition
What's in fund
Name | Holdings |
---|---|
500251Trent Ltd | 6.60% |
532977Bajaj Auto Ltd | 5.94% |
532555NTPC Ltd | 5.71% |
BHARTIARTLBharti Airtel Ltd | 5.62% |
M&MMahindra & Mahindra Ltd | 4.95% |
TATAMOTORSTata Motors Ltd | 4.75% |
1/5
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Frequently asked questions
What is the Birlaslamc - Momentum share price today?
Birlaslamc - Momentum share price is ₹ 34.60 today.
What is today’s high & low share price of Birlaslamc - Momentum?
Birlaslamc - Momentum share price high: ₹ 35.22 and low: ₹ 34.60
What is Assets Under Management (AUM) of Birlaslamc - Momentum shares today on the NSE?
Birlaslamc - Momentum Assets Under Management (AUM) of ₹ 70.67 Crores.
What is the Birlaslamc - Momentum share price high and low in the last 52 weeks on the NSE?
52 Week share High Price is ₹ 39.57 and Low Price is ₹ 23.44
What is the Birlaslamc - Momentum Stock Symbol?
The Birlaslamc - Momentum Stock symbol is MOMENTUM.
Can I buy Birlaslamc - Momentum shares on Holidays?
No, shares of Birlaslamc - Momentum or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Birlaslamc - Momentum shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.