Birlaslamc - Momentum ETF

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.