Aditya Birla Sun Life Nifty Bank ETF AUM surpasses Rs 2,000 Crore In February; registers 25x growth in FY23

Mumbai, 15 March, 2023: Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited, an investment manager to Aditya Birla Sun Life Mutual Fund, further strengthened its presence in the ETF space. The Aditya Birla Sun Life Nifty Bank ETF registered a growth of over 25x in its AUM during from 1st April 2022 to 28th February 2023 and surpassed the milestone of Rs 2000 crore.

The Aditya Birla Sun Life Nifty Bank ETF, an open-ended exchange-traded fund tracking the Nifty Bank Index, launched on 23rd October 2019 is for investors looking for long-term capital growth.

Nifty Bank Index is comprised of the most liquid and large-capitalized Indian Banking stocks. It provides investors and market intermediaries with a benchmark that captures the capital market performance of Indian Banks.

Commenting on ETF’s milestone and growth, A. Balasubramanian, Managing Director and Chief Executive Officer, Aditya Birla Sun Life AMC Ltd. said, “We are thrilled to see a tremendous response from investors for Aditya Birla Sun Life Nifty Bank ETF. The strong performance of the banking sector has played a significant role in the success of the fund, and we believe that the trend will continue in the future. I firmly believe, a robust banking system is a must to support India’s growth.”

The asset under management for Aditya Birla Sun Life AMC Ltd in the ETF space has grown over 3x to over Rs 4000 crore as on the end of 28th February 2023 since the start of the current financial year.

In addition to Aditya Birla Sun Life Nifty Bank ETF, the other ETFs offered by the company have also witnessed substantial growth in AUM demonstrating the company’s commitment to providing investors with a diverse range of investment options that cater to their needs.

FY23 Highlights of other ETF’s offered by Aditya Birla Sun Life AMC Ltd

1. Aditya Birla Sun Life Nifty 50 ETF’s AUM up 72% at Rs 1095 crore

2. Aditya Birla Sun Life Gold ETF’s AUM up 50% at Rs 534 crore

3. Aditya Birla Sun Life Silver ETF’s AUM up 76% at Rs 169 crore

For disclosures of quarterly AUM/ AAUM and AUM by Geography, please visit our website: https://mutualfund.adityabirlacapital.com/

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

NSE disclaimer: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Draft Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the ‘Disclaimer Clause of NSE’.

Aditya Birla Sun Life Nifty Bank ETF
(An Open ended exchange-trade fund tracking Nifty Bank Index)
This Product is suitable for investors who are seeking*: Scheme Riskometer Benchmark Riskometer

Nifty Bank TRI

•   long term capital growth

•   investments in stocks comprising the underlying index and endeavors to track the benchmark index

*Investors should consult their financial advisers if in doubt whether the product is suitable for them

Aditya Birla Sun Life Nifty 50 ETF
(An open ended scheme replicating NIFTY 50 TR Index)
This Product is suitable for investors who are seeking*: Scheme Riskometer Benchmark Riskometer

Nifty 50 TRI

•   long term capital growth

•   investments in stocks in line with Nifty 50 TRI to generate comparable returns, subject to tracking errors

*Investors should consult their financial advisers if in doubt whether the product is suitable for them

 
Aditya Birla Sun Life Silver ETF
An open ended exchange traded fund tracking physical price of Silver
This Product is suitable for investors who are seeking*:  

 

 

•   Investors seeking returns that are in line with the performance of silver over the long term, subject to tracking errors

•   Investments in physical silver of 99.9% purity (fineness)

*Investors should consult their financial advisers if in doubt whether the product is suitable for them

 

•   Returns that are in line with the performance of gold over long term, subject to tracking errors.

• investments in physical gold of 99.5% purity (fineness)

*Investors should consult their financial advisers if in doubt whether the product is suitable for them

Aditya Birla Sun Life Gold ETF
(An open ended scheme tracking physical price of Gold)
This Product is suitable for investors who are seeking*: Scheme Riskometer Benchmark Riskometer

 

 

 

 

Moderate Moderately High

Low to

Moderate                                           High

 

Low                                                             Very High

 

RISKOMETER

 

Investors understand that their principal will be at Very High risk

 

Leave a Reply