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| Name of the scheme | 1-year back | Invest now | Fund category | expense ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest now | Equity: Big Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest now | Equity: Big Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest now | Equity: Big Cap | 0.25% |
| Axis Nifty 500 Index Fund | , | Invest now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest now | Equity: Mid Cap | 0.28% |
Choti SIP is available in all plans except loans, regional and thematic, small and midcap funds. Investors must be committed to at least 60 installments, although initial withdrawal is allowed.
However, other mutual funds, SIPs, or lump sum investment are not eligible with existing investments.
The scheme is particularly available under development option, with payment through Nach or UPI Auto Pay.
A Balasubramanian, Managing Director and CEO, Aditya Birla Sun Life AMC Limited said, “Choti SIP reduces entry barrier and promotes systematic investment. This initiative supports financial inclusion by helping individuals take his first step towards disciplined money accumulation.”
About Aditya Birla Sun Life AMC Limited
Aditya Birla Sun Life AMC Limited (ABSLAMC), included in 1994, Aditya Birla is the investment manager of Sun Life Mutual Fund. The company also offers portfolio management services, real estate investment and alternative investment funds.
Also read This mutual fund has changed âı 10,000 monthly SIP to âı 1.9 crore in 20 years.
By December 31, 2024, ABSLAMC managed AUM of âı 4 lakh crore at 300+ places.
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