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Top 7 Equity - Sectoral Funds
Banking and financial services sector funds are a type of equity sector funds that primarily invest in companies that cater to the banking and financial services. Over the last one year, banking sector funds have performed very strongly in the Market. In last 6 months, some of the top banking sector Mutual Funds have given an Average Return of 27 percent - 31 percent
. Such high returns are always tempting and many investors flock towards Investing in such funds.
Ideally, an investor who has an experience of equities and also a good knowledge in the banking sector should only invest in these funds. To make your investing process easy, we have listed down India’s top performing baking sector funds.
The Indian banking system consists of 27 public sector banks, 26 private sector banks, 56 regional rural banks, 46 foreign banks, 93,913 rural cooperative banks and 1,574 urban cooperative banks, in addition to cooperative credit institutions. Some of the major players in this sector are— HDFC Bank, State Bank of India, ICICI Bank Limited, Yes Bank, etc. Public sector banks control more than 70 per cent of the banking system assets, thereby leaving a comparatively smaller share for its private peers.
Though, there are many promising and leading companies in this sector, investors should not forget that sector Equity Funds are the riskiest amongst all the equity funds. Thus, experienced investors with a high-risk appetite and who wants to invest for a long-term, should ideally should consider investing in funds below.
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Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) UTI Banking and Financial Services Fund Growth ₹154.887
↑ 1.17 ₹1,032 1.4 11.9 25 16.6 8.8 19.5 TATA Banking and Financial Services Fund Growth ₹34.8288
↑ 0.34 ₹1,943 1 7.2 25.6 16.2 13.2 22 SBI Banking & Financial Services Fund Growth ₹33.5165
↑ 0.27 ₹5,056 5.4 17.1 31.4 16.4 13.2 18.6 ICICI Prudential Banking and Financial Services Fund Growth ₹108.68
↑ 0.93 ₹7,490 4.5 9.5 22.7 16.9 10.5 17.9 LIC MF Banking & Financial Services Fund Growth ₹18.4037
↑ 0.15 ₹290 -0.1 5.3 20.9 16 10.6 20.5 Baroda Pioneer Banking And Financial Services Fund Growth ₹38.8222
↑ 0.31 ₹125 2.3 14.6 26.4 15 10.9 20.5 Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹51.14
↑ 0.45 ₹2,990 2.1 7.6 28.1 18 11.7 21.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Apr 24 Banking & Financial Services
mutual funds having AUM/Net Assets higher than 100 Crore
.
(Erstwhile UTI Banking Sector Fund) Investment objective is "capital appreciation" through investments in the stocks of the companies/institutions engaged in the banking and financial services activities. UTI Banking and Financial Services Fund is a Equity - Sectoral fund was launched on 7 Apr 04. It is a fund with High risk and has given a Below is the key information for UTI Banking and Financial Services Fund Returns up to 1 year are on The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India. TATA Banking and Financial Services Fund is a Equity - Sectoral fund was launched on 28 Dec 15. It is a fund with High risk and has given a Below is the key information for TATA Banking and Financial Services Fund Returns up to 1 year are on The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized. SBI Banking & Financial Services Fund is a Equity - Sectoral fund was launched on 26 Feb 15. It is a fund with High risk and has given a Below is the key information for SBI Banking & Financial Services Fund Returns up to 1 year are on ICICI Prudential Banking and Financial Services Fund is an Open-ended equity scheme that seeks to generate long-term capital appreciation to unitholders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized. ICICI Prudential Banking and Financial Services Fund is a Equity - Sectoral fund was launched on 22 Aug 08. It is a fund with High risk and has given a Below is the key information for ICICI Prudential Banking and Financial Services Fund Returns up to 1 year are on The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that is invested substantially in equity and equity related securities of companies engaged in banking & financial services sector. However, there can be no assurance that the investment objective of the Scheme will be realised. LIC MF Banking & Financial Services Fund is a Equity - Sectoral fund was launched on 27 Mar 15. It is a fund with High risk and has given a Below is the key information for LIC MF Banking & Financial Services Fund Returns up to 1 year are on The investment objective is to generate long-term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector. Baroda Pioneer Banking And Financial Services Fund is a Equity - Sectoral fund was launched on 22 Jun 12. It is a fund with High risk and has given a Below is the key information for Baroda Pioneer Banking And Financial Services Fund Returns up to 1 year are on The primary investment objective of the Scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved. Aditya Birla Sun Life Banking And Financial Services Fund is a Equity - Sectoral fund was launched on 14 Dec 13. It is a fund with High risk and has given a Below is the key information for Aditya Birla Sun Life Banking And Financial Services Fund Returns up to 1 year are on 1. UTI Banking and Financial Services Fund
CAGR/Annualized
return of 14.7% since its launch. Ranked 20 in Sectoral
category. Return for 2023 was 19.5% , 2022 was 15.1% and 2021 was 14.3% . UTI Banking and Financial Services Fund
Growth Launch Date 7 Apr 04 NAV (19 Apr 24) ₹154.887 ↑ 1.17 (0.76 %) Net Assets (Cr) ₹1,032 on 31 Mar 24 Category Equity - Sectoral AMC UTI Asset Management Company Ltd Rating ☆☆☆ Risk High Expense Ratio 2.55 Sharpe Ratio 1.58 Information Ratio 0.55 Alpha Ratio 10.78 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹5,801 31 Mar 21 ₹10,101 31 Mar 22 ₹10,981 31 Mar 23 ₹11,832 31 Mar 24 ₹14,987 Returns for UTI Banking and Financial Services Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 4.1% 3 Month 1.4% 6 Month 11.9% 1 Year 25% 3 Year 16.6% 5 Year 8.8% 10 Year 15 Year Since launch 14.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 19.5% 2022 15.1% 2021 14.3% 2020 -5.3% 2019 11.6% 2018 -6.8% 2017 43.5% 2016 13% 2015 -11.3% 2014 64% Fund Manager information for UTI Banking and Financial Services Fund
Name Since Tenure Preethi S 2 May 22 1.92 Yr. Data below for UTI Banking and Financial Services Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 98.34% Technology 0.79% Asset Allocation
Asset Class Value Cash 0.46% Equity 99.13% Debt 0.41% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANK17% ₹173 Cr 1,645,000
↓ -150,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK14% ₹145 Cr 1,033,655
↑ 55,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 5322156% ₹60 Cr 560,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | 5000345% ₹53 Cr 82,345 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Apr 20 | SBILIFE5% ₹52 Cr 333,225 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK4% ₹43 Cr 253,374 Shriram Finance Ltd (Financial Services)
Equity, Since 31 Jan 24 | SHRIRAMFIN4% ₹42 Cr 174,136
↑ 95,500 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | 5900034% ₹40 Cr 2,177,583 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | INDUSINDBK4% ₹39 Cr 263,468 Indian Bank (Financial Services)
Equity, Since 31 May 23 | 5328143% ₹35 Cr 670,843
↑ 50,000 2. TATA Banking and Financial Services Fund
CAGR/Annualized
return of 16.2% since its launch. Return for 2023 was 22% , 2022 was 16.9% and 2021 was 11.9% . TATA Banking and Financial Services Fund
Growth Launch Date 28 Dec 15 NAV (19 Apr 24) ₹34.8288 ↑ 0.34 (0.98 %) Net Assets (Cr) ₹1,943 on 31 Mar 24 Category Equity - Sectoral AMC Tata Asset Management Limited Rating Risk High Expense Ratio 1.98 Sharpe Ratio 1.4 Information Ratio 0.45 Alpha Ratio 8.65 Min Investment 5,000 Min SIP Investment 150 Exit Load 0-3 Months (0.25%),3 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,675 31 Mar 21 ₹12,399 31 Mar 22 ₹13,074 31 Mar 23 ₹14,479 31 Mar 24 ₹18,109 Returns for TATA Banking and Financial Services Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 5.2% 3 Month 1% 6 Month 7.2% 1 Year 25.6% 3 Year 16.2% 5 Year 13.2% 10 Year 15 Year Since launch 16.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 22% 2022 16.9% 2021 11.9% 2020 2.7% 2019 25.7% 2018 -0.1% 2017 45% 2016 17.8% 2015 2014 Fund Manager information for TATA Banking and Financial Services Fund
Name Since Tenure Amey Sathe 14 Oct 21 2.47 Yr. Data below for TATA Banking and Financial Services Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 97.67% Asset Allocation
Asset Class Value Cash 2.33% Equity 97.67% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | HDFCBANK21% ₹399 Cr 2,840,000
↑ 40,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK9% ₹168 Cr 1,600,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322157% ₹138 Cr 1,280,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN5% ₹105 Cr 1,400,000
↓ -100,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK5% ₹103 Cr 610,000
↑ 28,511 PNB Housing Finance Ltd (Financial Services)
Equity, Since 31 Oct 21 | PNBHOUSING3% ₹57 Cr 815,709 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | 5900033% ₹55 Cr 3,017,310 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | INDUSINDBK3% ₹52 Cr 350,000
↑ 30,000 ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Jun 19 | ICICIGI3% ₹51 Cr 300,000 SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Mar 20 | SBICARD2% ₹47 Cr 649,600
↑ 49,600 3. SBI Banking & Financial Services Fund
CAGR/Annualized
return of 14.1% since its launch. Return for 2023 was 18.6% , 2022 was 13.5% and 2021 was 12.1% . SBI Banking & Financial Services Fund
Growth Launch Date 26 Feb 15 NAV (19 Apr 24) ₹33.5165 ↑ 0.27 (0.82 %) Net Assets (Cr) ₹5,056 on 31 Mar 24 Category Equity - Sectoral AMC SBI Funds Management Private Limited Rating Risk High Expense Ratio 1.96 Sharpe Ratio 2.08 Information Ratio 0.38 Alpha Ratio 15.9 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,243 31 Mar 21 ₹12,445 31 Mar 22 ₹13,152 31 Mar 23 ₹13,724 31 Mar 24 ₹18,296 Returns for SBI Banking & Financial Services Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 4.7% 3 Month 5.4% 6 Month 17.1% 1 Year 31.4% 3 Year 16.4% 5 Year 13.2% 10 Year 15 Year Since launch 14.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 18.6% 2022 13.5% 2021 12.1% 2020 4.8% 2019 20.7% 2018 9.5% 2017 40.7% 2016 17% 2015 2014 Fund Manager information for SBI Banking & Financial Services Fund
Name Since Tenure Mohit Jain 30 Nov 17 6.34 Yr. Milind Agrawal 1 Aug 19 4.67 Yr. Data below for SBI Banking & Financial Services Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 95.82% Asset Allocation
Asset Class Value Cash 4.18% Equity 95.82% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK18% ₹893 Cr 8,485,814
↓ -600,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANK10% ₹493 Cr 3,513,920 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK10% ₹473 Cr 2,800,000
↑ 250,000 State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBIN8% ₹422 Cr 5,635,000
↑ 3,000,000 REC Ltd (Financial Services)
Equity, Since 31 Aug 23 | 5329555% ₹230 Cr 5,200,000 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 31 Jan 24 | SBILIFE4% ₹186 Cr 1,200,000 Canara Bank (Financial Services)
Equity, Since 31 Dec 22 | 5324834% ₹177 Cr 3,129,552 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Sep 23 | SHRIRAMFIN4% ₹176 Cr 720,000 Nippon Life India Asset Management Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Aug 23 | NAM-INDIA3% ₹174 Cr 3,369,568
↓ -838 Bank of India (Financial Services)
Equity, Since 31 Dec 23 | BANKINDIA3% ₹165 Cr 12,545,197
↑ 2,000,000 4. ICICI Prudential Banking and Financial Services Fund
CAGR/Annualized
return of 16.5% since its launch. Return for 2023 was 17.9% , 2022 was 11.9% and 2021 was 23.5% . ICICI Prudential Banking and Financial Services Fund
Growth Launch Date 22 Aug 08 NAV (19 Apr 24) ₹108.68 ↑ 0.93 (0.86 %) Net Assets (Cr) ₹7,490 on 31 Mar 24 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆☆ Risk High Expense Ratio 1.98 Sharpe Ratio 1.59 Information Ratio 0.51 Alpha Ratio 8.53 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,198 31 Mar 21 ₹10,971 31 Mar 22 ₹12,335 31 Mar 23 ₹13,143 31 Mar 24 ₹16,391 Returns for ICICI Prudential Banking and Financial Services Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 2.8% 3 Month 4.5% 6 Month 9.5% 1 Year 22.7% 3 Year 16.9% 5 Year 10.5% 10 Year 15 Year Since launch 16.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 17.9% 2022 11.9% 2021 23.5% 2020 -5.5% 2019 14.5% 2018 -0.4% 2017 45.1% 2016 21.1% 2015 -7.2% 2014 69% Fund Manager information for ICICI Prudential Banking and Financial Services Fund
Name Since Tenure Roshan Chutkey 29 Jan 18 6.18 Yr. Sharmila D’mello 30 Jun 22 1.76 Yr. Data below for ICICI Prudential Banking and Financial Services Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 91.39% Industrials 0.78% Technology 0.35% Asset Allocation
Asset Class Value Cash 7.48% Equity 92.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK19% ₹1,418 Cr 10,103,543 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | ICICIBANK19% ₹1,387 Cr 13,180,849 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | KOTAKBANK6% ₹472 Cr 2,793,219 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 5322156% ₹449 Cr 4,175,641 ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 19 | ICICIGI6% ₹412 Cr 2,404,058
↓ -156,775 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Sep 17 | SBILIFE5% ₹389 Cr 2,506,554
↓ -128,231 State Bank of India (Financial Services)
Equity, Since 31 Oct 08 | SBIN4% ₹277 Cr 3,697,116
↓ -5,833,360 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 23 | 5000343% ₹237 Cr 364,446 SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 21 | SBICARD3% ₹225 Cr 3,121,785 Muthoot Finance Ltd (Financial Services)
Equity, Since 30 Apr 22 | 5333983% ₹199 Cr 1,527,821
↓ -11,160 5. LIC MF Banking & Financial Services Fund
CAGR/Annualized
return of 7% since its launch. Return for 2023 was 20.5% , 2022 was 19.6% and 2021 was 9.8% . LIC MF Banking & Financial Services Fund
Growth Launch Date 27 Mar 15 NAV (19 Apr 24) ₹18.4037 ↑ 0.15 (0.82 %) Net Assets (Cr) ₹290 on 31 Mar 24 Category Equity - Sectoral AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 2.29 Sharpe Ratio 1.02 Information Ratio 0.4 Alpha Ratio 4.32 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,009 31 Mar 21 ₹11,104 31 Mar 22 ₹11,948 31 Mar 23 ₹13,461 31 Mar 24 ₹16,207 Returns for LIC MF Banking & Financial Services Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 4.1% 3 Month -0.1% 6 Month 5.3% 1 Year 20.9% 3 Year 16% 5 Year 10.6% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.5% 2022 19.6% 2021 9.8% 2020 -2.1% 2019 19.9% 2018 -18% 2017 32.7% 2016 10.5% 2015 2014 Fund Manager information for LIC MF Banking & Financial Services Fund
Name Since Tenure Jaiprakash Toshniwal 6 Sep 21 2.57 Yr. Data below for LIC MF Banking & Financial Services Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 95.61% Asset Allocation
Asset Class Value Cash 4.39% Equity 95.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | HDFCBANK21% ₹61 Cr 431,629 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK14% ₹41 Cr 394,288
↓ -83,300 State Bank of India (Financial Services)
Equity, Since 31 Mar 20 | SBIN8% ₹22 Cr 296,539
↓ -166,173 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | 5322157% ₹22 Cr 204,142 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jul 20 | FEDERALBNK4% ₹13 Cr 831,927 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 22 | CREDITACC4% ₹11 Cr 72,320 DCB Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | 5327723% ₹10 Cr 780,100 Piramal Enterprises Ltd (Financial Services)
Equity, Since 31 Oct 21 | 5003023% ₹10 Cr 107,161 IIFL Finance Ltd (Financial Services)
Equity, Since 31 Jan 24 | 5326363% ₹9 Cr 148,991
↑ 101,193 L&T Finance Holdings Ltd (Financial Services)
Equity, Since 31 Mar 23 | L&TFH3% ₹9 Cr 517,534
↓ -118,953 6. Baroda Pioneer Banking And Financial Services Fund
CAGR/Annualized
return of 12.2% since its launch. Ranked 32 in Sectoral
category. Return for 2023 was 20.5% , 2022 was 15.7% and 2021 was 8% . Baroda Pioneer Banking And Financial Services Fund
Growth Launch Date 22 Jun 12 NAV (19 Apr 24) ₹38.8222 ↑ 0.31 (0.80 %) Net Assets (Cr) ₹125 on 31 Mar 24 Category Equity - Sectoral AMC Baroda Pioneer Asset Management Co. Ltd. Rating ☆☆ Risk High Expense Ratio 2.63 Sharpe Ratio 1.57 Information Ratio 0.16 Alpha Ratio 10.64 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,222 31 Mar 21 ₹11,760 31 Mar 22 ₹12,049 31 Mar 23 ₹12,793 31 Mar 24 ₹16,490 Returns for Baroda Pioneer Banking And Financial Services Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 4.3% 3 Month 2.3% 6 Month 14.6% 1 Year 26.4% 3 Year 15% 5 Year 10.9% 10 Year 15 Year Since launch 12.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.5% 2022 15.7% 2021 8% 2020 -1% 2019 23.1% 2018 1.2% 2017 32.9% 2016 8.7% 2015 -11.8% 2014 59% Fund Manager information for Baroda Pioneer Banking And Financial Services Fund
Name Since Tenure Sandeep Jain 14 Mar 22 2.05 Yr. Miten Vora 1 Dec 22 1.33 Yr. Data below for Baroda Pioneer Banking And Financial Services Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 96.39% Asset Allocation
Asset Class Value Cash 3.61% Equity 96.39% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK17% ₹21 Cr 197,000
↑ 15,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 14 | HDFCBANK15% ₹18 Cr 130,450
↓ -25,000 State Bank of India (Financial Services)
Equity, Since 30 Jun 12 | SBIN8% ₹10 Cr 137,000
↑ 41,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | 5322157% ₹9 Cr 79,500
↑ 12,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 21 | 5000344% ₹5 Cr 7,900 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 13 | KOTAKBANK4% ₹5 Cr 29,400 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Aug 20 | INDUSINDBK4% ₹5 Cr 31,500
↑ 2,500 Indian Bank (Financial Services)
Equity, Since 31 Dec 23 | 5328142% ₹3 Cr 55,000 BSE Ltd (Financial Services)
Equity, Since 31 Aug 23 | BSE2% ₹2 Cr 10,500
↑ 2,000 Power Finance Corp Ltd (Financial Services)
Equity, Since 31 May 23 | 5328102% ₹2 Cr 60,000 7. Aditya Birla Sun Life Banking And Financial Services Fund
CAGR/Annualized
return of 17.1% since its launch. Ranked 3 in Sectoral
category. Return for 2023 was 21.7% , 2022 was 11.5% and 2021 was 16.8% . Aditya Birla Sun Life Banking And Financial Services Fund
Growth Launch Date 14 Dec 13 NAV (19 Apr 24) ₹51.14 ↑ 0.45 (0.89 %) Net Assets (Cr) ₹2,990 on 31 Mar 24 Category Equity - Sectoral AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 2.13 Sharpe Ratio 1.81 Information Ratio 0.65 Alpha Ratio 13.25 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,301 31 Mar 21 ₹11,191 31 Mar 22 ₹12,514 31 Mar 23 ₹13,051 31 Mar 24 ₹17,014 Returns for Aditya Birla Sun Life Banking And Financial Services Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 4.3% 3 Month 2.1% 6 Month 7.6% 1 Year 28.1% 3 Year 18% 5 Year 11.7% 10 Year 15 Year Since launch 17.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 21.7% 2022 11.5% 2021 16.8% 2020 1.1% 2019 14.9% 2018 -2.4% 2017 47.6% 2016 15.7% 2015 -0.5% 2014 65.8% Fund Manager information for Aditya Birla Sun Life Banking And Financial Services Fund
Name Since Tenure Dhaval Gala 26 Aug 15 8.61 Yr. Dhaval Joshi 21 Nov 22 1.36 Yr. Data below for Aditya Birla Sun Life Banking And Financial Services Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 93.7% Technology 2.88% Asset Allocation
Asset Class Value Cash 2.23% Equity 97.77% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | ICICIBANK17% ₹525 Cr 4,993,129 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | HDFCBANK15% ₹440 Cr 3,136,948 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322156% ₹183 Cr 1,699,645 State Bank of India (Financial Services)
Equity, Since 31 Oct 17 | SBIN6% ₹176 Cr 2,351,492 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 5000345% ₹165 Cr 253,725 Poonawalla Fincorp Ltd (Financial Services)
Equity, Since 31 May 21 | POONAWALLA4% ₹113 Cr 2,422,221 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Jun 23 | SHRIRAMFIN4% ₹112 Cr 458,066
↑ 43,236 Repco Home Finance Ltd (Financial Services)
Equity, Since 31 Dec 13 | 5353223% ₹92 Cr 2,095,955 Computer Age Management Services Ltd Ordinary Shares (Technology)
Equity, Since 31 Dec 23 | CAMS3% ₹83 Cr 270,899 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | FEDERALBNK3% ₹83 Cr 5,510,858
↑ 1,035,180
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