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Top 7 Best Performing Banking & Financial Services Funds 2023

Updated on May 31, 2023 , 81761 views

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.

Banking & Financial Services Mutual 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.

Indian Banking Sector — Overview

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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Top 7 Banking & Finance Mutual Funds to Invest in India

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2022 (%)
UTI Banking and Financial Services Fund Growth ₹131.182
↑ 0.32
₹8678.51.220.626.86.315.1
TATA Banking and Financial Services Fund Growth ₹29.7797
↑ 0.07
₹1,3639.43.626.323.710.716.9
SBI Banking & Financial Services Fund Growth ₹27.1342
↑ 0.04
₹4,01891.216.524.111.213.5
ICICI Prudential Banking and Financial Services Fund Growth ₹94.34
↑ 0.21
₹6,3139.62.519299.611.9
LIC MF Banking & Financial Services Fund Growth ₹16.2797
↑ 0.03
₹1418.52.525.823.98.519.6
Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹43.12
↑ 0.16
₹2,52411.232229.3911.5
Invesco India Financial Services Fund Growth ₹86.38
↑ 0.16
₹5059.52.521.423.79.912.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 Jun 23
above list of top Banking & Financial Services mutual funds having AUM/Net Assets higher than 100 Crore.

1. UTI Banking and Financial Services Fund

(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 CAGR/Annualized return of 14.4% since its launch.  Ranked 20 in Sectoral category.  Return for 2022 was 15.1% , 2021 was 14.3% and 2020 was -5.3% .

Below is the key information for UTI Banking and Financial Services Fund

UTI Banking and Financial Services Fund
Growth
Launch Date 7 Apr 04
NAV (02 Jun 23) ₹131.182 ↑ 0.32   (0.24 %)
Net Assets (Cr) ₹867 on 30 Apr 23
Category Equity - Sectoral
AMC UTI Asset Management Company Ltd
Rating
Risk High
Expense Ratio 2.6
Sharpe Ratio 0.49
Information Ratio 0.24
Alpha Ratio -1.35
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.

DateValue
31 May 18₹10,000
31 May 19₹10,674
31 May 20₹6,194
31 May 21₹11,343
31 May 22₹11,080
31 May 23₹13,398

UTI Banking and Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for UTI Banking and Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jun 23

DurationReturns
1 Month 3.3%
3 Month 8.5%
6 Month 1.2%
1 Year 20.6%
3 Year 26.8%
5 Year 6.3%
10 Year
15 Year
Since launch 14.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 -13.5%
Fund Manager information for UTI Banking and Financial Services Fund
NameSinceTenure
Preethi S2 May 221 Yr.

Data below for UTI Banking and Financial Services Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Financial Services97.87%
Technology0.99%
Asset Allocation
Asset ClassValue
Cash1.14%
Equity98.86%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK
20%₹172 Cr1,020,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANK
18%₹159 Cr1,738,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | AXISBANK
9%₹77 Cr890,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBIN
8%₹66 Cr1,136,690
↓ -38,310
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 18 | HDFC
7%₹58 Cr210,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
4%₹35 Cr180,000
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Apr 20 | SBILIFE
3%₹28 Cr246,595
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | BAJFINANCE
3%₹27 Cr43,066
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | INDUSINDBK
3%₹26 Cr221,577
↑ 11,577
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | KARURVYSYA
2%₹19 Cr1,944,493

2. TATA Banking and Financial Services Fund

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 CAGR/Annualized return of 15.8% since its launch.  Return for 2022 was 16.9% , 2021 was 11.9% and 2020 was 2.7% .

Below is the key information for TATA Banking and Financial Services Fund

TATA Banking and Financial Services Fund
Growth
Launch Date 28 Dec 15
NAV (02 Jun 23) ₹29.7797 ↑ 0.07   (0.23 %)
Net Assets (Cr) ₹1,363 on 30 Apr 23
Category Equity - Sectoral
AMC Tata Asset Management Limited
Rating Not Rated
Risk High
Expense Ratio 0
Sharpe Ratio 0.68
Information Ratio -0.35
Alpha Ratio 2.31
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.

DateValue
31 May 18₹10,000
31 May 19₹10,991
31 May 20₹8,235
31 May 21₹13,681
31 May 22₹12,958
31 May 23₹16,356

TATA Banking and Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for TATA Banking and Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jun 23

DurationReturns
1 Month 4.2%
3 Month 9.4%
6 Month 3.6%
1 Year 26.3%
3 Year 23.7%
5 Year 10.7%
10 Year
15 Year
Since launch 15.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 16.9%
2021 11.9%
2020 2.7%
2019 25.7%
2018 -0.1%
2017 45%
2016 17.8%
2015
2014
2013
Fund Manager information for TATA Banking and Financial Services Fund
NameSinceTenure
Amey Sathe14 Oct 211.54 Yr.

Data below for TATA Banking and Financial Services Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Financial Services96.78%
Health Care0.59%
Asset Allocation
Asset ClassValue
Cash2.63%
Equity97.37%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
13%₹180 Cr1,959,500
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | HDFCBANK
13%₹176 Cr1,040,250
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
8%₹110 Cr1,280,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFC
8%₹110 Cr396,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
7%₹93 Cr1,600,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
5%₹72 Cr370,000
PNB Housing Finance Ltd (Financial Services)
Equity, Since 31 Oct 21 | PNBHOUSING
3%₹45 Cr1,005,199
↑ 351,214
RBL Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | RBLBANK
3%₹44 Cr2,700,000
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | KARURVYSYA
3%₹43 Cr4,350,000
IDFC First Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | IDFCFIRSTB
3%₹42 Cr6,800,000

3. SBI Banking & Financial Services Fund

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 CAGR/Annualized return of 12.8% since its launch.  Return for 2022 was 13.5% , 2021 was 12.1% and 2020 was 4.8% .

Below is the key information for SBI Banking & Financial Services Fund

SBI Banking & Financial Services Fund
Growth
Launch Date 26 Feb 15
NAV (02 Jun 23) ₹27.1342 ↑ 0.04   (0.15 %)
Net Assets (Cr) ₹4,018 on 30 Apr 23
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating Not Rated
Risk High
Expense Ratio 2.09
Sharpe Ratio 0.3
Information Ratio -0.21
Alpha Ratio -4.57
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.

DateValue
31 May 18₹10,000
31 May 19₹11,867
31 May 20₹8,411
31 May 21₹14,827
31 May 22₹14,439
31 May 23₹16,854

SBI Banking & Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for SBI Banking & Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jun 23

DurationReturns
1 Month 2.9%
3 Month 9%
6 Month 1.2%
1 Year 16.5%
3 Year 24.1%
5 Year 11.2%
10 Year
15 Year
Since launch 12.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 13.5%
2021 12.1%
2020 4.8%
2019 20.7%
2018 9.5%
2017 40.7%
2016 17%
2015
2014
2013
Fund Manager information for SBI Banking & Financial Services Fund
NameSinceTenure
Mohit Jain30 Nov 175.42 Yr.
Milind Agrawal1 Aug 193.75 Yr.

Data below for SBI Banking & Financial Services Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Financial Services93.67%
Asset Allocation
Asset ClassValue
Cash5.89%
Equity94.11%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK
17%₹696 Cr7,585,814
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANK
14%₹544 Cr3,225,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK
9%₹349 Cr1,800,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 22 | BAJFINANCE
7%₹269 Cr428,750
↑ 60,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBIN
7%₹268 Cr4,635,000
↓ -350,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | HDFC
5%₹194 Cr700,000
LIC Housing Finance Ltd (Financial Services)
Equity, Since 30 Sep 22 | 500253
5%₹189 Cr5,490,919
Bank of Baroda (Financial Services)
Equity, Since 31 Dec 22 | BANKBARODA
5%₹186 Cr9,895,478
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | AXISBANK
5%₹182 Cr2,110,795
↓ -400,000
Bandhan Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | BANDHANBNK
4%₹161 Cr7,000,000

4. ICICI Prudential Banking and Financial Services Fund

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 CAGR/Annualized return of 16.4% since its launch.  Return for 2022 was 11.9% , 2021 was 23.5% and 2020 was -5.5% .

Below is the key information for ICICI Prudential Banking and Financial Services Fund

ICICI Prudential Banking and Financial Services Fund
Growth
Launch Date 22 Aug 08
NAV (02 Jun 23) ₹94.34 ↑ 0.21   (0.22 %)
Net Assets (Cr) ₹6,313 on 30 Apr 23
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.05
Sharpe Ratio 0.38
Information Ratio 0.34
Alpha Ratio -3.06
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.

DateValue
31 May 18₹10,000
31 May 19₹11,476
31 May 20₹6,928
31 May 21₹13,308
31 May 22₹13,137
31 May 23₹15,653

ICICI Prudential Banking and Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for ICICI Prudential Banking and Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jun 23

DurationReturns
1 Month 4%
3 Month 9.6%
6 Month 2.5%
1 Year 19%
3 Year 29%
5 Year 9.6%
10 Year
15 Year
Since launch 16.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 -2.6%
Fund Manager information for ICICI Prudential Banking and Financial Services Fund
NameSinceTenure
Roshan Chutkey29 Jan 185.25 Yr.
Sharmila D’mello30 Jun 220.84 Yr.

Data below for ICICI Prudential Banking and Financial Services Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Financial Services92.67%
Asset Allocation
Asset ClassValue
Cash6.36%
Equity93.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
17%₹1,099 Cr6,512,990
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | ICICIBANK
17%₹1,083 Cr11,803,996
State Bank of India (Financial Services)
Equity, Since 31 Oct 08 | SBIN
9%₹590 Cr10,194,805
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | AXISBANK
8%₹511 Cr5,939,391
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Sep 17 | SBILIFE
5%₹332 Cr2,911,241
↓ -79,778
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | KOTAKBANK
4%₹275 Cr1,416,664
↓ -290,953
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 21 | HDFC
4%₹271 Cr976,958
↑ 72,447
ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 19 | ICICIGI
4%₹256 Cr2,368,342
Muthoot Finance Ltd (Financial Services)
Equity, Since 30 Apr 22 | MUTHOOTFIN
3%₹215 Cr2,108,630
↑ 267,029
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 21 | SBICARD
3%₹214 Cr2,770,643

5. LIC MF Banking & Financial Services Fund

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 CAGR/Annualized return of 6.1% since its launch.  Return for 2022 was 19.6% , 2021 was 9.8% and 2020 was -2.1% .

Below is the key information for LIC MF Banking & Financial Services Fund

LIC MF Banking & Financial Services Fund
Growth
Launch Date 27 Mar 15
NAV (02 Jun 23) ₹16.2797 ↑ 0.03   (0.19 %)
Net Assets (Cr) ₹141 on 30 Apr 23
Category Equity - Sectoral
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk High
Expense Ratio 2.28
Sharpe Ratio 0.7
Information Ratio -0.27
Alpha Ratio 2.68
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.

DateValue
31 May 18₹10,000
31 May 19₹10,815
31 May 20₹7,462
31 May 21₹12,174
31 May 22₹11,768
31 May 23₹14,892

LIC MF Banking & Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for LIC MF Banking & Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jun 23

DurationReturns
1 Month 4.1%
3 Month 8.5%
6 Month 2.5%
1 Year 25.8%
3 Year 23.9%
5 Year 8.5%
10 Year
15 Year
Since launch 6.1%
Historical performance (Yearly) on absolute basis
YearReturns
2022 19.6%
2021 9.8%
2020 -2.1%
2019 19.9%
2018 -18%
2017 32.7%
2016 10.5%
2015
2014
2013
Fund Manager information for LIC MF Banking & Financial Services Fund
NameSinceTenure
Jaiprakash Toshniwal6 Sep 211.65 Yr.

Data below for LIC MF Banking & Financial Services Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Financial Services93.59%
Health Care2.22%
Asset Allocation
Asset ClassValue
Cash4.19%
Equity95.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK
16%₹22 Cr242,909
↓ -31,432
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | HDFCBANK
11%₹15 Cr90,637
↑ 8,341
State Bank of India (Financial Services)
Equity, Since 31 Mar 20 | SBIN
10%₹14 Cr241,458
↑ 6,107
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | AXISBANK
9%₹13 Cr152,330
↑ 8,453
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC
9%₹12 Cr44,599
The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jul 20 | FEDERALBNK
4%₹6 Cr463,411
↑ 51,724
CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 22 | CREDITACC
4%₹6 Cr64,052
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | KARURVYSYA
4%₹6 Cr591,554
↑ 69,493
Cholamandalam Financial Holdings Ltd Shs Dematerialised (Financial Services)
Equity, Since 31 Jan 23 | CHOLAHLDNG
4%₹6 Cr93,979
↑ 4,965
DCB Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | DCBBANK
4%₹5 Cr491,087
↑ 78,759

6. Aditya Birla Sun Life Banking And Financial Services Fund

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 CAGR/Annualized return of 16.7% since its launch.  Ranked 3 in Sectoral category.  Return for 2022 was 11.5% , 2021 was 16.8% and 2020 was 1.1% .

Below is the key information for Aditya Birla Sun Life Banking And Financial Services Fund

Aditya Birla Sun Life Banking And Financial Services Fund
Growth
Launch Date 14 Dec 13
NAV (02 Jun 23) ₹43.12 ↑ 0.16   (0.37 %)
Net Assets (Cr) ₹2,524 on 30 Apr 23
Category Equity - Sectoral
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk High
Expense Ratio 2.21
Sharpe Ratio 0.37
Information Ratio 0.51
Alpha Ratio -3.63
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.

DateValue
31 May 18₹10,000
31 May 19₹10,848
31 May 20₹6,621
31 May 21₹12,701
31 May 22₹12,460
31 May 23₹15,203

Aditya Birla Sun Life Banking And Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for Aditya Birla Sun Life Banking And Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jun 23

DurationReturns
1 Month 4.8%
3 Month 11.2%
6 Month 3%
1 Year 22%
3 Year 29.3%
5 Year 9%
10 Year
15 Year
Since launch 16.7%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013
Fund Manager information for Aditya Birla Sun Life Banking And Financial Services Fund
NameSinceTenure
Dhaval Gala26 Aug 157.68 Yr.
Dhaval Joshi21 Nov 220.44 Yr.

Data below for Aditya Birla Sun Life Banking And Financial Services Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Financial Services94.84%
Technology0.5%
Asset Allocation
Asset ClassValue
Cash2.66%
Equity97.34%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | ICICIBANK
16%₹414 Cr4,515,975
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | HDFCBANK
11%₹282 Cr1,672,322
↓ -150,081
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | AXISBANK
8%₹204 Cr2,372,499
↓ -100,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 17 | SBIN
7%₹182 Cr3,151,492
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | BAJFINANCE
5%₹132 Cr209,611
Bank of Baroda (Financial Services)
Equity, Since 31 Mar 21 | BANKBARODA
5%₹115 Cr6,147,307
Poonawalla Fincorp Ltd (Financial Services)
Equity, Since 31 May 21 | POONAWALLA
4%₹108 Cr3,357,221
↑ 357,221
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 19 | HDFC
4%₹90 Cr323,254
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 19 | KOTAKBANK
3%₹75 Cr386,891
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 31 Mar 21 | SBILIFE
3%₹65 Cr568,179

7. Invesco India Financial Services Fund

(Erstwhile Invesco India Banking Fund)

The investment objective of the Scheme is to generate long-term capital growth from a portfolio of equity and equity-related securities of companies engaged in the business of banking and financial services.

Invesco India Financial Services Fund is a Equity - Sectoral fund was launched on 14 Jul 08. It is a fund with High risk and has given a CAGR/Annualized return of 15.6% since its launch.  Ranked 5 in Sectoral category.  Return for 2022 was 12.8% , 2021 was 14% and 2020 was 2.4% .

Below is the key information for Invesco India Financial Services Fund

Invesco India Financial Services Fund
Growth
Launch Date 14 Jul 08
NAV (02 Jun 23) ₹86.38 ↑ 0.16   (0.19 %)
Net Assets (Cr) ₹505 on 30 Apr 23
Category Equity - Sectoral
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk High
Expense Ratio 2.59
Sharpe Ratio 0.39
Information Ratio -0.26
Alpha Ratio -3.34
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.

DateValue
31 May 18₹10,000
31 May 19₹11,011
31 May 20₹7,948
31 May 21₹13,495
31 May 22₹13,112
31 May 23₹15,913

Invesco India Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Invesco India Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jun 23

DurationReturns
1 Month 3.7%
3 Month 9.5%
6 Month 2.5%
1 Year 21.4%
3 Year 23.7%
5 Year 9.9%
10 Year
15 Year
Since launch 15.6%
Historical performance (Yearly) on absolute basis
YearReturns
2022 12.8%
2021 14%
2020 2.4%
2019 21.2%
2018 -0.3%
2017 45.2%
2016 10.4%
2015 -2.1%
2014 55.8%
2013 -9.5%
Fund Manager information for Invesco India Financial Services Fund
NameSinceTenure
Dhimant Kothari1 Jun 184.92 Yr.
Hiten Jain19 May 202.95 Yr.

Data below for Invesco India Financial Services Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Financial Services96.34%
Asset Allocation
Asset ClassValue
Cash3.66%
Equity96.34%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
20%₹100 Cr1,088,996
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
18%₹89 Cr529,452
↑ 14,701
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | AXISBANK
9%₹47 Cr547,384
State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN
9%₹46 Cr789,567
↑ 44,676
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
4%₹22 Cr115,035
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 21 | BAJFINANCE
4%₹19 Cr29,822
Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Mar 23 | EQUITASBNK
4%₹18 Cr2,649,810
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jul 17 | CHOLAFIN
3%₹17 Cr194,518
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 31 Mar 20 | SBILIFE
3%₹14 Cr124,906
Bank of Baroda (Financial Services)
Equity, Since 28 Feb 22 | BANKBARODA
3%₹14 Cr742,327

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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