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Top 7 Best Performing Banking & Financial Services Funds 2023

Updated on March 19, 2023 , 80432 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 ₹119.081
↑ 1.57
₹824-6.8-4.77.422.95.515.1
TATA Banking and Financial Services Fund Growth ₹26.5113
↑ 0.35
₹1,272-7.3-2.510.12110.616.9
SBI Banking & Financial Services Fund Growth ₹24.4248
↑ 0.32
₹3,748-8.3-7.74.520.710.913.5
ICICI Prudential Banking and Financial Services Fund Growth ₹84.98
↑ 1.09
₹5,871-6.4-4.36.323.78.511.9
LIC MF Banking & Financial Services Fund Growth ₹14.7559
↑ 0.24
₹121-6.4-4.213.121.26.919.6
Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹37.83
↑ 0.62
₹2,385-7.9-7.44.3237.811.5
Invesco India Financial Services Fund Growth ₹77.61
↑ 1.01
₹473-6.6-4.44.720.89.212.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 21 Mar 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% 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 (21 Mar 23) ₹119.081 ↑ 1.57   (1.34 %)
Net Assets (Cr) ₹824 on 28 Feb 23
Category Equity - Sectoral
AMC UTI Asset Management Company Ltd
Rating
Risk High
Expense Ratio 2.6
Sharpe Ratio 0.27
Information Ratio -0.31
Alpha Ratio 1.93
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
28 Feb 18₹10,000
28 Feb 19₹9,465
29 Feb 20₹9,897
28 Feb 21₹11,269
28 Feb 22₹11,701
28 Feb 23₹12,771

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 ₹349,120.
Net Profit of ₹49,120
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 21 Mar 23

DurationReturns
1 Month -2.5%
3 Month -6.8%
6 Month -4.7%
1 Year 7.4%
3 Year 22.9%
5 Year 5.5%
10 Year
15 Year
Since launch 14%
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
Amit Premchandani2 Jun 148.67 Yr.
Preethi S2 May 220.75 Yr.

Data below for UTI Banking and Financial Services Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services96.71%
Technology1.06%
Asset Allocation
Asset ClassValue
Cash2.09%
Equity97.77%
Debt0.14%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK
20%₹164 Cr1,020,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANK
18%₹145 Cr1,738,427
↑ 24,835
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
9%₹78 Cr890,000
↓ -10,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBIN
9%₹72 Cr1,300,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 18 | HDFC
7%₹55 Cr210,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
4%₹31 Cr180,000
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Apr 20 | SBILIFE
4%₹30 Cr246,595
↑ 21,021
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | 500034
3%₹25 Cr43,066
↑ 5,619
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | INDUSINDBK
3%₹23 Cr210,000
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | 590003
3%₹21 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 14.4% 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 (21 Mar 23) ₹26.5113 ↑ 0.35   (1.32 %)
Net Assets (Cr) ₹1,272 on 28 Feb 23
Category Equity - Sectoral
AMC Tata Asset Management Limited
Rating Not Rated
Risk High
Expense Ratio 0
Sharpe Ratio 0.46
Information Ratio -0.01
Alpha Ratio 5.46
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
28 Feb 18₹10,000
28 Feb 19₹10,057
29 Feb 20₹12,135
28 Feb 21₹14,435
28 Feb 22₹14,452
28 Feb 23₹16,324

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 21 Mar 23

DurationReturns
1 Month -3.1%
3 Month -7.3%
6 Month -2.5%
1 Year 10.1%
3 Year 21%
5 Year 10.6%
10 Year
15 Year
Since launch 14.4%
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 211.3 Yr.

Data below for TATA Banking and Financial Services Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services95.03%
Health Care0.79%
Asset Allocation
Asset ClassValue
Cash3.4%
Equity96.6%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | HDFCBANK
13%₹162 Cr1,010,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
12%₹158 Cr1,900,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
9%₹112 Cr1,280,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFC
8%₹104 Cr396,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
7%₹89 Cr1,600,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
5%₹64 Cr370,000
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | 590003
4%₹47 Cr4,350,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | RBLBANK
3%₹42 Cr2,700,000
IDFC First Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | IDFCFIRSTB
3%₹40 Cr6,800,000
PNB Housing Finance Ltd (Financial Services)
Equity, Since 31 Oct 21 | PNBHOUSING
3%₹36 Cr653,985

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 11.7% 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 (21 Mar 23) ₹24.4248 ↑ 0.32   (1.32 %)
Net Assets (Cr) ₹3,748 on 28 Feb 23
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating Not Rated
Risk High
Expense Ratio 2.09
Sharpe Ratio 0.12
Information Ratio -0.36
Alpha Ratio -0.55
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
28 Feb 18₹10,000
28 Feb 19₹10,882
29 Feb 20₹13,159
28 Feb 21₹15,512
28 Feb 22₹15,685
28 Feb 23₹16,675

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 ₹395,578.
Net Profit of ₹95,578
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 21 Mar 23

DurationReturns
1 Month -2.7%
3 Month -8.3%
6 Month -7.7%
1 Year 4.5%
3 Year 20.7%
5 Year 10.9%
10 Year
15 Year
Since launch 11.7%
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 175.18 Yr.
Milind Agrawal1 Aug 193.51 Yr.

Data below for SBI Banking & Financial Services Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services95.94%
Asset Allocation
Asset ClassValue
Cash3.64%
Equity96.36%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANK
17%₹645 Cr4,025,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK
15%₹573 Cr6,885,814
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
10%₹367 Cr4,210,795
State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBIN
9%₹353 Cr6,385,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | HDFC
5%₹184 Cr700,000
↑ 300,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 22 | 500034
5%₹173 Cr293,750
Bandhan Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | BANDHANBNK
4%₹171 Cr7,000,000
Bank of Baroda (Financial Services)
Equity, Since 31 Dec 22 | 532134
4%₹166 Cr9,895,478
LIC Housing Finance Ltd (Financial Services)
Equity, Since 30 Sep 22 | LICHSGFIN
4%₹156 Cr3,890,919
↓ -2,000,000
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Aug 22 | 590003
4%₹146 Cr13,635,167

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 15.8% 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 (21 Mar 23) ₹84.98 ↑ 1.09   (1.30 %)
Net Assets (Cr) ₹5,871 on 28 Feb 23
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.05
Sharpe Ratio 0.23
Information Ratio -0.06
Alpha Ratio 1.05
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
28 Feb 18₹10,000
28 Feb 19₹9,930
29 Feb 20₹11,066
28 Feb 21₹12,725
28 Feb 22₹13,600
28 Feb 23₹14,701

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 ₹376,357.
Net Profit of ₹76,357
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 21 Mar 23

DurationReturns
1 Month -2.1%
3 Month -6.4%
6 Month -4.3%
1 Year 6.3%
3 Year 23.7%
5 Year 8.5%
10 Year
15 Year
Since launch 15.8%
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 185.01 Yr.
Sharmila D’mello30 Jun 220.59 Yr.

Data below for ICICI Prudential Banking and Financial Services Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services94.2%
Asset Allocation
Asset ClassValue
Cash4.76%
Equity95.24%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | ICICIBANK
17%₹976 Cr11,728,819
↑ 1,163,568
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
17%₹970 Cr6,046,515
↑ 13,459
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 532215
9%₹493 Cr5,651,581
↑ 353,543
State Bank of India (Financial Services)
Equity, Since 31 Oct 08 | SBIN
8%₹447 Cr8,083,194
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Sep 17 | SBILIFE
5%₹309 Cr2,533,973
↓ -146,357
ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 19 | 540716
5%₹268 Cr2,368,342
↓ -18,030
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | KOTAKBANK
4%₹227 Cr1,313,004
↑ 1,313,004
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 21 | HDFC
4%₹223 Cr850,414
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 21 | SBICARD
4%₹200 Cr2,770,643
↑ 255,967
Muthoot Finance Ltd (Financial Services)
Equity, Since 30 Apr 22 | 533398
3%₹175 Cr1,680,723
↑ 63,579

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 5% 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 (21 Mar 23) ₹14.7559 ↑ 0.24   (1.68 %)
Net Assets (Cr) ₹121 on 28 Feb 23
Category Equity - Sectoral
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk High
Expense Ratio 2.28
Sharpe Ratio 0.53
Information Ratio -0.16
Alpha Ratio 6.66
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
28 Feb 18₹10,000
28 Feb 19₹8,981
29 Feb 20₹10,259
28 Feb 21₹11,512
28 Feb 22₹11,804
28 Feb 23₹13,494

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 ₹357,992.
Net Profit of ₹57,992
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 21 Mar 23

DurationReturns
1 Month -2.2%
3 Month -6.4%
6 Month -4.2%
1 Year 13.1%
3 Year 21.2%
5 Year 6.9%
10 Year
15 Year
Since launch 5%
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 211.41 Yr.

Data below for LIC MF Banking & Financial Services Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services94.47%
Health Care2.15%
Asset Allocation
Asset ClassValue
Cash3.38%
Equity96.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK
19%₹22 Cr259,444
↑ 33,385
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | HDFCBANK
10%₹12 Cr74,742
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | 532215
9%₹11 Cr123,396
↑ 11,471
State Bank of India (Financial Services)
Equity, Since 31 Mar 20 | SBIN
9%₹10 Cr185,169
↑ 12,814
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC
8%₹9 Cr33,786
↑ 9,722
CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 22 | CREDITACC
4%₹5 Cr60,143
↑ 9,871
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | 590003
4%₹5 Cr461,061
↑ 54,407
The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jul 20 | FEDERALBNK
4%₹4 Cr323,890
↑ 177,128
CSB Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Aug 22 | CSBBANK
4%₹4 Cr172,915
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 21 | SBICARD
4%₹4 Cr59,092
↑ 3,956

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 15.4% 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 (21 Mar 23) ₹37.83 ↑ 0.62   (1.67 %)
Net Assets (Cr) ₹2,385 on 28 Feb 23
Category Equity - Sectoral
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk High
Expense Ratio 2.21
Sharpe Ratio 0.14
Information Ratio -0.07
Alpha Ratio -0.48
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
28 Feb 18₹10,000
28 Feb 19₹9,723
29 Feb 20₹10,854
28 Feb 21₹12,737
28 Feb 22₹13,587
28 Feb 23₹14,466

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 ₹367,070.
Net Profit of ₹67,070
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 21 Mar 23

DurationReturns
1 Month -3.7%
3 Month -7.9%
6 Month -7.4%
1 Year 4.3%
3 Year 23%
5 Year 7.8%
10 Year
15 Year
Since launch 15.4%
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 157.44 Yr.
Vinod Bhat26 May 220.69 Yr.

Data below for Aditya Birla Sun Life Banking And Financial Services Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services93.94%
Technology0.87%
Asset Allocation
Asset ClassValue
Cash3.34%
Equity96.66%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | ICICIBANK
14%₹351 Cr4,215,975
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | HDFCBANK
12%₹292 Cr1,822,403
↓ -150,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
8%₹198 Cr2,272,499
State Bank of India (Financial Services)
Equity, Since 31 Oct 17 | SBIN
7%₹174 Cr3,151,492
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
5%₹123 Cr209,611
Bank of Baroda (Financial Services)
Equity, Since 31 Mar 21 | 532134
4%₹103 Cr6,147,307
Poonawalla Fincorp Ltd (Financial Services)
Equity, Since 31 May 21 | POONAWALLA
4%₹89 Cr3,000,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 19 | HDFC
4%₹85 Cr323,254
Bandhan Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | BANDHANBNK
3%₹73 Cr2,995,709
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 31 Mar 21 | SBILIFE
3%₹69 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% 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 (21 Mar 23) ₹77.61 ↑ 1.01   (1.32 %)
Net Assets (Cr) ₹473 on 28 Feb 23
Category Equity - Sectoral
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk High
Expense Ratio 2.59
Sharpe Ratio 0.19
Information Ratio -0.2
Alpha Ratio 0.63
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
28 Feb 18₹10,000
28 Feb 19₹9,876
29 Feb 20₹11,685
28 Feb 21₹13,462
28 Feb 22₹14,181
28 Feb 23₹15,268

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 21 Mar 23

DurationReturns
1 Month -1.9%
3 Month -6.6%
6 Month -4.4%
1 Year 4.7%
3 Year 20.8%
5 Year 9.2%
10 Year
15 Year
Since launch 15%
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 184.67 Yr.
Hiten Jain19 May 202.71 Yr.

Data below for Invesco India Financial Services Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services97.77%
Asset Allocation
Asset ClassValue
Cash2.23%
Equity97.77%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
19%₹88 Cr1,061,403
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
18%₹83 Cr514,751
↑ 14,507
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
10%₹48 Cr547,384
State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN
9%₹41 Cr744,891
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
4%₹20 Cr115,035
↑ 13,485
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 21 | 500034
4%₹18 Cr29,822
↑ 4,228
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 31 Mar 20 | SBILIFE
3%₹15 Cr124,906
↑ 16,748
Equitas Holding Ltd (Financial Services)
Equity, Since 31 May 20 | 539844
3%₹14 Cr1,147,104
↑ 379,986
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jul 17 | CHOLAFIN
3%₹14 Cr194,518
↑ 33,042
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Sep 22 | 590003
3%₹13 Cr1,230,056

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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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