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Fincash » Mutual Funds » Aditya Birla Sun Life Banking And Financial Services Fund

Aditya Birla Sun Life Banking And Financial Services Fund - G

NAV  ₹51.72 ↑ 0.09  (0.17 %) as on 17 May 24

Scheme Objective

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 launched on 14 Dec 13. It is a fund with High risk and has given a CAGR 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% .

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

NAV as on 17 May 24₹51.72 ↑ 0.09  (0.17 %)
Net Assets (AUM) as on 30 Apr 2024 ₹3,178 Cr.
Launch Date14 Dec 2013
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCBirla Sun Life Asset Management Co Ltd
Alpha Ratio14.46
Expense Ratio2.13 %
Sharpe Ratio1.799
Information Ratio0.69
BenchmarkNot Available
Min Investment ₹1,000
Min SIP Investment ₹1,000
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 1.7%
3 Month 2.6%
6 Month 9.7%
1 Year 22.7%
3 Year 15%
5 Year 12.6%
10 Year
15 Year
Since launch 17.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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%

Growth of 10k Over Years

DateValue
30 Apr 19₹10,000
30 Apr 20₹7,142
30 Apr 21₹11,436
30 Apr 22₹12,572
30 Apr 23₹14,091
30 Apr 24₹18,351
Aditya Birla Sun Life Banking And Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.43%
Equity98.57%
Other0%
Aditya Birla Sun Life Banking And Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services95.52%
Technology2.77%
Aditya Birla Sun Life Banking And Financial Services Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | ICICIBANK
Banks - Regional18%₹546 Cr4,993,129
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | HDFCBANK
Banks - Regional17%₹498 Cr3,436,948
↑ 300,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
Credit Services6%₹184 Cr253,725
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
Banks - Regional6%₹178 Cr1,699,645
State Bank of India (Financial Services)
Equity, Since 31 Oct 17 | SBIN
Banks - Regional6%₹177 Cr2,351,492
Poonawalla Fincorp Ltd (Financial Services)
Equity, Since 31 May 21 | 524000
Credit Services4%₹113 Cr2,422,221
Shriram Finance Ltd (Financial Services)
Equity, Since 30 Jun 23 | SHRIRAMFIN
Credit Services4%₹108 Cr458,066
Bank of India (Financial Services)
Equity, Since 31 Dec 22 | 532149
Banks - Regional3%₹86 Cr6,252,980
Repco Home Finance Ltd (Financial Services)
Equity, Since 31 Dec 13 | 535322
Mortgage Finance3%₹84 Cr2,095,955
The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | FEDERALBNK
Banks - Regional3%₹83 Cr5,510,858
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Fund Managers

NameSinceTenure
Dhaval Gala26 Aug 158.61 Yr.
Dhaval Joshi21 Nov 221.36 Yr.

Custodians

CompanyAddress
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Aditya Birla Sun Life Mutual FundOne India Bulls Centre , Tower 1,,17th Floor, Jupiter Mill Compound,,841, Senapati Bapat Marg,,Elphinstone Road,

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Aditya Birla Sun Life Banking And Financial Services Fund
Normal Dividend, Payout
₹21.73
↑ 0.04
2.02 %14.07 %11.97 %10.66 %
Aditya Birla Sun Life Banking And Financial Services Fund
Growth
₹51.72
↑ 0.09
9.74 %22.7 %15.04 %12.64 %
Data as on 17 May 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.