fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

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

Aditya Birla Sun Life Banking And Financial Services Fund - G

NAV  ₹49.17 ↓ -0.08  (-0.16 %) as on 18 Mar 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 16.8% 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 18 Mar 24₹49.17 ↓ -0.08  (-0.16 %)
Net Assets (AUM) as on 31 Jan 2024 ₹3,085 Cr.
Launch Date14 Dec 2013
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCBirla Sun Life Asset Management Co Ltd
Alpha Ratio12.37
Expense Ratio2.13 %
Sharpe Ratio1.515
Information Ratio0.93
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 18 Mar 24

DurationReturns
1 Month -2.4%
3 Month -3.3%
6 Month 1.4%
1 Year 30.7%
3 Year 13.9%
5 Year 11.4%
10 Year
15 Year
Since launch 16.8%

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
28 Feb 19₹10,000
29 Feb 20₹11,163
28 Feb 21₹13,100
28 Feb 22₹13,974
28 Feb 23₹14,879
29 Feb 24₹19,245
Aditya Birla Sun Life Banking And Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.16%
Equity97.84%
Other0%
Aditya Birla Sun Life Banking And Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services93.84%
Technology2.78%
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 - Regional17%₹525 Cr4,993,129
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | HDFCBANK
Banks - Regional15%₹440 Cr3,136,948
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
Banks - Regional6%₹183 Cr1,699,645
State Bank of India (Financial Services)
Equity, Since 31 Oct 17 | SBIN
Banks - Regional6%₹176 Cr2,351,492
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
Credit Services5%₹165 Cr253,725
Poonawalla Fincorp Ltd (Financial Services)
Equity, Since 31 May 21 | POONAWALLA
Credit Services4%₹113 Cr2,422,221
Shriram Finance Ltd (Financial Services)
Equity, Since 30 Jun 23 | SHRIRAMFIN
Credit Services4%₹112 Cr458,066
↑ 43,236
Repco Home Finance Ltd (Financial Services)
Equity, Since 31 Dec 13 | 535322
Mortgage Finance3%₹92 Cr2,095,955
Computer Age Management Services Ltd Ordinary Shares (Technology)
Equity, Since 31 Dec 23 | CAMS
Information Technology Services3%₹83 Cr270,899
The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | FEDERALBNK
Banks - Regional3%₹83 Cr5,510,858
↑ 1,035,180
1 - 10 of 41
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Dhaval Gala26 Aug 158.52 Yr.
Dhaval Joshi21 Nov 221.28 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
₹20.66
↓ -0.03
-5.75 %21.53 %10.86 %9.43 %
Aditya Birla Sun Life Banking And Financial Services Fund
Growth
₹49.17
↓ -0.08
1.4 %30.7 %13.88 %11.38 %
Data as on 18 Mar 24

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