Aditya Birla Sun Life Banking & Financial Services Fund Direct Growth
EquitySector - Financial ServicesVery High Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹3,264 Cr
Expense Ratio
1.08%
ISIN
INF209K014W1
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
14 Dec 2013
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹60.59, Assets Under Management (AUM) of 3263.64 Crores, and an expense ratio of 1.08%.
- Aditya Birla Sun Life Banking & Financial Services Fund Direct Growth has given a CAGR return of 17.91% since inception.
- The fund's asset allocation comprises around 97.62% in equities, 0.00% in debts, and 2.38% in cash & cash equivalents.
- You can start investing in Aditya Birla Sun Life Banking & Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+16.54%
+16.56% (Cat Avg.)
3 Years
+11.88%
+13.37% (Cat Avg.)
5 Years
+13.34%
+12.64% (Cat Avg.)
10 Years
+14.42%
+11.20% (Cat Avg.)
Since Inception
+17.91%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹3,185.96 Cr | 97.62% |
| Others | ₹77.68 Cr | 2.38% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹645.24 Cr | 19.77% |
| HDFC Bank Ltd | Equity | ₹579.19 Cr | 17.75% |
| Axis Bank Ltd | Equity | ₹223.46 Cr | 6.85% |
| State Bank of India | Equity | ₹192.87 Cr | 5.91% |
| Bajaj Finance Ltd | Equity | ₹161.03 Cr | 4.93% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹114.58 Cr | 3.51% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹112.29 Cr | 3.44% |
| Shriram Finance Ltd | Equity | ₹106.07 Cr | 3.25% |
| Repco Home Finance Ltd | Equity | ₹98.59 Cr | 3.02% |
| AU Small Finance Bank Ltd | Equity | ₹88.61 Cr | 2.72% |
| Kotak Mahindra Bank Ltd | Equity | ₹81.36 Cr | 2.49% |
| Central Depository Services (India) Ltd | Equity | ₹69.23 Cr | 2.12% |
| Bank of India | Equity | ₹62.79 Cr | 1.92% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹58.66 Cr | 1.80% |
| Bank of Baroda | Equity | ₹58.15 Cr | 1.78% |
| Clearing Corporation Of India Limited | Cash - Repurchase Agreement | ₹52.72 Cr | 1.62% |
| SBI Life Insurance Co Ltd | Equity | ₹52.11 Cr | 1.60% |
| The Federal Bank Ltd | Equity | ₹51.2 Cr | 1.57% |
| LIC Housing Finance Ltd | Equity | ₹50.48 Cr | 1.55% |
| IndusInd Bank Ltd | Equity | ₹41.95 Cr | 1.29% |
| SBFC Finance Ltd | Equity | ₹39.15 Cr | 1.20% |
| RBL Bank Ltd | Equity | ₹36.15 Cr | 1.11% |
| Poonawalla Fincorp Ltd | Equity | ₹34.54 Cr | 1.06% |
| PNB Housing Finance Ltd | Equity | ₹34.29 Cr | 1.05% |
| Max Financial Services Ltd | Equity | ₹32.08 Cr | 0.98% |
| Bajaj Housing Finance Ltd | Equity | ₹30.01 Cr | 0.92% |
| Utkarsh Small Finance Bank Ltd | Equity | ₹22.35 Cr | 0.68% |
| MAS Financial Services Ltd Ordinary Shares | Equity | ₹19.51 Cr | 0.60% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹18.67 Cr | 0.57% |
| Fusion Finance Ltd | Equity | ₹16.21 Cr | 0.50% |
| Bandhan Bank Ltd | Equity | ₹14.67 Cr | 0.45% |
| Aditya BSL Liquid Dir Gr | Mutual Fund - Open End | ₹13.65 Cr | 0.42% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹13.52 Cr | 0.41% |
| Net Receivables / (Payables) | Cash | ₹11.3 Cr | 0.35% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹10.77 Cr | 0.33% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹9.55 Cr | 0.29% |
| Jammu & Kashmir Bank Ltd | Equity | ₹3.93 Cr | 0.12% |
| Home First Finance Co India Ltd --- | Equity | ₹2.74 Cr | 0.08% |
Allocation By Market Cap (Equity)
Large Cap Stocks
65.91%
Mid Cap Stocks
12.61%
Small Cap Stocks
18.18%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹3,073.67 Cr | 94.18% |
| Technology | ₹112.29 Cr | 3.44% |
Risk & Performance Ratios
Standard Deviation
This fund
16.01%
Cat. avg.
16.63%
Lower the better
Sharpe Ratio
This fund
0.48
Cat. avg.
0.45
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.79
Higher the better
Fund Managers
Dhaval Gala
Since August 2015
Dhaval Joshi
Since November 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF209K014W1 | Expense Ratio 1.08% | Exit Load 1.00% | Fund Size ₹3,264 Cr | Age 10 years 11 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Financial Services TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹10.92 Cr | 9.7% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2481.67 Cr | 25.4% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1396.39 Cr | 25.4% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2818.24 Cr | 16.1% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹239.75 Cr | 16.0% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹8850.47 Cr | 19.2% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1159.45 Cr | 20.8% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6237.85 Cr | 18.9% |
About the AMC
Aditya Birla SL Mutual Fund
Total AUM
₹3,93,523 Cr
Address
One World Centre, Tower 1, 17th Floor, Mumbai, 400 013
Other Funds by Aditya Birla SL Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Who manages the Aditya Birla Sun Life Banking & Financial Services Fund Direct Growth?
- Dhaval Gala
- Dhaval Joshi
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