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Aditya Birla Sun Life Banking And Financial Services Fund

Aditya Birla Sun Life Banking And Financial Services Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

18.02

as on 08 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 16,440 today.

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NAV Performance

Aditya Birla Sun Life Banking And Financial Services Fund performance graph for last 3 years
Performance of Aditya Birla Sun Life Banking And Financial Services Fund for last 3 Years

Fund Information

  • ₹ 50.060

    as on 08 Dec 2023
  • Regular - Growth

  • -

  • ₹ 1,000

  • ₹ 2,524 Cr.

    as on 31 May 2023
  • 1.81%

  • 14 Dec 2013

  • Equity - Sectoral/Thematic

  • Nifty Financial Services TRI

  • Aditya Birla Sun Life Mutual Fund

    Show All Funds
  • Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth charges 1.0% of sell value; if fund sold before 30 days. There are no other charges.

Highlights of this fund

Aditya Birla Sun Life Banking And Financial Services Fund is an Open-ended Equity Fund. The fund belongs to Sectoral/Thematic category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 14 Dec 2013. This fund is offered by one of the top AMC (Assets Management Company) Aditya Birla Sun Life Mutual Fund. You can also view here all other Equity funds offered by Aditya Birla Sun Life Mutual Fund.

Latest NAV of the fund is ₹ 50.060 as on 08 Dec 2023.

This fund has 9 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.81%. Ideally you shoulds compare this fund with the benchmark Nifty Financial Services TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 1,000.

Fund Objective

The primary investment objective of the Scheme is 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.

List of Fund Managers of Aditya Birla Sun Life Banking And Financial Services Fund

  • About Vinod Bhat

    Picture of Vinod BhatVinod is a CFA (USA) and has done his MBA in Finance from Wharton University of Pennsylvania (USA). He is an M.S. in Industrial Engineering from Pennsylvania State University (USA) and holds a B.Tech degree in Mechanical Engineering from IIT Bombay. Prior to joining ABSLAMC, he was the Vice President - Corporate Strategy and Business Development with Aditya Birla Management Corporation Pvt. Ltd. He had also worked with Ocean Park Advisors (USA) as a Senior Associate- Investment Banking. He was also part of Credit Suisse (USA) as an Associate - Investment Banking.
  • About Dhaval Gala

    Picture of Dhaval GalaDhaval M. Gala is a Fund Manager and Senior Analyst with Aditya Birla Sun Life AMC Limited (ABSLAMC). He has an overall experience of 13 years in the equity and capital market space. Dhaval joined ABSLAMC in February 2011 as a part of the Equity Fund Management and Analyst team. He specializes in the Banking and Financial Services sector. Prior to joining ABSLAMC, Dhaval worked with B&K Securities Limited and J P Morgan Chase India Private Limited.Dhaval holds an MBA in Finance from N L Dalmia Institute of Management and Research, Mumbai.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 15.76% 16.34% 40.08% 45.70% 38.01% 40.11% 30.17% 22.53% 73.02% 47.52% 38.71% 35.59% 22.83%
Category Average 7.28% 7.02% 19.85% 24.12% 15.22% 22.49% 17.92% 16.09% 38.78% 25.39% 20.87% 22.04% 16.02%
Aditya Birla Sun Life Banking And Financial Services Fund 6.13%₹ 10,612 4.93%₹ 10,492 15.03%₹ 11,502 18.54%₹ 11,854 30.27%₹ 13,885 12.92%₹ 12,750 22.86%₹ 29,947 18.02%₹ 16,440 17.91%₹ 46,876 13.90%₹ 19,180 14.83%₹ 2,60,653 - -
ICICI Prudential Infrastructure Fund 10.49%₹ 11,048 10.24%₹ 11,024 26.46%₹ 12,645 36.80%₹ 13,679 52.04%₹ 15,162 32.52%₹ 17,561 40.21%₹ 34,771 40.11%₹ 27,505 36.30%₹ 60,125 24.62%₹ 30,094 33.06%₹ 1,34,823 18.21%₹ 53,381 19.77%₹ 3,40,266
Quant Infrastructure Fund 11.14%₹ 11,113 11.91%₹ 11,191 28.13%₹ 12,813 20.26%₹ 12,026 46.83%₹ 14,861 18.28%₹ 13,990 28.52%₹ 31,491 39.56%₹ 27,183 29.51%₹ 54,977 30.17%₹ 37,424 35.59%₹ 1,43,035 21.16%₹ 68,323 22.83%₹ 4,01,479
HDFC Infrastructure Fund 10.34%₹ 11,033 11.17%₹ 11,116 37.66%₹ 13,765 45.70%₹ 14,570 71.26%₹ 16,246 32.37%₹ 17,521 47.33%₹ 36,828 39.01%₹ 26,860 38.61%₹ 61,948 19.12%₹ 24,011 30.64%₹ 1,27,366 14.49%₹ 38,759 15.22%₹ 2,66,201
Aditya Birla Sun Life PSU Equity Fund 15.76%₹ 11,575 16.34%₹ 11,634 40.08%₹ 14,007 43.01%₹ 14,301 73.02%₹ 16,343 35.12%₹ 18,258 47.52%₹ 36,883 38.03%₹ 26,295 38.71%₹ 62,027 - - - -
DSP India T.I.G.E.R. Fund 11.41%₹ 11,141 7.38%₹ 10,737 28.98%₹ 12,898 39.05%₹ 13,905 56.04%₹ 15,390 26.92%₹ 16,108 38.97%₹ 34,418 36.17%₹ 25,247 33.18%₹ 57,727 22.77%₹ 27,917 30.16%₹ 1,25,918 18.72%₹ 55,708 18.94%₹ 3,25,239

Portfolio Holdings

Portfolio holdings pattern of Aditya Birla Sun Life Banking And Financial Services Fund as on 10 Dec 2023 are listed below:

  • Equity Holdings:

    93.72%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    6.25%

Top Sector Holdings of Aditya Birla Sun Life Banking And Financial Services Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 59.83% ₹ 1,578.49 Cr.
NBFC 15.66% ₹ 413.17 Cr.
Housing Finance 6.95% ₹ 183.61 Cr.
Insurance 6.27% ₹ 165.47 Cr.
Other Financial Services 2.82% ₹ 74.66 Cr.
Others 8.47% -

Top Stock Holdings of Aditya Birla Sun Life Banking And Financial Services Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 16.24% ₹ 428.63 Cr.
HDFC Bank Ltd. 10.21% ₹ 269.39 Cr.
Axis Bank Ltd. 8.18% ₹ 215.88 Cr.
State Bank Of India 6.93% ₹ 182.74 Cr.
Bajaj Finance Ltd. 5.55% ₹ 146.52 Cr.
Others 52.89% -

Other Holdings

Holding TypeHolding Percentage
MF Units 2.48%
Warrants 1.49%
TREPS 1.43%
Net Receivables 0.86%
Cash and Bank 0.00%