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Fund Overview

Fund Size

Fund Size

₹2,990 Cr

Expense Ratio

Expense Ratio

1.99%

ISIN

ISIN

INF209K011W7

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

14 Dec 2013

About this fund

Aditya Birla Sun Life Banking & Financial Services Fund Regular Growth is a Sector - Financial Services mutual fund schemes offered by Aditya Birla SL Mutual Fund. This fund has been in existence for 10 years, 4 months and 1 days, having been launched on 14-Dec-13.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹52.03, Assets Under Management (AUM) of 2989.64 Crores, and an expense ratio of 1.99%.
  • Aditya Birla Sun Life Banking & Financial Services Fund Regular Growth has given a CAGR return of 17.32% since inception.
  • The fund's asset allocation comprises around 98.57% in equities, 0.00% in debts, and 1.43% in cash & cash equivalents.
  • You can start investing in Aditya Birla Sun Life Banking & Financial Services Fund Regular 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

+32.02%

+26.72%(Cat. Avg.)

3 Years

+19.38%

+20.31%(Cat. Avg.)

5 Years

+12.37%

+12.63%(Cat. Avg.)

10 Years

+16.42%

+13.96%(Cat. Avg.)

Since Inception

+17.32%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity2,946.77 Cr98.57%
Others42.87 Cr1.43%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity545.9 Cr18.26%
HDFC Bank LtdEquity497.64 Cr16.65%
Bajaj Finance LtdEquity183.83 Cr6.15%
Axis Bank LtdEquity177.99 Cr5.95%
State Bank of IndiaEquity176.91 Cr5.92%
Poonawalla Fincorp LtdEquity112.78 Cr3.77%
Shriram Finance LtdEquity108.09 Cr3.62%
Bank of IndiaEquity85.7 Cr2.87%
Repco Home Finance LtdEquity83.98 Cr2.81%
The Federal Bank LtdEquity82.77 Cr2.77%
Bank of BarodaEquity80.32 Cr2.69%
Computer Age Management Services Ltd Ordinary SharesEquity78.98 Cr2.64%
Cholamandalam Financial Holdings LtdEquity74.25 Cr2.48%
LIC Housing Finance LtdEquity69.03 Cr2.31%
AU Small Finance Bank LtdEquity67.62 Cr2.26%
ICICI Lombard General Insurance Co LtdEquity51.53 Cr1.72%
RBL Bank LtdEquity51.18 Cr1.71%
Kotak Mahindra Bank LtdEquity48.2 Cr1.61%
SBI Life Insurance Company LimitedEquity48.2 Cr1.61%
Central Depository Services (India) LtdEquity38.33 Cr1.28%
Manappuram Finance LtdEquity37.93 Cr1.27%
SBFC Finance LtdEquity36.95 Cr1.24%
Clearing Corporation Of India LimitedCash - Repurchase Agreement36.32 Cr1.21%
Fusion Micro Finance LtdEquity34.47 Cr1.15%
Mahindra & Mahindra Financial Services LtdEquity30.69 Cr1.03%
Max Financial Services LtdEquity25.06 Cr0.84%
IndusInd Bank LtdEquity22.75 Cr0.76%
Utkarsh Small Finance Bank LtdEquity22.62 Cr0.76%
Home First Finance Co India Ltd ---Equity16.48 Cr0.55%
Bandhan Bank LtdEquity14.6 Cr0.49%
Aditya BSL Liquid Dir GrMutual Fund - Open End13.09 Cr0.44%
HDFC Life Insurance Company LimitedEquity12.84 Cr0.43%
Cholamandalam Investment and Finance Co LtdEquity10.78 Cr0.36%
Ujjivan Financial Services LimitedEquity8.31 Cr0.28%
Net Receivables / (Payables)Cash-6.55 Cr0.22%
Jammu & Kashmir Bank LtdEquity6.24 Cr0.21%
One97 Communications LtdEquity3.82 Cr0.13%

Allocation By Market Cap (Equity)

Large Cap Stocks

62.11%

Mid Cap Stocks

21.31%

Small Cap Stocks

14.87%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services2,855.65 Cr95.52%
Technology82.81 Cr2.77%

Risk & Performance Ratios

Standard Deviation

This fund

15.45%

Cat. avg.

17.06%

Lower the better

Sharpe Ratio

This fund

0.64

Cat. avg.

0.60

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.10

Higher the better

Fund Managers

Dhaval Gala

Dhaval Gala

Since August 2015

Dhaval Joshi

Dhaval Joshi

Since November 2022

Additional Scheme Detailsas of 31st March 2024

ISININF209K011W7Expense Ratio1.99%Exit Load1.00%Fund Size₹2,990 CrAge14 Dec 2013Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Financial Services TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹8.33 Cr16.0%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2653.66 Cr92.2%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1427.63 Cr92.3%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2310.71 Cr17.6%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹192.06 Cr17.6%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.8%1.0%₹7489.91 Cr25.1%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.3%1.0%₹1031.88 Cr28.0%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5307.29 Cr34.2%

About the AMC

Total AUM

₹3,34,896 Cr

Address

One World Centre, Tower 1, 17th Floor, Mumbai, 400 013

Other Funds by Aditya Birla SL Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Aditya Birla Sun Life Fixed Maturity Plan-Series US (100 days) Direct Growth

Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Maturity Plan-Series UR (85 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Crisil IBX Gilt April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹99.56 Cr-
Aditya Birla Sun Life Fixed Maturity Plan-Series UQ (92 days) Direct Growth

Moderate Risk

-0.0%--
Aditya Birla Sun Life Transportation and Logistics Fund Direct Growth

Very High Risk

0.4%1.0%₹1095.89 Cr-
Aditya Birla Sun Life US Treasury 1-3 year Bond ETFs Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹78.33 Cr-
Aditya Birla Sun Life US Treasury 3-10 Year Bond ETFs Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹250.08 Cr-
Aditya Birla Sun Life Fixed Term Plan - Series SY (1259 days) Direct Growth

Low to Moderate Risk

----
Aditya Birla Sun Life Fixed Term Plan Series SP Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan - Series TV (1169 Days) Direct Growth

Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan Series SC(1170 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan Series SM Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series TN Direct Growth

Low to Moderate Risk

----
Aditya Birla Sun Life Fixed Term Plan - Series TL (1839 days) Direct Growth

Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan Series RM (91 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan Series SE(1163 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan - Series TM (1842 days) Direct Growth

Moderate Risk

----
Aditya Birla Sun Life Fixed Term Plan - Series TP (1923 Days) Direct Growth

Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan - Series TK (1833 days) Direct Growth

Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan Series RG(1283 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan Series SD(1168 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series TO (1214 days) Direct Growth

Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan - Series TE (1095 days) Direct Growth

Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan - Series TF (1098 days) Direct Growth

Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan SeriesSH (1146 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Interval Income Fund Quarterly Series I Direct Growth

Moderate Risk

-0.0%₹268.74 Cr7.4%
Aditya BSL Fixed Term Plan Series RZ(1187 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan Series SB(1174 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series TC (1119 days) Direct Growth

Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series UB (1224 Days) Direct Growth

Low to Moderate Risk

-0.0%-6.9%
Aditya Birla Sun Life Fixed Term Plan - Series TJ (1838 days) Direct Growth

Low to Moderate Risk

-0.0%₹23.66 Cr6.8%
Aditya Birla Sun Life Fixed Term Plan Series TI (1837 days) Direct Growth

Low to Moderate Risk

-0.0%₹287.82 Cr7.0%
Aditya Birla Sun Life Fixed Term Plan - Series TG (1099 days) Direct Growth

Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series TW (167 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series UC (95 days) Direct Growth

Low to Moderate Risk

----
Aditya Birla Sun Life Fixed Term Plan Series UF (180 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan Series RT (1223 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series SX Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan - Series TD (1100 days) Direct Growth

Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan Series TQ (1879 days) Direct Growth

Low to Moderate Risk

-0.0%₹199.62 Cr6.9%
Aditya Birla Sun Life Fixed Term Plan Series TH (1098 days) Direct Growth

Moderate Risk

-0.0%--
Aditya BSL Fixed Term Plan Series RS (1232 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series TU (1789 days) Direct Growth

Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series UD (79 days) Direct Growth

Low to Moderate Risk

----
Aditya Birla Sun Life Fixed Term Plan - Series UJ (1110 days) Direct Growth

Low to Moderate Risk

-0.0%-7.0%
Aditya Birla Sun Life Fixed Term Plan - Series UA (1231 days) Direct Growth

Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series SW Direct Growth

Low to Moderate Risk

----
Aditya BSL Fixed Term Plan Series QZ(1100 days) Direct Growth

Low to Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series UE (1275 days) Direct Growth

Moderate Risk

-0.0%--
Aditya Birla Sun Life Fixed Term Plan Series TB (1125 days) Direct Growth

Moderate Risk

-0.0%--

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Aditya Birla Sun Life Banking & Financial Services Fund Regular Growth, as of 12-Apr-2024, is ₹52.03.
The fund has generated 32.02% over the last 1 year and 19.38% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 98.57% in equities, 0.00% in bonds, and 1.43% in cash and cash equivalents.
The fund managers responsible for Aditya Birla Sun Life Banking & Financial Services Fund Regular Growth are:-
  1. Dhaval Gala
  2. Dhaval Joshi