• Mutual Funds
  • Aditya Birla Sun Life Mutual Fund
  • Aditya Birla Sun Life Banking & Financial Services Fund (G)
Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Banking & Financial Services Fund (G)

EquitySectoral / Thematic - Bfsi

56.44

NAV (Oct 31)

13.647%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in sectoral / thematic - bfsi mutual funds.

Sectoral / Thematic - Bfsi funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Downside Protection Measure

Poor

The performance of the fund on a Downside Protection Measure metric has been Poor

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

56.44

NAV (Oct 31)

Fund Returns

Last 1Y
22.5%
Last 3Y
12%
Last 5Y
13.6%
Last 10Y
14.3%
Since Inception
17.2%
6 Month CAGR
5.9%

Scheme Information

Investment Objective

The scheme aims to maximize long term capital appreciation by investing primarily in equity & equity related securities of companies engaged in banking & financial services. The scheme would invest in banks as well as NBFC's, insurance companies, rating agencies, broking companies, etc.

Expense Ratio
1.96%
Launched 10Y ago
2013-12-14
AUM in Crores
3408
ISIN
INF209K011W7
Lock-in (days)
No Lock-in
Benchmark
NIFTY Financial Services Total Return Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
15.7
Beta
0.9
Sharpe Ratio
0.6
YTM
-
Fund Managers

Dhaval Gala

Fund Manager

Dhaval Joshi

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Aditya Birla Sun Life Banking & Financial Services Fund (G)70%10,27,462 2,94,85013.6%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-08-06

Top Stock Holdings

ICICI Bank Ltd.

18.63%
18.632%

HDFC Bank Ltd.

16.56%
16.56%

Axis Bank Ltd.

6.9%
6.902%

State Bank of India

6.3%
6.301%

Bajaj Finance Ltd.

4.89%
4.887%
See all holdings

Allocation by Sector

Financial

90.01%
90.014067%

Insurance

4.78%
4.776928%

Services

3.27%
3.269179%
See all sectors

Comparison with Equity Funds

Fund NameFund Size
mirae-asset-global
Mirae Asset ELSS Tax Saver Fund (G)

₹ 26,417 cr

₹ 24,508 cr

₹ 66,206 cr

₹ 17,770 cr

₹ 51,197 cr

amc-img

About the AMC

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Asset Management Company Limited is a joint venture between the Aditya Birla Group of India and Sun Life Financial Inc. of Canada. It was founded in 1994 and operates in about 40 countries with more than 120,000 employees worldwide.amc-img
Fund NameScripbox Opinion
Till Date CAGR

6.4%

7.4%

5.5%

5.3%

6.5%

7.4%

6.5%

7.9%

5.8%

7.2%

Aditya Birla Sun Life Banking & Financial Services Fund (G) Review

Aditya Birla Sun Life Banking & Financial Services Fund (G) is a Sectoral / Thematic - Bfsi Equity fund and has delivered an annualised return of 17.23% over 10 years. The fund has grown over a period of 10 years. The fund is managed by Aditya Birla Sun Life Mutual Fund. The fund managers are Dhaval Gala, Dhaval Joshi.

Nav of Aditya Birla Sun Life Banking & Financial Services Fund (G) as of 10/31/2024 is ₹56.44 with the total AUM as of 11/3/2024 is ₹3408.02. With Scripbox you can compare and check the latest nav for all mutual funds in India. Aditya Birla Sun Life Banking & Financial Services Fund (G) was launched on 2013-12-14. The category risk of the fund is Very High.

The minimum SIP amount for Aditya Birla Sun Life Banking & Financial Services Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Aditya Birla Sun Life Banking & Financial Services Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Financial Services Total Return Index.

Scripbox has rated it 3 stars, indicating it's a neutral fund in the Equity category and delivered 22.51% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Aditya Birla Sun Life Banking & Financial Services Fund (G).

Frequently Asked Questions

What is Aditya Birla Sun Life Banking & Financial Services Fund (G)?

It is a Sectoral / Thematic - Bfsi Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Aditya Birla Sun Life Banking & Financial Services Fund (G)?

You can invest in Aditya Birla Sun Life Banking & Financial Services Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Aditya Birla Sun Life Banking & Financial Services Fund (G)?

The minimum sip amount for Aditya Birla Sun Life Banking & Financial Services Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Aditya Birla Sun Life Banking & Financial Services Fund (G) good to invest in?

According to Scripbox opinion, it is a 3-star fund. You can invest in this fund if its investment objective and risk level align with your goals and risk preferences.

What is the expense ratio of the Aditya Birla Sun Life Banking & Financial Services Fund (G)?

The expense ratio of the Aditya Birla Sun Life Banking & Financial Services Fund (G) is 1.96% for regular plan.

What is the NAV of Aditya Birla Sun Life Banking & Financial Services Fund (G)?

Today's Aditya Birla Sun Life Banking & Financial Services Fund (G) NAV is ₹56.44.