Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth

Fund House: Aditya Birla Sun Life Mutual Fund
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 05-12-2013
Asset Class: Equity
Benchmark: Nifty Financial Services TRI
Expense Ratio: 2.48% As on (31-05-2020)
Status: Open Ended Schemes
Minimum Investment: 1000.0
Minimum Topup: 1000.0
Total Assets: 1,234.3 Cr As on (31-05-2020)
Turn over: 116% | Exit Load: 1% for redemption within 365 days

22.78

13.58%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
Nifty Financial Services TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
2 Years 7 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

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 companie, etc.

Current Asset Allocation (%)

Indicators

Volatility 19.94
Sharp Ratio 0.88
Alpha -9.11
Beta 1.03
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth 05-12-2013 -22.94 -9.35 -3.77 6.03 -
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 -13.32 -2.55 1.29 - -
Sundaram Financial Services Opportunities Fund Reg Growth 10-06-2008 -15.03 -2.17 -0.32 5.1 7.69
Invesco India Financial Services Fund - Retail Growth 14-07-2008 -15.43 -2.72 0.39 7.14 10.73
Taurus Banking & Financial Services Fund - Regular Plan - Growth Option 22-05-2012 -16.43 -2.09 1.61 5.06 -
SBI Banking and Financial Services Fund - Regular Plan - Growth 05-02-2015 -16.64 -0.65 3.61 9.89 -
IDBI Banking & Financial Services Fund - Regular Plan (Growth) 28-05-2018 -18.74 -7.03 - - -
Baroda Banking and Financial Services Fund - Plan A - Growth Option 22-06-2012 -20.46 -4.74 -1.14 3.61 -
LIC MF Banking And Financial Services Fund-Regular Plan-Growth 23-03-2015 -20.74 -7.31 -7.86 -1.65 -
ICICI Prudential Banking and Financial Services Fund - Growth 01-08-2008 -25.38 -6.86 -4.27 5.71 12.03

Scheme Characteristics

Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

7.12%

Others

6.18%

Large Cap

79.96%

Mid Cap

6.75%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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