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

Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 05-12-2013
Asset Class: Equity
Benchmark: Nifty Financial Services TRI
Expense Ratio: 2.15% As on (29-02-2020)
Status: Open Ended Schemes
Minimum Investment: 1000.0
Minimum Topup: 1000.0
Total Assets: 1,859.13 Cr As on (29-02-2020)
Turn over: 99% | Exit Load: 1% for redemption within 365 days

18.52

10.47%

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 -36.47 -17.88 -7.59 1.67 -
ADITYA BIRLA SUN LIFE BANKING ETF 10-10-2019 - - - - -
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 -23.14 -8.25 -1.06 - -
Sundaram Financial Services Opportunities Fund Reg Growth 10-06-2008 -24.2 -9.67 -4.04 1.22 6.3
Taurus Banking & Financial Services Fund - Regular Plan - Growth Option 22-05-2012 -25.21 -7.75 -0.93 1.53 -
Invesco India Financial Services Fund - Retail Growth 14-07-2008 -26.5 -10.63 -1.37 3.45 9.22
SBI Banking and Financial Services Fund - Regular Plan - Growth 05-02-2015 -26.6 -8.37 0.39 6.1 -
Baroda Banking and Financial Services Fund - Plan A - Growth Option 22-06-2012 -27.41 -10.13 -4.39 0.5 -
LIC MF Banking And Financial Services Fund-Regular Plan-Growth 23-03-2015 -29.91 -16.02 -11.33 -5.08 -
IDBI Banking & Financial Services Fund - Regular Plan (Growth) 28-05-2018 -31.63 - - - -

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

8.28%

Others

2.42%

Large Cap

78.56%

Mid Cap

10.76%

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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