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: 01-12-2013
Asset Class: Equity
Benchmark: Nifty Financial Services TRI
Expense Ratio: 2.21% As on (30-06-2022)
Status: Open Ended Schemes
Minimum Investment: 1000.0
Minimum Topup: 1000.0
Total Assets: 2,003.96 Cr As on (30-06-2022)
Turn over: 40% | Exit Load: 1% for redemption within 30 days

37.78

16.79%

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
7 Years 10 Months
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 0.16
Alpha -0.22
Beta 0.99
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 01-12-2013 1.15 29.61 11.29 6.67 -
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option 01-05-2003 6.19 37.59 11.98 6.92 14.23
LIC MF Banking And Financial Services Fund-Regular Plan-Growth 23-03-2015 6.06 26.8 9.6 3.76 -
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 4.55 25.38 9.3 7.35 11.47
Sundaram Financial Services Opportunities Fund Regular Plan - Growth 10-06-2008 4.05 29.03 13.15 9.23 13.11
Mirae Asset Banking and Financial Services Fund Regular Growth 01-12-2020 3.91 - - - -
Taurus Banking & Financial Services Fund - Regular Plan - Growth 22-05-2012 3.87 25.7 11.36 9.49 11.94
UTI Banking and Financial Services Fund - Regular Plan - Growth Option 01-08-2005 3.51 29.31 8.52 4.28 11.2
IDBI Banking & Financial Services Fund - Regular Plan (Growth) 28-05-2018 2.86 25.33 9.63 - -
HDFC Banking and Financial Services Fund - Growth Option 05-06-2021 2.24 - - - -

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

11.75%

Others

6.64%

Large Cap

70.13%

Mid Cap

11.5%

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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