Submit

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: 2.03% As on (30-04-2023)
Status: Open Ended Schemes
Minimum Investment: 1000.0
Minimum Topup: 1000.0
Total Assets: 2,524.46 Cr As on (30-04-2023)
Turn over: 19% | Exit Load: 1% for redemption within 30 days
NAV as on 01-06-2023

42.96

-0.05 (-0.1164%)

CAGR Since Inception

16.81%

Benchmark: 7.52%

PERFORMANCE

Returns Type:
of  : 
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  : 
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Submit
Submit
Submit

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

Standard Deviation 24.99
Sharpe Ratio 0.87
Alpha 0.29
Beta 0.96
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 21.63 9.36 30.52 8.89 -
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 26.1 9.69 24.63 10.66 -
LIC MF Banking And Financial Services Fund-Regular Plan-Growth 23-03-2015 25.85 11.04 24.83 8.47 -
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option 01-05-2003 24.78 14.35 36.19 9.64 14.1
Sundaram Financial Services Opportunities Fund Regular Plan - Growth 10-06-2008 24.78 11.54 28.4 11.81 13.43
HDFC Banking and Financial Services Fund - Growth Option 05-06-2021 23.46 - - - -
Taurus Banking & Financial Services Fund - Regular Plan - Growth 22-05-2012 23.32 10.64 26.08 11.34 12.15
Mirae Asset Banking and Financial Services Fund Regular Growth 05-12-2020 21.8 9.82 - - -
Invesco India Financial Services Fund - Retail Growth 14-07-2008 21.06 8.83 24.71 9.87 14.01
UTI Banking and Financial Services Fund - Regular Plan - Growth Option 01-08-2005 20.37 8.8 27.71 6.21 10.79

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

9.08%

Others

5.99%

Large Cap

69.04%

Mid Cap

15.91%

Scheme Documents

April 2023

Monthly Portfolio Disclosure - April 2023

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

Feedback
Notification