Aditya Birla Sun Life Banking & Financial Services Fund Growth
Equity
Sectoral
Very High Risk
+15.86%
3Y annualised
-1.04% 1D
1M
6M
1Y
3Y
5Y
All
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
Name
3Y
5Y
10Y
All
Fund returns
+15.9%
+14.4%
+14.9%
+16.6%
Category average (Equity Sectoral)
+14.4%
+16.1%
+13.7%
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Rank (Equity Sectoral)
11
11
7
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Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Exit Load
17 Nov 2020
Exit load of 1% if redeemed within 30 days.
25 May 2015
Exit load of 1% if redeemed within 365 days.
25 Nov 2013
Exit load of 2% if redeemed within 365 days and 1% if redeemed after 365 days but within 730 days.
Exit load, stamp duty and tax
Exit load
Exit load of 1% if redeemed within 30 days.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
Fund management
DG
Dhaval Gala
Aug 2015 - Present
View details
Education
Mr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).
About Aditya Birla Sun Life Banking & Financial Services Fund Growth
Aditya Birla Sun Life Banking & Financial Services Fund Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 23 Dec 1994. Dhaval Gala is the Current Fund Manager of Aditya Birla Sun Life Banking & Financial Services Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,47,582 Cr and the Latest NAV as of 09 Jan 2026 is ₹64.06.
The Aditya Birla Sun Life Banking & Financial Services Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Exit load of 1% if redeemed within 30 days.
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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.
Fund benchmarkNIFTY Financial Services Total Return Index