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Aditya Birla Sun Life Banking & Financial Services Fund Direct Dividend-0.72%

4.89%
1 Year Return
Equity
Sectoral/Thematic
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Aditya Birla Sun Life Banking & Financial Services Fund Direct Dividend

RiskHigh
Min SIP Amount₹1000
Expense Ratio1.19%
NAV₹22.49 (21 Jan 2021)
Fund Started14 Dec 2013
Fund Size1,956 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.9%
4.8%
18.0%
19.3%
Category Average
0.9%
2.2%
13.9%
-
Rank Within Category
7
7
6
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.9% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
Cons
1. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
ICICI Bank Ltd.FinancialEquity15.1%
Kotak Mahindra Bank Ltd.FinancialEquity11.2%
HDFC Bank Ltd.FinancialEquity10.4%
Bajaj Finance Ltd.FinancialEquity7.5%
ICICI Lombard General Insurance Company Ltd.FinancialEquity6.1%
Bajaj Finserv Ltd.FinancialEquity5.7%
Axis Bank Ltd.FinancialEquity5.7%
Bandhan Bank Ltd.FinancialEquity4.9%
State Bank of IndiaFinancialEquity4.5%
HDFC Life Insurance Co Ltd.FinancialEquity3.2%
See All

Fund Managers

Satyabrata Mohanty
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Dhaval Gala
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Aditya Birla Sun Life Banking & Financial Services Fund Direct Dividend Details

Aditya Birla Sun Life Banking & Financial Services Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 14 Dec 2013. Satyabrata Mohanty, Dhaval Gala is the Current Fund Manager of Aditya Birla Sun Life Banking & Financial Services Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,956 Cr and the Latest NAV as of 21 Jan 2021 is ₹22.49.

The Aditya Birla Sun Life Banking & Financial Services Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 30 days.

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.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Scheme Information Document(SID)

₹1000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 30 days.
Exit Load

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About Aditya Birla Sun Life Mutual Fund

Address
One India Bulls Centre ,Tower 1, 17th Flr, Jupiter Mill Compound,841,S.B. Marg,Elphinstone Road Mumbai 400 013
Phone
022 43568000
Launch Date
23 Dec 1994
Aditya Birla Sun Life Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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