Aditya Birla Sun Life Banking & Financial Services Fund Direct Growth

Equity
Sectoral
Very High Risk
21.93%
3Y annualised
-0.40% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 11 Jul 2025₹69.35
Min. SIP amount₹100
Rating2
Fund size₹3,624.56Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (39)

NameSectorInstrumentAssets
FinancialEquity19.92%
FinancialEquity18.43%
FinancialEquity7.62%
FinancialEquity5.52%
FinancialEquity5.32%
FinancialEquity3.99%
FinancialEquity3.26%
InsuranceEquity3.18%
FinancialEquity2.81%
FinancialEquity2.63%
FinancialEquity2.61%
InsuranceEquity2.25%
FinancialEquity1.50%
FinancialEquity1.45%
FinancialEquity1.39%
FinancialEquity1.27%
ServicesEquity1.24%
FinancialEquity1.23%
FinancialEquity1.23%
FinancialEquity1.19%
FinancialEquity1.15%
FinancialEquity1.13%
FinancialEquity0.96%
FinancialEquity0.90%
FinancialEquity0.88%
FinancialEquity0.87%
FinancialEquity0.70%
FinancialEquity0.64%
FinancialEquity0.45%
InsuranceEquity0.43%
Aditya Birla Sun Life Liquid Fund Direct-Growth
NAMutual Fund0.39%
FinancialEquity0.34%
FinancialEquity0.33%
FinancialEquity0.32%
FinancialEquity0.27%
InsuranceEquity0.20%
FinancialPPE0.19%
FinancialEquity0.12%
FinancialEquity0.11%
See All

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Returns and rankings

Category: Equity Sectoral
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns10.8%21.9%23.3%18.2%
Category average9.2%20.4%22.6%NA
Rank with in category19105NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 1.06%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Fund management

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).
Also manages these schemes

Dhaval Joshi
Nov 2022 - Present
View details

Education
Mr. Joshi has done B.Com, M.Com. and MBA (Finance)
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he was associated with Sundaram Mutual Fund, Emkay Global Financial Services and Asit C Mehta Investment Intermediates Ltd..
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One World Center, Tower 1, 17th Floor, Jupiter Mill CompoundSenapati Bapat Marg, Elphinstone Road Mumbai 400013
Phone
NA
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,

Pros and cons

Category: Equity Sectoral

Pros

Lower expense ratio: 1.06%
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 1.68 The fund has generated returns higher than benchmark - NIFTY Financial Services Total Return Index - in the last 3Y

Cons

Low rating: 2

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