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Home>Mutual Funds>Aditya Birla Sun Life Mutual Fund>Aditya Birla Sun Life Banking & Financial Services Fund Direct Growth

Aditya Birla Sun Life Banking & Financial Services Fund Direct Growth

Equity
Sectoral / Thematic
Very High Risk
15.79%
3Y annualised
-0.41% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jan 2022₹41.79
Min. SIP amount₹1,000
Rating3
Fund size₹2,102.53Cr

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns28.3%15.8%13.8%19.2%
Category average56.1%9.1%12.0%NA
Rank with in category366NA
Understand terms

Holdings (33)

NameSectorInstrumentAssets
FinancialEquity14.6%
FinancialEquity14.4%
FinancialEquity8.7%
FinancialEquity7.0%
FinancialEquity4.8%
FinancialEquity4.7%
FinancialEquity4.6%
FinancialEquity3.5%
FinancialEquity3.3%
FinancialEquity3.1%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 1.88 The fund has generated returns higher than benchmark - NIFTY Financial Services TRI - in the last 3Y
Lower expense ratio: 1.23%
1Y category rank: 3

Cons

1Y annualised returns lower than category average by 33.27%

Expense ratio, exit load and tax

Expense ratio: 1.23%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Dhaval Gala
Aug 2015 - Present
View details

Fund house & investment objective

Fund house contact details

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