Aditya Birla Sun Life Banking & Financial Services Fund Regular Dividend+2.55%

3
-24.38%
1 Year Return
Equity
Sectoral/Thematic
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Aditya Birla Sun Life Banking & Financial Services Fund Regular Dividend

RiskHigh
Min SIP Amount₹1000
Expense Ratio2.36%
NAV11.72 (25 Sep 2020)
Fund Started14 Dec 2013
Fund Size1,573 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Aditya Birla Sun Life Banking & Financial Services Fund Regular Dividend
-24.4%
-7.3%
6.2%
12.1%
Category Average
-13.6%
-4.6%
3.7%
-
Rank within category
8
12
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -24.4% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. Higher expense ratio
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity14.0%
    Kotak Mahindra Bank Ltd.FinancialEquity10.2%
    HDFC Bank Ltd.FinancialEquity10.1%
    Axis Bank Ltd.FinancialEquity8.2%
    Bajaj Finance Ltd.FinancialEquity8.1%
    ICICI Lombard General Insurance Company Ltd.FinancialEquity6.5%
    Bajaj Finserv Ltd.FinancialEquity4.9%
    Bandhan Bank Ltd.FinancialEquity4.7%
    HDFC Life Insurance Co Ltd.FinancialEquity3.2%
    State Bank of IndiaFinancialEquity3.1%
    See All

    Fund Managers

    addSatyabrata Mohanty
    Education
    Mr. Mohanty is a B.Com (H), Chartered Accountant and CFA.
    Experience
    He has been part of Birla group since last 17 years. He has over 12 years of experience in Finance and Research. He has handled responsibilities across Fund Management (Equity & Debt), Trading and Credit Research functions. Prior to joining BSLAMC, he has worked with Aditya Birla Management Corporation Ltd & joined ABG as a management Trainee.
    Funds Managed
    addDhaval Gala

    Aditya Birla Sun Life Banking & Financial Services Fund Regular Dividend Details

    Aditya Birla Sun Life Banking & Financial Services Fund Regular 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 Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,573 Cr and the Latest NAV as of 25 Sep 2020 is ₹11.72.

    The Aditya Birla Sun Life Banking & Financial Services Fund Regular Dividend is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 365 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 365 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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