Name: Aditya Birla Sun Life Banking & Financial Services Fund Regular IDCW
Brand: Aditya Birla Sun Life Mutual Fund

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Aditya Birla Sun Life Banking & Financial Services Fund Regular IDCW
Equity
Sectoral / Thematic
Very High Risk
18.79%
3Y annualised
-0.46% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 20 Oct 2021₹20.75
Min. SIP amountNA
Rating3star
Fund size₹2,182.75 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns70.3%18.8%12.7%19.6%
Category average56.1%9.1%12.0%NA
Rank with in category4612NA
Understand termsinfo
Holdings (28)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity13.3%
HDFC Bank Ltd.
FinancialEquity11.1%
State Bank of India
FinancialEquity8.7%
Bajaj Finance Ltd.
FinancialEquity8.0%
Bajaj Finserv Ltd.
FinancialEquity5.7%
Axis Bank Ltd.
FinancialEquity5.1%
SBI Life Insurance Company Ltd.
FinancialEquity4.7%
Kotak Mahindra Bank Ltd.
FinancialEquity4.5%
Repco Home Finance Ltd.
FinancialEquity3.3%
Housing Development Finance Corpn. Ltd.
FinancialWarrant3.2%
See All
Understand termsExpense ratioA 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.
TaxA 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 loadA 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 dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2021 - Present
2.22%
31 Jul 2021 - 31 Aug 2021
2.25%
30 Jun 2021 - 31 Jul 2021
2.29%
31 May 2021 - 30 Jun 2021
2.26%
30 Apr 2021 - 31 May 2021
2.29%
31 Mar 2021 - 30 Apr 2021
2.06%
28 Feb 2021 - 31 Mar 2021
2.11%
31 Jan 2021 - 28 Feb 2021
2.19%
31 Dec 2020 - 31 Jan 2021
2.25%
30 Nov 2020 - 31 Dec 2020
2.29%
31 Oct 2020 - 30 Nov 2020
2.36%
30 Sep 2020 - 31 Oct 2020
2.24%
31 Aug 2020 - 30 Sep 2020
2.36%
31 Jul 2020 - 31 Aug 2020
2.40%
30 Jun 2020 - 31 Jul 2020
2.43%
31 May 2020 - 30 Jun 2020
2.48%
30 Apr 2020 - 31 May 2020
2.38%
31 Mar 2020 - 30 Apr 2020
2.25%
29 Feb 2020 - 31 Mar 2020
2.15%
31 Jan 2020 - 29 Feb 2020
2.27%
31 Dec 2019 - 31 Jan 2020
2.25%
30 Nov 2019 - 31 Dec 2019
2.37%
31 Oct 2019 - 30 Nov 2019
2.38%
30 Sep 2019 - 31 Oct 2019
2.41%
31 Aug 2019 - 30 Sep 2019
2.42%
31 Jul 2019 - 31 Aug 2019
2.35%
30 Jun 2019 - 31 Jul 2019
2.34%
31 May 2019 - 30 Jun 2019
2.38%
30 Apr 2019 - 31 May 2019
2.15%
31 Mar 2019 - 30 Apr 2019
2.14%
28 Feb 2019 - 31 Mar 2019
2.17%
31 Jan 2019 - 28 Feb 2019
2.17%
31 Dec 2018 - 31 Jan 2019
2.16%
30 Nov 2018 - 31 Dec 2018
2.15%
31 Oct 2018 - 30 Nov 2018
2.15%
30 Sep 2018 - 31 Oct 2018
2.40%
31 Aug 2018 - 30 Sep 2018
2.47%
31 Jul 2018 - 31 Aug 2018
2.48%
30 Jun 2018 - 31 Jul 2018
2.50%
31 May 2018 - 30 Jun 2018
2.44%
30 Apr 2018 - 31 May 2018
2.45%
31 Mar 2018 - 30 Apr 2018
2.46%
28 Feb 2018 - 31 Mar 2018
2.45%
31 Jan 2018 - 28 Feb 2018
2.44%
31 Dec 2017 - 31 Jan 2018
2.44%
30 Nov 2017 - 31 Dec 2017
2.45%
31 Oct 2017 - 30 Nov 2017
2.45%
Expense ratio, exit load and taxExpense ratio: 2.22%Inclusive of GST
Exit loadExit load of 1% if redeemed within 30 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementSatyabrata Mohanty
Nov 2013 - Present
View details
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Education
Mr. Mohanty is a B.Com (H), Chartered Accountant and CFA.
Experience
Prior to joining ABSLAMC, he worked with Aditya Birla Management Corporation Ltd.
Also manages these schemes
Aditya Birla Sun Life Equity Advantage Fund Regular Growth
Aditya Birla Sun Life Equity Advantage Fund Regular IDCW
Aditya Birla Sun Life Dividend Yield Fund IDCW
Aditya Birla Sun Life Dividend Yield Fund Growth
Aditya Birla Sun Life Regular Savings Fund IDCW Monthly
Aditya Birla Sun Life Regular Savings Fund-Monthly Payment
Aditya Birla Sun Life Regular Savings Fund Growth
Aditya Birla Sun Life Equity Hybrid '95 Fund IDCW
Aditya Birla Sun Life Equity Hybrid '95 Fund Growth
Aditya Birla Sun Life Equity Advantage Fund Direct IDCW
Aditya Birla Sun Life Equity Advantage Fund Direct Growth
Aditya Birla Sun Life Dividend Yield Fund Direct IDCW
Aditya Birla Sun Life Dividend Yield Fund Direct Growth
Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Growth
Aditya Birla Sun Life Equity Hybrid '95 Fund Direct IDCW
Aditya Birla Sun Life Regular Savings Fund Direct IDCW Monthly
Aditya Birla Sun Life Regular Savings Fund Direct-Monthly Payment
Aditya Birla Sun Life Regular Savings Fund Direct Growth
Aditya Birla Sun Life Banking & Financial Services Fund Regular Growth
Aditya Birla Sun Life Banking & Financial Services Fund Regular IDCW
Aditya Birla Sun Life Banking & Financial Services Fund Direct Growth
Aditya Birla Sun Life Banking & Financial Services Fund Direct IDCW
Aditya Birla Sun Life Equity Savings Fund Direct Growth
Aditya Birla Sun Life Equity Savings Fund Direct IDCW
Aditya Birla Sun Life Equity Savings Fund Regular IDCW
Aditya Birla Sun Life Equity Savings Fund Regular Growth
Aditya Birla Sun Life Emerging Leaders Fund Series 6 Regular IDCW
Aditya Birla Sun Life Emerging Leaders Fund Series 6 Regular Growth
Aditya Birla Sun Life Focused Equity Fund Series 6 Regular Growth
Aditya Birla Sun Life Focused Equity Fund Series 6 Regular IDCW
Aditya Birla Sun Life Focused Equity Fund Series 6 Direct Growth
Aditya Birla Sun Life Focused Equity Fund Series 6 Direct IDCW
Aditya Birla Sun Life Resurgent India Fund Series 1 Regular Growth
Aditya Birla Sun Life Resurgent India Fund Series 1 Regular IDCW
Aditya Birla Sun Life Resurgent India Fund Series 1 Direct IDCW
Aditya Birla Sun Life Resurgent India Fund Series 1 Direct Growth
Aditya Birla Sun Life Resurgent India Fund Series 2 Regular Growth
Aditya Birla Sun Life Resurgent India Fund Series 2 Regular IDCW
Aditya Birla Sun Life Resurgent India Fund Series 2 Direct Growth
Aditya Birla Sun Life Resurgent India Fund Series 2 Direct IDCW
Aditya Birla Sun Life Resurgent India Fund Series 6 Direct IDCW
Aditya Birla Sun Life Resurgent India Fund Series 6 Regular Growth
Aditya Birla Sun Life Resurgent India Fund Series 6 Direct Growth
Aditya Birla Sun Life Resurgent India Fund Series 6 Regular IDCW
Aditya Birla Sun Life Resurgent India Fund Series 7 Direct IDCW
Aditya Birla Sun Life Resurgent India Fund Series 7 Regular IDCW
Aditya Birla Sun Life Resurgent India Fund Series 7 Regular Growth
Aditya Birla Sun Life Resurgent India Fund Series 7 Direct Growth
Dhaval Gala
Aug 2015 - Present
View details
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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
Aditya Birla Sun Life Small Cap Fund Growth
Aditya Birla Sun Life Small Cap Fund IDCW
Aditya Birla Sun Life Small Cap Fund Direct Growth
Aditya Birla Sun Life Small Cap Fund Direct IDCW
Aditya Birla Sun Life Banking & Financial Services Fund Regular Growth
Aditya Birla Sun Life Banking & Financial Services Fund Regular IDCW
Aditya Birla Sun Life Banking & Financial Services Fund Direct Growth
Aditya Birla Sun Life Banking & Financial Services Fund Direct IDCW
Fund house & investment objective
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Aditya Birla Sun Life Mutual Fund
Rank (total assets)#4 in India
Total AUM2,68,154.71 Cr
Date of Incorporation23 Dec 1994
Aditya Birla Sun Life Banking & Financial Services Fund Regular IDCW is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. Thi
Aditya Birla Sun Life Banking & Financial Services Fund Regular IDCW 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. Satyabrata Mohanty, Dhaval Gala is the Current Fund Manager of Aditya Birla Sun Life Banking & Financial Services Fund Regular IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,68,155 Cr and the Latest NAV as of 20 Oct 2021 is ₹20.75.
The Aditya Birla Sun Life Banking & Financial Services Fund Regular IDCW is rated Very High risk. Minimum SIP Investment is set to 1000. Exit load of 1% if redeemed within 30 days....Read more
Investment Objective
The scheme aims to maximize long term capital appreciation by investing primarily in equity & equity related securities of companies engaged in bankin
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.
...Read more
Fund benchmarkNIFTY Financial Services TRI
descriptionScheme Information Document(SID)
Fund house contact details
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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
E-mail
[email protected]
Website
NA
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,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	70.3%	18.8%	12.7%	19.6%
Category average	56.1%	9.1%	12.0%	NA
Rank with in category	4	6	12	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	13.3%
HDFC Bank Ltd.	Financial	Equity	11.1%
State Bank of India	Financial	Equity	8.7%
Bajaj Finance Ltd.	Financial	Equity	8.0%
Bajaj Finserv Ltd.	Financial	Equity	5.7%
Axis Bank Ltd.	Financial	Equity	5.1%
SBI Life Insurance Company Ltd.	Financial	Equity	4.7%
Kotak Mahindra Bank Ltd.	Financial	Equity	4.5%
Repco Home Finance Ltd.	Financial	Equity	3.3%
Housing Development Finance Corpn. Ltd.	Financial	Warrant	3.2%

Rating	3
Fund size	₹2,182.75 Cr