Item: Aditya Birla Sun Life Banking & Financial Services Direct Growth
Rating: 4
Author: Morningstar

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

60.930 (0.412%)

NAV on November 19, 2024

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Growth

Total Assets 3,264 cr

Turnover Ratio 44.28%

Expense Ratio 1.10%

Exit Load 1.00%if redeemed within
30 Days0.00%if redeemed after 30 Days

Returns

1M: -4.56%
1Y: 17.08%
3M: -0.26%
3Y: 12.09%
6M: 6.19%
5Y: 13.53%

Min Investment 1,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Dhaval Gala (Since about 9 years) Dhaval Joshi (Since about 2 years)

ISIN INF209K014W1

Fund Family Aditya Birla Sun Life

P/E Ratio 16.01

P/B Ratio 2.16

Launch Date December 14, 2013

Benchmark Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs Nifty Financial Services TR INR

Alpha 3.60

Beta 0.99

R-Squared 85.74

Info Ratio 0.62

Tracking Err 6.01

Sortino 0.817

Sharpe 0.480

Std Dev 16.008

Risk Above Average

SECTOR WEIGHTINGS (%)

Financial 96.48%

Industrial 0.0%

Technology 3.52%

Basic Materials 0.0%

Consumer Cyclical 0.0%

Utilities Services 0.0%

Healthcare Services 0.00%

Energy Services 0.00%

Communication Services 0.00%

Consumer Defensive 0.00%

Real Estate 0.00%

INVESTMENT OBJECTIVE

The primary investment objective of the Scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Invesco India Financial Services Fund Direct Plan Growth	147.640	28.04%	1,072 cr	0.93%	Below Average
Tata Banking & Financial Services Fund Direct Growth	44.167	18.84%	2,374 cr	0.54%	Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	105.276	18.83%	1,453 cr	0.77%	Below Average

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
SBI Banking & Financial Services Direct Growth	41.499	30.58%	6,457 cr	0.74%	Below Average
Invesco India Financial Services Fund Direct Plan Growth	147.640	28.04%	1,072 cr	0.93%	Below Average
ICICI Prudential Banking and Financial Services Fund Direct Plan Growth	134.270	21.28%	8,850 cr	1.02%	Low
Nippon India Banking & Financial Services Fund Direct Plan - Growth	611.044	20.92%	6,238 cr	1.08%	Above Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	105.276	18.83%	1,453 cr	0.77%	Below Average