Aditya Birla Sun Life Banking & Financial Services Direct Growth - Latest NAV ₹36.57, Returns, Performance & Portfolio

Aditya Birla Sun Life Banking & Financial Services Direct Growth

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    20.44%
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    (--1.7)36.57

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 33.8 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years20.44%
3 Years8.91%
1 Year14%
6 Months42.91%
Fund Details
ISININF209K014W1
RiskHigh Risk
Fund TypeSector - Financial Services
NAV36.57
Exit Load1% for 30 Days

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd16.48%
HDFC Bank Ltd11.09%
Kotak Mahindra Bank Ltd10.22%
Axis Bank Ltd8.87%
Bajaj Finance Ltd7.42%
State Bank of India5.59%
ICICI Lombard General Insurance Co Ltd5.55%
Bajaj Finserv Ltd5.33%
Repco Home Finance Ltd3.2%
HDFC Life Insurance Co Ltd3.17%

About Aditya Birla Sun Life Banking And Financial Services Fund - Direct Plan - Growth

The main objective of Aditya Birla Sun Life Banking And Financial Services Fund is to provide returns in the form of long-term capital appreication by investing mainly in the securities issued by banking and finanicial companies.

Pros and Cons of Aditya Birla Sun Life Banking And Financial Services Fund - Direct Plan - Growth

If you are looking to gain exposure to a portfolio consisting of finanical stocks, then investing in this fund is apt. It invests across various companies operating in the banking and financial services sectors. On the flip side, the risk level is higher since most of the fund’s asset allocation is made towards just one sector.

Fund Information and Statistics

i) Inception/Launch Date

Aditya Birla Sun Life Banking And Financial Services Fund - Direct Plan - Growth was launched on 14 Decemeber 2013.

ii) Risk Level

Aditya Birla Sun Life Banking And Financial Services Fund has been clubbed under the category of ‘high risk’ mutual funds since it caries a higher level of concentration as it invests predominantly in the financial stocks.

iii) Redemption

Since Aditya Birla Sun Life Banking And Financial Services Fund is an open-ended mutual fund scheme, you can place a redemption request at any time.

iv) Fund Manager

Mr Dhaval Gala is the current fund manager of Aditya Birla Sun Life Banking And Financial Services Fund.

v) Entry/Exit Load

No entry load applies due to the regulations of the Securities and Exchange Board of India (SEBI). An exit load of 1% is chargeable if redeemed within a period of 365 days from the date of allotment. After 365 days, no exit is applicable.

About Aditya Birla Sun Life Mutual Fund

came into existence due to a joint venture between Sun Life AMC Investments Inc and Aditya Birla Capital Limited in the year 1994. The fund house registered with the Indian securities market regulator withAditya Birla Sun Life Trustee Private Limited as its trustee, and Aditya Birla Capital Limited and Sun Life AMC Investments Inc as its sponsors. Aditya Birla Sun Life Mutual Fund is now one of the leading asset management companies (AMCs) in the country with assets of worth a massive Rs 2.14 lakh crore under its management as of June 2020.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 33.8 Lakhs in a period of 20 years
High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns