 |
Aditya Birla Sun Life Banking and Financial Services Fund |
| An open ended equity scheme investing in the Banking & Financial Services sectors. |
| Data as on 31st July 2023 |
 |
Fund Details |
|
 |
 |
 |
Investment Objective |
| The primary investment objective of the Scheme is to generate long-term capital appreciation to unitholders 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 scheme objectives will be achieved. | |
 |
Fund Category |
 |
Investment Style |
| Sectoral/Thematic |  |
||
| Fund Manager | |
|---|---|
| Mr. Dhaval Gala & Mr. Dhaval Joshi |
| Managing Fund Since | |
|---|---|
| August 26, 2015 & November 21, 2022 |
| Experience in Managing the Fund | |
|---|---|
| 7.9 years & 0.7 Years |
| Load Structure (as % of NAV) (Incl. for SIP) | |
|---|---|
| Entry Load | Nil |
| Exit Load | For redemption/switchout of units on or before 30 days from the date of allotment : 1.00% of applicable NAV. For redemption/switch-out of units after 30 days from the date of allotment: Nil |
| Total Expense Ratio (TER) | |
|---|---|
| Regular | 2.00% |
| Direct | 1.06% |
| Including additional expenses and goods and service tax on management fees. | |
| AUM ₹ | |
|---|---|
| Monthly Average AUM | 2804.49 Crores |
| AUM as on last day | 2859.80 Crores |
| Date of Allotment | |
|---|---|
| December 14, 2013 |
| Benchmark | |
|---|---|
| Nifty Financial Services TRI |
| Other Parameters | |
|---|---|
| Standard Deviation | 23.07% |
| Sharpe Ratio | 0.94 |
| Beta | 1.05 |
| Portfolio Turnover | 0.29 |
| Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns. Risk Free Rate assumed to be 6.6% (FBIL Overnight MIBOR as on 31 July 2023) for calculating Sharpe Ratio | |
| Application Amount for fresh subscription | |
|---|---|
| ₹ 1,000 (plus in multiplies of ₹ 1) |
| Min. Addl. Investment | |
|---|---|
| ₹ 1,000 (plus in multiplies of ₹ 1) |
| SIP | |
|---|---|
| Monthly: Minimum ₹ 1,000/- |
 NAV of Plans / Options ₹ |
||
|---|---|---|
| Regular Plan | Direct Plan | |
| Growth | 47.1200 | 51.8800 |
| IDCW$: | 21.3000 | 28.2700 |
| $Income Distribution cum capital withdrawal | ||
|
PORTFOLIO |
|
| Issuer | % to Net Assets |
Rating |
| Banks | 60.16% | |
| ICICI Bank Limited | 14.37% | |
| HDFC Bank Limited | 14.30% | |
| State Bank of India | 6.62% | |
| Axis Bank Limited | 6.34% | |
| Bank of Baroda | 2.93% | |
| The Federal Bank Limited | 2.57% | |
| Ujjivan Small Finance Bank Limited | 2.30% | |
| Bandhan Bank Limited | 2.18% | |
| Bank of India | 2.09% | |
| RBL Bank Limited | 1.70% | |
| Kotak Mahindra Bank Limited | 1.02% | |
| IDFC First Bank Limited | 0.90% | |
| Punjab National Bank | 0.87% | |
| Utkarsh Small Finance Bank Ltd | 0.86% | |
| IndusInd Bank Limited | 0.73% | |
| Bank of Maharashtra | 0.39% | |
| Finance | 27.86% | |
| Bajaj Finance Limited | 5.35% | |
| Poonawalla Fincorp Limited | 4.60% | |
| Repco Home Finance Limited | 2.79% | |
| Cholamandalam Financial Holdings Limited | 2.28% | |
| Shriram Finance Ltd | 1.86% | |
| Bajaj Finserv Limited | 1.81% | |
| Fusion Micro Finance Ltd | 1.72% | |
| Mahindra & Mahindra Financial Services Limited | 1.45% |
| Issuer | % to Net Assets |
Rating |
| Ujjivan Financial Services Limited | 1.44% | |
| Home First Finance Company India Limited | 1.26% | |
| SBI Cards & Payment Services Limited | 1.01% | |
| IDFC Limited | 0.98% | |
| JM Financial Limited | 0.69% | |
| Manappuram Finance Limited | 0.47% | |
| LIC Housing Finance Limited | 0.14% | |
| Insurance | 3.38% | |
| ICICI Lombard General Insurance Company Limited | 1.48% | |
| SBI Life Insurance Company Limited | 1.44% | |
| HDFC Life Insurance Company Limited | 0.46% | |
| WARRANT | 1.72% | |
| HDFC Bank Limited | 1.72% | |
| Capital Markets | 1.58% | |
| Central Depository Services (India) Limited | 0.96% | |
| HDFC Asset Management Company Limited | 0.61% | |
| Exchange Traded Fund | 1.25% | |
| ADITYA BIRLA SUN LIFE BANKING ETF | 1.25% | |
| Financial Technology (Fintech) | 0.87% | |
| One 97 Communications Limited | 0.48% | |
| PB Fintech Limited | 0.39% | |
| MUTUAL FUNDS | 0.57% | |
| Aditya Birla Sun Life Liquid Fund - Growth - Direct Plan | 0.57% | |
| Cash & Current Assets | 2.61% | |
| Total Net Assets | 100.00% |
Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes Co-Managed by Fund Managers is 4. Total Scheme managed by Mr. Dhaval Gala is 6. Total Scheme managed by Mr. Dhaval Joshi is 45. Click here to know more on performance of schemes managed by Fund Managers.
Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 or from any of our Investor Service Centers.
# Scheme Benchmark, ## Additional Benchmark
For SIP calculations above, the data assumes the investment of ₹ 10000/- on 1st day of every month or the subsequent working
day. Load & Taxes are not considered for computation of returns. Performance for IDCW option would assume reinvestment
of tax free IDCW declared at the then prevailing NAV. CAGR returns are computed after accounting for the cash flow by using
XIRR method (investment internal rate of return).Where Benchmark returns are not available, they have not been shown.
Past
performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. IDCW
are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. For SIP returns, monthly investment
of equal amounts invested on the 1st day of every month has been considered.
