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Aditya Birla Sun Life Banking and Financial Services Fund |
| An open ended equity scheme investing in the Banking & Financial Services sectors. |
| Data as on 28th February 2025 |
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Fund Details |
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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 is no assurance that the objective of the Scheme will be achieved. | |
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Fund Category |
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Investment Style |
| Sectoral/Thematic |  |
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| Fund Manager | |
|---|---|
| Mr. Dhaval Gala & Mr. Dhaval Joshi |
| Managing Fund Since | |
|---|---|
| August 26, 2015 & November 21, 2022 |
| Experience in Managing the Fund | |
|---|---|
| 9.5 years & 2.3 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 | 2.01% |
| Direct | 1.10% |
| Including additional expenses and goods and service tax on management fees. | |
| AUM ₹ | |
|---|---|
| Monthly Average AUM | 3073.44 Crores |
| AUM as on last day | 3010.61 Crores |
| Date of Allotment | |
|---|---|
| December 14, 2013 |
| Benchmark | |
|---|---|
| Nifty Financial Services TRI |
| Other Parameters | |
|---|---|
| Standard Deviation | 14.93% |
| Sharpe Ratio | 0.42 |
| Beta | 0.98 |
| Portfolio Turnover | 0.16 |
| Treynor Ratio | 0.06 |
| Average P/E | 15.83 |
| Average P/BV | 2.32 |
| Average Dividend Yield | 0.85 |
| Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns. Risk Free Rate assumed to be 6.40% (FBIL Overnight MIBOR as on 28 Feb 2025) 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 | |
|---|---|
| Daily/Weekly/Monthly: Minimum ₹ 100/- |
 NAV of Plans / Options ₹ |
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|---|---|---|
| Regular Plan | Direct Plan | |
| Growth | 51.9200 | 58.0300 |
| IDCW$: | 20.2300 | 27.2600 |
| $Income Distribution cum capital withdrawal | ||
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PORTFOLIO |
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| Issuer | % to Net Assets |
| Banks | 62.71% |
| ICICI Bank Limited | 19.97% |
| HDFC Bank Limited | 19.20% |
| Axis Bank Limited | 6.50% |
| State Bank of India | 5.38% |
| Kotak Mahindra Bank Limited | 2.97% |
| AU Small Finance Bank Limited | 2.46% |
| Bank of Baroda | 1.52% |
| Bank of India | 1.50% |
| IndusInd Bank Limited | 1.31% |
| The Federal Bank Limited | 0.89% |
| RBL Bank Limited | 0.67% |
| City Union Bank Limited | 0.20% |
| Utkarsh Small Finance Bank Ltd | 0.14% |
| Finance | 27.20% |
| Bajaj Finance Limited | 6.62% |
| Cholamandalam Financial Holdings Limited | 3.64% |
| Shriram Finance Ltd | 3.23% |
| Repco Home Finance Limited | 1.92% |
| PNB Housing Finance Limited | 1.37% |
| SBFC Finance Ltd | 1.32% |
| LIC Housing Finance Limited | 1.32% |
| SBI Cards & Payment Services Limited | 1.25% |
| Bajaj Finserv Limited | 1.24% |
| Issuer | % to Net Assets |
| Cholamandalam Investment and Finance Company Limited | 1.20% |
| Muthoot Finance Limited | 0.89% |
| Home First Finance Company India Limited | 0.87% |
| Poonawalla Fincorp Limited | 0.86% |
| Bajaj Housing Finance Limited | 0.66% |
| Mas Financial Services Limited | 0.41% |
| Fusion Finance Ltd | 0.39% |
| Insurance | 4.55% |
| ICICI Lombard General Insurance Company Limited | 1.72% |
| SBI Life Insurance Company Limited | 1.64% |
| Max Financial Services Limited | 0.73% |
| Star Health & Allied Insurance Limited | 0.46% |
| Capital Markets | 3.65% |
| Central Depository Services (India) Limited | 1.65% |
| Computer Age Management Services Limited | 1.09% |
| DAM Capital Advisors Ltd | 0.34% |
| 360 ONE WAM Ltd | 0.33% |
| PRUDENT CORPORATE ADVISORY SERVICES LTD | 0.24% |
| MUTUAL FUNDS | 0.46% |
| Aditya Birla Sun Life Liquid Fund - Growth - Direct Plan | 0.46% |
| EQUITY FUTURE | 0.26% |
| AU Small Finance Bank Limited | 0.26% |
| Cash & Current Assets | 1.17% |
| 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 5. Total Scheme managed by Mr. Dhaval Gala is 7. Total Schemes managed by Mr. Dhaval Joshi is 36. 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.
