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Aditya Birla Sun Life Nifty Bank ETF |
| An Open ended exchange traded fund tracking Nifty Bank Index BSE Scrip Code: 542863 | Symbol: ABSLBANETF |
| Data as on 30th September 2024 |
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Fund Details |
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Investment Objective |
| The investment objective of the Scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty Bank Index. However, the performance of scheme may differ from that of the underlying index due to tracking error. 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 Manager | |
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| Mr. Haresh Mehta |
| Managing Fund Since | |
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| March 31, 2023 |
| Experience in Managing the Fund | |
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| 1.5 Years |
| Load Structure (as % of NAV) (Incl. for SIP) | |
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| Entry Load | Nil |
| Exit Load | Nil |
| Total Expense Ratio (TER) | |
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| Regular | 0.17% |
| Including additional expenses and goods and service tax on management fees. | |
| Tracking Error | |
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| Regular | 0.07% |
| AUM ₹ | |
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| Monthly Average AUM | 2740.69 Crores |
| AUM as on last day | 2777.39 Crores |
| Date of Allotment | |
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| October 23, 2019 |
| Benchmark | |
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| Nifty Bank TRI |
| Other Parameters | |
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| Standard Deviation | 15.77% |
| Sharpe Ratio | 0.40 |
| Beta | 1.00 |
| Tracking Error (3 year) | 0.06% |
| Treynor Ratio | 0.06 |
| Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns. Risk Free Rate assumed to be 6.76% (FBIL Overnight MIBOR as on 30 Sep 2024) for calculating Sharpe Ratio | |
| Minimum Application Amount: | |
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| For Transactions Directly with the Fund: | |
| For Market Makers: | The Creation Unit size for the scheme shall be 10,000 units and in multiples thereof. |
| For Large Investors: | Min. application amount shall be Rs. 25 Crores and in multiples of Creation Unit Size |
| For Transactions on Stock Exchanges: | |
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| Units of ETF scheme can be traded (in lots of 1 Unit) during the trading hours on all trading days on NSE and BSE on which the Units are listed. |
 NAV ₹ |
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| 53.8019 |
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PORTFOLIO |
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| Issuer | % to Net Assets |
| Banks | 99.99% |
| HDFC Bank Limited | 28.09% |
| ICICI Bank Limited | 23.81% |
| State Bank of India | 9.53% |
| Kotak Mahindra Bank Limited | 9.37% |
| Axis Bank Limited | 9.32% |
| IndusInd Bank Limited | 5.68% |
| The Federal Bank Limited | 2.86% |
| Issuer | % to Net Assets |
| Bank of Baroda | 2.74% |
| AU Small Finance Bank Limited | 2.46% |
| Canara Bank | 2.23% |
| IDFC First Bank Limited | 1.99% |
| Punjab National Bank | 1.89% |
| Cash & Current Assets | 0.01% |
| 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 managed by Mr. Haresh Mehta is 17. Click here to know more on performance of schemes managed by Fund Managers.
Standard deviation of daily tracking difference computed for a 1 year horizon. If the fund is non-existent for 1 year then since inception returns are considered.
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.
