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Aditya Birla Sun Life AMC Limited

ABSL BSE Top 10 Banks ETF

Equity ETFs - Others

An open ended exchange traded fund tracking BSE Top 10 Banks Total Return Index

AUM (In crores)

NAV

Annualized Returns %

Annualized

Returns %

1 Year

3 Year

5 Year

Since Inception

Fund Overview

Aditya Birla Sun Life BSE Top 10 Banks ETF is an open -ended exchange traded fund tracking BSE Top 10 Banks Total Return Index

Investment Objective

The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the BSE Top 10 Banks Total Return Index before expenses, subject to tracking errors.

The Scheme does not guarantee/indicate any returns. There is no assurance or guarantee that the investment objective of the Scheme will be achieved.

Why one can invest:

  • You are seeking long-term capital appreciation from the Indian Banking sector

  • You want focused exposure to India’s top 10 largest banks, institutions that anchor the financial system and play a critical role in economic growth.

  • You prefer a transparent index structure with defined stock weight caps.

  • You are looking for a cost-efficient, exchange-traded investment solution

  • Fund Details

    CAGR

    Latest NAV

    (as on )

    AUM

    ()

    Inception Date

    ()

    Risk

    Investment Horizon

    Long term

    Annual Benchmark Returns

    Min Investment

    Entry load

    NIL

    Exit load

    NIL

    Total Expense Ratio (TER)

    Sharpe Ratio

    Beta Ratio

    Other Parameters

    Standard Deviation

    Modified Duration

    -

    Yield to Maturity

    -

    Portfolio Turnover:

    -

    Average Maturity

    -

    Macaulay Duration

    -

    Net Equity Exposure

    -

    Fund Managers

    Ms. Priya Sridhar

    Ms. Priya Sridhar has an experience...
    Read More


    Riskometer

    ABSL BSE Top 10 Banks ETF

    (An open ended exchange traded fund tracking BSE Top 10 Banks Total Return Index)

    This product is suitable for investors who are seeking

    • Long-term capital appreciation

    • Investment in equity and equity related securities covered by BSE Top 10 Banks Total Return Index, subject to tracking error

    *Investors should consult their financial advisers if in doubt whether the product is suitable for them

    Fund Summary

    • India’s banking sector remains central to the country’s economic expansion, supported by steady credit growth, improving asset quality and stronger capital adequacy ratios. As financial knowledge & digitalization deepen, the sector is expected to be a key driver in the nation's growth and cement its position as a strong investment avenue.

    • Recent SEBI F&O eligibility norms are reshaping traditional banking indices by introducing tighter concentration limits. This may reduce the weights of dominant constituents and increase stock-level dispersion.

    • In this evolving regulatory landscape, investors may benefit from a more precise and thoughtfully constructed banking exposure.

    • BSE Top 10 Banks Total Return Index follows a clear, rules-based methodology. It selects the ten largest banks from the BSE 500 universe based on their six-month average free-float market capitalisation, with defined weight caps to balance concentration and diversification.

    • Aditya Birla Sun Life BSE Top 10 Banks ETF seeks to track this index and provides a transparent, cost-efficient, index linked solution in line with the index methodology.



    Click here to view the Aditya Birla Sun Life BSE Top 10 Banks ETF Unit Creation

    Fund discipline

    • 95%–100% of net assets will be invested in equity and equity-related instruments forming part of the BSE Top 10 Banks Index.

    • Up to 5% may be invested in debt and money market instruments (including cash and cash equivalents) for liquidity purposes.

    • The Scheme will be passively managed, with portfolio weights maintained in line with the index.

    • The index is constituted with the Top 10 largest banks from the BSE 500 index; selected based on their average 6 – months free float market capitalization

    • Each stock’s weight is based on its average 6 – months free float market capitalization subject to:
      o A single stock’s weight is capped at 33%
      o The aggregate weight of the top three index constituents shall not be more than 63% of the index

    • Index Rebalanced: Semi-annually (June & December)

    Index methodology: https://www.bseindices.com/Downloads/BSE_Indices_Methodology.pdf

    Tax Applicability

    Short Term Capital Gains (< 12 Months): 20%
    Long Term Capital Gains (> 12 Months): 12.5% on gains exceeding ₹1.25 lakh in a financial year

    Forms & Downloads

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