ABSL Banking and Financial Services Fund - Direct Plan - Growth

Fund Returns

NAV Rs. 18.55 -2.57 %
(as on May 22, 2020)
1 yr Return -39.38 %
3 yr. Return -8.48 %
5 yr. Return 2.58 %

Fund Returns

NAV 1 yr Return 3 yr. Return 5 yr. Return
Rs. 18.55 -2.57 %
(as on May 22, 2020)
-39.38 % -8.48 % 2.58 %

NAV Movement

1 Month 3 Months 6 Months 1 Year 3 Years 5 Years 10 Years

Calculate SIP Growth

SIP Start Date

SIP End Date

Scheme Details

Launch Date Dec. 14, 2013
Fund Size Rs. 1350.68 cr.
Category Equity | Sector Specific - Banks & Financial Services
Fund Manager Dhaval Gala
AMC Aditya Birla Sun Life AMC Limited
Fund Benchmark Nifty Financial Services Index
Risk Profile Aggressive
Risk Rating 9 / 10

Investment Information

Min. Investment Rs. 1000.00
Min. Investment SIP Rs. 1000.00
Expense Ratio 1.27 %
Exit load 1% on or before 365D, Nil after 365D

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

Performance

1M 3M 6M 1Y 3Y 5Y
Fund -5.65 -42.32 -40.87 -39.38 -8.48 2.58
Rank Within Category 24 26 None 48 20 3

Portfolio

Security Holding (%)
(as on March 1, 2020)
Market Value
(in Rs. crores.)
Quantity
HDFC Bank Limited 13.42 159.85 1854610.0
ICICI Bank Limited 12.92 153.86 4752299.0
ICICI Lombard General Insurance Company Limited 8.27 98.53 910929.0
Kotak Mahindra Bank Limited 7.6 90.47 698042.0
Bajaj Finance Limited 7.33 87.24 393716.0
Axis Bank Limited 6.91 82.34 2172486.0
State Bank of India 6.62 78.81 4003632.0
Bandhan Bank Limited 4.92 58.58 2875248.0
Bajaj Finserv Limited 4.51 53.71 116979.0
Housing Development Finance Corporation Limited 3.35 39.9 244312.0

Fund Schemes Concentrations

# of Securities 37
Top 10 Securities 75.85 %
Top 5 Securities 49.54 %
Top 3 Securities 34.61 %
# of Sectors 6
Top 10 Sectors 100.0 %
Top 5 Sectors 99.77 %
Top 3 Sectors 97.59 %

AMC Contact Information

AMC Aditya Birla Sun Life AMC Limited
Address One India Bulls Centre , Tower 1, 17th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road,, Mumbai - 400 013
Email connect@birlasunlife.com
Website https://mutualfund.adityabirlacapital.com/

Scheme Details

Launch Date Dec. 14, 2013 Fund Size Rs. 1350.68 cr.
Category Equity | Sector Specific - Banks & Financial Services Fund Manager Dhaval Gala
AMC Aditya Birla Sun Life AMC Limited Fund Benchmark Nifty Financial Services Index
Risk Profile Aggressive Risk Rating 9 / 10

Investment Information

Min. Investment Min. Investment SIP Expense Ratio Exit Load
Rs. 1000.00 Rs. 1000.00 1.27 % 1% on or before 365D, Nil after 365D

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

Performance

1M 3M 6M 1Y 3Y 5Y
Fund -5.65 -42.32 -40.87 -39.38 -8.48 2.58
Rank Within Category 24 26 None 48 20 3

Peer Funds

Fund Return 1Y (%) Return 3Y (%) Return 5Y (%) AUM(cr.)
ABSL Banking and Financial Services Fund - Direct Plan - Growth -39.38 -8.48 2.58 1,350.68
Reliance Pharma Fund - Direct Plan Growth Plan - Growth Option 28.15 16.08 7.38 2,850.69
SBI Technology Opportunities Fund - Direct Plan - Dividend -0.13 13.96 7.45 157.10
Tata Digital India Fund-Direct Plan-Growth -10.09 13.95 - 390.06
ABSL Digital India Fund - Growth - Direct Plan -4.10 12.59 8.07 374.85
Franklin India Technology Fund - Direct - Growth -0.58 10.47 6.92 239.12

Portfolio

Security Holding (%)
(as on March 1, 2020)
Market Value
(in Rs. crores.)
Quantity
HDFC Bank Limited 13.42 159.85 1854610.0
ICICI Bank Limited 12.92 153.86 4752299.0
ICICI Lombard General Insurance Company Limited 8.27 98.53 910929.0
Kotak Mahindra Bank Limited 7.6 90.47 698042.0
Bajaj Finance Limited 7.33 87.24 393716.0
Axis Bank Limited 6.91 82.34 2172486.0
State Bank of India 6.62 78.81 4003632.0
Bandhan Bank Limited 4.92 58.58 2875248.0
Bajaj Finserv Limited 4.51 53.71 116979.0
Housing Development Finance Corporation Limited 3.35 39.9 244312.0

Fund Schemes Concentrations

# of Securities 37
Top 10 Securities 75.85 %
Top 5 Securities 49.54 %
Top 3 Securities 34.61 %
# of Sectors 6
Top 10 Sectors 100.0 %
Top 5 Sectors 99.77 %
Top 3 Sectors 97.59 %

AMC Contact Information

AMC Aditya Birla Sun Life AMC Limited
Address One India Bulls Centre , Tower 1, 17th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road,, Mumbai - 400 013
Email connect@birlasunlife.com
Website https://mutualfund.adityabirlacapital.com/