ABSL Banking and Financial Services Fund - Direct Plan - Growth

Fund Returns

NAV Rs. 24.11 0.00 %
(as on Aug. 10, 2020)
1 yr Return -17.83 %
3 yr. Return -4.02 %
5 yr. Return 6.16 %

Fund Returns

NAV 1 yr Return 3 yr. Return 5 yr. Return
Rs. 24.11 0.00 %
(as on Aug. 10, 2020)
-17.83 % -4.02 % 6.16 %

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. 1417.56 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 1.26 %
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 -0.74 19.83 -27.81 -17.83 -4.02 6.16
Rank Within Category 24 26 None 48 20 3

Portfolio

Security Holding (%)
(as on May 1, 2020)
Market Value
(in Rs. crores.)
Quantity
ICICI Bank Limited 12.78 157.75 4752299.0
HDFC Bank Limited 11.99 147.94 1554610.0
ICICI Lombard General Insurance Company Limited 8.86 109.35 840693.0
Kotak Mahindra Bank Limited 7.99 98.68 806191.0
Clearing Corporation of India Limited 7.71 95.15 -
Bajaj Finance Limited 6.42 79.26 405719.0
Bandhan Bank Limited 6.15 75.96 3482216.0
Clearing Corporation of India Ltd 5.68 76.74 -
Axis Bank Limited 5.18 63.92 1660486.0
HDFC Life Insurance Company Limited 4.47 55.22 1055496.0

Fund Schemes Concentrations

# of Securities 39
Top 10 Securities 77.23 %
Top 5 Securities 49.33 %
Top 3 Securities 33.63 %
# of Sectors 5
Top 10 Sectors 99.98 %
Top 5 Sectors 99.98 %
Top 3 Sectors 98.14 %

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. 1417.56 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 1.26 % 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 -0.74 19.83 -27.81 -17.83 -4.02 6.16
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 -17.83 -4.02 6.16 1,417.56
Tata Digital India Fund-Direct Plan-Growth 16.33 23.86 - 390.06
ABSL Digital India Fund - Growth - Direct Plan 26.08 23.05 13.95 413.45
Reliance Pharma Fund - Direct Plan Growth Plan - Growth Option 54.51 22.18 9.21 3,092.66
ICICI Prudential Technology Fund - Direct Plan - Growth 19.36 21.24 11.76 379.09
Franklin India Technology Fund - Direct - Growth 30.86 21.23 12.79 259.60

Portfolio

Security Holding (%)
(as on May 1, 2020)
Market Value
(in Rs. crores.)
Quantity
ICICI Bank Limited 12.78 157.75 4752299.0
HDFC Bank Limited 11.99 147.94 1554610.0
ICICI Lombard General Insurance Company Limited 8.86 109.35 840693.0
Kotak Mahindra Bank Limited 7.99 98.68 806191.0
Clearing Corporation of India Limited 7.71 95.15 -
Bajaj Finance Limited 6.42 79.26 405719.0
Bandhan Bank Limited 6.15 75.96 3482216.0
Clearing Corporation of India Ltd 5.68 76.74 -
Axis Bank Limited 5.18 63.92 1660486.0
HDFC Life Insurance Company Limited 4.47 55.22 1055496.0

Fund Schemes Concentrations

# of Securities 39
Top 10 Securities 77.23 %
Top 5 Securities 49.33 %
Top 3 Securities 33.63 %
# of Sectors 5
Top 10 Sectors 99.98 %
Top 5 Sectors 99.98 %
Top 3 Sectors 98.14 %

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/