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FAQ : Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan

Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) N/A 12.42 10.63 9.85
Average Rolling Returns(%) 17.20 14.99 13.28 14.21

The Current NAV of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is ₹70.37.

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark Nifty Financial Services , as Funds portfolio is somewhat different.

Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan fund’s expense ratio is 1.00%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is currently ₹3,155 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Axis Bank and account for 35% of its portfolio. Top 5 and 10 stocks of fund account for 47% and 65% of fund’s portfolio respectively.

Top three sectors of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan fund are BFSI, IT and Others accounting for 99% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Banks & Financial Service.

Dhaval Gala manages the Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan Fund.

Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan current PE ratio is 22.80 and PB ratio is 3.63

The asset allocation of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is Stocks : 96.94%, Debt : 3.05% and Gold : 0%

The minimum SIP amount for Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹1000.00

The exit load for Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is 1% on or before 30 days, Nil after 30 days

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