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(%) 29.18 14.32 14.89 13.65
Average Rolling Returns(%) 20.49 16.01 13.08 16.05

The Current NAV of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is ₹55.10.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark NIFTY 50 - TRI returns, as Funds portfolio is significantly different.

Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan fund’s expense ratio is 1.03%

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 ₹3,023 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Axis Bank and account for 38% of its portfolio. Top 5 and 10 stocks of fund account for 49% 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 Somewhat Good. It has a large proportion of Green and Orange 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 21.15 and PB ratio is 3.44

The asset allocation of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is Stocks : 97.76%, Debt : 1.79% and Gold : 0.43%

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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