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

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) 27.96 13.21 13.74 12.53
Average Rolling Returns(%) 19.20 14.81 11.90 14.89

The Current NAV of Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth is ₹49.73.

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 returns, as Funds portfolio is significantly different.

Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth fund’s expense ratio is 1.99%

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 - Regular Plan - Growth 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 - Regular Plan - Growth 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 - Regular Plan - Growth Fund is Equity - Sectoral Fund - Banks & Financial Service.

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

Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth 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 - Regular Plan - Growth 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 - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹1000.00

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

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