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Unrated

Aditya Birla Sun Life Banking ETF


1 Lakh

Investment Grown to
₹ 1.22 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Suitability:

This is a fund that invests mainly in shares of banks and financial services companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 15.47 -3.58 -5.14 -12.65 1.09 4.13 22.15 -- -- -- --
S&P BSE Bankex TRI 14.95 -3.55 -5.09 -12.98 1.82 4.74 21.90 -- -- -- --
Equity: Sectoral-Banking 17.81 -3.55 -5.25 -11.42 1.87 4.74 25.60 -- -- -- --
Rank within category 14 19 10 25 13 16 13 -- -- -- --
Number of funds in category 28 30 30 30 30 28 27 18 17 11 8

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Banking ETF  | Invest Online
Unrated
Oct-19 22.15 -- -- 0.16% 140
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 20.38 15.12 16.67 1.96% 3,106
Tata Banking and Financial Services Fund - Regular Plan  | Invest Online
4 star
Dec-15 21.80 15.95 16.10 2.45% 856
Sundaram Financial Services Opportunities Fund - Regular Plan
4 star
Jun-08 24.81 16.51 13.97 2.55% 485
Nippon India ETF Bank BeES  | Invest Online
Unrated
May-04 22.10 10.54 14.12 0.18% 10,655

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 17.56 26-May-2020 - 02-Jun-2020 -26.55 16-Mar-2020 - 23-Mar-2020
Month 28.67 22-May-2020 - 23-Jun-2020 -45.55 20-Feb-2020 - 23-Mar-2020
Quarter 48.50 24-Sep-2020 - 24-Dec-2020 -47.93 23-Dec-2019 - 23-Mar-2020
Year 101.87 23-Mar-2020 - 23-Mar-2021 -20.90 31-Oct-2019 - 30-Oct-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Bankex TRI* 21.13 32.75 0.53 0.63 -- --
Equity: Sectoral-Banking* 19.35 32.73 0.50 0.57 0.96 -1.03
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 12
Top 10 Stocks (%) 98.37
Top 5 Stocks (%) 87.05
Top 3 Sectors (%) 99.99
Portfolio P/B Ratio 2.56
Portfolio P/E Ratio 25.10

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,84,512 2,87,693
Giant (%) 87.05 74.70
Large (%) 5.20 10.32
Mid (%) 7.75 12.64
Small (%) -- 4.68
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down HDFC Bank Financial 24.13 32.49 25.92 26.60
down ICICI Bank Financial 23.61 22.90 18.19 22.90
down State Bank of India Financial 14.65 13.82 9.56 13.82
down Kotak Mahindra Bank Financial 38.99 16.30 11.39 12.28
down Axis Bank Financial 20.29 16.59 11.44 11.44
down Indusind Bank Financial 17.81 7.70 3.77 5.20
down AU Small Finance Bank Financial 30.49 2.34 0.00 2.01
equal Bandhan Bank Financial -- 2.75 0.00 1.49
equal The Federal Bank Financial 10.47 1.67 1.29 1.47
equal IDFC First Bank Financial -- 1.38 0.65 1.16
equal Punjab National Bank Financial 11.39 1.11 0.43 0.94
equal RBL Bank Financial -- 1.36 0.68 0.68

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Kedarnath Mirajkar since 05-Aug-2021

Education: Mr. Mirajkar has done PGDBM (Finance)

Experience: Prior to joining ABSLAMC, he has worked with HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.

Funds Managed:

— Lovelish Solanki since 16-Oct-2019

Education: He has done BMS and MMS in finance.

Experience: Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives - Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.

Funds Managed:


-3.58%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 358.6222


Investment Strategy

The Scheme seeks to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty Bank Index.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 23-Oct-2019
Return Since Launch: 10.53%
Benchmark: NIFTY Bank TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 140 Cr (As on 31-Oct-2021)
Expense: 0.16% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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