1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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 multi-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
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.51 | -0.31 | -2.07 | -8.90 | -4.40 | 27.86 | 51.41 | -- | -- | -- | -- |
| S&P BSE Bankex TRI | -1.64 | -0.28 | -2.18 | -8.24 | -4.17 | 27.93 | 50.71 | -- | -- | -- | -- |
| Equity: Sectoral-Banking | 0.22 | -0.17 | -2.14 | -8.14 | -4.13 | 28.01 | 49.03 | -- | -- | -- | -- |
| Rank within category | 14 | 25 | 17 | 17 | 15 | 11 | 6 | -- | -- | -- | -- |
| Number of funds in category | 28 | 28 | 28 | 28 | 28 | 25 | 23 | 17 | 17 | 11 | 8 |
As on 20-Apr-2021
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Banking ETF - Regular Plan | Invest Online | Oct-19 | 51.41 | -- | -- | 0.16 | 114 | |
| SBI Banking & Financial Services Fund - Regular Plan | Invest Online |  |
Feb-15 | 51.61 | 11.09 | 17.88 | 2.33 | 2,371 |
| Tata Banking and Financial Services Fund - Regular Plan | Invest Online |  |
Dec-15 | 44.25 | 8.96 | 16.40 | 2.57 | 660 |
| Nippon India ETF Bank BeES | Invest Online | May-04 | 51.30 | 7.28 | 13.69 | 0.18 | 8,257 | |
| Kotak Banking ETF Fund Regular | Invest Online | Dec-14 | 51.04 | 7.21 | 13.72 | 0.18 | 7,278 |
| 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 |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -- | -- | -- | -- | -- | -- |
| S&P BSE Bankex TRI* | 16.96 | 33.51 | 0.37 | 0.44 | -- | -- |
| Equity: Sectoral-Banking* | 13.21 | 34.01 | 0.28 | 0.31 | 0.97 | -3.40 |
| 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-Mar-2021
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| Number of Stocks | 13 |
| Top 10 Stocks (%) | 98.37 |
| Top 5 Stocks (%) | 87.27 |
| Top 3 Sectors (%) | 99.92 |
| Portfolio P/B Ratio | 2.32 |
| Portfolio P/E Ratio | 27.62 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 3,26,719 | 2,37,647 |
| Giant (%) | 87.33 | 75.14 |
| Large (%) | 6.59 | 8.82 |
| Mid (%) | 6.07 | 13.30 |
| Small (%) | -- | 6.30 |
| Tiny (%) | -- | -- |
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| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
|
HDFC Bank | Financial | 24.08 | 32.49 | 25.92 | 28.47 |
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ICICI Bank | Financial | 26.22 | 20.50 | 18.19 | 20.50 |
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Axis Bank | Financial | 66.70 | 16.59 | 12.00 | 13.22 |
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Kotak Mahindra Bank | Financial | 36.17 | 16.30 | 12.37 | 13.09 |
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State Bank of India | Financial | 12.68 | 13.27 | 9.56 | 11.99 |
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Indusind Bank | Financial | 28.17 | 7.70 | 3.77 | 4.62 |
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AU Small Finance Bank | Financial | 28.94 | 2.21 | 0.00 | 2.21 |
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Bandhan Bank | Financial | 19.03 | 2.75 | 0.00 | 1.97 |
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Federal Bank | Financial | 9.78 | 1.67 | 1.29 | 1.30 |
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IDFC First Bank | Financial | 74.22 | 1.18 | 0.65 | 1.00 |
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RBL Bank | Financial | 18.35 | 1.36 | 0.80 | 0.80 |
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Punjab National Bank | Financial | 33.93 | 0.87 | 0.43 | 0.76 |
|
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Yes Bank | Financial | -- | 1.29 | 0.00 | 0.00 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Mar-2021
— 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:
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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.
| 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 |
| Fund House: | Aditya Birla Sun Life Mutual Fund |
| Launch Date: | 23-Oct-2019 |
| Return Since Launch: | 4.15% |
| Benchmark: | NIFTY Bank TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | ₹ 114 Cr (As on 31-Mar-2021) |
| Expense: | 0.16% (As on 30-Sep-2020) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | -- |
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
Friday, 23-Apr-2021
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