Aditya Birla Sun Life Banking & Financial Services Regular Growth

• Alpha -6.95%
• Beta 1.12
• Sharpe Ratio0.83
• Std Deviation 12.50%
• Tracking Error 7.59%

The primary investment objective of the Scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

The Aditya Birla Sun Life Banking & Financial Services Regular Growth has an AUM of 3640.65 crores & has delivered CAGR of 11.25% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.96%. The minimum investment in Aditya Birla Sun Life Banking & Financial Services Regular Growth is Rs 1000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & High respectively.

The top holdings of the fund include ICICI Bank, HDFC Bank, AXIS Bank Ltd & State Bank of India.

The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Investment Services & Software & Programming.

Some of the similar funds are Nippon India Banking & Financial Services Fund Growth, Mirae Asset Banking and Financial Services Fund Regular Growth, Tata Banking & Financial Services Fund Regular Growth, Aditya Birla Sun Life Banking & Financial Services Regular Growth, HDFC Banking & Financial Services Fund Regular Growth. Aditya Birla Sun Life Banking & Financial Services Regular Growth has a sharpe ratio of 0.83 & a standard deviation of 12.50%.