Aditya Birla Sun Life Banking & Financial Services Fund Direct-Growth is an equity mutual fund offered by Aditya Birla Sun Life Mutual Fund. As of November 30, 2024, the fund manages assets of ₹3,263.64 crores, with its latest Net Asset Value (NAV) reported at ₹62.800.
The scheme has delivered a strong performance, with a one-year return of 18.87% and a remarkable three-year return of 53.73%. Since its inception, the fund has generated an impressive total return of 535.63%.
Aditya Birla Sun Life Banking & Financial Services Fund Return
| Period | This fund | Category average |
|---|---|---|
| 1 month | -0.35% | -0.49% |
| 3 months | -0.27% | 0.11% |
| 6 months | 9.73% | 10.68% |
| 1 year | 18.87% | 23.5% |
| 3 years | 15.41% | 17.93% |
| 5 years | 13.82% | 14.91% |
| 7 years | 11.84% | 13.34% |
| 10 years | 14.59% | 13.95% |
Aditya Birla Sun Life Banking & Financial Services Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
ICICI Bank Ltd.
|
Financial | Equity | 19.77% |
|
HDFC Bank Ltd.
|
Financial | Equity | 17.75% |
|
Axis Bank Ltd.
|
Financial | Equity | 6.85% |
|
State Bank of India
|
Financial | Equity | 5.91% |
|
Bajaj Finance Ltd.
|
Financial | Equity | 4.93% |
Sector Allocation in Aditya Birla Sun Life Banking & Financial Services Fund
| Sector | Percentage | Amount (₹) |
|---|---|---|
| Financial | 90.21% | ₹2,944.24 Cr |
| Insurance | 3.97% | ₹129.44 Cr |
| Services | 3.44% | ₹112.29 Cr |
| Others | 2.38% | ₹77.67 Cr |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
