Share Fund
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.
Suitability
This product is suitable for investors who are seeking
• long term capital growth
• Investments in equity and equity related securities of companies engaged in banking andfinancial services
Scheme Class | Equity |
Scheme Category | Sector - Financial Services |
Expense Ratio | 1.03% |
Min subscription | ₹ 1,000 |
Scheme Type | Open-ended |
Scheme AUM (in Crs.) | ₹ 3,085 |
AMC AUM (in Crs.) | ₹ 2,49,270 |
Min Addition Subscription | ₹ 1,000 |
Benchmark Type | S&P BSE BANKEX INR |
Exit Load | Exit load of 1.0%, if redeemed between (0-30) days. No Exit load, if redeemed after 30 days. |
Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
---|---|---|---|
ICICI Prudential Banking and Financial Services - Direct Plan | 1000 | 1000 | 14.86% |
SBI Banking & Financial Services Fund - Direct Plan | 0 | 0 | 16.24% |
UTI Banking and Financial Services Fund - Direct Plan | 0 | 0 | 15.84% |
Nippon India Banking & Financial Services Fund - Direct Plan | 1000 | 1000 | 20.99% |
Company | Holding Type | Asset(%) |
---|---|---|
ICICI Bank Ltd | Equity | 17 |
HDFC Bank Ltd | Equity | 15 |
Axis Bank Ltd | Equity | 6 |
Bajaj Finance Ltd | Equity | 6 |
State Bank of India | Equity | 5 |
Poonawalla Fincorp Ltd | Equity | 4 |
Shriram Finance Ltd | Equity | 3 |
Clearing Corporation Of India Limited | Cash - Repurchase Agreement | 3 |
Bank of India | Equity | 3 |
Repco Home Finance Ltd | Equity | 3 |
Asset | Percent |
---|---|
Equity | 98 |
Cash - Repurchase Agreement | 3 |
Cash | 1 |
Mutual Fund - Open End | 0 |
Sector | Percent |
---|---|
Financial Services | 94 |
Cash - Repurchase Agreement | 3 |
Technology | 3 |
Cash | 1 |
Equity | 1 |
Fund Manager
Dhaval Gala
8+ years of experience
Dhaval Joshi
1+ years of experience
About
care.mutualfunds@adityabirlacapital.com
Phone
1800 22 7000
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road, Mumbai - 400 013