Aditya Birla Sun Life Banking & Financial Services Fund - Direct Plan

Scheme Type
Open-ended
Scheme Category
Banking
Benchmark Type
Nifty Financial Services Index
Scheme AUM (in Crs.)
₹ 1532.27
Expense Ratio
1.33%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 249270
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
27.01
(0.63 %)
NAV as on 2018-11-14
Returns
Fund
Aditya Birla Sun Life Banking & Financial Services Fund - Direct Plan
1 Year
-4.36%
3 Year
18.33%
5 Year
22.28%
AMC Details
amc launch date
Launch Date
23 Dec 1994
amc sponsor
Sponsor
NA
amc email
Email
connect@birlasunlife.com
amc phone
Phone
022 - 43568000
amc address
Address
One India Bulls Centre ,Tower 1, 17th Flr, Jupiter Mill Compound, 841, S.B. Marg, Elphinstone Road Mumbai 400013
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
High
Exit Load
Exit load of 1% if redeemed within 365 days.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The scheme aims to maximize long term capital appreciation by investing primarily in equity & equity related securities of companies engaged in banking & financial services. The scheme would invest in banks as well as NBFC's, insurance companies, rating agencies, broking companies, etc.
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
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,924
Portfolio Value
-76
Total Returns