Aditya Birla Sun Life Nifty Bank ETF

Aditya Birla Sun Life Nifty Bank ETF is an equity fund. This fund was started on 24 October, 2019. The fund is managed by Priya Sridhar. The fund could potentially beat inflation in the long-run.

1. Aditya Birla Sun Life Nifty Bank ETF has ₹2284 Cr worth of assets under management (AUM) as on Apr 2026 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Aditya Birla Sun Life Nifty Bank ETF has given a CAGR return of 10.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.78%, 10.21% and 11.88% respectively.

Aditya Birla Sun Life Nifty Bank ETF has allocated its funds majorly in Cash Equivalent, Financial Services. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, Kotak Mahindra Bank Ltd

As it is a sector - financial services mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty Bank Index. However, the performance of scheme may differ from that of the underlying index due to tracking error. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Aditya Birla Sun Life Nifty Bank ETF has no lock in period.