Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl
Equity
Direct
Sector - Financial Services
NAV: ₹ 22.5 as on 17-03-2023
Fund Performance
7 people have invested ₹ 1.2L in mutual fund in the last three months
Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl Performance as on (17-Mar-23)
About the Fund
Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 14 December, 2013. The fund is managed by Vinod Bhat, Dhaval Gala. The fund could potentially beat inflation in the long-run.
Key parameters
1) Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl has a NAV of ₹22.49 as on 17-03-2023.
2) Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl has ₹2385 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 1.17 %.
Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl Overview
 | 1.17% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹2385 Cr |
 | 14 December, 2013 |
 | ₹1000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 51.34% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
71%
Mid cap
14.9%
Small cap
9.4%
Sector Allocation
Financial Services
99.3%
Tech
0.7%
Top Holdings of Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl as on (28-Feb-23)
Equity Holdings33
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ICICI Bank Ltd | 16.19% | 7.1% | |
 HDFC Bank Ltd | 12.22% | 0% | |
 Axis Bank Ltd | 8.04% | 0% | |
 State Bank of India | 6.91% | 0% | |
 Bajaj Finance Ltd | 5.37% | 0% |
See all
Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -1.95% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.22% as on Feb'23
- This fund outperformed Nifty 500 by 0.26% in Feb'23
AUM Change
- AUM of the fund stands at 2.4K Cr as of Feb'23
- AUM decreased by 35.8 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Bank of India's allocation increased from 0% to 1.2%
Bandhan Bank Ltd's allocation increased from 2.77% to 3.02%
Cholamandalam Financial Holdings Ltd's allocation increased from 1.45% to 1.64%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 14.83 % to 14.49 %
HDFC Bank Ltd's allocation decreased from 12.68 % to 12.07 %
Axis Bank Ltd's allocation decreased from 8.38 % to 8.18 %
Mid Cap allocation has gone up from 14.5% to 14.9%
Large Cap allocation has gone up from 70% to 71%
Small Cap allocation has gone down from 10.4% to 9.4%
Cash allocation has gone down from 3.3% to 2.8%
Top 2 Sectors in February were Financial Services, Tech
Feb'23
Financial Services
99%
Tech
Jan'23
Financial Services
99%
Tech
Gainers & Losers in Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
PB Fintech Ltd | 38.7% |
 Mahindra & Mahindra Financial Services Ltd | 7.7% |
 Bajaj Finance Ltd | 5.1% |
Top Losers | 1M Return |
|---|---|
 Repco Home Finance Ltd | -14% |
Bank of India | -11.1% |
 HDFC Bank Ltd | -1.7% |
Peer Analysis
Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl Fund Manager
Vinod Bhat
Fund Manager of Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl, since 26 May 2022
Top funds managed
Dhaval Gala
Fund Manager of Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl, since 26 August 2015
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.22% since inception which is less than its category average return of 23.68%
Fund Allocations
This fund has an allocation of 97.2% in Equity, 0% in Debt and 2.8% in Cash related instruments
AUM size ₹2385 Cr
This fund has AUM of ₹2385 Cr which is more than its category average of ₹ 1378 Cr
Expense Ratio 1.17%
This fund has an expense ratio of 1.17% which is less than its category average expense ratio of 1.54%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is 22.28 as on 16-Mar-2023.
Existing (Absolute + CAGR)
Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -7.24% | -7.24% |
6 Month Returns | -7.36% | -7.36% |
1 Year Returns | 4.15% | 4.15% |
3 Years Returns | 64.07% | 17.95% |
5 Years Returns | 45.93% | 7.85% |
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1.15 as on February 2023
2385 Cr as on February 2023
ICICI Bank Ltd(16.19%),HDFC Bank Ltd(12.22%),Axis Bank Ltd(8.04%),State Bank of India(6.91%),Bajaj Finance Ltd(5.37%) as on February 2023
Financial Services(96.5%),Cash Equivalent(2.8%),Tech(0.69%) as on February 2023
The alpha ratio for the Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl | -0.08 | 0.82 | -3.45 |
As on February 2023
The alpha for Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl | 0.99 | 1.1 | 1.12 |
As on February 2023
The Beta for Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl | 0.16 | 0.36 | 0.26 |
As on February 2023
The sharpe ratio for Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl | 19.3 | 34.69 | 30.15 |
As on February 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.51 as on February 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.05 as on February 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Vinod Bhat,Dhaval Gala are the fund managers of Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Aditya Birla Sun Life Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is 1%
Mutual Fund execution provided by
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.