Aditya Birla Sun Life Nifty Bank ETF
Equity
regular
Sector - Financial Services
NAV: ₹ 47.43 as on 18-04-2024
Fund Performance
About the 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 . The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Nifty Bank ETF has ₹2630 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.2.
Aditya Birla Sun Life Nifty Bank ETF Overview
 | 0.17% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹2630 Cr |
 | 24 October, 2019 |
 | --/-- |
 | 0% |
 | No Lock-in |
 TurnOver | 22.06% |
Aditya Birla Sun Life Nifty Bank ETF Distribution as on (31-Mar-24)
Size breakup
Large cap
92.8%
Mid cap
7.1%
Sector Allocation
Financial Services
100%
Top Holdings of Aditya Birla Sun Life Nifty Bank ETF as on (31-Mar-24)
Equity Holdings12
Aditya Birla Sun Life Nifty Bank ETF: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.15% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 2.61% in Mar'24
AUM Change
- AUM of the fund stands at 2.5K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life Nifty Bank ETF portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Kotak Mahindra Bank Ltd | 4.8% |
 HDFC Bank Ltd | 4% |
 ICICI Bank Ltd | 1.9% |
Top Losers | 1M Return |
|---|---|
 Axis Bank Ltd | -0.6% |
 State Bank of India | 2.6% |
 IDFC First Bank Ltd | 8.8% |
Peer Analysis
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Aditya Birla Sun Life Nifty Bank ETF | 12.1% | 14.3% | - | 11.5% |
Aditya Birla Sun Life Nifty Bank ETF 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 11.52% since inception which is less than its category average return of 14.81%
Fund Allocations
This fund has an allocation of 99.93% in Equity, 0% in Debt and 0.07% in Cash related instruments
AUM size ₹2630 Cr
This fund has AUM of ₹2630 Cr which is more than its category average of ₹ 1551 Cr
Expense Ratio 0.17%
This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 1.35%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Nifty Bank ETF is ₹47.43 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Aditya Birla Sun Life Nifty Bank ETF | Absolute Returns | CAGR Returns |
1 Month Returns | 1.03% | 1.03% |
6 Month Returns | 7.14% | 7.14% |
1 Year Returns | 12.13% | 12.13% |
3 Years Returns | 49.35% | 14.31% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.17% as on March 2024
₹2630 Cr as on March 2024
HDFC Bank Ltd(28.98%), ICICI Bank Ltd(23.71%), Axis Bank Ltd(9.18%), State Bank of India(9.13%), Kotak Mahindra Bank Ltd(9.11%) as on March 2024
The alpha ratio for the Aditya Birla Sun Life Nifty Bank ETF for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Nifty Bank ETF | -0.15 | -0.18 | - |
As on March 2024
The alpha for Aditya Birla Sun Life Nifty Bank ETF 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 Nifty Bank ETF for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Nifty Bank ETF | 1 | 1 | - |
As on March 2024
The Beta for Aditya Birla Sun Life Nifty Bank ETF 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 Nifty Bank ETF for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Nifty Bank ETF | 0.7 | 0.5 | - |
As on March 2024
The sharpe ratio for Aditya Birla Sun Life Nifty Bank ETF 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 Nifty Bank ETF for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Nifty Bank ETF | 13.84 | 16.09 | - |
As on March 2024
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 0.85 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.