Sharpe ratio
0.56Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+2.65%1Y Absolute Return
-0.60%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - GrowthFund 5Y annualised return | ₹9,52,560 | ₹7,32,612 | ₹2,19,948 | +10.71% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.17
₹1 Lakh since launch₹1.17 Lakh
Fund age12.9 yrs
Fund information
Scheme code125597
ISININF209K014W1
BenchmarkNIFTY Financial Services TRI
CategoryEquity Scheme - Sectoral/ Thematic
Expense ratio1.14%
Exit loadExit load of 1% if redeemed within 30 days.
Minimum SIP₹100 SIP
Return comparison
476th / 932 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +143.98% | — | — |
| 3M | +9.08% | — | — |
| 6M | +16.80% | — | — |
| 1Y | +2.65% | — | +4.16% |
| 3Y | +11.75% | — | +12.54% |
| 5Y | +10.71% | — | +10.04% |
| 10Y | +13.38% | — | — |
| Since Launch | +16.81% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.78Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
18.19%How much the fund’s returns fluctuate over time.
High volatility
Returns can swing significantly.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
0.35How well the fund rewarded investors relative to its biggest decline.
Low
Returns have been modest compared to the drawdowns experienced.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Allocation data has not been disclosed.
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 43 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 14.3074% |
| HDFC Bank Ltd | Financial | Equity | 10.3728% |
| Axis Bank Ltd | Financial | Equity | 7.7578% |
| Bajaj Finance Ltd | Financial | Equity | 6.8414% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 5.4126% |
| State Bank of India | Financial | Equity | 5.051% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 3.1629% |
| AU Small Finance Bank Ltd | Financial | Equity | 3.005% |
| SBI Life Insurance Company Ltd | Financial | Equity | 2.7514% |
| PNB Housing Finance Ltd | Financial | Equity | 2.6522% |
Fund management
DH
Dhaval Gala
Since 2015 · Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).
Mr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.
Compare similar funds
No comparable category funds are available yet.
Summary
A high-risk equity scheme - sectoral/ thematic fund. Ahead of its category average over 5Y by 0.7 points. Trailing its category average over 3Y by 0.8 points.
Strengths
- Ahead of its category average over 5Y by 0.7 points.
- Same fund manager for 11+ years — the strategy has not chopped and changed.
Weaknesses
- Trailing its category average over 3Y by 0.8 points.
- Top 10 holdings make up 61% — a handful of stocks can swing returns sharply.
- Has fallen sharply before — down -47.5% at its worst.
Ideal investor
- Needs a 5–7+ years horizon to ride out its high risk level.
- Good fit for SIPs — spreading purchases smooths out 18.2% volatility.
Risk drivers
- Top 10 holdings = 61% of the portfolio.
- Financial makes up 98% — trouble in that sector hits the whole fund.
- Corrections have been sharp — worst fall -47.5% with 18.2% volatility. Took 9 months to recover last time.