Aditya Birla Sun Life Banking and Financial Services Fund - Investment Information
- Equity
- Banking & Financial
- Very High
-
₹23.05
(-1.71%)
Current NAV 20-12-2024
-
-0.3%
Returns
-
Min. SIP ₹100
Min. Investment ₹1000
Investment Objective
The primary investment objective of the Scheme is to generate long-term capital appreciation to unitholders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.
Basic Details
Key Information About Investing Details.
- CategoryBanking & Financial
- KRACAMS
- Inv. PlanIDCW
- Launched In14-Dec-13
- BenchmarkNifty Financial Services TRI
- Fund TypeOpen Ended
- Fund HouseAditya Birla Sunlife Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size3263.64 Cr.
- Min. Investment₹1000
- Min. Sip Inv.₹100
- Min. Addl Inv.₹1000
- Expense Ratio1.99%
- Turn over20%
- Exit LoadAditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - IDCW charges 1.0% of sell value; if fund sold before 30 days. There are no other charges.
Fund Managers
Details of Managers and their Experience
Fund Manage : 7
Total AUM. : ₹23,597 Cr.
Fund Manage : 55
Total AUM. : ₹361,932 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCAditya Birla Sunlife Mutual Fund
- Emailcare.mutualfunds@adityabirlacapital.com
- Office No022-43568000
- Websitehttps://mutualfund.adityabirlacapital.com
- AddressOne World Center,Tower 1, 17th Flr, Jupiter Mills,Senapati Bapat Marg,Elphinstone Road Mumbai 400 013
Frequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.