Scheme
Aditya Birla Sun Life Banking and Financial Services Fund
Holds 41 companies worth ₹3,369 Cr in Sept 2026.
Fund house
Aditya BirlaThe fund house that runs this scheme.AUM
₹3,406 CrAditya Birla Sun Life Banking and Financial Services Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 7.1% on Aug 2026, ₹3,668 Cr.Largest holding
ICICI BankICICI Bank is 13.9% of this scheme's NAV.Fund manager
Dhaval GalaRuns it since 26 Aug 2015, as the fund house dates it.
Overview(1 Sept 2026)
Fund managers1
- Dhaval GalaFund manager · Aug 2015 · 20y
- Dhaval JoshiNov 2022 – Oct 2025
Key facts
- Benchmark
- Nifty Financial Services TRI
- Risk
- Very High
- Expense
- Regular 2.01% · Direct 1.15%
- Exit load
- 1% within 30 days
- Started
- 14 Dec 2013
- Minimum
- ₹1,000
Source.Its Scheme Summary Document as of 1 Sept 2026 at AMFI.
What changed(3 changes)
Aug 2026
1 change
- Expense ratio26 AugRegular 1.66% → 2.01%Direct 0.91% → 1.15%
Apr 2026
1 change
- Expense ratio1 AprRegular 2% → 1.66%Direct 1.04% → 0.91%
Oct 2025
1 change
- 2 Octran it as co-manager from Nov 2022
Source.Its filings at NSE, since Oct 2024.
Fund managers over time(Aug 2015 – now)
MainCoSlice201620182020202220242026
Costs(Oct 2024 – Sept 2026)
Direct plan, 26 Aug 2026
1.15%
Regular plan 2.01% · Exit load 1% within 30 days
Objective and risk(1 Sept 2026)
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. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.
Risk, type and benchmark
- Riskometer
- Very High
- At launch
- Very High
- Type
- An open ended equity scheme investing in the Banking & Financial Services sectors.
- Benchmark
- Nifty Financial Services TRI
Asset allocation it may hold% of NAV
- Equity & Equity related instruments of Banking & Financial Services CompaniesAllowed80–100%
- Equity and Equity related Instruments of companies other than aboveAllowed0–20%
- Units issued by InVITsAllowed0–10%Holds0.0%
- Money Market & Liquid* instrumentsAllowed0–20%Holds1.1%
- Units in Mutual FundsAllowed0–5%
Holds in Sept 2026.98.9% equity · 1.1% debt and cash
How to invest(1 Sept 2026)
Buying
- To start
- ₹1,000, then in multiples of ₹1
- To add
- ₹1,000, then in multiples of ₹1
- SIP how often
- OM,OW,FM,SM,DZ
- SIP dates
- Any Day(1 to 31) / Weekly(Monday to Friday)
- SIP minimum
- ₹100, then in multiples of ₹1
- SIP instalments
- 6
Selling and switching
- To redeem
- Rs.1 and multiples of Rs.1 thereafter or No minimum redemption criterion for Unit based redemption units
- Minimum balance
- ₹1 or 1E-3 units
- Switch minimum
- ₹1,000 or 1E-3 units
- Switch multiples
- ₹0.01
- STP how often
- Q,OM,OW,DZ
- STP dates
- 01,07,10,14,20,21,27,28
- STP minimum
- (OM/OW-Rs.500x12, Rs.1000x6) - (OQ-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20)
- STP instalments
- (OM/OW-Rs.500x12, Rs.1000x6) - (OQ-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20)
- SWP how often
- Q,OM,OW,DZ
- SWP dates
- 01,07,10,14,20,21,28
- SWP minimum
- (OM/OW/BZ - Rs.500x6) - (OQ - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)
- SWP instalments
- (OM/OW/BZ - Rs.500x6) - (OQ - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)
Scheme details(1 Sept 2026)
What it is
- Category
- Equity Scheme - Sectoral/ Thematic
- Offer
- 25 Nov 2013 to 9 Dec 2013
- Started
- 14 Dec 2013
- Reopened
- 15 Dec 2013
- Plans
- Growth
- Face value
- ₹10
- Listed
- No
How it is run
- Swing pricing
- No
- Side-pocketing
- No
- Custodian
- HDFC Bank Limited
- Auditor
- M/s Deloitte Haskins & Sells LLP
- Registrar
- Computer Age Management Services Limited
- SEBI code
- ABSL/O/E/SEC/13/11/0046