Aditya Birla SL Banking and Financial Services Fund
The scheme aims to maximize long term capital appreciation by investing primarily in equity & equity related securities of companies engaged in banking & financial services. The scheme would invest in banks as well as NBFCs, insurance companies, rating agencies, broking companies, etc.
Growthvine rating: 2/5 — ranked #62 of 87 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹57.71 (as of 2026-10-23) |
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| AUM | ₹3,406 Cr |
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| Expense ratio | 1.65% |
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| Riskometer | Very High |
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| Fund manager | Dhaval Gala |
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| Exit load | 1% for redemption within 30 days |
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Performance & risk
| 5-year annualised return | 8.71% |
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| Sharpe ratio | 0.17 |
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| Standard deviation | 16.75% |
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| Max drawdown | −47.58% |
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| Alpha | -0.66 |
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| Beta | 1.01 |
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Over 5 years, captured 110.3% of NIFTY Financial Services's upside and 102.3% of its downside.
Market cap allocation
| Large cap | 65.1% |
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| Mid cap | 12.9% |
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| Small cap | 22.0% |
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Concentration
| Top 5 holdings | 44.6% |
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| Top 10 holdings | 62.0% |
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| Total holdings | 41 |
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Top holdings
- ICICI Bank Ltd. — 13.9%
- HDFC Bank Ltd. — 10.5%
- AXIS Bank Ltd. — 8.1%
- Bajaj Finance Limited — 6.7%
- Shriram Finance Limited — 5.4%
- State Bank Of India — 5.1%
- Kotak Mahindra Bank Ltd. — 3.6%
- PNB Housing Finance Limited — 3.0%
- AU Small Finance Bank Limited — 2.9%
- Bank of maharashtra — 2.8%
Top sectors
- Banking & Financial — 62.9%
- Finance & Investments — 26.2%
- Miscellaneous — 7.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −10.4% | Q4 (Bottom) | #59 of 76 |
| 2025 | 17.5% | Q1 (Top) | #7 of 69 |
| 2024 | 8.7% | Q4 (Bottom) | #54 of 58 |
| 2023 | 21.7% | Q4 (Bottom) | #39 of 48 |
| 2022 | 11.5% | Q2 | #19 of 46 |