Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

You should look for a fund with better more consistent performance track record. However, funds returns unlikely to be different than its benchmark Nifty Financial Services, as the Funds portfolio is similar to its benchmark.

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is currently ₹3,264 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Axis Bank and account for 44% of its portfolio. Top 5 and 10 stocks of fund account for 55% and 71% of fund’s portfolio respectively.

Top three sectors of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan fund are BFSI, IT and Others accounting for 100% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Banks & Financial Service.

Dhaval Gala manages the Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan Fund.

Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan current PE ratio is 22.80 and PB ratio is 4.05

The asset allocation of Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is Stocks : 97.62%, Debt : 1.97% and Gold : 0.42%

The minimum SIP amount for Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹1000.00

The exit load for Aditya Birla Sun Life Banking and Financial Services Fund - Growth - Direct Plan is 1% on or before 30 days, Nil after 30 days