Fincash » Mutual Funds » Best Banking & Financial Services Funds
Table of Contents
- Indian Banking Sector — Overview
- Top 7 Banking & Finance Mutual Funds to Invest in India
- How to Invest in Banking & Finance Mutual Funds?
Top 7 Equity - Sectoral Funds
- UTI Banking and Financial Services Fund
- TATA Banking and Financial Services Fund
- SBI Banking & Financial Services Fund
- ICICI Prudential Banking and Financial Services Fund
- LIC MF Banking & Financial Services Fund
- Baroda Pioneer Banking And Financial Services Fund
- Aditya Birla Sun Life Banking And Financial Services Fund
Top 7 Best Performing Banking & Financial Services Funds 2023
Banking and financial services sector funds are a type of equity sector funds that primarily invest in companies that cater to the banking and financial services. Over the last one year, banking sector funds have performed very strongly in the Market. In last 6 months, some of the top banking sector Mutual Funds have given an Average Return of 27 percent - 31 percent. Such high returns are always tempting and many investors flock towards Investing in such funds.
Ideally, an investor who has an experience of equities and also a good knowledge in the banking sector should only invest in these funds. To make your investing process easy, we have listed down India’s top performing baking sector funds.
Indian Banking Sector — Overview
The Indian banking system consists of 27 public sector banks, 26 private sector banks, 56 regional rural banks, 46 foreign banks, 93,913 rural cooperative banks and 1,574 urban cooperative banks, in addition to cooperative credit institutions. Some of the major players in this sector are— HDFC Bank, State Bank of India, ICICI Bank Limited, Yes Bank, etc. Public sector banks control more than 70 per cent of the banking system assets, thereby leaving a comparatively smaller share for its private peers.
Though, there are many promising and leading companies in this sector, investors should not forget that sector Equity Funds are the riskiest amongst all the equity funds. Thus, experienced investors with a high-risk appetite and who wants to invest for a long-term, should ideally should consider investing in funds below.
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Top 7 Banking & Finance Mutual Funds to Invest in India
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) UTI Banking and Financial Services Fund Growth ₹171.018
↓ -2.29 ₹1,170 -5.6 1.3 12.9 16.1 10.6 19.5 TATA Banking and Financial Services Fund Growth ₹38.3879
↓ -0.69 ₹2,378 -6.7 0.9 10.7 16.8 12.3 22 SBI Banking & Financial Services Fund Growth ₹38.2244
↓ -0.56 ₹6,548 -3.5 4.6 21.4 18.4 13.6 18.6 ICICI Prudential Banking and Financial Services Fund Growth ₹119.93
↓ -1.54 ₹9,026 -7.4 2.5 13.2 14.9 11.4 17.9 LIC MF Banking & Financial Services Fund Growth ₹19.1268
↓ -0.34 ₹263 -7.7 -5.5 2.4 14.2 9.2 20.5 Baroda Pioneer Banking And Financial Services Fund Growth ₹43.6401
↓ -0.69 ₹204 -5.5 4.4 13.6 17.4 10.7 20.5 Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹54.86
↓ -0.96 ₹3,270 -8.2 -0.5 10 15.2 11.7 21.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 20 Dec 24 Banking & Financial Services mutual funds having AUM/Net Assets higher than 100 Crore.
(Erstwhile UTI Banking Sector Fund) Investment objective is "capital appreciation" through investments in the stocks of the companies/institutions engaged in the banking and financial services activities. UTI Banking and Financial Services Fund is a Equity - Sectoral fund was launched on 7 Apr 04. It is a fund with High risk and has given a Below is the key information for UTI Banking and Financial Services Fund Returns up to 1 year are on The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India. TATA Banking and Financial Services Fund is a Equity - Sectoral fund was launched on 28 Dec 15. It is a fund with High risk and has given a Below is the key information for TATA Banking and Financial Services Fund Returns up to 1 year are on The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized. SBI Banking & Financial Services Fund is a Equity - Sectoral fund was launched on 26 Feb 15. It is a fund with High risk and has given a Below is the key information for SBI Banking & Financial Services Fund Returns up to 1 year are on ICICI Prudential Banking and Financial Services Fund is an Open-ended equity scheme that seeks 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. However, there can be no assurance that the investment objective of the Scheme will be realized. ICICI Prudential Banking and Financial Services Fund is a Equity - Sectoral fund was launched on 22 Aug 08. It is a fund with High risk and has given a Below is the key information for ICICI Prudential Banking and Financial Services Fund Returns up to 1 year are on The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that is invested substantially in equity and equity related securities of companies engaged in banking & financial services sector. However, there can be no assurance that the investment objective of the Scheme will be realised. LIC MF Banking & Financial Services Fund is a Equity - Sectoral fund was launched on 27 Mar 15. It is a fund with High risk and has given a Below is the key information for LIC MF Banking & Financial Services Fund Returns up to 1 year are on The investment objective is to generate long-term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector. Baroda Pioneer Banking And Financial Services Fund is a Equity - Sectoral fund was launched on 22 Jun 12. It is a fund with High risk and has given a Below is the key information for Baroda Pioneer Banking And Financial Services Fund Returns up to 1 year are on The primary investment objective of the Scheme is to generate long-term capital appreciation to unit holders 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. Aditya Birla Sun Life Banking And Financial Services Fund is a Equity - Sectoral fund was launched on 14 Dec 13. It is a fund with High risk and has given a Below is the key information for Aditya Birla Sun Life Banking And Financial Services Fund Returns up to 1 year are on 1. UTI Banking and Financial Services Fund
CAGR/Annualized return of 14.7% since its launch. Ranked 20 in Sectoral category. Return for 2023 was 19.5% , 2022 was 15.1% and 2021 was 14.3% . UTI Banking and Financial Services Fund
Growth Launch Date 7 Apr 04 NAV (20 Dec 24) ₹171.018 ↓ -2.29 (-1.32 %) Net Assets (Cr) ₹1,170 on 30 Nov 24 Category Equity - Sectoral AMC UTI Asset Management Company Ltd Rating ☆☆☆ Risk High Expense Ratio 2.28 Sharpe Ratio 1.07 Information Ratio 0.56 Alpha Ratio 3.12 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹8,897 30 Nov 21 ₹11,062 30 Nov 22 ₹12,587 30 Nov 23 ₹13,890 30 Nov 24 ₹16,854 Returns for UTI Banking and Financial Services Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Dec 24 Duration Returns 1 Month 1.1% 3 Month -5.6% 6 Month 1.3% 1 Year 12.9% 3 Year 16.1% 5 Year 10.6% 10 Year 15 Year Since launch 14.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 19.5% 2022 15.1% 2021 14.3% 2020 -5.3% 2019 11.6% 2018 -6.8% 2017 43.5% 2016 13% 2015 -11.3% 2014 64% Fund Manager information for UTI Banking and Financial Services Fund
Name Since Tenure Preethi S 2 May 22 2.59 Yr. Data below for UTI Banking and Financial Services Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 94.78% Technology 1.78% Asset Allocation
Asset Class Value Cash 3.44% Equity 96.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANK19% ₹218 Cr 1,675,000
↑ 230,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK15% ₹181 Cr 1,005,927 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | AXISBANK6% ₹70 Cr 620,000 State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBIN5% ₹63 Cr 750,000 Shriram Finance Ltd (Financial Services)
Equity, Since 31 Jan 24 | SHRIRAMFIN5% ₹59 Cr 196,736 HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Jul 24 | HDFCLIFE4% ₹46 Cr 697,890 India Shelter Finance Corporation Ltd (Financial Services)
Equity, Since 31 Dec 23 | INDIASHLTR4% ₹46 Cr 714,617 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | KARURVYSYA4% ₹44 Cr 1,876,541 REC Ltd (Financial Services)
Equity, Since 30 Nov 23 | RECLTD4% ₹44 Cr 832,500 Nippon Life India Asset Management Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Jul 23 | NAM-INDIA3% ₹37 Cr 544,423 2. TATA Banking and Financial Services Fund
CAGR/Annualized return of 16.2% since its launch. Return for 2023 was 22% , 2022 was 16.9% and 2021 was 11.9% . TATA Banking and Financial Services Fund
Growth Launch Date 28 Dec 15 NAV (20 Dec 24) ₹38.3879 ↓ -0.69 (-1.76 %) Net Assets (Cr) ₹2,378 on 30 Nov 24 Category Equity - Sectoral AMC Tata Asset Management Limited Rating Risk High Expense Ratio 0 Sharpe Ratio 0.81 Information Ratio 0.7 Alpha Ratio -1.32 Min Investment 5,000 Min SIP Investment 150 Exit Load 0-3 Months (0.25%),3 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹9,938 30 Nov 21 ₹11,978 30 Nov 22 ₹13,637 30 Nov 23 ₹15,781 30 Nov 24 ₹18,648 Returns for TATA Banking and Financial Services Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Dec 24 Duration Returns 1 Month 0.3% 3 Month -6.7% 6 Month 0.9% 1 Year 10.7% 3 Year 16.8% 5 Year 12.3% 10 Year 15 Year Since launch 16.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 22% 2022 16.9% 2021 11.9% 2020 2.7% 2019 25.7% 2018 -0.1% 2017 45% 2016 17.8% 2015 2014 Fund Manager information for TATA Banking and Financial Services Fund
Name Since Tenure Amey Sathe 14 Oct 21 3.13 Yr. Data below for TATA Banking and Financial Services Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 98.61% Asset Allocation
Asset Class Value Cash 1.39% Equity 98.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | HDFCBANK23% ₹547 Cr 3,150,000
↑ 110,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 53221510% ₹227 Cr 1,960,000
↑ 360,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK9% ₹215 Cr 1,665,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK6% ₹147 Cr 850,000
↑ 105,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹81 Cr 990,000 PNB Housing Finance Ltd (Financial Services)
Equity, Since 31 Oct 21 | PNBHOUSING3% ₹73 Cr 750,000 SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Mar 20 | SBICARD2% ₹58 Cr 840,000
↑ 30,000 Max Financial Services Ltd (Financial Services)
Equity, Since 31 Aug 20 | 5002712% ₹58 Cr 450,000 HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Jul 19 | HDFCLIFE2% ₹58 Cr 800,000 ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Jun 19 | ICICIGI2% ₹58 Cr 300,000 3. SBI Banking & Financial Services Fund
CAGR/Annualized return of 14.6% since its launch. Return for 2023 was 18.6% , 2022 was 13.5% and 2021 was 12.1% . SBI Banking & Financial Services Fund
Growth Launch Date 26 Feb 15 NAV (20 Dec 24) ₹38.2244 ↓ -0.56 (-1.44 %) Net Assets (Cr) ₹6,548 on 30 Nov 24 Category Equity - Sectoral AMC SBI Funds Management Private Limited Rating Risk High Expense Ratio 1.91 Sharpe Ratio 2.09 Information Ratio 0.9 Alpha Ratio 12.7 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹10,111 30 Nov 21 ₹11,953 30 Nov 22 ₹13,497 30 Nov 23 ₹14,937 30 Nov 24 ₹19,504 Returns for SBI Banking & Financial Services Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Dec 24 Duration Returns 1 Month 2.1% 3 Month -3.5% 6 Month 4.6% 1 Year 21.4% 3 Year 18.4% 5 Year 13.6% 10 Year 15 Year Since launch 14.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 18.6% 2022 13.5% 2021 12.1% 2020 4.8% 2019 20.7% 2018 9.5% 2017 40.7% 2016 17% 2015 2014 Fund Manager information for SBI Banking & Financial Services Fund
Name Since Tenure Milind Agrawal 1 Aug 19 5.34 Yr. Pradeep Kesavan 1 Dec 23 1 Yr. Data below for SBI Banking & Financial Services Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 87.47% Asset Allocation
Asset Class Value Cash 12.53% Equity 87.47% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK22% ₹1,409 Cr 10,835,814 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANK15% ₹981 Cr 5,464,715 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK8% ₹521 Cr 2,950,000 Muthoot Finance Ltd (Financial Services)
Equity, Since 31 Dec 22 | MUTHOOTFIN4% ₹287 Cr 1,497,294
↓ -9,253 State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBIN4% ₹263 Cr 3,135,000 Nippon Life India Asset Management Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Aug 23 | NAM-INDIA3% ₹194 Cr 2,832,550 PB Fintech Ltd (Financial Services)
Equity, Since 31 Aug 24 | 5433903% ₹176 Cr 929,470
↑ 86,712 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Aug 22 | KARURVYSYA2% ₹157 Cr 6,633,974
↓ -169,305 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 30 Apr 24 | CHOLAHLDNG2% ₹156 Cr 955,052 AAVAS Financiers Ltd (Financial Services)
Equity, Since 31 Jan 24 | AAVAS2% ₹154 Cr 917,438 4. ICICI Prudential Banking and Financial Services Fund
CAGR/Annualized return of 16.4% since its launch. Return for 2023 was 17.9% , 2022 was 11.9% and 2021 was 23.5% . ICICI Prudential Banking and Financial Services Fund
Growth Launch Date 22 Aug 08 NAV (20 Dec 24) ₹119.93 ↓ -1.54 (-1.27 %) Net Assets (Cr) ₹9,026 on 30 Nov 24 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆☆ Risk High Expense Ratio 1.98 Sharpe Ratio 1.03 Information Ratio 0.5 Alpha Ratio 0.82 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹8,910 30 Nov 21 ₹11,646 30 Nov 22 ₹13,147 30 Nov 23 ₹14,595 30 Nov 24 ₹17,478 Returns for ICICI Prudential Banking and Financial Services Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Dec 24 Duration Returns 1 Month 0% 3 Month -7.4% 6 Month 2.5% 1 Year 13.2% 3 Year 14.9% 5 Year 11.4% 10 Year 15 Year Since launch 16.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 17.9% 2022 11.9% 2021 23.5% 2020 -5.5% 2019 14.5% 2018 -0.4% 2017 45.1% 2016 21.1% 2015 -7.2% 2014 69% Fund Manager information for ICICI Prudential Banking and Financial Services Fund
Name Since Tenure Roshan Chutkey 29 Jan 18 6.84 Yr. Sharmila D’mello 30 Jun 22 2.42 Yr. Data below for ICICI Prudential Banking and Financial Services Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 95.06% Industrials 0.19% Technology 0.19% Asset Allocation
Asset Class Value Cash 4.57% Equity 95.43% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK22% ₹1,959 Cr 11,286,672
↑ 29,949 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | ICICIBANK19% ₹1,668 Cr 12,906,483 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 5322156% ₹530 Cr 4,569,548
↓ -42,935 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | KOTAKBANK6% ₹509 Cr 2,940,967 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 23 | 5000345% ₹431 Cr 625,740
↑ 264,493 SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 17 | SBILIFE5% ₹413 Cr 2,547,856 IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Apr 24 | INDUSINDBK4% ₹391 Cr 3,704,882
↑ 2,264,626 State Bank of India (Financial Services)
Equity, Since 31 Oct 08 | SBIN4% ₹388 Cr 4,729,482 HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 23 | HDFCLIFE4% ₹365 Cr 5,065,853 ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 19 | ICICIGI2% ₹220 Cr 1,147,114
↓ -52,751 5. LIC MF Banking & Financial Services Fund
CAGR/Annualized return of 6.9% since its launch. Return for 2023 was 20.5% , 2022 was 19.6% and 2021 was 9.8% . LIC MF Banking & Financial Services Fund
Growth Launch Date 27 Mar 15 NAV (20 Dec 24) ₹19.1268 ↓ -0.34 (-1.75 %) Net Assets (Cr) ₹263 on 30 Nov 24 Category Equity - Sectoral AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 2.3 Sharpe Ratio 0.28 Information Ratio 0.27 Alpha Ratio -9.68 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹9,515 30 Nov 21 ₹11,057 30 Nov 22 ₹13,128 30 Nov 23 ₹14,704 30 Nov 24 ₹16,238 Returns for LIC MF Banking & Financial Services Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Dec 24 Duration Returns 1 Month 0.4% 3 Month -7.7% 6 Month -5.5% 1 Year 2.4% 3 Year 14.2% 5 Year 9.2% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.5% 2022 19.6% 2021 9.8% 2020 -2.1% 2019 19.9% 2018 -18% 2017 32.7% 2016 10.5% 2015 2014 Fund Manager information for LIC MF Banking & Financial Services Fund
Name Since Tenure Jaiprakash Toshniwal 6 Sep 21 3.24 Yr. Data below for LIC MF Banking & Financial Services Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 94.24% Technology 2.12% Consumer Cyclical 2.02% Asset Allocation
Asset Class Value Cash 1.62% Equity 98.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | HDFCBANK24% ₹63 Cr 349,534 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK11% ₹28 Cr 218,200 State Bank of India (Financial Services)
Equity, Since 31 Mar 20 | SBIN8% ₹22 Cr 259,104
↑ 74,967 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | AXISBANK7% ₹20 Cr 173,243 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Sep 23 | PFC3% ₹9 Cr 183,242 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 24 | KOTAKBANK3% ₹8 Cr 45,259 Mahindra & Mahindra Financial Services Ltd (Financial Services)
Equity, Since 31 Dec 23 | M&MFIN3% ₹7 Cr 259,925 CSB Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Aug 22 | CSBBANK3% ₹7 Cr 224,468 IIFL Finance Ltd (Financial Services)
Equity, Since 31 Jan 24 | IIFL2% ₹6 Cr 151,011 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 22 | CREDITACC2% ₹6 Cr 67,962 6. Baroda Pioneer Banking And Financial Services Fund
CAGR/Annualized return of 12.5% since its launch. Ranked 32 in Sectoral category. Return for 2023 was 20.5% , 2022 was 15.7% and 2021 was 8% . Baroda Pioneer Banking And Financial Services Fund
Growth Launch Date 22 Jun 12 NAV (20 Dec 24) ₹43.6401 ↓ -0.69 (-1.56 %) Net Assets (Cr) ₹204 on 30 Nov 24 Category Equity - Sectoral AMC Baroda Pioneer Asset Management Co. Ltd. Rating ☆☆ Risk High Expense Ratio 2.37 Sharpe Ratio 1.2 Information Ratio 0.89 Alpha Ratio 3.64 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹9,498 30 Nov 21 ₹10,892 30 Nov 22 ₹12,513 30 Nov 23 ₹13,955 30 Nov 24 ₹17,218 Returns for Baroda Pioneer Banking And Financial Services Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Dec 24 Duration Returns 1 Month 1.5% 3 Month -5.5% 6 Month 4.4% 1 Year 13.6% 3 Year 17.4% 5 Year 10.7% 10 Year 15 Year Since launch 12.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.5% 2022 15.7% 2021 8% 2020 -1% 2019 23.1% 2018 1.2% 2017 32.9% 2016 8.7% 2015 -11.8% 2014 59% Fund Manager information for Baroda Pioneer Banking And Financial Services Fund
Name Since Tenure Sandeep Jain 14 Mar 22 2.72 Yr. Arjun Bagga 21 Oct 24 0.11 Yr. Data below for Baroda Pioneer Banking And Financial Services Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 94.39% Technology 1.39% Asset Allocation
Asset Class Value Cash 2.04% Equity 97.6% Debt 0.36% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 14 | HDFCBANK22% ₹45 Cr 250,450
↑ 40,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK18% ₹37 Cr 285,000 State Bank of India (Financial Services)
Equity, Since 30 Jun 12 | SBIN7% ₹14 Cr 171,500 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | AXISBANK6% ₹11 Cr 100,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 13 | KOTAKBANK4% ₹9 Cr 51,400
↑ 12,500 Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 24 | BAJAJFINSV3% ₹6 Cr 37,500 Bajaj Housing Finance Ltd (Financial Services)
Equity, Since 30 Sep 24 | BAJAJHFL2% ₹5 Cr 374,965 Power Finance Corp Ltd (Financial Services)
Equity, Since 31 May 23 | PFC2% ₹5 Cr 100,000
↑ 15,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 21 | BAJFINANCE2% ₹5 Cr 7,476 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Jun 24 | SHRIRAMFIN2% ₹5 Cr 16,000 7. Aditya Birla Sun Life Banking And Financial Services Fund
CAGR/Annualized return of 16.7% since its launch. Ranked 3 in Sectoral category. Return for 2023 was 21.7% , 2022 was 11.5% and 2021 was 16.8% . Aditya Birla Sun Life Banking And Financial Services Fund
Growth Launch Date 14 Dec 13 NAV (20 Dec 24) ₹54.86 ↓ -0.96 (-1.72 %) Net Assets (Cr) ₹3,270 on 30 Nov 24 Category Equity - Sectoral AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 1.99 Sharpe Ratio 0.8 Information Ratio 0.37 Alpha Ratio -1.12 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹9,542 30 Nov 21 ₹12,071 30 Nov 22 ₹13,355 30 Nov 23 ₹15,311 30 Nov 24 ₹18,028 Returns for Aditya Birla Sun Life Banking And Financial Services Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Dec 24 Duration Returns 1 Month 0.4% 3 Month -8.2% 6 Month -0.5% 1 Year 10% 3 Year 15.2% 5 Year 11.7% 10 Year 15 Year Since launch 16.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 21.7% 2022 11.5% 2021 16.8% 2020 1.1% 2019 14.9% 2018 -2.4% 2017 47.6% 2016 15.7% 2015 -0.5% 2014 65.8% Fund Manager information for Aditya Birla Sun Life Banking And Financial Services Fund
Name Since Tenure Dhaval Gala 26 Aug 15 9.27 Yr. Dhaval Joshi 21 Nov 22 2.03 Yr. Data below for Aditya Birla Sun Life Banking And Financial Services Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 94.18% Technology 3.44% Asset Allocation
Asset Class Value Cash 2.38% Equity 97.62% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | ICICIBANK20% ₹645 Cr 4,993,129 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | HDFCBANK18% ₹579 Cr 3,336,948 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322157% ₹223 Cr 1,927,100 State Bank of India (Financial Services)
Equity, Since 31 Oct 17 | SBIN6% ₹193 Cr 2,351,492 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 5000345% ₹161 Cr 233,725 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 Jan 20 | CHOLAHLDNG4% ₹115 Cr 667,972 Computer Age Management Services Ltd Ordinary Shares (Technology)
Equity, Since 31 Dec 23 | CAMS3% ₹112 Cr 252,692 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Jun 23 | SHRIRAMFIN3% ₹106 Cr 337,916 Repco Home Finance Ltd (Financial Services)
Equity, Since 31 Dec 13 | 5353223% ₹99 Cr 2,095,955 AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | 5406113% ₹89 Cr 1,446,861
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