📊 Equity Fund · Deep Analysis

Aditya Birla Sun Life Banking and Financial Services Fund

Aditya Birla Sun Life Mutual Fund · Direct Growth · SEBI Category: Equity

Current NAV ₹72.8200 (+1.05% today) As of 17 Jul 2026
1 Year Return +3.5%
3 Year CAGR +12.7% p.a.
5 Year CAGR +12.4% p.a.
AAUM ₹3.5K Cr Jan–Mar 2026
All data from RightAdvise DB - calculated from 2,595 daily NAV records
Fund Overview

Aditya Birla Sun Life Banking and Financial Services Fund - Quick Summary

Aditya Birla Sun Life Banking & Financial Services Fund is managed by ABSL Mutual Fund — a large, well-established fund house with deep equity research infrastructure. The fund has been operational since 2013 — one of the longer track records in the banking sector fund category. This long history means investors can evaluate performance across the full NPA cycle (2014-2018), IL&FS crisis (2018), COVID period (2020) and the subsequent banking recovery.

The fund covers the banking and financial services sector comprehensively — private sector banks, PSU banks, NBFCs, insurance companies, housing finance companies and payment intermediaries. ABSL MF's research team's depth in financial sector analysis, combined with Dhaval Joshi's long sector specialist tenure, makes this one of the more research-intensive banking sector fund offerings.

Fund House
Aditya Birla Sun Life Mutual Fund
SEBI Category
Equity
Benchmark
Nifty Financial Services TRI
Fund Manager
Dhaval Joshi
AMFI Code
125597
Risk Level
Very High
NAV Records in DB
2,595 days
Quarterly Average AUM · Jan–Mar 2026
₹3.5K Cr
↓ Decreased by 1.4% vs Oct–Dec 2025 · ₹3.6K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Experienced investors with conviction on India's banking and financial sector. Those who want a banking sector fund with long track record for evaluation. Investors using this as satellite allocation alongside diversified equity funds.
Long track record since 2013 — performance data across full NPA cycle and recovery available. ABSL MF's deep financial sector research infrastructure. Comprehensive sector coverage across banking, NBFC, insurance and payments. Well-established fund house with strong institutional backing.
✗ Not Suitable For
First-time or conservative investors. Those who cannot handle the sector's volatile nature during credit stress events. Investors wanting primary equity exposure from a single fund.
Who Runs This Fund

Fund Manager

DJ
Dhaval Joshi
Aditya Birla Sun Life Mutual Fund · Managing since March 2016

Dhaval Joshi is Fund Manager at Aditya Birla Sun Life Mutual Fund and manages the ABSL Banking & Financial Services Fund. He brings deep banking sector expertise — understanding the nuances of bank asset quality, credit growth cycles, net interest margins and regulatory capital requirements. His long tenure managing this specific fund has built a comprehensive understanding of the sector across multiple economic cycles.

For current co-manager details and full biography, refer to the latest Aditya Birla Sun Life Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view - not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 125597
The official AMFI scheme code for Aditya Birla Sun Life Banking and Financial Services Fund Direct Growth is 125597. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
ABSL Banking & Financial Services Fund has delivered its best returns during banking sector recovery phases — 2014-2015 and 2020-2022. During banking sector stress (2018-2020 NPA cycle), the fund underperformed diversified equity funds significantly. Understanding the banking credit cycle is essential for timing entry and exit from this sector fund.
Investment Objective
As per Scheme Information Document
To generate long term growth of capital by investing predominantly in equity and equity related instruments of companies which are members of the banking and financial services industry.
All Data Below - From RightAdvise Database
Performance

Fund Returns

Calculated from 2,595 daily NAV records in RightAdvise DB. Last calculated: Jul 2026.

1M / 3M / 6M / 1Y - simple point-to-point return  ·  3Y / 5Y / 10Y - CAGR (compounded annual growth rate)

1 MonthPoint-to-point
+2.1%
3 MonthPoint-to-point
+3.4%
6 MonthPoint-to-point
-1.0%
1 YearPoint-to-point
+3.5%
3 YearCAGR
+12.7% p.a.
5 YearCAGR
+12.4% p.a.
10 YearCAGR
+13.4% p.a.
₹1 Lakh → 5YLump sum growth
₹184,168

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+106.6%
May 2020 – May 2021
Worst 1Y WindowSimple return
-39.6%
Mar 2019 – Apr 2020
Best 3Y CAGRCAGR p.a.
+37.2% p.a.
May 2020 – Jun 2023
Worst 3Y CAGRCAGR p.a.
-9.4% p.a.
Apr 2017 – May 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point - not CAGR.

2025
+18.6%
2024
+9.8%
2023
+22.9%
2022
+12.6%
2021
+18.0%
2020
+2.3%
2019
+16.1%
2018
-1.3%
2017
+49.5%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date - not one cherry-picked number. Learn more →

1Y Rolling Avg
17.3%
Positive in 82% of windows
Best: 106.6% · Worst: -39.6%
3Y Rolling Avg
14.1% p.a.
Positive in 91% of windows
Best: 37.2% · Worst: -9.4%
5Y Rolling Avg
14.7% p.a.
Positive in 100% of windows
Best: 30.5% · Worst: 6.5%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV - what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-47.5%
Jan 2020 → Mar 2020
Recovered: Dec 2020 (1yr 1mo)
Current from Peak
-2.4%
All-time Peak: ₹73.84
Peak date: Feb 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn\'t exist during that period.

2024–25 Tariff / Correction
-13.6%
Sep 27, 2024 – Apr 7, 2025
Recovered: Apr 2025 (4 mos)
COVID-19 Crash
-46.3%
Feb 19 – Mar 23, 2020
Recovered: Dec 2020 (1yr 1mo)
2022 Rate Hike Cycle
-18.8%
Jan 17 – Jun 17, 2022
Recovered: Sep 2022 (4 mos)
2018 IL&FS Crisis
-22.2%
Aug 28 – Oct 26, 2018
Recovered: May 2019 (10 mos)
Drawdown Chart % fall from rolling peak NAV · full history
Valuation Signal

NAV vs 200-Day Moving Average

When NAV is above 200 DMA the fund is in an uptrend. When below, it signals caution. Calculated from NAV data in DB.

Current NAV
-
200 DMA
-
NAV vs DMA
-
Calculating...
NAV vs 200 DMA Last 400 trading days
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV - industry standard. Risk-free rate: 6.5% p.a. Last updated: Jul 2026. What do these mean? →

Sharpe Ratio (3Y)
0.49
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
0.70
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
15.8%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what Aditya Birla Sun Life Banking and Financial Services Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes - from official AMC disclosures.

Full current portfolio - all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Equity Funds

See how Aditya Birla Sun Life Banking and Financial Services Fund ranks against other Equity funds on returns, drawdown, Sharpe ratio and AAUM - side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.