Aditya Birla Sun Life Nifty Bank ETF

An Open ended exchange traded fund tracking Nifty Bank Index
BSE Scrip Code: 542863 | Symbol: ABSLBANETF

Fund Category Exchange Traded Fund (ETF)

Investment Objective The investment objective of the Scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty Bank Index. However, the performance of scheme may differ from that of the underlying index due to tracking error. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

Fund Details
Fund Manager: Mr. Haresh Mehta & Mr. Pranav Gupta
Managing Fund Since: March 31, 2023 & June 08, 2022
Experience in Managing the Fund: 0.2 Years & 1.0 Years
Date of Allotment: October 23,2019
Type of Scheme: An Open ended exchange traded fund tracking Nifty Bank Index
Application Amount for fresh subscription:
Min. Addl. Investment (Market Makers):		 The Creation Unit size for the scheme shall be 10,000 units and in multiples thereof.
NAV: 45.0308
Benchmark: Nifty Bank TRI
Monthly Average AUM: 2798.22 Crores
AUM as on last day^: 2829.85 Crores
Load Structure (as % of NAV)
Entry Load: Nil
Exit Load: Nil
Other Parameters
Standard Deviation: 23.79%
Sharpe Ratio: 0.90
Beta: 1.00
Tracking Error (3 year) 0.13%
Total Expense Ratio (TER)
Including additional expenses and goods and service tax on management fees.
Regular 0.17%
Tracking Error
Regular 0.06%
Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns.
Risk Free Rate assumed to be 6.9% (FBIL Overnight MIBOR as on 30 June 2023) for calculating Sharpe Ratio
*Standard deviation of daily tracking difference computed for a 1 year horizon. If the fund is non-existent for 1 year then since inception returns are considered.

Data as on 30th June 2023 unless otherwise specified
^Net assets excludes aggregate investments by other schemes of Aditya Birla Sun Life Mutual Fund amounting to Rs. 3,501.13 Crs as on June 30, 2023.

Portfolio Holdings
Issuer
% to net Assets
Rating
Banks 99.53%  
HDFC Bank Limited 27.61%  
ICICI Bank Limited 24.02%  
State Bank of India 10.12%  
Axis Bank Limited 10.12%  
Kotak Mahindra Bank Limited 9.97%  
IndusInd Bank Limited 6.44%  
AU Small Finance Bank Limited 2.60%  
Bank of Baroda 2.55%  
The Federal Bank Limited 1.92%  
IDFC First Bank Limited 1.78%  
Bandhan Bank Limited 1.29%  
Punjab National Bank 1.10%  
Cash & Current Assets 0.47%  
Total Net Assets 100.00%  
  • Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes Co- Managed by Fund Managers is 15. Total Schemes managed by Mr. Haresh Mehta is 16. Total Schemes managed by Mr. Pranav Gupta is 17. Click here to know more on performance of schemes managed by Fund Managers.

Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 / 1800-22-7000 or from any of our Investor Service Centers.



This page is a part of the July 2023 Factsheet of Aditya Birla Sun Life Mutual Fund. Click on http://empower.abslmf.com/ for the digital factsheet.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.


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