Aditya Birla Sun Life Banking & Financial Services Fund performance review analysis for December | Stock Market News
Aditya Birla Sun Life Banking & Financial Services Direct Growth performance review analysis for December: Aditya Birla Sun Life Banking & Financial Services Direct Growth, managed by the seasoned fund managers Dhaval Gala,Dhaval Joshi, remains a prominent player in the Sector – Financial Services. Aditya Birla Sun Life Banking & Financial Services Fund boasts an impressive AUM of ₹3263.64 crore. Under the guidance of Dhaval Gala,Dhaval Joshi, the fund adheres to its objective of 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 schemesâ objectives will be achieved.
Performance Analysis:
Over the past week, Aditya Birla Sun Life Banking & Financial Services Fund returned 0.83%, showing a positive delta of 2.03%. The one-month performance shows a negative trend, with the fund delivering 3.25%.
The performance over the longer durations is mentioned below:
Below is the list of top holdings in the fund:
Risk Measurement
Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund’s Sharpe Ratio stands at 0.87, while the three-year and five-year ratios are 0.62 and 0.43, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.
In terms of volatility, the standard deviation over the same periods— 13.00% for one year, 15.45% for three years, and 27.24% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.
In the last month, the fund acquired new positions in the following stocks:
The fund has increased its position in the following stocks:
The fund has reduced its holding in the following stocks:
Disclaimer: This is an AI-generated live story and has not been edited by LiveMint staff.
