Aditya Birla Sun Life Banking and Financial Services Fund vs Bandhan Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Banking and Financial Services Fund is a Thematic fund and Bandhan Financial Services Fund is a Sectoral fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Banking and Financial Services Fund (Direct) returned 9.0% a year and Bandhan Financial Services Fund (Direct) returned 12.7% a year. Aditya Birla Sun Life Banking and Financial Services Fund charges 1.14% a year and Bandhan Financial Services Fund 1.04% (Direct plans). Their portfolios overlap 58.0%: they hold 27 of the same securities.
Aditya Birla Sun Life Banking and Financial Services Fund
Thematic
- 3 year return
- 9.0%
- Expense ratio
- 1.14%
- NAV
- ₹65.69
Bandhan Financial Services Fund
Sectoral
- 3 year return
- 12.7%
- Expense ratio
- 1.04%
- NAV
- ₹14.56
Which is better, Aditya Birla Sun Life Banking and Financial Services or Bandhan Financial Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan Financial Services returned more over 3 years: 12.7% a year against 9.0%.
- Aditya Birla Sun Life Banking and Financial Services returned more over 1 year: −7.4% against −7.5%.
- Bandhan Financial Services costs less: 1.04% a year against 1.14% (Direct plans).
- Bandhan Financial Services swung less over 3 years: a standard deviation of 15.5% a year against 15.9%.
- Aditya Birla Sun Life Banking and Financial Services fell less in its worst fall since 31-07-2023: −16.4% against −17.3%.
- Aditya Birla Sun Life Banking and Financial Services is the larger fund: ₹3,406 Cr against ₹1,122 Cr.
- Their portfolios overlap 58.0%: 27 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Banking and Financial Services Fund | Bandhan Financial Services Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Bandhan Mutual Fund |
| Category | Thematic | Sectoral |
| AUM | ₹3,406 Cr (30-09-2026) | ₹1,122 Cr (31-08-2026) |
| NAV | ₹65.69 (Direct) | ₹14.56 (Direct) |
| Expense ratio (Direct) | 1.14% | 1.04% |
| Expense ratio (Regular) | 2.02% | 2.50% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 14-12-2013 | 28-07-2023 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Dhaval Gala | Ritu Modi, Harshvardhan Agrawal, Harshal Joshi, Ritika Behera, Gaurav Satra |
| Exit load | Exit load of 1% if redeemed within 30 days. | Exit load of 0.5%, if redeemed within 30 days. |
Aditya Birla Sun Life Banking and Financial Services vs Bandhan Financial Services: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Banking and Financial Services Fund (Direct) | −2.51% | −7.50% | −4.77% | −7.36% | +8.97% | +8.60% | +11.20% |
| Bandhan Financial Services Fund (Direct) | −2.92% | −7.06% | −2.09% | −7.55% | +12.68% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
| Sectoral average | −1.70% | −4.49% | +2.30% | −0.58% | +15.61% | -- | -- |
Category average: the average of the 235 Thematic funds and the 20 Sectoral funds, same plan type.
Aditya Birla Sun Life Banking and Financial Services vs Bandhan Financial Services: Year-wise Returns
| Year | Aditya Birla Sun Life Banking andAditya Birla Sun Life Banking and Financial Services | BandhanBandhan Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | −9.48% | −9.00% | −9.69% |
| 2025 | +18.58% | +13.50% | +18.60% |
| 2024 | +9.76% | +20.58% | +10.52% |
| 2023 | +22.93% | -- | +14.31% |
| 2022 | +12.56% | -- | +10.47% |
| 2021 | +17.97% | -- | +14.55% |
Aditya Birla Sun Life Banking and Financial Services vs Bandhan Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 62 of them, one for each trading day from 31-07-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Banking and Financial Services Fund (Direct)
Bandhan Financial Services Fund (Direct)
Nifty Financial Services TRI
to
Aug 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Banking and Financial Services | 0.0 | 0.0 | 46.8 | 53.2 | 0.0 | 0.0 | 0.0 | 10.4% | 10.3% | 8.2% | 12.6% | 65% |
| Bandhan Financial Services | 0.0 | 0.0 | 0.0 | 45.9 | 54.1 | 0.0 | 0.0 | 15.4% | 15.4% | 12.4% | 17.9% | 100% |
| Nifty Financial Services TRI | 0.0 | 0.0 | 54.8 | 45.2 | 0.0 | 0.0 | 0.0 | 10.0% | 9.9% | 7.9% | 11.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Financial Services TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 31-07-2023. Past returns do not promise future returns.
Aditya Birla Sun Life Banking and Financial Services vs Bandhan Financial Services: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-07-2023 to 30-10-2026: 40 instalments, ₹4,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Banking and Financial ServicesAditya Birla Sun Life Banking and Financial Services Fund (Direct) | ₹4,00,000 | ₹4,22,464 | ₹22,464 | 3.2% |
| Bandhan Financial ServicesBandhan Financial Services Fund (Direct) | ₹4,00,000 | ₹4,34,079 | ₹34,079 | 4.9% |
Aditya Birla Sun Life Banking and Financial ServicesAditya Birla Sun Life Banking and Financial Services Fund (Direct)
Bandhan Financial ServicesBandhan Financial Services Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Banking and Financial Services vs Bandhan Financial Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Banking and Financial Services Fund (Direct) | Bandhan Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.36% | −7.55% |
| Standard deviation | 17.41% | 17.13% |
| Sharpe ratio | -0.72 | -0.75 |
| Sortino ratio | -1.00 | -1.03 |
| Maximum drawdown | −16.4% (30-03-2026) | −17.3% (30-03-2026) |
| Beta | 0.96 | 0.94 |
| Alpha | +0.99% | +0.54% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Banking and Financial Services Fund (Direct) | Bandhan Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.97% | +12.68% |
| Standard deviation | 15.90% | 15.53% |
| Sharpe ratio | 0.19 | 0.43 |
| Sortino ratio | 0.26 | 0.60 |
| Maximum drawdown | −16.4% (30-03-2026) | −17.3% (30-03-2026) |
| Beta | 0.94 | 0.89 |
| Alpha | −0.57% | +3.33% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Banking and Financial Services Fund (Direct) | Bandhan Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.86% | +12.20% |
| Standard deviation | 20.43% | 15.30% |
| Sharpe ratio | 0.49 | 0.40 |
| Sortino ratio | 0.67 | 0.56 |
| Maximum drawdown | −47.5% (23-03-2020) | −17.3% (30-03-2026) |
| Beta | 0.94 | 0.89 |
| Alpha | +1.72% | +5.13% |
From daily NAVs, 18-12-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Banking and Financial Services Fund (Direct)
Bandhan Financial Services Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Banking and Financial Services Fund (Direct) | −16.4% | 18-02-2026 | 30-03-2026 | Not yet | -- | −11.0% |
| Bandhan Financial Services Fund (Direct) | −17.3% | 06-01-2026 | 30-03-2026 | Not yet | -- | −10.1% |
| Nifty Financial Services TRI | −17.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 31-07-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Banking and Financial Services Fund (Direct)
Bandhan Financial Services Fund (Direct)
Nifty Financial Services TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Banking and Financial Services Fund (Direct)
Bandhan Financial Services Fund (Direct)
Nifty Financial Services TRI
Against Nifty Financial Services TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Banking and Financial Services Fund (Direct) | 99% | 96% | 5.46% |
| Bandhan Financial Services Fund (Direct) | 104% | 76% | 7.83% |
From month-end values since 31-07-2023. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Aditya Birla Sun Life Banking and Financial Services vs Bandhan Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Banking and Financial Services Fund, September 2026; Bandhan Financial Services Fund, August 2026
Holdings in common
- Overlap
- 58.0%
- Held by both
- 27
- Only in Aditya Birla Sun Life Banking and Financial Services
- 14
- Only in Bandhan Financial Services
- 30
| Security | % of Aditya Birla Sun Life Banking and Financial Services | % of Bandhan Financial Services |
|---|---|---|
| ICICI Bank Ltd. | 13.86% | 14.72% |
| HDFC Bank Ltd. | 10.53% | 10.23% |
| Axis Bank Ltd. | 8.05% | 4.72% |
| Bajaj Finance Ltd. | 6.73% | 4.33% |
| State Bank of India | 5.05% | 3.91% |
| Kotak Mahindra Bank Ltd. | 3.62% | 5.59% |
| Shriram Finance Ltd. | 5.44% | 2.23% |
| City Union Bank Ltd. | 2.16% | 1.81% |
| RBL Bank Ltd. | 1.51% | 1.57% |
| ICICI Lombard General Insurance Company Ltd. | 1.88% | 1.19% |
| HDFC Life Insurance Company Ltd. | 1.04% | 1.27% |
| Ujjivan Small Finance Bank Ltd. | 1.65% | 0.99% |
| Prudent Corporate Advisory Services Ltd. | 0.93% | 1.20% |
| Piramal Finance Ltd. | 0.89% | 1.01% |
| ICICI Prudential Asset Management Company Ltd. | 1.23% | 0.84% |
| PB Fintech Ltd. | 1.76% | 0.76% |
| Cholamandalam Financial Holdings Ltd. | 1.12% | 0.72% |
| Billionbrains Garage Ventures Ltd. | 2.34% | 0.69% |
| 360 ONE WAM Ltd. | 0.66% | 0.55% |
| Star Health & Allied Insurance Co. Ltd. | 0.97% | 0.54% |
| SBI Life Insurance Co. Ltd. | 2.66% | 0.53% |
| HDB Financial Services Ltd. | 1.46% | 0.52% |
| Fusion Finance Ltd. | 0.52% | 1.06% |
| One 97 Communications Ltd. | 0.39% | 2.39% |
| Five Star Business Finance Ltd. | 0.57% | 0.39% |
| Mas Financial Services Ltd. | 0.17% | 0.22% |
| Karur Vysya Bank Ltd. | 0.71% | 0.15% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.0% means 58.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Banking and Financial Services Fund
| Security | % of fund |
|---|---|
| PNB Housing Finance Ltd. | 3.02% |
| AU Small Finance Bank Ltd. | 2.91% |
| Bank of Maharashtra | 2.84% |
| TATA Capital Ltd. | 2.18% |
| Aptus Value Housing Finance India Ltd. | 1.80% |
Largest holdings only in Bandhan Financial Services Fund
| Security | % of fund |
|---|---|
| Cholamandalam Investment and Finance Company Ltd | 3.15% |
| Max Financial Services Limited | 2.24% |
| Mahindra & Mahindra Financial Services Limited | 1.91% |
| Multi Commodity Exchange of India Limited | 1.83% |
| LIC Housing Finance Limited | 1.82% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Banking and Financial Services | Bandhan Financial Services |
|---|---|---|
| Equity | 98.9% | 98.3% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.1% | 1.7% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Banking and Financial Services | Bandhan Financial Services |
|---|---|---|
| Large Cap | 64.3% | 57.4% |
| Mid Cap | 12.8% | 19.0% |
| Small Cap | 19.7% | 21.9% |
| Not on AMFI's list | 2.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life Banking and Financial Services | Bandhan Financial Services |
|---|---|---|
| Banks | 54.5% | 50.4% |
| Finance | 26.2% | 25.5% |
| Capital Markets | 8.4% | 10.7% |
| Insurance | 7.6% | 7.8% |
| Financial Technology (Fintech) | 2.1% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Banking and Financial Services vs Bandhan Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Banking and Financial Services Fund | Bandhan Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.14% | 1.04% |
| Base expense ratio (Direct) | 0.90% | 0.66% |
| Total expense ratio (Regular) | 2.02% | 2.50% |
| Base expense ratio (Regular) | 1.66% | 1.92% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
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Compare Bandhan Financial Services with
Aditya Birla Sun Life Banking and Financial Services Fund vs Bandhan Financial Services Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Banking and Financial Services Fund and Bandhan Financial Services Fund?
Aditya Birla Sun Life Banking and Financial Services Fund is a Thematic fund, Bandhan Financial Services Fund is a Sectoral fund, run by Aditya Birla Sun Life Mutual Fund and Bandhan Mutual Fund. Their portfolios overlap 58.0%. Aditya Birla Sun Life Banking and Financial Services Fund charges 1.14% a year and Bandhan Financial Services Fund 1.04%.
Which has given higher returns, Aditya Birla Sun Life Banking and Financial Services Fund or Bandhan Financial Services Fund?
Over 1 year: Aditya Birla Sun Life Banking and Financial Services Fund −7.36%, Bandhan Financial Services Fund −7.55%. Over 3 years: Aditya Birla Sun Life Banking and Financial Services Fund +8.97% a year, Bandhan Financial Services Fund +12.68% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Banking and Financial Services Fund or Bandhan Financial Services Fund?
Bandhan Financial Services Fund charges less: 1.04% a year against 1.14%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Banking and Financial Services Fund and Bandhan Financial Services Fund overlap?
58.0%. They hold 27 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, AXISBANK. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Banking and Financial Services Fund or Bandhan Financial Services Fund?
On SEBI's riskometer, Aditya Birla Sun Life Banking and Financial Services Fund is rated Very High and Bandhan Financial Services Fund Very High. Over 3 years, the standard deviation of daily returns was 15.90% and 15.53% a year.
Which is better for SIP, Aditya Birla Sun Life Banking and Financial Services Fund or Bandhan Financial Services Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,83,994 in Aditya Birla Sun Life Banking and Financial Services Fund (XIRR 2.4% a year) and ₹3,90,431 in Bandhan Financial Services Fund (XIRR 3.4% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Banking and Financial Services Fund and Bandhan Financial Services Fund?
Yes. 58.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Aditya Birla Sun Life Banking and Financial Services Fund and Bandhan Financial Services Fund?
Aditya Birla Sun Life Banking and Financial Services Fund: Dhaval Gala. Bandhan Financial Services Fund: Ritu Modi, Harshvardhan Agrawal, Harshal Joshi, Ritika Behera, Gaurav Satra.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.