Aditya Birla Sun Life Nifty Bank Etf Overview
Category Other ETFs
BMSMONEY Rank 69
BMSMONEY Rating
Growth Option As On: 25-04-2024
NAV ₹48.86 (R) +0.63% (D) %
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 13.55% -46.58% -% -% -%
LumpSum Dir. P
SIP Reg. P 16.06% -2.35% -% -% -%
SIP Dir. P
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.95 -0.12 -0.47 -77.69% -0.27
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
55.35% -19.1% -91.42% 1.91 52.03%

NAV Date: 25-04-2024

Scheme Name NAV Rupee Change Percent Change
Aditya Birla Sun Life Nifty Bank ETF 48.86
0.3100
0.6300%

Review Date: March 28, 2024

The ETFs category has 87 funds. Performance of the Aditya Birla Sun Life Nifty Bank Etf has been analyzed on 19 performance parameters. Out of seven return parameters, the fund has zero return parameters in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved 69 (out of 87 funds), which is ok rank in the ETFs category.
Our ranking method uses a composite performance score to rank funds in a category. The score incorporates the fund's return, risk, and risk adjusted performance of the last three years.

The Aditya Birla Sun Life Nifty Bank Etf has poor return performance, as all 1 year and above return parameters are below average in ETFs category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Aditya Birla Sun Life Nifty Bank Etf has given return of 1.12% in last one month which is good as it is above average in ETFs.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Aditya Birla Sun Life Nifty Bank Etf has given return of -2.47% in last three month which is very poor as it is in the fourth quartile in ETFs.
  3. 6 Month Return%: Six month return shows funds performance in short period of time, the Aditya Birla Sun Life Nifty Bank Etf has given return of 6.27% in last six month which is very poor as it is in the fourth quartile in ETFs.
  4. 1 Year Return%: The Aditya Birla Sun Life Nifty Bank Etf has given return of 18.89% in last one year which is poor as it is in the below average in ETFs. The one year return rank of Aditya Birla Sun Life Nifty Bank Etf is 95 in 129 funds. The investment of ₹ 10,000 in this fund would have become ₹ 11889.0 in one year.
  5. 3 Year Return%: The Aditya Birla Sun Life Nifty Bank Etf has given return of -47.92% in last three year which is very poor as it is in the fourth quartile with rank of 81 in 85 funds. in ETFs.
  6. 1 Year SIP Return%: The Aditya Birla Sun Life Nifty Bank Etf has given return of 12.36% in last one year which is very poor as it is in the fourth quartile with rank of 93 in 121 funds. in ETFs.
  7. 3 Year SIP Return%: The Aditya Birla Sun Life Nifty Bank Etf has given return of -3.69% in last three year which is very poor as it is in the fourth quartile with rank of 75 in 77 funds. in ETFs.
    8. '
'

The Aditya Birla Sun Life Nifty Bank Etf has poor risk performance, as non of above risk paramerters are above average ETFs category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Aditya Birla Sun Life Nifty Bank Etf has standard deviation of 55.35 which is very poor as it is in the fourth quartile with risk rank of 46 in 47 funds. in ETFs.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Aditya Birla Sun Life Nifty Bank Etf has semi deviation of 52.03 which is very poor as it is in the fourth quartile with risk rank of 46 in 47 funds. in ETFs.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Aditya Birla Sun Life Nifty Bank Etf has max drawdown of -91.42% which is very poor as it is in the fourth quartile with risk rank of 47 in 47 funds. in ETFs.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Aditya Birla Sun Life Nifty Bank Etf has 1Y VaR at 95% of -19.1% which is very poor as it is in the fourth quartile with risk rank of 37 in 47 funds. in ETFs.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Aditya Birla Sun Life Nifty Bank Etf has average drawdown of -32.32% which is very poor as it is in the fourth quartile with risk rank of 42 in 47 funds. in ETFs.
    6. '
'

The Aditya Birla Sun Life Nifty Bank Etf has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in ETFs category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Aditya Birla Sun Life Nifty Bank Etf has Sterling Ratio of -0.47 which is very poor as it is in the fourth quartile with risk rank of 45 in 47 funds. in ETFs.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Aditya Birla Sun Life Nifty Bank Etf has Sortino Ratio of -0.12 which is very poor as it is in the fourth quartile with risk rank of 43 in 47 funds. in ETFs.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Aditya Birla Sun Life Nifty Bank Etf has Jensen Alpha of -77.69% which is very poor as it is in the fourth quartile with risk rank of 47 in 47 funds. in ETFs.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Aditya Birla Sun Life Nifty Bank Etf has Treynor Ratio of -0.27 which is very poor as it is in the fourth quartile with risk rank of 40 in 47 funds. in ETFs.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Aditya Birla Sun Life Nifty Bank Etf has Modigliani Square Measure of -10.76% which is very poor as it is in the fourth quartile with risk rank of 43 in 47 funds. in ETFs.
  6. Alpha %: It is a measure of risk-adjusted return. The Aditya Birla Sun Life Nifty Bank Etf has Alpha of -63.77% which is very poor as it is in the fourth quartile with risk rank of 43 in 47 funds. in ETFs.
    7. '
'


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 4.04
2.61
-5.70 | 8.75 36 | 129
Yes
No
No
3M Return % 6.66
1.81
-89.69 | 21.75 42 | 129
Yes
No
No
6M Return % 14.59
18.49
-89.03 | 65.67 89 | 129
No
No
No
1Y Return % 13.55
26.28
-88.87 | 107.70 95 | 129
No
No
No
3Y Return % -46.58
7.28
-48.39 | 56.54 82 | 87
No
No
Yes
1Y SIP Return % 16.06
33.58
-16.88 | 126.18 88 | 121
No
No
No
3Y SIP Return % -2.35
17.21
-17.77 | 63.88 78 | 80
No
No
Yes
Standard Deviation 55.35
24.27
12.87 | 55.65 46 | 47
No
No
Yes
Semi Deviation 52.03
19.82
8.24 | 52.10 46 | 47
No
No
Yes
Max Drawdown % -91.42
-30.26
-91.42 | -8.96 47 | 47
No
No
Yes
VaR 1 Y % -19.10
-16.34
-30.81 | -10.27 37 | 47
No
No
Yes
Average Drawdown % -32.32
-13.05
-91.31 | -3.15 42 | 47
No
No
Yes
Sharpe Ratio -0.95
0.31
-0.98 | 1.22 44 | 47
No
No
Yes
Sterling Ratio -0.47
0.56
-0.49 | 1.77 45 | 47
No
No
Yes
Sortino Ratio -0.12
0.27
-0.15 | 0.74 43 | 47
No
No
Yes
Jensen Alpha % -77.69
-15.84
-77.69 | 1.23 47 | 47
No
No
Yes
Treynor Ratio -0.27
0.03
-0.61 | 1.02 40 | 47
No
No
Yes
Modigliani Square Measure % -10.76
12.04
-14.28 | 47.68 43 | 47
No
No
Yes
Alpha % -63.77
-14.89
-65.16 | -0.04 43 | 47
No
No
Yes
Return data last Updated On : April 25, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
Standard Deviation 55.35 24.27 12.87 | 55.65 46 | 47
No
No
Yes
Semi Deviation 52.03 19.82 8.24 | 52.10 46 | 47
No
No
Yes
Max Drawdown % -91.42 -30.26 -91.42 | -8.96 47 | 47
No
No
Yes
VaR 1 Y % -19.10 -16.34 -30.81 | -10.27 37 | 47
No
No
Yes
Average Drawdown % -32.32 -13.05 -91.31 | -3.15 42 | 47
No
No
Yes
Sharpe Ratio -0.95 0.31 -0.98 | 1.22 44 | 47
No
No
Yes
Sterling Ratio -0.47 0.56 -0.49 | 1.77 45 | 47
No
No
Yes
Sortino Ratio -0.12 0.27 -0.15 | 0.74 43 | 47
No
No
Yes
Jensen Alpha % -77.69 -15.84 -77.69 | 1.23 47 | 47
No
No
Yes
Treynor Ratio -0.27 0.03 -0.61 | 1.02 40 | 47
No
No
Yes
Modigliani Square Measure % -10.76 12.04 -14.28 | 47.68 43 | 47
No
No
Yes
Alpha % -63.77 -14.89 -65.16 | -0.04 43 | 47
No
No
Yes
Return data last Updated On : April 25, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.63 ₹ 10063.0 ₹
1W 1.93 ₹ 10193.0 ₹
1M 4.04 ₹ 10404.0 ₹
3M 6.66 ₹ 10666.0 ₹
6M 14.59 ₹ 11459.0 ₹
1Y 13.55 ₹ 11355.0 ₹
3Y -46.58 ₹ 1524.0 ₹
5Y - ₹ - ₹
7Y - ₹ - ₹
10Y - ₹ - ₹
15Y - ₹ - ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 16.061 ₹ 13019.736 ₹
3Y ₹ 36000 -2.3486 ₹ 34712.388 ₹
5Y ₹ 60000 - ₹ - ₹
7Y ₹ 84000 - ₹ - ₹
10Y ₹ 120000 - ₹ - ₹
15Y ₹ 180000 - ₹ - ₹


Date NAV Regular Growth NAV Direct Growth
25-04-2024 48.8621 None
24-04-2024 48.5541 None
23-04-2024 48.3341 None
22-04-2024 48.2885 None
19-04-2024 47.9357 None
18-04-2024 47.4275 None
16-04-2024 47.8463 None
15-04-2024 48.137 None
12-04-2024 48.9347 None
09-04-2024 49.1024 None
08-04-2024 48.9526 None
05-04-2024 48.8638 None
04-04-2024 48.4287 None
03-04-2024 47.9894 None
02-04-2024 47.9102 None
01-04-2024 47.9435 None
28-03-2024 47.4875 None
27-03-2024 47.1467 None
26-03-2024 46.9664 None
22-03-2024 47.2329 None
21-03-2024 47.0529 None
20-03-2024 46.6763 None
19-03-2024 46.7509 None
18-03-2024 46.9437 None
15-03-2024 46.9627 None
14-03-2024 47.1602 None
13-03-2024 47.3533 None
12-03-2024 47.6569 None
11-03-2024 47.703 None
07-03-2024 48.2157 None
06-03-2024 48.3466 None
05-03-2024 47.9594 None
04-03-2024 47.8337 None
01-03-2024 47.6636 None
29-02-2024 46.4887 None
28-02-2024 46.3299 None
27-02-2024 46.9599 None
26-02-2024 46.9484 None
23-02-2024 47.186 None
22-02-2024 47.295 None
21-02-2024 47.3959 None
20-02-2024 47.4712 None
19-02-2024 46.9084 None
16-02-2024 46.7564 None
15-02-2024 46.5891 None
14-02-2024 46.2763 None
13-02-2024 45.8673 None
12-02-2024 45.2425 None
09-02-2024 46.0012 None
08-02-2024 45.374 None
07-02-2024 46.1867 None
06-02-2024 46.0582 None
05-02-2024 46.1944 None
02-02-2024 46.3415 None
01-02-2024 46.5612 None
31-01-2024 46.368 None
30-01-2024 45.7342 None
29-01-2024 45.8095 None
25-01-2024 45.2295 None
24-01-2024 45.4476 None
23-01-2024 45.38 None
19-01-2024 46.0728 None
18-01-2024 46.0854 None
17-01-2024 46.4395 None
16-01-2024 48.5171 None
15-01-2024 48.5508 None
12-01-2024 48.0993 None
11-01-2024 47.8259 None
10-01-2024 47.748 None
09-01-2024 47.6291 None
08-01-2024 47.8386 None
05-01-2024 48.5537 None
04-01-2024 48.5911 None
03-01-2024 48.0964 None
02-01-2024 48.1538 None
01-01-2024 48.6306 None
29-12-2023 48.6896 None
28-12-2023 48.9079 None
27-12-2023 48.6813 None
26-12-2023 48.1196 None
22-12-2023 47.8856 None
21-12-2023 48.237 None
20-12-2023 47.8391 None
19-12-2023 48.2684 None
18-12-2023 48.2654 None
15-12-2023 48.5442 None
14-12-2023 48.1298 None
13-12-2023 47.4847 None
12-12-2023 47.4903 None
11-12-2023 47.709 None
08-12-2023 47.657 None
07-12-2023 47.2332 None
06-12-2023 47.2265 None
05-12-2023 47.4059 None
04-12-2023 46.8204 None
01-12-2023 45.1907 None
30-11-2023 44.8557 None
29-11-2023 44.9413 None
28-11-2023 44.2502 None
24-11-2023 44.1383 None
23-11-2023 43.9452 None
22-11-2023 43.8165 None
21-11-2023 44.0582 None
20-11-2023 43.9533 None
17-11-2023 43.9529 None
16-11-2023 44.5355 None
15-11-2023 44.5762 None
13-11-2023 44.2635 None
10-11-2023 44.1923 None
09-11-2023 44.0549 None
08-11-2023 44.0299 None
07-11-2023 44.11 None
06-11-2023 43.9907 None
03-11-2023 43.6876 None
02-11-2023 43.3842 None
01-11-2023 43.0655 None
31-10-2023 43.2119 None
30-10-2023 43.4069 None
27-10-2023 43.1481 None
26-10-2023 42.6422 None
25-10-2023 43.1992 None
23-10-2023 43.5216 None
20-10-2023 44.0989 None
19-10-2023 44.1308 None
18-10-2023 44.2663 None
17-10-2023 44.7918 None
16-10-2023 44.6068 None
13-10-2023 44.67 None
12-10-2023 44.9842 None
11-10-2023 44.9014 None
10-10-2023 44.7435 None
09-10-2023 44.266 None
06-10-2023 44.7448 None
05-10-2023 44.5965 None
04-10-2023 44.3453 None
03-10-2023 44.7841 None
29-09-2023 44.9718 None
28-09-2023 44.686 None
27-09-2023 44.9802 None
26-09-2023 45.0165 None
25-09-2023 45.1598 None
22-09-2023 45.0049 None
21-09-2023 45.0169 None
20-09-2023 45.7844 None
18-09-2023 46.3852 None
15-09-2023 46.6395 None
14-09-2023 46.4069 None
13-09-2023 46.3149 None
12-09-2023 45.9135 None
11-09-2023 45.9735 None
08-09-2023 45.5561 None
07-09-2023 45.2758 None
06-09-2023 44.8026 None
05-09-2023 44.9268 None
04-09-2023 44.9734 None
01-09-2023 44.8306 None
31-08-2023 44.3642 None
30-08-2023 44.6094 None
29-08-2023 44.8738 None
28-08-2023 44.8733 None
25-08-2023 44.6092 None
24-08-2023 44.8755 None
23-08-2023 44.8585 None
22-08-2023 44.3703 None
21-08-2023 44.3792 None
18-08-2023 44.228 None
17-08-2023 44.2687 None
16-08-2023 44.3243 None
14-08-2023 44.4694 None
11-08-2023 44.5783 None
10-08-2023 44.9105 None
09-08-2023 45.2504 None
08-08-2023 45.2464 None
07-08-2023 45.1193 None
04-08-2023 45.162 None
03-08-2023 44.7918 None
02-08-2023 45.2754 None
01-08-2023 45.8738 None
31-07-2023 45.9327 None
28-07-2023 45.7498 None
27-07-2023 45.9619 None
26-07-2023 46.346 None
25-07-2023 46.1284 None
24-07-2023 46.2068 None
21-07-2023 46.3599 None
20-07-2023 46.472 None
19-07-2023 45.9539 None
18-07-2023 45.6953 None
17-07-2023 45.7345 None
14-07-2023 45.1037 None
13-07-2023 44.9478 None
12-07-2023 44.9224 None
11-07-2023 45.0312 None
10-07-2023 45.1474 None
07-07-2023 45.2123 None
06-07-2023 45.6234 None
05-07-2023 45.4353 None
04-07-2023 45.5853 None
03-07-2023 45.4418 None
30-06-2023 45.0308 None
28-06-2023 44.6107 None
27-06-2023 44.4073 None
26-06-2023 43.9257 None
23-06-2023 43.9079 None
22-06-2023 44.0033 None
21-06-2023 44.138 None
20-06-2023 44.0452 None
19-06-2023 43.9123 None
16-06-2023 44.2178 None
15-06-2023 43.7221 None
14-06-2023 44.267 None
13-06-2023 44.3591 None
12-06-2023 44.2235 None
09-06-2023 44.2688 None
08-06-2023 44.2751 None
07-06-2023 44.5555 None
06-06-2023 44.4448 None
05-06-2023 44.382 None
02-06-2023 44.2186 None
01-06-2023 44.0382 None
31-05-2023 44.3765 None
30-05-2023 44.5964 None
29-05-2023 44.472 None
26-05-2023 44.1782 None
25-05-2023 43.8415 None
24-05-2023 43.8381 None
23-05-2023 44.115 None
22-05-2023 44.0456 None
19-05-2023 44.1305 None
18-05-2023 43.9134 None
17-05-2023 43.8599 None
16-05-2023 44.0653 None
15-05-2023 44.1004 None
12-05-2023 43.8221 None
11-05-2023 43.5038 None
10-05-2023 43.3596 None
09-05-2023 43.2268 None
08-05-2023 43.3129 None
05-05-2023 42.6902 None
04-05-2023 43.7153 None
03-05-2023 43.3425 None
02-05-2023 43.382 None
28-04-2023 43.2643 None
27-04-2023 43.0313 None
26-04-2023 42.8604 None
25-04-2023 42.709 None

Fund Launch Date: 23/Oct/2019
Fund Category: Other ETFs
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 Description: An Open ended exchange traded fund tracking Nifty Bank Index
Fund Benchmark: Nifty Bank Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.