Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl
Debt
Direct
Banking & Psu
NAV: ₹ 111 as on 24-03-2023
Fund Performance
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl Performance as on (24-Mar-23)
About the Fund
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kaustubh Gupta, Harshil Suvarnkar. This fund is suitable to keep your money safe.
Key parameters
1) Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl has a NAV of ₹111.003 as on 24-03-2023.
2) Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl has ₹8006 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.37 %.
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl Overview
 | 0.37% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹8006 Cr |
 | 1 January, 2013 |
 | ₹1000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 304.31% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
96.4%
AA
3.6%
Sector Allocation
Government
48.1%
Corporate
44.2%
Cash Equivalent
7.7%
Top Holdings of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl as on (28-Feb-23)
Debt Holdings217
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 HDFC Bank Limited | 3.6% | 0% | |
Housing And Urban Development Corporation Limited | 3.42% | 0% | |
Small Industries Development Bank Of India | 3.18% | 9.8% | |
National Bank For Agriculture And Rural Development | 2.99% | 10.4% | |
State Bank Of India | 2.22% | 0% |
See all
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.35% whereas the fund’s underlying benchmark Banking and PSU Index returns stands at 0.21% as on Feb'23
- This fund outperformed Banking and PSU Index by 0.13% in Feb'23
AUM Change
- AUM of the fund stands at 8K Cr as of Feb'23
- AUM decreased by 5.6 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Small Industries Development Bank Of India's allocation increased from 0.9% to 3.18%
Bank Of Baroda's allocation increased from 0.13% to 1.55%
Power Finance Corporation Ltd.'s allocation increased from 0.13% to 1.55%
Top Stocks sold last month
HDFC Bank Limited's allocation decreased from 4.23 % to 3.6 %
National Bank For Agriculture And Rural Development's allocation decreased from 2.99 % to 1.87 %
Housing And Urban Development Corporation Limited's allocation decreased from 3.42 % to 1.8 %
Debt allocation has gone up from 75.5% to 77.2%
Cash allocation has gone down from 24.5% to 22.8%
Top 2 Sectors in February were Corporate, Government
Feb'23
Government
48%
Corporate
44%
Jan'23
Corporate
49%
Government
45%
Peer Analysis
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl Fund Manager
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl, since 29 September 2009
Top funds managed
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl, since 22 March 2021
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.9% since inception which is more than its category average return of 5.41%
AUM size ₹8006 Cr
This fund has AUM of ₹8006 Cr which is more than its category average of ₹ 3500 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.48%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl is 110.87 as on 20-Mar-2023.
Existing (Absolute + CAGR)
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 2.75% | 2.75% |
1 Year Returns | 4.39% | 4.39% |
3 Years Returns | 20.55% | 6.43% |
5 Years Returns | 36.48% | 6.42% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.37 as on February 2023
7994 Cr as on February 2023
Yield to Maturity is 7.76 as on February 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.36 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 96.42 |
AA | 3.58 |
Kaustubh Gupta,Harshil Suvarnkar are the fund managers of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl
The Exit load of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl is 0%