Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth

NAV as on 29-04-2025

₹ 377.74

Inception Returns

8.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
182 people have invested ₹ 9.7L in Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth in the last three months

About Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth 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 Growth has ₹8588 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth has given a CAGR return of 8.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.87%, 7.44% and 7.12% respectively.

Holdings

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are Power Finance Corporation Ltd., Power Finance Corp Ltd. 7.6%, Small Industries Development Bank Of India, 7.1% Govt Stock 2034, State Bank Of India

Taxation

As it is a banking & psu mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth

To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth has no lock in period.

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth Overview

Expense ratio0.39%
Benchmark
NIFTY Banking & PSU Debt TR INR
AUM₹8588 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
282.83%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (29-Apr-25)

Period
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth
Banking and PSU Index
1M
1.5%
1.5%
3M
3.2%
2.7%
6M
5.1%
4.1%
1Y
9.9%
8.4%
3Y
7.4%
6.8%
5Y
7.1%
6.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Corporate
68.9%
Government
30.1%
Cash Equivalent
1%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 8.6K Cr
₹ 9.6K Cr
₹ 9.5K Cr
  • AUM of the fund stands at 8.6K Cr as of Mar'25
  • AUM decreased by 997.7 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Small Industries Development Bank Of India's allocation increased from 0.26% to 2.58%
Small Industries Development Bank Of India's allocation increased from 0.26% to 2.58%
Rural Electrification Corporation Limited's allocation increased from 0.22% to 1.84%
Rural Electrification Corporation Limited's allocation increased from 0.22% to 1.84%
Indian Railway Finance Corporation Limited's allocation increased from 0.16% to 1.53%
Indian Railway Finance Corporation Limited's allocation increased from 0.16% to 1.53%
Top Stocks sold last month
Power Finance Corporation Ltd.'s allocation decreased from 5.26 % to 3.17 %
Power Finance Corporation Ltd.'s allocation decreased from 5.26 % to 3.17 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 1.95 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 1.95 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 1.79 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 1.79 %
Cash allocation has gone down from 13.3% to 9.1%
Cash allocation has gone down from 13.3% to 9.1%
Debt allocation has gone up from 86.4% to 90.6%
Debt allocation has gone up from 86.4% to 90.6%

Top 3 Sectors in March were Financial Services, Corporate & Government

Mar'25
Financial Services
100%
Corporate
69%
Government
30%
Feb'25
Financial Services
100%
Corporate
64%
Government
32%
  • Debt & Cash

Holdings
Weight%
1M Change
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
3.51%
0%
Power Finance Corp Ltd. 7.6%
Power Finance Corp Ltd. 7.6%
2.95%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
2.85%
0%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
2.56%
-19.7%
State Bank Of India
State Bank Of India
2.48%
0%
  • Returns %

  • Fund Ratios

  • Overview

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Kaustubh Gupta
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth, since 29 September 2009
Harshil Suvarnkar
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth, since 22 March 2021
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.68L Cr
as on 31-Mar-2025
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com

Mutual Fund Insights

Insights icon
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 9.44% return, outperforming this fund by 2.01% per annum.
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This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.55%.
Insights icon
Over the last 1 month, this fund has experienced a 10.5% drop in AUM moving from 9.59K Cr to 8.58K Cr.
Insights icon
In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.61% return, outperforming this fund by 0.52% per annum.
Insights icon
In the last 1 year, DSP Banking & PSU Debt Fund Direct Growth has given 10.37% return, outperforming this fund by 0.54%.
Insights icon
Over the last 15 months, this fund has increased expense ratio by 8.3% moving from 0.36 to 0.39.

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.54% since inception which is more than its category average return of 6.19%
AUM size ₹8588 Cr

AUM size ₹8588 Cr

This fund has AUM of ₹8588 Cr which is more than its category average of ₹ 4102 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions for Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth

The current NAV of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth is ₹377.74 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.47%
1.47%
6 Month Returns
5.05%
5.05%
1 Year Returns
9.87%
9.87%
3 Years Returns
24.02%
7.44%
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.
0.39% as on March 2025
₹8588 Cr as on March 2025
Power Finance Corporation Ltd.(3.51%), Power Finance Corp Ltd. 7.6%(2.95%), Small Industries Development Bank Of India(2.85%), 7.1% Govt Stock 2034(2.56%), State Bank Of India(2.48%) as on March 2025
Corporate(64.62%), Government(32.15%), Cash Equivalent(3.23%) as on March 2025
Yield to Maturity is 7.22 as on March 2025. 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 3.52 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Kaustubh Gupta, Harshil Suvarnkar are the fund managers of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth
The Exit load of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth is 0%