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

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

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Debt
Direct
Banking & Psu
NAV: ₹ 345.71 as on 17-05-2024

About the Fund

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Harshil Suvarnkar, Kaustubh Gupta. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth has ₹10089 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.
Fund Performance
zero opening, trading, fund transfer fee
138 people have invested ₹ 20.7L in Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
0.38%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹10089 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
297.44%

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
97.8%
AA
2.2%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
58.5%
Government
38.2%
Cash Equivalent
3.2%

Top Holdings of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings183
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
5.27%
43.4%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
4.68%
-3.1%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.41%
-6.8%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
2.98%
0%
Power Finance Corp Ltd. 7.6%
Power Finance Corp Ltd. 7.6%
2.98%
9.1%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 10K Cr
₹ 10.1K Cr
₹ 9.7K Cr
  • AUM of the fund stands at 10K Cr as of Apr'24
  • AUM decreased by 13.2 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
Over the last 3 months, this fund has increased expense ratio by 5.6% moving from 0.36 to 0.38.
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In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.49% return, outperforming this fund by 0.22% per annum.
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This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.38% which is lower than the category average expense ratio of 0.55%.
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In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.52% return, outperforming this fund by 1.83% per annum.
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Over the last 6 months, this fund has experienced a 23.8% growth in AUM moving from 8.15K Cr to 10.08K Cr.
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In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.62% return, outperforming this fund by 0.55%.

Fund Manager

Harshil Suvarnkar
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth, since 22 March 2021
Kaustubh Gupta
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth, since 29 September 2009

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

Risk meter
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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 8.45% since inception which is more than its category average return of 5.49%
AUM size ₹10089 Cr

AUM size ₹10089 Cr

This fund has AUM of ₹10089 Cr which is more than its category average of ₹ 3678 Cr
Expense Ratio 0.38%

Expense Ratio 0.38%

This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 0.49%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth is ₹345.71 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.75%
0.75%
6 Month Returns
3.79%
3.79%
1 Year Returns
7.07%
7.07%
3 Years Returns
18.05%
5.69%
5 Years Returns
42.04%
7.27%
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.
0.38% as on April 2024
₹10089 Cr as on April 2024
7.18% Govt Stock 2033(5.27%), 7.18% Govt Stock 2037(4.68%), Small Industries Development Bank Of India(3.41%), Power Finance Corporation Ltd.(2.98%), Power Finance Corp Ltd. 7.6%(2.98%) as on April 2024
Corporate(57.43%), Government(38.76%), Cash Equivalent(3.81%) as on April 2024
Yield to Maturity is 7.6 as on April 2024. 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 3.5 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
97.76
AA
2.24
Harshil Suvarnkar, Kaustubh Gupta are the fund managers of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth
The Exit load of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth is 0%