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: ₹ 342.96 as on 12-04-2024
Fund Performance
zero opening, trading, fund transfer fee
121 people have invested ₹ 10.1L in Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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Over the last 6 months, this fund has experienced a 21.4% growth in AUM moving from 8.28K Cr to 10.06K Cr.
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In the last 5 years, Kotak Banking and PSU Debt Direct Growth has given 7.4% return, outperforming this fund by 0.17% 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 7.42% return, outperforming this fund by 1.77% per annum.
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Over the last 1 month, this fund has increased expense ratio by 5.6% moving from 0.36 to 0.38.
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In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.7% return, outperforming this fund by 0.56%.

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

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 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 Growth has ₹10060 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.

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

Expense ratio
Expense ratio
0.38%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹10060 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
97.7%
AA
2.3%
Sector Allocation

Mar'24

Feb'24

Jan'24

Corporate
55.5%
Government
41%
Cash Equivalent
3.4%

Top Holdings of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth as on (31-Mar-24)

  • Debt & Cash

Debt Holdings181
Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
5.95%
14.4%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
4.24%
-9.6%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.67%
7.2%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
2.99%
0%
Power Finance Corp Ltd. 7.6%
Power Finance Corp Ltd. 7.6%
2.74%
-8.3%

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 10.1K Cr
₹ 9.7K Cr
₹ 9.6K Cr
  • AUM of the fund stands at 10.1K Cr as of Mar'24
  • AUM increased by 322.6 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

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

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

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

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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 5.45%
AUM size ₹10060 Cr

AUM size ₹10060 Cr

This fund has AUM of ₹10060 Cr which is more than its category average of ₹ 3695 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 ₹342.96 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.37%
0.37%
6 Month Returns
3.85%
3.85%
1 Year Returns
7.14%
7.14%
3 Years Returns
17.93%
5.65%
5 Years Returns
41.78%
7.23%
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0.38% as on March 2024
₹10060 Cr as on March 2024
7.18% Govt Stock 2037(5.95%), 7.18% Govt Stock 2033(4.24%), Small Industries Development Bank Of India(3.67%), Power Finance Corporation Ltd.(2.99%), Power Finance Corp Ltd. 7.6%(2.74%) as on March 2024
Corporate(55.51%), Government(41.04%), Cash Equivalent(3.45%) as on March 2024
Yield to Maturity is 7.65 as on March 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 3.32 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
97.68
AA
2.32
Kaustubh Gupta, Harshil Suvarnkar 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%