Aditya Birla Sun Life PSU Equity Fund Direct Growth

Aditya Birla Sun Life PSU Equity Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 05-12-2024

₹ 36.94

0.6%

1D

Inception Returns

30.1%

/yr

About Aditya Birla Sun Life PSU Equity Fund Direct Growth

Aditya Birla Sun Life PSU Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2020. The fund is managed by Dhaval Gala. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Aditya Birla Sun Life PSU Equity Fund Direct Growth has ₹5456 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Aditya Birla Sun Life PSU Equity Fund Direct Growth has given a CAGR return of 30.13% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 39.44% and 37.32% respectively.

Holdings

Aditya Birla Sun Life PSU Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Utilities, Energy, Industrial, Basic Materials. Its top holdings are State Bank of India, NTPC Ltd, Power Grid Corp Of India Ltd, Oil & Natural Gas Corp Ltd, GAIL (India) Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Aditya Birla Sun Life PSU Equity Fund Direct Growth

The Investment objective of the scheme is to provide long term capital appreciation by investing in equity and equity related instruments of Public Sector Undertakings (PSUs). The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Aditya Birla Sun Life PSU Equity Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
60688 people have invested ₹ 21.5Cr in Aditya Birla Sun Life PSU Equity Fund Direct Growth in the last three months

INDmoney Rank for Aditya Birla Sun Life PSU Equity Fund Direct Growth

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IND ranking is not available for this fund.
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3Y returns in the top 25% of the category
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Among most bought funds within the category
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Lower expense ratio
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No bad points found for this fund.

Aditya Birla Sun Life PSU Equity Fund Direct Growth Overview

Expense ratio0.54%
Benchmark
S&P BSE PSU TR INR
AUM₹5456 Cr
Inception Date1 January, 2020
Min Lumpsum/SIP₹500/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
59.74%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (05-Dec-24)

Period
Aditya Birla Sun Life PSU Equity Fund Direct Growth
Nifty 500
equity - other
1M
2.3%
2.6%
-
3M
-6.2%
-2%
-
6M
7.7%
10.6%
-
1Y
39.4%
25.2%
-
3Y
37.3%
16.1%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 97%

  • Debt & Cash 3%

Large cap
69.7%

Mid cap
17.8%

Small cap
9.5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
35.2%
Utilities
27.8%
Energy
18.8%
Industrial
12.2%
Basic Materials
6%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-7.55%
-0.94%
-2.30%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -7.55% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund underperformed Nifty 500 by 1.04% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 5.5K Cr
₹ 5.9K Cr
₹ 5.9K Cr
  • AUM of the fund stands at 5.5K Cr as of Oct'24
  • AUM decreased by 439.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
State Bank of India's allocation increased from 10.35% to 11.64%
State Bank of India's allocation increased from 10.35% to 11.64%
Bank of Baroda's allocation increased from 3.78% to 4.14%
Bank of Baroda's allocation increased from 3.78% to 4.14%
PNB Housing Finance Ltd's allocation increased from 4.84% to 5.15%
PNB Housing Finance Ltd's allocation increased from 4.84% to 5.15%
Top Stocks sold last month
NTPC Ltd's allocation decreased from 10.48 % to 9.61 %
NTPC Ltd's allocation decreased from 10.48 % to 9.61 %
Power Grid Corp Of India Ltd's allocation decreased from 7.96 % to 7.81 %
Power Grid Corp Of India Ltd's allocation decreased from 7.96 % to 7.81 %
Oil & Natural Gas Corp Ltd's allocation decreased from 6.7 % to 6.47 %
Oil & Natural Gas Corp Ltd's allocation decreased from 6.7 % to 6.47 %
Large Cap allocation has gone down from 70.6% to 69.7%
Large Cap allocation has gone down from 70.6% to 69.7%
Small Cap allocation has gone down from 9.9% to 9.5%
Small Cap allocation has gone down from 9.9% to 9.5%
Mid Cap allocation has gone down from 18.1% to 17.8%
Mid Cap allocation has gone down from 18.1% to 17.8%
Cash allocation has gone up from 1.4% to 3%
Cash allocation has gone up from 1.4% to 3%

Top 3 Sectors in October were Financial Services, Utilities & Energy

Oct'24
Financial Services
35%
Utilities
28%
Energy
19%
Sep'24
Financial Services
32%
Utilities
30%
Energy
20%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
41
40
45
Top 5 Company Concentration
40.8%
41.4%
39.2%
Company having highest exposure
State Bank of India (11.6%)
NTPC Ltd (10.5%)
State Bank of India (10.6%)
No of Sectors
5
5
5
Top 5 Sectors Concentration
100%
100%
100%
Sector having highest exposure
Financial Services (35.2%)
Financial Services (31.9%)
Financial Services (33.9%)
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Dhaval Gala
Dhaval Gala
Fund Manager of Aditya Birla Sun Life PSU Equity Fund Direct Growth, since 22 September 2022
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.89L Cr
as on 31-Oct-2024
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

Aditya Birla Sun Life PSU Equity Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

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

About the fund

This fund has delivered an average annual returns of 30.13% since inception which is more than its category average return of 19.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.03% in Equity, 0% in Debt and 2.97% in Cash related instruments
AUM size ₹5456 Cr

AUM size ₹5456 Cr

This fund has AUM of ₹5456 Cr which is more than its category average of ₹ 2180 Cr
Expense Ratio 0.54%

Expense Ratio 0.54%

This fund has an expense ratio of 0.54% which is less than its category average expense ratio of 1.17%

Frequently Asked Questions for Aditya Birla Sun Life PSU Equity Fund Direct Growth

The current NAV of Aditya Birla Sun Life PSU Equity Fund Direct Growth is ₹36.94 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
Aditya Birla Sun Life PSU Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.31%
2.31%
6 Month Returns
7.7%
7.7%
1 Year Returns
39.44%
39.44%
3 Years Returns
158.94%
37.32%
5 Years Returns
0%
0%
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0.54% as on November 2024
₹5456 Cr as on November 2024
State Bank of India(11.64%), NTPC Ltd(9.61%), Power Grid Corp Of India Ltd(7.81%), Oil & Natural Gas Corp Ltd(6.47%), GAIL (India) Ltd(5.29%) as on November 2024
Financial Services(34.17%), Utilities(26.97%), Energy(18.27%) as on November 2024
The alpha ratio for the Aditya Birla Sun Life PSU Equity Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Aditya Birla Sun Life PSU Equity Fund Direct Growth
-5.33
-0.79
-
As on November 2024
The alpha for Aditya Birla Sun Life PSU Equity Fund Direct Growth is calculated against S&P BSE PSU TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Aditya Birla Sun Life PSU Equity Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Aditya Birla Sun Life PSU Equity Fund Direct Growth
0.97
0.97
-
As on November 2024
The Beta for Aditya Birla Sun Life PSU Equity Fund Direct Growth is calculated with S&P BSE PSU TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Aditya Birla Sun Life PSU Equity Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Aditya Birla Sun Life PSU Equity Fund Direct Growth
1.36
1.4
-
As on November 2024
The sharpe ratio for Aditya Birla Sun Life PSU Equity Fund Direct Growth is calculated with S&P BSE PSU TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Aditya Birla Sun Life PSU Equity Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Aditya Birla Sun Life PSU Equity Fund Direct Growth
22.99
20.13
-
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.21 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Dhaval Gala is the fund manager of Aditya Birla Sun Life PSU Equity Fund Direct Growth
The Exit load of Aditya Birla Sun Life PSU Equity Fund Direct Growth is 1%