Aditya Birla Sun Life PSU Equity Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 24.5 as on 28-11-2023
Fund Performance
1374 people have invested ₹ 1.9Cr in Aditya Birla Sun Life PSU Equity Fund Direct Growth in the last three months
INDmoney Rank of Aditya Birla Sun Life PSU Equity Fund Direct Growth
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IND ranking is not available for this fund.
Pros
3Y returns in the top 25% of the category
Cons
No bad points found for this fund.
About the 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
- Aditya Birla Sun Life PSU Equity Fund Direct Growth has ₹1313 Cr worth of assets under management (AUM) as on Oct 2023 and is less than category average.
- The fund has an expense ratio 0.7.
Aditya Birla Sun Life PSU Equity Fund Direct Growth Overview
 | 0.73% |
 Benchmark | S&P BSE PSU TR INR |
 | ₹1313 Cr |
 | 1 January, 2020 |
 | ₹500/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 43.88% |
Aditya Birla Sun Life PSU Equity Fund Direct Growth Distribution as on (31-Oct-23)
Size breakup
Large cap
59.3%
Mid cap
20%
Small cap
13.9%
Sector Allocation
Financial Services
31.8%
Utilities
24.6%
Energy
17.2%
Industrial
16.3%
Basic Materials
10.1%
Top Holdings of Aditya Birla Sun Life PSU Equity Fund Direct Growth as on (31-Oct-23)
Equity Holdings37
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Coal India Ltd | 9.53% | 0% | |
 NTPC Ltd | 9.11% | 0% | |
 State Bank of India | 7.66% | 0% | |
 Power Grid Corp Of India Ltd | 5.32% | 0% | |
 GAIL (India) Ltd | 4.72% | 0% |
See all
Aditya Birla Sun Life PSU Equity Fund Direct Growth: Monthly Changes Updates
All changes are between Aug'23 and Oct'23
Fund Performance
- This fund’s returns stands at -4.32% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.63% as on Oct'23
- This fund underperformed Nifty 500 by 1.69% in Oct'23
AUM Change
- AUM of the fund stands at 1.3K Cr as of Oct'23
- AUM decreased by 107.1 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life PSU Equity Fund Direct Growth portfolio Returns for the month of Oct
Top Growth Drivers | 1M Return |
|---|---|
 Coal India Ltd | 7.7% |
 NMDC Ltd | 4.2% |
 Power Grid Corporation of India Ltd | 1.3% |
Top Losers | 1M Return |
|---|---|
Bank of India | -15% |
 Punjab National Bank | -12.3% |
 State Bank of India | -6.2% |
Peer Analysis
Aditya Birla Sun Life PSU Equity Fund Direct Growth Fund Manager
Dhaval Gala
Fund Manager of Aditya Birla Sun Life PSU Equity Fund Direct Growth, since 22 September 2022
Top funds managed
Aditya Birla Sun Life PSU Equity Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 25.25% since inception which is more than its category average return of 15.45%
Fund Allocations
This fund has an allocation of 93.25% in Equity, 0% in Debt and 6.75% in Cash related instruments
AUM size ₹1313 Cr
This fund has AUM of ₹1313 Cr which is less than its category average of ₹ 1379 Cr
Expense Ratio 0.73%
This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.35%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life PSU Equity Fund Direct Growth is ₹24.51 as on 28-Nov-2023.
Existing (Absolute + CAGR) as on 28-Nov-2023.
Aditya Birla Sun Life PSU Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.49% | 8.49% |
6 Month Returns | 29.2% | 29.2% |
1 Year Returns | 34.3% | 34.3% |
3 Years Returns | 162.61% | 37.97% |
5 Years Returns | 0% | 0% |
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0.73% as on October 2023
₹1313 Cr as on October 2023
Coal India Ltd(9.53%), NTPC Ltd(9.11%), State Bank of India(7.66%), Power Grid Corp Of India Ltd(5.32%), GAIL (India) Ltd(4.72%) as on October 2023
Financial Services(29.63%), Utilities(22.98%), Energy(16.08%) as on October 2023
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 | -0.32 | 1.89 | - |
As on October 2023
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 | 0.96 | 0.84 | - |
As on October 2023
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 | 1.57 | - |
As on October 2023
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 | 16.86 | 20.11 | - |
As on October 2023
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 4.18 as on October 2023. 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%