Aditya Birla Sun Life PSU Equity Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 22-10-2024
₹ 35.84
1D
Inception Returns
31.2%
/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
- Aditya Birla Sun Life PSU Equity Fund Direct Growth has ₹5896 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Aditya Birla Sun Life PSU Equity Fund Direct Growth has given a CAGR return of 31.18% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 60.61% and 35.17% 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 NTPC Ltd, State Bank of India, 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 benefitDividends 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
▲
▼
68200 people have invested ₹ 34.3Cr 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
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Among most bought funds within the category
Lower expense ratio
No bad points found for this fund.
Aditya Birla Sun Life PSU Equity Fund Direct Growth Overview
| Expense ratio | 0.49% |
Benchmark | S&P BSE PSU TR INR |
| AUM | ₹5896 Cr |
| Inception Date | 1 January, 2020 |
| Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 59.74% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
70.6%
Mid cap
18.1%
Small cap
9.9%
Sector Allocation
Financial Services
31.9%
Utilities
30%
Energy
19.9%
Industrial
12.4%
Basic Materials
5.8%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at -0.94% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund underperformed Nifty 500 by 2.97% in Sep'24
- AUM of the fund stands at 5.9K Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
NMDC Ltd's allocation increased from 2.63% to 3.96%
Power Grid Corp Of India Ltd's allocation increased from 6.69% to 7.96%
Bharat Petroleum Corp Ltd's allocation increased from 3.13% to 4.2%
Top Stocks sold last month
State Bank of India's allocation decreased from 10.62 % to 10.35 %
Oil & Natural Gas Corp Ltd's allocation decreased from 6.77 % to 6.7 %
Coal India Ltd's allocation decreased from 4.23 % to 4.15 %
Mid Cap allocation has gone up from 17.9% to 18.1%
Large Cap allocation has gone up from 64.8% to 70.6%
Small Cap allocation has gone down from 11.9% to 9.9%
Cash allocation has gone down from 5.3% to 1.4%
Top 3 Sectors in September were Financial Services, Utilities & Energy
Sep'24
Financial Services
32%
Utilities
30%
Energy
20%
Aug'24
Financial Services
34%
Utilities
28%
Energy
20%
See all
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Dhaval Gala
Fund Manager of Aditya Birla Sun Life PSU Equity Fund Direct Growth, since 22 September 2022
Top funds managed
Fund House
Aditya Birla Sun Life AMC Ltd
Total Schemes
Total AUM
₹3.79L Cr
as on 30-Sep-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
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 31.18% since inception which is more than its category average return of 21.07%
Fund Allocations
This fund has an allocation of 98.6% in Equity, 0% in Debt and 1.4% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 2436 Cr
Expense Ratio 0.49%
This fund has an expense ratio of 0.49% which is less than its category average expense ratio of 1.25%
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 ₹35.84 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
Aditya Birla Sun Life PSU Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.96% | -1.96% |
6 Month Returns | 5.8% | 5.8% |
1 Year Returns | 60.61% | 60.61% |
3 Years Returns | 146.96% | 35.17% |
5 Years Returns | 0% | 0% |
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.
0.49% as on September 2024
₹5896 Cr as on September 2024
NTPC Ltd(10.48%), State Bank of India(10.35%), Power Grid Corp Of India Ltd(7.96%), Oil & Natural Gas Corp Ltd(6.7%), GAIL (India) Ltd(5.88%) as on September 2024
Financial Services(31.46%), Utilities(29.55%), Energy(19.63%) as on September 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 | -4.71 | 0.01 | - |
As on September 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 | 0.99 | 0.95 | - |
As on September 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 | 2.07 | 1.52 | - |
As on September 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 | 22.75 | 19.52 | - |
As on September 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 3.86 as on September 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%