Aditya Birla Sun Life PSU Equity Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 37.06 as on 30-04-2024
Fund Performance
30749 people have invested ₹ 41.2Cr in Aditya Birla Sun Life PSU Equity Fund Direct Growth in the last three months
INDmoney Rank
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IND ranking is not available for this fund.
Pros
3Y returns in the top 25% of the category
Among most bought funds within the category
Lower expense ratio
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 ₹3404 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Overview
 | 0.52% |
 Benchmark | S&P BSE PSU TR INR |
 | ₹3404 Cr |
 | 1 January, 2020 |
 | ₹500/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 43.88% |
Aditya Birla Sun Life PSU Equity Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
63.5%
Mid cap
20%
Small cap
10.8%
Sector Allocation
Financial Services
33.7%
Utilities
26.2%
Energy
19.1%
Industrial
16.4%
Basic Materials
4.6%
Top Holdings of Aditya Birla Sun Life PSU Equity Fund Direct Growth as on (30-Apr-24)
Equity Holdings42
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 State Bank of India | 10.22% | 52.7% | |
 Oil & Natural Gas Corp Ltd | 7.76% | 2.9% | |
 NTPC Ltd | 7.61% | 4% | |
 Coal India Ltd | 6.12% | 0% | |
 Bank of Baroda | 5.56% | 0% |
See all
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.53% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 0.06% in Mar'24
AUM Change
- AUM of the fund stands at 3.4K Cr as of Mar'24
- AUM increased by 73.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Hindustan Aeronautics Ltd | 18.1% |
 Bharat Heavy Electricals Ltd | 9.1% |
 NLC India Ltd | 6.6% |
Peer Analysis
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 35.19% since inception which is more than its category average return of 23.59%
Fund Allocations
This fund has an allocation of 94.39% in Equity, 0% in Debt and 5.61% in Cash related instruments
AUM size ₹3404 Cr
This fund has AUM of ₹3404 Cr which is more than its category average of ₹ 1770 Cr
Expense Ratio 0.52%
This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life PSU Equity Fund Direct Growth is ₹37.06 as on 30-Apr-2024.
Existing (Absolute + CAGR) as on 30-Apr-2024.
Aditya Birla Sun Life PSU Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 9% | 9% |
6 Month Returns | 64.05% | 64.05% |
1 Year Returns | 99.25% | 99.25% |
3 Years Returns | 218.38% | 47.11% |
5 Years Returns | 0% | 0% |
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0.52% as on April 2024
₹3404 Cr as on April 2024
State Bank of India(10.22%), Oil & Natural Gas Corp Ltd(7.76%), NTPC Ltd(7.61%), Coal India Ltd(6.12%), Bank of Baroda(5.56%) as on April 2024
Financial Services(31.82%), Utilities(24.69%), Energy(18.06%) as on April 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 | - | - | - |
As on April 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 | - | - | - |
As on April 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 | 2.92 | 1.71 | - |
As on April 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 | 21.74 | 19.6 | - |
As on April 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 4.48 as on April 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%