Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth
Debt
Direct
Banking & Psu
NAV: ₹ 345.74 as on 16-05-2024
About the Fund
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
- Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth has ₹10059 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
135 people have invested ₹ 20.7L in Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth in the last three months
Overview
 | 0.38% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹10059 Cr |
 | 1 January, 2013 |
 | ₹1000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 297.44% |
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
97.8%
AA
2.2%
Sector Allocation
Corporate
58.5%
Government
38.2%
Cash Equivalent
3.2%
Top Holdings of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings184
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 5.23% | 43.4% | |
7.18% Govt Stock 2037 | 4.64% | -3.1% | |
Small Industries Development Bank Of India | 3.42% | -6.8% | |
Power Finance Corporation Ltd. | 2.99% | 0% | |
Power Finance Corp Ltd. 7.6% | 2.97% | 9.1% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 10K Cr as of Apr'24
- AUM decreased by 13.2 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 3 months, this fund has increased expense ratio by 5.6% moving from 0.36 to 0.38.
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%.
In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.56% return, outperforming this fund by 0.52%.
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.46% return, outperforming this fund by 1.81% per annum.
In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.48% return, outperforming this fund by 0.21% per annum.
Peer Analysis
Fund Manager
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth, since 29 September 2009
Top funds managed
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth, since 22 March 2021
Top funds managed
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.44% since inception which is more than its category average return of 5.48%
AUM size ₹10059 Cr
This fund has AUM of ₹10059 Cr which is more than its category average of ₹ 3677 Cr
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 ₹345.74 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 3.84% | 3.84% |
1 Year Returns | 7.04% | 7.04% |
3 Years Returns | 17.92% | 5.65% |
5 Years Returns | 42.03% | 7.27% |
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.
0.38% as on April 2024
₹10059 Cr as on April 2024
7.18% Govt Stock 2033(5.23%), 7.18% Govt Stock 2037(4.64%), Small Industries Development Bank Of India(3.42%), Power Finance Corporation Ltd.(2.99%), Power Finance Corp Ltd. 7.6%(2.97%) as on April 2024
Corporate(58.54%), Government(38.21%), Cash Equivalent(3.25%) as on April 2024
Yield to Maturity is 7.6 as on April 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 3.5 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 97.76 |
AA | 2.24 |
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%