Aditya Birla Sun Life PSU Equity Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 02-12-2024
₹ 36.02
1D
Inception Returns
29.6%
/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 ₹5456 Cr worth of assets under management (AUM) as on Oct 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 29.62% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 40.21% and 36.19% 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 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
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61411 people have invested ₹ 22.5Cr 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
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 | 0.54% |
Benchmark | S&P BSE PSU TR INR |
| AUM | ₹5456 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 (02-Dec-24)
Fund Distribution
as on (31-Oct-24)
Large cap
69.7%
Mid cap
17.8%
Small cap
9.5%
Sector Allocation
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
- 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
- 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%
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%
Top Stocks sold last month
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 %
Oil & Natural Gas Corp Ltd's allocation decreased from 6.7 % to 6.47 %
Mid Cap allocation has gone down from 18.1% to 17.8%
Large Cap allocation has gone down from 70.6% to 69.7%
Small Cap allocation has gone down from 9.9% to 9.5%
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%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Bharat Electronics Ltd | 8% |
 Life Insurance Corporation of India | 6.5% |
 State Bank of India | 0.8% |
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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
₹3.89L 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
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 29.62% since inception which is more than its category average return of 18.78%
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
This fund has AUM of ₹5456 Cr which is more than its category average of ₹ 2225 Cr
Expense Ratio 0.54%
This fund has an expense ratio of 0.54% which is less than its category average expense ratio of 1.2%
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 ₹36.02 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
Aditya Birla Sun Life PSU Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.55% | -0.55% |
6 Month Returns | -3.69% | -3.69% |
1 Year Returns | 40.21% | 40.21% |
3 Years Returns | 152.59% | 36.19% |
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.
0.54% 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%