Aditya Birla SL Banking&PSU Debt Fund-Ret(G)


Banking and PSU Fund
  • NAV 503.16 (0.07%)
  • Fund Size (Cr) ₹10059.46
  • Expense Ratio 0.72
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹10000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹1000
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 7.58%

Basic Details

Scheme Manager
Kaustubh Gupta
Bench Mark
Nifty Banking & PSU Debt Index A-II
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 17-May-24
  • 10024.76
  • 0.25%
  • -
  • 0.17%
  • 22/178
  • 1 Month
  • 24-Apr-24
  • 10086.24
  • 0.86%
  • -
  • 0.80%
  • 65/178
  • 3 Month
  • 23-Feb-24
  • 10180.94
  • 1.81%
  • -
  • 1.79%
  • 105/178
  • 6 Month
  • 24-Nov-23
  • 10393.44
  • 3.93%
  • -
  • 3.95%
  • 111/178
  • 1 Year
  • 24-May-23
  • 10672.14
  • 6.72%
  • 6.72%
  • 6.62%
  • 70/171
  • 3 Year
  • 24-May-21
  • 11690.42
  • 16.90%
  • 5.34%
  • 5.25%
  • 63/168
  • 5 Year
  • 24-May-19
  • 13923.51
  • 39.24%
  • 6.84%
  • 6.66%
  • 54/134
  • Since Inception
  • 19-Apr-02
  • 50315.6
  • 403.16%
  • 7.58%
  • 6.72%
  • 62/178

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Jun-23
  • 120000
  • 124526.26
  • 3.77%
  • 3.77%
  • 3 Year
  • 01-Jun-21
  • 360000
  • 395070.98
  • 9.74%
  • 3.15%
  • 5 Year
  • 03-Jun-19
  • 600000
  • 697924.99
  • 16.32%
  • 3.07%
  • 10 Year
  • 02-Jun-14
  • 1200000
  • 1718620.81
  • 43.22%
  • 3.66%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    0.27%
  • Beta
    0.04%
  • Sharpe Ratio
    -1.82%
  • Treynor’s Ratio
    0.98%
  • Jension’s Alpha
    -1.97%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • S I D B I
  • 3.41%
  • 34500
  • 343.81
  • Corporate Debts
  • Debt Others
  • Power Fin.Corpn.
  • 2.98%
  • 30000
  • 300.72
  • Corporate Debts
  • Debt Others
  • Power Fin.Corpn.
  • 2.98%
  • 30000
  • 300.28
  • Corporate Debts
  • Debt Others
  • HDFC Bank
  • 2.72%
  • 27500
  • 274.67
  • Corporate Debts
  • Debt Others
  • REC Ltd
  • 2.43%
  • 24500
  • 245.18
  • Corporate Debts
  • Debt Others
  • Natl. Hous. Bank
  • 1.98%
  • 20000
  • 200.15
  • Corporate Debts
  • Debt Others
  • N A B A R D
  • 1.93%
  • 19500
  • 194.33
  • Corporate Debts
  • Debt Others
  • HDFC Bank
  • 1.87%
  • 19000
  • 189.15
  • Corporate Debts
  • Debt Others
  • N A B A R D
  • 1.82%
  • 18500
  • 183.95
  • Corporate Debts
  • Debt Others
  • St Bk of India
  • 1.82%
  • 1900
  • 183.58
  • Corporate Debts
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • TRUSTMF Banking & PSU Fund - Dir (IDCW-D) RI
  • Stars
  • 261.88
  • 0.84%
  • 2.47%
  • 4.87%
  • 9.73%
  • 7.72%
  • HSBC Banking and PSU Debt Fund - Direct (IDCW-D)
  • Stars
  • 4634.35
  • 0.41%
  • 1.58%
  • 4.80%
  • 7.79%
  • 4.74%
  • ICICI Pru Banking & PSU Debt Fund - Direct (G)
  • Stars
  • 9056.41
  • 0.88%
  • 2.05%
  • 4.09%
  • 7.66%
  • 6.29%
  • ICICI Pru Banking & PSU Debt Fund-Direct (IDCW-Q)
  • Stars
  • 9056.41
  • 0.88%
  • 2.05%
  • 4.07%
  • 7.64%
  • 6.10%
  • ITI Banking and PSU Debt Fund - Direct (G)
  • Stars
  • 30.05
  • 0.98%
  • 1.77%
  • 4.34%
  • 7.48%
  • 5.95%

News

  • Aditya Birla Sun Life MF Announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes Aditya Birla Sun Life Mutual Fund has announced 19 April 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The quantum of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    Aditya Birla Sun Life Arbitrage Fund:

    Regular Plan ? IDCW Option: 0.065

    Direct Plan ? IDCW Option: 0.067

    Aditya Birla Sun Life Balanced Advantage Fund:

    Regular Plan ? IDCW Option: 0.146

    Direct Plan ? IDCW Option: 0.164

    Aditya Birla Sun Life International Equity Fund:

    Regular Plan ? IDCW Option: 1.175

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  • Aditya Birla Sun Life MF Announced merger of Aditya Birla Sun Life CRISIL IBX AAA Mar 2024 Index Fund into Aditya Birla Sun Life Corporate Bond Fund Aditya Birla Sun Life Mutual Fund has approved the merger of Aditya Birla Sun Life CRISIL IBX AAA Mar 2024 Index Fund Merger into Aditya Birla Sun Life Corporate Bond Fund, with effect from 02 April 2024.

    Powered by Capital Market - Live News

  • Aditya Birla Sun Life MF Announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes Aditya Birla Sun Life Mutual Fund has announced 19 January 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The quantum of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    Aditya Birla Sun Life Arbitrage Fund:

    Regular Plan ? IDCW Option: 0.0702

    Direct Plan ? IDCW Option: 0.0717

    Aditya Birla Sun Life Medium Term Plan:

    Regular Plan ? IDCW Option: 1.098

    Direct Plan ? IDCW Option: 1.186

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 18-Apr-2002
  • Total AUM (Cr) ₹10088.67

Aditya Birla SL Banking&PSU Debt Fund-Ret(G) is an Banking and PSU Fund-oriented fund from the renowned AMC, Aditya Birla Sun Life Mutual Fund. Launched in Apr 2002, this fund is managed by Kaustubh Gupta. With assets under management (AUM) worth ₹10088.67 (Cr), as of 24-May-2024, Aditya Birla SL Banking&PSU Debt Fund-Ret(G) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 7.58% since its launch.
The current NAV of Aditya Birla SL Banking&PSU Debt Fund-Ret(G) is ₹503.16, as on 24-May-2024. The fund’s benchmark index is Nifty Banking & PSU Debt Index A-II. You can invest in Aditya Birla SL Banking&PSU Debt Fund-Ret(G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1000 while the minimum lumpsum investment is ₹10000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 5.34% and 6.84% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 97.38% in Debt and 2.62% in cash and cash equivalents

FAQs on Aditya Birla SL Banking&PSU Debt Fund-Ret(G)

Aditya Birla SL Banking&PSU Debt Fund-Ret(G) is a popular fund in the Banking and PSU Fund segment. The fund has generated a return of 7.58% since inception. Looking to invest in Aditya Birla SL Banking&PSU Debt Fund-Ret(G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Aditya Birla SL Banking&PSU Debt Fund-Ret(G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Aditya Birla SL Banking&PSU Debt Fund-Ret(G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Aditya Birla SL Banking&PSU Debt Fund-Ret(G) today and reap the benefits of this Banking and PSU Fund fund!

In the short term, i.e., 1 year, Aditya Birla SL Banking&PSU Debt Fund-Ret(G) has generated annualised return of 6.72%. In the long-term, the fund has generated 5.34% and 6.84% in 3 and 5 years respectively. Since its inception, the fund has generated 7.58% returns.

The expense ratio of Aditya Birla SL Banking&PSU Debt Fund-Ret(G) Direct Growth is 0.72%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Aditya Birla SL Banking&PSU Debt Fund-Ret(G) is ₹10088.67 (Cr) as of 24 May 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Aditya Birla SL Banking&PSU Debt Fund-Ret(G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Aditya Birla SL Banking&PSU Debt Fund-Ret(G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Aditya Birla SL Banking&PSU Debt Fund-Ret(G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Aditya Birla SL Banking&PSU Debt Fund-Ret(G). Minimum lumpsum investment Aditya Birla SL Banking&PSU Debt Fund-Ret(G) is ₹10000 and minimum SIP amount is ₹1000. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Aditya Birla SL Banking&PSU Debt Fund-Ret(G) is ₹503.16 as on 24 May 2024.

The 5 biggest stock holdings of Aditya Birla SL Banking&PSU Debt Fund-Ret(G) are:
S I D B I (3.41%), Power Fin.Corpn. (2.98%), Power Fin.Corpn. (2.98%), HDFC Bank (2.72%), REC Ltd (2.43%)

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