Widely used:Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Moderate
₹512.3591 0.02%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan
|
|
Moderate
|
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0.64 |
||
 |
|
Moderate
|
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0.63 |
||
|
|
Moderate
|
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0.73 |
||
 |
|
Moderate
|
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0.74 |
||
|
|
Moderate
|
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0.79 |
₹9,424 Cr
--
10,000
1
1,000
6
Investment Strategy
The scheme seeks to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector undertakings (PSUs) and Public Financial Institutions (PFIs) in India.
Suitability
"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan is mandated to invest at least 80 per cent of its assets in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions.
Mutual funds can be bought directly from the website of the fund house. For instance, Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan fund can be purchased from the website of Aditya Birla Sun Life Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan is ₹512.3591 as of 14-Aug-2024.
The AUM of Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan Fund is ₹9,424 Cr as of 31-Jul-2024
The riskometer level of Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan is Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 7.18 14/08/2033 |
8.11
|
|
Power Finance Corporation Ltd SR BS225A Debenture 7.77 15/07/2026 |
3.19
|
|
GOI Sec 7.18 24/07/2037 |
2.91
|
|
HDFC Bank Ltd SR US002 Debenture 7.80 03/05/2033 |
2.89
|
|
Power Finance Corporation Ltd SR 237A NCD 7.60 13/04/2029 |
2.67
|
As of 31-Jul-2024, Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan had invested 96.88% in Debt and 3.12% in Cash & Cash Eq. See More
Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan is 22 years 4 months old. It has delivered 7.59% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
7.45%
|
5.58%
|
6.52%
|
6.76%
|
7.82%
|
7.59%
|
No, There is no lock in period in Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan.
The expense ratio of Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan is 0.64.
Mutual Funds 
Aditya Birla SL Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan
