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Unrated

Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan


1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

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.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 9.46 0.00 0.25 1.44 1.44 6.24 10.93 8.71 8.94 9.50 9.38
CCIL T Bill Liquidity Weight 2.70 0.02 0.06 0.24 0.60 1.32 3.29 3.94 4.14 4.58 4.77
Debt: Banking and PSU 8.59 0.03 0.18 1.20 1.29 5.54 10.14 8.47 8.38 8.71 8.67

As on 21-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan  | Invest Online
Unrated
Apr-02 10.93 8.71 8.94 0.64 13,264
IDFC Banking & PSU Debt Fund - Regular Plan
5 star
Mar-13 11.16 9.47 8.61 0.65 18,980
Axis Banking & PSU Debt Fund  | Invest Online
5 star
Jun-12 9.91 9.17 8.68 0.62 17,591
Kotak Banking and PSU Debt Fund Regular Plan  | Invest Online
4 star
Dec-98 10.79 8.89 8.78 0.74 9,277
Nippon India Banking & PSU Debt Fund  | Invest Online
4 star
May-15 11.02 8.86 8.76 0.80 6,429

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.01 (24-Mar-2020 - 31-Mar-2020) -2.15 (12-Mar-2020 - 19-Mar-2020)
Month 3.95 (24-Mar-2020 - 23-Apr-2020) -2.62 (20-Feb-2020 - 23-Mar-2020)
Quarter 6.77 (24-Mar-2020 - 24-Jun-2020) -1.68 (24-Nov-2016 - 23-Feb-2017)
Year 14.44 (24-Nov-2015 - 24-Nov-2016) 3.77 (11-Sep-2017 - 11-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.09 2.11 1.44 3.41 1.85 5.17
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Banking and PSU 7.94 2.36 1.32 2.65 2.24 5.48

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 223 223 157 82
Modified Duration (yrs) 2.94 3.43 2.04 2.88
Average Maturity (yrs) 3.81 4.73 2.75 3.75
Yield to Maturity (%) 5.60 6.73 5.32 5.39
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 8.24% GOI 15/02/2027 Central Government Loan SOV 0.00 - 3.58 3.58
down 7.59% GOI 2026 GOI Securities SOV 0.00 - 2.96 2.74
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 2.26 2.26
equal 7.85% National Bank Agr. Rur. Devp 23/05/2022 Non Convertible Debenture AAA 1.67 - 2.40 2.22
equal HUDCO 24/06/2023 Non Convertible Debenture AAA 0.00 - 2.28 2.12
equal 7.42% Power Finance Corp. 19/11/2024 Non Convertible Debenture AAA 0.00 - 3.19 2.04
equal 5.95% HUDCO 2023 Debenture AAA 0.00 - 2.00 2.00
equal 7.28% HDB Financial Services 24/08/2023 Debenture AAA 0.00 - 2.05 1.96
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 1.78 - 2.51 1.90
down 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.68 - 2.43 1.82
up 8.15% GOI 24/11/2026 Central Government Loan SOV 0.00 - 1.80 1.80
down 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 3.04 1.30
equal 6.79% HUDCO 14/04/2023 Non Convertible Debenture AAA 0.00 - 1.35 1.25
up 7.49% Nat. Highways Authority 2029 Debenture AAA 0.00 - 1.21 1.21
equal Tata Capital Financial Services 27/08/2021 Debenture AAA 0.00 - 1.23 1.17
equal 6.75% Power Finance Corp. 22/05/2023 Debenture AAA 0.00 - 1.21 1.16
new 6.24% State Bank of India 21/09/2030 Non Convertible Debenture AAA 0.00 - 1.13 1.13
equal 7.11% Nat. Highways Authority 2022 Non Convertible Debenture AAA 1.08 - 1.64 1.11
equal 7.27% IRFC 15/06/2027 Bonds AAA 0.35 - 2.65 1.06
equal 7.69% National Bank Agr. Rur. Devp 29/05/2024 Non Convertible Debenture AAA 0.00 - 1.06 1.06
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.00 - 1.09 1.05
down 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 1.02 - 2.31 1.02
up 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 0.00 - 1.02 1.02
up 6.99% HUDCO 2022 Debenture AAA 0.00 - 0.98 0.98
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 1.01 0.97

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Kaustubh Gupta since 29-Sep-2009

Education: Mr. Gupta is a B.Com and a Chartered Accountant.

Experience: Prior to joining Birla Sun Life AMC he has worked with ICICI Bank.

Funds Managed:

— Pranay Sinha since 06-Aug-2020

Education: Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.

Experience: Prior to joining BSLAMC , he has worked with BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).

Funds Managed:


0.00%

Change from previous, NAV as on 21-Oct-2020

Growth: ₹ 419.9639

Dividend Quarterly: ₹ 113.4069

Dividend Monthly: ₹ 112.9598


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.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 19-Apr-2002
Return Since Launch: 8.06%
Benchmark: NIFTY Banking and PSU Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 13,264 Cr (As on 30-Sep-2020)
Expense: 0.64% (As on 28-Feb-2017)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly25-Sep-20200.5112

 28-Aug-20200.5175
 31-Jul-20200.6414
 26-Jun-20200.5083
 29-May-20200.6257
 24-Apr-20200.5003
 27-Mar-20200.3604
 28-Feb-20200.3575
 31-Jan-20200.4457
 27-Dec-20190.3581
 29-Nov-20190.4453
 25-Oct-20190.3541
 27-Sep-20190.4152
 30-Aug-20190.5165
 26-Jul-20190.4099
 28-Jun-20190.4097
 31-May-20190.5062
 26-Apr-20190.4072
 29-Mar-20190.5536
 22-Feb-20190.4436
 25-Jan-20190.4440
 28-Dec-20180.4424
 30-Nov-20180.5505
 26-Oct-20180.3992
 28-Sep-20180.4001
Dividend Quarterly15-Sep-20201.6736

 15-Jun-20201.6159
 16-Mar-20201.1583
 16-Dec-20191.1570
 16-Sep-20191.3345
 17-Jun-20191.3637
 15-Mar-20191.3925
 17-Dec-20181.4301
 17-Sep-20181.3429
 15-Jun-20181.3264
 15-Mar-20181.1703
 15-Dec-20171.1942
 15-Sep-20171.7608
 15-Jun-20171.7422
 15-Mar-20171.7456
 15-Dec-20161.7538
 15-Sep-20161.7369
 15-Jun-20161.7244
 15-Mar-20161.7060
 15-Dec-20151.7079
 15-Sep-20151.7242
 15-Jun-20151.7218
 16-Mar-20151.7371
 15-Dec-20141.7006
 15-Sep-20141.3427
Dividend Monthly11-Feb-20110.0220

 31-Jan-20110.0580
 31-Dec-20100.0532
 30-Nov-20100.0530
 29-Oct-20100.0462
 29-Sep-20100.0401
 31-Aug-20100.0359
 30-Jul-20100.0346
 30-Jun-20100.0311
 31-May-20100.0306
 30-Apr-20100.0336
 30-Mar-20100.0287
 26-Feb-20100.0237
 29-Jan-20100.0223
 31-Dec-20090.0207
 30-Nov-20090.0255
 30-Oct-20090.0280
 29-Sep-20090.0240
 31-Aug-20090.0279
 31-Jul-20090.0328
 30-Jun-20090.0297
 29-May-20090.0319
 29-Apr-20090.0361
 30-Mar-20090.0438
 27-Feb-20090.0413

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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