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3 star

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


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 3.78 0.00 0.10 0.44 0.75 2.32 4.22 8.74 7.37 8.57 --
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 3.53 3.99 --
Debt: Banking and PSU 3.70 -0.01 0.10 0.48 0.79 2.26 4.11 8.39 7.42 8.09 --
Rank within category 10 9 8 14 9 11 11 7 10 3 --
Number of funds in category 21 22 22 22 22 22 20 17 15 13 0

As on 03-Dec-2021

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 - Direct Plan  | Invest Online
3 star
Jan-13 4.22 8.74 7.37 0.37% 17,460
IDFC Banking & PSU Debt Fund - Direct Plan
5 star
Mar-13 3.88 9.18 7.98 0.31% 18,845
Axis Banking & PSU Debt Fund - Direct Plan
4 star
Jan-13 3.79 8.38 7.89 0.33% 16,241
ICICI Prudential Banking & PSU Debt Fund - Direct Plan  | Invest Now
4 star
Jan-13 5.17 8.59 7.20 0.35% 13,926
HDFC Banking and PSU Debt Fund - Direct Plan  | Invest Online
4 star
Mar-14 4.55 8.91 7.62 0.36% 9,470

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.02 24-Mar-2020 - 31-Mar-2020 -2.14 12-Mar-2020 - 19-Mar-2020
Month 3.98 24-Mar-2020 - 23-Apr-2020 -2.59 20-Feb-2020 - 23-Mar-2020
Quarter 6.85 24-Mar-2020 - 24-Jun-2020 -1.60 24-Nov-2016 - 23-Feb-2017
Year 14.79 24-Nov-2015 - 24-Nov-2016 4.02 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.44 2.20 2.12 3.87 2.10 5.93
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Banking and PSU 8.11 2.43 1.93 3.87 2.31 5.74
Rank within category 7 7 10 10 5 8
Number of funds in category 17 17 17 17 17 17

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 259 271 242 84
Modified Duration (yrs) 1.84 2.86 1.84 --
Average Maturity (yrs) 2.50 3.67 2.50 --
Yield to Maturity (%) 4.90 5.32 4.71 --
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 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 2.74 - 3.45 3.02
up 5.47% Power Finance Corporation 19/08/2023 Debenture AAA 0.74 - 2.37 2.37
down 7.60% Axis Bank 20/10/2023 Bonds/Debentures AAA 0.68 - 2.36 2.24
new Axis Bank 20/09/2022 Certificate of Deposit A1+ 0.00 - 2.07 2.07
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 2.49 1.94
down Axis Bank 28/01/2022 Certificate of Deposit A1+ 0.00 - 2.65 1.71
equal Housing & Urban Development Corporation 24/06/2023 Non Convertible Debenture AAA 1.55 - 2.01 1.61
equal 7.42% Power Finance Corporation 19/11/2024 Non Convertible Debenture AAA 1.45 - 1.95 1.50
up REC 13/12/2022 Debenture AAA 0.31 - 1.47 1.47
equal 6.24% State Bank of India Additional Tier 2 Bond AAA 0.95 - 1.58 1.43
equal 7.99% State Bank of India Additional Tier 2 Bond AAA 1.36 - 1.75 1.42
equal National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.00 - 1.56 1.41
equal 8.24% GOI 15/02/2027 Central Government Loan SOV 1.31 - 2.51 1.36
equal 8.15% GOI 24/11/2026 Central Government Loan SOV 1.27 - 1.68 1.32
equal 5.95% Housing & Urban Development Corporation 2023 Debenture AAA 1.24 - 1.89 1.28
equal Axis Bank 27/04/2022 Certificate of Deposit A1+ 0.00 - 1.30 1.18
equal 5.27% National Bank Agr. Rur. Devp 29/04/2024 Debenture AAA 0.00 - 2.14 1.17
equal 5.79% REC 20/03/2024 Debenture AAA 0.00 - 1.13 1.13
equal 6.79% Housing & Urban Development Corporation 14/04/2023 Non Convertible Debenture AAA 1.02 - 1.36 1.09
up 7.45% REC 30/11/2022 Non Convertible Debenture AAA 0.03 - 1.06 1.06
up 6.90% REC 30/06/2022 Debenture AAA 0.32 - 1.02 1.02
equal 4.90% SIDBI 18/08/2023 Bonds/NCDs AAA 0.37 - 1.05 0.92
equal 6.50% National Bank Agr. Rur. Devp 17/04/2023 Debenture AAA 0.34 - 0.91 0.91
equal Export-Import Bank 196-D 24/03/2022 Certificate of Deposit A1+ 0.00 - 0.91 0.91
equal 7.28% HDB Financial Services 24/08/2023 Debenture AAA 0.86 - 1.11 0.89

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-Nov-2021

*As on 31-Oct-2021

Fund Manager


0.00%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 300.6866

IDCW Quarterly: ₹ 112.9020

More

IDCW Monthly: ₹ 114.6735

IDCW: ₹ 132.0162


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 (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.16%
Benchmark: NIFTY Banking and PSU Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 17,460 Cr (As on 30-Nov-2021)
Expense: 0.37% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly26-Nov-20210.3953

 29-Oct-20210.4959
 24-Sep-20210.4406
 27-Aug-20210.4399
 30-Jul-20210.5490
 25-Jun-20210.4400
 28-May-20210.4392
 30-Apr-20210.5465
 26-Mar-20210.4358
 26-Feb-20210.4406
 29-Jan-20210.5060
 28-Dec-20200.4911
 27-Nov-20200.3941
 02-Nov-20200.5922
 25-Sep-20200.5221
 28-Aug-20200.5283
 31-Jul-20200.6546
 26-Jun-20200.5186
 29-May-20200.6383
 24-Apr-20200.5101
 27-Mar-20200.3674
 28-Feb-20200.3643
 31-Jan-20200.4542
 27-Dec-20190.3648
 29-Nov-20190.4535
IDCW Quarterly15-Sep-20211.4114

 15-Jun-20211.3926
 15-Mar-20211.3886
 15-Dec-20201.3824
 15-Sep-20201.6617
 15-Jun-20201.6030
 16-Mar-20201.1482
 16-Dec-20191.1460
 16-Sep-20191.3209
 17-Jun-20191.3487
 15-Mar-20191.3762
 17-Dec-20181.4123
 17-Sep-20181.3252
 15-Jun-20181.3077
 15-Mar-20181.1532
 15-Dec-20171.1758
 15-Sep-20171.7324
 15-Jun-20171.7126
 15-Mar-20171.7144
 15-Dec-20161.7209
 15-Sep-20161.7030
 15-Jun-20161.6895
 15-Mar-20161.6702
 15-Dec-20151.6708
 15-Sep-20151.6855
IDCW14-Sep-202112.9500

 29-Jun-202113.1900
 25-Feb-20217.9900
 25-Feb-20206.7782
 22-Mar-20197.7074
 26-Feb-20186.7171
 28-Feb-20140.2635
 14-Feb-20140.2932
 28-Jan-20140.2235
 15-Jan-20140.3128
 30-Dec-20130.2262
 16-Dec-20130.3620
 28-Nov-20130.3286
 14-Nov-20130.2957
 28-Oct-20130.2858
 14-Oct-20130.4511
 30-Sep-20130.4198
 16-Sep-20130.5474
 28-Aug-20130.2461
 14-Aug-20130.1754
 15-Jul-20130.2902
 28-Jun-20130.2336
 14-Jun-20130.2610
 28-May-20130.2519
 14-May-20130.4025

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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