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


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

This is a fund that invests mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions.

Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

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 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 9.31 0.17 1.49 9.96 7.08 8.49 8.93
CCIL T Bill Liquidity Weight 4.21 0.30 0.89 4.41 4.19 4.52 4.67
Debt: Banking and PSU 9.09 0.16 1.51 9.81 7.19 7.93 8.22
Rank within category 12 12 12 12 12 2 1
Number of funds in category 17 19 18 17 15 13 2

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 2.87 (25-Oct-2016 - 24-Nov-2016) -1.66 (25-Nov-2016 - 27-Dec-2016)
Quarter 4.99 (25-Aug-2016 - 24-Nov-2016) -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 6.77 2.28 0.44 0.58 5.30 9.84
CCIL T Bill Liquidity Weight 4.11 0.25 -6.57 -10.84 -- --
Debt: Banking and PSU 7.08 2.09 0.74 1.43 4.95 9.57
Rank within category 14 15 15 15 12 7
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-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 167 167 95 69
Modified Duration (yrs) 2.33 2.99 1.45 2.72
Average Maturity (yrs) 3.06 4.23 1.88 3.54
Yield to Maturity (%) 6.51 8.38 6.51 6.69

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 7.42% Power Finance Corp. 19/11/2024 Non Convertible Debenture AAA 0.00 - 3.19 3.19
equal 7.89% SIDBI 15/11/2022 Non Convertible Debenture AAA 0.00 - 3.80 2.99
equal 8.90% State Bank of India 2028 Non Convertible Debenture AAA 2.30 - 3.68 2.91
equal 7.68% ONGC Petro Additions 18/05/2020 Structured Obligation AAA 2.62 - 4.57 2.62
up 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 2.51 2.43
equal 8.25% IRFC 28/02/2024 Debenture AAA 0.00 - 2.72 2.33
equal 7.72% GOI 25/05/2025 Central Government Loan SOV 0.00 - 2.36 2.11
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 2.31 2.07
up 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 1.97 1.97
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 0.00 - 2.14 1.88
equal State Bank of India 2056 Debenture AA+ 1.85 - 4.90 1.85
equal 7.85% National Bank Agr. Rur. Devp 23/05/2022 Non Convertible Debenture AAA 0.00 - 2.23 1.84
equal 8.02% BPCL 2024 Debenture AAA 0.00 - 3.50 1.77
up 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 2.38 1.74
equal 8.15% National Bank Agr. Rur. Devp 22/08/2022 Debenture AAA 0.00 - 3.25 1.56
new REC 13/12/2022 Debenture AAA 0.00 - 1.54 1.54
up 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 1.53 1.53
equal SIDBI 2020 Commercial Paper A1+ 0.00 - 1.86 1.49
equal 7.11% Nat. Highways Authority 2022 Non Convertible Debenture AAA 0.00 - 1.86 1.47
equal 7.62% HUDCO 15/07/2022 Debenture AAA 0.00 - 1.85 1.31
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 1.43 1.28
equal 8.37% National Bank Agr. Rur. Devp 2021 Debenture AAA 1.27 - 2.09 1.27
equal SIDBI 29/07/2020 Certificate of Deposit A1+ 0.00 - 1.55 1.24
equal Axis Bank 19/08/2020 Certificate of Deposit A1+ 0.00 - 1.42 1.23
equal Axis Bank 30/10/2020 Certificate of Deposit A1+ 0.00 - 1.35 1.22

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-2019

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:

— Maneesh Dangi since 01-Apr-2017

Education: Mr. Dangi is an MBA and FRM.

Experience: Prior to joining Birla Sun Life Asset Management Company he has worked with Pioneer Investcorp.

Funds Managed:


-0.07%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 254.2159

Dividend Quarterly: ₹ 106.5990

More

Dividend Monthly: ₹ 107.9489

Dividend: ₹ 160.1722


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 (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 500
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 24-Apr-2008
Benchmark: NIFTY Banking and PSU Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 9,758 Cr (As on 30-Nov-2019)
Expense: 0.65% (As on 30-Nov-2019)
Risk Grade: Average
Return Grade: Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend22-Mar-20198.0676

 28-Feb-20140.2603
 14-Feb-20140.2892
 28-Jan-20140.2205
 15-Jan-20140.3086
 30-Dec-20130.2199
 16-Dec-20130.3583
 28-Nov-20130.3263
 14-Nov-20130.3026
 28-Oct-20130.2835
 14-Oct-20130.4488
 30-Sep-20130.4198
 16-Sep-20130.5475
 28-Aug-20130.2460
 14-Aug-20130.1754
 15-Jul-20130.2866
 28-Jun-20130.2306
 14-Jun-20130.2566
 28-May-20130.2474
 14-May-20130.3982
 29-Apr-20130.3024
 15-Apr-20130.5691
 28-Mar-20130.2444
 14-Mar-20130.3251
 28-Feb-20130.2667
Dividend Monthly29-Nov-20190.4459

 25-Oct-20190.3546
 27-Sep-20190.4157
 30-Aug-20190.5172
 26-Jul-20190.4104
 28-Jun-20190.4103
 31-May-20190.5068
 26-Apr-20190.4078
 29-Mar-20190.5544
 22-Feb-20190.4442
 25-Jan-20190.4446
 28-Dec-20180.4430
 30-Nov-20180.5513
 26-Oct-20180.3997
 28-Sep-20180.4006
 31-Aug-20180.5016
 27-Jul-20180.4003
 29-Jun-20180.5003
 25-May-20180.4020
 27-Apr-20180.3478
 03-Apr-20180.5010
 23-Feb-20180.2194
 29-Jan-20180.4014
 29-Dec-20170.4557
 24-Nov-20170.4727
Dividend Quarterly16-Sep-20191.3014

 17-Jun-20191.3299
 15-Mar-20191.3579
 17-Dec-20181.3947
 17-Sep-20181.3096
 15-Jun-20181.2935
 15-Mar-20181.1413
 15-Dec-20171.1647
 15-Sep-20171.7172
 15-Jun-20171.6991
 15-Mar-20171.7022
 15-Dec-20161.7103
 15-Sep-20161.6939
 15-Jun-20161.6816
 15-Mar-20161.6637
 15-Dec-20151.6655
 15-Sep-20151.6815
 15-Jun-20151.6791
 16-Mar-20151.6941
 15-Dec-20141.6584
 15-Sep-20141.3095
 16-Jun-20143.0802
 11-Mar-20140.2765
 04-Mar-20140.1080
 25-Feb-20140.1370

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: 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

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM