Aditya Birla Sun Life Banking & PSU Debt Fund Growth Regular Plan - Latest NAV ₹279.766, Returns, Performance & Portfolio

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

  • highlight
    8.95%
  • highlight
    (+0.01)279.766

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.69 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years9.5%
5 Years8.95%
3 Years8.75%
1 Year11.06%
6 Months6.24%
Fund Details
ISININF209K01LV0
RiskModerately Low risk
Fund TypeBanking & PSU
NAV279.766
Exit Load--

More about this fundstar

Top HoldingsWeightage
8.24% Govt Stock 20273.58%
7.59% Govt Stock 20262.74%
National Bank For Agriculture and Rural Development2.26%
National Bank For Agriculture and Rural Development2.22%
Housing and Urban Development Corporation Limited2.12%
Power Finance Corporation Limited2.04%
Housing and Urban Development Corporation Limited (Hudco)2%
HDB Financial Services Limited1.96%
State Bank of India1.9%
National Bank For Agriculture and Rural Development1.82%

About Aditya BSL Banking & PSU Debt Fund

The Aditya BSL Banking & PSU Debt Fund is an open-ended debt scheme. It seeks to generate reasonable returns and liquidity over the short-term by investing in debt and money market instruments issued by Banks, Public Sector Undertakings (PSUs), and Public Financial Institutions (PFIs) in India. It was earlier known as Aditya Birla Sun Life Treasury Optimizer Plan and was renamed as Aditya BSL Banking & PSU Debt Fund with effect from 04 June 2018.

Pros & Cons of Aditya BSL Banking & PSU Debt Fund

  • The scheme invests prudently in sectors and issues of debt securities which provide superior yields at lower risk levels.
  • Further, the scheme invests in instruments offering floating interest rates to reduce the interest rate risk of the portfolio.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Banking and PSU Fund category. Further, it has generated returns of 8.53% per year over the last 10 years (as on January 18, 2019).

Fund Information and Statistics of Aditya BSL Banking & PSU Debt Fund

Inception / Launch Date

The scheme was launched on 19 April 2002 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderate risk level associated with it.

Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

The Fund Managers of the Aditya BSL Banking & PSU Debt Fund are :- 1. Mr. Kaustubh Gupta (since September 29, 2009) 2. Mr. Maneesh Dangi (since April 01, 2017)

Entry / Exit Load

There is no entry load or exit load in this scheme.

Tax benefits of investing in Aditya BSL Banking & PSU Debt Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG is added to the investor’s income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% with indexation benefits.

About Aditya Birla Sun Life Mutual Fund

Aditya Birla Group (India) and Sun Life Financial Inc. (Canada) entered into a joint venture in 1994 and established the Aditya Birla Sun Life Mutual Fund (ABSLMF). With over Rs. 2,500 billion domestic assets under management and more than 6.6 million investor folios, ABSLMF has evolved into one of India’s largest fund houses.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.69 Lakhs in a period of 20 years
Moderately Low risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns