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

(Erstwhile Aditya Birla Sun Life Treasury Optimizer Plan - Regular Plan-Growth)
Fund House: Aditya Birla Sun Life Mutual Fund
Category: Debt: Banking and PSU
Launch Date: 05-04-2008
Asset Class: Fixed Income
Benchmark: NIFTY Banking and PSU Debt Total Return Index
TER: 0.71% As on (31-01-2024)
Status: Open Ended Schemes
Minimum Investment: 1000.0
Minimum Topup: 1000.0
Total Assets: 9,610.59 Cr As on (31-01-2024)
Turn over: - | Exit Load: Nil

329.2022

7.82%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
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vs
S&P BSE India Financials Bond Index
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Gold
-
PPF
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Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 1 Months
0 Years 1 Months
0 Years 1 Months
0 Years 1 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The fund seeks to generate higher returns with greater stability from a portfolio of debt and money market instruments with relatively low levels of interest rate risk.

Current Asset Allocation (%)

Indicators

Standard Deviation 1.17
Sharpe Ratio -0.04
Alpha 2.95
Beta 1.62
Yield to Maturity 7.71
Average Maturity 5.41

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth 05-04-2008 7.37 5.58 5.4 7.02 8.0
DSP Banking & PSU Debt Fund - Regular Plan - Growth 05-09-2013 7.79 5.52 5.13 6.81 7.56
Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth Option 06-09-2013 7.71 5.09 5.74 7.84 7.85
ICICI Prudential Banking and PSU Debt Fund - Growth 01-01-2010 7.67 6.28 5.71 7.07 7.8
Kotak Banking and PSU Debt - Growth 29-12-1998 7.51 5.6 5.45 7.11 7.61
Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option 10-05-2015 7.47 5.33 5.32 7.08 -
UTI Banking & PSU Fund- Regular Plan - Growth Option 05-01-2014 7.46 8.79 7.09 5.96 6.97
Invesco India Banking and PSU Fund - Growth Option 24-12-2012 7.45 4.36 4.84 5.94 6.51
Sundaram Banking and PSU Debt Fund Regular Plan - Growth 30-12-2004 7.44 5.18 4.52 6.0 6.82
Sundaram Banking and PSU Debt Fund Retail Plan - Growth 30-12-2004 7.44 5.16 4.5 5.99 6.42

Scheme Characteristics

Minimum investment in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions - 80% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

81.8%

Tax Benefits of investing in this fund

Capital gains will be deemed as short-term capital gains (STCG) for units acquired on or after April 1, 2023 and will be taxed at the applicable income tax slab rate**.

Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.

** Capital gains on sale of units acquired on or before March 31, 2023 & redeemed on or after April 1, 2023 will be taxed as below:

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months.

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months.

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