Aditya Birla Sun Life Banking and PSU Debt Fund
Banking and PSUModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹387.61-0.16%1 day
- Return since launch
- 7.6%
- 52-week range
- ₹371.06 — ₹388.87
- AUM
- ₹8,682 Cr
Aditya Birla Sun Life Banking and PSU Debt Fund is a Banking and PSU debt fund from Aditya Birla Sun Life Mutual Fund with ₹8,682 Cr under management, launched in 2008. Over three years it has returned 5.9% a year, against 6.7% for its category. The expense ratio is 0.75% and the SEBI riskometer reading is Moderate.
Performance
Aditya Birla Sun Life Banking and PSU Debt Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.4% against +4.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.2% | −0.5 pts | 4.7% | 4.7% |
| 2Y | 5.1% | −0.3 pts | 5.4% | 5.4% |
| 3Y | 5.9% | −0.8 pts | 6.7% | 6.1% |
| 5Y | 6.2% | +0.4 pts | 5.8% | 6.3% |
| 7Y | 6.1% | 0.0 pts | 6.2% | 6.1% |
| 10Y | 6.5% | −0.2 pts | 6.7% | 6.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.0% | −0.1 pts | 0.1% | 0.1% |
| 3M | 0.5% | −0.2 pts | 0.8% | 0.7% |
| 6M | 2.7% | −0.2 pts | 2.9% | 3.0% |
| 1Y | 4.4% | −0.3 pts | 4.7% | 4.7% |
| 2Y | 6.0% | −0.2 pts | 6.1% | 6.1% |
| 3Y | 6.6% | −0.1 pts | 6.7% | 6.7% |
| 5Y | 5.8% | 0.0 pts | 5.8% | 5.8% |
| 7Y | 6.5% | +0.1 pts | 6.4% | 6.3% |
| 10Y | 6.7% | +0.1 pts | 6.7% | 6.7% |
Since launch (24 Apr 2008): 7.6%
Calendar-year returns
Category average10.9%
3.6%
3.7%
6.9%
7.8%
7.3%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.3% | −0.4 pts | 7.7% |
| 2024 | 7.8% | −0.3 pts | 8.2% |
| 2023 | 6.9% | −0.1 pts | 7.0% |
| 2022 | 3.7% | −0.2 pts | 3.9% |
| 2021 | 3.6% | −0.2 pts | 3.8% |
| 2020 | 10.9% | +0.4 pts | 10.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.75%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.62%
- Brokerage
- 0.01%
- Transaction charges
- 0.01%
- Statutory levies
- 0.11%
- Exit load
- Exit load of 0.25% if redeemed within 90 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Banking & PSU Debt Index A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.53 | 0.92 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.85 | 1.55 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.60 | 1.28 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Aditya Birla Sun Life Banking and PSU Debt Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt93.8%
- Other6.2%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 6.53% | ₹566 Cr | +0.96% | +0.93% | +0.89% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.25% | ₹369 Cr | +5.62% | +5.46% | +1.39% |
| Power Finance Corporation Ltd. | Financial | 2.82% | ₹245 Cr | +5.08% | +5.08% | +0.50% |
| Export-Import Bank Of India | Financial | 2.04% | ₹177 Cr | +1.61% | +1.56% | +1.11% |
| National Bank For Financing Infrastructure And Development | Financial | 1.87% | ₹162 Cr | +1.61% | +0.84% | +0.83% |
| State Bank of India | Financial | 1.82% | ₹158 Cr | +1.79% | +1.78% | +2.31% |
| Shivshakti Securitisation Trust | Others | 1.62% | ₹141 Cr | +1.60% | +1.61% | — |
| Tata Capital Housing Finance Ltd. | Financial | 1.58% | ₹137 Cr | +1.13% | +1.14% | +1.64% |
| Bajaj Finance Ltd. | Financial | 1.42% | ₹123 Cr | +2.24% | +2.26% | +2.79% |
| Union Bank of India | Financial | 1.39% | ₹121 Cr | +0.53% | +0.52% | +1.04% |
| REC Ltd. | Financial | 1.38% | ₹120 Cr | +6.44% | +3.00% | +2.98% |
| Indian Renewable Energy Development Agency Ltd. | Financial | 1.14% | ₹99.27 Cr | +1.12% | +1.12% | +1.11% |
| Indian Railway Finance Corporation Ltd. | Financial | 1.04% | ₹90.51 Cr | +0.35% | +0.35% | +0.34% |
| Tata Capital Ltd. | Financial | 0.91% | ₹79.33 Cr | +1.14% | +0.11% | +0.11% |
| company:5329 | Financial | 0.85% | ₹73.87 Cr | +0.54% | +0.53% | +0.81% |
| National Housing Bank | Financial | 0.70% | ₹60.63 Cr | +0.68% | +2.44% | +0.55% |
| Bank Of Baroda | Financial | 0.67% | ₹58.40 Cr | +1.13% | +1.04% | +1.20% |
| HDFC Bank Ltd. | Financial | 0.62% | ₹54.16 Cr | +0.68% | +0.68% | +0.67% |
| Tata Capital Financial Services Ltd. | Financial | 0.58% | ₹49.96 Cr | +0.56% | +0.56% | +0.22% |
| Poonawalla Fincorp Ltd. | Financial | 0.57% | ₹49.81 Cr | +0.56% | +0.56% | +0.55% |
| Kotak Mahindra Investments Ltd. | Financial | 0.57% | ₹49.32 Cr | +0.56% | +0.55% | — |
| Rajgarh Transmission Ltd. | Energy | 0.56% | ₹48.66 Cr | — | — | — |
| Punjab National Bank | Financial | 0.56% | ₹48.35 Cr | +1.62% | +2.35% | — |
| Indian Bank | Financial | 0.54% | ₹47.27 Cr | +1.62% | +1.57% | — |
| Telangana State | Financial | 0.47% | ₹40.93 Cr | +0.44% | — | — |
| Bharti Telecom Ltd. | Communication | 0.45% | ₹39.34 Cr | +0.44% | +0.44% | — |
| company:6884 | Others | 0.43% | ₹37.13 Cr | +0.28% | +0.57% | +0.11% |
| National Bank For Agriculture & Rural Development | Financial | 0.41% | ₹35.30 Cr | +0.35% | +0.35% | +0.34% |
| ICICI Home Finance Company Ltd. | Financial | 0.40% | ₹34.38 Cr | +0.39% | +0.39% | +0.38% |
| GOI | Sovereign | 0.37% | ₹32.41 Cr | +0.31% | +0.31% | +0.32% |
| Bajaj Housing Finance Ltd. | Financial | 0.34% | ₹29.92 Cr | +0.11% | +0.11% | +0.33% |
| Knowledge Realty Trust | Construction | 0.33% | ₹28.72 Cr | +0.32% | +0.32% | — |
| Fullerton India Home Finance Ltd. | Financial | 0.29% | ₹25.01 Cr | +0.28% | +0.28% | +0.28% |
| Assam State | Others | 0.29% | ₹24.97 Cr | +0.28% | +0.28% | — |
| Kotak Mahindra Bank Ltd. | Financial | 0.28% | ₹24.53 Cr | +0.54% | +0.52% | — |
| ICICI Bank Ltd. | Financial | 0.28% | ₹24.34 Cr | +0.54% | — | — |
| HDB Financial Services Ltd. | Financial | 0.28% | ₹24.25 Cr | +0.27% | +0.28% | +0.28% |
| Canara Bank | Financial | 0.28% | ₹24.15 Cr | +0.57% | +0.79% | +0.27% |
| Housing & Urban Development Corporation Ltd. | Financial | 0.24% | ₹20.57 Cr | — | +0.83% | +1.09% |
| Haryana State | Others | 0.23% | ₹20.06 Cr | +0.22% | — | — |
| LIC Housing Finance Ltd. | Financial | 0.23% | ₹20.01 Cr | +0.34% | +0.34% | +0.33% |
| India Universal Trust AL1 | Others | 0.21% | ₹17.88 Cr | +0.21% | +0.21% | +0.22% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 0.19% | ₹16.08 Cr | +0.18% | +0.18% | +0.18% |
| Aditya Birla Housing Finance Ltd. | Financial | 0.17% | ₹15.05 Cr | — | — | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 0.17% | ₹14.51 Cr | +0.16% | +0.17% | +0.17% |
| Power Grid Corporation Of India Ltd. | Energy | 0.15% | ₹13.33 Cr | +0.11% | +0.11% | +0.11% |
| Siddhivinayak Securitisation Trust | Others | 0.12% | ₹10.75 Cr | +0.12% | +0.40% | — |
| Tamilnadu State | Others | 0.05% | ₹4.13 Cr | +0.05% | +0.05% | +0.05% |
| Uttarakhand State | Others | 0.02% | ₹2.03 Cr | +0.02% | +0.02% | +0.02% |
| Gujarat State | Construction | 0.01% | ₹1.19 Cr | +0.01% | +0.01% | +0.01% |
| Maharashtra State | Others | 0.01% | ₹1.00 Cr | +0.29% | +0.01% | +0.02% |
| Uttar Pradesh State | Others | 0.01% | ₹0.51 Cr | +0.01% | +0.01% | +0.01% |
| National Highways Authority of India Ltd. | Services | 0.01% | ₹0.50 Cr | +0.01% | +0.01% | +0.01% |
| Madhya Pradesh State | Others | 0.00% | ₹0.00 Cr | 0.00% | +0.11% | +0.01% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Indian Oil Corporation Ltd. | 1.20% | 0.00% | -1.20% |
| company:5329 | 0.00% | 0.85% | +0.85% |
| L&T Finance Ltd. | 0.57% | 0.00% | -0.57% |
| NTPC Ltd. | 0.57% | 0.00% | -0.57% |
| National Highways Authority of India Ltd. | 0.58% | 0.01% | -0.57% |
| Tata Capital Housing Finance Ltd. | 0.56% | 1.01% | +0.44% |
| company:6884 | 0.00% | 0.43% | +0.43% |
| Export-Import Bank Of India | 0.82% | 1.12% | +0.30% |
| Karnataka State | 0.30% | 0.00% | -0.30% |
| Bihar State | 0.28% | 0.00% | -0.28% |
| Kotak Mahindra Bank Ltd. | 0.55% | 0.28% | -0.26% |
| Telangana State | 0.58% | 0.47% | -0.11% |
| Small Industries Devp. Bank of India Ltd. | 1.14% | 1.17% | +0.03% |
| Shivshakti Securitisation Trust | 1.60% | 1.62% | +0.02% |
| Union Bank of India | 0.81% | 0.83% | +0.02% |
| Power Finance Corporation Ltd. | 1.71% | 1.72% | +0.01% |
| Punjab National Bank | 0.54% | 0.56% | +0.01% |
| Indian Bank | 0.53% | 0.54% | +0.01% |
| Poonawalla Fincorp Ltd. | 0.56% | 0.57% | +0.01% |
| Rajgarh Transmission Ltd. | 0.55% | 0.56% | +0.01% |
| Kotak Mahindra Investments Ltd. | 0.56% | 0.57% | +0.01% |
| Tata Capital Ltd. | 0.57% | 0.57% | +0.01% |
| Others | 0.32% | 0.33% | +0.01% |
| Tata Capital Financial Services Ltd. | 0.57% | 0.58% | +0.01% |
| ICICI Bank Ltd. | 0.27% | 0.28% | +0.01% |
| Canara Bank | 0.27% | 0.28% | +0.01% |
| Bharti Telecom Ltd. | 0.45% | 0.45% | +0.01% |
| Indian Renewable Energy Development Agency Ltd. | 1.14% | 1.14% | +0.01% |
| REC Ltd. | 0.58% | 0.59% | +0.01% |
| State Bank of India | 1.82% | 1.82% | -0.01% |
| Fullerton India Home Finance Ltd. | 0.28% | 0.29% | 0.00% |
| National Housing Bank | 0.69% | 0.70% | 0.00% |
| Knowledge Realty Trust | 0.33% | 0.33% | 0.00% |
| National Bank For Financing Infrastructure And Development | 1.03% | 1.03% | 0.00% |
| Housing & Urban Development Corporation Ltd. | 0.23% | 0.24% | 0.00% |
| ICICI Home Finance Company Ltd. | 0.39% | 0.40% | 0.00% |
| Bajaj Finance Ltd. | 0.28% | 0.28% | 0.00% |
| Mahindra & Mahindra Financial Services Ltd. | 0.16% | 0.17% | 0.00% |
| Bank Of Baroda | 0.11% | 0.11% | 0.00% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 0.18% | 0.19% | 0.00% |
| GOI | 0.16% | 0.16% | 0.00% |
| LIC Housing Finance Ltd. | 0.17% | 0.17% | 0.00% |
| Bajaj Housing Finance Ltd. | 0.29% | 0.29% | 0.00% |
| HDFC Bank Ltd. | 0.34% | 0.34% | 0.00% |
| Aditya Birla Housing Finance Ltd. | 0.17% | 0.17% | 0.00% |
| Assam State | 0.29% | 0.29% | 0.00% |
| Siddhivinayak Securitisation Trust | 0.12% | 0.12% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.12% | 0.12% | 0.00% |
| Indian Railway Finance Corporation Ltd. | 0.12% | 0.12% | 0.00% |
| Haryana State | 0.23% | 0.23% | 0.00% |
| HDB Financial Services Ltd. | 0.28% | 0.28% | 0.00% |
| Power Grid Corporation Of India Ltd. | 0.06% | 0.06% | 0.00% |
| Tamilnadu State | 0.05% | 0.05% | 0.00% |
| Uttarakhand State | 0.02% | 0.02% | 0.00% |
| Gujarat State | 0.01% | 0.01% | 0.00% |
| Maharashtra State | 0.01% | 0.01% | 0.00% |
| India Universal Trust AL1 | 0.21% | 0.21% | 0.00% |
| Uttar Pradesh State | 0.01% | 0.01% | 0.00% |
| Madhya Pradesh State | 0.00% | 0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹5,539 Cr | 0.63% | 5.5% | 6.5% | 6.7% |
 Bandhan Banking and PSU Debt Fund | ₹12,014 Cr | 0.68% | 5.7% | 6.4% | 6.5% |
 ICICI Prudential Banking and PSU Debt Fund | ₹8,667 Cr | 0.74% | 4.9% | 6.3% | 6.6% |
 Kotak Banking and PSU Debt Fund | ₹4,937 Cr | 0.75% | 4.6% | 6.2% | 6.5% |
 UTI Banking & PSU Debt Fund | ₹1,508 Cr | 0.47% | 6.2% | 6.9% | 7.2% |
 Franklin India Banking & PSU Debt Fund | ₹567 Cr | 0.49% | 5.9% | 6.8% | 6.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Harshil SuvarnkarMr. Suvarnkar has doneB.Com, Masters in Management Studies (Finance) and Post Graduate Diploma in Securities Law.Prior to Joining Aditya Birla Sun Life MF, he has worked with Indiabulls Housing Finance Limited,
- Kaustubh GuptaMr. Gupta is a B.Com and a Chartered Accountant.Prior to joining Aditya Birla Sun Life AMC he has worked with ICICI Bank.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.71% absolute | ₹60,000 | ₹61,626 | 2.71% | |
| 1 year4.43% annualised | ₹1,20,000 | ₹1,22,919 | 2.43% | |
| 3 years6.60% annualised | ₹3,60,000 | ₹3,99,094 | 10.86% | |
| 5 years5.84% annualised | ₹6,00,000 | ₹6,98,220 | 16.37% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Aditya Birla Sun Life Banking and PSU Debt Fund?
The NAV of Aditya Birla Sun Life Banking and PSU Debt Fund is ₹387.61 as on 24 Sep 2026.
What is the expense ratio of Aditya Birla Sun Life Banking and PSU Debt Fund?
The expense ratio of Aditya Birla Sun Life Banking and PSU Debt Fund is 0.75% per year.
What is the minimum SIP amount for Aditya Birla Sun Life Banking and PSU Debt Fund?
You can start a SIP in Aditya Birla Sun Life Banking and PSU Debt Fund with ₹3,000 a month.
What returns has Aditya Birla Sun Life Banking and PSU Debt Fund given?
Aditya Birla Sun Life Banking and PSU Debt Fund has returned 4.2% over 1 year, 5.9% over 3 years and 6.2% over 5 years (annualised).
Is there a lock-in or exit load on Aditya Birla Sun Life Banking and PSU Debt Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 90 days..
How risky is Aditya Birla Sun Life Banking and PSU Debt Fund?
Aditya Birla Sun Life Banking and PSU Debt Fund is rated Moderate on the SEBI riskometer and belongs to the Banking and PSU category.
Which fund house manages Aditya Birla Sun Life Banking and PSU Debt Fund?
Aditya Birla Sun Life Banking and PSU Debt Fund is managed by Aditya Birla Sun Life Mutual Fund, which runs 86 schemes with ₹4,32,524 Cr under management.