Aditya Birla Sun Life Banking and PSU Debt Fund
Banking and PSUModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹389.06+0.08%1 day
- Return since launch
- 7.6%
- 52-week range
- ₹375.26 — ₹388.87
- AUM
- ₹8,338 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 ₹8,338 Cr under management, launched in 2008. Over three years it has returned 5.6% a year, against 6.6% 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 +3.6% against +4.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.7% | −0.4 pts | 4.1% | 4.3% |
| 2Y | 4.7% | −0.4 pts | 5.0% | 5.0% |
| 3Y | 5.6% | −1.1 pts | 6.6% | 5.8% |
| 5Y | 6.1% | +0.2 pts | 5.9% | 6.2% |
| 7Y | 6.0% | −0.1 pts | 6.0% | 6.0% |
| 10Y | 6.4% | −0.2 pts | 6.6% | 6.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 0.1% | −0.2 pts | 0.4% | 0.4% |
| 6M | 2.3% | −0.3 pts | 2.6% | 2.6% |
| 1Y | 3.6% | −0.5 pts | 4.1% | 4.2% |
| 2Y | 5.7% | −0.2 pts | 5.9% | 5.9% |
| 3Y | 6.5% | −0.1 pts | 6.6% | 6.7% |
| 5Y | 5.9% | 0.0 pts | 5.9% | 5.9% |
| 7Y | 6.3% | +0.1 pts | 6.2% | 6.1% |
| 10Y | 6.6% | 0.0 pts | 6.6% | 6.6% |
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 5 Nov 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 | 0.38 | 0.83 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.64 | 1.41 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.69 | 1.35 | 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 30 Sep 2026
Asset allocation
- Debt90.2%
- Other9.8%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 10.28% | ₹868 Cr | +0.95% | +0.95% | +0.90% |
| Power Finance Corporation Ltd. | Financial | 4.69% | ₹396 Cr | +5.08% | +5.12% | +7.62% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.07% | ₹344 Cr | +5.60% | +5.59% | +1.40% |
| Indian Railway Finance Corporation Ltd. | Financial | 2.65% | ₹223 Cr | +0.35% | +0.35% | +0.35% |
| National Bank For Financing Infrastructure And Development | Financial | 1.91% | ₹162 Cr | +5.05% | +0.84% | +0.84% |
| State Bank of India | Financial | 1.83% | ₹155 Cr | +1.80% | +1.81% | +2.32% |
| Export-Import Bank Of India | Financial | 1.81% | ₹153 Cr | +1.60% | +1.60% | +1.12% |
| Shivshakti Securitisation Trust | Others | 1.64% | ₹138 Cr | +1.59% | +1.62% | +1.60% |
| Tata Capital Housing Finance Ltd. | Financial | 1.61% | ₹136 Cr | +1.11% | +1.15% | +0.56% |
| Bajaj Finance Ltd. | Financial | 1.45% | ₹122 Cr | +2.24% | +2.28% | +2.82% |
| REC Ltd. | Financial | 1.43% | ₹121 Cr | +1.73% | +1.19% | +3.00% |
| Indian Renewable Energy Development Agency Ltd. | Financial | 1.16% | ₹98.01 Cr | +1.12% | +1.12% | +1.12% |
| Bank Of Baroda | Financial | 1.15% | ₹96.71 Cr | +1.10% | +1.07% | +1.41% |
| Siddhivinayak Securitisation Trust | Others | 0.97% | ₹82.17 Cr | +0.12% | +0.40% | +1.50% |
| Tata Capital Ltd. | Financial | 0.94% | ₹79.28 Cr | +1.12% | +0.12% | +0.11% |
| Union Bank of India | Financial | 0.86% | ₹72.95 Cr | +0.53% | +1.06% | +1.06% |
| National Housing Bank | Financial | 0.71% | ₹59.66 Cr | +0.69% | +2.19% | +0.56% |
| HDFC Bank Ltd. | Financial | 0.64% | ₹54.05 Cr | +0.68% | +0.68% | +0.68% |
| Aditya Birla Housing Finance Ltd. | Financial | 0.60% | ₹50.84 Cr | — | — | — |
| Poonawalla Fincorp Ltd. | Financial | 0.59% | ₹49.83 Cr | +0.56% | +0.57% | +0.55% |
| Tata Capital Financial Services Ltd. | Financial | 0.59% | ₹49.83 Cr | +0.56% | +0.57% | +0.23% |
| Kotak Mahindra Investments Ltd. | Financial | 0.58% | ₹49.22 Cr | +0.55% | +0.56% | — |
| Kotak Mahindra Bank Ltd. | Financial | 0.58% | ₹48.80 Cr | +0.54% | +0.53% | — |
| Axis Bank Ltd. | Financial | 0.58% | ₹48.67 Cr | — | +0.54% | +0.11% |
| ICICI Bank Ltd. | Financial | 0.57% | ₹48.42 Cr | +0.54% | +0.54% | — |
| Rajgarh Transmission Ltd. | Energy | 0.57% | ₹48.08 Cr | +0.55% | — | — |
| Indian Bank | Financial | 0.56% | ₹47.50 Cr | +0.54% | +1.61% | +0.27% |
| Bharti Telecom Ltd. | Communication | 0.47% | ₹39.27 Cr | +0.44% | +0.45% | — |
| Telangana State | Financial | 0.46% | ₹38.58 Cr | +0.44% | +0.44% | — |
| Rajasthan State | Others | 0.43% | ₹36.59 Cr | +0.28% | +0.57% | +0.11% |
| ICICI Home Finance Company Ltd. | Financial | 0.40% | ₹34.16 Cr | +0.39% | +0.39% | +0.39% |
| Bajaj Housing Finance Ltd. | Financial | 0.35% | ₹29.69 Cr | +0.84% | +0.11% | +0.11% |
| Knowledge Realty Trust | Construction | 0.34% | ₹28.66 Cr | +0.32% | +0.33% | +0.32% |
| Fullerton India Home Finance Ltd. | Financial | 0.30% | ₹24.99 Cr | +0.28% | +0.28% | +0.28% |
| Maharashtra State | Others | 0.29% | ₹24.52 Cr | +0.29% | +0.01% | +0.02% |
| Canara Bank | Financial | 0.29% | ₹24.46 Cr | +0.27% | +0.80% | +0.27% |
| HDB Financial Services Ltd. | Financial | 0.28% | ₹23.91 Cr | +0.27% | +0.28% | +0.28% |
| Housing & Urban Development Corporation Ltd. | Financial | 0.24% | ₹20.42 Cr | +0.23% | +0.83% | +0.83% |
| LIC Housing Finance Ltd. | Financial | 0.24% | ₹19.92 Cr | +0.34% | +0.34% | +0.34% |
| India Universal Trust AL1 | Others | 0.21% | ₹17.60 Cr | +0.21% | +0.21% | +0.22% |
| GOI | Sovereign | 0.20% | ₹16.58 Cr | +0.32% | +0.31% | +0.08% |
| National Bank For Agriculture & Rural Development | Financial | 0.19% | ₹16.22 Cr | +0.35% | +3.21% | +0.35% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 0.19% | ₹16.06 Cr | +0.18% | +0.18% | +0.18% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 0.17% | ₹14.49 Cr | +0.16% | +0.17% | +0.17% |
| Power Grid Corporation Of India Ltd. | Energy | 0.16% | ₹13.30 Cr | +0.11% | +0.12% | +0.11% |
| Assam State | Others | 0.12% | ₹9.87 Cr | +0.28% | +0.28% | +0.28% |
| Tamilnadu State | Others | 0.05% | ₹4.10 Cr | +0.05% | +0.05% | +0.05% |
| Uttarakhand State | Others | 0.02% | ₹2.00 Cr | +0.02% | +0.02% | +0.02% |
| Gujarat State | Construction | 0.01% | ₹1.18 Cr | +0.84% | +0.01% | +0.01% |
| National Highways Authority of India Ltd. | Services | 0.01% | ₹0.50 Cr | +0.57% | +0.01% | +0.01% |
| Uttar Pradesh State | Others | 0.01% | ₹0.50 Cr | +0.01% | +0.01% | +0.01% |
| Madhya Pradesh State | Others | 0.00% | ₹0.00 Cr | 0.00% | 0.00% | +0.01% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | 1.17% | 0.06% | -1.11% |
| Siddhivinayak Securitisation Trust | 0.12% | 0.97% | +0.85% |
| company:5500 | 0.56% | 0.00% | -0.56% |
| Union Bank of India | 0.83% | 0.29% | -0.55% |
| Bank Of Baroda | 0.11% | 0.58% | +0.46% |
| Aditya Birla Housing Finance Ltd. | 0.17% | 0.60% | +0.43% |
| Kotak Mahindra Bank Ltd. | 0.28% | 0.58% | +0.30% |
| ICICI Bank Ltd. | 0.28% | 0.57% | +0.29% |
| Maharashtra State | 0.01% | 0.29% | +0.28% |
| Axis Bank Ltd. | 0.85% | 0.58% | -0.27% |
| Export-Import Bank Of India | 1.12% | 0.86% | -0.26% |
| company:6943 | 0.23% | 0.00% | -0.23% |
| Assam State | 0.29% | 0.12% | -0.17% |
| Power Finance Corporation Ltd. | 1.72% | 1.77% | +0.05% |
| Tata Capital Housing Finance Ltd. | 1.01% | 1.02% | +0.02% |
| Indian Bank | 0.54% | 0.56% | +0.02% |
| Indian Renewable Energy Development Agency Ltd. | 1.14% | 1.16% | +0.02% |
| Tata Capital Ltd. | 0.57% | 0.59% | +0.02% |
| Shivshakti Securitisation Trust | 1.62% | 1.64% | +0.02% |
| Poonawalla Fincorp Ltd. | 0.57% | 0.59% | +0.02% |
| Kotak Mahindra Investments Ltd. | 0.57% | 0.58% | +0.02% |
| REC Ltd. | 0.59% | 0.60% | +0.02% |
| Tata Capital Financial Services Ltd. | 0.58% | 0.59% | +0.02% |
| Telangana State | 0.47% | 0.46% | -0.01% |
| State Bank of India | 1.82% | 1.83% | +0.01% |
| National Bank For Financing Infrastructure And Development | 1.03% | 1.05% | +0.01% |
| Bharti Telecom Ltd. | 0.45% | 0.47% | +0.01% |
| Canara Bank | 0.28% | 0.29% | +0.01% |
| Others | 0.33% | 0.34% | +0.01% |
| Rajgarh Transmission Ltd. | 0.56% | 0.57% | +0.01% |
| ICICI Home Finance Company Ltd. | 0.40% | 0.40% | +0.01% |
| Knowledge Realty Trust | 0.33% | 0.34% | +0.01% |
| National Housing Bank | 0.70% | 0.71% | +0.01% |
| Fullerton India Home Finance Ltd. | 0.29% | 0.30% | +0.01% |
| HDFC Bank Ltd. | 0.34% | 0.35% | +0.01% |
| Bajaj Finance Ltd. | 0.28% | 0.29% | +0.01% |
| Bajaj Housing Finance Ltd. | 0.29% | 0.29% | +0.01% |
| Rajasthan State | 0.43% | 0.43% | +0.01% |
| Housing & Urban Development Corporation Ltd. | 0.24% | 0.24% | +0.01% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 0.19% | 0.19% | +0.01% |
| Mahindra & Mahindra Financial Services Ltd. | 0.17% | 0.17% | 0.00% |
| LIC Housing Finance Ltd. | 0.17% | 0.18% | 0.00% |
| HDB Financial Services Ltd. | 0.28% | 0.28% | 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% |
| GOI | 0.16% | 0.17% | 0.00% |
| India Universal Trust AL1 | 0.21% | 0.21% | 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% |
| National Highways Authority of India Ltd. | 0.01% | 0.01% | 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 | ₹5,324 Cr | 0.62% | 5.0% | 6.3% | 6.6% |
 Bandhan Banking and PSU Debt Fund | ₹11,848 Cr | 0.68% | 5.1% | 6.2% | 6.4% |
 ICICI Prudential Banking and PSU Debt Fund | ₹8,082 Cr | 0.72% | 4.4% | 6.0% | 6.5% |
 Kotak Banking and PSU Debt Fund | ₹4,675 Cr | 0.75% | 4.4% | 6.0% | 6.4% |
 UTI Banking & PSU Debt Fund | ₹1,448 Cr | 0.46% | 5.9% | 6.7% | 7.0% |
 Franklin India Banking & PSU Debt Fund | ₹565 Cr | 0.49% | 5.0% | 6.4% | 6.6% |
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 months2.32% absolute | ₹60,000 | ₹61,392 | 2.32% | |
| 1 year3.62% annualised | ₹1,20,000 | ₹1,22,379 | 1.98% | |
| 3 years6.52% annualised | ₹3,60,000 | ₹3,98,590 | 10.72% | |
| 5 years5.87% annualised | ₹6,00,000 | ₹6,98,776 | 16.46% |
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 ₹389.06 as on 9 Nov 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 3.7% over 1 year, 5.6% over 3 years and 6.1% 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 ₹4,46,664 Cr under management.