Aditya Birla Sun Life PSU Equity Fund
Thematic-PSUVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹35.25+0.34%1 day
- Return since launch
- 20.5%
- 52-week range
- ₹32.47 — ₹38.08
- AUM
- ₹6,073 Cr
Aditya Birla Sun Life PSU Equity Fund is a Thematic-PSU equity fund from Aditya Birla Sun Life Mutual Fund with ₹6,073 Cr under management, launched in 2019. Over three years it has returned 6.5% a year, against 17.9% for its category. The expense ratio is 1.88% and the SEBI riskometer reading is Very High.
Performance
Aditya Birla Sun Life PSU Equity Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +8.6% against +0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -0.3% | −5.1 pts | 4.8% | -6.6% |
| 2Y | 5.0% | +2.5 pts | 2.5% | -0.5% |
| 3Y | 6.5% | −11.4 pts | 17.9% | 2.6% |
| 5Y | 18.2% | −2.5 pts | 20.7% | 14.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.1% | −0.1 pts | -3.0% | -1.8% |
| 3M | -2.9% | 0.0 pts | -2.9% | -2.9% |
| 6M | 4.5% | +0.2 pts | 4.3% | 1.6% |
| 1Y | 8.6% | +3.8 pts | 4.8% | -0.6% |
| 2Y | -1.1% | +1.4 pts | -2.5% | -4.7% |
| 3Y | 17.3% | −0.6 pts | 17.9% | 14.4% |
| 5Y | 21.2% | +0.5 pts | 20.7% | 17.8% |
Since launch (9 Dec 2019): 20.5%
Calendar-year returns
Category average37.1%
28.6%
59.3%
14.1%
10.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 10.2% | +0.5 pts | 9.7% |
| 2024 | 14.1% | −9.2 pts | 23.3% |
| 2023 | 59.3% | +2.0 pts | 57.3% |
| 2022 | 28.6% | +0.8 pts | 27.7% |
| 2021 | 37.1% | +1.6 pts | 35.5% |
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
1.88%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.57%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.30%
- Exit load
- Exit load of 1% if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE PSU TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -1.66 | -0.27 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.96 | 0.88 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.73 | 0.79 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.22 | 1.35 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 23.25 | 21.19 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Aditya Birla Sun Life PSU Equity Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.1%
- Other1.9%
Market cap split
- Large74.7%
- Mid17.7%
- Small7.6%
- P/E
- 11.28
- P/B
- 1.66
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| State Bank of India | Financial | 17.85% | ₹1,084 Cr | +16.56% | +20.19% | +15.70% |
| NTPC Ltd. | Energy | 7.11% | ₹432 Cr | +8.57% | +8.28% | +8.27% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 6.78% | ₹412 Cr | +6.50% | +4.26% | +3.10% |
| Power Grid Corporation Of India Ltd. | Energy | 6.13% | ₹372 Cr | +6.89% | +6.05% | +7.56% |
| Union Bank of India | Financial | 4.88% | ₹296 Cr | +5.88% | — | — |
| Bharat Electronics Ltd. | Capital Goods | 4.88% | ₹296 Cr | +4.93% | +5.22% | +5.05% |
| Bank of Maharashtra | Financial | 4.41% | ₹268 Cr | +4.42% | +4.08% | +0.52% |
| GAIL (India) Ltd. | Energy | 3.83% | ₹232 Cr | +4.66% | +4.70% | +6.06% |
| PNB Housing Finance Ltd. | Financial | 3.70% | ₹225 Cr | +3.39% | +2.65% | +2.82% |
| Life Insurance Corporation of India | Insurance | 3.53% | ₹215 Cr | +2.89% | +2.92% | +7.01% |
| Bharat Petroleum Corporation Ltd. | Energy | 3.51% | ₹213 Cr | +3.29% | +4.17% | +4.39% |
| NMDC Ltd. | Metals & Mining | 3.46% | ₹210 Cr | +3.52% | +3.11% | +3.05% |
| Bank of India | Financial | 3.12% | ₹190 Cr | +3.15% | +4.11% | +3.00% |
| Oil And Natural Gas Corporation Ltd. | Energy | 3.01% | ₹183 Cr | +3.51% | +4.88% | +5.48% |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.64% | ₹160 Cr | +2.41% | +2.15% | +2.77% |
| Coal India Ltd. | Materials | 2.44% | ₹148 Cr | +2.83% | +2.89% | +3.29% |
| Bank Of Baroda | Financial | 2.31% | ₹140 Cr | +2.65% | +4.31% | +3.63% |
| Hindustan Petroleum Corporation Ltd. | Energy | 2.04% | ₹124 Cr | +2.24% | +1.09% | +1.09% |
| Others | Others | 1.85% | ₹113 Cr | +2.77% | +2.71% | +4.30% |
| Indian Oil Corporation Ltd. | Energy | 1.76% | ₹107 Cr | +1.80% | +2.36% | +2.00% |
| SBI Life Insurance Company Ltd. | Insurance | 1.74% | ₹106 Cr | +1.87% | +1.19% | +1.03% |
| Oil India Ltd. | Energy | 1.54% | ₹93.36 Cr | +1.54% | +1.54% | +1.51% |
| Mahanagar Gas Ltd. | Energy | 1.25% | ₹75.60 Cr | +1.30% | +1.42% | +1.69% |
| National Aluminium Company Ltd. | Metals & Mining | 1.11% | ₹67.17 Cr | +1.25% | +1.03% | +0.72% |
| Power Finance Corporation Ltd. | Financial | 0.80% | ₹48.58 Cr | +1.04% | +0.98% | +2.02% |
| Indraprastha Gas Ltd. | Energy | 0.77% | ₹46.93 Cr | +0.84% | +0.88% | +1.23% |
| Canara Robeco Asset Management Company Ltd. | Financial | 0.71% | ₹43.11 Cr | +0.69% | +0.69% | — |
| Steel Authority Of India Ltd. | Metals & Mining | 0.69% | ₹41.91 Cr | +1.37% | +1.09% | — |
| BEML Ltd. | Capital Goods | 0.67% | ₹40.64 Cr | +0.61% | +0.58% | +0.77% |
| Container Corporation Of India Ltd. | Services | 0.49% | ₹29.90 Cr | +0.45% | +0.48% | +0.59% |
| Indian Railway Catering And Tourism Corporation Ltd. | Services | 0.37% | ₹22.60 Cr | +0.40% | +0.44% | +0.71% |
| Indian Bank | Financial | 0.34% | ₹20.51 Cr | — | — | — |
| Gujarat Energy Ltd. | Energy | 0.25% | ₹15.20 Cr | +0.41% | +0.41% | +0.49% |
| GSPL Transmission Ltd. | Energy | 0.05% | ₹3.07 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Life Insurance Corporation of India | 1.49% | 0.03% | -1.46% |
| GAIL (India) Ltd. | 5.12% | 3.83% | -1.29% |
| Others | -0.37% | 0.91% | +1.27% |
| Power Grid Corporation Of India Ltd. | 6.71% | 6.13% | -0.58% |
| NTPC Ltd. | 7.65% | 7.11% | -0.54% |
| Bharat Heavy Electricals Ltd. | 6.32% | 6.78% | +0.46% |
| Indian Bank | 0.00% | 0.34% | +0.34% |
| State Bank of India | 17.55% | 17.85% | +0.30% |
| PNB Housing Finance Ltd. | 3.44% | 3.70% | +0.26% |
| Bharat Electronics Ltd. | 4.63% | 4.88% | +0.25% |
| Power Finance Corporation Ltd. | 1.02% | 0.80% | -0.22% |
| Oil And Natural Gas Corporation Ltd. | 3.19% | 3.01% | -0.18% |
| Union Bank of India | 0.43% | 0.61% | +0.18% |
| SBI Life Insurance Company Ltd. | 1.91% | 1.74% | -0.17% |
| Hindustan Petroleum Corporation Ltd. | 2.21% | 2.04% | -0.17% |
| Coal India Ltd. | 2.55% | 2.44% | -0.11% |
| Bank of Maharashtra | 4.32% | 4.41% | +0.09% |
| Steel Authority Of India Ltd. | 0.61% | 0.69% | +0.08% |
| Mahanagar Gas Ltd. | 1.32% | 1.25% | -0.08% |
| National Aluminium Company Ltd. | 1.03% | 1.11% | +0.08% |
| NMDC Ltd. | 3.39% | 3.46% | +0.08% |
| Bank Of Baroda | 2.38% | 2.31% | -0.07% |
| Oil India Ltd. | 1.48% | 1.54% | +0.06% |
| BEML Ltd. | 0.61% | 0.67% | +0.06% |
| Hindustan Aeronautics Ltd. | 2.59% | 2.64% | +0.05% |
| Indian Oil Corporation Ltd. | 1.79% | 1.76% | -0.04% |
| Bank of India | 3.09% | 3.12% | +0.04% |
| Gujarat Energy Ltd. | 0.28% | 0.25% | -0.03% |
| Container Corporation Of India Ltd. | 0.51% | 0.49% | -0.02% |
| Indraprastha Gas Ltd. | 0.79% | 0.77% | -0.02% |
| Canara Robeco Asset Management Company Ltd. | 0.73% | 0.71% | -0.02% |
| Indian Railway Catering And Tourism Corporation Ltd. | 0.38% | 0.37% | -0.01% |
| Bharat Petroleum Corporation Ltd. | 3.51% | 3.51% | 0.00% |
| GSPL Transmission Ltd. | 0.05% | 0.05% | 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 | ₹2,266 Cr | 2.24% | -2.3% | 6.4% | 18.9% |
 SBI PSU Fund | ₹6,703 Cr | 1.94% | -4.9% | 6.4% | 18.9% |
 ICICI Prudential PSU Equity Fund | ₹1,850 Cr | 2.34% | -0.5% | 6.5% | — |
 Quant PSU Fund | ₹431 Cr | 3.56% | 2.2% | — | — |
 Kotak BSE PSU Index Fund | ₹80.52 Cr | 1.11% | -5.9% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provides long term capital appreciation by investing in equity and equity related instruments of Public Sector Undertakings (PSUs).
Fund managers
- Dhaval GalaMr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).
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 months4.51% absolute | ₹60,000 | ₹62,706 | 4.51% | |
| 1 year8.56% annualised | ₹1,20,000 | ₹1,25,712 | 4.76% | |
| 3 years17.28% annualised | ₹3,60,000 | ₹4,74,191 | 31.72% | |
| 5 years21.20% annualised | ₹6,00,000 | ₹10,71,305 | 78.55% |
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 PSU Equity Fund?
The NAV of Aditya Birla Sun Life PSU Equity Fund is ₹35.25 as on 25 Sep 2026.
What is the expense ratio of Aditya Birla Sun Life PSU Equity Fund?
The expense ratio of Aditya Birla Sun Life PSU Equity Fund is 1.88% per year.
What is the minimum SIP amount for Aditya Birla Sun Life PSU Equity Fund?
You can start a SIP in Aditya Birla Sun Life PSU Equity Fund with ₹3,000 a month.
What returns has Aditya Birla Sun Life PSU Equity Fund given?
Aditya Birla Sun Life PSU Equity Fund has returned -0.3% over 1 year, 6.5% over 3 years and 18.2% over 5 years (annualised).
Is there a lock-in or exit load on Aditya Birla Sun Life PSU Equity Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 30 days..
How risky is Aditya Birla Sun Life PSU Equity Fund?
Aditya Birla Sun Life PSU Equity Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-PSU category.
Which fund house manages Aditya Birla Sun Life PSU Equity Fund?
Aditya Birla Sun Life PSU Equity Fund is managed by Aditya Birla Sun Life Mutual Fund, which runs 86 schemes with ₹4,32,524 Cr under management.