Aditya Birla Sun Life Banking & PSU Debt Fund
Direct–Growth is the plan and option we treat as this fund's main page, so search engines are pointed there. Everything below is this filing's own data.
Fund basics
What it actually holds
The real portfolio the AMC filed with AMFI. Nothing here is estimated — when a fund has no filing in our store the section simply does not appear. A fund is its holdings; the returns above are only what those holdings did.
Asset allocation
A fund's risk starts here — how much of it is even in the market — before any question of which stocks or which sectors. Cash is not idleness; it is the manager's choice not to be invested, and it shows up as a drag in a rising market and a cushion in a falling one.
Portfolio aggregates
Concentration
| Number of stocks | 205 |
|---|---|
| Top 5 stocks | 13.05% |
| Top 10 stocks | 21.61% |
| Top 20 stocks | 34.51% |
| Largest single holding | 4.82% |
| Largest sector | ICRA AAA · 39.37% |
| Number of sectors | 11 |
| Effective stocks | 91.8 |
| Cash & equivalents | 3.22% |
Counting positions overstates diversification. The effective-stocks figure is the honest count: a portfolio can hold seventy names and still have most of its money in twenty.
Sector allocation
Largest holdings
Top 10 are 22.5% of the fund. A high number means a concentrated portfolio — fewer names doing more of the work, for better and for worse.
Disclosed holdings from the AMC's AMFI filing, largest first. A portfolio is filed monthly and shifts between filings — this is the most recent one loaded, not a live book.
How it compares in its category
Against the Banking & PSU Regular schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| Franklin India Banking & PSU Debt Fund Franklin Templeton Mutual Fund | 7.2% | — | — | 1.7% | 0.41 | -3.7% |
| UTI Banking & PSU Debt Fund UTI Mutual Fund | 7.1% | — | — | 3.0% | 0.22 | -6.7% |
| Kotak Banking and PSU Debt Fund Kotak Mahindra Mutual Fund | 7.0% | — | — | 1.7% | 0.27 | -2.9% |
| ICICI Prudential Banking and PSU Debt Fund ICICI Prudential Mutual Fund | 7.0% | — | — | 1.5% | 0.32 | -2.9% |
| Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund) Sundaram Mutual Fund | 7.0% | — | — | 1.0% | 0.47 | -1.8% |
| Invesco India Banking and PSU Debt Fund Invesco Mutual Fund | 6.9% | — | — | 2.1% | 0.18 | -4.9% |
| Bandhan Banking and PSU Debt Fund Bandhan Mutual Fund | 6.9% | — | — | 1.5% | 0.25 | -3.3% |
| LIC MF Banking & PSU Debt Fund LIC Mutual Fund | 6.8% | — | — | 2.2% | 0.14 | -5.8% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Banking & PSU scheme is
At least 80% in debt of banks, PSUs and public financial institutions.
Issuers with the strongest balance sheets in the country, many state-backed. One of the safest places in debt outside government securities.
Who it suits. Investors who want safety close to a gilt fund with a little more yield.
How long money should stay. 2 to 3 years.
Questions people ask
What is the NAV of Aditya Birla Sun Life Banking & PSU Debt Fund — Regular Plan — GROWTH?
₹387.5282 as on 27 Aug 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of Aditya Birla Sun Life Banking & PSU Debt Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the Growth option mean?
Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.
What kind of scheme is this?
At least 80% in debt of banks, PSUs and public financial institutions. Issuers with the strongest balance sheets in the country, many state-backed. One of the safest places in debt outside government securities.
How long should money stay in it?
Typically 2 to 3 years. Investors who want safety close to a gilt fund with a little more yield.