3 Year return

43.6%
Launched on December 2019 (5 years)

Investment Details

₹100

Minimum SIP Amount

₹500

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹5121.77 Cr.

Expense Ratio

0.45% (inclusive of GST)

Exit Load

For redemption / switch-out of units on or before 30 days from the date of allotment: 1% of applicable NAV. For redemption / switch-out of units after 30 days from the date of allotment: : Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings

Holdings

Aditya Birla Sun Life Mutual Fund Managers

VM

Vineet Maloo

Fund Manager since Dec 2019

View Details

Fund House Details

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund Asset management company

AUM ₹353,517.40 Cr.
No. of Schemes 226
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Aditya Birla Sun Life Mutual Fund

List of mutual fund schemes by AMC

About Aditya Birla Sun Life PSU Equity Fund Direct Plan Growth

Aditya Birla Sun Life PSU Equity Fund Direct Plan Growth is managed by Aditya Birla Sun Life Mutual Fund, one of the prominent names in the mutual fund industry. This fund falls under the equity category, specifically targeting Public Sector Undertakings (PSUs). PSUs are government-owned companies, and this fund aims to capitalize on potential growth opportunities within this sector.

Investment Objectives of the Scheme

The primary objective of Aditya Birla Sun Life PSU Equity Fund Direct Plan Growth is to provide long-term capital appreciation by predominantly investing in equity and equity-related instruments of PSUs. The fund manager aims to create a diversified portfolio within this sector to achieve consistent growth over the long term.

Key Features of The Fund

5-year return NA
Expense Ratio 0.45%
Fund Manager Vineet Maloo
Fund Size ₹5121.77 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund is suitable for investors who have a moderate to high risk appetite and are looking for long-term capital appreciation. Investing in the equity market comes with its risks, and since this fund primarily focuses on PSU stocks, it could be suitable for investors who believe in the growth potential of government-owned companies and are willing to stay invested for an extended period.

AMC Contact Details

Name Aditya Birla Sun Life Mutual Fund
Launch Date September 1994
Addresss One India Bulls Centre, Tower-1, 17th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai, 400013
Contact 1-800-22-7000
Email care.mutualfunds@adityabirlacapital.com
Website https://mutualfund.adityabirlacapital.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Aditya Birla Sun Life PSU Equity Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Aditya Birla Sun Life PSU Equity Fund Jul 12 2024 is 39.39

What is the AUM of Aditya Birla Sun Life PSU Equity Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Aditya Birla Sun Life PSU Equity Fund is 5121.77 crore.

What is the expense ratio of Aditya Birla Sun Life PSU Equity Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Aditya Birla Sun Life PSU Equity Fund is 0.45%

What are the returns of Aditya Birla Sun Life PSU Equity Fund since inception?

The Aditya Birla Sun Life PSU Equity Fund was launched on Dec 09 2019. The fund has delivered a CAGR of 35.28 since inception.

What is the minimum SIP amount to invest in Aditya Birla Sun Life PSU Equity Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Aditya Birla Sun Life PSU Equity Fund is 100.

How do I invest in Aditya Birla Sun Life PSU Equity Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Aditya Birla Sun Life PSU Equity Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Aditya Birla Sun Life PSU Equity Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Aditya Birla Sun Life PSU Equity Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.