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    • Aditya Birla Sun Life Banking & PSU Debt Fund Retail (Growth)

    Formerly Aditya BSL Trs Optimizer Retl Gr

    Aditya Birla Sun Life Mutual Fund

    Aditya Birla Sun Life Banking & PSU Debt Fund Retail (Growth)

    DebtBanking And Psu

    Top Ranked

    438.0448

    NAV (Sep 17)

    9%
    3 Year CAGR
    Scripbox Opinion

    Top Ranked

    These are the top-ranked funds within banking and psu mutual funds.However, Scripbox does not recommend investing in banking and psu mutual funds.Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.

    They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.

    The category accounts for close to 8% of the total assets in the Debt Segment.

    We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

    Our analysis of this fundLearn how we rate funds ->

    Track Record

    19 Years. The Fund has Sufficient history for analysis and the track record is good.

    Relative Size

    18,125 Cr. Category leader in size

    Impact of Interest Rate Changes

    High Interest Rate Risk. The impact on fund value is high when interest rates change

    Credit Quality Of Fund's Portfolio

    Low Credit Risk. The fund has a high credit quality compared to other debt funds

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    Short Term Money

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
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      Expert Investing Only, Car, Down Payment

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    Historical NAV

    438.0448

    NAV (Sep 17)

    Fund Returns

    Last 1Y
    5.9%
    Last 3Y
    9%
    Last 5Y
    7.8%
    Last 10Y
    9%
    Since Inception
    7.9%
    6 Month CAGR
    4%
    info-icon-blue

    Scheme Information

    Investment Objective

    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.

    Low

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

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    Moderate Risk

    Expense Ratio
    0.67
    Launched (19y ago)
    Apr 19, 2002
    AUM in Crores
    18124.911
    ISIN
    INF209K01LT4
    Lock-in
    No Lock-in
    Benchmark
    NIFTY Banking & PSU Debt TR INR
    SIP Minimum
    0
    Lumpsum Min.
    5000
    Fund Managers
    user-avatar

    Harshil Suvarnkar

    Fund Manager

    user-avatar

    Kaustubh Gupta

    Fund Manager

    calculator

    Returns Calculator Comparison

    of

    for

    with step up of

    InstrumentReturnsTotal CorpusGainsAnnualised %
    Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
    EPF70% ₹ 900,761 ₹ 168,1498.50%
    Property70% ₹ 867,662 ₹ 135,0507.00%
    PPF70% ₹ 869,819 ₹ 137,2077.10%
    Bank FD70% ₹ 846,471 ₹ 113,8596.00%
    Gold70% ₹ 846,471 ₹ 113,8596.00%
    Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

    Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • Inflation beating returns
      Inflation beating returns
    • Expert Investing Only, Car, Down Payment
      Expert Investing Only, Car, Down Payment
    • One click investing  tracking
      One click investing tracking
    comparison

    Comparison with Debt Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    Kotak Savings Fund (G)

    ₹ 14,236 cr

    5

    ₹ 32,671 cr

    5

    ₹ 12,277 cr

    5

    ₹ 34,969 cr

    5

    ₹ 24,715 cr

    5

    amc-icon

    About the AMC

    Aditya Birla Sun Life AMC Ltd

    Aditya Birla Sun Life AMC Ltd manages assets worth 316,702 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 83 equity,329 debt and 19 hybrid funds.

    amc-img

  • tel-amc-about
    022-43568000
  • mail-amc-about
    care.mutualfunds@adityabirlacapital.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    16.2%

    15%

    5.1%

    7.2%

    5.1%

    6.9%

    5.1%

    7.2%

    5.1%

    6.8%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

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    Invest via netbanking, UPI or through an SIP (eNACH mandate).

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G)

    About Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G)

    Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) is a Banking And Psu Debt fund and has delivered an annualised return of 7.9% over a period of 19 years. The fund was previously known as Aditya BSL Trs Optimizer Retl Gr . The fund is managed by Aditya Birla Sun Life AMC Ltd. The fund managers are Harshil Suvarnkar, Kaustubh Gupta

    Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) Investment Objective

    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. . However, there is no assurance that the objective of the scheme will be realized.

    Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) NAV,AUM,Risk

    The Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) fund was launched on Apr 19, 2002. The NAV (Net Asset Value) of this Banking And Psu Debt fund as of 2021-09-17 is ₹438.04. The total AUM (Asset Under Management) of the fund as of 20/09/2021 is ₹18124.911. The category risk of the Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) fund is Moderate Risk. The fund charges 0.67 % as expense ratio.

    Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) Holdings

    The fund’s highest allocation is towards Debt and has invested 79.6% in this asset class. The top three holdings of the fund are , clearing corporation of india limited , net receivables / (payables) , national bank for agriculture and rural development , axis bank limited , national bank for agriculture and rural development , power finance corporation limited , axis bank limited , govt stock , hdfc bank limited , housing and urban development corporation limited , power finance corporation limited , housing and urban development corporation limited (hudco) , state bank of india , state bank of india , national bank for agriculture and rural development , 8.15% govt stock 2026 , 8.24% govt stock 2027 , national bank for agriculture and rural development , axis bank limited , housing and urban development corporation limited , rural electrification corporation limited , hdb financial services limited , power finance corporation limited , small industries development bank of india , national highways authority of india , rec limited , rec limited , sikka ports & terminals limited , small industries development bank of india , axis bank limited , idfc first bank limited , barclays bank plc , rural electrification corporation limited , national housing bank , state bank of india , state bank of india , national highways authority of india , housing and urban development corporation limited (hudco) , bank of baroda , axis bank limited , 6.90% oil mktg cos goi sb 2026 , 7.68% govt stock 2023 , indian oil corporation limited , state bank of india , axis finance limited , 7.35% govt stock 2024 , housing and urban development corporation limited (hudco) , mahindra & mahindra financial services limited , icici bank limited , small industries development bank of india , l&t infrastructure finance company limited , rural electrification corporation limited , rural electrification corporation limited , 8.22% tamil nadu sdl 2025 , power finance corporation limited , indian oil corporation limited , national bank for agriculture and rural development , power finance corporation limited , national bank for agriculture and rural development , axis bank limited , export-import bank of india , idfc first bank limited , national highways authority of india , housing and urban development corporation limited , bank of baroda , 8.83% govt stock 2023 , rec limited , national bank for agriculture and rural development , indian railway finance corporation limited , power finance corporation limited , nabha power limited , rural electrification corporation limited , indusind bank limited , mahindra & mahindra financial services limited , indian railway finance corporation limited , power grid corporation of india limited , export import bank of india , rural electrification corporation limited , 6.84% govt stock 2022 , rural electrification corporation limited , small industries development bank of india , power grid corporation of india limited , mangalore refinery & petrochemicals ltd. , national bank for agriculture and rural development , 182 dtb 02122021 , rural electrification corporation limited , sundaram home finance limited , l&t infrastructure finance company limited , indusind bank limited , national highways authority of india , hdfc credila financial services private limited , 8.62% maharashtra sdl 2023 , rural electrification corporation limited , power finance corporation limited , rural electrification corporation limited , tata capital housing finance limited , export-import bank of india , 8.29% andhra pradesh sdl 2026 , national highways authority of india , rural electrification corporation limited , rec limited , 7.16% govt stock 2023 , rbl bank limited , axis finance limited , power finance corporation limited , indian oil corporation limited , hdb financial services limited , mangalore refinery & petrochemicals limited , icici bank limited , national bank for agriculture and rural development , ntpc limited , national housing bank , mahindra & mahindra financial services limited , l&t infrastructure finance company limited , aditya birla finance limited , power finance corporation limited , national highways authority of india , 8.33% govt stock 2026 , national highways authority of india , indian bank , hindustan petroleum corporation limited , ongc petro additions limited , rec limited , power finance corporation limited , hdfc bank limited , indian railway finance corporation limited , rural electrification corporation limited , india grid trust , 7.32% govt stock 2024 , 7.56% up sdl 2027 , 8.25% gujarat sdl 2024 , india grid trust , lic housing finance limited , housing development finance corporation limited , housing and urban development corporation limited , national highways authority of india , 6.18% govt stock 2024 , allahabad bank , rural electrification corporation limited , national bank for agriculture and rural development , 8.16% kerala sdl 2025 , 8.83% tamil nadu sdl 2024 , power finance corporation limited , 8.52% telangana sdl 2026 , bharat petroleum corporation limited , power grid corporation of india limited , icici bank limited , 7.62% ka sdl 2027 , 8.64% andhra pradesh sdl 2023 , rural electrification corporation limited , export-import bank of india , rural electrification corporation limited , power finance corporation limited , power finance corporation limited , mangalore refinery & petrochemicals limited , hdb financial services limited , power finance corporation limited , hdb financial services limited , 6.17% govt stock 2023 , bajaj housing finance limited , export-import bank of india , tata capital financial services limited , sundaram home finance limited , national bank for agriculture and rural development , national bank for agriculture and rural development , rural electrification corporation limited , national bank for agriculture and rural development , summit digitel infrastructure private limited , housing and urban development corporation ltd. , 06.98 mh sdl 2028 , 7.27% govt stock 2026 , pipeline infrastructure private limited , power grid corporation of india limited , rural electrification corporation limited , niif infrastructure finance limited , power finance corporation limited , 6.97% govt stock 2026 , idfc first bank limited , 8.13% govt stock 2022 , indian railway finance corporation limited , kotak mahindra prime limited , 06.87 mh sdl 2030 , 8.57% andhra pradesh sdl 2026 , rec limited , indian railway finance corporation limited , rural electrification corporation limited , 7.17% govt stock 2028 , lic housing finance limited , rec limited , ntpc limited , bajaj finance limited , 8.96% maharashtra sdl 2024 , nuclear power corporation of india limited , power finance corporation limited , national bank for agriculture and rural development , indian railway finance corporation limited , 8.99% madhya pradesh sdl 2024 , power grid corporation of india limited , 8.96% tamil nadu sdl 2024 , 8.38% tamil nadu sdl 2026 , bank of baroda , nhpc limited (national hydroelectric power corporation limited) , export-import bank of india , 8.86% tamil nadu sdl 2022 , nhpc limited , export-import bank of india , nhpc limited , rural electrification corporation limited , hindustan petroleum corporation limited , rural electrification corporation limited , nhpc limited , indian railway finance corporation limited , power finance corporation limited , housing and urban development corporation limited , national bank for agriculture and rural development , rec limited , 7.65% tn sdl 2027 , indian railway finance corporation limited , 4.26% govt stock 2023 , power grid corporation of india limited , axis bank limited , indusind bank limited , 06.70 tn sdl 2024

    Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

    Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) Investment volatility and Horizon

    This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Banking & PSU Debt TR INR.

    Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) Review

    Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) has a score of 4 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, Aditya Birla Sun Life Banking & PSU Debt Fund Retail (G) has a score of 5out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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