April 16, 2024
mayank
Aditya Birla (ABSL) PSU Equity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 35.4000
NAV IDCW: Rs 30.9300
Suitable For Which Investors?
This is a fund that invests mainly in the shares of government-owned companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provides long term capital appreciation by investing in equity and equity related instruments of Public Sector Undertakings (PSUs).
Fund Manager:
1) Dhaval Gala
Education: Mr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.
Experience: 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).
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 30 days |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 30-Dec-19 |
| Return Since Launch | 34.21% |
| Benchmark | S&P BSE PSU TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 3,404 Cr |
| (As on 31-Mar-2024) | |
| Expense | 0.53% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 65.00% |
Trailing Returns (%) of Aditya Birla (ABSL) PSU Equity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL PSU Equity Dir | 20.04 | -0.67 | 8.39 | 14.90 | 50.57 | 97.54 | 46.66 | — | — | — |
| S&P BSE PSU TRI | 22.61 | -0.93 | 7.99 | 17.30 | 53.98 | 100.93 | 48.26 | — | — | — |
| Equity: Thematic-PSU | 20.49 | -0.76 | 8.30 | 16.23 | 48.91 | 91.39 | 43.71 | — | — | — |
| Rank within category | 3 | 2 | 3 | 4 | 2 | 1 | 1 | — | — | — |
| Number of funds in category | 4 | 5 | 5 | 4 | 4 | 4 | 3 | 2 | 2 | 2 |
Peer Comparison of Aditya Birla (ABSL) PSU Equity Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ABSL PSU Equity Dir | Unrated | 97.54 | 46.66 | — | 0.53 | 3,404 | 34.21 | 1.00 (30) | 4Y 3M | 65.00 |
| ICICI Pru PSU Equity Dir | Unrated | 85.37 | — | — | 0.62 | 2,406 | 53.64 | 1.00 (30) | 1Y 7M | 73.00 |
| SBI PSU Dir | Unrated | 94.94 | 43.14 | 24.30 | 0.97 | 1,876 | 12.57 | 0.50 (30) | 11Y 3M | 52.00 |
| Invesco India PSU Equity Dir | Unrated | 87.70 | 41.33 | 28.33 | 0.96 | 859 | 17.86 | 1.00 (365) | 11Y 3M | 44.00 |
| Quant PSU Dir | Unrated | — | — | — | 0.77 | 527 | 3.90 | 1.00 (15) | 1M | — |
Portfolio Analysis of Aditya Birla (ABSL) PSU Equity Fund
| No. of Stocks | 42 |
| Top 10 Stocks | 57.64% |
| Top 5 Stocks | 37.27% |
| Top 3 Sectors | 74.87% |
| Portfolio P/B Ratio | 1.87 |
| Portfolio P/E Ratio | 11.28 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,40,258 | 1,68,566 |
| Giant (%) | 46.39 | 54.01 |
| Large (%) | 27.75 | 26.67 |
| Mid (%) | 24.26 | 18.13 |
| Small (%) | 1.60 | 1.79 |
| Tiny (%) | — | — |
How to Invest in Aditya Birla PSU Equity Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) PSU Equity Fund
Do not invest in this, or any other PSU fund, if you need to redeem your investment in less than five years.
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
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