Aditya Birla Sun Life Banking & PSU Debt Fund

An open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. A relatively high interest rate risk and moderate credit risk.

Fund Category Banking and PSU Fund

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.

Fund Details
Fund Manager: Mr. Kaustubh Gupta &
Mr. Harshil Suvarnkar
Managing Fund Since: September 29, 2009 & March 22, 2021
Experience in Managing the Fund: 13.7 years & 2.2 years
Date of Allotment: April 19, 2002
Type of Scheme: An open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. A relatively high interest rate risk and moderate credit risk.
Application Amount for fresh subscription: 1,000
(plus in multiplies of 1)
Min. Addl. Investment: 1,000
(plus in multiplies of 1)
SIP: Monthly: Minimum 1,000/-
NAV of Plans / Options ()^ $Income Distribution cum capital withdrawal
Retail Plan@
Growth: 473.5040
Monthly IDCW$: 111.4464
Quarterly IDCW$: 111.2708
Regular Plan
Growth: 315.4320
Monthly IDCW$: 111.5879
Quarterly IDCW$: 108.5110
IDCW$: 159.3612
Direct Plan
Growth: 325.1560
Monthly IDCW$: 114.9347
Quarterly IDCW$: 111.6531
IDCW$: 112.6635
Note:@ Retail Plan has been discontinued and does not accept fresh subscriptions/Switch in.
Benchmark: NIFTY Banking & PSU
Debt Index
Monthly Average AUM: 8363.86 Crores
AUM as on last day: 8380.98 Crores
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load: Nil
Exit Load: Nil
Other Parameters
Modified Duration: 2.45 years
Average Maturity: 4.90 years
Yield to Maturity: 7.51%
Macaulay Duration: 2.61 years
Total Expense Ratio (TER)
Including additional expenses and goods and service tax on management fees.
Regular 0.71%
Direct 0.36%

Data as on 30th June 2023 unless otherwise specified

Portfolio Holdings
Issuer
% to net Assets
Rating
Fixed rates bonds - Corporate 66.88%  
Power Finance Corporation Limited  3.90% ICRA AAA
National Housing Bank 3.59% ICRA AAA
HDFC Bank Limited  3.18% CRISIL AAA
Small Industries Development Bank of India  2.98% CRISIL AAA
Housing Development Finance Corporation Limited 2.69% ICRA AAA
National Bank For Agriculture and Rural Development 2.15% CRISIL AAA
State Bank of India - Tier II - Basel III 2.00% ICRA AAA
National Bank For Agriculture and Rural Development  1.78% ICRA AAA
Small Industries Development Bank of India  1.69% ICRA AAA
National Bank For Agriculture and Rural Development  1.61% CRISIL AAA
LIC Housing Finance Limited  1.49% CRISIL AAA
National Bank For Agriculture and Rural Development 1.49% CRISIL AAA
Power Finance Corporation Limited  1.48% ICRA AAA
HDB Financial Services Limited  1.26% CRISIL AAA
Power Finance Corporation Limited  1.19% ICRA AAA
State Bank of India - Tier I - Basel III  1.19% CRISIL AA+
HDB Financial Services Limited  1.18% CRISIL AAA
National Bank For Agriculture and Rural Development  1.15% ICRA AAA
Mahindra & Mahindra Financial Services Limited  1.02% IND AAA
Bank of Baroda  0.90% CRISIL AA+
LIC Housing Finance Limited 0.90% CRISIL AAA
National Bank For Agriculture and Rural Development 0.90% ICRA AAA
Small Industries Development Bank of India  0.89% CRISIL AAA
Small Industries Development Bank of India  0.89% ICRA AAA
Tata Capital Limited  0.88% CRISIL AAA
Small Industries Development Bank of India  0.84% ICRA AAA
Sundaram Home Finance Limited  0.83% ICRA AAA
Small Industries Development Bank of India  0.77% ICRA AAA
National Bank For Agriculture and Rural Development  0.77% ICRA AAA
REC Limited  0.77% ICRA AAA
Mangalore Refinery and Petrochemicals Limited  0.74% CARE AAA
Power Grid Corporation of India Limited  0.73% CRISIL AAA
Housing Development Finance Corporation Limited  0.69% ICRA AAA
Housing & Urban Development Corporation Limited  0.66% ICRA AAA
REC Limited  0.60% CRISIL AAA
REC Limited  0.60% CRISIL AAA
Kotak Mahindra Prime Limited  0.60% CRISIL AAA
Mahindra & Mahindra Financial Services Limited  0.60% CRISIL AAA
State Bank of India  0.60% CRISIL AAA
HDFC Credila Financial Services Pvt Limited  0.60% ICRA AAA
Bajaj Housing Finance Limited  0.59% CRISIL AAA
ICICI Bank Limited - Tier II - Basel III  0.59% ICRA AAA
State Bank of India - Tier II - Basel III  0.58% ICRA AAA
Power Finance Corporation Limited 0.58% ICRA AAA
Power Finance Corporation Limited  0.54% ICRA AAA
REC Limited  0.48% CRISIL AAA
REC Limited  0.41% ICRA AAA
Power Finance Corporation Limited  0.36% ICRA AAA
Fullerton India Credit Company Limited  0.36% CRISIL AAA
ICICI Bank Limited  0.36% ICRA AAA
National Bank For Agriculture and Rural Development  0.31% CRISIL AAA
Power Grid Corporation of India Limited  0.30% CRISIL AAA
Axis Finance Limited  0.30% CARE AAA
REC Limited  0.30% ICRA AAA
Sundaram Home Finance Limited  0.30% ICRA AAA
ICICI Home Finance Company Limited  0.30% ICRA AAA
Bajaj Housing Finance Limited  0.30% CRISIL AAA
LIC Housing Finance Limited  0.30% CRISIL AAA
National Bank For Agriculture and Rural Development 0.30% ICRA AAA
REC Limited  0.30% ICRA AAA
National Bank For Agriculture and Rural Development  0.30% ICRA AAA
Housing Development Finance Corporation Limited  0.30% ICRA AAA
Small Industries Development Bank of India  0.30% ICRA AAA
Housing Development Finance Corporation Limited  0.30% ICRA AAA
Small Industries Development Bank of India  0.30% ICRA AAA
Cholamandalam Investment and Finance Company Limited  0.29% ICRA AA+
Summit Digitel Infrastructure Private Limited  0.29% CRISIL AAA
LIC Housing Finance Limited  0.29% CRISIL AAA
REC Limited  0.29% ICRA AAA
REC Limited  0.29% ICRA AAA
REC Limited  0.24% CRISIL AAA
NIIF Infrastructure Finance Limited  0.24% ICRA AAA
Power Finance Corporation Limited  0.24% ICRA AAA
Indian Railway Finance Corporation Limited  0.19% ICRA AAA
Bharat Petroleum Corporation Limited  0.18% CRISIL AAA
Power Finance Corporation Limited 0.18% ICRA AAA
National Bank For Agriculture and Rural Development 0.17% ICRA AAA
National Bank For Agriculture and Rural Development  0.13% CRISIL AAA
Indian Railway Finance Corporation Limited  0.13% CRISIL AAA
NUCLEAR POWER CORPORATION OF INDIA LTD  0.12% CRISIL AAA
Power Finance Corporation Limited  0.12% ICRA AAA
Power Grid Corporation of India Limited  0.12% CRISIL AAA
Bajaj Finance Limited 0.12% CRISIL AAA
Bank of Baroda - Tier II - Basel III  0.12% CARE AAA
Small Industries Development Bank of India  0.12% ICRA AAA
Power Grid Corporation of India Limited  0.10% CRISIL AAA
Power Grid Corporation of India Limited  0.06% ICRA AAA
Power Grid Corporation of India Limited  0.06% ICRA AAA
Power Grid Corporation of India Limited  0.06% ICRA AAA
Power Finance Corporation Limited  0.06% ICRA AAA
Power Finance Corporation Limited  0.06% ICRA AAA
Bajaj Housing Finance Limited  0.06% CRISIL AAA
Power Grid Corporation of India Limited  0.06% ICRA AAA
NHPC Limited  0.06% CARE AAA
Power Grid Corporation of India Limited  0.06% CRISIL AAA
HDFC Bank Limited  0.06% CRISIL AAA
National Housing Bank  0.06% CRISIL AAA
Power Finance Corporation Limited  0.06% ICRA AAA
Housing Development Finance Corporation Limited  0.06% ICRA AAA
National Bank For Agriculture and Rural Development  0.01% ICRA AAA
Punjab National Bank - Tier II - Basel III  0.01% IND AAA
National Highways Authority of India  0.01% CRISIL AAA
Money Market Instruments 16.62%  
HDFC Bank Limited 1.72% CARE A1+
Indian Bank 1.43% CRISIL A1+
Export Import Bank of India 1.13% ICRA A1+
Small Industries Development Bank of India 1.12% CRISIL A1+
Union Bank of India 0.86% ICRA A1+
Union Bank of India 0.86% ICRA A1+
Union Bank of India 0.85% IND A1+
Indian Bank 0.85% CRISIL A1+
Export Import Bank of India 0.85% ICRA A1+
Axis Bank Limited 0.85% ICRA A1+
Bank of Baroda 0.58% IND A1+
Kotak Mahindra Bank Limited 0.57% CRISIL A1+
Axis Bank Limited 0.57% ICRA A1+
Axis Bank Limited 0.57% ICRA A1+
Small Industries Development Bank of India 0.56% CARE A1+
Axis Bank Limited 0.51% IND A1+
Canara Bank 0.46% CRISIL A1+
Union Bank of India 0.34% ICRA A1+
Union Bank of India 0.29% IND A1+
Small Industries Development Bank of India 0.29% CARE A1+
Axis Bank Limited 0.29% CRISIL A1+
Kotak Mahindra Bank Limited 0.28% CRISIL A1+
Small Industries Development Bank of India 0.28% CRISIL A1+
Small Industries Development Bank of India 0.28% CARE A1+
Union Bank of India 0.11% IND A1+
Housing Development Finance Corporation Limited 0.11% ICRA A1+
Cash Management Bills 4.47%  
Government of India 0.41% SOV
Government of India 0.40% SOV
Government of India 0.32% SOV
Government of India 0.26% SOV
Government of India 0.25% SOV
Government of India 0.23% SOV
Government of India 0.23% SOV
Government of India 0.20% SOV
Government of India 0.20% SOV
Government of India 0.18% SOV
Government of India 0.17% SOV
Government of India 0.14% SOV
Government of India 0.13% SOV
Government of India 0.13% SOV
Government of India 0.12% SOV
Government of India 0.11% SOV
Government of India 0.11% SOV
Government of India 0.11% SOV
Government of India 0.09% SOV
Government of India 0.09% SOV
Government of India 0.09% SOV
Government of India 0.06% SOV
Government of India 0.06% SOV
Government of India 0.06% SOV
Government of India 0.06% SOV
Government of India 0.05% SOV
Government of India 0.04% SOV
Government of India 0.04% SOV
Government of India 0.04% SOV
Government of India 0.04% SOV
Government of India 0.03% SOV
Government of India 0.01% SOV
Government of India 0.00% SOV
Government of India 0.00% SOV
Government of India 0.00% SOV
Government Bond 4.04%  
7.17% GOVERNMENT OF INDIA 18APR30 0.85% SOV
6.90% INDIA SPECIAL GOI BOND 04FEB2026 0.64% SOV
7.38% GOI 20JUN2027 0.61% SOV
4.70% INDIA GOVT BOND 22SEP2033 FRB 0.60% SOV
7.10% GOVERNMENT OF INDIA 18APR29 0.48% SOV
4.04% GOI FRB 04OCT2028 0.18% SOV
7.26% GOVERNMENT OF INDIA 06FEB33 0.15% SOV
4.45% GOI FRB 30OCT2034 0.12% SOV
7.72% GOI (MD 25/05/2025) 0.06% SOV
6.97% GOI (MD 06/09/2026) 0.06% SOV
7.06% GOI 10APR28 0.06% SOV
6.45% GOVERNMENT OF INDIA 07OCT29 G-SEC 0.06% SOV
6.18% GOI 04NOV2024 0.04% SOV
7.54% GOVERNMENT OF INDIA 23MAY2036 GSEC 0.04% SOV
5.63% GOI 12APR2026 0.03% SOV
7.17% GOI (MD 08/01/2028) 0.03% SOV
7.59% GOI (MD 20/03/2029) 0.03% SOV
7.57% GOI (MD 17/06/2033) 0.01% SOV
5.22% GOVERNMENT OF INDIA 15JUN25 G-SEC 0.00% SOV
State Government bond 3.02%  
7.56% UTTAR PRADESH 11OCT2027 SDL 0.36% SOV
7.65% TAMIL NADU 06DEC27 SDL 0.30% SOV
7.62% KARNATAKA 01NOV27 SDL 0.30% SOV
6.98% MAHARASHTRA 26FEB2028 SDL 0.28% SOV
8.72% TAMIL NADU 29OCT2024 SDL 0.24% SOV
8.45% KARNATAKA 26NOV2024 SDL 0.24% SOV
6.70% TAMIL NADU 16OCT24 SDL 0.24% SOV
8.96% MAHARASHTRA 09JUL24 SDL 0.14% SOV
8.99% MADHYA PRADESH SDL 09JUL24 SDL 0.12% SOV
8.96% TAMIL NADU 09JUL24 SDL 0.12% SOV
7.58% MAHARASHTRA 24AUG2026 SDL 0.12% SOV
9.01% GUJARAT 25JUN24 SDL 0.10% SOV
6.63% GUJARAT 16SEP2029 SDL 0.07% SOV
6.47% MAHARASHTRA 21OCT2028 SDL 0.07% SOV
8.42% KERALA 27JAN2026 SDL 0.06% SOV
7.99% KERLA 28OCT25 SDL 0.06% SOV
8.53% TAMIL NADU 28NOV2028 SDL 0.05% SOV
7.20% MAHARASHTRA 09AUG2027 SDL 0.04% SOV
7.76% UTTARAKHAND 29MAR2033 SDL 0.02% SOV
7.98% KARNATAKA 14OCT25 SDL 0.02% SOV
8.36% MAHARASHTRA 27JAN26 SDL 0.02% SOV
7.46% MADHYA PRADESH 14SEP2032 SDL 0.02% SOV
8.39 % MADHYA PRADESH 27JAN2026 SDL 0.01% SOV
8.46% GUJARAT 10FEB2026 SDL 0.01% SOV
7.66% UTTAR PRADESH 24AUG2032 SDL 0.01% SOV
Floating rates notes - Corporate 0.59%  
Cholamandalam Investment and Finance Company Limited  0.59% ICRA AA+
TREASURY BILLS 0.59%  
Government of India 0.59% SOV
Interest Rate Swaps -0.02%  
Clearing Corporation of India Limited 0.00%  
Standard Chartered Bank -0.00%  
Standard Chartered Bank -0.00%  
BNP Paribas - Indian branches -0.00%  
BNP Paribas - Indian branches -0.00%  
BNP Paribas - Indian branches -0.00%  
BNP Paribas - Indian branches -0.00%  
BNP Paribas - Indian branches -0.00%  
BNP Paribas - Indian branches -0.00%  
ICICI Securities Primary Dealership Limited -0.00%  
Standard Chartered Bank -0.00%  
Standard Chartered Bank -0.00%  
Standard Chartered Bank -0.00%  
BNP Paribas - Indian branches -0.00%  
Cash & Current Assets 3.81%  
Total Net Assets 100.00%  
Rating Profile of Portfolio
  • Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Kaustubh Gupta is 10. Total Schemes managed Mr. Harshil Suvarnkar is 13. Click here to know more on performance of schemes managed by Fund Managers.

Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 or from any of our Investor Service Centers.



This page is a part of the July 2023 Factsheet of Aditya Birla Sun Life Mutual Fund. Click on http://empower.abslmf.com/ for the digital factsheet.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.


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