EquitySectoral/ ThematicRegularGrowthVery High

Aditya Birla Sun Life PSU Equity Fund

Q: What is the NAV of Aditya Birla Sun Life PSU Equity Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life PSU Equity Fund is ₹34.26 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Aditya Birla Sun Life PSU Equity Fund delivered?

Aditya Birla Sun Life PSU Equity Fund has returned +2.53% over 1 year, +16.30% per year over 3 years, +18.93% per year over 5 years and +19.89% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

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

Aditya Birla Sun Life PSU Equity Fund charges an expense ratio of 1.89% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Aditya Birla Sun Life PSU Equity Fund?

Aditya Birla Sun Life PSU Equity Fund's largest holdings are State Bank of India (17.9%), NTPC Ltd. (7.1%), Bharat Heavy Electricals Ltd. (6.8%), Power Grid Corporation of India Ltd. (6.1%) and Bharat Electronics Ltd. (4.9%). Holdings are disclosed monthly and change over time.

Q: How risky is Aditya Birla Sun Life PSU Equity Fund?

Aditya Birla Sun Life PSU Equity Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 21.0% and its worst peak-to-trough fall in our sample was -34.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.47 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life PSU Equity Fund's 0.47 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Aditya Birla Sun Life PSU Equity Fund?

Aditya Birla Sun Life PSU Equity Fund is benchmarked against the BSE PSU TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Aditya Birla Sun Life PSU Equity Fund?

Aditya Birla Sun Life PSU Equity Fund is managed by Dhaval Gala at Aditya Birla Sun Life.

Q: How is Aditya Birla Sun Life PSU Equity Fund taxed?

Aditya Birla Sun Life PSU Equity Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Aditya Birla Sun Life Mutual Fund · Best Sectoral & Thematic Mutual Funds

NAV

₹34.26

+0.59% 1D

as of 05 Oct 2026

This is the Regular plan of Aditya Birla Sun Life PSU Equity Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+2.48%absolute

52-week rangePrev NAV ₹34.06

Latest ₹34.26

Low ₹32.9725th percentile of its 52-week rangeHigh ₹38.08

Scorecard

★★★★☆4/5 vs 142 of 255 Sectoral/ Thematic peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Sectoral/ Thematic (same plan and option). 142 of the 255 Sectoral/ Thematic funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceStrong

3Y CAGR +16.30% · ranks 40 of 142 Sectoral/ Thematic funds

RiskHigh

Volatility 21.0% vs 15.6% category avg

CostLow

1.9% expense vs 2.5% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

3-year return (+16.30%) beats the Sectoral/ Thematic average (+12.47%)
5-year return (+18.93%) beats the Sectoral/ Thematic average (+10.74%)
Stronger risk-adjusted returns — Sharpe 0.47 vs 0.36 Sectoral/ Thematic average
Low expense ratio (1.89%) vs the Sectoral/ Thematic average of 2.47%
Consistent — positive in 100% of rolling 3-year windows

Concerns

Trails the Sectoral/ Thematic average on 1M/3M/6M
More volatile than its Sectoral/ Thematic peers (21.0% vs 15.6%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.89%

Category 2.47%▼0.58%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

10.49

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.47

Category 0.36▲0.11

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

For redemption/switch-out of units on or before 30 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch-out of units after 30 days from the date of allotment: Nil

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹500

BSE PSU TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

01 Jan 2020

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-5.23%

Absolute return over the last 3 months (not annualized)

-5.20%

Absolute return over the last 6 months (not annualized)

+2.21%

Absolute return since 1 Jan of this year (not annualized)

-1.18%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+2.53%

3-year annualized return (CAGR)

+16.30%

5-year annualized return (CAGR)

+18.93%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+19.89%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

21.00%

Excess return per unit of total volatility (rf = 6.5%)

0.47

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.61

Largest peak-to-trough decline over full history

-33.99%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

5.76%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

1.25

How much of the fund's movement Nifty 500 TRI explains

73.2%

Excess return per unit of beta (market risk)

7.48

Active return over the benchmark per unit of tracking error

0.49

Annualized std dev of fund-minus-benchmark returns

12.54%

Fund's share of benchmark gains in up months (100 = matches index)

135.2%

Fund's share of benchmark losses in down months (lower is better)

120.0%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Sectoral/ Thematic)

Period	Fund	Category avg.	Diff
1M abs	-5.23%	-4.57%	-0.66%
3M abs	-5.20%	-2.61%	-2.59%
6M abs	+2.21%	+11.43%	-9.22%
1Y CAGR	+2.53%	+2.14%	+0.39%
3Y CAGR	+16.30%	+12.47%	+3.83%
5Y CAGR	+18.93%	+10.74%	+8.19%

Category average across peers in Sectoral/ Thematic (up to 255 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 255 peers in Sectoral/ Thematic

1Y return

+2.53%

Beats 61% · rank #90

3Y return

+16.30%

Beats 72.3% · rank #40

5Y return

+18.93%

Beats 98% · rank #3

Sharpe

0.47

Beats 64.5% · rank #51

Sortino

0.61

Beats 63.1% · rank #53

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹8.89L

Absolute

+48.15%

XIRR

+16.22%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Aditya Birla Sun Life PSU Equity Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-1.18%	-7.18%	+6.00%
2025	+10.24%	+7.94%	+2.30%
2024	+14.20%	+16.43%	-2.23%
2023	+59.28%	+27.43%	+31.85%
2022	+28.55%	+4.34%	+24.21%
2021	+37.10%	+31.59%	+5.51%
2020part	-2.39%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

1,668

Expense ratio

1.89%

AUM

₹5,925Cr

Portfolio turnover

32%

Exit load

For redemption/switch-out of units on or before 30 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch-out of units after 30 days from the date of allotment: Nil

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

10.5

P/B ratio

2.0

Avg market cap

₹3,04,167Cr

P/E & P/B are portfolio-weighted harmonic means across 29 of 32 equity holdings (95% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Sectoral/ Thematic

Compare all


Aditya Birla Sun Life PSU Equity FundThis fund Aditya Birla Sun Life · Regular · Growth	★★★★☆	+2.53%	+16.30%	+18.93%	—	1.89%	₹5,925Cr
Nippon India Taiwan Equity Fund Nippon India · Regular · Growth	★★★★☆	+125.07%	+61.55%	—	—	2.34%	₹1,110Cr
HDFC Defence Fund HDFC · Regular · Growth	★★★★☆	+19.02%	+34.59%	—	—	1.79%	₹9,371Cr
HDFC Pharma and Healthcare Fund HDFC · Regular · Growth	★★★★★	+24.17%	+28.28%	—	—	2.11%	₹2,282Cr
Franklin Asian Equity Fund Franklin Templeton · Regular · Growth	★★★☆☆	+31.28%	+23.90%	+8.86%	—	2.47%	₹720.84Cr
Nippon India Japan Equity Fund Nippon India · Regular · Growth	★★★☆☆	+28.99%	+22.97%	+10.76%	—	2.50%	₹330.20Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap74.7%
Mid cap17.7%
Small cap7.6%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity97.18%
Cash & Equivalents2.82%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
kotak BSE PSU Index Fund Kotak Mahindra · Index Funds	69.1%	★★☆☆☆	0.46%	—
ICICI Prudential PSU Equity Fund ICICI Prudential · Sectoral/ Thematic	65.0%	★★★★☆	1.28%	+19.13%
SBI PSU Fund SBI · Sectoral/ Thematic	64.2%	★★★☆☆	0.98%	+18.49%
Kotak Nifty200 Value 30 Index Fund Kotak Mahindra · Index Funds	40.6%	—	1.11%	—
ICICI Prudential Nifty200 Value 30 Index Fund ICICI Prudential · Index Funds	40.6%	★★★★☆	0.59%	—
Axis Nifty500 Value 50 Index Fund Axis · Index Funds	40.6%	★★★★☆	0.39%	—
Bandhan Nifty 500 Value 50 Index Fund Bandhan · Index Funds	40.6%	★★★☆☆	0.66%	—
UTI Nifty 500 Value 50 Index Fund UTI · Index Funds	40.6%	★★★★☆	0.73%	+20.03%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-34.0%15 Jan 2020 → 24 Mar 2020
Fell over 2 months, back to the old high on 06 Jan 2021 — 9 months under water after the low.
-27.4%01 Aug 2024 → 28 Feb 2025
Fell over 7 months, back to the old high on 23 Feb 2026 — 12 months under water after the low.
-18.5%21 Apr 2022 → 20 Jun 2022
Fell over 2 months, back to the old high on 08 Sep 2022 — 3 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹5,925Cr

April - June 2026

+4%

since January - March 2026

+₹252.17Cr

est. net flow, last quarter

At or near its largest, ₹5,925Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Aditya Birla Sun Life Mutual Fund is run by Aditya Birla Sun Life AMC, a joint venture between the Aditya Birla Group and Sun Life Financial of Canada. In business since 1994 and listed on the exchanges since 2021, it is among India's larger houses across equity, debt and hybrid.

Launched

22 Dec 1994

Total AUM

₹4,41,787Cr+3.3% QoQ

Avg AUM · July - September 2026

Website

mutualfund.adityabirlacapital.com

Fund Managers

DGDhaval GalaManaging since 22 Sep 2022

Education

PGDBM – Finance, BMS

Experience

He has an overall experience of around 19 years in financial markets. He has over 9 years of experience in doing investment research and analysis in Banking & Financial Services sector. He joined ABSLAMC in February 2011, since then he has been a part of the research team. Prior to joining ABSLAMC, he has worked with B&K Securities (January 2008 – February 2011) and J P Morgan Chase India Private Ltd (May 2005 – July 2006).

Funds managed (6)

All schemes Dhaval Gala runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Dhaval Gala

Top holdings

State Bank of India NTPC Ltd.Bharat Heavy Electricals Ltd.Power Grid Corporation of India Ltd.Bharat Electronics Ltd.Bank of Maharashtra Union Bank of India GAIL (India) Ltd.PNB Housing Finance Ltd.Bharat Petroleum Corporation Ltd.Life Insurance Corporation of India NMDC Ltd.

Aditya Birla Sun Life in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Sectoral & Thematic funds

Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.

Frequently asked questions

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

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life PSU Equity Fund is ₹34.26 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Aditya Birla Sun Life PSU Equity Fund delivered?

Aditya Birla Sun Life PSU Equity Fund has returned +2.53% over 1 year, +16.30% per year over 3 years, +18.93% per year over 5 years and +19.89% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

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

Aditya Birla Sun Life PSU Equity Fund charges an expense ratio of 1.89% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Aditya Birla Sun Life PSU Equity Fund?

Aditya Birla Sun Life PSU Equity Fund's largest holdings are State Bank of India (17.9%), NTPC Ltd. (7.1%), Bharat Heavy Electricals Ltd. (6.8%), Power Grid Corporation of India Ltd. (6.1%) and Bharat Electronics Ltd. (4.9%). Holdings are disclosed monthly and change over time.

How risky is Aditya Birla Sun Life PSU Equity Fund?

Aditya Birla Sun Life PSU Equity Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 21.0% and its worst peak-to-trough fall in our sample was -34.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.47 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life PSU Equity Fund's 0.47 means it has rewarded its volatility with excess return. Higher is better.

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

Aditya Birla Sun Life PSU Equity Fund is benchmarked against the BSE PSU TRI. Its alpha and beta on this page are measured against that index.

Who manages Aditya Birla Sun Life PSU Equity Fund?

Aditya Birla Sun Life PSU Equity Fund is managed by Dhaval Gala at Aditya Birla Sun Life.

How is Aditya Birla Sun Life PSU Equity Fund taxed?

Aditya Birla Sun Life PSU Equity Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.