KG
Kaustubh GuptaLead
Since Sep 2009
AUM managed
₹1,90,091.49Cr
Tenure
Since Sep 2009
Funds
11
ABSL Banking & PSU Debt Discipline Advantage Gr
Banking and PSU FundAditya Birla Sun Life Mutual Fund
NAV
₹206.07
-0.05% today
AUM
₹8,682.46 Cr
Fund size
Expense
0.62%
Regular plan
Min SIP
₹1,000
per month
Min Lumpsum
₹1,000
one-time
Exit Load
0.0
on redemption
Fund snapshot
Category rank#8 of 20
Risk-o-meterModerate Risk
BenchmarkNIFTY Banking & PSU Debt TR INR (100%)
Number of holdings168
Inception23 Jun 2009
Exit load0.0
Debt metrics
Modified duration2.92 yrs
Average maturity4.22 yrs
Yield to maturity7.28%
Average credit qualityAAA
Standard deviation2.64%
Capital gains tax
Debt
STCG · short-term
Slab RateShort-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
LTCG · long-term
Slab RateLong-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
Debt and other non-equity mutual fund gains are taxed at the investor's slab rate.
Fund managers
HS
Since Mar 2021
AUM managed
₹48,041.85Cr
Tenure
Since Mar 2021
Funds
22
About ABSL Banking & PSU Debt Discipline Advantage Gr
ABSL Banking & PSU Debt Discipline Advantage Gr is an open-ended Banking and PSU Fund mutual fund scheme offered by Aditya Birla Sun Life Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹206.07 per unit and the scheme manages ₹8,682.46 Cr in assets under management. The fund charges an expense ratio of 0.62% and is benchmarked against NIFTY Banking & PSU Debt TR INR (100%). Over the trailing 5 years, ABSL Banking & PSU Debt Discipline Advantage Gr has delivered +9.04% returns. SEBI's riskometer places this scheme in the Moderate Risk category, so read the scheme information document before investing.
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.
Regular Plan · Growth option · NAV as of 21 Jun 2018
ABSL Banking & PSU Debt Discipline Advantage Gr returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | +0.60% | -0.17% |
| 3 months | +0.81% | +0.45% |
| 6 months | +1.91% | +2.15% |
| 1 year | +4.17% | +3.85% |
| 3 years | +8.06% | +6.59% |
| 5 years | +9.04% | +5.83% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | +0.14% |
| 3 months | -- | +0.42% |
| 6 months | -- | +2.73% |
| 1 year | -- | +4.21% |
| 3 years | -- | +18.81% |
| 5 years | -- | +28.81% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
ABSL Banking & PSU Debt Discipline Advantage Gr — frequently asked questions
What is the NAV of ABSL Banking & PSU Debt Discipline Advantage Gr?
The latest net asset value (NAV) of ABSL Banking & PSU Debt Discipline Advantage Gr is ₹206.07 per unit, -0.05% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has ABSL Banking & PSU Debt Discipline Advantage Gr delivered?
ABSL Banking & PSU Debt Discipline Advantage Gr has returned +9.04% over the trailing 5 years (1 year: +4.17%, 3 years: +8.06%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of ABSL Banking & PSU Debt Discipline Advantage Gr?
ABSL Banking & PSU Debt Discipline Advantage Gr charges an expense ratio of 0.62% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is ABSL Banking & PSU Debt Discipline Advantage Gr?
SEBI's riskometer classifies ABSL Banking & PSU Debt Discipline Advantage Gr as Moderate Risk, which is typical for a Banking and PSU Fund scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in ABSL Banking & PSU Debt Discipline Advantage Gr?
You can start a SIP in ABSL Banking & PSU Debt Discipline Advantage Gr from ₹1,000 per month, and the minimum lumpsum investment is ₹1,000.
Who manages ABSL Banking & PSU Debt Discipline Advantage Gr?
ABSL Banking & PSU Debt Discipline Advantage Gr is managed by Aditya Birla Sun Life Mutual Fund, holds ₹8,682.46 Cr in assets under management and invests across 168 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Aditya Birla Sun Life Mutual Fund
- Scheme category
- Debt
- Scheme sub-category
- Banking and PSU Fund
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF209K01KM1
- Scheme code
- FSGBR071HE