AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in हिंदी

Aditya Birla Sun Life Banking & PSU Debt Fund - Direct Plan - MONTHLY DCW Payout

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.

AMC websiteScheme documentsNAV history (AMFI)हिंदी में

Aditya Birla Sun Life Mutual FundBanking & PSU FundsDirect · IDCW (income distribution)Riskometer: Moderate Risk
NAV · 16 Oct 2026₹116.2305▼ 0.00% (1 day)
  • Current NAV₹116.2305
  • Fund Size (AUM)₹ 8,439 Cr.
  • Expense Ratio0.41 %
  • 1Y Return-1.40%
  • 3Y Return (CAGR)+0.63%
  • 5Y Return (CAGR)+0.21%
  • Category Rank (3Y)—
  • RiskometerModerate Risk
  • Min. SIP / Lump sum₹ 1,000 / ₹ 1,000
More figures (11)
  • Since Launch (CAGR)+1.09%
  • Benchmark—
  • Volatility (3Y)1.97 %
  • Sharpe Ratio (3Y)-2.98
  • Beta (3Y)—
  • 52-week High / Low₹118.0845 / ₹115.7275
  • Max Drawdown-5.6 %
  • Launched1 Jan 2013
  • Lock-inNone
  • Portfolio Turnover349 %
  • Fund ManagersKaustubh Gupta, Harshil Suvarnkar

Performance chart

Past performance may or may not be sustained in future.

Quick take

  • Over 5 years it returned 0.2% a year, against category average 6.2% (rank of 17 Banking & PSU Funds).
  • Volatility over 3 years was 2.0% a year, with a Sharpe ratio of -2.98.
  • Its biggest fall from a peak was 5.6% (24 Nov 2016 to 4 Oct 2018).
  • Across all 3-year periods since launch, yearly returns ranged from -0.5% to 3.7% and were positive 92% of the time.
  • Expense ratio 0.41%, fund size ₹8,439 crore.

Pros

  • Long track record of 13.8 years since 2 Jan 2013.

Cons

  • Expense ratio of 0.41% is above the category median of 0.35%.

Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language.

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund-0.18%-0.54%-0.95%-0.47%-0.78%-1.40%+0.14%+0.63%+0.21%+0.82%+0.61%+1.09%
Category average-0.11%+2.21%+4.19%+6.98%+6.23%
Rank in category
Quartile
Best in category+0.37%+3.08%+5.78%+7.49%+7.77%
Worst in category-0.40%+1.70%+3.03%+6.41%+5.62%

Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Banking & PSU Funds, returns as on 17 Oct 2026. Q1 = top quarter by return over that period.

Calendar-year returns

Year2026 YTD2025202420232022202120202019201820172016
This fund-0.78%+1.47%+0.67%+0.55%-0.70%-0.60%+5.09%+2.94%-0.57%-2.17%+4.82%

January to December each year; the current year is to date.

Month-by-month returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDecYear
2026-0.10.2-1.20.20.11.00.2-0.7-0.3-0.2
20250.7-0.30.41.01.2-1.10.1-0.2-0.40.90.0-0.81.5
2024-0.60.30.0-0.20.90.0-0.10.7-0.20.00.5-0.60.7
2023-0.4-0.10.40.9-0.30.4-0.60.00.4-0.90.10.80.6
2022-0.50.10.10.0-1.1-0.10.7-0.10.1-0.40.30.5-0.7
2021-0.1-1.20.10.8-0.3-0.20.7-0.2-0.10.1-0.30.2-0.6
20200.80.7-0.5-0.12.20.61.3-1.30.01.50.4-0.45.1
2019-0.1-0.21.5-1.21.8-0.10.80.7-1.00.80.8-0.93.0
2018-0.9-0.21.3-0.9-0.80.6-0.30.4-0.3-0.31.1-0.3-0.6
2017-0.3-1.90.40.3-0.21.1-0.40.00.2-0.9-0.40.0-2.2

Change in NAV from the last business day of one month to the last business day of the next. Positive in 58 of 118 months shown (49%). "Year" is shown for complete calendar years.

Risk and consistency

Risk measure3 years5 years
Volatility (standard deviation) ?1.97%1.87%
Sharpe ratio ?-2.98-3.37
Sortino ratio ?-3.16-3.51
Maximum drawdown-2.66%-2.66%

Rolling 3-year returns (yearly)

Lowest-0.54%
Median+1.01%
Highest+3.71%
Positive92% of periods
Above 12% a year0% of periods

Rolling 5-year returns (yearly)

Lowest+0.16%
Median+1.18%
Highest+1.98%
Positive100% of periods
Above 12% a year0% of periods

Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.

How it handled market falls

Biggest falls in this fund's NAV

PeakBottomFallBack to the peak onTime to recover
24 Nov 20164 Oct 2018-5.6%23 Apr 202019 months

Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.

SIP returns: ₹10,000 every month

SIP forInvestedValue todayGainXIRR
1Y₹1,20,000₹1,19,107₹-893-1.37%
3Y₹3,60,000₹3,60,228₹228+0.04%
5Y₹6,00,000₹6,04,718₹4,718+0.31%
10Y₹12,00,000₹12,38,900₹38,900+0.63%

A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.

What your investment would be worth

Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.

Compare with all Banking & PSU Funds (20)

S.No.Scheme (Direct plans, Growth)6M %1Y %3Y % CAGR5Y % CAGRExpense ratio %Fund size ₹ Cr
1.UTI Banking & PSU Debt FundUTI Mutual Fund3.085.787.497.770.231,448
2.Franklin India Banking & PSU Debt FundFranklin Templeton Mutual Fund2.795.487.406.420.23565
3.LIC MF Banking & PSU Debt FundLIC Mutual Fund2.434.387.206.240.281,598
4.Kotak Banking and PSU Debt FundKotak Mahindra Mutual Fund1.984.267.146.320.404,761
5.SBI BANKING & PSU DEBT FUNDSBI Mutual Fund2.664.447.126.130.283,512
6.Edelweiss Banking and PSU Debt FundEdelweiss Mutual Fund2.374.047.116.050.403,137
7.Bandhan Banking and PSU Debt FundBandhan Mutual Fund2.655.137.056.230.3611,893
8.Invesco India Banking and PSU Debt FundInvesco Mutual Fund2.133.967.025.620.2680
9.ICICI Prudential Banking and PSU Debt FundICICI Prudential Mutual Fund2.074.397.006.540.408,041
10.Nippon India Banking and PSU Debt FundNippon India Mutual Fund2.163.906.976.160.395,057
11.Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)Sundaram Mutual Fund2.134.076.925.970.27258
12.ITI Banking & PSU Debt FundITI Mutual Fund2.024.306.896.300.2334
13.HDFC Banking and PSU Debt FundHDFC Mutual Fund1.893.746.876.140.355,055
14.Aditya Birla Sun Life Banking & PSU Debt FundAditya Birla Sun Life Mutual Fund1.923.696.866.160.418,439
15.Axis Banking and PSU Debt FundAxis Mutual Fund2.064.166.826.100.3611,962
16.HSBC Banking and PSU Debt FundHSBC Mutual Fund2.054.016.78—0.283,722
17.Mirae Asset Banking and PSU Debt FundMirae Asset Mutual Fund2.023.626.775.850.3739
18.DSP Banking and PSU Debt FundDSP Mutual Fund1.703.036.745.890.332,590
19.Canara Robeco Banking and PSU Debt FundCanara Robeco Mutual Fund1.763.506.41—0.39164
20.Bajaj Finserv Banking and PSU Debt FundBajaj Finserv Mutual Fund2.323.97——0.35315
Median: 20 schemes2.104.066.976.160.352,864

Detailed comparison with another fund About Banking & PSU Funds

Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.

Scheme details

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 managers
Kaustubh Gupta, Harshil Suvarnkar
Fund house
Aditya Birla Sun Life Mutual Fund
Category
Banking & PSU Funds · Debt
Plan / option
Direct · IDCW (income distribution)
AMFI scheme code
119552
ISIN
INF209K01YM2
Scheme documents
SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.

Tax on your gains

Likely tax treatment: Debt-oriented fund ("specified mutual fund")

  • Units bought on or after 1 April 2023: gains are added to your income and taxed at your slab rate, however long you hold them.
  • No long-term rate or indexation benefit for these units.
  • Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
  • Switching from one scheme or plan to another counts as selling and buying.
  • Surcharge and 4% health and education cess apply on top of these rates.
Fund typeShort-termLong-term
Equity-oriented20% (up to 12 months)12.5% above ₹1.25 lakh
Debt-oriented (bought from Apr 2023)Slab rateSlab rate
Gold, international, other hybridSlab rate12.5% (after 12 or 24 months)

Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.

Fund managers

KG
HS

From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.

Latest news: Aditya Birla Sun Life Mutual Fund

Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.

Questions about this scheme

What is the NAV of Aditya Birla Sun Life Banking & PSU Debt Fund today?
The latest NAV of Aditya Birla Sun Life Banking & PSU Debt Fund - Direct Plan - MONTHLY DCW Payout is ₹116.2305 as on 16 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has Aditya Birla Sun Life Banking & PSU Debt Fund given?
As on 16 Oct 2026: 1 year -1.40%, 3 years +0.63% a year, 5 years +0.21% a year. Past returns may or may not be sustained in future.
What is the expense ratio of Aditya Birla Sun Life Banking & PSU Debt Fund?
The expense ratio of the Direct plan is 0.41% (as of Aug 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Moderate Risk. Over 3 years its volatility was 2.0% a year and its biggest fall from a peak was 2.7%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Banking & PSU Funds?
Banking & PSU Funds invest at least 80% in debt of banks, public sector undertakings and public financial institutions.
How are gains from Aditya Birla Sun Life Banking & PSU Debt Fund taxed?
It is taxed as a debt-oriented fund: for units bought on or after 1 April 2023, gains are taxed at your income-tax slab rate however long you hold them.
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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