Aditya Birla Sun Life PSU Equity Fund is a Thematic fund run by Aditya Birla Sun Life Mutual Fund. On 30-09-2026, it managed ₹5,775 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 18.5% a year and its Regular plan returned 17.0% a year. Its benchmark, BSE PSU TRI, returned 19.0% a year over the same 3 years.
NAV (Direct plan)
₹37.52
▼ 0.69% · 30-10-2026
NAV (Regular plan)
₹33.82
▼ 0.68% · 30-10-2026
Expense ratio
0.76%Direct1.88%Regular
0.76%
A year
Riskometer
Very High
Set by the fund house
3 year return
18.5%Direct17.0%Regular
18.5%
A year
Aditya Birla Sun Life PSU Equity Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹37.52 (down 0.69% that day); Regular Plan Growth ₹33.82 (down 0.68% that day).
This fund (Direct plan)
₹37.52
Aditya Birla Sun Life PSU Equity Fund Returns vs BSE PSU TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−1.60%
−4.84%
−7.97%
−0.64%
+18.46%
+21.14%
--
This fund (Regular)
−1.69%
−5.11%
−8.50%
−1.80%
+16.97%
+19.51%
--
BSE PSU TRI
−2.56%
−7.04%
−12.24%
−5.41%
+19.02%
+20.94%
+12.84%
Thematic average
−2.09%
−4.52%
+0.86%
−1.22%
+13.76%
+11.62%
--
Best in Thematic
+11.54%
+11.27%
+22.16%
+75.71%
+54.78%
+21.14%
--
Worst in Thematic
−16.05%
−11.74%
−13.97%
−22.44%
−4.46%
+3.65%
--
Rank in Thematic
94/235
100/232
211/232
78/215
30/133
1/96
--
Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.
Aditya Birla Sun Life PSU Equity Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
BSE PSU TRI
2026to date
−1.50%
−2.45%
−6.20%
2025
+11.64%
+10.24%
+12.09%
2024
+15.70%
+14.20%
+24.34%
2023
+61.50%
+59.28%
+61.48%
2022
+30.52%
+28.55%
+28.30%
2021
+39.90%
+37.10%
+47.95%
Aditya Birla Sun Life PSU Equity Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 942 periods, one for each trading day from 02-01-2023 to 30-10-2026.
0%10%20%30%40%50%60%
Aditya Birla Sun Life PSU Equity Fund (Direct)
BSE PSU TRI
Apr 2020 to Apr 2023Dec 2020 to Dec 2023Aug 2021 to Aug 2024Apr 2022 to Apr 2025Nov 2022 to Nov 2025Jul 2023 to Jul 2026
Aditya Birla Sun Life PSU Equity Fund (Direct)BSE PSU TRI
0%
0%
Below 0%
0%
0%
0-5%
0%
0%
5-10%
0%
0%
10-15%
4%
6%
15-20%
8%
3%
20-25%
88%
90%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
1,436
25.7%
−15.1%
111.5%
12%
26.9%
27%
2 years
1,189
31.2%
−1.7%
68.4%
2%
34.4%
24%
3 years
942
32.6%
16.9%
49.3%
0%
35.4%
6%
5 years
452
29.5%
19.9%
38.3%
0%
31.8%
11%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
70
26.7%
−32.7%
127.7%
13%
28.6%
36%
2 years
58
25.8%
2.0%
81.8%
0%
28.1%
22%
3 years
46
28.7%
5.1%
60.4%
0%
31.1%
11%
5 years
22
27.0%
17.9%
34.5%
0%
29.5%
0%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE PSU TRI over the same days. Past returns do not promise future returns.
Aditya Birla Sun Life PSU Equity Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Aditya Birla Sun Life PSU Equity Fund (Direct)This fund
BSE PSU TRI
Return (CAGR)
−0.64%
−5.41%
Standard deviation
15.99%
16.60%
Sharpe ratio
-0.37
-0.64
Sortino ratio
-0.48
-0.83
Maximum drawdown
−13.3%
(30-03-2026)
−16.2%
(23-10-2026)
Beta
0.97
1.00
Alpha
+4.42%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Aditya Birla Sun Life PSU Equity Fund (Direct)This fund
BSE PSU TRI
Return (CAGR)
+18.46%
+19.02%
Standard deviation
20.60%
22.23%
Sharpe ratio
0.60
0.58
Sortino ratio
0.79
0.77
Maximum drawdown
−26.8%
(28-02-2025)
−29.0%
(28-02-2025)
Beta
0.91
1.00
Alpha
+0.55%
0.00%
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Aditya Birla Sun Life PSU Equity Fund (Direct)This fund
BSE PSU TRI
Return (CAGR)
+21.14%
+20.94%
Standard deviation
19.54%
20.70%
Sharpe ratio
0.79
0.73
Sortino ratio
1.04
0.97
Maximum drawdown
−26.8%
(28-02-2025)
−29.0%
(28-02-2025)
Beta
0.93
1.00
Alpha
+1.31%
0.00%
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Aditya Birla Sun Life PSU Equity Fund (Direct)This fund
BSE PSU TRI
Return (CAGR)
+21.28%
+20.02%
Standard deviation
21.12%
23.05%
Sharpe ratio
0.76
0.65
Sortino ratio
1.02
0.86
Maximum drawdown
−33.8%
(24-03-2020)
−40.3%
(24-03-2020)
Beta
0.90
1.00
Alpha
+2.79%
0.00%
From daily NAVs, 01-01-2020 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−50%−40%−30%−20%−10%0%
Aditya Birla Sun Life PSU Equity Fund (Direct)
BSE PSU TRI
202120222023202420252026
Aditya Birla Sun Life PSU Equity Fund (Direct)BSE PSU TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Aditya Birla Sun Life PSU Equity Fund (Direct)
−33.8%
15-01-2020
24-03-2020
14-12-2020
9 months
−10.5%
BSE PSU TRI
−40.3%
02-01-2020
24-03-2020
08-02-2021
11 months
−14.8%
From the Direct plan's daily NAV since 01-01-2020, adjusted for unit splits, and BSE PSU TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Aditya Birla Sun Life PSU Equity Fund vs Other Thematic Funds
The five Thematic funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Aditya Birla Sun Life PSU Equity Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Thematic median
Cost rank (1 = cheapest)
Direct
0.61%
0.01%
0.00%
0.14%
0.76%
1.18%
8/235
Regular
1.58%
0.01%
0.00%
0.29%
1.88%
2.41%
12/235
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−1.80%
−0.64%
1.16%
₹98,200
₹99,360
3 years
16.97%
18.46%
1.49% a year
₹1,60,038
₹1,66,232
5 years
19.51%
21.14%
1.63% a year
₹2,43,793
₹2,60,878
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Aditya Birla Sun Life PSU Equity Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 01-01-2020 to 30-10-2026: 82 instalments, ₹8,20,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planAditya Birla Sun Life PSU Equity Fund (Direct)
₹8,20,000
₹17,54,009
₹9,34,009
21.9%
Regular planAditya Birla Sun Life PSU Equity Fund (Regular)
Direct planAditya Birla Sun Life PSU Equity Fund (Direct)Regular planAditya Birla Sun Life PSU Equity Fund (Regular)BSE PSU TRICategory averageCategory average, 235 Thematic fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life PSU Equity Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
97.6%Equity
Asset
Fund
Category
Equity
97.6%
94.5%
Cash and others
2.4%
4.0%
Market cap of stocks
Market cap
Fund
Category
Large Cap
73.2%
45.7%
Mid Cap
16.8%
19.6%
Small Cap
7.5%
24.1%
Not on AMFI's list
0.1%
2.3%
Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Aditya Birla Sun Life PSU Equity Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks31.8%
Power13.8%
Aerospace & Defense7.5%
Petroleum Products7.3%
Electrical Equipment6.7%
Gas6.3%
Insurance5.3%
Finance4.6%
Oil4.6%
Minerals & Mining3.2%
The ten largest of 17 sectors. The other 7 add up to 6.6%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
31.3%
32.0%
31.8%
+0.5%
Power
14.4%
13.3%
13.8%
−0.6%
Aerospace & Defense
7.2%
7.5%
7.5%
+0.3%
Petroleum Products
7.5%
7.3%
7.3%
−0.2%
Electrical Equipment
6.3%
6.8%
6.7%
+0.4%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Aditya Birla Sun Life PSU Equity Fund Portfolio Holdings
As on 30-09-2026 · 33 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
State Bank of India
Banks
16.99%
0.0%
NTPC Ltd.
Power
7.37%
0.0%
Bharat Heavy Electricals Ltd.
Electrical Equipment
6.69%
0.0%
Power Grid Corporation of India Ltd.
Power
6.37%
0.0%
Bharat Electronics Ltd.
Aerospace & Defense
4.80%
0.0%
Union Bank of India
Banks
4.66%
+14.4%
Bank of Maharashtra
Banks
4.48%
0.0%
GAIL (India) Ltd.
Gas
3.87%
0.0%
PNB Housing Finance Ltd.
Finance
3.80%
0.0%
Life Insurance Corporation of India
Insurance
3.49%
0.0%
Bharat Petroleum Corporation Ltd.
Petroleum Products
3.45%
0.0%
NMDC Ltd.
Minerals & Mining
3.16%
0.0%
Oil & Natural Gas Corporation Ltd.
Oil
3.08%
0.0%
Bank of India
Banks
3.02%
0.0%
Coal India Ltd.
Consumable Fuels
2.71%
0.0%
Hindustan Aeronautics Ltd.
Aerospace & Defense
2.70%
0.0%
Bank of Baroda
Banks
2.35%
0.0%
Hindustan Petroleum Corporation Ltd.
Petroleum Products
2.06%
0.0%
Indian Oil Corporation Ltd.
Petroleum Products
1.79%
0.0%
SBI Life Insurance Co. Ltd.
Insurance
1.78%
0.0%
Oil India Ltd.
Oil
1.50%
0.0%
Mahanagar Gas Ltd.
Gas
1.30%
0.0%
National Aluminium Company Ltd.
Non - Ferrous Metals
1.04%
0.0%
Power Finance Corporation Ltd.
Finance
0.81%
0.0%
Indraprastha Gas Ltd.
Gas
0.79%
0.0%
BEML Ltd.
Agricultural, Commercial & Construction Vehicles
0.72%
0.0%
Steel Authority of India Ltd.
Ferrous Metals
0.68%
0.0%
Canara Robeco Asset Management Company Ltd.
Capital Markets
0.65%
0.0%
Container Corporation of India Ltd.
Transport Services
0.45%
0.0%
Indian Railway Catering & Tourism Corporation Ltd.
Leisure Services
0.37%
0.0%
Indian Bank
Banks
0.33%
New
Gujarat Energy Ltd.
Gas
0.25%
0.0%
GSPL Transmission Ltd.
Gas
0.05%
0.0%
Aditya Birla Sun Life PSU Equity Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Union Bank of India
↑Added
+14.4%
4.66%
Indian Bank
↑New
New
0.33%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Aditya Birla Sun Life PSU Equity Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.76%
Expense ratio (Regular)
1.88%
Category
Thematic
Risk
Very High
Benchmark
BSE PSU TRI
Launch date
30-12-2019
Minimum investment
₹500
Minimum additional investment
₹500
AUM
₹5,774.54 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
147844
ISIN (Direct)
INF209KB1O82
Scheme code (Regular)
147846
ISIN (Regular)
INF209KB1O66
NAV history
From 01-01-2020, 6.8 years
Exit load
Exit load of 1% if redeemed within 30 days.
Tax on Aditya Birla Sun Life PSU Equity Fund returns
Aditya Birla Sun Life PSU Equity Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹37.52
30-10-2026
direct
IDCW
₹28.50
30-10-2026
regular
Growth
₹33.82
30-10-2026
regular
IDCW
₹24.25
30-10-2026
About Aditya Birla Sun Life PSU Equity Fund
Aditya Birla Sun Life PSU Equity Fund is a mutual fund from Aditya Birla Sun Life Mutual Fund. Its category is Thematic. It was launched on 30-12-2019. Its benchmark is BSE PSU TRI. At the end of September 2026 it held 33 securities.
Fund Manager
Dhaval Gala
Fund manager of Aditya Birla Sun Life PSU Equity Fund, since 22-09-2022
Frequently Asked Questions for Aditya Birla Sun Life PSU Equity Fund
What is the current NAV of Aditya Birla Sun Life PSU Equity Fund?
The Direct plan NAV is ₹37.52. The Regular plan NAV is ₹33.82, as on 30-10-2026.
What are the returns of Aditya Birla Sun Life PSU Equity Fund?
The Direct plan returned −0.64% in 1 year, +18.46% a year over 3 years, +21.14% a year over 5 years. The Regular plan returned −1.80% in 1 year, +16.97% a year over 3 years, +19.51% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Aditya Birla Sun Life PSU Equity Fund?
The Direct plan charges 0.76% a year. The Regular plan charges 1.88% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of Aditya Birla Sun Life PSU Equity Fund?
Aditya Birla Sun Life PSU Equity Fund managed ₹5,774.54 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Aditya Birla Sun Life PSU Equity Fund?
At the end of September 2026 the largest holdings were SBIN (16.99%), NTPC (7.37%), BHEL (6.69%), POWERGRID (6.37%), BEL (4.80%). The fund held 33 securities in all.
What did Aditya Birla Sun Life PSU Equity Fund buy and sell in September 2026?
It bought 1 new stock: Indian Bank. It added shares in 1.
How do I invest in Aditya Birla Sun Life PSU Equity Fund?
Through Aditya Birla Sun Life Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹500. You can invest once or through a monthly SIP.
Who is the fund manager of Aditya Birla Sun Life PSU Equity Fund?
Dhaval Gala (since 22-09-2022).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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