Aditya Birla Sun Life PSU Equity Fund vs ICICI Prudential PSU Equity Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life PSU Equity Fund is a Thematic fund and ICICI Prudential PSU Equity Fund is a Thematic fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life PSU Equity Fund (Direct) returned 18.5% a year and ICICI Prudential PSU Equity Fund (Direct) returned 18.5% a year. Aditya Birla Sun Life PSU Equity Fund charges 0.76% a year and ICICI Prudential PSU Equity Fund 1.28% (Direct plans). Their portfolios overlap 62.7%: they hold 23 of the same securities.
Aditya Birla Sun Life PSU Equity Fund
Thematic
- 3 year return
- 18.5%
- Expense ratio
- 0.76%
- NAV
- ₹37.52
ICICI Prudential PSU Equity Fund
Thematic
- 3 year return
- 18.5%
- Expense ratio
- 1.28%
- NAV
- ₹21.69
Which is better, Aditya Birla Sun Life PSU Equity or ICICI Prudential PSU Equity? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential PSU Equity returned more over 3 years: 18.5% a year against 18.5%.
- Aditya Birla Sun Life PSU Equity returned more over 1 year: −0.6% against −3.4%.
- Aditya Birla Sun Life PSU Equity costs less: 0.76% a year against 1.28% (Direct plans).
- ICICI Prudential PSU Equity swung less over 3 years: a standard deviation of 18.1% a year against 20.6%.
- ICICI Prudential PSU Equity fell less in its worst fall since 13-09-2022: −23.0% against −26.8%.
- Aditya Birla Sun Life PSU Equity is the larger fund: ₹5,775 Cr against ₹1,755 Cr.
- Their portfolios overlap 62.7%: 23 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life PSU Equity Fund | ICICI Prudential PSU Equity Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹5,775 Cr (30-09-2026) | ₹1,755 Cr (30-09-2026) |
| NAV | ₹37.52 (Direct) | ₹21.69 (Direct) |
| Expense ratio (Direct) | 0.76% | 1.28% |
| Expense ratio (Regular) | 1.88% | 2.33% |
| Riskometer | Very High | Not available |
| Benchmark | BSE PSU TRI | BSE PSU TRI |
| Launch date | 30-12-2019 | 12-09-2022 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Dhaval Gala | Antariksha Banerjee |
| Exit load | Exit load of 1% if redeemed within 30 days. | • 1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 1 month from the date of allotment. • Nil - If the amount sought to be redeemed or switched out is invested for a period of more than 1 month from the date of allotment. |
Aditya Birla Sun Life PSU Equity vs ICICI Prudential PSU Equity: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life PSU Equity Fund (Direct) | −1.60% | −4.84% | −7.97% | −0.64% | +18.46% | +21.14% | -- |
| ICICI Prudential PSU Equity Fund (Direct) | −2.34% | −5.49% | −8.21% | −3.39% | +18.54% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Aditya Birla Sun Life PSU Equity vs ICICI Prudential PSU Equity: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life PSU Equity | ICICI PrudentialICICI Prudential PSU Equity | BSE PSU TRI |
|---|---|---|---|
| 2026to date | −1.50% | −2.74% | −6.20% |
| 2025 | +11.64% | +8.46% | +12.09% |
| 2024 | +15.70% | +25.98% | +24.34% |
| 2023 | +61.50% | +55.13% | +61.48% |
| 2022 | +30.52% | -- | +28.30% |
| 2021 | +39.90% | -- | +47.95% |
Aditya Birla Sun Life PSU Equity vs ICICI Prudential PSU Equity: Rolling Returns
Every holding period of both funds, against BSE PSU TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 277 of them, one for each trading day from 15-09-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life PSU Equity Fund (Direct)
ICICI Prudential PSU Equity Fund (Direct)
BSE PSU TRI
to
Oct 2025Dec 2022
to
Dec 2025Mar 2023
to
Mar 2026May 2023
to
May 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life PSU Equity | 0.0 | 0.0 | 0.0 | 0.0 | 12.6 | 13.7 | 73.6 | 27.1% | 28.1% | 16.9% | 34.6% | 0% |
| ICICI Prudential PSU Equity | 0.0 | 0.0 | 0.0 | 0.0 | 8.7 | 19.9 | 71.4 | 26.7% | 27.7% | 17.8% | 32.7% | 4% |
| BSE PSU TRI | 0.0 | 0.0 | 0.0 | 0.0 | 8.3 | 9.0 | 82.7 | 29.6% | 30.9% | 17.9% | 38.0% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE PSU TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 13-09-2022. Past returns do not promise future returns.
Aditya Birla Sun Life PSU Equity vs ICICI Prudential PSU Equity: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-09-2022 to 30-10-2026: 50 instalments, ₹5,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life PSU EquityAditya Birla Sun Life PSU Equity Fund (Direct) | ₹5,00,000 | ₹6,63,905 | ₹1,63,905 | 13.7% |
| ICICI Prudential PSU EquityICICI Prudential PSU Equity Fund (Direct) | ₹5,00,000 | ₹6,54,029 | ₹1,54,029 | 12.9% |
Aditya Birla Sun Life PSU EquityAditya Birla Sun Life PSU Equity Fund (Direct)
ICICI Prudential PSU EquityICICI Prudential PSU Equity Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), 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 vs ICICI Prudential PSU Equity: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life PSU Equity Fund (Direct) | ICICI Prudential PSU Equity Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.64% | −3.39% |
| Standard deviation | 15.99% | 13.80% |
| Sharpe ratio | -0.37 | -0.63 |
| Sortino ratio | -0.48 | -0.83 |
| Maximum drawdown | −13.3% (30-03-2026) | −11.8% (23-10-2026) |
| Beta | 0.97 | 0.83 |
| Alpha | +4.42% | +0.22% |
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 and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life PSU Equity Fund (Direct) | ICICI Prudential PSU Equity Fund (Direct) |
|---|---|---|
| Return (CAGR) | +18.46% | +18.54% |
| Standard deviation | 20.60% | 18.13% |
| Sharpe ratio | 0.60 | 0.69 |
| Sortino ratio | 0.79 | 0.92 |
| Maximum drawdown | −26.8% (28-02-2025) | −23.0% (28-02-2025) |
| Beta | 0.91 | 0.80 |
| Alpha | +0.55% | +2.09% |
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 and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life PSU Equity Fund (Direct) | ICICI Prudential PSU Equity Fund (Direct) |
|---|---|---|
| Return (CAGR) | +21.28% | +20.57% |
| Standard deviation | 21.12% | 16.48% |
| Sharpe ratio | 0.76 | 0.87 |
| Sortino ratio | 1.02 | 1.18 |
| Maximum drawdown | −33.8% (24-03-2020) | −23.0% (28-02-2025) |
| Beta | 0.90 | 0.78 |
| Alpha | +2.79% | +1.98% |
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 and alpha compare each fund with its own benchmark's TRI.
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.
Aditya Birla Sun Life PSU Equity Fund (Direct)
ICICI Prudential PSU Equity Fund (Direct)
BSE PSU TRI
| Fund | 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) | −26.8% | 01-08-2024 | 28-02-2025 | 10-02-2026 | 11 months | −10.5% |
| ICICI Prudential PSU Equity Fund (Direct) | −23.0% | 01-08-2024 | 28-02-2025 | 10-02-2026 | 11 months | −10.2% |
| BSE PSU TRI | −29.0% | 31-07-2024 | 28-02-2025 | 09-02-2026 | 11 months | −14.8% |
From daily values since 13-09-2022, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life PSU Equity Fund (Direct)
ICICI Prudential PSU Equity Fund (Direct)
BSE PSU TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life PSU Equity Fund (Direct)
ICICI Prudential PSU Equity Fund (Direct)
BSE PSU TRI
Against BSE PSU TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life PSU Equity Fund (Direct) | 93% | 88% | 3.85% |
| ICICI Prudential PSU Equity Fund (Direct) | 81% | 74% | 5.41% |
From month-end values since 13-09-2022. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Aditya Birla Sun Life PSU Equity vs ICICI Prudential PSU Equity: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life PSU Equity Fund, September 2026; ICICI Prudential PSU Equity Fund, September 2026
Holdings in common
- Overlap
- 62.7%
- Held by both
- 23
- Only in Aditya Birla Sun Life PSU Equity
- 10
- Only in ICICI Prudential PSU Equity
- 22
| Security | % of Aditya Birla Sun Life PSU Equity | % of ICICI Prudential PSU Equity |
|---|---|---|
| State Bank of India | 16.99% | 17.55% |
| NTPC Ltd. | 7.37% | 9.41% |
| Power Grid Corporation of India Ltd. | 6.37% | 7.92% |
| Bharat Electronics Ltd. | 4.80% | 6.29% |
| Life Insurance Corporation of India | 3.49% | 5.98% |
| Bharat Petroleum Corporation Ltd. | 3.45% | 3.30% |
| Oil & Natural Gas Corporation Ltd. | 3.08% | 4.94% |
| Coal India Ltd. | 2.71% | 3.46% |
| Bank of Baroda | 2.35% | 2.13% |
| Hindustan Aeronautics Ltd. | 2.70% | 1.94% |
| Indian Oil Corporation Ltd. | 1.79% | 4.76% |
| SBI Life Insurance Co. Ltd. | 1.78% | 2.17% |
| Oil India Ltd. | 1.50% | 2.34% |
| Bank of India | 3.02% | 1.37% |
| GAIL (India) Ltd. | 3.87% | 1.26% |
| National Aluminium Company Ltd. | 1.04% | 0.98% |
| Hindustan Petroleum Corporation Ltd. | 2.06% | 0.50% |
| Indian Railway Catering & Tourism Corporation Ltd. | 0.37% | 2.70% |
| Indian Bank | 0.33% | 1.17% |
| Indraprastha Gas Ltd. | 0.79% | 0.29% |
| Gujarat Energy Ltd. | 0.25% | 0.93% |
| Steel Authority of India Ltd. | 0.68% | 0.07% |
| GSPL Transmission Ltd. | 0.05% | 0.19% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 62.7% means 62.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life PSU Equity Fund
| Security | % of fund |
|---|---|
| Bharat Heavy Electricals Ltd. | 6.69% |
| Union Bank of India | 4.66% |
| Bank of Maharashtra | 4.48% |
| PNB Housing Finance Ltd. | 3.80% |
| NMDC Ltd. | 3.16% |
Largest holdings only in ICICI Prudential PSU Equity Fund
| Security | % of fund |
|---|---|
| General Insurance Corporation of India | 2.20% |
| NHPC Ltd. | 2.10% |
| SBI Cards & Payment Services Ltd. | 1.97% |
| SJVN Ltd. | 1.33% |
| Central Bank Of India | 1.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life PSU Equity | ICICI Prudential PSU Equity |
|---|---|---|
| Equity | 97.6% | 97.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.4% | 2.1% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life PSU Equity | ICICI Prudential PSU Equity |
|---|---|---|
| Large Cap | 73.2% | 72.8% |
| Mid Cap | 16.8% | 15.1% |
| Small Cap | 7.5% | 9.9% |
| Not on AMFI's list | 0.1% | 0.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life PSU Equity | ICICI Prudential PSU Equity |
|---|---|---|
| Banks | 31.8% | 23.8% |
| Power | 13.8% | 21.3% |
| Insurance | 5.3% | 10.6% |
| Petroleum Products | 7.3% | 9.1% |
| Aerospace & Defense | 7.5% | 8.7% |
| Oil | 4.6% | 7.3% |
| Electrical Equipment | 6.7% | 0.0% |
| Gas | 6.3% | 3.0% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life PSU Equity vs ICICI Prudential PSU Equity: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life PSU Equity Fund | ICICI Prudential PSU Equity Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.76% | 1.28% |
| Base expense ratio (Direct) | 0.61% | 0.86% |
| Total expense ratio (Regular) | 1.88% | 2.33% |
| Base expense ratio (Regular) | 1.58% | 1.79% |
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, transaction costs, and levies with GST.
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Aditya Birla Sun Life PSU Equity Fund vs ICICI Prudential PSU Equity Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life PSU Equity Fund and ICICI Prudential PSU Equity Fund?
Aditya Birla Sun Life PSU Equity Fund is a Thematic fund, ICICI Prudential PSU Equity Fund is a Thematic fund, run by Aditya Birla Sun Life Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 62.7%. Aditya Birla Sun Life PSU Equity Fund charges 0.76% a year and ICICI Prudential PSU Equity Fund 1.28%.
Which has given higher returns, Aditya Birla Sun Life PSU Equity Fund or ICICI Prudential PSU Equity Fund?
Over 1 year: Aditya Birla Sun Life PSU Equity Fund −0.64%, ICICI Prudential PSU Equity Fund −3.39%. Over 3 years: Aditya Birla Sun Life PSU Equity Fund +18.46% a year, ICICI Prudential PSU Equity Fund +18.54% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life PSU Equity Fund or ICICI Prudential PSU Equity Fund?
Aditya Birla Sun Life PSU Equity Fund charges less: 0.76% a year against 1.28%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life PSU Equity Fund and ICICI Prudential PSU Equity Fund overlap?
62.7%. They hold 23 of the same securities, the largest shared ones being SBIN, NTPC, POWERGRID. From each fund's latest monthly portfolio.
Which is better for SIP, Aditya Birla Sun Life PSU Equity Fund or ICICI Prudential PSU Equity Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,96,393 in Aditya Birla Sun Life PSU Equity Fund (XIRR 4.4% a year) and ₹3,94,221 in ICICI Prudential PSU Equity Fund (XIRR 4.1% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life PSU Equity Fund and ICICI Prudential PSU Equity Fund?
Yes. 62.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Aditya Birla Sun Life PSU Equity Fund and ICICI Prudential PSU Equity Fund?
Aditya Birla Sun Life PSU Equity Fund: Dhaval Gala. ICICI Prudential PSU Equity Fund: Antariksha Banerjee.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.