Aditya Birla Sun Life PSU Equity Fund Direct Growth.
Aditya Birla Mutual Fund is one of the leading mutual fund companies in india. It was established in 1994 as a joint venture between Aditya Birla and Sun Life Financial, one of Canada’s leading financial services organisations. It offers a wide range of mutual fund schemes catering to different investment objectives and risk appetites. Aditya Birla Sun Life mutual funds online have a variety of businesses, including portfolio management services, real estate investment, and alternative investment funds. Portfolio management services are customized to provide consistent, long-term results by adopting a research-based, systematic investment approach.
Aditya Birla Sun Life PSU Direct Growth
Aditya Birla Sun Life PSU Equity Fund AUM 3,403.63 crores as of March 31, 2024. Latest NAV (Net Asset Value) 36.73 as of April 26,2024 for direct growth plan.
Return (In the last few years)
- In 1 year 97.50 %.
- In 3 years 46.20 %.
Other information
- Expense Ratio:
- Direct Plan: 1.87%.
- Regular plan: 2.34%.
- Exit load: 1 % if redeemed within 30 days.
Advantages of investing in Aditya Birla Sun Life PSU Equity Direct-Growth
(i) Potential for Higher Returns: Equity mutual funds like Aditya Birla Sun Life Equity Direct-Growth have the potential to deliver higher returns over the long term compared to traditional fixed-income investments. Aditya Birla Sun Life MF Equity funds generate higher returns than debt funds and balanced funds. Historically, these funds have been known to deliver average returns of around 12% over a period of more than 5 years.
(ii) Professional Management: The fund is managed by experienced and qualified fund managers who conduct in-depth research and analysis to select stocks that they believe have the potential to generate superior returns.
(iii) Tax benefits: Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, a deduction on your taxable income under section 80c for your investments in this fund.
(iv) Direct Plan Advantage: The investors may benefit from higher returns over the long term due to lower expenses. It allows you to invest a fixed amount at regular intervals for a specified period which helps in building a portfolio.
(v) Revenue: The Aditya Birla Group has expanded its presence into diverse sectors to broaden its revenue streams. It operates in industries such as metals, cement, textiles, chemicals, telecommunications, financial services, and retail, among others. Diversification helps spread risk and reduces the impact of volatility in any single stock or sector on the overall performance of the fund.
(vi) Online Access: Transactions and account management can be done conveniently through Aditya Birla Sun Life’s website or mobile app.
Disadvantages of investing in Aditya Birla Sun Life PSU Equity Direct Growth
(i) Expense ratio: The expense ratio of Aditya Birla Sun Life PSU Equity Fund – Regular Plan is 1.89. The fund currently has an Asset Under Management(AUM) of ₹3,14,892 Cr and the Latest NAV as of 26 Apr 2024 is ₹36.73. It is rated as Very High risk.
(ii) Market risk: Market risk is the possibility that an individual or other entity will experience losses due to factors that affect the overall performance of investments in the financial markets. Minimum SIP Investment is set to 100. The minimum sum investment is 500. Exit load of 1% if redeemed within 30 days.
Conclusion
Aditya Birla Sun Life PSU Equity Fund Direct Growth is a mutual fund scheme offered by Aditya Birla Sun Life Mutual Fund that invests primarily in stocks of Public Sector Undertakings (PSUs) in India. Enables one-time investment of a larger amount. The potential returns are generally higher than other types of investments like fixed deposits, but past performance does not guarantee future results.
FAQs
1. Who manages this fund?
Ans: Fund managers manage the Aditya Birla Sun Life Equity Fund Direct Growth.
2. What is the minimum investment amount for this fund?
Ans: The minimum lumpsum investment is 500. The minimum SIP investment is set to 100.
3. Is it a good investment?
Ans: The fund currently has an asset under management (AUM) of Rs. 3,14,892 Cr. And the latest NAV as of 26 April 2024 is Rs. 36.73. The Aditya Birla Sun Life PSU Equity Fund Direct Growth is rated very high risk.
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