Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life PSU Equity Fund

Aditya Birla Sun Life PSU Equity Fund

(An open ended equity scheme following PSU theme)

Class: Equity
Category: Thematic

Investment objective

The objective of the scheme is to provide long term capital appreciation by investing in equity and equity related instruments of Public Sector Undertakings (PSUs).

The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

This product is suitable for investors who are seeking

  • long term capital appreciation
  • investments in stocks of Public Sector Undertakings

Fund Details

  • Fund Type - Open-Ended
  • Class - Equity
  • Category - Thematic
  • Min Investment - Fresh Purchase (Incl. Switch-in): Minimum of Rs. 500/- and in multiples of Re. 1/- thereafter Additional Purchase (Incl. Switch-in): Minimum of Rs.500/- and in multiples of Re.1/- thereafter Repurchase for all Plans/Options: In Multiples of Re. 1/- or 0.001 units
  • Fund Manager - Mr. Mahesh Patil & Mr. Vineet Maloo
  • Latest NAV - 10.07 (as on 16-Jan-2020)
  • Inception Date - Dec 09, 2019
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Fund Management

  • Mr. Mahesh Patil

    Total Experience : 27 years

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    As Co-Chief Investment Officer, Mahesh Patil spearheads Equity Investments at Aditya Birla Sun Life AMC Limited. With over twenty-seven years of rich experience in fund and investment management, Mahesh leads a team of twenty, comprising fund managers and analysts, managing over INR 92,000 crores in equity assets.

    Mahesh has been with Aditya Birla Sun Life AMC since 2005, where he started as a Fund Manager. In 2008, Mahesh was promoted as Head – Equity and subsequently as Co-Chief Investment Officer (Equity) in 2011. He manages funds such as ABSL Frontline Equity, ABSL Focused Equity, ABSL Equity Hybrid '95, and ABSL Pure Value Fund.

    An Engineer from VJTI, Mumbai, Mahesh is an MBA in Finance from Jamnalal Bajaj Institute, Mumbai. He is also a charter holder from ICFAI, Hyderabad.
  • Mr. Vineet Maloo

    Total Experience : ​11 years

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    Vineet has 7 years of experience. He has been providing analytical support to the Chief Financial Officer of Hindalco Industries Limited, prior to which he has worked with Aditya Birla Management Corporation Ltd.
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Your Investment Summary

  • Investment AmountRs 5000
  • Initial units per month 29.5
  • Current valueRs 50,000
  • Current NAV value 260
  • Current Units 30
  • XIRR

    Internal rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals.

    5.10%
  • Benchmark XIRR

    Internal Rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals for respective benchmark index.

    8%

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
For redemption/switch out of units on or before 90 days from the date of allotment: 0.50% of applicable NAV. For redemption/switch out of units after 90 days from the date of allotment: Nil

Highlights

  • Investment in focused portfolio of 30 - 35 PSU stocks
  • Potential for long term capital appreciation as well as high dividend yield

Harnessing the PSUs growth potential

Aditya Birla Sun Life PSU Equity Fund is an open ended thematic fund investing predominantly in PSUs or companies in which central/state government have at least 51% shareholding.

This scheme seeks to capitalise on the long-term growth potential of PSUs by investing in a well-diversified portfolio of PSUs including those in the Oil, Gas, Power, Mining, Financial Services, and Industrials sectors.

This scheme is suitable for long term equity investors with high risk appetite and an investment horizon of 3-5 years.

Investment Strategy:

The scheme will focus on a portfolio of 30-35 stocks, with an intended 60-70% exposure to large caps and the balance to mid & small caps. Bottom-up approach would be followed for stock-picking.

The scheme will seek to invest in companies which have prospects of future growth & scalability, reasonable Return on Equity, sustainable cashflow to maintain their dividend yield and reasonable valuations in relation to the broader market.

The scheme may also participate in non-PSU opportunities from time to time where the beneficiaries could benefit from any government reforms or any other opportunity (subject to maximum 20% exposure)

Aditya Birla Sun Life PSU Equity Fund

(An open ended equity scheme following PSU theme)

This product is suitable for investors who are seeking*

  • long term capital appreciation
  • investments in stocks of Public Sector Undertakings

 

*Investors should consult their financial advisers if in doubt whether the product is suitable for them

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  • KIM - Aditya Birla Sun Life PSU Equity Fund
  • SID - Aditya Birla Sun Life PSU Equity Fund

Disclaimer

For further details on the Scheme, refer Scheme Information Document and Key Information Memorandum.

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