Scheme

Aditya Birla Sun Life PSU Equity Fund

Holds 33 companies worth ₹5,633 Cr in Sept 2026.

Fund house
Aditya BirlaThe fund house that runs this scheme.
AUM
₹5,775 CrAditya Birla Sun Life PSU Equity Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.9% on Aug 2026, ₹6,073 Cr.
Largest holding
State Bank of IndiaState Bank of India is 17.0% of this scheme's NAV.
Fund manager
Dhaval GalaRuns it since 22 Sept 2022, as the fund house dates it.

Overview^{(1 Sept 2026)}

Fund managers1

Dhaval GalaFund manager · Sept 2022 · 20y

Dhaval JoshiNov 2022 – Oct 2025

Key facts

Benchmark: BSE PSU TRI
Risk: Very High
Expense: Regular 1.88% · Direct 0.75%
Exit load: 1% within 30 days
Started: 30 Dec 2019
Minimum: ₹500

Source.Its Scheme Summary Document as of 1 Sept 2026 at AMFI.

What changed^{(3 changes)}

Aug 2026

1 change

Expense ratio
26 AugRegular 1.59% → 1.88%Direct 0.58% → 0.75%

Apr 2026

1 change

Expense ratio
1 AprRegular 2.1% → 1.59%Direct 0.73% → 0.58%

Oct 2025

1 change

Dhaval Joshi left
2 Octran it as co-manager from Nov 2022

Source.Its filings at NSE, since Oct 2024.

Fund managers over time^{(Sept 2022 – now)}

MainCoSlice2023202420252026

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Oct 2024 – Sept 2026)}

Every change to the expense ratio, newest first.
3 changes	Regular	Direct	Δ pt
26 Aug 2026	1.88%	0.75%	0.17
1 Apr 2026	1.59%	0.58%	0.15
15 Oct 2024	2.10%	0.73%	–

Direct plan, 26 Aug 2026

0.75%

Regular plan 1.88% · Exit load 1% within 30 days

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk^{(1 Sept 2026)}

Objective

The investment 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

Risk, type and benchmark

Riskometer: Very High
At launch: Very High
Type: An Open ended equity scheme following PSU theme
Benchmark: BSE PSU TRI

Asset allocation it may hold% of NAV

Equity & Equity Related instruments of Public Sector Undertakings
Allowed80–100%
Other Equity & Equity Related instruments
Allowed0–20%
Liquid* and Money Market Instruments
Allowed0–10%Holds2.4%
Units of Mutual Funds
Allowed0–10%Holds0.0%
Units issued by InvITs
Allowed0–10%Holds0.0%

Holds in Sept 2026.97.6% equity · 2.4% debt and cash

How to invest^{(1 Sept 2026)}

Buying

To start: ₹500, then in multiples of ₹1
To add: ₹500, then in multiples of ₹1
SIP how often: OM,OW,FM,SM,DZ
SIP dates: Any Day(1 to 31) / Weekly(Monday to Friday)
SIP minimum: ₹100, then in multiples of ₹1
SIP instalments: 6

Selling and switching

To redeem: Rs.1 and multiples of Rs.1 thereafter or No minimum redemption criterion for Unit based redemption units
Minimum balance: ₹1 or 1E-3 units
Switch minimum: ₹500 or 1E-3 units
Switch multiples: ₹0.01
STP how often: Q,OM,OW,DZ
STP dates: 01,07,10,14,20,21,27,28
STP minimum: (OM/OW-Rs.500x12, Rs.1000x6) - (OQ-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20)
STP instalments: (OM/OW-Rs.500x12, Rs.1000x6) - (OQ-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20)
SWP how often: Q,OM,OW,DZ
SWP dates: 01,07,10,14,20,21,28
SWP minimum: (OM/OW/BZ - Rs.500x6) - (OQ - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)
SWP instalments: (OM/OW/BZ - Rs.500x6) - (OQ - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)

Scheme details^{(1 Sept 2026)}

What it is

Category: Equity Scheme - Sectoral/ Thematic
Offer: 9 Dec 2019 to 23 Dec 2019
Started: 30 Dec 2019
Reopened: 31 Dec 2019
Plans: Growth
Face value: ₹10
Listed: No

How it is run

Swing pricing: No
Side-pocketing: No
Custodian: HDFC Bank Limited
Auditor: M/s Deloitte Haskins & Sells LLP
Registrar: Computer Age Management Services Limited
SEBI code: ABSL/O/E/SEC/19/06/0086