MonitorDirect · GrowthWatch before adding
Aditya Birla Sun Life Banking & PSU Debt Fund
Aditya Birla Sun Life Mutual FundIncome/Debt Oriented Schemes - Banking and PSU Debt Fund13.8 years
- NAV
- 402.7738
- 30 Oct 2026
- 1Y
- +3.5%
- Trailing CAGR
- AUM
- ₹8,439.17 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.6% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 84% of rolling 3-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer LIC MF Banking & PSU Debt Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.41% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -3.0%. Ask whether you can hold through a similar fall.
Vs category
Pass
84% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 30.5% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+3.5%
- 3Y+6.7%
- 5Y+6.1%
- 10Y+7.0%
- SI+8.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.2%
- 3Y+5.6%
- 5Y+6.2%
- 10Y+6.7%
- Since inception
- +8.1%
- Calendar-day CAGR
- Excess 1Y
- -0.4%
- Category median, same plan and option
- 3Y win rate
- +84%
- Windows beating the median
- 3Y percentile
- 38
- Vs comparable share classes
- SIP 3Y XIRR
- +5.6%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.9%
- 2621 daily-ending windows
- Median rolling 3Y
- +8.1%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2138 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -3.0%
- Worst peak-to-trough
- Current
- -0.6%
- Below last peak
- Current spell
- 77 days
- Days below latest peak
- Time below peak
- +44%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 316 recovered episodes
- Longest recovery
- 61 days
- Trough to prior peak
6 Mar 2020 – 20 Apr 2020
Trough 23 Mar 2020 · recovered in 28 days
-3.0%
24 Nov 2016 – 8 May 2017
Trough 10 Mar 2017 · recovered in 59 days
-1.8%
8 Jan 2021 – 12 Apr 2021
Trough 16 Mar 2021 · recovered in 27 days
-1.3%
9 Apr 2018 – 21 Jun 2018
Trough 17 May 2018 · recovered in 35 days
-0.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
39
Vs category
48
Consistency
78
Risk-adjusted
92
Drawdown
92
Mean
70
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- The fund beat the category median in 84% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 178 holdings · top 10 are 30.5%.
- Top 5
- 21.2%
- Top 10
- 30.5%
- Largest holding
- 6.7%
- Effective holdings
- 56.4
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC
Financial
6.7%
Net Receivables
Unspecified
5.1%
Repo
Unspecified
4.8%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 191B 6.58 BD 30MY30 FVRS1LAC
Financial
2.3%
REC LIMITED SR 236-B 7.56 BD 31AG27 FVRS1LAC
Financial
2.3%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
LIC MF Banking & PSU Debt Fund
LIC Mutual Fund
- 1Y
- +4.3%
- 3Y
- +7.1%
- Vol
- 1.2%
- Max DD
- -2.8%
- Sharpe
- 1.21
- 3Y win
- +32%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)
Sundaram Mutual Fund
- 1Y
- +9.1%
- 3Y
- n/a
- Vol
- 1.3%
- Max DD
- -0.5%
- Sharpe
- 1.83
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Axis Banking and PSU Debt Fund
Axis Mutual Fund
- 1Y
- +3.9%
- 3Y
- +6.7%
- Vol
- 1.3%
- Max DD
- -2.8%
- Sharpe
- 1.28
- 3Y win
- +37%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Bajaj Finserv Banking and PSU Debt Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.9%
- 3Y
- n/a
- Vol
- 1.2%
- Max DD
- -0.8%
- Sharpe
- 0.91
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Bandhan Banking and PSU Debt Fund
Bandhan Mutual Fund
- 1Y
- +5.0%
- 3Y
- +7.0%
- Vol
- 1.5%
- Max DD
- -3.3%
- Sharpe
- 1.15
- 3Y win
- +48%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown