Aditya Birla Sun Life PSU Equity Fund
The fund maintains an aggressive PSU-focused tilt with banking and power sectors dominating over 46% of assets, betting on continued government spending and infrastructure momentum. The addition of Union Bank of India signals the manager's confidence in financial sector valuations, though the portfolio's concentration—with top-10 holdings accounting for nearly two-thirds of assets—leaves little room for stock-picking finesse. This is a conviction play on state-owned enterprises' dividend yields and capital appreciation potential, suitable for investors aligned with India's infrastructure and public sector narrative.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹40.4600 | — | — | — | — |
| Regular Growth | ₹36.6600 | +0.74% | +11.73% | +27.21% | +25.01% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Union Bank of India | 1.04% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | State Bank of India INE062A01020 | 18.08% |
| 2 | NTPC Limited INE733E01010 | 8.71% |
| 3 | Power Grid Corporation of India Limited INE752E01010 | 7.44% |
| 4 | Bharat Heavy Electricals Limited INE257A01026 | 5.42% |
| 5 | Bharat Electronics Limited INE263A01024 | 5.10% |
| 6 | GAIL (India) Limited INE129A01019 | 4.56% |
| 7 | Bank of Maharashtra INE457A01014 | 4.30% |
| 8 | Oil & Natural Gas Corporation Limited INE213A01029 | 3.90% |
| 9 | NMDC Limited INE584A01023 | 3.56% |
| 10 | PNB Housing Finance Limited INE572E01012 | 3.39% |
| 11 | Bank of Baroda INE028A01039 | 3.38% |
| 12 | Bharat Petroleum Corporation Limited INE029A01011 | 3.27% |
| 13 | Bank of India INE084A01016 | 3.10% |
| 14 | Coal India Limited INE522F01014 | 2.93% |
| 15 | Hindustan Aeronautics Limited INE066F01020 | 2.40% |
| 16 | Hindustan Petroleum Corporation Limited INE094A01015 | 2.10% |
| 17 | SBI Life Insurance Company Limited INE123W01016 | 1.83% |
| 18 | Indian Oil Corporation Limited INE242A01010 | 1.80% |
| 19 | Oil India Limited INE274J01014 | 1.57% |
| 20 | Life Insurance Corp of India INE0J1Y01017 | 1.38% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Aditya Birla Sun Life PSU Equity Fund hold?
Aditya Birla Sun Life PSU Equity Fund holds 35 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 44.75% of NAV.
What is the largest holding in Aditya Birla Sun Life PSU Equity Fund?
The largest position in Aditya Birla Sun Life PSU Equity Fund is State Bank of India, accounting for 18.08% of NAV in the Banks sector.
Is Aditya Birla Sun Life PSU Equity Fund a concentrated or diversified fund?
With a Gini coefficient of 0.504, Aditya Birla Sun Life PSU Equity Fund is moderately concentrated. The HHI concentration index is 66,447 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 44.75% of the portfolio.
What is the market cap allocation of Aditya Birla Sun Life PSU Equity Fund?
Based on SEBI's AMFI classification, Aditya Birla Sun Life PSU Equity Fund's equity portfolio is split as: Large Cap: 67.48%, Mid Cap: 23.55%, Small Cap: 7.28%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Aditya Birla Sun Life PSU Equity Fund invest in most?
Aditya Birla Sun Life PSU Equity Fund has the highest allocation to Banks (30.49%), Power (16.16%), Aerospace & Defense (7.49%). The fund is invested across 18 sectors in total.
How actively managed is Aditya Birla Sun Life PSU Equity Fund compared to other Sectoral / Thematic funds?
Aditya Birla Sun Life PSU Equity Fund has an Active Share of 89.70%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Aditya Birla Sun Life PSU Equity Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Aditya Birla Sun Life PSU Equity Fund added 1 new stock (including Union Bank of India). Total holding count remained at 36 stocks.