Funds/Sectoral / Thematic/Aditya Birla Sun Life PSU Equity Fund

Aditya Birla Sun Life PSU Equity Fund

Aditya Birla Sun Life Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

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	3M	6M	1Y	3Y CAGR	5Y CAGR
Direct Growth	₹40.2100	—	—	—	—	—	—
Regular Growth	₹36.4300	+2.45%	-0.36%	+4.68%	+12.89%	+27.54%	+24.85%

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

44.75%

Top 10 Weight

64.47%

Active Share

—

Large Cap

67.48%

Gini

0.504

What Changed2026-03-31 → 2026-04-30

Holdings: 36 → 36+1 added−0 removed23 weight shifts ≥ 0.1%

Stock	Sector	Weight
Union Bank of India	Banks	1.04%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	State Bank of India INE062A01020	Banks	EQUITY	18.08%
2	NTPC Limited INE733E01010	Power	EQUITY	8.71%
3	Power Grid Corporation of India Limited INE752E01010	Power	EQUITY	7.44%
4	Bharat Heavy Electricals Limited INE257A01026	Electrical Equipment	EQUITY	5.42%
5	Bharat Electronics Limited INE263A01024	Aerospace & Defense	EQUITY	5.10%
6	GAIL (India) Limited INE129A01019	Gas	EQUITY	4.56%
7	Bank of Maharashtra INE457A01014	Banks	EQUITY	4.30%
8	Oil & Natural Gas Corporation Limited INE213A01029	Oil	EQUITY	3.90%
9	NMDC Limited INE584A01023	Minerals & Mining	EQUITY	3.56%
10	PNB Housing Finance Limited INE572E01012	Finance	EQUITY	3.39%
11	Bank of Baroda INE028A01039	Banks	EQUITY	3.38%
12	Bharat Petroleum Corporation Limited INE029A01011	Petroleum Products	EQUITY	3.27%
13	Bank of India INE084A01016	Banks	EQUITY	3.10%
14	Coal India Limited INE522F01014	Consumable Fuels	EQUITY	2.93%
15	Hindustan Aeronautics Limited INE066F01020	Aerospace & Defense	EQUITY	2.40%
16	Hindustan Petroleum Corporation Limited INE094A01015	Petroleum Products	EQUITY	2.10%
17	SBI Life Insurance Company Limited INE123W01016	Insurance	EQUITY	1.83%
18	Indian Oil Corporation Limited INE242A01010	Petroleum Products	EQUITY	1.80%
19	Oil India Limited INE274J01014	Oil	EQUITY	1.57%
20	Life Insurance Corp of India INE0J1Y01017	Insurance	EQUITY	1.38%

Sector Allocation

Banks30.5%

Power16.2%

Aerospace & Defense7.5%

Petroleum Products7.2%

Gas7.1%

Oil5.5%

Electrical Equipment5.4%

Finance4.7%

Minerals & Mining3.6%

Insurance3.2%

Top 10 sectors by % to NAV. Excludes derivatives.