ReviewDirect · GrowthPrefer peers first
Aditya Birla Sun Life Banking and Financial Services Fund
Aditya Birla Sun Life Mutual FundEquity Scheme - Sectoral/ Thematic12.9 years
- NAV
- 65.69
- 30 Oct 2026
- 1Y
- -7.4%
- Trailing CAGR
- AUM
- ₹3,406.14 Cr
- 30 Sept 2026
- Volatility
- High
- 20.7% 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
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Maximum drawdown exceeded 35%.
Prefer peers if · Prefer Franklin India Technology Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
12.9 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
1.14% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -47.4%. Ask whether you can hold through a similar fall.
Vs category
Watch
44% 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
Watch
Top 10 holdings ≈ 62.1% 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.
Drawdown rehearsal
This scheme’s worst fall on file is about 47%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
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-7.4%
- 3Y+9.0%
- 5Y+8.6%
- 10Y+11.2%
- SI+15.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-10.7%
- 3Y+2.3%
- 5Y+8.3%
- 10Y+11.1%
- Since inception
- +15.9%
- Calendar-day CAGR
- Excess 1Y
- -4.9%
- Category median, same plan and option
- 3Y win rate
- +44%
- Windows beating the median
- 3Y percentile
- 25
- Vs comparable share classes
- SIP 3Y XIRR
- +2.3%
- Simulated monthly SIP
- Worst rolling 3Y
- -10.2%
- 2433 daily-ending windows
- Median rolling 3Y
- +16.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1940 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -47.4%
- Worst peak-to-trough
- Current
- -11.0%
- Below last peak
- Current spell
- 254 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 17 days
- 126 recovered episodes
- Longest recovery
- 280 days
- Trough to prior peak
2 Jan 2020 – 28 Dec 2020
Trough 23 Mar 2020 · recovered in 280 days
-47.4%
20 Aug 2018 – 27 May 2019
Trough 26 Oct 2018 · recovered in 213 days
-22.6%
3 Mar 2015 – 27 May 2016
Trough 25 Feb 2016 · recovered in 92 days
-22.6%
26 Oct 2021 – 28 Nov 2022
Trough 20 Jun 2022 · recovered in 161 days
-22.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
25
Vs category
19
Consistency
53
Risk-adjusted
52
Drawdown
0
Mean
30
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 62% of rolling 1-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 43 holdings · top 10 are 62.1%.
- Top 5
- 44.6%
- Top 10
- 62.1%
- Largest holding
- 13.9%
- Effective holdings
- 17.7
ICICI Bank Ltd
Financial
13.9%
HDFC Bank Ltd
Financial
10.5%
Axis Bank Ltd
Financial
8.1%
Bajaj Finance Ltd
Financial
6.7%
Shriram Transport Finance Company Ltd
Financial
5.4%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
30 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Franklin India Technology Fund
Franklin Templeton Mutual Fund
- 1Y
- -8.7%
- 3Y
- +11.1%
- Vol
- 16.7%
- Max DD
- -30.7%
- Sharpe
- 0.69
- 3Y win
- +59%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Kotak Business Cycle Fund
Kotak Mahindra Mutual Fund
- 1Y
- -0.1%
- 3Y
- +15.8%
- Vol
- 12.7%
- Max DD
- -18.4%
- Sharpe
- 0.70
- 3Y win
- +98%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Nippon India Innovation Fund
Nippon India Mutual Fund
- 1Y
- -5.1%
- 3Y
- +12.8%
- Vol
- 14.3%
- Max DD
- -21.5%
- Sharpe
- 0.46
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Edelweiss Recently Listed IPO Fund
Edelweiss Mutual Fund
- 1Y
- +14.8%
- 3Y
- +16.5%
- Vol
- 18.8%
- Max DD
- -32.3%
- Sharpe
- 0.55
- 3Y win
- +49%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND
ICICI Prudential Mutual Fund
- 1Y
- -9.5%
- 3Y
- +10.3%
- Vol
- 12.6%
- Max DD
- -16.7%
- Sharpe
- 0.54
- 3Y win
- +65%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER