HealthyDirect · GrowthFit for a long SIP
Aditya Birla Sun Life Crisil IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund
Aditya Birla Sun Life Mutual FundOther Scheme - Index Funds4 years
- NAV
- 13.3874
- 29 Oct 2026
- 1Y
- +4.6%
- Trailing CAGR
- AUM
- ₹401.73 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Buy checklist
History depth
Watch
4.0 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.19% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.8%. Ask whether you can hold through a similar fall.
Vs category
Fail
2% 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 ≈ 89.4% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
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 1%. 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
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
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+4.6%
- 3Y+7.4%
- 5Yn/a
- 10Yn/a
- SI+7.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.3%
- 3Y+6.3%
- 5Yn/a
- 10Yn/a
- Since inception
- +7.4%
- Calendar-day CAGR
- Excess 1Y
- +8.6%
- Category median, same plan and option
- 3Y win rate
- +2%
- Windows beating the median
- 3Y percentile
- 43
- Vs comparable share classes
- SIP 3Y XIRR
- +6.3%
- Simulated monthly SIP
- Worst rolling 3Y
- +7.0%
- 250 daily-ending windows
- Median rolling 3Y
- +7.6%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.8%
- Worst peak-to-trough
- Current
- -0.2%
- Below last peak
- Current spell
- 16 days
- Days below latest peak
- Time below peak
- +49%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 133 recovered episodes
- Longest recovery
- 24 days
- Trough to prior peak
10 Mar 2026 – 17 Apr 2026
Trough 2 Apr 2026 · recovered in 15 days
-0.8%
2 Feb 2023 – 13 Mar 2023
Trough 27 Feb 2023 · recovered in 14 days
-0.6%
21 Sept 2023 – 2 Nov 2023
Trough 9 Oct 2023 · recovered in 24 days
-0.5%
5 Aug 2025 – 15 Sept 2025
Trough 29 Aug 2025 · recovered in 17 days
-0.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
43
Vs category
100
Consistency
25
Risk-adjusted
86
Drawdown
98
Mean
70
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 25 holdings · top 10 are 89.4%.
- Top 5
- 69.1%
- Top 10
- 89.4%
- Largest holding
- 26.7%
- Effective holdings
- 7.4
GOVERNMENT OF INDIA 32829 GOI 10AP28 7.06 FV RS 100
Entities
26.7%
STATE DEVELOPMENT LOAN 20263 TN 14MR28 8.28 FV RS 100
Unspecified
17.8%
GOI Sec 8.28 21/09/2027
Entities
11.4%
STATE DEVELOPMENT LOAN 20359 TN 18AP28 8.05 FV RS 100
Unspecified
6.9%
GOVERNMENT OF INDIA 31719 GOI 20JU27 7.38 FV RS 100
Entities
6.3%
What changed
DECISION
Status moved from HEALTHY to MONITOR.
27 Oct 2026
DECISION
Status moved from MONITOR to HEALTHY.
22 Sept 2026
DECISION
Status moved from HEALTHY to MONITOR.
15 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
DECISION
Status moved from HEALTHY to MONITOR.
8 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund
DSP Mutual Fund
- 1Y
- +5.1%
- 3Y
- +7.4%
- Vol
- 0.9%
- Max DD
- -0.3%
- Sharpe
- 1.56
- 3Y win
- +6%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity 70:30 Index Fund
Nippon India Mutual Fund
- 1Y
- +4.7%
- 3Y
- +7.5%
- Vol
- 1.1%
- Max DD
- -0.7%
- Sharpe
- 1.22
- 3Y win
- +15%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 Index Fund
Edelweiss Mutual Fund
- 1Y
- +5.4%
- 3Y
- n/a
- Vol
- 0.9%
- Max DD
- -0.5%
- Sharpe
- 1.37
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Kotak Mahindra Mutual Fund
- 1Y
- +6.5%
- 3Y
- n/a
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- 2.30
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
BANDHAN NIFTY 100 INDEX FUND
Bandhan Mutual Fund
- 1Y
- -9.7%
- 3Y
- +8.9%
- Vol
- 13.5%
- Max DD
- -17.3%
- Sharpe
- 0.26
- 3Y win
- +51%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER