ReviewDirect · GrowthPrefer peers first
Aditya Birla Sun Life MNC Fund
Aditya Birla Sun Life Mutual FundEquity Scheme - Sectoral/ Thematic13.8 years
The scheme would invest exclusively in securities of multinational companies in order to achieve long term growth of capital at relatively moderate levels of risk. A portion of the fund will also be invested in IPO and other primary market offerings.
- NAV
- 1,323.36
- 28 Oct 2026
- 1Y
- -14.0%
- Trailing CAGR
- AUM
- ₹3,029.03 Cr
- 30 Sept 2026
- Volatility
- Medium
- 13.3% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 28 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 · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer ICICI PRUDENTIAL HOUSING OPPORTUNITIES 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
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
1.48% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -32.4%. Ask whether you can hold through a similar fall.
Vs category
Fail
33% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Chanchal Khandelwal · 4.8 years on the scheme.
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 ≈ 35.1% 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 32%. 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-14.0%
- 3Y+5.0%
- 5Y+4.8%
- 10Y+7.7%
- SI+12.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-13.5%
- 3Y-4.0%
- 5Y+3.0%
- 10Y+6.4%
- Since inception
- +12.3%
- Calendar-day CAGR
- Excess 1Y
- -11.2%
- Category median, same plan and option
- 3Y win rate
- +33%
- Windows beating the median
- 3Y percentile
- 2
- Vs comparable share classes
- SIP 3Y XIRR
- -4.0%
- Simulated monthly SIP
- Worst rolling 3Y
- -1.6%
- 2652 daily-ending windows
- Median rolling 3Y
- +11.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2159 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -32.4%
- Worst peak-to-trough
- Current
- -19.1%
- Below last peak
- Current spell
- 757 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 22 days
- 113 recovered episodes
- Longest recovery
- 472 days
- Trough to prior peak
13 Feb 2020 – 1 Dec 2020
Trough 23 Mar 2020 · recovered in 253 days
-32.4%
1 Oct 2024 – open
Trough 28 Feb 2025 · not recovered
-22.2%
6 Aug 2015 – 8 Aug 2016
Trough 29 Feb 2016 · recovered in 161 days
-18.1%
31 Aug 2018 – 24 Jan 2020
Trough 9 Oct 2018 · recovered in 472 days
-17.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
2
Vs category
0
Consistency
36
Risk-adjusted
51
Drawdown
19
Mean
22
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.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 64 holdings · top 10 are 35.1%.
- Top 5
- 19.8%
- Top 10
- 35.1%
- Largest holding
- 4.7%
- Effective holdings
- 45.4
Maruti Suzuki India Ltd
Consumer Discretionary
4.7%
United Spirits Ltd
Consumer Staples
4.0%
Hindustan Unilever Ltd
Consumer Staples
3.8%
Britannia Industries Ltd
Consumer Staples
3.6%
Nestle India Ltd
Consumer Staples
3.5%
What changed
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
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND
ICICI Prudential Mutual Fund
- 1Y
- -9.2%
- 3Y
- +10.4%
- Vol
- 12.6%
- Max DD
- -16.7%
- Sharpe
- 0.54
- 3Y win
- +66%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Kotak Business Cycle Fund
Kotak Mahindra Mutual Fund
- 1Y
- +0.6%
- 3Y
- +15.9%
- Vol
- 12.7%
- Max DD
- -18.4%
- Sharpe
- 0.71
- 3Y win
- +98%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Aditya Birla Sun Life Transportation and Logistics Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +7.5%
- 3Y
- n/a
- Vol
- 18.2%
- Max DD
- -28.2%
- Sharpe
- 0.76
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Edelweiss Recently Listed IPO Fund
Edelweiss Mutual Fund
- 1Y
- +15.2%
- 3Y
- +16.3%
- Vol
- 18.8%
- Max DD
- -32.3%
- Sharpe
- 0.55
- 3Y win
- +49%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Franklin India Technology Fund
Franklin Templeton Mutual Fund
- 1Y
- -9.1%
- 3Y
- +11.3%
- Vol
- 16.7%
- Max DD
- -30.7%
- Sharpe
- 0.69
- 3Y win
- +59%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility