HealthyDirect · GrowthFit for a long SIP
Aditya Birla Sun Life Money Market Fund
Aditya Birla Sun Life Mutual FundIncome/Debt Oriented Schemes - Money Market Fund13.8 years
- NAV
- 407.8707
- 30 Oct 2026
- 1Y
- +6.4%
- Trailing CAGR
- AUM
- ₹26,943.19 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.5% 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
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 76% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.22% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -1.4%. Ask whether you can hold through a similar fall.
Vs category
Pass
76% 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
Pass
Top 10 holdings ≈ 27.0% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
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+6.4%
- 3Y+7.3%
- 5Y+6.8%
- 10Y+6.8%
- SI+7.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.6%
- 3Y+7.0%
- 5Y+7.1%
- 10Y+6.7%
- Since inception
- +7.4%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +76%
- Windows beating the median
- 3Y percentile
- 89
- Vs comparable share classes
- SIP 3Y XIRR
- +7.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.1%
- 2748 daily-ending windows
- Median rolling 3Y
- +7.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2148 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -1.4%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +5%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 67 recovered episodes
- Longest recovery
- 26 days
- Trough to prior peak
11 Mar 2020 – 27 Mar 2020
Trough 24 Mar 2020 · recovered in 3 days
-1.4%
2 May 2022 – 1 Jun 2022
Trough 6 May 2022 · recovered in 26 days
-0.3%
23 Apr 2020 – 6 May 2020
Trough 28 Apr 2020 · recovered in 8 days
-0.3%
11 May 2026 – 1 Jun 2026
Trough 22 May 2026 · recovered in 10 days
-0.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
89
Vs category
50
Consistency
72
Risk-adjusted
100
Drawdown
97
Mean
82
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
- The fund beat the category median in 76% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 156 holdings · top 10 are 27.0%.
- Top 5
- 17.8%
- Top 10
- 27.0%
- Largest holding
- 5.2%
- Effective holdings
- 66.4
INDUSIND BANK LTD. CD 29JAN27
Financial
5.2%
THE JAMMU AND KASHMIR BANK LIMITED CD 22FEB27
Financial
3.6%
THE FEDERAL BANK LIMITED CD 18FEB27
Financial
3.4%
STATE DEVELOPMENT LOAN 35525 GUJ 05FB27 6.75 FV RS 100
Industrials
2.9%
YES BANK LIMITED CD 05MAR27
Financial
2.6%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Money Market Fund
Axis Mutual Fund
- 1Y
- +6.4%
- 3Y
- +7.4%
- Vol
- 0.6%
- Max DD
- -1.2%
- Sharpe
- 0.85
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Bajaj Finserv Money Market Fund
Bajaj Finserv Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.3%
- Vol
- 0.5%
- Max DD
- -0.1%
- Sharpe
- 3.25
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
SBI Money Market Fund
SBI Mutual Fund
- 1Y
- +6.2%
- 3Y
- +7.2%
- Vol
- 0.5%
- Max DD
- -1.0%
- Sharpe
- 3.01
- 3Y win
- +95%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Baroda BNP Paribas Money Market Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.2%
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- -0.03
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
HSBC Money Market Fund
HSBC Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.2%
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- 3.26
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns