HealthyDirect · GrowthFit for a long SIP
Aditya Birla Sun Life Multi Asset Allocation Fund
Aditya Birla Sun Life Mutual FundHybrid Scheme - Multi Asset Allocation3.7 years
The Scheme seeks to provide long term capital appreciation by investing across asset classes like Equity, Debt, Commodities, & units of REITs & InvITs.
- NAV
- 17.0519
- 29 Oct 2026
- 1Y
- +3.9%
- Trailing CAGR
- AUM
- ₹7,477.72 Cr
- 30 Sept 2026
- Volatility
- Medium
- 9.8% 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 · The fund beat the category median in 60% of rolling 3-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Watch
3.7 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
0.67% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -12.8%. Ask whether you can hold through a similar fall.
Vs category
Pass
60% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Dhaval Gala · 2.0 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 ≈ 31.1% 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 13%. 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+3.9%
- 3Y+15.4%
- 5Yn/a
- 10Yn/a
- SI+15.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-1.8%
- 3Y+10.0%
- 5Yn/a
- 10Yn/a
- Since inception
- +15.4%
- Calendar-day CAGR
- Excess 1Y
- +1.2%
- Category median, same plan and option
- 3Y win rate
- +60%
- Windows beating the median
- 3Y percentile
- 57
- Vs comparable share classes
- SIP 3Y XIRR
- +10.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +14.5%
- 184 daily-ending windows
- Median rolling 3Y
- +17.5%
- 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
- -12.8%
- Worst peak-to-trough
- Current
- -6.5%
- Below last peak
- Current spell
- 65 days
- Days below latest peak
- Time below peak
- +78%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 9 days
- 67 recovered episodes
- Longest recovery
- 142 days
- Trough to prior peak
29 Jan 2026 – 12 Aug 2026
Trough 23 Mar 2026 · recovered in 142 days
-12.8%
26 Sept 2024 – 12 May 2025
Trough 28 Feb 2025 · recovered in 73 days
-8.8%
25 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-8.3%
11 Sept 2023 – 29 Nov 2023
Trough 26 Oct 2023 · recovered in 34 days
-3.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
57
Vs category
57
Consistency
64
Risk-adjusted
72
Drawdown
68
Mean
64
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 60% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 116 holdings · top 10 are 31.1%.
- Top 5
- 22.3%
- Top 10
- 31.1%
- Largest holding
- 11.3%
- Effective holdings
- 42.5
Aditya Birla Sun Life Gold ETF
Unspecified
11.3%
ICICI Bank Ltd
Financial
3.8%
Axis Bank Ltd
Financial
2.7%
Aditya Birla Sun Life Silver ETF-Growth
Unspecified
2.4%
SEDEMAC Mechatronics Ltd.
Industrials
2.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Nippon India Multi Asset Allocation Fund
Nippon India Mutual Fund
- 1Y
- +3.1%
- 3Y
- +17.9%
- Vol
- 9.5%
- Max DD
- -10.8%
- Sharpe
- 1.09
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
BANDHAN MULTI ASSET ALLOCATION FUND
Bandhan Mutual Fund
- 1Y
- +5.0%
- 3Y
- n/a
- Vol
- 9.2%
- Max DD
- -10.0%
- Sharpe
- 0.78
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Kotak Multi Asset Allocation Fund
Kotak Mahindra Mutual Fund
- 1Y
- +4.3%
- 3Y
- +16.2%
- Vol
- 12.3%
- Max DD
- -13.8%
- Sharpe
- 0.79
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Quantum Multi Asset Allocation Fund
Quantum Mutual Fund
- 1Y
- -3.3%
- 3Y
- n/a
- Vol
- 7.7%
- Max DD
- -10.5%
- Sharpe
- 0.15
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Union Multi Asset Allocation Fund
Union Mutual Fund
- 1Y
- +2.6%
- 3Y
- n/a
- Vol
- 11.2%
- Max DD
- -12.4%
- Sharpe
- 0.27
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns