MonitorDirect · GrowthWatch before adding
Aditya Birla Sun Life Nifty 50 Equal Weight index Fund
Aditya Birla Sun Life Mutual FundIndex Funds - Equity Funds5.4 years
The scheme seeks to provide returns that closely correspond to the total returns of securities as represented by Nifty 50 Equal Weight TR Index, subject to tracking errors.
- NAV
- 18.124
- 30 Oct 2026
- 1Y
- -5.1%
- Trailing CAGR
- AUM
- ₹530.13 Cr
- 31 Aug 2026
- Volatility
- Medium
- 13.7% 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
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 65% of rolling 1-year windows.
Prefer peers if · Prefer Axis BSE Sensex Index Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
5.4 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.42% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -18.0%. Ask whether you can hold through a similar fall.
Vs category
Fail
28% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Mehul Dama · 0.3 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 ≈ 22.2% 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 18%. 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
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
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-5.1%
- 3Y+11.3%
- 5Y+10.3%
- 10Yn/a
- SI+11.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-5.6%
- 3Y+2.9%
- 5Y+9.2%
- 10Yn/a
- Since inception
- +11.7%
- Calendar-day CAGR
- Excess 1Y
- +1.0%
- Category median, same plan and option
- 3Y win rate
- +28%
- Windows beating the median
- 3Y percentile
- 55
- Vs comparable share classes
- SIP 3Y XIRR
- +2.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +9.2%
- 592 daily-ending windows
- Median rolling 3Y
- +16.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 99 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -18.0%
- Worst peak-to-trough
- Current
- -8.1%
- Below last peak
- Current spell
- 88 days
- Days below latest peak
- Time below peak
- +89%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 16 days
- 59 recovered episodes
- Longest recovery
- 308 days
- Trough to prior peak
27 Sept 2024 – 2 Jan 2026
Trough 28 Feb 2025 · recovered in 308 days
-18.0%
18 Oct 2021 – 12 Sept 2022
Trough 17 Jun 2022 · recovered in 87 days
-16.8%
11 Feb 2026 – 3 Aug 2026
Trough 31 Mar 2026 · recovered in 125 days
-12.4%
3 Aug 2026 – open
Trough 8 Oct 2026 · not recovered
-11.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
55
Vs category
56
Consistency
47
Risk-adjusted
48
Drawdown
55
Mean
52
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 65% of rolling 1-year windows.
Portfolio
31 Aug 2026 · 51 holdings · top 10 are 22.2%.
- Top 5
- 11.4%
- Top 10
- 22.2%
- Largest holding
- 2.5%
- Effective holdings
- 49.6
Zomato Ltd
Technology
2.5%
Bajaj Auto Ltd
Consumer Discretionary
2.5%
Titan Company Ltd
Consumer Discretionary
2.3%
HCL Technologies Ltd
Technology
2.3%
Tata Consultancy Services Ltd
Technology
2.3%
What changed
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
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis BSE Sensex Index Fund
Axis Mutual Fund
- 1Y
- -10.9%
- 3Y
- n/a
- Vol
- 13.5%
- Max DD
- -16.0%
- Sharpe
- -0.22
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -4.2%
- 3Y
- n/a
- Vol
- 13.6%
- Max DD
- -11.4%
- Sharpe
- -0.34
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Axis Nifty Midcap 50 Index Fund
Axis Mutual Fund
- 1Y
- -2.9%
- 3Y
- +14.6%
- Vol
- 17.1%
- Max DD
- -20.3%
- Sharpe
- 0.64
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
JioBlackRock Nifty Midcap 150 Index Fund
Jio BlackRock Mutual Fund
- 1Y
- -4.6%
- 3Y
- n/a
- Vol
- 15.9%
- Max DD
- -14.0%
- Sharpe
- -0.38
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Lower trailing returns
Aditya Birla Sun Life Nifty Midcap 150 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -4.7%
- 3Y
- +13.5%
- Vol
- 16.7%
- Max DD
- -21.2%
- Sharpe
- 0.68
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER