HealthyDirect · GrowthFit for a long SIP
ADITYA BIRLA SUN LIFE OVERNIGHT FUND
Aditya Birla Sun Life Mutual FundDebt Scheme - Overnight Fund8 years
The scheme seeks to generate reasonable income through investments in debt securities, Money Market Instruments & CBLO/Tri-party Repo having maturity of 1 day.
- NAV
- 1,500.5022
- 29 Oct 2026
- 1Y
- +5.3%
- Trailing CAGR
- AUM
- ₹11,386.73 Cr
- 30 Sept 2026
- Volatility
- n/a
- History still thin
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 95% of rolling 3-year windows.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Watch if · Risk metrics are withheld because the NAV history contains an implausible daily move above 50%.
Buy checklist
History depth
Pass
8.0 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.05% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough 0.0%. Ask whether you can hold through a similar fall.
Vs category
Pass
95% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Kaustubh Gupta · 8.0 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
Watch
Top 10 holdings ≈ 100.0% 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+5.3%
- 3Y+6.0%
- 5Y+5.8%
- 10Yn/a
- SI+87.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.2%
- 3Y+5.7%
- 5Y+5.9%
- 10Yn/a
- Since inception
- +87.2%
- Calendar-day CAGR
- Excess 1Y
- -0.0%
- Category median, same plan and option
- 3Y win rate
- +95%
- Windows beating the median
- 3Y percentile
- 48
- Vs comparable share classes
- SIP 3Y XIRR
- +5.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.7%
- 1819 daily-ending windows
- Median rolling 3Y
- +5.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1089 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- 0.0%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- 0%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- n/a
- 0 recovered episodes
- Longest recovery
- n/a
- Trough to prior peak
No completed or open drawdown episodes in the current snapshots.
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
48
Vs category
50
Consistency
88
Risk-adjusted
n/a
Drawdown
100
Mean
71
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 95% of rolling 3-year windows.
- Peak-to-trough drawdown has stayed shallower than 15%.
Risk metrics are withheld because the NAV history contains an implausible daily move above 50%.
Portfolio
30 Sept 2026 · 5 holdings · top 10 are 100.0%.
- Top 5
- 100.4%
- Top 10
- 100.0%
- Largest holding
- 72.6%
- Effective holdings
- 1.7
Reverse Repo
Unspecified
72.6%
Repo
Unspecified
25.1%
Reserve Bank of India 91-D
Financial
0.9%
GOVERNMENT OF INDIA 37371 182 DAYS TBILL 15OT26 FV RS 100
Financial
0.9%
GOVERNMENT OF INDIA 37642 091 DAYS TBILL 08OT26 FV RS 100
Financial
0.8%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bajaj Finserv Overnight Fund
Bajaj Finserv Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.0%
- Vol
- 0.0%
- Max DD
- 0.0%
- Sharpe
- -45.45
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
BANK OF INDIA OVERNIGHT FUND
Bank of India Mutual Fund
- 1Y
- +5.5%
- 3Y
- +6.2%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -32.69
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
DSP Overnight Fund
DSP Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.0%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -16.62
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
LIC MF Overnight Fund
LIC Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.0%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -41.49
- 3Y win
- +98%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Nippon India Overnight Fund
Nippon India Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.0%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -27.50
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER