MonitorDirect · GrowthWatch before adding
Aditya Birla Sun Life Retirement Fund-The 40s Plan
Aditya Birla Sun Life Mutual FundSolution Oriented Scheme - Retirement Fund7.6 years
- NAV
- 20.694
- 29 Oct 2026
- 1Y
- -4.2%
- Trailing CAGR
- AUM
- ₹115.52 Cr
- 31 Aug 2026
- Volatility
- Medium
- 12.1% 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
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 57% of rolling 1-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer BANDHAN RETIREMENT FUND if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
7.6 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.18% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -27.3%. Ask whether you can hold through a similar fall.
Vs category
Watch
43% 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 ≈ 42.0% 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.
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-4.2%
- 3Y+10.7%
- 5Y+8.5%
- 10Yn/a
- SI+10.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-2.9%
- 3Y+4.2%
- 5Y+8.6%
- 10Yn/a
- Since inception
- +10.0%
- Calendar-day CAGR
- Excess 1Y
- -2.3%
- Category median, same plan and option
- 3Y win rate
- +43%
- Windows beating the median
- 3Y percentile
- 68
- Vs comparable share classes
- SIP 3Y XIRR
- +4.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.7%
- 1141 daily-ending windows
- Median rolling 3Y
- +12.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 650 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -27.3%
- Worst peak-to-trough
- Current
- -6.0%
- Below last peak
- Current spell
- 65 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 14 days
- 90 recovered episodes
- Longest recovery
- 167 days
- Trough to prior peak
13 Feb 2020 – 26 Aug 2020
Trough 23 Mar 2020 · recovered in 156 days
-27.3%
15 Nov 2021 – 1 Dec 2022
Trough 17 Jun 2022 · recovered in 167 days
-14.6%
27 Sept 2024 – 5 Jun 2025
Trough 28 Feb 2025 · recovered in 97 days
-11.1%
29 Oct 2025 – 31 Jul 2026
Trough 30 Mar 2026 · recovered in 123 days
-10.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
68
Vs category
36
Consistency
50
Risk-adjusted
44
Drawdown
32
Mean
46
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 57% of rolling 1-year windows.
- Three-year return is above the category median.
Portfolio
31 Aug 2026 · 64 holdings · top 10 are 42.0%.
- Top 5
- 27.7%
- Top 10
- 42.0%
- Largest holding
- 8.0%
- Effective holdings
- 34.1
Repo
Unspecified
8.0%
ICICI Bank Ltd
Financial
6.6%
GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100
Entities
6.3%
HDFC Bank Ltd
Financial
3.9%
Infosys Ltd
Technology
3.2%
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.
BANDHAN RETIREMENT FUND
Bandhan Mutual Fund
- 1Y
- -4.2%
- 3Y
- +9.0%
- Vol
- 8.4%
- Max DD
- -9.8%
- Sharpe
- 0.30
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
SBI Retirement Benefit Fund - Aggressive Hybrid Plan
SBI Mutual Fund
- 1Y
- -2.8%
- 3Y
- +8.9%
- Vol
- 10.8%
- Max DD
- -14.5%
- Sharpe
- 0.63
- 3Y win
- +92%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Union Retirement Fund
Union Mutual Fund
- 1Y
- -1.9%
- 3Y
- +12.4%
- Vol
- 13.2%
- Max DD
- -17.8%
- Sharpe
- 0.65
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
ICICI Prudential Retirement Fund Pure Equity Plan
ICICI Prudential Mutual Fund
- 1Y
- -2.3%
- 3Y
- +19.3%
- Vol
- 17.4%
- Max DD
- -37.2%
- Sharpe
- 0.75
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
SBI Retirement Benefit Fund - Aggressive Plan
SBI Mutual Fund
- 1Y
- -5.3%
- 3Y
- +8.3%
- Vol
- 13.0%
- Max DD
- -17.9%
- Sharpe
- 0.59
- 3Y win
- +79%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Lower trailing returns