MonitorDirect · GrowthWatch before adding
Aditya Birla Sun Life Short Term Fund
Aditya Birla Sun Life Mutual FundDebt Scheme - Short Duration Fund13.8 years
The scheme seeks to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.
- NAV
- 55.1721
- 29 Oct 2026
- 1Y
- +4.6%
- Trailing CAGR
- AUM
- ₹5,966.14 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.6% 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 91% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer ICICI Prudential Short Term Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.36% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -2.7%. Ask whether you can hold through a similar fall.
Vs category
Pass
91% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Mohit Sharma · 6.2 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 ≈ 44.3% 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+4.6%
- 3Y+7.4%
- 5Y+6.8%
- 10Y+7.4%
- SI+8.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.2%
- 3Y+6.4%
- 5Y+6.9%
- 10Y+7.2%
- Since inception
- +8.4%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +91%
- Windows beating the median
- 3Y percentile
- 75
- Vs comparable share classes
- SIP 3Y XIRR
- +6.4%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.5%
- 2620 daily-ending windows
- Median rolling 3Y
- +8.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2137 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -2.7%
- Worst peak-to-trough
- Current
- -0.3%
- Below last peak
- Current spell
- 50 days
- Days below latest peak
- Time below peak
- +42%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 344 recovered episodes
- Longest recovery
- 63 days
- Trough to prior peak
6 Mar 2020 – 17 Apr 2020
Trough 26 Mar 2020 · recovered in 22 days
-2.7%
15 Jul 2013 – 11 Sept 2013
Trough 19 Aug 2013 · recovered in 23 days
-1.7%
23 Apr 2020 – 21 May 2020
Trough 28 Apr 2020 · recovered in 23 days
-1.7%
7 Feb 2017 – 13 Apr 2017
Trough 9 Feb 2017 · recovered in 63 days
-1.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
75
Vs category
51
Consistency
87
Risk-adjusted
100
Drawdown
93
Mean
81
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
- AUM fell by 30% or more versus the prior observation.
Supporting reads
- The fund beat the category median in 91% 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 · 85 holdings · top 10 are 44.3%.
- Top 5
- 27.5%
- Top 10
- 44.3%
- Largest holding
- 7.4%
- Effective holdings
- 33.7
Repo
Unspecified
7.4%
BHARTI TELECOM LIMITED SR XXV 7.35 NCD 15OT27 FVRS1LAC
Technology
6.1%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC
Financial
5.0%
REC Limited (19/03/2027)
Financial
4.9%
HDFC Bank Ltd (15-Jan-2027)
Financial
4.1%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential Short Term Fund
ICICI Prudential Mutual Fund
- 1Y
- +4.9%
- 3Y
- +7.4%
- Vol
- 1.6%
- Max DD
- -3.4%
- Sharpe
- 1.50
- 3Y win
- +95%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
TRUSTMF Short Duration Fund
Trust Mutual Fund
- 1Y
- +4.5%
- 3Y
- +7.0%
- Vol
- 0.9%
- Max DD
- -1.1%
- Sharpe
- 0.28
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
JM Short Term Fund..
JM Financial Mutual Fund
- 1Y
- +4.3%
- 3Y
- +7.0%
- Vol
- 0.9%
- Max DD
- -0.5%
- Sharpe
- 0.98
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Franklin India Short-Term Income Plan (no. of segregated portfolios- 3)
Franklin Templeton Mutual Fund
- 1Y
- +192.3%
- 3Y
- +47.3%
- Vol
- n/a
- Max DD
- -17.3%
- Sharpe
- n/a
- 3Y win
- n/a
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
DSP Short Term Fund
DSP Mutual Fund
- 1Y
- +4.0%
- 3Y
- +7.0%
- Vol
- 1.4%
- Max DD
- -2.8%
- Sharpe
- 1.27
- 3Y win
- +2%
- Lower volatility
Caveat: Deeper drawdown · Higher TER · Lower trailing returns