ReviewDirect · GrowthPrefer peers first
Aditya Birla Sun Life Small Cap Fund
Aditya Birla Sun Life Mutual FundEquity Scheme - Small Cap Fund13.8 years
The Scheme seeks to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities of Small cap companies.
- NAV
- 107.6267
- 30 Oct 2026
- 1Y
- +8.1%
- Trailing CAGR
- AUM
- ₹6,119.62 Cr
- 30 Sept 2026
- Volatility
- High
- 17.2% 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
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Maximum drawdown exceeded 35%.
Prefer peers if · Prefer BANDHAN Small Cap 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
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
1.07% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -57.4%. Ask whether you can hold through a similar fall.
Vs category
Fail
18% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Abhinav Khandelwal · 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 ≈ 27.8% 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 57%. 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
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
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+8.1%
- 3Y+14.0%
- 5Y+12.3%
- 10Y+12.5%
- SI+16.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+12.6%
- 3Y+9.5%
- 5Y+14.2%
- 10Y+15.0%
- Since inception
- +16.3%
- Calendar-day CAGR
- Excess 1Y
- +5.2%
- Category median, same plan and option
- 3Y win rate
- +18%
- Windows beating the median
- 3Y percentile
- 44
- Vs comparable share classes
- SIP 3Y XIRR
- +9.5%
- Simulated monthly SIP
- Worst rolling 3Y
- -16.6%
- 2650 daily-ending windows
- Median rolling 3Y
- +19.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +98%
- 2157 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -57.4%
- Worst peak-to-trough
- Current
- -8.5%
- Below last peak
- Current spell
- 52 days
- Days below latest peak
- Time below peak
- +88%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 17 days
- 137 recovered episodes
- Longest recovery
- 469 days
- Trough to prior peak
15 Jan 2018 – 8 Apr 2021
Trough 24 Mar 2020 · recovered in 380 days
-57.4%
16 Oct 2024 – 15 Jun 2026
Trough 3 Mar 2025 · recovered in 469 days
-26.2%
18 Oct 2021 – 7 Jun 2023
Trough 20 Jun 2022 · recovered in 352 days
-25.0%
9 Jan 2013 – 20 Dec 2013
Trough 28 Aug 2013 · recovered in 114 days
-20.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
44
Vs category
82
Consistency
25
Risk-adjusted
57
Drawdown
0
Mean
42
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 86 holdings · top 10 are 27.8%.
- Top 5
- 16.5%
- Top 10
- 27.8%
- Largest holding
- 4.5%
- Effective holdings
- 58.2
Repo
Unspecified
4.5%
TD Power Systems Ltd
Industrials
3.4%
Sai Life Sciences Ltd.
Healthcare
3.1%
Navin Fluorine International Ltd
Materials
2.8%
Multi Commodity Exchange Of India Ltd
Financial
2.7%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BANDHAN Small Cap Fund
Bandhan Mutual Fund
- 1Y
- +1.2%
- 3Y
- +21.6%
- Vol
- 17.2%
- Max DD
- -24.3%
- Sharpe
- 1.22
- 3Y win
- +76%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
DSP Small Cap Fund
DSP Mutual Fund
- 1Y
- +9.5%
- 3Y
- +15.7%
- Vol
- 16.5%
- Max DD
- -49.1%
- Sharpe
- 0.89
- 3Y win
- +30%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Union Small Cap Fund
Union Mutual Fund
- 1Y
- +11.8%
- 3Y
- +14.6%
- Vol
- 17.1%
- Max DD
- -44.7%
- Sharpe
- 0.62
- 3Y win
- +39%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Bajaj Finserv Small Cap Fund
Bajaj Finserv Mutual Fund
- 1Y
- +7.8%
- 3Y
- n/a
- Vol
- 16.2%
- Max DD
- -16.2%
- Sharpe
- 0.04
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
BANK OF INDIA SMALL CAP FUND
Bank of India Mutual Fund
- 1Y
- +16.7%
- 3Y
- +18.6%
- Vol
- 18.1%
- Max DD
- -32.4%
- Sharpe
- 1.08
- 3Y win
- +84%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility