EquityFlexi Cap FundDirectIDCWVery High

Aditya Birla Sun Life Flexi Cap Fund

Q: What is the NAV of Aditya Birla Sun Life Flexi Cap Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life Flexi Cap Fund is ₹229.30 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Aditya Birla Sun Life Flexi Cap Fund delivered?

Aditya Birla Sun Life Flexi Cap Fund has returned -1.24% over 1 year, +6.52% per year over 3 years, +3.52% per year over 5 years and +9.34% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Aditya Birla Sun Life Flexi Cap Fund?

Aditya Birla Sun Life Flexi Cap Fund charges an expense ratio of 0.89% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Aditya Birla Sun Life Flexi Cap Fund?

Aditya Birla Sun Life Flexi Cap Fund's largest holdings are ICICI Bank Ltd. (5.9%), HDFC Bank Ltd. (3.4%), Kotak Mahindra Bank Ltd. (3.4%), Reliance Industries Ltd. (2.5%) and State Bank of India (2.2%). Holdings are disclosed monthly and change over time.

Q: How risky is Aditya Birla Sun Life Flexi Cap Fund?

Aditya Birla Sun Life Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.8% and its worst peak-to-trough fall in our sample was -45.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.00 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Flexi Cap Fund's 0.00 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Aditya Birla Sun Life Flexi Cap Fund?

Aditya Birla Sun Life Flexi Cap Fund is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Aditya Birla Sun Life Flexi Cap Fund?

Aditya Birla Sun Life Flexi Cap Fund is managed by Dhaval Joshi and Harish Krishnan at Aditya Birla Sun Life.

Q: How is Aditya Birla Sun Life Flexi Cap Fund taxed?

Aditya Birla Sun Life Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Aditya Birla Sun Life Mutual Fund · Best Flexi Cap Mutual Funds

NAV

₹229.30

+0.17% 1D

as of 05 Oct 2026

This is the Direct plan of Aditya Birla Sun Life Flexi Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

Compare SIP calculator

This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+14.06% 3Y CAGR)

Performance

-2.02%absolute

52-week rangePrev NAV ₹228.90

Latest ₹229.30

Low ₹203.0162nd percentile of its 52-week rangeHigh ₹245.09

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.

Performance—

Not enough Flexi Cap Fund peers to rank yet

Risk—

Volatility 14.8% (no category average yet)

Cost—

0.9% expense (no category average yet)

ConsistencyHigh

92% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 92% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.89%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

25.85

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.00

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

For redemption /switch-out of units on or before 90 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: Nil.

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

Nifty 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

02 Jan 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.87%

Absolute return over the last 3 months (not annualized)

-1.97%

Absolute return over the last 6 months (not annualized)

+11.14%

Absolute return since 1 Jan of this year (not annualized)

-0.83%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-1.24%

3-year annualized return (CAGR)

+6.52%

5-year annualized return (CAGR)

+3.52%

10-year annualized return (CAGR)

+6.69%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+9.34%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

14.76%

Excess return per unit of total volatility (rf = 6.5%)

0.00

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.00

Largest peak-to-trough decline over full history

-45.83%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-2.61%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.89

How much of the fund's movement Nifty 500 TRI explains

78.7%

Excess return per unit of beta (market risk)

-0.11

Active return over the benchmark per unit of tracking error

-0.44

Annualized std dev of fund-minus-benchmark returns

7.51%

Fund's share of benchmark gains in up months (100 = matches index)

79.1%

Fund's share of benchmark losses in down months (lower is better)

86.7%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Flexi Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-4.87%	—	—
3M abs	-1.97%	—	—
6M abs	+11.14%	—	—
1Y CAGR	-1.24%	—	—
3Y CAGR	+6.52%	—	—
5Y CAGR	+3.52%	—	—

Category average across peers in Flexi Cap Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.91L

Absolute

+15.14%

XIRR

+5.76%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Aditya Birla Sun Life Flexi Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-0.83%	-7.18%	+6.35%
2025	+5.31%	+7.94%	-2.63%
2024	+11.33%	+16.43%	-5.10%
2023	+18.16%	+27.43%	-9.27%
2022	-6.16%	+4.34%	-10.50%
2021	+23.79%	+31.59%	-7.80%
2020	+17.12%	+18.33%	-1.21%
2019	+1.89%	+8.95%	-7.06%
2018	-10.63%	-2.33%	-8.30%
2017	+22.88%	+37.35%	-14.47%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

3,384

Expense ratio

0.89%

AUM

₹25,788Cr

Portfolio turnover

19%

Exit load

For redemption /switch-out of units on or before 90 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: Nil.

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

25.9

P/B ratio

4.9

Avg market cap

₹3,06,290Cr

P/E & P/B are portfolio-weighted harmonic means across 69 of 82 equity holdings (89% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Flexi Cap Fund

Compare all


Aditya Birla Sun Life Flexi Cap FundThis fund Aditya Birla Sun Life · Direct · IDCW	—	-1.24%	+6.52%	+3.52%	—	0.89%	₹25,788Cr
Bank of India Flexi Cap Fund Bank of India · Direct · IDCW	—	+9.07%	+18.69%	+15.98%	—	0.88%	₹2,414Cr
ITI Flexi Cap Fund ITI · Direct · IDCW	—	+7.47%	+16.91%	—	—	0.88%	₹1,304Cr
360 ONE Flexicap Fund 360 One · Direct · IDCW	—	+8.17%	+16.88%	—	—	0.92%	₹2,018Cr
Bajaj Finserv Flexi Cap Fund Bajaj Finserv · Direct · IDCW	—	+3.32%	+15.61%	—	—	1.00%	₹7,090Cr
Quant Flexi Cap Fund quant · Direct · IDCW	—	+8.34%	+14.87%	+13.43%	—	1.07%	₹6,713Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap54.1%
Mid cap31.8%
Small cap14.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity98.45%
Cash & Equivalents1.55%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Aditya Birla Sun Life Balanced Advantage Fund Aditya Birla Sun Life · Dynamic Asset Allocation or Balanced Advantage	61.1% of 77% equity	★★★★☆	0.89%	+11.09%
Aditya Birla Sun Life Large Cap Fund Aditya Birla Sun Life · Large Cap Fund	59.6%!	★★★☆☆	1.04%	+8.50%
Aditya Birla Sun Life Aggressive Hybrid Fund Aditya Birla Sun Life · Aggressive Hybrid Fund	55.1% of 77% equity	★★☆☆☆	1.16%	+9.04%
Aditya Birla Sun Life Multi Asset Allocation Fund Aditya Birla Sun Life · Multi Asset Allocation	45.0% of 69% equity	★★★★☆	0.67%	+15.40%
Groww Aggressive Hybrid Fund Groww · Aggressive Hybrid Fund	44.0% of 72% equity	★★☆☆☆	2.10%	+8.12%
ICICI Prudential Balanced Advantage Fund ICICI Prudential · Dynamic Asset Allocation or Balanced Advantage	43.9% of 70% equity	★★★★★	1.03%	+10.31%
Groww ELSS Tax Saver Fund Groww · ELSS	43.9%!	★☆☆☆☆	1.52%	+7.98%
Aditya Birla Sun Life ELSS Tax Saver Fund Aditya Birla Sun Life · ELSS	43.2%!	★★☆☆☆	1.09%	+9.76%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

3 holdings — 2.20% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Welspun Corp LimitedLong-term · Stage I1.36%
Milky Mist Dairy Food LimitedLong-term · Stage IV0.44%
Whirlpool of India LimitedShort-term · Stage I0.40%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-45.8%01 Nov 2017 → 23 Mar 2020
Fell over 2.4 years, back to the old high on 04 Jan 2021 — 9 months under water after the low.
-26.3%03 Mar 2015 → 25 Feb 2016
Fell over 12 months, back to the old high on 18 Aug 2016 — 6 months under water after the low.
-24.7%18 Oct 2021 → 20 Jun 2022
Fell over 8 months, back to the old high on 04 Jan 2024 — 1.5 years under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹25,788Cr

April - June 2026

+5%

since January - March 2026

+₹1,625Cr

est. net flow, last quarter

At or near its largest, ₹25,788Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Aditya Birla Sun Life Mutual Fund is run by Aditya Birla Sun Life AMC, a joint venture between the Aditya Birla Group and Sun Life Financial of Canada. In business since 1994 and listed on the exchanges since 2021, it is among India's larger houses across equity, debt and hybrid.

Launched

22 Dec 1994

Total AUM

₹4,41,787Cr+3.3% QoQ

Avg AUM · July - September 2026

Website

mutualfund.adityabirlacapital.com

Fund Managers

DJDhaval JoshiStart date not disclosed

Education

MBA (Finance), M.Com

Experience

He has an over 17 years of November 21, experience in equity research and investments. Prior to joining Aditya Birla Sun Life AMC Limited, he was associated with Sundaram Mutual Fund (India) Ltd. for around 5 years. He has also worked as a research analyst with Emkay Global Financial Services and Asit C Mehta Investment Intermediates Ltd. Fund Management Responsibilities jointly with Mr. Vinod Bhat Mr. Chanchal Khandelwal and Mr. Harshil Suvarnkar Mr. Dhaval Gala Mr. Harish Krishnan and Mr. Dhaval Gala Mr. Kunal Sangoi Mr. Dhaval Gala Mr. Mohit Sharma, Mr. Bhupesh Bameta Mr. Vishal Gajwani Mr. Chanchal Khandelwal, Mr. Harshil Suvarnkar Mr. Chanchal Khandelwal Mr. Vinod Bhat Mr. Chanchal Khandelwal Mr. Kunal Sangoi Mr. Mahesh Patil - - Mr. Chanchal Khandelwal Mr. Abhinav Khandelwal - Mr. Vishal Gajwani Mr. Mahesh Patil Mr. Abhinav Khandelwal and Mr. Harshil Suvarnkar - Mr. Dhaval Shah Mr. Dhaval Gala Mr. Kunal Sangoi Mr. Jonas Bhutta Mr. Chanchal Khandelwal and Mr. Harshil Suvarnkar Mr. Dhaval Gala Mr. Dhaval Shah Mr. Vinod Bhat Mr. Dhaval Gala, Sachin Wankhede Mr. Dhaval Gala Mr. Harish Krishnan

Funds managed (29)

All schemes Dhaval Joshi runs →

HKHarish KrishnanManaging since 03 Nov 2023

Education

PGDBM from IIM, CFA

Experience

He has an experience of over 21 years November 01, in Asset Management industry both 2024 domestically and internationally. Prior to joining Aditya Birla Sun Life AMC Limited (“ABSLAMC”), he was associated with Kotak Mutual Fund for more than 10 years as Senior Fund Manager - Equity. He has also worked at Kotak Mahindra (UK) Limited where he managed offshore funds based out of Singapore and Dubai. Fund Management Responsibilities jointly with Mr. Dhaval Gala and Mr. Dhaval Joshi Mr. Kunal Sangoi

Funds managed (6)

All schemes Harish Krishnan runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Dhaval Joshi Harish Krishnan

Top holdings

ICICI Bank Ltd.HDFC Bank Ltd.Kotak Mahindra Bank Ltd.Reliance Industries Ltd.State Bank of India Infosys Ltd.Ather Energy Ltd.Bharat Forge Ltd.Sona Blw Precision Forgings Ltd.HCL Technologies Ltd.Bharti Airtel Ltd.United Spirits Ltd.

Aditya Birla Sun Life in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Flexi Cap funds

Flexi cap funds invest across large, mid and small-cap stocks with no fixed allocation, letting the manager shift with the market cycle. That flexibility can help manage risk and chase growth wherever it is.

Frequently asked questions

What is the NAV of Aditya Birla Sun Life Flexi Cap Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life Flexi Cap Fund is ₹229.30 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Aditya Birla Sun Life Flexi Cap Fund delivered?

Aditya Birla Sun Life Flexi Cap Fund has returned -1.24% over 1 year, +6.52% per year over 3 years, +3.52% per year over 5 years and +9.34% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Aditya Birla Sun Life Flexi Cap Fund?

Aditya Birla Sun Life Flexi Cap Fund charges an expense ratio of 0.89% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Aditya Birla Sun Life Flexi Cap Fund?

Aditya Birla Sun Life Flexi Cap Fund's largest holdings are ICICI Bank Ltd. (5.9%), HDFC Bank Ltd. (3.4%), Kotak Mahindra Bank Ltd. (3.4%), Reliance Industries Ltd. (2.5%) and State Bank of India (2.2%). Holdings are disclosed monthly and change over time.

How risky is Aditya Birla Sun Life Flexi Cap Fund?

Aditya Birla Sun Life Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.8% and its worst peak-to-trough fall in our sample was -45.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.00 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Flexi Cap Fund's 0.00 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Aditya Birla Sun Life Flexi Cap Fund?

Aditya Birla Sun Life Flexi Cap Fund is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages Aditya Birla Sun Life Flexi Cap Fund?

Aditya Birla Sun Life Flexi Cap Fund is managed by Dhaval Joshi and Harish Krishnan at Aditya Birla Sun Life.

How is Aditya Birla Sun Life Flexi Cap Fund taxed?

Aditya Birla Sun Life Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.