HybridMulti Asset AllocationRegularIDCWHigh

Aditya Birla Sun Life Multi Asset Allocation Fund

Q: What is the NAV of Aditya Birla Sun Life Multi Asset Allocation Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life Multi Asset Allocation Fund is ₹13.79 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 Multi Asset Allocation Fund delivered?

Aditya Birla Sun Life Multi Asset Allocation Fund has returned +0.38% over 1 year, +7.55% per year over 3 years and +9.16% 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 Multi Asset Allocation Fund?

Aditya Birla Sun Life Multi Asset Allocation Fund charges an expense ratio of 1.78% 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 Multi Asset Allocation Fund?

Aditya Birla Sun Life Multi Asset Allocation Fund's largest holdings are Aditya Birla Sun Life Gold ETF (10.6%), ICICI Bank Ltd. (4.1%), Axis Bank Ltd. (2.9%), Aditya Birla Sun Life Silver ETF (2.5%) and Reliance Industries Ltd. (1.9%). Holdings are disclosed monthly and change over time.

Q: How risky is Aditya Birla Sun Life Multi Asset Allocation Fund?

Aditya Birla Sun Life Multi Asset Allocation Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.6% and its worst peak-to-trough fall in our sample was -16.6%. 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 0.09 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Multi Asset Allocation Fund's 0.09 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Aditya Birla Sun Life Multi Asset Allocation Fund?

Aditya Birla Sun Life Multi Asset Allocation Fund is benchmarked against the 65% BSE 200 + 25% CRISIL Short Term Bond Index + 5% of Domestic prices of Gold + 5% of Domestic prices of Silver. Its alpha and beta on this page are measured against that index.

Q: Who manages Aditya Birla Sun Life Multi Asset Allocation Fund?

Aditya Birla Sun Life Multi Asset Allocation Fund is managed by Dhaval Gala, Bhupesh Bameta and Sachin Wankhede at Aditya Birla Sun Life.

Q: How is Aditya Birla Sun Life Multi Asset Allocation Fund taxed?

Aditya Birla Sun Life Multi Asset Allocation 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 Multi Asset Allocation Mutual Funds

NAV

₹13.79

+0.25% 1D

as of 05 Oct 2026

This is the Regular plan of Aditya Birla Sun Life Multi Asset Allocation Fund — bought through a distributor, whose commission is paid out of 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 (+13.89% 3Y CAGR)

Performance

-0.38%absolute

52-week rangePrev NAV ₹13.75

Latest ₹13.79

Low ₹12.6744th percentile of its 52-week rangeHigh ₹15.20

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 Hybrid funds (same plan and option) to rank against yet.

Performance—

Not enough Multi Asset Allocation peers to rank yet

Risk—

Volatility 11.6% (no category average yet)

Cost—

1.8% expense (no category average yet)

ConsistencyHigh

100% 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 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.78%

Category —

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

24.03

Category —

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

0.09

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

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

None

For redemption / switch out upto 30% of units within 1 year from the date of allotment - Nil. For redemption / switch out of more than 30% of units within 1 year from the date of allotment – 1.00% of applicable NAV. For redemption/switch out after 1 year 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

₹500

65% BSE 200 + 25% CRISIL Short Term Bond Index + 5% of Domestic prices of Gold + 5% of Domestic prices of Silver

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 Feb 2023

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

Definitions

Absolute return over the last 1 month (not annualized)

-3.95%

Absolute return over the last 3 months (not annualized)

-3.15%

Absolute return over the last 6 months (not annualized)

+6.22%

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

-6.49%

Annualized returns (≥1Y — CAGR)

Definitions

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

+0.38%

3-year annualized return (CAGR)

+7.55%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

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.

+9.16%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

11.64%

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

0.09

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

0.11

Largest peak-to-trough decline over full history

-16.59%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

1.15%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

0.64

How much of the fund's movement Nifty 50 TRI explains

69.9%

Excess return per unit of beta (market risk)

1.69

Active return over the benchmark per unit of tracking error

0.18

Annualized std dev of fund-minus-benchmark returns

7.84%

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

68.8%

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

49.2%

Computed vs the Nifty 50 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 (Multi Asset Allocation)

Period	Fund	Category avg.	Diff
1M abs	-3.95%	—	—
3M abs	-3.15%	—	—
6M abs	+6.22%	—	—
1Y CAGR	+0.38%	—	—
3Y CAGR	+7.55%	—	—
5Y CAGR	—	—	—

Category average across peers in Multi Asset Allocation, 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

₹3.60L

Current value

₹3.77L

Absolute

+4.86%

XIRR

+3.28%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into Aditya Birla Sun Life Multi Asset Allocation 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 50 TRI	Diff
2026part	-6.49%	-12.85%	+6.36%
2025	+10.83%	+11.97%	-1.14%
2024	+11.44%	+10.16%	+1.28%
2023part	+19.46%	—	—

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

902

Expense ratio

1.78%

AUM

₹6,638Cr

Portfolio turnover

49%

Exit load

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

P/E ratio

24.0

P/B ratio

4.6

Avg market cap

₹3,35,154Cr

P/E & P/B are portfolio-weighted harmonic means across 60 of 77 equity holdings (57% 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 · Multi Asset Allocation

Compare all


Aditya Birla Sun Life Multi Asset Allocation FundThis fund Aditya Birla Sun Life · Regular · IDCW	—	+0.38%	+7.55%	—	—	1.78%	₹6,638Cr
Quant Multi Asset Allocation Fund quant · Regular · IDCW	—	+11.87%	+20.82%	+17.00%	—	2.29%	₹5,474Cr
Nippon India Multi Asset Allocation Fund Nippon India · Regular · IDCW	—	+0.73%	+14.52%	+12.18%	—	1.44%	₹15,069Cr
Kotak Multi Asset Allocation Fund Kotak Mahindra · Regular · IDCW	—	+2.53%	+13.26%	—	—	1.77%	₹13,629Cr
SBI Multi Asset Allocation Fund SBI · Regular · IDCW	—	+6.37%	+13.20%	+11.86%	—	1.41%	₹17,976Cr
SBI Multi Asset Allocation Fund SBI · Regular · IDCW	—	+6.37%	+13.19%	+11.85%	—	1.41%	₹17,976Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 94% of the equity sleeve priced.

Large cap59.9%
Mid cap27.2%
Small cap12.9%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity69.01%
Other13.16%
Debt11.07%
Cash & Equivalents4.99%
Real Estate / REITs1.76%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Aditya Birla Sun Life Aggressive Hybrid Fund Aditya Birla Sun Life · Aggressive Hybrid Fund	50.9% of 77% equity	★★☆☆☆	1.16%	+9.04%
Aditya Birla Sun Life Balanced Advantage Fund Aditya Birla Sun Life · Dynamic Asset Allocation or Balanced Advantage	48.0% of 77% equity	★★★★☆	0.89%	+11.09%
Aditya Birla Sun Life Large Cap Fund Aditya Birla Sun Life · Large Cap Fund	47.8%	★★★☆☆	1.04%	+8.50%
Aditya Birla Sun Life Retirement Fund-The 40s Aditya Birla Sun Life · Retirement Fund	47.6% of 79% equity	★★★☆☆	1.18%	+9.87%
Kotak Balanced Advantage Fund Kotak Mahindra · Dynamic Asset Allocation or Balanced Advantage	46.9% of 73% equity	★★★☆☆	0.83%	+8.94%
Bandhan Nifty 100 Index Fund Bandhan · Index Funds	45.5%	★★★★☆	0.18%	+7.65%
Nippon India ETF Nifty 100 Nippon India · Other ETFs	45.4%	—	0.51%	+7.29%
Axis Nifty 100 Index Fund Axis · Index Funds	45.4%	★★★★☆	0.26%	+7.57%

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)

2 holdings — 2.71% 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.

Sansera Engineering LimitedLong-term · Stage I1.50%
PB Fintech LimitedShort-term · Stage I1.20%

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.

-16.6%21 Jan 2026 → 23 Mar 2026
Still below that high — 2 months down, and no recovery yet.
-14.8%26 Sep 2024 → 07 Apr 2025
Fell over 6 months, back to the old high on 08 Oct 2025 — 6 months 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

₹6,638Cr

April - June 2026

+10%

since January - March 2026

+₹695.73Cr

est. net flow, last quarter

At or near its largest, ₹6,638Cr 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

DGDhaval GalaManaging since 31 Oct 2024

Education

PGDBM – Finance, BMS

Experience

He has an overall experience of around 19 years in financial markets. He has over 9 years of experience in doing investment research and analysis in Banking & Financial Services sector. He joined ABSLAMC in February 2011, since then he has been a part of the research team. Prior to joining ABSLAMC, he has worked with B&K Securities (January 2008 – February 2011) and J P Morgan Chase India Private Ltd (May 2005 – July 2006).

Funds managed (6)

All schemes Dhaval Gala runs →

BBBhupesh BametaManaging since 31 Jan 2023

Education

B.Tech (IIT Kanpur)

Experience

Mr. Bhupesh Bameta has experience of over December 17 years in the financial services industry. He 2023 joined ABSLAMC in December 2017 as an Analyst, Fixed Income. He has been working closely with other Fund Managers and team members in the investment team. Prior to joining ABSLAMC he was the Head Research in Forex and Rates Desk Edelweiss Securities Limited, covering global and Indian forex markets and economies. He was also associated with Quant Capital for 6 years as an Economist and was covering Indian and global economy and markets. Fund Management responsibility jointly with Mr. Mohit Sharma - - Mr. Harshil Suvarnkar Mr. Sanjay Godambe Mr. Dhaval Gala, Mr. Sachin Wankhede & Dhaval Joshi Mr. Mohit Sharma Mr. Sanjay Godambe Mr. Vighnesh Gupta Mr. Sanjay Godambe Gupta

Funds managed (9)

All schemes Bhupesh Bameta runs →

SWSachin WankhedeManaging since 31 Jan 2023

Education

would be the dedicated Fund Manager for managing investments in commodity

Experience

Mr. Sachin Wankhede has February 23, 2022 experience of over 22 years in credit analysis, evaluation, risk assessment and due diligence. He joined Aditya Birla Sun Life AMC Limited in 2016 and is responsible for Credit analysis of companies in Commodities, Road, Telecom, Real Estate and Retail sector, etc. He was previously associated with Aditya Birla Financial Services Group, L&T Infrastructure Finance Company, Credit Analysis and Research and Gammon Infrastructure Projects Ltd.

Funds managed (2)

All schemes Sachin Wankhede runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and 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 Gala Bhupesh Bameta Sachin Wankhede

Top holdings

ICICI Bank Ltd.Axis Bank Ltd.Reliance Industries Ltd.Bharti Airtel Ltd.Infosys Ltd.Meesho Ltd.Sedemac Mechatronics Ltd.Sansera Engineering Ltd.Bank of Maharashtra HDFC Bank Ltd.Eternal Ltd.Hindustan Unilever 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 Multi Asset Allocation funds

Multi asset funds spread money across at least three asset classes — typically equity, debt and gold — each at 10% or more. The mix aims to reduce the impact of any one asset having a bad year.

Frequently asked questions

What is the NAV of Aditya Birla Sun Life Multi Asset Allocation Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life Multi Asset Allocation Fund is ₹13.79 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 Multi Asset Allocation Fund delivered?

Aditya Birla Sun Life Multi Asset Allocation Fund has returned +0.38% over 1 year, +7.55% per year over 3 years and +9.16% 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 Multi Asset Allocation Fund?

Aditya Birla Sun Life Multi Asset Allocation Fund charges an expense ratio of 1.78% 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 Multi Asset Allocation Fund?

Aditya Birla Sun Life Multi Asset Allocation Fund's largest holdings are Aditya Birla Sun Life Gold ETF (10.6%), ICICI Bank Ltd. (4.1%), Axis Bank Ltd. (2.9%), Aditya Birla Sun Life Silver ETF (2.5%) and Reliance Industries Ltd. (1.9%). Holdings are disclosed monthly and change over time.

How risky is Aditya Birla Sun Life Multi Asset Allocation Fund?

Aditya Birla Sun Life Multi Asset Allocation Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.6% and its worst peak-to-trough fall in our sample was -16.6%. 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 0.09 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Multi Asset Allocation Fund's 0.09 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Aditya Birla Sun Life Multi Asset Allocation Fund?

Aditya Birla Sun Life Multi Asset Allocation Fund is benchmarked against the 65% BSE 200 + 25% CRISIL Short Term Bond Index + 5% of Domestic prices of Gold + 5% of Domestic prices of Silver. Its alpha and beta on this page are measured against that index.

Who manages Aditya Birla Sun Life Multi Asset Allocation Fund?

Aditya Birla Sun Life Multi Asset Allocation Fund is managed by Dhaval Gala, Bhupesh Bameta and Sachin Wankhede at Aditya Birla Sun Life.

How is Aditya Birla Sun Life Multi Asset Allocation Fund taxed?

Aditya Birla Sun Life Multi Asset Allocation 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.