Aditya Birla Sun Life Consumption Fund
Direct · GrowthAI Summary
Aditya Birla Sun Life Consumption Fund has delivered long-term SIP XIRR of 16.76% over 10 years and 16.63% over 7 years, ahead of the NIFTY 50 lump-sum CAGR of 10.33% and 9.98% respectively. Against category peers, its 10-year XIRR of 16.76% beats the category average of 16.43%, though the 1-year XIRR of 7.82% trails the category's 10.55%. Long-term alpha versus NIFTY 50 remains consistently positive, reaching 5.37% over 12 years, but the recent 1-year period shows negative alpha of -1.71%.
The fund exhibits a beta below 1 (around 0.84-0.86 across long windows) with downside capture of roughly 79-81% against upside capture of 84-87%, indicating it falls less than the market in downturns while slightly lagging in rallies. Nine drawdown events exceeding 10% reflect meaningful equity risk, though the Calmar ratios remain stable around 0.49-0.53 across time horizons. The most recent year (2026: -10.27%) shows consumption-themed equities are currently under cyclical pressure.
The portfolio holds 66 stocks with the top 10 accounting for roughly 37.8% of NAV, led by Eternal (5.69%), Bharti Airtel (5.32%), and Mahindra & Mahindra (4.28%). Retailing is the largest sector at 20.3%, followed by Automobiles at 11.8% and Consumer Durables at 10.1%, so the fund is meaningfully concentrated in domestic consumption plays. The inclusion of Telecom, Banks, and FMCG adds some breadth, but the thematic mandate keeps the portfolio tilted to a single macro theme.
Over longer horizons the fund sits at or slightly above the category average, with 10-year XIRR of 16.76% versus 16.43% and 7-year XIRR of 16.63% versus 16.59%. Short-term weakness is apparent, with the 1-year XIRR of 7.82% lagging the category average of 10.55%. The 15-year alpha of 4.92% versus NIFTY 50 underscores a durable long-term outperformance record despite recent softness.
This fund suits investors with a high risk tolerance and a horizon of at least 5-7 years, given that thematic funds can underperform for extended cycles, as the current 1-year -10.27% calendar return illustrates. It should be a satellite allocation rather than a core holding, ideally through SIPs to average across consumption cycle swings. Investors uncomfortable with sector concentration of over 20% in a single theme like retailing should look elsewhere or size the position modestly.
- Consistent long-term alpha versus NIFTY 50, including 5.37% over 12 years and 4.92% over 15 years
- Lower downside capture of about 79-81% than upside capture of 84-87%, cushioning falls relative to the market
- 10-year SIP XIRR of 16.76% ahead of the category average of 16.43%, with a diversified 66-stock portfolio and a reasonable 0.83% expense ratio
- Recent underperformance: 1-year XIRR of 7.82% trails the category average of 10.55%, with negative alpha of -1.71% versus NIFTY 50
- High sector concentration, with Retailing alone at 20.3% and the top 5 sectors exceeding 58% of NAV, exposing investors to consumption-cycle risk
Generated on 03-11-2026, 4:38 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.83 L | 19.0% | -49.0% | 83.2% |
| 3 Years | ₹36.00 L | ₹46.25 L | 16.8% | -14.7% | 35.9% |
| 5 Years | ₹60.00 L | ₹91.13 L | 16.5% | -2.3% | 28.7% |
| 7 Years | ₹84.00 L | ₹1.53 Cr | 16.6% | 4.8% | 24.2% |
| 10 Years | ₹1.20 Cr | ₹2.92 Cr | 16.8% | 11.6% | 21.1% |
| 12 Years | ₹1.44 Cr | ₹4.15 Cr | 16.1% | 12.4% | 19.1% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 19.0% | 14.3% | 10.6% | +4.7% |
| 3 Years | 16.8% | 11.0% | 16.2% | +5.7% |
| 5 Years | 16.5% | 10.4% | 17.4% | +6.2% |
| 7 Years | 16.6% | 10.6% | 16.6% | +6.1% |
| 10 Years | 16.8% | 11.4% | 16.4% | +5.3% |
| 12 Years | 16.1% | 11.3% | 15.8% | +4.7% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 18.4% | 14.8% | -22.5% | 81.3% | 0.65 | 2.55 | 87% | — | — |
| 3 Years | 17.5% | 17.4% | -1.1% | 32.0% | 1.91 | 17.04 | 100% | — | — |
| 5 Years | 17.1% | 17.3% | 4.2% | 27.1% | 2.53 | 123.29 | 100% | — | — |
| 10 Years | 17.2% | 17.1% | 12.5% | 20.4% | 5.64 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -1.71 | 0.94 | 86.9% | 89.2% | -11.6% | -10.9% |
| 3 Years | +1.54 | 0.84 | 84.1% | 80.9% | 8.0% | 6.4% |
| 5 Years | +2.53 | 0.85 | 84.6% | 80.1% | 7.9% | 5.2% |
| 7 Years | +3.56 | 0.84 | 84.0% | 79.2% | 13.0% | 10.0% |
| 10 Years | +3.09 | 0.86 | 85.9% | 81.3% | 12.9% | 10.3% |
| 12 Years | +5.37 | 0.85 | 86.9% | 79.9% | 14.0% | 9.0% |
| 15 Years | +4.92 | 0.84 | 86.1% | 79.1% | 13.8% | 9.4% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Eternal Ltd. | 7.35% |
| 2 | Bharti Airtel Ltd. | 5.30% |
| 3 | Mahindra & Mahindra Ltd. | 4.39% |
| 4 | TVS Motor Company Ltd. | 3.87% |
| 5 | ICICI Bank Ltd. | 3.62% |
| 6 | Maruti Suzuki India Ltd. | 3.20% |
| 7 | ITC Ltd. | 3.04% |
| 8 | Titan Company Ltd. | 2.90% |
| 9 | Trent Ltd. | 2.85% |
| 10 | Hindustan Unilever Ltd. | 2.83% |