Aditya Birla Sun Life ESG Integration Strategy Fund
Direct · GrowthAI Summary
The fund has delivered consistent alpha over the NIFTY 50 across all periods, with a 3Y fund CAGR of 13.29% versus the benchmark's 7.75% and alpha of 5.61%. However, its SIP XIRR trails the category average across horizons — 14.96% vs 16.82% over 3Y and 11.09% vs 16.95% over 5Y. The 1Y XIRR of 12.07% also lags the category's 14.1%, indicating underperformance versus thematic peers despite benchmark outperformance.
The fund shows favorable downside behavior with downside capture consistently below 100% (93.92% at 1Y, 91.95% at 15Y) and beta below 1 across most periods, meaning it falls less than the benchmark. The maximum drawdown of -26.21% took 532 days to recover, with 3 drawdown events exceeding 10%, reflecting meaningful equity risk. Calmar ratios of 0.45-0.54 across 1Y, 3Y, and 5Y indicate moderate risk-adjusted returns.
The portfolio is heavily weighted toward financials, with Banks alone at 29.7% and Finance adding 6.7%, led by ICICI Bank (9.02%) and HDFC Bank (4.77%). With 53 holdings, diversification is reasonable at the stock level, but the top 10 holdings account for roughly 39% of NAV. Sector concentration in Banks makes performance sensitive to the financial sector cycle, which is notable for an ESG-themed fund.
Against category peers, the fund underperforms on SIP XIRR at every measured horizon, trailing the 5Y category average by nearly 6 percentage points (11.09% vs 16.95%). Its lump-sum record is stronger, with positive alpha over the NIFTY 50 in all periods from 1Y through 15Y. Calendar year returns show volatility typical of thematic funds, ranging from -13.24% in 2022 to 39.62% in 2021.
This fund suits investors who want ESG-focused exposure with a large-cap-tilted, benchmark-beating core, but it should be a satellite holding rather than a core portfolio fund given its thematic mandate. A horizon of at least 5 years is advisable, considering the 532-day recovery from maximum drawdown and multi-year return variability. Investors should have moderate-to-high risk tolerance and accept that SIP returns have lagged category peers.
- Consistent positive alpha over NIFTY 50 across all periods, including 5.61% over 3Y and 7.62% over 1Y
- Downside capture below 94% in all periods, cushioning losses during market declines
- Diversified 53-stock portfolio with quality large-cap leaders like ICICI Bank and HDFC Bank
- SIP XIRR trails the category average at every horizon, with a 5Y gap of 5.86 percentage points (11.09% vs 16.95%)
- Heavy sector concentration in Banks at 29.7% of NAV creates financial-sector cyclicality risk
- Long recovery time from maximum drawdown (532 days) and a weak 2026 start at -1.2%
Generated on 11-09-2026, 3:20 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 | ₹12.50 L | 12.1% | -34.7% | 62.0% |
| 3 Years | ₹36.00 L | ₹44.37 L | 15.0% | 2.0% | 28.4% |
| 5 Years | ₹60.00 L | ₹77.63 L | 11.1% | 6.6% | 14.6% |
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 | 12.1% | 14.4% | 14.1% | -2.4% |
| 3 Years | 15.0% | 11.1% | 16.8% | +3.8% |
| 5 Years | 11.1% | 10.4% | 16.9% | +0.7% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 11.9% | 9.9% | -16.0% | 43.5% | 0.37 | 0.82 | 77% | — | — |
| 3 Years | 14.1% | 14.2% | 7.5% | 20.9% | 2.96 | — | 100% | — | — |
| 5 Years | 11.8% | 11.6% | 9.7% | 14.8% | 3.64 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +7.62 | 1.02 | 104.6% | 93.9% | 4.6% | -2.9% |
| 3 Years | +5.61 | 0.94 | 99.7% | 92.4% | 13.3% | 7.8% |
| 5 Years | +1.90 | 0.96 | 96.3% | 93.3% | 9.7% | 7.8% |
| 7 Years | +2.08 | 0.94 | 95.6% | 92.0% | 10.1% | 8.1% |
| 10 Years | +1.30 | 0.94 | 95.6% | 92.0% | 7.0% | 5.6% |
| 12 Years | +1.00 | 0.94 | 95.6% | 92.0% | 5.8% | 4.7% |
| 15 Years | +0.71 | 0.94 | 95.6% | 92.0% | 4.6% | 3.7% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | ICICI Bank Limited | 9.02% |
| 2 | HDFC Bank Limited | 4.77% |
| 3 | Bharti Airtel Limited | 4.09% |
| 4 | Axis Bank Limited | 3.92% |
| 5 | Kotak Mahindra Bank Limited | 3.83% |
| 6 | State Bank of India | 3.11% |
| 7 | Infosys Limited | 2.81% |
| 8 | TVS Motor Company Limited | 2.77% |
| 9 | Bajaj Finance Limited | 2.61% |
| 10 | Hindalco Industries Limited | 2.54% |