Aditya Birla Sun Life ESG Integration Strategy Fund
Direct · GrowthAI Summary
The fund has outperformed the NIFTY 50 across all measured lump-sum periods, with a 3Y Fund CAGR of 9.96% versus the benchmark's 5.26% and a 1Y CAGR of -5.49% versus -11.43%. However, on the primary SIP metric, its XIRR of 14.35% (3Y) and 10.52% (5Y) trails the category averages of 16.26% and 17.46% respectively. The 1Y XIRR of 7.09% also lags the category's 10.68%, indicating below-average SIP outcomes despite benchmark-beating lump-sum performance.
Risk-adjusted behavior is favorable, with downside capture consistently below 100% (91.67% over 3Y, 92.49% over 1Y) alongside near-full upside capture, producing positive alpha of 4.63% over 3Y. The Calmar ratios of 0.53 (3Y) and 0.41 (5Y) reflect moderate returns relative to drawdowns, and three drawdown events exceeding 10% have occurred. The maximum drawdown took 532 days to recover from a 212-day trough, signaling that investors should expect extended recovery periods after sharp corrections.
The portfolio is heavily tilted toward financials, with Banks alone at 29.7% and Finance adding 6.7%, and the top six holdings are all banks or financial names led by ICICI Bank at 9.02%. With 53 total holdings, individual stock concentration is moderate, but sector concentration in Banks is significant and makes performance sensitive to the financial sector cycle. Diversification across IT (8.8%), Retailing (7.5%), and Automobiles (6.4%) provides some balance.
Against sectoral/thematic peers, the fund's SIP XIRR consistently trails category averages at every horizon, including 7.09% versus 10.68% over 1Y and 10.52% versus 17.46% over 5Y. Its lump-sum record is stronger, beating the NIFTY 50 in every window from 1Y through 15Y with positive alpha, suggesting better relative performance for lump-sum investors than SIP investors. Calendar-year returns are volatile, ranging from 39.62% in 2021 to -13.24% in 2022, indicating inconsistent year-to-year outcomes.
This fund suits investors with a high risk tolerance and a horizon of at least 5-7 years, given its thematic ESG mandate, bank-heavy concentration, and long drawdown recovery periods. It is best used as a satellite allocation alongside diversified core funds rather than a standalone holding, particularly since its SIP returns lag category peers. Investors comfortable with sector cyclicality and calendar-year swings of over 50 percentage points (e.g., +39.62% in 2021 to -13.24% in 2022) are the appropriate audience.
- Consistent benchmark outperformance with positive alpha across all periods, including 4.63% alpha over 3Y and 5.72% over 1Y versus the NIFTY 50
- Favorable downside protection with downside capture below 93% at every measured horizon while retaining 95-100% upside capture
- Diversified 53-stock portfolio led by quality large-caps such as ICICI Bank, HDFC Bank, and Bharti Airtel
- SIP XIRR trails category averages at all horizons, with the 5Y XIRR of 10.52% falling well short of the category's 17.46%
- Heavy sector concentration in Banks (29.7% plus 6.7% in Finance) exposes investors to financial-sector cyclicality, and the maximum drawdown took 532 days to recover
Generated on 23-10-2026, 2:59 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 | ₹12.45 L | 11.6% | -34.7% | 62.0% |
| 3 Years | ₹36.00 L | ₹44.22 L | 14.3% | 1.1% | 28.4% |
| 5 Years | ₹60.00 L | ₹76.69 L | 10.7% | 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 | 11.6% | 14.3% | 10.6% | -2.7% |
| 3 Years | 14.3% | 11.0% | 16.2% | +3.3% |
| 5 Years | 10.7% | 10.4% | 17.4% | +0.3% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 11.4% | 9.3% | -16.0% | 43.5% | 0.34 | 0.75 | 76% | — | — |
| 3 Years | 13.9% | 14.0% | 7.5% | 20.9% | 2.81 | — | 100% | — | — |
| 5 Years | 10.8% | 10.6% | 5.3% | 14.8% | 1.79 | 18.15 | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +4.99 | 0.99 | 100.3% | 93.3% | -7.5% | -12.7% |
| 3 Years | +4.72 | 0.94 | 98.0% | 91.9% | 10.2% | 5.4% |
| 5 Years | +0.99 | 0.95 | 95.0% | 93.5% | 5.6% | 4.5% |
| 7 Years | +1.85 | 0.94 | 95.2% | 92.0% | 8.9% | 7.1% |
| 10 Years | +1.14 | 0.94 | 95.2% | 92.0% | 6.2% | 4.9% |
| 12 Years | +0.88 | 0.94 | 95.2% | 92.0% | 5.1% | 4.1% |
| 15 Years | +0.61 | 0.94 | 95.2% | 92.0% | 4.1% | 3.3% |
| # | 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% |