Aditya Birla Sun Life International Equity Fund
Direct · GrowthAI Summary
Aditya Birla Sun Life International Equity Fund has delivered a 1Y SIP XIRR of 19.31% and a 10Y XIRR of 11.15%, outperforming the NIFTY 50 on a lump-sum basis across most periods, with a 10Y Fund CAGR of 13.68% versus the benchmark's 10.21%. However, it trails the category average SIP XIRR across all horizons, lagging the 10Y category average of 16.44% by roughly 5.3 percentage points. Strong alpha of 6.48% over 10Y reflects meaningful diversification away from Indian equities.
The fund exhibits very low beta of 0.17-0.25 against the NIFTY 50 with downside capture as low as 7.54% over 1Y, indicating minimal sensitivity to Indian market swings. Calmar ratios of 0.37-0.43 across horizons suggest moderate risk-adjusted returns, and 7 drawdown events exceeding 10% highlight periodic meaningful corrections. Its low correlation profile makes it behave quite differently from a domestic equity fund.
The reported portfolio data shows only one holding, Jio Financial Services Limited in Finance at 0.15% of NAV, which is clearly incomplete or stale data as of 2023-07-31 and cannot represent the actual portfolio. Investors should verify current holdings directly with the AMC before drawing conclusions. As an international equity fund, its true diversification comes from overseas exposure rather than the figures shown here.
Against Sectoral/Thematic peers, the fund underperforms on SIP XIRR at every horizon, with a 5Y XIRR of 11.43% versus the category average of 17.45%. Its lump-sum CAGR advantage over the NIFTY 50 is consistent, with positive alpha in all periods from 1Y through 15Y. Calendar year returns show uneven consistency, ranging from -1.26% in 2022 to 36.0% in 2013 and 35.45% in 2025.
This fund suits investors seeking international diversification as a satellite allocation, typically 10-20% of an equity portfolio, rather than a core holding. A long horizon of 7-10 years or more is appropriate given the moderate 10-11% long-term SIP XIRR and periodic drawdowns. Investors should be comfortable with currency risk and the fact that returns will not track Indian market cycles.
- Consistently positive alpha versus the NIFTY 50 across all periods, including 6.48% over 10Y and 16.43% over 3Y
- Very low beta (0.14-0.25) and low downside capture (as low as 7.54%) provide genuine diversification from Indian equity cycles
- Resilient long-term returns with a 12Y SIP XIRR of 12.06% and 12Y rolling mean of 10.53%
- Underperforms the category average SIP XIRR at every horizon, trailing the 10Y category average of 16.44% by about 5.3 percentage points
- High expense ratio of 1.89% erodes returns, and the portfolio holdings data appears incomplete or outdated, limiting transparency
Generated on 26-10-2026, 2:17 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 | ₹12.64 L | 12.1% | -37.3% | 44.3% |
| 3 Years | ₹36.00 L | ₹42.00 L | 10.7% | -6.4% | 27.7% |
| 5 Years | ₹60.00 L | ₹76.99 L | 11.3% | -0.3% | 19.9% |
| 7 Years | ₹84.00 L | ₹1.22 Cr | 11.4% | 1.5% | 17.1% |
| 10 Years | ₹1.20 Cr | ₹2.03 Cr | 11.1% | 6.8% | 15.4% |
| 12 Years | ₹1.44 Cr | ₹3.11 Cr | 12.0% | 8.2% | 14.1% |
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 | 12.1% | 14.3% | 10.6% | -2.2% |
| 3 Years | 10.7% | 11.0% | 16.2% | -0.3% |
| 5 Years | 11.3% | 10.4% | 17.4% | +1.0% |
| 7 Years | 11.4% | 10.6% | 16.6% | +0.9% |
| 10 Years | 11.1% | 11.4% | 16.4% | -0.3% |
| 12 Years | 12.0% | 11.3% | 15.8% | +0.7% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 11.8% | 11.4% | -15.3% | 57.5% | 0.46 | 1.05 | 85% | — | — |
| 3 Years | 10.1% | 10.2% | -0.8% | 24.4% | 0.68 | 2.07 | 100% | — | — |
| 5 Years | 10.4% | 10.4% | 1.4% | 17.0% | 1.47 | 9.55 | 100% | — | — |
| 10 Years | 10.1% | 9.4% | 6.7% | 14.2% | 1.81 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +10.74 | 0.18 | 31.3% | 9.0% | 13.9% | -12.4% |
| 3 Years | +17.94 | 0.17 | 33.9% | 6.0% | 24.4% | 6.1% |
| 5 Years | +5.78 | 0.26 | 37.8% | 24.5% | 11.8% | 4.5% |
| 7 Years | +6.38 | 0.23 | 34.5% | 22.3% | 13.6% | 9.8% |
| 10 Years | +6.47 | 0.19 | 29.9% | 16.5% | 13.7% | 10.2% |
| 12 Years | +4.58 | 0.18 | 26.7% | 15.0% | 11.6% | 9.1% |
| 15 Years | +3.91 | 0.14 | 23.4% | 11.3% | 10.8% | 9.3% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Jio Financial Services Limited | 0.15% |