Aditya Birla Sun Life Special Opportunities Fund
Direct · GrowthAI Summary
Aditya Birla Sun Life Special Opportunities Fund has delivered strong SIP XIRR of 19.95% over 3Y and 17.33% over 5Y, beating the category averages of 16.23% and 17.46% respectively at the 3Y mark. Against the NIFTY 50, the fund has generated consistent positive alpha across all periods, including 18.56% over 1Y and 12.70% over 3Y, with lump-sum CAGR of 18.02% versus the benchmark's 5.26% over 3Y. The 1Y XIRR of 16.95% is notably ahead of the category average of 10.65%, indicating recent outperformance.
The fund shows a beta of roughly 0.91-0.95 across periods, meaning it moves slightly less than the market, while downside capture of 76-89% indicates it loses less than the NIFTY 50 in falling markets. Risk-adjusted returns are solid, with Calmar ratios of 0.89-0.96 across 1Y, 3Y, and 5Y windows. However, the fund has experienced 3 drawdown events exceeding 10%, with a maximum drawdown recovery taking 378 days, which highlights meaningful downside episodes despite favorable capture ratios.
The portfolio holds 61 stocks with a top holding, Aditya Infotech, at 7.35% of NAV, followed by Bharti Airtel at 4.53%, indicating moderate single-stock concentration. Banks form the largest sector exposure at 15.1%, complemented by Finance (6.3%), Telecom (6.0%), and IT (5.6%), giving the fund a diversified financials-heavy core. The presence of names like Shriram Finance, ICICI Bank, and Axis Bank alongside newer-age holdings such as Billionbrains Garage Ventures reflects a blend of established and emerging opportunities.
The fund outperforms the category average SIP XIRR at 1Y (16.95% vs 10.65%) and 3Y (19.95% vs 16.23%), though it trails slightly at 5Y (17.33% vs 17.46%). Calendar year returns show strong consistency, with positive returns in six of the last seven years including 26.19% in 2023 and 34.94% in 2021, with only a marginal -0.62% in 2022. This track record suggests the fund has been a reliable performer within the competitive Sectoral/Thematic category.
This fund suits investors with high risk tolerance seeking thematic and special situation opportunities, as sectoral/thematic funds carry concentrated risk and higher volatility than diversified equity funds. A time horizon of at least 5 years is advisable, given the drawdown recovery periods and the cyclicality of thematic bets. It is best used as a satellite allocation within a broader diversified portfolio rather than a core holding.
- Consistent positive alpha versus NIFTY 50 across all periods from 1Y to 15Y, with 3Y alpha of 12.70%
- Favorable downside capture of 76-89% across periods, limiting losses in falling markets relative to the benchmark
- SIP XIRR of 19.95% over 3Y comfortably beats the category average of 16.23%, with strong calendar-year consistency including six positive years in seven
- Three drawdown events exceeding 10% with a maximum drawdown recovery period of 378 days, indicating prolonged recovery risk
- Slight 5Y underperformance versus the category average (17.33% vs 17.46%) and concentration in Banks at 15.1% adds sector-level risk
Generated on 24-10-2026, 3:12 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 | ₹12.85 L | 18.8% | -25.3% | 69.1% |
| 3 Years | ₹36.00 L | ₹47.56 L | 19.9% | 7.8% | 32.9% |
| 5 Years | ₹60.00 L | ₹92.25 L | 17.4% | 12.0% | 20.0% |
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 | 18.8% | 14.3% | 10.6% | +4.5% |
| 3 Years | 19.9% | 11.0% | 16.2% | +8.8% |
| 5 Years | 17.4% | 10.4% | 17.4% | +7.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 18.1% | 14.6% | -8.1% | 65.5% | 0.74 | 3.35 | 90% | — | — |
| 3 Years | 19.5% | 19.9% | 11.4% | 24.0% | 5.46 | — | 100% | — | — |
| 5 Years | 17.1% | 16.6% | 12.1% | 23.0% | 4.48 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +15.19 | 0.92 | 100.4% | 79.9% | 4.0% | -12.7% |
| 3 Years | +11.96 | 0.96 | 101.3% | 86.9% | 17.4% | 5.4% |
| 5 Years | +7.52 | 0.95 | 98.4% | 89.2% | 12.1% | 4.5% |
| 7 Years | +6.86 | 0.92 | 96.6% | 86.8% | 16.4% | 9.8% |
| 10 Years | +4.47 | 0.92 | 96.6% | 86.8% | 11.2% | 6.8% |
| 12 Years | +3.59 | 0.92 | 96.6% | 86.8% | 9.3% | 5.6% |
| 15 Years | +2.72 | 0.92 | 96.6% | 86.8% | 7.3% | 4.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Aditya Infotech Ltd | 7.35% |
| 2 | Bharti Airtel Limited | 4.53% |
| 3 | Shriram Finance Ltd | 3.64% |
| 4 | ICICI Bank Limited | 3.54% |
| 5 | Bank of Maharashtra | 3.00% |
| 6 | Billionbrains Garage Ventures Ltd | 2.61% |
| 7 | Axis Bank Limited | 2.54% |
| 8 | Vedanta Aluminium Metal Ltd | 2.29% |
| 9 | Varun Beverages Limited | 2.10% |
| 10 | Infosys Limited | 2.02% |