Aditya Birla Sun Life Transportation and Logistics Fund
Direct · GrowthAI Summary
The fund has delivered strong outperformance versus the NIFTY 50 across all measured periods, with a 1Y fund CAGR of 25.24% against a benchmark CAGR of -2.9% and a 1Y alpha of 30.62%. Over longer horizons, the 5Y fund CAGR of 13.0% and 10Y fund CAGR of 6.3% also beat the benchmark's 4.04% and 2.0% respectively, though alpha narrows over time. However, its 1Y SIP XIRR of 9.75% trails the category average SIP XIRR of 14.1%, indicating weaker SIP-based returns relative to sectoral/thematic peers.
The fund carries a beta of 1.10-1.26 versus the NIFTY 50, meaning it moves more sharply than the market in both directions, with an upside capture of 114.25% and downside capture of 94.32% over 3Y. Risk-adjusted performance is modest, with a 1Y Calmar ratio of 0.3739, and the fund experienced one drawdown event exceeding 10% that took 450 days to recover from a 192-day drawdown. The very small maximum drawdown of -0.28% in the recent 1Y window reflects a favorable period rather than structural low volatility.
The portfolio is concentrated in the auto ecosystem, with Automobiles (36.1%) and Auto Components (30.6%) together accounting for roughly two-thirds of assets, led by Mahindra & Mahindra at 12.77% and Eternal at 7.72%. With only 30 holdings and the top 10 representing about 59% of NAV, the fund is fairly concentrated even within its transportation and logistics theme. Exposure spans autos, auto components, retailing, transport services, and ports, providing some thematic breadth but limited diversification beyond the sector.
On a lump-sum basis the fund has beaten the NIFTY 50 consistently across 1Y to 15Y windows, but its 1Y SIP XIRR of 9.75% lags the category average of 14.1%, suggesting SIP investors in peer thematic funds have fared better recently. Calendar year returns show reasonable consistency, with 25.91% in 2024, 13.36% in 2025, and 15.66% in 2026, though 2023's 9.18% was softer. The narrowing alpha at longer horizons (from 30.62% at 1Y to 3.36% at 15Y) indicates the outperformance is largely a recent-cycle phenomenon.
This fund suits investors with high risk tolerance who already hold a diversified core portfolio and want a tactical satellite allocation to the transportation, auto, and logistics theme. A time horizon of at least 5-7 years is advisable given the sector's cyclicality and the fund's long drawdown recovery of 450 days. Investors seeking steady SIP returns or broad diversification should note the below-category SIP XIRR and heavy auto-sector concentration before committing.
- Consistent outperformance versus the NIFTY 50 across all periods from 1Y to 15Y, including a 1Y alpha of 30.62% and 5Y fund CAGR of 13.0% versus the benchmark's 4.04%
- Favorable capture asymmetry with 114.25% upside capture versus 94.32% downside capture over 3Y, indicating it falls less than it rises relative to the benchmark
- Low expense ratio of 0.87% for a sectoral/thematic fund, keeping costs reasonable for the category
- 1Y SIP XIRR of 9.75% falls well short of the category average SIP XIRR of 14.1%, showing weaker SIP-based returns than thematic peers
- Heavy concentration in the auto ecosystem, with Automobiles and Auto Components comprising 66.7% of the portfolio, exposing investors to a single cyclical sector
- Long recovery from maximum drawdown of 450 days and a modest 1Y Calmar ratio of 0.3739 highlight the fund's extended downside recovery periods
Generated on 10-09-2026, 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 | ₹12.48 L | 9.7% | -31.8% | 63.4% |
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 | 9.7% | 14.4% | 14.1% | -4.7% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 10.6% | 11.3% | -8.7% | 40.9% | 0.34 | 0.74 | 73% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +30.62 | 1.26 | 131.0% | 93.6% | 25.2% | -2.9% |
| 3 Years | +15.73 | 1.10 | 114.3% | 94.3% | 22.6% | 6.8% |
| 5 Years | +9.21 | 1.10 | 114.3% | 94.3% | 13.0% | 4.0% |
| 7 Years | +6.62 | 1.10 | 114.3% | 94.3% | 9.1% | 2.9% |
| 10 Years | +4.76 | 1.10 | 114.3% | 94.3% | 6.3% | 2.0% |
| 12 Years | +4.04 | 1.10 | 114.3% | 94.3% | 5.2% | 1.7% |
| 15 Years | +3.36 | 1.10 | 114.3% | 94.3% | 4.2% | 1.3% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Mahindra & Mahindra Limited | 12.77% |
| 2 | Eternal Limited | 7.72% |
| 3 | Eicher Motors Limited | 6.92% |
| 4 | TVS Motor Company Limited | 5.81% |
| 5 | InterGlobe Aviation Limited | 5.54% |
| 6 | Sedemac Mechatronics Ltd | 4.98% |
| 7 | Maruti Suzuki India Limited | 4.67% |
| 8 | Minda Corporation Limited | 4.33% |
| 9 | Adani Ports and Special Economic Zone Limited | 3.82% |
| 10 | Tata Motors Limited | 3.73% |