Sharpe ratio
0.48Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+17.97%1Y Absolute Return
-0.05%1D
Loading NAV history…
Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Aditya Birla Sun Life Manufacturing Equity Fund - Direct Plan - GrowthFund 5Y annualised return | ₹10,65,883 | ₹7,32,612 | ₹3,33,271 | +15.05% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.13
₹1 Lakh since launch₹1.13 Lakh
Fund age11.8 yrs
Fund information
Scheme code133516
ISININF209KA1YK0
BenchmarkNifty India Manufacturing TRI
CategoryEquity Scheme - Sectoral/ Thematic
Expense ratio1.45%
Exit loadExit load of 1%, if redeemed within 90 days.
Minimum SIP₹100 SIP
Return comparison
94th / 932 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +34.15% | — | — |
| 3M | -8.78% | — | — |
| 6M | +21.41% | — | — |
| 1Y | +17.97% | — | +4.16% |
| 3Y | +20.89% | — | +12.54% |
| 5Y | +15.05% | — | +10.04% |
| 10Y | +14.45% | — | — |
| Since Launch | +13.32% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.65Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
16.21%How much the fund’s returns fluctuate over time.
High volatility
Returns can swing significantly.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
0.34How well the fund rewarded investors relative to its biggest decline.
Low
Returns have been modest compared to the drawdowns experienced.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Equity94.09%
Cash5.91%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 67 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Reverse Repo | Unspecified | Reverse Repo | 5.3898% |
| Cummins India Ltd | Industrials | Equity | 3.9399% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 3.8587% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 3.6089% |
| Tata Steel Ltd | Materials | Equity | 2.7468% |
| Sansera Engineering Ltd | Consumer Discretionary | Equity | 2.5999% |
| Hindalco Industries Ltd | Materials | Equity | 2.5367% |
| AIA Engineering Ltd | Industrials | Equity | 2.516% |
| Bharat Forge Ltd | Consumer Discretionary | Equity | 2.4326% |
| Samvardhana Motherson International Ltd | Consumer Discretionary | Equity | 2.321% |
Fund management
DH
Dhaval Joshi
Since 2026 · Prior to joining Aditya Birla Sun Life Mutual Fund, he was associated with Sundaram Mutual Fund, Emkay Global Financial Services and Asit C Mehta Investment Intermediates Ltd..
Mr. Joshi has done B.Com, M.Com. and MBA (Finance)
Compare similar funds
No comparable category funds are available yet.
Summary
A very high-risk equity scheme - sectoral/ thematic fund. Ahead of its category average over 3Y by 8.4 points. Has fallen sharply before — down -39.2% at its worst.
Strengths
- Ahead of its category average over 3Y by 8.4 points.
- Well spread out — top 10 holdings are only 29% of the portfolio.
- Ranks 94 of 932 in its category over 1 year.
Weaknesses
- Has fallen sharply before — down -39.2% at its worst.
Ideal investor
- Needs a 5–7+ years horizon to ride out its very high risk level.
- Good fit for SIPs — spreading purchases smooths out 16.2% volatility.
Risk drivers
- Corrections have been sharp — worst fall -39.2% with 16.2% volatility. Took 8 months to recover last time.