Aditya Birla SL Flexi Cap Fund
The fund seeks long-term growth of capital and regular income through 90% investment in equities and 10% in debt and money market securities. The scheme would adopt top-down & bottom-up approach of investing & a portion of the scheme will also be invested in IPOs, emerging sectors & other primary market offerings.
Growthvine rating: 4/5 — ranked #7 of 52 in category.
Fund basics
| Category | Equity: Flexi Cap |
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| NAV | ₹1982.09 (as of 2026-08-21) |
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| AUM | ₹26,727 Cr |
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| Expense ratio | 1.36% |
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| Riskometer | Very High |
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| Fund manager | Harish Krishnan |
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| Exit load | 1% for redemption within 90 days |
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Performance & risk
| 5-year annualised return | 12.81% |
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| Sharpe ratio | 0.66 |
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| Standard deviation | 14.64% |
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| Max drawdown | -65.51% |
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| Alpha | 3.25 |
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| Beta | 0.95 |
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Over 5 years, captured 99.2% of Nifty 500's upside and 96.2% of its downside.
Market cap allocation
| Large cap | 56.6% |
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| Mid cap | 27.5% |
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| Small cap | 15.9% |
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Concentration
| Top 5 holdings | 17.4% |
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| Top 10 holdings | 27.9% |
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| Total holdings | 80 |
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| Index overlap | 40.8% |
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| Active share | 59.2% |
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Top holdings
- ICICI Bank Ltd. — 6.1%
- Kotak Mahindra Bank Ltd. — 3.2%
- HDFC Bank Ltd. — 3.2%
- Reliance Industries Ltd — 2.7%
- Infosys Ltd — 2.3%
- State Bank Of India — 2.2%
- Bharat Forge Ltd — 2.2%
- Bharti Airtel Ltd. — 2.2%
- HCL Technologies Ltd — 2.0%
- United Spirits Limited — 1.9%
Top sectors
- Banking & Financial — 20.0%
- Automobile — 9.8%
- Software & Services — 8.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 4.7% | Q2 | #17 of 50 |
| 2025 | 11.2% | Q1 (Top) | #2 of 43 |
| 2024 | 18.5% | Q2 | #21 of 42 |
| 2023 | 26.0% | Q3 | #23 of 36 |
| 2022 | -1.1% | Q3 | #18 of 30 |