Aditya Birla SL Mid Cap Fund Plan
The scheme aims at long-term growth of capital at controlled level of risk by investing primarily in mid-cap stocks, to generate returns higher than a fund focused on large and liquid stocks. A small portion of the portfolio may be kept in call & money market instruments in order to meet the liquidity needs.
Growthvine rating: 2/5 — ranked #27 of 34 in category.
Fund basics
| Category | Equity: Mid Cap |
|---|
| NAV | ₹804.54 (as of 2026-10-01) |
|---|
| AUM | ₹6,966 Cr |
|---|
| Expense ratio | 1.55% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Vishal Gajwani |
|---|
| Exit load | 1% for redemption within 90 days |
|---|
Performance & risk
| 5-year annualised return | 11.88% |
|---|
| Sharpe ratio | 0.61 |
|---|
| Standard deviation | 17.87% |
|---|
| Max drawdown | −68.27% |
|---|
| Alpha | -1.17 |
|---|
| Beta | 0.97 |
|---|
Over 5 years, captured 88.0% of NIFTY Midcap 150's upside and 94.1% of its downside.
Market cap allocation
| Large cap | 7.3% |
|---|
| Mid cap | 65.3% |
|---|
| Small cap | 27.4% |
|---|
Concentration
| Top 5 holdings | 14.7% |
|---|
| Top 10 holdings | 27.1% |
|---|
| Total holdings | 76 |
|---|
| Index overlap | 32.5% |
|---|
| Active share | 67.5% |
|---|
Top holdings
- Federal Bank Ltd. — 3.4%
- AU Small Finance Bank Limited — 3.0%
- APL Apollo Tubes Limited — 2.9%
- Billionbrains Garage Ventures Limited — 2.8%
- Max Financial Services Limited — 2.6%
- Navin Fluorine International Limited — 2.5%
- J.K. CEMENT LTD — 2.5%
- Ajanta Pharma Ltd. — 2.5%
- Thermax Ltd. — 2.4%
- PB Fintech Limited — 2.4%
Top sectors
- Banking & Financial — 15.6%
- Industrial Products — 11.6%
- Software & Services — 6.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 0.0% | Q3 | #18 of 31 |
| 2025 | 4.4% | Q1 (Top) | #8 of 29 |
| 2024 | 22.0% | Q4 (Bottom) | #24 of 29 |
| 2023 | 39.9% | Q2 | #11 of 28 |
| 2022 | −5.3% | Q4 (Bottom) | #22 of 22 |