Fundalysisby DARKHORSESTOCKS

Scheme

Aditya Birla Sun Life Equity Savings Fund

Holds 98 companies worth ₹847 Cr in Sept 2026.

  • Fund house

    Aditya BirlaThe fund house that runs this scheme.

  • AUM

    ₹1,116 CrAditya Birla Sun Life Equity Savings Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.2% on Aug 2026, ₹1,130 Cr.

  • Largest holding

    ICICI BankICICI Bank is 7.2% of this scheme's NAV.

  • Fund manager

    Harshil SuvarnkarRuns its co-manager part since 22 Mar 2021, as the fund house dates it. With Lovelish Solanki (co-manager), Rohit Karan (co-manager).

Overview(9 Sept 2026)

Fund managers3

  1. Harshil SuvarnkarCo-manager · Mar 2021 · 16y
  2. Lovelish SolankiCo-manager · Sept 2024 · 17y
  3. Rohit KaranCo-manager · Apr 2026 · 16y
  1. Atul PenkarOct 2024 – May 2026
  2. Vishal GajwaniJun 2023 – Oct 2024

Key facts

Benchmark
Nifty Equity Savings TRI
Risk
Moderate
Expense
Regular 0.86% · Direct 0.44%
Exit load
0.25% within 7 days
Started
28 Nov 2014
Minimum
₹1,000

Source.Its Scheme Summary Document as of 9 Sept 2026 at AMFI.

What changed(5 changes)

May 2026

1 change
  1. Atul Penkar left
    25 Mayran it as co-manager from Oct 2024

Apr 2026

2 changes
  1. Rohit Karan joined
    1 Apras co-manager
  2. Expense ratio
    1 AprRegular 1.11% → 0.86%Direct 0.6% → 0.44%

Oct 2024

2 changes
  1. Atul Penkar joined
    31 Octas co-manager
  2. Vishal Gajwani left
    31 Octran it as co-manager from Jun 2023

Source.Its filings at NSE, since Oct 2024.

Fund managers over time(Mar 2021 – now)

  1. Harshil Suvarnkar
  2. Lovelish Solanki
  3. Rohit Karan
  4. Atul Penkar
  5. Vishal Gajwani
MainCoSlice20222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Oct 2024 – Sept 2026)

Every change to the expense ratio, newest first.
2 changesRegularDirectΔ pt
1 Apr 20260.86%0.44%0.16
15 Oct 20241.11%0.60%–
Direct plan, 1 Apr 2026
0.44%
Regular plan 0.86% · Exit load 0.25% within 7 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(9 Sept 2026)

Objective

To provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategies, arbitrage opportunities and pure equity investments. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

Risk, type and benchmark

Riskometer
Moderate
At launch
Moderately High
Type
An open ended scheme investing in equity, arbitrage and debt.
Benchmark
Nifty Equity Savings TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity Related instruments including derivatives
    Allowed65–90%
  2. Derivatives (hedged)
    Allowed0–90%
  3. Net long equity exposure (unhedged)
    Allowed15–40%
  4. Debt & Money market Instruments (including margin for derivatives)
    Allowed10–35%Holds24.1%
  5. Units issued by InvITs
    Allowed0–10%Holds0.8%
  6. Units of Mutual Funds (including Gold ETFs, Silver ETFs)
    Allowed0–25%
  7. ETCDs
    Allowed0–10%

Holds in Sept 2026.75.1% equity · 24.1% debt and cash · 0.8% REITs and InvITs

How to invest(9 Sept 2026)

Buying

To start
₹1,000, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
SIP how often
OM,OW,FM,SM,DZ
SIP dates
Any Day(1 to 31) / Weekly(Monday to Friday)
SIP minimum
₹100, then in multiples of ₹1
SIP instalments
6

Selling and switching

To redeem
Rs.1 and multiples of Rs.1 thereafter or No minimum redemption criterion for Unit based redemption units
Minimum balance
₹1 or 1E-3 units
Switch minimum
₹1,000 or 1E-3 units
Switch multiples
₹0.01
STP how often
Q,OM,OW,DZ
STP dates
01,07,10,14,20,21,27,28
STP minimum
(OM/OW-Rs.500x12, Rs.1000x6) - (OQ-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20)
STP instalments
(OM/OW-Rs.500x12, Rs.1000x6) - (OQ-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20)
SWP how often
Q,OM,OW,DZ
SWP dates
01,07,10,14,20,21,28
SWP minimum
(OM/OW/BZ - Rs.500x6) - (OQ - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)
SWP instalments
(OM/OW/BZ - Rs.500x6) - (OQ - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)

Scheme details(9 Sept 2026)

What it is

Category
Hybrid Scheme - Equity Savings
Offer
11 Nov 2014 to 25 Nov 2014
Started
28 Nov 2014
Reopened
29 Nov 2014
Plans
Growth
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
HDFC Bank Limited
Auditor
M/s Deloitte Haskins & Sells LLP
Registrar
Computer Age Management Services Limited
SEBI code
ABSL/O/H/ESF/14/10/0047