Fundalysisby DARKHORSESTOCKS

Scheme

Aditya Birla Sun Life Multi Asset Allocation Fund

Holds 82 companies worth ₹5,355 Cr in Sept 2026.

  • Fund house

    Aditya BirlaThe fund house that runs this scheme.

  • AUM

    ₹7,478 CrAditya Birla Sun Life Multi Asset Allocation Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.8% on Aug 2026, ₹7,618 Cr.

  • Largest holding

    ICICI BankICICI Bank is 3.8% of this scheme's NAV.

  • Fund manager

    Bhupesh BametaRuns its co-manager part since 31 Jan 2023, as the fund house dates it. With Sachin Wankhede (co-manager), Dhaval Gala (co-manager).

Overview(1 Sept 2026)

Fund managers3

  1. Bhupesh BametaCo-manager · Jan 2023 · 18y
  2. Sachin WankhedeCo-manager · Jan 2023 · 24y
  3. Dhaval GalaCo-manager · Oct 2024 · 20y
  1. Dhaval JoshiJan 2023 – Oct 2025
  2. Dhaval ShahJan 2023 – Oct 2024

Key facts

Benchmark
65% BSE 200 + 25% CRISIL Short Term Bond Index + 5% of Domestic prices of Gold + 5% of Domestic prices of Silver
Risk
Very High
Expense
Regular 1.53% · Direct 0.51%
Exit load
30% within 1 year
Started
31 Jan 2023
Minimum
₹500

Source.Its Scheme Summary Document as of 1 Sept 2026 at AMFI.

What changed(6 changes)

Aug 2026

1 change
  1. Expense ratio
    26 AugDirect 0.53% → 0.51%

Apr 2026

1 change
  1. Expense ratio
    1 AprRegular 1.88% → 1.53%Direct 0.21% → 0.53%

Oct 2025

1 change
  1. Dhaval Joshi left
    2 Octran it as co-manager from Jan 2023

Source.Its filings at NSE, since Oct 2024.

Fund managers over time(Jan 2023 – now)

  1. Bhupesh Bameta
  2. Sachin Wankhede
  3. Dhaval Gala
  4. Dhaval Joshi
  5. Dhaval Shah
MainCoSlice202420252026
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.
3 changesRegularDirectΔ pt
26 Aug 20261.53%0.51%0.02
1 Apr 20261.53%0.53%0.32
15 Oct 20241.88%0.21%–
Direct plan, 26 Aug 2026
0.51%
Regular plan 1.53% · Exit load 30% within 1 year
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(1 Sept 2026)

Objective

The investment objective of the Scheme is to provide long term capital appreciation by investing across asset classes like Equity, Debt, Commodities, & units of REITs & InvITs. The Scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the Scheme will be achieved

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended scheme investing in Equity, Debt and Commodities.
Benchmark
65% BSE 200 + 25% CRISIL Short Term Bond Index + 5% of Domestic prices of Gold + 5% of Domestic prices of Silver

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments
    Allowed65–80%Holds69.6%
  2. Debt and Money Market Instruments
    Allowed10–25%Holds28.4%
  3. Commodities* including ETCDs
    Allowed10–25%Holds0.0%
  4. Units issued by InvITs
    Allowed0–10%Holds2.0%
  5. Units of Mutual Funds
    Allowed0–15%Holds0.0%

Holds in Sept 2026.69.6% equity · 28.4% debt and cash · 2.0% REITs and InvITs

How to invest(1 Sept 2026)

Buying

To start
₹500, then in multiples of ₹1
To add
₹500, 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
SIP most
₹9,99,99,99,99,99,999

Selling and switching

To redeem
Rs.1 and multiples of Rs.1 thereafter or No minimum redemption criterion for Unit based redemption units
Switch minimum
₹500
STP how often
DZ, OW, OM, Q, BZ, SM,FM
STP dates
Weekly (Monday to Friday), Daily (1 to 31 days), Monthly / Quarterly - 1,7,10,14,20,21,27,28
STP minimum
(OM/OW-Rs.500x12, Rs.1000x6) - (Q-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20), then in multiples of ₹1
STP instalments
(OM/OW-Rs.500x12, Rs.1000x6) - (DZ/BZ-Rs.500x20) (Q-Rs.1000x4)
STP most
₹9,99,99,99,99,99,999
SWP how often
Q,OM,OW,BZ,H,Y
SWP dates
Weekly (Monday to Friday), Daily (1 to 31 days), Monthly / Quarterly - 1,7,10,14,20,21,28
SWP minimum
₹500, then in multiples of ₹1
SWP instalments
(OM/OW - Rs.500x6) - (Q - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)
SWP most
₹9,99,99,99,99,99,999

Scheme details(1 Sept 2026)

What it is

Category
Hybrid – Multi Asset Allocation
Offer
11 Jan 2023 to 25 Jan 2023
Started
31 Jan 2023
Reopened
2 Feb 2023
Plans
Growth
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Yes
Custodian
HDFC Bank Limited
Auditor
M/s Deloitte Haskins & Sells LLP
Registrar
Computer Age Management Services Limited
SEBI code
ABSL/O/H/MAA/22/08/0132