Should I invest in Aditya Birla Sun Life Manufacturing Equity Fund - Direct?

We don't give personal investment advice. Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 28.2%. 5-year CAGR: 10.56%.

Aditya Birla Sun Life

Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW

Latest NAV

₹23.8200

As of

3 Jun 2026

2,788 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.68%	+0.27%	+0.41	45 / 249	Q1
1W	-0.21%	-1.33%	+1.12	37 / 249	Q1
2W	+2.14%	-0.44%	+2.58	46 / 251	Q1
1M	+2.19%	-0.98%	+3.16	48 / 251	Q1
3M	+9.10%	+0.91%	+8.20	36 / 249	Q1
6M	+9.30%	-3.35%	+12.65	18 / 241	Q1
YTD	+8.90%	-3.40%	+12.30	16 / 241	Q1
1Y	+10.01%	+2.11%	+7.89	47 / 225	Q1
2Y	+3.35%	+1.79%	+1.56	69 / 181	Q2
3Y	+14.54%	+12.30%	+2.24	66 / 142	Q2
4Y	+13.92%	+11.74%	+2.18	54 / 122	Q2
5Y	+10.56%	+8.93%	+1.63	57 / 111	Q3
7Y	+11.32%	+13.08%	-1.77	59 / 92	Q3
10Y	+9.05%	+12.03%	-2.98	59 / 77	Q4
Inception	+7.97%	+8.52%	-0.55	145 / 251	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+8.90%	-2.64%	+11.55	16 / 237
2025	-2.80%	+1.49%	-4.29	140 / 204
2024	+9.01%	+20.10%	-11.09	135 / 158
2023	+33.29%	+30.21%	+3.08	54 / 131
2022	-0.46%	+1.48%	-1.94	69 / 119
2021	+15.31%	+31.54%	-16.23	86 / 106
2020	+18.03%	+19.90%	-1.87	39 / 95
2019	-2.96%	+6.43%	-9.39	76 / 87
2018	-20.28%	-9.17%	-11.11	62 / 78
2017	+29.13%	+32.45%	-3.31	49 / 77
2016	+10.17%	+2.96%	+7.21	18 / 77

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+9.46%

126 windows

min -28.6% · max 61.6%

60% positive

3-Year rolling

+8.07%

102 windows

min -12.3% · max 20.6%

81% positive

5-Year rolling

+8.18%

78 windows

min -4.8% · max 18.6%

94% positive

7-Year rolling

+7.78%

53 windows

min 4.2% · max 11.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

18.29%

3-year · annualised

Sharpe ratio

0.48

vs risk-free 6.5%

Sortino ratio

0.74

Downside-only deviation

Max drawdown

-28.19%

Sep 2024 → Apr 2025

% positive months

72.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - IDCW Option - Direct Plan	HDFC	₹15.9390	3 Jun 2026
NIPPON INDIA - JAPAN EQUITY FUND - DIRECT Plan - IDCW Option	Nippon India	₹31.2458	3 Jun 2026
SBI Automotive Opportunities Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹11.7560	3 Jun 2026
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW	ICICI Prudential	₹64.9400	3 Jun 2026
Invesco India Business Cycle Fund - Direct Plan - IDCW	Invesco	₹13.3100	3 Jun 2026
Bandhan Business Cycle Fund - Direct Plan - IDCW	Bandhan	₹9.6290	3 Jun 2026
quant BFSI Fund - IDCW Option - Direct Plan	Quant	₹20.2732	3 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹29.4200	3 Jun 2026
Motilal Oswal Active Momentum Fund- Direct-IDCW	Motilal Oswal	₹13.3281	3 Jun 2026
Franklin India Multi-Factor Fund- Direct- IDCW	Franklin India	₹9.3581	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹23.8200
2 Jun 2026	₹23.8500
1 Jun 2026	₹23.6900
29 May 2026	₹23.9100
27 May 2026	₹24.2100
26 May 2026	₹23.9000
25 May 2026	₹23.7900
22 May 2026	₹23.5900
21 May 2026	₹23.6100
20 May 2026	₹23.4400

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW is ₹23.8200. It's a Sectoral/Thematic Fund from Aditya Birla Sun Life, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW has NAV history starting from 03 Feb 2015, a track record of about 11 years 4 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW is managed by Aditya Birla Sun Life. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW has delivered a absolute return of 10.01% — +7.89 pp ahead of the Sectoral/Thematic Fund category average of 2.11%. The fund ranks #47 of 225 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW has delivered a CAGR of 14.54% — +2.24 pp ahead of the Sectoral/Thematic Fund category average of 12.30%. The fund ranks #66 of 142 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW has delivered a CAGR of 10.56% — +1.63 pp ahead of the Sectoral/Thematic Fund category average of 8.93%. The fund ranks #57 of 111 in its category — the third (Q3) quartile.

₹1 lakh invested in Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW exactly 10 years ago would be worth approximately ₹237,787 today — a multiplier of 2.38×, based on the 10-year CAGR of 9.05%. The category average over the same window would have grown ₹1 lakh to ₹311,351.

A ₹10,000 monthly SIP in Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹794,483 today. That's an XIRR (money-weighted annualised return) of 11.17%.

A ₹10,000 monthly SIP for 10 years in Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW = ₹1,200,000 invested. It would currently be worth ₹2,035,089 (multiplier 1.70×). XIRR: 10.19%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW ranks #57 out of 111 funds in the Sectoral/Thematic Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 8.93%; this fund delivered 10.56%.

The worst peak-to-trough decline Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW has experienced over the last 5-year window is 28.19% — its NAV fell from a high on 27 Sep 2024 to a low on 07 Apr 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW averaged 8.18% (best 18.56%, worst -4.77%). 94% of rolling windows ended positive. The 5-year Sharpe ratio is 0.31 — weak risk-adjusted performance.

In calendar year 2025, Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW returned -2.80% — lagging the Sectoral/Thematic Fund category average of 1.49% by 4.29 pp. It ranked #140 of 204 in its category that year.

Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Aditya Birla Sun Life Manufacturing Equity Fund - Direct - IDCW is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 28.2%. 5-year CAGR: 10.56%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.