Aditya Birla Sun Life Medium Term Fund
Medium DurationModerately HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹43.94-0.05%1 day
- Return since launch
- 8.8%
- 52-week range
- ₹40.97 — ₹43.97
- AUM
- ₹3,343 Cr
Aditya Birla Sun Life Medium Term Fund is a Medium Duration debt fund from Aditya Birla Sun Life Mutual Fund with ₹3,343 Cr under management, launched in 2009. Over three years it has returned 9.0% a year, against 7.1% for its category. The expense ratio is 1.55% and the SEBI riskometer reading is Moderately High.
Performance
Aditya Birla Sun Life Medium Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +7.3% against +4.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.9% | +1.4 pts | 4.5% | 5.0% |
| 2Y | 7.7% | +2.4 pts | 5.3% | 5.5% |
| 3Y | 9.0% | +1.9 pts | 7.1% | 6.2% |
| 5Y | 10.0% | +3.8 pts | 6.2% | 6.4% |
| 7Y | 10.7% | +4.1 pts | 6.6% | 6.1% |
| 10Y | 9.4% | +3.3 pts | 6.2% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.4% | 0.5% |
| 3M | 0.4% | +0.3 pts | 0.1% | 0.5% |
| 6M | 3.0% | +0.5 pts | 2.5% | 3.1% |
| 1Y | 7.3% | +2.8 pts | 4.5% | 4.7% |
| 2Y | 9.2% | +2.8 pts | 6.4% | 6.3% |
| 3Y | 9.7% | +2.7 pts | 7.1% | 6.9% |
| 5Y | 11.8% | +5.6 pts | 6.2% | 5.9% |
| 7Y | 9.6% | +3.5 pts | 6.1% | 6.2% |
| 10Y | 8.2% | +2.1 pts | 6.2% | 6.3% |
Since launch (23 Mar 2009): 8.8%
Calendar-year returns
Category average8.1%
7.1%
24.8%
6.9%
10.4%
10.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 10.9% | +2.5 pts | 8.5% |
| 2024 | 10.4% | +1.7 pts | 8.7% |
| 2023 | 6.9% | −0.5 pts | 7.4% |
| 2022 | 24.8% | +20.0 pts | 4.8% |
| 2021 | 7.1% | +0.9 pts | 6.2% |
| 2020 | 8.1% | +1.0 pts | 7.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.55%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.32%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.23%
- Exit load
- Exit load of 1%, if redeemed within 1 Year.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Medium Duration Debt A-III Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderately High
Your principal is treated as being at moderately high risk — typically balanced hybrid and index-led equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.68 | 0.88 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 3.19 | 1.30 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.16 | 1.64 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Aditya Birla Sun Life Medium Term Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt85.8%
- Other14.2%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 14.93% | ₹503 Cr | +0.77% | +0.79% | +0.80% |
| National Bank For Agriculture & Rural Development | Financial | 5.13% | ₹173 Cr | +7.80% | +8.06% | +1.86% |
| Hinduja Leyland Finance Ltd. | Financial | 3.25% | ₹109 Cr | +3.42% | +3.50% | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 3.05% | ₹103 Cr | +2.17% | — | — |
| HDFC Bank Ltd. | Financial | 2.91% | ₹98.08 Cr | — | — | — |
| OXYZO Financial Services Ltd. | Financial | 2.64% | ₹89.10 Cr | +2.78% | +2.89% | — |
| GMR Airports Ltd. | Construction | 2.62% | ₹88.39 Cr | +3.31% | +3.39% | +5.89% |
| Jubilant Bevco Ltd. | Consumer Staples | 2.47% | ₹83.23 Cr | +2.56% | +2.61% | +2.84% |
| Adani Airport Holdings Ltd. | Services | 2.46% | ₹82.83 Cr | +2.17% | +2.43% | +3.16% |
| JTPM Metal Traders Ltd. | Metals & Mining | 2.46% | ₹82.80 Cr | +2.56% | +2.59% | +2.81% |
| Kogta Financial India Ltd. | Financial | 2.13% | ₹71.88 Cr | +2.24% | +2.32% | — |
| Gaursons India Pvt. Ltd. | Construction | 2.01% | ₹67.89 Cr | +2.10% | +2.19% | — |
| SK Finance Ltd. | Financial | 1.82% | ₹61.17 Cr | +0.62% | +0.65% | +0.73% |
| Hero Housing Finance Ltd. | Financial | 1.78% | ₹59.81 Cr | +1.87% | +1.95% | +2.20% |
| Nuvama Wealth Finance Ltd. | Financial | 1.73% | ₹58.30 Cr | +1.82% | +3.11% | +3.51% |
| SIS Ltd. | Services | 1.71% | ₹57.48 Cr | +1.79% | +1.86% | +2.11% |
| Housing & Urban Development Corporation Ltd. | Financial | 1.46% | ₹49.36 Cr | +1.53% | +1.56% | +1.82% |
| National Bank For Financing Infrastructure And Development | Financial | 1.46% | ₹49.05 Cr | — | +0.80% | +2.59% |
| Power Finance Corporation Ltd. | Financial | 1.43% | ₹48.03 Cr | +0.79% | +0.81% | +0.94% |
| Hinduja Housing FInance Ltd. | Financial | 1.37% | ₹46.06 Cr | +1.44% | +1.50% | +1.70% |
| 360 ONE Wealth Ltd. | Financial | 1.34% | ₹45.17 Cr | +1.41% | +1.47% | +2.40% |
| Vedanta Ltd. | Metals & Mining | 1.34% | ₹45.13 Cr | +1.88% | +1.95% | +2.20% |
| IRB InvIT Fund | Construction | 1.00% | ₹33.63 Cr | +0.99% | +1.03% | +1.20% |
| Nexus Select Trust | Construction | 0.90% | ₹30.31 Cr | +0.92% | +0.89% | +1.10% |
| IKF Finance Ltd. | Financial | 0.89% | ₹30.03 Cr | +1.17% | +1.45% | +1.64% |
| Tata Capital Housing Finance Ltd. | Financial | 0.87% | ₹29.34 Cr | +0.93% | — | — |
| IndiGrid Infrastructure Trust | Capital Goods | 0.77% | ₹25.97 Cr | +0.84% | +0.82% | +0.54% |
| Aditya Birla Housing Finance Ltd. | Financial | 0.74% | ₹25.00 Cr | +0.78% | +0.81% | +0.93% |
| Indus Infra Trust | Construction | 0.74% | ₹24.87 Cr | +0.75% | +0.77% | +0.80% |
| Eris Lifesciences Ltd. | Healthcare | 0.71% | ₹24.05 Cr | +0.75% | +0.78% | +0.89% |
| Embassy Office Parks REIT | Construction | 0.62% | ₹20.98 Cr | +0.66% | +0.66% | +0.75% |
| Delhi International Airport Ltd. | Services | 0.60% | ₹20.36 Cr | +0.64% | +0.66% | +0.75% |
| Adani Power Ltd. | Energy | 0.59% | ₹19.89 Cr | +0.63% | +0.65% | — |
| Rajasthan State | Others | 0.54% | ₹18.28 Cr | +0.58% | +0.60% | — |
| Indian Railway Finance Corporation Ltd. | Financial | 0.52% | ₹17.45 Cr | +0.56% | +0.57% | +2.75% |
| Assam State | Others | 0.44% | ₹14.81 Cr | +0.47% | +0.48% | +0.56% |
| Bharti Telecom Ltd. | Communication | 0.44% | ₹14.81 Cr | — | +0.96% | — |
| Haryana State | Others | 0.43% | ₹14.65 Cr | +0.47% | +0.48% | — |
| Andhra Pradesh State | Financial | 0.39% | ₹13.27 Cr | +0.42% | +0.76% | — |
| Karnataka State | Others | 0.38% | ₹12.71 Cr | +0.41% | +0.42% | +0.06% |
| Vertis Infrastructure Trust | Construction | 0.37% | ₹12.54 Cr | +0.39% | +0.41% | +0.46% |
| Jharkhand State | Others | 0.28% | ₹9.60 Cr | +0.31% | +0.31% | — |
| Raajmarg Infra Investment Trust | Construction | 0.23% | ₹7.89 Cr | +0.23% | +0.23% | — |
| REC Ltd. | Financial | 0.18% | ₹6.01 Cr | +0.07% | +0.07% | +0.08% |
| GOI | Sovereign | 0.15% | ₹5.00 Cr | +0.33% | +1.60% | 0.00% |
| Tamilnadu State | Others | 0.13% | ₹4.40 Cr | +0.14% | +0.14% | — |
| Maharashtra State | Others | 0.03% | ₹1.12 Cr | +0.04% | +0.04% | +0.04% |
| Uttar Pradesh State | Others | 0.01% | ₹0.20 Cr | +0.01% | +0.01% | +0.01% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:14899 | 4.55% | 0.00% | -4.55% |
| HDFC Bank Ltd. | 0.00% | 2.91% | +2.91% |
| company:13778 | 1.89% | 0.00% | -1.89% |
| company:14136 | 1.80% | 0.00% | -1.80% |
| company:14996 | 1.44% | 0.00% | -1.44% |
| GMR Airports Ltd. | 1.61% | 1.03% | -0.57% |
| Bharti Telecom Ltd. | 0.75% | 0.44% | -0.31% |
| GOI | 0.31% | 0.15% | -0.16% |
| National Bank For Agriculture & Rural Development | 3.73% | 3.66% | -0.07% |
| Cholamandalam Investment and Finance Company Ltd. | 3.12% | 3.05% | -0.06% |
| National Bank For Financing Infrastructure And Development | 1.50% | 1.46% | -0.05% |
| Hinduja Leyland Finance Ltd. | 3.29% | 3.25% | -0.04% |
| Kogta Financial India Ltd. | 2.17% | 2.13% | -0.04% |
| JTPM Metal Traders Ltd. | 2.49% | 2.46% | -0.04% |
| IndiGrid Infrastructure Trust | 0.80% | 0.77% | -0.03% |
| Indus Infra Trust | 0.77% | 0.74% | -0.03% |
| Power Finance Corporation Ltd. | 1.46% | 1.43% | -0.03% |
| OXYZO Financial Services Ltd. | 2.67% | 2.64% | -0.03% |
| Hero Housing Finance Ltd. | 1.81% | 1.78% | -0.03% |
| Gaursons India Pvt. Ltd. | 2.04% | 2.01% | -0.03% |
| Nuvama Wealth Finance Ltd. | 1.76% | 1.73% | -0.03% |
| SIS Ltd. | 1.73% | 1.71% | -0.03% |
| IRB InvIT Fund | 1.02% | 1.00% | -0.03% |
| Adani Airport Holdings Ltd. | 1.55% | 1.53% | -0.02% |
| Jubilant Bevco Ltd. | 2.49% | 2.47% | -0.02% |
| Hinduja Housing FInance Ltd. | 1.39% | 1.37% | -0.02% |
| Vedanta Ltd. | 1.36% | 1.34% | -0.02% |
| Tata Capital Housing Finance Ltd. | 0.89% | 0.87% | -0.02% |
| 360 ONE Wealth Ltd. | 1.36% | 1.34% | -0.02% |
| Rajasthan State | 0.56% | 0.54% | -0.02% |
| Nexus Select Trust | 0.92% | 0.90% | -0.02% |
| Embassy Office Parks REIT | 0.64% | 0.62% | -0.02% |
| IKF Finance Ltd. | 0.91% | 0.89% | -0.01% |
| Haryana State | 0.45% | 0.43% | -0.01% |
| Indian Railway Finance Corporation Ltd. | 0.53% | 0.52% | -0.01% |
| Assam State | 0.45% | 0.44% | -0.01% |
| Andhra Pradesh State | 0.41% | 0.39% | -0.01% |
| Aditya Birla Housing Finance Ltd. | 0.75% | 0.74% | -0.01% |
| Eris Lifesciences Ltd. | 0.72% | 0.71% | -0.01% |
| Karnataka State | 0.39% | 0.38% | -0.01% |
| Adani Power Ltd. | 0.60% | 0.59% | -0.01% |
| Delhi International Airport Ltd. | 0.61% | 0.60% | -0.01% |
| Jharkhand State | 0.29% | 0.28% | -0.01% |
| Vertis Infrastructure Trust | 0.38% | 0.37% | -0.01% |
| SK Finance Ltd. | 0.30% | 0.30% | -0.01% |
| Raajmarg Infra Investment Trust | 0.24% | 0.23% | 0.00% |
| Tamilnadu State | 0.13% | 0.13% | 0.00% |
| Others | 0.28% | 0.27% | 0.00% |
| Housing & Urban Development Corporation Ltd. | 1.46% | 1.46% | 0.00% |
| Maharashtra State | 0.03% | 0.03% | 0.00% |
| REC Ltd. | 0.03% | 0.03% | 0.00% |
| Uttar Pradesh State | 0.01% | 0.01% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹4,258 Cr | 1.30% | 5.3% | 6.7% | 6.9% |
 SBI Medium Term Fund | ₹6,319 Cr | 1.22% | 5.1% | 6.4% | 6.7% |
 ICICI Prudential Medium Term Fund | ₹5,260 Cr | 1.36% | 5.6% | 7.1% | 7.2% |
 HDFC Medium Term Fund | ₹3,514 Cr | 1.30% | 5.2% | 6.4% | 6.6% |
 Axis Medium Term Fund | ₹1,939 Cr | 1.32% | 5.2% | 6.8% | 7.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium term maturity.
Fund managers
- Mohit SharmaMr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).
- Sunaina da CunhaMs. Cunha is a B.Com (H) and MBA from FMS, Delhi.Prior to joining Aditya Birla Sun Life Asset Management Company, she has worked with Aditya Birla Management Corporation Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.02% absolute | ₹60,000 | ₹61,812 | 3.02% | |
| 1 year7.25% annualised | ₹1,20,000 | ₹1,24,818 | 4.02% | |
| 3 years9.72% annualised | ₹3,60,000 | ₹4,19,414 | 16.50% | |
| 5 years11.84% annualised | ₹6,00,000 | ₹8,21,229 | 36.87% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Aditya Birla Sun Life Medium Term Fund?
The NAV of Aditya Birla Sun Life Medium Term Fund is ₹43.94 as on 6 Nov 2026.
What is the expense ratio of Aditya Birla Sun Life Medium Term Fund?
The expense ratio of Aditya Birla Sun Life Medium Term Fund is 1.55% per year.
What is the minimum SIP amount for Aditya Birla Sun Life Medium Term Fund?
You can start a SIP in Aditya Birla Sun Life Medium Term Fund with ₹3,000 a month.
What returns has Aditya Birla Sun Life Medium Term Fund given?
Aditya Birla Sun Life Medium Term Fund has returned 5.9% over 1 year, 9.0% over 3 years and 10.0% over 5 years (annualised).
Is there a lock-in or exit load on Aditya Birla Sun Life Medium Term Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 1 Year..
How risky is Aditya Birla Sun Life Medium Term Fund?
Aditya Birla Sun Life Medium Term Fund is rated Moderately High on the SEBI riskometer and belongs to the Medium Duration category.
Which fund house manages Aditya Birla Sun Life Medium Term Fund?
Aditya Birla Sun Life Medium Term Fund is managed by Aditya Birla Sun Life Mutual Fund, which runs 86 schemes with ₹4,46,664 Cr under management.