AIF · Equity · CAT III - LONG ONLY - MULTI CAP & FLEXI CAP
ABSL India Equity Services Fund
Fund size₹814 Cr
Alpha (3Y)−2.44%
3Y return5.97%
Fund age3 yrs 9 mo
Fund Managers
Sameer Narayan
Sameer Narayan
Fund Manager, AIF, Aditya Birla Sun Life
Has 27+ years of experience in Indian Equity markets with significant alpha generation track record over longer time periods. Prior to joining ABSLAMC, he was Head – PMS at Invesco Asset Management (India) Pvt Ltd. Managed segregated mandates across both growth (Caterpillar) & value (RISE & DAWN ) strategies. Has also set up the Adani Family Office in Sep 2011. Began his buy-side career with BNP Paribas Asset Management in 2006 where he advised o?shore mandates. Has varied sell-side experience through his stints at SSKI, Enam Securities & Motilal Oswal. Sameer holds a Master in Management Studies (MMS) from Narsee Monjee Institute of Management Studies, Mumbai and B.E. degree with specialization in Production Engineering.
Managing AUM₹814 Cr
Mr. Salvin Shah
Mr. Salvin Shah
Fund Manager, AIF, Aditya Birla Sun Life
Has 13+ years in Portfolio Management and Equity Research, Salvin has extensive experience in managing Indian Equities. His endeavour is to maximize returns for the investors while keeping an eye on portfolio risk. He has been successful at identifying themes and stocks at a very early stage which has resulted in multi-bagger returns for the investors. Prior to joining ABSLAMC, he worked with Sanctum Wealth Management as Co-fund Manager in their PMS business. Before Sanctum, Salvin was a part of equity research team at Edelweiss Securities and Athena Investment Management. He is a Member of Institute of Chartered Accountants of India (ICAI) and a commerce graduate from Mumbai University.
Managing AUM₹3,306 Cr
Growth of₹Cr
ABSL India Equity Services
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
ABSL India Equity Services−5.28%−4.80%−5.57%5.97%—7.48%
Nifty 500−1.07%−2.59%−2.28%8.96%—9.49%
Excess over benchmark−4.21%−2.21%−3.29%−2.99%—−2.01%
Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Jul 2026.
Risk : What you take on to earn the return
Volatility
17.25%
Benchmark approx 13.58%
A standard deviation reflecting historical swings.
Sensitivity
1.10
Beta vs benchmark 1.00 · 10% more reactive
How strongly the scheme moves with the index.
Risk-reward
0.11
Sharpe
Excess return gained per unit of volatility.
Capture ratio
104 / 120
Upside / Downside Capture
Share of market gains captured versus losses absorbed.
How far below its previous high it fell
Over the trailing 3Y window the scheme fell −25.58% from its 05 Sep 2024 peak to a 30 Mar 2026 trough. It has not yet recovered.
Max drawdowns
−25.58%
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme05 Sep 202430 Mar 2026−25.58%571 days––
Benchmark30 Aug 202428 Feb 2025−18.59%182 days––
Scheme
Peak05 Sep 2024
Trough30 Mar 2026
Depth−25.58%
Fell over571 days
Recovered–
Recovery took–
Benchmark
Peak30 Aug 2024
Trough28 Feb 2025
Depth−18.59%
Fell over182 days
Recovered–
Recovery took–
The benchmark's peak, trough and recovery are read off its month-end curve; the scheme's row is measured on daily NAV. · Risk and drawdown use a trailing 3Y window · As on 31 Jul 2026
Portfolio Details : Where the money actually sits
Stocks
37
P/E ratio
24.28
P/B ratio
2.99
Dividend yield
0.73%
Avg market cap
₹3.77 L Cr
Median market cap
₹1.10 L Cr
Asset class
Equity
Market cap
Large cap49.66%
Mid cap31.18%
Small cap17.15%
Cash & others2.01%
As on 31 Jul 2026
Let's start a
conversation
  • Compare this AIF against 3,000+ others with our research desk
  • Build a long-term portfolio around your goals, not a one-off buy
  • Experts with decades of experience.
Private. Personal. No obligation.
We will only use these details to contact you about this enquiry. No spam.
Start a conversation
Share a few details and an expert will reach out.
We will only use these details to contact you about this enquiry. No spam.