Aditya Birla Sun Life (ABSL) - Innovation PMS: Returns, Portfolio & Fees

PMS · Equity · Multi Cap

Aditya Birla Sun Life (ABSL) - Innovation

Fund size₹144 Cr

Alpha (3Y)−1.61%

3Y return10.02%

Fund age8 yrs 4 mo

Fund Manager

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

Aditya Birla Sun Life (ABSL) Innovation

Returns: How it has done

Scheme / Benchmark	YTD	1Y	2Y	3Y	5Y	Since inception
Aditya Birla Sun Life (ABSL) Innovation	−3.64%	−3.69%	−3.21%	10.02%	11.07%	15.34%
Nifty 500	−1.02%	4.72%	−0.11%	12.09%	10.91%	12.77%
Excess over benchmark	−2.62%	−8.41%	−3.10%	−2.07%	0.16%	2.57%

Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Aug 2026.

Risk : What you take on to earn the return

Volatility

16.08%

Benchmark approx 14.77%

A standard deviation reflecting historical swings.

Sensitivity

0.98

Beta vs benchmark 1.00 · 2% less reactive

How strongly the scheme moves with the index.

Risk-reward

0.35

Sharpe

Excess return gained per unit of volatility.

Capture ratio

95 / 103

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 −22.11% from its 26 Sep 2024 peak to a 31 Mar 2026 trough. It has not yet recovered.

Max drawdowns

−22.11%

Scheme Drawdown Trajectory

Drawdown analysis	Peak	Trough	Depth	Fell over	Recovered	Recovery took
Scheme	26 Sep 2024	31 Mar 2026	−22.11%	551 days	–	–
Benchmark	30 Aug 2024	28 Feb 2025	−18.59%	182 days	–	–

Scheme

Peak26 Sep 2024

Trough31 Mar 2026

Depth−22.11%

Fell over551 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 Aug 2026

Portfolio Details : Where the money actually sits

Stocks

P/E ratio

35.28

P/B ratio

4.81

Dividend yield

0.39%

Avg market cap

₹4.23 L Cr

Median market cap

₹72,003 Cr

Asset class

Equity

Market cap

Large cap50.04%

Mid cap20.50%

Small cap26.72%

Cash & others2.74%

As on 31 Aug 2026

Fees

A fixed plan is cheaper when returns are strong. A performance plan costs less in lean years and shares the upside only when the fund beats a hurdle. Both cost the same at a 19.50% gross return.

FixedPlan A · Simple

Fixed Management Fee2.50% / yr

Performance FeeNone

Hurdle RateNot applicable

VariablePlan B · Shared upside

Fixed Management Fee1.00% / yr

Performance Fee20% of profit

Hurdle RateAbove 12%

Exit load 2.00% within 1 year, 1.00% within 2 years, nil after 3 years. Lock-in: Nil.

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