Aditya Birla Sun Life Conglomerate Fund vs Kotak BSE Sensex Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Conglomerate Fund is a Thematic fund and Kotak BSE Sensex Index Fund is an Index fund. In the year to 30-10-2026, Aditya Birla Sun Life Conglomerate Fund (Direct) returned −8.6% and Kotak BSE Sensex Index Fund (Direct) returned −11.2%. Aditya Birla Sun Life Conglomerate Fund charges 1.04% a year and Kotak BSE Sensex Index Fund 0.31% (Direct plans). Their portfolios overlap 26.9%: they hold 9 of the same securities.
Aditya Birla Sun Life Conglomerate Fund
Thematic
- 1 year return
- −8.6%
- Expense ratio
- 1.04%
- NAV
- ₹10.20
Kotak BSE Sensex Index Fund
Index
- 1 year return
- −11.2%
- Expense ratio
- 0.31%
- NAV
- ₹9.96
Which is better, Aditya Birla Sun Life Conglomerate or Kotak BSE Sensex Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Aditya Birla Sun Life Conglomerate returned more over 1 year: −8.6% against −11.2%.
- Kotak BSE Sensex Index costs less: 0.31% a year against 1.04% (Direct plans).
- Kotak BSE Sensex Index fell less in its worst fall since 20-02-2025: −16.1% against −16.4%.
- Kotak BSE Sensex Index holds more in large companies: 100.0% of the fund in large caps against 60.2%.
- Aditya Birla Sun Life Conglomerate is the larger fund: ₹1,495 Cr against ₹25 Cr.
- Their portfolios overlap 26.9%: 9 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Conglomerate Fund | Kotak BSE Sensex Index Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹1,495 Cr (30-09-2026) | ₹25 Cr (30-09-2026) |
| NAV | ₹10.20 (Direct) | ₹9.96 (Direct) |
| Expense ratio (Direct) | 1.04% | 0.31% |
| Expense ratio (Regular) | 2.31% | 0.48% |
| Riskometer | Very High | Very High |
| Benchmark | BSE Select Business Groups Index TRI | BSE SENSEX TRI |
| Launch date | 27-12-2024 | 17-02-2025 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Harish Krishnan, Kunal Sangoi | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | 0.5% for redemption within 90 Days | Nil |
Aditya Birla Sun Life Conglomerate vs Kotak BSE Sensex Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Conglomerate Fund (Direct) | −3.23% | −8.85% | −4.32% | −8.60% | -- | -- | -- |
| Kotak BSE Sensex Index Fund (Direct) | +2.75% | −4.34% | −2.52% | −11.20% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Aditya Birla Sun Life Conglomerate vs Kotak BSE Sensex Index: Year-wise Returns
| Year | Aditya Birla Sun Life ConglomerateAditya Birla Sun Life Conglomerate | Kotak BSE Sensex IndexKotak BSE Sensex Index |
|---|---|---|
| 2026to date | −7.52% | −12.07% |
| 2025 | +10.08% | -- |
Aditya Birla Sun Life Conglomerate vs Kotak BSE Sensex Index: Rolling Returns
Every holding period of both funds, against BSE SELECT BUSINESS GROUPS TRI, the benchmark of Aditya Birla Sun Life Conglomerate Fund
Rolling returns
Every 1-year holding period, 170 of them, one for each trading day from 20-02-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Conglomerate Fund (Direct)
Kotak BSE Sensex Index Fund (Direct)
BSE SELECT BUSINESS GROUPS TRI
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Conglomerate | 26.5 | 37.6 | 30.6 | 5.3 | 0.0 | 0.0 | 0.0 | 2.8% | 2.9% | −9.2% | 11.6% | 32% |
| Kotak BSE Sensex Index | 83.4 | 8.3 | 4.7 | 3.6 | 0.0 | 0.0 | 0.0 | −4.1% | −5.0% | −12.9% | 11.7% | 0% |
| BSE SELECT BUSINESS GROUPS TRI | 18.2 | 28.8 | 32.9 | 14.1 | 5.9 | 0.0 | 0.0 | 5.1% | 5.3% | −7.8% | 18.4% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE SELECT BUSINESS GROUPS TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 20-02-2025. Past returns do not promise future returns.
Aditya Birla Sun Life Conglomerate vs Kotak BSE Sensex Index: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life ConglomerateAditya Birla Sun Life Conglomerate Fund (Direct) | ₹2,10,000 | ₹2,03,515 | −₹6,485 | −3.4% |
| Kotak BSE Sensex IndexKotak BSE Sensex Index Fund (Direct) | ₹2,10,000 | ₹2,00,108 | −₹9,892 | −5.2% |
Aditya Birla Sun Life ConglomerateAditya Birla Sun Life Conglomerate Fund (Direct)
Kotak BSE Sensex IndexKotak BSE Sensex Index Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Conglomerate vs Kotak BSE Sensex Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Conglomerate Fund (Direct) | Kotak BSE Sensex Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.60% | −11.20% |
| Standard deviation | 16.85% | 13.82% |
| Sharpe ratio | -0.82 | -1.19 |
| Sortino ratio | -1.10 | -1.59 |
| Maximum drawdown | −16.3% (30-03-2026) | −16.1% (30-03-2026) |
| Beta | 0.97 | 1.00 |
| Alpha | −1.69% | −0.31% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Conglomerate Fund (Direct) | Kotak BSE Sensex Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.98% | −0.03% |
| Standard deviation | 15.97% | 13.17% |
| Sharpe ratio | -0.29 | -0.42 |
| Sortino ratio | -0.40 | -0.58 |
| Maximum drawdown | −16.4% (30-03-2026) | −16.1% (30-03-2026) |
| Beta | 0.94 | 1.00 |
| Alpha | −0.74% | −0.21% |
From daily NAVs, 30-12-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Conglomerate Fund (Direct)
Kotak BSE Sensex Index Fund (Direct)
BSE SELECT BUSINESS GROUPS TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Conglomerate Fund (Direct) | −16.4% | 29-10-2025 | 30-03-2026 | 06-07-2026 | 3 months | −11.5% |
| Kotak BSE Sensex Index Fund (Direct) | −16.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −12.6% |
| BSE SELECT BUSINESS GROUPS TRI | −15.0% | 02-01-2026 | 30-03-2026 | Not yet | -- | −10.5% |
From daily values since 20-02-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Conglomerate Fund (Direct)
Kotak BSE Sensex Index Fund (Direct)
BSE SELECT BUSINESS GROUPS TRI
Against BSE SELECT BUSINESS GROUPS TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Conglomerate Fund (Direct) | 88% | 94% | 5.14% |
| Kotak BSE Sensex Index Fund (Direct) | 67% | 85% | 7.39% |
From month-end values since 20-02-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Aditya Birla Sun Life Conglomerate vs Kotak BSE Sensex Index: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Conglomerate Fund, September 2026; Kotak BSE Sensex Index Fund, September 2026
Holdings in common
- Overlap
- 26.9%
- Held by both
- 9
- Only in Aditya Birla Sun Life Conglomerate
- 37
- Only in Kotak BSE Sensex Index
- 21
| Security | % of Aditya Birla Sun Life Conglomerate | % of Kotak BSE Sensex Index |
|---|---|---|
| Reliance Industries Ltd. | 11.94% | 9.24% |
| Larsen & Toubro Ltd. | 5.05% | 5.11% |
| Mahindra & Mahindra Ltd. | 4.30% | 3.10% |
| Bajaj Finance Ltd. | 3.85% | 3.02% |
| Tata Steel Ltd. | 2.15% | 1.74% |
| Adani Ports and Special Economic Zone Ltd. | 2.69% | 1.55% |
| Tech Mahindra Ltd. | 2.05% | 1.15% |
| Tata Consultancy Services Ltd. | 1.04% | 2.45% |
| Trent Ltd. | 1.95% | 1.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 26.9% means 26.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Conglomerate Fund
| Security | % of fund |
|---|---|
| Adani Enterprises Ltd. | 4.61% |
| Grasim Industries Ltd. | 4.08% |
| Adani Energy Solutions Ltd. | 3.39% |
| Welspun Corp Ltd. | 2.90% |
| Tube Investments of India Ltd. | 2.84% |
Largest holdings only in Kotak BSE Sensex Index Fund
| Security | % of fund |
|---|---|
| HDFC BANK LTD. | 12.53% |
| ICICI BANK LTD. | 11.07% |
| BHARTI AIRTEL LTD. | 6.34% |
| STATE BANK OF INDIA. | 4.61% |
| AXIS BANK LTD. | 4.07% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Conglomerate | Kotak BSE Sensex Index |
|---|---|---|
| Equity | 97.3% | 100.0% |
| Debt | 0.1% | 0.0% |
| Cash and others | 2.6% | 0.0% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Conglomerate | Kotak BSE Sensex Index |
|---|---|---|
| Large Cap | 60.2% | 100.0% |
| Mid Cap | 11.5% | 0.0% |
| Small Cap | 24.6% | 0.0% |
| Not on AMFI's list | 1.1% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life Conglomerate | Kotak BSE Sensex Index |
|---|---|---|
| Banks | 0.0% | 35.8% |
| Petroleum Products | 11.9% | 9.2% |
| IT - Software | 5.3% | 9.2% |
| Finance | 9.0% | 4.2% |
| Industrial Products | 6.9% | 0.0% |
| Auto Components | 6.5% | 0.0% |
| Ferrous Metals | 6.5% | 1.7% |
| Telecom - Services | 0.0% | 6.3% |
| Cement & Cement Products | 6.3% | 0.0% |
| Construction | 5.0% | 5.1% |
| Diversified FMCG | 0.0% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Conglomerate vs Kotak BSE Sensex Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Conglomerate Fund | Kotak BSE Sensex Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.04% | 0.31% |
| Base expense ratio (Direct) | 0.70% | 0.12% |
| Total expense ratio (Regular) | 2.31% | 0.48% |
| Base expense ratio (Regular) | 1.82% | 0.27% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
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Aditya Birla Sun Life Conglomerate Fund vs Kotak BSE Sensex Index Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Conglomerate Fund and Kotak BSE Sensex Index Fund?
Aditya Birla Sun Life Conglomerate Fund is a Thematic fund, Kotak BSE Sensex Index Fund is an Index fund, run by Aditya Birla Sun Life Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 26.9%. Aditya Birla Sun Life Conglomerate Fund charges 1.04% a year and Kotak BSE Sensex Index Fund 0.31%.
Which has given higher returns, Aditya Birla Sun Life Conglomerate Fund or Kotak BSE Sensex Index Fund?
Over 1 year: Aditya Birla Sun Life Conglomerate Fund −8.60%, Kotak BSE Sensex Index Fund −11.20%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Conglomerate Fund or Kotak BSE Sensex Index Fund?
Kotak BSE Sensex Index Fund charges less: 0.31% a year against 1.04%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Conglomerate Fund and Kotak BSE Sensex Index Fund overlap?
26.9%. They hold 9 of the same securities, the largest shared ones being RELIANCE, LT, M&M. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Conglomerate Fund or Kotak BSE Sensex Index Fund?
On SEBI's riskometer, Aditya Birla Sun Life Conglomerate Fund is rated Very High and Kotak BSE Sensex Index Fund Very High. Over 1 years, the standard deviation of daily returns was 16.85% and 13.82% a year.
Can I invest in both Aditya Birla Sun Life Conglomerate Fund and Kotak BSE Sensex Index Fund?
Yes. 26.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Aditya Birla Sun Life Conglomerate Fund and Kotak BSE Sensex Index Fund?
Aditya Birla Sun Life Conglomerate Fund: Harish Krishnan, Kunal Sangoi. Kotak BSE Sensex Index Fund: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.