Aditya Birla Sun Life Dividend Yield Fund vs Aditya Birla Sun Life Multi-Cap Fund
Direct Plan, Growth option · Data as on 29-10-2026
Aditya Birla Sun Life Dividend Yield Fund is a Dividend Yield fund and Aditya Birla Sun Life Multi-Cap Fund is a Multi Cap fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Dividend Yield Fund (Direct) returned 10.9% a year and Aditya Birla Sun Life Multi-Cap Fund (Direct) returned 13.9% a year. Aditya Birla Sun Life Dividend Yield Fund charges 1.87% a year and Aditya Birla Sun Life Multi-Cap Fund 1.02% (Direct plans). Their portfolios overlap 27.1%: they hold 28 of the same securities.
Aditya Birla Sun Life Dividend Yield Fund
Dividend Yield
- 3 year return
- 10.9%
- Expense ratio
- 1.87%
- NAV
- ₹472.46
Aditya Birla Sun Life Multi-Cap Fund
Multi Cap
- 3 year return
- 13.9%
- Expense ratio
- 1.02%
- NAV
- ₹21.63
Which is better, Aditya Birla Sun Life Dividend Yield or Aditya Birla Sun Life Multi-Cap? 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 Dividend Yield returned more over 5 years: 11.9% a year against 11.5%.
- Aditya Birla Sun Life Multi-Cap returned more over 3 years: 13.9% a year against 10.9%.
- Aditya Birla Sun Life Multi-Cap costs less: 1.02% a year against 1.87% (Direct plans).
- Aditya Birla Sun Life Multi-Cap swung less over 3 years: a standard deviation of 14.5% a year against 14.6%.
- Aditya Birla Sun Life Multi-Cap fell less in its worst fall since 10-05-2021: −19.9% against −20.7%.
- Aditya Birla Sun Life Dividend Yield holds 3.9% of the fund in foreign stocks; Aditya Birla Sun Life Multi-Cap 0.0%.
- Aditya Birla Sun Life Dividend Yield holds more in large companies: 49.5% of the fund in large caps against 35.1%.
- Aditya Birla Sun Life Multi-Cap is the larger fund: ₹7,244 Cr against ₹1,382 Cr.
- Their portfolios overlap 27.1%: 28 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 Dividend Yield Fund | Aditya Birla Sun Life Multi-Cap Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Aditya Birla Sun Life Mutual Fund |
| Category | Dividend Yield | Multi Cap |
| AUM | ₹1,382 Cr (30-09-2026) | ₹7,244 Cr (30-09-2026) |
| NAV | ₹472.46 (Direct) | ₹21.63 (Direct) |
| Expense ratio (Direct) | 1.87% | 1.02% |
| Expense ratio (Regular) | 2.66% | 2.00% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 26-02-2003 | 07-05-2021 |
| Minimum investment | ₹1,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Pavas Pethia | Abhinav Khandelwal, Harshil Suvarnkar |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Exit load of 1%, if redeemed within 90 days. |
Aditya Birla Sun Life Dividend Yield vs Aditya Birla Sun Life Multi-Cap: 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 Dividend Yield Fund (Direct) | −2.24% | −6.09% | −6.77% | −5.32% | +10.91% | +11.87% | +11.80% |
| Aditya Birla Sun Life Multi-Cap Fund (Direct) | −2.96% | −2.79% | +3.94% | +0.60% | +13.90% | +11.47% | -- |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | +12.06% | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | +12.56% | -- |
Category average: the average of the 12 Dividend Yield funds and the 33 Multi Cap funds, same plan type.
Aditya Birla Sun Life Dividend Yield vs Aditya Birla Sun Life Multi-Cap: Year-wise Returns
| Year | Dividend YieldAditya Birla Sun Life Dividend Yield | Multi-CapAditya Birla Sun Life Multi-Cap |
|---|---|---|
| 2026to date | −7.04% | +2.12% |
| 2025 | +3.12% | +3.12% |
| 2024 | +19.20% | +23.88% |
| 2023 | +41.41% | +29.94% |
| 2022 | +5.96% | +1.43% |
| 2021 | +37.11% | -- |
Aditya Birla Sun Life Dividend Yield vs Aditya Birla Sun Life Multi-Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Aditya Birla Sun Life Dividend Yield Fund
Rolling returns
Every 3-year holding period, 611 of them, one for each trading day from 10-05-2024 to 29-10-2026: 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 Dividend Yield Fund (Direct)
Aditya Birla Sun Life Multi-Cap Fund (Direct)
Nifty 500 TRI
to
Jul 2024Dec 2021
to
Dec 2024May 2022
to
May 2025Oct 2022
to
Oct 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 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 Dividend Yield | 0.0 | 0.0 | 0.3 | 9.0 | 31.1 | 41.1 | 18.5 | 20.6% | 20.5% | 9.9% | 28.2% | 100% |
| Aditya Birla Sun Life Multi-Cap | 0.0 | 0.0 | 0.0 | 15.1 | 62.8 | 22.1 | 0.0 | 17.9% | 18.0% | 11.8% | 23.4% | 100% |
| Nifty 500 TRI | 0.0 | 0.0 | 3.3 | 30.9 | 57.0 | 8.8 | 0.0 | 15.9% | 15.9% | 8.8% | 22.3% | -- |
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 Nifty 500 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 10-05-2021. Past returns do not promise future returns.
Aditya Birla Sun Life Dividend Yield vs Aditya Birla Sun Life Multi-Cap: 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 03-05-2021 to 29-10-2026: 66 instalments, ₹6,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Dividend YieldAditya Birla Sun Life Dividend Yield Fund (Direct) | ₹6,60,000 | ₹8,72,395 | ₹2,12,395 | 10.1% |
| Aditya Birla Sun Life Multi-CapAditya Birla Sun Life Multi-Cap Fund (Direct) | ₹6,60,000 | ₹9,17,710 | ₹2,57,710 | 11.9% |
Aditya Birla Sun Life Dividend YieldAditya Birla Sun Life Dividend Yield Fund (Direct)
Aditya Birla Sun Life Multi-CapAditya Birla Sun Life Multi-Cap 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 Dividend Yield vs Aditya Birla Sun Life Multi-Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Dividend Yield Fund (Direct) | Aditya Birla Sun Life Multi-Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.32% | +0.60% |
| Standard deviation | 13.35% | 15.47% |
| Sharpe ratio | -0.79 | -0.30 |
| Sortino ratio | -1.04 | -0.40 |
| Maximum drawdown | −12.2% (30-03-2026) | −13.4% (23-03-2026) |
| Beta | 0.87 | 1.00 |
| Alpha | +0.56% | +6.68% |
From daily NAVs, 29-10-2025 to 29-10-2026. 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 Dividend Yield Fund (Direct) | Aditya Birla Sun Life Multi-Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.91% | +13.90% |
| Standard deviation | 14.65% | 14.50% |
| Sharpe ratio | 0.33 | 0.54 |
| Sortino ratio | 0.44 | 0.74 |
| Maximum drawdown | −20.7% (07-04-2025) | −19.9% (28-02-2025) |
| Beta | 0.97 | 0.93 |
| Alpha | +0.64% | +2.98% |
From daily NAVs, 27-10-2023 to 29-10-2026. 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 Dividend Yield Fund (Direct) | Aditya Birla Sun Life Multi-Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.87% | +11.47% |
| Standard deviation | 14.56% | 14.21% |
| Sharpe ratio | 0.42 | 0.40 |
| Sortino ratio | 0.56 | 0.53 |
| Maximum drawdown | −20.7% (07-04-2025) | −19.9% (28-02-2025) |
| Beta | 0.94 | 0.92 |
| Alpha | +3.20% | +1.33% |
From daily NAVs, 29-10-2021 to 29-10-2026. 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 Dividend Yield Fund (Direct) | Aditya Birla Sun Life Multi-Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.23% | +14.89% |
| Standard deviation | 14.86% | 13.85% |
| Sharpe ratio | 0.42 | 0.67 |
| Sortino ratio | 0.55 | 0.91 |
| Maximum drawdown | −42.0% (23-03-2020) | −19.9% (28-02-2025) |
| Beta | 0.87 | 0.91 |
| Alpha | +0.31% | +2.07% |
From daily NAVs, 02-01-2013 to 29-10-2026. 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 Dividend Yield Fund (Direct)
Aditya Birla Sun Life Multi-Cap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Dividend Yield Fund (Direct) | −20.7% | 27-09-2024 | 07-04-2025 | Not yet | -- | −13.0% |
| Aditya Birla Sun Life Multi-Cap Fund (Direct) | −19.9% | 24-09-2024 | 28-02-2025 | 18-06-2026 | 16 months | −7.3% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 10-05-2021, 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 Dividend Yield Fund (Direct)
Aditya Birla Sun Life Multi-Cap Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Dividend Yield Fund (Direct)
Aditya Birla Sun Life Multi-Cap Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Dividend Yield Fund (Direct)
Aditya Birla Sun Life Multi-Cap Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Dividend Yield Fund (Direct) | 104% | 88% | 6.39% |
| Aditya Birla Sun Life Multi-Cap Fund (Direct) | 106% | 90% | 4.77% |
From month-end values since 10-05-2021. 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 Dividend Yield vs Aditya Birla Sun Life Multi-Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Dividend Yield Fund, September 2026; Aditya Birla Sun Life Multi-Cap Fund, September 2026
Holdings in common
- Overlap
- 27.1%
- Held by both
- 28
- Only in Aditya Birla Sun Life Dividend Yield
- 53
- Only in Aditya Birla Sun Life Multi-Cap
- 58
| Security | % of Aditya Birla Sun Life Dividend Yield | % of Aditya Birla Sun Life Multi-Cap |
|---|---|---|
| ICICI Bank Ltd. | 4.40% | 2.87% |
| Eternal Ltd. | 3.24% | 2.63% |
| Adani Energy Solutions Ltd. | 2.17% | 2.31% |
| State Bank of India | 4.66% | 1.86% |
| Shriram Finance Ltd. | 3.94% | 1.85% |
| Vedanta Aluminium Metal Ltd. | 2.24% | 1.27% |
| Coal India Ltd. | 1.96% | 1.24% |
| Sansera Engineering Ltd. | 1.22% | 2.46% |
| Bharat Heavy Electricals Ltd. | 1.16% | 1.43% |
| City Union Bank Ltd. | 1.11% | 1.30% |
| Jindal Steel Ltd. | 1.15% | 1.02% |
| GMR Airports Ltd. | 0.96% | 0.90% |
| Prestige Estates Projects Ltd. | 1.07% | 0.86% |
| Piramal Finance Ltd. | 0.97% | 0.85% |
| Bajaj Auto Ltd. | 0.79% | 1.13% |
| Hexaware Technologies Ltd. | 2.32% | 0.75% |
| Hindalco Industries Ltd. | 1.53% | 0.48% |
| Billionbrains Garage Ventures Ltd. | 1.33% | 0.47% |
| Lenskart Solutions Ltd. | 0.47% | 2.31% |
| Sai Life Sciences Ltd. | 0.44% | 1.89% |
| Meesho Ltd. | 0.44% | 1.29% |
| United Spirits Ltd. | 0.36% | 1.05% |
| Metropolis Healthcare Ltd. | 0.35% | 0.63% |
| Vinati Organics Ltd. | 0.32% | 0.47% |
| Varun Beverages Ltd. | 0.31% | 1.01% |
| Triveni Turbine Ltd. | 0.31% | 0.82% |
| Home First Finance Company India Ltd. | 0.93% | 0.30% |
| Trent Ltd. | 0.28% | 0.50% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.1% means 27.1% 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 Dividend Yield Fund
| Security | % of fund |
|---|---|
| Britannia Industries Ltd. | 5.44% |
| Bharat Petroleum Corporation Ltd. | 3.08% |
| LTM Ltd. | 2.93% |
| Sagility Ltd. | 2.63% |
| Acme Solar Holdings Ltd. | 2.43% |
Largest holdings only in Aditya Birla Sun Life Multi-Cap Fund
| Security | % of fund |
|---|---|
| TD Power Systems Ltd. | 2.70% |
| One 97 Communications Ltd. | 2.35% |
| Persistent Systems Ltd. | 2.10% |
| RBL Bank Ltd. | 2.09% |
| Granules India Ltd. | 1.87% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Dividend Yield | Aditya Birla Sun Life Multi-Cap |
|---|---|---|
| Equity | 99.3% | 95.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.7% | 4.2% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Dividend Yield | Aditya Birla Sun Life Multi-Cap |
|---|---|---|
| Large Cap | 49.5% | 35.1% |
| Mid Cap | 17.8% | 28.5% |
| Small Cap | 28.1% | 28.1% |
| Foreign stocks | 3.9% | 0.0% |
| Not on AMFI's list | 0.0% | 4.1% |
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 Dividend Yield | Aditya Birla Sun Life Multi-Cap |
|---|---|---|
| Banks | 10.2% | 12.6% |
| Finance | 12.2% | 4.0% |
| IT - Software | 9.9% | 5.1% |
| Auto Components | 3.0% | 9.3% |
| Electrical Equipment | 1.5% | 8.9% |
| Retailing | 4.7% | 7.8% |
| Power | 7.0% | 2.4% |
| Food Products | 5.7% | 0.0% |
| Industrial Products | 5.5% | 1.7% |
| Pharmaceuticals & Biotechnology | 3.7% | 5.3% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Dividend Yield vs Aditya Birla Sun Life Multi-Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Dividend Yield Fund | Aditya Birla Sun Life Multi-Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.87% | 1.02% |
| Base expense ratio (Direct) | 1.16% | 0.69% |
| Total expense ratio (Regular) | 2.66% | 2.00% |
| Base expense ratio (Regular) | 1.84% | 1.55% |
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.
More comparisons
Each fund against the others of its category
Compare Aditya Birla Sun Life Dividend Yield with
Compare Aditya Birla Sun Life Multi-Cap with
Aditya Birla Sun Life Dividend Yield Fund vs Aditya Birla Sun Life Multi-Cap Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Dividend Yield Fund and Aditya Birla Sun Life Multi-Cap Fund?
Aditya Birla Sun Life Dividend Yield Fund is a Dividend Yield fund, Aditya Birla Sun Life Multi-Cap Fund is a Multi Cap fund, run by Aditya Birla Sun Life Mutual Fund. Their portfolios overlap 27.1%. Aditya Birla Sun Life Dividend Yield Fund charges 1.87% a year and Aditya Birla Sun Life Multi-Cap Fund 1.02%.
Which has given higher returns, Aditya Birla Sun Life Dividend Yield Fund or Aditya Birla Sun Life Multi-Cap Fund?
Over 1 year: Aditya Birla Sun Life Dividend Yield Fund −5.32%, Aditya Birla Sun Life Multi-Cap Fund +0.60%. Over 3 years: Aditya Birla Sun Life Dividend Yield Fund +10.91% a year, Aditya Birla Sun Life Multi-Cap Fund +13.90% a year. Over 5 years: Aditya Birla Sun Life Dividend Yield Fund +11.87% a year, Aditya Birla Sun Life Multi-Cap Fund +11.47% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Dividend Yield Fund or Aditya Birla Sun Life Multi-Cap Fund?
Aditya Birla Sun Life Multi-Cap Fund charges less: 1.02% a year against 1.87%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Dividend Yield Fund and Aditya Birla Sun Life Multi-Cap Fund overlap?
27.1%. They hold 28 of the same securities, the largest shared ones being ICICIBANK, ETERNAL, ADANIENSOL. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Dividend Yield Fund or Aditya Birla Sun Life Multi-Cap Fund?
On SEBI's riskometer, Aditya Birla Sun Life Dividend Yield Fund is rated Very High and Aditya Birla Sun Life Multi-Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 14.65% and 14.50% a year.
Which is better for SIP, Aditya Birla Sun Life Dividend Yield Fund or Aditya Birla Sun Life Multi-Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹7,75,148 in Aditya Birla Sun Life Dividend Yield Fund (XIRR 9.4% a year) and ₹8,19,466 in Aditya Birla Sun Life Multi-Cap Fund (XIRR 11.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Dividend Yield Fund and Aditya Birla Sun Life Multi-Cap Fund?
Yes. 27.1% 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 Dividend Yield Fund and Aditya Birla Sun Life Multi-Cap Fund?
Aditya Birla Sun Life Dividend Yield Fund: Pavas Pethia. Aditya Birla Sun Life Multi-Cap Fund: Abhinav Khandelwal, Harshil Suvarnkar.
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.