Aditya Birla Sun Life Equity Savings Fund vs Kotak Equity Savings Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Equity Savings Fund and Kotak Equity Savings Fund are both Equity Savings funds. In the 3 years to 30-10-2026, Aditya Birla Sun Life Equity Savings Fund (Direct) returned 7.7% a year and Kotak Equity Savings Fund (Direct) returned 9.4% a year. Aditya Birla Sun Life Equity Savings Fund charges 1.19% a year and Kotak Equity Savings Fund 1.09% (Direct plans). Their portfolios overlap 26.6%: they hold 51 of the same securities.
Aditya Birla Sun Life Equity Savings Fund
Equity Savings
- 3 year return
- 7.7%
- Expense ratio
- 1.19%
- NAV
- ₹25.78
Kotak Equity Savings Fund
Equity Savings
- 3 year return
- 9.4%
- Expense ratio
- 1.09%
- NAV
- ₹29.94
Which is better, Aditya Birla Sun Life Equity Savings or Kotak Equity Savings? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Equity Savings returned more over 5 years: 9.1% a year against 6.4%.
- Kotak Equity Savings returned more over 3 years: 9.4% a year against 7.7%.
- Kotak Equity Savings costs less: 1.09% a year against 1.19% (Direct plans).
- Aditya Birla Sun Life Equity Savings swung less over 3 years: a standard deviation of 2.8% a year against 5.7%.
- Kotak Equity Savings fell less in its worst fall since 01-12-2014: −16.5% against −17.8%.
- Kotak Equity Savings is the larger fund: ₹10,443 Cr against ₹1,116 Cr.
- Their portfolios overlap 26.6%: 51 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 Equity Savings Fund | Kotak Equity Savings Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Equity Savings | Equity Savings |
| AUM | ₹1,116 Cr (30-09-2026) | ₹10,443 Cr (30-09-2026) |
| NAV | ₹25.78 (Direct) | ₹29.94 (Direct) |
| Expense ratio (Direct) | 1.19% | 1.09% |
| Expense ratio (Regular) | 1.67% | 2.13% |
| Riskometer | Moderate | Moderately High |
| Benchmark | Nifty Equity Savings TRI | NIFTY Equity Savings Index (TRI) |
| Launch date | 28-11-2014 | 13-10-2014 |
| Minimum investment | ₹1,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Lovelish Solanki, Harshil Suvarnkar, Rohit Karan s | Devender Singhal, Abhishek Bisen, Hiten Shah |
| Exit load | Exit load of 0.25%, if redeemed within 7 days. | Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 90 days. |
Aditya Birla Sun Life Equity Savings vs Kotak Equity Savings: 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 Equity Savings Fund (Direct) | −0.08% | −0.85% | +1.42% | +2.96% | +7.69% | +6.37% | +7.86% |
| Kotak Equity Savings Fund (Direct) | −1.35% | −2.08% | −0.15% | +0.58% | +9.45% | +9.14% | +9.65% |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | +8.43% |
Category average: the average of the 23 Equity Savings funds, same plan type.
Aditya Birla Sun Life Equity Savings vs Kotak Equity Savings: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Equity Savings | KotakKotak Equity Savings |
|---|---|---|
| 2026to date | +1.66% | −0.57% |
| 2025 | +9.50% | +9.12% |
| 2024 | +8.73% | +12.97% |
| 2023 | +12.52% | +16.89% |
| 2022 | 0.00% | +7.90% |
| 2021 | +14.04% | +12.17% |
Aditya Birla Sun Life Equity Savings vs Kotak Equity Savings: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,195 of them, one for each trading day from 01-12-2017 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 Equity Savings Fund (Direct)
Kotak Equity Savings Fund (Direct)
to
Aug 2018Feb 2017
to
Feb 2020Aug 2018
to
Aug 2021Mar 2020
to
Mar 2023Sept 2021
to
Sept 2024Feb 2023
to
Feb 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Equity Savings | 0.0 | 8.2 | 67.1 | 24.7 | 0.0 | 0.0 | 0.0 | 8.6% | 8.8% | 0.6% | 13.8% |
| Kotak Equity Savings | 0.0 | 1.5 | 44.2 | 54.0 | 0.2 | 0.0 | 0.0 | 10.4% | 10.4% | 2.1% | 16.7% |
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. Every fund is measured over the days all of them have, from 01-12-2014. Past returns do not promise future returns.
Aditya Birla Sun Life Equity Savings vs Kotak Equity Savings: 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 01-12-2014 to 30-10-2026: 143 instalments, ₹14,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Equity SavingsAditya Birla Sun Life Equity Savings Fund (Direct) | ₹14,30,000 | ₹23,63,449 | ₹9,33,449 | 8.1% |
| Kotak Equity SavingsKotak Equity Savings Fund (Direct) | ₹14,30,000 | ₹26,00,831 | ₹11,70,831 | 9.6% |
Aditya Birla Sun Life Equity SavingsAditya Birla Sun Life Equity Savings Fund (Direct)
Kotak Equity SavingsKotak Equity Savings 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 Equity Savings vs Kotak Equity Savings: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Equity Savings Fund (Direct) | Kotak Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.96% | +0.58% |
| Standard deviation | 3.29% | 5.72% |
| Sharpe ratio | -0.70 | -0.81 |
| Sortino ratio | -0.95 | -1.05 |
| Maximum drawdown | −2.5% (30-03-2026) | −5.2% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 Equity Savings Fund (Direct) | Kotak Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.69% | +9.45% |
| Standard deviation | 2.84% | 5.66% |
| Sharpe ratio | 0.59 | 0.60 |
| Sortino ratio | 0.83 | 0.82 |
| Maximum drawdown | −2.5% (30-03-2026) | −6.0% (28-02-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 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 Equity Savings Fund (Direct) | Kotak Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.37% | +9.14% |
| Standard deviation | 4.38% | 5.15% |
| Sharpe ratio | 0.13 | 0.65 |
| Sortino ratio | 0.17 | 0.88 |
| Maximum drawdown | −9.8% (17-06-2022) | −6.0% (28-02-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 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 Equity Savings Fund (Direct) | Kotak Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.27% | +9.53% |
| Standard deviation | 5.98% | 5.60% |
| Sharpe ratio | 0.43 | 0.68 |
| Sortino ratio | 0.58 | 0.92 |
| Maximum drawdown | −17.8% (23-03-2020) | −16.5% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 01-12-2014 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 Equity Savings Fund (Direct)
Kotak Equity Savings Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Equity Savings Fund (Direct) | −17.8% | 12-02-2020 | 23-03-2020 | 05-11-2020 | 7 months | −1.6% |
| Kotak Equity Savings Fund (Direct) | −16.5% | 19-02-2020 | 23-03-2020 | 21-07-2020 | 4 months | −3.0% |
From daily values since 01-12-2014, 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 Equity Savings Fund (Direct)
Kotak Equity Savings Fund (Direct)
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 Equity Savings Fund (Direct)
Kotak Equity Savings Fund (Direct)
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 Equity Savings Fund (Direct)
Kotak Equity Savings Fund (Direct)
Aditya Birla Sun Life Equity Savings vs Kotak Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Equity Savings Fund, September 2026; Kotak Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 26.6%
- Held by both
- 51
- Only in Aditya Birla Sun Life Equity Savings
- 61
- Only in Kotak Equity Savings
- 109
| Security | % of Aditya Birla Sun Life Equity Savings | % of Kotak Equity Savings |
|---|---|---|
| HDFC Bank Ltd. | 5.16% | 4.38% |
| Adani Ports and Special Economic Zone Ltd. | 2.77% | 2.47% |
| ICICI Bank Ltd. | 7.21% | 2.19% |
| State Bank of India | 2.06% | 2.77% |
| Reliance Industries Ltd. | 3.38% | 2.02% |
| Bharti Airtel Ltd. | 1.41% | 4.93% |
| Axis Bank Ltd. | 2.11% | 1.26% |
| One 97 Communications Ltd. | 1.20% | 3.60% |
| Larsen & Toubro Ltd. | 1.01% | 1.12% |
| Embassy Office Parks Reit | 1.12% | 0.75% |
| Knowledge Realty Trust | 0.70% | 0.81% |
| Bajaj Finance Ltd. | 1.86% | 0.63% |
| Vodafone Idea Ltd. | 1.51% | 0.59% |
| Sun Pharmaceutical Industries Ltd. | 1.06% | 0.53% |
| Mahindra & Mahindra Ltd. | 1.87% | 0.52% |
| Indus Towers Ltd. | 0.50% | 3.38% |
| Indus Infra Trust | 0.48% | 1.33% |
| ITC Ltd. | 0.46% | 1.87% |
| NTPC Ltd. | 0.44% | 2.24% |
| Eternal Ltd. | 0.26% | 1.13% |
| Hindalco Industries Ltd. | 0.32% | 0.22% |
| Brookfield India Real Estate Trust | 0.20% | 0.59% |
| Hindustan Unilever Ltd. | 0.20% | 1.25% |
| Maruti Suzuki India Ltd. | 0.18% | 2.94% |
| Bharat Electronics Ltd. | 0.33% | 0.16% |
| Cube Highways Trust | 0.16% | 1.79% |
| Ultratech Cement Ltd. | 1.11% | 0.15% |
| Bajaj Finserv Ltd. | 0.42% | 0.15% |
| Raajmarg Infra Investment Trust | 0.19% | 0.15% |
| NMDC Ltd. | 0.15% | 0.26% |
| JSW Steel Ltd. | 0.14% | 0.47% |
| Patanjali Foods Ltd. | 2.94% | 0.11% |
| Hindustan Zinc Ltd. | 0.11% | 0.82% |
| Apollo Hospitals Enterprise Ltd. | 0.10% | 0.20% |
| SBI Life Insurance Co. Ltd. | 0.09% | 0.20% |
| Cipla Ltd. | 0.09% | 0.15% |
| Adani Enterprises Ltd. | 1.71% | 0.08% |
| Glenmark Pharmaceuticals Ltd. | 0.71% | 0.05% |
| Bajaj Auto Ltd. | 0.14% | 0.05% |
| Tata Consultancy Services Ltd. | 0.37% | 0.04% |
| Crompton Greaves Consumer Electricals Ltd. | 0.57% | 0.03% |
| Tata Power Company Ltd. | 0.19% | 0.02% |
| Shriram Finance Ltd. | 0.16% | 0.02% |
| Max Healthcare Institute Ltd. | 0.08% | 0.02% |
| Jio Financial Services Ltd. | 0.08% | 0.02% |
| IndusInd Bank Ltd. | 0.01% | 1.42% |
| RBL Bank Ltd. | 1.73% | 0.01% |
| Trent Ltd. | 0.28% | 0.01% |
| Container Corporation of India Ltd. | 0.20% | 0.01% |
| Power Grid Corporation of India Ltd. | 0.14% | 0.01% |
| Nestle India Ltd. | 0.11% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 26.6% means 26.6% 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 Equity Savings Fund
| Security | % of fund |
|---|---|
| UPL Ltd. | 4.84% |
| Aditya Birla Sun Life Liquid Fund Direct Plan Growth | 4.71% |
| Aditya Birla Sun Life Money Market Fund - Growth - Direct Plan | 3.81% |
| Kotak Mahindra Bank Ltd. | 3.00% |
| GMR Airports Ltd. | 2.38% |
Largest holdings only in Kotak Equity Savings Fund
| Security | % of fund |
|---|---|
| Kotak Liquid Direct Growth | 7.59% |
| Radico Khaitan Ltd. | 2.37% |
| Hero MotoCorp Ltd. | 2.23% |
| POONAWALLA FINCORP LIMITED | 1.39% |
| EMMVEE PHOTOVOLTAIC POWER LIMITED | 1.38% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Equity Savings | Kotak Equity Savings |
|---|---|---|
| Equity | 71.1% | 64.3% |
| Debt | 7.9% | 16.4% |
| Cash and others | 21.0% | 19.3% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Equity Savings | Kotak Equity Savings |
|---|---|---|
| Large Cap | 49.6% | 42.8% |
| Mid Cap | 15.3% | 17.0% |
| Small Cap | 4.7% | 3.9% |
| Not on AMFI's list | 1.5% | 0.7% |
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 Equity Savings | Kotak Equity Savings |
|---|---|---|
| Banks | 22.3% | 13.3% |
| Telecom - Services | 3.4% | 8.9% |
| Automobiles | 2.5% | 5.8% |
| Transport Infrastructure | 5.2% | 2.5% |
| Fertilizers & Agrochemicals | 4.8% | 0.0% |
| Finance | 3.2% | 4.0% |
| Financial Technology (Fintech) | 1.2% | 3.6% |
| Power | 0.8% | 3.5% |
| Petroleum Products | 3.4% | 2.0% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Equity Savings vs Kotak Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Equity Savings Fund | Kotak Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.19% | 1.09% |
| Base expense ratio (Direct) | 0.45% | 0.57% |
| Total expense ratio (Regular) | 1.67% | 2.13% |
| Base expense ratio (Regular) | 0.86% | 1.45% |
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 Equity Savings with
Aditya Birla Sun Life Equity Savings Fund vs Kotak Equity Savings Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Equity Savings Fund and Kotak Equity Savings Fund?
Both are Equity Savings funds, run by Aditya Birla Sun Life Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 26.6%. Aditya Birla Sun Life Equity Savings Fund charges 1.19% a year and Kotak Equity Savings Fund 1.09%.
Which has given higher returns, Aditya Birla Sun Life Equity Savings Fund or Kotak Equity Savings Fund?
Over 1 year: Aditya Birla Sun Life Equity Savings Fund +2.96%, Kotak Equity Savings Fund +0.58%. Over 3 years: Aditya Birla Sun Life Equity Savings Fund +7.69% a year, Kotak Equity Savings Fund +9.45% a year. Over 5 years: Aditya Birla Sun Life Equity Savings Fund +6.37% a year, Kotak Equity Savings Fund +9.14% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Equity Savings Fund or Kotak Equity Savings Fund?
Kotak Equity Savings Fund charges less: 1.09% a year against 1.19%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Equity Savings Fund and Kotak Equity Savings Fund overlap?
26.6%. They hold 51 of the same securities, the largest shared ones being HDFCBANK, ADANIPORTS, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Equity Savings Fund or Kotak Equity Savings Fund?
On SEBI's riskometer, Aditya Birla Sun Life Equity Savings Fund is rated Moderate and Kotak Equity Savings Fund Moderately High. Over 3 years, the standard deviation of daily returns was 2.84% and 5.66% a year.
Which is better for SIP, Aditya Birla Sun Life Equity Savings Fund or Kotak Equity Savings Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,32,217 in Aditya Birla Sun Life Equity Savings Fund (XIRR 7.1% a year) and ₹7,54,250 in Kotak Equity Savings Fund (XIRR 8.3% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Equity Savings Fund and Kotak Equity Savings Fund?
Yes. 26.6% 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 Equity Savings Fund and Kotak Equity Savings Fund?
Aditya Birla Sun Life Equity Savings Fund: Lovelish Solanki, Harshil Suvarnkar, Rohit Karan s. Kotak Equity Savings Fund: Devender Singhal, Abhishek Bisen, Hiten Shah.
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.