Aditya Birla Sun Life Retirement Fund-The 40s Plan vs Axis Nifty 100 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Retirement Fund-The 40s Plan is a Solution fund and Axis Nifty 100 Index Fund is an Index fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Retirement Fund-The 40s Plan (Direct) returned 10.8% a year and Axis Nifty 100 Index Fund (Direct) returned 8.8% a year. Aditya Birla Sun Life Retirement Fund-The 40s Plan charges 1.18% a year and Axis Nifty 100 Index Fund 0.26% (Direct plans). Their portfolios overlap 39.9%: they hold 27 of the same securities.
Aditya Birla Sun Life Retirement Fund-The 40s Plan
Solution
- 3 year return
- 10.8%
- Expense ratio
- 1.18%
- NAV
- ₹20.75
Axis Nifty 100 Index Fund
Index
- 3 year return
- 8.8%
- Expense ratio
- 0.26%
- NAV
- ₹21.51
Which is better, Aditya Birla Sun Life Retirement Fund-The 40s Plan or Axis Nifty 100 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 Retirement Fund-The 40s Plan returned more over 5 years: 8.6% a year against 7.0%.
- Aditya Birla Sun Life Retirement Fund-The 40s Plan returned more over 3 years: 10.8% a year against 8.8%.
- Axis Nifty 100 Index costs less: 0.26% a year against 1.18% (Direct plans).
- Aditya Birla Sun Life Retirement Fund-The 40s Plan swung less over 3 years: a standard deviation of 10.7% a year against 13.6%.
- Aditya Birla Sun Life Retirement Fund-The 40s Plan fell less in its worst fall since 23-10-2019: −27.3% against −37.0%.
- Axis Nifty 100 Index holds more in large companies: 98.0% of the fund in large caps against 50.5%.
- Axis Nifty 100 Index is the larger fund: ₹1,989 Cr against ₹110 Cr.
- Their portfolios overlap 39.9%: 27 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 Retirement Fund-The 40s Plan | Axis Nifty 100 Index Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Axis Mutual Fund |
| Category | Solution | Index |
| AUM | ₹110 Cr (30-09-2026) | ₹1,989 Cr (30-09-2026) |
| NAV | ₹20.75 (Direct) | ₹21.51 (Direct) |
| Expense ratio (Direct) | 1.18% | 0.26% |
| Expense ratio (Regular) | 2.42% | 0.97% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | Nifty 100 TRI |
| Launch date | 11-03-2019 | 18-10-2019 |
| Minimum investment | ₹1,000 | ₹100 |
| Lock in | 5 years, or until retirement if earlier | None |
| Fund managers | Mohit Sharma, Harshil Suvarnkar | Nandik Malik, Rohit Gautam |
| Exit load | Nil | Nil |
Aditya Birla Sun Life Retirement Fund-The 40s Plan vs Axis Nifty 100 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 Retirement Fund-The 40s Plan (Direct) | −0.54% | −3.90% | −0.37% | −3.62% | +10.78% | +8.57% | -- |
| Axis Nifty 100 Index Fund (Direct) | +1.02% | −5.36% | −3.09% | −8.92% | +8.79% | +6.97% | -- |
Aditya Birla Sun Life Retirement Fund-The 40s Plan vs Axis Nifty 100 Index: Year-wise Returns
| Year | Aditya Birla Sun Life Retirement Fund-The 40s PlanAditya Birla Sun Life Retirement Fund-The 40s Plan | Axis Nifty 100 IndexAxis Nifty 100 Index |
|---|---|---|
| 2026to date | −2.30% | −9.51% |
| 2025 | +5.82% | +10.02% |
| 2024 | +19.20% | +12.57% |
| 2023 | +20.66% | +20.95% |
| 2022 | +1.61% | +4.79% |
| 2021 | +12.52% | +25.90% |
Aditya Birla Sun Life Retirement Fund-The 40s Plan vs Axis Nifty 100 Index: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Axis Nifty 100 Index Fund
Rolling returns
Every 3-year holding period, 989 of them, one for each trading day from 25-10-2022 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 Retirement Fund-The 40s Plan (Direct)
Axis Nifty 100 Index Fund (Direct)
Nifty 100 TRI
to
Feb 2023Oct 2020
to
Oct 2023Jul 2021
to
Jul 2024Mar 2022
to
Mar 2025Nov 2022
to
Nov 2025Jul 2023
to
Jul 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 Retirement Fund-The 40s Plan | 0.0 | 0.0 | 7.3 | 75.4 | 17.3 | 0.0 | 0.0 | 13.1% | 13.0% | 7.8% | 18.9% | 43% |
| Axis Nifty 100 Index | 0.0 | 0.0 | 6.4 | 42.7 | 38.5 | 9.9 | 2.5 | 15.4% | 15.1% | 6.8% | 30.4% | 0% |
| Nifty 100 TRI | 0.0 | 0.0 | 5.0 | 40.5 | 41.1 | 9.8 | 3.6 | 15.7% | 15.4% | 7.1% | 31.4% | -- |
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 Nifty 100 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 23-10-2019. Past returns do not promise future returns.
Aditya Birla Sun Life Retirement Fund-The 40s Plan vs Axis Nifty 100 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 01-10-2019 to 30-10-2026: 85 instalments, ₹8,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Retirement Fund-The 40s PlanAditya Birla Sun Life Retirement Fund-The 40s Plan (Direct) | ₹8,50,000 | ₹12,09,239 | ₹3,59,239 | 9.8% |
| Axis Nifty 100 IndexAxis Nifty 100 Index Fund (Direct) | ₹8,50,000 | ₹11,94,685 | ₹3,44,685 | 9.5% |
Aditya Birla Sun Life Retirement Fund-The 40s PlanAditya Birla Sun Life Retirement Fund-The 40s Plan (Direct)
Axis Nifty 100 IndexAxis Nifty 100 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 Retirement Fund-The 40s Plan vs Axis Nifty 100 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 Retirement Fund-The 40s Plan (Direct) | Axis Nifty 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.62% | −8.92% |
| Standard deviation | 10.66% | 13.88% |
| Sharpe ratio | -0.83 | -1.02 |
| Sortino ratio | -1.11 | -1.36 |
| Maximum drawdown | −9.8% (30-03-2026) | −14.9% (31-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.24% |
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 Retirement Fund-The 40s Plan (Direct) | Axis Nifty 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.78% | +8.79% |
| Standard deviation | 10.66% | 13.63% |
| Sharpe ratio | 0.45 | 0.20 |
| Sortino ratio | 0.61 | 0.28 |
| Maximum drawdown | −11.1% (28-02-2025) | −17.3% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.29% |
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 Retirement Fund-The 40s Plan (Direct) | Axis Nifty 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.57% | +6.97% |
| Standard deviation | 10.53% | 13.91% |
| Sharpe ratio | 0.26 | 0.08 |
| Sortino ratio | 0.36 | 0.12 |
| Maximum drawdown | −14.6% (17-06-2022) | −17.3% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.24% |
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 Retirement Fund-The 40s Plan (Direct) | Axis Nifty 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.02% | +11.58% |
| Standard deviation | 11.94% | 17.02% |
| Sharpe ratio | 0.41 | 0.38 |
| Sortino ratio | 0.54 | 0.51 |
| Maximum drawdown | −27.3% (23-03-2020) | −37.0% (23-03-2020) |
| Beta | -- | 0.99 |
| Alpha | -- | −0.21% |
From daily NAVs, 13-03-2019 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 Retirement Fund-The 40s Plan (Direct)
Axis Nifty 100 Index Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Retirement Fund-The 40s Plan (Direct) | −27.3% | 13-02-2020 | 23-03-2020 | 26-08-2020 | 5 months | −5.7% |
| Axis Nifty 100 Index Fund (Direct) | −37.0% | 17-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −10.4% |
| Nifty 100 TRI | −37.9% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −10.1% |
From daily values since 23-10-2019, 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 Retirement Fund-The 40s Plan (Direct)
Axis Nifty 100 Index Fund (Direct)
Nifty 100 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 Retirement Fund-The 40s Plan (Direct)
Axis Nifty 100 Index Fund (Direct)
Nifty 100 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 Retirement Fund-The 40s Plan (Direct)
Axis Nifty 100 Index Fund (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Retirement Fund-The 40s Plan (Direct) | 74% | 65% | 7.18% |
| Axis Nifty 100 Index Fund (Direct) | 99% | 100% | 0.37% |
From month-end values since 23-10-2019. 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 Retirement Fund-The 40s Plan vs Axis Nifty 100 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Retirement Fund-The 40s Plan, September 2026; Axis Nifty 100 Index Fund, September 2026
Holdings in common
- Overlap
- 39.9%
- Held by both
- 27
- Only in Aditya Birla Sun Life Retirement Fund-The 40s Plan
- 35
- Only in Axis Nifty 100 Index
- 73
| Security | % of Aditya Birla Sun Life Retirement Fund-The 40s Plan | % of Axis Nifty 100 Index |
|---|---|---|
| ICICI Bank Ltd. | 6.37% | 7.34% |
| HDFC Bank Ltd. | 4.07% | 8.42% |
| Reliance Industries Ltd. | 2.84% | 6.15% |
| Infosys Ltd. | 2.94% | 2.72% |
| State Bank of India | 2.50% | 3.07% |
| Kotak Mahindra Bank Ltd. | 2.31% | 2.38% |
| Axis Bank Ltd. | 2.23% | 2.73% |
| Larsen & Toubro Ltd. | 2.05% | 3.41% |
| Sun Pharmaceutical Industries Ltd. | 2.76% | 1.49% |
| Eternal Ltd. | 1.46% | 1.80% |
| Titan Company Ltd. | 1.21% | 1.47% |
| NTPC Ltd. | 1.50% | 1.19% |
| Hindalco Industries Ltd. | 2.14% | 1.06% |
| Ultratech Cement Ltd. | 2.83% | 1.00% |
| Bajaj Finance Ltd. | 0.95% | 2.03% |
| Bajaj Auto Ltd. | 1.63% | 0.92% |
| Adani Ports and Special Economic Zone Ltd. | 0.82% | 1.09% |
| Oil & Natural Gas Corporation Ltd. | 1.15% | 0.68% |
| Apollo Hospitals Enterprise Ltd. | 1.63% | 0.65% |
| SBI Life Insurance Co. Ltd. | 0.77% | 0.59% |
| Torrent Pharmaceuticals Ltd. | 1.75% | 0.55% |
| Vedanta Aluminium Metal Ltd. | 1.13% | 0.54% |
| Avenue Supermarts Ltd. | 1.38% | 0.48% |
| Vedanta Ltd. | 0.71% | 0.35% |
| Bank of Baroda | 0.63% | 0.33% |
| Godrej Consumer Products Ltd. | 0.50% | 0.26% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.25% | 0.54% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.9% means 39.9% 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 Retirement Fund-The 40s Plan
| Security | % of fund |
|---|---|
| Government of India (06/10/2035) | 6.52% |
| Government of India (22/04/2064) | 3.03% |
| Sai Life Sciences Ltd. | 2.08% |
| Coforge Ltd. | 1.98% |
| Government of India (17/04/2030) | 1.84% |
Largest holdings only in Axis Nifty 100 Index Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Limited | 4.14% |
| Mahindra & Mahindra Limited | 2.04% |
| ITC Limited | 1.96% |
| Tata Consultancy Services Limited | 1.62% |
| Hindustan Unilever Limited | 1.29% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Retirement Fund-The 40s Plan | Axis Nifty 100 Index |
|---|---|---|
| Equity | 78.2% | 100.0% |
| Debt | 13.2% | 0.0% |
| Cash and others | 8.6% | -0.0% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Retirement Fund-The 40s Plan | Axis Nifty 100 Index |
|---|---|---|
| Large Cap | 50.5% | 98.0% |
| Mid Cap | 13.5% | 2.0% |
| Small Cap | 12.7% | 0.0% |
| Not on AMFI's list | 1.5% | 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 Retirement Fund-The 40s Plan | Axis Nifty 100 Index |
|---|---|---|
| Banks | 19.8% | 25.1% |
| Petroleum Products | 2.8% | 7.0% |
| IT - Software | 5.2% | 6.7% |
| Pharmaceuticals & Biotechnology | 6.6% | 4.3% |
| Automobiles | 1.6% | 6.4% |
| Finance | 2.2% | 6.2% |
| Consumer Durables | 5.2% | 2.3% |
| Telecom - Services | 1.3% | 4.4% |
| Retailing | 3.8% | 3.0% |
| Insurance | 3.6% | 1.0% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Retirement Fund-The 40s Plan vs Axis Nifty 100 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Retirement Fund-The 40s Plan | Axis Nifty 100 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.18% | 0.26% |
| Base expense ratio (Direct) | 1.00% | 0.18% |
| Total expense ratio (Regular) | 2.42% | 0.97% |
| Base expense ratio (Regular) | 2.09% | 0.79% |
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.
Aditya Birla Sun Life Retirement Fund-The 40s Plan vs Axis Nifty 100 Index Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Retirement Fund-The 40s Plan and Axis Nifty 100 Index Fund?
Aditya Birla Sun Life Retirement Fund-The 40s Plan is a Solution fund, Axis Nifty 100 Index Fund is an Index fund, run by Aditya Birla Sun Life Mutual Fund and Axis Mutual Fund. Their portfolios overlap 39.9%. Aditya Birla Sun Life Retirement Fund-The 40s Plan charges 1.18% a year and Axis Nifty 100 Index Fund 0.26%.
Which has given higher returns, Aditya Birla Sun Life Retirement Fund-The 40s Plan or Axis Nifty 100 Index Fund?
Over 1 year: Aditya Birla Sun Life Retirement Fund-The 40s Plan −3.62%, Axis Nifty 100 Index Fund −8.92%. Over 3 years: Aditya Birla Sun Life Retirement Fund-The 40s Plan +10.78% a year, Axis Nifty 100 Index Fund +8.79% a year. Over 5 years: Aditya Birla Sun Life Retirement Fund-The 40s Plan +8.57% a year, Axis Nifty 100 Index Fund +6.97% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Retirement Fund-The 40s Plan or Axis Nifty 100 Index Fund?
Axis Nifty 100 Index Fund charges less: 0.26% a year against 1.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Retirement Fund-The 40s Plan and Axis Nifty 100 Index Fund overlap?
39.9%. They hold 27 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Retirement Fund-The 40s Plan or Axis Nifty 100 Index Fund?
On SEBI's riskometer, Aditya Birla Sun Life Retirement Fund-The 40s Plan is rated Very High and Axis Nifty 100 Index Fund Very High. Over 3 years, the standard deviation of daily returns was 10.66% and 13.63% a year.
Which is better for SIP, Aditya Birla Sun Life Retirement Fund-The 40s Plan or Axis Nifty 100 Index Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,58,402 in Aditya Birla Sun Life Retirement Fund-The 40s Plan (XIRR 8.5% a year) and ₹7,06,250 in Axis Nifty 100 Index Fund (XIRR 5.7% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Retirement Fund-The 40s Plan and Axis Nifty 100 Index Fund?
Yes. 39.9% 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 Retirement Fund-The 40s Plan and Axis Nifty 100 Index Fund?
Aditya Birla Sun Life Retirement Fund-The 40s Plan: Mohit Sharma, Harshil Suvarnkar. Axis Nifty 100 Index Fund: Nandik Malik, Rohit Gautam.
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.