Aditya Birla Sun Life Value Fund vs Union Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Value Fund and Union Value Fund are both Value and Contra funds. In the 3 years to 30-10-2026, Aditya Birla Sun Life Value Fund (Direct) returned 4.9% a year and Union Value Fund (Direct) returned 10.9% a year. Aditya Birla Sun Life Value Fund charges 1.22% a year and Union Value Fund 1.51% (Direct plans). Their portfolios overlap 37.6%: they hold 26 of the same securities.
Aditya Birla Sun Life Value Fund
Value and Contra
- 3 year return
- 4.9%
- Expense ratio
- 1.22%
- NAV
- ₹144.83
Which is better, Aditya Birla Sun Life Value or Union Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Union Value returned more over 5 years: 10.8% a year against 5.0%.
- Union Value returned more over 3 years: 10.9% a year against 4.9%.
- Aditya Birla Sun Life Value costs less: 1.22% a year against 1.51% (Direct plans).
- Union Value swung less over 3 years: a standard deviation of 14.7% a year against 16.5%.
- Union Value fell less in its worst fall since 12-12-2018: −37.7% against −44.2%.
- Aditya Birla Sun Life Value is the larger fund: ₹6,659 Cr against ₹378 Cr.
- Their portfolios overlap 37.6%: 26 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 Value Fund | Union Value Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Union Mutual Fund |
| Category | Value and Contra | Value and Contra |
| AUM | ₹6,659 Cr (30-09-2026) | ₹378 Cr (30-09-2026) |
| NAV | ₹144.83 (Direct) | ₹28.96 (Direct) |
| Expense ratio (Direct) | 1.22% | 1.51% |
| Expense ratio (Regular) | 2.02% | 2.56% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | BSE 500 TRI |
| Launch date | 27-03-2008 | 05-12-2018 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Kunal Sangoi | Vinod Malviya, Gaurav Chopra |
| Exit load | For redemption /switch-out of units on or before 90 days from the date of allotment: 1.00% of applicable NAV. For redemption/ switch-out of units after 90 days from the date of allotment: Nil. | Exit load of 1%, if redeemed within 15 days. |
Aditya Birla Sun Life Value vs Union Value: 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 Value Fund (Direct) | −4.68% | −6.03% | −7.78% | −6.14% | +4.90% | +5.05% | +5.16% |
| Union Value Fund (Direct) | −2.10% | −6.46% | −3.53% | −6.91% | +10.89% | +10.75% | -- |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | -- |
Category average: the average of the 30 Value and Contra funds, same plan type.
Aditya Birla Sun Life Value vs Union Value: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Value | UnionUnion Value |
|---|---|---|
| 2026to date | −8.02% | −6.82% |
| 2025 | −2.97% | +7.95% |
| 2024 | +11.10% | +17.94% |
| 2023 | +34.31% | +34.56% |
| 2022 | −1.72% | +5.90% |
| 2021 | +35.68% | +33.20% |
Aditya Birla Sun Life Value vs Union Value: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Aditya Birla Sun Life Value Fund
Rolling returns
Every 3-year holding period, 1,204 of them, one for each trading day from 13-12-2021 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 Value Fund (Regular)
Union Value Fund (Direct)
Nifty 500 TRI
to
May 2022Mar 2020
to
Mar 2023Dec 2020
to
Dec 2023Oct 2021
to
Oct 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 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 Value | 0.0 | 0.0 | 3.9 | 12.7 | 37.0 | 27.3 | 19.0 | 19.8% | 19.6% | 6.2% | 33.8% | 76% |
| Union Value | 0.0 | 0.0 | 0.0 | 9.3 | 43.6 | 35.3 | 11.7 | 20.2% | 19.8% | 10.2% | 35.3% | 94% |
| Nifty 500 TRI | 0.0 | 0.0 | 1.6 | 19.4 | 53.7 | 18.9 | 6.4 | 18.0% | 17.7% | 8.8% | 33.5% | -- |
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 12-12-2018. Past returns do not promise future returns.
Aditya Birla Sun Life Value vs Union Value: 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 03-12-2018 to 30-10-2026: 95 instalments, ₹9,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life ValueAditya Birla Sun Life Value Fund (Regular) | ₹9,50,000 | ₹17,00,420 | ₹7,50,420 | 14.4% |
| Union ValueUnion Value Fund (Direct) | ₹9,50,000 | ₹16,66,329 | ₹7,16,329 | 13.9% |
Aditya Birla Sun Life ValueAditya Birla Sun Life Value Fund (Regular)
Union ValueUnion Value 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 Value vs Union Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Value Fund (Direct) | Union Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.19% | −6.91% |
| Standard deviation | 15.59% | 14.74% |
| Sharpe ratio | -0.32 | -0.82 |
| Sortino ratio | -0.44 | -1.10 |
| Maximum drawdown | −13.2% (31-03-2026) | −12.8% (31-03-2026) |
| Beta | 1.05 | 1.01 |
| Alpha | +8.13% | +0.85% |
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 Value Fund (Direct) | Union Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.57% | +10.89% |
| Standard deviation | 16.55% | 14.66% |
| Sharpe ratio | 0.34 | 0.33 |
| Sortino ratio | 0.44 | 0.44 |
| Maximum drawdown | −22.6% (03-03-2025) | −17.9% (03-03-2025) |
| Beta | 1.11 | 1.00 |
| Alpha | +0.88% | +0.98% |
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 Value Fund (Direct) | Union Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.53% | +10.75% |
| Standard deviation | 16.95% | 14.39% |
| Sharpe ratio | 0.34 | 0.34 |
| Sortino ratio | 0.44 | 0.46 |
| Maximum drawdown | −22.9% (20-06-2022) | −17.9% (03-03-2025) |
| Beta | 1.12 | 0.98 |
| Alpha | +2.35% | +2.16% |
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 Value Fund (Direct) | Union Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.13% | +14.30% |
| Standard deviation | 17.44% | 16.90% |
| Sharpe ratio | 0.39 | 0.54 |
| Sortino ratio | 0.52 | 0.72 |
| Maximum drawdown | −58.5% (23-03-2020) | −37.7% (23-03-2020) |
| Beta | -- | 0.97 |
| Alpha | -- | +1.44% |
From daily NAVs, 03-01-2011 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 Value Fund (Regular)
Union Value 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 Value Fund (Regular) | −44.2% | 27-05-2019 | 23-03-2020 | 09-12-2020 | 9 months | −8.9% |
| Union Value Fund (Direct) | −37.7% | 17-01-2020 | 23-03-2020 | 05-11-2020 | 7 months | −8.5% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 12-12-2018, 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 Value Fund (Regular)
Union Value 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 Value Fund (Regular)
Union Value 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 Value Fund (Regular)
Union Value Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Value Fund (Regular) | 106% | 113% | 7.19% |
| Union Value Fund (Direct) | 100% | 93% | 3.93% |
From month-end values since 12-12-2018. 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 Value vs Union Value: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Value Fund, September 2026; Union Value Fund, September 2026
Holdings in common
- Overlap
- 37.6%
- Held by both
- 26
- Only in Aditya Birla Sun Life Value
- 42
- Only in Union Value
- 45
| Security | % of Aditya Birla Sun Life Value | % of Union Value |
|---|---|---|
| HDFC Bank Ltd. | 4.89% | 4.12% |
| Reliance Industries Ltd. | 3.14% | 3.75% |
| ICICI Bank Ltd. | 2.96% | 6.44% |
| State Bank of India | 3.27% | 2.93% |
| Shriram Finance Ltd. | 3.10% | 2.73% |
| Tech Mahindra Ltd. | 2.66% | 2.19% |
| NTPC Ltd. | 2.01% | 2.21% |
| Axis Bank Ltd. | 1.98% | 3.21% |
| Jindal Steel Ltd. | 1.35% | 1.92% |
| Carborundum Universal Ltd. | 1.33% | 1.41% |
| Mphasis Ltd. | 1.25% | 1.27% |
| Tube Investments of India Ltd. | 1.47% | 1.19% |
| Balrampur Chini Mills Ltd. | 0.97% | 1.23% |
| Infosys Ltd. | 1.85% | 0.95% |
| Vedanta Aluminium Metal Ltd. | 1.38% | 0.92% |
| Adani Enterprises Ltd. | 2.35% | 0.88% |
| Adani Ports and Special Economic Zone Ltd. | 1.89% | 0.86% |
| Ajanta Pharma Ltd. | 0.82% | 1.64% |
| LTM Ltd. | 1.48% | 0.80% |
| HDFC Life Insurance Company Ltd. | 1.88% | 0.79% |
| Power Mech Projects Ltd. | 0.73% | 1.51% |
| Tata Steel Ltd. | 0.67% | 0.83% |
| Bharat Heavy Electricals Ltd. | 2.32% | 0.55% |
| Ujjivan Small Finance Bank Ltd. | 0.55% | 1.64% |
| ITC Ltd. | 2.20% | 0.49% |
| Bharat Electronics Ltd. | 0.49% | 1.20% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.6% means 37.6% 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 Value Fund
| Security | % of fund |
|---|---|
| Swiggy Ltd. | 3.40% |
| Minda Corporation Ltd. | 3.10% |
| Welspun Corp Ltd. | 2.75% |
| PNB Housing Finance Ltd. | 2.25% |
| Apollo Hospitals Enterprise Ltd. | 1.95% |
Largest holdings only in Union Value Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Ltd. | 2.98% |
| Larsen & Toubro Ltd. | 2.16% |
| Gabriel India Ltd. | 2.02% |
| Maruti Suzuki India Ltd. | 2.00% |
| Nippon Life India Asset Management Ltd. | 1.67% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Value | Union Value |
|---|---|---|
| Equity | 97.7% | 96.3% |
| Debt | 0.0% | 0.1% |
| Cash and others | 2.3% | 3.6% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Value | Union Value |
|---|---|---|
| Large Cap | 52.2% | 55.5% |
| Mid Cap | 13.4% | 14.6% |
| Small Cap | 32.1% | 25.4% |
| Not on AMFI's list | 0.0% | 0.8% |
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 Value | Union Value |
|---|---|---|
| Banks | 14.6% | 21.1% |
| IT - Software | 8.9% | 6.9% |
| Auto Components | 7.5% | 4.1% |
| Finance | 6.7% | 3.7% |
| Industrial Products | 5.7% | 3.0% |
| Pharmaceuticals & Biotechnology | 4.9% | 5.6% |
| Construction | 2.5% | 5.6% |
| Petroleum Products | 3.1% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Value vs Union Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Value Fund | Union Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.22% | 1.51% |
| Base expense ratio (Direct) | 0.87% | 1.08% |
| Total expense ratio (Regular) | 2.02% | 2.56% |
| Base expense ratio (Regular) | 1.56% | 2.10% |
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 Value with
Aditya Birla Sun Life Value Fund vs Union Value Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Value Fund and Union Value Fund?
Both are Value and Contra funds, run by Aditya Birla Sun Life Mutual Fund and Union Mutual Fund. Their portfolios overlap 37.6%. Aditya Birla Sun Life Value Fund charges 1.22% a year and Union Value Fund 1.51%.
Which has given higher returns, Aditya Birla Sun Life Value Fund or Union Value Fund?
Over 1 year: Aditya Birla Sun Life Value Fund −6.14%, Union Value Fund −6.91%. Over 3 years: Aditya Birla Sun Life Value Fund +4.90% a year, Union Value Fund +10.89% a year. Over 5 years: Aditya Birla Sun Life Value Fund +5.05% a year, Union Value Fund +10.75% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Value Fund or Union Value Fund?
Aditya Birla Sun Life Value Fund charges less: 1.22% a year against 1.51%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Value Fund and Union Value Fund overlap?
37.6%. They hold 26 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Value Fund or Union Value Fund?
On SEBI's riskometer, Aditya Birla Sun Life Value Fund is rated Very High and Union Value Fund Very High. Over 3 years, the standard deviation of daily returns was 16.55% and 14.66% a year.
Which is better for SIP, Aditya Birla Sun Life Value Fund or Union Value Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,06,346 in Aditya Birla Sun Life Value Fund (XIRR 10.9% a year) and ₹7,73,448 in Union Value Fund (XIRR 9.3% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Value Fund and Union Value Fund?
Yes. 37.6% 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 Value Fund and Union Value Fund?
Aditya Birla Sun Life Value Fund: Kunal Sangoi. Union Value Fund: Vinod Malviya, Gaurav Chopra.
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.