Aditya Birla Sun Life Small Cap Fund vs Carnelian Small Cap Fund
Aditya Birla Sun Life Small Cap Fund and Carnelian Small Cap Fund are both Small Cap funds. As of 13 Nov 2026 (Direct plan, Growth option): 3-year CAGR +15.20% vs —, 5-year CAGR +13.30% vs —, volatility 20.33% vs —, maximum drawdown −57.41% vs —.
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Aditya Birla Sun Life Small Cap | Carnelian Small Cap | |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Carnelian Mutual Fund |
| Compared as | Small Cap | Small Cap |
| NAV | ₹115.5495 | — |
| NAV date | 13 Nov 2026 | — |
| Launched (first NAV) | 7 Jan 2013 | — |
| Track record | 13.8 yrs | — |
| Fund size (AUM) | ₹5,870 Cr | — |
| Securities held | 86 | — |
| Portfolio as of | 31 Oct 2026 | Not disclosed yet |
| Fund page | Full record → | Full record → |
Returns
| Aditya Birla Sun Life Small Cap | Carnelian Small Cap | |
|---|---|---|
| 1 month | +2.29% | — |
| 3 months | +0.25% | — |
| 6 months | +12.36% | — |
| 1 year | +15.91% | — |
| 3 years (CAGR) | +15.20% | — |
| 5 years (CAGR) | +13.30% | — |
| 7 years (CAGR) | +20.08% | — |
| 10 years (CAGR) | +14.03% | — |
| Since launch (CAGR) | +16.82% | — |
| SIP return (XIRR, 5 years) ⓘ | +16.70% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Aditya Birla Sun Life Small Cap | Carnelian Small Cap | |
|---|---|---|
| 2026 (year to date) | +19.56% | — |
| 2025 | −2.81% | — |
| 2024 | +22.75% | — |
| 2023 | +40.87% | — |
| 2022 | −5.48% | — |
| 2021 | +52.88% | — |
Risk
| Aditya Birla Sun Life Small Cap | Carnelian Small Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 20.33% | — |
| Downside volatility ⓘ | 12.74% | — |
| Sharpe ratio ⓘ | 0.43 | — |
| Sortino ratio ⓘ | 0.68 | — |
| Maximum drawdown ⓘ | −57.41% | — |
| Recovery from that fall | 12 months | — |
| Current fall from peak | −1.79% | — |
| Rolling 1-year return: worst | −44.55% | — |
| Rolling 1-year return: median | +17.23% | — |
| Rolling 1-year return: best | +125.38% | — |
| Share of 1-year periods with a loss | 26.18% | — |
Against each fund's benchmark
| Aditya Birla Sun Life Small Cap | Carnelian Small Cap | |
|---|---|---|
| Beta ⓘ | 0.90 | — |
| Alpha (Jensen's, annualised) ⓘ | +0.57% | — |
| R² ⓘ | 93.35 | — |
| Upside capture | 95.08% | — |
| Downside capture | 93.16% | — |
| Tracking error | 5.70% | — |
| Information ratio | -0.01 | — |
| Treynor ratio | 8.49 | — |
Portfolio
Carnelian Small Cap Fund has no usable portfolio disclosure on file yet, so portfolio comparisons are shown only where available.
Asset mix
| Aditya Birla Sun Life Small Cap | Carnelian Small Cap | |
|---|---|---|
| Equity | 95.68% | — |
| Cash & equivalents | 4.29% | — |
Market-cap split (share of fund assets)
| Aditya Birla Sun Life Small Cap | Carnelian Small Cap | |
|---|---|---|
| Large Cap | 1.96% | — |
| Mid Cap | 12.15% | — |
| Small Cap | 75.65% | — |
| Unclassified | 5.95% | — |
Concentration
| Aditya Birla Sun Life Small Cap | Carnelian Small Cap | |
|---|---|---|
| Top 10 holdings | 25.42% | — |
| Effective number of stocks ⓘ | 66.5 | — |
| Securities held | 86 | — |
Top 10 holdings
Aditya Birla Sun Life Small Cap
- Sai Life Sciences Limited3.35%
- TD Power Systems Limited3.21%
- Multi Commodity Exchange of India Limited2.71%
- Navin Fluorine International Limited2.66%
- Shaily Engineering Plastics Limited2.53%
- Ather Energy Limited2.33%
- Acutaas Chemicals Limited2.26%
- Karur Vysya Bank Limited2.22%
- Granules India Limited2.09%
- Meesho Ltd2.06%
Carnelian Small Cap
Not disclosed yet.
Sector exposure
| Aditya Birla Sun Life Small Cap | Carnelian Small Cap | |
|---|---|---|
| Pharmaceuticals & Biotechnology | 13.72% | — |
| Banks | 8.08% | — |
| Auto Components | 7.74% | — |
| Electrical Equipment | 6.36% | — |
| Consumer Durables | 6.29% | — |
| Finance | 5.31% | — |
| Industrial Products | 4.37% | — |
| Chemicals & Petrochemicals | 4.19% | — |
| Food Products | 3.47% | — |
| Retailing | 3.19% | — |
| Industrial Manufacturing | 3.16% | — |
| Textiles & Apparels | 3.05% | — |
| Healthcare Services | 3.04% | — |
| Capital Markets | 2.71% | — |
Questions people ask
What is the difference between Aditya Birla Sun Life Small Cap and Carnelian Small Cap returns?
As of 13 Nov 2026, Direct plan Growth option: 1-year return +15.91% vs —; 3-year CAGR +15.20% vs —; 5-year CAGR +13.30% vs —; 10-year CAGR +14.03% vs —. Past returns do not indicate future returns.
How do Aditya Birla Sun Life Small Cap and Carnelian Small Cap compare on risk?
Volatility (36 monthly returns, annualised) 20.33% vs —; Sharpe ratio 0.43 vs —; Sortino ratio 0.68 vs —; maximum drawdown −57.41% vs —; beta 0.90 vs —.
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
Aditya Birla Sun Life Small Cap vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 13 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.