61%
1-year holding
of 181 windows beat the index
Avg / yr+20.7%
Equity: Mid & Small Cap
Aditya Birla Sun Life (ABSL) - SSP
9.1
Nyra score
Independently scored
16-yr track record · since Oct 2009BlendAUM ₹651 CrMax drawdown −20.27%SEBI-registered PMS
3Y CAGR
27.3%
vs 14.9% index
5Y CAGR
22.9%
vs 13.9% index
Since inception
17.2%
CAGR · net of fees
₹1 Cr became
₹12.67 Cr
index ₹6.40 Cr
AUM
₹651 Cr
strategy size
Minimum
₹50 L
SEBI minimum
Snapshot
What this strategy is
The investment objective of the portfolio is to generate long-term capital appreciation and reasonable income in the form of dividends by investing in equity and equity related securities. Invest in High Quality businesses in Sectors with consistent Growth and ROE by identifying and participating in growth of these businesses over medium to long term as also practice Value Investing while making investment decisions.
Performance · what ₹1 crore would have become
₹12.67 Cr
+1167% · 12.7× your money
- This strategy₹12.67 Cr
- S&P BSE 500 Total Return Index₹6.40 Cr
₹1 Cr invested at inception (Oct 2009)16.0 yrs
Illustrative monthly path, net of fees, modelled to the strategy's since-inception CAGR versus the S&P BSE 500 Total Return Index. Not the actual NAV series; past performance is not indicative of future returns.
Returns
Trailing returns vs benchmark
Absolute for windows under a year, annualised (CAGR) beyond. Alpha is the strategy minus its benchmark.
1M
3M
6M
1Y
3Y
5Y
SI
This strategy15.7%
7.3%
5.8%
19%
27.3%
22.9%
17.2%
S&P BSE 500 Total Return Index
10.4%
-1.7%
-4.3%
3.6%
14.9%
13.9%
12.3%
Alpha
+5.3%
+9%
+10.1%
+15.4%
+12.4%
+9%
+4.9%
Reliability
How often it has beaten the index
Across every rolling holding period in the modelled history — the longer you hold, the more the odds have favoured the strategy.
66%
3-year holding
of 157 windows beat the index
Avg / yr+21.0%
81%
5-year holding
of 133 windows beat the index
Avg / yr+20.6%
98%
7-year holding
of 109 windows beat the index
Avg / yr+19.6%
Computed on an illustrative monthly path modelled to the since-inception CAGR — not the actual NAV series.
Risk
The quality of those returns
Returns mean little without the ride that earned them.
−20.27%
Max drawdown
-22.0%
Worst 1-yr window
21.7%
Volatility (ann.)
1.14
Sharpe ratio
In its worst stretch the strategy fell −20.27% peak-to-trough. A Sharpe of 1.14 means it earned a healthy return for each unit of risk taken. Size the position so a drawdown of that order is one you can sit through.
Portfolio
Under the hood — where the money sits
A focused book of about 40 stocks, spread across the market-cap curve.
Market-cap mix
- Large9%
- Mid12%
- Small70%
- Cash / Debt9%
Concentration
Holdings40 stocks
Cash / debt buffer4%
Top holdings and the sector book stream from the live feed — ask Nyra for the current portfolio.
Manager
Who runs the money
A strategy is only as good as the hand on the wheel.
SS
View full profile Fund manager
Salvin Shah
Aditya Birla Sun Life (ABSL) · 16-yr strategy tenure · ₹651 Cr managed
Investment philosophy
Aditya Birla Sun Life (ABSL)'s Mid & Small Cap approach blends valuation discipline with growth conviction, tilting toward whichever side the cycle is paying for. It is benchmarked to the S&P BSE 500 Total Return Index but invests with conviction rather than hugging the index.
Conviction over the index
A focused book of roughly 40 holdings means the highest-conviction ideas actually move the portfolio.
Through the cycle
A 16-year track record across rallies and drawdowns — positioning shifts with the cycle rather than chasing the last quarter.
Risk first
Drawdowns are managed deliberately; the worst peak-to-trough on record is about −20.27%.
Nyra's read
A high-conviction mid & small cap strategy with a strong scorecard.
Nyra scores Aditya Birla Sun Life (ABSL) - SSP 9.1/10, on a since-inception CAGR near 17.2% and a 3-year CAGR of 27.3%. Its sharpest fall on record is about −20.27% — size the position so that ride is one you can hold.
Best suited to
Investors with a 5-year-plus horizon who want active Mid & Small Cap exposure and can sit through equity drawdowns.
Mind if
A −20.27% drawdown would test your nerve, or you need ₹50 L+ to commit at the SEBI minimum.
Pairs well with
A steadier core (large-cap or hybrid) so this can play the higher-conviction satellite in your overall allocation.
Facts & fees
The fine print, in plain sight
- Inception
- Oct 2009
- Track record
- 16 years
- Category
- Equity: Mid & Small Cap
- Style
- Blend
- Benchmark
- S&P BSE 500 Total Return Index
- Holdings
- 40 stocks
- Fixed fee
- 2.50% fixed
- Performance fee
- 12% over 12.00% hurdle
- Minimum investment
- ₹50 L
- Lock-in / exit
- Exit Load: 1 Year: 2.00%, 2 Year: 1.00%, 3 Year: 0.00%
- Reporting
- Monthly + live login
- Regulator
- SEBI-registered PMS
PMS Sahi Hai is a SEBI-registered platform. Figures are sourced from the strategy's disclosures and the live feed; the growth chart, rolling-window and risk figures are modelled to the disclosed since-inception CAGR (illustrative, not the actual NAV series). Returns are net of fees where stated. Investments in PMS, AIF and GIFT City strategies are subject to market risk — past performance is not indicative of future results. This page is information, not investment advice.
What investors say
“I held two PMS for four years and couldn't tell you why. One 15-minute review showed me the overlap, the real post-tax number, and one fund worth replacing. Nobody had ever shown me that math.”
Rajesh K.HNI · Mumbai · ₹3.2 Cr · 2 PMS reviewedComposite client stories — names changed, numbers preserved.
FAQ
Aditya Birla Sun Life (ABSL) - SSP — common questions
What is Aditya Birla Sun Life (ABSL) - SSP?
Aditya Birla Sun Life (ABSL) - SSP is a Mid & Small Cap PMS strategy from Aditya Birla Sun Life (ABSL), managed by Salvin Shah. It follows a Blend style, is benchmarked to the S&P BSE 500 Total Return Index, and carries a Nyra score of 9.1/10.
Who should consider Aditya Birla Sun Life (ABSL) - SSP?
It suits investors with a five-year-plus horizon who want active Mid & Small Cap exposure and can stay invested through market drawdowns. The SEBI minimum is ₹50 L.
What returns has it delivered?
Since inception (Oct 2009) it has compounded at roughly 17.2% a year, with a 3-year CAGR of 27.3% against 14.9% for the S&P BSE 500 Total Return Index. Returns are net of fees; past performance is not a guarantee of future results.
What are the fees and lock-in?
2.50% fixed, with a performance fee of 12% over 12.00% hurdle. Exit / lock-in terms: Exit Load: 1 Year: 2.00%, 2 Year: 1.00%, 3 Year: 0.00%.
How risky is it?
Like all market-linked products it can fall in value; the worst drawdown on record is about −20.27%. Aditya Birla Sun Life (ABSL) is SEBI-registered and reports monthly. This page is information, not investment advice.
