Current Price
As of Dec 7, 2023
$22.1180 CAD
$0.0758 CAD | 0.34%
Overall Morningstar™ rating

Out of Funds
CIFSC category
Geographic Equity

Risk profile


As of Jun 30, 2023
Key reasons to invest in Sun Life Aditya Birla India Fund
  • Designed for long-term growth by investing primarily in large and mid-cap equity securities of companies located in India
  • Has a 20+ year track record, making it the longest-running India-focused strategy in Canada (Series A)
  • Blends top-down (sector allocation) and bottom-up (stock selection) approaches to build the portfolio
    Fund essentials

    • Inception date
      Apr 14, 1998
    • Benchmark
      MSCI India C$ Index
    • Management fee
    • Fund assets
      As of Nov 30, 2023
    • Number of holdings
      As of Sep 30, 2023
    • Distribution frequency
    • Min initial investment
    • Min additional investment
    Fund codes

    Investment growth

    Oct 31, 2023

      Compound returns

      As of Oct 31, 2023
      Fund %
      1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
      Fund %-

      Calendar returns

      As of Oct 31, 2023
      Fund %
        Fund %7.3-

          Risk & Statistics

          As of Oct 31, 2023
          • Risk measures (3 years)
          • Standard deviation
          • Alpha
          • Beta
          • R ²
          • Upside capture
          • Downside capture
          • Sharpe Ratio %

            Portfolio analysis

            Overall allocation

            As of Sep 30, 2023
            Asset allocation%
            International equity95.0
            Geographic allocation%

              Equity allocation

              As of Sep 30, 2023
              Sector allocation*%
              Consumer discretionary14.1
              Information technology9.8
              Consumer staples9.3
              Health care5.8
              Real Estate3.6
              Telecommunication services3.3
              Market capitalization%
              • *Global Industry Classification Standard (GICS).

              Morningstar Style Boxᵀᴹ

              As of Oct 31, 2023

              Equity style

              Large growth


                Top ten holdings

                As of Sep 30, 2023
                ICICI Bank Ltd7.9
                Reliance Industries Ltd6.4
                Infosys Ltd5.5
                HDFC Bank Ltd4.7
                Larsen & Toubro Ltd4.0
                State Bank of India2.9
                Bajaj Finance Ltd2.9
                Axis Bank Ltd2.8
                Mahindra & Mahindra Ltd2.8
                Sun Pharmaceuticals Industries Ltd2.4
                  • Cash and cash equivalents are not shown.
                  Management & Commentary


                  Management Company :

                  SLGI Asset Management Inc.


                  Aditya Birla Sun Life Asset Management Company Pte. Ltd.

                  One of the oldest private asset managers in India, the team has extensive experience managing assets on the ground in India.


                  Notes and disclosures

                    • Portfolio holdings are as at the date indicated and may change due to ongoing portfolio transactions of the investment funds.

                      Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. For periods greater than one year, the indicated rates of return are the average annual compounded total returns as of the date indicated including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

                      Ratings and/or ranking information is subject to change monthly.

                      Morningstar is an independent organization that groups funds with generally similar investment objectives for comparison purposes and ranks them on a historical basis.

                      Morningstar star ratings are an objective, quantitative measure of a fund's historical risk-adjusted performance relative to other funds in its category, and are calculated from a fund's 3, 5, and 10-year returns measured against 91-day Treasury bill and peer group returns. The top 10% of the funds in a category earn five stars; the next 22.5% four stars; the following 35% three stars; the next 22.5% two stars, and the bottom 10% one star. The Overall Rating is a weighted combination of the 3, 5, and 10-year ratings. Only funds with at least a three-year track record are considered, and ratings are calculated only for categories with at least 20 funds.

                      Morningstar quartile rankings show how well a fund has performed compared to all other funds in its peer group. Each fund within a peer group is ranked based on its performance, and these rankings are broken into quarters or quartiles. Within a group, the top 25% (or quarter) of the funds are in the first quartile, the next 25% are in the second quartile, the next group in the third quartile, and the bottom 25% of funds with the poorest relative performance are in the fourth quartile. The point in which half the funds had better performance and half had worse performance is the median. If 100 funds are being compared, there would be four quartiles of twenty-five funds each. The median would be the fiftieth fund.

                      For more details on the calculation of Morningstar star ratings or quartile rankings, please see

                      The Morningstar Style Box™ reveals a fund's investment strategy. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). For fixed-income funds the vertical axis shows the average credit quality of the bonds owned, and the horizontal axis shows interest rate sensitivity as measured by a bond's duration (short, intermediate or long).

                      Morningstar Market Capitalization Breakdown Stocks are first divided into seven style zones based on their country of domicile: United States, Latin America, Canada, Europe, Japan, Asia ex-Japan, and Australia/New Zealand. Capitalization assignments are determined as follows: 1) For all stocks in a style zone, the market cap of each stock is converted into a common currency. The stocks in each style zone are ordered in descending order by size, and a cumulative capitalization as a percentage of total sample capitalization is calculated as each stock is added to the list. 2) The stock that causes cumulative capitalization to equal or exceed 40% of the style zone's total cap is the final one assigned to the giant-cap group. 3) The largest of the remaining stocks are assigned to the large-cap group until cumulative capitalization equals or exceeds 70% of the total capitalization of the style zone. 4) The largest of the remaining stocks are assigned to the mid-cap group until cumulative capitalization equals or exceeds 90% of the total capitalization of the style zone. 5) The largest of the remaining stocks are assigned to the small-cap group until cumulative capitalization equals or exceeds 97% of the total capitalization of the style zone. 6) The remaining stocks are assigned to the micro-cap group. The Market Capitalization Breakdown at a fund level is a breakdown of the capitalization assignments of the fund's equity holdings.

                      The information contained in this fund page/profile is designed to provide you with general information related to the fund and investment alternatives and strategies and is not intended to be comprehensive investment advice applicable to individual circumstances. We strongly recommend that investors consult with a financial advisor prior to making any investment decisions.

                      © 2022 Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.