COMPARE
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth vs SBI Children's Fund - Savings Plan - DIRECT PLAN - GROWTH
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth and SBI Children's Fund - Savings Plan are both in the Children s Fund category, from Aditya Birla Sun Life AMC Limited and SBI Funds Management Limited respectively. Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth has posted a higher 3-year rolling CAGR. SBI Children's Fund - Savings Plan has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
SBI Children's Fund - Savings Plan has the lower direct-plan expense ratio, by 0.24 percentage points.
| Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth | SBI Children's Fund - Savings Plan - DIRECT PLAN - GROWTH | |
|---|---|---|
| Category | Children s Fund | Children s Fund |
| AMC | Aditya Birla Sun Life AMC Limited | SBI Funds Management Limited |
| Benchmark | Nifty 500 TRI | NIFTY 50 Hybrid Composite Debt 15:85 Index |
| NAV | ₹22.22 (2026-10-28) | ₹128.636 (2026-10-28) |
| AUM | ₹1,171.136 Cr | ₹149.364 Cr |
| Expense Ratio (Direct) | 1.15% | 0.91% |
| Inception | 2019-01-22 | 2001-12-28 |
Returns
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth leads on 3-year rolling CAGR (14.0% vs SBI Children's Fund - Savings Plan's 12.7%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth has been the more volatile of the two by standard deviation.
| Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth | SBI Children's Fund - Savings Plan - DIRECT PLAN - GROWTH | |
|---|---|---|
| 3Y Sharpe Ratio | 0.10 | 0.72 |
| 3Y Alpha | 0.164% | 3.4351% |
| 3Y Std Deviation | 14.359% | 4.4669% |
| 3Y Calmar Ratio | 0.45 | 2.29 |
Portfolio Analytics
SBI Children's Fund - Savings Plan carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth | SBI Children's Fund - Savings Plan - DIRECT PLAN - GROWTH | |
|---|---|---|
| P/E Ratio | 29.5366 | 34.3213 |
| P/B Ratio | 6.656 | - |
| Dividend Yield | 0.8059% | 0.5874% |
| Active Share | 62.7% | - |
| Portfolio Turnover | 36% | - |
| YTM | - | 7.9651% |
| Duration (Macaulay) | - | 4.62 yrs |
Punji Fund Health Score
SBI Children's Fund - Savings Plan has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth or SBI Children's Fund - Savings Plan?
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth's 3-year rolling CAGR of 14.0% is higher than SBI Children's Fund - Savings Plan's 12.7%. Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth sits in the 82nd percentile of its category on this metric, versus the 55th percentile for SBI Children's Fund - Savings Plan - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth or SBI Children's Fund - Savings Plan?
SBI Children's Fund - Savings Plan's direct-plan expense ratio is 0.24 percentage points lower than Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth or SBI Children's Fund - Savings Plan?
By standard deviation (a measure of how much a fund's returns swing around its own average), Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth has been more volatile than SBI Children's Fund - Savings Plan over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.10 for Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth vs 0.72 for SBI Children's Fund - Savings Plan) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth or SBI Children's Fund - Savings Plan?
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth has ₹1,171 Cr in assets under management, versus ₹149 Cr for SBI Children's Fund - Savings Plan. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth or SBI Children's Fund - Savings Plan?
SBI Children's Fund - Savings Plan launched on 2001-12-28, making it older than Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth (launched 2019-01-22). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.