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Aditya Birla Sun Life Aggressive Hybrid Fund - Direct Plan-Growth vs Kotak Aggressive Hybrid Fund - Direct Plan -Growth
Aditya Birla Sun Life Aggressive Hybrid Fund and Kotak Aggressive Hybrid Fund are both in the Aggressive Hybrid Fund category, from Aditya Birla Sun Life AMC Limited and Kotak Mahindra Asset Management Company Limited. respectively. Kotak Aggressive Hybrid Fund has posted a higher 3-year rolling CAGR. Kotak Aggressive Hybrid Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Kotak Aggressive Hybrid Fund has the lower direct-plan expense ratio, by 0.51 percentage points.
| Aditya Birla Sun Life Aggressive Hybrid Fund - Direct Plan-Growth | Kotak Aggressive Hybrid Fund - Direct Plan -Growth | |
|---|---|---|
| Category | Aggressive Hybrid Fund | Aggressive Hybrid Fund |
| AMC | Aditya Birla Sun Life AMC Limited | Kotak Mahindra Asset Management Company Limited. |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | NIFTY 50 Hybrid Composite Debt 65:35 Index TRI |
| NAV | ₹1660.71 (2026-10-28) | ₹73.43 (2026-10-28) |
| AUM | ₹6,699.524 Cr | ₹9,025.015 Cr |
| Expense Ratio (Direct) | 1.16% | 0.6492% |
| Inception | 1995-01-19 | 1999-11-29 |
Returns
Kotak Aggressive Hybrid Fund leads on 3-year rolling CAGR (15.7% vs Aditya Birla Sun Life Aggressive Hybrid Fund's 13.1%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Kotak Aggressive Hybrid Fund has been the more volatile of the two by standard deviation.
| Aditya Birla Sun Life Aggressive Hybrid Fund - Direct Plan-Growth | Kotak Aggressive Hybrid Fund - Direct Plan -Growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.09 | 0.29 |
| 3Y Alpha | 0.2369% | 4.6124% |
| 3Y Std Deviation | 10.372% | 11.6538% |
| 3Y Calmar Ratio | 0.60 | 0.72 |
Portfolio Analytics
Aditya Birla Sun Life Aggressive Hybrid Fund carries the higher portfolio YTM.
| Aditya Birla Sun Life Aggressive Hybrid Fund - Direct Plan-Growth | Kotak Aggressive Hybrid Fund - Direct Plan -Growth | |
|---|---|---|
| P/E Ratio | 26.8646 | 23.7734 |
| P/B Ratio | 25.1407 | 9.9087 |
| Dividend Yield | 0.8659% | 1.053% |
| Active Share | - | - |
| Portfolio Turnover | 76% | 50.93% |
| YTM | 8.244% | 6.48% |
| Duration (Macaulay) | 4.5 yrs | 2.98 yrs |
Punji Fund Health Score
Kotak Aggressive Hybrid Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Aditya Birla Sun Life Aggressive Hybrid Fund or Kotak Aggressive Hybrid Fund?
Kotak Aggressive Hybrid Fund's 3-year rolling CAGR of 15.7% is higher than Aditya Birla Sun Life Aggressive Hybrid Fund's 13.1%. Kotak Aggressive Hybrid Fund sits in the 79th percentile of its category on this metric, versus the 24th percentile for Aditya Birla Sun Life Aggressive Hybrid Fund - 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 Aggressive Hybrid Fund or Kotak Aggressive Hybrid Fund?
Kotak Aggressive Hybrid Fund's direct-plan expense ratio is 0.51 percentage points lower than Aditya Birla Sun Life Aggressive Hybrid Fund'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 Aggressive Hybrid Fund or Kotak Aggressive Hybrid Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), Kotak Aggressive Hybrid Fund has been more volatile than Aditya Birla Sun Life Aggressive Hybrid Fund 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 (0.09 for Aditya Birla Sun Life Aggressive Hybrid Fund vs 0.29 for Kotak Aggressive Hybrid Fund) 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 Aggressive Hybrid Fund or Kotak Aggressive Hybrid Fund?
Kotak Aggressive Hybrid Fund has ₹9,025 Cr in assets under management, versus ₹6,700 Cr for Aditya Birla Sun Life Aggressive Hybrid Fund. 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 has a higher yield to maturity (YTM), Aditya Birla Sun Life Aggressive Hybrid Fund or Kotak Aggressive Hybrid Fund?
Aditya Birla Sun Life Aggressive Hybrid Fund's portfolio YTM (8.244%) is higher than Kotak Aggressive Hybrid Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which has longer duration (more interest-rate sensitivity), Aditya Birla Sun Life Aggressive Hybrid Fund or Kotak Aggressive Hybrid Fund?
Aditya Birla Sun Life Aggressive Hybrid Fund has the longer Macaulay duration of the two, meaning its NAV is more sensitive to interest-rate changes - a longer-duration debt fund tends to gain more when rates fall and lose more when rates rise, compared to a shorter-duration fund. Duration is expressed in years but isn't literally about how long you hold the fund; it's a measure of price sensitivity to rate moves. If you expect rates to fall, the longer-duration fund benefits more; if you expect rates to rise or want to minimize that swing, the shorter-duration fund is the more conservative pick.
Which fund has a longer track record, Aditya Birla Sun Life Aggressive Hybrid Fund or Kotak Aggressive Hybrid Fund?
Aditya Birla Sun Life Aggressive Hybrid Fund launched on 1995-01-19, making it older than Kotak Aggressive Hybrid Fund (launched 1999-11-29). 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.