- Category
- III
- Strategy
- Long-only
- Fund house
- Aditya Birla Sun Life AMC
Select Sector Fund
+0.80%
1-month return, after expenses and tax
Benchmark BSE 500 TRI · data as of 31 Aug 2026
Select Sector Fund, a Category III long-only AIF from Aditya Birla Sun Life AMC, returned 0.80% (after expenses and tax) over the month to 31 Aug 2026. It began on 23 Jun 2026 and manages ₹27.25 crore.
Key numbers
- AUM
- ₹27.25 Cr
- Benchmark
- BSE 500 TRI
- Launched
- 23 Jun 2026
- Min. investment
- ₹1 crore
- Returns basis
- After expenses and tax
Returns
| Period | This fund | BSE 500 TRI |
|---|---|---|
| 1 month | +0.80% | −0.09% |
| Since inception | −0.20% | +2.11% |
After expenses and tax, as Aditya Birla Sun Life AMC reports them, to 31 Aug 2026. AIFs report returns on different bases, so compare like with like.
Fund details
- Category
- Category III
- Strategy
- Long-only
- Market-cap style
- Small and mid cap
- Asset type
- —
- Benchmark
- BSE 500 TRI
- Fund manager
- Sameer Narayan & Salvin Shah
Market-cap mix
- Large cap21.50%
- Mid cap34.43%
- Small cap29.95%
- Cash14.13%
The five largest holdings are 29.26% of the portfolio.
Investment approach
The Fund shall invest in high quality businesses operating in sectors with consistent growth and strong returns on equity, by identifying and participating in their growth over the medium to long term. Investment decisions of the Fund will be based on the principles of attractive valuations and a margin of safety
The Fund shall invest in high quality businesses operating in sectors with consistent growth and strong returns on equity, by identifying and participating in their growth over the medium to long term. Investment decisions of the Fund will be based on the principles of attractive valuations and a margin of safety
About the fund manager
Mr Sameer Narayan — Head - AIF
Has 27+ years of experience in Indian Equity markets with significant alpha generation track record over longer time periods. Prior to joining ABSLAMC, he was Head – PMS at Invesco Asset Management (India) Pvt Ltd. Managed segregated mandates across both growth (Caterpillar) & value (RISE & DAWN ) strategies. Has also set up the Adani Family Office in Sep 2011. Began his buy-side career with BNP Paribas Asset Management in 2006 where he advised o ? shore mandates. Has varied sell-side experience through his stints at SSKI, Enam Securities & Motilal Oswal. Sameer holds a Master in Management Studies (MMS) from Narsee Monjee Institute of Management Studies, Mumbai and B.E. degree with specialization in Production Engineering
Mr Salvin Shah — Fund Manager
Has 13+ years in Portfolio Management and Equity Research, Salvin has extensive experience in managing Indian Equities. His endeavour is to maximize returns for the investors while keeping an eye on portfolio risk. He has been successful at identifying themes and stocks at a very early stage which has resulted in multi-bagger returns for the investors. Prior to joining ABSLAMC, he worked with Sanctum Wealth Management as Co-fund Manager in their PMS business. Before Sanctum, Salvin was a part of equity research team at Edelweiss Securities and Athena Investment Management. He is a Member of Institute of Chartered Accountants of India (ICAI) and a commerce graduate from Mumbai University.
As the fund house describes it.
FAQs
What has Select Sector Fund returned?
0.80% (1-month return) to 31 Aug 2026, after expenses and tax, as Aditya Birla Sun Life AMC reports it. 1 month: 0.80%; Since inception: −0.20%.
What kind of AIF is Select Sector Fund?
A Category III AIF following a long-only strategy, with a small and mid cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.
How much does Select Sector Fund manage?
₹27.25 crore as of 31 Aug 2026.
What is the minimum investment in an AIF?
SEBI sets the minimum at ₹1 crore per investor (₹25 lakh for the fund’s own employees and directors). Select Sector Fund’s stated minimum is ₹1 crore.
Who manages Select Sector Fund?
Aditya Birla Sun Life AMC runs it; the fund managers are Sameer Narayan & Salvin Shah.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Select Sector Fund’s are after expenses and tax. Bases differ from fund to fund, so compare like with like.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. AIF investments carry higher minimums and risks; read the private placement memorandum.
Full disclaimerSee how an AIF fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app