Funds/Aggressive Hybrid Fund/Aditya Birla Sun Life Equity Hybrid 95 Fund

Aditya Birla Sun Life Equity Hybrid 95 Fund

Aditya Birla Sun Life Mutual Fund·Aggressive Hybrid Fund·vs Nifty 500 TRI

The fund maintains a defensive positioning through heavy concentration in banking and financial stocks, which now comprise nearly a quarter of the portfolio, alongside a modest debt allocation buffering downside risk. Recent portfolio churn—adding insurance and infrastructure plays while trimming IT exposure—suggests the manager is rotating toward domestic consumption and credit-sensitive sectors over technology, signaling caution on global demand. The flat monthly return reflects a market pause, but the 95% equity core keeps growth aspirations intact for long-term investors.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Direct Growth	₹1652.5500	-0.65%	—	—	—	—	—
Regular Growth	₹1466.3800	-0.71%	-5.48%	-6.16%	-1.14%	+10.94%	+9.80%

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

169

Top 5 Weight

21.39%

Top 10 Weight

33.38%

Active Share

—

Large Cap

53.47%

Gini

0.578

What Changed2026-03-31 → 2026-04-30

Holdings: 168 → 170+11 added−9 removed24 weight shifts ≥ 0.1%

Stock	Sector	Weight
AIA Engineering Limited	Industrial Products	0.46%
SBI Life Insurance Company Limited	Insurance	0.36%
360 ONE WAM Ltd	Capital Markets	0.33%
Container Corporation of India Limited	Transport Services	0.29%
VEDANTA ALUMINIUM METAL LTD	Non - Ferrous Metals	0.25%
Hindustan Aeronautics Limited	Aerospace & Defense	0.25%
MALCO ENERGY LTD	Oil	0.04%
TALWANDI SABO POWER LTD	Power	0.02%
VEDANTA IRON AND STEEL LTD	Ferrous Metals	0.01%
6.85% National Bank For Agriculture and Rural Development (19/01/2029)	ICRA AAA	0.14%
7.68% Small Industries Development Bank of India (10/09/2027) **	CRISIL AAA	0.07%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	ICICI Bank Limited INE090A01021	Banks	EQUITY	5.95%
2	HDFC Bank Limited INE040A01034	Banks	EQUITY	5.19%
3	Reliance Industries Limited INE002A01018	Petroleum Products	EQUITY	4.25%
4	Bharti Airtel Limited INE397D01024	Telecom - Services	EQUITY	3.13%
5	State Bank of India INE062A01020	Banks	EQUITY	2.88%
6	Axis Bank Limited INE238A01034	Banks	EQUITY	2.66%
7	7.30% Bharti Telecom Limited (01/12/2027) ** INE403D08306	CRISIL AAA	DEBT	2.48%
8	Infosys Limited INE009A01021	IT - Software	EQUITY	2.42%
9	Larsen & Toubro Limited INE018A01030	Construction	EQUITY	2.35%
10	8.92% Cholamandalam Investment and Finance Company Limited (02/12/2034) ** INE121A08PR3	ICRA AA+	DEBT	2.08%
11	Mahindra & Mahindra Limited INE101A01026	Automobiles	EQUITY	1.96%
12	Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	EQUITY	1.89%
13	Bajaj Finance Limited INE296A01032	Finance	EQUITY	1.84%
14	Kotak Mahindra Bank Limited INE237A01036	Banks	EQUITY	1.76%
15	Hindalco Industries Limited INE038A01020	Non - Ferrous Metals	EQUITY	1.52%
16	IRB InvIT Fund INE183W23014	Transport Infrastructure	REIT_INVIT	1.46%
17	Eternal Limited INE758T01015	Retailing	EQUITY	1.24%
18	UltraTech Cement Limited INE481G01011	Cement & Cement Products	EQUITY	1.18%
19	Bharat Electronics Limited INE263A01024	Aerospace & Defense	EQUITY	1.14%
20	United Spirits Limited INE854D01024	Beverages	EQUITY	1.11%

Sector Allocation

Banks19.2%

IT - Software5.5%

CRISIL AAA5.4%

Finance4.8%

Sovereign4.7%

Pharmaceuticals & Biotechnology4.6%

Petroleum Products4.5%

ICRA AAA4.3%

Retailing3.7%

Telecom - Services3.1%

Top 10 sectors by % to NAV. Excludes derivatives.