Aditya Birla Sun Life Regular Savings Fund
Aditya Birla Sun Life Mutual Fund·Conservative Hybrid Fund·vs Peer Median
The manager maintains a defensive positioning with debt absorbing over 71 percent of the portfolio, emphasizing high-quality credit through AAA and sovereign holdings that comprise nearly 30 percent combined. The marginal equity tilt toward financials and infrastructure reflects selective conviction in sectors offering stable cashflows. Recent rotations toward rural development financing and away from long-duration government securities suggest a tactical shift toward shorter-maturity, credit-driven returns amid evolving rate expectations.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹68.5487 | +0.28% | -0.65% | +0.04% | +3.95% | +8.37% | +8.16% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
124
Top 5 Weight
15.10%
Top 10 Weight
25.36%
Active Share
—
Large Cap
15.52%
Gini
0.466
What Changed2026-03-31 → 2026-04-30
Holdings: 127 → 125+1 added−3 removed5 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| 6.85% National Bank For Agriculture and Rural Development (19/01/2029) | 0.66% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | 8.92% Cholamandalam Investment and Finance Company Limited (02/12/2034) ** INE121A08PR3 | 3.73% |
| 2 | 6.64% Housing & Urban Development Corporation Limited (17/07/2028) ** INE031A08996 | 3.32% |
| 3 | Jtpm Metal Traders Pvt Ltd (29/09/2028) (ZCB) ** INE02PE08036 | 3.05% |
| 4 | State Government Securities (04/03/2039) IN2120250450 | 2.65% |
| 5 | Clearing Corporation of India Limited nan | 2.35% |
| 6 | 8.20% Adani Power Limited (25/01/2029) ** INE814H07208 | 2.34% |
| 7 | 9.75% Nuvama Wealth Finance Ltd (16/04/2027) ** INE918K07PW3 | 2.05% |
| 8 | 7.84% Bajaj Housing Finance Limited (23/09/2032) ** INE377Y07367 | 2.02% |
| 9 | 7.30% Bharti Telecom Limited (01/12/2027) ** INE403D08306 | 2.01% |
| 10 | Jubilant Bevco Ltd (31/05/2028) (ZCB) ** INE1D4P08019 | 1.84% |
| 11 | ICICI Bank Limited INE090A01021 | 1.76% |
| 12 | 5.00% GMR Airport Ltd (13/02/2027) ** INE776C08083 | 1.76% |
| 13 | 8.37% REC Limited (07/12/2028) ** INE020B08BH6 | 1.73% |
| 14 | 8.31% Aditya Birla Finance Limited (11/07/2034) ** INE860H08EL8 | 1.70% |
| 15 | 9.40% Vedanta Limited (20/02/2027) ** INE205A08038 | 1.70% |
| 16 | 7.68% Small Industries Development Bank of India (09/07/2027) ** INE556F08KO7 | 1.69% |
| 17 | 7.67% Indian Railway Finance Corporation Limited (15/12/2033) ** INE053F08346 | 1.69% |
| 18 | 8.95% Vedanta Limited (16/03/2029) INE205A08095 | 1.68% |
| 19 | 8.40% Narayana Hrudayalaya Limited (15/02/2030) ** INE410P08024 | 1.68% |
| 20 | 7.20% Knowledge Realty Trust (26/09/2028) ** INE1JAR07010 | 1.67% |
Sector Allocation
ICRA AAA15.4%
Sovereign14.9%
CRISIL AAA12.6%
CRISIL AA7.2%
Banks5.4%
ICRA AA+5.1%
ICRA AA5.1%
nan4.3%
CRISIL A+2.8%
CARE AA2.0%
Top 10 sectors by % to NAV. Excludes derivatives.