Aditya Birla Sun Life Large Cap Fund
The fund maintains a heavily concentrated large-cap positioning with banks dominating at over 26 percent of assets, signaling conviction in financial sector stability and growth. The manager's recent shift toward commodities exposure—adding aluminium, steel, and power plays—suggests a tactical pivot to benefit from infrastructure-led growth and energy transition themes. This tilt away from defensive IT and insurance holdings indicates increased appetite for cyclical sectors, though the high top-10 concentration of 45 percent leaves limited room for nimble sector rotation.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹498.4300 | -2.43% | -4.42% | +11.79% | +12.01% |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| VEDANTA ALUMINIUM METAL LTD | 0.41% |
| MALCO ENERGY LTD | 0.07% |
| TALWANDI SABO POWER LTD | 0.04% |
| VEDANTA IRON AND STEEL LTD | 0.02% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 7.13% |
| 2 | HDFC Bank Limited INE040A01034 | 6.79% |
| 3 | Reliance Industries Limited INE002A01018 | 5.63% |
| 4 | Infosys Limited INE009A01021 | 4.24% |
| 5 | State Bank of India INE062A01020 | 3.87% |
| 6 | Axis Bank Limited INE238A01034 | 3.83% |
| 7 | Larsen & Toubro Limited INE018A01030 | 3.79% |
| 8 | Bharti Airtel Limited INE397D01024 | 3.56% |
| 9 | Kotak Mahindra Bank Limited INE237A01036 | 3.55% |
| 10 | Mahindra & Mahindra Limited INE101A01026 | 3.24% |
| 11 | NTPC Limited INE733E01010 | 2.21% |
| 12 | Eternal Limited INE758T01015 | 2.09% |
| 13 | Sun Pharmaceutical Industries Limited INE044A01036 | 1.95% |
| 14 | Hindalco Industries Limited INE038A01020 | 1.79% |
| 15 | SBI Life Insurance Company Limited INE123W01016 | 1.74% |
| 16 | Titan Company Limited INE280A01028 | 1.51% |
| 17 | Bajaj Auto Limited INE917I01010 | 1.42% |
| 18 | Godrej Consumer Products Limited INE102D01028 | 1.40% |
| 19 | UltraTech Cement Limited INE481G01011 | 1.37% |
| 20 | Bajaj Finance Limited INE296A01032 | 1.37% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Aditya Birla Sun Life Large Cap Fund hold?
Aditya Birla Sun Life Large Cap Fund holds 85 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.66% of NAV.
What is the largest holding in Aditya Birla Sun Life Large Cap Fund?
The largest position in Aditya Birla Sun Life Large Cap Fund is ICICI Bank Limited, accounting for 7.13% of NAV in the Banks sector.
Is Aditya Birla Sun Life Large Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.530, Aditya Birla Sun Life Large Cap Fund is moderately concentrated. The HHI concentration index is 28,708 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.66% of the portfolio.
What is the market cap allocation of Aditya Birla Sun Life Large Cap Fund?
Based on SEBI's AMFI classification, Aditya Birla Sun Life Large Cap Fund's equity portfolio is split as: Large Cap: 77.29%, Mid Cap: 8.19%, Small Cap: 8.42%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Aditya Birla Sun Life Large Cap Fund invest in most?
Aditya Birla Sun Life Large Cap Fund has the highest allocation to Banks (25.96%), IT - Software (8.04%), Automobiles (6.52%). The fund is invested across 33 sectors in total.
How actively managed is Aditya Birla Sun Life Large Cap Fund compared to other Large Cap Fund funds?
Aditya Birla Sun Life Large Cap Fund has an Active Share of 33.31%, classifying it as "Balanced Approach" among 33 Large Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Aditya Birla Sun Life Large Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Aditya Birla Sun Life Large Cap Fund added 4 new stocks (including VEDANTA ALUMINIUM METAL LTD) and exited 4 stocks (including ICICI Prudential Life Insurance Company Limited). Total holding count remained at 86 stocks.