Aditya Birla Sun Life Large & Mid Cap Fund
The fund remains defensively positioned with a pronounced financials tilt—banks and finance together exceed 21 percent—suggesting confidence in rate-sensitive sectors. The manager is rotating into cyclicals and infrastructure plays via new positions in metals, power, and airports while trimming IT exposure, signaling conviction that the economic cycle favors capital-intensive sectors over software. This tactical shift, combined with a measured 3.1 percent cash buffer, indicates selective opportunism rather than aggressive deployment.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹898.0600 | -0.54% | +1.97% | +13.39% | +10.61% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive 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 |
|---|---|
| GMR Airport Ltd | 1.30% |
| VEDANTA ALUMINIUM METAL LTD | 0.54% |
| MALCO ENERGY LTD | 0.09% |
| TALWANDI SABO POWER LTD | 0.05% |
| VEDANTA IRON AND STEEL LTD | 0.03% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 4.40% |
| 2 | State Bank of India INE062A01020 | 3.90% |
| 3 | AU Small Finance Bank Limited INE949L01017 | 3.44% |
| 4 | Clearing Corporation of India Limited nan | 3.06% |
| 5 | JK Cement Limited INE823G01014 | 2.86% |
| 6 | APL Apollo Tubes Limited INE702C01027 | 2.58% |
| 7 | Max Financial Services Limited INE180A01020 | 2.45% |
| 8 | Jindal Steel & Power Limited INE749A01030 | 2.29% |
| 9 | KEI Industries Limited INE878B01027 | 2.28% |
| 10 | Navin Fluorine International Limited INE048G01026 | 2.22% |
| 11 | Hindalco Industries Limited INE038A01020 | 2.21% |
| 12 | Astral Limited INE006I01046 | 2.05% |
| 13 | Bharat Electronics Limited INE263A01024 | 2.05% |
| 14 | Varun Beverages Limited INE200M01039 | 1.98% |
| 15 | Samvardhana Motherson International Limited INE775A01035 | 1.95% |
| 16 | Minda Industries Ltd INE405E01023 | 1.95% |
| 17 | Bajaj Finance Limited INE296A01032 | 1.85% |
| 18 | Ajanta Pharmaceuticals Limited INE031B01049 | 1.76% |
| 19 | TVS Motor Company Limited INE494B01023 | 1.72% |
| 20 | Titan Company Limited INE280A01028 | 1.71% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Aditya Birla Sun Life Large & Mid Cap Fund hold?
Aditya Birla Sun Life Large & Mid Cap Fund holds 75 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 17.66% of NAV.
What is the largest holding in Aditya Birla Sun Life Large & Mid Cap Fund?
The largest position in Aditya Birla Sun Life Large & Mid Cap Fund is ICICI Bank Limited, accounting for 4.40% of NAV in the Banks sector.
Is Aditya Birla Sun Life Large & Mid Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.346, Aditya Birla Sun Life Large & Mid Cap Fund is well-diversified. The HHI concentration index is 18,886 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 17.66% of the portfolio.
What is the market cap allocation of Aditya Birla Sun Life Large & Mid Cap Fund?
Based on SEBI's AMFI classification, Aditya Birla Sun Life Large & Mid Cap Fund's equity portfolio is split as: Large Cap: 42.50%, Mid Cap: 41.71%, Small Cap: 11.01%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Aditya Birla Sun Life Large & Mid Cap Fund invest in most?
Aditya Birla Sun Life Large & Mid Cap Fund has the highest allocation to Banks (14.56%), Industrial Products (6.91%), Finance (6.89%). The fund is invested across 33 sectors in total.
How actively managed is Aditya Birla Sun Life Large & Mid Cap Fund compared to other Large & Mid Cap Fund funds?
Aditya Birla Sun Life Large & Mid Cap Fund has an Active Share of 64.74%, classifying it as "Active Stock Picker" among 33 Large & Mid Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Aditya Birla Sun Life Large & Mid Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Aditya Birla Sun Life Large & Mid Cap Fund added 5 new stocks (including GMR Airport Ltd) and exited 3 stocks (including GlaxoSmithKline Pharmaceuticals Limited). Total holding count increased from 75 to 76 stocks.