Funds/Mid Cap Fund/Aditya Birla Sun Life Mid Cap Fund

Aditya Birla Sun Life Mid Cap Fund

Aditya Birla Sun Life Mutual Fund·Mid Cap Fund·vs Nifty Midcap 150 TRI

The manager is maintaining a balanced exposure across financials, industrials, and chemicals while rotating selectively within these themes. The portfolio's near-equal weight in banking and industrial products suggests conviction in both cyclical recovery and infrastructure-driven growth, though the concentrated top-10 holding of 28% indicates a moderately aggressive stock-picking approach. Recent additions of materials plays like Vedanta Aluminium and healthcare names such as Dr. Lal Path Labs signal a tactical pivot toward commodity strength and defensive healthcare, moving away from software and non-bank finance exposure.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Regular Growth	₹793.5200	+4.47%	+0.63%	-0.88%	+5.92%	+19.41%	+17.15%

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

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

15.84%

Top 10 Weight

28.06%

Active Share

—

Large Cap

5.53%

Gini

0.354

What Changed2026-03-31 → 2026-04-30

Holdings: 81 → 82+7 added−5 removed37 weight shifts ≥ 0.1%

Stock	Sector	Weight
L&T Finance Limited	Finance	0.70%
VEDANTA ALUMINIUM METAL LTD	Non - Ferrous Metals	0.52%
Dr. Lal Path Labs Limited	Healthcare Services	0.40%
Astral Limited	Industrial Products	0.37%
MALCO ENERGY LTD	Oil	0.09%
TALWANDI SABO POWER LTD	Power	0.05%
VEDANTA IRON AND STEEL LTD	Ferrous Metals	0.03%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	Thermax Limited INE152A01029	Electrical Equipment	EQUITY	3.25%
2	AU Small Finance Bank Limited INE949L01017	Banks	EQUITY	3.25%
3	The Federal Bank Limited INE171A01029	Banks	EQUITY	3.21%
4	Max Financial Services Limited INE180A01020	Insurance	EQUITY	3.09%
5	Torrent Power Limited INE813H01021	Power	EQUITY	3.04%
6	JK Cement Limited INE823G01014	Cement & Cement Products	EQUITY	2.88%
7	APL Apollo Tubes Limited INE702C01027	Industrial Products	EQUITY	2.64%
8	Dixon Technologies (India) Limited INE935N01020	Consumer Durables	EQUITY	2.24%
9	K.P.R. Mill Limited INE930H01031	Textiles & Apparels	EQUITY	2.23%
10	Navin Fluorine International Limited INE048G01026	Chemicals & Petrochemicals	EQUITY	2.22%
11	KEI Industries Limited INE878B01027	Industrial Products	EQUITY	2.17%
12	Atul Limited INE100A01010	Chemicals & Petrochemicals	EQUITY	2.14%
13	Prestige Estates Projects Limited INE811K01011	Realty	EQUITY	2.06%
14	Clearing Corporation of India Limited nan	nan	CASH_EQUIVALENT	2.01%
15	Housing & Urban Development Corporation Limited INE031A01017	Finance	EQUITY	2.00%
16	Jindal Steel & Power Limited INE749A01030	Ferrous Metals	EQUITY	1.97%
17	Minda Industries Ltd INE405E01023	Auto Components	EQUITY	1.91%
18	Ajanta Pharmaceuticals Limited INE031B01049	Pharmaceuticals & Biotechnology	EQUITY	1.82%
19	Supreme Industries Limited INE195A01028	Industrial Products	EQUITY	1.78%
20	PB Fintech Limited INE417T01026	Financial Technology (Fintech)	EQUITY	1.78%

Sector Allocation

Banks9.6%

Industrial Products9.6%

Finance7.7%

Electrical Equipment6.7%

Auto Components6.1%

IT - Software5.5%

Chemicals & Petrochemicals5.3%

Consumer Durables5.3%

Realty4.2%

Cement & Cement Products3.9%

Top 10 sectors by % to NAV. Excludes derivatives.