Aditya Birla Sun Life Multi Cap Fund
The fund maintains a measured tilt toward financial services, which anchors nearly 22 percent of the portfolio across banks and non-bank finance, signaling conviction in India's credit cycle. Recent portfolio tweaks—adding Vedanta's metal subsidiaries while trimming the parent—suggest the manager is rotating within cyclicals toward more operationally focused plays rather than abandoning the theme. With 85 holdings and modest cash buffer, the strategy balances diversification against concentrated exposure to structural beneficiaries like towers and retail, positioning for resilient but not aggressive growth.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹20.7000 | — | — | — | — | — | — |
| Regular Growth | ₹19.3300 | +2.17% | -1.98% | -3.69% | +2.87% | +15.09% | +14.00% |
| Direct IDCW | ₹18.3100 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Shriram Finance Ltd | 1.41% |
| VEDANTA ALUMINIUM METAL LTD | 1.24% |
| MALCO ENERGY LTD | 0.21% |
| TALWANDI SABO POWER LTD | 0.12% |
| VEDANTA IRON AND STEEL LTD | 0.06% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Clearing Corporation of India Limited nan | 4.17% |
| 2 | Reliance Industries Limited INE002A01018 | 3.64% |
| 3 | State Bank of India INE062A01020 | 3.38% |
| 4 | ICICI Bank Limited INE090A01021 | 2.77% |
| 5 | Larsen & Toubro Limited INE018A01030 | 2.61% |
| 6 | Indus Towers Limited INE121J01017 | 2.55% |
| 7 | Eternal Limited INE758T01015 | 2.21% |
| 8 | RBL Bank Limited INE976G01028 | 1.91% |
| 9 | Axis Bank Limited INE238A01034 | 1.86% |
| 10 | HDFC Bank Limited INE040A01034 | 1.86% |
| 11 | TD Power Systems Limited INE419M01027 | 1.83% |
| 12 | One 97 Communications Limited INE982J01020 | 1.67% |
| 13 | Avenue Supermarts Limited INE192R01011 | 1.63% |
| 14 | SJS Enterprises Pvt Limited INE284S01014 | 1.62% |
| 15 | Persistent Systems Limited INE262H01021 | 1.58% |
| 16 | Varun Beverages Limited INE200M01039 | 1.55% |
| 17 | Sansera Engineering Ltd INE953O01021 | 1.49% |
| 18 | Mahindra & Mahindra Limited INE101A01026 | 1.48% |
| 19 | Max Financial Services Limited INE180A01020 | 1.45% |
| 20 | SAI Life Sciences Ltd INE570L01029 | 1.45% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.