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Funds/Aditya Birla Sun Life Banking & Financial Services Fund

Aditya Birla Sun Life Banking & Financial Services Fund

Aditya Birla Sun Life Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

The fund maintains a fortress-like positioning in banking and financial services with over 80% allocated to banks and traditional finance, betting heavily on domestic credit growth and interest margin expansion. The top five holdings represent nearly half the portfolio, signaling conviction in large-cap banking franchises like ICICI and HDFC, though this concentration brings significant single-stock risk. Recent nibbles into small-finance banking and wealth management suggest the manager is cautiously diversifying within the sector rather than fundamentally shifting stance.

Portfolio analysis · April 2026

NAV & Returns

PlanNAV1M1Y3Y CAGR5Y CAGR
Direct Growth₹68.1300-2.27%———
Regular Growth₹60.2800-2.33%+0.70%+12.51%+12.74%
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
41
Top 5 Weight
44.74%
Top 10 Weight
63.03%
Max Position
13.26%
Conviction Bets
16
Gini
0.527
Large Cap
58.58%
Mid Cap
18.33%
Small Cap
17.64%
Top Sector
Banks
Sector Count
6
HHI (bps)
58,003

vs Category Peers

Highly Differentiated
Active Share
83.78%
vs peer portfolio
Weight Overlap
14.68%
with avg peer
Cosine Similarity
0.559
portfolio angle
Peer Count
237
funds in category

Active Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.

Similar Funds in Category

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Gini
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HDFC Technology Fund
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ICICI Prudential PSU Equity Fund
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What Changed2026-03-31 → 2026-04-30

Holdings: 42 → 42+2 added−1 removed25 weight shifts ≥ 0.1%
StockWeight
Home First Finance Company India Limited1.17%
360 ONE WAM Ltd0.34%

Full Holdings

#Holding% to NAV
1
ICICI Bank Limited
INE090A01021
13.26%
2
HDFC Bank Limited
INE040A01034
11.79%
3
Axis Bank Limited
INE238A01034
8.25%
4
State Bank of India
INE062A01020
5.79%
5
Bajaj Finance Limited
INE296A01032
5.66%
6
Shriram Finance Ltd
INE721A01047
4.99%
7
AU Small Finance Bank Limited
INE949L01017
3.86%
8
Kotak Mahindra Bank Limited
INE237A01036
3.84%
9
ICICI Lombard General Insurance Company Limited
INE765G01017
2.81%
10
Bank of Maharashtra
INE457A01014
2.78%
11
SBI Life Insurance Company Limited
INE123W01016
2.74%
12
PNB Housing Finance Limited
INE572E01012
2.71%
13
PB Fintech Limited
INE417T01026
2.65%
14
Billionbrains Garage Ventures Ltd
INE0HOQ01053
2.23%
15
City Union Bank Limited
INE491A01021
2.16%
16
Tata Capital Limited
INE976I01016
2.13%
17
Aptus Value Housing Finance India Ltd
INE852O01025
1.94%
18
ICICI Prudential Mutual Fund
INE346A01027
1.78%
19
HDB Financial Services Limited
INE756I01012
1.49%
20
Cholamandalam Financial Holdings Limited
INE149A01033
1.40%

Sector Allocation

Banks55.1%
Finance25.7%
Capital Markets8.0%
Insurance6.9%
Financial Technology (Fintech)2.6%
nan1.6%

Top 10 sectors by % to NAV. Excludes derivatives.

Frequently Asked Questions

How many stocks does Aditya Birla Sun Life Banking & Financial Services Fund hold?

Aditya Birla Sun Life Banking & Financial Services Fund holds 41 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 44.74% of NAV.

What is the largest holding in Aditya Birla Sun Life Banking & Financial Services Fund?

The largest position in Aditya Birla Sun Life Banking & Financial Services Fund is ICICI Bank Limited, accounting for 13.26% of NAV in the Banks sector.

Is Aditya Birla Sun Life Banking & Financial Services Fund a concentrated or diversified fund?

With a Gini coefficient of 0.527, Aditya Birla Sun Life Banking & Financial Services Fund is moderately concentrated. The HHI concentration index is 58,003 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 44.74% of the portfolio.

What is the market cap allocation of Aditya Birla Sun Life Banking & Financial Services Fund?

Based on SEBI's AMFI classification, Aditya Birla Sun Life Banking & Financial Services Fund's equity portfolio is split as: Large Cap: 58.58%, Mid Cap: 18.33%, Small Cap: 17.64%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does Aditya Birla Sun Life Banking & Financial Services Fund invest in most?

Aditya Birla Sun Life Banking & Financial Services Fund has the highest allocation to Banks (55.15%), Finance (25.70%), Capital Markets (7.98%). The fund is invested across 6 sectors in total.

How actively managed is Aditya Birla Sun Life Banking & Financial Services Fund compared to other Sectoral / Thematic funds?

Aditya Birla Sun Life Banking & Financial Services Fund has an Active Share of 83.78%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.

What changed in Aditya Birla Sun Life Banking & Financial Services Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, Aditya Birla Sun Life Banking & Financial Services Fund added 2 new stocks (including Home First Finance Company India Limited) and exited 1 stock (including DAM Capital Advisors Ltd). Total holding count remained at 42 stocks.