Aditya Birla Sun Life Business Cycle Fund
The fund remains heavily tilted toward banking and cyclical sectors, betting on economic expansion and credit cycles with over one-fifth exposure to financials. Recent additions in metals and power signal conviction in commodity-linked recovery plays, while the exit from a China-focused ETF suggests reduced emerging market diversification bets. The concentrated top-10 at 31% and narrow sector concentration underscore the manager's thematic conviction in domestic cyclical revival.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹14.7800 | -1.60% | -0.94% | +12.57% | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 | 1.02% |
| MALCO ENERGY LTD | 0.17% |
| TALWANDI SABO POWER LTD | 0.10% |
| VEDANTA IRON AND STEEL LTD | 0.05% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 6.20% |
| 2 | State Bank of India INE062A01020 | 4.05% |
| 3 | Reliance Industries Limited INE002A01018 | 3.15% |
| 4 | HDFC Bank Limited INE040A01034 | 2.98% |
| 5 | Kotak Mahindra Bank Limited INE237A01036 | 2.72% |
| 6 | Bharti Airtel Limited INE397D01024 | 2.46% |
| 7 | Mahindra & Mahindra Limited INE101A01026 | 2.42% |
| 8 | Infosys Limited INE009A01021 | 2.41% |
| 9 | Jindal Steel & Power Limited INE749A01030 | 2.30% |
| 10 | Bharat Forge Limited INE465A01025 | 1.95% |
| 11 | Tech Mahindra Limited INE669C01036 | 1.88% |
| 12 | Godrej Consumer Products Limited INE102D01028 | 1.88% |
| 13 | Lenskart Solutions Ltd INE956O01016 | 1.83% |
| 14 | HCL Technologies Limited INE860A01027 | 1.82% |
| 15 | Sona BLW Precision Forgings Limited INE073K01018 | 1.71% |
| 16 | Marico Limited INE196A01026 | 1.61% |
| 17 | Happy Forgings Ltd INE330T01021 | 1.60% |
| 18 | The Federal Bank Limited INE171A01029 | 1.59% |
| 19 | Ajanta Pharmaceuticals Limited INE031B01049 | 1.58% |
| 20 | Shivalik Bimetal Controls Ltd INE386D01027 | 1.57% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Aditya Birla Sun Life Business Cycle Fund hold?
Aditya Birla Sun Life Business Cycle Fund holds 73 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 19.10% of NAV.
What is the largest holding in Aditya Birla Sun Life Business Cycle Fund?
The largest position in Aditya Birla Sun Life Business Cycle Fund is ICICI Bank Limited, accounting for 6.20% of NAV in the Banks sector.
Is Aditya Birla Sun Life Business Cycle Fund a concentrated or diversified fund?
With a Gini coefficient of 0.306, Aditya Birla Sun Life Business Cycle Fund is well-diversified. The HHI concentration index is 19,563 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 19.10% of the portfolio.
What is the market cap allocation of Aditya Birla Sun Life Business Cycle Fund?
Based on SEBI's AMFI classification, Aditya Birla Sun Life Business Cycle Fund's equity portfolio is split as: Large Cap: 43.27%, Mid Cap: 24.01%, Small Cap: 25.37%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Aditya Birla Sun Life Business Cycle Fund invest in most?
Aditya Birla Sun Life Business Cycle Fund has the highest allocation to Banks (20.50%), IT - Software (9.32%), Industrial Products (5.77%). The fund is invested across 34 sectors in total.
How actively managed is Aditya Birla Sun Life Business Cycle Fund compared to other Sectoral / Thematic funds?
Aditya Birla Sun Life Business Cycle Fund has an Active Share of 70.73%, 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 Business Cycle Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Aditya Birla Sun Life Business Cycle Fund added 4 new stocks (including VEDANTA ALUMINIUM METAL LTD) and exited 1 stock (including XTRACKERS HARVEST CSI 500 CH). Total holding count increased from 71 to 74 stocks.