Aditya Birla Sun Life Conglomerate Fund
The portfolio maintains a concentrated bet on India's industrial and infrastructure champions, with Reliance anchoring nearly a third of assets while cyclical plays in auto, construction, and metals dominate. Recent trimming of Reliance and selective exits like Titan suggest the manager is rotating from mega-cap resilience into broader conglomerate exposure, evidenced by nine new additions spanning steel, metals, and consumer segments. This tactical rebalancing signals conviction that India's capex-led growth story extends beyond oil majors into diversified industrial recovery.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹10.6500 | — | — | — | — |
| Regular Growth | ₹10.4400 | +1.56% | -2.06% | — | — |
| Direct IDCW | ₹10.6500 | — | — | — | — |
| Regular IDCW | ₹10.4400 | — | — | — | — |
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 |
|---|---|
| JSW Steel Limited | 1.52% |
| Jubilant Foodworks Limited | 1.00% |
| CG Power and Industrial Solutions Limited | 0.71% |
| VEDANTA ALUMINIUM METAL LTD | 0.64% |
| Vedanta Limited | 0.47% |
| Tata Consultancy Services Limited | 0.46% |
| MALCO ENERGY LTD | 0.11% |
| TALWANDI SABO POWER LTD | 0.06% |
| VEDANTA IRON AND STEEL LTD | 0.03% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Limited INE002A01018 | 13.09% |
| 2 | Larsen & Toubro Limited INE018A01030 | 6.45% |
| 3 | Mahindra & Mahindra Limited INE101A01026 | 4.65% |
| 4 | Adani Enterprises Limited INE423A01024 | 4.25% |
| 5 | Tube Investments of India Limited INE974X01010 | 4.13% |
| 6 | Tech Mahindra Limited INE669C01036 | 3.79% |
| 7 | WELSPUN CORP LIMITED INE191B01025 | 3.44% |
| 8 | Grasim Industries Limited INE047A01021 | 3.43% |
| 9 | Adani Ports and Special Economic Zone Limited INE742F01042 | 3.38% |
| 10 | LTIMindtree Limited INE214T01019 | 2.95% |
| 11 | Bajaj Finance Limited INE296A01032 | 2.36% |
| 12 | Trent Limited INE849A01020 | 2.32% |
| 13 | Tata Capital Limited INE976I01016 | 2.26% |
| 14 | TVS HOLDINGS LIMTED INE105A01035 | 2.22% |
| 15 | UltraTech Cement Limited INE481G01011 | 2.17% |
| 16 | Adani Energy Solutions Limited INE931S01010 | 2.13% |
| 17 | Bajaj Finserv Limited INE918I01026 | 2.00% |
| 18 | Ambuja Cements Limited INE079A01024 | 1.98% |
| 19 | Arvind Limited INE034A01011 | 1.84% |
| 20 | Godrej Properties Limited INE484J01027 | 1.78% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Aditya Birla Sun Life Conglomerate Fund hold?
Aditya Birla Sun Life Conglomerate Fund holds 51 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 32.57% of NAV.
What is the largest holding in Aditya Birla Sun Life Conglomerate Fund?
The largest position in Aditya Birla Sun Life Conglomerate Fund is Reliance Industries Limited, accounting for 13.09% of NAV in the Petroleum Products sector.
Is Aditya Birla Sun Life Conglomerate Fund a concentrated or diversified fund?
With a Gini coefficient of 0.442, Aditya Birla Sun Life Conglomerate Fund is well-diversified. The HHI concentration index is 40,670 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 32.57% of the portfolio.
What is the market cap allocation of Aditya Birla Sun Life Conglomerate Fund?
Based on SEBI's AMFI classification, Aditya Birla Sun Life Conglomerate Fund's equity portfolio is split as: Large Cap: 64.59%, Mid Cap: 13.23%, Small Cap: 20.49%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Aditya Birla Sun Life Conglomerate Fund invest in most?
Aditya Birla Sun Life Conglomerate Fund has the highest allocation to Petroleum Products (13.09%), Finance (10.29%), IT - Software (7.85%). The fund is invested across 27 sectors in total.
How actively managed is Aditya Birla Sun Life Conglomerate Fund compared to other Sectoral / Thematic funds?
Aditya Birla Sun Life Conglomerate Fund has an Active Share of 85.70%, 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 Conglomerate Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Aditya Birla Sun Life Conglomerate Fund added 9 new stocks (including JSW Steel Limited) and exited 1 stock (including Titan Company Limited). Total holding count increased from 44 to 52 stocks.