Aditya Birla Sun Life Infrastructure Fund
The fund maintains a classic infrastructure tilt centered on construction majors, power utilities, and capital goods, with L&T anchoring conviction at 5.7%. Recent additions in metals and energy alongside a modest reduction in Thermax suggest the manager is rotating toward commodity and raw material plays—likely hedging against margin pressures in discretionary infrastructure suppliers while positioning for demand from capital expenditure cycles. Concentration remains elevated at 36% in the top ten, reflecting a concentrated bet on large-cap infrastructure champions.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹100.2200 | +4.53% | +4.21% | +3.73% | +11.79% | +20.71% | +19.90% |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Shriram Pistons & Rings Ltd | 1.41% |
| VEDANTA ALUMINIUM METAL LTD | 0.46% |
| MALCO ENERGY LTD | 0.08% |
| TALWANDI SABO POWER LTD | 0.05% |
| VEDANTA IRON AND STEEL LTD | 0.02% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Larsen & Toubro Limited INE018A01030 | 5.72% |
| 2 | Bharti Airtel Limited INE397D01024 | 5.36% |
| 3 | NTPC Limited INE733E01010 | 4.34% |
| 4 | Reliance Industries Limited INE002A01018 | 4.01% |
| 5 | Clearing Corporation of India Limited nan | 3.64% |
| 6 | UltraTech Cement Limited INE481G01011 | 3.47% |
| 7 | Thermax Limited INE152A01029 | 2.90% |
| 8 | Bharat Heavy Electricals Limited INE257A01026 | 2.31% |
| 9 | GMR Airport Ltd INE776C01039 | 2.27% |
| 10 | JK Cement Limited INE823G01014 | 2.24% |
| 11 | Apollo Hospitals Enterprise Limited INE437A01024 | 1.99% |
| 12 | Sobha Limited INE671H01015 | 1.88% |
| 13 | Adani Ports and Special Economic Zone Limited INE742F01042 | 1.85% |
| 14 | ABB India Limited INE117A01022 | 1.83% |
| 15 | State Bank of India INE062A01020 | 1.82% |
| 16 | ICICI Bank Limited INE090A01021 | 1.80% |
| 17 | Greenply Industries Ltd INE461C01038 | 1.79% |
| 18 | Voltamp Transformers Limited INE540H01012 | 1.76% |
| 19 | Jindal Steel & Power Limited INE749A01030 | 1.76% |
| 20 | Acme Solar Holdings Ltd INE622W01025 | 1.70% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.