Funds/Sectoral / Thematic/Aditya Birla Sun Life International Equity Fund

Aditya Birla Sun Life International Equity Fund

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

The fund maintains a concentrated bet on artificial intelligence and semiconductor leadership through a heavy overweight in US mega-cap tech, with NVIDIA and Alphabet alone representing over 11 percent. Recent portfolio turnover—exiting Oracle and Boston Scientific while adding Johnson & Johnson and financial stocks—suggests the manager is cautiously rotating toward healthcare and selective banking exposure while trimming software maturity. The modest cash buffer and broadening sector participation indicate conviction in international diversification beyond pure tech momentum, though the 31 percent top-10 concentration reveals meaningful conviction risk.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Primary	₹52.4146	+7.94%	+9.72%	+16.68%	+36.10%	+20.32%	+12.52%

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

21.07%

Top 10 Weight

31.11%

Active Share

—

Large Cap

0.00%

Gini

0.324

What Changed2026-03-31 → 2026-04-30

Holdings: 76 → 74+6 added−8 removed34 weight shifts ≥ 0.1%

Stock	Sector	Weight
Target Corp	Retailing	1.31%
JOHNSON & JOHNSON	Pharmaceuticals & Biotechnology	0.95%
UniCredit SpA	Banks	0.68%
Agnico Eagle Mines Ltd	Diversified Metals	0.50%
Capital One Financial Corp	Banks	0.45%
Corebridge Financial Inc	Insurance	0.15%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	NVIDIA Corp US67066G1040	IT - Software	EQUITY	5.85%
2	Alphabet Inc A US02079K3059	IT - Software	EQUITY	5.24%
3	Apple Inc. US0378331005	IT - Hardware	EQUITY	4.66%
4	Broadcom Inc US11135F1012	IT - Software	EQUITY	2.97%
5	Taiwan Semiconductor Manufacturing Co Ltd US8740391003	IT - Hardware	EQUITY	2.35%
6	Equitable Holdings Inc US29452E1010	Insurance	EQUITY	2.06%
7	Visa Inc US92826C8394	IT - Software	EQUITY	2.05%
8	Western Alliance Bancorp US9576381092	Banks	EQUITY	2.03%
9	Shell PLC GB00BP6MXD84	Oil	EQUITY	1.96%
10	UCB SA BE0003739530	Pharmaceuticals & Biotechnology	EQUITY	1.93%
11	Pinnacle Financial Partners Inc US72348N1090	Banks	EQUITY	1.82%
12	Walmart Inc US9311421039	Retailing	EQUITY	1.80%
13	SoftBank Group Corp JP3436100006	Telecom - Services	EQUITY	1.80%
14	Net Receivables / (Payables) nan	nan	CASH_EQUIVALENT	1.78%
15	PHILIP MORRIS INTERNATIONAL INC US7181721090	Cigarettes & Tobacco Products	EQUITY	1.76%
16	MICROSOFT CORPORATION US5949181045	IT - Software	EQUITY	1.69%
17	Adyen NV NL0012969182	Financial Technology (Fintech)	EQUITY	1.66%
18	Coca-Cola Co. US1912161007	Beverages	EQUITY	1.61%
19	Seagate Technology Holdings PLC IE00BKVD2N49	��Consumer Durables	EQUITY	1.60%
20	Verizon Communications Inc US92343V1044	Telecom - Services	EQUITY	1.55%

Sector Allocation

IT - Software19.3%

IT - Hardware7.0%

Pharmaceuticals & Biotechnology6.4%

Banks6.3%

Retailing5.5%

Telecom - Services4.8%

Insurance4.7%

Industrial Manufacturing4.6%

Oil4.1%

Financial Technology (Fintech)2.9%

Top 10 sectors by % to NAV. Excludes derivatives.