Aditya Birla Sun Life Manufacturing Equity Fund
This manufacturing-focused fund remains heavily tilted toward capital-intensive sectors, with auto components, industrials, and metals collectively commanding nearly 40 percent of the portfolio. The manager's recent pruning of Vedanta Limited while adding its subsidiary entities—along with fresh positions in power and specialty engineering—suggests a tactical shift toward operational leverage and cleaner sector dynamics rather than broad diversification. With top-5 holdings near 21 percent and minimal cash, the fund is betting decisively on India's manufacturing resurgence, making it suitable only for investors comfortable with cyclical volatility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹39.7400 | — | — | — | — |
| Regular Growth | ₹35.8500 | +4.12% | +15.50% | +22.13% | +14.72% |
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 | 1.75% |
| MALCO ENERGY LTD | 0.29% |
| TALWANDI SABO POWER LTD | 0.17% |
| VEDANTA IRON AND STEEL LTD | 0.09% |
| Ingersoll Rand (India) Limited | 0.01% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Hindalco Industries Limited INE038A01020 | 5.38% |
| 2 | Reliance Industries Limited INE002A01018 | 4.53% |
| 3 | Cummins India Limited INE298A01020 | 3.89% |
| 4 | Mahindra & Mahindra Limited INE101A01026 | 3.87% |
| 5 | Maruti Suzuki India Limited INE585B01010 | 3.55% |
| 6 | Tata Steel Limited INE081A01020 | 3.28% |
| 7 | Sun Pharmaceutical Industries Limited INE044A01036 | 2.97% |
| 8 | Jindal Steel & Power Limited INE749A01030 | 2.71% |
| 9 | Bharat Electronics Limited INE263A01024 | 2.53% |
| 10 | Bharat Forge Limited INE465A01025 | 2.27% |
| 11 | Sansera Engineering Ltd INE953O01021 | 2.17% |
| 12 | United Breweries Limited INE686F01025 | 2.11% |
| 13 | AIA Engineering Limited INE212H01026 | 2.08% |
| 14 | Bajaj Auto Limited INE917I01010 | 2.03% |
| 15 | Samvardhana Motherson International Limited INE775A01035 | 2.02% |
| 16 | Voltas Limited INE226A01021 | 1.98% |
| 17 | Sona BLW Precision Forgings Limited INE073K01018 | 1.98% |
| 18 | TD Power Systems Limited INE419M01027 | 1.89% |
| 19 | IPCA Laboratories Limited INE571A01038 | 1.85% |
| 20 | Radico Khaitan Limited INE944F01028 | 1.85% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Aditya Birla Sun Life Manufacturing Equity Fund hold?
Aditya Birla Sun Life Manufacturing Equity Fund holds 66 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 21.22% of NAV.
What is the largest holding in Aditya Birla Sun Life Manufacturing Equity Fund?
The largest position in Aditya Birla Sun Life Manufacturing Equity Fund is Hindalco Industries Limited, accounting for 5.38% of NAV in the Non - Ferrous Metals sector.
Is Aditya Birla Sun Life Manufacturing Equity Fund a concentrated or diversified fund?
With a Gini coefficient of 0.357, Aditya Birla Sun Life Manufacturing Equity Fund is well-diversified. The HHI concentration index is 22,374 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 21.22% of the portfolio.
What is the market cap allocation of Aditya Birla Sun Life Manufacturing Equity Fund?
Based on SEBI's AMFI classification, Aditya Birla Sun Life Manufacturing Equity Fund's equity portfolio is split as: Large Cap: 38.96%, Mid Cap: 23.75%, Small Cap: 33.41%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Aditya Birla Sun Life Manufacturing Equity Fund invest in most?
Aditya Birla Sun Life Manufacturing Equity Fund has the highest allocation to Auto Components (13.67%), Industrial Products (12.03%), Automobiles (10.82%). The fund is invested across 22 sectors in total.
How actively managed is Aditya Birla Sun Life Manufacturing Equity Fund compared to other Sectoral / Thematic funds?
Aditya Birla Sun Life Manufacturing Equity Fund has an Active Share of 84.17%, 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 Manufacturing Equity Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Aditya Birla Sun Life Manufacturing Equity Fund added 5 new stocks (including VEDANTA ALUMINIUM METAL LTD). Total holding count increased from 62 to 67 stocks.