Aditya Birla Sun Life MNC Fund
This MNC-focused fund maintains a fortress-like concentration in quality multinational exporters, with nearly 35% locked in the top 10 holdings—a bet on steady earnings and forex tailwinds. The manager's recent pivot toward energy and metals through four new positions, while paring Vedanta, signals a tactical shift toward inflation hedges and commodity cyclicals rather than pure multi-national defensive positioning. The portfolio's steady tilt toward pharmaceuticals, auto components, and consumer staples suggests conviction in structural growth narratives, though the concentration warrants careful monitoring for liquidity and volatility risks.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹1251.9200 | +0.28% | -3.49% | +10.69% | +6.79% |
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% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Maruti Suzuki India Limited INE585B01010 | 5.56% |
| 2 | Hindustan Unilever Limited INE030A01027 | 4.14% |
| 3 | Cummins India Limited INE298A01020 | 3.67% |
| 4 | Schaeffler India Limited INE513A01022 | 3.61% |
| 5 | Nestle India Limited INE239A01024 | 3.56% |
| 6 | United Spirits Limited INE854D01024 | 3.37% |
| 7 | United Breweries Limited INE686F01025 | 2.97% |
| 8 | Bayer Cropscience Limited INE462A01022 | 2.71% |
| 9 | ICRA Limited INE725G01011 | 2.60% |
| 10 | Gland Pharma Limited INE068V01023 | 2.41% |
| 11 | Pfizer Limited INE182A01018 | 2.16% |
| 12 | Honeywell Automation India Limited INE671A01010 | 2.15% |
| 13 | CRISIL Limited INE007A01025 | 2.12% |
| 14 | Procter & Gamble Hygiene and Health Care Limited INE179A01014 | 2.10% |
| 15 | 3M India Limited INE470A01017 | 1.98% |
| 16 | Bosch Limited INE323A01026 | 1.89% |
| 17 | ABB India Limited INE117A01022 | 1.85% |
| 18 | GlaxoSmithKline Pharmaceuticals Limited INE159A01016 | 1.82% |
| 19 | MphasiS Limited INE356A01018 | 1.78% |
| 20 | VEDANTA ALUMINIUM METAL LTD INE1CDF01017 | 1.75% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Aditya Birla Sun Life MNC Fund hold?
Aditya Birla Sun Life MNC Fund holds 74 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 20.54% of NAV.
What is the largest holding in Aditya Birla Sun Life MNC Fund?
The largest position in Aditya Birla Sun Life MNC Fund is Maruti Suzuki India Limited, accounting for 5.56% of NAV in the Automobiles sector.
Is Aditya Birla Sun Life MNC Fund a concentrated or diversified fund?
With a Gini coefficient of 0.395, Aditya Birla Sun Life MNC Fund is well-diversified. The HHI concentration index is 21,457 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 20.54% of the portfolio.
What is the market cap allocation of Aditya Birla Sun Life MNC Fund?
Based on SEBI's AMFI classification, Aditya Birla Sun Life MNC Fund's equity portfolio is split as: Large Cap: 27.23%, Mid Cap: 30.20%, Small Cap: 39.07%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Aditya Birla Sun Life MNC Fund invest in most?
Aditya Birla Sun Life MNC Fund has the highest allocation to Pharmaceuticals & Biotechnology (10.46%), Auto Components (9.53%), Industrial Products (7.99%). The fund is invested across 33 sectors in total.
How actively managed is Aditya Birla Sun Life MNC Fund compared to other Sectoral / Thematic funds?
Aditya Birla Sun Life MNC Fund has an Active Share of 87.28%, 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 MNC Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Aditya Birla Sun Life MNC Fund added 4 new stocks (including VEDANTA ALUMINIUM METAL LTD) and exited 2 stocks (including Hitachi Energy India Limited). Total holding count increased from 73 to 75 stocks.