Funds/Sectoral / Thematic/Aditya Birla Sun Life MNC Fund

Aditya Birla Sun Life MNC Fund

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

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	3M	6M	1Y	3Y CAGR	5Y CAGR
Primary	₹1245.0800	+1.99%	-3.45%	-7.95%	-2.06%	+10.64%	+6.67%

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

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

20.54%

Top 10 Weight

34.60%

Active Share

—

Large Cap

27.23%

Gini

0.395

What Changed2026-03-31 → 2026-04-30

Holdings: 73 → 75+4 added−2 removed33 weight shifts ≥ 0.1%

Stock	Sector	Weight
VEDANTA ALUMINIUM METAL LTD	Non - Ferrous Metals	1.75%
MALCO ENERGY LTD	Oil	0.29%
TALWANDI SABO POWER LTD	Power	0.17%
VEDANTA IRON AND STEEL LTD	Ferrous Metals	0.09%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	Maruti Suzuki India Limited INE585B01010	Automobiles	EQUITY	5.56%
2	Hindustan Unilever Limited INE030A01027	Diversified FMCG	EQUITY	4.14%
3	Cummins India Limited INE298A01020	Industrial Products	EQUITY	3.67%
4	Schaeffler India Limited INE513A01022	Auto Components	EQUITY	3.61%
5	Nestle India Limited INE239A01024	Food Products	EQUITY	3.56%
6	United Spirits Limited INE854D01024	Beverages	EQUITY	3.37%
7	United Breweries Limited INE686F01025	Beverages	EQUITY	2.97%
8	Bayer Cropscience Limited INE462A01022	Fertilizers & Agrochemicals	EQUITY	2.71%
9	ICRA Limited INE725G01011	Capital Markets	EQUITY	2.60%
10	Gland Pharma Limited INE068V01023	Pharmaceuticals & Biotechnology	EQUITY	2.41%
11	Pfizer Limited INE182A01018	Pharmaceuticals & Biotechnology	EQUITY	2.16%
12	Honeywell Automation India Limited INE671A01010	Industrial Manufacturing	EQUITY	2.15%
13	CRISIL Limited INE007A01025	Finance	EQUITY	2.12%
14	Procter & Gamble Hygiene and Health Care Limited INE179A01014	Personal Products	EQUITY	2.10%
15	3M India Limited INE470A01017	Diversified	EQUITY	1.98%
16	Bosch Limited INE323A01026	Auto Components	EQUITY	1.89%
17	ABB India Limited INE117A01022	Electrical Equipment	EQUITY	1.85%
18	GlaxoSmithKline Pharmaceuticals Limited INE159A01016	Pharmaceuticals & Biotechnology	EQUITY	1.82%
19	MphasiS Limited INE356A01018	IT - Software	EQUITY	1.78%
20	VEDANTA ALUMINIUM METAL LTD INE1CDF01017	Non - Ferrous Metals	EQUITY	1.75%

Sector Allocation

Pharmaceuticals & Biotechnology10.5%

Auto Components9.5%

Industrial Products8.0%

Automobiles6.6%

Beverages6.3%

Food Products5.2%

Personal Products4.7%

Finance4.5%

Consumer Durables4.3%

IT - Software4.2%

Top 10 sectors by % to NAV. Excludes derivatives.