Shriram Multi Sector Rotation Fund
The portfolio has undergone significant rebalancing, rotating out of mid-tier banking and energy into bluechip financials and diversified sectors. The manager is now heavily concentrated in banks and capital markets, signaling conviction in financial sector strength while simultaneously hedging with healthcare and IT exposure. The entry of Reliance and HDFC Bank alongside exits from PSU oil majors suggests a tactical shift toward quality large-caps over cyclical plays, even as the elevated top-10 concentration of 41 percent carries heightened idiosyncratic risk.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹7.6049 | +0.69% | -4.51% | -6.07% | -2.52% | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Reliance Industries Ltd. | 5.31% |
| HDFC Bank Ltd. | 4.96% |
| HDFC Asset Management Company Ltd. | 3.37% |
| SBI Life Insurance Company Ltd. | 2.03% |
| Chalet Hotels Ltd. | 0.93% |
| CALL TECHM 26-May-2026 1540 | 0.00% |
| CALL TCS 26-May-2026 2540 | 0.00% |
| CALL INFY 26-May-2026 1240 | -0.01% |
| CALL ETERNAL 26-May-2026 250 | -0.02% |
| CALL INDIGO 26-May-2026 4200 | -0.03% |
| Clearing Corporation of India Ltd. | 2.75% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Axis Bank Ltd. INE238A01034 | 5.82% |
| 2 | Bharti Airtel Ltd. INE397D01024 | 5.49% |
| 3 | Reliance Industries Ltd. INE002A01018 | 5.31% |
| 4 | HDFC Bank Ltd. INE040A01034 | 4.96% |
| 5 | State Bank of India INE062A01020 | 3.90% |
| 6 | HDFC Asset Management Company Ltd. INE127D01025 | 3.37% |
| 7 | Adani Ports & Special Economic Zone Ltd. INE742F01042 | 3.19% |
| 8 | Ajanta Pharma Ltd. INE031B01049 | 3.17% |
| 9 | Mahindra & Mahindra Ltd. INE101A01026 | 3.07% |
| 10 | Apollo Hospitals Enterprise Ltd. INE437A01024 | 2.95% |
| 11 | Eternal Ltd. INE758T01015 | 2.90% |
| 12 | Clearing Corporation of India Ltd. INTREP040526 | 2.75% |
| 13 | InterGlobe Aviation Ltd. INE646L01027 | 2.71% |
| 14 | Net Receivables / (Payables) | 2.70% |
| 15 | Nuvama Wealth Management Ltd. INE531F01023 | 2.70% |
| 16 | Infosys Ltd. INE009A01021 | 2.64% |
| 17 | Oil India Ltd. INE274J01014 | 2.57% |
| 18 | Computer Age Management Services Ltd. INE596I01020 | 2.55% |
| 19 | R R Kabel Ltd. INE777K01022 | 2.53% |
| 20 | Lemon Tree Hotels Ltd. INE970X01018 | 2.51% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.