← Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Business Cycle Fund-Direct Growth

Equity Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
70
May 2026
Equity Holdings
₹1,617.79 Cr
Equity only, excl. debt & cash
Top 5 Weight
15.8%
Diversified
Top 10 Weight
26.4%
Diversified
Changes
82
19 new · 19 exits
Top Sector
Banks
17.6% of portfolio
📋 What Happened This Month Aditya Birla Sun Life Business Cycle Fund made 19 new additions and exited 19 stocks this month. The biggest new buy was Muthoot Finance Limited (Finance) at 2.85% weight. Kotak Mahindra Bank Limited was the biggest exit (Banks), which was held at 2.72%. Among existing holdings, The Federal Bank Limited saw the biggest increase — now at 3.06% of the portfolio. Reliance Industries Limited was trimmed the most, now at 0.40%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 17.6%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 21.1% 20.5% -0.6%
IT - Software 9.5% 8.1% -1.4%
Industrial Products 5.4% 5.8% +0.4%
Auto Components 5.4% 5.7% +0.3%
Retailing 4.8% 5.0% +0.2%
Automobiles 4.8% 4.8% +0.1%
Consumer Durables 4.6% 4.7% +0.0%
Cement & Cement Products 3.9% 3.8% -0.1%
Finance 3.7% 3.8% +0.1%
Insurance 3.5% 3.3% -0.2%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 20.5% 17.6% -2.9%
Industrial Products 5.8% 8.5% +2.8%
Healthcare Services 2.3% 7.1% +4.8%
Auto Components 5.7% 7.0% +1.3%
Retailing 5.0% 6.7% +1.7%
Finance 3.8% 6.4% +2.6%
Pharmaceuticals & Biotechnology 2.1% 5.6% +3.6%
Automobiles 4.8% 4.3% -0.5%
Cement & Cement Products 3.8% 3.8% 0.0%
Consumer Durables 4.7% 2.6% -2.0%
🟢
Biggest New Buy
Muthoot Finance Limited
2.85% weight · Finance
🔴
Biggest Exit
Kotak Mahindra Bank Limited
2.72% was held · Banks
Biggest Add
The Federal Bank Limited
+1.47% · now 3.06%
Biggest Trim
Reliance Industries Limited
-2.75% · now 0.40%
🤝 Other funds also bought this month
TVS Motor Company Limited 36 funds
TVS Motor Company Limited
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth
Motilal Oswal Nifty 200 Momentum 30 Index Fund + more
Bharat Electronics Limited 27 funds
Bharat Electronics Limited
quant PSU Fund - Growth Option - Direct Plan
Bandhan Multi-Factor Fund - Direct Plan - Growth
Mirae Asset Nifty India Manufacturing ETF + more
Fortis Healthcare Limited 24 funds
Fortis Healthcare Limited
BAJAJ FINSERV HEALTHCARE FUND - DIRECT - GROWTH
TRUSTMF MID CAP FUND -DIRECT -GROWTH
JM Large and Midcap Fund + more
Muthoot Finance Limited 23 funds
Muthoot Finance Limited
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth
Motilal Oswal Nifty 200 Momentum 30 Index Fund
HDFC NIFTY200 MOMENTUM 30 INDEX FUND + more
Indian Bank 20 funds
Indian Bank
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth
HDFC NIFTY200 MOMENTUM 30 INDEX FUND
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth + more
FSN E-Commerce Ventures Limited 17 funds
FSN E-Commerce Ventures Limited
HDFC NIFTY200 MOMENTUM 30 INDEX FUND
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth
Motilal Oswal Nifty 200 Momentum 30 Index Fund + more
👋 Other funds also exited
Kotak Mahindra Bank Limited 26 funds
Kotak Mahindra Bank Limited
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan
quant Focused Fund - Growth Option-Direct Plan
quant Dynamic Asset Allocation Fund + more
Maruti Suzuki India Limited 23 funds
Maruti Suzuki India Limited
Bandhan Nifty 500 Momentum 50 Index Fund Direct Plan-Growth
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
360 ONE QUANT FUND DIRECT GROWTH + more
Bharti Airtel Limited 20 funds
Bharti Airtel Limited
Tata Nifty Next 50 Index Fund - Direct Plan Growth Option
Motilal Oswal Flexi cap Fund Direct Plan-Growth Option
Motilal Oswal Midcap Fund-Direct Plan-Growth Option + more
Infosys Limited 19 funds
Infosys Limited
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
ICICI Prudential Equity Minimum Variance Fund - Direct Plan - Growth
Tata Nifty Next 50 Index Fund - Direct Plan Growth Option + more
Godrej Consumer Products Limited 18 funds
Godrej Consumer Products Limited
BARODA BNP PARIBAS India Consumption Fund - Direct Plan - Growth Option
Union Consumption Fund - Direct Plan - Growth Option
HSBC Large Cap Fund - Direct Growth + more
Axis Bank Limited 17 funds
Axis Bank Limited
HDFC Defence Fund - Growth Option - Direct Plan
Tata Nifty Next 50 Index Fund - Direct Plan Growth Option
360 ONE ELSS Tax Saver Nifty 50 Index Fund + more

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 19 New Entries 🔴 19 Exits ↑ 25 Increased ↓ 19 Decreased
#StockSectorWeight (May 2026)
1
Muthoot Finance Limited
₹47.96 Cr
Finance 2.85%
2
Karur Vysya Bank Limited
₹38.22 Cr
Banks 2.27%
3
R R Kabel Limited
₹36.63 Cr
Industrial Products 2.18%
4
S.J.S. Enterprises Limited
₹36.02 Cr
Auto Components 2.14%
5
FSN E-Commerce Ventures Limited
₹28.85 Cr
Retailing 1.71%
6
Narayana Hrudayalaya Limited
₹25.90 Cr
Healthcare Services 1.54%
7
Thyrocare Technologies Limited
₹25.75 Cr
Healthcare Services 1.53%
8
The Phoenix Mills Limited
₹25.53 Cr
Realty 1.52%
9
JB Chemicals & Pharmaceuticals Limited
₹25.43 Cr
Pharmaceuticals & Biotechnology 1.51%
10
TVS Motor Company Limited
₹25.17 Cr
Automobiles 1.50%
#StockSectorLast Weight (Apr 2026)
1
Kotak Mahindra Bank Limited
₹45.91 Cr
Banks 2.72%
2
Bharti Airtel Limited
₹41.51 Cr
Telecom - Services 2.46%
3
Infosys Limited
₹40.59 Cr
IT - Software 2.41%
4
Tech Mahindra Limited
₹31.66 Cr
IT - Software 1.88%
5
Godrej Consumer Products Limited
₹31.65 Cr
Personal Products 1.88%
6
HCL Technologies Limited
₹30.78 Cr
IT - Software 1.82%
7
ICICI Lombard General Insurance Company Limited
₹26.42 Cr
Insurance 1.57%
8
SBFC Finance Limited
₹22.15 Cr
Finance 1.31%
9
AU Small Finance Bank Limited
₹19.30 Cr
Banks 1.14%
10
Axis Bank Limited
₹19.03 Cr
Banks 1.13%
#StockSectorApr 2026May 2026Change
1
The Federal Bank Limited
₹51.58 Cr
Banks 1.59% 3.06% +1.47%
2
Sai Life Sciences Limited
₹28.48 Cr
Pharmaceuticals & Biotechnology 0.48% 1.69% +1.21%
3
Bank of Maharashtra
₹28.44 Cr
Banks 0.69% 1.69% +1.00%
4
Shivalik Bimetal Controls Ltd
₹32.99 Cr
Industrial Products 1.57% 1.96% +0.39%
5
Ajanta Pharma Limited
₹31.78 Cr
Pharmaceuticals & Biotechnology 1.58% 1.89% +0.31%
6
Vedanta Limited
₹16.50 Cr
Diversified Metals 0.75% 0.98% +0.23%
7
AIA Engineering Limited
₹26.78 Cr
Industrial Products 1.39% 1.59% +0.20%
8
Dr. Lal Path Labs Limited
₹18.53 Cr
Healthcare Services 0.93% 1.10% +0.17%
9
Adani Power Limited
₹27.31 Cr
Power 1.48% 1.62% +0.14%
10
CG Power and Industrial Solutions Limited
₹21.10 Cr
Electrical Equipment 1.11% 1.25% +0.14%
#StockSectorApr 2026May 2026Change
1
Reliance Industries Limited
₹6.81 Cr
Petroleum Products 3.15% 0.40% -2.75%
2
ICICI Bank Limited
₹66.27 Cr
Banks 6.20% 3.94% -2.26%
3
HDFC Bank Limited
₹24.72 Cr
Banks 2.98% 1.47% -1.51%
4
Mahindra & Mahindra Limited
₹23.45 Cr
Automobiles 2.42% 1.39% -1.03%
5
Cholamandalam Investment and Finance Company Ltd
₹3.70 Cr
Finance 0.93% 0.22% -0.71%
6
Gokaldas Exports Limited
₹4.50 Cr
Textiles & Apparels 0.90% 0.27% -0.63%
7
LAKSHMI MACHINE WORKS LTD
₹9.12 Cr
Industrial Manufacturing 0.97% 0.54% -0.43%
8
State Bank of India
₹61.72 Cr
Banks 4.05% 3.67% -0.38%
9
Pine Labs Limited
₹13.01 Cr
Financial Technology (Fintech) 1.03% 0.77% -0.26%
10
Blue Star Limited
₹20.30 Cr
Consumer Durables 1.35% 1.21% -0.14%

What Stocks Does This Fund Hold?

70 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹66.27 Cr
Banks
3.94%
2
₹61.72 Cr
Banks
3.67%
3
₹51.58 Cr
Banks
3.06%
4
₹47.96 Cr
Finance
2.85%
5
₹38.33 Cr
Ferrous Metals
2.28%
6
₹38.22 Cr
Banks
2.27%
7
₹36.63 Cr
Industrial Products
2.18%
8
₹36.02 Cr
Auto Components
2.14%
9
₹34.25 Cr
Auto Components
2.04%
10
₹32.99 Cr
Industrial Products
1.96%
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🏦 Aditya Birla Sun Life Mutual Fund — Portfolio & Holdings
See all funds managed by Aditya Birla Sun Life Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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