What stocks does Aditya Birla Sun Life Business Cycle Fund hold?

Aditya Birla Sun Life Business Cycle Fund holds a portfolio of Indian equity stocks disclosed monthly by Aditya Birla Sun Life Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Aditya Birla Sun Life Business Cycle Fund?

Aditya Birla Sun Life Business Cycle Fund is managed by Aditya Birla Sun Life Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Aditya Birla Sun Life Business Cycle Fund?

Aditya Birla Sun Life Business Cycle Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is Aditya Birla Sun Life Business Cycle Fund portfolio data updated?

Portfolio holdings for Aditya Birla Sun Life Business Cycle Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Business Cycle Fund-Direct Growth

Equity Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹1,687.05 Cr

Equity only, excl. debt & cash

AAUM

₹1,785.38 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

15.6%

Diversified

Top 10 Weight

28.3%

Diversified

Changes

1 new · 1 exits

Top Sector

Banks

12.9% of portfolio

Launch Date

15 Nov 2021

5 years old

AAUM (Average Assets Under Management) of ₹1,785.38 Cr for Jul-Sep 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Aditya Birla Sun Life Business Cycle Fund made 1 new addition and exited 1 stock this month. The biggest new buy was Grasim Industries Limited (Cement & Cement Products) at 1.03% weight. UltraTech Cement Limited was the biggest exit (Cement & Cement Products), which was held at 1.08%. Among existing holdings, Syrma SGS Technology Limited saw the biggest increase — now at 2.05% of the portfolio. Ather Energy Limited was trimmed the most, now at 2.07%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 12.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Aditya Birla Sun Life Business Cycle Fund-Direct Growth

-6.83%

-6.00%

-0.38%

-3.30%

Latest NAV

₹15.83

23 Oct 2026

52W High

₹17.69

-11% from High

52W Low

₹14.39

+10% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+5.7%

2024

+19.8%

2023

+20.8%

2022

+6.8%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

14.4%

+ve in 95% windows

41.5% / -6.7%

3Y Rolling Avg

15.1% p.a.

+ve in 100% windows

22.0% / 10.1%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-17.8%

Rec: Jul 2026 (1yr 11mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

-16.4%

Rec: Sep 2022 (4 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.34

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.47

Penalises downside volatility only.

Std Deviation (3Y)

13.8%

Lower = more consistent returns.

NAV Chart ₹15.83 23 Oct 2026

Simple Moving Avg: Click to draw · click again to remove

Aditya Birla Sun Life Business Cycle Fund-Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹15.83

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	14.7%	13.2%	▼ -1.5%
Industrial Products	8.4%	9.6%	▲ +1.3%
IT - Software	9.2%	8.5%	▼ -0.7%
Finance	5.9%	7.7%	▲ +1.8%
Pharmaceuticals & Biotechnology	7.6%	7.5%	● -0.1%
Auto Components	5.9%	6.2%	▲ +0.4%
Automobiles	5.7%	6.2%	▲ +0.5%
Healthcare Services	7.0%	5.8%	▼ -1.2%
Retailing	5.3%	5.7%	▲ +0.4%
Ferrous Metals	3.8%	3.9%	▲ +0.1%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	13.2%	12.9%	▼ -0.3%
Industrial Products	9.6%	9.6%	● +0.0%
IT - Software	8.5%	8.3%	▼ -0.1%
Pharmaceuticals & Biotechnology	7.5%	8.0%	▲ +0.5%
Finance	7.7%	7.4%	▼ -0.3%
Auto Components	6.2%	6.1%	▼ -0.1%
Retailing	5.7%	6.0%	▲ +0.3%
Automobiles	6.2%	5.9%	▼ -0.3%
Healthcare Services	5.8%	5.6%	▼ -0.3%
Ferrous Metals	3.9%	4.0%	● +0.1%

🟢

Biggest New Buy

Grasim Industries Limited

1.03% weight · Cement & Cement Products

🔴

Biggest Exit

UltraTech Cement Limited

1.08% was held · Cement & Cement Products

↑

Biggest Add

Syrma SGS Technology Limited

+0.50% · now 2.05%

↓

Biggest Trim

Ather Energy Limited

-0.26% · now 2.07%

🤝 Other funds also bought this month

Grasim Industries Limited 22 funds

👋 Other funds also exited

UltraTech Cement Limited 29 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 1 New Entry 🔴 1 Exit ↑ 24 Increased ↓ 24 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Grasim Industries Limited ₹17.76 Cr	Cement & Cement Products	1.03%

#	Stock	Sector	Last Weight (Aug 2026)
1	UltraTech Cement Limited ₹19.99 Cr	Cement & Cement Products	1.08%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Syrma SGS Technology Limited ₹35.34 Cr	Industrial Manufacturing	1.55%	2.05%	+0.50%
2	Sai Life Sciences Limited ₹44.29 Cr	Pharmaceuticals & Biotechnology	2.30%	2.57%	+0.27%
3	Meesho Ltd ₹21.09 Cr	Retailing	1.03%	1.22%	+0.19%
4	Shivalik Bimetal Controls Ltd ₹50.46 Cr	Industrial Products	2.73%	2.92%	+0.19%
5	Ajanta Pharma Limited ₹39.29 Cr	Pharmaceuticals & Biotechnology	2.12%	2.28%	+0.16%
6	The Phoenix Mills Limited ₹27.89 Cr	Realty	1.49%	1.62%	+0.13%
7	Lenskart Solutions Limited ₹23.98 Cr	Retailing	1.26%	1.39%	+0.13%
8	GMR Airports Limited ₹19.03 Cr	Transport Infrastructure	1.02%	1.10%	+0.08%
9	JK Cement Limited ₹25.46 Cr	Cement & Cement Products	1.40%	1.48%	+0.08%
10	APL Apollo Tubes Limited ₹23.42 Cr	Industrial Products	1.29%	1.36%	+0.07%
11	Eternal Limited ₹23.54 Cr	Retailing	1.31%	1.36%	+0.05%
12	JSW Steel Limited ₹32.59 Cr	Ferrous Metals	1.84%	1.89%	+0.05%
13	Bank of Maharashtra ₹28.47 Cr	Banks	1.60%	1.65%	+0.05%
14	Jindal Steel Limited ₹36.04 Cr	Ferrous Metals	2.05%	2.09%	+0.04%
15	TVS Motor Company Limited ₹41.16 Cr	Automobiles	2.36%	2.39%	+0.03%
16	Marico Limited ₹16.51 Cr	Agricultural Food & other Products	0.93%	0.96%	+0.03%
17	Sobha Limited ₹12.22 Cr	Realty	0.68%	0.71%	+0.03%
18	Procter & Gamble Health Limited ₹15.79 Cr	Pharmaceuticals & Biotechnology	0.89%	0.92%	+0.03%
19	Vedanta Aluminium Metal Limited ₹40.55 Cr	Metals & Minerals Trading	2.32%	2.35%	+0.03%
20	Torrent Pharmaceuticals Limited ₹38.52 Cr	Pharmaceuticals & Biotechnology	2.21%	2.23%	+0.02%
21	Sundaram Finance Limited ₹14.99 Cr	Finance	0.85%	0.87%	+0.02%
22	Thomas Cook (India) Limited ₹18.72 Cr	Leisure Services	1.07%	1.09%	+0.02%
23	Persistent Systems Limited ₹25.08 Cr	IT - Software	1.44%	1.45%	+0.01%
24	Narayana Hrudayalaya Limited ₹32.03 Cr	Healthcare Services	1.85%	1.86%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Ather Energy Limited ₹35.63 Cr	Automobiles	2.33%	2.07%	-0.26%
2	R R Kabel Limited ₹47.64 Cr	Industrial Products	3.00%	2.76%	-0.24%
3	The Federal Bank Limited ₹56.66 Cr	Banks	3.45%	3.28%	-0.17%
4	Fortis Healthcare Limited ₹26.14 Cr	Healthcare Services	1.67%	1.52%	-0.15%
5	Thyrocare Technologies Limited ₹37.61 Cr	Healthcare Services	2.31%	2.18%	-0.13%
6	ICICI Bank Limited ₹69.71 Cr	Banks	4.16%	4.04%	-0.12%
7	L&T Finance Limited ₹15.90 Cr	Finance	1.04%	0.92%	-0.12%
8	Shriram Finance Limited ₹27.02 Cr	Finance	1.66%	1.57%	-0.09%
9	Mastek Limited ₹33.43 Cr	IT - Software	2.03%	1.94%	-0.09%
10	S.J.S. Enterprises Limited ₹43.15 Cr	Auto Components	2.58%	2.50%	-0.08%
11	Eicher Motors Limited ₹24.31 Cr	Automobiles	1.47%	1.41%	-0.06%
12	Indian Bank ₹24.18 Cr	Banks	1.46%	1.40%	-0.06%
13	Honasa Consumer Limited ₹23.74 Cr	Personal Products	1.44%	1.38%	-0.06%
14	FSN E-Commerce Ventures Limited ₹35.20 Cr	Retailing	2.09%	2.04%	-0.05%
15	Delhivery Limited ₹19.17 Cr	Transport Services	1.16%	1.11%	-0.05%
16	Zensar Technologies Limited ₹39.89 Cr	IT - Software	2.36%	2.31%	-0.05%
17	Muthoot Finance Limited ₹39.27 Cr	Finance	2.32%	2.28%	-0.04%
18	Bajaj Finance Limited ₹16.31 Cr	Finance	0.97%	0.95%	-0.02%
19	Craftsman Automation Limited ₹43.89 Cr	Auto Components	2.56%	2.54%	-0.02%
20	Hindalco Industries Limited ₹29.95 Cr	Non - Ferrous Metals	1.75%	1.74%	-0.01%
21	Vedanta Limited ₹12.12 Cr	Diversified Metals	0.71%	0.70%	-0.01%
22	Karur Vysya Bank Limited ₹42.99 Cr	Banks	2.50%	2.49%	-0.01%
23	Birlasoft Limited ₹45.45 Cr	IT - Software	2.64%	2.63%	-0.01%
24	Pricol Limited ₹18.35 Cr	Auto Components	1.07%	1.06%	-0.01%

What Stocks Does This Fund Hold?

57 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹69.71 Cr	Banks	4.04%
2	The Federal Bank Limited ₹56.66 Cr	Banks	3.28%
3	Shivalik Bimetal Controls Ltd ₹50.46 Cr	Industrial Products	2.92%
4	R R Kabel Limited ₹47.64 Cr	Industrial Products	2.76%
5	Birlasoft Limited ₹45.45 Cr	IT - Software	2.63%
6	Shaily Engineering Plastics Ltd ₹44.61 Cr	Industrial Products	2.59%
7	Sai Life Sciences Limited ₹44.29 Cr	Pharmaceuticals & Biotechnology	2.57%
8	Craftsman Automation Limited ₹43.89 Cr	Auto Components	2.54%
9	S.J.S. Enterprises Limited ₹43.15 Cr	Auto Components	2.50%
10	Karur Vysya Bank Limited ₹42.99 Cr	Banks	2.49%
11	TVS Motor Company Limited ₹41.16 Cr	Automobiles	2.39%
12	Vedanta Aluminium Metal Limited ₹40.55 Cr	Metals & Minerals Trading	2.35%
13	Zensar Technologies Limited ₹39.89 Cr	IT - Software	2.31%
14	Ajanta Pharma Limited ₹39.29 Cr	Pharmaceuticals & Biotechnology	2.28%
15	Muthoot Finance Limited ₹39.27 Cr	Finance	2.28%
16	Torrent Pharmaceuticals Limited ₹38.52 Cr	Pharmaceuticals & Biotechnology	2.23%
17	Thyrocare Technologies Limited ₹37.61 Cr	Healthcare Services	2.18%
18	Jindal Steel Limited ₹36.04 Cr	Ferrous Metals	2.09%
19	Ather Energy Limited ₹35.63 Cr	Automobiles	2.07%
20	Syrma SGS Technology Limited ₹35.34 Cr	Industrial Manufacturing	2.05%
21	FSN E-Commerce Ventures Limited ₹35.20 Cr	Retailing	2.04%
22	Mastek Limited ₹33.43 Cr	IT - Software	1.94%
23	JSW Steel Limited ₹32.59 Cr	Ferrous Metals	1.89%
24	Narayana Hrudayalaya Limited ₹32.03 Cr	Healthcare Services	1.86%
25	CG Power and Industrial Solutions Limited ₹31.18 Cr	Electrical Equipment	1.81%
26	Hindalco Industries Limited ₹29.95 Cr	Non - Ferrous Metals	1.74%
27	Bank of Maharashtra ₹28.47 Cr	Banks	1.65%
28	The Phoenix Mills Limited ₹27.89 Cr	Realty	1.62%
29	Shriram Finance Limited ₹27.02 Cr	Finance	1.57%
30	Chalet Hotels Limited ₹26.20 Cr	Leisure Services	1.52%
31	Fortis Healthcare Limited ₹26.14 Cr	Healthcare Services	1.52%
32	JK Cement Limited ₹25.46 Cr	Cement & Cement Products	1.48%
33	Persistent Systems Limited ₹25.08 Cr	IT - Software	1.45%
34	Eicher Motors Limited ₹24.31 Cr	Automobiles	1.41%
35	Indian Bank ₹24.18 Cr	Banks	1.40%
36	Lenskart Solutions Limited ₹23.98 Cr	Retailing	1.39%
37	Honasa Consumer Limited ₹23.74 Cr	Personal Products	1.38%
38	Eternal Limited ₹23.54 Cr	Retailing	1.36%
39	APL Apollo Tubes Limited ₹23.42 Cr	Industrial Products	1.36%
40	Larsen & Toubro Limited ₹22.36 Cr	Construction	1.30%
41	Bharat Electronics Limited ₹22.13 Cr	Aerospace & Defense	1.28%
42	Meesho Ltd ₹21.09 Cr	Retailing	1.22%
43	Delhivery Limited ₹19.17 Cr	Transport Services	1.11%
44	GMR Airports Limited ₹19.03 Cr	Transport Infrastructure	1.10%
45	Thomas Cook (India) Limited ₹18.72 Cr	Leisure Services	1.09%
46	Pricol Limited ₹18.35 Cr	Auto Components	1.06%
47	Grasim Industries Limited ₹17.76 Cr	Cement & Cement Products	1.03%
48	Marico Limited ₹16.51 Cr	Agricultural Food & other Products	0.96%
49	Bajaj Finance Limited ₹16.31 Cr	Finance	0.95%
50	L&T Finance Limited ₹15.90 Cr	Finance	0.92%
51	Procter & Gamble Health Limited ₹15.79 Cr	Pharmaceuticals & Biotechnology	0.92%
52	Sundaram Finance Limited ₹14.99 Cr	Finance	0.87%
53	Ambuja Cements Limited ₹14.62 Cr	Cement & Cement Products	0.85%
54	Mas Financial Services Limited ₹13.94 Cr	Finance	0.81%
55	Sobha Limited ₹12.22 Cr	Realty	0.71%
56	Vedanta Limited ₹12.12 Cr	Diversified Metals	0.70%
57	Kirloskar Brothers Limited ₹8.95 L	Industrial Products	0.01%