Aditya Birla Sun Life Manufacturing Equity Fund - Regular Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Fund House : Aditya Birla Sun Life Mutual Fund

Portfolio Turnover Ratio : 36.00%. Category average turnover ratio is 153.01%. Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 98.84% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.84%

No of Stocks : 62 (Category Avg - 44.44) | Large Cap Investments : 34.18%| Mid Cap Investments : 23.14% | Small Cap Investments : 18.74% | Other : 22.78%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	62	43.41
Top 5 Stock Weight	23.4%	32.46%
Top 10 Stock Weight	37.31%	49.59%
Top 3 Sector Weight	29.67%	43.5%

Category - Sectoral/Thematic

Particulars	This Scheme	Category
Average mcap (Cr)	71866.11	72450.77
Holdings in large cap stocks	34.18%	37.14%
Holdings in mid cap stocks	23.14%	14.47%
Holdings in small cap stocks	18.74%	13.1%

Category - Sectoral/Thematic

Top 10 Stocks holding in Portfolio (as on 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Reliance Industries Ltd.	Refineries & marketing	584.1	5.24%	0.23%	7.08% (Apr 2025)	4.29% (Dec 2024)	3.93 L	0.00
Hindalco Industries Ltd.	Aluminium	583.4	5.23%	0.33%	5.23% (Oct 2025)	2.59% (Dec 2024)	6.88 L	0.00
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	527.4	4.73%	-0.15%	4.88% (Sep 2025)	3.2% (Dec 2024)	32.58 k	0.00
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	523.1	4.69%	-0.11%	4.8% (Sep 2025)	3.68% (Mar 2025)	1.50 L	0.00
Cummins India Ltd.	Compressors, pumps & diesel engines	391	3.51%	-0.45%	3.96% (Sep 2025)	2.83% (Jan 2025)	90.00 k	-0.18 L
Tata Steel Ltd.	Iron & steel products	347.9	3.12%	0.12%	3.12% (Oct 2025)	2.39% (Dec 2024)	19.03 L	0.00
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	321.6	2.89%	0.13%	2.89% (Oct 2025)	1.98% (Nov 2024)	1.90 L	5.00 k
United Breweries Ltd.	Breweries & distilleries	300.5	2.70%	-0.12%	4.25% (Apr 2025)	2.7% (Oct 2025)	1.67 L	0.00
Vedanta Ltd.	Diversified metals	290.4	2.61%	0.04%	2.61% (Oct 2025)	1.06% (Nov 2024)	5.88 L	0.00
Bharat Electronics Ltd.	Aerospace & defense	289	2.59%	0.03%	2.63% (Jun 2025)	1.85% (Feb 2025)	6.78 L	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 31st Oct,2025)

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Sector
M-Cap

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Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
Reliance Industries Ltd.	Refineries & marketing	5.24	584.1	5.24%	0.23%	7.08% (Apr 2025)	4.29% (Dec 2024)	3.93 L	0.00	Large Cap	34.18
Hindalco Industries Ltd.	Aluminium	5.23	583.4	5.23%	0.33%	5.23% (Oct 2025)	2.59% (Dec 2024)	6.88 L	0.00	Large Cap	34.18
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	9.42	527.4	4.73%	-0.15%	4.88% (Sep 2025)	3.2% (Dec 2024)	32.58 k	0.00	Large Cap	34.18
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	9.42	523.1	4.69%	-0.11%	4.8% (Sep 2025)	3.68% (Mar 2025)	1.50 L	0.00	Large Cap	34.18
Cummins India Ltd.	Compressors, pumps & diesel engines	3.51	391	3.51%	-0.45%	3.96% (Sep 2025)	2.83% (Jan 2025)	90.00 k	-0.18 L	Mid Cap	23.14
Tata Steel Ltd.	Iron & steel products	9.57	347.9	3.12%	0.12%	3.12% (Oct 2025)	2.39% (Dec 2024)	19.03 L	0.00	Other	22.78
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	9.58	321.6	2.89%	0.13%	2.89% (Oct 2025)	1.98% (Nov 2024)	1.90 L	5.00 k	Large Cap	34.18
United Breweries Ltd.	Breweries & distilleries	4.57	300.5	2.70%	-0.12%	4.25% (Apr 2025)	2.7% (Oct 2025)	1.67 L	0.00	Large Cap	34.18
Vedanta Ltd.	Diversified metals	2.61	290.4	2.61%	0.04%	2.61% (Oct 2025)	1.06% (Nov 2024)	5.88 L	0.00	Large Cap	34.18
Bharat Electronics Ltd.	Aerospace & defense	2.59	289	2.59%	0.03%	2.63% (Jun 2025)	1.85% (Feb 2025)	6.78 L	0.00	Mid Cap	23.14
Jindal Steel Ltd.	Iron & steel products	9.57	273.6	2.45%	-0.09%	2.55% (Sep 2025)	0.95% (Nov 2024)	2.56 L	0.00	Mid Cap	23.14
Voltas Limited	Household appliances	5.87	242.1	2.17%	-0.16%	3.02% (Dec 2024)	2.17% (Oct 2025)	1.75 L	-9.55 k	Mid Cap	23.14
Bluestone Jewellery and Lifestyle Ltd.	Gems, jewellery and watches	2.1	233.6	2.10%	0.25%	2.1% (Oct 2025)	0% (Nov 2024)	3.30 L	0.00	Other	22.78
Endurance Technologies Ltd.	Auto components & equipments	10.52	210.5	1.89%	-0.01%	2.04% (Aug 2025)	1.31% (Feb 2025)	74.16 k	0.00	Mid Cap	23.14
Bajaj Auto Ltd.	2/3 wheelers	2.94	209.5	1.88%	-0.03%	1.95% (Aug 2025)	1.48% (Dec 2024)	23.56 k	0.00	Large Cap	34.18
Radico Khaitan Ltd.	Breweries & distilleries	4.57	208.9	1.87%	0.07%	2.57% (Apr 2025)	1.8% (Sep 2025)	66.72 k	0.00	Small Cap	18.74
Motherson Sumi Systems Ltd.	Auto components & equipments	10.52	203	1.82%	-0.08%	1.9% (Sep 2025)	0.67% (Jan 2025)	19.27 L	0.00	Large Cap	34.18
AIA Engineering Ltd.	Castings & forgings	4.73	197.8	1.77%	0.04%	2.23% (Jan 2025)	1.54% (Nov 2024)	60.87 k	0.00	Mid Cap	23.14
Shyam Metalics and Energy Ltd.	Iron & steel products	9.57	197.5	1.77%	-0.36%	2.45% (Jul 2025)	1.62% (Dec 2024)	2.25 L	-0.25 L	Other	22.78
Carborundum Universal Ltd.	Abrasives & bearings	1.68	187.1	1.68%	-0.12%	2.14% (Apr 2025)	0% (Nov 2024)	2.08 L	0.00	Small Cap	18.74
Bharat Forge Ltd.	Castings & forgings	4.73	184.8	1.66%	0.08%	1.68% (Jun 2025)	1.43% (Nov 2024)	1.39 L	0.00	Mid Cap	23.14
Tube Investments Of India Ltd.	Auto components & equipments	10.52	181.4	1.63%	-0.11%	1.81% (Dec 2024)	1.48% (Feb 2025)	60.00 k	0.00	Small Cap	18.74
Sona BLW Precision Forgings Ltd.	Auto components & equipments	10.52	178.3	1.60%	0.15%	1.94% (May 2025)	0.56% (Nov 2024)	3.77 L	0.00	Other	22.78
Ipca Laboratories Ltd.	Pharmaceuticals	9.58	178	1.60%	-0.16%	1.94% (Jul 2025)	0% (Nov 2024)	1.40 L	0.00	Other	22.78
Ajanta Pharma Limited	Pharmaceuticals	9.58	172.6	1.55%	0.54%	1.55% (Oct 2025)	1.01% (Sep 2025)	70.00 k	25.00 k	Small Cap	18.74
Blue Star Ltd.	Household appliances	5.87	167	1.50%	-0.02%	1.55% (Aug 2025)	0% (Nov 2024)	86.20 k	0.00	Small Cap	18.74
Asian Paints (india) Ltd.	Paints	1.45	162.2	1.45%	0.04%	1.58% (Apr 2025)	1.24% (Dec 2024)	64.58 k	0.00	Large Cap	34.18
Lakshmi Machine Works Ltd.	Industrial products	3.56	157.4	1.41%	0.06%	1.51% (May 2025)	0.44% (Nov 2024)	10.00 k	0.00	Small Cap	18.74
NMDC LTD	Industrial minerals	1.36	151.6	1.36%	-0.07%	1.43% (Sep 2025)	1.17% (Dec 2024)	20.00 L	0.00	Mid Cap	23.14
Sansera Engineering Ltd.	Auto components & equipments	10.52	151.4	1.36%	0.08%	1.36% (Oct 2025)	1.09% (Apr 2025)	1.00 L	0.00	Other	22.78
TD Power Systems Ltd.	Heavy electrical equipment	3.2	147.2	1.32%	0.21%	1.96% (Apr 2025)	0.93% (Jun 2025)	1.90 L	-0.11 L	Other	22.78
Gokaldas Exports Ltd.	Garments & apparels	1.32	146.7	1.32%	0.14%	1.54% (May 2025)	1.13% (Aug 2025)	1.75 L	0.00	Small Cap	18.74
SRF Ltd.	Specialty chemicals	3	146.5	1.31%	0.00%	1.32% (Sep 2025)	0% (Nov 2024)	50.00 k	0.00	Mid Cap	23.14
Happy Forgings Ltd.	Castings & forgings	4.73	145	1.30%	0.08%	1.35% (Jan 2025)	1.03% (Mar 2025)	1.42 L	0.00	Other	22.78
Cyient DLM Ltd.	Industrial products	3.56	145	1.30%	0.04%	1.47% (May 2025)	0.57% (Jan 2025)	3.21 L	0.00	Other	22.78
Sundram Fasteners Ltd.	Auto components & equipments	10.52	132.9	1.19%	-0.11%	1.37% (Aug 2025)	1.18% (Mar 2025)	1.40 L	0.00	Mid Cap	23.14
Shivalik Bimetal Controls Ltd.	Iron & steel products	9.57	126.3	1.13%	-0.10%	1.36% (Jun 2025)	1.07% (Feb 2025)	2.63 L	0.00	Small Cap	18.74
Welspun Corp Ltd.	Iron & steel products	9.57	123	1.10%	0.07%	1.68% (May 2025)	1.03% (Sep 2025)	1.27 L	-1.73 k	Small Cap	18.74
- Piramal Pharma Ltd.	Pharmaceuticals	9.58	119.1	1.07%	0.00%	1.11% (Jul 2025)	0% (Nov 2024)	5.97 L	0.00	Other	22.78
Ather Energy Ltd.	2/3 wheelers	2.94	117.6	1.06%	0.10%	1.33% (Aug 2025)	0% (Nov 2024)	1.70 L	-0.10 L	Other	22.78
Exide Industries Ltd.	Auto components & equipments	10.52	114.6	1.03%	-0.07%	1.14% (Aug 2025)	0% (Nov 2024)	3.00 L	0.00	Mid Cap	23.14
Onesource Specialty Pharma Ltd.	Pharmaceuticals	9.58	110.1	0.99%	-0.03%	1.2% (Jun 2025)	0% (Nov 2024)	59.40 k	0.00	Other	22.78
V-Guard Industries Ltd.	Household appliances	5.87	108.7	0.97%	-0.08%	1.09% (Apr 2025)	0.9% (Jan 2025)	3.00 L	0.00	Small Cap	18.74
Alkyl Amines Chemicals Ltd.	Specialty chemicals	3	106.3	0.95%	0.11%	0.97% (Jul 2025)	0% (Nov 2024)	57.15 k	10.00 k	Other	22.78
# Thermax Ltd.	Heavy electrical equipment	3.2	104.6	0.94%	0.94%	0.94% (Oct 2025)	0% (Nov 2024)	32.51 k	32.51 k	Mid Cap	23.14
ABB India Ltd.	Heavy electrical equipment	3.2	104.4	0.94%	-0.03%	0.97% (Sep 2025)	0.49% (Feb 2025)	20.00 k	0.00	Large Cap	34.18
Techno Electric & Engineering Co. Ltd.	Civil construction	1.71	91.6	0.82%	-0.04%	1.02% (Jun 2025)	0.64% (Mar 2025)	69.44 k	0.00	Small Cap	18.74
HG Infra Engineering Ltd.	Civil construction	1.71	89.8	0.81%	-0.04%	1.2% (Dec 2024)	0.81% (Oct 2025)	97.40 k	0.00	Small Cap	18.74
Pi Industries Ltd.	Pesticides & agrochemicals	0.8	89.3	0.80%	-0.02%	0.88% (Aug 2025)	0% (Nov 2024)	24.96 k	0.00	Mid Cap	23.14
Solara Active Pharma Sciences Ltd.	Pharmaceuticals	9.58	87.6	0.79%	-0.04%	0.88% (Jul 2025)	0.3% (Jan 2025)	1.46 L	0.00	Small Cap	18.74
# Adani Power Ltd.	Power generation	0.75	83.4	0.75%	0.75%	0.75% (Oct 2025)	0% (Nov 2024)	5.28 L	5.28 L	Other	22.78
Nocil Ltd.	Specialty chemicals	3	83	0.74%	0.01%	0.99% (Nov 2024)	0.72% (Mar 2025)	4.49 L	0.00	Small Cap	18.74
Praj Industries Ltd.	Industrial products	3.56	81	0.73%	-0.01%	1.7% (Dec 2024)	0.73% (Oct 2025)	2.40 L	0.00	Small Cap	18.74
Cello World Ltd.	Household appliances	5.87	80.1	0.72%	0.06%	1.06% (Nov 2024)	0.63% (Aug 2025)	1.22 L	0.00	Other	22.78
# Shilpa Medicare Ltd.	Pharmaceuticals	9.58	77.4	0.69%	0.69%	0.69% (Oct 2025)	0% (Nov 2024)	2.19 L	2.19 L	Small Cap	18.74
Eureka Forbes Ltd.	Household appliances	5.87	56.9	0.51%	-0.03%	0.55% (Aug 2025)	0.08% (Dec 2024)	1.02 L	0.00	Other	22.78
Balkrishna Industries Ltd.	Tyres & rubber products	0.47	52.5	0.47%	-0.02%	0.54% (Jul 2025)	0% (Nov 2024)	23.03 k	0.00	Mid Cap	23.14
Finolex Industries Ltd.	Plastic products - industrial	0.42	47	0.42%	-0.05%	0.52% (May 2025)	0.41% (Mar 2025)	2.50 L	0.00	Other	22.78
Sai Life Sciences Ltd.	Petrochemicals	0.41	45.9	0.41%	0.01%	0.41% (Oct 2025)	0% (Nov 2024)	50.00 k	0.00	Other	22.78
Laxmi Dental Ltd.	Medical equipment & supplies	0.23	25.6	0.23%	-0.02%	0.36% (Jan 2025)	0% (Nov 2024)	81.41 k	0.00	Other	22.78
Aditya Infotech Ltd.	Industrial products	3.56	13.5	0.12%	-0.01%	0.13% (Sep 2025)	0% (Nov 2024)	10.28 k	0.00	Other	22.78
Interarch Building Products Ltd.	Civil construction	1.71	8.7	0.08%	-0.97%	2.57% (May 2025)	0.08% (Oct 2025)	4.14 k	-0.54 L	Other	22.78
GE T&D India Ltd.	Heavy electrical equipment	3.2	111.2	0.00%	-1.04%	-	-	-	-	Small Cap	18.74
Pitti Engineering Ltd.	Industrial products	3.56	65.4	0.00%	-0.61%	-	-	-	-	Small Cap	18.74

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# Adani Power Ltd.	Power generation	83.4	0.75%	0.75%	0.75% (Oct 2025)	0% (Nov 2024)	5.28 L	528122
# Shilpa Medicare Ltd.	Pharmaceuticals	77.4	0.69%	0.69%	0.69% (Oct 2025)	0% (Nov 2024)	2.19 L	219227
# Thermax Ltd.	Heavy electrical equipment	104.6	0.94%	0.94%	0.94% (Oct 2025)	0% (Nov 2024)	32.51 k	32507

Stocks removed from Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
GE T&D India Ltd.	Heavy electrical equipment	111.2	0.00%	-1.04%	1.35% (May 2025)	0% (Nov 2024)	0.00	-37571
Pitti Engineering Ltd.	Industrial products	65.4	0.00%	-0.61%	0.8% (Nov 2024)	0% (Nov 2024)	0.00	-65668

Trend in stock holdings (Top 15 Holding)

Stock	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024
Reliance Industries Ltd.	5.24%	5.01%	5.11%	5.14%	6.42%	6.24%	7.08%	5.87%	5.99%	4.77%	4.29%	4.52%	4.04%
Mahindra & Mahindra Ltd.	4.69%	4.80%	4.60%	4.52%	4.40%	4.22%	4.43%	3.68%	3.87%	4.03%	3.80%	3.72%	3.39%
Maruti Suzuki India Ltd.	4.73%	4.88%	4.62%	3.87%	4.00%	4.07%	4.33%	3.71%	4.18%	3.87%	3.20%	3.24%	3.21%
Hindalco Industries Ltd.	5.23%	4.90%	4.64%	4.42%	4.39%	4.12%	4.33%	4.32%	4.36%	2.73%	2.59%	2.74%	2.69%
Larsen & Toubro Ltd.	-	-	-	1.21%	2.10%	2.34%	2.27%	2.38%	2.34%	5.61%	5.62%	5.90%	5.69%
Cummins India Ltd.	3.51%	3.96%	3.96%	3.61%	3.38%	3.33%	3.15%	3.03%	2.93%	2.83%	2.98%	3.14%	3.13%
United Breweries Ltd.	2.70%	2.81%	2.97%	3.06%	3.01%	3.12%	4.25%	3.59%	3.79%	3.76%	3.35%	3.18%	3.10%
Tata Steel Ltd.	3.12%	3.00%	2.82%	2.83%	2.80%	2.89%	2.90%	2.92%	2.82%	2.49%	2.39%	2.48%	2.53%
Voltas Limited	2.17%	2.33%	2.43%	2.31%	2.23%	2.20%	2.30%	2.69%	2.64%	2.27%	3.02%	2.77%	3.28%
Jindal Steel Ltd.	2.45%	2.55%	2.33%	-	-	-	-	-	-	-	-	-	-
Jindal Steel & Power Ltd.	-	-	-	2.33%	2.15%	2.22%	2.24%	2.08%	2.12%	1.60%	1.18%	0.95%	0.95%
Sun Pharmaceutical Industries Ltd.	2.89%	2.76%	2.83%	2.57%	2.48%	2.54%	2.46%	2.12%	2.12%	2.08%	2.11%	1.98%	2.03%
Bharat Electronics Ltd.	2.59%	2.56%	2.40%	2.45%	2.63%	2.46%	2.15%	2.08%	1.85%	1.97%	1.85%	1.93%	2.36%
Radico Khaitan Ltd.	1.87%	1.80%	1.84%	2.19%	2.25%	2.43%	2.57%	2.46%	2.28%	2.15%	2.42%	2.40%	2.34%
Aditya Birla Real Estate Ltd.	-	-	-	-	-	-	-	1.08%	1.12%	1.16%	1.27%	-	-
Century Textile & Industries Ltd.	-	-	-	-	-	-	-	-	-	-	-	1.97%	2.50%
Shyam Metalics and Energy Ltd.	1.77%	2.13%	2.29%	2.45%	2.12%	2.10%	2.29%	2.07%	1.88%	1.81%	1.62%	2.09%	2.61%