Aditya Birla Sun Life Retirement Fund - The 50s Plan - Direct - 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 : 9.00%. Category average turnover ratio is 48.08%. 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 : 24.70% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 24.70%

No of Stocks : 40 (Category Avg - 53.59) | Large Cap Investments : 11.29%| Mid Cap Investments : 2.69% | Small Cap Investments : 0.82% | Other : 9.9%

Portfolio Summary (as on 30th Sep,2025)

Particulars	This Scheme	Category
No. of Stocks	40	57.56
Top 5 Stock Weight	8.2%	17.9%
Top 10 Stock Weight	12.97%	27.77%
Top 3 Sector Weight	9.58%	20.49%

Category - Retirement Fund

Particulars	This Scheme	Category
Average mcap (Cr)	19001.49	78714.39
Holdings in large cap stocks	11.29%	30.65%
Holdings in mid cap stocks	2.69%	8.76%
Holdings in small cap stocks	0.82%	9.59%

Category - Retirement Fund

Top 10 Stocks holding in Portfolio (as on 30th Sep,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity
- HDFC Bank Ltd.	Private sector bank	5.7	2.16%	0.00%	2.34% (Mar 2025)	0.96% (Nov 2024)	6.00 k
Bajaj Finance Ltd.	Non banking financial company (nbfc)	5	1.89%	0.23%	2.24% (Mar 2025)	0.24% (Nov 2024)	5.00 k
ICICI Bank Ltd.	Private sector bank	4.7	1.79%	-0.07%	2.56% (Mar 2025)	1.79% (Sep 2025)	3.50 k
Fortis Healthcare Ltd.	Hospital	3.2	1.20%	0.07%	1.2% (Sep 2025)	0.78% (Oct 2024)	3.26 k
Metropolis Healthcare Ltd.	Healthcare service provider	3.1	1.16%	-0.09%	1.24% (Aug 2025)	0.91% (Mar 2025)	1.50 k
- Bharti Airtel Ltd.	Telecom - cellular & fixed line services	2.8	1.07%	-0.01%	1.15% (Jun 2025)	0.9% (Nov 2024)	1.50 k
Hindalco Industries Ltd.	Aluminium	2.7	1.01%	0.08%	1.01% (Sep 2025)	0.69% (Jan 2025)	3.50 k
State Bank Of India	Public sector bank	2.5	0.94%	0.08%	0.94% (Sep 2025)	0.78% (Feb 2025)	2.84 k
Max Financial Services Ltd.	Life insurance	2.3	0.88%	-0.01%	0.93% (Jun 2025)	0.59% (Feb 2025)	1.48 k
Ultratech Cement Ltd.	Cement & cement products	2.3	0.87%	-0.03%	0.9% (Aug 2025)	0.76% (Feb 2025)	188.00

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

View complete holding

Complete equity Portfolio (as on 30th Sep,2025)

None
Sector
M-Cap

Help me understand this table

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
- HDFC Bank Ltd.	Private sector bank	5.53	5.7	2.16%	0.00%	2.34% (Mar 2025)	0.96% (Nov 2024)	6.00 k	0.00	Other	9.9
Bajaj Finance Ltd.	Non banking financial company (nbfc)	2.37	5	1.89%	0.23%	2.24% (Mar 2025)	0.24% (Nov 2024)	5.00 k	0.00	Other	9.9
ICICI Bank Ltd.	Private sector bank	5.53	4.7	1.79%	-0.07%	2.56% (Mar 2025)	1.79% (Sep 2025)	3.50 k	0.00	Large Cap	11.29
Fortis Healthcare Ltd.	Hospital	1.65	3.2	1.20%	0.07%	1.2% (Sep 2025)	0.78% (Oct 2024)	3.26 k	0.00	Other	9.9
Metropolis Healthcare Ltd.	Healthcare service provider	1.16	3.1	1.16%	-0.09%	1.24% (Aug 2025)	0.91% (Mar 2025)	1.50 k	0.00	Other	9.9
- Bharti Airtel Ltd.	Telecom - cellular & fixed line services	1.07	2.8	1.07%	-0.01%	1.15% (Jun 2025)	0.9% (Nov 2024)	1.50 k	0.00	Large Cap	11.29
Hindalco Industries Ltd.	Aluminium	1.01	2.7	1.01%	0.08%	1.01% (Sep 2025)	0.69% (Jan 2025)	3.50 k	0.00	Large Cap	11.29
State Bank Of India	Public sector bank	1.68	2.5	0.94%	0.08%	0.94% (Sep 2025)	0.78% (Feb 2025)	2.84 k	0.00	Large Cap	11.29
Max Financial Services Ltd.	Life insurance	1.15	2.3	0.88%	-0.01%	0.93% (Jun 2025)	0.59% (Feb 2025)	1.48 k	0.00	Mid Cap	2.69
Ultratech Cement Ltd.	Cement & cement products	0.87	2.3	0.87%	-0.03%	0.9% (Aug 2025)	0.76% (Feb 2025)	188.00	0.00	Large Cap	11.29
Axis Bank Ltd.	Private sector bank	5.53	1.9	0.73%	0.06%	0.79% (May 2025)	0.12% (Jan 2025)	1.70 k	0.00	Large Cap	11.29
TD Power Systems Ltd.	Heavy electrical equipment	0.68	1.8	0.68%	0.10%	0.82% (Dec 2024)	0.37% (Feb 2025)	3.01 k	0.00	Other	9.9
- Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	1.28	1.6	0.60%	0.00%	0.85% (Dec 2024)	0.6% (Sep 2025)	1.00 k	0.00	Large Cap	11.29
Dixon Technologies (India) Ltd.	Consumer electronics	0.57	1.5	0.57%	-0.01%	0.64% (Dec 2024)	0.47% (Mar 2025)	92.00	0.00	Other	9.9
Bajaj Auto Ltd.	2/3 wheelers	0.56	1.5	0.56%	0.00%	0.63% (Oct 2024)	0.5% (Mar 2025)	169.00	0.00	Large Cap	11.29
S.J.S. Enterprises Ltd.	Auto components & equipments	0.8	1.5	0.55%	0.06%	0.55% (Sep 2025)	0.33% (Mar 2025)	1.00 k	0.00	Other	9.9
- Federal Bank Ltd.	Private sector bank	5.53	1.5	0.55%	0.00%	0.61% (Jun 2025)	0% (Oct 2024)	7.50 k	0.00	Mid Cap	2.69
Infosys Ltd.	Computers - software & consulting	0.97	1.4	0.55%	-0.18%	1.77% (Dec 2024)	0.55% (Sep 2025)	1.00 k	-0.30 k	Large Cap	11.29
Larsen & Toubro Ltd.	Civil construction	0.73	1.3	0.51%	0.01%	1.29% (Dec 2024)	0.46% (Feb 2025)	366.00	0.00	Large Cap	11.29
Torrent Pharmaceuticals Ltd.	Pharmaceuticals	1.28	1.3	0.50%	0.01%	0.52% (Jul 2025)	0.43% (Feb 2025)	363.00	0.00	Mid Cap	2.69
Godrej Consumer Products Ltd	Personal care	0.49	1.3	0.49%	-0.03%	0.55% (May 2025)	0.45% (Feb 2025)	1.11 k	0.00	Large Cap	11.29
Apollo Hospitals Enterprises Ltd.	Hospital	1.65	1.2	0.45%	-0.01%	0.47% (Aug 2025)	0% (Oct 2024)	160.00	0.00	Mid Cap	2.69
Tech Mahindra Ltd.	Computers - software & consulting	0.97	1.1	0.42%	-0.02%	0.51% (Jun 2025)	0% (Oct 2024)	800.00	0.00	Large Cap	11.29
Avenue Supermarts Ltd.	Diversified retail	0.41	1.1	0.41%	-0.03%	0.43% (Aug 2025)	0.33% (Feb 2025)	240.00	0.00	Large Cap	11.29
Vinati Organics Ltd.	Specialty chemicals	0.4	1.1	0.40%	0.01%	0.45% (Jun 2025)	0.37% (Feb 2025)	605.00	0.00	Other	9.9
Bank Of Baroda	Public sector bank	1.68	1	0.38%	0.04%	0.38% (Dec 2024)	0.31% (Feb 2025)	3.90 k	0.00	Large Cap	11.29
- SBFC Finance Ltd.	Non banking financial company (nbfc)	2.37	1	0.38%	0.00%	0.42% (Jul 2025)	0.3% (Nov 2024)	9.41 k	0.00	Other	9.9
Bank of Maharashtra	Public sector bank	1.68	0.9	0.36%	0.03%	0.37% (Nov 2024)	0.3% (Apr 2025)	16.88 k	0.00	Small Cap	0.82
Eternal Ltd.	E-retail/ e-commerce	0.31	0.8	0.31%	0.01%	0.31% (Sep 2025)	0.2% (Mar 2025)	2.50 k	0.00	Other	9.9
Whirlpool Of India Ltd.	Household appliances	0.38	0.8	0.31%	-0.03%	0.52% (Oct 2024)	0.25% (Feb 2025)	680.00	0.00	Mid Cap	2.69
- Kotak Mahindra Bank Ltd.	Private sector bank	5.53	0.8	0.30%	0.01%	0.34% (Apr 2025)	0.26% (Oct 2024)	400.00	0.00	Large Cap	11.29
- SBI Life Insurance Co Ltd.	Life insurance	1.15	0.7	0.27%	0.00%	0.28% (Jul 2025)	0% (Oct 2024)	401.00	0.00	Large Cap	11.29
Mrs.Bectors Food Specialities Ltd.	Packaged foods	0.25	0.7	0.25%	-0.02%	0.38% (Oct 2024)	0.25% (Sep 2025)	534.00	0.00	Other	9.9
Sona BLW Precision Forgings Ltd.	Auto components & equipments	0.8	0.7	0.25%	-0.02%	0.41% (Oct 2024)	0.25% (Sep 2025)	1.59 k	0.00	Other	9.9
HG Infra Engineering Ltd.	Civil construction	0.73	0.6	0.22%	-0.01%	0.37% (Dec 2024)	0.22% (Sep 2025)	638.00	0.00	Small Cap	0.82
National Thermal Power Corporation Ltd.	Power generation	0.21	0.6	0.21%	0.01%	0.23% (Nov 2024)	0.19% (Feb 2025)	1.60 k	0.00	Large Cap	11.29
Cipla Ltd.	Pharmaceuticals	1.28	0.5	0.18%	-0.01%	0.19% (Aug 2025)	0.18% (Dec 2024)	318.00	0.00	Large Cap	11.29
Praj Industries Ltd.	Industrial products	0.17	0.4	0.17%	-0.03%	0.42% (Nov 2024)	0.17% (Sep 2025)	1.33 k	0.00	Small Cap	0.82
Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	2.37	0.3	0.10%	0.01%	0.1% (Jun 2025)	0.08% (Dec 2024)	169.00	0.00	Other	9.9
- V-Guard Industries Ltd.	Household appliances	0.38	0.2	0.07%	0.00%	0.5% (Dec 2024)	0.06% (Feb 2025)	500.00	0.00	Small Cap	0.82

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

New Stocks added in Portfolio (in 1 month period ending 30th Sep,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No new entrants in the portfolio in the last month.

Stocks removed from Portfolio (in 1 month period ending 30th Sep,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

Trend in stock holdings (Top 15 Holding)

Stock	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024	Sep 2024
ICICI Bank Ltd.	1.79%	1.85%	1.97%	1.93%	1.93%	1.92%	2.56%	2.34%	2.39%	2.42%	2.44%	2.40%	2.34%
HDFC Bank Ltd.	2.16%	2.16%	2.30%	2.28%	2.23%	2.22%	2.34%	2.27%	1.85%	1.91%	0.96%	1.41%	1.40%
Bajaj Finance Ltd.	1.89%	1.66%	1.68%	1.78%	1.75%	1.66%	2.24%	2.19%	1.52%	0.25%	0.24%	0.24%	0.27%
Infosys Ltd.	0.55%	0.72%	0.75%	0.79%	0.78%	0.75%	1.41%	1.55%	1.70%	1.68%	1.65%	1.55%	1.64%
Metropolis Healthcare Ltd.	1.16%	1.24%	1.14%	0.97%	0.96%	0.98%	0.91%	-	-	-	-	-	-
Bharti Airtel Ltd.	1.07%	1.07%	1.09%	1.15%	1.06%	1.08%	1.01%	0.94%	0.96%	0.92%	0.94%	0.92%	0.97%
Tata Consultancy Services Ltd.	-	-	-	-	-	-	0.98%	-	-	-	-	-	-
Fortis Healthcare Ltd.	1.20%	1.13%	1.06%	0.99%	0.88%	0.86%	0.89%	0.80%	0.82%	0.91%	0.83%	0.78%	0.76%
State Bank Of India	0.94%	0.86%	0.86%	0.88%	0.88%	0.86%	0.85%	0.78%	0.86%	0.87%	0.92%	0.89%	0.84%
Hindalco Industries Ltd.	1.01%	0.93%	0.91%	0.92%	0.85%	0.84%	0.93%	0.76%	0.70%	0.70%	0.76%	0.78%	0.86%
Ultratech Cement Ltd.	0.87%	0.90%	0.88%	0.87%	0.80%	0.84%	0.84%	0.76%	0.85%	0.83%	0.81%	0.79%	0.84%
Larsen & Toubro Ltd.	0.51%	0.50%	0.51%	0.51%	0.51%	0.47%	0.50%	0.46%	1.21%	1.21%	1.24%	1.19%	1.20%
Max Financial Services Ltd.	0.88%	0.90%	0.85%	0.93%	0.85%	0.74%	0.66%	0.59%	0.65%	0.64%	0.65%	0.72%	0.67%
Sun Pharmaceutical Industries Ltd.	0.60%	0.60%	0.65%	0.64%	0.64%	0.71%	0.79%	0.74%	0.80%	0.85%	0.80%	0.82%	0.85%
Axis Bank Ltd.	0.73%	0.67%	0.69%	0.78%	0.77%	0.78%	0.73%	0.69%	0.12%	-	-	-	-

No of Debt Holding 7 (Category Avg - 8.55) | Modified Duration 2.57 Years (Category Avg - 5.49)| Yield to Maturity 6.14% (Category Avg - 6.70%)

Portfolio Summary (as on 30th Sep,2025)

Security Type	% Weight	Category Average
GOI	57.36%	23.75%
T-Bills	0.00%	0.00%
NCD & Bonds	7.92%	9.04%
PTC	0.00%	0.34%

Category - Retirement Fund

Security Type	% Weight	Category Average
Government Backed	57.36%	23.76%
Low Risk	7.92%	9.39%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Retirement Fund

Debt holding in Portfolio (as on 30th Sep,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Govt of India	GOI	Other			51.65	19.59%	5.00 L
Bond - Govt of India	GOI	Other			50.42	19.12%	5.00 L
Bond - Govt of India	GOI	Other			23.33	8.85%	2.25 L
Bond - HDFC Bank Ltd.	NCD & Bonds	Private sector bank	AAA	CRISIL	20.89	7.92%	20.00
Bond - Govt of India	GOI	Other			9.96	3.78%	1.00 L
Bond - Govt of India	GOI	Other			8.09	3.07%	80.00 k
Bond - Govt of India	GOI	Other			7.77	2.95%	75.00 k