Loading…
Multi Cap · Aditya Birla Sun Life Mutual Fund · AMFI code 148918Aditya Birla Sun Life Multi-Cap Fund
Disclosed for 64 months, May 2021 to Sep 2026.Published as: ADITYA BIRLA SUN LIFE MULTI-CAP FUND
Portfolio value
₹6,504 Cr
down ₹188 Cr vs Dec 2025
- Stocks held
- 81
- down 5 vs Dec 2025
Aditya Birla Sun Life Multi-Cap Fund is an active equity fund in the Multi Cap category from Aditya Birla Sun Life Mutual Fund. In January 2026 it disclosed 81 stocks worth ₹6,504 Cr, down ₹188 Cr from Dec 2025. Its largest positions were Reliance Industries Limited (3.6%), ICICI Bank Limited (3.5%), State Bank of India (2.8%); the ten largest together made up 26.1% of the portfolio, and Banks was the biggest sector at 20.0% of its equity. Cash and debt stood at 4.8%. Compared with Dec 2025 the fund entered 1 new stock and exited 6.
Against 32 other Multi Cap funds
Concentration
41%
Top-10 weight is higher than 41% of peers
Breadth
59%
Holds more stocks than 59% of peers
Cash
50%
Holds more cash than 50% of peers
What these mean: concentration · cash
Holdings in January 2026
Download CSVEvery line the fund disclosed, with the change against Dec 2025. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Cash, TREPS & receivables | 4.80% | up 1.30 pts | ₹312 Cr | up ₹77.7 Cr | Added |
| Reliance Industries Limited | 3.62% | up 0.83 pts | ₹236 Cr | up ₹49 Cr | Added |
| ICICI Bank Limited | 3.55% | up 0.13 pts | ₹231 Cr | up ₹2.1 Cr | Added |
| State Bank of India | 2.82% | up 0.32 pts | ₹183 Cr | up ₹16.2 Cr | Added |
| Indus Towers Limited | 2.55% | up 1.06 pts | ₹166 Cr | up ₹66.1 Cr | Added |
| Kotak Mahindra Bank Limited | 2.46% | down 0.12 pts | ₹160 Cr | down ₹12.6 Cr | Trimmed |
| Axis Bank Limited | 2.32% | up 0.23 pts | ₹151 Cr | up ₹11.1 Cr | Added |
| Eternal Limited | 2.29% | up 0.03 pts | ₹149 Cr | down ₹2.4 Cr | Trimmed |
| HDFC Bank Limited | 2.29% | down 0.80 pts | ₹149 Cr | down ₹57.8 Cr | Trimmed |
| Vedanta Limited | 2.18% | up 0.30 pts | ₹142 Cr | up ₹16 Cr | Added |
| Infosys Limited | 2.00% | up 0.09 pts | ₹130 Cr | up ₹2 Cr | Added |
| Mahindra & Mahindra Limited | 1.96% | down 0.10 pts | ₹127 Cr | down ₹10.3 Cr | Trimmed |
| Bharti Airtel Limited | 1.86% | down 0.07 pts | ₹121 Cr | down ₹8.4 Cr | Trimmed |
| SJS Enterprises Pvt Limited | 1.85% | down 0.04 pts | ₹120 Cr | down ₹6.2 Cr | Trimmed |
| Power Finance Corporation Limited | 1.83% | up 0.16 pts | ₹119 Cr | up ₹7.5 Cr | Added |
| Bajaj Finserv Limited | 1.73% | down 0.03 pts | ₹113 Cr | down ₹5 Cr | Trimmed |
| RBL Bank Limited | 1.63% | up 0.19 pts | ₹106 Cr | up ₹9.7 Cr | Added |
| Coforge Limited | 1.60% | up 0.04 pts | ₹104 Cr | down ₹58 L | Trimmed |
| One 97 Communications Limited | 1.60% | down 0.18 pts | ₹104 Cr | down ₹14.7 Cr | Trimmed |
| Larsen & Toubro Limited | 1.52% | down 0.01 pts | ₹98.9 Cr | down ₹3.8 Cr | Trimmed |
| Max Financial Services Limited | 1.51% | down 0.01 pts | ₹98.1 Cr | down ₹3.5 Cr | Trimmed |
| City Union Bank Limited | 1.47% | up 0.25 pts | ₹95.8 Cr | up ₹14.2 Cr | Added |
| UltraTech Cement Limited | 1.40% | up 0.14 pts | ₹91.3 Cr | up ₹6.5 Cr | Added |
| Avenue Supermarts Limited | 1.34% | up <0.01 pts | ₹87 Cr | down ₹2.2 Cr | Trimmed |
| Craftsman Automation Limited | 1.30% | down 0.03 pts | ₹84.3 Cr | down ₹4.3 Cr | Trimmed |
| Hindalco Industries Limited | 1.29% | up 0.14 pts | ₹83.9 Cr | up ₹6.6 Cr | Added |
| V-Guard Industries Limited | 1.25% | up 0.12 pts | ₹81.2 Cr | up ₹5.5 Cr | Added |
| Fortis Healthcare Limited | 1.24% | up 0.12 pts | ₹80.9 Cr | up ₹5.8 Cr | Added |
| Persistent Systems Limited | 1.23% | down 0.01 pts | ₹80.2 Cr | down ₹3.2 Cr | Trimmed |
| HDB Financial Services Limited | 1.23% | down 0.53 pts | ₹80.1 Cr | down ₹38 Cr | Trimmed |
| Vinati Organics Limited | 1.22% | down 0.01 pts | ₹79.7 Cr | down ₹3.3 Cr | Trimmed |
| Bank of Maharashtra | 1.20% | up 0.09 pts | ₹78.3 Cr | up ₹3.9 Cr | Added |
| TD Power Systems Limited | 1.19% | up 0.08 pts | ₹77.1 Cr | up ₹2.9 Cr | Added |
| Hexaware Technologies Limited | 1.18% | down 0.08 pts | ₹76.9 Cr | down ₹7.5 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 1.17% | down 0.08 pts | ₹76.4 Cr | down ₹7.3 Cr | Trimmed |
| Computer Age Management Services Limited | 1.12% | down 0.04 pts | ₹73.1 Cr | down ₹4.8 Cr | Trimmed |
| Sai Life Sciences Limited | 1.12% | up 0.23 pts | ₹72.8 Cr | up ₹13.2 Cr | Added |
| TVS Motor Company Limited | 1.10% | up 0.02 pts | ₹71.8 Cr | down ₹83 L | Trimmed |
| Varun Beverages Limited | 1.09% | down 0.01 pts | ₹70.7 Cr | down ₹2.8 Cr | Trimmed |
| Godrej Consumer Products Limited | 1.08% | down 0.03 pts | ₹70.1 Cr | down ₹4.1 Cr | Trimmed |
| Sansera Engineering Limited | 1.05% | up 0.06 pts | ₹68.2 Cr | up ₹2.3 Cr | Added |
| Voltas Limited | 1.04% | down 0.80 pts | ₹67.4 Cr | down ₹55.5 Cr | Trimmed |
| Emcure Pharmaceuticals Limited | 0.99% | up 0.09 pts | ₹64.4 Cr | up ₹4.4 Cr | Added |
| United Spirits Limited | 0.97% | down 0.03 pts | ₹62.8 Cr | down ₹3.7 Cr | Trimmed |
| SBFC Finance Limited | 0.95% | down 0.18 pts | ₹61.9 Cr | down ₹13.5 Cr | Trimmed |
| Prestige Estates Projects Limited | 0.94% | down 0.06 pts | ₹61.2 Cr | down ₹5.6 Cr | Trimmed |
| Vishal Mega Mart Limited | 0.93% | down 0.05 pts | ₹60.5 Cr | down ₹5 Cr | Trimmed |
| Granules India Limited | 0.91% | down 0.02 pts | ₹59.3 Cr | down ₹2.9 Cr | Trimmed |
| Asahi India Glass Limited | 0.90% | up 0.06 pts | ₹58.4 Cr | up ₹2.4 Cr | Added |
| InterGlobe Aviation Limited | 0.89% | down 0.06 pts | ₹58.1 Cr | down ₹5.9 Cr | Trimmed |
What changed, Dec 2025 to Jan 2026
New New positions (1)
- Ujjivan Small Finance Bank Limited0.4% · ₹27 Cr
Exited Exited (6)
- Sun Pharmaceutical Industries Limitedwas 0.8% · ₹51.9 Cr
- ICICI Lombard General Insurance Company Limitedwas 0.6% · ₹39.2 Cr
- Adani Wilmar Limitedwas 0.4% · ₹23.7 Cr
- Hitachi Energy India Limitedwas 0.3% · ₹19.5 Cr
- Mold-Tek Packaging Limitedwas 0.2% · ₹11.8 Cr
- Premier Energies Limitedwas 0.1% · ₹8.4 Cr
Biggest additions
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Dec 2025, the weight rose most in Banks (+1.1 pts) and Telecom - Services (+1.1 pts), and fell most in Consumer Durables (−0.7 pts) and Beverages (−0.7 pts).
- Banks18.9% → 20.0%+1.1 pts
- Telecom - Services3.6% → 4.6%+1.1 pts
- Petroleum Products2.9% → 3.8%+0.9 pts
- Cement & Cement Products2.5% → 3.0%+0.5 pts
- Diversified Metals1.9% → 2.3%+0.3 pts
- Healthcare Services2.7% → 2.8%+0.2 pts
- Consumer Durables3.8% → 3.1%−0.7 pts
- Beverages3.6% → 2.9%−0.7 pts
- Insurance2.2% → 1.6%−0.6 pts
- Finance8.5% → 8.0%−0.5 pts
- Electrical Equipment4.6% → 4.1%−0.5 pts
- Pharmaceuticals & Biotechnology4.5% → 4.1%−0.4 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Jan 2023 | Jan 2025 | Jun 2025 | Oct 2025 | Dec 2025 | Jan 2026 |
|---|---|---|---|---|---|---|
| Banks | 19.1% | 12.8% | 14.2% | 18.8% | 18.9% | 20.0% |
| Finance | 4.5% | 5.5% | 8.0% | 8.8% | 8.5% | 8.0% |
| IT - Software | 7.0% | 7.0% | 5.9% | 6.2% | 6.2% | 6.3% |
| Retailing | 1.9% | 5.3% | 5.6% | 6.1% | 6.0% | 6.2% |
| Auto Components | 4.0% | 3.0% | 3.5% | 4.5% | 5.2% | 5.3% |
| Telecom - Services | 2.2% | 3.6% | 3.2% | 3.3% | 3.6% | 4.6% |
| Electrical Equipment | 4.1% | 7.0% | 7.3% | 5.3% | 4.6% | 4.1% |
| Pharmaceuticals & Biotechnology | 3.8% | 7.3% | 4.4% | 4.7% | 4.5% | 4.1% |
| Petroleum Products | 0.9% | 2.0% | 2.1% | 1.3% | 2.9% | 3.8% |
| Automobiles | 3.1% | 4.0% | 1.5% | 2.7% | 3.3% | 3.2% |
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Jan 2026
4.8%
▲ 1.3 pts vs Dec 2025
- Cash alone
- 4.8%
- cash and net receivables
- A year earlier
- 2.8%
- Jan 2025 · now ▲ 2.0 pts
- Last 12 months
- 1.8% – 4.8%
- lowest to highest · record 21.3% in May 2021
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.