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Value / Contra · Aditya Birla Sun Life Mutual Fund · AMFI code 108166Aditya Birla Sun Life Value Fund
Disclosed for 137 months, Oct 2012 to Sep 2026.Published as: ADITYA BIRLA SUN LIFE VALUE FUND
Portfolio value
₹51.1 Cr
up ₹6.6 Cr vs Feb 2014
Aditya Birla Sun Life Value Fund is an active equity fund in the Value / Contra category from Aditya Birla Sun Life Mutual Fund. In March 2014 it disclosed 28 stocks worth ₹51.1 Cr, up ₹6.6 Cr from Feb 2014. Its largest positions were Jyoti Structures Ltd (9.0%), Jain Irrigation Systems Limited (7.0%), Axis Bank Limited (6.9%); the ten largest together made up 55.7% of the portfolio, and Banks was the biggest sector at 26.0% of its equity. Cash and debt stood at 5.0%. Compared with Feb 2014 the fund entered 5 new stocks and exited 11.
Against 26 other Value / Contra funds
Concentration
96%
Top-10 weight is higher than 96% of peers
Breadth
8%
Holds more stocks than 8% of peers
Cash
58%
Holds more cash than 58% of peers
What these mean: concentration · cash
Holdings in March 2014
Download CSVEvery line the fund disclosed, with the change against Feb 2014. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Jyoti Structures Ltd | 9.03% | down 0.10 pts | ₹4.6 Cr | up ₹56 L | Added |
| Jain Irrigation Systems Limited | 6.99% | up 3.80 pts | ₹3.6 Cr | up ₹2.2 Cr | Added |
| Axis Bank Limited | 6.86% | up 6.86 pts | ₹3.5 Cr | up ₹3.5 Cr | New |
| The Federal Bank Limited | 5.94% | up 0.85 pts | ₹3 Cr | up ₹77 L | Added |
| Finolex Cables Limited | 5.56% | up 0.19 pts | ₹2.8 Cr | up ₹45 L | Added |
| Indraprastha Gas Limited | 5.44% | up 3.73 pts | ₹2.8 Cr | up ₹2 Cr | Added |
| Cash, TREPS & receivables | 4.97% | up 1.74 pts | ₹2.5 Cr | up ₹1.1 Cr | Added |
| State Bank of India | 4.13% | up 4.13 pts | ₹2.1 Cr | up ₹2.1 Cr | New |
| ZF Commercial Vehicle Control Systems India Limited | 3.98% | up 0.05 pts | ₹2 Cr | up ₹28 L | Added |
| Muthoot Finance Limited | 3.89% | down 5.01 pts | ₹2 Cr | down ₹2 Cr | Trimmed |
| Gulf Oil Corporation Ltd | 3.86% | down 0.15 pts | ₹2 Cr | up ₹19 L | Added |
| Sadbhav Engineering Limited | 3.26% | down 0.24 pts | ₹1.7 Cr | up ₹11 L | Added |
| Raymond Limited | 3.26% | down 0.13 pts | ₹1.7 Cr | up ₹16 L | Added |
| Bharat Electronics Limited | 3.23% | up 3.23 pts | ₹1.7 Cr | up ₹1.7 Cr | New |
| Oriental Bank of Commerce | 2.83% | up 0.39 pts | ₹1.4 Cr | up ₹36 L | Added |
| Sintex Industries Limited | 2.55% | down 0.53 pts | ₹1.3 Cr | down ₹7 L | Trimmed |
| Texmaco Rail & Engineering Limited | 2.44% | up 0.15 pts | ₹1.2 Cr | up ₹23 L | Added |
| Hindustan Petroleum Corporation Limited | 2.42% | down 2.34 pts | ₹1.2 Cr | down ₹88 L | Trimmed |
| IDFC LTD. | 2.39% | up 2.39 pts | ₹1.2 Cr | up ₹1.2 Cr | New |
| Radico Khaitan Limited | 2.26% | down 0.46 pts | ₹1.2 Cr | down ₹5 L | Trimmed |
| Hindustan Zinc Limited | 2.11% | down 0.08 pts | ₹1.1 Cr | up ₹10 L | Added |
| The Jammu & Kashmir Bank Limited | 2.11% | up 0.01 pts | ₹1.1 Cr | up ₹14 L | Added |
| Strides Pharma Science Limited | 1.89% | down 2.05 pts | ₹97 L | down ₹79 L | Trimmed |
| Yes Bank Limited | 1.66% | up 0.25 pts | ₹85 L | up ₹22 L | Added |
| Balkrishna Industries Limited | 1.63% | up 0.09 pts | ₹84 L | up ₹15 L | Added |
| Power Finance Corporation Limited | 1.51% | up 1.51 pts | ₹77 L | up ₹77 L | New |
| INOX Leisure Limited | 1.39% | down 0.07 pts | ₹71 L | up ₹6 L | Added |
| ING Vysya Bank Ltd | 1.23% | up 0.01 pts | ₹63 L | up ₹9 L | Added |
| Orient Cement Limited | 1.16% | up 0.10 pts | ₹59 L | up ₹12 L | Added |
What changed, Feb 2014 to Mar 2014
New New positions (5)
- Axis Bank Limited6.9% · ₹3.5 Cr
- State Bank of India4.1% · ₹2.1 Cr
- Bharat Electronics Limited3.2% · ₹1.7 Cr
- IDFC LTD.2.4% · ₹1.2 Cr
- Power Finance Corporation Limited1.5% · ₹77 L
Exited Exited (11)
- VIP Industries Limitedwas 2.7% · ₹1.2 Cr
- Sundaram Finance Limitedwas 2.4% · ₹1.1 Cr
- Tech Mahindra Limitedwas 2.1% · ₹93 L
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 Feb 2014, the weight rose most in Banks (+13.4 pts) and Gas (+4.0 pts), and fell most in Finance (−3.5 pts) and IT - Software (−3.4 pts).
- Banks12.7% → 26.0%+13.4 pts
- Gas1.8% → 5.7%+4.0 pts
- Industrial Products12.1% → 15.9%+3.8 pts
- Aerospace & Defense0.0% → 3.4%new+3.4 pts
- Auto Components5.7% → 5.9%+0.2 pts
- Industrial Capital Goods2.4% → 2.6%+0.2 pts
- Finance11.8% → 8.2%−3.5 pts
- IT - Software3.4% → 0.0%exited−3.4 pts
- Pharmaceuticals & Biotechnology3.1% → 0.0%exited−3.1 pts
- Consumer Durables2.8% → 0.0%exited−2.8 pts
- Petroleum Products9.1% → 6.6%−2.5 pts
- Pharmaceuticals4.1% → 2.0%−2.1 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 | Mar 2013 | Sep 2013 | Dec 2013 | Feb 2014 | Mar 2014 |
|---|---|---|---|---|---|
| Banks | 26.5% | 17.1% | 18.9% | 12.7% | 26.0% |
| Industrial Products | — | 2.7% | 4.1% | 12.1% | 15.9% |
| Power | 6.3% | 7.0% | 13.7% | 10.6% | 9.5% |
| Finance | — | 7.1% | 10.3% | 11.8% | 8.2% |
| Petroleum Products | 2.5% | — | 2.5% | 9.1% | 6.6% |
| Auto Components | 7.2% | 8.3% | 10.6% | 5.7% | 5.9% |
| Gas | 4.4% | 2.1% | 1.9% | 1.8% | 5.7% |
| Construction Project | — | — | 2.6% | 3.6% | 3.4% |
| Textile Products | — | — | 4.5% | 3.5% | 3.4% |
| Aerospace & Defense | — | — | — | — | 3.4% |
Allocation in Mar 2014change vs Feb 2014
- Banks (7)26.0%▲ 13.4 pts
- Industrial Products (3)15.9%
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, Mar 2014
5.0%
▲ 1.6 pts vs Feb 2014
- Cash alone
- 5.0%
- cash and net receivables
- A year earlier
- 6.8%
- Mar 2013 · now ▼ 1.8 pts
- Last 12 months
- 2.3% – 9.5%
- lowest to highest · record 10.6% in Oct 2012
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.