Aditya Birla SL Manufacturing Equity Fund
The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in Manufacturing activity.
Growthvine rating: 3/5 — ranked #54 of 186 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹35.80 (as of 2026-10-23) |
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| AUM | ₹1,386 Cr |
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| Expense ratio | 1.83% |
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| Riskometer | Very High |
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| Fund manager | Dhaval Joshi |
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| Exit load | 1% for redemption within 90 days |
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Performance & risk
| 5-year annualised return | 13.66% |
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| Sharpe ratio | 0.77 |
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| Standard deviation | 18.13% |
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| Max drawdown | −40.28% |
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| Alpha | 8.77 |
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| Beta | 0.99 |
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Over 5 years, captured 95.4% of NIFTY India Manufacturing's upside and 95.2% of its downside.
Market cap allocation
| Large cap | 34.7% |
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| Mid cap | 25.3% |
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| Small cap | 40.0% |
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Concentration
| Top 5 holdings | 14.2% |
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| Top 10 holdings | 25.1% |
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| Total holdings | 70 |
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Top holdings
- TREPS — 4.7%
- Sansera Engineering Limited — 3.3%
- Reliance Industries Ltd — 3.1%
- Cummins India Ltd. — 2.9%
- Mahindra & Mahindra Ltd. — 2.4%
- Shilpa Medicare Ltd. — 2.4%
- Sona BLW Precision Forgings Limited — 2.3%
- Hindalco Industries Ltd. — 2.2%
- TD Power Systems Limited — 2.2%
- Happy Forgings Limited — 2.1%
Top sectors
- Automobile — 22.5%
- Industrial Products — 19.7%
- Pharma & Biotech — 13.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 7.2% | Q1 (Top) | #10 of 167 |
| 2025 | 3.5% | Q3 | #69 of 132 |
| 2024 | 25.0% | Q1 (Top) | #21 of 86 |
| 2023 | 32.5% | Q2 | #23 of 66 |
| 2022 | −1.4% | Q3 | #37 of 55 |