Aditya Birla Sun Life Manufacturing Equity Fund
Thematic-ManufacturingVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹39.72-1.24%1 day
- Return since launch
- 12.7%
- 52-week range
- ₹30.94 — ₹40.80
- AUM
- ₹1,402 Cr
Aditya Birla Sun Life Manufacturing Equity Fund is a Thematic-Manufacturing equity fund from Aditya Birla Sun Life Mutual Fund with ₹1,402 Cr under management, launched in 2015. Over three years it has returned 17.9% a year, against 17.9% for its category. The expense ratio is 2.32% and the SEBI riskometer reading is Very High.
Performance
Aditya Birla Sun Life Manufacturing Equity Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +21.8% against +5.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 28.7% | +19.6 pts | 9.1% | 7.7% |
| 2Y | 19.9% | +8.8 pts | 11.1% | 8.0% |
| 3Y | 17.9% | 0.0 pts | 17.9% | 9.3% |
| 5Y | 18.9% | +2.9 pts | 16.0% | 14.6% |
| 7Y | 18.7% | −1.3 pts | 19.9% | 17.1% |
| 10Y | 15.8% | +2.8 pts | 13.0% | 15.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.8% | +0.9 pts | -2.8% | -3.2% |
| 3M | 7.9% | +5.8 pts | 2.1% | 1.5% |
| 6M | 23.6% | +8.7 pts | 14.8% | 12.0% |
| 1Y | 21.8% | +12.7 pts | 9.1% | 5.4% |
| 2Y | 7.0% | +4.5 pts | 2.5% | 0.8% |
| 3Y | 20.4% | +2.5 pts | 17.9% | 15.7% |
| 5Y | 14.2% | −1.8 pts | 16.0% | 13.5% |
| 7Y | 17.7% | −1.6 pts | 19.3% | 17.5% |
| 10Y | 13.0% | 0.0 pts | 13.0% | 12.9% |
Since launch (13 Jan 2015): 12.7%
Calendar-year returns
Category average26.3%
22.1%
-1.4%
32.5%
24.8%
3.5%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.5% | −1.8 pts | 5.3% |
| 2024 | 24.8% | −1.8 pts | 26.6% |
| 2023 | 32.5% | −4.5 pts | 37.0% |
| 2022 | -1.4% | −5.4 pts | 4.0% |
| 2021 | 22.1% | −12.7 pts | 34.8% |
| 2020 | 26.3% | +5.1 pts | 21.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.32%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.83%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.43%
- Exit load
- Exit load of 1%, if redeemed within 90 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty India Manufacturing TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 7.72 | 5.10 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.98 | 1.02 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.90 | 0.80 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.29 | 1.02 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 17.80 | 17.18 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Aditya Birla Sun Life Manufacturing Equity Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity96.6%
- Other3.4%
Market cap split
- Large36.5%
- Mid26.1%
- Small37.4%
- P/E
- 36.99
- P/B
- 4.98
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 3.37% | ₹47.27 Cr | -0.08% | -0.21% | +0.13% |
| Reliance Industries Ltd. | Energy | 3.34% | ₹46.82 Cr | +4.04% | +4.62% | +5.11% |
| Cummins India Ltd. | Capital Goods | 3.12% | ₹43.69 Cr | +4.20% | +3.79% | +3.96% |
| Sansera Engineering Ltd. | Automobile | 2.87% | ₹40.18 Cr | +2.39% | +2.12% | +1.22% |
| Mahindra & Mahindra Ltd. | Automobile | 2.68% | ₹37.60 Cr | +3.67% | +4.44% | +4.60% |
| Happy Forgings Ltd. | Metals & Mining | 2.44% | ₹34.26 Cr | +1.64% | +1.71% | +1.23% |
| Hindalco Industries Ltd. | Metals & Mining | 2.36% | ₹33.10 Cr | +5.64% | +5.01% | +4.64% |
| Sona BLW Precision Forgings Ltd. | Automobile | 2.19% | ₹30.66 Cr | +1.91% | +1.82% | +1.60% |
| Jindal Steel Ltd. | Metals & Mining | 2.18% | ₹30.59 Cr | +2.58% | +2.88% | +2.33% |
| TD Power Systems Ltd. | Capital Goods | 2.17% | ₹30.46 Cr | +2.09% | +1.55% | +0.97% |
| Shilpa Medicare Ltd. | Healthcare | 2.13% | ₹29.89 Cr | +1.31% | +0.96% | — |
| Bharat Forge Ltd. | Automobile | 2.09% | ₹29.36 Cr | +2.28% | +2.41% | +1.48% |
| Ather Energy Ltd. | Automobile | 2.08% | ₹29.20 Cr | +1.37% | +1.09% | +1.33% |
| Shivalik Bimetal Controls Ltd. | Capital Goods | 2.01% | ₹28.16 Cr | +1.63% | +1.07% | +1.23% |
| Bharat Electronics Ltd. | Capital Goods | 2.01% | ₹28.11 Cr | +2.33% | +2.72% | +2.40% |
| Radico Khaitan Ltd. | Consumer Staples | 2.00% | ₹28.03 Cr | +1.84% | +1.42% | +1.84% |
| Samvardhana Motherson International Ltd. | Automobile | 1.98% | ₹27.76 Cr | +2.34% | +2.32% | +1.71% |
| Sai Life Sciences Ltd. | Healthcare | 1.97% | ₹27.60 Cr | +0.48% | +0.45% | +0.40% |
| Cyient DLM Ltd. | Capital Goods | 1.93% | ₹27.05 Cr | +1.13% | +0.91% | +1.30% |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.91% | ₹26.73 Cr | +0.48% | +0.48% | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.87% | ₹26.27 Cr | +1.69% | — | — |
| Endurance Technologies Ltd. | Automobile | 1.87% | ₹26.22 Cr | +1.68% | +1.78% | +2.04% |
| Ajanta Pharma Ltd. | Healthcare | 1.80% | ₹25.21 Cr | +1.71% | +1.89% | +1.07% |
| Hyundai Motor India Ltd. | Automobile | 1.79% | ₹25.12 Cr | — | — | — |
| Bajaj Auto Ltd. | Automobile | 1.74% | ₹24.45 Cr | +2.06% | +2.12% | +1.95% |
| AIA Engineering Ltd. | Metals & Mining | 1.72% | ₹24.11 Cr | +2.29% | +2.12% | +1.78% |
| TVS Motor Company Ltd. | Automobile | 1.70% | ₹23.88 Cr | — | — | — |
| Carborundum Universal Ltd. | Metals & Mining | 1.64% | ₹23.00 Cr | +1.78% | +1.55% | +1.82% |
| Welspun Corp Ltd. | Metals & Mining | 1.54% | ₹21.53 Cr | +1.03% | +0.67% | +1.23% |
| Craftsman Automation Ltd. | Automobile | 1.50% | ₹20.96 Cr | — | — | — |
| company:1915 | Capital Goods | 1.49% | ₹20.87 Cr | — | — | — |
| LMW Ltd. | Capital Goods | 1.35% | ₹18.98 Cr | +1.31% | +1.33% | +1.35% |
| United Spirits Ltd. | Consumer Staples | 1.33% | ₹18.63 Cr | +0.79% | — | — |
| company:728 | Healthcare | 1.31% | ₹18.32 Cr | — | — | — |
| BlueStone Jewellery and Lifestyle Ltd. | Consumer Discretionary | 1.30% | ₹18.18 Cr | +1.32% | +1.30% | +1.61% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.29% | ₹18.11 Cr | +2.86% | +2.98% | +2.83% |
| Asian Paints Ltd. | Materials | 1.22% | ₹17.14 Cr | +1.44% | +1.39% | +1.56% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 1.18% | ₹16.55 Cr | +1.09% | +1.21% | — |
| Kirloskar Brothers Ltd. | Capital Goods | 1.15% | ₹16.18 Cr | — | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 1.13% | ₹15.88 Cr | — | — | — |
| Mankind Pharma Ltd. | Healthcare | 1.10% | ₹15.48 Cr | — | — | — |
| Vedanta Ltd. | Metals & Mining | 1.09% | ₹15.30 Cr | +1.62% | +3.57% | +2.37% |
| ABB India Ltd. | Capital Goods | 1.09% | ₹15.28 Cr | +1.21% | +1.10% | +0.96% |
| Piramal Pharma Ltd. | Healthcare | 1.08% | ₹15.20 Cr | +1.02% | +1.00% | +1.05% |
| Tube Investments Of India Ltd. | Automobile | 0.99% | ₹13.90 Cr | +1.31% | +1.49% | +1.70% |
| Ingersoll-Rand (India) Ltd. | Capital Goods | 0.99% | ₹13.84 Cr | +0.01% | — | — |
| Astral Ltd. | Materials | 0.98% | ₹13.70 Cr | — | — | — |
| Gokaldas Exports Ltd. | Textiles | 0.98% | ₹13.67 Cr | +1.01% | +1.01% | +1.13% |
| Adani Enterprises Ltd. | Services | 0.96% | ₹13.42 Cr | — | — | — |
| Voltas Ltd. | Consumer Discretionary | 0.94% | ₹13.16 Cr | +1.67% | +2.26% | +2.43% |
| SRF Ltd. | Chemicals | 0.91% | ₹12.80 Cr | +1.13% | +1.16% | +1.18% |
| Thermax Ltd. | Capital Goods | 0.90% | ₹12.68 Cr | +1.35% | +0.92% | — |
| Blue Star Ltd. | Consumer Discretionary | 0.90% | ₹12.62 Cr | +1.14% | +1.51% | +1.55% |
| company:3534 | Capital Goods | 0.86% | ₹12.09 Cr | — | — | — |
| Alkyl Amines Chemicals Ltd. | Chemicals | 0.82% | ₹11.45 Cr | +0.79% | +0.77% | +0.84% |
| NMDC Ltd. | Metals & Mining | 0.79% | ₹11.14 Cr | +0.93% | +0.93% | +1.32% |
| Ambuja Cements Ltd. | Materials | 0.78% | ₹10.99 Cr | +0.51% | — | — |
| Adani Power Ltd. | Energy | 0.75% | ₹10.46 Cr | +1.07% | +0.67% | — |
| V-Guard Industries Ltd. | Consumer Discretionary | 0.74% | ₹10.39 Cr | +0.77% | +0.85% | +1.04% |
| Biocon Ltd. | Healthcare | 0.70% | ₹9.80 Cr | — | — | — |
| Lohia Corp Ltd. | Materials | 0.68% | ₹9.52 Cr | — | — | — |
| Praj Industries Ltd. | Capital Goods | 0.66% | ₹9.20 Cr | +0.79% | +0.77% | +0.90% |
| Onesource Specialty Pharma Ltd. | Healthcare | 0.64% | ₹9.02 Cr | +0.90% | +0.72% | +1.08% |
| H.G. Infra Engineering Ltd. | Construction | 0.52% | ₹7.35 Cr | +0.73% | +0.73% | +0.91% |
| PI Industries Ltd. | Chemicals | 0.51% | ₹7.11 Cr | +0.69% | +0.84% | +0.88% |
| Techno Electric & Engineering Company Ltd. | Capital Goods | 0.49% | ₹6.82 Cr | +0.63% | +0.74% | +1.01% |
| Shyam Metalics And Energy Ltd. | Metals & Mining | 0.37% | ₹5.14 Cr | +0.38% | +1.17% | +2.29% |
| company:1333 | Consumer Staples | 0.32% | ₹4.47 Cr | — | — | — |
| Eureka Forbes Ltd. | Metals & Mining | 0.31% | ₹4.37 Cr | +0.37% | +0.44% | +0.55% |
| Vedanta Oil and Gas Ltd | Energy | 0.15% | ₹2.13 Cr | +0.28% | — | — |
| Vedanta Iron And Steel Ltd. | Metals & Mining | 0.14% | ₹2.03 Cr | +0.08% | — | — |
| INDO-MIM Ltd. | Capital Goods | 0.04% | ₹0.51 Cr | — | — | — |
| company:20772 | Consumer Staples | 0.03% | ₹0.37 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:1915 | 0.00% | 1.49% | +1.49% |
| company:728 | 0.00% | 1.31% | +1.31% |
| Mahindra & Mahindra Ltd. | 3.81% | 2.68% | -1.13% |
| company:3534 | 0.00% | 0.86% | +0.86% |
| Hyundai Motor India Ltd. | 1.01% | 1.79% | +0.78% |
| Voltas Ltd. | 1.65% | 0.94% | -0.71% |
| Others | -0.91% | -0.20% | +0.70% |
| Shilpa Medicare Ltd. | 1.49% | 2.13% | +0.64% |
| Happy Forgings Ltd. | 1.82% | 2.44% | +0.62% |
| Biocon Ltd. | 0.13% | 0.70% | +0.57% |
| Cummins India Ltd. | 3.67% | 3.12% | -0.55% |
| Shivalik Bimetal Controls Ltd. | 1.53% | 2.01% | +0.48% |
| TD Power Systems Ltd. | 1.72% | 2.17% | +0.45% |
| AIA Engineering Ltd. | 2.17% | 1.72% | -0.45% |
| Ather Energy Ltd. | 1.66% | 2.08% | +0.42% |
| Welspun Corp Ltd. | 1.15% | 1.54% | +0.38% |
| Reliance Industries Ltd. | 3.72% | 3.34% | -0.38% |
| company:1333 | 0.00% | 0.32% | +0.32% |
| Sai Life Sciences Ltd. | 1.66% | 1.97% | +0.31% |
| Bharat Forge Ltd. | 2.38% | 2.09% | -0.29% |
| Samvardhana Motherson International Ltd. | 2.25% | 1.98% | -0.27% |
| Sansera Engineering Ltd. | 2.60% | 2.87% | +0.27% |
| Cyient DLM Ltd. | 1.67% | 1.93% | +0.26% |
| Vedanta Aluminium Metal Ltd. | 2.13% | 1.87% | -0.25% |
| Blue Star Ltd. | 1.12% | 0.90% | -0.22% |
| Thermax Ltd. | 1.09% | 0.90% | -0.18% |
| Asian Paints Ltd. | 1.38% | 1.22% | -0.15% |
| United Spirits Ltd. | 1.47% | 1.33% | -0.14% |
| Adani Enterprises Ltd. | 1.10% | 0.96% | -0.14% |
| TVS Motor Company Ltd. | 1.84% | 1.70% | -0.14% |
| Ambuja Cements Ltd. | 0.92% | 0.78% | -0.13% |
| PI Industries Ltd. | 0.64% | 0.51% | -0.13% |
| Gokaldas Exports Ltd. | 1.11% | 0.98% | -0.13% |
| Mankind Pharma Ltd. | 1.23% | 1.10% | -0.12% |
| Adani Power Ltd. | 0.87% | 0.75% | -0.12% |
| Sun Pharmaceutical Industries Ltd. | 1.41% | 1.29% | -0.12% |
| BlueStone Jewellery and Lifestyle Ltd. | 1.41% | 1.30% | -0.11% |
| Radico Khaitan Ltd. | 2.11% | 2.00% | -0.11% |
| SRF Ltd. | 1.02% | 0.91% | -0.10% |
| Hindalco Industries Ltd. | 2.47% | 2.36% | -0.10% |
| Onesource Specialty Pharma Ltd. | 0.75% | 0.64% | -0.10% |
| H.G. Infra Engineering Ltd. | 0.63% | 0.52% | -0.10% |
| LMW Ltd. | 1.25% | 1.35% | +0.10% |
| Lenskart Solutions Ltd. | 1.09% | 1.18% | +0.09% |
| Endurance Technologies Ltd. | 1.96% | 1.87% | -0.08% |
| Ajanta Pharma Ltd. | 1.88% | 1.80% | -0.08% |
| Bharat Petroleum Corporation Ltd. | 1.22% | 1.13% | -0.08% |
| Tube Investments Of India Ltd. | 1.07% | 0.99% | -0.08% |
| Carborundum Universal Ltd. | 1.72% | 1.64% | -0.08% |
| Sona BLW Precision Forgings Ltd. | 2.25% | 2.19% | -0.06% |
| Craftsman Automation Ltd. | 1.43% | 1.50% | +0.06% |
| Bajaj Auto Ltd. | 1.80% | 1.74% | -0.06% |
| Dixon Technologies (India) Ltd. | 1.96% | 1.91% | -0.06% |
| Kirloskar Brothers Ltd. | 1.11% | 1.15% | +0.04% |
| Eureka Forbes Ltd. | 0.35% | 0.31% | -0.04% |
| Techno Electric & Engineering Company Ltd. | 0.53% | 0.49% | -0.04% |
| ABB India Ltd. | 1.13% | 1.09% | -0.04% |
| NMDC Ltd. | 0.83% | 0.79% | -0.04% |
| Lohia Corp Ltd. | 0.72% | 0.68% | -0.04% |
| Vedanta Ltd. | 1.13% | 1.09% | -0.04% |
| Bharat Electronics Ltd. | 2.04% | 2.01% | -0.04% |
| Astral Ltd. | 1.01% | 0.98% | -0.03% |
| Ingersoll-Rand (India) Ltd. | 0.96% | 0.99% | +0.03% |
| company:20772 | 0.00% | 0.03% | +0.03% |
| Alkyl Amines Chemicals Ltd. | 0.79% | 0.82% | +0.03% |
| Jindal Steel Ltd. | 2.19% | 2.18% | -0.01% |
| Shyam Metalics And Energy Ltd. | 0.38% | 0.37% | -0.01% |
| V-Guard Industries Ltd. | 0.73% | 0.74% | +0.01% |
| Praj Industries Ltd. | 0.65% | 0.66% | +0.01% |
| Piramal Pharma Ltd. | 1.08% | 1.08% | +0.01% |
| Vedanta Iron And Steel Ltd. | 0.14% | 0.14% | +0.01% |
| INDO-MIM Ltd. | 0.04% | 0.04% | 0.00% |
| Balkrishna Industries Ltd. | 0.00% | 0.00% | 0.00% |
| Vedanta Oil and Gas Ltd | 0.15% | 0.15% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,629 Cr | 1.45% | 9.4% | 11.6% | 17.8% |
 ICICI Prudential Manufacturing Fund | ₹7,175 Cr | 2.13% | 7.8% | 10.7% | 17.8% |
 Kotak Manufacture in India Fund | ₹3,127 Cr | 2.08% | 21.4% | 15.8% | — |
 Mirae Asset Nifty India Manufacturing ETF FoF | ₹129 Cr | 0.44% | 4.1% | 9.9% | — |
 Navi Nifty India Manufacturing Index Fund | ₹86.53 Cr | 1.15% | 4.1% | 9.8% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Dhaval JoshiMr. Joshi has done B.Com, M.Com. and MBA (Finance)Prior to joining Aditya Birla Sun Life Mutual Fund, he was associated with Sundaram Mutual Fund, Emkay Global Financial Services and Asit C Mehta Investment Intermediates Ltd..
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months23.55% absolute | ₹60,000 | ₹74,130 | 23.55% | |
| 1 year21.80% annualised | ₹1,20,000 | ₹1,35,158 | 12.63% | |
| 3 years20.38% annualised | ₹3,60,000 | ₹4,99,154 | 38.65% | |
| 5 years14.24% annualised | ₹6,00,000 | ₹8,77,884 | 46.31% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Aditya Birla Sun Life Manufacturing Equity Fund?
The NAV of Aditya Birla Sun Life Manufacturing Equity Fund is ₹39.72 as on 24 Sep 2026.
What is the expense ratio of Aditya Birla Sun Life Manufacturing Equity Fund?
The expense ratio of Aditya Birla Sun Life Manufacturing Equity Fund is 2.32% per year.
What is the minimum SIP amount for Aditya Birla Sun Life Manufacturing Equity Fund?
You can start a SIP in Aditya Birla Sun Life Manufacturing Equity Fund with ₹3,000 a month.
What returns has Aditya Birla Sun Life Manufacturing Equity Fund given?
Aditya Birla Sun Life Manufacturing Equity Fund has returned 28.7% over 1 year, 17.9% over 3 years and 18.9% over 5 years (annualised).
Is there a lock-in or exit load on Aditya Birla Sun Life Manufacturing Equity Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 90 days..
How risky is Aditya Birla Sun Life Manufacturing Equity Fund?
Aditya Birla Sun Life Manufacturing Equity Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-Manufacturing category.
Which fund house manages Aditya Birla Sun Life Manufacturing Equity Fund?
Aditya Birla Sun Life Manufacturing Equity Fund is managed by Aditya Birla Sun Life Mutual Fund, which runs 86 schemes with ₹4,32,524 Cr under management.