Aditya Birla Sun Life Manufacturing Equity Fund
Thematic-ManufacturingVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹38.66+1.31%1 day
- Return since launch
- 12.0%
- 52-week range
- ₹30.94 — ₹40.80
- AUM
- ₹1,332 Cr
Aditya Birla Sun Life Manufacturing Equity Fund is a Thematic-Manufacturing equity fund from Aditya Birla Sun Life Mutual Fund with ₹1,332 Cr under management, launched in 2015. Over three years it has returned 14.2% a year, against 17.5% 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 +15.5% against +3.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 17.6% | +8.9 pts | 8.7% | 7.2% |
| 2Y | 15.9% | +5.1 pts | 10.8% | 7.8% |
| 3Y | 14.2% | −3.4 pts | 17.5% | 8.0% |
| 5Y | 16.8% | +1.8 pts | 15.0% | 13.7% |
| 7Y | 17.1% | −1.5 pts | 18.6% | 16.2% |
| 10Y | 14.9% | +2.0 pts | 12.9% | 14.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 1.1% | −3.1 pts | 4.2% | 4.5% |
| 3M | -3.7% | −0.9 pts | -2.8% | -3.5% |
| 6M | 7.9% | +3.9 pts | 4.0% | 3.2% |
| 1Y | 16.2% | +7.5 pts | 8.7% | 4.5% |
| 2Y | 9.1% | +2.8 pts | 6.3% | 4.5% |
| 3Y | 19.4% | +1.9 pts | 17.5% | 15.6% |
| 5Y | 13.6% | −1.4 pts | 15.0% | 12.9% |
| 7Y | 16.9% | −1.8 pts | 18.7% | 17.2% |
| 10Y | 12.9% | 0.0 pts | 12.9% | 13.2% |
Since launch (13 Jan 2015): 12.0%
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 5 Nov 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 | 8.15 | 5.80 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.00 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.73 | 0.64 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.12 | 0.86 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 18.34 | 17.72 | 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 30 Sep 2026
Asset allocation
- Equity95.9%
- Other4.1%
Market cap split
- Large34.7%
- Mid25.4%
- Small39.9%
- P/E
- 35.91
- P/B
- 4.89
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 4.14% | ₹57.30 Cr | +1.05% | -0.23% | -0.26% |
| Sansera Engineering Ltd. | Automobile | 3.27% | ₹45.38 Cr | +2.60% | +2.04% | +1.28% |
| Reliance Industries Ltd. | Energy | 3.14% | ₹43.52 Cr | +3.86% | +4.85% | +5.01% |
| Cummins India Ltd. | Capital Goods | 2.94% | ₹40.74 Cr | +3.94% | +3.79% | +3.96% |
| Mahindra & Mahindra Ltd. | Automobile | 2.44% | ₹33.80 Cr | +3.61% | +4.21% | +4.80% |
| Shilpa Medicare Ltd. | Healthcare | 2.38% | ₹32.97 Cr | +1.53% | +1.08% | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 2.26% | ₹31.30 Cr | +1.90% | +1.79% | +1.45% |
| TD Power Systems Ltd. | Capital Goods | 2.22% | ₹30.81 Cr | +1.91% | +1.59% | +1.11% |
| Hindalco Industries Ltd. | Metals & Mining | 2.22% | ₹30.70 Cr | +2.54% | +5.22% | +4.90% |
| Happy Forgings Ltd. | Metals & Mining | 2.12% | ₹29.36 Cr | +1.78% | +1.62% | +1.22% |
| Cyient DLM Ltd. | Capital Goods | 2.12% | ₹29.33 Cr | +1.20% | +0.86% | +1.26% |
| Jindal Steel Ltd. | Metals & Mining | 2.10% | ₹29.10 Cr | +2.21% | +2.81% | +2.55% |
| Sai Life Sciences Ltd. | Healthcare | 2.08% | ₹28.82 Cr | +1.64% | +0.48% | +0.40% |
| Shivalik Bimetal Controls Ltd. | Capital Goods | 2.04% | ₹28.20 Cr | +1.63% | +1.00% | +1.23% |
| Radico Khaitan Ltd. | Consumer Staples | 1.97% | ₹27.29 Cr | +2.01% | +1.62% | +1.80% |
| Bharat Forge Ltd. | Automobile | 1.94% | ₹26.86 Cr | +2.43% | +2.30% | +1.58% |
| Samvardhana Motherson International Ltd. | Automobile | 1.92% | ₹26.55 Cr | +2.32% | +1.99% | +1.90% |
| Bharat Electronics Ltd. | Capital Goods | 1.90% | ₹26.34 Cr | +2.27% | +2.68% | +2.56% |
| Carborundum Universal Ltd. | Metals & Mining | 1.88% | ₹26.03 Cr | +1.99% | +1.59% | +1.80% |
| Ajanta Pharma Ltd. | Healthcare | 1.83% | ₹25.35 Cr | +1.95% | +1.93% | +1.01% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.80% | ₹24.93 Cr | +2.20% | — | — |
| Welspun Corp Ltd. | Metals & Mining | 1.77% | ₹24.46 Cr | +1.11% | +0.72% | +1.03% |
| Endurance Technologies Ltd. | Automobile | 1.75% | ₹24.26 Cr | +1.99% | +1.62% | +1.90% |
| Ather Energy Ltd. | Automobile | 1.75% | ₹24.23 Cr | +1.58% | +1.26% | +0.95% |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.70% | ₹23.58 Cr | +1.26% | +0.48% | — |
| Blue Star Ltd. | Consumer Discretionary | 1.68% | ₹23.22 Cr | +1.14% | +1.37% | +1.52% |
| Hyundai Motor India Ltd. | Automobile | 1.67% | ₹23.14 Cr | +0.93% | — | — |
| TVS Motor Company Ltd. | Automobile | 1.63% | ₹22.58 Cr | +1.55% | — | — |
| Bajaj Auto Ltd. | Automobile | 1.58% | ₹21.92 Cr | +1.86% | +2.04% | +1.91% |
| AIA Engineering Ltd. | Metals & Mining | 1.58% | ₹21.91 Cr | +2.52% | +2.18% | +1.74% |
| Kalpataru Projects International Ltd. | Capital Goods | 1.48% | ₹20.57 Cr | — | — | — |
| Craftsman Automation Ltd. | Automobile | 1.41% | ₹19.50 Cr | +0.71% | — | — |
| Astral Ltd. | Materials | 1.29% | ₹17.82 Cr | — | — | — |
| BlueStone Jewellery and Lifestyle Ltd. | Consumer Discretionary | 1.28% | ₹17.67 Cr | +1.47% | +1.52% | +1.85% |
| Cipla Ltd. | Healthcare | 1.26% | ₹17.50 Cr | — | — | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 1.24% | ₹17.12 Cr | +1.05% | +1.23% | — |
| United Spirits Ltd. | Consumer Staples | 1.22% | ₹16.93 Cr | +1.37% | +0.90% | — |
| LMW Ltd. | Capital Goods | 1.22% | ₹16.86 Cr | +1.28% | +1.18% | +1.35% |
| Dynamatic Technologies Ltd. | Automobile | 1.21% | ₹16.82 Cr | — | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.20% | ₹16.57 Cr | +1.38% | +3.29% | +2.76% |
| Mankind Pharma Ltd. | Healthcare | 1.16% | ₹16.02 Cr | +1.33% | — | — |
| Asian Paints Ltd. | Materials | 1.12% | ₹15.52 Cr | +1.38% | +1.38% | +1.42% |
| Kirloskar Brothers Ltd. | Capital Goods | 1.11% | ₹15.34 Cr | +0.35% | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 1.07% | ₹14.86 Cr | +1.21% | — | — |
| Piramal Pharma Ltd. | Healthcare | 1.06% | ₹14.64 Cr | +0.97% | +0.95% | +1.07% |
| Gland Pharma Ltd. | Healthcare | 1.05% | ₹14.50 Cr | — | — | — |
| Vedanta Ltd. | Metals & Mining | 1.03% | ₹14.25 Cr | +1.26% | +3.55% | +2.56% |
| Adani Enterprises Ltd. | Services | 0.98% | ₹13.62 Cr | — | — | — |
| ABB India Ltd. | Capital Goods | 0.98% | ₹13.55 Cr | +1.14% | +1.17% | +0.97% |
| SRF Ltd. | Chemicals | 0.89% | ₹12.36 Cr | +1.11% | +1.20% | +1.32% |
| Century Plyboards (India) Ltd. | Materials | 0.89% | ₹12.29 Cr | — | — | — |
| Gokaldas Exports Ltd. | Textiles | 0.87% | ₹12.04 Cr | +1.24% | +1.00% | +1.18% |
| Tube Investments Of India Ltd. | Automobile | 0.86% | ₹11.88 Cr | +1.23% | +1.49% | +1.74% |
| Ingersoll-Rand (India) Ltd. | Capital Goods | 0.85% | ₹11.83 Cr | +1.05% | — | — |
| Siemens Ltd. | Capital Goods | 0.81% | ₹11.18 Cr | — | — | — |
| Thermax Ltd. | Capital Goods | 0.80% | ₹11.03 Cr | +1.36% | +1.04% | — |
| Adani Power Ltd. | Energy | 0.78% | ₹10.77 Cr | +0.96% | +0.78% | — |
| Ambuja Cements Ltd. | Materials | 0.74% | ₹10.25 Cr | +0.94% | — | — |
| Alkyl Amines Chemicals Ltd. | Chemicals | 0.73% | ₹10.07 Cr | +0.80% | +0.69% | +0.84% |
| NMDC Ltd. | Metals & Mining | 0.70% | ₹9.67 Cr | +0.87% | +0.95% | +1.43% |
| Lohia Corp Ltd. | Materials | 0.69% | ₹9.61 Cr | — | — | — |
| Onesource Specialty Pharma Ltd. | Healthcare | 0.65% | ₹9.04 Cr | +0.80% | +0.86% | +1.02% |
| V-Guard Industries Ltd. | Consumer Discretionary | 0.64% | ₹8.89 Cr | +0.73% | +0.93% | +1.05% |
| Biocon Ltd. | Healthcare | 0.64% | ₹8.81 Cr | — | — | — |
| Praj Industries Ltd. | Capital Goods | 0.59% | ₹8.18 Cr | +0.76% | +0.84% | +0.74% |
| Techno Electric & Engineering Company Ltd. | Capital Goods | 0.51% | ₹7.01 Cr | +0.60% | +0.67% | +0.87% |
| PI Industries Ltd. | Chemicals | 0.47% | ₹6.45 Cr | +0.62% | +0.80% | +0.82% |
| Shyam Metalics And Energy Ltd. | Metals & Mining | 0.36% | ₹5.00 Cr | +0.36% | +1.14% | +2.13% |
| Apar Industries Ltd. | Consumer Staples | 0.32% | ₹4.39 Cr | — | — | — |
| INDO-MIM Ltd. | Capital Goods | 0.05% | ₹0.73 Cr | — | — | — |
| Milky Mist Dairy Food Ltd. | Consumer Staples | 0.04% | ₹0.55 Cr | — | — | — |
| Aditya Birla Real Estate Ltd | Consumer Staples | 0.00% | ₹0.02 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Dynamatic Technologies Ltd. | 0.00% | 1.21% | +1.21% |
| Gland Pharma Ltd. | 0.00% | 1.05% | +1.05% |
| Voltas Ltd. | 0.94% | 0.00% | -0.94% |
| Century Plyboards (India) Ltd. | 0.00% | 0.89% | +0.89% |
| Blue Star Ltd. | 0.90% | 1.68% | +0.78% |
| H.G. Infra Engineering Ltd. | 0.52% | 0.00% | -0.52% |
| Sansera Engineering Ltd. | 2.87% | 3.27% | +0.41% |
| Others | -0.20% | -0.59% | -0.39% |
| Ather Energy Ltd. | 2.08% | 1.75% | -0.34% |
| Happy Forgings Ltd. | 2.44% | 2.12% | -0.33% |
| Eureka Forbes Ltd. | 0.31% | 0.00% | -0.31% |
| Astral Ltd. | 0.98% | 1.29% | +0.31% |
| Shilpa Medicare Ltd. | 2.13% | 2.38% | +0.25% |
| Mahindra & Mahindra Ltd. | 2.68% | 2.44% | -0.24% |
| Carborundum Universal Ltd. | 1.64% | 1.88% | +0.24% |
| Welspun Corp Ltd. | 1.54% | 1.77% | +0.23% |
| Dixon Technologies (India) Ltd. | 1.91% | 1.70% | -0.21% |
| Reliance Industries Ltd. | 3.34% | 3.14% | -0.20% |
| Cyient DLM Ltd. | 1.93% | 2.12% | +0.19% |
| Cummins India Ltd. | 3.12% | 2.94% | -0.18% |
| Bajaj Auto Ltd. | 1.74% | 1.58% | -0.16% |
| Bharat Forge Ltd. | 2.09% | 1.94% | -0.16% |
| Vedanta Oil and Gas Ltd | 0.15% | 0.00% | -0.15% |
| Hindalco Industries Ltd. | 2.36% | 2.22% | -0.15% |
| Vedanta Iron And Steel Ltd. | 0.14% | 0.00% | -0.14% |
| AIA Engineering Ltd. | 1.72% | 1.58% | -0.14% |
| LMW Ltd. | 1.35% | 1.22% | -0.14% |
| Tube Investments Of India Ltd. | 0.99% | 0.86% | -0.13% |
| Ingersoll-Rand (India) Ltd. | 0.99% | 0.85% | -0.13% |
| Hyundai Motor India Ltd. | 1.79% | 1.67% | -0.12% |
| Endurance Technologies Ltd. | 1.87% | 1.75% | -0.12% |
| ABB India Ltd. | 1.09% | 0.98% | -0.11% |
| Sai Life Sciences Ltd. | 1.97% | 2.08% | +0.11% |
| Thermax Ltd. | 0.90% | 0.80% | -0.11% |
| United Spirits Ltd. | 1.33% | 1.22% | -0.11% |
| Gokaldas Exports Ltd. | 0.98% | 0.87% | -0.11% |
| Bharat Electronics Ltd. | 2.01% | 1.90% | -0.11% |
| Asian Paints Ltd. | 1.22% | 1.12% | -0.10% |
| V-Guard Industries Ltd. | 0.74% | 0.64% | -0.10% |
| NMDC Ltd. | 0.79% | 0.70% | -0.10% |
| Sun Pharmaceutical Industries Ltd. | 1.29% | 1.20% | -0.10% |
| Alkyl Amines Chemicals Ltd. | 0.82% | 0.73% | -0.09% |
| Craftsman Automation Ltd. | 1.50% | 1.41% | -0.09% |
| Jindal Steel Ltd. | 2.18% | 2.10% | -0.08% |
| Vedanta Aluminium Metal Ltd. | 1.87% | 1.80% | -0.08% |
| TVS Motor Company Ltd. | 1.70% | 1.63% | -0.07% |
| Sona BLW Precision Forgings Ltd. | 2.19% | 2.26% | +0.07% |
| Praj Industries Ltd. | 0.66% | 0.59% | -0.07% |
| Samvardhana Motherson International Ltd. | 1.98% | 1.92% | -0.06% |
| Vedanta Ltd. | 1.09% | 1.03% | -0.06% |
| Biocon Ltd. | 0.70% | 0.64% | -0.06% |
| Bharat Petroleum Corporation Ltd. | 1.13% | 1.07% | -0.06% |
| Siemens Ltd. | 0.86% | 0.81% | -0.06% |
| Lenskart Solutions Ltd. | 1.18% | 1.24% | +0.05% |
| Mankind Pharma Ltd. | 1.10% | 1.16% | +0.05% |
| TD Power Systems Ltd. | 2.17% | 2.22% | +0.05% |
| Kirloskar Brothers Ltd. | 1.15% | 1.11% | -0.05% |
| Ambuja Cements Ltd. | 0.78% | 0.74% | -0.04% |
| Cipla Ltd. | 1.31% | 1.26% | -0.04% |
| PI Industries Ltd. | 0.51% | 0.47% | -0.04% |
| Adani Power Ltd. | 0.75% | 0.78% | +0.03% |
| Radico Khaitan Ltd. | 2.00% | 1.97% | -0.03% |
| Ajanta Pharma Ltd. | 1.80% | 1.83% | +0.03% |
| Piramal Pharma Ltd. | 1.08% | 1.06% | -0.03% |
| Shivalik Bimetal Controls Ltd. | 2.01% | 2.04% | +0.03% |
| Adani Enterprises Ltd. | 0.96% | 0.98% | +0.03% |
| BlueStone Jewellery and Lifestyle Ltd. | 1.30% | 1.28% | -0.02% |
| SRF Ltd. | 0.91% | 0.89% | -0.02% |
| Techno Electric & Engineering Company Ltd. | 0.49% | 0.51% | +0.02% |
| INDO-MIM Ltd. | 0.04% | 0.05% | +0.02% |
| Lohia Corp Ltd. | 0.68% | 0.69% | +0.01% |
| Milky Mist Dairy Food Ltd. | 0.03% | 0.04% | +0.01% |
| Onesource Specialty Pharma Ltd. | 0.64% | 0.65% | +0.01% |
| Shyam Metalics And Energy Ltd. | 0.37% | 0.36% | -0.01% |
| Kalpataru Projects International Ltd. | 1.49% | 1.48% | 0.00% |
| Apar Industries Ltd. | 0.32% | 0.32% | 0.00% |
| Aditya Birla Real Estate Ltd | 0.00% | 0.00% | 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 | ₹2,487 Cr | 1.43% | 8.8% | 10.3% | 16.4% |
 ICICI Prudential Manufacturing Fund | ₹6,612 Cr | 2.08% | 6.1% | 8.7% | 16.4% |
 Kotak Manufacture in India Fund | ₹3,132 Cr | 2.07% | 17.8% | 14.1% | — |
 Mirae Asset Nifty India Manufacturing ETF FoF | ₹122 Cr | 0.43% | 5.5% | 9.2% | — |
 Navi Nifty India Manufacturing Index Fund | ₹83.12 Cr | 1.16% | 5.8% | 9.2% | — |
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 months7.90% absolute | ₹60,000 | ₹64,740 | 7.90% | |
| 1 year16.20% annualised | ₹1,20,000 | ₹1,31,069 | 9.22% | |
| 3 years19.44% annualised | ₹3,60,000 | ₹4,91,420 | 36.51% | |
| 5 years13.59% annualised | ₹6,00,000 | ₹8,62,079 | 43.68% |
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 ₹38.66 as on 9 Nov 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 17.6% over 1 year, 14.2% over 3 years and 16.8% 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 ₹4,46,664 Cr under management.