Fund manager · Aditya Birla

Dhaval Gala

Fund Manager and Analyst at Aditya Birla. Runs 4 schemes worth ₹18,015 Cr.

Fund house
Aditya BirlaThey run their schemes at Aditya Birla.
AUM they run
₹18,015 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.
Schemes
4 now · 5 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Oct 2024.
Experience
20 years~20 years

What Dhaval Gala's schemes hold^{(Aug 2015 – Sept 2026)}

What Dhaval Gala's schemes hold in Sept 2026. Tick up to 2 to plot them.
Plot	162 companies ·	₹ Cr
	State Bank of India	1,227
	ICICI Bank	794
	Axis Bank	506
	Bank of Maharashtra	492
	NTPC	477
	HDFC Bank	470
	Bharat Heavy Electricals	386
	Power Grid Corporation of India	368
	Union Bank of India	353
	PNB Housing Finance Limited	322
	Bajaj Finance Limited	308
	Shriram Finance Limited	279
	Bharat Electronics	277
	GAIL India	223
	Kotak Mahindra Bank Limited	221
	LIC of India Ltd	201
	Oil and Natural Gas Corporation Limited	201
	Bharat Petroleum Corp Ltd	199
	SBI Life Insurance Co Ltd	194
	Hindustan Petroleum Corp Ltd	188
	Meesho Ltd	184
	NMDC	182
	Bharti Airtel Limited	182
	Sedemac Mechatronics Ltd	179
	Bank of India	174
	Billionbrains Garage Ventures Ltd	170
	Coal India	157
	Hindustan Aeronautics Limited	156
	Reliance Industries	150
	Aditya Infotech Limited	146
	Infosys	140
	Eternal Limited	136
	Bank of Baroda	135
	Sansera Engineering Limited	129
	PB Fintech Limited	122
	ICICI Lombard General Insurance Co	119
	Tech Mahindra	107
	HDFC Life Insurance Co Ltd	107
	Varun Beverages Limited	104
	Coforge Limited	104
	Indian Oil Corp Ltd	103
	HDB Financial Services Limited	100
	Hindustan Unilever	99.9
	AU Small Finance Bank Limited	99.2
	Swiggy Limited	94.6
	Torrent Pharmaceuticals Limited	89.8
	Sona Blw Precision Forgings	86.9
	Thermax	86.9
	Oil India	86.7
	Hindalco Industries	86.1

State Bank of India
ICICI Bank

Market value of each ticked company across the schemes Dhaval Gala runs, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.
Month	State Bank of India	ICICI Bank
Sept 2025	₹1,325 Cr	₹928 Cr
Oct 2025	₹1,424 Cr	₹912 Cr
Nov 2025	₹1,478 Cr	₹937 Cr
Dec 2025	₹1,397 Cr	₹906 Cr
Jan 2026	₹1,532 Cr	₹906 Cr
Feb 2026	₹1,709 Cr	₹963 Cr
Mar 2026	₹1,393 Cr	₹842 Cr
Apr 2026	₹1,520 Cr	₹882 Cr
May 2026	₹1,245 Cr	₹773 Cr
Jun 2026	₹1,326 Cr	₹835 Cr
Jul 2026	₹1,314 Cr	₹872 Cr
Aug 2026	₹1,355 Cr	₹874 Cr
Sept 2026	₹1,227 Cr	₹794 Cr

Fig. 1.Market value of each ticked company across the schemes Dhaval Gala runs, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Allocation^{(Sept 2026)}

Market cap

		% of AUM
Large Cap	57	54.32

Mid Cap	37	16.86

Small Cap	56	13.68

REIT / InvIT	3	0.82

Unlisted	7	0.67

Other equity	2	0.40

Cash & others		13.26

Sectors

Companies

Fig. 2.What the schemes this manager runs hold, all together, by market cap, by sector and by company. Hover a slice or a row; click a slice to open it.

What Dhaval Gala bought and sold^{(Oct 2025 – Sept 2026)}

What Dhaval Gala bought and sold. Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Fig. 3.Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.