Fundalysisby DARKHORSESTOCKS

Scheme

Aditya Birla Sun Life Large Mid Cap Fund

Holds 81 companies worth ₹5,523 Cr in Sept 2026.

  • Fund house

    Aditya BirlaThe fund house that runs this scheme.

  • AUM

    ₹5,603 CrAditya Birla Sun Life Large Mid Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.6% on Aug 2026, ₹5,998 Cr.

  • Largest holding

    ICICI BankICICI Bank is 3.9% of this scheme's NAV.

  • Fund manager

    Vishal GajwaniRuns it since 31 Oct 2024, as the fund house dates it.

Overview(1 Sept 2026)

Fund managers1

  1. Vishal GajwaniFund manager · Oct 2024 · 19y
  1. Dhaval JoshiNov 2022 – Oct 2025
  2. Atul PenkarFeb 2023 – Oct 2024

Key facts

Benchmark
Nifty Large Midcap 250 TRI
Risk
Very High
Expense
Regular 1.99% · Direct 1.26%
Exit load
1% within 90 days
Started
24 Feb 1995
Minimum
₹1,000

Source.Its Scheme Summary Document as of 1 Sept 2026 at AMFI.

What changed(6 changes)

Aug 2026

1 change
  1. Expense ratio
    26 AugRegular 1.6% → 1.99%Direct 0.95% → 1.26%

Apr 2026

1 change
  1. Expense ratio
    1 AprRegular 1.91% → 1.6%Direct 1.13% → 0.95%

Oct 2025

1 change
  1. Dhaval Joshi left
    2 Octran it as co-manager from Nov 2022

Source.Its filings at NSE, since Oct 2024.

Fund managers over time(Nov 2022 – now)

  1. Vishal Gajwani
  2. Dhaval Joshi
  3. Atul Penkar
MainCoSlice2023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Oct 2024 – Sept 2026)

Every change to the expense ratio, newest first.
3 changesRegularDirectΔ pt
26 Aug 20261.99%1.26%0.31
1 Apr 20261.60%0.95%0.18
15 Oct 20241.91%1.13%–
Direct plan, 26 Aug 2026
1.26%
Regular plan 1.99% · Exit load 1% within 90 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(1 Sept 2026)

Objective

The objective of the scheme is to achieve long-term growth of capital, at relatively moderate levels of risk through a diversified research based investment in Large & Midcap companies

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended equity scheme investing in both large cap and mid cap stocks
Benchmark
Nifty Large Midcap 250 TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity Related Instruments of Large Cap companies
    Allowed35–100%
  2. Equity & Equity Related Instruments of Mid Cap companies
    Allowed35–100%
  3. Equity and equity related instruments of Companies other than Large Cap and Midcap
    Allowed0–30%
  4. Liquid* & Money Market Instruments
    Allowed0–30%Holds1.4%
  5. Units of Mutual Funds
    Allowed0–30%Holds0.0%
  6. Units of InVITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.98.6% equity · 1.4% debt and cash

How to invest(1 Sept 2026)

Buying

To start
₹1,000, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
SIP how often
OM,OW,FM,SM,DZ
SIP dates
Any Day(1 to 31) / Weekly(Monday to Friday)
SIP minimum
₹100, then in multiples of ₹1
SIP instalments
6

Selling and switching

To redeem
Rs.1 and multiples of Rs.1 thereafter or No minimum redemption criterion for Unit based redemption units
Minimum balance
₹1 or 1E-3 units
Switch minimum
₹1,000 or 1E-3 units
Switch multiples
₹0.01
STP how often
Q,OM,OW,DZ
STP dates
01,07,10,14,20,21,27,28
STP minimum
(OM/OW-Rs.500x12, Rs.1000x6) - (OQ-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20)
STP instalments
(OM/OW-Rs.500x12, Rs.1000x6) - (OQ-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20)
SWP how often
Q,OM,OW,DZ
SWP dates
01,07,10,14,20,21,28
SWP minimum
(OM/OW/BZ - Rs.500x6) - (OQ - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)
SWP instalments
(OM/OW/BZ - Rs.500x6) - (OQ - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)

Scheme details(1 Sept 2026)

What it is

Category
Equity Scheme - Large & Mid Cap Fund
Offer
24 Feb 1995
Started
24 Feb 1995
Reopened
25 Feb 1995
Plans
Growth
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
HDFC Bank Limited
Auditor
M/s Deloitte Haskins & Sells LLP
Registrar
Computer Age Management Services Limited
SEBI code
ABSL/O/E/LMF/95/02/0002