Aditya Birla Sun Life Manufacturing Equity Fund vs ICICI Prudential Manufacturing Fund
Aditya Birla Sun Life Manufacturing Equity Fund and ICICI Prudential Manufacturing Fund are both Manufacturing Funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +20.88% vs +19.12%, 5-year CAGR +14.92% vs +17.69%, volatility 18.17% vs 18.11%, maximum drawdown −39.19% vs −37.63%. Their portfolios overlap by 28.5% (23 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Aditya Birla Sun Life Manufacturing Equity | ICICI Prudential Manufacturing | |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | ICICI Prudential Mutual Fund |
| Compared as | Manufacturing Funds | Manufacturing Funds |
| NAV | ₹42.8500 | ₹41.1300 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 3 Feb 2015 | 12 Oct 2018 |
| Track record | 11.8 yrs | 8.1 yrs |
| Fund size (AUM) | ₹1,386 Cr | ₹6,918 Cr |
| Securities held | 71 | 70 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Aditya Birla Sun Life Manufacturing Equity | ICICI Prudential Manufacturing | |
|---|---|---|
| 1 month | −1.52% | +0.51% |
| 3 months | −2.26% | −6.07% |
| 6 months | +6.49% | −0.87% |
| 1 year | +15.81% | +5.11% |
| 3 years (CAGR) | +20.88% | +19.12% |
| 5 years (CAGR) | +14.92% | +17.69% |
| 7 years (CAGR) | +17.78% | +21.27% |
| 10 years (CAGR) | +13.86% | — |
| Since launch (CAGR) | +13.18% | +19.10% |
| SIP return (XIRR, 5 years) ⓘ | +17.85% | +17.44% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Aditya Birla Sun Life Manufacturing Equity | ICICI Prudential Manufacturing | |
|---|---|---|
| 2026 (year to date) | +16.12% | +5.87% |
| 2025 | +4.47% | +10.43% |
| 2024 | +26.23% | +22.96% |
| 2023 | +33.68% | +48.55% |
| 2022 | −0.43% | +8.38% |
| 2021 | +23.07% | +46.50% |
Risk
| Aditya Birla Sun Life Manufacturing Equity | ICICI Prudential Manufacturing | |
|---|---|---|
| Volatility (annualised) ⓘ | 18.17% | 18.11% |
| Downside volatility ⓘ | 11.14% | 11.81% |
| Sharpe ratio ⓘ | 0.79 | 0.70 |
| Sortino ratio ⓘ | 1.29 | 1.07 |
| Maximum drawdown ⓘ | −39.19% | −37.63% |
| Recovery from that fall | 8 months | 8 months |
| Current fall from peak | −5.51% | −6.59% |
| Rolling 1-year return: worst | −26.73% | −34.45% |
| Rolling 1-year return: median | +13.52% | +13.81% |
| Rolling 1-year return: best | +82.22% | +110.69% |
| Share of 1-year periods with a loss | 26.33% | 11.47% |
Against each fund's benchmark
| Aditya Birla Sun Life Manufacturing Equity | ICICI Prudential Manufacturing | |
|---|---|---|
| Beta ⓘ | 1.06 | 1.10 |
| Alpha (Jensen's, annualised) ⓘ | +8.73% | +6.74% |
| R² ⓘ | 81.87 | 85.28 |
| Upside capture | 133.22% | 127.36% |
| Downside capture | 97.72% | 99.66% |
| Tracking error | 7.88% | 7.33% |
| Information ratio | 1.24 | 1.03 |
| Treynor ratio | 12.65 | 10.20 |
Portfolio
Asset mix
| Aditya Birla Sun Life Manufacturing Equity | ICICI Prudential Manufacturing | |
|---|---|---|
| Equity | 95.93% | 96.93% |
| Cash & equivalents | 4.14% | 2.88% |
| Debt | 0.00% | 0.16% |
Market-cap split (share of fund assets)
| Aditya Birla Sun Life Manufacturing Equity | ICICI Prudential Manufacturing | |
|---|---|---|
| Large Cap | 33.30% | 50.87% |
| Mid Cap | 24.27% | 21.69% |
| Small Cap | 35.29% | 23.51% |
| Unclassified | 3.01% | 0.89% |
Concentration
| Aditya Birla Sun Life Manufacturing Equity | ICICI Prudential Manufacturing | |
|---|---|---|
| Top 10 holdings | 25.11% | 38.97% |
| Effective number of stocks ⓘ | 60.7 | 40.1 |
| Securities held | 71 | 70 |
Portfolio overlap: 28.5%
23 companies are held by both funds; by weight, 28.5% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Aditya Birla Sun Life Manufacturing Equity | ICICI Prudential Manufacturing |
|---|---|---|
| Reliance Industries Limited | 3.14% | 5.90% |
| Cummins India Limited | 2.94% | 2.65% |
| Mahindra & Mahindra Limited | 2.44% | 5.16% |
| Hindalco Industries Limited | 2.22% | 1.93% |
| Samvardhana Motherson International Limited | 1.92% | 2.99% |
| Bharat Electronics Limited | 1.90% | 2.05% |
| Vedanta Aluminium Metal Limited | 1.80% | 2.43% |
| Hyundai Motor India Ltd. | 1.67% | 3.23% |
| Carborundum Universal Ltd. | 1.88% | 1.51% |
| Sun Pharmaceutical Industries Limited | 1.20% | 3.91% |
| TVS Motor Company Ltd. | 1.63% | 1.19% |
| Blue Star Limited | 1.68% | 1.15% |
| Cipla Limited | 1.26% | 1.00% |
| Gland Pharma Limited | 1.05% | 1.00% |
| Siemens Limited | 0.81% | 1.91% |
Top 10 holdings
Aditya Birla Sun Life Manufacturing Equity
- Sansera Engineering Limited3.27%
- Reliance Industries Limited3.14%
- Cummins India Limited2.94%
- Mahindra & Mahindra Limited2.44%
- Shilpa Medicare Limited2.38%
- Sona BLW Precision Forgings Limited2.26%
- TD Power Systems Limited2.22%
- Hindalco Industries Limited2.22%
- Happy Forgings Limited2.12%
- Cyient Dlm Ltd2.12%
ICICI Prudential Manufacturing
- Reliance Industries Limited5.90%
- Mahindra & Mahindra Limited5.16%
- Dr. Reddy's Laboratories Limited4.67%
- Sun Pharmaceutical Industries Limited3.91%
- Maruti Suzuki India Limited3.91%
- Larsen & Toubro Limited3.31%
- Hyundai Motor India Ltd.3.23%
- JSW Steel Limited3.03%
- Samvardhana Motherson International Limited2.99%
- UltraTech Cement Limited2.85%
Sector exposure
| Aditya Birla Sun Life Manufacturing Equity | ICICI Prudential Manufacturing | |
|---|---|---|
| Industrial Products | 15.93% | 8.99% |
| Pharmaceuticals & Biotechnology | 13.29% | 14.60% |
| Automobiles | 9.07% | 14.60% |
| Auto Components | 13.40% | 4.19% |
| Electrical Equipment | 5.12% | 8.51% |
| Consumer Durables | 7.30% | 3.93% |
| Cement & Cement Products | 0.74% | 6.95% |
| Petroleum Products | 4.21% | 5.90% |
| Chemicals & Petrochemicals | 1.62% | 5.40% |
| Ferrous Metals | 2.10% | 5.33% |
| Non - Ferrous Metals | 4.01% | 4.36% |
| Aerospace & Defense | 4.02% | 2.05% |
| Construction | 1.99% | 3.82% |
| Industrial Manufacturing | 3.77% | 1.50% |
Questions people ask
What is the difference between Aditya Birla Sun Life Manufacturing Equity and ICICI Prudential Manufacturing returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +15.81% vs +5.11%; 3-year CAGR +20.88% vs +19.12%; 5-year CAGR +14.92% vs +17.69%; 10-year CAGR +13.86% vs —. Past returns do not indicate future returns.
How do Aditya Birla Sun Life Manufacturing Equity and ICICI Prudential Manufacturing compare on risk?
Volatility (36 monthly returns, annualised) 18.17% vs 18.11%; Sharpe ratio 0.79 vs 0.70; Sortino ratio 1.29 vs 1.07; maximum drawdown −39.19% vs −37.63%; beta 1.06 vs 1.10.
How much do Aditya Birla Sun Life Manufacturing Equity and ICICI Prudential Manufacturing overlap?
By weight, 28.5% of the two portfolios is invested in the same companies; 23 stocks are held by both, the largest shared positions being Reliance Industries Limited, Cummins India Limited, Mahindra & Mahindra Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Aditya Birla Sun Life Manufacturing Equity and ICICI Prudential Manufacturing?
Aditya Birla Sun Life Manufacturing Equity: large cap 33.3%, mid cap 24.3%, small cap 35.3%. ICICI Prudential Manufacturing: large cap 50.9%, mid cap 21.7%, small cap 23.5% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.