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4 star

Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.43 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.69 Lakh

Suitability:

When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 9.15 0.25 1.02 3.89 5.65 11.07 38.45 12.73 13.02 11.69 --
VR Balanced TRI 11.37 0.65 0.36 4.88 3.76 14.96 47.28 13.72 14.01 11.42 --
Hybrid: Dynamic Asset Allocation 8.69 0.14 0.76 3.69 3.97 10.52 31.80 10.04 10.38 9.90 --
Rank within category 7 5 5 8 4 8 5 4 2 -- --
Number of funds in category 25 26 26 26 26 25 25 17 12 8 0

As on 11-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 38.45 12.73 13.02 0.83 3,601
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 35.75 12.02 12.47 1.11 32,188
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 38.96 15.00 13.88 0.51 3,881
DSP Dynamic Asset Allocation Fund - Direct Plan  | Invest Online
4 star
Feb-14 25.30 11.98 11.05 0.69 3,562
Nippon India Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 37.25 11.95 13.49 0.32 3,515

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.37 24-Mar-2020 - 31-Mar-2020 -13.45 16-Mar-2020 - 23-Mar-2020
Month 16.27 23-Mar-2020 - 22-Apr-2020 -25.48 20-Feb-2020 - 23-Mar-2020
Quarter 27.37 24-Mar-2020 - 23-Jun-2020 -24.81 23-Dec-2019 - 23-Mar-2020
Year 58.92 23-Mar-2020 - 23-Mar-2021 -19.63 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.62 14.52 0.57 0.66 0.76 0.61
VR Balanced TRI 14.39 18.22 0.55 0.64 -- --
Hybrid: Dynamic Asset Allocation 9.92 12.38 0.45 0.51 0.62 -0.67
Rank within category 4 16 4 4 16 4
Number of funds in category 17 17 17 17 17 17

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 79
Top 10 Holdings (%) 31.90
Top 5 Holdings (%) 21.19
Top 3 Sectors (%) 22.56
Portfolio P/B Ratio 3.02
Portfolio P/E Ratio 24.35
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Aditya Birla SL Liquid Direct-G Mutual Fund -- 0.00 - 9.63 7.04
equal 8.45% Power Finance Corp. 2022 Non Convertible Debenture AAA 1.45 - 2.27 1.45
equal 7.03% LIC Housing Fin. 28/12/2021 Non Convertible Debenture AAA 0.00 - 2.04 1.41
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 2.04 1.41
equal HDB Financial Services 29/10/2021 Bonds/NCDs AAA 0.00 - 2.91 1.11
equal 6.88% REC 20/03/2025 Debenture AAA 0.86 - 2.21 0.86
equal 6.00% Zee Entertainment 2022 Preference Shares -- 0.09 - 0.85 0.80
equal 8.56% REC 29/11/2028 Debenture AAA 0.77 - 1.18 0.77
equal 6.90% REC 30/06/2022 Debenture AAA 0.71 - 1.10 0.71
equal 7.85% Bhopal Dhule Transmission 2022 Debenture AAA 0.63 - 0.97 0.63
equal 7.75% MRPL 29/01/2030 Non Convertible Debenture AAA 0.58 - 0.91 0.58
equal 8.55% REC 2028 Debenture AAA 0.31 - 0.47 0.31
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture D 0.00 - 0.39 0.26
equal LIC Housing Fin. 25/02/2022 Debenture AAA 0.18 - 0.27 0.18
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture C 0.09 - 0.54 0.09
equal Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 0.00 - 0.00 0.00
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 0.00 - 0.00 0.00
equal Others CBLO -- - 16.27

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 25.76 9.29 3.55 4.19
equal Infosys Technology 31.86 4.51 2.32 3.69
equal ICICI Bank Financial 23.94 5.79 1.88 3.68
down Tata Steel Metals 18.63 3.83 0.00 2.60
equal Bharti Airtel Communication -- 3.76 0.85 2.47
equal NTPC Energy 15.33 3.12 0.37 2.22
up HDFC Financial 24.65 4.35 0.46 2.14
up Axis Bank Financial 31.45 2.88 0.60 1.94
equal ITC FMCG 19.45 6.35 1.50 1.94
equal State Bank of India Financial 17.11 2.19 0.00 1.90
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 1.87
equal Bajaj Finance Financial 83.56 1.96 0.36 1.82
equal Tata Consultancy Services Technology 37.32 2.20 0.04 1.62
equal Sun Pharmaceutical Inds. Healthcare 56.29 2.00 0.00 1.58
equal Kotak Mahindra Bank Financial 35.63 2.53 1.16 1.45
up HCL Technologies Technology 23.95 2.00 0.61 1.12
equal Bajaj Finserv Financial 42.36 1.91 0.00 1.07
equal Mahindra & Mahindra Automobile 55.49 1.18 0.00 1.04
up Larsen & Toubro Construction 18.22 3.33 0.00 1.03
equal BPCL Energy 6.49 1.23 0.00 1.03
equal Easy Trip Planners Services 145.91 1.00 0.00 1.00
equal GMR Infrastructure Construction -- 1.21 0.00 0.97
equal Hindustan Unilever FMCG 69.55 2.98 0.00 0.93
equal Hindalco Inds. Metals 25.36 1.57 0.00 0.89
equal Computer Age Management Services Financial 66.24 0.97 0.00 0.83

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Lovelish Solanki since 09-Oct-2019

Education: He has done BMS and MMS in finance.

Experience: Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives - Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.

Funds Managed:

— Mohit Sharma since 01-Apr-2017

Education: Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).

Experience: Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).

Funds Managed:

— Vineet Maloo since 26-Aug-2015

Education: Mr. Maloo is a Chartered Accountant.

Experience: Prior to joining Aditya Birla Sun Life AMC he has worked with Hindalco.

Funds Managed:


0.25%

Change from previous, NAV as on 11-Jun-2021

Growth: ₹ 75.3700

IDCW: ₹ 25.0000


Investment Strategy

The Scheme seeks to generate long term growth of capital and income distribution with relatively lower volatility by investing in a dynamically balanced portfolio of Equity & Equity linked investments and fixed-income securities.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 12.68%
Benchmark: CRISIL Hybrid 50+50 Moderate TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 3,601 Cr (As on 31-May-2021)
Expense: 0.83% (As on 30-Apr-2021)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 264.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-May-20210.1200

 23-Apr-20210.1200
 25-Mar-20210.0700
 25-Feb-20210.0600
 25-Jan-20210.0700
 24-Dec-20200.1300
 25-Nov-20200.1300
 23-Oct-20200.1200
 25-Sep-20200.1200
 25-Aug-20200.1200
 24-Jul-20200.1200
 25-Jun-20200.1100
 26-May-20200.1000
 24-Apr-20200.1100
 26-Mar-20200.0792
 25-Feb-20200.1080
 24-Jan-20200.1080
 26-Dec-20190.1008
 25-Nov-20190.1008
 25-Oct-20190.1008
 25-Sep-20190.1008
 23-Aug-20190.1008
 25-Jul-20190.1008
 25-Jun-20190.1008
 24-May-20190.1240

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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