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Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.25 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.01 Lakh

Analyst's Choice?

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.84 -0.43 -0.42 -0.58 2.19 8.27 12.79 7.85 8.96 11.87 --
VR Balanced TRI -0.13 -0.41 0.15 -1.46 2.09 8.94 13.18 11.73 7.81 11.36 --
Hybrid: Dynamic Asset Allocation 1.55 -0.26 0.00 0.50 2.76 7.99 11.19 8.44 7.60 11.39 --
Rank within category 17 23 21 21 15 12 9 10 2 -- --
Number of funds in category 23 24 24 24 23 23 21 14 11 6 0

As on 14-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 6.97 (26-Feb-2016 - 04-Mar-2016) -6.65 (19-Aug-2015 - 26-Aug-2015)
Month 12.87 (07-May-2014 - 06-Jun-2014) -8.20 (07-Aug-2015 - 07-Sep-2015)
Quarter 19.03 (21-Feb-2014 - 23-May-2014) -10.05 (29-May-2013 - 28-Aug-2013)
Year 42.05 (03-Sep-2013 - 03-Sep-2014) -9.77 (27-Feb-2015 - 29-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.26 5.73 0.45 0.78 0.45 -0.22
VR Balanced TRI 11.92 10.21 0.61 0.95 -- --
Hybrid: Dynamic Asset Allocation 8.64 6.48 0.48 0.82 0.52 -0.31
Rank within category 10 6 11 11 7 10
Number of funds in category 16 16 16 16 16 16

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

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 82
Top 10 Holdings (%) 33.14
Top 5 Holdings (%) 21.02
Top 3 Sectors (%) 42.81
Portfolio P/B Ratio 2.78
Portfolio P/E Ratio 20.07

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 7.68% ONGC Petro Additions 18/05/2020 Structured Obligation AAA 2.05 - 2.28 2.19
equal 8.25% LIC Housing Fin. 17/09/2021 Non Convertible Debenture AAA 0.00 - 1.86 1.86
equal 7.47% Power Finance Corp. 16/09/2021 Bonds AAA 0.00 - 1.72 1.67
equal Reliance Retail Ltd. 28/03/2020 Securitised Debt AAA 1.55 - 1.72 1.65
equal 7.85% Bhopal Dhule Transmission 2022 Debenture AAA 1.18 - 1.31 1.26
equal 8.56% REC 29/11/2028 Debenture AAA 0.87 - 0.97 0.96
equal 8.37% National Bank Agr. Rur. Devp 2021 Debenture AAA 0.88 - 0.97 0.94
equal 7.62% HUDCO 15/07/2022 Debenture AAA 0.00 - 0.97 0.93
equal 8.75% LIC Housing Fin. 2021 Debenture AAA 0.00 - 0.93 0.93
equal 8.75% LIC Housing Fin. 2021 Debenture AAA 0.00 - 0.93 0.93
equal 8.50% State Bank of India 22/11/2020 Non Convertible Debenture AA+ 0.00 - 0.92 0.92
equal 1.50% HDFC 18/06/2020 Debenture AAA 0.71 - 0.78 0.74
equal 8.40% JSW Energy 18/09/2020 Non Convertible Debenture AA- 0.00 - 0.73 0.73
down 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture D 0.20 - 0.63 0.61
equal 6.98% National Bank Agr. Rur. Devp 30/09/2020 Debenture AAA 0.00 - 0.57 0.55
equal 8.49% HDFC 27/04/2020 Debenture AAA 0.00 - 0.57 0.54
equal 8.83% REC 21/01/2022 Non Convertible Debenture AAA 0.00 - 0.39 0.38
equal 8.55% REC 2028 Debenture AAA 0.34 - 0.38 0.38
equal OPC Asset Solutions 28/06/2020 Debenture AAA 0.34 - 0.38 0.37
new 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture C 0.00 - 0.21 0.21
equal LIC Housing Fin. 25/02/2022 Debenture AAA 0.00 - 0.36 0.21
equal 6.00% Zee Entertainment 2022 Preference Shares -- 0.12 - 0.14 0.14
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 0.00 - 0.00 0.00

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
down HDFC Bank Financial 25.37 7.78 0.00 5.38
equal ICICI Bank Financial 36.96 5.85 1.37 3.97
equal HDFC Financial 18.63 5.85 0.32 3.09
equal Infosys Technology 20.56 5.91 0.84 2.84
up Axis Bank Financial 43.49 2.69 0.00 2.59
down Larsen & Toubro Construction 18.40 3.33 0.00 2.50
up Coal India Energy 5.71 2.84 0.00 2.45
up NTPC Energy 5.62 2.32 0.23 2.32
equal Reliance Industries Energy 21.61 2.87 0.00 2.25
equal Kotak Mahindra Bank Financial 37.06 2.49 0.00 2.18
equal ITC FMCG 16.80 6.35 1.72 2.04
equal HCL Technologies Technology 15.96 2.00 0.00 2.00
equal Nestle India FMCG 81.14 2.44 0.00 1.72
equal Mahanagar Gas Energy 14.72 3.86 0.56 1.67
up State Bank of India Financial 23.87 1.66 0.00 1.54
equal Tata Consultancy Services Technology 25.50 2.21 0.00 1.52
equal Metropolis Healthcare Healthcare 60.06 1.51 0.00 1.51
equal HDFC Life Insurance Financial 84.60 1.39 0.00 1.32
equal Dabur India FMCG 57.70 1.93 0.00 1.27
equal Ultratech Cement Construction 36.37 1.23 0.00 1.23
equal Bajaj Finserv Financial 37.81 1.18 0.00 1.18
equal Bharti Airtel Communication -- 2.17 0.00 1.13
equal Sanofi India Healthcare 42.03 1.52 0.02 1.11
equal Shree Cement Construction 64.71 1.09 0.00 1.09
equal Bajaj Finance Financial 52.70 1.36 0.00 1.03

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-Jan-2020

Fund Manager

— Lovelish Solanki since 09-Oct-2019

Education: He has done BMS and MMS in finance.

Experience: He has worked with Edelweiss AMC from Jan 2008 - February 2011. Prior to working wirh Birla Sun Life, he has worked as an equity/ equity derivative trader at Union KBC.

Funds Managed:

— Mohit Sharma since 01-Apr-2017

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

Experience: He has around 10 years of experience of which 7 years is in financial markets. He joined Birla Sun AMC in October 2015. Prior to joining Birla 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 Birla Sun Life AMC he has worked with Hindalco.

Funds Managed:


-0.43%

Change from previous, NAV as on 14-Feb-2020

Growth: ₹ 59.7000

Dividend: ₹ 21.5300


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 (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Exit Load For units in excess of 15% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 11.49%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,736 Cr (As on 31-Jan-2020)
Expense: 1.07% (As on 31-Jan-2020)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 321.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend24-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
 25-Apr-20190.1417
 25-Mar-20190.1417
 25-Feb-20190.1153
 25-Jan-20190.1153
 26-Dec-20180.1153
 26-Nov-20180.1417
 25-Oct-20180.1417
 25-Sep-20180.1505
 24-Aug-20180.1505
 25-Jul-20180.1417
 25-Jun-20180.1417
 25-May-20180.1505
 26-Apr-20180.1505
 26-Mar-20180.1700
 26-Feb-20180.1800
 25-Jan-20180.1800

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: 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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dateFriday, 28-Feb-2020
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