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3 star

Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan download report


1 Lakh

Investment Grown to
₹ 1.37 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.28 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: 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
Aditya Birla SL Balanced Advantage Direct-G -3.15 1.11 1.25 -2.65 -2.48 -4.06 5.53 10.99 8.98 10.72 --
VR Balanced TRI -5.28 2.51 2.67 -4.39 -5.09 -7.16 9.25 11.41 11.76 10.43 --
Hybrid: Dynamic Asset Allocation -3.31 1.10 1.40 -3.19 -2.37 -3.97 6.95 10.48 8.60 9.02 --
Rank within category 13 12 17 13 16 16 16 11 6 2 --
Number of funds in category 28 29 29 29 29 28 25 21 13 11 0

As on 20-May-2022

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
3 star
Jan-13 5.53 10.99 8.98 0.57% 6,761
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 8.65 11.56 10.57 0.98% 39,761
ICICI Prudential Asset Allocator Fund (FOF) - Direct Plan  | Invest Now
4 star
Jan-13 9.74 13.60 12.08 0.07% 15,636
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Aug-18 6.00 11.17 -- 0.45% 13,573
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 7.94 14.49 11.94 0.46% 8,008

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
Aditya Birla SL Balanced Advantage Direct-G 12.49 14.22 0.63 0.69 0.76 0.84
VR Balanced TRI 14.19 17.86 0.60 0.69 -- --
Hybrid: Dynamic Asset Allocation 11.87 12.37 0.69 0.81 0.63 1.66
Rank within category 10 20 13 12 20 14
Number of funds in category 21 21 21 21 21 21

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

As on 30-Apr-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 101
Top 10 Holdings (%) 37.19
Top 5 Holdings (%) 25.73
Top 3 Sectors (%) 26.25
Portfolio P/B Ratio 2.92
Portfolio P/E Ratio 18.48
Avg Credit Rating AAA

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
up Aditya Birla SL Liquid Direct-G Mutual Fund -- 6.90 - 8.99 7.65
equal Panatone Finvest 364-D 30/08/2022 Commercial Paper A1+ 0.00 - 2.69 2.04
equal 5.85% ICICI Home Finance Company 2024 Bonds/NCDs AAA 0.00 - 1.63 1.62
equal L&T Finance 168-D 14/06/2022 Commercial Paper A1+ 0.00 - 1.51 1.47
equal 7.95% HDFC Bank 21/09/2026 Bonds/Debentures AAA 0.00 - 1.67 1.30
equal 8.45% Tata Capital Financial Services 26/08/2022 Debenture AAA 0.00 - 1.45 1.05
equal 5.14% M&M Financial Services 23/01/2023 Floating Rate Debenture AAA 0.00 - 1.55 1.03
equal 5.90% Bharti Hexacom 30/04/2024 Debenture AA+ 0.00 - 1.15 0.92
new Vedanta 89-D 20/07/2022 Commercial Paper A1+ 0.00 - 0.88 0.88
equal 5.48% Cholamandalam Investment & Finance Company 30/12/2022 Debenture AA+ 0.00 - 1.26 0.74
equal 5.45% Cholamandalam Investment & Finance Company 25/11/2022 Non Convertible Debenture AA+ 0.00 - 1.26 0.74
equal 5.10% Bharti Telecom 20/10/2022 Debenture AA+ 0.00 - 0.82 0.74
equal 6.50% National Bank Agr. Rur. Devp 17/04/2023 Debenture AAA 0.00 - 0.70 0.67
equal 6.93% Manappuram Finance 28/02/2024 Debenture AA 0.00 - 0.54 0.52
equal 6.93% Manappuram Finance 28/01/2024 Non Convertible Debenture AA 0.00 - 0.54 0.52
equal 6.59% Summit Digitel Infrastructure 16/06/2026 Debenture AAA 0.00 - 0.64 0.51
equal 6.88% REC 20/03/2025 Debenture AAA 0.45 - 0.86 0.45
equal 7.10% Muthoot Finance 20/06/2024 Non Convertible Debenture AA+ 0.00 - 0.61 0.45
equal 5.85% Bharti Telecom 20/10/2023 Debenture AA+ 0.00 - 0.49 0.44
equal 8.56% REC 29/11/2028 Debenture AAA 0.40 - 0.77 0.40
equal 8.55% L&T Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 0.58 0.38
equal 5.58% Cholamandalam Investment & Finance Company 20/09/2023 Debenture AA+ 0.00 - 0.46 0.37
equal 5.85% Tata Capital Financial Services 2024 Debenture AAA 0.00 - 0.90 0.29
equal 8.48% L&T Housing Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 0.35 0.23
equal 7.68% L&T Finance 2023 Debenture AAA 0.00 - 0.28 0.23

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 Reliance Industries Energy 29.05 6.52 0.02 6.52
equal HDFC Bank Financial 19.01 9.29 3.48 4.51
equal ICICI Bank Financial 19.69 5.79 2.66 3.69
down ITC Consumer Staples 22.20 4.68 1.50 3.36
equal Tata Steel Metals & Mining 3.12 4.86 0.00 2.52
equal Adani Ports and Special Economic Zone Services 31.71 2.71 0.00 2.42
equal Bajaj Finance Financial 49.90 2.46 0.41 2.25
down State Bank of India Financial 11.63 3.52 0.00 2.20
equal Bharti Airtel Communication 94.89 3.76 0.85 2.08
down HDFC Financial 17.43 3.91 0.46 2.01
equal Axis Bank Financial 14.68 2.88 1.16 1.92
up Infosys Technology 27.95 4.51 1.64 1.90
equal Larsen & Toubro Construction 26.67 3.33 0.00 1.20
equal Kotak Mahindra Bank Financial 30.47 2.53 1.13 1.15
equal HCL Technologies Technology 20.47 2.00 0.61 1.12
equal Tata Consultancy Services Technology 31.70 2.20 0.34 1.09
equal Indusind Bank Financial 14.55 1.62 0.01 0.89
equal GMR Infrastructure Construction -- 1.46 0.00 0.83
equal Tech Mahindra Technology 19.96 1.86 0.53 0.81
equal Sun Pharmaceutical Industries Healthcare 34.31 2.00 0.00 0.78
equal Hero Motocorp Automobile 22.69 2.04 0.00 0.77
equal Shree Cement Materials 33.88 1.12 0.00 0.77
up Bharat Petroleum Corporation Energy 3.76 1.23 0.00 0.75
equal L&T Infotech Technology 31.67 1.12 0.00 0.72
equal Coal India Materials 7.45 2.45 0.36 0.71

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 30-Apr-2022

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:

— Vishal Gajwani since 01-Apr-2022

Education: Mr. Gajwani is CA and CFA (US)

Experience: Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Nippon India Mutual Fund.

Funds Managed:


1.11%

Change from previous, NAV as on 20-May-2022

Growth: ₹ 76.7800

IDCW: ₹ 24.0800


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

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 7 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 11.56%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: High
Type: Open-ended
Assets: ₹ 6,761 Cr (As on 30-Apr-2022)
Expense: 0.57% (As on 30-Apr-2022)
Risk Grade: Above Average
Return Grade: Average
Turnover: 361.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Apr-20220.1250

 25-Mar-20220.1240
 25-Feb-20220.1260
 25-Jan-20220.1290
 27-Dec-20210.1270
 25-Nov-20210.1300
 25-Oct-20210.1320
 27-Sep-20210.1290
 25-Aug-20210.1300
 23-Jul-20210.1300
 25-Jun-20210.1300
 25-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

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

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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