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4 star

Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.51 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.83 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 15.79 -0.01 0.36 3.24 6.33 14.07 39.33 14.81 11.93 11.94 --
VR Balanced TRI 25.01 0.15 1.37 6.65 11.86 20.65 55.89 17.30 14.92 12.56 --
Hybrid: Dynamic Asset Allocation 16.10 -0.08 0.36 3.65 6.76 12.86 32.83 12.53 10.37 10.13 --
Rank within category 12 10 11 14 15 7 5 3 2 -- --
Number of funds in category 24 26 26 25 25 25 24 17 11 8 0

As on 24-Sep-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 39.33 14.81 11.93 0.63 4,989
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 32.69 13.77 11.68 1.04 34,687
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Aug-18 27.23 14.81 -- 0.49 10,688
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 41.41 18.02 14.65 0.44 5,304
Nippon India Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 36.09 13.89 12.30 0.72 4,331

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 13.34 14.47 0.64 0.72 0.74 1.34
VR Balanced TRI 14.75 18.44 0.58 0.69 -- --
Hybrid: Dynamic Asset Allocation 11.06 12.53 0.56 0.62 0.62 0.40
Rank within category 4 16 7 6 16 5
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-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 86
Top 10 Holdings (%) 37.00
Top 5 Holdings (%) 24.50
Top 3 Sectors (%) 25.32
Portfolio P/B Ratio 3.07
Portfolio P/E Ratio 21.57
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
equal Aditya Birla SL Liquid Direct-G Mutual Fund -- 0.00 - 9.63 8.14
new Panatone Finvest 364-D 30/08/2022 Commercial Paper A1+ 0.00 - 2.69 2.69
new 8.45% Tata Capital Financial Services 26/08/2022 Debenture AAA 0.00 - 1.45 1.45
equal 5.14% M&M Financial Services 23/01/2023 Floating Rate Debenture AAA 0.00 - 1.55 1.41
new 5.90% Bharti Hexacom 30/04/2024 Debenture AA 0.00 - 1.26 1.26
equal 8.45% Power Finance Corporation 2022 Non Convertible Debenture AAA 1.04 - 2.27 1.04
equal 7.03% LIC Housing Fin. 28/12/2021 Non Convertible Debenture AAA 0.00 - 2.04 1.01
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 2.04 1.01
equal 5.48% Cholamandalam Investment & Finance Company 30/12/2022 Debenture AA+ 0.00 - 1.26 1.01
equal 5.45% Cholamandalam Investment & Finance Company 25/11/2022 Non Convertible Debenture AA+ 0.00 - 1.26 1.01
new 5.85% Tata Capital Financial Services 2024 Debenture AAA 0.00 - 0.90 0.90
equal HDB Financial Services 29/10/2021 Bonds/NCDs AAA 0.81 - 1.66 0.81
up 6.00% Zee Entertainment 2022 Preference Shares -- 0.10 - 0.85 0.66
equal 6.88% REC 20/03/2025 Debenture AAA 0.63 - 2.21 0.63
new 7.10% Muthoot Finance 20/06/2024 Non Convertible Debenture AA+ 0.00 - 0.61 0.61
equal 8.56% REC 29/11/2028 Debenture AAA 0.55 - 1.18 0.55
equal 8.55% L&T Infrastructre Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 0.58 0.52
equal 6.90% REC 30/06/2022 Debenture AAA 0.51 - 1.10 0.51
equal 7.85% Bhopal Dhule Transmission 2022 Debenture AAA 0.45 - 0.97 0.45
equal 7.75% MRPL 29/01/2030 Non Convertible Debenture AAA 0.42 - 0.91 0.42
equal 8.48% L&T Housing Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 0.35 0.31
equal 8.55% REC 2028 Debenture AAA 0.22 - 0.47 0.22
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture D 0.00 - 0.39 0.19
equal LIC Housing Fin. 25/02/2022 Debenture AAA 0.13 - 0.27 0.13
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture C 0.06 - 0.54 0.06

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
up ICICI Bank Financial 25.04 5.79 1.98 4.68
down Tata Steel Metals 7.36 4.86 0.00 3.99
up HDFC Bank Financial 27.01 9.29 3.48 3.96
up Infosys Technology 36.51 4.51 2.32 3.73
up Adani Ports and Special Economic Zone Services 27.43 2.71 0.00 2.71
up HDFC Financial 25.45 4.35 0.46 2.55
up Bharti Airtel Communication 358.28 3.76 0.85 2.48
equal Bajaj Finance Financial 105.49 2.07 0.36 2.07
equal Reliance Industries Energy 34.86 5.03 0.02 1.87
equal ITC FMCG 21.09 6.23 1.50 1.82
equal State Bank of India Financial 15.73 2.19 0.00 1.75
up Kotak Mahindra Bank Financial 40.43 2.53 1.24 1.72
equal Axis Bank Financial 28.96 2.88 0.76 1.70
up Larsen & Toubro Construction 19.94 3.33 0.00 1.53
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 1.43
down Tata Consultancy Services Technology 41.59 2.20 0.05 1.39
equal Sun Pharmaceutical Industries Healthcare 30.76 2.00 0.00 1.39
up HCL Technologies Technology 32.26 2.00 0.61 1.18
up Tech Mahindra Technology 30.54 1.86 0.53 1.05
equal Bajaj Finserv Financial 72.13 1.91 0.00 1.02
equal NTPC Energy 9.05 3.12 0.37 0.98
equal Bharat Petroleum Corporation Energy 5.29 1.23 0.00 0.80
equal Hindustan Unilever FMCG 78.62 2.98 0.00 0.78
equal Hindalco Inds. Metals 15.40 1.08 0.00 0.76
up HDFC Life Insurance Insurance 124.47 1.39 0.00 0.72

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-Aug-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:


-0.01%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 79.9500

IDCW: ₹ 26.1100


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: 13.00%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 4,989 Cr (As on 31-Aug-2021)
Expense: 0.63% (As on 31-Aug-2021)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 351.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-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
 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

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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