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Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan

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Hybrid: Dynamic Asset Allocation

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1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.04 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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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 3.60 0.28 -0.02 3.62 4.53 19.74 6.40 5.41 9.63 11.53 --
VR Balanced TRI 0.08 0.30 -0.21 5.19 6.02 27.39 3.94 6.66 8.67 10.51 --
Hybrid: Dynamic Asset Allocation 4.63 0.21 0.16 2.70 3.93 17.07 7.21 5.36 7.49 10.54 --
Rank within category 16 5 16 4 9 5 14 10 1 -- --
Number of funds in category 23 25 25 25 25 25 23 15 12 6 0

As on 21-Oct-2020

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 6.40 5.41 9.63 1.01 2,351
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
 Jan-13 5.73 7.10 9.09 1.17 26,175
DSP Dynamic Asset Allocation Fund - Direct Plan  | Invest Online
5 star
 Feb-14 8.13 7.46 8.64 0.48 1,633
IDFC Dynamic Equity Fund - Direct Plan
4 star
 Oct-14 10.80 7.90 8.51 0.95 1,018
L&T Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
 Jan-13 11.23 8.24 7.07 1.14 764

Best & Worst Performance

Best (Period) Worst (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 42.05 (03-Sep-2013 - 03-Sep-2014) -19.63 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.40 13.24 0.03 0.03 0.72 -1.44
VR Balanced TRI 7.52 17.40 0.14 0.16 -- --
Hybrid: Dynamic Asset Allocation 5.47 11.88 0.04 0.06 0.62 -1.12
Rank within category 12 11 12 12 12 12
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 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 63
Top 10 Holdings (%) 33.38
Top 5 Holdings (%) 22.52
Top 3 Sectors (%) 41.86
Portfolio P/B Ratio 2.57
Portfolio P/E Ratio 21.36
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 8.45% Power Finance Corp. 2022 Non Convertible Debenture AAA 0.00 - 2.26 2.26
equal 6.88% REC 20/03/2025 Debenture AAA 0.00 - 2.19 2.16
down HDB Financial Services 29/10/2021 Bonds/NCDs AAA 0.00 - 2.91 1.65
equal 8.56% REC 29/11/2028 Debenture AAA 0.94 - 1.24 1.16
equal 6.90% REC 30/06/2022 Debenture AAA 0.00 - 1.10 1.10
equal 7.85% Bhopal Dhule Transmission 2022 Debenture AAA 0.94 - 1.58 0.97
equal 7.75% MRPL 29/01/2030 Non Convertible Debenture AAA 0.00 - 0.90 0.89
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture C 0.14 - 0.76 0.73
equal 8.55% REC 2028 Debenture AAA 0.37 - 0.49 0.46
equal LIC Housing Fin. 25/02/2022 Debenture AAA 0.21 - 0.27 0.26
equal 6.00% Zee Entertainment 2022 Preference Shares -- 0.09 - 0.14 0.10
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
equal HDFC Bank Financial 22.98 9.29 4.82 6.08
equal Reliance Industries Energy 33.47 5.03 0.00 5.03
equal Infosys Technology 27.07 4.29 2.04 4.29
down ICICI Bank Financial 28.07 5.79 1.78 4.15
down HDFC Financial 16.64 4.35 0.32 2.96
equal Kotak Mahindra Bank Financial 32.17 2.53 0.00 2.24
equal Tata Consultancy Services Technology 32.73 2.21 0.00 2.12
equal NTPC Energy 14.11 2.70 0.37 2.09
equal ITC FMCG 14.30 6.35 1.50 2.06
down Bharti Airtel Communication -- 3.76 0.00 2.01
equal Tech Mahindra Technology 19.84 1.86 0.23 1.86
equal Hindustan Unilever FMCG 72.68 2.98 0.00 1.76
equal HCL Technologies Technology 19.28 2.00 0.61 1.62
equal Coal India Energy 4.98 2.84 0.00 1.39
equal Exide Industries Engineering 22.21 1.38 0.00 1.37
equal Sanofi India Healthcare 43.91 1.55 0.43 1.31
equal ACC Construction 24.76 1.59 0.00 1.24
equal Cipla Healthcare 37.10 1.21 0.00 1.21
equal Power Grid Corporation Energy 9.99 3.01 0.00 1.19
equal Metropolis Healthcare Healthcare 93.22 1.75 0.00 1.19
down Axis Bank Financial 91.28 2.88 0.00 1.18
equal Godrej Consumer Products FMCG 46.30 1.16 0.00 1.16
equal Emami FMCG 52.99 1.16 0.00 1.16
up Bajaj Finance Financial 43.90 1.96 0.36 1.02
equal Larsen & Toubro Construction 15.63 3.33 0.00 1.00

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

As on 30-Sep-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:

Invest Online
0.28%

Change from previous, NAV as on 21-Oct-2020

Growth: ₹ 61.3300

Dividend: ₹ 21.0800

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

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: 10.82%
Benchmark: CRISIL Hybrid 50+50 Moderate TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,351 Cr (As on 30-Sep-2020)
Expense: 1.01% (As on 30-Sep-2020)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 264.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-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
 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

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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