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Aditya Birla Sun Life Balanced Advantage Fund

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Hybrid: Dynamic Asset Allocation

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1 Lakh

Investment Grown to
₹ 1.26 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.43 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 0.70 -0.43 -0.40 2.60 13.22 17.89 15.26 8.05 12.37 12.22 9.82
VR Balanced TRI 2.41 -1.29 -0.35 5.78 17.80 24.80 18.01 10.28 14.12 12.72 10.46
Hybrid: Dynamic Asset Allocation 1.36 -0.50 -0.42 3.26 10.08 14.11 12.63 6.69 9.43 10.95 9.50
Rank within category 23 14 14 19 4 5 7 6 1 -- --
Number of funds in category 25 25 25 25 25 25 24 16 12 7 7

As on 22-Jan-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  | Invest Online
4 star
 Apr-00 15.26 8.05 12.37 2.10 2,596
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
 Dec-06 12.58 8.51 11.43 1.74 28,546
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
4 star
 Feb-14 12.87 8.59 9.87 2.01 2,251
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
 Aug-09 23.91 10.29 11.64 2.05 2,221
HDFC Balanced Advantage Fund  | Invest Online
Unrated
 Feb-94 10.82 3.65 11.57 1.65 39,535

Best & Worst Performance

Best (Period) Worst (Period)
Week 16.18 (27-Oct-2008 - 04-Nov-2008) -15.38 (10-May-2004 - 17-May-2004)
Month 23.24 (11-May-2009 - 10-Jun-2009) -28.64 (09-Feb-2001 - 13-Mar-2001)
Quarter 57.66 (09-Mar-2009 - 10-Jun-2009) -37.44 (11-Jan-2001 - 12-Apr-2001)
Year 75.85 (09-Mar-2009 - 11-Mar-2010) -49.86 (15-Sep-2000 - 17-Sep-2001)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.69 14.48 0.27 0.33 0.75 -1.42
VR Balanced TRI 11.89 18.30 0.39 0.46 -- --
Hybrid: Dynamic Asset Allocation 6.78 12.40 0.16 0.19 0.62 -2.41
Rank within category 4 16 7 5 16 7
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-Dec-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 63
Top 10 Holdings (%) 38.69
Top 5 Holdings (%) 26.61
Top 3 Sectors (%) 25.25
Portfolio P/B Ratio 2.99
Portfolio P/E Ratio 26.60
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
new Aditya Birla SL Liquid Direct-G Mutual Fund -- 0.00 - 9.63 9.63
equal 8.45% Power Finance Corp. 2022 Non Convertible Debenture AAA 0.00 - 2.27 2.04
equal 6.88% REC 20/03/2025 Debenture AAA 0.00 - 2.21 2.01
equal 7.03% LIC Housing Fin. 28/12/2021 Non Convertible Debenture AAA 0.00 - 2.04 1.98
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 2.04 1.97
equal 8.52% M&M Financial Services 28/05/2021 Bonds/NCDs AAA 0.00 - 1.82 1.76
equal HDB Financial Services 29/10/2021 Bonds/NCDs AAA 0.00 - 2.91 1.52
equal 8.56% REC 29/11/2028 Debenture AAA 0.96 - 1.24 1.07
equal 6.90% REC 30/06/2022 Debenture AAA 0.00 - 1.10 1.00
equal 7.85% Bhopal Dhule Transmission 2022 Debenture AAA 0.88 - 1.58 0.88
equal 7.75% MRPL 29/01/2030 Non Convertible Debenture AAA 0.00 - 0.91 0.81
equal 8.55% REC 2028 Debenture AAA 0.38 - 0.49 0.42
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture D 0.00 - 0.61 0.36
equal LIC Housing Fin. 25/02/2022 Debenture AAA 0.21 - 0.27 0.24
up 6.00% Zee Entertainment 2022 Preference Shares -- 0.09 - 0.14 0.13
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture C 0.12 - 0.76 0.12
new 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 -- - 4.96

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 25.92 9.29 4.93 5.72
equal Infosys Technology 30.70 4.29 2.04 4.22
up HDFC Financial 28.84 4.35 0.32 3.91
up NTPC Energy 14.58 3.12 0.37 3.12
down ICICI Bank Financial 26.46 5.79 1.78 3.06
up Bharti Airtel Communication -- 3.76 0.85 2.61
up ITC FMCG 18.91 6.35 1.50 2.35
new Sun Pharmaceutical Inds. Healthcare 93.82 2.00 0.00 2.00
up Reliance Industries Ltd - Partly Paid Equity Energy -- 1.96
down Tata Consultancy Services Technology 39.69 2.21 0.03 1.86
up Axis Bank Financial 55.59 2.88 0.60 1.82
down Kotak Mahindra Bank Financial 40.07 2.53 0.00 1.46
down Hindustan Unilever FMCG 80.69 2.98 0.00 1.32
equal Coal India Energy 6.04 2.84 0.00 1.31
equal Bajaj Finance Financial 74.44 1.96 0.36 1.22
down Maruti Suzuki India Automobile 59.83 4.65 0.00 1.18
down Godrej Consumer Products FMCG 52.85 1.18 0.00 1.15
down Sanofi India Healthcare 42.98 1.55 0.93 1.14
down Bajaj Finserv Financial 39.18 1.91 0.00 1.12
up State Bank of India Financial 10.79 1.66 0.00 1.01
equal Tech Mahindra Technology 23.79 1.86 0.23 0.99
down Gland Pharma Healthcare 48.23 0.98 0.00 0.98
down Computer Age Management Services Financial 50.10 0.97 0.00 0.97
equal HCL Technologies Technology 20.24 2.00 0.61 0.96
up Tata Steel Metals -- 1.29 0.00 0.96

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-Dec-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
-0.43%

Change from previous, NAV as on 22-Jan-2021

Growth: ₹ 64.6600

Dividend: ₹ 21.8300

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: 25-Apr-2000
Return Since Launch: 9.41%
Benchmark: CRISIL Hybrid 50+50 Moderate TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 2,596 Cr (As on 31-Dec-2020)
Expense: 2.10% (As on 31-Dec-2020)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 241.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend24-Dec-20200.1200

 25-Nov-20200.1200
 23-Oct-20200.1100
 25-Sep-20200.1100
 25-Aug-20200.1100
 24-Jul-20200.1100
 25-Jun-20200.1000
 26-May-20200.0900
 24-Apr-20200.1000
 26-Mar-20200.0792
 25-Feb-20200.1008
 24-Jan-20200.1008
 26-Dec-20190.0936
 25-Nov-20190.0936
 25-Oct-20190.0936
 25-Sep-20190.0936
 23-Aug-20190.0936
 25-Jul-20190.0936
 25-Jun-20190.0936
 24-May-20190.1151
 25-Apr-20190.1328
 25-Mar-20190.1328
 25-Feb-20190.1080
 25-Jan-20190.1080
 26-Dec-20180.1080

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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