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3 star

Aditya Birla Sun Life Balanced Advantage Fund


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.79 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 -2.19 1.72 -3.15 -3.87 3.15 23.70 1.42 3.16 8.03 10.45 7.44
VR Balanced TRI -6.25 1.86 -3.27 -2.93 6.46 33.60 -0.85 5.38 8.14 10.22 7.55
Hybrid: Dynamic Asset Allocation 0.21 1.22 -2.17 -2.08 4.64 20.07 3.57 3.67 6.19 10.05 7.72
Rank within category 19 2 24 24 21 7 17 11 2 -- --
Number of funds in category 23 25 25 25 25 25 23 15 12 7 6

As on 25-Sep-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  | Invest Online
3 star
Apr-00 1.42 3.16 8.03 2.09 2,414
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 2.75 5.44 7.76 1.72 26,638
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
5 star
Feb-14 4.20 5.24 7.08 2.17 1,547
IDFC Dynamic Equity Fund - Regular Plan
4 star
Oct-14 7.42 6.35 6.91 2.32 966
L&T Balanced Advantage Fund  | Invest Online
5 star
Feb-11 9.24 6.90 5.97 2.42 721

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 4.73 13.18 -0.03 -0.03 0.72 -2.10
VR Balanced TRI 7.49 17.40 0.14 0.15 -- --
Hybrid: Dynamic Asset Allocation 4.37 11.86 -0.07 -0.06 0.62 -2.24
Rank within category 9 11 9 9 11 9
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-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 63
Top 10 Holdings (%) 36.19
Top 5 Holdings (%) 23.29
Top 3 Sectors (%) 41.65
Portfolio P/B Ratio 2.52
Portfolio P/E Ratio 21.15
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 HDB Financial Services 29/10/2021 Bonds/NCDs AAA 0.00 - 2.91 2.88
equal 8.45% Power Finance Corp. 2022 Non Convertible Debenture AAA 0.00 - 2.26 2.20
equal 6.88% REC 20/03/2025 Debenture AAA 0.00 - 2.19 2.11
new M&M Financial Services 30/12/2020 Deep Discount Bonds AAA 0.00 - 1.23 1.23
equal 8.56% REC 29/11/2028 Debenture AAA 0.94 - 1.24 1.12
equal 6.90% REC 30/06/2022 Debenture AAA 0.00 - 1.10 1.07
equal 7.85% Bhopal Dhule Transmission 2022 Debenture AAA 0.94 - 1.58 0.94
equal 7.75% MRPL 29/01/2030 Non Convertible Debenture AAA 0.00 - 0.90 0.86
equal 8.40% JSW Energy 18/09/2020 Non Convertible Debenture A+ 0.00 - 0.83 0.83
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture C 0.14 - 0.76 0.71
equal 8.55% REC 2028 Debenture AAA 0.37 - 0.49 0.44
equal 8.83% REC 21/01/2022 Non Convertible Debenture AAA 0.38 - 0.48 0.44
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 20.35 9.29 4.82 6.12
up ICICI Bank Financial 24.61 5.79 1.78 5.12
equal Reliance Industries Energy 35.27 4.60 0.00 4.56
equal Infosys Technology 25.25 4.24 2.04 3.85
up HDFC Financial 13.77 4.35 0.32 3.64
down Bharti Airtel Communication -- 3.76 0.00 3.08
equal Kotak Mahindra Bank Financial 29.73 2.53 0.00 2.41
equal NTPC Energy 15.03 2.70 0.37 2.30
equal ITC FMCG 14.75 6.35 1.50 2.23
up Axis Bank Financial 79.46 2.88 0.00 1.88
equal Tata Consultancy Services Technology 29.15 2.21 0.00 1.87
down Hindustan Unilever FMCG 70.81 2.98 0.00 1.75
equal Tech Mahindra Technology 18.62 1.70 0.23 1.70
equal Coal India Energy 5.22 2.84 0.00 1.56
equal HCL Technologies Technology 19.24 2.00 0.61 1.35
equal Exide Industries Engineering 23.07 1.38 0.00 1.32
down Sun Pharmaceutical Inds. Healthcare 169.58 1.48 0.00 1.28
equal Power Grid Corporation Energy 10.32 3.01 0.00 1.28
equal Sanofi India Healthcare 44.06 1.55 0.43 1.21
equal Metropolis Healthcare Healthcare 91.08 1.75 0.00 1.18
equal Emami FMCG 52.02 1.15 0.00 1.15
down ACC Construction 22.08 1.59 0.00 1.15
equal Cipla Healthcare 37.94 1.11 0.00 1.08
equal Tata Steel Metals -- 1.29 0.00 1.03
equal Larsen & Toubro Construction 15.13 3.33 0.00 1.02

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-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:


1.72%

Change from previous, NAV as on 25-Sep-2020

Growth: ₹ 54.4400

Dividend: ₹ 18.6900


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: 8.65%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,414 Cr (As on 31-Aug-2020)
Expense: 2.09% (As on 31-Aug-2020)
Risk Grade: Above Average
Return Grade: Average
Turnover: 283.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-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
 26-Nov-20180.1328
 25-Oct-20180.1328
 25-Sep-20180.1417

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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