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4 star

Aditya Birla Sun Life Balanced Advantage Fund


1 Lakh

Investment Grown to
₹ 1.30 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.40 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 2.20 0.29 -0.67 -0.44 1.08 16.02 36.48 9.09 11.20 11.80 9.81
VR Balanced TRI 4.08 0.19 -1.29 -1.56 1.27 20.89 52.11 11.95 13.29 12.26 10.40
Hybrid: Dynamic Asset Allocation 2.83 0.22 -0.76 -0.75 1.11 12.79 29.58 6.97 8.68 9.56 9.71
Rank within category 14 6 11 13 13 5 5 4 2 -- --
Number of funds in category 25 26 26 26 25 25 25 15 12 8 6

As on 16-Apr-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 36.48 9.09 11.20 2.08 3,181
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 38.13 9.45 11.12 1.76 30,284
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 36.38 11.70 11.45 1.93 3,315
Nippon India Balanced Advantage Fund  | Invest Online
4 star
Nov-04 33.35 8.43 11.47 2.16 3,251
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
4 star
Feb-14 25.07 8.88 9.13 1.99 3,205

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 10.26 14.47 0.40 0.47 0.76 -1.72
VR Balanced TRI 14.30 18.13 0.54 0.62 -- --
Hybrid: Dynamic Asset Allocation 8.41 12.35 0.31 0.36 0.63 -2.21
Rank within category 6 16 7 4 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-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 74
Top 10 Holdings (%) 34.72
Top 5 Holdings (%) 22.17
Top 3 Sectors (%) 22.34
Portfolio P/B Ratio 2.84
Portfolio P/E Ratio 26.64
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 7.92
equal 8.45% Power Finance Corp. 2022 Non Convertible Debenture AAA 1.65 - 2.27 1.65
equal 6.88% REC 20/03/2025 Debenture AAA 1.61 - 2.21 1.61
equal 7.03% LIC Housing Fin. 28/12/2021 Non Convertible Debenture AAA 0.00 - 2.04 1.60
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 2.04 1.60
equal 8.52% M&M Financial Services 28/05/2021 Bonds/NCDs AAA 0.00 - 1.82 1.42
equal HDB Financial Services 29/10/2021 Bonds/NCDs AAA 0.00 - 2.91 1.25
equal 8.56% REC 29/11/2028 Debenture AAA 0.87 - 1.18 0.87
up 6.00% Zee Entertainment 2022 Preference Shares -- 0.09 - 0.85 0.85
equal 6.90% REC 30/06/2022 Debenture AAA 0.81 - 1.10 0.81
equal 7.85% Bhopal Dhule Transmission 2022 Debenture AAA 0.71 - 1.46 0.71
equal 7.75% MRPL 29/01/2030 Non Convertible Debenture AAA 0.66 - 0.91 0.66
equal 8.55% REC 2028 Debenture AAA 0.34 - 0.47 0.34
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture D 0.00 - 0.39 0.29
equal LIC Housing Fin. 25/02/2022 Debenture AAA 0.20 - 0.27 0.20
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture C 0.10 - 0.54 0.10
equal 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 -- - 10.94

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 Infosys Technology 29.78 4.51 2.21 4.10
down HDFC Bank Financial 25.67 9.29 3.55 3.55
up Tata Steel Metals -- 3.35 0.00 3.35
equal HDFC Financial 26.52 4.35 0.46 3.25
up ICICI Bank Financial 26.57 5.79 1.78 3.21
up Bharti Airtel Communication -- 3.76 0.85 2.71
equal NTPC Energy 13.22 3.12 0.37 2.42
up ITC FMCG 19.30 6.35 1.50 2.21
equal Axis Bank Financial 68.55 2.88 0.60 2.00
equal Tata Consultancy Services Technology 36.95 2.21 0.04 1.85
equal State Bank of India Financial 13.08 2.19 0.00 1.84
equal Sun Pharmaceutical Inds. Healthcare 64.33 2.00 0.00 1.80
equal Kotak Mahindra Bank Financial 37.60 2.53 1.03 1.59
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 1.51
up Bajaj Finance Financial 69.18 1.96 0.36 1.30
up Mahindra & Mahindra Automobile -- 1.18 0.00 1.16
equal Hindustan Unilever FMCG 78.81 2.98 0.00 1.09
equal BPCL Energy 22.36 1.23 0.00 1.05
up Larsen & Toubro Construction 16.63 3.33 0.00 1.05
up HCL Technologies Technology 20.79 2.00 0.61 1.05
equal GMR Infrastructure Construction -- 1.21 0.00 1.02
equal Bajaj Finserv Financial 42.41 1.91 0.00 0.99
up HDFC Life Insurance Financial 103.17 1.39 0.00 0.90
up Tech Mahindra Technology 23.58 1.86 0.24 0.90
equal Emami FMCG 61.89 1.35 0.00 0.88

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-Mar-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:


0.29%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 65.6200

IDCW: ₹ 21.9500


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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 25-Apr-2000
Return Since Launch: 9.38%
Benchmark: CRISIL Hybrid 50+50 Moderate TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 3,181 Cr (As on 31-Mar-2021)
Expense: 2.08% (As on 31-Mar-2021)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 257.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Mar-20210.0800

 26-Feb-20210.0700
 25-Jan-20210.0600
 24-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

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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