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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
₹ 1.42 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.54 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: 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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(₹)
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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 13.10 -0.30 0.33 -1.80 -0.18 5.26 16.29 12.31 10.58 9.96 11.65
VR Balanced TRI 21.24 -1.03 0.87 -3.01 -0.30 9.26 27.94 16.15 15.71 11.12 13.23
Hybrid: Dynamic Asset Allocation 14.58 -0.31 0.33 -1.28 0.72 6.61 17.94 11.25 9.71 8.37 11.49
Rank within category 16 15 17 24 20 17 15 7 5 3 --
Number of funds in category 25 29 29 28 26 26 25 18 12 10 6

As on 03-Dec-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 16.29 12.31 10.58 1.84% 6,124
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
 Dec-06 17.56 12.73 11.54 1.69% 36,816
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
 Aug-18 15.73 13.00 -- 1.78% 11,813
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
 Aug-09 22.64 15.99 14.34 1.82% 6,331
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
4 star
 Feb-14 10.94 10.39 9.02 1.97% 4,516

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 12.56 14.34 0.61 0.68 0.77 -0.85
VR Balanced TRI 16.35 17.90 0.70 0.83 -- --
Hybrid: Dynamic Asset Allocation 11.45 12.25 0.62 0.69 0.62 -0.19
Rank within category 8 18 12 9 18 14
Number of funds in category 19 19 19 19 19 19

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 91
Top 10 Holdings (%) 33.82
Top 5 Holdings (%) 21.99
Top 3 Sectors (%) 23.17
Portfolio P/B Ratio 3.11
Portfolio P/E Ratio 21.42
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 7.49
equal Panatone Finvest 364-D 30/08/2022 Commercial Paper A1+ 0.00 - 2.69 2.20
equal 7.95% HDFC Bank 21/09/2026 Bonds/Debentures AAA 0.00 - 1.67 1.49
equal 8.45% Tata Capital Financial Services 26/08/2022 Debenture AAA 0.00 - 1.45 1.18
equal 5.14% M&M Financial Services 23/01/2023 Floating Rate Debenture AAA 0.00 - 1.55 1.14
equal 5.90% Bharti Hexacom 30/04/2024 Debenture AA+ 0.00 - 1.15 1.03
equal 8.45% Power Finance Corporation 2022 Non Convertible Debenture AAA 0.84 - 2.12 0.84
equal 7.03% LIC Housing Fin. 28/12/2021 Non Convertible Debenture AAA 0.82 - 2.04 0.82
equal 4.95% HDFC 2022 Non Convertible Debenture AAA 0.00 - 0.92 0.82
equal 5.48% Cholamandalam Investment & Finance Company 30/12/2022 Debenture AA+ 0.00 - 1.26 0.82
equal 5.45% Cholamandalam Investment & Finance Company 25/11/2022 Non Convertible Debenture AA+ 0.00 - 1.26 0.82
new 5.10% Bharti Telecom 20/10/2022 Debenture AA+ 0.00 - 0.82 0.82
equal 5.85% Tata Capital Financial Services 2024 Debenture AAA 0.00 - 0.90 0.73
equal 6.59% Summit Digitel Infrastructure 16/06/2026 Debenture AAA 0.00 - 0.64 0.56
equal 6.00% Zee Entertainment 2022 Preference Shares -- 0.10 - 0.85 0.55
equal 6.88% REC 20/03/2025 Debenture AAA 0.51 - 2.07 0.51
new Vedanta 91-D 21/01/2022 Commercial Paper A1+ 0.00 - 0.50 0.50
equal 7.10% Muthoot Finance 20/06/2024 Non Convertible Debenture AA+ 0.00 - 0.61 0.50
new 5.85% Bharti Telecom 20/10/2023 Debenture AA+ 0.00 - 0.49 0.49
equal 8.56% REC 29/11/2028 Debenture AAA 0.45 - 1.11 0.45
equal 8.55% L&T Infrastructre Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 0.58 0.42
equal 6.90% REC 30/06/2022 Debenture AAA 0.42 - 1.03 0.42
equal 5.58% Cholamandalam Investment & Finance Company 20/09/2023 Debenture AA+ 0.00 - 0.46 0.41
equal 7.85% Bhopal Dhule Transmission 2022 Debenture AAA 0.37 - 0.91 0.37
equal 8.48% L&T Housing Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 0.35 0.25

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 23.44 5.79 1.98 4.15
up HDFC Bank Financial 24.50 9.29 3.48 3.88
up Reliance Industries Energy 31.17 5.03 0.02 3.37
up State Bank of India Financial 14.74 3.11 0.00 3.11
equal Tata Steel Metals 4.38 4.86 0.00 3.00
up Bharti Airtel Communication 139.49 3.76 0.85 2.34
equal HDFC Financial 24.08 4.35 0.46 2.15
up Adani Ports and Special Economic Zone Services 29.48 2.71 0.00 2.13
up ITC FMCG 19.14 6.17 1.50 2.09
up Axis Bank Financial 20.63 2.88 1.16 1.88
equal Bajaj Finance Financial 85.76 2.07 0.41 1.66
equal Infosys Technology 34.93 4.51 1.64 1.64
equal Kotak Mahindra Bank Financial 38.01 2.53 1.24 1.62
up Sun Pharmaceutical Industries Healthcare 29.00 2.00 0.00 1.60
up Larsen & Toubro Construction 28.92 3.33 0.00 1.49
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 1.37
up Tata Consultancy Services Technology 36.81 2.20 0.34 1.18
up Indusind Bank Financial 18.79 1.62 0.00 1.15
up Tech Mahindra Technology 30.54 1.86 0.53 1.06
up Tata Motors Automobile -- 1.29 0.00 0.96
equal GMR Infrastructure Construction -- 1.46 0.00 0.87
equal Bajaj Finserv Financial 65.91 1.91 0.00 0.87
up Hindalco Inds. Metals 9.54 1.08 0.00 0.83
up Ultratech Cement Construction 33.27 1.67 0.00 0.82
down HCL Technologies Technology 27.55 2.00 0.61 0.77

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-Oct-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:

Invest Online
-0.30%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 72.6200

IDCW: ₹ 23.3200

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: 25-Apr-2000
Return Since Launch: 9.60%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: High
Type: Open-ended
Assets: ₹ 6,124 Cr (As on 31-Oct-2021)
Expense: 1.84% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 388.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Nov-20210.1190

 25-Oct-20210.1210
 27-Sep-20210.1190
 25-Aug-20210.1200
 23-Jul-20210.1200
 25-Jun-20210.1200
 25-May-20210.1100
 23-Apr-20210.1100
 25-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

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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