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3 star

Aditya Birla Sun Life Balanced Advantage Fund

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Hybrid: Dynamic Asset Allocation

1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.78 Lakh

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -3.07 -0.30 0.69 4.57 11.74 -3.73 1.87 3.14 7.57 10.39 8.13
VR Balanced TRI -8.40 -0.32 1.38 5.53 15.46 -8.98 -3.15 5.04 6.69 9.96 8.37
Hybrid: Dynamic Asset Allocation -2.02 -0.14 0.97 3.85 9.91 -3.06 2.34 3.39 5.54 9.75 8.10
Rank within category 17 21 19 5 8 17 16 8 1 -- --
Number of funds in category 23 25 25 25 25 24 22 14 12 7 6

As on 10-Jul-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 1.87 3.14 7.57 2.09 2,374
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
 Dec-06 1.74 5.05 7.04 1.71 25,409
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
5 star
 Feb-14 6.51 5.28 7.06 2.19 1,337
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
 Aug-09 8.09 6.04 5.91 2.15 1,336
Motilal Oswal Dynamic Fund - Regular Plan  | Invest Online
4 star
 Sep-16 7.73 5.21 -- 2.24 1,111

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 3.38 12.98 -0.15 -0.15 0.70 -2.35
VR Balanced TRI 5.91 17.27 0.04 0.04 -- --
Hybrid: Dynamic Asset Allocation 3.42 11.94 -0.17 -0.16 0.63 -2.27
Rank within category 10 10 10 10 10 10
Number of funds in category 16 16 16 16 16 16

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 74
Top 10 Holdings (%) 32.48
Top 5 Holdings (%) 20.46
Top 3 Sectors (%) 38.81
Portfolio P/B Ratio 2.50
Portfolio P/E Ratio 19.09

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 2.23
equal 6.88% REC 20/03/2025 Debenture AAA 0.00 - 2.15 2.15
equal 8.56% REC 29/11/2028 Debenture AAA 0.94 - 1.24 1.15
equal 6.90% REC 30/06/2022 Debenture AAA 0.00 - 1.10 1.08
equal 7.85% Bhopal Dhule Transmission 2022 Debenture AAA 0.96 - 1.58 0.96
equal 7.75% MRPL 29/01/2030 Non Convertible Debenture AAA 0.00 - 0.90 0.88
equal 8.40% JSW Energy 18/09/2020 Non Convertible Debenture AA- 0.00 - 0.92 0.85
equal 9.51% Jharkand Road Projects Implementation 20/01/2024 Debenture C 0.00 - 0.76 0.54
equal 8.55% REC 2028 Debenture AAA 0.37 - 0.49 0.46
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 0.20 - 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
down HDFC Bank Financial 21.67 9.29 4.82 6.09
down Reliance Industries Energy 33.24 3.80 0.00 3.80
up Bharti Airtel Communication -- 3.76 0.00 3.76
down ICICI Bank Financial 24.19 5.79 1.78 3.70
equal Infosys Technology 20.49 5.33 2.04 3.10
down Hindustan Unilever FMCG 78.87 2.98 0.00 2.72
up Kotak Mahindra Bank Financial 30.70 2.53 0.00 2.43
down NTPC Energy 13.36 2.70 0.37 2.33
up ITC FMCG 15.89 6.35 1.50 2.31
down HDFC Financial 14.98 4.45 0.32 2.22
equal Tata Consultancy Services Technology 26.76 2.21 0.00 1.75
up Axis Bank Financial 66.70 2.88 0.00 1.63
down Coal India Energy 4.83 2.84 0.00 1.57
down Power Grid Corporation Energy 9.47 3.01 0.00 1.55
down ACC Construction 18.24 1.59 0.00 1.49
down Ultratech Cement Construction 18.86 1.67 0.00 1.44
equal Sun Pharmaceutical Inds. Healthcare 31.78 1.37 0.00 1.32
up Tech Mahindra Technology 14.18 1.58 0.23 1.27
equal Exide Industries Engineering 17.07 1.38 0.00 1.22
down Sanofi India Healthcare 43.20 1.55 0.43 1.18
equal Godrej Consumer Products FMCG 47.35 1.10 0.00 1.10
equal Larsen & Toubro Construction 13.77 3.33 0.00 1.04
equal Marico FMCG 43.84 1.03 0.00 1.02
equal United Spirits FMCG 69.62 1.02 0.00 0.98
down Bajaj Finance Financial 37.16 1.96 0.00 0.95

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-Jun-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
-0.30%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 53.9500

Dividend: ₹ 18.8500

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: 8.69%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,374 Cr (As on 30-Jun-2020)
Expense: 2.09% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Average
Turnover: 301.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-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
 24-Aug-20180.1417
 25-Jul-20180.1417
 25-Jun-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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