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Aditya Birla Sun Life Balanced Advantage Fund download report

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Hybrid: Dynamic Asset Allocation

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1 Lakh

Investment Grown to
₹ 1.29 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.11 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
Aditya Birla SL Balanced Advantage-G -4.49 0.48 1.68 -1.32 -3.12 -3.68 -0.33 8.96 7.43 9.38 11.04
VR Balanced TRI -7.11 0.74 2.76 -2.53 -6.36 -5.84 1.19 10.43 11.03 10.13 12.13
Hybrid: Dynamic Asset Allocation -4.85 0.52 1.95 -1.30 -3.38 -4.06 0.97 8.69 7.02 7.64 10.73
Rank within category 13 17 21 15 12 12 18 11 6 2 --
Number of funds in category 28 29 29 29 29 28 25 21 13 11 6

As on 27-Jun-2022

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 -0.33 8.96 7.43 1.86% 6,721
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
 Dec-06 5.17 10.52 9.56 1.62% 40,146
ICICI Prudential Asset Allocator (FOF) Fund  | Invest Now
4 star
 Dec-03 5.32 11.47 10.31 1.37% 15,824
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
 Aug-18 0.93 9.23 -- 1.72% 13,667
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
 Aug-09 0.69 12.16 10.08 1.82% 8,046

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
Aditya Birla SL Balanced Advantage-G 10.35 14.24 0.48 0.54 0.76 -0.24
VR Balanced TRI 12.85 17.98 0.52 0.62 -- --
Hybrid: Dynamic Asset Allocation 9.65 12.46 0.50 0.60 0.63 0.27
Rank within category 10 20 11 10 20 12
Number of funds in category 21 21 21 21 21 21

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

As on 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 107
Top 10 Holdings (%) 37.36
Top 5 Holdings (%) 26.30
Top 3 Sectors (%) 27.54
Portfolio P/B Ratio 2.76
Portfolio P/E Ratio 16.64
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 -- 6.90 - 8.99 7.72
equal Panatone Finvest 364-D 30/08/2022 Commercial Paper A1+ 0.00 - 2.69 2.05
equal 5.85% ICICI Home Finance Company 2024 Bonds/NCDs AAA 0.00 - 1.63 1.60
new 5.42% HDB Financial Services 17/01/2024 Debenture AAA 0.00 - 1.45 1.45
equal 7.95% HDFC Bank 21/09/2026 Bonds/Debentures AAA 0.00 - 1.67 1.28
equal 5.14% M&M Financial Services 23/01/2023 Floating Rate Debenture AAA 0.00 - 1.55 1.03
equal 5.90% Bharti Hexacom 30/04/2024 Debenture AA+ 0.00 - 1.15 0.92
equal Vedanta 89-D 20/07/2022 Commercial Paper A1+ 0.00 - 0.89 0.89
equal 5.45% Cholamandalam Investment & Finance Company 25/11/2022 Non Convertible Debenture AA+ 0.74 - 1.26 0.74
equal 5.10% Bharti Telecom 20/10/2022 Debenture AA+ 0.00 - 0.82 0.74
equal 5.48% Cholamandalam Investment & Finance Company 30/12/2022 Debenture AA+ 0.74 - 1.26 0.74
new 5.74% Kotak Mahindra Prime 22/10/2024 Debenture AAA 0.00 - 0.72 0.72
new 5.40% Kotak Mahindra Prime 20/09/2024 Debenture AAA 0.00 - 0.72 0.72
equal 6.50% National Bank Agr. Rur. Devp 17/04/2023 Debenture AAA 0.00 - 0.70 0.67
equal 6.93% Manappuram Finance 28/01/2024 Non Convertible Debenture AA 0.00 - 0.54 0.51
equal 6.93% Manappuram Finance 28/02/2024 Debenture AA 0.00 - 0.54 0.51
equal 6.59% Summit Digitel Infrastructure 16/06/2026 Debenture AAA 0.00 - 0.64 0.50
equal 6.88% REC 20/03/2025 Debenture AAA 0.44 - 0.78 0.44
equal 7.10% Muthoot Finance 20/06/2024 Non Convertible Debenture AA+ 0.00 - 0.61 0.44
equal 5.85% Bharti Telecom 20/10/2023 Debenture AA+ 0.00 - 0.49 0.44
equal 8.56% REC 29/11/2028 Debenture AAA 0.39 - 0.69 0.39
equal 8.55% L&T Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 0.58 0.38
equal 5.58% Cholamandalam Investment & Finance Company 20/09/2023 Debenture AA+ 0.00 - 0.46 0.37
equal 5.85% Tata Capital Financial Services 2024 Debenture AAA 0.00 - 0.90 0.29
equal 8.48% L&T Housing Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 0.35 0.23

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 Reliance Industries Energy 27.77 6.52 0.02 6.37
up HDFC Bank Financial 19.80 9.29 3.48 5.18
up ICICI Bank Financial 19.87 5.79 2.66 3.98
down ITC Consumer Staples 21.81 4.39 1.50 3.05
up Infosys Technology 28.06 4.51 1.64 2.68
equal Adani Ports and Special Economic Zone Services 30.70 2.71 0.00 2.10
equal Tata Steel Metals & Mining 2.64 4.86 0.00 2.10
equal HDFC Financial 17.63 3.91 0.46 2.09
equal State Bank of India Financial 11.64 3.52 0.00 2.08
equal Bajaj Finance Financial 48.52 2.46 0.41 2.06
up Kotak Mahindra Bank Financial 27.76 2.53 1.13 1.46
down Axis Bank Financial 13.86 2.88 1.16 1.45
up Larsen & Toubro Construction 24.89 3.33 0.00 1.29
up Tata Consultancy Services Technology 31.63 2.20 0.34 1.18
equal HCL Technologies Technology 19.94 2.00 0.61 1.09
equal Hero Motocorp Automobile 23.78 2.04 0.00 0.86
equal Indusind Bank Financial 13.30 1.62 0.01 0.86
up Tata Motors Automobile -- 1.04 0.00 0.85
equal GMR Infrastructure Construction -- 1.46 0.00 0.84
up Hindalco Inds. Metals & Mining 5.40 0.97 0.00 0.84
down Bharti Airtel Communication 94.72 3.76 0.81 0.81
up Bharat Petroleum Corporation Energy 5.85 1.23 0.00 0.77
equal Tech Mahindra Technology 17.60 1.86 0.53 0.77
equal Coal India Materials 6.46 2.45 0.36 0.75
up Maruti Suzuki India Automobile 65.67 1.39 0.00 0.74

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-May-2022

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:

— Vishal Gajwani since 01-Apr-2022

Education: Mr. Gajwani is CA and CFA (US)

Experience: Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Nippon India Mutual Fund.

Funds Managed:

Invest Online
0.48%

Change from previous, NAV as on 27-Jun-2022

Growth: ₹ 69.5500

IDCW: ₹ 21.6700

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

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 7 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 25-Apr-2000
Return Since Launch: 9.14%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: High
Type: Open-ended
Assets: ₹ 6,721 Cr (As on 31-May-2022)
Expense: 1.86% (As on 31-May-2022)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 358.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-May-20220.1100

 25-Apr-20220.1140
 25-Mar-20220.1130
 25-Feb-20220.1150
 25-Jan-20220.1180
 27-Dec-20210.1140
 25-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

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

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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