Aditya Birla Sun Life Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
13.02%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 May 2024₹106.10
Min. SIP amount₹100
Rating3
Fund size₹7,191.86Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns23.1%13.0%13.4%12.6%
Category average25.6%12.7%12.1%NA
Rank with in category22169NA
Understand terms

Holdings (194)

NameSectorInstrumentAssets
FinancialEquity6.16%
EnergyEquity4.84%
FinancialEquity4.04%
SovereignGOI Sec3.18%
TechnologyEquity2.63%
SovereignGOI Sec2.23%
ConstructionEquity2.01%
Tata Capital Ltd.
FinancialNCD1.99%
Consumer StaplesEquity1.99%
FinancialEquity1.94%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Cons

3Y, 5Y and 10Y annualised returns higher than category average
1Y annualised returns lower than category average by 2.48%
Higher alpha: 2.39 The fund has generated returns higher than benchmark - CRISIL Hybrid 50+50 Moderate Index - in the last 3Y
Lower expense ratio: 0.64%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.64%

Inclusive of GST

Exit load

0.25% for redemption within 7 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Mohit Sharma
Apr 2017 - Present
View details

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).
Also manages these schemes

Vishal Gajwani
Apr 2022 - Present
View details

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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One World Center, Tower 1, 17th Floor, Jupiter Mill CompoundSenapati Bapat Marg, Elphinstone Road Mumbai 400013
Phone
NA
Launch Date
23 Dec 1994
Aditya Birla Sun Life Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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