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Aditya Birla Sun Life Balanced Advantage Fund

Aditya Birla Sun Life Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

11.04

as on 07 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,691 today.

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NAV Performance

Aditya Birla Sun Life Balanced Advantage Fund performance graph for last 3 years
Performance of Aditya Birla Sun Life Balanced Advantage Fund for last 3 Years

Fund Information

  • ₹ 86.190

    as on 07 Dec 2023
  • Regular - Growth

  • 7 / 22

  • ₹ 100

  • ₹ 6,357 Cr.

    as on 31 May 2023
  • 0.42%

  • 23 May 2000

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • Nifty 50

  • Aditya Birla Sun Life Mutual Fund

    Show All Funds

Highlights of this fund

Aditya Birla Sun Life Balanced Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 23 May 2000. This fund is offered by one of the top AMC (Assets Management Company) Aditya Birla Sun Life Mutual Fund. You can also view here all other Hybrid funds offered by Aditya Birla Sun Life Mutual Fund.

Latest NAV of the fund is ₹ 86.190 as on 07 Dec 2023.

This fund has 23 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.42%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 100.

Fund Objective

The primary objective of the Scheme is to generate long term growth of capital and income distribution with relatively lower Investment Objective volatility by investing in a dynamically balanced portfolio of Equity & Equity linked investments and fixed-income securities.

List of Fund Managers of Aditya Birla Sun Life Balanced Advantage Fund

  • About Lovelish Solanki

    Picture of Lovelish SolankiLovelish comes with an experience of over a decade in fund management and research, both in Equity and Debt. He was fromerly associated with Union KBC Asset Management Co Limited for 4 years, as a trader for the Equity and FNO Segment, while also managing the Options part of Capital protection Funds and other Close ended Schemes. Prior to Union KBC Asset Management Co Limited, he was also associated with Edelweiss Asset Management Co. Ltd for 3 years, where he was responsible for the execution and management of Arbitrage Funds.Lovelish has a Master’s degree in Management Studies from Mumbai University with a specialisation in Finance. He is also a level 1 certified Chartered Market Technician (CMT) – 2012.
  • About Mohit Sharma

    Picture of Mohit SharmaMohit Sharma is a Fund Manager with Aditya Birla Sun Life AMC Limited (ABSLAMC). With a total experience of over 13 years Mohit has been part of ABSLAMC for the last 3 years. His prior experience includes stints at Standard Chartered Bank, ICICI Bank, Irevna Limited (Subsidiary of CRISIL) and as an entrepreneur. Mohit did his Management Studies from IIM Calcutta (2005) and Engineering studies from IIT Madras (2003).
  • About Vishal Gajwani

    Picture of Vishal GajwaniMr. Gajwani is CA and CFA (US) Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Nippon India Mutual Fund.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 7.85% 8.99% 21.06% 26.00% 22.65% 24.98% 17.90% 16.31% 37.65% 28.09% 24.37% 22.57% 16.45%
Category Average 4.27% 4.31% 10.09% 14.41% 10.08% 11.37% 10.95% 12.12% 21.47% 14.91% 12.25% 12.49% 11.10%
Aditya Birla Sun Life Balanced Advantage Fund 4.06%₹ 10,405 3.20%₹ 10,319 8.56%₹ 10,856 12.26%₹ 11,225 17.63%₹ 13,114 9.00%₹ 11,881 13.21%₹ 27,378 11.04%₹ 13,691 11.05%₹ 42,486 11.19%₹ 17,000 12.23%₹ 81,561 - -
HDFC Balanced Advantage Fund 7.85%₹ 10,784 8.99%₹ 10,898 20.45%₹ 12,045 26.00%₹ 12,600 37.65%₹ 14,321 22.65%₹ 15,041 28.09%₹ 31,371 24.98%₹ 19,521 24.37%₹ 51,282 17.90%₹ 22,792 22.57%₹ 1,05,050 16.31%₹ 45,348 16.45%₹ 2,84,372
ICICI Prudential Balanced Advantage Fund 4.04%₹ 10,404 4.88%₹ 10,487 10.09%₹ 11,008 14.04%₹ 11,403 19.48%₹ 13,228 11.40%₹ 12,410 14.63%₹ 27,751 13.00%₹ 14,430 12.89%₹ 43,634 12.40%₹ 17,943 13.53%₹ 84,236 12.38%₹ 32,171 11.63%₹ 2,19,691
Edelweiss Balanced Advantage Fund 5.16%₹ 10,516 4.67%₹ 10,466 10.08%₹ 11,008 13.74%₹ 11,374 20.86%₹ 13,313 9.20%₹ 11,925 14.29%₹ 27,660 12.94%₹ 14,406 12.03%₹ 43,095 13.46%₹ 18,806 14.03%₹ 85,270 12.12%₹ 31,408 11.81%₹ 2,21,885
Kotak Balance Advantage Fund 3.98%₹ 10,398 3.71%₹ 10,370 8.07%₹ 10,807 12.97%₹ 11,296 17.05%₹ 13,078 8.92%₹ 11,863 12.93%₹ 27,304 10.81%₹ 13,605 10.92%₹ 42,403 11.48%₹ 17,223 11.82%₹ 80,742 - -
Union Balanced Advantage Fund 5.02%₹ 10,502 4.77%₹ 10,477 8.78%₹ 10,877 12.23%₹ 11,222 17.61%₹ 13,113 7.84%₹ 11,628 12.16%₹ 27,105 9.02%₹ 12,957 9.76%₹ 41,692 11.36%₹ 17,127 11.40%₹ 79,898 - -

Portfolio Holdings

Portfolio holdings pattern of Aditya Birla Sun Life Balanced Advantage Fund as on 08 Dec 2023 are listed below:

  • Equity Holdings:

    71.17%
  • Debt Holdings:

    21.09%
  • Others Holdings:

    7.76%

Top Sector Holdings of Aditya Birla Sun Life Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 15.19% ₹ 975.95 Cr.
Refineries/Marketing 6.55% ₹ 421.07 Cr.
Computers - Software 4.86% ₹ 312.24 Cr.
Housing Finance 4.46% ₹ 286.67 Cr.
Pharmaceuticals 3.03% ₹ 194.91 Cr.
Others 65.91% -

Top Stock Holdings of Aditya Birla Sun Life Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
Reliance Industries Ltd. 5.94% ₹ 381.97 Cr.
ICICI Bank Ltd. 5.37% ₹ 345.28 Cr.
Housing Development Finance Corporation Ltd. 4.46% ₹ 286.67 Cr.
Infosys Ltd. 2.51% ₹ 161.32 Cr.
Axis Bank Ltd. 2.31% ₹ 148.76 Cr.
Others 79.41% -

Top Debt Instrument Type holdings of Aditya Birla Sun Life Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 19.60% ₹ 1,259.84 Cr.
GOI 0.75% ₹ 48.49 Cr.
CP 0.74% ₹ 47.62 Cr.
Others 78.91% -

Top Debt Holdings of Aditya Birla Sun Life Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Bharti Telecom Ltd. 4.74% ₹ 304.89 Cr.
Bond - Muthoot Finance Pvt. Ltd. 2.48% ₹ 159.86 Cr.
Bond - HDFC Bank Ltd. 1.81% ₹ 116.32 Cr.
Bond - Kotak Mahindra Prime Ltd. 1.52% ₹ 97.27 Cr.
Bond - National Bank for Agriculture & Rural Development 1.09% ₹ 70.17 Cr.
Others 88.36%

Other Holdings

Holding TypeHolding Percentage
MF Units 6.40%
TREPS 0.63%
Net Receivables 0.30%
InvITs 0.30%
Margin 0.13%