Fund Performance
Lumpsum
SIP
11.04
as on 07 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,691 today.
NAV Performance
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
-
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
Lovelish 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
Mohit 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
Mr. 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
Top Sector Holdings of Aditya Birla Sun Life Balanced Advantage Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage | Holding 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 Instrument | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| MF Units | 6.40% |
| TREPS | 0.63% |
| Net Receivables | 0.30% |
| InvITs | 0.30% |
| Margin | 0.13% |