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Home Mutual FundsHybridDynamic Asset Allocation FundAditya Birla Sun Life Balanced Advantage Fund

Aditya Birla Sun Life Balanced Advantage Fund

The fund details shown here are of the Growth Plan option and belongs to the Hybrid, Dynamic Asset Allocation Fund category.

The NAV for Aditya Birla Sun Life Balanced Advantage Fund Fund is 99.450 as of 19 Nov 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 10.52% annualized return for the last 3 years.

Aditya Birla Sun Life Balanced Advantage Fund has 3 Star Rating at present. The present riskometer shown below is the level of risk in this fund based on guidelines set by SEBI is at Very High risk.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of   ₹    for

Below table shows comparison of Aditya Birla Sun Life Balanced Advantage Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of ₹36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

44,556

8,556

14.31%
Bank FD

39,824

3,824

 6.5%
Gold

40,770

4,770

 8.00%

Fund Information

  • As of 31 Jan 2024, fund size of Aditya Birla Sun Life Balanced Advantage Fund is 7,012.91 Cr.

  • Aditya Birla Sun Life Balanced Advantage Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 1.8%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Aditya Birla Sun Life Balanced Advantage Fund is an Hybrid oriented mutual fund in the - Dynamic Asset Allocation Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for Aditya Birla Sun Life Balanced Advantage Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 25 Apr 2000 as at present it is 25 years old fund.

  • Name of the AMC is Aditya Birla Sun Life Mutual Fund. Click here to know more about Aditya Birla Sun Life Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Aditya Birla Sun Life Balanced Advantage Fund managed by following fund manager(s);

How does the Return Comparison of the Aditya Birla Sun Life Balanced Advantage Fund fare against peer funds in the Dynamic Asset Allocation fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Aditya Birla Sun Life Balanced Advantage Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Hybrid, Dynamic Asset Allocation fund category these peer funds belongs to.

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 4.40% 20.97% 20.97% 23.99% 18.17% 30.19% 15.49% 16.38%
Category Average 1.77% 9.30% 9.92% 11.61% 7.00% 13.81% 9.99% 12.94%
Aditya Birla Sun Life Balanced Advantage Fund -2.98% -1.13% 6.27% 18.92% 14.47% 10.52% 12.50% 10.48%
Baroda BNP Paribas Dynamic Equity Fund -2.92% -1.06% 5.24% 20.17% - - - -
ICICI Prudential Balanced Advantage Fund -2.23% -0.72% 5.54% 17.32% - - - -
Tata Balanced Advantage Fund -2.51% -1.49% 3.51% 16.40% 13.49% 10.52% 12.82% -
HDFC Balanced Advantage Fund -3.27% -2.67% 4.24% 24.97% 23.63% 20.50% 19.72% 14.05%
Kotak Balanced Advantage Fund -2.60% -0.67% 6.21% 17.66% 14.38% 10.34% 11.89% -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Aditya Birla Sun Life Balanced Advantage Fund are shown below;

Equity 47.68%

Debt 27.30%

Others 16.02%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Very High risk