Aditya Birla Sun Life Balanced Advantage Fund Direct Dividend+1.73%

3
2.49%
1 Year Return
Hybrid
Balanced Advantage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Aditya Birla Sun Life Balanced Advantage Fund Direct Dividend

RiskModerately High
Min SIP Amount₹100
Expense Ratio0.99%
NAV20.06 (25 Sep 2020)
Fund Started01 Jan 2013
Fund Size2,414 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Aditya Birla Sun Life Balanced Advantage Fund Direct Dividend
2.5%
4.3%
9.1%
10.2%
Category Average
9.1%
4.4%
6.7%
-
Rank within category
12
9
1
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 2.5% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    1. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity6.1%
    ICICI Bank Ltd.FinancialEquity5.1%
    Reliance Industries Ltd.EnergyEquity4.6%
    Infosys Ltd.TechnologyEquity3.9%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.6%
    Bharti Airtel Ltd.CommunicationEquity3.1%
    HDB Financial Services Ltd.FinancialBonds/NCD2.9%
    Kotak Mahindra Bank Ltd.FinancialEquity2.4%
    National Thermal Power Corp. Ltd.EnergyEquity2.3%
    ITC Ltd.FMCGEquity2.2%
    See All

    Fund Managers

    addVineet Maloo
    Education
    Mr. Maloo is a Chartered Accountant.
    Experience
    Prior to joining Birla Sun Life AMC he has worked with Hindalco.
    Funds Managed
    addMohit Sharma
    Education
    Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).
    Experience
    He has around 10 years of experience of which 7 years is in financial markets. He joined Birla Sun AMC in October 2015. Prior to joining Birla 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

    Aditya Birla Sun Life Balanced Advantage Fund Direct Dividend Details

    Aditya Birla Sun Life Balanced Advantage Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Vineet Maloo, Mohit Sharma is the Current Fund Manager of Aditya Birla Sun Life Balanced Advantage Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,414 Cr and the Latest NAV as of 25 Sep 2020 is ₹20.06.

    The Aditya Birla Sun Life Balanced Advantage Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. Exit load of 1% if units in excess of 15% are redeemed or switched-out within 1 year

    Investment Objective

    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.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹100
    Min for First Investment
    ₹100
    Min for Second Investment
    Exit load of 1% if units in excess of 15% are redeemed or switched-out within 1 year
    Exit Load

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    About Aditya Birla Sun Life Mutual Fund

    Address
    One India Bulls Centre ,Tower 1, 17th Flr, Jupiter Mill Compound,841,S.B. Marg,Elphinstone Road Mumbai 400 013
    Phone
    022 43568000
    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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