Aditya Birla Sun Life Balanced Advantage Fund Direct IDCW

Hybrid
Dynamic Asset Allocation
Very High Risk
Payout
16.14%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Sep 2023₹26.47
Min. SIP amount₹100
Rating3
Fund size₹6,794.72Cr

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 returns14.4%16.1%11.9%11.9%
Category average13.2%13.9%10.1%NA
Rank with in category1256NA
Understand terms

Holdings (130)

NameSectorInstrumentAssets
FinancialEquity7.2%
FinancialEquity4.7%
EnergyEquity3.4%
TechnologyEquity2.6%
Aditya Birla Sun Life Money Manager Fund Direct-Growth
NAMutual Fund2.3%
Tata Capital Ltd.
FinancialNCD2.2%
Aditya Birla Sun Life Liquid Fund Direct-Growth
NAMutual Fund2.0%
Consumer StaplesEquity1.9%
Aditya Birla Sun Life Floating Rate Direct Fund-Growth
NAMutual Fund1.8%
FinancialEquity1.8%
See All

Expense ratio, exit load and tax

Expense ratio: 0.66%

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

Lovelish Solanki
Oct 2019 - Present
View details

Education
He has done BMS and MMS in finance.
Experience
Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives - Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.
Also manages these schemes

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

Fund house & investment objective

Fund house contact details

Address
One India Bulls Center - Tower 1,17th Floor - Jupiter Mills Compound,841 Senapati Bhawan, Elphinstone Road, Mumbai 400013
Phone
022-43568000 / 1800-270-7000 / 1800-22-7000
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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