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Aditya Birla Sun Life Balanced Advantage Fund Direct Growth-0.37%

15.99%
1 Year Return
Hybrid
Balanced Advantage
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Aditya Birla Sun Life Balanced Advantage Fund Direct Growth

RiskHigh
Min SIP Amount₹100
Expense Ratio1.00%
NAV₹69.85 (15 Jan 2021)
Fund Started01 Jan 2013
Fund Size2,596 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
16.0%
9.2%
13.5%
11.2%
Category Average
12.4%
6.9%
9.4%
-
Rank Within Category
7
7
1
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 16.0% returns per annum

Comparison

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

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity7.1%
Infosys Ltd.TechnologyEquity3.8%
ICICI Bank Ltd.FinancialEquity3.5%
Housing Development Finance Corpn. Ltd.FinancialEquity3.2%
National Thermal Power Corp. Ltd.EnergyEquity3.1%
ITC Ltd.FMCGEquity2.2%
Power Finance Corpn. Ltd.FinancialNCD2.1%
REC Ltd.FinancialDebenture2.1%
Bharti Airtel Ltd.CommunicationEquity2.1%
LIC Housing Finance Ltd.FinancialNCD2.0%
See All

Fund Managers

Vineet Maloo
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Mohit Sharma
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Aditya Birla Sun Life Balanced Advantage Fund Direct Growth Details

Aditya Birla Sun Life Balanced Advantage Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,596 Cr and the Latest NAV as of 15 Jan 2021 is ₹69.85.

The Aditya Birla Sun Life Balanced Advantage Fund Direct Growth is rated 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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