Groww Logo
Home>Mutual Funds>Aditya Birla Sun Life Mutual Fund>Aditya Birla Sun Life Balanced Advantage Fund Direct Growth

Aditya Birla Sun Life Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
High Risk
13.57%
3Y annualised
-0.30% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 03 Dec 2021₹78.99
Min. SIP amount₹100
Rating4
Fund size₹6,123.64Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns17.7%13.6%11.9%12.5%
Category average24.8%9.3%9.1%NA
Rank with in category1575NA
Understand terms

Holdings (111)

NameSectorInstrumentAssets
Aditya Birla Sun Life Liquid Fund Direct-Growth
FinancialMutual Fund7.5%
FinancialEquity4.1%
FinancialEquity3.9%
EnergyEquity3.4%
FinancialEquity3.1%
MetalsEquity3.0%
CommunicationEquity2.3%
Panatone Finvest Ltd
FinancialCP2.2%
FinancialEquity2.1%
ServicesEquity2.1%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

3Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 0.61%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

1Y annualised returns lower than category average by 2.34%

Expense ratio, exit load and tax

Expense ratio: 0.59%

Inclusive of GST

Exit load

Nil

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

Vineet Maloo
Aug 2015 - Present
View details
Lovelish Solanki
Oct 2019 - Present
View details
Mohit Sharma
Apr 2017 - Present
View details

Fund house & investment objective

Fund house contact details

Compare funds

Aditya Birla Sun Life Balanced Advantage Fund Direct Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.0.6
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | NIPPON INDIA  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP  | AXIS  | TATA  | L&T  | SUNDARAM  | PGIM  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | NAVI  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | Quant  | SHRIRAM  | SAHARA | ITI