1M
6M
1Y
3Y
5Y
All
| NAV: 06 Sep 2024 | ₹114.39 |
| Min. SIP amount | ₹100 |
| Rating | 3 |
| Fund size | ₹7,459.71Cr |
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
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 23.6% | 13.1% | 15.6% | 13.0% |
| Category average | 24.1% | 12.4% | 14.2% | NA |
| Rank with in category | 18 | 14 | 7 | NA |
Understand terms
Holdings (192)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 6.01% |
Reliance Industries Ltd. | Energy | Equity | 4.73% |
ICICI Bank Ltd. | Financial | Equity | 3.94% |
GOI | Sovereign | GOI Sec | 3.23% |
Infosys Ltd. | Technology | Equity | 2.61% |
GOI | Sovereign | GOI Sec | 2.25% |
Larsen & Toubro Ltd. | Construction | Equity | 2.06% |
Tata Capital Ltd. | Financial | NCD | 2.00% |
State Bank of India | Financial | Equity | 1.95% |
ITC Ltd. | Consumer Staples | Equity | 1.95% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
3Y, 5Y and 10Y annualised returns higher than category average
Higher alpha: 2.53
The fund has generated returns higher than benchmark - CRISIL Hybrid 50+50 Moderate Index - in the last 3Y
Lower expense ratio: 0.68%
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 0.57%
Expense ratio, exit load and tax
Expense ratio: 0.68%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 7 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
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 SolankiOct 2019 - PresentView details
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 SharmaApr 2017 - PresentView details
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
Vishal GajwaniApr 2022 - PresentView details
Vishal Gajwani
Apr 2022 - Present
View details
Education
Mr. Gajwani is CA and CFA (US)
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Nippon India Mutual Fund.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
One World Center, Tower 1, 17th Floor, Jupiter Mill CompoundSenapati Bapat Marg, Elphinstone Road Mumbai 400013
Phone
NA
Launch Date
23 Dec 1994
E-mail
NA
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,
Email
[email protected]Website
www.camsonline.comCompare funds
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth
VS
Add mutual fund to compare
MOST POPULAR ON GROWWVERSION - 5.3.2
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: QUANT SMALL CAP FUND | ICICI PRUDENTIAL COMMODITIES FUND | NIPPON INDIA SMALL CAP FUND | PARAG PARIKH FLEXI CAP FUND | GROWW NIFTY TOTAL MARKET INDEX FUND | SBI SMALL MIDCAP FUND | TATA DIGITAL INDIA FUND | AXIS SMALL CAP FUND | ICICI PRUDENTIAL TECHNOLOGY FUND | HDFC INDEX FUND SENSEX PLAN | HDFC SMALL CAP FUND | AXIS EQUITY FUND | CANARA ROBECO SMALL CAP FUND | TATA SMALL CAP FUND | UTI NIFTY FUND
MUTUAL FUNDS COMPANIES: GROWWMF | SBI | AXIS | HDFC | UTI | NIPPON INDIA | ICICI PRUDENTIAL | TATA | KOTAK | DSP | CANARA ROBECO | SUNDARAM | MIRAE ASSET | IDFC | FRANKLIN TEMPLETON | PPFAS | MOTILAL OSWAL | INVESCO | EDELWEISS | ADITYA BIRLA SUN LIFE | LIC | HSBC | NAVI | QUANTUM | UNION | ITI | MAHINDRA MANULIFE | 360 ONE | BOI | TAURUS | JM FINANCIAL | PGIM | SHRIRAM | BARODA BNP PARIBAS | QUANT | WHITEOAK CAPITAL | TRUST | SAMCO | NJ