Fund Details
Aditya Birla Sun Life Balanced Advantage Fund Dividend
| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.10% |
| NAV | ₹21.93 (19 Jan 2021) |
|---|---|
| Fund Started | 25 Apr 2000 |
| Fund Size | ₹2,596 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Age is more than 10 years
3. 5Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 2.1%
9. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.1% |
| Infosys Ltd. | Technology | Equity | 3.8% |
| ICICI Bank Ltd. | Financial | Equity | 3.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.2% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 3.1% |
| ITC Ltd. | FMCG | Equity | 2.2% |
| Power Finance Corpn. Ltd. | Financial | NCD | 2.1% |
| REC Ltd. | Financial | Debenture | 2.1% |
| Bharti Airtel Ltd. | Communication | Equity | 2.1% |
| LIC Housing Finance Ltd. | Financial | NCD | 2.0% |
Fund Managers
Aditya Birla Sun Life Balanced Advantage Fund Dividend Details
Aditya Birla Sun Life Balanced Advantage Fund Dividend is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 25 Apr 2000. Vineet Maloo, Mohit Sharma is the Current Fund Manager of Aditya Birla Sun Life Balanced Advantage Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,596 Cr and the Latest NAV as of 19 Jan 2021 is ₹21.93.
The Aditya Birla Sun Life Balanced Advantage Fund Dividend 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.
