Fund Details
Aditya Birla Sun Life Balanced Advantage Fund IDCW
| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.08% |
| NAV | ₹21.78 (20 Apr 2021) |
|---|---|
| Fund Started | 25 Apr 2000 |
| Fund Size | ₹3,181 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. 10Y Returns are higher than the category average returns
6. Exit load is zero
1. Higher expense ratio - 2.08%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct-Growth | Financial | Mutual Fund | 7.9% |
| Infosys Ltd. | Technology | Equity | 4.1% |
| HDFC Bank Ltd. | Financial | Equity | 3.5% |
| Tata Steel Ltd. | Metals | Equity | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.2% |
| ICICI Bank Ltd. | Financial | Equity | 3.2% |
| Bharti Airtel Ltd. | Communication | Equity | 2.7% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 2.4% |
| ITC Ltd. | FMCG | Equity | 2.2% |
| Axis Bank Ltd. | Financial | Equity | 2.0% |
Fund Managers
Aditya Birla Sun Life Balanced Advantage Fund IDCW Details
Aditya Birla Sun Life Balanced Advantage Fund IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹3,181 Cr and the Latest NAV as of 20 Apr 2021 is ₹21.78.
The Aditya Birla Sun Life Balanced Advantage Fund IDCW is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
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.
