| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.09% |
| NAV | ₹54.76 (05 Aug 2020) |
|---|---|
| Fund Started | 25 Apr 2000 |
| Fund Size | ₹2,374 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.1% |
| Reliance Industries Ltd. | Energy | Equity | 3.8% |
| Bharti Airtel Ltd. | Communication | Equity | 3.8% |
| ICICI Bank Ltd. | Financial | Equity | 3.7% |
| Infosys Ltd. | Technology | Equity | 3.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.4% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 2.3% |
| ITC Ltd. | FMCG | Equity | 2.3% |
| Power Finance Corpn. Ltd. | Financial | NCD | 2.2% |
Aditya Birla Sun Life Balanced Advantage Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,374 Cr and the Latest NAV as of 05 Aug 2020 is ₹54.76.
The Aditya Birla Sun Life Balanced Advantage Fund Growth is rated Moderately 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
The fund seeks to generate long term growth of capital and current income from a portfolio of equity and fixed income securities.
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.