Fund Details
Aditya Birla Sun Life Balanced Advantage Fund Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.10% |
| NAV | ₹64.66 (22 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 |
|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct-Growth | Financial | Mutual Fund | 9.6% |
| HDFC Bank Ltd. | Financial | Equity | 5.7% |
| Infosys Ltd. | Technology | Equity | 4.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.9% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 3.1% |
| ICICI Bank Ltd. | Financial | Equity | 3.1% |
| Bharti Airtel Ltd. | Communication | Equity | 2.6% |
| ITC Ltd. | FMCG | Equity | 2.4% |
| Power Finance Corpn. Ltd. | Financial | NCD | 2.0% |
| REC Ltd. | Financial | Debenture | 2.0% |
Fund Managers
Aditya Birla Sun Life Balanced Advantage Fund Growth Details
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 ₹2,596 Cr and the Latest NAV as of 22 Jan 2021 is ₹64.66.
The Aditya Birla Sun Life Balanced Advantage Fund Growth 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.
