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 introduced to investors on 25 Apr 2000. Vineet Maloo, Mohit Sharma is the Current Fund Manager of Aditya Birla Sun Life Balanced Advantage Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹2,741 Cr and the Latest NAV as of 11 Nov 2019 is ₹55.13.
The Aditya Birla Sun Life Balanced Advantage Fund Growth is rated Moderately High risk. Minimum SIP Investment is 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if units in excess of 15% are redeemed or switched-out within 1 year