Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option

Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option

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Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 100.45 as on 27-02-2024
Fund Performance
zero opening, trading, fund transfer fee
1550 people have invested ₹ 55L in Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option in the last three months

Mutual Fund Insights

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This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.66% which is lower than the category average expense ratio of 1.16%.
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In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 24.31% return, outperforming this fund by 11.47% per annum.
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In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 20.59% return, outperforming this fund by 6.91% per annum.
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Over the last 15 months, this fund has increased expense ratio by 13.8% moving from 0.58 to 0.66.
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In the last 1 year, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 41.98% return, outperforming this fund by 19.4%.

INDmoney Rank of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option

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10
/14
24% Performance
45% Risk Management
63% Cost
10 out of 14 among dynamic asset allocation

About the Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option

Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Lovelish Solanki, Mohit Sharma. This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option has ₹7013 Cr worth of assets under management (AUM) as on Jan 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option Overview

Expense ratio
Expense ratio
0.66%
Benchmark
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM
AUM
₹7013 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
258.7%

Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option Distribution as on (31-Jan-24)

  • Equity 54.9%

  • Debt & Cash 45.1%

Size breakup

Large cap
53.1%
Mid cap
12.1%
Small cap
3.9%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
26.5%
Consumer Cyclical
10.9%
Industrial
10.3%
Energy
9.8%
Tech
9.1%
Consumer Defensive
8.4%
Basic Materials
7.5%
Health
6.9%
Utilities
4.5%
Communication
4.5%
Real Estate
1.3%

Top Holdings of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings100
Debt Holdings37

Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 7K Cr
₹ 7K Cr
₹ 6.8K Cr
  • AUM of the fund stands at 7K Cr as of Jan'24
  • AUM increased by 34.3 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option Fund Manager

Lovelish Solanki
Lovelish Solanki
Fund Manager of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option, since 9 October 2019
Mohit Sharma
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option, since 1 April 2017

Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option Highlights

Risk meter
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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.42% since inception which is more than its category average return of 12.23%
Fund Allocations

Fund Allocations

This fund has an allocation of 54.87% in Equity, 21.58% in Debt and 23.55% in Cash related instruments
AUM size ₹7013 Cr

AUM size ₹7013 Cr

This fund has AUM of ₹7013 Cr which is less than its category average of ₹ 8132 Cr
Expense Ratio 0.66%

Expense Ratio 0.66%

This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option is ₹100.45 as on 27-Feb-2024.
Existing (Absolute + CAGR) as on 27-Feb-2024.
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
2.63%
2.63%
6 Month Returns
10.79%
10.79%
1 Year Returns
22.58%
22.58%
3 Years Returns
43.69%
12.84%
5 Years Returns
89.85%
13.68%
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0.66% as on January 2024
₹7013 Cr as on January 2024
HDFC Bank Ltd(4.74%), Reliance Industries Ltd(4.7%), ICICI Bank Ltd(3.7%), Infosys Ltd(3.29%), 7.26% Govt Stock 2033(2.29%) as on January 2024
Cash Equivalent(23.55%), Financial Services(14.56%), Corporate(14.12%) as on January 2024
AAA
75.1
AA
24.9
Lovelish Solanki, Mohit Sharma are the fund managers of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option
The Exit load of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option is 0.25%