Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 104.24 as on 29-04-2024
Fund Performance
1401 people have invested ₹ 85.1L in Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option in the last three months
Mutual Fund Insights
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.75% return, outperforming this fund by 13.14% per annum.
In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 62.85% return, outperforming this fund by 39.61%.
This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.69% which is lower than the category average expense ratio of 1.14%.
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 19.12% return, outperforming this fund by 5.91% per annum.
Over the last 1 month, this fund has increased expense ratio by 13.1% moving from 0.61 to 0.69.
INDmoney Rank
Powered by IND quant engine
10
/15
24% Performance
48% Risk Management
43% Cost
10 out of 15 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 Mohit Sharma, Lovelish Solanki. This fund gives you the benefit of diversification.
Key Parameters
- Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option has ₹7062 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Overview
 | 0.69% |
 Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
 | ₹7062 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 258.7% |
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option Distribution as on (31-Mar-24)
Size breakup
Large cap
56.3%
Mid cap
11%
Small cap
3.8%
Sector Allocation
Financial Services
26.1%
Consumer Cyclical
11.8%
Industrial
11.1%
Energy
10.2%
Tech
9.2%
Consumer Defensive
8.3%
Basic Materials
7.1%
Health
6%
Utilities
4.5%
Communication
4.3%
Real Estate
1.5%
Top Holdings of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option as on (31-Mar-24)
Equity Holdings106
Debt Holdings35
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.77% | 0% | |
 Reliance Industries Ltd | 4.89% | 0.7% | |
 ICICI Bank Ltd | 3.91% | 0% | |
 Infosys Ltd | 2.91% | 0.3% | |
 Larsen & Toubro Ltd | 2.14% | 19.6% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 7.1K Cr as of Mar'24
- AUM increased by 26.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option, since 1 April 2017
Top funds managed
Lovelish Solanki
Fund Manager of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option, since 9 October 2019
Top funds managed
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.5% since inception which is more than its category average return of 11.8%
Fund Allocations
This fund has an allocation of 56.12% in Equity, 21.25% in Debt and 22.28% in Cash related instruments
AUM size ₹7062 Cr
This fund has AUM of ₹7062 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.69%
This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option is ₹104.24 as on 29-Apr-2024.
Existing (Absolute + CAGR) as on 29-Apr-2024.
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 2.92% | 2.92% |
6 Month Returns | 14.61% | 14.61% |
1 Year Returns | 23.25% | 23.25% |
3 Years Returns | 46.62% | 13.6% |
5 Years Returns | 85.98% | 13.21% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.69% as on March 2024
₹7062 Cr as on March 2024
HDFC Bank Ltd(5.77%), Reliance Industries Ltd(4.89%), ICICI Bank Ltd(3.91%), 7.18% Govt Stock 2037(3.28%), Infosys Ltd(2.91%) as on March 2024
Cash Equivalent(22.47%), Financial Services(15.59%), Corporate(13.15%) as on March 2024
AAA | 77.26 |
AA | 22.74 |
Mohit Sharma, Lovelish Solanki 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%