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NAV as of ( Sep 09, 2022 )
₹ 82.44 0.12 % 1-D Change
You get upto 1.24% extra returns
ET Money Rank
Out of 16
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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|ET Money Rank||4 Out of 16|
|Expense ratio||0.57% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 6,907 Crs|
|Age||9 yrs 8 m Since Jan 01, 2013|
|Benchmark||CRISIL Hybrid 50+50 Moderate Index|
SIP ₹ 1000 &
Lumpsum ₹ 1000
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 47.44%
Mid Cap 4.93%
Small Cap 2.96%
Other Cap 0%
Consumer Staples 6.32%
ICICI Home Finance Company Ltd. 1.56%
HDB Financial Services Ltd. 1.41%
Kotak Mahindra Prime Ltd. 1.4%
Cash & Call Money 10.26%
Cash Margin 11.52%
Mutual Fund 7.61%
Birla Sun Life Cash Plus - Direct Plan 7.61%
|Fund name||Annual Return %||Consistency||Value Research Rating|
|HDFC Balanced Advantage Fund||13.09%|
|Edelweiss Balanced Advantage Fund||12.43%|
|ICICI Prudential Balanced Advantage Fund||10.86%|
|Aditya Birla Sun Life Asset Allocator FoF||9.92%|
|Franklin India Dynamic Asset Allocation FoF||9.71%|
|IDFC Balanced Advantage Fund||9.61%|
|Aditya Birla Sun Life Balanced Advantage Fund||9.52%|
Sign-up for free to compare fund with dynamic asset allocation funds
|Period||Trailing returns||Category average||Rank within category|
|1 month||1.58%||1.62%||9 / 20|
|3 months||8.62%||9.58%||14 / 19|
|6 months||6.03%||6.26%||11 / 19|
|1 year||4.22%||5.68%||11 / 19|
|3 years||14.06%||13.78%||7 / 17|
|5 years||9.52%||9.5%||8 / 14|
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
HYBRID DYNAMIC ASSET ALLOCATION
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.
He has done BMS and MMS in finance.
Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives - Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.
Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).
Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).
Mr. Gajwani is CA and CFA (US)
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Nippon India Mutual Fund.
As on Jun 30, 2022
The Aditya Birla Sun Life Balanced Advantage Fund is a 9 yrs 8 m old fund and has delivered average annual returns of 11.98% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Aditya Birla Sun Life Balanced Advantage Fund for Sep 09, 2022 is 82.44 .
Aditya Birla Sun Life Balanced Advantage Fund has an ET Money Rank of # 4 of 16 and a consistency rating of 3 .
This indicates the fund has delivered above-average returns, however, the consistency at which it generates returns is not so great. If you are ok with sharp swings in your returns, you can go for this fund
On ET Money, Investing in Aditya Birla Sun Life Balanced Advantage Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Aditya Birla Sun Life Balanced Advantage Fund is 0.57%. .
Redeeming your investments in Aditya Birla Sun Life Balanced Advantage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Aditya Birla Sun Life Balanced Advantage Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Aditya Birla Sun Life Balanced Advantage Fund is ₹6,907 Crs.
The Aditya Birla Sun Life Balanced Advantage Fund's equity portion has been invested in the stocks of the following companies
|Company||Percentage of Portfolio|
|Reliance Industries Ltd.||6.21%|
|HDFC Bank Ltd.||5.39%|
|ICICI Bank Ltd.||4.88%|
|Adani Ports and Special Economic Zone Ltd.||2.33%|
|State Bank of India||2.3%|
|Housing Development Finance Corpn. Ltd.||2.16%|
|Bajaj Finance Ltd.||1.67%|
The Aditya Birla Sun Life Balanced Advantage Fund's equity portion is primarily invested in the following sectors -
|Sector||Percentage of Portfolio|
|Metals & Mining||1.95%|
The credit rating of the instruments in which the fund invests represents the quality of the borrower.The Aditya Birla Sun Life Balanced Advantage Fund's debt portion's allocation by credit quality is given below
|Credit Quality||Percentage of Portfolio|
|Cash & Call Money||10.26%|
The top 3 debt holdings of Aditya Birla Sun Life Balanced Advantage Fund are as follows
|Holding Name||Percentage of Portfolio|
|ICICI Home Finance Company Ltd.||1.56%|
|HDB Financial Services Ltd.||1.41%|