Aditya Birla Sun Life Balanced Advantage Fund Growth - Latest NAV ₹61.18, Returns, Performance & Portfolio

Aditya Birla Sun Life Balanced Advantage Fund Growth

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    10.76%
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    (+0.73)61.18

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Fund Summarystar

PeriodReturns(per year)
10 Years8.72%
5 Years10.76%
3 Years6.72%
1 Year10.69%
6 Months29.32%
Fund Details
ISININF084M01AB8
RiskModerately High risk
Fund TypeDynamic Asset Allocation
NAV61.18
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd6.42%
Infosys Ltd3.94%
ICICI Bank Ltd3.68%
NTPC Ltd3.04%
Housing Development Finance Corp Ltd2.95%
Power Finance Corporation Limited2.27%
Kotak Mahindra Bank Ltd2.23%
REC Limited2.21%
Tata Consultancy Services Ltd2.14%
Bharti Airtel Ltd2.07%

About Aditya BSL Balanced Advantage Fund

The Aditya BSL Balanced Advantage Fund is an open-ended dynamic asset allocation scheme. It seeks to generate long-term capital appreciation and regular income with lower volatility by investing in a dynamically balanced portfolio of equity and equity-related instruments as well as fixed-income securities.

Pros & Cons of Aditya BSL Balanced Advantage Fund

  • The scheme allocates around 65%-100% of its total assets to equity and equity-related instruments while allocating up to 35% of its total assets to debt and money market instruments.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Dynamic Asset Allocation or Balanced Advantage Fund category.
  • Further, it has generated returns of 13.45% per year over the last 10 years (as on January 18, 2019).

Fund Information and Statistics of Aditya BSL Balanced Advantage Fund

Inception / Launch Date

The scheme was launched on 25 April 2000 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderately-high risk level associated with it.

Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

The Fund Managers of the Aditya BSL Balanced Advantage Fund are :- 1. Mr. Mohit Sharma (since 01 April 2017) 2. Mr. Vineet Maloo (since 11 October 2014)

Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows : -

  1. If the units are redeemed after the completion of 365 days from the date of allotment of the said units, then the exit load = Nil

  2. If the units are redeemed with 365 days from the date of allotment of the said units, and :-

  • The number of units redeemed is up to 15% of the allotted units, then the exit load = Nil
  • The number of units redeemed is more than 15% of the allotted units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Aditya BSL Balanced Advantage Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units.
  • LTCG (units are held for a period of more than 12 months), in excess of Rs 1 Lakh, is taxed at 10 percent without indexation benefits on the redemption of units.

About Aditya Birla Sun Life Mutual Fund

Established in 1994 and having a pan-India presence across 249 locations, Aditya Birla Sun Life Mutual Fund (ABSLMF) is dedicated to deepening mutual fund penetration in the country. It is a joint venture between Aditya Birla Group and Sun Life Financial Inc. (Canada). With smart solutions, user-friendly services, and a wide range of investment products, the fund house endeavors to meet the investment requirements of different types of investors.

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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns