Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Balanced Advantage Fund - Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Balanced Advantage Fund

(An Open Ended Dynamic Asset Allocation Fund)

This fund takes dynamic asset allocation calls based on market valuations

Investment Objective

The primary objective of the Scheme is 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.

This product is suitable for investors who are seeking

  • Capital appreciation and regular income in the long term
  • investment in equity & equity related securities as well as fixed income securities (Debt & Money Market securities)

Fund Details

  • Fund Type - (An Open ended Equity Scheme)
  • Class - Equity
  • Category - Balanced Advantage
  • Min Investment - Rs. 1000/-
  • Fund Manager - Mr Vineet Maloo & Mr. Mohit Sharma
  • Latest NAV - 49.82 (as on 24-May-2018)
  • Inception Date - Apr 24, 2000
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Fund Performance

Trailing Return

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Funds are bucketed on various parameters with respect to other funds in their category.
*Annualized returns are displayed for 1 year and above.

Annualized Returns

Investment Performance - Regular Plan - Growth NAV as on December 30, 2010: Rs. 44.35
Date of Inception: Apr 25, 2000 NAV Per
Unit. *
(Rs)
Birla
Sun Life
Balanced
Advantage
Fund (%)
CRISIL
Balanced
Fund -
Aggressive
Index # (%)
S&P BSE
SENSEX ##
(%)
Value of Standard Investment of Rs 10000 in
Birla Sun Life
Balanced
Advantage
Fund
(Rs)
CRISIL
Balanced
Fund -
Aggressive
Index #
(Rs)
S&P BSE
SENSEX
##
(Rs)
Since inception till December 30, 2016 (CAGR) 10.00 9.33 N/A 11.19 44350 N/A 58726
December 31, 2015 to December 30, 2016 (Absolute) 38.13 16.31 6.66 1.95 11631 10666 10195
December 31,2014 to December 31,2015 (Absolute) 36.80 3.61 0.48 -5.03 10361 10048 9497
December 31,2013 to December 31,2014 (Absolute) 28.81 27.73 25.34 29.89 12773 12534 12989

# Scheme Benchmark, ## Additional Benchmark, *As on start of period considered above.

Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme benchmark returns are not available, they have not been shown. Total Schemes Co-Managed by Fund Managers is 9. Total Schemes managed by Mr. Prasad Dhonde is 21. Total Schemes managed by Mr. Vineet Maloo is 16. Refer annexure on page no. 67 of Empower to know more on performance of schemes managed by Fund Managers ‘Direct Plan’ is only for investors who purchase / subscribe Units in a Scheme directly with the Mutual Fund and is not available for investors who route their investments through a Distributor. For further details, Investors are advised to refer to Addendum no. 44/2012 dated December 27, 2012 available on our website www.birlasunlife.com.

Fund Management

  • Vineet M
    Mr Vineet Maloo

    Total Experience : ​11 years

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    Vineet has 7 years of experience. He has been providing analytical support to the Chief Financial Officer of Hindalco Industries Limited, prior to which he has worked with Aditya Birla Management Corporation Ltd.
  • General profile pic
    Mr. Mohit Sharma

    Total Experience : 10 Years

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    Mohit Sharma has around 10 years of experience of which 7 years is in financial markets. He joined Birla Sun Life Asset Management Co. Ltd in October 2015.
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Total Schemes managed by {fundmanagername} is {fundmanagerfundcount}
Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.

Portfolio and Sector Holdings

Top 10 Holdings (As on 30.04.2018)

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Issuer % to Net Assets
Top 10 Sector Holdings Chart

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
1%: For redemption / switch-out of units within 365 days from the date of allotment (% of applicable NAV) NIL : For redemption / switch-out of units after 365 days from the date of allotment
In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switched-out without any exit load from the date of allotment. Any redemption in excess of this limit shall be subject to the given exit load.(w.e.f. October 10, 2016) **Exit Load is NIL for units issued in Dividend Reinvestment.

Highlights

  • Dynamic asset allocation approach
  • Benefit of equity taxation

Opportune utilization of price fluctuations:

BSL Balanced Advantage Fund adopts a ‘dynamic’ approach to asset allocation. This involves negotiating the ups and downs of the market cycle. Essentially, it aims to buy into underpriced opportunities, and sell out of overpriced situations. It provides particular comfort to investors who seek smoother returns over the long-term. The Fund runs a well tested P/E based model that drives the ‘Net Equity Exposure’. This determines the level of aggression that the fund carries in any market situation. While being invested in long equity at all times, it uses derivatives to reduce the ‘net’ exposure to equities, allowing fundamental research driven approach to selection of stocks that continue adding alpha over a longer period of time. The fund also gets the added advantage of equity taxation since its gross equity exposure is 65% and above.

Discipline

The fund manager will invest into opportunities available across the market capitalization. The fund manager will use top down approach to identify growth sectors and bottom up approach to identify individual stocks. The fund would have the flexibility to invest in stocks across different market capitalization. The fund would therefore contain a blend of large, mid and small cap stocks. The allocation to the different market caps would vary from time to time depending on the overall market conditions, market opportunities and the fund manager's view.

Aditya Birla Sun Life Balanced Advantage Fund

(An Open Ended Dynamic Asset Allocation Fund)

This product is specially designed for investors seeking*

  • Capital appreciation and regular income in the long term
  • Investment in equity & equity related securities as well as fixed income securities (Debt & Money Market securities)


*We recommend investors to consult their financial advisers in case of doubt about whether the product is suitable for them.

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Disclaimer

For further details on the Scheme, refer Scheme Information Document and Key Information Memorandum.

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