March 22, 2025
mayank
Aditya Birla (ABSL) Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 112.6300
NAV IDCW: Rs 28.9500
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
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.
Fund Manager:
1) Harish Krishnan
Education: Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode
Experience: Prior to joining Aditya Birla Sun Life Mutual Fund, he has also worked at Kotak Mahindra Mutual Fund, Infosys Technologies Ltd in his earlier stint.
2) Lovelish Solanki
Education: He has done BMS and MMS in finance.
Experience: 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.
3) Mohit Sharma
Education: Mr. Sharma is B Tech (IIT – Madras) and PGDCM (IIM Calcutta).
Experience: 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).
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 7 days |
Basic Details of Aditya Birla (ABSL) Balanced Advantage Fund
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 12.22% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 6,988 Cr |
| (As on 28-Feb-2025) | |
| Expense | 0.76% |
| (As on 28-Feb-2025) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 308.00% |
Trailing Returns (%) of Aditya Birla (ABSL) Balanced Advantage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Balanced Advantage Dir | -0.10 | 0.55 | 2.36 | 0.01 | -3.64 | 12.15 | 12.86 | 17.92 | 11.73 | 11.56 |
| VR Dynamic Asset TRI | -2.89 | 0.70 | 2.28 | -2.62 | -7.96 | 7.53 | 11.67 | 17.48 | 11.43 | 10.53 |
| Hybrid: Dynamic Asset Allocation | -2.48 | 0.55 | 1.91 | -2.30 | -5.13 | 8.46 | 12.34 | 16.40 | 10.59 | 10.07 |
| Rank within category | 6 | 18 | 10 | 5 | 14 | 5 | 11 | 6 | 4 | 1 |
| Number of funds in category | 37 | 38 | 37 | 37 | 37 | 35 | 27 | 22 | 14 | 10 |
Peer Comparison of Aditya Birla (ABSL) Balanced Advantage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ABSL Balanced Advantage Dir | 3 star | 12.15 | 12.86 | 17.92 | 0.76 | 6,988 | 12.22 | 0.25 (7) | 12Y 2M | 308.00 |
| HDFC Balanced Advantage Dir | 5 star | 10.21 | 20.69 | 27.14 | 0.81 | 90,375 | 15.64 | 1.00 (365) | 12Y 2M | 25.61 |
| ICICI Pru Balanced Advantage Dir | 4 star | 9.27 | 12.76 | 18.08 | 0.92 | 58,717 | 12.93 | 1.00 (365) | 12Y 2M | 33.00 |
| SBI Balanced Advantage Dir | 4 star | 9.11 | 13.81 | — | 0.81 | 32,530 | 12.39 | 1.00 (365) | 3Y 6M | 14.00 |
| Tata Balanced Advantage Dir | 4 star | 6.74 | 11.97 | 17.25 | 0.43 | 9,754 | 13.27 | 1.00 (90) | 6Y 1M | 25.13 |
Portfolio Analysis of Aditya Birla (ABSL) Balanced Advantage Fund
| No. of Stocks | 99 |
| Top 10 Holdings | 27.22% |
| Top 5 Stocks | 16.95% |
| Top 3 Sectors | 27.40% |
| Portfolio P/B Ratio | 3.10 |
| Portfolio P/E Ratio | 20.97 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,93,757 | 2,27,156 |
| Giant (%) | 57.76 | 62.10 |
| Large (%) | 21.93 | 20.39 |
| Mid (%) | 19.20 | 13.03 |
| Small (%) | 1.11 | 4.72 |
| Tiny (%) | — | 0.12 |
| Fund | Category | |
| Number of Securities | 191 | 128 |
| Macaulay Duration (yrs) | 3.16 | 3.67 |
| Average Maturity (yrs) | 3.86 | 6.12 |
| Yield to Maturity (%) | 7.48 | 7.18 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Balanced Advantage Fund
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