1M
6M
1Y
3Y
5Y
All
| NAV: 01 Dec 2023 | ₹94.63 |
| Min. SIP amount | ₹100 |
| Rating | 3 |
| Fund size | ₹6,666.46Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 11.3% | 12.2% | 11.9% | 12.0% |
| Category average | 12.0% | 12.0% | 10.7% | NA |
| Rank with in category | 22 | 15 | 10 | NA |
Understand terms
Holdings (128)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 6.5% |
ICICI Bank Ltd. | Financial | Equity | 4.6% |
Reliance Industries Ltd. | Energy | Equity | 3.3% |
Infosys Ltd. | Technology | Equity | 2.5% |
Aditya Birla Sun Life Money Manager Fund Direct-Growth | NA | Mutual Fund | 2.4% |
GOI | Sovereign | GOI Sec | 2.4% |
Tata Capital Ltd. | Financial | NCD | 2.2% |
Aditya Birla Sun Life Liquid Fund Direct-Growth | NA | Mutual Fund | 2.0% |
Axis Bank Ltd. | Financial | Equity | 2.0% |
Aditya Birla Sun Life Floating Rate Direct Fund-Growth | NA | Mutual Fund | 1.9% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
Cons
3Y, 5Y and 10Y annualised returns higher than category average
1Y annualised returns lower than category average by 0.66%
Higher alpha: 2.39
The fund has generated returns higher than benchmark - CRISIL Hybrid 50+50 Moderate Index - in the last 3Y
Lower expense ratio: 0.62%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Expense ratio, exit load and tax
Expense ratio: 0.62%
Inclusive of GST
Exit load
0.25% for redemption within 7 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Lovelish SolankiOct 2019 - PresentView details
Lovelish Solanki
Oct 2019 - Present
View details
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.
Also manages these schemes
Mohit SharmaApr 2017 - PresentView details
Mohit Sharma
Apr 2017 - Present
View details
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).
Also manages these schemes
Vishal GajwaniApr 2022 - PresentView details
Vishal Gajwani
Apr 2022 - Present
View details
Education
Mr. Gajwani is CA and CFA (US)
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Nippon India Mutual Fund.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
One India Bulls Center - Tower 1,17th Floor - Jupiter Mills Compound,841 Senapati Bhawan, Elphinstone Road, Mumbai 400013
Phone
022-43568000 / 1800-270-7000 / 1800-22-7000
Launch Date
23 Dec 1994
E-mail
NA
Aditya Birla Sun Life Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
www.camsonline.comCompare funds
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth
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