Aditya Birla Sun Life Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (18-Jun-25)
₹119.57-0.05%1D
Returns (Since Inception)
12.56%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹7,710 Cr
Expense Ratio
0.74%
ISIN
INF084M01DJ5
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Aditya Birla SL Mutual Fund. This fund has been in existence for 12 years, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹119.57, Assets Under Management (AUM) of 7710.18 Crores, and an expense ratio of 0.74%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹119.57, Assets Under Management (AUM) of 7710.18 Crores, and an expense ratio of 0.74%.
- Aditya Birla Sun Life Balanced Advantage Fund Direct Growth has given a CAGR return of 12.56% since inception.
- The fund's asset allocation comprises around 78.05% in equities, 17.61% in debts, and 4.34% in cash & cash equivalents.
- You can start investing in Aditya Birla Sun Life Balanced Advantage Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+9.34%
+5.20% (Cat Avg.)
3 Years
+16.88%
+15.31% (Cat Avg.)
5 Years
+16.77%
+14.70% (Cat Avg.)
10 Years
+12.31%
+10.01% (Cat Avg.)
Since Inception
+12.56%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹6,017.79 Cr | 78.05% |
| Debt | ₹1,357.42 Cr | 17.61% |
| Others | ₹334.97 Cr | 4.34% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Clearing Corporation Of India Limited | Cash - Repurchase Agreement | ₹422.94 Cr | 5.49% |
| Cash Offset For Derivatives | Cash - General Offset | ₹-335.92 Cr | 4.36% |
| ICICI Bank Ltd | Equity | ₹304.07 Cr | 3.94% |
| HDFC Bank Ltd | Equity | ₹294.16 Cr | 3.82% |
| Reliance Industries Ltd | Equity | ₹259.99 Cr | 3.37% |
| Nifty_(26/06/2025) | Equity Index - Future | ₹231.12 Cr | 3.00% |
| Kotak Mahindra Bank Ltd | Equity | ₹225.69 Cr | 2.93% |
| Infosys Ltd | Equity | ₹196.58 Cr | 2.55% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹191.71 Cr | 2.49% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹145.24 Cr | 1.88% |
| Tech Mahindra Ltd | Equity | ₹135.09 Cr | 1.75% |
| Axis Bank Ltd | Equity | ₹133.28 Cr | 1.73% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹127.58 Cr | 1.65% |
| Larsen & Toubro Ltd | Equity | ₹124.56 Cr | 1.62% |
| State Bank of India | Equity | ₹122.77 Cr | 1.59% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹122.14 Cr | 1.58% |
| IndiGrid Infrastructure Trust Units Series - IV | Equity | ₹119.2 Cr | 1.55% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹112.58 Cr | 1.46% |
| Jindal Steel & Power Ltd | Equity | ₹111.41 Cr | 1.44% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹108.48 Cr | 1.41% |
| Banknifty_(26/06/2025) | Equity Index - Future | ₹104.81 Cr | 1.36% |
| Nexus Select Trust Reits | Equity - REIT | ₹104.5 Cr | 1.36% |
| Godrej Consumer Products Ltd | Equity | ₹104.2 Cr | 1.35% |
| Sona BLW Precision Forgings Ltd | Equity | ₹102.33 Cr | 1.33% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹101.64 Cr | 1.32% |
| Margin (Future And Options) | Cash - Collateral | ₹100.98 Cr | 1.31% |
| INDIA UNIVERSAL TRUST AL2 | Bond - Asset Backed | ₹99.45 Cr | 1.29% |
| SBI Life Insurance Co Ltd | Equity | ₹98.86 Cr | 1.28% |
| Mahindra & Mahindra Ltd | Equity | ₹97.84 Cr | 1.27% |
| Bajaj Finance Ltd | Equity | ₹97.72 Cr | 1.27% |
| Hindalco Industries Ltd | Equity | ₹95.47 Cr | 1.24% |
| India (Republic of) | Bond - Short-term Government Bills | ₹94.12 Cr | 1.22% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹93.95 Cr | 1.22% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹90.89 Cr | 1.18% |
| United Spirits Ltd | Equity | ₹88.46 Cr | 1.15% |
| ITC Ltd | Equity | ₹86.3 Cr | 1.12% |
| AU Small Finance Bank Ltd | Equity | ₹83.84 Cr | 1.09% |
| HCL Technologies Ltd | Equity | ₹81.63 Cr | 1.06% |
| Ambuja Cements Ltd | Equity | ₹81.14 Cr | 1.05% |
| APL Apollo Tubes Ltd | Equity | ₹81.08 Cr | 1.05% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹80.61 Cr | 1.05% |
| Ipca Laboratories Ltd | Equity | ₹79.06 Cr | 1.03% |
| Eternal Ltd | Equity | ₹77.33 Cr | 1.00% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹77 Cr | 1.00% |
| Avenue Supermarts Ltd | Equity | ₹74.85 Cr | 0.97% |
| Samvardhana Motherson International Ltd | Equity | ₹72.4 Cr | 0.94% |
| State Bank Of India | Bond - Corporate Bond | ₹69.65 Cr | 0.90% |
| Tata Consultancy Services Ltd | Equity | ₹69.32 Cr | 0.90% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹67.41 Cr | 0.87% |
| Blue Star Ltd | Equity | ₹66.3 Cr | 0.86% |
| United Breweries Ltd | Equity | ₹65.06 Cr | 0.84% |
| Hindustan Petroleum Corp Ltd | Equity | ₹63.56 Cr | 0.82% |
| UltraTech Cement Ltd | Equity | ₹63 Cr | 0.82% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹62.14 Cr | 0.81% |
| Carborundum Universal Ltd | Equity | ₹62.13 Cr | 0.81% |
| Ather Energy Ltd | Equity | ₹56.59 Cr | 0.73% |
| Havells India Ltd | Equity | ₹55.94 Cr | 0.73% |
| SRF Ltd | Equity | ₹55.66 Cr | 0.72% |
| NTPC Ltd | Equity | ₹54.75 Cr | 0.71% |
| Vedanta Ltd | Equity | ₹54.39 Cr | 0.71% |
| Ajanta Pharma Ltd | Equity | ₹53.78 Cr | 0.70% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹53.21 Cr | 0.69% |
| Net Receivables / (Payables) | Cash | ₹52.84 Cr | 0.69% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹51.45 Cr | 0.67% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹51.1 Cr | 0.66% |
| Aditya Birla Capital Limited | Bond - Corporate Bond | ₹50.61 Cr | 0.66% |
| Gillette India Ltd | Equity | ₹49.96 Cr | 0.65% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹49.75 Cr | 0.65% |
| Oil & Natural Gas Corp Ltd | Equity | ₹47.41 Cr | 0.61% |
| Whirlpool of India Ltd | Equity | ₹46.26 Cr | 0.60% |
| CG Power & Industrial Solutions Ltd | Equity | ₹44.01 Cr | 0.57% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹41.24 Cr | 0.53% |
| InterGlobe Aviation Ltd | Equity | ₹39.92 Cr | 0.52% |
| Jubilant Foodworks Ltd | Equity | ₹39.14 Cr | 0.51% |
| ABB India Ltd | Equity | ₹39 Cr | 0.51% |
| Vishal Mega Mart Ltd | Equity | ₹38.82 Cr | 0.50% |
| Brigade Enterprises Ltd | Equity | ₹38.31 Cr | 0.50% |
| Shriram Finance Ltd | Equity | ₹37.35 Cr | 0.48% |
| NMDC Ltd | Equity | ₹33.62 Cr | 0.44% |
| Brookfield India Real Estate Trust | Equity - REIT | ₹33.17 Cr | 0.43% |
| Cipla Ltd | Equity | ₹33.07 Cr | 0.43% |
| GE Vernova T&D India Ltd | Equity | ₹32.61 Cr | 0.42% |
| National Aluminium Co Ltd | Equity | ₹31.28 Cr | 0.41% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹31.19 Cr | 0.40% |
| Sanofi India Ltd | Equity | ₹30.59 Cr | 0.40% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹26.63 Cr | 0.35% |
| Mphasis Ltd | Equity | ₹25.59 Cr | 0.33% |
| Indus Infra Trust Unit | Equity | ₹25.36 Cr | 0.33% |
| Embassy Office Parks REIT | Equity - REIT | ₹24.85 Cr | 0.32% |
| Dalmia Bharat Ltd | Equity | ₹22.71 Cr | 0.29% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹20.42 Cr | 0.26% |
| Balkrishna Industries Ltd | Equity | ₹16.95 Cr | 0.22% |
| KPIT Technologies Ltd | Equity | ₹16.58 Cr | 0.22% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹16 Cr | 0.21% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹15.21 Cr | 0.20% |
| IRB InvIT Fund Units 2017-Series IV | Equity | ₹14.82 Cr | 0.19% |
| Balrampur Chini Mills Ltd | Equity | ₹12.32 Cr | 0.16% |
| Akums Drugs and Pharmaceuticals Ltd | Equity | ₹11.59 Cr | 0.15% |
| L&T Finance Limited | Bond - Corporate Bond | ₹10.03 Cr | 0.13% |
| Siemens Ltd | Equity | ₹9.67 Cr | 0.13% |
| Siemens Engy Ind | Equity | ₹7.34 Cr | 0.10% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.22 Cr | 0.07% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹5.12 Cr | 0.07% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹5.03 Cr | 0.07% |
| Bank of Baroda | Equity | ₹0.04 Cr | 0.00% |
| IndusInd Bank Ltd | Equity | ₹0.03 Cr | 0.00% |
| Cash And Bank | Cash | ₹0.01 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
47.60%
Mid Cap Stocks
16.11%
Small Cap Stocks
4.97%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,576.98 Cr | 20.45% |
| Industrials | ₹665.24 Cr | 8.63% |
| Basic Materials | ₹623.84 Cr | 8.09% |
| Consumer Cyclical | ₹599.1 Cr | 7.77% |
| Technology | ₹524.8 Cr | 6.81% |
| Consumer Defensive | ₹481.14 Cr | 6.24% |
| Energy | ₹370.96 Cr | 4.81% |
| Healthcare | ₹349.23 Cr | 4.53% |
| Utilities | ₹173.95 Cr | 2.26% |
| Communication Services | ₹108.48 Cr | 1.41% |
| Real Estate | ₹38.31 Cr | 0.50% |
Risk & Performance Ratios
Standard Deviation
This fund
7.76%
Cat. avg.
8.36%
Lower the better
Sharpe Ratio
This fund
1.03
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.41
Higher the better
Fund Managers
HK
Harish Krishnan
Since October 2024
LS
Lovelish Solanki
Since October 2019
MS
Mohit Sharma
Since April 2017
Additional Scheme Detailsas of 31st May 2025
ISIN | INF084M01DJ5 | Expense Ratio | 0.74% | Exit Load | No Charges | Fund Size | ₹7,710 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Unifi Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.9% | 1.0% | ₹640.17 Cr | - |
| Unifi Dynamic Asset Allocation Fund Regular Growth Moderate Risk | 1.5% | 1.0% | ₹640.17 Cr | - |
| Canara Robeco Balanced Advantage Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1485.86 Cr | - |
| Canara Robeco Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1485.86 Cr | - |
| Helios Balanced Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹304.96 Cr | 3.4% |
| Helios Balanced Advantage Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹304.96 Cr | 1.8% |
| Parag Parikh Dynamic Asset Allocation Fund Regular Growth Moderate Risk | 0.6% | 1.0% | ₹2104.51 Cr | 8.1% |
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2104.51 Cr | 8.4% |
| Samco Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹452.79 Cr | -2.7% |
| Samco Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹452.79 Cr | -4.2% |
About the AMC
Total AUM
₹3,96,389 Cr
Address
One World Centre, Tower 1, 17th Floor, Mumbai, 400 013
Other Funds by Aditya Birla SL Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Aditya Birla Sun Life Balanced Advantage Fund Direct Growth?
The NAV of Aditya Birla Sun Life Balanced Advantage Fund Direct Growth, as of 18-Jun-2025, is ₹119.57.
What are the returns of Aditya Birla Sun Life Balanced Advantage Fund Direct Growth?
The fund has generated 9.34% over the last 1 year and 16.88% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Aditya Birla Sun Life Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 78.05% in equities, 17.61% in bonds, and 4.34% in cash and cash equivalents.
Who manages the Aditya Birla Sun Life Balanced Advantage Fund Direct Growth?
The fund managers responsible for Aditya Birla Sun Life Balanced Advantage Fund Direct Growth are:-
- Harish Krishnan
- Lovelish Solanki
- Mohit Sharma
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.