Aditya Birla Sun Life Balanced Advantage Fund Direct Growth

Aditya Birla Sun Life Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Harish Krishnan, Lovelish Solanki, Mohit Sharma. This fund gives you the benefit of diversification.

1. Aditya Birla Sun Life Balanced Advantage Fund Direct Growth has ₹7239 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
2. The fund has an expense ratio 0.8.
   

Aditya Birla Sun Life Balanced Advantage Fund Direct Growth has given a CAGR return of 12.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.42%, 11.89% and 13.03% respectively.

Aditya Birla Sun Life Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Financial Services, Government, Industrial, Consumer Cyclical, Basic Materials, Tech, Energy, Health, Consumer Defensive, Utilities, Real Estate, Communication, Securitize.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Balanced Advantage Fund Direct Growth has no lock in period.