AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in हिंदी

Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan - GROWTH

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.Read more

AMC websiteScheme documentsNAV history (AMFI)हिंदी में

Aditya Birla Sun Life Mutual FundBalanced Advantage FundsDirect · GrowthRiskometer: Moderately High Risk
NAV · 16 Oct 2026₹128.0000▲ 0.26% (1 day)
  • Current NAV₹128.0000
  • Fund Size (AUM)₹ 9,836 Cr.
  • Expense Ratio0.90 %
  • 1Y Return+3.91%
  • 3Y Return (CAGR)+11.29%
  • 5Y Return (CAGR)+9.61%
  • Category Rank (3Y)2 / 30
  • RiskometerModerately High Risk
  • Min. SIP / Lump sum₹ 100 / ₹ 100
More figures (11)
  • Since Launch (CAGR)+11.18%
  • Benchmark—
  • Volatility (3Y)8.33 %
  • Sharpe Ratio (3Y)0.57
  • Beta (3Y)—
  • 52-week High / Low₹131.9600 / ₹116.9500
  • Max Drawdown-26.4 %
  • Launched1 Jan 2013
  • Lock-inNone
  • Portfolio Turnover175 %
  • Fund ManagersHarish Krishnan, Lovelish Solanki, Mohit Sharma +1

Performance chart

Past performance may or may not be sustained in future.

Quick take

  • Over 5 years it returned 9.6% a year, against category average 8.3% (rank 5 of 20 Balanced Advantage Funds).
  • Volatility over 3 years was 8.3% a year, with a Sharpe ratio of 0.57.
  • Its biggest fall from a peak was 26.4% (17 Jan 2020 to 23 Mar 2020).
  • Across all 3-year periods since launch, yearly returns ranged from -1.1% to 22.7% and were positive 100% of the time.
  • Expense ratio 0.90%, fund size ₹9,836 crore.

Pros

  • Top-quarter returns in its category over 5 years: rank 5 of 20 Balanced Advantage Funds (9.6% a year against a category average of 8.3%).
  • Every 3-year period since launch gave a positive return (lowest -1.1% a year).
  • Long track record of 12.0 years since 13 Oct 2014.

Cons

No standout weaknesses in its record so far.

Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language.

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund+1.22%-0.16%-0.36%+2.75%+2.01%+3.91%+5.02%+11.29%+9.61%+12.29%+10.78%+11.18%
Category average-0.92%+0.34%-0.65%+8.87%+8.27%
Rank in category11/376/372/362/305/20
QuartileQ2Q1Q1Q1Q1
Best in category+1.06%+8.32%+8.40%+12.26%+12.65%
Worst in category-2.89%-4.17%-5.18%+2.47%+5.41%

Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Balanced Advantage Funds, returns as on 17 Oct 2026. Q1 = top quarter by return over that period.

Calendar-year returns

Year2026 YTD2025202420232022202120202019201820172016
This fund+2.01%+11.30%+14.28%+17.93%+5.51%+14.82%+16.64%+9.25%+1.92%+16.70%+16.79%

January to December each year; the current year is to date.

Month-by-month returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDecYear
2026-1.20.4-6.16.20.21.92.51.1-3.40.8
2025-0.8-3.85.43.01.72.7-1.3-0.80.62.81.10.511.3
20240.91.21.02.51.14.43.21.32.0-3.40.1-0.614.3
2023-0.8-0.70.32.72.72.62.30.01.0-1.53.54.618.0
2022-0.2-1.71.6-0.5-1.0-2.14.82.5-1.12.52.3-1.45.5
2021-1.13.00.51.33.81.42.12.21.20.5-1.70.914.8
20200.5-3.1-15.710.3-1.46.53.82.8-1.72.210.23.716.6
2019-1.3-0.34.8-0.21.9-0.2-2.5-0.13.22.50.60.79.2
2018-0.2-1.6-0.62.2-0.8-0.92.51.8-3.00.11.90.61.9
20172.52.92.22.70.00.31.60.9-0.41.6-0.31.716.7

Change in NAV from the last business day of one month to the last business day of the next. Positive in 78 of 118 months shown (66%). "Year" is shown for complete calendar years.

Risk and consistency

Risk measure3 years5 years
Volatility (standard deviation) ?8.33%7.78%
Sharpe ratio ?0.570.40
Sortino ratio ?0.800.55
Maximum drawdown-8.73%-8.73%

Rolling 3-year returns (yearly)

Lowest-1.06%
Median+12.50%
Highest+22.72%
Positive100% of periods
Above 12% a year62% of periods

Rolling 5-year returns (yearly)

Lowest+4.32%
Median+11.71%
Highest+20.46%
Positive100% of periods
Above 12% a year42% of periods

Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.

How it handled market falls

Biggest falls in this fund's NAV

PeakBottomFallBack to the peak onTime to recover
17 Jan 202023 Mar 2020-26.4%21 Aug 20205 months
19 Aug 201529 Feb 2016-12.6%20 Apr 201651 days
27 Sep 202428 Feb 2025-8.7%12 May 20252 months
17 Jan 202217 Jun 2022-7.7%12 Aug 202256 days
11 Feb 202630 Mar 2026-7.6%17 Jun 20263 months
18 Feb 20157 May 2015-6.9%16 Jul 20152 months

Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.

SIP returns: ₹10,000 every month

SIP forInvestedValue todayGainXIRR
1Y₹1,20,000₹1,22,595₹2,595+4.02%
3Y₹3,60,000₹4,04,653₹44,653+7.74%
5Y₹6,00,000₹7,77,829₹1,77,829+10.32%
10Y₹12,00,000₹21,54,818₹9,54,818+11.27%

A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.

What your investment would be worth

Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.

Compare with all Balanced Advantage Funds (38)

S.No.Scheme (Direct plans, Growth)6M %1Y %3Y % CAGR5Y % CAGRExpense ratio %Fund size ₹ Cr
1.quant Dynamic Asset Allocation Fundquant Mutual Fund-0.43-2.9012.26—1.56810
2.Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund2.073.8711.229.630.909,836
3.WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual Fund2.290.5811.11—0.862,256
4.Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual Fund0.511.4111.069.750.735,162
5.Axis Balanced Advantage FundAxis Mutual Fund-0.13-0.1311.018.911.063,651
6.ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund0.021.2210.419.891.0471,913
7.Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual Fund1.520.8210.37—0.85879
8.HDFC Balanced Advantage FundHDFC Mutual Fund-1.85-3.1110.0912.650.771,02,534
9.DSP Dynamic Asset Allocation FundDSP Mutual Fund0.441.9310.078.311.093,704
10.Edelweiss Balanced Advantage FundEdelweiss Mutual Fund0.911.4310.048.550.9612,880
11.Nippon India Balanced Advantage FundNippon India Mutual Fund0.320.209.998.950.889,532
12.Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund0.532.029.76—0.952,109
13.BANDHAN Balanced Advantage FundBandhan Mutual Fund2.152.659.397.691.082,235
14.SBI Balanced Advantage FundSBI Mutual Fund-1.98-0.369.119.500.8940,545
15.HSBC Balanced Advantage FundHSBC Mutual Fund1.450.159.06—1.161,474
16.Kotak Balanced Advantage FundKotak Mahindra Mutual Fund0.28-0.378.928.390.8316,618
17.Invesco India Balanced Advantage FundInvesco Mutual Fund1.12-2.838.788.151.14903
18.Franklin India Balanced Advantage FundFranklin Templeton Mutual Fund-1.84-2.718.71—0.762,687
19.BANK OF INDIA BALANCED ADVANTAGE FUNDBank of India Mutual Fund-2.481.078.479.861.40174
20.ITI Balanced Advantage FundITI Mutual Fund0.05-3.598.036.491.68320
21.UTI Balanced Advantage FundUTI Mutual Fund-0.62-3.168.03—0.712,856
22.Union Balanced Advantage FundUnion Mutual Fund0.18-1.577.787.041.461,158
23.LIC MF Balanced Advantage FundLIC Mutual Fund1.40-1.447.56—1.52653
24.NJ Balanced Advantage FundNJ Mutual Fund1.28-1.937.55—1.143,242
25.Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund)Sundaram Mutual Fund-1.92-3.947.46—1.131,596
26.UTI - Unit Linked Insurance PlanUTI Mutual Fund3.25-0.427.465.41——
27.Tata Balanced Advantage FundTata Mutual Fund-1.87-1.827.357.970.698,005
28.PGIM India Balanced Advantage FundPGIM India Mutual Fund-1.41-5.186.796.860.94681
29.Shriram Balanced Advantage FundShriram Mutual Fund-1.62-3.315.715.850.9441
30.Motilal Oswal Balanced Advantage FundMotilal Oswal Mutual Fund8.32-4.242.475.511.60712
31.Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund1.370.03——1.011,207
32.Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund-0.48-2.73——1.001,007
33.Helios Balanced Advantage FundHelios Mutual Fund0.17-1.51——1.30265
34.JioBlackRock Balanced Advantage FundJio BlackRock Mutual Fund——————
35.Parag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund0.212.08——0.402,533
36.Samco Dynamic Asset Allocation FundSamco Mutual Fund-0.76-3.87——2.05157
37.The Wealth Company Balanced Advantage FundThe Wealth Company Mutual Fund-4.17—————
38.UNIFI DYNAMIC ASSET ALLOCATION FUNDUnifi Mutual Fund4.458.40————
Median: 38 schemes0.21-0.408.998.351.012,172

Detailed comparison with another fund About Balanced Advantage Funds

Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.

Scheme details

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.
Fund managers
Harish Krishnan, Lovelish Solanki, Mohit Sharma, Rohit Karan
Fund house
Aditya Birla Sun Life Mutual Fund
Category
Balanced Advantage Funds · Hybrid
Plan / option
Direct · Growth
AMFI scheme code
131670
ISIN
INF084M01DJ5
Scheme documents
SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.

About Balanced Advantage Funds

Balanced Advantage Funds change their equity and debt mix dynamically, often using market valuations, to manage risk.

Generally used by investors who want the fund to manage the equity–debt balance for them.

Other plans of this scheme

Tax on your gains

Likely tax treatment: Equity-oriented fund

  • Held 12 months or less: short-term gain taxed at 20%.
  • Held over 12 months: long-term gain taxed at 12.5% on gains above ₹1.25 lakh a year (the ₹1.25 lakh exemption covers all your equity funds and shares together).
  • Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
  • Switching from one scheme or plan to another counts as selling and buying.
  • Surcharge and 4% health and education cess apply on top of these rates.
Fund typeShort-termLong-term
Equity-oriented20% (up to 12 months)12.5% above ₹1.25 lakh
Debt-oriented (bought from Apr 2023)Slab rateSlab rate
Gold, international, other hybridSlab rate12.5% (after 12 or 24 months)

Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.

Fund managers

HK
LS
MS
RK

From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.

Latest news: Aditya Birla Sun Life Mutual Fund

Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.

Questions about this scheme

What is the NAV of Aditya Birla Sun Life Balanced Advantage Fund today?
The latest NAV of Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan - GROWTH is ₹128.0000 as on 16 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has Aditya Birla Sun Life Balanced Advantage Fund given?
As on 16 Oct 2026: 1 year +3.91%, 3 years +11.29% a year, 5 years +9.61% a year. Past returns may or may not be sustained in future.
What is the expense ratio of Aditya Birla Sun Life Balanced Advantage Fund?
The expense ratio of the Direct plan is 0.90% (as of Aug 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Moderately High Risk. Over 3 years its volatility was 8.3% a year and its biggest fall from a peak was 8.7%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Balanced Advantage Funds?
Balanced Advantage Funds change their equity and debt mix dynamically, often using market valuations, to manage risk.
How are gains from Aditya Birla Sun Life Balanced Advantage Fund taxed?
It is taxed as an equity-oriented fund: gains on units held up to 12 months are taxed at 20%; after 12 months, gains above ₹1.25 lakh a year are taxed at 12.5% (plus surcharge and cess).
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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