Fundalysisby DARKHORSESTOCKS

Scheme

Aditya Birla Sun Life Balanced Advantage Fund

Holds 115 companies worth ₹8,042 Cr in Sept 2026.

  • Fund house

    Aditya BirlaThe fund house that runs this scheme.

  • AUM

    ₹9,836 CrAditya Birla Sun Life Balanced Advantage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 2.9% on Aug 2026, ₹10,125 Cr.

  • Largest holding

    ICICI BankICICI Bank is 3.8% of this scheme's NAV.

  • Fund manager

    Mohit SharmaRuns its co-manager part since 1 Apr 2017, as the fund house dates it. With Lovelish Solanki (co-manager), Harish Krishnan (co-manager), Rohit Karan (co-manager).

Overview(9 Sept 2026)

Fund managers4

  1. Mohit SharmaCo-manager · Apr 2017 · 20y
  2. Lovelish SolankiCo-manager · Oct 2019 · 17y
  3. Harish KrishnanCo-manager · Oct 2024 · 22y · CFA PGDM
  4. Rohit KaranCo-manager · Apr 2026 · 16y
  1. Vishal GajwaniApr 2022 – Oct 2024

Key facts

Benchmark
CRISIL Hybrid 50+50 - Moderate Index
Risk
Very High
Expense
Regular 1.52% · Direct 0.61%
Exit load
0.25% within 7 days
Started
25 Apr 2000
Minimum
₹100

Source.Its Scheme Summary Document as of 9 Sept 2026 at AMFI.

What changed(7 changes)

Sept 2026

1 change
  1. Category
    9 SeptHybrid Scheme - Dynamic Asset Allocation or Balanced Advantage → Hybrid Scheme - Balanced Advantage Fund or Dynamic Asset Allocation Fund

Apr 2026

2 changes
  1. Rohit Karan joined
    1 Apras co-manager
  2. Expense ratio
    1 AprRegular 1.81% → 1.52%Direct 0.69% → 0.61%

Feb 2025

1 change
  1. Riskometer
    6 FebHigh → Very High

Source.Its filings at NSE, since Oct 2024.

Fund managers over time(Apr 2017 – now)

  1. Mohit Sharma
  2. Lovelish Solanki
  3. Harish Krishnan
  4. Rohit Karan
  5. Vishal Gajwani
MainCoSlice201820192020202120222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Oct 2024 – Sept 2026)

Every change to the expense ratio, newest first.
2 changesRegularDirectΔ pt
1 Apr 20261.52%0.61%0.08
15 Oct 20241.81%0.69%–
Direct plan, 1 Apr 2026
0.61%
Regular plan 1.52% · Exit load 0.25% within 7 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(9 Sept 2026)

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. There can be no assurance that the investment objective of the Scheme will be realized.

Risk, type and benchmark

Riskometer
Very High
At launch
High
Type
An open ended dynamic asset allocation fund investing in debt and equity instruments only.
Benchmark
CRISIL Hybrid 50+50 - Moderate Index

Asset allocation it may hold% of NAV

  1. Equity & Equity Derivatives (equity hedged exposure)
    Allowed65–100%Holds81.1%
  2. Debt & Money Market instruments
    Allowed0–35%Holds18.2%

Holds in Sept 2026.81.1% equity · 18.2% debt and cash · 0.6% REITs and InvITs

How to invest(9 Sept 2026)

Buying

To start
₹100, then in multiples of ₹1
To add
₹100, then in multiples of ₹1
SIP how often
OM,OW,FM,SM,DZ
SIP dates
Any Day(1 to 31) / Weekly(Monday to Friday)
SIP minimum
₹100, then in multiples of ₹1
SIP instalments
6

Selling and switching

To redeem
Rs.1 and multiples of Rs.1 thereafter or No minimum redemption criterion for Unit based redemption units
Minimum balance
₹1 or 1E-3 units
Switch minimum
₹100 or 1E-3 units
Switch multiples
₹0.01
STP how often
Q,OM,OW,DZ
STP dates
01,07,10,14,20,21,27,28
STP minimum
(OM/OW-Rs.500x12, Rs.1000x6) - (OQ-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20)
STP instalments
(OM/OW-Rs.500x12, Rs.1000x6) - (OQ-Rs.Rs.1000x4) - (DZ/BZ-Rs.500x20)
SWP how often
Q,OM,OW,DZ
SWP dates
01,07,10,14,20,21,28
SWP minimum
(OM/OW/BZ - Rs.500x6) - (OQ - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)
SWP instalments
(OM/OW/BZ - Rs.500x6) - (OQ - Rs.500x4) (H - Rs.500x4) (Y - Rs.500x2)

Scheme details(9 Sept 2026)

What it is

Category
Hybrid Scheme - Balanced Advantage Fund or Dynamic Asset Allocation Fund
Offer
15 Mar 2000 to 16 Mar 2000
Started
25 Apr 2000
Reopened
26 Apr 2000
Plans
Growth
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
HDFC Bank Limited
Auditor
M/s Deloitte Haskins & Sells LLP
Registrar
Computer Age Management Services Limited
SEBI code
ABSL/O/H/DAA/00/03/0014