Aditya Birla SL Balanced Advantage Fund
The Scheme seeks 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.
Growthvine rating: 5/5 — ranked #3 of 37 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹108.02 (as of 2026-10-23) |
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| AUM | ₹10,125 Cr |
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| Expense ratio | 1.50% |
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| Riskometer | Very High |
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| Fund manager | Harish Krishnan |
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| Exit load | 0.25% for redemption within 7 days |
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Performance & risk
| 5-year annualised return | 8.41% |
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| Sharpe ratio | 0.47 |
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| Standard deviation | 9.03% |
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| Max drawdown | −26.48% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 111.6% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 88.7% of its downside.
Market cap allocation
| Large cap | 50.3% |
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| Mid cap | 28.8% |
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| Small cap | 20.8% |
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Concentration
| Top 5 holdings | 13.4% |
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| Top 10 holdings | 21.3% |
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| Total holdings | 138 |
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Top holdings
- Net Receivable / Payable — 7.4%
- ICICI Bank Ltd. — 3.8%
- Kotak Mahindra Bank Ltd. — 3.0%
- HDFC Bank Ltd. — 2.7%
- TREPS — 2.4%
- IndiGrid Infrastructure Trust — 2.2%
- Reliance Industries Ltd — 2.0%
- State Bank Of India — 1.9%
- AXIS Bank Ltd. — 1.7%
- Tech Mahindra Limited — 1.6%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −1.8% | Q1 (Top) | #3 of 35 |
| 2025 | 10.1% | Q1 (Top) | #2 of 34 |
| 2024 | 13.0% | Q3 | #16 of 30 |
| 2023 | 16.5% | Q3 | #19 of 26 |
| 2022 | 4.2% | Q2 | #8 of 21 |