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 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
|---|
| NAV | ₹109.63 (as of 2026-10-01) |
|---|
| AUM | ₹10,125 Cr |
|---|
| Expense ratio | 1.50% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Harish Krishnan |
|---|
| Exit load | 0.25% for redemption within 7 days |
|---|
Performance & risk
| 5-year annualised return | 8.41% |
|---|
| Sharpe ratio | 0.65 |
|---|
| Standard deviation | 8.66% |
|---|
| Max drawdown | −26.48% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
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 | 51.7% |
|---|
| Mid cap | 27.5% |
|---|
| Small cap | 20.7% |
|---|
Concentration
| Top 5 holdings | 13.7% |
|---|
| Top 10 holdings | 21.7% |
|---|
| Total holdings | 138 |
|---|
Top holdings
- Net Receivable / Payable — 8.3%
- ICICI Bank Ltd. — 4.1%
- Kotak Mahindra Bank Ltd. — 2.9%
- HDFC Bank Ltd. — 2.6%
- TREPS — 2.2%
- IndiGrid Infrastructure Trust — 2.2%
- Reliance Industries Ltd — 2.1%
- State Bank Of India — 2.1%
- AXIS Bank Ltd. — 1.7%
- Tech Mahindra Limited — 1.7%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −0.3% | 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 |