ABSL Balanced Advantage Fund

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Scheme Snapshot – ABSL Balanced Advantage Fund

Aditya Birla Sun Life Balanced Advantage Fund is an open ended dynamic asset allocation fund whose primary objective 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. The fund managers Vineet Maloo, Lovelish Solanki, Mohit Sharma will use top down approach to identify growth sectors and bottom up approach to identify individual stocks to keep reasonable margin of safety at the time of investment, reduces risk of adverse price movements through hedging, Multi-cap investment across sectors with a large cap bias and Active re-balancing of portfolio. The fund would have the flexibility to invest in stocks across different market capitalization and therefore would contain a blend of large, mid and small cap stocks. The Equity Allocation in the portfolio would be monitored on a monthly basis and rebalanced by the Fund Managers’ at the end of every calendar quarter. The Scheme will take a call on the asset allocation based on the PE ratio of S&P BSE 100 index.

Fund Name	Aditya Birla Sun Life Balanced Advantage Fund-Growth
NAV	Rs. 70.1100
NAV Difference	-1.6300(-2.32%)
As On Date	Feb 24, 2022
AMC	Aditya Birla Sun Life Mutual Fund
Fund Class	Hybrid - Dynamic Asset Allocation
Fund Manager	Vineet Maloo
Benchmark	CRISIL Hybrid 50+50 Moderate Index
Fund Type	Open Ended
Launch Date	Mar 15, 2000
NFO Close Date	Apr 17, 2000
Inception Date	Apr 25, 2000
Investment Plan	Growth
Asset Size (Rs Cr)	6568.7583
Minimum Investment	100
Scheme Beta	0.7650
Standard Deviation	14.2857
Sharpe Ratio	0.6527
Alpha Ratio	-0.8396