Aditya Birla Sun Life Balanced Advantage Fund
The fund is aggressively positioned for equity market participation at 82% allocation, betting on continued domestic growth despite operating a balanced mandate. Heavy concentration in banking and financial services reflects conviction in India's credit cycle, while selective exits from debt instruments and large-cap tech suggest the manager is rotating toward value and overlooked sectors like auto components and retail. The additions of consumer and finance plays signal opportunistic rebalancing into broader market themes beyond traditional blue-chips.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹123.9300 | — | — | — | — |
| Regular Growth | ₹108.2000 | -0.60% | +2.72% | +11.66% | +10.17% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| 360 ONE WAM Ltd | 0.27% |
| Patanjali Foods Limited | 0.18% |
| L&T Finance Limited | 0.14% |
| 8.40% Muthoot Finance Limited (27/07/2028) ** | 0.27% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 4.06% |
| 2 | Reliance Industries Limited INE002A01018 | 3.19% |
| 3 | HDFC Bank Limited INE040A01034 | 3.12% |
| 4 | Kotak Mahindra Bank Limited INE237A01036 | 2.70% |
| 5 | State Bank of India INE062A01020 | 2.48% |
| 6 | India Grid Trust INE219X23014 | 2.38% |
| 7 | Axis Bank Limited INE238A01034 | 1.91% |
| 8 | Infosys Limited INE009A01021 | 1.89% |
| 9 | Margin (Future and Options) nan | 1.73% |
| 10 | Clearing Corporation of India Limited nan | 1.73% |
| 11 | Government of India (24/07/2037) IN0020230077 | 1.69% |
| 12 | Tech Mahindra Limited INE669C01036 | 1.67% |
| 13 | 7.50% Cholamandalam Investment and Finance Company Limited (30/09/2026) ** INE121A08PJ0 | 1.62% |
| 14 | Clearing Corporation of India Limited nan | 1.55% |
| 15 | Hindalco Industries Limited INE038A01020 | 1.53% |
| 16 | Bharti Airtel Limited INE397D01024 | 1.39% |
| 17 | Sona BLW Precision Forgings Limited INE073K01018 | 1.35% |
| 18 | Blue Star Limited INE472A01039 | 1.35% |
| 19 | Adani Enterprises Limited INE423A01024 | 1.31% |
| 20 | NEXUS SELECT TRUST INE0NDH25011 | 1.31% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Aditya Birla Sun Life Balanced Advantage Fund hold?
Aditya Birla Sun Life Balanced Advantage Fund holds 125 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 15.55% of NAV.
What is the largest holding in Aditya Birla Sun Life Balanced Advantage Fund?
The largest position in Aditya Birla Sun Life Balanced Advantage Fund is ICICI Bank Limited, accounting for 4.06% of NAV in the Banks sector.
Is Aditya Birla Sun Life Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.406, Aditya Birla Sun Life Balanced Advantage Fund is well-diversified. The HHI concentration index is 13,697 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 15.55% of the portfolio.
What is the market cap allocation of Aditya Birla Sun Life Balanced Advantage Fund?
Based on SEBI's AMFI classification, Aditya Birla Sun Life Balanced Advantage Fund's equity portfolio is split as: Large Cap: 39.27%, Mid Cap: 20.53%, Small Cap: 12.02%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Aditya Birla Sun Life Balanced Advantage Fund invest in most?
Aditya Birla Sun Life Balanced Advantage Fund has the highest allocation to Banks (16.72%), IT - Software (6.10%), Auto Components (4.37%). The fund is invested across 43 sectors in total.
How actively managed is Aditya Birla Sun Life Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
Aditya Birla Sun Life Balanced Advantage Fund has an Active Share of 63.64%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Aditya Birla Sun Life Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Aditya Birla Sun Life Balanced Advantage Fund added 4 new stocks (including 360 ONE WAM Ltd) and exited 4 stocks (including 7.95% LIC Housing Finance Limited (29/01/2028) **). Total holding count remained at 126 stocks.