Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan - Growth Option of Aditya Birla Sun Life Mutual Fund has asset class type as Hybrid-Equity. Oro Wealth rating for the fund is 3.
Dynamic Asset Allocation or Balanced Advantage
Mohit Sharma B Tech (IIT - Madras) and PGDCM (IIM Calcutta). He has around 1 years of experience of which 7 years is in financial markets. He joined Birla Sun AMC in October 215. Prior to joining Birla AMC, he ran his own healthcare-tech business (June 212 - May 215). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 27 - June 211) and ICICI Bank Ltd (June 26 - April 27). He started his career in the Equity Research in Irevna Ltd (June 25 - June 26).
The fund seeks to generate long term growth of capital and current income by investing in a mixture of equity and fixed income securities. This Scheme will, under normal market conditions, invest approximately 6% of its net assets in equity and equity-related instruments. These generate long-term growth and the balance 4% in fixed income securities, money market instruments, cash and cash equivalents.