Overview
Bajaj Finserv Balanced Advantage Fund Direct Growth
Bajaj Finserv Mutual Fund
The scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives.
Investments in Bajaj Finserv Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 11.187
Fund Size (AUM)
₹1230.75 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 500
SIP: ₹500
Launch Date
15-Dec-2023
Expense Ratio
0.58%
Exit Load
Exit Load for units in excess of 8% of the investment,1% will be charged for redemption within 6 months.
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
0.05%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 6.21% | N/A | N/A | N/A |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 30 | N/A | N/A | N/A |
Holdings (58)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.75% |
| Reliance Industries Ltd. | Energy | Equity | 7.05% |
| Infosys Ltd. | Technology | Equity | 4.25% |
| ICICI Bank Ltd. | Financial | Equity | 4.18% |
| ITC Ltd. | Consumer Staples | Equity | 3.38% |
| Axis Bank Ltd. | Financial | Equity | 2.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.76% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.67% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 2.61% |
| Bharti Airtel Ltd. | Communication | Equity | 2.52% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 2
AMC Details
Asset Management Company
Bajaj Finserv Mutual Fund
None Bajaj Finserv Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
2021-10-18T00:00:00.857Z
Total AUM
₹ 20555.03 Cr
Address
8th floor, E-Core,Solitaire Business Hub (formerly Marvel Edge),Viman Nagar Pune 411014
Phone
1800-309-3900
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Bajaj Finserv Balanced Advantage Fund Direct Growth
Bajaj Finserv Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Bajaj Finserv Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Bajaj Finserv Balanced Advantage Fund Direct Growth?
The top stocks held by Bajaj Finserv Balanced Advantage Fund Direct Growth include HDFC Bank Ltd., Reliance Industries Ltd., Infosys Ltd..
Which industries does Bajaj Finserv Balanced Advantage Fund Direct Growth invest in?
Bajaj Finserv Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Energy, Technology.
Who are the fund managers of Bajaj Finserv Balanced Advantage Fund Direct Growth?
The fund managers of Bajaj Finserv Balanced Advantage Fund Direct Growth are Nimesh Chandan and Siddharth Chaudhary and Sorbh Gupta.
How many years has the fund manager been managing Bajaj Finserv Balanced Advantage Fund Direct Growth?
Nimesh Chandan:
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Siddharth Chaudhary:
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Sorbh Gupta:
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What is the minimum investment for Bajaj Finserv Balanced Advantage Fund Direct Growth?
The minimum investment for Bajaj Finserv Balanced Advantage Fund Direct Growth is ₹500 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Bajaj Finserv Balanced Advantage Fund Direct Growth?
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What are the average 3-year returns for Bajaj Finserv Balanced Advantage Fund Direct Growth?
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What is the expense ratio of Bajaj Finserv Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of Bajaj Finserv Balanced Advantage Fund Direct Growth is 0.58%. The average expense ratio for similar funds in the Hybrid is Calculating....