Overview
Bandhan Balanced Advantage Fund Direct Growth
IDFC Mutual Fund
The scheme seeks to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity and equity related instruments; and for defensive purposes in equity derivatives.
Investments in Bandhan 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
₹ 27.177
Fund Size (AUM)
₹2216.55 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 1000
SIP: ₹100
Launch Date
10-Oct-2014
Expense Ratio
0.75%
Exit Load
Exit load of 0.50%, if redeemed within 90 days.
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
7.91
History
Performance & Ratios
1-Year SIP Return
2.27%
3-Year SIP Return
11.45%
5-Year SIP Return
11.35%
Mean Return
8.92%
Alpha
0.35
Beta
0.71
Sharpe Ratio
0.5
Sortino Ratio
0.78
Information Ratio
-0.28
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 11.23% | 11.37% | 14.89% | 9.38% |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 15 | 20 | 15 | N/A |
Holdings (124)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Bajaj Finance Ltd. | Financial | Equity | 6.17% |
| Infosys Ltd. | Technology | Equity | 4.98% |
| GOI | Sovereign | GOI Sec | 4.97% |
| Bharti Airtel Ltd. | Communication | Equity | 4.28% |
| State Bank of India | Financial | Equity | 4.16% |
| GOI | Sovereign | GOI Sec | 4.11% |
| ICICI Bank Ltd. | Financial | Equity | 3.76% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 3.23% |
| Reliance Industries Ltd. | Energy | Equity | 3.14% |
| HDFC Bank Ltd. | Financial | Equity | 2.83% |
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: ₹ 100
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: Any day of the month
Min Amount: ₹ 200
Min Installments: 6
AMC Details
Asset Management Company
Bandhan Mutual Fund
IDFC Mutual Fund started their mutual fund on 13/03/2000 and its managing total assets of ₹66,620 Cr. Its ranked at 11 as per total assets at end of 30th Sep 2017. Bandhan 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.
IDFC Mutual Fund works under the name IDFC Asset Management Company. The main objective of this mutual fund company is to grow the AUM of the company by offering adequate products for retail, as well as industrial customers.
IDFC is a relatively new fund house, but nevertheless, has won many accolades for its performance, from various agencies.
IDFC mutual fund offers a bunch of mutual fund schemes that have performed relatively well in the market and therefore, this fund house has carved a niche for itself.
It provides funds ranging from equity to debt to hybrid.
This AMC focuses on infrastructure as its key area and its main businesses in Project Finance, Principal Investments, Financial Markets and Investment Banking, Broking, Advisory Services and Asset Management.
IDFC effectively started off its business in 2000 and has since then been catering to investor needs by periodically improving its fund stature, holdings and policies.
Launch Date
1999-12-20T00:00:00.601Z
Total AUM
₹ 162760.69 Cr
Address
One World Centre, 6th Floor, Tower 1C,Senapati Bapat Marg, Prabhadevi Mumbai 400013
Phone
None
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
Compare with Another Fund
Bandhan Balanced Advantage Fund Direct Growth
IDFC Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Bandhan 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 Bandhan Balanced Advantage Fund Direct Growth?
The top stocks held by Bandhan Balanced Advantage Fund Direct Growth include Bajaj Finance Ltd., Infosys Ltd., GOI.
Which industries does Bandhan Balanced Advantage Fund Direct Growth invest in?
Bandhan Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Technology, Sovereign.
Who are the fund managers of Bandhan Balanced Advantage Fund Direct Growth?
The fund managers of Bandhan Balanced Advantage Fund Direct Growth are Manish Gunwani and Brijesh Shah and Vishal Biraia and Ritika Behera and Gaurav Satra.
How many years has the fund manager been managing Bandhan Balanced Advantage Fund Direct Growth?
Manish Gunwani:
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Brijesh Shah:
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Vishal Biraia:
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Ritika Behera:
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Gaurav Satra:
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What is the minimum investment for Bandhan Balanced Advantage Fund Direct Growth?
The minimum investment for Bandhan Balanced Advantage Fund Direct Growth is ₹1000 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Bandhan Balanced Advantage Fund Direct Growth?
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What are the average 3-year returns for Bandhan Balanced Advantage Fund Direct Growth?
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What is the expense ratio of Bandhan Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of Bandhan Balanced Advantage Fund Direct Growth is 0.75%. The average expense ratio for similar funds in the Hybrid is Calculating....