Bajaj Finserv Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
1M
6M
All
NAV: 14 Nov 2024₹10.97
Min. SIP amount₹500
RatingNA
Fund size₹1,334.16Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Absolute returns
1M3M6MAll
Fund returns-4.9%-1.5%4.7%12.1%
Category averageNANANANA
Rank with in categoryNA3032NA
Understand terms

Peer Comparison

Holdings (74)

NameSectorInstrumentAssets
FinancialEquity6.66%
EnergyEquity5.45%
TechnologyEquity4.83%
TechnologyEquity4.17%
SovereignGOI Sec3.98%
FinancialEquity3.66%
Consumer StaplesEquity3.47%
CommunicationEquity2.22%
GOI
SovereignGOI Sec1.99%
Axis Bank Ltd.
FinancialCD1.95%
ConstructionEquity1.94%
Bank Of Baroda
FinancialCD1.93%
Axis Bank Ltd.
FinancialCD1.92%
Consumer StaplesEquity1.89%
FinancialEquity1.81%
HealthcareEquity1.64%
Consumer StaplesEquity1.64%
HealthcareEquity1.62%
AutomobileEquity1.53%
Consumer StaplesEquity1.50%
Consumer StaplesEquity1.47%
ConstructionEquity1.38%
AutomobileEquity1.38%
AutomobileEquity1.37%
FinancialEquity1.37%
DiversifiedEquity1.35%
ConstructionEquity1.31%
Metals & MiningEquity1.31%
Metals & MiningEquity1.29%
AutomobileEquity1.28%
SovereignGOI Sec1.22%
Indian Railway Finance Corporation Ltd.
FinancialNCD1.19%
AutomobileEquity1.01%
HealthcareEquity1.00%
Consumer StaplesEquity0.95%
Consumer StaplesEquity0.90%
CommunicationEquity0.83%
Maharashtra State
OthersSDL0.81%
GOI
SovereignGOI Sec0.81%
ServicesEquity0.79%
InsuranceEquity0.79%
Consumer StaplesEquity0.77%
FinancialEquity0.74%
Consumer StaplesEquity0.68%
FinancialEquity0.68%
EnergyEquity0.67%
ChemicalsEquity0.61%
EnergyEquity0.57%
Capital GoodsEquity0.51%
EnergyEquity0.39%
TechnologyEquity0.38%
HealthcareEquity0.37%
TechnologyEquity0.35%
FinancialEquity0.35%
GOI
SovereignGOI Sec0.32%
HealthcareEquity0.31%
HealthcareEquity0.26%
HealthcareEquity0.25%
Capital GoodsEquity0.24%
HealthcareEquity0.20%
EnergyEquity0.11%
Capital GoodsEquity0.11%
Grasim Industries Ltd.
ConstructionFutures-0.32%
Tech Mahindra Ltd.
TechnologyFutures-0.38%
Tata Power Company Ltd.
EnergyFutures-0.46%
Indusind Bank Ltd.
FinancialFutures-0.56%
United Breweries Ltd.
Consumer StaplesFutures-0.65%
SRF Ltd.
DiversifiedFutures-0.76%
Hindalco Industries Ltd.
Metals & MiningFutures-0.77%
JSW Steel Ltd.
Metals & MiningFutures-0.80%
Tata Motors Ltd.
AutomobileFutures-0.95%
TVS Motor Company Ltd.
AutomobileFutures-1.01%
ICICI Bank Ltd.
FinancialFutures-1.01%
Bajaj Auto Ltd.
AutomobileFutures-1.03%
See All

Expense ratio, exit load and tax

Expense ratio: 0.55%

Inclusive of GST

Exit load

Exit Load for units in excess of 8% of the investment,1% will be charged for redemption within 6 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹100
Min. for SIP₹500

Fund management

Nimesh Chandan
Nov 2023 - Present
View details

Education
Mr. Chandan is an MBA in Finance.
Experience
He has good years of experience in capital markets. Prior to joining Bajaj Finserv Mutual Fund, he had been with Canara Robeco MF, ICICI Prudential MF, SBI MF and Aditya Birla Sun Life AMC as fund manager and has also worked with Stratcap Securities and Darashaw and Company.
Also manages these schemes

Sorbh Gupta
Nov 2023 - Present
View details

Education
Mr. Gupta is a B.Com, CA and CFA.
Experience
Prior to joining Bajaj Finserv Mutual Fund, he was associated with Quantum Mutual Fund, Siddhesh Capital Markets Pvt. Ltd. & Pranav Securities Pvt. Ltd. He has over 11 years of overall experience in the equity research.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
8th floor, E-Core,Solitaire Business Hub (formerly Marvel Edge),Viman Nagar Pune 411014
Phone
1800-309-3900
Launch Date
18 Oct 2021
E-mail
NA
Website
Bajaj Finserv Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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