Bandhan Balanced Advantage Fund Direct IDCW

Hybrid
Dynamic Asset Allocation
Moderately High Risk
Payout
10.63%
3Y annualised
+0.12% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Mar 2024₹15.90
Min. SIP amount₹100
Rating2
Fund size₹2,220.37Cr

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
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns21.6%10.6%11.3%9.7%
Category average23.7%11.8%11.4%NA
Rank with in category252215NA
Understand terms

Holdings (114)

NameSectorInstrumentAssets
FinancialEquity8.70%
SovereignGOI Sec5.22%
TechnologyEquity4.57%
SovereignGOI Sec4.05%
FinancialEquity3.73%
EnergyEquity3.47%
FinancialDebenture3.36%
FinancialEquity3.34%
FinancialEquity2.33%
FinancialEquity2.31%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Cons

Lower expense ratio: 0.71%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.71%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 1 year

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Manish Gunwani
Jan 2024 - Present
View details

Sumit Agrawal
Mar 2017 - Present
View details

Education
Mr.Agrawal is a B.Com, ACS, CFA (USA)and PGDM (Finance).
Experience
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he was associated with Mirae Asset Mutual Fund (Nov 2010-Sep 2016) as Fund Manager-Equities, Axis Capital (erstwhile ENAM Securities) (Feb 2008-Nov 2010) as VP-Research Analyst and JP Morgan India Services Pvt. Ltd. (Jun 2006-Feb 2008) as TL-Investment Banking.
Also manages these schemes

Brijesh Shah
Jul 2022 - Present
View details

Education
Mr. Shah is a Post Graduate Diploma in Finance.
Experience
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.
Also manages these schemes

Vishal Biraia
Jun 2023 - Present
View details

Fund house & investment objective

Fund house contact details

Address
One World Centre, 6th Floor, Tower 1C,Senapati Bapat Marg, Prabhadevi Mumbai 400013
Phone
NA
Launch Date
20 Dec 1999
E-mail
NA
IDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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