Fund Details
IDFC Balanced Advantage Fund Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.10% |
| NAV | ₹17.45 (23 Jul 2021) |
|---|---|
| Fund Started | 10 Oct 2014 |
| Fund Size | ₹2,108 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
1. Higher expense ratio - 2.1%
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 6.0% |
| ICICI Bank Ltd. | Financial | Equity | 5.9% |
| Reliance Industries Ltd. | Energy | Equity | 5.0% |
| HDFC Bank Ltd. | Financial | Equity | 3.5% |
| Reserve Bank of India | Financial | T-Bills | 3.5% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.3% |
| Bharti Airtel Ltd. | Communication | Equity | 3.2% |
| Bajaj Finance Ltd. | Financial | Equity | 2.9% |
| Tech Mahindra Ltd. | Technology | Equity | 2.8% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.6% |
Fund Managers
IDFC Balanced Advantage Fund Regular Growth Details
IDFC Balanced Advantage Fund Regular Growth is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 10 Oct 2014. Sumit Agrawal, Arpit Kapoor, Arvind Subramanian is the Current Fund Manager of IDFC Balanced Advantage Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,108 Cr and the Latest NAV as of 23 Jul 2021 is ₹17.45.
The IDFC Balanced Advantage Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year
Investment Objective
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.
Tax Implications
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.
