Motilal Oswal Balance Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
5.81%
3Y annualised
+1.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Feb 2023₹16.24
Min. SIP amount₹500
Rating1
Fund size₹726.80Cr

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 returns-3.0%5.8%5.8%7.9%
Category average1.8%9.5%7.0%NA
Rank with in category262113NA
Understand terms

Holdings (26)

NameSectorInstrumentAssets
Religare Enterprises Ltd.FinancialEquity10.1%
Fino Payments Bank Ltd.FinancialEquity6.6%
Reserve Bank of India
FinancialT-Bills6.5%
Muthoot Finance Ltd.FinancialDebenture4.7%
Star Health and Allied Insurance Company Ltd.InsuranceEquity4.6%
ZF Commercial Vehicle Control Systems India Ltd.AutomobileEquity4.1%
IDFC First Bank Ltd.FinancialEquity4.0%
MTAR Technologies Ltd.Capital GoodsEquity4.0%
Samvardhana Motherson International Ltd.AutomobileEquity4.0%
Max Financial Services Ltd.FinancialEquity4.0%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Cons

Lower expense ratio: 1.18%
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: 1

Expense ratio, exit load and tax

Expense ratio: 1.18%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed 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₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Rakesh Shetty
Nov 2022 - Present
View details

Education
Mr. Shetty has done B.Com
Experience
Prior to joining Motilal Oswal Mutual Fund, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Motilal Oswal Towers - 10th Floor,Rahimtullah Sayani Road,Opposite Parel ST Depot, Prabhadevi, Mumbai 400025
Phone
022-39804238 / 1800-200-6626
Launch Date
29 Dec 2009
Website
NA
Motilal Oswal Mutual Fund
Asset Management Company
Custodian
Citibank NA
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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