Motilal Oswal Balance Advantage Fund Direct IDCW Quarterly

Hybrid
Dynamic Asset Allocation
Very High Risk
Payout
13.00%
3Y annualised
-0.29% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Sep 2023₹13.28
Min. SIP amount₹500
Rating1
Fund size₹734.67Cr

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%13.0%11.0%10.6%
Category average13.2%13.9%10.1%NA
Rank with in category21611NA
Understand terms

Holdings (27)

NameSectorInstrumentAssets
FinancialEquity8.9%
FinancialEquity8.6%
InsuranceEquity7.8%
Reserve Bank of India
FinancialT-Bills6.7%
AutomobileEquity5.7%
AutomobileEquity5.0%
FinancialDebenture4.6%
FinancialEquity4.3%
TechnologyEquity3.3%
HealthcareEquity3.0%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Cons

Lower expense ratio: 1.13%
3Y annualised returns lower than category average by 0.85%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Low rating: 1
1Y and 5Y annualised returns higher than category average
1Y category rank: 2
Higher alpha: 1.19 The fund has generated returns higher than benchmark - CRISIL Hybrid 50+50 Moderate Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 1.13%

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

Ankush Sood
Mar 2023 - Present
View details

Education
Mr. Sood is a B.Tech, MBA (Tech)
Experience
He has prior experience prominently in Institutional Sales Trading Function. He has been associated with Motilal Oswal Financial Services Limited wherein he was primarily responsible for Servicing Domestic & Foreign Institutional Clients.
Also manages these schemes

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
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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