Reliance Balanced Advantage Fund Dividend+0.03%

3Groww
2.45%
1 Year Return
Hybrid
Balanced Advantage
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Reliance Balanced Advantage Fund Dividend

RiskModerately High
Min SIP Amount₹100
Expense Ratio2.15%
NAV25.6 (16 Aug 2019)
Fund Started15 Nov 2004
Fund Size2,195 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Reliance Balanced Advantage Fund Dividend
2.5%
8.8%
8.8%
16.0%
Category Average
-0.2%
5.8%
7.8%
-
Rank within category
5
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 2.5% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. 5Y Returns are higher than the benchmark
    Cons
    1. Risk is higher compared to the benchmark
    2. Higher expense ratio

    Top Holdings

    NameSectorInstrument% Assets
    Vedanta Ltd.MetalsCP9.1%
    HDFC Bank Ltd.FinancialEquity6.0%
    Infosys Ltd.TechnologyEquity4.4%
    ICICI Bank Ltd.FinancialEquity3.8%
    Reliance Industries Ltd.EnergyEquity3.4%
    Bharti Telecom Ltd.CommunicationZCB2.9%
    State Bank of IndiaFinancialEquity2.9%
    Axis Bank Ltd.FinancialEquity2.7%
    Muthoot Finance Ltd.FinancialBonds/NCD2.7%
    Indian Receivable TrustFinancialZCB2.2%
    See All

    Fund Managers

    addAshutosh Bhargava
    Education
    Mr. Bhargava is B.Com & MBA (Finance)
    Experience
    He had worked with Reliance AMC as deputy investment strategist, investment strategist & Fund Manager. He had also worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd as Economist.
    Funds Managed

    Other Details

    Reliance Balanced Advantage Fund Dividend is a Hybrid Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 15 Nov 2004. Meenakshi Dawar is the Current Fund Manager of Reliance Balanced Advantage Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹2,195 Cr and the Latest NAV as of 16 Aug 2019 is ₹25.6.

    The Reliance Balanced Advantage Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 100. For more than 10% of investments 1% will be charged if redeemed within 12 month.

    Investment Objective

    To generate optimal returns by investing in equity or equity related instruments primarily drawn from the Companies in the BSE 200 index.

    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.

    Scheme Information Document(SID)

    ₹100
    Min for First Investment
    ₹1000
    Min for Second Investment
    For more than 10% of investments 1% will be charged if redeemed within 12 month
    Exit Load

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    About Reliance Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    Launch Date
    29 Jun 1995
    Reliance Mutual Fund
    Asset Management Company
    Custodian
    ABN AMRO Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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