Table of Contents
8 Best Balanced Advantage Mutual Funds 2023
Balanced Advantage Funds adjusts its direct equity exposure based on whether overall Market valuations are expensive or cheap (on the Basis of price-to-Book Value). Thus, if the market’s price-to-book value ratio is low (based on historical values), the fund raises its direct stock exposure and relies less on arbitrage and vice versa.
Top balanced advantage funds are Mutual Funds that invest more than 65% of their assets in equities and the remaining assets in debt instruments to yield good overall returns. Balanced Mutual Funds are beneficial for investors who are willing to take a market risk while looking for some fixed returns as well. The assets invested in equities and stocks offer market-linked returns while the assets invested in debt instruments offer fixed returns. Being a combination of both Equity and Debt, investors should be very careful when Investing in these funds. The investors are advised to look for top Balanced Fund before investing in Balanced Mutual Funds. We have listed top balanced mutual funds below.
What is Balanced Advantage Mutual Funds ?
Recent SEBI norms dated April 2018 created new categories one of them is called dynamic Asset Allocation or balanced advantage fund (BAF). The norm says that funds in this category should have “investment in equity/debt that is managed dynamically”. Since this is “dynamic”, by definition AMCs have flexibility in managing these funds. The cause of confusion is that since funds in this category are termed “balanced advantage”, investors who are not so savvy equate these with balanced funds of earlier days.
It may be noted that erstwhile balanced funds are now aggressive hybrid funds, and that balanced advantage funds belong to a different sub category under hybird.
Why Balanced Advantage Mutual Funds ?
one should get into dynamic asset allocation funds or BAFs to go with the fund manager’s calls on the net equity exposure as per his reading of market valuations. To avoid confusion, don’t equate a BAF with the earlier balanced funds. Both the categories have their own merits, and both are eligible for equity-related taxation, but the difference is that aggressive hybrid funds have conventional equity exposure, while BAFs may have a lower net exposure to equity & might offer more stable returns pertaining to risk they are taking.
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8 Best Balanced Advantage Mutual Funds for Investments in India 2023 - 2024
(Erstwhile HDFC Growth Fund and HDFC Prudence Fund) Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. HDFC Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 11 Sep 00. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Balanced Advantage Fund Returns up to 1 year are on The primary objective of the Scheme is to generate long term growth of capital and income distribution with relatively lower volatility by investing in a dynamically balanced portfolio of Equity & Equity linked investments and fixed-income securities. Aditya Birla Sun Life Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 25 Apr 00. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Balanced Advantage Fund Returns up to 1 year are on The fund objective is to seek low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio.The fund invests in equity with usage of derivatives. ICICI Prudential Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 30 Dec 06. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Balanced Advantage Fund Returns up to 1 year are on (Erstwhile Reliance NRI Equity Fund) The investment objective of the Scheme is to generate optimal returns by investing in equity or equity related instruments primarily drawn from the Companies in the S&P BSE 200 Index. The Scheme may also invest in listed
companies that are in the top 200 by market capitalization on the BSE. The Scheme may also invest in large IPO’s where the market capitalization of the Company making the IPO based on the Issue price would make such company to be a part of the top 200 companies listed on the BSE based on market capitalization. The fund will have the flexibility to invest in a broad range of companies with an objective to maximize the returns, at the same time trying to minimize the risk by reasonable diversification. The selection of the companies will be done so as to capture the growth in the Indian economy. The fund will be focusing on companies with relatively higher market capitalization and having good liquidity in the stock market. Nippon India Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 15 Nov 04. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Balanced Advantage Fund Returns up to 1 year are on The investment objective of the Scheme is to generate long-term capital growth from a focused portfolio of predominantly equity and equity-related securities. Invesco India Dynamic Equity Fund is a Hybrid - Dynamic Allocation fund was launched on 4 Oct 07. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Dynamic Equity Fund Returns up to 1 year are on (Erstwhile Edelweiss Dynamic Equity Advantage Fund) The primary objective of the scheme will be to generate absolute returns with low volatility over a longer tenure of time. The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments. The Scheme proposes to allocate assets to both equity and debt markets based upon the market view. However there is no assurance that the investment objective of the scheme will be realized. Edelweiss Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 20 Aug 09. It is a fund with Moderately High risk and has given a Below is the key information for Edelweiss Balanced Advantage Fund Returns up to 1 year are on The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt /money market instruments for defensive purposes. The Scheme will decide on allocation of funds into equity assets based on equity market Price Earning Ratio (PE Ratio) levels. When the markets become expensive in terms of ‘Price to Earnings’ Ratio; the Scheme will reduce its allocation to equities and move assets into debt and/or money market instruments and vice versa. Principal Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 16 Dec 10. It is a fund with Moderately High risk and has given a Below is the key information for Principal Balanced Advantage Fund Returns up to 1 year are on To seek to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets. L&T Dynamic Equity Fund is a Hybrid - Dynamic Allocation fund was launched on 7 Feb 11. It is a fund with Moderately High risk and has given a Below is the key information for L&T Dynamic Equity Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) HDFC Balanced Advantage Fund Growth ₹343.868
↑ 1.52 ₹54,413 5.4 4.6 20.5 26.6 13.4 18.8 Aditya Birla Sun Life Balanced Advantage Fund Growth ₹79.39
↑ 0.30 ₹6,357 5.2 3.4 12.7 15.4 9.6 4.2 ICICI Prudential Balanced Advantage Fund Growth ₹54.91
↑ 0.19 ₹45,584 3.9 3.6 11.8 16.1 10.4 7.9 Nippon India Balanced Advantage Fund Growth ₹131.846
↑ 0.53 ₹6,712 4.8 2 11.3 15.2 9 5.1 Invesco India Dynamic Equity Fund Growth ₹39.84
↑ 0.21 ₹613 5.5 2.8 13.3 12.5 6.9 4.1 Edelweiss Balanced Advantage Fund Growth ₹38.49
↑ 0.26 ₹8,907 5.4 3.3 12.5 16.2 11.1 2.1 Principal Balanced Advantage Fund Growth ₹27.0984
↑ 0.11 ₹1,551 3.8 0.6 11.1 10 6.3 5.7 L&T Dynamic Equity Fund Growth ₹32.9725
↑ 0.11 ₹1,483 4.4 3.8 9.6 9.5 7.1 1.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 7 Jun 23 1. HDFC Balanced Advantage Fund
CAGR/Annualized return of 18% since its launch. Ranked 23 in Dynamic Allocation category. Return for 2022 was 18.8% , 2021 was 26.4% and 2020 was 7.6% . HDFC Balanced Advantage Fund
Growth Launch Date 11 Sep 00 NAV (07 Jun 23) ₹343.868 ↑ 1.52 (0.45 %) Net Assets (Cr) ₹54,413 on 30 Apr 23 Category Hybrid - Dynamic Allocation AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.63 Sharpe Ratio 0.84 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹11,182 31 May 20 ₹8,724 31 May 21 ₹13,801 31 May 22 ₹15,579 31 May 23 ₹18,493 Returns for HDFC Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 2.5% 3 Month 5.4% 6 Month 4.6% 1 Year 20.5% 3 Year 26.6% 5 Year 13.4% 10 Year 15 Year Since launch 18% Historical performance (Yearly) on absolute basis
Year Returns 2022 18.8% 2021 26.4% 2020 7.6% 2019 6.9% 2018 -3.1% 2017 27.9% 2016 9.4% 2015 0.3% 2014 51.8% 2013 2.1% Fund Manager information for HDFC Balanced Advantage Fund
Name Since Tenure Anil Bamboli 29 Jul 22 0.76 Yr. Gopal Agrawal 29 Jul 22 0.76 Yr. Arun Agarwal 6 Oct 22 0.57 Yr. Srinivasan Ramamurthy 29 Jul 22 0.76 Yr. Priya Ranjan 1 May 22 1 Yr. Nirman Morakhia 15 Feb 23 0.21 Yr. Data below for HDFC Balanced Advantage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 6.7% Equity 69.34% Debt 23.96% Equity Sector Allocation
Sector Value Financial Services 26.86% Industrials 8.79% Energy 8.71% Utility 5.52% Technology 4.25% Consumer Defensive 3.81% Consumer Cyclical 3.1% Health Care 3.06% Communication Services 1.78% Real Estate 1.5% Basic Materials 1.41% Debt Sector Allocation
Sector Value Government 18.83% Corporate 6.44% Cash Equivalent 5.39% Credit Quality
Rating Value AA 5.33% AAA 94.67% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38% Govt Stock 2027
Sovereign Bonds | -5% ₹2,758 Cr 272,081,800 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK5% ₹2,622 Cr 15,536,849 State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN4% ₹2,441 Cr 42,214,771 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹2,432 Cr 26,507,424 Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | 5332784% ₹2,288 Cr 98,170,711 ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC4% ₹1,957 Cr 45,976,926 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Aug 16 | NTPC3% ₹1,778 Cr 103,391,008 7.1% Govt Stock 2029
Sovereign Bonds | -3% ₹1,568 Cr 156,500,000 7.93% Govt Stock 2034
Sovereign Bonds | -3% ₹1,467 Cr 150,000,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE3% ₹1,461 Cr 6,037,433 2. Aditya Birla Sun Life Balanced Advantage Fund
CAGR/Annualized return of since its launch. Ranked 19 in Dynamic Allocation category. Return for 2022 was 4.2% , 2021 was 13.4% and 2020 was 15.4% . Aditya Birla Sun Life Balanced Advantage Fund
Growth Launch Date 25 Apr 00 NAV (07 Jun 23) ₹79.39 ↑ 0.30 (0.38 %) Net Assets (Cr) ₹6,357 on 30 Apr 23 Category Hybrid - Dynamic Allocation AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.88 Sharpe Ratio 0.12 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,692 31 May 20 ₹9,849 31 May 21 ₹13,669 31 May 22 ₹14,130 31 May 23 ₹15,639 Returns for Aditya Birla Sun Life Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 3.4% 3 Month 5.2% 6 Month 3.4% 1 Year 12.7% 3 Year 15.4% 5 Year 9.6% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 13.4% 2020 15.4% 2019 8.1% 2018 0.7% 2017 15.2% 2016 16.3% 2015 3.6% 2014 27.7% 2013 5.9% Fund Manager information for Aditya Birla Sun Life Balanced Advantage Fund
Name Since Tenure Lovelish Solanki 9 Oct 19 3.56 Yr. Mohit Sharma 1 Apr 17 6.08 Yr. Vishal Gajwani 1 Apr 22 1.08 Yr. Data below for Aditya Birla Sun Life Balanced Advantage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 20.97% Equity 57.38% Debt 21.65% Equity Sector Allocation
Sector Value Financial Services 24.18% Energy 7.45% Consumer Defensive 6.2% Consumer Cyclical 6.14% Technology 6.08% Industrials 5.86% Basic Materials 5.22% Health Care 3.46% Utility 2.24% Communication Services 1.77% Real Estate 0.72% Debt Sector Allocation
Sector Value Corporate 19.37% Cash Equivalent 18.55% Government 4.7% Securitized 0% Credit Quality
Rating Value AA 44.82% AAA 55.18% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 18 | RELIANCE6% ₹374 Cr 1,546,500 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹334 Cr 3,637,762 Nifty_(25/05/2023)
- | -4% -₹278 Cr 153,700
↑ 153,700 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFCBANK4% ₹273 Cr 1,616,451
↑ 17,050 Reliance_(25/05/2023)
Derivatives | -3% -₹182 Cr 749,500
↑ 749,500 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 16 | HDFC3% ₹169 Cr 608,900 State Bank of India (Financial Services)
Equity, Since 31 Oct 20 | SBIN2% ₹156 Cr 2,692,002 Aditya BSL Money Mgr Dir Gr
Investment Fund | -2% ₹156 Cr 4,888,615 Infosys Ltd (Technology)
Equity, Since 31 Dec 07 | INFY2% ₹153 Cr 1,223,700 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322152% ₹140 Cr 1,626,050 3. ICICI Prudential Balanced Advantage Fund
CAGR/Annualized return of 10.9% since its launch. Ranked 18 in Dynamic Allocation category. Return for 2022 was 7.9% , 2021 was 15.1% and 2020 was 11.7% . ICICI Prudential Balanced Advantage Fund
Growth Launch Date 30 Dec 06 NAV (07 Jun 23) ₹54.91 ↑ 0.19 (0.35 %) Net Assets (Cr) ₹45,584 on 30 Apr 23 Category Hybrid - Dynamic Allocation AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio 0.39 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-18 Months (1%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,734 31 May 20 ₹9,944 31 May 21 ₹13,627 31 May 22 ₹14,691 31 May 23 ₹16,185 Returns for ICICI Prudential Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 2.1% 3 Month 3.9% 6 Month 3.6% 1 Year 11.8% 3 Year 16.1% 5 Year 10.4% 10 Year 15 Year Since launch 10.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 7.9% 2021 15.1% 2020 11.7% 2019 10.8% 2018 2.4% 2017 19% 2016 7.3% 2015 6.7% 2014 29% 2013 10.9% Fund Manager information for ICICI Prudential Balanced Advantage Fund
Name Since Tenure Sankaran Naren 14 Jul 17 5.8 Yr. Rajat Chandak 7 Sep 15 7.65 Yr. Manish Banthia 18 Nov 09 13.46 Yr. Ihab Dalwai 29 Jan 18 5.25 Yr. Ritesh Lunawat 29 Dec 20 2.34 Yr. Sri Sharma 30 Apr 21 2 Yr. Sharmila D’mello 31 Jul 22 0.75 Yr. Data below for ICICI Prudential Balanced Advantage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 34.49% Equity 43.28% Debt 22.23% Equity Sector Allocation
Sector Value Financial Services 21.42% Consumer Cyclical 9.91% Energy 7.76% Technology 6.59% Consumer Defensive 6.04% Industrials 3.89% Basic Materials 3.57% Communication Services 3.29% Health Care 2.99% Utility 1.89% Real Estate 0.11% Debt Sector Allocation
Sector Value Cash Equivalent 32.44% Government 15.24% Corporate 6.48% Securitized 2.57% Credit Quality
Rating Value A 2.42% AA 13.62% AAA 83.97% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE6% ₹2,708 Cr 11,186,089
↓ -42,431 8.51% Govt Stock 2033
Sovereign Bonds | -6% ₹2,571 Cr 257,450,350 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK5% ₹2,207 Cr 24,049,605 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK4% ₹1,793 Cr 10,626,077
↓ -781,000 7.93% Govt Stock 2034
Sovereign Bonds | -4% ₹1,770 Cr 180,976,540 Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY4% ₹1,702 Cr 13,587,911
↑ 400,000 Nifty 50 Index
- | -3% -₹1,502 Cr 829,200
↑ 829,200 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC3% ₹1,167 Cr 4,203,875
↓ -300,000 TVS Motor Co Ltd Shs Dematerialised (Consumer Cyclical)
Equity, Since 30 Sep 16 | TVSMOTOR3% ₹1,166 Cr 10,246,187
↑ 400,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 15 | BHARTIARTL3% ₹1,153 Cr 14,421,239 4. Nippon India Balanced Advantage Fund
CAGR/Annualized return of 14.9% since its launch. Ranked 46 in Dynamic Allocation category. Return for 2022 was 5.1% , 2021 was 15.7% and 2020 was 11.2% . Nippon India Balanced Advantage Fund
Growth Launch Date 15 Nov 04 NAV (07 Jun 23) ₹131.846 ↑ 0.53 (0.40 %) Net Assets (Cr) ₹6,712 on 30 Apr 23 Category Hybrid - Dynamic Allocation AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 2.06 Sharpe Ratio 0.06 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,775 31 May 20 ₹9,683 31 May 21 ₹13,260 31 May 22 ₹13,868 31 May 23 ₹15,215 Returns for Nippon India Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 2.9% 3 Month 4.8% 6 Month 2% 1 Year 11.3% 3 Year 15.2% 5 Year 9% 10 Year 15 Year Since launch 14.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.1% 2021 15.7% 2020 11.2% 2019 8.3% 2018 0.4% 2017 25.2% 2016 6.4% 2015 0.9% 2014 38.4% 2013 4.6% Fund Manager information for Nippon India Balanced Advantage Fund
Name Since Tenure Ashutosh Bhargava 7 May 18 4.99 Yr. Kinjal Desai 25 May 18 4.94 Yr. Amar Kalkundrikar 20 Oct 20 2.53 Yr. Sushil Budhia 31 Mar 21 2.08 Yr. Akshay Sharma 1 Dec 22 0.41 Yr. Data below for Nippon India Balanced Advantage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 15.91% Equity 56.63% Debt 27.47% Equity Sector Allocation
Sector Value Financial Services 24.51% Industrials 8.63% Consumer Defensive 8.4% Consumer Cyclical 5.65% Technology 5.45% Health Care 4.16% Energy 3.45% Basic Materials 3.01% Utility 2.75% Communication Services 2.68% Real Estate 0.01% Debt Sector Allocation
Sector Value Corporate 16.61% Cash Equivalent 15.91% Government 10.86% Credit Quality
Rating Value AA 20.81% AAA 79.19% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK7% ₹466 Cr 2,759,813
↑ 50,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK7% ₹460 Cr 5,015,426
↓ -175,000 State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN4% ₹250 Cr 4,317,992 Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY3% ₹232 Cr 1,852,950
↑ 60,000 ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC3% ₹188 Cr 4,412,313 Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE3% ₹183 Cr 756,745 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LT3% ₹182 Cr 771,850 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322153% ₹172 Cr 1,994,434 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | BHARTIARTL2% ₹158 Cr 1,977,434 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Mar 21 | NTPC2% ₹128 Cr 7,419,300 5. Invesco India Dynamic Equity Fund
CAGR/Annualized return of 9.2% since its launch. Ranked 55 in Dynamic Allocation category. Return for 2022 was 4.1% , 2021 was 13.1% and 2020 was 7.8% . Invesco India Dynamic Equity Fund
Growth Launch Date 4 Oct 07 NAV (07 Jun 23) ₹39.84 ↑ 0.21 (0.53 %) Net Assets (Cr) ₹613 on 30 Apr 23 Category Hybrid - Dynamic Allocation AMC Invesco Asset Management (India) Private Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.35 Sharpe Ratio 0.14 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,258 31 May 20 ₹9,410 31 May 21 ₹12,224 31 May 22 ₹12,367 31 May 23 ₹13,771 Returns for Invesco India Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 3.2% 3 Month 5.5% 6 Month 2.8% 1 Year 13.3% 3 Year 12.5% 5 Year 6.9% 10 Year 15 Year Since launch 9.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.1% 2021 13.1% 2020 7.8% 2019 9.1% 2018 -4.6% 2017 30.5% 2016 2.7% 2015 5.5% 2014 25.4% 2013 19.3% Fund Manager information for Invesco India Dynamic Equity Fund
Name Since Tenure Amit Ganatra 1 Sep 22 0.66 Yr. Dhimant Kothari 1 Sep 22 0.66 Yr. Data below for Invesco India Dynamic Equity Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 21.27% Equity 69.35% Debt 9.37% Equity Sector Allocation
Sector Value Financial Services 22.23% Technology 9.89% Industrials 8.58% Consumer Cyclical 5.67% Health Care 5.52% Consumer Defensive 4.97% Utility 4.43% Basic Materials 4.18% Energy 3.61% Communication Services 1.08% Real Estate 0.76% Debt Sector Allocation
Sector Value Cash Equivalent 18.38% Government 9.85% Corporate 2.41% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Invesco India Money Market Dir Gr
Investment Fund | -7% ₹44 Cr 164,551 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 09 | HDFCBANK7% ₹44 Cr 260,440
↑ 18,853 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK7% ₹44 Cr 477,184 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 22 | TCS5% ₹33 Cr 103,578
↑ 9,157 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 21 | LT4% ₹23 Cr 95,206 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 21 | RELIANCE4% ₹22 Cr 91,451
↑ 12,856 7.26% Govt Stock 2029
Sovereign Bonds | -3% ₹20 Cr 2,000,000 5.63% Govt Stock 2026
Sovereign Bonds | -3% ₹19 Cr 2,000,000 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 May 22 | NTPC3% ₹18 Cr 1,018,687 State Bank of India (Financial Services)
Equity, Since 31 Jul 21 | SBIN3% ₹17 Cr 294,058 6. Edelweiss Balanced Advantage Fund
CAGR/Annualized return of 10.3% since its launch. Ranked 26 in Dynamic Allocation category. Return for 2022 was 2.1% , 2021 was 18.8% and 2020 was 22.6% . Edelweiss Balanced Advantage Fund
Growth Launch Date 20 Aug 09 NAV (07 Jun 23) ₹38.49 ↑ 0.26 (0.68 %) Net Assets (Cr) ₹8,907 on 30 Apr 23 Category Hybrid - Dynamic Allocation AMC Edelweiss Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.86 Sharpe Ratio -0.1 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,547 31 May 20 ₹10,311 31 May 21 ₹14,396 31 May 22 ₹15,114 31 May 23 ₹16,673 Returns for Edelweiss Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 3.8% 3 Month 5.4% 6 Month 3.3% 1 Year 12.5% 3 Year 16.2% 5 Year 11.1% 10 Year 15 Year Since launch 10.3% Historical performance (Yearly) on absolute basis
Year Returns 2022 2.1% 2021 18.8% 2020 22.6% 2019 7.8% 2018 1.9% 2017 23.9% 2016 -1.5% 2015 3.7% 2014 29% 2013 9.4% Fund Manager information for Edelweiss Balanced Advantage Fund
Name Since Tenure Bhavesh Jain 3 Aug 15 7.75 Yr. Bharat Lahoti 18 Sep 17 5.62 Yr. Rahul Dedhia 23 Nov 21 1.43 Yr. Data below for Edelweiss Balanced Advantage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 8.17% Equity 76.22% Debt 15.61% Equity Sector Allocation
Sector Value Financial Services 28.55% Consumer Cyclical 7.84% Technology 7.69% Consumer Defensive 7.64% Energy 6.92% Industrials 5.32% Basic Materials 5.17% Health Care 3.62% Utility 2.75% Communication Services 2.21% Real Estate 0.74% Debt Sector Allocation
Sector Value Government 8.59% Cash Equivalent 8.17% Corporate 7.03% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK6% ₹492 Cr 5,359,071 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE5% ₹486 Cr 2,008,518 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK4% ₹338 Cr 2,002,929
↓ -264,726 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC4% ₹329 Cr 1,184,008
↑ 139,575 ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Jul 15 | ITC4% ₹328 Cr 7,701,930 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | AXISBANK4% ₹327 Cr 3,800,000 Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY3% ₹245 Cr 1,953,176 State Bank of India (Financial Services)
Equity, Since 31 Jan 17 | SBIN2% ₹218 Cr 3,777,767 Rural Electrification Corporation Limited
Debentures | -2% ₹175 Cr 17,500,000
↑ 17,500,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL2% ₹175 Cr 2,186,339 7. Principal Balanced Advantage Fund
CAGR/Annualized return of 8.3% since its launch. Return for 2022 was 5.7% , 2021 was 10.9% and 2020 was 10% . Principal Balanced Advantage Fund
Growth Launch Date 16 Dec 10 NAV (07 Jun 23) ₹27.0984 ↑ 0.11 (0.42 %) Net Assets (Cr) ₹1,551 on 30 Apr 23 Category Hybrid - Dynamic Allocation AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 2.24 Sharpe Ratio -0.06 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (2%),1-2 Years (1%),2 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,474 31 May 20 ₹9,900 31 May 21 ₹11,897 31 May 22 ₹12,236 31 May 23 ₹13,439 Returns for Principal Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 2.6% 3 Month 3.8% 6 Month 0.6% 1 Year 11.1% 3 Year 10% 5 Year 6.3% 10 Year 15 Year Since launch 8.3% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.7% 2021 10.9% 2020 10% 2019 1% 2018 3.2% 2017 13.1% 2016 4.5% 2015 3.4% 2014 34.1% 2013 5.4% Fund Manager information for Principal Balanced Advantage Fund
Name Since Tenure Dwijendra Srivastava 1 Jan 22 1.33 Yr. Ravi Gopalakrishnan 16 May 22 0.96 Yr. S. Bharath 1 Jan 22 1.33 Yr. Data below for Principal Balanced Advantage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 22.93% Equity 54.72% Debt 22.35% Equity Sector Allocation
Sector Value Financial Services 30.21% Consumer Cyclical 7.67% Consumer Defensive 7.21% Technology 6.09% Energy 5.07% Basic Materials 4.68% Industrials 4.02% Health Care 2.6% Communication Services 1.42% Utility 1.29% Real Estate 0.42% Debt Sector Allocation
Sector Value Cash Equivalent 22.93% Government 14% Corporate 5.8% Securitized 2.55% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | HDFCBANK9% ₹136 Cr 807,300 Nifty May 2023
- | -7% -₹113 Cr 62,250
↑ 62,250 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | ICICIBANK6% ₹100 Cr 1,092,125
↑ 23,125 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 10 | RELIANCE5% ₹79 Cr 325,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | INFY4% ₹54 Cr 435,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFC3% ₹51 Cr 185,100 182 DTB 22062023
Sovereign Bonds | -3% ₹50 Cr 5,000,000 Hdfc Bank Limited May 2023
Derivatives | -3% -₹49 Cr 292,050
↑ 292,050 State Bank of India (Financial Services)
Equity, Since 31 Dec 10 | SBIN3% ₹43 Cr 740,000 7.38% Govt Stock 2027
Sovereign Bonds | -3% ₹41 Cr 4,000,000 8. L&T Dynamic Equity Fund
CAGR/Annualized return of 10.2% since its launch. Ranked 28 in Dynamic Allocation category. Return for 2022 was 1.8% , 2021 was 8.4% and 2020 was 12.8% . L&T Dynamic Equity Fund
Growth Launch Date 7 Feb 11 NAV (07 Jun 23) ₹32.9725 ↑ 0.11 (0.34 %) Net Assets (Cr) ₹1,483 on 30 Apr 23 Category Hybrid - Dynamic Allocation AMC L&T Investment Management Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.09 Sharpe Ratio -0.12 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,447 31 May 20 ₹10,349 31 May 21 ₹12,525 31 May 22 ₹12,850 31 May 23 ₹13,954 Returns for L&T Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 2% 3 Month 4.4% 6 Month 3.8% 1 Year 9.6% 3 Year 9.5% 5 Year 7.1% 10 Year 15 Year Since launch 10.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 1.8% 2021 8.4% 2020 12.8% 2019 8.2% 2018 3.4% 2017 11.4% 2016 1.9% 2015 3.8% 2014 49.7% 2013 7.2% Fund Manager information for L&T Dynamic Equity Fund
Name Since Tenure Ritesh Jain 26 Nov 22 0.42 Yr. Neelotpal Sahai 26 Nov 22 0.42 Yr. Data below for L&T Dynamic Equity Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 23.38% Equity 53.37% Debt 23.25% Equity Sector Allocation
Sector Value Financial Services 17.06% Health Care 8.06% Consumer Defensive 7.77% Energy 5.42% Industrials 5.1% Basic Materials 4.95% Real Estate 4.95% Technology 4.78% Consumer Cyclical 3.92% Utility 2.58% Communication Services 2.22% Debt Sector Allocation
Sector Value Cash Equivalent 21.48% Government 14.43% Corporate 10.72% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 5.15% Govt Stock 2025
Sovereign Bonds | -5% ₹74 Cr 7,500,000 5.22% Govt Stock 2025
Sovereign Bonds | -4% ₹64 Cr 6,501,000
↓ -3,500,000 DLF Ltd (Real Estate)
Equity, Since 31 Mar 21 | DLF4% ₹64 Cr 1,503,150
↓ -70,950 Future on DLF Ltd
Derivatives | -4% -₹64 Cr Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE4% ₹54 Cr 225,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK3% ₹50 Cr 550,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹50 Cr 500 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFCBANK3% ₹42 Cr 250,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY3% ₹38 Cr 300,000 Housing Development Finance Corporation Ltd
Debentures | -2% ₹30 Cr 300
↓ -200
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Informative . Comparison has been shown nicely in small space.