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8 Best Balanced Advantage Mutual Funds 2023

Updated on June 5, 2023 , 164912 views

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.

Best Balanced Advantage Funds

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.

Balanced Advantage Funds

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

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2022 (%)
HDFC Balanced Advantage Fund Growth ₹343.868
↑ 1.52
₹54,4135.44.620.526.613.418.8
Aditya Birla Sun Life Balanced Advantage Fund Growth ₹79.39
↑ 0.30
₹6,3575.23.412.715.49.64.2
ICICI Prudential Balanced Advantage Fund Growth ₹54.91
↑ 0.19
₹45,5843.93.611.816.110.47.9
Nippon India Balanced Advantage Fund Growth ₹131.846
↑ 0.53
₹6,7124.8211.315.295.1
Invesco India Dynamic Equity Fund Growth ₹39.84
↑ 0.21
₹6135.52.813.312.56.94.1
Edelweiss Balanced Advantage Fund Growth ₹38.49
↑ 0.26
₹8,9075.43.312.516.211.12.1
Principal Balanced Advantage Fund Growth ₹27.0984
↑ 0.11
₹1,5513.80.611.1106.35.7
L&T Dynamic Equity Fund Growth ₹32.9725
↑ 0.11
₹1,4834.43.89.69.57.11.8
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

(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 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% .

Below is the key information for HDFC Balanced Advantage Fund

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.

DateValue
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

HDFC Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for HDFC Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Anil Bamboli29 Jul 220.76 Yr.
Gopal Agrawal29 Jul 220.76 Yr.
Arun Agarwal6 Oct 220.57 Yr.
Srinivasan Ramamurthy29 Jul 220.76 Yr.
Priya Ranjan1 May 221 Yr.
Nirman Morakhia15 Feb 230.21 Yr.

Data below for HDFC Balanced Advantage Fund as on 30 Apr 23

Asset Allocation
Asset ClassValue
Cash6.7%
Equity69.34%
Debt23.96%
Equity Sector Allocation
SectorValue
Financial Services26.86%
Industrials8.79%
Energy8.71%
Utility5.52%
Technology4.25%
Consumer Defensive3.81%
Consumer Cyclical3.1%
Health Care3.06%
Communication Services1.78%
Real Estate1.5%
Basic Materials1.41%
Debt Sector Allocation
SectorValue
Government18.83%
Corporate6.44%
Cash Equivalent5.39%
Credit Quality
RatingValue
AA5.33%
AAA94.67%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
5%₹2,758 Cr272,081,800
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK
5%₹2,622 Cr15,536,849
State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN
4%₹2,441 Cr42,214,771
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
4%₹2,432 Cr26,507,424
Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | 533278
4%₹2,288 Cr98,170,711
ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC
4%₹1,957 Cr45,976,926
NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Aug 16 | NTPC
3%₹1,778 Cr103,391,008
7.1% Govt Stock 2029
Sovereign Bonds | -
3%₹1,568 Cr156,500,000
7.93% Govt Stock 2034
Sovereign Bonds | -
3%₹1,467 Cr150,000,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
3%₹1,461 Cr6,037,433

2. Aditya Birla Sun Life Balanced Advantage Fund

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 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% .

Below is the key information for Aditya Birla Sun Life Balanced Advantage Fund

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.

DateValue
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

Aditya Birla Sun Life Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Aditya Birla Sun Life Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Lovelish Solanki9 Oct 193.56 Yr.
Mohit Sharma1 Apr 176.08 Yr.
Vishal Gajwani1 Apr 221.08 Yr.

Data below for Aditya Birla Sun Life Balanced Advantage Fund as on 30 Apr 23

Asset Allocation
Asset ClassValue
Cash20.97%
Equity57.38%
Debt21.65%
Equity Sector Allocation
SectorValue
Financial Services24.18%
Energy7.45%
Consumer Defensive6.2%
Consumer Cyclical6.14%
Technology6.08%
Industrials5.86%
Basic Materials5.22%
Health Care3.46%
Utility2.24%
Communication Services1.77%
Real Estate0.72%
Debt Sector Allocation
SectorValue
Corporate19.37%
Cash Equivalent18.55%
Government4.7%
Securitized0%
Credit Quality
RatingValue
AA44.82%
AAA55.18%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 18 | RELIANCE
6%₹374 Cr1,546,500
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹334 Cr3,637,762
Nifty_(25/05/2023)
- | -
4%-₹278 Cr153,700
↑ 153,700
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFCBANK
4%₹273 Cr1,616,451
↑ 17,050
Reliance_(25/05/2023)
Derivatives | -
3%-₹182 Cr749,500
↑ 749,500
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 16 | HDFC
3%₹169 Cr608,900
State Bank of India (Financial Services)
Equity, Since 31 Oct 20 | SBIN
2%₹156 Cr2,692,002
Aditya BSL Money Mgr Dir Gr
Investment Fund | -
2%₹156 Cr4,888,615
Infosys Ltd (Technology)
Equity, Since 31 Dec 07 | INFY
2%₹153 Cr1,223,700
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
2%₹140 Cr1,626,050

3. ICICI Prudential Balanced Advantage Fund

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 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% .

Below is the key information for ICICI Prudential Balanced Advantage Fund

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.

DateValue
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

ICICI Prudential Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for ICICI Prudential Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Sankaran Naren14 Jul 175.8 Yr.
Rajat Chandak7 Sep 157.65 Yr.
Manish Banthia18 Nov 0913.46 Yr.
Ihab Dalwai29 Jan 185.25 Yr.
Ritesh Lunawat29 Dec 202.34 Yr.
Sri Sharma30 Apr 212 Yr.
Sharmila D’mello31 Jul 220.75 Yr.

Data below for ICICI Prudential Balanced Advantage Fund as on 30 Apr 23

Asset Allocation
Asset ClassValue
Cash34.49%
Equity43.28%
Debt22.23%
Equity Sector Allocation
SectorValue
Financial Services21.42%
Consumer Cyclical9.91%
Energy7.76%
Technology6.59%
Consumer Defensive6.04%
Industrials3.89%
Basic Materials3.57%
Communication Services3.29%
Health Care2.99%
Utility1.89%
Real Estate0.11%
Debt Sector Allocation
SectorValue
Cash Equivalent32.44%
Government15.24%
Corporate6.48%
Securitized2.57%
Credit Quality
RatingValue
A2.42%
AA13.62%
AAA83.97%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE
6%₹2,708 Cr11,186,089
↓ -42,431
8.51% Govt Stock 2033
Sovereign Bonds | -
6%₹2,571 Cr257,450,350
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
5%₹2,207 Cr24,049,605
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
4%₹1,793 Cr10,626,077
↓ -781,000
7.93% Govt Stock 2034
Sovereign Bonds | -
4%₹1,770 Cr180,976,540
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
4%₹1,702 Cr13,587,911
↑ 400,000
Nifty 50 Index
- | -
3%-₹1,502 Cr829,200
↑ 829,200
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC
3%₹1,167 Cr4,203,875
↓ -300,000
TVS Motor Co Ltd Shs Dematerialised (Consumer Cyclical)
Equity, Since 30 Sep 16 | TVSMOTOR
3%₹1,166 Cr10,246,187
↑ 400,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 15 | BHARTIARTL
3%₹1,153 Cr14,421,239

4. Nippon India Balanced Advantage Fund

(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 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% .

Below is the key information for Nippon India Balanced Advantage Fund

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.

DateValue
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

Nippon India Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Nippon India Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Ashutosh Bhargava7 May 184.99 Yr.
Kinjal Desai25 May 184.94 Yr.
Amar Kalkundrikar20 Oct 202.53 Yr.
Sushil Budhia31 Mar 212.08 Yr.
Akshay Sharma1 Dec 220.41 Yr.

Data below for Nippon India Balanced Advantage Fund as on 30 Apr 23

Asset Allocation
Asset ClassValue
Cash15.91%
Equity56.63%
Debt27.47%
Equity Sector Allocation
SectorValue
Financial Services24.51%
Industrials8.63%
Consumer Defensive8.4%
Consumer Cyclical5.65%
Technology5.45%
Health Care4.16%
Energy3.45%
Basic Materials3.01%
Utility2.75%
Communication Services2.68%
Real Estate0.01%
Debt Sector Allocation
SectorValue
Corporate16.61%
Cash Equivalent15.91%
Government10.86%
Credit Quality
RatingValue
AA20.81%
AAA79.19%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK
7%₹466 Cr2,759,813
↑ 50,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
7%₹460 Cr5,015,426
↓ -175,000
State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN
4%₹250 Cr4,317,992
Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY
3%₹232 Cr1,852,950
↑ 60,000
ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC
3%₹188 Cr4,412,313
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
3%₹183 Cr756,745
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LT
3%₹182 Cr771,850
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
3%₹172 Cr1,994,434
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | BHARTIARTL
2%₹158 Cr1,977,434
NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Mar 21 | NTPC
2%₹128 Cr7,419,300

5. Invesco India Dynamic Equity Fund

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 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% .

Below is the key information for Invesco India Dynamic Equity Fund

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.

DateValue
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

Invesco India Dynamic Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for Invesco India Dynamic Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Amit Ganatra1 Sep 220.66 Yr.
Dhimant Kothari1 Sep 220.66 Yr.

Data below for Invesco India Dynamic Equity Fund as on 30 Apr 23

Asset Allocation
Asset ClassValue
Cash21.27%
Equity69.35%
Debt9.37%
Equity Sector Allocation
SectorValue
Financial Services22.23%
Technology9.89%
Industrials8.58%
Consumer Cyclical5.67%
Health Care5.52%
Consumer Defensive4.97%
Utility4.43%
Basic Materials4.18%
Energy3.61%
Communication Services1.08%
Real Estate0.76%
Debt Sector Allocation
SectorValue
Cash Equivalent18.38%
Government9.85%
Corporate2.41%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Invesco India Money Market Dir Gr
Investment Fund | -
7%₹44 Cr164,551
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 09 | HDFCBANK
7%₹44 Cr260,440
↑ 18,853
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
7%₹44 Cr477,184
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 22 | TCS
5%₹33 Cr103,578
↑ 9,157
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 21 | LT
4%₹23 Cr95,206
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 21 | RELIANCE
4%₹22 Cr91,451
↑ 12,856
7.26% Govt Stock 2029
Sovereign Bonds | -
3%₹20 Cr2,000,000
5.63% Govt Stock 2026
Sovereign Bonds | -
3%₹19 Cr2,000,000
NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 May 22 | NTPC
3%₹18 Cr1,018,687
State Bank of India (Financial Services)
Equity, Since 31 Jul 21 | SBIN
3%₹17 Cr294,058

6. Edelweiss Balanced Advantage Fund

(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 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% .

Below is the key information for Edelweiss Balanced Advantage Fund

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.

DateValue
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

Edelweiss Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for Edelweiss Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Bhavesh Jain3 Aug 157.75 Yr.
Bharat Lahoti18 Sep 175.62 Yr.
Rahul Dedhia23 Nov 211.43 Yr.

Data below for Edelweiss Balanced Advantage Fund as on 30 Apr 23

Asset Allocation
Asset ClassValue
Cash8.17%
Equity76.22%
Debt15.61%
Equity Sector Allocation
SectorValue
Financial Services28.55%
Consumer Cyclical7.84%
Technology7.69%
Consumer Defensive7.64%
Energy6.92%
Industrials5.32%
Basic Materials5.17%
Health Care3.62%
Utility2.75%
Communication Services2.21%
Real Estate0.74%
Debt Sector Allocation
SectorValue
Government8.59%
Cash Equivalent8.17%
Corporate7.03%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK
6%₹492 Cr5,359,071
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
5%₹486 Cr2,008,518
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK
4%₹338 Cr2,002,929
↓ -264,726
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC
4%₹329 Cr1,184,008
↑ 139,575
ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Jul 15 | ITC
4%₹328 Cr7,701,930
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | AXISBANK
4%₹327 Cr3,800,000
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
3%₹245 Cr1,953,176
State Bank of India (Financial Services)
Equity, Since 31 Jan 17 | SBIN
2%₹218 Cr3,777,767
Rural Electrification Corporation Limited
Debentures | -
2%₹175 Cr17,500,000
↑ 17,500,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
2%₹175 Cr2,186,339

7. Principal Balanced Advantage Fund

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 CAGR/Annualized return of 8.3% since its launch.  Return for 2022 was 5.7% , 2021 was 10.9% and 2020 was 10% .

Below is the key information for Principal Balanced Advantage Fund

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.

DateValue
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

Principal Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for Principal Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Dwijendra Srivastava1 Jan 221.33 Yr.
Ravi Gopalakrishnan16 May 220.96 Yr.
S. Bharath1 Jan 221.33 Yr.

Data below for Principal Balanced Advantage Fund as on 30 Apr 23

Asset Allocation
Asset ClassValue
Cash22.93%
Equity54.72%
Debt22.35%
Equity Sector Allocation
SectorValue
Financial Services30.21%
Consumer Cyclical7.67%
Consumer Defensive7.21%
Technology6.09%
Energy5.07%
Basic Materials4.68%
Industrials4.02%
Health Care2.6%
Communication Services1.42%
Utility1.29%
Real Estate0.42%
Debt Sector Allocation
SectorValue
Cash Equivalent22.93%
Government14%
Corporate5.8%
Securitized2.55%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | HDFCBANK
9%₹136 Cr807,300
Nifty May 2023
- | -
7%-₹113 Cr62,250
↑ 62,250
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | ICICIBANK
6%₹100 Cr1,092,125
↑ 23,125
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 10 | RELIANCE
5%₹79 Cr325,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | INFY
4%₹54 Cr435,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFC
3%₹51 Cr185,100
182 DTB 22062023
Sovereign Bonds | -
3%₹50 Cr5,000,000
Hdfc Bank Limited May 2023
Derivatives | -
3%-₹49 Cr292,050
↑ 292,050
State Bank of India (Financial Services)
Equity, Since 31 Dec 10 | SBIN
3%₹43 Cr740,000
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹41 Cr4,000,000

8. L&T Dynamic Equity Fund

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 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% .

Below is the key information for L&T Dynamic Equity Fund

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.

DateValue
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

L&T Dynamic Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for L&T Dynamic Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Ritesh Jain26 Nov 220.42 Yr.
Neelotpal Sahai26 Nov 220.42 Yr.

Data below for L&T Dynamic Equity Fund as on 30 Apr 23

Asset Allocation
Asset ClassValue
Cash23.38%
Equity53.37%
Debt23.25%
Equity Sector Allocation
SectorValue
Financial Services17.06%
Health Care8.06%
Consumer Defensive7.77%
Energy5.42%
Industrials5.1%
Basic Materials4.95%
Real Estate4.95%
Technology4.78%
Consumer Cyclical3.92%
Utility2.58%
Communication Services2.22%
Debt Sector Allocation
SectorValue
Cash Equivalent21.48%
Government14.43%
Corporate10.72%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.15% Govt Stock 2025
Sovereign Bonds | -
5%₹74 Cr7,500,000
5.22% Govt Stock 2025
Sovereign Bonds | -
4%₹64 Cr6,501,000
↓ -3,500,000
DLF Ltd (Real Estate)
Equity, Since 31 Mar 21 | DLF
4%₹64 Cr1,503,150
↓ -70,950
Future on DLF Ltd
Derivatives | -
4%-₹64 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
4%₹54 Cr225,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
3%₹50 Cr550,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹50 Cr500
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFCBANK
3%₹42 Cr250,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
3%₹38 Cr300,000
Housing Development Finance Corporation Ltd
Debentures | -
2%₹30 Cr300
↓ -200

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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Ashoke kumar ghosh, posted on 9 Apr 21 8:31 PM

Informative . Comparison has been shown nicely in small space.

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