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 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 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 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 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 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 (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 Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) HDFC Balanced Advantage Fund Growth ₹320.852
↓ -4.18 ₹51,027 1.5 9.2 13.4 16.7 9.8 18.8 ICICI Prudential Balanced Advantage Fund Growth ₹52.42
↓ -0.27 ₹44,634 0.1 4.6 6.8 10.9 9.3 7.9 Nippon India Balanced Advantage Fund Growth ₹125.437
↓ -1.08 ₹6,772 -1 3.5 4.4 9.4 6.7 5.1 Aditya Birla Sun Life Balanced Advantage Fund Growth ₹74.94
↓ -0.58 ₹6,707 -0.1 4.4 4 10 7.9 4.2 Principal Balanced Advantage Fund Growth ₹25.9981
↓ -0.28 ₹1,593 -1 4.6 4.1 7.6 5.4 5.7 Invesco India Dynamic Equity Fund Growth ₹37.59
↓ -0.38 ₹637 -0.6 5.6 2.6 7.6 5.1 4.1 L&T Dynamic Equity Fund Growth ₹31.325
↓ -0.14 ₹1,661 0.3 3.4 2.5 7 6.4 1.8 Edelweiss Balanced Advantage Fund Growth ₹36.06
↓ -0.27 ₹8,962 -1 3.5 1.6 12.7 9.4 2.1 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Jan 23 1. HDFC Balanced Advantage Fund
CAGR/Annualized return of 17.9% 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 (27 Jan 23) ₹320.852 ↓ -4.18 (-1.29 %) Net Assets (Cr) ₹51,027 on 31 Dec 22 Category Hybrid - Dynamic Allocation AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.63 Sharpe Ratio 1.13 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 Dec 17 ₹10,000 31 Dec 18 ₹9,692 31 Dec 19 ₹10,359 31 Dec 20 ₹11,143 31 Dec 21 ₹14,081 31 Dec 22 ₹16,725 Returns for HDFC Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month -1% 3 Month 1.5% 6 Month 9.2% 1 Year 13.4% 3 Year 16.7% 5 Year 9.8% 10 Year 15 Year Since launch 17.9% 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 0.43 Yr. Gopal Agrawal 29 Jul 22 0.43 Yr. Arun Agarwal 6 Oct 22 0.24 Yr. Srinivasan Ramamurthy 29 Jul 22 0.43 Yr. Priya Ranjan 1 May 22 0.67 Yr. Data below for HDFC Balanced Advantage Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 5.96% Equity 72.97% Debt 21.06% Equity Sector Allocation
Sector Value Financial Services 28.29% Energy 9.07% Industrials 8.83% Utility 5.85% Technology 5.15% Health Care 3.39% Consumer Defensive 3.34% Consumer Cyclical 2.96% Communication Services 2.12% Real Estate 1.67% Basic Materials 1.65% Debt Sector Allocation
Sector Value Government 17.79% Cash Equivalent 5.42% Corporate 3.81% Credit Quality
Rating Value AA 5.59% AAA 94.41% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN6% ₹2,975 Cr 49,380,187
↓ -804,888 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK5% ₹2,626 Cr 16,324,149
↑ 307,450 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹2,563 Cr 26,895,848
↑ 1,419,848 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -5% ₹2,385 Cr 236,373,300
↑ 13,000,000 Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA4% ₹2,238 Cr 98,460,711 NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 5325554% ₹1,813 Cr 105,256,130
↑ 1,872,800 Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY3% ₹1,743 Cr 10,661,398
↑ 216,900 ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC3% ₹1,585 Cr 46,626,526
↑ 340,800 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFC3% ₹1,503 Cr 5,580,471
↑ 74,100 7.69 10/30/2034 12:00:00 Am
Sovereign Bonds | -3% ₹1,471 Cr 150,000,000 2. 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 (27 Jan 23) ₹52.42 ↓ -0.27 (-0.51 %) Net Assets (Cr) ₹44,634 on 31 Dec 22 Category Hybrid - Dynamic Allocation AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio 0.59 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 Dec 17 ₹10,000 31 Dec 18 ₹10,244 31 Dec 19 ₹11,350 31 Dec 20 ₹12,679 31 Dec 21 ₹14,598 31 Dec 22 ₹15,751 Returns for ICICI Prudential Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month -0.7% 3 Month 0.1% 6 Month 4.6% 1 Year 6.8% 3 Year 10.9% 5 Year 9.3% 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 5.47 Yr. Rajat Chandak 7 Sep 15 7.32 Yr. Manish Banthia 18 Nov 09 13.13 Yr. Ihab Dalwai 29 Jan 18 4.93 Yr. Ritesh Lunawat 29 Dec 20 2.01 Yr. Sri Sharma 30 Apr 21 1.67 Yr. Sharmila D’mello 31 Jul 22 0.42 Yr. Data below for ICICI Prudential Balanced Advantage Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 47.92% Equity 32.7% Debt 19.38% Equity Sector Allocation
Sector Value Financial Services 21.95% Consumer Cyclical 9.75% Technology 7.79% Energy 7.79% Consumer Defensive 5.68% Basic Materials 3.15% Health Care 3.15% Communication Services 3.08% Industrials 2.49% Utility 1.89% Real Estate 0.11% Debt Sector Allocation
Sector Value Cash Equivalent 46.83% Government 13.28% Corporate 5.06% Securitized 2.13% Credit Quality
Rating Value A 3.65% AA 11.33% AAA 85.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nifty 50 Index
- | -10% -₹4,242 Cr 2,247,300
↑ 2,247,300 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE6% ₹2,735 Cr 10,011,930
↓ -167,500 7.42 9/22/2033 12:00:00 Am
Sovereign Bonds | -6% ₹2,570 Cr 257,450,350 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK5% ₹2,166 Cr 22,729,505
↓ -534,875 Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY5% ₹2,042 Cr 12,487,911
↓ -369,600 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK4% ₹1,871 Cr 11,635,327 7.69 10/30/2034 12:00:00 Am
Sovereign Bonds | -4% ₹1,775 Cr 180,976,540 Future on Reliance Industries Ltd
Derivatives | -4% -₹1,639 Cr 5,965,750 Future on HDFC Bank Ltd
Derivatives | -3% -₹1,363 Cr 6,575,750
↑ 2,896,800 State Bank of India (Financial Services)
Equity, Since 31 Jan 14 | SBIN3% ₹1,330 Cr 22,076,687
↓ -435,000 3. 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 (27 Jan 23) ₹125.437 ↓ -1.08 (-0.85 %) Net Assets (Cr) ₹6,772 on 31 Dec 22 Category Hybrid - Dynamic Allocation AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 2.06 Sharpe Ratio 0.05 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 Dec 17 ₹10,000 31 Dec 18 ₹10,045 31 Dec 19 ₹10,874 31 Dec 20 ₹12,088 31 Dec 21 ₹13,987 31 Dec 22 ₹14,699 Returns for Nippon India Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month -1.6% 3 Month -1% 6 Month 3.5% 1 Year 4.4% 3 Year 9.4% 5 Year 6.7% 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 Manish Gunwani 7 May 18 4.66 Yr. Ashutosh Bhargava 7 May 18 4.66 Yr. Kinjal Desai 25 May 18 4.61 Yr. Amar Kalkundrikar 20 Oct 20 2.2 Yr. Sushil Budhia 31 Mar 21 1.76 Yr. Akshay Sharma 1 Dec 22 0.08 Yr. Data below for Nippon India Balanced Advantage Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 1.97% Equity 72.26% Debt 25.77% Equity Sector Allocation
Sector Value Financial Services 24.49% Industrials 7.01% Technology 6.78% Consumer Defensive 6.19% Consumer Cyclical 5.9% Health Care 4.92% Basic Materials 3.75% Energy 3.39% Communication Services 2.75% Utility 2.54% Real Estate 0.01% Debt Sector Allocation
Sector Value Government 15.76% Corporate 10.01% Cash Equivalent 1.97% Credit Quality
Rating Value AA 16.61% AAA 83.39% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK7% ₹495 Cr 5,190,426 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK6% ₹382 Cr 2,374,813
↑ 50,000 Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY4% ₹305 Cr 1,867,950 State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN4% ₹260 Cr 4,317,992 6.54% Govt Stock 2032
Sovereign Bonds | -3% ₹209 Cr 22,000,000
↑ 5,000,000 Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE3% ₹196 Cr 716,745 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC3% ₹181 Cr 5,312,313 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322153% ₹180 Cr 1,994,434 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LT2% ₹150 Cr 721,850 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | BHARTIARTL2% ₹137 Cr 1,617,434
↓ -100,000 4. 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 (27 Jan 23) ₹74.94 ↓ -0.58 (-0.77 %) Net Assets (Cr) ₹6,707 on 31 Dec 22 Category Hybrid - Dynamic Allocation AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.88 Sharpe Ratio -0.07 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 Dec 17 ₹10,000 31 Dec 18 ₹10,074 31 Dec 19 ₹10,892 31 Dec 20 ₹12,566 31 Dec 21 ₹14,250 31 Dec 22 ₹14,847 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 27 Jan 23 Duration Returns 1 Month -1.3% 3 Month -0.1% 6 Month 4.4% 1 Year 4% 3 Year 10% 5 Year 7.9% 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 3.23 Yr. Mohit Sharma 1 Apr 17 5.76 Yr. Vishal Gajwani 1 Apr 22 0.75 Yr. Data below for Aditya Birla Sun Life Balanced Advantage Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 24.79% Equity 55.45% Debt 19.76% Equity Sector Allocation
Sector Value Financial Services 24.4% Energy 7.66% Technology 6.65% Consumer Defensive 5.93% Industrials 5.73% Basic Materials 5.35% Consumer Cyclical 5.12% Health Care 2.88% Utility 2.27% Communication Services 2.07% Real Estate 0.63% Debt Sector Allocation
Sector Value Cash Equivalent 21.9% Corporate 19.36% Government 3.29% Credit Quality
Rating Value AA 31.98% AAA 68.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 18 | RELIANCE6% ₹399 Cr 1,546,500
↓ -500 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹336 Cr 3,697,662
↓ -99,000 Nifty_(29/12/2022)
- | -4% -₹296 Cr 160,350 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFCBANK4% ₹285 Cr 1,747,901
↓ -598,950 Future on Reliance Elec Co New
Derivatives | -3% -₹234 Cr 903,000
↓ -500 Infosys Ltd (Technology)
Equity, Since 31 Dec 07 | INFY3% ₹201 Cr 1,305,300
↓ -135,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 20 | SBIN3% ₹184 Cr 2,992,002 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322152% ₹167 Cr 1,776,050 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 16 | HDFC2% ₹163 Cr 608,900 Aditya BSL Money Mgr Dir Gr
Investment Fund | -2% ₹151 Cr 4,888,615 5. Principal Balanced Advantage Fund
CAGR/Annualized return of 8.2% 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 (27 Jan 23) ₹25.9981 ↓ -0.28 (-1.06 %) Net Assets (Cr) ₹1,593 on 31 Dec 22 Category Hybrid - Dynamic Allocation AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 2.24 Sharpe Ratio 0.13 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 Dec 17 ₹10,000 31 Dec 18 ₹10,323 31 Dec 19 ₹10,429 31 Dec 20 ₹11,474 31 Dec 21 ₹12,721 31 Dec 22 ₹13,451 Returns for Principal Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month -2.5% 3 Month -1% 6 Month 4.6% 1 Year 4.1% 3 Year 7.6% 5 Year 5.4% 10 Year 15 Year Since launch 8.2% 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 Yr. Ravi Gopalakrishnan 16 May 22 0.63 Yr. S. Bharath 1 Jan 22 1 Yr. Data below for Principal Balanced Advantage Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 27.18% Equity 59.43% Debt 13.38% Equity Sector Allocation
Sector Value Financial Services 31.09% Consumer Cyclical 8.23% Basic Materials 7.62% Technology 7.59% Consumer Defensive 6.95% Energy 5.06% Industrials 3.88% Health Care 2.93% Communication Services 1.68% Real Estate 0.67% Utility 0.15% Debt Sector Allocation
Sector Value Cash Equivalent 25.68% Government 8.08% Corporate 4.26% Securitized 2.54% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | HDFCBANK8% ₹131 Cr 817,200
↑ 29,700 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | ICICIBANK7% ₹108 Cr 1,137,500 Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | INFY5% ₹89 Cr 543,600
↓ -6,363 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 10 | RELIANCE5% ₹82 Cr 300,000
↓ -15,000 Nifty December 2022
- | -5% -₹75 Cr 40,000
↑ 40,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFC4% ₹58 Cr 215,100 364 Dtb 05012023
Sovereign Bonds | -3% ₹50 Cr 5,000,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 10 | SBIN3% ₹45 Cr 740,000
↓ -6,000 Future on HDFC Bank Ltd
Derivatives | -3% -₹43 Cr 267,300
↑ 29,700 Embassy Office Parks Reit
Unlisted bonds | -3% ₹41 Cr 1,200,000 6. Invesco India Dynamic Equity Fund
CAGR/Annualized return of 9% 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 (27 Jan 23) ₹37.59 ↓ -0.38 (-1.00 %) Net Assets (Cr) ₹637 on 31 Dec 22 Category Hybrid - Dynamic Allocation AMC Invesco Asset Management (India) Private Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.35 Sharpe Ratio -0.05 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 Dec 17 ₹10,000 31 Dec 18 ₹9,540 31 Dec 19 ₹10,404 31 Dec 20 ₹11,220 31 Dec 21 ₹12,692 31 Dec 22 ₹13,207 Returns for Invesco India Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month -1.7% 3 Month -0.6% 6 Month 5.6% 1 Year 2.6% 3 Year 7.6% 5 Year 5.1% 10 Year 15 Year Since launch 9% 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 0.33 Yr. Dhimant Kothari 1 Sep 22 0.33 Yr. Data below for Invesco India Dynamic Equity Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 26.34% Equity 61.62% Debt 12.04% Equity Sector Allocation
Sector Value Financial Services 24.01% Energy 7.64% Technology 7.36% Basic Materials 7.16% Consumer Cyclical 6.04% Health Care 5.8% Consumer Defensive 5.24% Industrials 3.86% Utility 3.71% Communication Services 1.9% Real Estate 0.63% Debt Sector Allocation
Sector Value Cash Equivalent 23.35% Government 8.81% Corporate 6.22% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK8% ₹52 Cr 545,447 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 09 | HDFCBANK7% ₹46 Cr 287,003 Invesco India Money Market Dir Gr
Investment Fund | -7% ₹43 Cr 164,551 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 22 | TCS6% ₹36 Cr 105,796
↑ 10,647 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 21 | RELIANCE5% ₹32 Cr 116,095 Housing Development Finance Corporation Ltd
Debentures | -4% ₹25 Cr 2,500,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | KOTAKBANK3% ₹22 Cr 110,818 State Bank of India (Financial Services)
Equity, Since 31 Jul 21 | SBIN3% ₹21 Cr 349,500 7.26 1/14/2029 12:00:00 Am
Sovereign Bonds | -3% ₹20 Cr 2,000,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 May 22 | ITC3% ₹20 Cr 584,607 7. L&T Dynamic Equity Fund
CAGR/Annualized return of 10% 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 (27 Jan 23) ₹31.325 ↓ -0.14 (-0.43 %) Net Assets (Cr) ₹1,661 on 31 Dec 22 Category Hybrid - Dynamic Allocation AMC L&T Investment Management Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.09 Sharpe Ratio -0.51 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 Dec 17 ₹10,000 31 Dec 18 ₹10,341 31 Dec 19 ₹11,185 31 Dec 20 ₹12,617 31 Dec 21 ₹13,672 31 Dec 22 ₹13,919 Returns for L&T Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month -0.4% 3 Month 0.3% 6 Month 3.4% 1 Year 2.5% 3 Year 7% 5 Year 6.4% 10 Year 15 Year Since launch 10% 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 25 Nov 22 0.1 Yr. Neelotpal Sahai 25 Nov 22 0.1 Yr. Data below for L&T Dynamic Equity Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 3.44% Equity 68.05% Debt 28.51% Equity Sector Allocation
Sector Value Financial Services 13.62% Basic Materials 9.65% Consumer Defensive 9.27% Health Care 8.46% Consumer Cyclical 4.69% Technology 4.37% Real Estate 4.36% Communication Services 4.03% Industrials 3.36% Energy 3.32% Utility 2.92% Debt Sector Allocation
Sector Value Government 28.51% Cash Equivalent 2.01% Corporate 1.44% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 5.22 6/15/2025 12:00:00 Am
Sovereign Bonds | -11% ₹197 Cr 20,001,000 6.18 11/4/2024 12:00:00 Am
Sovereign Bonds | -10% ₹174 Cr 17,500,000 5.15 11/9/2025 12:00:00 Am
Sovereign Bonds | -4% ₹72 Cr 7,500,000 DLF Ltd (Real Estate)
Equity, Since 31 Mar 21 | 5328684% ₹67 Cr 1,653,300
↓ -3,300 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Sep 21 | SUNPHARMA3% ₹52 Cr 498,892 Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 30 Nov 21 | ZEEL3% ₹51 Cr 1,944,833
↓ -12,000 Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE3% ₹50 Cr 184,350
↓ -23,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK2% ₹39 Cr 412,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY2% ₹38 Cr 232,400 Ambuja Cements Ltd (Basic Materials)
Equity, Since 30 Jun 22 | 5004252% ₹36 Cr 639,000 8. Edelweiss Balanced Advantage Fund
CAGR/Annualized return of 10% 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 (27 Jan 23) ₹36.06 ↓ -0.27 (-0.74 %) Net Assets (Cr) ₹8,962 on 31 Dec 22 Category Hybrid - Dynamic Allocation AMC Edelweiss Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.86 Sharpe Ratio -0.28 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 Dec 17 ₹10,000 31 Dec 18 ₹10,187 31 Dec 19 ₹10,980 31 Dec 20 ₹13,465 31 Dec 21 ₹15,991 31 Dec 22 ₹16,334 Returns for Edelweiss Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month -1.6% 3 Month -1% 6 Month 3.5% 1 Year 1.6% 3 Year 12.7% 5 Year 9.4% 10 Year 15 Year Since launch 10% 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 7.42 Yr. Bharat Lahoti 18 Sep 17 5.29 Yr. Rahul Dedhia 23 Nov 21 1.11 Yr. Data below for Edelweiss Balanced Advantage Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 15.65% Equity 73.27% Debt 11.07% Equity Sector Allocation
Sector Value Financial Services 27.71% Technology 8.34% Consumer Cyclical 8.18% Energy 8.14% Consumer Defensive 6.57% Basic Materials 6.18% Industrials 5.25% Communication Services 2.86% Health Care 2.42% Utility 2.28% Real Estate 0.73% Debt Sector Allocation
Sector Value Cash Equivalent 14.85% Government 9.16% Corporate 2.72% 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% ₹575 Cr 6,038,335 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE6% ₹544 Cr 1,990,313
↑ 23,250 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK6% ₹521 Cr 3,239,044
↑ 86,350 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 5322154% ₹322 Cr 3,576,609 Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY3% ₹309 Cr 1,887,349
↑ 74,700 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 15 | ITC3% ₹301 Cr 8,849,752
↑ 2,064,506 182 Dtb 01122022
Sovereign Bonds | -3% ₹300 Cr 30,000,000
↓ -42,500,000 Nifty 29/12/2022
- | -3% -₹263 Cr 139,300
↑ 139,300 State Bank of India (Financial Services)
Equity, Since 31 Jan 17 | SBIN3% ₹240 Cr 3,978,748 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL2% ₹193 Cr 2,269,743
↑ 2,238,200
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Informative . Comparison has been shown nicely in small space.