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8 Best Balanced Advantage Mutual Funds 2023

Updated on January 25, 2023 , 154751 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 ₹320.852
↓ -4.18
₹51,0271.59.213.416.79.818.8
ICICI Prudential Balanced Advantage Fund Growth ₹52.42
↓ -0.27
₹44,6340.14.66.810.99.37.9
Nippon India Balanced Advantage Fund Growth ₹125.437
↓ -1.08
₹6,772-13.54.49.46.75.1
Aditya Birla Sun Life Balanced Advantage Fund Growth ₹74.94
↓ -0.58
₹6,707-0.14.44107.94.2
Principal Balanced Advantage Fund Growth ₹25.9981
↓ -0.28
₹1,593-14.64.17.65.45.7
Invesco India Dynamic Equity Fund Growth ₹37.59
↓ -0.38
₹637-0.65.62.67.65.14.1
L&T Dynamic Equity Fund Growth ₹31.325
↓ -0.14
₹1,6610.33.42.576.41.8
Edelweiss Balanced Advantage Fund Growth ₹36.06
↓ -0.27
₹8,962-13.51.612.79.42.1
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

(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 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% .

Below is the key information for HDFC Balanced Advantage Fund

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.

DateValue
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

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 ₹385,859.
Net Profit of ₹85,859
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 27 Jan 23

DurationReturns
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
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 220.43 Yr.
Gopal Agrawal29 Jul 220.43 Yr.
Arun Agarwal6 Oct 220.24 Yr.
Srinivasan Ramamurthy29 Jul 220.43 Yr.
Priya Ranjan1 May 220.67 Yr.

Data below for HDFC Balanced Advantage Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash5.96%
Equity72.97%
Debt21.06%
Equity Sector Allocation
SectorValue
Financial Services28.29%
Energy9.07%
Industrials8.83%
Utility5.85%
Technology5.15%
Health Care3.39%
Consumer Defensive3.34%
Consumer Cyclical2.96%
Communication Services2.12%
Real Estate1.67%
Basic Materials1.65%
Debt Sector Allocation
SectorValue
Government17.79%
Cash Equivalent5.42%
Corporate3.81%
Credit Quality
RatingValue
AA5.59%
AAA94.41%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN
6%₹2,975 Cr49,380,187
↓ -804,888
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK
5%₹2,626 Cr16,324,149
↑ 307,450
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹2,563 Cr26,895,848
↑ 1,419,848
7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -
5%₹2,385 Cr236,373,300
↑ 13,000,000
Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA
4%₹2,238 Cr98,460,711
NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 532555
4%₹1,813 Cr105,256,130
↑ 1,872,800
Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY
3%₹1,743 Cr10,661,398
↑ 216,900
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC
3%₹1,585 Cr46,626,526
↑ 340,800
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFC
3%₹1,503 Cr5,580,471
↑ 74,100
7.69 10/30/2034 12:00:00 Am
Sovereign Bonds | -
3%₹1,471 Cr150,000,000

2. 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 (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.

DateValue
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

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 ₹385,859.
Net Profit of ₹85,859
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 27 Jan 23

DurationReturns
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
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 175.47 Yr.
Rajat Chandak7 Sep 157.32 Yr.
Manish Banthia18 Nov 0913.13 Yr.
Ihab Dalwai29 Jan 184.93 Yr.
Ritesh Lunawat29 Dec 202.01 Yr.
Sri Sharma30 Apr 211.67 Yr.
Sharmila D’mello31 Jul 220.42 Yr.

Data below for ICICI Prudential Balanced Advantage Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash47.92%
Equity32.7%
Debt19.38%
Equity Sector Allocation
SectorValue
Financial Services21.95%
Consumer Cyclical9.75%
Technology7.79%
Energy7.79%
Consumer Defensive5.68%
Basic Materials3.15%
Health Care3.15%
Communication Services3.08%
Industrials2.49%
Utility1.89%
Real Estate0.11%
Debt Sector Allocation
SectorValue
Cash Equivalent46.83%
Government13.28%
Corporate5.06%
Securitized2.13%
Credit Quality
RatingValue
A3.65%
AA11.33%
AAA85.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nifty 50 Index
- | -
10%-₹4,242 Cr2,247,300
↑ 2,247,300
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE
6%₹2,735 Cr10,011,930
↓ -167,500
7.42 9/22/2033 12:00:00 Am
Sovereign Bonds | -
6%₹2,570 Cr257,450,350
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
5%₹2,166 Cr22,729,505
↓ -534,875
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
5%₹2,042 Cr12,487,911
↓ -369,600
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
4%₹1,871 Cr11,635,327
7.69 10/30/2034 12:00:00 Am
Sovereign Bonds | -
4%₹1,775 Cr180,976,540
Future on Reliance Industries Ltd
Derivatives | -
4%-₹1,639 Cr5,965,750
Future on HDFC Bank Ltd
Derivatives | -
3%-₹1,363 Cr6,575,750
↑ 2,896,800
State Bank of India (Financial Services)
Equity, Since 31 Jan 14 | SBIN
3%₹1,330 Cr22,076,687
↓ -435,000

3. 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 (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.

DateValue
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

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 ₹357,992.
Net Profit of ₹57,992
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 27 Jan 23

DurationReturns
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
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
Manish Gunwani7 May 184.66 Yr.
Ashutosh Bhargava7 May 184.66 Yr.
Kinjal Desai25 May 184.61 Yr.
Amar Kalkundrikar20 Oct 202.2 Yr.
Sushil Budhia31 Mar 211.76 Yr.
Akshay Sharma1 Dec 220.08 Yr.

Data below for Nippon India Balanced Advantage Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash1.97%
Equity72.26%
Debt25.77%
Equity Sector Allocation
SectorValue
Financial Services24.49%
Industrials7.01%
Technology6.78%
Consumer Defensive6.19%
Consumer Cyclical5.9%
Health Care4.92%
Basic Materials3.75%
Energy3.39%
Communication Services2.75%
Utility2.54%
Real Estate0.01%
Debt Sector Allocation
SectorValue
Government15.76%
Corporate10.01%
Cash Equivalent1.97%
Credit Quality
RatingValue
AA16.61%
AAA83.39%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
7%₹495 Cr5,190,426
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK
6%₹382 Cr2,374,813
↑ 50,000
Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY
4%₹305 Cr1,867,950
State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN
4%₹260 Cr4,317,992
6.54% Govt Stock 2032
Sovereign Bonds | -
3%₹209 Cr22,000,000
↑ 5,000,000
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
3%₹196 Cr716,745
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC
3%₹181 Cr5,312,313
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
3%₹180 Cr1,994,434
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LT
2%₹150 Cr721,850
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | BHARTIARTL
2%₹137 Cr1,617,434
↓ -100,000

4. 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 (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.

DateValue
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

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 ₹367,070.
Net Profit of ₹67,070
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 27 Jan 23

DurationReturns
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
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 193.23 Yr.
Mohit Sharma1 Apr 175.76 Yr.
Vishal Gajwani1 Apr 220.75 Yr.

Data below for Aditya Birla Sun Life Balanced Advantage Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash24.79%
Equity55.45%
Debt19.76%
Equity Sector Allocation
SectorValue
Financial Services24.4%
Energy7.66%
Technology6.65%
Consumer Defensive5.93%
Industrials5.73%
Basic Materials5.35%
Consumer Cyclical5.12%
Health Care2.88%
Utility2.27%
Communication Services2.07%
Real Estate0.63%
Debt Sector Allocation
SectorValue
Cash Equivalent21.9%
Corporate19.36%
Government3.29%
Credit Quality
RatingValue
AA31.98%
AAA68.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 18 | RELIANCE
6%₹399 Cr1,546,500
↓ -500
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹336 Cr3,697,662
↓ -99,000
Nifty_(29/12/2022)
- | -
4%-₹296 Cr160,350
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFCBANK
4%₹285 Cr1,747,901
↓ -598,950
Future on Reliance Elec Co New
Derivatives | -
3%-₹234 Cr903,000
↓ -500
Infosys Ltd (Technology)
Equity, Since 31 Dec 07 | INFY
3%₹201 Cr1,305,300
↓ -135,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 20 | SBIN
3%₹184 Cr2,992,002
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
2%₹167 Cr1,776,050
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 16 | HDFC
2%₹163 Cr608,900
Aditya BSL Money Mgr Dir Gr
Investment Fund | -
2%₹151 Cr4,888,615

5. 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 8.2% 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 (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.

DateValue
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

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 ₹349,120.
Net Profit of ₹49,120
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 27 Jan 23

DurationReturns
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
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 Yr.
Ravi Gopalakrishnan16 May 220.63 Yr.
S. Bharath1 Jan 221 Yr.

Data below for Principal Balanced Advantage Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash27.18%
Equity59.43%
Debt13.38%
Equity Sector Allocation
SectorValue
Financial Services31.09%
Consumer Cyclical8.23%
Basic Materials7.62%
Technology7.59%
Consumer Defensive6.95%
Energy5.06%
Industrials3.88%
Health Care2.93%
Communication Services1.68%
Real Estate0.67%
Utility0.15%
Debt Sector Allocation
SectorValue
Cash Equivalent25.68%
Government8.08%
Corporate4.26%
Securitized2.54%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | HDFCBANK
8%₹131 Cr817,200
↑ 29,700
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | ICICIBANK
7%₹108 Cr1,137,500
Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | INFY
5%₹89 Cr543,600
↓ -6,363
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 10 | RELIANCE
5%₹82 Cr300,000
↓ -15,000
Nifty December 2022
- | -
5%-₹75 Cr40,000
↑ 40,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFC
4%₹58 Cr215,100
364 Dtb 05012023
Sovereign Bonds | -
3%₹50 Cr5,000,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 10 | SBIN
3%₹45 Cr740,000
↓ -6,000
Future on HDFC Bank Ltd
Derivatives | -
3%-₹43 Cr267,300
↑ 29,700
Embassy Office Parks Reit
Unlisted bonds | -
3%₹41 Cr1,200,000

6. 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% 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 (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.

DateValue
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

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 ₹349,120.
Net Profit of ₹49,120
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 27 Jan 23

DurationReturns
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
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 220.33 Yr.
Dhimant Kothari1 Sep 220.33 Yr.

Data below for Invesco India Dynamic Equity Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash26.34%
Equity61.62%
Debt12.04%
Equity Sector Allocation
SectorValue
Financial Services24.01%
Energy7.64%
Technology7.36%
Basic Materials7.16%
Consumer Cyclical6.04%
Health Care5.8%
Consumer Defensive5.24%
Industrials3.86%
Utility3.71%
Communication Services1.9%
Real Estate0.63%
Debt Sector Allocation
SectorValue
Cash Equivalent23.35%
Government8.81%
Corporate6.22%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
8%₹52 Cr545,447
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 09 | HDFCBANK
7%₹46 Cr287,003
Invesco India Money Market Dir Gr
Investment Fund | -
7%₹43 Cr164,551
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 22 | TCS
6%₹36 Cr105,796
↑ 10,647
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 21 | RELIANCE
5%₹32 Cr116,095
Housing Development Finance Corporation Ltd
Debentures | -
4%₹25 Cr2,500,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | KOTAKBANK
3%₹22 Cr110,818
State Bank of India (Financial Services)
Equity, Since 31 Jul 21 | SBIN
3%₹21 Cr349,500
7.26 1/14/2029 12:00:00 Am
Sovereign Bonds | -
3%₹20 Cr2,000,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 May 22 | ITC
3%₹20 Cr584,607

7. 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% 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 (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.

DateValue
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

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 ₹357,992.
Net Profit of ₹57,992
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 27 Jan 23

DurationReturns
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
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 Jain25 Nov 220.1 Yr.
Neelotpal Sahai25 Nov 220.1 Yr.

Data below for L&T Dynamic Equity Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash3.44%
Equity68.05%
Debt28.51%
Equity Sector Allocation
SectorValue
Financial Services13.62%
Basic Materials9.65%
Consumer Defensive9.27%
Health Care8.46%
Consumer Cyclical4.69%
Technology4.37%
Real Estate4.36%
Communication Services4.03%
Industrials3.36%
Energy3.32%
Utility2.92%
Debt Sector Allocation
SectorValue
Government28.51%
Cash Equivalent2.01%
Corporate1.44%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.22 6/15/2025 12:00:00 Am
Sovereign Bonds | -
11%₹197 Cr20,001,000
6.18 11/4/2024 12:00:00 Am
Sovereign Bonds | -
10%₹174 Cr17,500,000
5.15 11/9/2025 12:00:00 Am
Sovereign Bonds | -
4%₹72 Cr7,500,000
DLF Ltd (Real Estate)
Equity, Since 31 Mar 21 | 532868
4%₹67 Cr1,653,300
↓ -3,300
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Sep 21 | SUNPHARMA
3%₹52 Cr498,892
Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 30 Nov 21 | ZEEL
3%₹51 Cr1,944,833
↓ -12,000
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
3%₹50 Cr184,350
↓ -23,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
2%₹39 Cr412,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
2%₹38 Cr232,400
Ambuja Cements Ltd (Basic Materials)
Equity, Since 30 Jun 22 | 500425
2%₹36 Cr639,000

8. 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% 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 (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.

DateValue
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

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 ₹385,859.
Net Profit of ₹85,859
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 27 Jan 23

DurationReturns
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
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 157.42 Yr.
Bharat Lahoti18 Sep 175.29 Yr.
Rahul Dedhia23 Nov 211.11 Yr.

Data below for Edelweiss Balanced Advantage Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash15.65%
Equity73.27%
Debt11.07%
Equity Sector Allocation
SectorValue
Financial Services27.71%
Technology8.34%
Consumer Cyclical8.18%
Energy8.14%
Consumer Defensive6.57%
Basic Materials6.18%
Industrials5.25%
Communication Services2.86%
Health Care2.42%
Utility2.28%
Real Estate0.73%
Debt Sector Allocation
SectorValue
Cash Equivalent14.85%
Government9.16%
Corporate2.72%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK
6%₹575 Cr6,038,335
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
6%₹544 Cr1,990,313
↑ 23,250
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK
6%₹521 Cr3,239,044
↑ 86,350
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532215
4%₹322 Cr3,576,609
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
3%₹309 Cr1,887,349
↑ 74,700
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 15 | ITC
3%₹301 Cr8,849,752
↑ 2,064,506
182 Dtb 01122022
Sovereign Bonds | -
3%₹300 Cr30,000,000
↓ -42,500,000
Nifty 29/12/2022
- | -
3%-₹263 Cr139,300
↑ 139,300
State Bank of India (Financial Services)
Equity, Since 31 Jan 17 | SBIN
3%₹240 Cr3,978,748
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
2%₹193 Cr2,269,743
↑ 2,238,200

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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