Table of Contents
8 Best Balanced Advantage Mutual Funds 2021
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 2021 - 2022
(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 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 (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 (Erstwhile Edelweiss Dynamic Equity Advantage Fund) The primary objective of the scheme will be to generate absolute returns with low volatility over a longer tenure of time. The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments. The Scheme proposes to allocate assets to both equity and debt markets based upon the market view. However there is no assurance that the investment objective of the scheme will be realized. Edelweiss Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 20 Aug 09. It is a fund with Moderately High risk and has given a Below is the key information for Edelweiss Balanced Advantage Fund Returns up to 1 year are on The 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 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 Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2020 (%) HDFC Balanced Advantage Fund Growth ₹231.736
↑ 3.80 ₹40,968 1.3 31 48.9 7.8 11.5 7.6 ICICI Prudential Balanced Advantage Fund Growth ₹43.99
↑ 0.31 ₹29,912 1.1 13.6 39.1 9.4 11.1 11.7 Aditya Birla Sun Life Balanced Advantage Fund Growth ₹65.34
↑ 0.41 ₹2,868 0.3 14.4 36.8 9 11.1 15.4 Nippon India Balanced Advantage Fund Growth ₹108.317
↑ 0.50 ₹3,081 0.9 14.3 34.1 8.6 11.5 11.2 Edelweiss Balanced Advantage Fund Growth ₹31.2
↑ 0.18 ₹2,940 -0.1 15.3 36.4 11.4 11.3 22.6 Invesco India Dynamic Equity Fund Growth ₹33.16
↑ 0.17 ₹664 -1.8 10.4 28.2 4.7 9.7 7.8 L&T Dynamic Equity Fund Growth ₹28.866
↑ 0.06 ₹1,378 -0.3 6.1 24 7.7 8.4 12.8 Principal Balanced Advantage Fund Growth ₹23.06
↑ 0.07 ₹177 0.8 6.2 19.9 5.1 6.8 10 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 Apr 21 1. HDFC Balanced Advantage Fund
CAGR/Annualized return of 17.8% since its launch. Ranked 23 in Dynamic Allocation category. Return for 2020 was 7.6% , 2019 was 6.9% and 2018 was -3.1% . HDFC Balanced Advantage Fund
Growth Launch Date 11 Sep 00 NAV (13 Apr 21) ₹231.736 ↑ 3.80 (1.67 %) Net Assets (Cr) ₹40,968 on 28 Feb 21 Category Hybrid - Dynamic Allocation AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.15 Sharpe Ratio 0.85 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 Mar 16 ₹10,000 31 Mar 17 ₹12,953 31 Mar 18 ₹13,728 31 Mar 19 ₹15,317 31 Mar 20 ₹11,445 31 Mar 21 ₹17,964 Returns for HDFC Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Apr 21 Duration Returns 1 Month -5.2% 3 Month 1.3% 6 Month 31% 1 Year 48.9% 3 Year 7.8% 5 Year 11.5% 10 Year 15 Year Since launch 17.8% Historical performance (Yearly) on absolute basis
Year Returns 2020 7.6% 2019 6.9% 2018 -3.1% 2017 27.9% 2016 9.4% 2015 0.3% 2014 51.8% 2013 2.1% 2012 30.1% 2011 -15.8% Fund Manager information for HDFC Balanced Advantage Fund
Name Since Tenure Prashant Jain 20 Jun 03 17.79 Yr. Anand Laddha 21 Oct 20 0.44 Yr. Data below for HDFC Balanced Advantage Fund as on 28 Feb 21
Asset Allocation
Asset Class Value Cash 10.4% Equity 76.41% Debt 13.15% Other 0.04% Equity Sector Allocation
Sector Value Financial Services 26.53% Industrials 11.4% Utility 9.63% Energy 7.5% Health Care 4.79% Consumer Defensive 4.38% Technology 4.26% Basic Materials 3.01% Communication Services 2.11% Consumer Cyclical 1.89% Real Estate 0.75% Debt Sector Allocation
Sector Value Cash Equivalent 10.4% Government 6.65% Corporate 6.5% Credit Quality
Rating Value A 1.69% AA 73.39% AAA 24.92% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN11% ₹4,564 Cr 116,972,661
↓ -13,085,967 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹2,131 Cr 35,658,122
↓ -7,548,335 Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 30 Jun 12 | LT5% ₹1,987 Cr 13,774,294
↓ -2,217,105 NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 5325555% ₹1,976 Cr 184,179,419
↑ 3,442,000 Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA5% ₹1,876 Cr 123,287,984
↑ 3,500,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC4% ₹1,794 Cr 88,018,949 Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY4% ₹1,649 Cr 13,157,094 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | 5328103% ₹1,423 Cr 114,763,193
↓ -1,948,376 REC Ltd (Financial Services)
Equity, Since 31 Jul 17 | 5329552% ₹979 Cr 72,234,023
↓ -500,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 17 | 5322152% ₹904 Cr 12,472,735 2. ICICI Prudential Balanced Advantage Fund
CAGR/Annualized return of 10.9% since its launch. Ranked 18 in Dynamic Allocation category. Return for 2020 was 11.7% , 2019 was 10.8% and 2018 was 2.4% . ICICI Prudential Balanced Advantage Fund
Growth Launch Date 30 Dec 06 NAV (13 Apr 21) ₹43.99 ↑ 0.31 (0.71 %) Net Assets (Cr) ₹29,912 on 28 Feb 21 Category Hybrid - Dynamic Allocation AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.71 Sharpe Ratio 0.73 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 Mar 16 ₹10,000 31 Mar 17 ₹11,794 31 Mar 18 ₹12,913 31 Mar 19 ₹13,783 31 Mar 20 ₹11,923 31 Mar 21 ₹17,254 Returns for ICICI Prudential Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Apr 21 Duration Returns 1 Month -1.4% 3 Month 1.1% 6 Month 13.6% 1 Year 39.1% 3 Year 9.4% 5 Year 11.1% 10 Year 15 Year Since launch 10.9% Historical performance (Yearly) on absolute basis
Year Returns 2020 11.7% 2019 10.8% 2018 2.4% 2017 19% 2016 7.3% 2015 6.7% 2014 29% 2013 10.9% 2012 33.3% 2011 -8.8% Fund Manager information for ICICI Prudential Balanced Advantage Fund
Name Since Tenure Sankaran Naren 14 Jul 17 3.72 Yr. Rajat Chandak 7 Sep 15 5.57 Yr. Manish Banthia 18 Nov 09 11.38 Yr. Ihab Dalwai 29 Jan 18 3.17 Yr. Ritesh Lunawat 29 Dec 20 0.25 Yr. Priyanka Khandelwal 15 Jun 17 3.8 Yr. Data below for ICICI Prudential Balanced Advantage Fund as on 28 Feb 21
Asset Allocation
Asset Class Value Cash 45.4% Equity 37.9% Debt 16.7% Equity Sector Allocation
Sector Value Financial Services 21.5% Consumer Cyclical 8.51% Technology 7.22% Consumer Defensive 6.3% Energy 6.26% Communication Services 3.9% Basic Materials 3.21% Health Care 2.88% Utility 2.69% Industrials 2.2% Real Estate 0.46% Debt Sector Allocation
Sector Value Cash Equivalent 45.4% Corporate 14.83% Government 1.88% Credit Quality
Rating Value A 6.08% AA 64.31% AAA 29.47% BBB 0.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK6% ₹1,835 Cr 30,700,380 Nifty 50 Index
- | -5% -₹1,542 Cr 1,057,800
↑ 307,800 Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Dec 08 | RELIANCE5% ₹1,453 Cr 6,967,789
↓ -125,858 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK5% ₹1,441 Cr 9,393,203
↓ -170,640 Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY4% ₹1,248 Cr 9,956,761 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC3% ₹893 Cr 3,517,332 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 15 | BHARTIARTL3% ₹790 Cr 14,196,070
↓ -450,626 Future on Reliance Industries Ltd Shs Dematerialised
Derivatives | -2% -₹744 Cr 3,556,250
↑ 788,250 Axis Bank Limited
Debentures | -2% ₹706 Cr 6,900 State Bank of India (Financial Services)
Equity, Since 31 Jan 14 | SBIN2% ₹674 Cr 17,262,812 3. Aditya Birla Sun Life Balanced Advantage Fund
CAGR/Annualized return of since its launch. Ranked 19 in Dynamic Allocation category. Return for 2020 was 15.4% , 2019 was 8.1% and 2018 was 0.7% . Aditya Birla Sun Life Balanced Advantage Fund
Growth Launch Date 25 Apr 00 NAV (13 Apr 21) ₹65.34 ↑ 0.41 (0.63 %) Net Assets (Cr) ₹2,868 on 28 Feb 21 Category Hybrid - Dynamic Allocation AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.06 Sharpe Ratio 0.74 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 Mar 16 ₹10,000 31 Mar 17 ₹12,709 31 Mar 18 ₹13,264 31 Mar 19 ₹14,128 31 Mar 20 ₹12,168 31 Mar 21 ₹17,467 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 13 Apr 21 Duration Returns 1 Month -1% 3 Month 0.3% 6 Month 14.4% 1 Year 36.8% 3 Year 9% 5 Year 11.1% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2020 15.4% 2019 8.1% 2018 0.7% 2017 15.2% 2016 16.3% 2015 3.6% 2014 27.7% 2013 5.9% 2012 20.5% 2011 -15.2% Fund Manager information for Aditya Birla Sun Life Balanced Advantage Fund
Name Since Tenure Vineet Maloo 26 Aug 15 5.6 Yr. Lovelish Solanki 9 Oct 19 1.48 Yr. Mohit Sharma 1 Apr 17 4 Yr. Data below for Aditya Birla Sun Life Balanced Advantage Fund as on 28 Feb 21
Asset Allocation
Asset Class Value Cash 46.87% Equity 39.52% Debt 12.9% Other 0.7% Equity Sector Allocation
Sector Value Financial Services 22.83% Technology 8.86% Health Care 6.69% Consumer Defensive 5.71% Consumer Cyclical 4.48% Basic Materials 4.11% Utility 3.32% Communication Services 3.3% Industrials 3.18% Energy 1.85% Real Estate 0.2% Debt Sector Allocation
Sector Value Cash Equivalent 43.88% Corporate 14.65% Government 1.95% Credit Quality
Rating Value AAA 96.99% Below B 3.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nifty_(25/03/2021)
Derivatives | -9% -₹252 Cr 173,025
↑ 173,025 Aditya BSL Liquid Dir Gr
Investment Fund | -9% ₹251 Cr 7,603,024 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFCBANK4% ₹125 Cr 812,540
↓ -221,460 Infosys Ltd (Technology)
Equity, Since 31 Dec 07 | INFY4% ₹119 Cr 952,674 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 16 | HDFC4% ₹105 Cr 413,700 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK3% ₹89 Cr 1,485,000 NTPC Ltd (Utilities)
Equity, Since 30 Nov 16 | 5325553% ₹78 Cr 7,230,008 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL3% ₹74 Cr 1,331,130 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322152% ₹66 Cr 911,250
↑ 151,850 State Bank of India (Financial Services)
Equity, Since 31 Oct 20 | SBIN2% ₹63 Cr 1,610,855
↑ 660,000 4. Nippon India Balanced Advantage Fund
CAGR/Annualized return of 15.6% since its launch. Ranked 46 in Dynamic Allocation category. Return for 2020 was 11.2% , 2019 was 8.3% and 2018 was 0.4% . Nippon India Balanced Advantage Fund
Growth Launch Date 15 Nov 04 NAV (13 Apr 21) ₹108.317 ↑ 0.50 (0.47 %) Net Assets (Cr) ₹3,081 on 28 Feb 21 Category Hybrid - Dynamic Allocation AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 2.14 Sharpe Ratio 0.64 Information Ratio -0.91 Alpha Ratio -6.63 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 Mar 16 ₹10,000 31 Mar 17 ₹12,486 31 Mar 18 ₹13,224 31 Mar 19 ₹14,691 31 Mar 20 ₹12,695 31 Mar 21 ₹17,663 Returns for Nippon India Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Apr 21 Duration Returns 1 Month -1.8% 3 Month 0.9% 6 Month 14.3% 1 Year 34.1% 3 Year 8.6% 5 Year 11.5% 10 Year 15 Year Since launch 15.6% Historical performance (Yearly) on absolute basis
Year Returns 2020 11.2% 2019 8.3% 2018 0.4% 2017 25.2% 2016 6.4% 2015 0.9% 2014 38.4% 2013 4.6% 2012 39.3% 2011 -24.5% Fund Manager information for Nippon India Balanced Advantage Fund
Name Since Tenure Manish Gunwani 7 May 18 2.9 Yr. Ashutosh Bhargava 7 May 18 2.9 Yr. Amar Kalkundrikar 20 Oct 20 0.45 Yr. Sushil Budhia 31 Mar 21 0 Yr. Data below for Nippon India Balanced Advantage Fund as on 28 Feb 21
Asset Allocation
Asset Class Value Cash 30.1% Equity 50.96% Debt 18.94% Equity Sector Allocation
Sector Value Financial Services 28.86% Technology 8.83% Energy 6.34% Consumer Defensive 6.14% Consumer Cyclical 5.75% Health Care 4.93% Industrials 3.63% Basic Materials 3.34% Communication Services 1.53% Utility 0.78% Real Estate 0.01% Debt Sector Allocation
Sector Value Cash Equivalent 30.1% Corporate 13.65% Government 5.28% Credit Quality
Rating Value AA 35.84% AAA 64.16% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK6% ₹192 Cr 1,251,813 Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY6% ₹174 Cr 1,386,550 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK6% ₹171 Cr 2,863,426 Nifty 50 Index_25/03/2021
- | -5% -₹157 Cr 108,000
↑ 108,000 Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 May 18 | RELIANCE4% ₹136 Cr 650,995 Nirma Limited
Debentures | -3% ₹99 Cr 1,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322153% ₹90 Cr 1,244,634 State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN3% ₹83 Cr 2,129,492
↑ 305,000 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 28 Feb 19 | 5049732% ₹74 Cr 1,236,846 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC2% ₹66 Cr 3,242,313 5. Edelweiss Balanced Advantage Fund
CAGR/Annualized return of 10.3% since its launch. Ranked 26 in Dynamic Allocation category. Return for 2020 was 22.6% , 2019 was 7.8% and 2018 was 1.9% . Edelweiss Balanced Advantage Fund
Growth Launch Date 20 Aug 09 NAV (13 Apr 21) ₹31.2 ↑ 0.18 (0.58 %) Net Assets (Cr) ₹2,940 on 28 Feb 21 Category Hybrid - Dynamic Allocation AMC Edelweiss Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.33 Sharpe Ratio 1.27 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 Mar 16 ₹10,000 31 Mar 17 ₹11,062 31 Mar 18 ₹12,096 31 Mar 19 ₹12,959 31 Mar 20 ₹12,206 31 Mar 21 ₹17,321 Returns for Edelweiss Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Apr 21 Duration Returns 1 Month -2% 3 Month -0.1% 6 Month 15.3% 1 Year 36.4% 3 Year 11.4% 5 Year 11.3% 10 Year 15 Year Since launch 10.3% Historical performance (Yearly) on absolute basis
Year Returns 2020 22.6% 2019 7.8% 2018 1.9% 2017 23.9% 2016 -1.5% 2015 3.7% 2014 29% 2013 9.4% 2012 12% 2011 -2.3% Fund Manager information for Edelweiss Balanced Advantage Fund
Name Since Tenure Gautam Kaul 11 Dec 17 3.31 Yr. Bhavesh Jain 3 Aug 15 5.67 Yr. Bharat Lahoti 18 Sep 17 3.54 Yr. Data below for Edelweiss Balanced Advantage Fund as on 28 Feb 21
Asset Allocation
Asset Class Value Cash 29.99% Equity 64.91% Debt 5.1% Equity Sector Allocation
Sector Value Financial Services 24.91% Technology 10.51% Basic Materials 7.99% Consumer Cyclical 7.58% Consumer Defensive 6.58% Health Care 6.54% Energy 5.26% Communication Services 4.35% Industrials 2.86% Real Estate 1.16% Utility 0.49% Debt Sector Allocation
Sector Value Cash Equivalent 29.99% Government 4.22% Corporate 0.88% 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% ₹190 Cr 3,184,725
↑ 616,352 Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Nov 14 | RELIANCE5% ₹132 Cr 634,874
↑ 225,235 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK4% ₹132 Cr 858,837
↑ 69,467 Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY4% ₹122 Cr 972,510
↑ 147,802 Nifty 25/03/2021
- | -4% -₹109 Cr 75,000
↑ 75,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL3% ₹95 Cr 1,699,124
↑ 75,415 State Bank of India (Financial Services)
Equity, Since 31 Jan 17 | SBIN3% ₹79 Cr 2,029,824
↑ 583,629 HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 30 Sep 18 | HCLTECH2% ₹68 Cr 752,053
↓ -15,500 5.15% Govt Stock 2025
Sovereign Bonds | -2% ₹68 Cr 7,000,000
↑ 7,000,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 15 | MARUTI2% ₹65 Cr 94,545
↑ 47,049 6. Invesco India Dynamic Equity Fund
CAGR/Annualized return of 9.3% since its launch. Ranked 55 in Dynamic Allocation category. Return for 2020 was 7.8% , 2019 was 9.1% and 2018 was -4.6% . Invesco India Dynamic Equity Fund
Growth Launch Date 4 Oct 07 NAV (13 Apr 21) ₹33.16 ↑ 0.17 (0.52 %) Net Assets (Cr) ₹664 on 28 Feb 21 Category Hybrid - Dynamic Allocation AMC Invesco Asset Management (India) Private Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.2 Sharpe Ratio 0.41 Information Ratio -1.57 Alpha Ratio -11.84 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 16 ₹10,000 31 Mar 17 ₹12,054 31 Mar 18 ₹13,628 31 Mar 19 ₹14,093 31 Mar 20 ₹12,142 31 Mar 21 ₹16,171 Returns for Invesco India Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Apr 21 Duration Returns 1 Month -0.6% 3 Month -1.8% 6 Month 10.4% 1 Year 28.2% 3 Year 4.7% 5 Year 9.7% 10 Year 15 Year Since launch 9.3% Historical performance (Yearly) on absolute basis
Year Returns 2020 7.8% 2019 9.1% 2018 -4.6% 2017 30.5% 2016 2.7% 2015 5.5% 2014 25.4% 2013 19.3% 2012 27.4% 2011 -20.4% Fund Manager information for Invesco India Dynamic Equity Fund
Name Since Tenure Pranav Gokhale 1 Jun 18 2.84 Yr. Taher Badshah 10 Jan 17 4.22 Yr. Data below for Invesco India Dynamic Equity Fund as on 28 Feb 21
Asset Allocation
Asset Class Value Cash 38.6% Equity 50.46% Debt 10.94% Equity Sector Allocation
Sector Value Financial Services 23.92% Health Care 8.26% Basic Materials 6.98% Consumer Cyclical 6.81% Consumer Defensive 6.06% Technology 4.42% Communication Services 2.66% Energy 2.46% Debt Sector Allocation
Sector Value Cash Equivalent 38.6% Corporate 7.79% Government 3.15% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nifty 50 Index March 2021 Future
- | -11% -₹74 Cr 50,625
↑ 50,625 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 09 | HDFCBANK6% ₹41 Cr 268,008
↓ -67,741 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK5% ₹31 Cr 520,648
↓ -95,215 Infosys Ltd (Technology)
Equity, Since 28 Feb 18 | INFY4% ₹29 Cr 234,138
↓ -76,290 Housing Development Finance Corporation Limited
Debentures | -4% ₹26 Cr 2,500,000 Housing Development Finance Corporation Limited
Debentures | -4% ₹26 Cr 2,500,000 Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 20 | 5001243% ₹22 Cr 50,584
↓ -5,419 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 20 | 5322153% ₹22 Cr 302,582
↓ -99,789 7.26% Govt Stock 2029
Sovereign Bonds | -3% ₹21 Cr 2,000,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Nov 20 | ITC3% ₹20 Cr 983,254 7. L&T Dynamic Equity Fund
CAGR/Annualized return of 11% since its launch. Ranked 28 in Dynamic Allocation category. Return for 2020 was 12.8% , 2019 was 8.2% and 2018 was 3.4% . L&T Dynamic Equity Fund
Growth Launch Date 7 Feb 11 NAV (13 Apr 21) ₹28.866 ↑ 0.06 (0.21 %) Net Assets (Cr) ₹1,378 on 28 Feb 21 Category Hybrid - Dynamic Allocation AMC L&T Investment Management Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.49 Sharpe Ratio 0.76 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 Mar 16 ₹10,000 31 Mar 17 ₹11,152 31 Mar 18 ₹11,825 31 Mar 19 ₹12,562 31 Mar 20 ₹11,628 31 Mar 21 ₹14,978 Returns for L&T Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Apr 21 Duration Returns 1 Month 0.3% 3 Month -0.3% 6 Month 6.1% 1 Year 24% 3 Year 7.7% 5 Year 8.4% 10 Year 15 Year Since launch 11% Historical performance (Yearly) on absolute basis
Year Returns 2020 12.8% 2019 8.2% 2018 3.4% 2017 11.4% 2016 1.9% 2015 3.8% 2014 49.7% 2013 7.2% 2012 31.3% 2011 Fund Manager information for L&T Dynamic Equity Fund
Name Since Tenure Venugopal Manghat 17 Dec 19 1.29 Yr. Jalpan Shah 30 May 16 4.84 Yr. Praveen Ayathan 1 Feb 16 5.17 Yr. Vihang Naik 17 Dec 19 1.29 Yr. Data below for L&T Dynamic Equity Fund as on 28 Feb 21
Asset Allocation
Asset Class Value Cash 56.81% Equity 28.46% Debt 14.73% Equity Sector Allocation
Sector Value Financial Services 18.09% Industrials 9.19% Basic Materials 6.85% Consumer Defensive 6.67% Technology 5.16% Communication Services 4.83% Consumer Cyclical 4.66% Health Care 4.42% Energy 4.11% Utility 1.3% Real Estate 0.82% Debt Sector Allocation
Sector Value Cash Equivalent 55.82% Government 14.9% Corporate 0.82% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.18% Govt Stock 2024
Sovereign Bonds | -8% ₹105 Cr 10,000,000
↑ 5,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK6% ₹88 Cr 1,475,625 L&T Liquid Dir Gr
Investment Fund | -6% ₹81 Cr 288 Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -6% -₹77 Cr 1,127,500
↑ 1,127,500 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 May 20 | 5329216% ₹76 Cr 1,127,500 Future on ICICI Bank Ltd
Derivatives | -5% -₹72 Cr 1,192,125 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 18 | BHARTIARTL5% ₹67 Cr 1,195,815 Future on State Bank of India
Derivatives | -4% -₹60 Cr 1,521,000
↑ 1,521,000 State Bank of India (Financial Services)
Equity, Since 31 Jul 20 | SBIN4% ₹59 Cr 1,521,000
↑ 561,000 Future on Bharti Airtel Ltd
Derivatives | -3% -₹48 Cr 860,715 8. Principal Balanced Advantage Fund
CAGR/Annualized return of 8.4% since its launch. Return for 2020 was 10% , 2019 was 1% and 2018 was 3.2% . Principal Balanced Advantage Fund
Growth Launch Date 16 Dec 10 NAV (13 Apr 21) ₹23.06 ↑ 0.07 (0.30 %) Net Assets (Cr) ₹177 on 28 Feb 21 Category Hybrid - Dynamic Allocation AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 2.41 Sharpe Ratio 0.65 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 Mar 16 ₹10,000 31 Mar 17 ₹11,205 31 Mar 18 ₹11,847 31 Mar 19 ₹12,586 31 Mar 20 ₹11,490 31 Mar 21 ₹13,998 Returns for Principal Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Apr 21 Duration Returns 1 Month -0.5% 3 Month 0.8% 6 Month 6.2% 1 Year 19.9% 3 Year 5.1% 5 Year 6.8% 10 Year 15 Year Since launch 8.4% Historical performance (Yearly) on absolute basis
Year Returns 2020 10% 2019 1% 2018 3.2% 2017 13.1% 2016 4.5% 2015 3.4% 2014 34.1% 2013 5.4% 2012 30.7% 2011 -13.2% Fund Manager information for Principal Balanced Advantage Fund
Name Since Tenure Bekxy Kuriakose 1 Jan 18 3.25 Yr. Ravi Gopalakrishnan 29 Jul 19 1.68 Yr. Data below for Principal Balanced Advantage Fund as on 28 Feb 21
Asset Allocation
Asset Class Value Cash 66.82% Equity 23.34% Debt 9.84% Equity Sector Allocation
Sector Value Financial Services 23.92% Technology 10.35% Basic Materials 6.67% Consumer Cyclical 6.17% Health Care 5.84% Energy 5.02% Industrials 2.77% Communication Services 2.76% Consumer Defensive 2.08% Real Estate 0.45% Debt Sector Allocation
Sector Value Cash Equivalent 66.82% Government 8.72% Corporate 1.12% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | ICICIBANK7% ₹12 Cr 196,814 Future on ICICI Bank Ltd
Derivatives | -6% -₹10 Cr 165,000
↑ 165,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | INFY4% ₹8 Cr 60,017 State Bank of India (Financial Services)
Equity, Since 31 Dec 10 | SBIN4% ₹7 Cr 187,795 Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Dec 10 | RELIANCE4% ₹7 Cr 34,102 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 19 | 5322154% ₹7 Cr 93,630 Future on State Bank of India
Derivatives | -4% -₹6 Cr 165,000
↑ 165,000 Future on Axis Bank Ltd
Derivatives | -3% -₹6 Cr 84,000
↑ 84,000 Future on Tata Motors Ltd
Derivatives | -3% -₹5 Cr 153,900
↑ 153,900 Future on Infosys Ltd
Derivatives | -3% -₹5 Cr 39,600
↑ 39,600
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