Table of Contents
8 Best Balanced Advantage Mutual Funds 2024
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.
Talk to our investment specialist
8 Best Balanced Advantage Mutual Funds for Investments in India 2024 - 2025
(Erstwhile HDFC Growth Fund and HDFC Prudence Fund) Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. HDFC Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 11 Sep 00. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Balanced Advantage Fund Returns up to 1 year are on The primary objective of the Scheme is to generate long term growth of capital and income distribution with relatively lower volatility by investing in a dynamically balanced portfolio of Equity & Equity linked investments and fixed-income securities. Aditya Birla Sun Life Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 25 Apr 00. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Balanced Advantage Fund Returns up to 1 year are on (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 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 investment objective of the Scheme is to generate long-term capital growth from a focused portfolio of predominantly equity and equity-related securities. Invesco India Dynamic Equity Fund is a Hybrid - Dynamic Allocation fund was launched on 4 Oct 07. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Dynamic Equity Fund Returns up to 1 year are on (Erstwhile Edelweiss Dynamic Equity Advantage Fund) The primary objective of the scheme will be to generate absolute returns with low volatility over a longer tenure of time. The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments. The Scheme proposes to allocate assets to both equity and debt markets based upon the market view. However there is no assurance that the investment objective of the scheme will be realized. Edelweiss Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 20 Aug 09. It is a fund with Moderately High risk and has given a Below is the key information for Edelweiss Balanced Advantage Fund Returns up to 1 year are on The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt /money market instruments for defensive purposes. The Scheme will decide on allocation of funds into equity assets based on equity market Price Earning Ratio (PE Ratio) levels. When the markets become expensive in terms of ‘Price to Earnings’ Ratio; the Scheme will reduce its allocation to equities and move assets into debt and/or money market instruments and vice versa. Principal Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 16 Dec 10. It is a fund with Moderately High risk and has given a Below is the key information for Principal Balanced Advantage Fund Returns up to 1 year are on To seek to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets. L&T Dynamic Equity Fund is a Hybrid - Dynamic Allocation fund was launched on 7 Feb 11. It is a fund with Moderately High risk and has given a Below is the key information for L&T Dynamic Equity Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) HDFC Balanced Advantage Fund Growth ₹507.82
↑ 0.85 ₹95,391 1 10.6 33.5 21.7 21.8 31.3 Aditya Birla Sun Life Balanced Advantage Fund Growth ₹103
↑ 0.22 ₹7,560 3.7 11.6 24.7 11.8 14.2 16.5 Nippon India Balanced Advantage Fund Growth ₹172.14
↑ 0.53 ₹8,803 2.2 9.1 24.4 12 13.8 17.5 ICICI Prudential Balanced Advantage Fund Growth ₹70.83
↑ 0.26 ₹61,106 3.6 9 23.2 13.1 14.4 16.5 Invesco India Dynamic Equity Fund Growth ₹53.31
↑ 0.19 ₹866 3.5 10.4 27.2 12.4 12.9 20.1 Edelweiss Balanced Advantage Fund Growth ₹50.81
↑ 0.25 ₹12,399 2.7 10.1 27 12 16.6 18.8 Principal Balanced Advantage Fund Growth ₹34.8669
↑ 0.08 ₹1,574 3.1 9.9 23.4 11.3 11.4 14.1 L&T Dynamic Equity Fund Growth ₹42.4774
↑ 0.20 ₹1,502 2.2 8.6 23 10.7 11.7 18 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Oct 24 1. HDFC Balanced Advantage Fund
CAGR/Annualized return of 18.6% since its launch. Ranked 23 in Dynamic Allocation category. Return for 2023 was 31.3% , 2022 was 18.8% and 2021 was 26.4% . HDFC Balanced Advantage Fund
Growth Launch Date 11 Sep 00 NAV (09 Oct 24) ₹507.82 ↑ 0.85 (0.17 %) Net Assets (Cr) ₹95,391 on 31 Aug 24 Category Hybrid - Dynamic Allocation AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.43 Sharpe Ratio 3.23 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 30 Sep 19 ₹10,000 30 Sep 20 ₹9,015 30 Sep 21 ₹14,437 30 Sep 22 ₹15,700 30 Sep 23 ₹19,881 30 Sep 24 ₹26,641 Returns for HDFC Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 24 Duration Returns 1 Month 0.1% 3 Month 1% 6 Month 10.6% 1 Year 33.5% 3 Year 21.7% 5 Year 21.8% 10 Year 15 Year Since launch 18.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.3% 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% Fund Manager information for HDFC Balanced Advantage Fund
Name Since Tenure Anil Bamboli 29 Jul 22 2.1 Yr. Gopal Agrawal 29 Jul 22 2.1 Yr. Arun Agarwal 6 Oct 22 1.91 Yr. Srinivasan Ramamurthy 29 Jul 22 2.1 Yr. Nirman Morakhia 15 Feb 23 1.54 Yr. Dhruv Muchhal 22 Jun 23 1.2 Yr. Data below for HDFC Balanced Advantage Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 19.5% Equity 51.47% Debt 29.04% Equity Sector Allocation
Sector Value Financial Services 22.05% Industrials 9.84% Energy 7.96% Utility 5.04% Technology 4.85% Health Care 4.12% Consumer Cyclical 3.56% Consumer Defensive 2.89% Communication Services 2.5% Basic Materials 1.76% Real Estate 1.3% Debt Sector Allocation
Sector Value Cash Equivalent 19.5% Government 17.53% Corporate 11.51% Credit Quality
Rating Value AA 1% AAA 97.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | 5001806% ₹5,822 Cr 35,564,751
↑ 2,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | 5321744% ₹3,416 Cr 27,787,724 State Bank of India (Financial Services)
Equity, Since 31 May 07 | 5001123% ₹3,159 Cr 38,732,750 Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA3% ₹3,007 Cr 57,282,114
↓ -4,100,000 NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 5325553% ₹2,991 Cr 71,855,915
↑ 40,500 7.38% Govt Stock 2027
Sovereign Bonds | -3% ₹2,769 Cr 272,581,800 Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | 5002093% ₹2,588 Cr 13,314,298 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | 5005103% ₹2,398 Cr 6,473,583
↑ 112,650 7.18% Govt Stock 2033
Sovereign Bonds | -2% ₹2,328 Cr 228,533,300
↑ 15,000,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | 5003252% ₹2,177 Cr 7,210,433
↑ 71,500 2. Aditya Birla Sun Life Balanced Advantage Fund
CAGR/Annualized return of since its launch. Ranked 19 in Dynamic Allocation category. Return for 2023 was 16.5% , 2022 was 4.2% and 2021 was 13.4% . Aditya Birla Sun Life Balanced Advantage Fund
Growth Launch Date 25 Apr 00 NAV (09 Oct 24) ₹103 ↑ 0.22 (0.21 %) Net Assets (Cr) ₹7,560 on 31 Aug 24 Category Hybrid - Dynamic Allocation AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.77 Sharpe Ratio 2.48 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 30 Sep 19 ₹10,000 30 Sep 20 ₹10,253 30 Sep 21 ₹13,634 30 Sep 22 ₹13,690 30 Sep 23 ₹15,475 30 Sep 24 ₹19,397 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 9 Oct 24 Duration Returns 1 Month 1.1% 3 Month 3.7% 6 Month 11.6% 1 Year 24.7% 3 Year 11.8% 5 Year 14.2% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2023 16.5% 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% Fund Manager information for Aditya Birla Sun Life Balanced Advantage Fund
Name Since Tenure Lovelish Solanki 9 Oct 19 4.9 Yr. Mohit Sharma 1 Apr 17 7.42 Yr. Vishal Gajwani 1 Apr 22 2.42 Yr. Data below for Aditya Birla Sun Life Balanced Advantage Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 26% Equity 55.32% Debt 18.35% Other 0.33% Equity Sector Allocation
Sector Value Financial Services 18.68% Industrials 8.76% Consumer Cyclical 8.12% Technology 7.37% Energy 7.31% Consumer Defensive 5.92% Basic Materials 5.51% Health Care 4.84% Utility 3.2% Communication Services 3.17% Real Estate 2.28% Debt Sector Allocation
Sector Value Cash Equivalent 26% Corporate 12.75% Government 5.27% Securitized 0.33% Credit Quality
Rating Value AA 18.85% AAA 81.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | 5001805% ₹374 Cr 2,286,089
↓ -209,550 Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 18 | 5003255% ₹362 Cr 1,197,594
↑ 10,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | 5321744% ₹320 Cr 2,599,437
↓ -48,632 Infosys Ltd (Technology)
Equity, Since 31 Dec 07 | 5002094% ₹295 Cr 1,519,762 7.18% Govt Stock 2037
Sovereign Bonds | -2% ₹184 Cr 18,000,000 Nifty_(26/09/2024)
- | -2% -₹178 Cr 70,200
↑ 70,200 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | 5005102% ₹172 Cr 465,485 ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | 5008752% ₹172 Cr 3,419,380
↑ 136,000 Reliance_(26/09/2024)
Derivatives | -2% -₹159 Cr 524,250
↑ 524,250 NTPC Ltd (Utilities)
Equity, Since 30 Nov 16 | 5325552% ₹152 Cr 3,657,908
↑ 52,500 3. Nippon India Balanced Advantage Fund
CAGR/Annualized return of 15.4% since its launch. Ranked 46 in Dynamic Allocation category. Return for 2023 was 17.5% , 2022 was 5.1% and 2021 was 15.7% . Nippon India Balanced Advantage Fund
Growth Launch Date 15 Nov 04 NAV (09 Oct 24) ₹172.14 ↑ 0.53 (0.31 %) Net Assets (Cr) ₹8,803 on 31 Aug 24 Category Hybrid - Dynamic Allocation AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 1.77 Sharpe Ratio 3.02 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 30 Sep 19 ₹10,000 30 Sep 20 ₹10,159 30 Sep 21 ₹13,322 30 Sep 22 ₹13,648 30 Sep 23 ₹15,218 30 Sep 24 ₹19,161 Returns for Nippon India Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 24 Duration Returns 1 Month -0.3% 3 Month 2.2% 6 Month 9.1% 1 Year 24.4% 3 Year 12% 5 Year 13.8% 10 Year 15 Year Since launch 15.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 17.5% 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% Fund Manager information for Nippon India Balanced Advantage Fund
Name Since Tenure Ashutosh Bhargava 7 May 18 6.32 Yr. Kinjal Desai 25 May 18 6.27 Yr. Amar Kalkundrikar 20 Oct 20 3.87 Yr. Sushil Budhia 31 Mar 21 3.42 Yr. Data below for Nippon India Balanced Advantage Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 16.78% Equity 59.97% Debt 23.25% Equity Sector Allocation
Sector Value Financial Services 21.47% Consumer Defensive 9.13% Technology 8.34% Industrials 7.84% Consumer Cyclical 7.8% Communication Services 4.64% Utility 3.63% Energy 3.38% Health Care 2.06% Basic Materials 1.55% Real Estate 1.27% Debt Sector Allocation
Sector Value Cash Equivalent 16.78% Corporate 13.7% Government 8.39% Securitized 1.17% Credit Quality
Rating Value AA 29.89% AAA 70.11% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5321746% ₹509 Cr 4,140,426
↓ -325,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | 5001805% ₹472 Cr 2,884,813 Infosys Ltd (Technology)
Equity, Since 31 May 09 | 5002095% ₹403 Cr 2,072,950 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | 5324543% ₹296 Cr 1,862,468 NTPC Ltd (Utilities)
Equity, Since 31 Mar 21 | 5325553% ₹263 Cr 6,319,300 Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | 5003252% ₹213 Cr 706,745 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | 5008752% ₹196 Cr 3,912,313 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322152% ₹186 Cr 1,579,434 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | 5005102% ₹179 Cr 482,495 Godrej Consumer Products Ltd (Consumer Defensive)
Equity, Since 30 Nov 20 | GODREJCP2% ₹163 Cr 1,098,000 4. ICICI Prudential Balanced Advantage Fund
CAGR/Annualized return of 11.6% since its launch. Ranked 18 in Dynamic Allocation category. Return for 2023 was 16.5% , 2022 was 7.9% and 2021 was 15.1% . ICICI Prudential Balanced Advantage Fund
Growth Launch Date 30 Dec 06 NAV (09 Oct 24) ₹70.83 ↑ 0.26 (0.37 %) Net Assets (Cr) ₹61,106 on 31 Aug 24 Category Hybrid - Dynamic Allocation AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.59 Sharpe Ratio 3.23 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 30 Sep 19 ₹10,000 30 Sep 20 ₹10,367 30 Sep 21 ₹13,304 30 Sep 22 ₹14,102 30 Sep 23 ₹15,829 30 Sep 24 ₹19,586 Returns for ICICI Prudential Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 24 Duration Returns 1 Month 0.5% 3 Month 3.6% 6 Month 9% 1 Year 23.2% 3 Year 13.1% 5 Year 14.4% 10 Year 15 Year Since launch 11.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 16.5% 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% Fund Manager information for ICICI Prudential Balanced Advantage Fund
Name Since Tenure Sankaran Naren 14 Jul 17 7.14 Yr. Rajat Chandak 7 Sep 15 8.99 Yr. Manish Banthia 18 Nov 09 14.8 Yr. Ihab Dalwai 29 Jan 18 6.59 Yr. Akhil Kakkar 22 Jan 24 0.61 Yr. Sri Sharma 30 Apr 21 3.34 Yr. Sharmila D’mello 31 Jul 22 2.09 Yr. Data below for ICICI Prudential Balanced Advantage Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 33.67% Equity 49.93% Debt 16.41% Equity Sector Allocation
Sector Value Financial Services 17.91% Consumer Cyclical 14.84% Consumer Defensive 6.97% Technology 6.7% Industrials 6.25% Basic Materials 5.46% Health Care 3.49% Energy 3.28% Utility 2.93% Communication Services 2.03% Real Estate 0.37% Debt Sector Allocation
Sector Value Cash Equivalent 31.94% Corporate 8.29% Government 7.17% Securitized 2.67% Credit Quality
Rating Value A 3.27% AA 23.75% AAA 70.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nifty 50 Index
- | -5% -₹3,312 Cr 1,305,000
↑ 1,305,000 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 16 | 5323435% ₹3,049 Cr 10,837,682
↓ -1,150,532 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | 5321745% ₹2,753 Cr 22,395,005
↓ -455,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 16 | 5325004% ₹2,652 Cr 2,138,029
↑ 315,188 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | 5001804% ₹2,239 Cr 13,676,987
↑ 2,245,194 Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | 5002093% ₹2,025 Cr 10,419,568
↓ -915,200 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | 5005103% ₹1,679 Cr 4,533,049 ITC Ltd (Consumer Defensive)
Equity, Since 30 Jun 13 | 5008753% ₹1,625 Cr 32,372,717 8% Govt Stock 2034
Sovereign Bonds | -2% ₹1,513 Cr 149,643,240 Embassy Office Parks Reit
Unlisted bonds | -2% ₹1,479 Cr 38,107,913
↓ -1,200,000 5. Invesco India Dynamic Equity Fund
CAGR/Annualized return of 10.3% since its launch. Ranked 55 in Dynamic Allocation category. Return for 2023 was 20.1% , 2022 was 4.1% and 2021 was 13.1% . Invesco India Dynamic Equity Fund
Growth Launch Date 4 Oct 07 NAV (09 Oct 24) ₹53.31 ↑ 0.19 (0.36 %) Net Assets (Cr) ₹866 on 31 Aug 24 Category Hybrid - Dynamic Allocation AMC Invesco Asset Management (India) Private Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.29 Sharpe Ratio 2.76 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 30 Sep 19 ₹10,000 30 Sep 20 ₹10,099 30 Sep 21 ₹12,630 30 Sep 22 ₹12,596 30 Sep 23 ₹14,277 30 Sep 24 ₹18,251 Returns for Invesco India Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 24 Duration Returns 1 Month 1.1% 3 Month 3.5% 6 Month 10.4% 1 Year 27.2% 3 Year 12.4% 5 Year 12.9% 10 Year 15 Year Since launch 10.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.1% 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% Fund Manager information for Invesco India Dynamic Equity Fund
Name Since Tenure Amit Ganatra 1 Sep 22 2 Yr. Dhimant Kothari 1 Sep 22 2 Yr. Data below for Invesco India Dynamic Equity Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 34.64% Equity 49.53% Debt 15.8% Other 0.04% Equity Sector Allocation
Sector Value Industrials 11.65% Financial Services 11.54% Technology 9.58% Consumer Cyclical 6.91% Health Care 6.84% Energy 5.16% Consumer Defensive 4.75% Utility 1.89% Communication Services 1.77% Basic Materials 1.68% Real Estate 0.89% Debt Sector Allocation
Sector Value Cash Equivalent 33.32% Government 9.93% Corporate 7.18% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Future on Larsen & Toubro Ltd
Derivatives | -7% -₹59 Cr 158,250
↑ 112,500 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 21 | 5005107% ₹59 Cr 158,361
↑ 112,500 Invesco India Shrt DurDir Gr
Investment Fund | -6% ₹53 Cr 145,449 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5321746% ₹53 Cr 431,025
↓ -2,780 Invesco India Money Market Dir Gr
Investment Fund | -6% ₹49 Cr 164,551 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 22 | TCS6% ₹48 Cr 106,139 Reliance Industries Limited September 2024 Future
Derivatives | -4% -₹36 Cr 118,750
↑ 118,750 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 21 | 5003254% ₹36 Cr 118,866 Future on Tata Consultancy Services Ltd
Derivatives | -3% -₹29 Cr 63,875 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Jun 23 | 5403763% ₹26 Cr 52,401
↓ -5,159 6. Edelweiss Balanced Advantage Fund
CAGR/Annualized return of 11.3% since its launch. Ranked 26 in Dynamic Allocation category. Return for 2023 was 18.8% , 2022 was 2.1% and 2021 was 18.8% . Edelweiss Balanced Advantage Fund
Growth Launch Date 20 Aug 09 NAV (09 Oct 24) ₹50.81 ↑ 0.25 (0.49 %) Net Assets (Cr) ₹12,399 on 31 Aug 24 Category Hybrid - Dynamic Allocation AMC Edelweiss Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.72 Sharpe Ratio 2.92 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 30 Sep 19 ₹10,000 30 Sep 20 ₹11,050 30 Sep 21 ₹14,975 30 Sep 22 ₹14,958 30 Sep 23 ₹16,828 30 Sep 24 ₹21,611 Returns for Edelweiss Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 24 Duration Returns 1 Month 0.6% 3 Month 2.7% 6 Month 10.1% 1 Year 27% 3 Year 12% 5 Year 16.6% 10 Year 15 Year Since launch 11.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 18.8% 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% Fund Manager information for Edelweiss Balanced Advantage Fund
Name Since Tenure Bhavesh Jain 7 Aug 13 11.07 Yr. Bharat Lahoti 18 Sep 17 6.96 Yr. Rahul Dedhia 23 Nov 21 2.77 Yr. Pranavi Kulkarni 1 Aug 24 0.08 Yr. Data below for Edelweiss Balanced Advantage Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 18.94% Equity 69.62% Debt 11.44% Equity Sector Allocation
Sector Value Financial Services 20.4% Consumer Cyclical 11.07% Technology 9.05% Industrials 8.03% Health Care 5.04% Utility 4.92% Energy 4.74% Consumer Defensive 4.56% Communication Services 3.52% Basic Materials 3.14% Real Estate 1.5% Debt Sector Allocation
Sector Value Cash Equivalent 18.94% Corporate 7.64% Government 3.58% Securitized 0.21% Credit Quality
Rating Value AAA 92.85% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | 5001805% ₹630 Cr 3,846,066
↓ -349,184 Nifty 26-Sep-2024
- | -5% -₹609 Cr 240,000
↑ 240,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | 5321744% ₹515 Cr 4,192,234
↓ -391,740 Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | 5002093% ₹331 Cr 1,702,186
↓ -160,524 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | 5003253% ₹327 Cr 1,081,408
↓ -100,712 NTPC Ltd (Utilities)
Equity, Since 31 Mar 21 | 5325553% ₹324 Cr 7,796,261
↑ 2,550,796 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | 5324542% ₹291 Cr 1,829,490
↓ -170,304 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 5322152% ₹268 Cr 2,276,521
↓ -213,936 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 15 | 5325002% ₹230 Cr 185,322
↓ -17,592 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | TATAMOTORS2% ₹208 Cr 1,871,547
↑ 1,828,472 7. Principal Balanced Advantage Fund
CAGR/Annualized return of 9.5% since its launch. Return for 2023 was 14.1% , 2022 was 5.7% and 2021 was 10.9% . Principal Balanced Advantage Fund
Growth Launch Date 16 Dec 10 NAV (09 Oct 24) ₹34.8669 ↑ 0.08 (0.24 %) Net Assets (Cr) ₹1,574 on 31 Aug 24 Category Hybrid - Dynamic Allocation AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 2.07 Sharpe Ratio 2.19 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 30 Sep 19 ₹10,000 30 Sep 20 ₹10,543 30 Sep 21 ₹12,216 30 Sep 22 ₹12,647 30 Sep 23 ₹13,904 30 Sep 24 ₹17,325 Returns for Principal Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 24 Duration Returns 1 Month 0.7% 3 Month 3.1% 6 Month 9.9% 1 Year 23.4% 3 Year 11.3% 5 Year 11.4% 10 Year 15 Year Since launch 9.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 14.1% 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% Fund Manager information for Principal Balanced Advantage Fund
Name Since Tenure Dwijendra Srivastava 1 Jan 22 2.67 Yr. S. Bharath 1 Jan 22 2.67 Yr. Data below for Principal Balanced Advantage Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 19.48% Equity 57.44% Debt 23.08% Equity Sector Allocation
Sector Value Financial Services 24.81% Technology 8.57% Consumer Cyclical 7.6% Energy 6.9% Health Care 6.01% Industrials 5.55% Consumer Defensive 4.27% Basic Materials 2.86% Communication Services 2.6% Utility 1.7% Debt Sector Allocation
Sector Value Cash Equivalent 19.48% Government 16.04% Corporate 5.32% Securitized 1.73% Credit Quality
Rating Value AAA 97.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5001807% ₹107 Cr 656,390
↓ -16,600 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 10 | 5003256% ₹92 Cr 303,750
↓ -4,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | 5321744% ₹70 Cr 571,730
↓ -38,200 Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | 5002094% ₹60 Cr 310,300 7.18% Govt Stock 2033
Sovereign Bonds | -4% ₹56 Cr 5,500,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 18 | 5324543% ₹41 Cr 257,500
↓ -9,300 7.38% Govt Stock 2027
Sovereign Bonds | -3% ₹41 Cr 4,000,000 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 Dec 21 | KALYANKJIL2% ₹36 Cr 579,000
↓ -21,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 21 | 5002472% ₹36 Cr 199,520 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 10 | 5005102% ₹32 Cr 87,300 8. L&T Dynamic Equity Fund
CAGR/Annualized return of 11.2% since its launch. Ranked 28 in Dynamic Allocation category. Return for 2023 was 18% , 2022 was 1.8% and 2021 was 8.4% . L&T Dynamic Equity Fund
Growth Launch Date 7 Feb 11 NAV (09 Oct 24) ₹42.4774 ↑ 0.20 (0.46 %) Net Assets (Cr) ₹1,502 on 31 Aug 24 Category Hybrid - Dynamic Allocation AMC L&T Investment Management Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.12 Sharpe Ratio 2.02 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 30 Sep 19 ₹10,000 30 Sep 20 ₹10,929 30 Sep 21 ₹12,635 30 Sep 22 ₹12,546 30 Sep 23 ₹14,113 30 Sep 24 ₹17,375 Returns for L&T Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 24 Duration Returns 1 Month 0.3% 3 Month 2.2% 6 Month 8.6% 1 Year 23% 3 Year 10.7% 5 Year 11.7% 10 Year 15 Year Since launch 11.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 18% 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% Fund Manager information for L&T Dynamic Equity Fund
Name Since Tenure Kapil Punjabi 1 May 24 0.33 Yr. Mahesh Chhabria 15 Jul 23 1.13 Yr. Neelotpal Sahai 26 Nov 22 1.76 Yr. Praveen Ayathan 1 Oct 23 0.92 Yr. Gautam Bhupal 1 Oct 23 0.92 Yr. Sonal Gupta 1 Oct 23 0.92 Yr. Hitesh Gondhia 1 Oct 23 0.92 Yr. Data below for L&T Dynamic Equity Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 2.63% Equity 67.56% Debt 29.81% Equity Sector Allocation
Sector Value Financial Services 19.52% Industrials 10.43% Health Care 7.76% Basic Materials 6.28% Technology 6.19% Consumer Cyclical 6% Utility 3.46% Real Estate 2.79% Consumer Defensive 2.57% Energy 2.56% Debt Sector Allocation
Sector Value Government 15.77% Corporate 15.01% Cash Equivalent 1.65% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 5321744% ₹63 Cr 511,800
↑ 11,800 7.18% Govt Stock 2033
Sovereign Bonds | -4% ₹57 Cr 5,600,000 Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Apr 21 | AUROPHARMA4% ₹54 Cr 345,400 7.06% Govt Stock 2028
Sovereign Bonds | -3% ₹50 Cr 4,800,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | 5322153% ₹43 Cr 366,875
↑ 166,875 7.37% Govt Stock 2028
Sovereign Bonds | -3% ₹42 Cr 4,000,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 11 | 5005102% ₹37 Cr 100,000
↓ -15,000 Dixon Technologies (India) Ltd (Technology)
Equity, Since 31 Jan 24 | DIXON2% ₹34 Cr 25,500 Tata Power Co Ltd (Utilities)
Equity, Since 30 Sep 22 | TATAPOWER2% ₹33 Cr 764,100
↑ 186,300 Ambuja Cements Ltd (Basic Materials)
Equity, Since 30 Jun 22 | 5004252% ₹31 Cr 504,000
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2024 Shepard Technologies Private Limited. All Rights Reserved
Informative . Comparison has been shown nicely in small space.