+91-22-48913909
Fincash » Mutual Funds » Best Dynamic Asset Allocation Funds
Table of Contents
8 Best Dynamic Asset Allocation Funds to Invest 2024
Investors who are confused whether to invest in debt or equity, here is an easy way out- invest in Dynamic Asset Allocation (DAA) Fund. These funds dynamically manage their investments in equity and debt instruments. This fund falls under the hybrid category of Mutual Funds. Investors who are confused about their risk-appetite or don’t have much about Portfolio allocation can discover dynamic asset allocation funds.
What are Dynamic Asset Allocation Funds?
Dynamic asset allocation funds invest in debt and equity instruments based on pre-defined Market indicators, such as the PE ratio. The PE ratio is the Price Earnings, which the most primary valuation tool used by the investors. In dynamic asset allocation, if the PE ratio of a broader index such as S&P BSE 100 goes above a certain level, the scheme would sell a portion of its equity portfolio and increase the portion of its investment in debt securities.
Similarly, when the equity market improves and the PE ratio comes to the pre-defined level, dynamic asset allocation would again increase its exposure to equity instruments and reduce the portion of debt investments. Due to this strategy, these funds are considered to be an excellent investment for volatile times.
One of the key advantages of these funds is that they manage risk very well. To reduce the risk, they invest in different assets such as equity and debt. What makes dynamic asset allocation funds unique from pure debt or equity plans is that they are not mandated to remain invested in a particular Asset Class, they can actively rebalance their portfolio as per the market scenario.
Top 8 Best Performing Dynamic Asset Allocation Funds to Invest FY 24 - 25
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) HDFC Balanced Advantage Fund Growth ₹456.142
↑ 0.50 ₹78,759 4.8 18.1 38.7 25.2 17.8 31.3 ICICI Prudential Balanced Advantage Fund Growth ₹64.15
↓ -0.14 ₹55,229 3.1 10.5 20.7 13.3 12.5 16.5 Edelweiss Balanced Advantage Fund Growth ₹45.65
↓ -0.10 ₹10,623 3.8 13 24.8 13.2 14 18.8 Nippon India Balanced Advantage Fund Growth ₹156.226
↓ -0.26 ₹7,651 3.2 12.2 23.4 12.9 11.2 17.5 Invesco India Dynamic Equity Fund Growth ₹47.81
↓ -0.10 ₹707 3 13 25.7 12.9 10.6 20.1 Axis Dynamic Equity Fund Growth ₹17.93
↓ -0.06 ₹2,058 2.7 12.5 25.1 12.2 10.3 20 Aditya Birla Sun Life Balanced Advantage Fund Growth ₹91.39
↓ -0.20 ₹7,036 2.2 9.5 20.3 11.7 11.4 16.5 Motilal Oswal Dynamic Fund Growth ₹19.6057
↑ 0.03 ₹1,246 0.6 5.5 32.4 10.6 9.8 24.1 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Apr 24 Assets> = 200 Crore & Sorted on 3 Year CAGR Return.
(Erstwhile HDFC Growth Fund and HDFC Prudence Fund) Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. HDFC Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 11 Sep 00. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Balanced Advantage Fund Returns up to 1 year are on The fund objective is to seek low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio.The fund invests in equity with usage of derivatives. ICICI Prudential Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 30 Dec 06. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Balanced Advantage Fund Returns up to 1 year are on (Erstwhile 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 (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 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 generate capital appreciation by investing in a portfolio of equity or equity linked securities while secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. Axis Dynamic Equity Fund is a Hybrid - Dynamic Allocation fund was launched on 1 Aug 17. It is a fund with Moderately High risk and has given a Below is the key information for Axis Dynamic Equity 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 Motilal Oswal MOSt Focused Dynamic Equity Fund) The investment objective is to generate long term capital appreciation by investing in equity and equity related instruments including equity derivatives, debt, money market instruments and units issued by REITs and InvITs. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. Motilal Oswal Dynamic Fund is a Hybrid - Dynamic Allocation fund was launched on 27 Sep 16. It is a fund with Moderately High risk and has given a Below is the key information for Motilal Oswal Dynamic Fund Returns up to 1 year are on 1. HDFC Balanced Advantage Fund
CAGR/Annualized return of 18.5% 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 (16 Apr 24) ₹456.142 ↑ 0.50 (0.11 %) Net Assets (Cr) ₹78,759 on 29 Feb 24 Category Hybrid - Dynamic Allocation AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.61 Sharpe Ratio 3.45 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,472 31 Mar 21 ₹11,728 31 Mar 22 ₹14,196 31 Mar 23 ₹16,080 31 Mar 24 ₹22,455 Returns for HDFC Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 2.7% 3 Month 4.8% 6 Month 18.1% 1 Year 38.7% 3 Year 25.2% 5 Year 17.8% 10 Year 15 Year Since launch 18.5% 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 1.68 Yr. Gopal Agrawal 29 Jul 22 1.68 Yr. Arun Agarwal 6 Oct 22 1.49 Yr. Srinivasan Ramamurthy 29 Jul 22 1.68 Yr. Nirman Morakhia 15 Feb 23 1.13 Yr. Dhruv Muchhal 22 Jun 23 0.78 Yr. Data below for HDFC Balanced Advantage Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 15.85% Equity 58.48% Debt 25.67% Equity Sector Allocation
Sector Value Financial Services 23.42% Industrials 10.46% Energy 8.97% Utility 6.3% Technology 4.01% Consumer Cyclical 4% Health Care 3.78% Consumer Defensive 2.34% Basic Materials 1.82% Communication Services 1.69% Real Estate 1.43% Debt Sector Allocation
Sector Value Government 17.95% Cash Equivalent 15.28% Corporate 8.29% Credit Quality
Rating Value AA 1.29% AAA 97.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK6% ₹4,463 Cr 31,804,751 Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA4% ₹3,218 Cr 73,700,000
↓ -2,000,000 State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN4% ₹3,024 Cr 40,426,000
↓ -666,271 7.38% Govt Stock 2027
Sovereign Bonds | -3% ₹2,750 Cr 272,581,800 NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 5325553% ₹2,691 Cr 80,175,943
↓ -3,598,464 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK3% ₹2,690 Cr 25,564,524 Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY3% ₹2,003 Cr 11,967,098 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE2% ₹1,949 Cr 6,672,683 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT2% ₹1,932 Cr 5,556,183 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | 5328102% ₹1,752 Cr 43,712,162 2. ICICI Prudential Balanced Advantage Fund
CAGR/Annualized return of 11.3% 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 (16 Apr 24) ₹64.15 ↓ -0.14 (-0.22 %) Net Assets (Cr) ₹55,229 on 29 Feb 24 Category Hybrid - Dynamic Allocation AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.59 Sharpe Ratio 3.09 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 19 ₹10,000 31 Mar 20 ₹8,650 31 Mar 21 ₹12,518 31 Mar 22 ₹14,021 31 Mar 23 ₹14,861 31 Mar 24 ₹18,237 Returns for ICICI Prudential Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 1% 3 Month 3.1% 6 Month 10.5% 1 Year 20.7% 3 Year 13.3% 5 Year 12.5% 10 Year 15 Year Since launch 11.3% 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 6.72 Yr. Rajat Chandak 7 Sep 15 8.57 Yr. Manish Banthia 18 Nov 09 14.38 Yr. Ihab Dalwai 29 Jan 18 6.18 Yr. Akhil Kakkar 22 Jan 24 0.19 Yr. Sri Sharma 30 Apr 21 2.92 Yr. Sharmila D’mello 31 Jul 22 1.67 Yr. Data below for ICICI Prudential Balanced Advantage Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 33.21% Equity 43.83% Debt 22.96% Equity Sector Allocation
Sector Value Financial Services 17.38% Consumer Cyclical 13.07% Consumer Defensive 7.1% Technology 6.89% Industrials 4.89% Basic Materials 4.64% Health Care 3.9% Energy 3.57% Utility 2.18% Communication Services 2.1% Real Estate 0.36% Debt Sector Allocation
Sector Value Cash Equivalent 32.23% Government 14.13% Corporate 7.06% Securitized 2.75% Credit Quality
Rating Value A 3.22% AA 19.54% AAA 75.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nifty 50 Index
- | -6% -₹3,039 Cr 1,371,150
↓ -776,150 8.25% Govt Stock 2033
Sovereign Bonds | -5% ₹2,628 Cr 259,689,000
↑ 20,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK5% ₹2,590 Cr 24,615,005
↓ -2,256,100 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 16 | 5323435% ₹2,513 Cr 11,748,525
↑ 200,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK4% ₹2,001 Cr 14,256,793
↓ -299,200 Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY4% ₹1,975 Cr 11,796,331
↑ 600,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 16 | MARUTI3% ₹1,907 Cr 1,688,980
↓ -260,000 7.18% Govt Stock 2033
Sovereign Bonds | -3% ₹1,668 Cr 165,699,810 8.1% Govt Stock 2034
Sovereign Bonds | -3% ₹1,507 Cr 151,976,540 Embassy Office Parks Reit
Unlisted bonds | -3% ₹1,469 Cr 39,307,913 3. Edelweiss Balanced Advantage Fund
CAGR/Annualized return of 10.9% 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 (16 Apr 24) ₹45.65 ↓ -0.10 (-0.22 %) Net Assets (Cr) ₹10,623 on 29 Feb 24 Category Hybrid - Dynamic Allocation AMC Edelweiss Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.79 Sharpe Ratio 2.4 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 19 ₹10,000 31 Mar 20 ₹9,419 31 Mar 21 ₹13,366 31 Mar 22 ₹15,093 31 Mar 23 ₹15,357 31 Mar 24 ₹19,295 Returns for Edelweiss Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 2.4% 3 Month 3.8% 6 Month 13% 1 Year 24.8% 3 Year 13.2% 5 Year 14% 10 Year 15 Year Since launch 10.9% 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 10.66 Yr. Bharat Lahoti 18 Sep 17 6.54 Yr. Rahul Dedhia 23 Nov 21 2.36 Yr. Data below for Edelweiss Balanced Advantage Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 15.78% Equity 69.79% Debt 14.43% Equity Sector Allocation
Sector Value Financial Services 22.5% Consumer Cyclical 11.42% Technology 8.23% Industrials 7.78% Energy 7.59% Consumer Defensive 6.42% Health Care 3.76% Basic Materials 3.47% Utility 3.15% Communication Services 1.9% Real Estate 1.21% Debt Sector Allocation
Sector Value Cash Equivalent 15.78% Corporate 7.11% Government 7.08% Securitized 0.24% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nifty 28/03/2024
- | -6% -₹665 Cr 300,000
↑ 300,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK5% ₹510 Cr 3,632,060
↓ -150,316 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK4% ₹477 Cr 4,530,107
↓ -113,561 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE4% ₹374 Cr 1,280,355
↓ -32,297 Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY3% ₹276 Cr 1,648,761
↓ -40,584 7.38% Govt Stock 2027
Sovereign Bonds | -2% ₹252 Cr 25,000,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 17 | SBIN2% ₹234 Cr 3,131,910
↑ 278,907 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 20 | LT2% ₹226 Cr 649,035
↑ 69,458 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 15 | MARUTI2% ₹221 Cr 195,719
↑ 14,875 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL2% ₹202 Cr 1,793,918
↓ -44,469 4. Nippon India Balanced Advantage Fund
CAGR/Annualized return of 15.2% 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 (16 Apr 24) ₹156.226 ↓ -0.26 (-0.16 %) Net Assets (Cr) ₹7,651 on 29 Feb 24 Category Hybrid - Dynamic Allocation AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 1.86 Sharpe Ratio 2.5 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,641 31 Mar 21 ₹12,023 31 Mar 22 ₹13,251 31 Mar 23 ₹13,760 31 Mar 24 ₹17,090 Returns for Nippon India Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 2.1% 3 Month 3.2% 6 Month 12.2% 1 Year 23.4% 3 Year 12.9% 5 Year 11.2% 10 Year 15 Year Since launch 15.2% 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 5.9 Yr. Kinjal Desai 25 May 18 5.85 Yr. Amar Kalkundrikar 20 Oct 20 3.45 Yr. Sushil Budhia 31 Mar 21 3 Yr. Data below for Nippon India Balanced Advantage Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 15.87% Equity 58.87% Debt 24.87% Other 0.39% Equity Sector Allocation
Sector Value Financial Services 21.45% Industrials 8.98% Consumer Cyclical 8.09% Consumer Defensive 6.47% Technology 6.09% Energy 4.38% Health Care 4.2% Communication Services 3.4% Utility 3.1% Basic Materials 1.29% Real Estate 0.01% Debt Sector Allocation
Sector Value Corporate 16.08% Cash Equivalent 15.87% Government 7.85% Securitized 0.94% Credit Quality
Rating Value AA 33.54% AAA 66.46% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK6% ₹470 Cr 4,465,426
↓ -150,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK5% ₹377 Cr 2,684,813 Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY4% ₹318 Cr 1,897,950 Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE3% ₹265 Cr 906,745 NTPC Ltd (Utilities)
Equity, Since 31 Mar 21 | 5325553% ₹212 Cr 6,319,300 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | BHARTIARTL3% ₹200 Cr 1,777,434 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322153% ₹199 Cr 1,854,434
↓ -140,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LT3% ₹196 Cr 562,495 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC2% ₹141 Cr 3,462,313
↓ -500,000 Godrej Consumer Products Ltd (Consumer Defensive)
Equity, Since 30 Nov 20 | 5324242% ₹132 Cr 1,048,000 5. Invesco India Dynamic Equity Fund
CAGR/Annualized return of 9.9% 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 (16 Apr 24) ₹47.81 ↓ -0.10 (-0.21 %) Net Assets (Cr) ₹707 on 29 Feb 24 Category Hybrid - Dynamic Allocation AMC Invesco Asset Management (India) Private Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.31 Sharpe Ratio 2.42 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,616 31 Mar 21 ₹11,475 31 Mar 22 ₹12,672 31 Mar 23 ₹12,998 31 Mar 24 ₹16,499 Returns for Invesco India Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 2.8% 3 Month 3% 6 Month 13% 1 Year 25.7% 3 Year 12.9% 5 Year 10.6% 10 Year 15 Year Since launch 9.9% 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 1.58 Yr. Dhimant Kothari 1 Sep 22 1.58 Yr. Data below for Invesco India Dynamic Equity Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 20.01% Equity 62% Debt 17.95% Other 0.04% Equity Sector Allocation
Sector Value Financial Services 15.66% Technology 11.83% Health Care 8.28% Industrials 7.05% Energy 5.94% Consumer Cyclical 5.64% Utility 4.9% Consumer Defensive 3.42% Basic Materials 1.42% Communication Services 1.31% Real Estate 1.16% Debt Sector Allocation
Sector Value Cash Equivalent 17.67% Government 13.39% Corporate 6.9% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Invesco India Shrt DurDir Gr
Investment Fund | -10% ₹71 Cr 200,707 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK7% ₹52 Cr 494,705 Invesco India Money Market Dir Gr
Investment Fund | -7% ₹47 Cr 164,551 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 22 | TCS6% ₹43 Cr 106,139 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 21 | RELIANCE5% ₹35 Cr 118,866
↑ 10,789 Future on Tata Consultancy Services Ltd
Derivatives | -4% -₹27 Cr 65,625 NTPC Ltd (Utilities)
Equity, Since 31 May 22 | 5325554% ₹26 Cr 769,760 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 21 | LT3% ₹22 Cr 63,741 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Sep 21 | SUNPHARMA3% ₹21 Cr 134,729 7.26% Govt Stock 2029
Sovereign Bonds | -3% ₹20 Cr 2,000,000 6. Axis Dynamic Equity Fund
CAGR/Annualized return of 9.1% since its launch. Return for 2023 was 20% , 2022 was -0.4% and 2021 was 15.7% . Axis Dynamic Equity Fund
Growth Launch Date 1 Aug 17 NAV (16 Apr 24) ₹17.93 ↓ -0.06 (-0.33 %) Net Assets (Cr) ₹2,058 on 29 Feb 24 Category Hybrid - Dynamic Allocation AMC Axis Asset Management Company Limited Rating Risk Moderately High Expense Ratio 2.05 Sharpe Ratio 2.54 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹9,396 31 Mar 21 ₹11,658 31 Mar 22 ₹12,903 31 Mar 23 ₹12,930 31 Mar 24 ₹16,566 Returns for Axis Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 1.4% 3 Month 2.7% 6 Month 12.5% 1 Year 25.1% 3 Year 12.2% 5 Year 10.3% 10 Year 15 Year Since launch 9.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 20% 2022 -0.4% 2021 15.7% 2020 10.1% 2019 5.9% 2018 2.7% 2017 2016 2015 2014 Fund Manager information for Axis Dynamic Equity Fund
Name Since Tenure R Sivakumar 1 Aug 17 6.67 Yr. Ashish Naik 1 Mar 23 1.09 Yr. Hardik Shah 31 Jan 22 2.17 Yr. Jayesh Sundar 28 Sep 23 0.51 Yr. Data below for Axis Dynamic Equity Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 3.28% Equity 70.16% Debt 26.57% Equity Sector Allocation
Sector Value Financial Services 20.67% Technology 9.86% Industrials 7.27% Energy 6.81% Consumer Cyclical 6.74% Health Care 5.97% Basic Materials 4.73% Consumer Defensive 3.11% Utility 1.9% Communication Services 1.47% Real Estate 0.57% Debt Sector Allocation
Sector Value Government 17.76% Corporate 8.81% Cash Equivalent 3.28% Credit Quality
Rating Value A 0.43% AA 16% AAA 83.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26% Govt Stock 2033
Sovereign Bonds | -7% ₹141 Cr 14,000,000
↑ 14,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | ICICIBANK6% ₹121 Cr 1,149,804
↓ -70,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 17 | RELIANCE5% ₹108 Cr 370,761 Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | INFY4% ₹84 Cr 504,681
↓ -85,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 17 | HDFCBANK4% ₹79 Cr 559,507 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Aug 21 | SUNPHARMA3% ₹57 Cr 362,109 7.25% Govt Stock 2063
Sovereign Bonds | -3% ₹56 Cr 5,500,000
↑ 2,500,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 21 | LT3% ₹52 Cr 149,127 7.18% Govt Stock 2037
Sovereign Bonds | -2% ₹50 Cr 5,000,000
↓ -8,000,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Aug 17 | 5000342% ₹50 Cr 77,069
↓ -26,400 7. 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 (16 Apr 24) ₹91.39 ↓ -0.20 (-0.22 %) Net Assets (Cr) ₹7,036 on 29 Feb 24 Category Hybrid - Dynamic Allocation AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.81 Sharpe Ratio 2.11 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 19 ₹10,000 31 Mar 20 ₹8,613 31 Mar 21 ₹12,363 31 Mar 22 ₹13,654 31 Mar 23 ₹14,102 31 Mar 24 ₹17,163 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 16 Apr 24 Duration Returns 1 Month 2.1% 3 Month 2.2% 6 Month 9.5% 1 Year 20.3% 3 Year 11.7% 5 Year 11.4% 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 4.48 Yr. Mohit Sharma 1 Apr 17 7 Yr. Vishal Gajwani 1 Apr 22 2 Yr. Data below for Aditya Birla Sun Life Balanced Advantage Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 23.76% Equity 57.15% Debt 18.93% Other 0.17% Equity Sector Allocation
Sector Value Financial Services 18.41% Consumer Cyclical 8.35% Industrials 7.86% Energy 7.17% Technology 6.5% Consumer Defensive 5.85% Basic Materials 4.98% Health Care 4.26% Utility 3.18% Communication Services 3.06% Real Estate 1.03% Debt Sector Allocation
Sector Value Cash Equivalent 23.76% Corporate 12.51% Government 6.08% Securitized 0.35% Credit Quality
Rating Value AA 26.35% AAA 73.65% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 18 | RELIANCE5% ₹340 Cr 1,163,094
↑ 8,500 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFCBANK5% ₹319 Cr 2,271,689 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹266 Cr 2,526,969 Infosys Ltd (Technology)
Equity, Since 31 Dec 07 | INFY3% ₹233 Cr 1,392,100
↑ 3,600 Nifty_(28/03/2024)
- | -3% -₹183 Cr 82,700
↑ 82,700 7.26% Govt Stock 2033
Sovereign Bonds | -2% ₹162 Cr 16,000,000 91 DTB 25042024
Sovereign Bonds | -2% ₹148 Cr 15,000,000 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 May 21 | ADANIPORTS2% ₹144 Cr 1,093,750
↓ -28,800 Tata Capital Limited
Debentures | -2% ₹143 Cr 1,450
↓ -50 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | LT2% ₹128 Cr 368,132
↑ 60,279 8. Motilal Oswal Dynamic Fund
CAGR/Annualized return of 9.3% since its launch. Return for 2023 was 24.1% , 2022 was -1.1% and 2021 was 7.4% . Motilal Oswal Dynamic Fund
Growth Launch Date 27 Sep 16 NAV (16 Apr 24) ₹19.6057 ↑ 0.03 (0.18 %) Net Assets (Cr) ₹1,246 on 29 Feb 24 Category Hybrid - Dynamic Allocation AMC Motilal Oswal Asset Management Co. Ltd Rating Risk Moderately High Expense Ratio 2.23 Sharpe Ratio 1.71 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 19 ₹10,000 31 Mar 20 ₹9,243 31 Mar 21 ₹11,948 31 Mar 22 ₹12,236 31 Mar 23 ₹11,910 31 Mar 24 ₹15,796 Returns for Motilal Oswal Dynamic Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 3.1% 3 Month 0.6% 6 Month 5.5% 1 Year 32.4% 3 Year 10.6% 5 Year 9.8% 10 Year 15 Year Since launch 9.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 24.1% 2022 -1.1% 2021 7.4% 2020 8.8% 2019 10.9% 2018 -0.8% 2017 24.4% 2016 2015 2014 Fund Manager information for Motilal Oswal Dynamic Fund
Name Since Tenure Ankush Sood 10 Mar 23 1.06 Yr. Santosh Singh 1 Jan 22 2.25 Yr. Rakesh Shetty 22 Nov 22 1.36 Yr. Data below for Motilal Oswal Dynamic Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 27% Equity 60.06% Debt 12.94% Equity Sector Allocation
Sector Value Financial Services 33.41% Consumer Cyclical 18.69% Industrials 10.55% Technology 8.54% Health Care 2.47% Communication Services 2.45% Consumer Defensive 1.47% Debt Sector Allocation
Sector Value Cash Equivalent 27% Corporate 6.29% Government 5.26% Securitized 1.4% Credit Quality
Rating Value AA 43.54% AAA 56.46% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nifty 50 Index March 2024 Future
- | -18% -₹218 Cr 98,500
↑ 98,500 Star Health and Allied Insurance Co Ltd (Financial Services)
Equity, Since 31 Jul 22 | 5434129% ₹112 Cr 2,000,491 FSN E-Commerce Ventures Ltd (Consumer Cyclical)
Equity, Since 31 Jul 23 | 5433847% ₹86 Cr 5,506,069
↑ 274,128 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | MOTHERSON7% ₹84 Cr 7,076,215 Religare Enterprises Ltd (Financial Services)
Equity, Since 31 Dec 21 | RELIGARE6% ₹79 Cr 3,335,031 Fino Payments Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | 5433866% ₹72 Cr 2,362,066 ZF Commercial Vehicle Control Systems India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 21 | ZFCVINDIA5% ₹62 Cr 42,749 BSE Ltd (Financial Services)
Equity, Since 31 Aug 23 | BSE5% ₹62 Cr 259,840 Dreamfolks Services Ltd (Industrials)
Equity, Since 30 Sep 23 | DREAMFOLKS4% ₹55 Cr 1,103,960 L&T Technology Services Ltd (Technology)
Equity, Since 30 Apr 23 | LTTS4% ₹55 Cr 103,660
↓ -8,000
How to Invest in Dynamic Asset Allocation Funds?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
FAQs
1. How can I contribute to the economy by investing in dynamic asset allocation funds?
A: These funds not only invest in equities, but also relatively placid Real Estate and bond markets. So, as an investors you become contributor to the Economy.
2. Do I need to invest in a dynamic asset allocation fund for a long time?
A: You should hold your investments in dynamic asset allocation funds for at least three years. This will ensure good returns on your investment.
3. Are there any risks involved in these funds?
A: Since the money is invested in the equities, one must not forget that the associated risks are also relatively high too.
4. Who is responsible for changing the asset allocation?
A: The fund manager is responsible for changing the asset allocations. Based on the changing market condition, they will change your asset allocation so that your portfolio continues to produce steady returns.
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
Excellent insight for getting a detailed view about Hybrid Fund