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Fincash » Mutual Funds » Reliance Balanced Advantage Fund

Reliance Balanced Advantage Fund - G

NAV  ₹88.657 ↓ 0.26   (0.30 %) as on 23 Aug 19

(Erstwhile Reliance NRI Equity Fund)

Scheme Objective

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.

Reliance Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund launched on 15 Nov 04. It is a fund with Moderately High risk and has given a CAGR return of 15.9% since its launch.  Ranked 46 in Dynamic Allocation category.  Return for 2018 was 0.4% , 2017 was 25.2% and 2016 was 6.4% .

Below is the key information for Reliance Balanced Advantage Fund

NAV as on 23 Aug 19₹88.657 ↓ 0.26   (0.30 %)
Net Assets (AUM) as on 31 Jul 2019 ₹2,195 Cr.
Launch Date15 Nov 2004
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCReliance Nippon Life Asset Management Ltd.
Alpha Ratio0.46
Expense Ratio3.04 %
Sharpe Ratio-0.021
Information Ratio-0.09
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Aug 19

DurationReturns
1 Month -2.1%
3 Month -2.5%
6 Month 2.2%
1 Year 0.5%
3 Year 8.4%
5 Year 8.2%
10 Year
15 Year
Since launch 15.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 0.4%
2017 25.2%
2016 6.4%
2015 0.9%
2014 38.4%
2013 4.6%
2012 39.3%
2011 -24.5%
2010 20.8%

Growth of 10k Over Years

DateValue
31 Jul 14₹10,000
31 Jul 15₹12,103
31 Jul 16₹12,123
31 Jul 17₹14,604
31 Jul 18₹15,078
31 Jul 19₹15,537
Reliance Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash35.37%
Equity42.5%
Debt16.61%
Other5.52%
Reliance Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent35.37%
Corporate11.17%
Government3.22%
Securitized2.22%
Reliance Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services24.68%
Technology8.83%
Consumer Cyclical5.77%
Utility5.35%
Consumer Defensive5.26%
Energy4.26%
Health Care3.28%
Basic Materials3.26%
Industrials3.14%
Communication Services1.94%
Reliance Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Cash Offset For Derivatives
Derivative Margin | -
23%₹510 Cr51,029
↑ 34,946
VEDANTA LIMITED
Commercial Paper | -
9%₹200 Cr4,000
↑ 4,000
Triparty Repo
CBLO/Reverse Repo | -
6%₹132 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK
Banks - Regional - Asia6%₹131 Cr583,065
↑ 67,638
Cash Margin - Derivatives
Receivables | -
5%₹111 Cr
Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY
Information Technology Services4%₹96 Cr1,205,194
Nifty 50 Index_29/08/2019
- | -
4%-₹89 Cr80,325
↑ 80,325
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
Banks - Regional - Asia4%₹83 Cr1,954,073
↑ 122,940
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
Oil & Gas Refining & Marketing3%₹74 Cr636,161
↑ 89,298
Net Current Assets
Net Current Assets | -
3%-₹66 Cr
1 - 10 of 117
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Fund Managers

NameSinceTenure
Manish Gunwani7 May 181.15 Yr.
Ashutosh Bhargava7 May 181.15 Yr.
Kinjal Desai25 May 181.1 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Reliance Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Reliance Balanced Advantage Fund
Growth
₹88.657
↑ 0.26
2.24 %0.45 %8.38 %8.15 %
Reliance Balanced Advantage Fund
Normal Dividend, Payout
₹25.3122
↑ 0.07
1.77 %-1.1 %7.74 %7.77 %
Reliance Balanced Advantage Fund
Normal Dividend, Reinvestment
₹25.3122
↑ 0.07
1.77 %-1.1 %7.74 %7.77 %
Data as on 23 Aug 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.