Bandhan Balanced Advantage Direct Growth

Bandhan Balanced Advantage Direct Growth

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Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 24.9 as on 16-05-2024

About the Fund

Bandhan Balanced Advantage Direct Growth is a hybrid fund. This fund was started on 10 October, 2014. The fund is managed by Sumit Agrawal, Sachin Relekar. This fund gives you the benefit of diversification.

Key Parameters

  1. Bandhan Balanced Advantage Direct Growth has ₹2229 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.
Fund Performance
zero opening, trading, fund transfer fee
92 people have invested ₹ 13.8L in Bandhan Balanced Advantage Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.63%
Benchmark
Benchmark
null
AUM
AUM
₹2229 Cr
Inception Date
Inception Date
10 October, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
60.79%

Bandhan Balanced Advantage Direct Growth Distribution as on (30-Apr-24)

  • Equity 38.9%

  • Debt & Cash 61.1%

Size breakup

Large cap
63%
Mid cap
6.6%
Small cap
3.3%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
38.8%
Consumer Cyclical
10.1%
Tech
10.1%
Consumer Defensive
9.6%
Industrial
7%
Basic Materials
6.7%
Energy
6.2%
Utilities
3.4%
Communication
3.4%
Health
3%
Real Estate
1.7%

Top Holdings of Bandhan Balanced Advantage Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings72
Debt Holdings14

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 2.2K Cr
₹ 2.2K Cr
₹ 2.2K Cr
  • AUM of the fund stands at 2.2K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

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In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 59.13% return, outperforming this fund by 40.14%.
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This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.63% which is lower than the category average expense ratio of 1.14%.
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In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 24.93% return, outperforming this fund by 13.52% per annum.
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Over the last 15 months, this fund has increased expense ratio by 12.5% moving from 0.56 to 0.63.
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In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 20.15% return, outperforming this fund by 7.78% per annum.

INDmoney Rank

Powered by IND quant engine
4
/15
23% Performance
68% Risk Management
41% Cost
4 out of 15 among dynamic asset allocation

Fund Manager

Sumit Agrawal
Sumit Agrawal
Fund Manager of Bandhan Balanced Advantage Direct Growth, since 1 March 2017
Sachin Relekar
Sachin Relekar
Fund Manager of Bandhan Balanced Advantage Direct Growth, since 1 March 2022

Bandhan Balanced Advantage Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 9.92% since inception which is less than its category average return of 11.44%
Fund Allocations

Fund Allocations

This fund has an allocation of 38.9% in Equity, 21.49% in Debt and 39.61% in Cash related instruments
AUM size ₹2229 Cr

AUM size ₹2229 Cr

This fund has AUM of ₹2229 Cr which is less than its category average of ₹ 8333 Cr
Expense Ratio 0.63%

Expense Ratio 0.63%

This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions

The current NAV of Bandhan Balanced Advantage Direct Growth is ₹24.9 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Bandhan Balanced Advantage Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.98%
0.98%
6 Month Returns
10.74%
10.74%
1 Year Returns
19%
19%
3 Years Returns
38.3%
11.41%
5 Years Returns
79.23%
12.38%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.63% as on April 2024
₹2229 Cr as on April 2024
ICICI Bank Ltd(9.48%), 7.18% Govt Stock 2033(5.15%), 7.06% Govt Stock 2028(4.02%), Bajaj Finance Ltd(3.96%), Infosys Ltd(3.87%) as on April 2024
Cash Equivalent(37.89%), Financial Services(15.07%), Government(12.99%) as on April 2024
AAA
100
Sumit Agrawal, Sachin Relekar are the fund managers of Bandhan Balanced Advantage Direct Growth
The Exit load of Bandhan Balanced Advantage Direct Growth is 1%