Bandhan Balanced Advantage Fund Direct Growth

Bandhan Balanced Advantage Fund Direct Growth

Hybrid

Direct

Dynamic Asset Allocation

NAV as on 21-03-2025

₹ 26.49

0.5%

1D

Inception Returns

9.7%

/yr

About Bandhan Balanced Advantage Fund Direct Growth

Bandhan Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 10 October, 2014. The fund is managed by Manish Gunwani. This fund gives you the benefit of diversification.

Key Parameters

  1. Bandhan Balanced Advantage Fund Direct Growth has ₹2141 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Bandhan Balanced Advantage Fund Direct Growth has given a CAGR return of 9.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.57%, 10.13% and 15.39% respectively.

Holdings

Bandhan Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Tech, Consumer Cyclical, Basic Materials, Health, Consumer Defensive, Communication, Corporate, Industrial, Energy, Real Estate, Utilities.

Taxation

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Bandhan Balanced Advantage Fund Direct Growth

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 equity related instruments; and for defensive purposes in equity derivatives. The secondary objective of the scheme will be to generate income and capital appreciation through investment in Debt & Money Market instruments.There is no assurance or guarantee that the objectives of the scheme will be realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Balanced Advantage Fund Direct Growth has no lock in period.

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
113 people have invested ₹ 29.3L in Bandhan Balanced Advantage Fund Direct Growth in the last three months

INDmoney Rank for Bandhan Balanced Advantage Fund Direct Growth

Powered by IND quant engine
12
/17
23% Performance
62% Risk Management
39% Cost
12 out of 17 among dynamic asset allocation

Bandhan Balanced Advantage Fund Direct Growth Overview

Expense ratio0.78%
Benchmark
null
AUM₹2141 Cr
Inception Date10 October, 2014
Min Lumpsum/SIP₹1000/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
90.93%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (21-Mar-25)

Period
Bandhan Balanced Advantage Fund Direct Growth
Dynamic Asset Allocation Index
1M
1.1%
0.6%
3M
-2.9%
-3.5%
6M
-3.6%
-6.8%
1Y
10.6%
6.5%
3Y
10.1%
10.9%
5Y
15.4%
15.2%

Fund Distribution

as on (31-Jan-25)

  • Equity 50.2%

  • Debt & Cash 49.8%

Large cap
64.9%

Small cap
9.9%

Mid cap
8%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
32.5%
Tech
14.4%
Consumer Cyclical
11.2%
Basic Materials
9%
Health
7.8%
Consumer Defensive
7.3%
Communication
6.3%
Industrial
5.3%
Energy
3.7%
Real Estate
1.6%
Utilities
1.1%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 2.1K Cr
₹ 2.3K Cr
₹ 2.3K Cr
  • AUM of the fund stands at 2.1K Cr as of Feb'25
  • AUM decreased by 131.8 Cr between Feb'25 and Jan'25
Top Stocks bought last month
One97 Communications Ltd's allocation increased from 1.5% to 1.7%
One97 Communications Ltd's allocation increased from 1.5% to 1.7%
Bajaj Finance Ltd's allocation increased from 4.4% to 4.59%
Bajaj Finance Ltd's allocation increased from 4.4% to 4.59%
Lupin Ltd's allocation increased from 0.93% to 1.07%
Lupin Ltd's allocation increased from 0.93% to 1.07%
Top Stocks sold last month
State Bank of India's allocation decreased from 4.17 % to 3.97 %
State Bank of India's allocation decreased from 4.17 % to 3.97 %
ICICI Bank Ltd's allocation decreased from 3.52 % to 3.48 %
ICICI Bank Ltd's allocation decreased from 3.52 % to 3.48 %
Bharti Airtel Ltd's allocation decreased from 2.98 % to 2.92 %
Bharti Airtel Ltd's allocation decreased from 2.98 % to 2.92 %

Top 3 Sectors in February were Financial Services, Government & Tech

Feb'25
Financial Services
33%
Government
22%
Tech
14%
Jan'25
Financial Services
30%
Government
24%
Tech
16%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
129
127
126
Top 5 Company Concentration
22.2%
20.5%
20.7%
Company having highest exposure
Infosys Ltd (6%)
Infosys Ltd (5.6%)
Infosys Ltd (5.5%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
90.1%
87.9%
88%
Sector having highest exposure
Financial Services (30.4%)
Financial Services (27%)
Financial Services (27.9%)
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Manish Gunwani
Manish Gunwani
Fund Manager of Bandhan Balanced Advantage Fund Direct Growth, since 24 January 2024
Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.66L Cr
as on 31-Jan-2025
Address
Bandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
022-66289999
Website
investormf@bandhanamc.com

Mutual Fund Insights

Insights icon
In the last 1 year, Axis Balanced Advantage Fund Direct Growth has given 14.76% return, outperforming this fund by 4.19%.
Insights icon
This fund expense ratio is slightly on the lower side within the category (dynamic asset allocation). Its expense ratio is 0.78% which is lower than the category average expense ratio of 1.17%.
Insights icon
Over the last 3 months, this fund has experienced a 6.2% drop in AUM moving from 2.28K Cr to 2.14K Cr.
Insights icon
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.99% return, outperforming this fund by 11.6% per annum.
Insights icon
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 20.25% return, outperforming this fund by 10.12% per annum.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 16.4% moving from 0.67 to 0.78.

Bandhan Balanced Advantage Fund 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 9.72% since inception which is more than its category average return of 9.54%
Fund Allocations

Fund Allocations

This fund has an allocation of 50.19% in Equity, 13.73% in Debt and 36.08% in Cash related instruments
AUM size ₹2141 Cr

AUM size ₹2141 Cr

This fund has AUM of ₹2141 Cr which is less than its category average of ₹ 9419 Cr
Expense Ratio 0.78%

Expense Ratio 0.78%

This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions for Bandhan Balanced Advantage Fund Direct Growth

The current NAV of Bandhan Balanced Advantage Fund Direct Growth is ₹26.49 as on 21-Mar-2025.
Existing (Absolute + CAGR) as on 21-Mar-2025.
Bandhan Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.11%
1.11%
6 Month Returns
-3.61%
-3.61%
1 Year Returns
10.57%
10.57%
3 Years Returns
33.59%
10.13%
5 Years Returns
104.53%
15.39%
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.
0.78% as on February 2025
₹2141 Cr as on February 2025
Bajaj Finance Ltd(6.09%), Infosys Ltd(5.54%), 7.3% Govt Stock 2053(5.01%), 7.18% Govt Stock 2033(4.21%), Bharti Airtel Ltd(4.01%) as on February 2025
Cash Equivalent(35.86%), Financial Services(16.32%), Government(11.12%) as on February 2025
AAA
79.99
AA
20.01
Manish Gunwani is the fund manager of Bandhan Balanced Advantage Fund Direct Growth
The Exit load of Bandhan Balanced Advantage Fund Direct Growth is 0.5%