Bandhan Balanced Advantage Direct Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 24.42 as on 16-04-2024
Fund Performance
95 people have invested ₹ 16.2L in Bandhan Balanced Advantage Direct Growth in the last three months
Mutual Fund Insights
Over the last 3 months, this fund has increased expense ratio by 12.9% moving from 0.62 to 0.70.
In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 60.58% return, outperforming this fund by 39.47%.
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.01% return, outperforming this fund by 14.91% per annum.
This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.7% which is lower than the category average expense ratio of 1.15%.
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 18.57% return, outperforming this fund by 6.95% per annum.
Over the last 3 months, this fund has experienced a 5.3% drop in AUM moving from 2.34K Cr to 2.22K Cr.
INDmoney Rank of Bandhan Balanced Advantage Direct Growth
Powered by IND quant engine
3
/15
23% Performance
70% Risk Management
41% Cost
3 out of 15 among dynamic asset allocation
About the Bandhan Balanced Advantage Direct Growth
Bandhan Balanced Advantage Direct Growth is a hybrid fund. This fund was started on 10 October, 2014. The fund is managed by Sachin Relekar, Sumit Agrawal. This fund gives you the benefit of diversification.
Key Parameters
- Bandhan Balanced Advantage Direct Growth has ₹2224 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Bandhan Balanced Advantage Direct Growth Overview
 | 0.7% |
 Benchmark | null |
 | ₹2224 Cr |
 | 10 October, 2014 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 60.79% |
Bandhan Balanced Advantage Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
63%
Mid cap
6.6%
Small cap
3.3%
Sector Allocation
Financial Services
38.4%
Consumer Cyclical
10.7%
Tech
10.2%
Consumer Defensive
9.5%
Industrial
6.6%
Basic Materials
6.4%
Energy
6.3%
Health
3.7%
Communication
3.4%
Utilities
3.1%
Real Estate
1.7%
Top Holdings of Bandhan Balanced Advantage Direct Growth as on (31-Mar-24)
Equity Holdings74
Debt Holdings11
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 9.02% | 0% | |
 Bajaj Finance Ltd | 4.15% | 0% | |
 Infosys Ltd | 4.09% | 0% | |
 Reliance Industries Ltd | 3.53% | 0% | |
 HDFC Bank Ltd | 3.44% | 0% |
See all
Bandhan Balanced Advantage Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.2K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Bandhan Balanced Advantage Direct Growth Fund Manager
Sachin Relekar
Fund Manager of Bandhan Balanced Advantage Direct Growth, since 1 March 2022
Top funds managed
Sumit Agrawal
Fund Manager of Bandhan Balanced Advantage Direct Growth, since 1 March 2017
Top funds managed
Bandhan Balanced Advantage Direct Growth Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 9.84% since inception which is less than its category average return of 11.52%
Fund Allocations
This fund has an allocation of 39.24% in Equity, 20.74% in Debt and 40.02% in Cash related instruments
AUM size ₹2224 Cr
This fund has AUM of ₹2224 Cr which is less than its category average of ₹ 8118 Cr
Expense Ratio 0.7%
This fund has an expense ratio of 0.7% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Bandhan Balanced Advantage Direct Growth is ₹24.42 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Bandhan Balanced Advantage Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.4% | 2.4% |
6 Month Returns | 9.2% | 9.2% |
1 Year Returns | 21.11% | 21.11% |
3 Years Returns | 37.14% | 11.1% |
5 Years Returns | 73.22% | 11.61% |
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.
0.7% as on March 2024
₹2224 Cr as on March 2024
ICICI Bank Ltd(9.02%), 7.18% Govt Stock 2033(5.21%), Bajaj Finance Ltd(4.15%), Infosys Ltd(4.09%), 7.06% Govt Stock 2028(4.05%) as on March 2024
Cash Equivalent(37.37%), Financial Services(15.08%), Government(12.83%) as on March 2024
AAA | 100 |
Sachin Relekar, Sumit Agrawal are the fund managers of Bandhan Balanced Advantage Direct Growth
The Exit load of Bandhan Balanced Advantage Direct Growth is 1%