IDFC Balanced Advantage Direct Growth
IDFC Balanced Advantage Direct Growth

IDFC Balanced Advantage Direct Growth

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Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 20.2 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
117 people have invested ₹ 1.7L in mutual fund in the last three months

Fund Insights

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In the last 1 year, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 14.57% return, outperforming this fund by 12.8%

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In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 18.09% return, outperforming this fund by 9.02% per annum

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In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 11.83% return, outperforming this fund by 3.13% per annum

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Over the last 15 months, this fund has decreased expense ratio by 5.1% moving from 0.59 to 0.56

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This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.56% which is lower than the category average expense ratio of 1.21%

INDmoney Rank

Powered by IND quant engine
6
/14
21% Performance
61% Risk Management
67% Cost
6 out of 14 among dynamic asset allocation

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
1.2%
-0.8%
0.9%
1.8%
9.1%
8.7%
Benchmark
0.2%
-0.4%
2.4%
4.8%
9.9%
7.8%
About the Fund

IDFC 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, Brijesh Shah. This fund gives you the benefit of diversification.

Key parameters

1) IDFC Balanced Advantage Direct Growth has a NAV of 20.191 as on 08-02-2023.

2) IDFC Balanced Advantage Direct Growth has 2767 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.56 %.

Fund Overview

Expense ratio
Expense ratio
0.56%
Benchmark
Benchmark
AUM
AUM
₹2767 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
366.03%

Fund Distribution as on (31-Dec-22)

  • Equity 51.4%
  • Debt & Cash 48.6%
Size breakup
Large cap
62.5%
Mid cap
5.5%
Small cap
2.8%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

38.7%

Consumer Cyclical

12.9%

Consumer Defensive

11.7%

Tech

9.5%

Basic Materials

9.1%

Energy

7.8%

Health

5.3%

Communication

3%

Industrial

1.9%

Real Estate

0.1%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings60
Debt Holdings18

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 147.8 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 2.8K Cr
Nov'22
₹ 2.9K Cr
Oct'22
₹ 3K Cr

Fund Returns vs Benchmark

Jan'23
6.33%
5.19%
Dec'22
-0.95%
-1.39%
Nov'22
2.70%
2.56%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
77
74
78
Top 5 Company Concentration
28.6%
28.8%
27.1%
Company having highest exposure
ICICI Bank Ltd (8.8%)
ICICI Bank Ltd (8.9%)
ICICI Bank Ltd (8.3%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
75.1%
75.2%
72.4%
Sector having highest exposure
Cash Equivalent (27.1%)
Cash Equivalent (31.2%)
Cash Equivalent (20.9%)

Fund Manager

Sachin Relekar

Sachin Relekar

Fund Manager of IDFC Balanced Advantage Direct Growth, since 1 March 2022
Sumit Agrawal

Sumit Agrawal

Fund Manager of IDFC Balanced Advantage Direct Growth, since 1 March 2017
Brijesh Shah

Brijesh Shah

Fund Manager of IDFC Balanced Advantage Direct Growth, since 16 July 2022

AMC details

Fund House
IDFC Asset Management Company Limited
Total Schemes
Total AUM
₹1.17L Cr
as on 31-Dec-2022
Address
IDFC Asset Management Company Limited,OneIndiaBulls Centre, 841, Jupiter Mills Compound,,Senapati Bapat Marg,,Elphinstone Road (West),
Phone
022-68087000/18602660111
Email
investor@idfcmf.com

Fund Highlights

Risk meter
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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.8% since inception which is more than its category average return of 8.76%
Fund Allocations

Fund Allocations

This fund has an allocation of 51.43% in Equity, 14.63% in Debt and 33.95% in Cash related instruments
AUM size ₹2767 Cr

AUM size ₹2767 Cr

This fund has AUM of ₹2767 Cr which is less than its category average of ₹ 7582 Cr
Expense Ratio 0.56%

Expense Ratio 0.56%

This fund has an expense ratio of 0.56% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of IDFC Balanced Advantage Direct Growth is 20.09 as on 07-Feb-2023.
Existing (Absolute + CAGR)
IDFC Balanced Advantage Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.73%
0.73%
6 Month Returns
0.82%
0.82%
1 Year Returns
1.17%
1.17%
3 Years Returns
29.13%
8.9%
5 Years Returns
51.97%
8.73%
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.
0.56 as on January 2023
2767 Cr as on January 2023
ICICI Bank Ltd(8.76%),HDFC Bank Ltd(5.58%),Reliance Industries Ltd(5.51%),Infosys Ltd(4.55%),Bajaj Finance Ltd(4.16%) as on January 2023
Cash Equivalent(27.13%),Financial Services(19.92%),Government(13.73%) as on January 2023
AAA
100
Sachin Relekar,Sumit Agrawal,Brijesh Shah are the fund managers of IDFC Balanced Advantage Direct Growth
The Exit load of IDFC Balanced Advantage Direct Growth is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.