Motilal Oswal Balance Advantage Fund Direct Growth

Motilal Oswal Balance Advantage Fund Direct Growth is a hybrid fund. This fund was started on 27 September, 2016. The fund is managed by Rakesh Shetty, Sunil Sawant, Ajay Khandelwal, Niket Shah, Atul Mehra. This fund gives you the benefit of diversification.

1. Motilal Oswal Balance Advantage Fund Direct Growth has ₹1022 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.9.
   

Motilal Oswal Balance Advantage Fund Direct Growth has given a CAGR return of 9.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -11.48%, 9.71% and 9.82% respectively.

Motilal Oswal Balance Advantage Fund Direct Growth has allocated its funds majorly in Tech, Consumer Cyclical, Financial Services, Basic Materials, Industrial, Health.

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).

The investment objective is to generate long term capital appreciation by investing in equity and equity related instruments including equity derivatives & International Stocks, debt, money market instruments.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Motilal Oswal Balance Advantage Fund Direct Growth has no lock in period.