Balanced Advantage Funds adjusts its direct equity exposure based on whether overall Market valuations are expensive or cheap (on the Basis of price-to-Book Value). Thus, if the market’s price-to-book value ratio is low (based on historical values), the fund raises its direct stock exposure and relies less on arbitrage and vice versa.
Top balanced advantage funds are Mutual Funds that invest more than 65% of their assets in equities and the remaining assets in debt instruments to yield good overall returns. Balanced Mutual Funds are beneficial for investors who are willing to take a market risk while looking for some fixed returns as well. The assets invested in equities and stocks offer market-linked returns while the assets invested in debt instruments offer fixed returns. Being a combination of both Equity and Debt, investors should be very careful when Investing in these funds. The investors are advised to look for top Balanced Fund before investing in Balanced Mutual Funds. We have listed top balanced mutual funds below.
What is Balanced Advantage Mutual Funds ?
Recent SEBI norms dated April 2018 created new categories one of them is called dynamic Asset Allocation or balanced advantage fund (BAF). The norm says that funds in this category should have “investment in equity/debt that is managed dynamically”. Since this is “dynamic”, by definition AMCs have flexibility in managing these funds. The cause of confusion is that since funds in this category are termed “balanced advantage”, investors who are not so savvy equate these with balanced funds of earlier days.
It may be noted that erstwhile balanced funds are now aggressive hybrid funds, and that balanced advantage funds belong to a different sub category under hybird.
Why Balanced Advantage Mutual Funds ?
one should get into dynamic asset allocation funds or BAFs to go with the fund manager’s calls on the net equity exposure as per his reading of market valuations. To avoid confusion, don’t equate a BAF with the earlier balanced funds. Both the categories have their own merits, and both are eligible for equity-related taxation, but the difference is that aggressive hybrid funds have conventional equity exposure, while BAFs may have a lower net exposure to equity & might offer more stable returns pertaining to risk they are taking. Ready to Invest? Talk to our investment specialist
8 Best Balanced Advantage Mutual Funds for Investments in India 2024 - 2025
(Erstwhile HDFC Growth Fund and HDFC Prudence Fund) Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. HDFC Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 11 Sep 00. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Balanced Advantage Fund Total investment amount is ₹300,000 Returns up to 1 year are on (Erstwhile Reliance NRI Equity Fund) The investment objective of the Scheme is to generate optimal returns by investing in equity or equity related instruments primarily drawn from the Companies in the S&P BSE 200 Index. The Scheme may also invest in listedcompanies that are in the top 200 by market capitalization on the BSE. The Scheme may also invest in large IPO’s where the market capitalization of the Company making the IPO based on the Issue price would make such company to be a part of the top 200 companies listed on the BSE based on market capitalization. The fund will have the flexibility to invest in a broad range of companies with an objective to maximize the returns, at the same time trying to minimize the risk by reasonable diversification. The selection of the companies will be done so as to capture the growth in the Indian economy. The fund will be focusing on companies with relatively higher market capitalization and having good liquidity in the stock market. Nippon India Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 15 Nov 04. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Balanced Advantage Fund Total investment amount is ₹300,000 Returns up to 1 year are on The primary objective of the Scheme is to generate long term growth of capital and income distribution with relatively lower volatility by investing in a dynamically balanced portfolio of Equity & Equity linked investments and fixed-income securities. Aditya Birla Sun Life Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 25 Apr 00. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Balanced Advantage Fund Total investment amount is ₹300,000 Returns up to 1 year are on The fund objective is to seek low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio.The fund invests in equity with usage of derivatives. ICICI Prudential Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 30 Dec 06. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Balanced Advantage Fund Total investment amount is ₹300,000 Returns up to 1 year are on The investment objective of the Scheme is to generate long-term capital growth from a focused portfolio of predominantly equity and equity-related securities. Invesco India Dynamic Equity Fund is a Hybrid - Dynamic Allocation fund was launched on 4 Oct 07. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Dynamic Equity Fund Total investment amount is ₹300,000 Returns up to 1 year are on (Erstwhile Edelweiss Dynamic Equity Advantage Fund) The primary objective of the scheme will be to generate absolute returns with low volatility over a longer tenure of time. The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments. The Scheme proposes to allocate assets to both equity and debt markets based upon the market view. However there is no assurance that the investment objective of the scheme will be realized. Edelweiss Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 20 Aug 09. It is a fund with Moderately High risk and has given a Below is the key information for Edelweiss Balanced Advantage Fund Total investment amount is ₹300,000 Returns up to 1 year are on To seek to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets. L&T Dynamic Equity Fund is a Hybrid - Dynamic Allocation fund was launched on 7 Feb 11. It is a fund with Moderately High risk and has given a Below is the key information for L&T Dynamic Equity Fund Total investment amount is ₹300,000 Returns up to 1 year are on 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 in debt /money market instruments for defensive purposes. The Scheme will decide on allocation of funds into equity assets based on equity market Price Earning Ratio (PE Ratio) levels. When the markets become expensive in terms of ‘Price to Earnings’ Ratio; the Scheme will reduce its allocation to equities and move assets into debt and/or money market instruments and vice versa. Principal Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 16 Dec 10. It is a fund with Moderately High risk and has given a Below is the key information for Principal Balanced Advantage Fund Total investment amount is ₹300,000 Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) HDFC Balanced Advantage Fund Growth ₹431.399
↑ 0.63 ₹68,387 13 21.7 32.2 25 18.1 31.3 Nippon India Balanced Advantage Fund Growth ₹150.634
↑ 0.38 ₹7,194 8.6 12.2 18.3 12.4 11.7 17.5 Aditya Birla Sun Life Balanced Advantage Fund Growth ₹88.86
↑ 0.06 ₹6,772 7.2 9.6 17.1 11.2 11.7 16.5 ICICI Prudential Balanced Advantage Fund Growth ₹61.62
↑ 0.09 ₹51,732 7 10.5 16.7 12.8 12.5 16.5 Invesco India Dynamic Equity Fund Growth ₹46.07
↑ 0.09 ₹653 10 13.4 20.8 11.8 10.9 20.1 Edelweiss Balanced Advantage Fund Growth ₹43.71
↑ 0.08 ₹9,724 9 11.2 19.5 12.5 14.1 18.8 L&T Dynamic Equity Fund Growth ₹37.3979
↑ 0.09 ₹1,363 8.2 11.7 18.5 9.1 9.8 18 Principal Balanced Advantage Fund Growth ₹30.5169
↑ 0.07 ₹1,541 7.7 10.3 14.7 10.2 8.4 14.1 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 5 Jan 24 1. HDFC Balanced Advantage Fund
CAGR/Annualized return of 18.5% since its launch. Ranked 23 in Dynamic Allocation category. Return for 2023 was 31.3% , 2022 was 18.8% and 2021 was 26.4% . HDFC Balanced Advantage Fund
Growth Launch Date 11 Sep 00 NAV (05 Jan 24) ₹431.399 ↑ 0.63 (0.15 %) Net Assets (Cr) ₹68,387 on 30 Nov 23 Category Hybrid - Dynamic Allocation AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.61 Sharpe Ratio 1.58 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 18 ₹10,000 31 Dec 19 ₹10,689 31 Dec 20 ₹11,498 31 Dec 21 ₹14,529 31 Dec 22 ₹17,257 31 Dec 23 ₹22,658 HDFC Balanced Advantage Fund SIP Returns
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656 Returns for HDFC Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Jan 24 Duration Returns 1 Month 4.6% 3 Month 13% 6 Month 21.7% 1 Year 32.2% 3 Year 25% 5 Year 18.1% 10 Year 15 Year Since launch 18.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 31.3% 2021 18.8% 2020 26.4% 2019 7.6% 2018 6.9% 2017 -3.1% 2016 27.9% 2015 9.4% 2014 0.3% 2013 51.8% Fund Manager information for HDFC Balanced Advantage Fund
Name Since Tenure Anil Bamboli 29 Jul 22 1.34 Yr. Gopal Agrawal 29 Jul 22 1.34 Yr. Arun Agarwal 6 Oct 22 1.15 Yr. Srinivasan Ramamurthy 29 Jul 22 1.34 Yr. Nirman Morakhia 15 Feb 23 0.79 Yr. Dhruv Muchhal 22 Jun 23 0.44 Yr. Data below for HDFC Balanced Advantage Fund as on 30 Nov 23
Asset Allocation
Asset Class Value Cash 14.85% Equity 59.85% Debt 25.3% Equity Sector Allocation
Sector Value Financial Services 25.12% Industrials 9.79% Energy 8.75% Utility 5.66% Technology 3.97% Consumer Cyclical 3.72% Health Care 3.41% Consumer Defensive 2.95% Basic Materials 1.97% Communication Services 1.77% Real Estate 1.18% Debt Sector Allocation
Sector Value Government 18.08% Cash Equivalent 13.39% Corporate 8.68% Credit Quality
Rating Value AA 1.48% AAA 96.55% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK6% ₹4,015 Cr 27,194,651 Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA5% ₹3,090 Cr 98,338,711 7.38% Govt Stock 2027
Sovereign Bonds | -4% ₹2,723 Cr 272,081,800 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹2,631 Cr 28,746,724 State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN4% ₹2,293 Cr 40,550,771 NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 5325553% ₹2,153 Cr 91,306,178
↓ -6,870,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC3% ₹1,811 Cr 42,276,926 Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY3% ₹1,629 Cr 11,906,298 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT3% ₹1,627 Cr 5,556,183 7.1% Govt Stock 2029
Sovereign Bonds | -2% ₹1,546 Cr 156,500,000 2. Nippon India Balanced Advantage Fund
CAGR/Annualized return of 15.2% since its launch. Ranked 46 in Dynamic Allocation category. Return for 2023 was 17.5% , 2022 was 5.1% and 2021 was 15.7% . Nippon India Balanced Advantage Fund
Growth Launch Date 15 Nov 04 NAV (05 Jan 24) ₹150.634 ↑ 0.38 (0.26 %) Net Assets (Cr) ₹7,194 on 30 Nov 23 Category Hybrid - Dynamic Allocation AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 1.86 Sharpe Ratio 0.5 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 18 ₹10,000 31 Dec 19 ₹10,826 31 Dec 20 ₹12,034 31 Dec 21 ₹13,925 31 Dec 22 ₹14,633 31 Dec 23 ₹17,195 Nippon India Balanced Advantage Fund SIP Returns
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518 Returns for Nippon India Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Jan 24 Duration Returns 1 Month 3.4% 3 Month 8.6% 6 Month 12.2% 1 Year 18.3% 3 Year 12.4% 5 Year 11.7% 10 Year 15 Year Since launch 15.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 17.5% 2021 5.1% 2020 15.7% 2019 11.2% 2018 8.3% 2017 0.4% 2016 25.2% 2015 6.4% 2014 0.9% 2013 38.4% Fund Manager information for Nippon India Balanced Advantage Fund
Name Since Tenure Ashutosh Bhargava 7 May 18 5.57 Yr. Kinjal Desai 25 May 18 5.52 Yr. Amar Kalkundrikar 20 Oct 20 3.11 Yr. Sushil Budhia 31 Mar 21 2.67 Yr. Akshay Sharma 1 Dec 22 1 Yr. Data below for Nippon India Balanced Advantage Fund as on 30 Nov 23
Asset Allocation
Asset Class Value Cash 11.93% Equity 60.56% Debt 27.51% Equity Sector Allocation
Sector Value Financial Services 22.41% Industrials 8.66% Consumer Defensive 8.49% Technology 6.13% Consumer Cyclical 5.68% Health Care 5.49% Energy 3.85% Communication Services 3.2% Utility 3.16% Basic Materials 1.7% Real Estate 0.01% Debt Sector Allocation
Sector Value Corporate 14.59% Government 12.26% Cash Equivalent 11.93% Securitized 0.66% Credit Quality
Rating Value AA 26.28% AAA 73.72% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK6% ₹432 Cr 4,615,426
↓ -300,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK6% ₹419 Cr 2,684,813 Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY4% ₹305 Cr 2,097,950 Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE3% ₹216 Cr 906,745 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322153% ₹214 Cr 1,994,434 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC3% ₹208 Cr 4,762,313
↑ 150,000 7.18% Govt Stock 2037
Sovereign Bonds | -3% ₹206 Cr 21,000,000
↑ 2,500,000 NTPC Ltd (Utilities)
Equity, Since 31 Mar 21 | 5325553% ₹194 Cr 7,419,300 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | BHARTIARTL3% ₹180 Cr 1,777,434 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LT2% ₹175 Cr 562,495 3. Aditya Birla Sun Life Balanced Advantage Fund
CAGR/Annualized return of since its launch. Ranked 19 in Dynamic Allocation category. Return for 2023 was 16.5% , 2022 was 4.2% and 2021 was 13.4% . Aditya Birla Sun Life Balanced Advantage Fund
Growth Launch Date 25 Apr 00 NAV (05 Jan 24) ₹88.86 ↑ 0.06 (0.07 %) Net Assets (Cr) ₹6,772 on 30 Nov 23 Category Hybrid - Dynamic Allocation AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.81 Sharpe Ratio 0.47 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 18 ₹10,000 31 Dec 19 ₹10,812 31 Dec 20 ₹12,473 31 Dec 21 ₹14,145 31 Dec 22 ₹14,738 31 Dec 23 ₹17,176 Aditya Birla Sun Life Balanced Advantage Fund SIP Returns
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518 Returns for Aditya Birla Sun Life Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Jan 24 Duration Returns 1 Month 3.1% 3 Month 7.2% 6 Month 9.6% 1 Year 17.1% 3 Year 11.2% 5 Year 11.7% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2022 16.5% 2021 4.2% 2020 13.4% 2019 15.4% 2018 8.1% 2017 0.7% 2016 15.2% 2015 16.3% 2014 3.6% 2013 27.7% Fund Manager information for Aditya Birla Sun Life Balanced Advantage Fund
Name Since Tenure Lovelish Solanki 9 Oct 19 4.15 Yr. Mohit Sharma 1 Apr 17 6.67 Yr. Vishal Gajwani 1 Apr 22 1.67 Yr. Data below for Aditya Birla Sun Life Balanced Advantage Fund as on 30 Nov 23
Asset Allocation
Asset Class Value Cash 22.38% Equity 52.66% Debt 24.95% Other 0.01% Equity Sector Allocation
Sector Value Financial Services 22.75% Consumer Defensive 6.89% Consumer Cyclical 6.55% Industrials 5.77% Technology 5.09% Energy 4.8% Basic Materials 4.62% Health Care 4.43% Communication Services 1.98% Utility 1.73% Real Estate 0.68% Debt Sector Allocation
Sector Value Cash Equivalent 19.98% Corporate 18.94% Government 8.38% Securitized 0.02% Credit Quality
Rating Value AA 35.74% AAA 64.26% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFCBANK7% ₹435 Cr 2,946,143
↓ -147,919 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹306 Cr 3,344,805 Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 18 | RELIANCE3% ₹222 Cr 968,844
↑ 22,344 Nifty_(30/11/2023)
- | -3% -₹199 Cr 103,700
↑ 103,700 Infosys Ltd (Technology)
Equity, Since 31 Dec 07 | INFY3% ₹169 Cr 1,233,700 Aditya BSL Money Mgr Dir Gr
Investment Fund | -2% ₹161 Cr 4,888,615 7.26% Govt Stock 2033
Sovereign Bonds | -2% ₹159 Cr 16,000,000 Tata Capital Limited
Debentures | -2% ₹147 Cr 1,500 Aditya BSL Liquid Dir Gr
Investment Fund | -2% ₹135 Cr 3,564,479 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322152% ₹134 Cr 1,364,013
↑ 97,500 4. ICICI Prudential Balanced Advantage Fund
CAGR/Annualized return of 11.3% since its launch. Ranked 18 in Dynamic Allocation category. Return for 2023 was 16.5% , 2022 was 7.9% and 2021 was 15.1% . ICICI Prudential Balanced Advantage Fund
Growth Launch Date 30 Dec 06 NAV (05 Jan 24) ₹61.62 ↑ 0.09 (0.15 %) Net Assets (Cr) ₹51,732 on 30 Nov 23 Category Hybrid - Dynamic Allocation AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.59 Sharpe Ratio 1.04 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-18 Months (1%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 18 ₹10,000 31 Dec 19 ₹11,079 31 Dec 20 ₹12,376 31 Dec 21 ₹14,250 31 Dec 22 ₹15,375 31 Dec 23 ₹17,914 ICICI Prudential Balanced Advantage Fund SIP Returns
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684 Returns for ICICI Prudential Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Jan 24 Duration Returns 1 Month 2.1% 3 Month 7% 6 Month 10.5% 1 Year 16.7% 3 Year 12.8% 5 Year 12.5% 10 Year 15 Year Since launch 11.3% Historical performance (Yearly) on absolute basis
Year Returns 2022 16.5% 2021 7.9% 2020 15.1% 2019 11.7% 2018 10.8% 2017 2.4% 2016 19% 2015 7.3% 2014 6.7% 2013 29% Fund Manager information for ICICI Prudential Balanced Advantage Fund
Name Since Tenure Sankaran Naren 14 Jul 17 6.38 Yr. Rajat Chandak 7 Sep 15 8.24 Yr. Manish Banthia 18 Nov 09 14.04 Yr. Ihab Dalwai 29 Jan 18 5.84 Yr. Ritesh Lunawat 29 Dec 20 2.92 Yr. Sri Sharma 30 Apr 21 2.59 Yr. Sharmila D’mello 31 Jul 22 1.33 Yr. Data below for ICICI Prudential Balanced Advantage Fund as on 30 Nov 23
Asset Allocation
Asset Class Value Cash 29.33% Equity 46.83% Debt 23.84% Equity Sector Allocation
Sector Value Financial Services 19.13% Consumer Cyclical 12.5% Consumer Defensive 7.27% Technology 6.77% Energy 4.32% Industrials 4.32% Basic Materials 3.91% Health Care 2.91% Communication Services 2.88% Utility 2.32% Real Estate 0.56% Debt Sector Allocation
Sector Value Cash Equivalent 27.34% Government 16.81% Corporate 6.73% Securitized 2.29% Credit Quality
Rating Value A 2.74% AA 12.28% AAA 83.21% Top Securities Holdings / Portfolio
Name Holding Value Quantity 8.25% Govt Stock 2033
Sovereign Bonds | -5% ₹2,584 Cr 254,689,000
↑ 10,000,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK5% ₹2,437 Cr 16,505,571 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK5% ₹2,352 Cr 25,699,605
↑ 1,300,000 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 16 | 5323434% ₹1,895 Cr 11,913,285
↑ 534,247 Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY3% ₹1,678 Cr 12,265,131
↑ 154,420 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 16 | MARUTI3% ₹1,588 Cr 1,528,338
↑ 59,000 7.93% Govt Stock 2034
Sovereign Bonds | -3% ₹1,518 Cr 151,976,540 Nifty 50 Index
- | -3% -₹1,351 Cr 705,100
↓ -150,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE3% ₹1,327 Cr 5,802,113
↑ 100,000 7.18% Govt Stock 2033
Sovereign Bonds | -2% ₹1,202 Cr 121,680,860
↑ 39,419,860 5. Invesco India Dynamic Equity Fund
CAGR/Annualized return of 9.9% since its launch. Ranked 55 in Dynamic Allocation category. Return for 2023 was 20.1% , 2022 was 4.1% and 2021 was 13.1% . Invesco India Dynamic Equity Fund
Growth Launch Date 4 Oct 07 NAV (05 Jan 24) ₹46.07 ↑ 0.09 (0.20 %) Net Assets (Cr) ₹653 on 30 Nov 23 Category Hybrid - Dynamic Allocation AMC Invesco Asset Management (India) Private Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.31 Sharpe Ratio 0.66 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 18 ₹10,000 31 Dec 19 ₹10,905 31 Dec 20 ₹11,760 31 Dec 21 ₹13,303 31 Dec 22 ₹13,843 31 Dec 23 ₹16,632 Invesco India Dynamic Equity Fund SIP Returns
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578 Returns for Invesco India Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Jan 24 Duration Returns 1 Month 3.5% 3 Month 10% 6 Month 13.4% 1 Year 20.8% 3 Year 11.8% 5 Year 10.9% 10 Year 15 Year Since launch 9.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 20.1% 2021 4.1% 2020 13.1% 2019 7.8% 2018 9.1% 2017 -4.6% 2016 30.5% 2015 2.7% 2014 5.5% 2013 25.4% Fund Manager information for Invesco India Dynamic Equity Fund
Name Since Tenure Amit Ganatra 1 Sep 22 1.25 Yr. Dhimant Kothari 1 Sep 22 1.25 Yr. Data below for Invesco India Dynamic Equity Fund as on 30 Nov 23
Asset Allocation
Asset Class Value Cash 28.43% Equity 61.54% Debt 10.02% Other 0.01% Equity Sector Allocation
Sector Value Financial Services 22.52% Technology 9.91% Industrials 7.59% Consumer Cyclical 6.26% Health Care 5.69% Utility 4.56% Consumer Defensive 3.15% Energy 2.61% Communication Services 1.67% Basic Materials 1.43% Real Estate 0.8% Debt Sector Allocation
Sector Value Cash Equivalent 25.05% Government 10.19% Corporate 3.22% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Invesco India Money Market Dir Gr
Investment Fund | -7% ₹46 Cr 164,551 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK7% ₹44 Cr 477,184 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 09 | HDFCBANK6% ₹38 Cr 260,440 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 22 | TCS6% ₹35 Cr 103,578 NTPC Ltd (Utilities)
Equity, Since 31 May 22 | 5325554% ₹22 Cr 931,895 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 21 | LT3% ₹22 Cr 73,731 7.26% Govt Stock 2029
Sovereign Bonds | -3% ₹20 Cr 2,000,000 5.63% Govt Stock 2026
Sovereign Bonds | -3% ₹19 Cr 2,000,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | M&M3% ₹18 Cr 120,521 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Sep 21 | SUNPHARMA3% ₹16 Cr 148,465 6. Edelweiss Balanced Advantage Fund
CAGR/Annualized return of 10.8% since its launch. Ranked 26 in Dynamic Allocation category. Return for 2023 was 18.8% , 2022 was 2.1% and 2021 was 18.8% . Edelweiss Balanced Advantage Fund
Growth Launch Date 20 Aug 09 NAV (05 Jan 24) ₹43.71 ↑ 0.08 (0.18 %) Net Assets (Cr) ₹9,724 on 30 Nov 23 Category Hybrid - Dynamic Allocation AMC Edelweiss Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.79 Sharpe Ratio 0.52 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 18 ₹10,000 31 Dec 19 ₹10,778 31 Dec 20 ₹13,218 31 Dec 21 ₹15,697 31 Dec 22 ₹16,034 31 Dec 23 ₹19,047 Edelweiss Balanced Advantage Fund SIP Returns
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710 Returns for Edelweiss Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Jan 24 Duration Returns 1 Month 3.4% 3 Month 9% 6 Month 11.2% 1 Year 19.5% 3 Year 12.5% 5 Year 14.1% 10 Year 15 Year Since launch 10.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 18.8% 2021 2.1% 2020 18.8% 2019 22.6% 2018 7.8% 2017 1.9% 2016 23.9% 2015 -1.5% 2014 3.7% 2013 29% Fund Manager information for Edelweiss Balanced Advantage Fund
Name Since Tenure Bharat Lahoti 18 Sep 17 6.2 Yr. Rahul Dedhia 23 Nov 21 2.02 Yr. Data below for Edelweiss Balanced Advantage Fund as on 30 Nov 23
Asset Allocation
Asset Class Value Cash 13.94% Equity 69.67% Debt 16.38% Equity Sector Allocation
Sector Value Financial Services 25.14% Consumer Cyclical 8.38% Technology 7.65% Consumer Defensive 7.07% Energy 5.59% Industrials 5.01% Basic Materials 4.56% Health Care 3.88% Utility 2.75% Communication Services 2.01% Real Estate 0.71% Debt Sector Allocation
Sector Value Cash Equivalent 13.41% Government 9.62% Corporate 7.04% Securitized 0.26% Credit Quality
Rating Value AAA 95.5% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK5% ₹503 Cr 3,405,400
↓ -574,560 Nifty 30/11/2023
- | -5% -₹479 Cr 250,000
↑ 250,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK5% ₹446 Cr 4,870,000
↓ -179,698 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE4% ₹386 Cr 1,688,250
↓ -163,822 7.38% Govt Stock 2027
Sovereign Bonds | -3% ₹250 Cr 25,000,000 91 DTB 25012024
Sovereign Bonds | -3% ₹246 Cr 25,000,000
↑ 25,000,000 Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY2% ₹231 Cr 1,690,000
↓ -63,909 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 15 | ITC2% ₹199 Cr 4,640,000
↓ -463,587 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 5322152% ₹190 Cr 1,932,718 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL2% ₹187 Cr 2,040,000
↓ -98,353 7. L&T Dynamic Equity Fund
CAGR/Annualized return of 10.8% since its launch. Ranked 28 in Dynamic Allocation category. Return for 2023 was 18% , 2022 was 1.8% and 2021 was 8.4% . L&T Dynamic Equity Fund
Growth Launch Date 7 Feb 11 NAV (05 Jan 24) ₹37.3979 ↑ 0.09 (0.24 %) Net Assets (Cr) ₹1,363 on 30 Nov 23 Category Hybrid - Dynamic Allocation AMC L&T Investment Management Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.08 Sharpe Ratio 0.9 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 18 ₹10,000 31 Dec 19 ₹10,817 31 Dec 20 ₹12,201 31 Dec 21 ₹13,221 31 Dec 22 ₹13,460 31 Dec 23 ₹15,879 L&T Dynamic Equity Fund SIP Returns
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859 Returns for L&T Dynamic Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Jan 24 Duration Returns 1 Month 2.9% 3 Month 8.2% 6 Month 11.7% 1 Year 18.5% 3 Year 9.1% 5 Year 9.8% 10 Year 15 Year Since launch 10.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 18% 2021 1.8% 2020 8.4% 2019 12.8% 2018 8.2% 2017 3.4% 2016 11.4% 2015 1.9% 2014 3.8% 2013 49.7% Fund Manager information for L&T Dynamic Equity Fund
Name Since Tenure Mahesh Chhabria 15 Jul 23 0.38 Yr. Neelotpal Sahai 26 Nov 22 1.01 Yr. Praveen Ayathan 1 Oct 23 0.17 Yr. Gautam Bhupal 1 Oct 23 0.17 Yr. Sonal Gupta 1 Oct 23 0.17 Yr. Hitesh Gondhia 1 Oct 23 0.17 Yr. Data below for L&T Dynamic Equity Fund as on 30 Nov 23
Asset Allocation
Asset Class Value Cash 2.44% Equity 69.17% Debt 28.39% Equity Sector Allocation
Sector Value Financial Services 19.82% Energy 8.63% Consumer Defensive 6.77% Industrials 6.6% Technology 6.39% Health Care 5.76% Basic Materials 5.32% Real Estate 3.65% Consumer Cyclical 3.01% Utility 1.94% Communication Services 1.28% Debt Sector Allocation
Sector Value Government 16.58% Corporate 13.97% Cash Equivalent 0.29% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE7% ₹90 Cr 380,000
↑ 100,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFCBANK6% ₹78 Cr 500,000
↑ 100,000 5.22% Govt Stock 2025
Sovereign Bonds | -4% ₹55 Cr 5,501,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK4% ₹51 Cr 550,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹49 Cr 500 5.15% Govt Stock 2025
Sovereign Bonds | -4% ₹48 Cr 5,000,000 7.06% Govt Stock 2028
Sovereign Bonds | -4% ₹48 Cr 4,800,000 HDFC Bank Limited
Debentures | -2% ₹32 Cr 300 DLF Ltd (Real Estate)
Equity, Since 31 Mar 21 | 5328682% ₹29 Cr 458,700
↓ -323,400 ITC Ltd (Consumer Defensive)
Equity, Since 31 May 19 | ITC2% ₹28 Cr 650,000 8. Principal Balanced Advantage Fund
CAGR/Annualized return of 8.9% since its launch. Return for 2023 was 14.1% , 2022 was 5.7% and 2021 was 10.9% . Principal Balanced Advantage Fund
Growth Launch Date 16 Dec 10 NAV (05 Jan 24) ₹30.5169 ↑ 0.07 (0.23 %) Net Assets (Cr) ₹1,541 on 30 Nov 23 Category Hybrid - Dynamic Allocation AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 2.09 Sharpe Ratio 0.2 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (2%),1-2 Years (1%),2 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 18 ₹10,000 31 Dec 19 ₹10,103 31 Dec 20 ₹11,115 31 Dec 21 ₹12,323 31 Dec 22 ₹13,030 31 Dec 23 ₹14,868 Principal Balanced Advantage Fund SIP Returns
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357 Returns for Principal Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Jan 24 Duration Returns 1 Month 3% 3 Month 7.7% 6 Month 10.3% 1 Year 14.7% 3 Year 10.2% 5 Year 8.4% 10 Year 15 Year Since launch 8.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 14.1% 2021 5.7% 2020 10.9% 2019 10% 2018 1% 2017 3.2% 2016 13.1% 2015 4.5% 2014 3.4% 2013 34.1% Fund Manager information for Principal Balanced Advantage Fund
Name Since Tenure Dwijendra Srivastava 1 Jan 22 1.91 Yr. Ravi Gopalakrishnan 16 May 22 1.54 Yr. S. Bharath 1 Jan 22 1.91 Yr. Data below for Principal Balanced Advantage Fund as on 30 Nov 23
Asset Allocation
Asset Class Value Cash 20.68% Equity 56.6% Debt 22.6% Equity Sector Allocation
Sector Value Financial Services 24.78% Consumer Cyclical 10.18% Technology 7.44% Consumer Defensive 5.54% Industrials 5.44% Energy 4.86% Health Care 4.23% Basic Materials 3.72% Communication Services 2.29% Utility 1.78% Real Estate 0.67% Debt Sector Allocation
Sector Value Cash Equivalent 20.68% Government 13.91% Corporate 6.72% Securitized 2.09% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | HDFCBANK7% ₹112 Cr 721,600 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | ICICIBANK6% ₹94 Cr 1,010,500 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 10 | RELIANCE5% ₹75 Cr 315,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | INFY4% ₹66 Cr 455,000 7.38% Govt Stock 2027
Sovereign Bonds | -3% ₹40 Cr 4,000,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 20 | MARUTI2% ₹36 Cr 33,800 7.26% Govt Stock 2033
Sovereign Bonds | -2% ₹35 Cr 3,500,000 5.22% Govt Stock 2025
Sovereign Bonds | -2% ₹34 Cr 3,500,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 10 | LT2% ₹33 Cr 105,112 Hdfc Bank Limited December 2023
Derivatives | -2% -₹32 Cr 206,800
↑ 206,800
