Dezerv

Fund Overview

Fund Size

Fund Size

₹1,081 Cr

Expense Ratio

Expense Ratio

0.51%

ISIN

ISIN

INF0QA701656

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

15 Dec 2023

About this fund

Bajaj Finserv Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Bajaj Finserv Mutual Fund. This fund has been in existence for 5 months and 3 days, having been launched on 15-Dec-23.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹10.69, Assets Under Management (AUM) of 1080.89 Crores, and an expense ratio of 0.51%.
  • Bajaj Finserv Balanced Advantage Fund Direct Growth has given a CAGR return of 6.91% since inception.
  • The fund's asset allocation comprises around 71.21% in equities, 7.94% in debts, and 20.86% in cash & cash equivalents.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+6.91%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity769.66 Cr71.21%
Debt85.78 Cr7.94%
Others225.45 Cr20.86%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Receivables / (Payables)Cash148.18 Cr13.71%
Clearing Corporation Of India LtdCash - Repurchase Agreement74.79 Cr6.92%
HDFC Bank LtdEquity68.57 Cr6.34%
Reliance Industries LtdEquity62.34 Cr5.77%
ICICI Bank LtdEquity59.08 Cr5.47%
Nifty 50 Index May 2024 FutureEquity Index - Future-51.12 Cr4.73%
7.18% Govt Stock 2033Bond - Gov't/Treasury44.95 Cr4.16%
State Bank of IndiaEquity43.39 Cr4.01%
Bharti Airtel LtdEquity43.27 Cr4.00%
Larsen & Toubro LtdEquity41.81 Cr3.87%
ITC LtdEquity27.98 Cr2.59%
SRF LtdEquity25.46 Cr2.36%
Bajaj Auto LtdEquity24.74 Cr2.29%
Oil & Natural Gas Corp LtdEquity22.32 Cr2.07%
Nestle India LtdEquity20.89 Cr1.93%
Divi's Laboratories LtdEquity20.43 Cr1.89%
Tata Consultancy Services LtdEquity18.28 Cr1.69%
Britannia Industries LtdEquity17.98 Cr1.66%
Grasim Industries LtdEquity17.83 Cr1.65%
JSW Steel LtdEquity16 Cr1.48%
Hindalco Industries LtdEquity15.35 Cr1.42%
Indian Railway Finance Corporation LimitedBond - Corporate Bond14.99 Cr1.39%
Tata Motors LtdEquity14.83 Cr1.37%
Infosys LtdEquity14.3 Cr1.32%
Apollo Hospitals Enterprise LtdEquity13.92 Cr1.29%
Zomato LtdEquity13.78 Cr1.27%
United Breweries LtdEquity13.52 Cr1.25%
Sanofi India LtdEquity12.84 Cr1.19%
Hindustan Unilever LtdEquity12.5 Cr1.16%
Sun Pharmaceuticals Industries LtdEquity12.35 Cr1.14%
TVS Motor Co LtdEquity12.08 Cr1.12%
Kotak Mahindra Bank LtdEquity11.85 Cr1.10%
Cipla LtdEquity11.53 Cr1.07%
Tata Power Co LtdEquity11.39 Cr1.05%
Tata Steel LtdEquity10.61 Cr0.98%
ABB India LtdEquity10.6 Cr0.98%
Havells India LtdEquity10.5 Cr0.97%
Tata Consumer Products LtdEquity10.17 Cr0.94%
07.70 MH Sdl 2034Bond - Gov't/Treasury10.15 Cr0.94%
IndusInd Bank LtdEquity10.09 Cr0.93%
Hdfc Bank Limited May 2024 FutureEquity - Future-9.99 Cr0.92%
Bank Of BarodaBond - Corporate Bond9.96 Cr0.92%
Asian Paints LtdEquity9.59 Cr0.89%
Bharat Petroleum Corp LtdEquity9.36 Cr0.87%
Bharat Electronics LtdEquity9.35 Cr0.86%
Infosys Limited May 2024 FutureEquity - Future-9.16 Cr0.85%
Maruti Suzuki India LtdEquity8.69 Cr0.80%
Procter & Gamble Hygiene and Health Care LtdEquity8.56 Cr0.79%
UltraTech Cement LtdEquity8.3 Cr0.77%
Titan Co LtdEquity8.28 Cr0.77%
SBI Life Insurance Company LimitedEquity7.2 Cr0.67%
NTPC LtdEquity6.39 Cr0.59%
7.1% Govt Stock 2034Bond - Gov't/Treasury5.73 Cr0.53%
Mahindra & Mahindra LtdEquity5.67 Cr0.52%
Future on Nestle India LtdEquity - Future-5.05 Cr0.47%
Dr Reddy's Laboratories LtdEquity4.63 Cr0.43%
Wipro LtdEquity4.03 Cr0.37%
182 DTB 04072024Bond - Gov't/Treasury2.47 Cr0.23%
Axis Bank LtdEquity2.33 Cr0.22%

Allocation By Market Cap (Equity)

Large Cap Stocks

74.48%

Mid Cap Stocks

2.04%

Small Cap Stocks

1.19%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services202.51 Cr18.74%
Consumer Defensive111.61 Cr10.33%
Basic Materials103.14 Cr9.54%
Energy94.02 Cr8.70%
Consumer Cyclical88.08 Cr8.15%
Healthcare75.7 Cr7.00%
Industrials72.26 Cr6.69%
Communication Services43.27 Cr4.00%
Technology36.61 Cr3.39%
Utilities17.78 Cr1.64%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

7.46%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.95

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.90

Higher the better

Fund Managers

Nimesh Chandan

Nimesh Chandan

Since December 2023

Siddharth Chaudhary

Siddharth Chaudhary

Since December 2023

Sorbh Gupta

Sorbh Gupta

Since December 2023

Additional Scheme Detailsas of 30th April 2024

ISININF0QA701656Expense Ratio0.51%Exit Load1.00%Fund Size₹1,081 CrAge15 Dec 2023Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 Hybrid Composite Debt 50:50

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1247.43 Cr27.0%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1247.43 Cr28.5%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1046.84 Cr61.0%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.2%1.0%₹1046.84 Cr58.5%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹2228.68 Cr20.5%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2228.68 Cr18.9%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹731.33 Cr28.9%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹731.33 Cr31.1%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.3%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1570.06 Cr20.6%

About the AMC

Total AUM

₹8,890 Cr

Address

8th floor, E-Core,Solitaire Business Hub (formerly Marvel Edge), Viman Nagar 411014

Other Funds by Bajaj Finserv Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bajaj Finserv Balanced Advantage Fund Direct Growth

Very High Risk

0.5%1.0%₹1080.89 Cr-
Bajaj Finserv Banking and PSU Fund Direct Growth

Moderate Risk

0.3%0.0%₹110.71 Cr-
Bajaj Finserv Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹521.36 Cr-
Bajaj Finserv Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹180.29 Cr-
Bajaj Finserv Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2400.68 Cr-
Bajaj Finserv Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2116.70 Cr-
Bajaj Finserv Flexi Cap Fund Direct Growth

Very High Risk

0.1%1.0%₹2614.35 Cr-

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Bajaj Finserv Balanced Advantage Fund Direct Growth, as of 17-May-2024, is ₹10.69.
The fund's allocation of assets is distributed as 71.21% in equities, 7.94% in bonds, and 20.86% in cash and cash equivalents.
The fund managers responsible for Bajaj Finserv Balanced Advantage Fund Direct Growth are:-
  1. Nimesh Chandan
  2. Siddharth Chaudhary
  3. Sorbh Gupta