Dezerv

Fund Overview

Fund Size

Fund Size

₹2,224 Cr

Expense Ratio

Expense Ratio

0.70%

ISIN

ISIN

INF194KA1UH1

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

10 Oct 2014

About this fund

Bandhan Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 9 years, 6 months and 9 days, having been launched on 10-Oct-14.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹24.39, Assets Under Management (AUM) of 2224.10 Crores, and an expense ratio of 0.7%.
  • Bandhan Balanced Advantage Fund Direct Growth has given a CAGR return of 9.82% since inception.
  • The fund's asset allocation comprises around 39.24% in equities, 20.74% in debts, and 40.02% in cash & cash equivalents.
  • You can start investing in Bandhan Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

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.

1 Year

+21.50%

+23.89%(Cat. Avg.)

3 Years

+11.05%

+12.45%(Cat. Avg.)

5 Years

+11.60%

+11.62%(Cat. Avg.)

Since Inception

+9.82%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity872.67 Cr39.24%
Debt461.31 Cr20.74%
Others890.12 Cr40.02%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset832.9 Cr37.45%
ICICI Bank LtdEquity200.69 Cr9.02%
Icici Bank Limited April 2024 FutureEquity - Future-154.08 Cr6.93%
7.18% Govt Stock 2033Bond - Gov't/Treasury115.98 Cr5.21%
Bajaj Finance LtdEquity92.34 Cr4.15%
Infosys LtdEquity90.86 Cr4.09%
7.06% Govt Stock 2028Bond - Gov't/Treasury90.01 Cr4.05%
Future on Bajaj Finance LtdEquity - Future-84.81 Cr3.81%
Reliance Industries LtdEquity78.46 Cr3.53%
HDFC Bank LtdEquity76.54 Cr3.44%
Bajaj Finance LimitedBond - Corporate Bond74.78 Cr3.36%
Infosys Limited April 2024 FutureEquity - Future-67.55 Cr3.04%
Hdfc Bank Limited April 2024 FutureEquity - Future-65.41 Cr2.94%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit61.64 Cr2.77%
Future on Cholamandalam Investment and Finance Co LtdEquity - Future-54.77 Cr2.46%
Cholamandalam Investment and Finance Co LtdEquity54.5 Cr2.45%
State Bank of IndiaEquity52.05 Cr2.34%
7.18% Govt Stock 2037Bond - Gov't/Treasury50.38 Cr2.27%
HDFC Bank LimitedBond - Corporate Bond49.86 Cr2.24%
Larsen & Toubro LtdEquity49.85 Cr2.24%
Godrej Consumer Products LtdEquity48.44 Cr2.18%
Future on Godrej Consumer Products LtdEquity - Future-47.74 Cr2.15%
Future on Tata Consultancy Services LtdEquity - Future-36.58 Cr1.64%
Tata Consultancy Services LtdEquity36.29 Cr1.63%
Future on Kotak Mahindra Bank LtdEquity - Future-32.04 Cr1.44%
Kotak Mahindra Bank LtdEquity31.78 Cr1.43%
Hindustan Unilever LtdEquity31.59 Cr1.42%
Maruti Suzuki India LtdEquity30.24 Cr1.36%
Future on State Bank of IndiaEquity - Future-29.51 Cr1.33%
Tata Motors LtdEquity28.82 Cr1.30%
Future on HDFC Life Insurance Company LimitedEquity - Future-28.66 Cr1.29%
HDFC Life Insurance Company LimitedEquity28.42 Cr1.28%
Future on United Spirits LtdEquity - Future-26.31 Cr1.18%
United Spirits LtdEquity26.2 Cr1.18%
Bharti Airtel LtdEquity25.96 Cr1.17%
Zomato LtdEquity25.49 Cr1.15%
Info Edge (India) LtdEquity25.16 Cr1.13%
Small Industries Development Bank of India 7.75%Bond - Corporate Bond25.06 Cr1.13%
Future on Hindustan Unilever LtdEquity - Future-24.99 Cr1.12%
Small Industries Development Bank Of IndiaBond - Corporate Bond24.84 Cr1.12%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond24.49 Cr1.10%
Mphasis LtdEquity24.27 Cr1.09%
Future on Reliance Industries LtdEquity - Future-24.23 Cr1.09%
ITC LtdEquity23.77 Cr1.07%
TVS Motor Co LtdEquity23.49 Cr1.06%
Future on Larsen & Toubro LtdEquity - Future-20.47 Cr0.92%
GAIL (India) LtdEquity19.92 Cr0.90%
Ambuja Cements LtdEquity19.9 Cr0.89%
Power Grid Corp Of India LtdEquity18.73 Cr0.84%
Future on Tata Motors LtdEquity - Future-18.68 Cr0.84%
Axis Bank LtdEquity18.64 Cr0.84%
REC LtdEquity18.04 Cr0.81%
Future on Bharti Airtel LtdEquity - Future-18.01 Cr0.81%
Future on JSW Steel LtdEquity - Future-16.73 Cr0.75%
Lupin LtdEquity16.72 Cr0.75%
JSW Steel LtdEquity16.59 Cr0.75%
Mahindra & Mahindra LtdEquity16.41 Cr0.74%
Indian Oil Corp LtdEquity15.8 Cr0.71%
Hindalco Industries LtdEquity15.69 Cr0.71%
Trent LtdEquity14.28 Cr0.64%
Sona BLW Precision Forgings LtdEquity14.21 Cr0.64%
Samvardhana Motherson International LtdEquity14.16 Cr0.64%
Jio Financial Services LtdEquity14.15 Cr0.64%
IndusInd Bank LtdEquity13.94 Cr0.63%
Bank of IndiaEquity13.71 Cr0.62%
Apollo Hospitals Enterprise LtdEquity13.62 Cr0.61%
Signatureglobal (India) LtdEquity13.59 Cr0.61%
Sun Pharmaceuticals Industries LtdEquity13.49 Cr0.61%
NTPC LtdEquity13.43 Cr0.60%
Avenue Supermarts LtdEquity12.95 Cr0.58%
Future on Tech Mahindra LtdEquity - Future-12.53 Cr0.56%
Jindal Stainless LtdEquity12.5 Cr0.56%
Tech Mahindra LtdEquity12.43 Cr0.56%
Oil & Natural Gas Corp LtdEquity12.41 Cr0.56%
Bharat Heavy Electricals LtdEquity12.37 Cr0.56%
Varun Beverages LtdEquity12.21 Cr0.55%
Apar Industries LtdEquity11.84 Cr0.53%
Shriram Finance LtdEquity11.8 Cr0.53%
Bharat Electronics LtdEquity11.43 Cr0.51%
Cholamandalam Financial Holdings LtdEquity11.27 Cr0.51%
Future on Mahindra & Mahindra LtdEquity - Future-10.98 Cr0.49%
Future on ITC LtdEquity - Future-10.78 Cr0.48%
Container Corporation of India LtdEquity10.59 Cr0.48%
ISGEC Heavy Engineering LtdEquity10.48 Cr0.47%
Glenmark Pharmaceuticals LtdEquity10.06 Cr0.45%
Bajaj Finserv LtdEquity9.86 Cr0.44%
Hitachi Energy India Ltd Ordinary SharesEquity9.76 Cr0.44%
MOIL LtdEquity9.75 Cr0.44%
Sobha LtdEquity9.56 Cr0.43%
Steel Authority Of India LtdEquity9.4 Cr0.42%
Future on PI Industries LtdEquity - Future-9.32 Cr0.42%
PI Industries LtdEquity9.28 Cr0.42%
Aurobindo Pharma LtdEquity8.71 Cr0.39%
Life Insurance Corporation of IndiaEquity7.79 Cr0.35%
Bharti Airtel Ltd (Partly Paid Rs.1.25)Equity7.67 Cr0.35%
Mrs Bectors Food Specialities Ltd Ordinary SharesEquity7.11 Cr0.32%
Future on SRF LtdEquity - Future-7.05 Cr0.32%
SRF LtdEquity7.01 Cr0.32%
Net Receivables/PayablesCash - Collateral-6.69 Cr0.30%
Future on Mphasis LtdEquity - Future-6.61 Cr0.30%
Electronics Mart India LtdEquity6.23 Cr0.28%
Praj Industries LtdEquity6.03 Cr0.27%
6.54% Govt Stock 2032Bond - Gov't/Treasury5.81 Cr0.26%
UNO Minda LtdEquity5.44 Cr0.24%
Future on DLF LtdEquity - Future-5.2 Cr0.23%
DLF LtdEquity5.18 Cr0.23%
UltraTech Cement LtdEquity4.88 Cr0.22%
Future on Lupin LtdEquity - Future-4.69 Cr0.21%
Acc Limited April 2024 FutureEquity - Future-4.52 Cr0.20%
ACC LtdEquity4.49 Cr0.20%
Titan Company Limited April 2024 FutureEquity - Future-4.36 Cr0.20%
Titan Co LtdEquity4.32 Cr0.19%
Future on UltraTech Cement LtdEquity - Future-4.31 Cr0.19%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-1.49 Cr0.07%
Triparty RepoCash - Repurchase Agreement1.2 Cr0.05%
Cash Margin - DerivativesCash - Collateral1 Cr0.04%
Divi's Laboratories LtdEquity0.53 Cr0.02%
Future on Divi's Laboratories LtdEquity - Future-0.49 Cr0.02%
Ntpc LimitedBond - Corporate Bond0.1 Cr0.00%
Cash / Bank BalanceCash - Collateral0.07 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

63.02%

Mid Cap Stocks

6.57%

Small Cap Stocks

3.26%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services655.52 Cr29.47%
Consumer Cyclical183.1 Cr8.23%
Technology173.61 Cr7.81%
Consumer Defensive162.27 Cr7.30%
Industrials112.59 Cr5.06%
Basic Materials109.48 Cr4.92%
Energy106.66 Cr4.80%
Healthcare63.13 Cr2.84%
Communication Services58.8 Cr2.64%
Utilities52.08 Cr2.34%
Real Estate28.33 Cr1.27%

Risk & Performance Ratios

Standard Deviation

This fund

6.90%

Cat. avg.

7.46%

Lower the better

Sharpe Ratio

This fund

0.78

Cat. avg.

0.90

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.79

Higher the better

Fund Managers

Manish Gunwani

Manish Gunwani

Since January 2024

SA

Sumit Agrawal

Since March 2017

BS

Brijesh Shah

Since July 2022

SB

Sreejith Balasubramanian

Since August 2023

Vishal Biraia

Vishal Biraia

Since June 2023

RB

Ritika Behera

Since October 2023

Additional Scheme Detailsas of 31st March 2024

ISININF194KA1UH1Expense Ratio0.70%Exit Load1.00%Fund Size₹2,224 CrAge10 Oct 2014Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 TR INR

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.

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

Very High Risk

2.2%1.0%₹1235.60 Cr32.3%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1235.60 Cr33.9%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹890.96 Cr60.5%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.2%1.0%₹890.96 Cr57.9%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹2224.10 Cr21.5%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2224.10 Cr19.9%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹702.76 Cr30.5%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹702.76 Cr32.8%
Mirae Asset Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1534.21 Cr22.9%
Mirae Asset Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹1534.21 Cr21.2%

About the AMC

Total AUM

₹1,41,295 Cr

Address

6th Floor, 841, One World Center, Mumbai, 400013

Other Funds by Bandhan Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.7%0.0%₹1325.49 Cr-
Bandhan Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹25.29 Cr-
Bandhan Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹38.41 Cr-
Bandhan Retirement Fund Direct Growth

Very High Risk

0.8%0.0%₹155.50 Cr-
Bandhan Nifty IT Index Fund Direct Growth

Very High Risk

0.4%0.0%₹18.27 Cr-
Bandhan Interval Fund - Series 17 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 197 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 179 Direct Growth

Moderate Risk

-0.0%₹286.43 Cr7.7%
Bandhan Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1098.41 Cr6.8%
Bandhan Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹10444.18 Cr7.4%
Bandhan Core Equity Fund Direct Growth

Very High Risk

0.7%1.0%₹4022.92 Cr55.9%
Bandhan Dynamic Bond Fund Direct Growth

Moderate Risk

0.8%0.0%₹2337.12 Cr7.3%
Bandhan Large Cap Fund Direct Growth

Very High Risk

0.9%0.0%₹1380.13 Cr36.9%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth

High Risk

0.5%1.0%₹17.50 Cr29.2%
Bandhan Government Securities Fund Investment Plan Direct Growth

Moderate Risk

0.5%0.0%₹1661.19 Cr7.6%
Bandhan Focused Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹1507.84 Cr39.1%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth

Moderate Risk

0.3%0.0%₹341.17 Cr7.2%
Bandhan Infrastructure Fund Direct Growth

Very High Risk

0.9%0.0%₹1043.20 Cr79.1%
Bandhan Regular Savings Fund Direct Growth

Moderately High risk

1.2%0.0%₹119.35 Cr10.6%
Bandhan Bond Fund - Medium Term Plan Direct Growth

Moderate Risk

0.8%0.0%₹1643.53 Cr6.5%
Bandhan Bond Fund - Income Plan Direct Growth

Moderate Risk

1.3%1.0%₹495.10 Cr6.3%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4386.58 Cr7.6%
Bandhan Bond Fund - Short Term Plan Direct Growth

Moderate Risk

0.3%0.0%₹8711.61 Cr7.0%
Bandhan Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹1179.84 Cr25.8%
Bandhan Sterling Value Fund Direct Growth

Very High Risk

0.7%1.0%₹8569.07 Cr43.7%
Bandhan Flexi Cap Fund Direct Growth

Very High Risk

1.1%1.0%₹6807.21 Cr35.3%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹113.64 Cr7.0%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.5%0.0%₹6252.84 Cr39.0%
Bandhan Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5077.10 Cr7.3%
Bandhan Asset Allocation FOF Conservative Plan Direct Growth

Moderately High risk

0.3%1.0%₹6.30 Cr13.4%
Bandhan Crisil IBX Gilt April 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹480.65 Cr6.8%
Bandhan Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1972.48 Cr42.9%
Bandhan Financial Services Fund Direct Growth

Very High Risk

0.7%0.0%₹748.74 Cr-
Bandhan Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹213.67 Cr7.1%
Bandhan Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹5768.36 Cr8.5%
Bandhan US Equity Fund of Fund Direct Growth

Very High Risk

1.2%1.0%₹305.99 Cr38.6%
Bandhan CRISIL IBX Gilt June 2032 Index Fund Direct Growth

Moderate Risk

-0.0%₹385.01 Cr7.4%
Bandhan Crisil IBX Gilt September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹167.42 Cr6.9%
Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹352.11 Cr8.1%
Bandhan Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3633.48 Cr7.4%
Bandhan Asset Allocation FOF Moderate Plan Direct Growth

High Risk

0.4%1.0%₹18.04 Cr21.3%
Bandhan Equity Savings Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹106.02 Cr12.0%
Bandhan US Treasury Bond 0-1 year Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹176.38 Cr6.7%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹494.55 Cr33.0%
Bandhan All Seasons Bond Fund Direct Growth

Moderate Risk

0.1%0.0%₹119.89 Cr6.8%
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹63.04 Cr64.1%
Bandhan Emerging Businesses Fund Direct Growth

Very High Risk

0.4%1.0%₹4384.90 Cr76.1%
Bandhan Hybrid Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹691.03 Cr27.4%
Bandhan Nifty 100 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹116.49 Cr31.0%
Bandhan Credit Risk Fund Direct Growth

Moderately High risk

0.7%1.0%₹359.23 Cr6.8%

Risk Level

Your principal amount will be at Moderately High risk

Moderately High risk
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The NAV of Bandhan Balanced Advantage Fund Direct Growth, as of 18-Apr-2024, is ₹24.39.
The fund has generated 21.50% over the last 1 year and 11.05% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 39.24% in equities, 20.74% in bonds, and 40.02% in cash and cash equivalents.
The fund managers responsible for Bandhan Balanced Advantage Fund Direct Growth are:-
  1. Manish Gunwani
  2. Sumit Agrawal
  3. Brijesh Shah
  4. Sreejith Balasubramanian
  5. Vishal Biraia
  6. Ritika Behera