Balanced Advantage
Fund Type
Open Ended
Investment Plan
Growth
Investment Plan
1%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
Asset Size
681.41 Cr.
(As of 31 Dec, 2020)
Risk
Moderately High
To generate capital appreciation by investing in equity and debt securities which are managed dynamically.
Fund manager
Pranav Gokhale
Exit load
0.25 %
(If redeemed within 90 days)Minimum sip
₹500
Minimum investment
₹1000
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Nifty 50 Index January 2021 Future
13.17%
HDFC Bank Ltd
8.03%
Infosys Ltd
7.67%
ICICI Bank Ltd
6.14%
Balanced Advantage Funds are open ended dynamic asset allocation funds which dynamically invest in the debt and equity part of the corpus as per the market conditions. The waythis works is if the market is very high or overvalued, they’ll have lower equity exposure and if the market is undervalued or rightly-priced, they’ll increase their equity exposure. The fund aims to benefit from the market fluctuations and give attractivereturns to the investors.
This fund is rated 3 stars by Morning Star Ratings.