(As of 31 Dec, 2021)
CRISIL Hybrid 35+65 - Agg TR INR
Investors understand that their principal will be at Very High Risk.
To generate capital appreciation by investing in equity and debt securities which are managed dynamically.
0.25 %(If redeemed within 90 days)
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.
Reliance Industries Ltd
Invesco India Money Market Dir Gr
HDFC Bank Ltd
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.