IDFC Balanced Advantage Fund - Growth - Direct Plan

Other Plans and Options
  • 0.21 %Nav, as on 01-02-2023

  • Previous Nav

  • Net Change on 01-02-2023

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

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 equity related instruments; and for defensive purposes in equity derivatives. The secondary objective of the scheme will be to generate income and capital appreciation through investment in Debt & Money Market instruments.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
IDFC Balanced Advantage Fund Direct Plan Growth -1.10 -2.24 -0.16 9.18 8.08 8.66
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
NIFTY 50 Hybrid Composite Debt 50:50 Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
IDFC Balanced Advantage Fund Direct Plan Growth Oct 10, 2014 Unrated -0.16 9.18 8.08 0.56 2,766.88

Fund Holdings as on 31-December-2022

  • 5.63% Government of India

  • ICICI Bank Limited

  • HDFC Bank Limited

  • Reliance Industries Limited

  • Infosys Limited

  • Triparty Repo

  • Bajaj Finance Limited

  • Small Industries Dev Bank of India **

  • Mahindra & Mahindra Limited

  • Divi's Laboratories Limited

  • Housing Development Finance Corporation Limited

  • Hindustan Unilever Limited

  • United Spirits Limited

  • Avenue Supermarts Limited

  • Cholamandalam Investment and Finance Company Ltd

  • Bharti Airtel Limited

  • 364 Days Tbill

  • 182 Days Tbill

  • State Bank of India

  • HDFC Bank Limited **

  • UltraTech Cement Limited

  • Godrej Consumer Products Limited

  • Titan Company Limited

  • SRF Limited

  • MphasiS Limited

  • Tata Chemicals Limited

  • UNO Minda Limited

  • Apollo Hospitals Enterprise Limited

  • Tata Motors Limited

  • Tata Consultancy Services Limited

  • IndusInd Bank Limited

  • 6.75% Power Finance Corporation Limited **

  • 182 Days Tbill

  • Bank of Baroda **

  • Kotak Mahindra Investments Limited **

  • HDFC Bank Limited **

  • Carborundum Universal Limited

  • TVS Motor Company Limited

  • PI Industries Limited

  • Kotak Mahindra Bank Limited

  • Jamna Auto Industries Limited

  • Bank of Baroda

  • Axis Bank Limited

  • Nestle India Limited

  • Samvardhana Motherson International Limited

  • Shaily Engineering Plastics Limited

  • Century Textiles & Industries Limited

  • Net Receivables/Payables

  • ABB India Limited

  • Tube Investments of India Limited

  • Vedant Fashions Limited

  • 7.38% Government of India

  • Aether Industries Limited

  • Page Industries Limited

  • Clean Science and Technology Limited

  • ACC Limited

  • Cash Margin - Derivatives

  • Bharti Airtel Limited

  • Bharat Electronics Limited

  • DLF Limited

  • Lupin Limited

  • Bajaj Finserv Limited

  • Sun Pharmaceutical Industries Limited

  • 8.49% NTPC Limited **

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  • Bank - Private

  • Miscellaneous

  • IT - Software

  • Finance - NBFC

  • Refineries

  • Household & Personal Products

  • Automobiles - Passenger Cars

  • Pharmaceuticals & Drugs

  • Bank - Public

  • Auto Ancillary

  • Finance - Housing

  • Breweries & Distilleries

  • Retailing

  • Telecommunication - Service Provider

  • Cement & Construction Materials

  • Diversified

  • Chemicals

  • Diamond & Jewellery

  • Hospital & Healthcare Services

  • Automobiles-Trucks/Lcv

  • Abrasives

  • Automobile Two & Three Wheelers

  • Pesticides & Agrochemicals

  • Textile

  • Consumer Food

  • Plastic Products

  • Electric Equipment

  • Cycles

  • Engineering - Industrial Equipments

  • Construction - Real Estate

  • Finance - Investment

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Fund Manager

  • Education:PG-Diploma in Finance
  • Experience:10 Years
  • Basic Details:Mr. Shah is associated with IDFC AMC since August 2015 as part of the Fixed Income Team and will now be handling investments and fixed income fund management.Prior experience: 1) IDBI Asset Management Ltd. - Dealing in Fixed income (Jan. 2013 to Aug. 2015) 2) India Bulls Asset Management Ltd. - Dealing in Fixed income (Jun. 2011 to Dec. 2012) 3) Mata Securities - Relationship Manager, Wholesale Debt Market (Jun. 2010 to Jun. 2011) 4) Twenty First Century - Relationship Manager, Wholesale Debt Market (Jan. 2009 to May 2010)
  • Funds Managed:
  • IDFC Balanced Advantage Fund
  • IDFC Cash Fund
  • IDFC Balanced Advantage Fund
  • IDFC Money Manager Fund
  • IDFC Overnight Fund
  • IDFC Overnight Fund

  • CARE A1+

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • Equity

  • FITCH A1+

  • Rights

  • SOVEREIGN

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About IDFC Balanced Advantage Fund

Scheme Analysis

IDFC Balanced Advantage Fund is a Hybrid - Balanced Advantage fund and belongs to IDFC Mutual Fund. It was launched on 10-Oct-2014 and currently has an AUM of ₹2,766.88 crore. IDFC Balanced Advantage Fund is benchmarked against NIFTY 50 - TRI as primary index and NIFTY 50 Hybrid Composite Debt 50:50 Index as secondary index.

The NAV of IDFC Balanced Advantage Fund ended up ₹0.04(0.21%)yesterday to ₹19.948.

Among its top 3 holdings the fund has exposure to 5.63% Government of India, and

The IDFC Balanced Advantage Fund is managed by Sachin Relekar and Sumit Agrawal.

Fund House Contact

OneIndiaBulls Centre, 841, Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai - 400 013

022-66289999
investormf@idfc.com
022-24215052
www.idfcmf.com