IDFC Balanced Advantage Fund - Regular Plan

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Hybrid: Dynamic Asset Allocation

Analysts' Choice?

1 Lakh

Investment Grown to

₹ 1.30 Lakh

₹ 10000

Monthly SIP Grown to

₹ 4.41 Lakh

Suitability:

When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
No tax is to be paid as long as you continue to hold the units.

Dividends

Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns

Quarterly Returns

Monthly Returns

Weekly Returns

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Amount (₹)

Start date

End date

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Trailing Returns (%)

	YTD	1-Day	1-W	1-M	3-M	6-M	1-Y	3-Y	5-Y	7-Y	10-Y
Fund	6.67	-0.29	-0.35	1.98	3.86	7.41	21.58	9.20	9.32	--	--
VR Balanced TRI	11.65	0.14	-0.52	3.74	6.63	15.31	45.32	13.59	13.96	--	--
Hybrid: Dynamic Asset Allocation	7.77	-0.19	-0.29	2.19	4.35	9.16	25.32	8.85	9.05	--	--
Rank within category	13	25	17	13	14	13	15	8	6	--	--
Number of funds in category	24	25	25	25	25	24	24	16	11	8	6

As on 23-Jun-2021

Peer Comparison

Fund name	Launch Date	1-Year Return	3-Year Return	5-Year Return	Expense Ratio	Assets (Cr)
IDFC Balanced Advantage Fund - Regular Plan	Oct-14	21.58	9.20	9.32	2.12	1,953
ICICI Prudential Balanced Advantage Fund \| Invest Now	Dec-06	29.06	11.25	11.17	1.68	32,188
Edelweiss Balanced Advantage Fund - Regular Plan \| Invest Online	Aug-09	32.28	13.25	12.40	1.92	3,881
Aditya Birla Sun Life Balanced Advantage Fund \| Invest Online	Apr-00	29.64	11.52	11.45	2.03	3,601
DSP Dynamic Asset Allocation Fund - Regular Plan \| Invest Online	Feb-14	18.68	10.25	9.45	2.05	3,562

Best & Worst Performance

	Best Performance		Worst Performance
	Return (%)	Period	Return (%)	Period
Week	7.84	01-Apr-2020 - 09-Apr-2020	-14.15	16-Mar-2020 - 23-Mar-2020
Month	17.59	23-Mar-2020 - 22-Apr-2020	-25.97	20-Feb-2020 - 23-Mar-2020
Quarter	27.26	23-Mar-2020 - 22-Jun-2020	-22.92	23-Dec-2019 - 23-Mar-2020
Year	50.37	23-Mar-2020 - 23-Mar-2021	-17.29	22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

	Mean	Std Dev	Sharpe	Sortino	Beta	Alpha
Fund	9.44	13.82	0.37	0.38	0.71	-2.04
VR Balanced TRI	14.39	18.22	0.55	0.64	--	--
Hybrid: Dynamic Asset Allocation	8.81	12.36	0.35	0.41	0.62	-1.78
Rank within category	8	13	9	9	13	10
Number of funds in category	17	17	17	17	17	17

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks	48
Top 10 Holdings (%)	38.61
Top 5 Holdings (%)	23.63
Top 3 Sectors (%)	21.30
Portfolio P/B Ratio	4.52
Portfolio P/E Ratio	33.35
Avg Credit Rating	GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company	Instrument	Credit Rating	1Y Range	% Assets
Reserve Bank of India 364-D 24/06/2021	Treasury Bills	SOV	0.00 - 4.24	3.83
5.22% GOI 15/06/2025	GOI Securities	SOV	0.00 - 4.61	2.55
Reserve Bank of India 91-D 26/08/2021	Treasury Bills	SOV	0.00 - 2.54	2.54
7.17% GOI 2028	GOI Securities	SOV	0.00 - 5.03	2.48
7.27% GOI 2026	GOI Securities	SOV	0.00 - 2.10	1.90
Reserve Bank of India 182-D 24/06/2021	Treasury Bills	SOV	0.00 - 1.63	1.53
Reserve Bank of India 182-D 14/10/2021	Treasury Bills	SOV	0.00 - 1.52	1.52
6.75% Power Finance Corporation 22/05/2023	Debenture	AAA	1.33 - 2.95	1.33
Reserve Bank of India 182-D 22/07/2021	Treasury Bills	SOV	0.00 - 1.35	1.27
5.15% GOI 2025	GOI Securities	SOV	0.00 - 1.50	1.27
LIC Housing Fin. 355-D 14/12/2021	Commercial Paper	A1+	0.00 - 1.82	1.25
HDFC 360-D 24/12/2021	Commercial Paper	A1+	0.00 - 1.82	1.25
6.40% National Bank Agr. Rur. Devp 31/07/2023	Non Convertible Debenture	AAA	0.00 - 2.03	1.06
Reserve Bank of India 364-D 29/07/2021	Treasury Bills	SOV	0.00 - 1.08	1.02
Reserve Bank of India 182-D 19/08/2021	Treasury Bills	SOV	0.00 - 1.02	1.02
Reserve Bank of India 182-D 21/10/2021	Treasury Bills	SOV	0.00 - 1.01	1.01
7.03% REC 2022	Non Convertible Debenture	AAA	0.79 - 1.78	0.79
Reserve Bank of India 26/08/2021	Treasury Bills	SOV	0.00 - 0.76	0.76
Reserve Bank of India 364-D 03/06/2021	Treasury Bills	SOV	0.00 - 0.57	0.51
Reserve Bank of India 364-D 23/09/2021	Treasury Bills	SOV	0.00 - 0.51	0.51
8.49% NTPC 25/03/2025	Bonds/NCDs	AAA	0.01 - 0.03	0.01
Others	Margin Money	--	-	0.01

Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company	Sector	P/E	3Y High	3Y Low	% Assets
Infosys	Technology	33.09	6.28	2.00	5.68
ICICI Bank	Financial	23.52	6.01	1.26	5.60
Reliance Industries	Energy	30.35	6.46	1.82	4.99
Tata Consultancy Services	Technology	37.21	3.86	0.58	3.53
Bharti Airtel	Communication	--	4.67	0.00	3.51
HDFC Bank	Financial	25.77	6.53	2.59	3.33
Divi's Laboratories	Healthcare	56.52	2.91	0.00	2.91
Hindustan Unilever	FMCG	72.87	2.68	0.00	2.68
Tech Mahindra	Technology	23.11	2.42	0.00	2.35
Bajaj Finance	Financial	82.15	1.69	0.00	1.64
Ultratech Cement	Construction	36.48	1.65	0.00	1.59
Bajaj Finserv	Financial	43.72	1.74	0.87	1.56
Larsen & Toubro	Construction	17.94	2.95	1.34	1.46
Muthoot Finance	Financial	15.60	2.95	0.00	1.44
Coforge	Technology	52.35	1.33	0.00	1.33
HDFC Life Insurance	Financial	106.62	1.62	0.00	1.18
Axis Bank	Financial	31.20	4.05	0.00	1.13
Nestle India	FMCG	77.72	2.65	1.11	1.13
Cholamandalam Investment & Finance Company	Financial	28.92	1.28	0.00	1.13
JK Cement	Construction	30.66	1.43	0.00	1.09
Dr. Reddy's Lab	Healthcare	45.17	1.02	0.00	1.02
State Bank of India	Financial	16.69	4.28	0.00	0.98
Minda Industries	Automobile	86.04	1.08	0.00	0.96
Wipro	Technology	27.42	1.63	0.00	0.94
Godrej Consumer Products	FMCG	52.33	0.88	0.00	0.88

Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Arpit Kapoor since 01-Mar-2017

Education: Mr. Kapoor is a B.Tech. from Uttar Pradesh Technical University and PGDM from IIM Kozhikode

Experience: Prior to joining IDFC Mutual Fund he has considerable experience in Equity markets while working with UTI Mutual Fund.

Funds Managed:

— Sumit Agrawal since 01-Mar-2017

Education: Mr.Agrawal is a B.Com, ACS, CFA (USA)and PGDM (Finance).

Experience: Prior to joining IDFC AMC he was associated with Mirae Asset Mutual Fund (Nov 2010-Sep 2016) as Fund Manager-Equities, Axis Capital (erstwhile ENAM Securities) (Feb 2008-Nov 2010) as VP-Research Analyst and JP Morgan India Services Pvt. Ltd. (Jun 2006-Feb 2008) as TL-Investment Banking.

Funds Managed:

— Arvind Subramanian since 09-Nov-2015

Education: Mr. Subramanian is a B.E (Electrical & Electronics Engineering ) and MBA ( Post Graduate Diploma in Management).

Experience: Prior to joining IDFC AMC he worked as a Senior Analyst at ICRA Limited ( Apr. 2009 - Aug. 2011

Funds Managed:

IDFC Credit Risk Fund - Regular Plan - since Feb 2017
IDFC Floating Rate Fund - Regular Plan - since Feb 2021

-0.29%

Change from previous, NAV as on 23-Jun-2021

Growth: ₹ 16.9600

IDCW: ₹ 12.8500

The scheme seeks 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.

Minimum Investment (₹)	5,000
Minimum Addl Investment (₹)	1,000
Minimum SIP Investment (₹)	100
Minimum No of Cheques	6
Minimum Withdrawal (₹)	500
Minimum Balance (₹)	1

Lock-in Period	Not Applicable
Exit Load	For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Fund House:	IDFC Mutual Fund
Launch Date:	10-Oct-2014
Return Since Launch:	8.20%
Benchmark:	S&P BSE 200 TRI (50), Nifty AAA Short Duration Bond (50)
Riskometer:	Moderately High
Type:	Open-ended
Assets:	₹ 1,953 Cr (As on 31-May-2021)
Expense:	2.12% (As on 31-May-2021)
Risk Grade:	Average
Return Grade:	Average
Turnover:	31.00%

Plan

Record Date

Dividend (₹ / Unit)

IDCW

22-Mar-2021

0.1300

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	18-Dec-2020	0.1200
	15-Jun-2020	0.1000
	28-Jan-2020	0.1500
	23-Oct-2019	0.1400
	24-Jul-2019	0.0600
	22-Apr-2019	0.1000
	15-Jan-2019	0.1400
	25-Oct-2018	0.0500
	23-Jul-2018	0.1472
	20-Apr-2018	0.1472
	19-Jan-2018	0.1977
	11-Oct-2017	0.1900
	14-Jul-2017	0.1900
	28-Apr-2017	0.2100
	23-Jan-2017	0.1725
	27-Oct-2016	0.1800
	28-Jul-2016	0.1800
	25-May-2016	0.1000
	13-Jan-2016	0.0900
	28-Sep-2015	0.1000
	24-Sep-2015	0.1000

Fund News - 30-Apr-2021

Name Change of IDFC Dynamic Equity Fund
Fund News - 11-Nov-2019

Benchmark change in schemes of IDFC Mutual Fund
Fund News - 19-Jul-2019

Dividend Announced in IDFC Dynamic Equity Fund
Fund News - 23-Jan-2019

Change in Minimum Investment Amount for SIP in Schemes of IDFC Mutual Fund
Fund News - 10-Jan-2019

Rs.0.14 per unit dividend declared in IDFC Dynamic Equity Fund

IDFC Balanced Advantage Fund - Regular Plan

Analysts' Choice?

Know more >

₹ 1.22 Lakh

₹ 1.30 Lakh

₹ 1.56 Lakh

₹ 1.32 Lakh

₹ 4.41 Lakh

₹ 7.86 Lakh

Trailing Returns (%)

Peer Comparison

Best & Worst Performance

Risk Measures (%)

Asset Allocation (%)

Concentration & Valuation

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

Top Debt Holdings

Sector Allocation vis-à-vis Category

Top Equity Holdings

Fund Manager

-0.29%

Investment Strategy

Investment Details

Basic Details

Most Recent Dividends

News & Analysis

Contact Information

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