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3 star

IDFC Balanced Advantage Fund - Regular Plan download report


1 Lakh

Investment Grown to
₹ 1.38 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.21 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: 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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(₹)
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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
IDFC Balanced Advantage Reg-G -1.00 0.41 1.34 6.92 7.55 1.95 2.69 11.42 8.36 7.69 --
VR Balanced TRI 4.13 1.28 2.16 10.65 9.98 4.19 8.67 16.71 12.74 11.72 --
Hybrid: Dynamic Asset Allocation 2.72 0.41 1.55 6.33 6.59 3.64 6.21 12.33 8.01 8.45 --
Rank within category 25 13 21 10 7 26 23 13 7 8 --
Number of funds in category 28 30 29 29 29 29 25 22 14 11 6

As on 17-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Balanced Advantage Fund - Regular Plan  | Invest Online
3 star
Oct-14 2.69 11.42 8.36 1.94 3,016
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 9.27 13.66 10.20 1.62 41,742
ICICI Prudential Asset Allocator (FOF) Fund  | Invest Now
4 star
Dec-03 7.74 13.65 10.83 1.49 16,869
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 5.15 16.11 11.25 1.78 8,458
Tata Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Jan-19 6.85 13.72 -- 1.83 5,466

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
IDFC Balanced Advantage Reg-G 10.95 13.97 0.53 0.57 0.70 -1.12
VR Balanced TRI 15.74 18.34 0.67 0.80 -- --
Hybrid: Dynamic Asset Allocation 11.54 12.45 0.66 0.81 0.62 0.43
Rank within category 13 18 17 19 16 19
Number of funds in category 22 22 22 22 22 22

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

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 46
Top 10 Holdings (%) 47.32
Top 5 Holdings (%) 31.65
Top 3 Sectors (%) 31.95
Portfolio P/B Ratio 4.62
Portfolio P/E Ratio 32.25
Avg Credit Rating AAA

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
up 5.63% GOI 2026 GOI Securities SOV 5.90 - 9.86 9.86
up Reserve Bank of India 182-D 15/12/2022 Treasury Bills SOV 0.00 - 3.57 3.57
equal Reserve Bank of India 182-D 25/08/2022 Treasury Bills SOV 0.00 - 2.70 2.57
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.55 2.43
equal 5.22% GOI 15/06/2025 GOI Securities SOV 1.91 - 2.42 1.91
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 1.75 1.66
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 1.75 1.66
equal HDFC Bank 17/08/2022 Certificate of Deposit A1+ 0.00 - 1.73 1.65
equal 6.75% Power Finance Corporation 22/05/2023 Debenture AAA 0.83 - 1.05 0.83
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 0.85 0.82
new Reserve Bank of India 182-D 22/12/2022 Treasury Bills SOV 0.00 - 0.81 0.81
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.66 - 0.84 0.66
equal 7.03% REC 2022 Non Convertible Debenture AAA 0.50 - 0.62 0.50
down 7.17% GOI 2028 GOI Securities SOV 0.37 - 1.97 0.37
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 0.01 - 0.01 0.01
equal Others Margin Money -- - 0.01

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new 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
equal ICICI Bank Financial 22.21 7.17 3.47 7.17
equal Infosys Technology 29.90 6.28 2.01 5.31
equal Reliance Industries Energy 27.12 6.46 3.72 4.72
equal Bajaj Finance Financial 52.60 4.59 0.00 4.59
equal HDFC Bank Financial 21.15 6.53 2.59 3.91
equal Bharti Airtel Communication 78.28 4.67 0.00 3.05
equal Hindustan Unilever Consumer Staples 68.75 2.68 0.00 2.57
equal Divi's Laboratories Healthcare 32.01 3.39 0.85 2.52
equal Avenue Supermarts Services 141.67 2.04 0.00 2.04
equal Mahindra & Mahindra Automobile 18.78 1.89 0.00 1.89
equal State Bank of India Financial 13.45 3.97 0.00 1.80
equal Cholamandalam Investment & Finance Company Financial 26.97 1.88 0.00 1.78
equal Bajaj Finserv Financial 53.30 2.30 0.87 1.66
equal HDFC Financial 19.82 1.68 0.00 1.56
equal Ultratech Cement Materials 26.81 1.98 1.03 1.38
equal United Spirits Consumer Staples 56.56 1.41 0.00 1.32
equal Mphasis Technology 30.43 1.61 0.00 1.29
equal ABB India Ltd. Capital Goods 73.72 1.26 0.00 1.26
equal Godrej Consumer Products Consumer Staples 54.74 1.66 0.00 1.19
equal SRF Diversified 35.55 1.27 0.00 1.17
equal Titan Company Consumer Discretionary 74.94 1.59 0.00 1.11
up UNO Minda Automobile 66.51 1.41 0.03 1.07
equal Tata Motors Automobile -- 1.05 0.00 1.05
equal Bata India Consumer Discretionary 84.65 1.01 0.00 0.95
down Apollo Hospitals Healthcare 69.51 2.92 0.00 0.92

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

As on 31-Jul-2022

Fund Manager

— Sachin Relekar since 01-Mar-2022

Education: Mr. Relekar is an MMS(Finance) from Jamnalal Bajaj Institute of Management Studies Mumbai and B.E (Mechanical) from K.E.S. College of Engineering Islampur.

Experience: Prior to joining IDFC AMC he has worked with LIC Mutual Fund, Tata AMC, CD Equity Search, Innovision Consulting and Tech Pacific India.

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:

— Brijesh Shah since 16-Jul-2022

Education: Mr. Shah is a Post Graduate Diploma in Finance.

Experience: Prior to joining IDFC Mutual Fund he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.

Funds Managed:


0.41%

Change from previous, NAV as on 17-Aug-2022

Growth: ₹ 18.1870

IDCW: ₹ 13.1040


Investment Strategy

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.

Investment Details

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

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 10-Oct-2014
Return Since Launch: 7.91%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 3,016 Cr (As on 31-Jul-2022)
Expense Ratio: 1.94% (As on 31-Jul-2022)
Risk Grade: Average
Return Grade: Average
Turnover: 19.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW29-Jun-20220.1200

 25-Mar-20220.1300
 24-Dec-20210.1300
 23-Sep-20210.1400
 29-Jun-20210.1300
 22-Mar-20210.1300
 18-Dec-20200.1200
 15-Jun-20200.1000
 28-Jan-20200.1500
 23-Oct-20190.1400
 24-Jul-20190.0600
 22-Apr-20190.1000
 15-Jan-20190.1400
 25-Oct-20180.0500
 23-Jul-20180.1472
 20-Apr-20180.1472
 19-Jan-20180.1977
 11-Oct-20170.1900
 14-Jul-20170.1900
 28-Apr-20170.2100
 23-Jan-20170.1725
 27-Oct-20160.1800
 28-Jul-20160.1800
 25-May-20160.1000
 13-Jan-20160.0900

Contact Information

AMC: IDFC Asset Management Company Limited

Address: No. 27, Ground Floor Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Fax: 24215052 / 24215051

Website: http://www.idfcmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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