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4 star

IDFC Balanced Advantage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.41 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.48 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
Fund -0.87 -0.60 -1.78 1.00 -0.44 5.50 13.39 12.11 10.64 7.78 --
VR Balanced TRI 1.31 -0.69 -3.07 4.41 -2.48 11.69 19.35 16.64 15.63 11.11 --
Hybrid: Dynamic Asset Allocation 0.35 -0.55 -1.56 1.93 -0.61 5.81 13.74 11.51 9.62 8.31 --
Rank within category 28 18 22 26 12 13 13 9 4 9 --
Number of funds in category 29 30 30 29 27 26 25 19 13 11 6

As on 21-Jan-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
4 star
Oct-14 13.39 12.11 10.64 2.04% 2,945
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 14.15 12.93 11.47 1.68% 37,879
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Aug-18 11.37 12.98 -- 1.77% 12,750
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 16.04 16.74 14.18 1.80% 7,048
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 12.52 12.57 9.99 1.83% 6,569

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 12.59 13.36 0.66 0.68 0.68 -0.18
VR Balanced TRI 16.94 17.88 0.74 0.86 -- --
Hybrid: Dynamic Asset Allocation 11.52 12.24 0.64 0.70 0.63 -0.46
Rank within category 9 14 7 10 14 8
Number of funds in category 19 19 19 19 19 19

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

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 49
Top 10 Holdings (%) 39.20
Top 5 Holdings (%) 24.54
Top 3 Sectors (%) 25.12
Portfolio P/B Ratio 5.57
Portfolio P/E Ratio 38.89
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
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 7.07 5.90
equal Axis Bank 17/06/2022 Certificate of Deposit A1+ 0.00 - 3.48 3.33
new 8.35% GOI 2022 GOI Securities SOV 0.00 - 2.76 2.76
equal 5.22% GOI 15/06/2025 GOI Securities SOV 2.02 - 5.83 2.02
new Reserve Bank of India 364-D 03/03/2022 Treasury Bills SOV 0.00 - 1.69 1.69
new Bank of Baroda 18/04/2022 Certificate of Deposit A1+ 0.00 - 1.68 1.68
equal HDFC 354-D 10/06/2022 Commercial Paper A1+ 0.00 - 1.87 1.67
new Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 1.67 1.67
equal 7.17% GOI 2028 GOI Securities SOV 1.63 - 3.40 1.63
equal Reserve Bank of India 364-D 20/01/2022 Treasury Bills SOV 0.00 - 1.24 1.19
equal 6.75% Power Finance Corporation 22/05/2023 Debenture AAA 0.87 - 1.78 0.87
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.69 - 1.42 0.69
equal 7.03% REC 2022 Non Convertible Debenture AAA 0.52 - 1.07 0.52
equal Reserve Bank of India 364-D 24/02/2022 Treasury Bills SOV 0.00 - 0.53 0.51
equal Reserve Bank of India 182-D Treasury Bills SOV 0.00 - 0.18 0.17
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 0.01 - 0.02 0.01
equal Others Margin Money -- - 0.00

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
up Infosys Technology 34.94 6.28 2.00 5.50
equal ICICI Bank Financial 26.33 6.34 3.47 5.45
up Reliance Industries Energy 29.04 6.46 3.72 4.36
equal Tech Mahindra Technology 30.44 3.16 1.32 3.16
equal Bajaj Finance Financial 74.73 3.66 0.00 2.94
up Bharti Airtel Communication 134.97 4.67 0.00 2.92
equal HDFC Bank Financial 23.39 6.53 2.59 2.88
up Apollo Hospitals Healthcare 65.14 2.92 0.00 2.67
equal Divi's Laboratories Healthcare 51.93 3.39 0.00 2.53
up Hindustan Unilever FMCG 62.28 2.68 0.00 2.15
up Ultratech Cement Construction 32.70 1.98 0.00 1.98
equal Bajaj Finserv Financial 62.04 2.30 0.87 1.85
equal Coforge Technology 60.15 1.72 0.00 1.55
equal L&T Infotech Technology 50.84 1.46 0.00 1.46
equal Minda Industries Automobile 89.30 1.41 0.00 1.41
equal Godrej Consumer Products FMCG 51.89 1.66 0.00 1.38
up HDFC Financial 22.57 3.65 0.00 1.33
equal Muthoot Finance Financial 14.34 2.95 0.00 1.23
equal Cholamandalam Investment & Finance Company Financial 33.68 1.47 0.00 1.16
up Tata Consultancy Services Technology 37.68 3.86 0.00 1.06
equal Avenue Supermarts Services 188.32 1.65 0.00 1.03
equal Wipro Technology 27.38 1.63 0.00 1.01
equal Zomato Services -- 1.23 0.00 0.99
up JK Cement Construction 33.64 1.43 0.00 0.99
equal SRF Diversified 49.57 0.97 0.00 0.97

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-Dec-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:


-0.60%

Change from previous, NAV as on 21-Jan-2022

Growth: ₹ 18.2100

IDCW: ₹ 13.3900


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: 8.57%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,945 Cr (As on 31-Dec-2021)
Expense: 2.04% (As on 31-Dec-2021)
Risk Grade: Average
Return Grade: Above Average
Turnover: 22.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW24-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
 28-Sep-20150.1000
 24-Sep-20150.1000

Contact Information

AMC: IDFC Asset Management Company Limited

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

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

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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