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Bajaj Finserv Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (21-Nov-24)
₹10.93-0.34%1D
Returns (Since Inception)
9.29%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,334 Cr
Expense Ratio
0.55%
ISIN
INF0QA701656
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
15 Dec 2023
About this fund
Bajaj Finserv Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Bajaj Finserv Mutual Fund. This fund has been in existence for 11 months and 7 days, having been launched on 15-Dec-23.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹10.93, Assets Under Management (AUM) of 1334.16 Crores, and an expense ratio of 0.55%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹10.93, Assets Under Management (AUM) of 1334.16 Crores, and an expense ratio of 0.55%.
- Bajaj Finserv Balanced Advantage Fund Direct Growth has given a CAGR return of 9.29% since inception.
- The fund's asset allocation comprises around 71.58% in equities, 10.05% in debts, and 18.37% in cash & cash equivalents.
- You can start investing in Bajaj Finserv Balanced Advantage Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+9.29%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2024
| Equity | ₹954.94 Cr | 71.58% |
| Debt | ₹134.11 Cr | 10.05% |
| Others | ₹245.12 Cr | 18.37% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹137.29 Cr | 10.29% |
| HDFC Bank Ltd | Equity | ₹90.16 Cr | 6.76% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹73.22 Cr | 5.49% |
| Reliance Industries Ltd | Equity | ₹68.19 Cr | 5.11% |
| Tata Consultancy Services Ltd | Equity | ₹57.95 Cr | 4.34% |
| Nifty October 2024 Future | Equity Index - Future | ₹51.98 Cr | 3.90% |
| Infosys Ltd | Equity | ₹51.52 Cr | 3.86% |
| 07.18 Goi 14082033 | Bond - Gov't/Treasury | ₹51.37 Cr | 3.85% |
| ICICI Bank Ltd | Equity | ₹48.53 Cr | 3.64% |
| Hindustan Unilever Ltd | Equity | ₹47.28 Cr | 3.54% |
| Bharti Airtel Ltd | Equity | ₹30.6 Cr | 2.29% |
| Britannia Industries Ltd | Equity | ₹26.24 Cr | 1.97% |
| 7.10%Goi 08/04/2034 | Bond - Gov't/Treasury | ₹25.61 Cr | 1.92% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.72 Cr | 1.85% |
| Larsen & Toubro Ltd | Equity | ₹24.61 Cr | 1.84% |
| Kotak Mahindra Bank Ltd | Equity | ₹24.05 Cr | 1.80% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹22.17 Cr | 1.66% |
| Hindustan Petroleum Corp Ltd | Equity | ₹22.03 Cr | 1.65% |
| ITC Ltd | Equity | ₹21.63 Cr | 1.62% |
| Maruti Suzuki India Ltd | Equity | ₹20.88 Cr | 1.57% |
| United Breweries Ltd | Equity | ₹20.38 Cr | 1.53% |
| Alkem Laboratories Ltd | Equity | ₹20.32 Cr | 1.52% |
| Bajaj Auto Ltd | Equity | ₹19.94 Cr | 1.49% |
| Mahindra & Mahindra Ltd | Equity | ₹19.4 Cr | 1.45% |
| Tata Consumer Products Ltd | Equity | ₹18.73 Cr | 1.40% |
| Sanofi Consumer Healthcare India Ltd | Equity | ₹18.39 Cr | 1.38% |
| JSW Steel Ltd | Equity | ₹18.29 Cr | 1.37% |
| Grasim Industries Ltd | Equity | ₹18.25 Cr | 1.37% |
| Hindalco Industries Ltd | Equity | ₹17.85 Cr | 1.34% |
| UltraTech Cement Ltd | Equity | ₹17.53 Cr | 1.31% |
| State Bank of India | Equity | ₹16.99 Cr | 1.27% |
| SRF Ltd | Equity | ₹16.83 Cr | 1.26% |
| Axis Bank Ltd | Equity | ₹16.36 Cr | 1.23% |
| 7.30 Goi 19062053 | Bond - Gov't/Treasury | ₹15.76 Cr | 1.18% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹15.2 Cr | 1.14% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-14.94 Cr | 1.12% |
| Tata Motors Ltd | Equity | ₹14.34 Cr | 1.08% |
| Divi's Laboratories Ltd | Equity | ₹13.62 Cr | 1.02% |
| Bajaj Finserv Ltd | Equity | ₹13.58 Cr | 1.02% |
| Icici Bank Limited October 2024 Future | Equity - Future | ₹-13.47 Cr | 1.01% |
| Bharat Petroleum Corp Ltd | Equity | ₹13.23 Cr | 0.99% |
| Marico Ltd | Equity | ₹13.05 Cr | 0.98% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-13.03 Cr | 0.98% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-13.03 Cr | 0.98% |
| TVS Motor Co Ltd | Equity | ₹12.99 Cr | 0.97% |
| GE T&D India Ltd | Equity | ₹12.61 Cr | 0.94% |
| Dr Reddy's Laboratories Ltd | Equity | ₹12.58 Cr | 0.94% |
| Dabur India Ltd | Equity | ₹11.35 Cr | 0.85% |
| Future on JSW Steel Ltd | Equity - Future | ₹-11.19 Cr | 0.84% |
| Zomato Ltd | Equity | ₹11.09 Cr | 0.83% |
| Future on Tata Motors Ltd | Equity - Future | ₹-10.81 Cr | 0.81% |
| Nestle India Ltd | Equity | ₹10.66 Cr | 0.80% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-10.64 Cr | 0.80% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹10.56 Cr | 0.79% |
| 07.70 MH Sdl 2034 | Bond - Gov't/Treasury | ₹10.43 Cr | 0.78% |
| SBI Life Insurance Co Ltd | Equity | ₹10.1 Cr | 0.76% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹9.89 Cr | 0.74% |
| IndusInd Bank Ltd | Equity | ₹9.63 Cr | 0.72% |
| Tata Power Co Ltd | Equity | ₹9.49 Cr | 0.71% |
| Future on SRF Ltd | Equity - Future | ₹-9.44 Cr | 0.71% |
| Bajaj Finance Ltd | Equity | ₹9.24 Cr | 0.69% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹9.13 Cr | 0.68% |
| Procter & Gamble Hygiene and Health Care Ltd | Equity | ₹8.83 Cr | 0.66% |
| Future on United Breweries Ltd | Equity - Future | ₹-8.77 Cr | 0.66% |
| Asian Paints Ltd | Equity | ₹8.26 Cr | 0.62% |
| NTPC Ltd | Equity | ₹7.79 Cr | 0.58% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-7.28 Cr | 0.55% |
| Havells India Ltd | Equity | ₹6.91 Cr | 0.52% |
| Marico Limited October 2024 Future | Equity - Future | ₹-6.74 Cr | 0.50% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-6.55 Cr | 0.49% |
| 07.09 Goi 05082054 | Bond - Gov't/Treasury | ₹5.17 Cr | 0.39% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-4.67 Cr | 0.35% |
| Tech Mahindra Ltd | Equity | ₹4.64 Cr | 0.35% |
| Wipro Ltd | Equity | ₹4.52 Cr | 0.34% |
| Oil & Natural Gas Corp Ltd | Equity | ₹4.5 Cr | 0.34% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-4.23 Cr | 0.32% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹4.11 Cr | 0.31% |
| Cipla Ltd | Equity | ₹3.3 Cr | 0.25% |
| ABB India Ltd | Equity | ₹3.07 Cr | 0.23% |
Allocation By Market Cap (Equity)
Large Cap Stocks
59.95%
Mid Cap Stocks
6.92%
Small Cap Stocks
0.94%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹238.66 Cr | 17.89% |
| Consumer Defensive | ₹178.15 Cr | 13.35% |
| Technology | ₹118.62 Cr | 8.89% |
| Energy | ₹107.95 Cr | 8.09% |
| Consumer Cyclical | ₹98.65 Cr | 7.39% |
| Basic Materials | ₹97.01 Cr | 7.27% |
| Healthcare | ₹94.49 Cr | 7.08% |
| Industrials | ₹47.2 Cr | 3.54% |
| Communication Services | ₹39.72 Cr | 2.98% |
| Utilities | ₹17.28 Cr | 1.30% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.86%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.75
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.37
Higher the better
Fund Managers
Nimesh Chandan
Since December 2023
Siddharth Chaudhary
Since December 2023
Sorbh Gupta
Since December 2023
Additional Scheme Detailsas of 30th September 2024
ISIN INF0QA701656 | Expense Ratio 0.55% | Exit Load 1.00% | Fund Size ₹1,334 Cr | Age 11 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Composite Debt 50:50 |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1238.19 Cr | 11.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1238.19 Cr | 13.3% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1349.99 Cr | 31.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1349.99 Cr | 29.3% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2268.45 Cr | 17.9% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2268.45 Cr | 16.4% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹890.15 Cr | 19.7% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹890.15 Cr | 21.7% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1742.15 Cr | 17.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1742.15 Cr | 15.5% |
About the AMC
Bajaj Finserv Mutual Fund
Total AUM
₹12,812 Cr
Address
8th floor, E-Core,Solitaire Business Hub (formerly Marvel Edge), Viman Nagar 411014
Other Funds by Bajaj Finserv Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Bajaj Finserv Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1334.16 Cr | - |
| Bajaj Finserv Banking and PSU Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹120.19 Cr | 8.7% |
| Bajaj Finserv Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹699.73 Cr | 7.8% |
| Bajaj Finserv Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹299.53 Cr | 6.7% |
| Bajaj Finserv Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4829.62 Cr | 7.5% |
| Bajaj Finserv Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹2488.07 Cr | 7.8% |
| Bajaj Finserv Flexi Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3883.01 Cr | 32.6% |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Bajaj Finserv Balanced Advantage Fund Direct Growth?
The NAV of Bajaj Finserv Balanced Advantage Fund Direct Growth, as of 21-Nov-2024, is ₹10.93.
What is the portfolio composition of Bajaj Finserv Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 71.58% in equities, 10.05% in bonds, and 18.37% in cash and cash equivalents.
Who manages the Bajaj Finserv Balanced Advantage Fund Direct Growth?
The fund managers responsible for Bajaj Finserv Balanced Advantage Fund Direct Growth are:-
- Nimesh Chandan
- Siddharth Chaudhary
- Sorbh Gupta
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.