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Fund Overview

Fund Size

Fund Size

₹2,268 Cr

Expense Ratio

Expense Ratio

0.74%

ISIN

ISIN

INF194KA1UH1

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

10 Oct 2014

About this fund

Bandhan Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 10 years, 1 months and 12 days, having been launched on 10-Oct-14.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹26.55, Assets Under Management (AUM) of 2268.45 Crores, and an expense ratio of 0.74%.
  • Bandhan Balanced Advantage Fund Direct Growth has given a CAGR return of 10.13% since inception.
  • The fund's asset allocation comprises around 43.76% in equities, 16.29% in debts, and 39.94% in cash & cash equivalents.
  • You can start investing in Bandhan Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

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.

1 Year

+17.95%

+18.62% (Cat Avg.)

3 Years

+9.36%

+11.19% (Cat Avg.)

5 Years

+12.22%

+12.80% (Cat Avg.)

10 Years

+9.72%

+9.65% (Cat Avg.)

Since Inception

+10.13%

(Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity992.76 Cr43.76%
Debt369.56 Cr16.29%
Others906.13 Cr39.94%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset876.25 Cr38.63%
7.18% Govt Stock 2033Bond - Gov't/Treasury135.79 Cr5.99%
Infosys LtdEquity113.21 Cr4.99%
HDFC Bank LtdEquity109.1 Cr4.81%
7.3% Govt Stock 2053Bond - Gov't/Treasury107.13 Cr4.72%
Bajaj Finance LtdEquity105.25 Cr4.64%
State Bank of IndiaEquity81.93 Cr3.61%
Future on Bajaj Finance LtdEquity - Future-80.77 Cr3.56%
Infosys Limited November 2024 FutureEquity - Future-79.35 Cr3.50%
Hdfc Bank Limited November 2024 FutureEquity - Future-78.25 Cr3.45%
ICICI Bank LtdEquity74.24 Cr3.27%
Reliance Industries LtdEquity72.67 Cr3.20%
Bharti Airtel LtdEquity61.65 Cr2.72%
Future on Cholamandalam Investment and Finance Co LtdEquity - Future-60.48 Cr2.67%
Cholamandalam Investment and Finance Co LtdEquity59.98 Cr2.64%
Future on State Bank of IndiaEquity - Future-56.38 Cr2.49%
Tata Consultancy Services LtdEquity53.57 Cr2.36%
Future on Bharti Airtel LtdEquity - Future-51.36 Cr2.26%
Mahindra & Mahindra LtdEquity47.89 Cr2.11%
Sun Pharmaceuticals Industries LtdEquity46.39 Cr2.04%
Larsen & Toubro LtdEquity43.11 Cr1.90%
Tata Motors LtdEquity39.75 Cr1.75%
Future on Mahindra & Mahindra LtdEquity - Future-39.47 Cr1.74%
Future on Tata Consultancy Services LtdEquity - Future-37.39 Cr1.65%
Tech Mahindra LtdEquity36.47 Cr1.61%
Future on United Spirits LtdEquity - Future-33.64 Cr1.48%
United Spirits LtdEquity33.47 Cr1.48%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-32.88 Cr1.45%
Future on HDFC Life Insurance Co LtdEquity - Future-32.5 Cr1.43%
HDFC Life Insurance Co LtdEquity32.32 Cr1.42%
Future on Tata Motors LtdEquity - Future-31.87 Cr1.40%
Future on Godrej Consumer Products LtdEquity - Future-31.79 Cr1.40%
Godrej Consumer Products LtdEquity31.57 Cr1.39%
Future on Kotak Mahindra Bank LtdEquity - Future-31.04 Cr1.37%
Kotak Mahindra Bank LtdEquity30.81 Cr1.36%
7.18% Govt Stock 2037Bond - Gov't/Treasury30.74 Cr1.36%
Zomato LtdEquity30.63 Cr1.35%
Tata Motors Finance LimitedBond - Corporate Bond29.9 Cr1.32%
Info Edge (India) LtdEquity28.28 Cr1.25%
Hindustan Unilever LtdEquity27.68 Cr1.22%
Future on Hindustan Unilever LtdEquity - Future-27.56 Cr1.22%
ITC LtdEquity27.12 Cr1.20%
Vedanta LtdEquity27.1 Cr1.19%
Future on Reliance Industries LtdEquity - Future-24.03 Cr1.06%
One97 Communications LtdEquity23.17 Cr1.02%
Lupin LtdEquity22.62 Cr1.00%
Aster DM Healthcare Ltd Ordinary SharesEquity22.49 Cr0.99%
Axis Bank LtdEquity22.44 Cr0.99%
Varun Beverages LtdEquity21.05 Cr0.93%
Rainbow Childrens Medicare LtdEquity20.85 Cr0.92%
Glenmark Pharmaceuticals LtdEquity19.96 Cr0.88%
Tata Projects LimitedBond - Corporate Bond19.95 Cr0.88%
Future on Larsen & Toubro LtdEquity - Future-19.69 Cr0.87%
Future on JSW Steel LtdEquity - Future-19.36 Cr0.85%
JSW Steel LtdEquity19.25 Cr0.85%
ISGEC Heavy Engineering LtdEquity17.84 Cr0.79%
Apar Industries LtdEquity17.42 Cr0.77%
Cholamandalam Financial Holdings LtdEquity17.39 Cr0.77%
Bharti Airtel Ltd (Partly Paid Rs.1.25)Equity16.48 Cr0.73%
NTPC LtdEquity16.33 Cr0.72%
Future on Tech Mahindra LtdEquity - Future-16.14 Cr0.71%
Muthoot Finance LimitedBond - Corporate Bond15.08 Cr0.66%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond14.91 Cr0.66%
Titan Company Limited November 2024 FutureEquity - Future-14.66 Cr0.65%
Titan Co LtdEquity14.58 Cr0.64%
Trent LtdEquity14.53 Cr0.64%
Ambuja Cements LtdEquity14.51 Cr0.64%
Prudent Corporate Advisory Services LtdEquity14.14 Cr0.62%
Bajaj Auto LtdEquity13.83 Cr0.61%
Sobha LtdEquity13.8 Cr0.61%
Sona BLW Precision Forgings LtdEquity13.8 Cr0.61%
NLC India LtdEquity13.7 Cr0.60%
Bharat Electronics LtdEquity13.31 Cr0.59%
Signatureglobal (India) LtdEquity13.3 Cr0.59%
REC LtdEquity13.07 Cr0.58%
Vedant Fashions LtdEquity12.57 Cr0.55%
Hitachi Energy India Ltd Ordinary SharesEquity12.53 Cr0.55%
Itc Limited November 2024 FutureEquity - Future-12.25 Cr0.54%
GAIL (India) LtdEquity12 Cr0.53%
InterGlobe Aviation LtdEquity11.79 Cr0.52%
IndusInd Bank LtdEquity11.49 Cr0.51%
Aurobindo Pharma LtdEquity11.17 Cr0.49%
Future on PI Industries LtdEquity - Future-10.84 Cr0.48%
PI Industries LtdEquity10.77 Cr0.47%
Future on Maruti Suzuki India LtdEquity - Future-10.59 Cr0.47%
Maruti Suzuki India LtdEquity10.52 Cr0.46%
Net Current AssetsCash10.51 Cr0.46%
Axis Bank LimitedCash9.83 Cr0.43%
Power Grid Corp Of India LtdEquity9.62 Cr0.42%
Triparty Repo Trp_041124Cash - Repurchase Agreement9.5 Cr0.42%
Bharat Heavy Electricals LtdEquity9.3 Cr0.41%
Indus Towers Limited November 2024 FutureEquity - Future-8.75 Cr0.39%
Indus Towers Ltd Ordinary SharesEquity8.68 Cr0.38%
Devyani International LtdEquity8.48 Cr0.37%
UNO Minda LtdEquity8.43 Cr0.37%
Praj Industries LtdEquity8.37 Cr0.37%
Medplus Health Services LtdEquity8.04 Cr0.35%
Future on Mphasis LtdEquity - Future-7.95 Cr0.35%
Mphasis LtdEquity7.92 Cr0.35%
Angel One Ltd Ordinary SharesEquity6.88 Cr0.30%
Electronics Mart India LtdEquity6.84 Cr0.30%
Oil & Natural Gas Corp LtdEquity6.65 Cr0.29%
Samvardhana Motherson International LtdEquity6.5 Cr0.29%
LTIMindtree LtdEquity6.48 Cr0.29%
Syngene International LtdEquity6.45 Cr0.28%
Future on Lupin LtdEquity - Future-6.37 Cr0.28%
Future on SRF LtdEquity - Future-6.18 Cr0.27%
SRF LtdEquity6.14 Cr0.27%
Baazar Style Retail LtdEquity6.13 Cr0.27%
Container Corporation of India LtdEquity5.93 Cr0.26%
6.54% Govt Stock 2032Bond - Gov't/Treasury5.9 Cr0.26%
Au Small Finance Bank LimitedBond - Corporate Bond5.06 Cr0.22%
Century Textiles And Industried LimitedBond - Corporate Bond5 Cr0.22%
Future on UltraTech Cement LtdEquity - Future-4.9 Cr0.22%
UltraTech Cement LtdEquity4.87 Cr0.21%
Future on DLF LtdEquity - Future-4.77 Cr0.21%
DLF LtdEquity4.73 Cr0.21%
Acc Limited November 2024 FutureEquity - Future-4.21 Cr0.19%
ACC LtdEquity4.18 Cr0.18%
Tilaknagar Industries LtdEquity3.15 Cr0.14%
Mrs Bectors Food Specialities Ltd Ordinary SharesEquity2.46 Cr0.11%
Zee Entertainment Enterprises LtdEquity2.38 Cr0.10%
PCBL Chemical LtdEquity2.19 Cr0.10%
Divi's Laboratories LtdEquity0.9 Cr0.04%
Future on Divi's Laboratories LtdEquity - Future-0.83 Cr0.04%
Sobha Ltd Ordinary Shares (Partly Paid Rs.5)Equity0.41 Cr0.02%
Ntpc LimitedBond - Corporate Bond0.1 Cr0.00%
Cash Margin - CcilCash - Repurchase Agreement0.03 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

46.98%

Mid Cap Stocks

6.25%

Small Cap Stocks

3.26%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services579.03 Cr25.53%
Technology253.35 Cr11.17%
Consumer Cyclical234.49 Cr10.34%
Healthcare158.87 Cr7.00%
Consumer Defensive146.51 Cr6.46%
Industrials127.06 Cr5.60%
Communication Services117.47 Cr5.18%
Basic Materials89.01 Cr3.92%
Energy79.32 Cr3.50%
Utilities51.65 Cr2.28%
Real Estate32.25 Cr1.42%

Risk & Performance Ratios

Standard Deviation

This fund

7.11%

Cat. avg.

7.86%

Lower the better

Sharpe Ratio

This fund

0.59

Cat. avg.

0.75

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.37

Higher the better

Fund Managers

Manish Gunwani

Manish Gunwani

Since January 2024

BS

Brijesh Shah

Since July 2022

PP

Prateek Poddar

Since June 2024

RB

Ritika Behera

Since October 2023

GS

Gaurav Satra

Since June 2024

Additional Scheme Detailsas of 31st October 2024

ISIN
INF194KA1UH1
Expense Ratio
0.74%
Exit Load
1.00%
Fund Size
₹2,268 Cr
Age
10 years 1 month
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 50 TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1238.19 Cr11.9%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1238.19 Cr13.3%
Quant Dynamic Asset Allocation Fund Direct Growth

High Risk

0.7%1.0%₹1349.99 Cr31.2%
Quant Dynamic Asset Allocation Fund Regular Growth

High Risk

2.1%1.0%₹1349.99 Cr29.3%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹2268.45 Cr17.9%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

2.0%1.0%₹2268.45 Cr16.4%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹890.15 Cr19.7%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.5%1.0%₹890.15 Cr21.7%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1742.15 Cr17.1%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1742.15 Cr15.5%

About the AMC

Bandhan Mutual Fund

Bandhan Mutual Fund

Total AUM

₹1,57,157 Cr

Address

6th Floor, 841, One World Center, Mumbai, 400013

Other Funds by Bandhan Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%0.0%₹1778.43 Cr-
Bandhan Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹43.66 Cr-
Bandhan Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹296.21 Cr36.1%
Bandhan Retirement Fund Direct Growth

Very High Risk

0.7%0.0%₹172.89 Cr19.0%
Bandhan Nifty IT Index Fund Direct Growth

Very High Risk

0.4%0.0%₹24.39 Cr33.2%
Bandhan Interval Fund - Series 17 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 197 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 179 Direct Growth

Moderate Risk

-0.0%₹286.43 Cr9.3%
Bandhan Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1145.63 Cr6.7%
Bandhan Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹13348.48 Cr7.5%
Bandhan Core Equity Fund Direct Growth

Very High Risk

0.6%1.0%₹6916.82 Cr37.5%
Bandhan Dynamic Bond Fund Direct Growth

Moderate Risk

0.7%0.0%₹3048.03 Cr11.5%
Bandhan Large Cap Fund Direct Growth

Very High Risk

0.9%0.0%₹1697.45 Cr30.5%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth

High Risk

0.5%1.0%₹18.99 Cr22.5%
Bandhan Government Securities Fund Investment Plan Direct Growth

Moderate Risk

0.5%0.0%₹3206.45 Cr11.8%
Bandhan Focused Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹1745.59 Cr37.2%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth

Moderate Risk

0.3%0.0%₹343.73 Cr10.3%
Bandhan Infrastructure Fund Direct Growth

Very High Risk

0.8%0.0%₹1776.78 Cr47.5%
Bandhan Regular Savings Fund Direct Growth

Moderately High risk

1.0%0.0%₹119.55 Cr11.2%
Bandhan Bond Fund - Medium Term Plan Direct Growth

Moderate Risk

0.6%0.0%₹1492.28 Cr8.8%
Bandhan Bond Fund - Income Plan Direct Growth

Moderate Risk

1.3%1.0%₹482.13 Cr9.2%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹11051.28 Cr7.8%
Bandhan Bond Fund - Short Term Plan Direct Growth

Moderate Risk

0.3%0.0%₹9724.53 Cr8.6%
Bandhan Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹1564.74 Cr19.0%
Bandhan Sterling Value Fund Direct Growth

Very High Risk

0.7%1.0%₹10035.78 Cr28.2%
Bandhan Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹7334.41 Cr23.3%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹114.03 Cr8.5%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.6%0.0%₹6900.19 Cr21.7%
Bandhan Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5529.40 Cr7.6%
Bandhan Asset Allocation FOF Conservative Plan Direct Growth

Moderately High risk

0.2%1.0%₹6.08 Cr12.0%
Bandhan Crisil IBX Gilt April 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹486.13 Cr7.8%
Bandhan Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2426.89 Cr28.6%
Bandhan Financial Services Fund Direct Growth

Very High Risk

0.6%0.0%₹950.78 Cr29.4%
Bandhan Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹329.93 Cr8.4%
Bandhan Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹7740.04 Cr8.5%
Bandhan US Equity Fund of Fund Direct Growth

Very High Risk

1.5%1.0%₹322.10 Cr38.9%
Bandhan CRISIL IBX Gilt June 2032 Index Fund Direct Growth

Moderate Risk

-0.0%₹413.94 Cr9.9%
Bandhan Crisil IBX Gilt September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹150.60 Cr8.8%
Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹543.94 Cr10.6%
Bandhan Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3662.43 Cr7.6%
Bandhan Asset Allocation FOF Moderate Plan Direct Growth

High Risk

0.4%1.0%₹19.85 Cr18.2%
Bandhan Equity Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹194.14 Cr10.5%
Bandhan US Treasury Bond 0-1 year Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹141.11 Cr6.6%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹1283.11 Cr21.3%
Bandhan All Seasons Bond Fund Direct Growth

Moderately High risk

0.1%0.0%₹125.03 Cr8.4%
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹136.10 Cr33.9%
Bandhan Emerging Businesses Fund Direct Growth

Very High Risk

0.4%1.0%₹8716.22 Cr50.7%
Bandhan Hybrid Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹787.10 Cr24.7%
Bandhan Nifty 100 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹148.13 Cr22.8%
Bandhan Credit Risk Fund Direct Growth

Moderately High risk

0.7%1.0%₹305.41 Cr8.5%

Risk Level

Your principal amount will be at Moderately High risk

Moderately High risk
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The NAV of Bandhan Balanced Advantage Fund Direct Growth, as of 21-Nov-2024, is ₹26.55.
The fund has generated 17.95% over the last 1 year and 9.36% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 43.76% in equities, 16.29% in bonds, and 39.94% in cash and cash equivalents.
The fund managers responsible for Bandhan Balanced Advantage Fund Direct Growth are:-
  1. Manish Gunwani
  2. Brijesh Shah
  3. Prateek Poddar
  4. Ritika Behera
  5. Gaurav Satra