| CATEGORY OF SCHEME | Balanced Advantage |
| INVESTMENT OBJECTIVE | The investment objective of the Scheme is to seek capital appreciation by investing in equity and equity related securities and fixed income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation. However, there can be no assurance that the investment objective of the scheme will be realized. |
| Inception Date (Date of Allotment): | 31-Dec-19 |
| Benchmark: | Nifty 50 Hybrid Composite Debt 50:50 Index |
| Minimum Application Amount: | Rs.5,000/- and in multiples of Rs. 1/- thereafter |
| Load Structure: | Entry Load: Nil Exit Load: 10% of the units allotted may be redeemed without any exit load, on or before completion of 3 months from the date of allotment of units. Any redemption in excess of such limit in the first 3 months from the date of allotment shall be subject to the following exit load i. 1% if redeemed or switched out on or before completion of 3 months from the date of allotment of units ii. Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units. |
| Total Expense Ratio (TER):* | Including Additional Expenses and Goods and Service
Tax on Management Fees Regular Plan:2.41% Direct Plan:0.39% |
| Fund Manager | Mr. Pradeep Gokhale (Since 31-Dec-19) Total Experience: 27 years Mr. Dhimant Shah (Since 08-Aug-22) Total Experience: 26 years Mr. Vikrant Mehta (Since 10-Feb-22) Total experience: 28 years |
| AUM (in Rs. Cr): | 580.74 |
| AAUM (in Rs. Cr): | 583.69 |
| % of top 5 holdings: | 28.16% |
| % of top 10 holdings: | 42.49% |
| No. of scrips: | 58 |
| Average Maturity: | 0.10 Year |
| Macaulay Duration: | 0.10 Year |
| Modified Duration: | 0.10 Year |
| Yield to Maturity: | 5.63% |
| Average P/B | 2.78 |
| Average P/E | 14.40 |
| Portfolio Beta | 0.47 |
| (P/E ratio taken on net equity level) | |
Regular Plan
(in Rs.) |
Direct Plan
(in Rs.) |
|
| Growth: | 10.4756 |
11.0924 |
| IDCW: | 10.4756 |
11.0924 |
Name of the Instrument |
% to
NAV |
% to NAV
Derivatives |
|
Equity & Equity Related Total |
73.70 |
-25.37 |
|
Automobile and Auto Components |
9.30 |
-7.07 |
|
Maruti Suzuki India Limited |
7.62 |
-7.07 |
|
Mahindra & Mahindra Limited |
0.61 |
||
Tata Motors Limited |
0.41 |
||
Bajaj Auto Limited |
0.26 |
||
Eicher Motors Limited |
0.23 |
||
Hero MotoCorp Limited |
0.18 |
||
Capital Goods |
0.37 |
-0.37 |
|
Siemens Limited |
0.37 |
-0.37 |
|
Chemicals |
0.20 |
||
UPL Limited |
0.20 |
||
Construction |
1.45 |
-0.33 |
|
Larsen & Toubro Limited |
1.45 |
-0.33 |
|
Construction Materials |
0.82 |
||
UltraTech Cement Limited |
0.37 |
||
Grasim Industries Limited |
0.31 |
||
Shree Cement Limited |
0.14 |
||
Consumer Durables |
1.37 |
-0.10 |
|
Asian Paints Limited |
0.74 |
||
Titan Company Limited |
0.53 |
||
Berger Paints (I) Limited |
0.10 |
-0.10 |
|
Consumer Services |
0.66 |
-0.67 |
|
Jubilant Foodworks Limited |
0.66 |
-0.67 |
|
Fast Moving Consumer Goods |
3.45 |
-0.14 |
|
ITC Limited |
1.36 |
||
Hindustan Unilever Limited |
1.15 |
||
Nestle India Limited |
0.34 |
||
Tata Consumer Products Limited |
0.24 |
||
Britannia Industries Limited |
0.21 |
||
Godrej Consumer Products Limited |
0.14 |
-0.14 |
|
Financial Services |
23.66 |
-9.76 |
|
ICICI Bank Limited |
8.43 |
-5.46 |
|
HDFC Bank Limited |
3.16 |
||
HDFC Life Insurance Company Limited |
2.42 |
-2.16 |
|
Housing Development Finance Corporation Limited |
2.15 |
||
Axis Bank Limited |
2.02 |
-1.06 |
|
Kotak Mahindra Bank Limited |
1.36 |
||
Max Financial Services Limited |
1.07 |
-1.07 |
|
State Bank of India |
0.99 |
||
Bajaj Finance Limited |
0.94 |
||
Bajaj Finserv Limited |
0.50 |
||
IndusInd Bank Limited |
0.35 |
||
SBI Life Insurance Company Limited |
0.28 |
||
Healthcare |
5.00 |
-3.59 |
|
Sun Pharmaceutical Industries Limited |
3.98 |
-3.52 |
|
Cipla Limited |
0.26 |
||
Dr. Reddy's Laboratories Limited |
0.25 |
||
Divi's Laboratories Limited |
0.22 |
||
Apollo Hospitals Enterprise Limited |
0.21 |
||
Zydus Lifesciences Limited |
0.07 |
-0.07 |
|
Information Technology |
7.57 |
-2.17 |
|
Tata Consultancy Services Limited |
3.77 |
-2.17 |
|
Infosys Limited |
2.65 |
||
HCL Technologies Limited |
0.53 |
||
Tech Mahindra Limited |
0.32 |
||
Wipro Limited |
0.30 |
||
Metals & Mining |
4.23 |
-3.20 |
|
Tata Steel Limited |
3.54 |
-3.14 |
|
Hindalco Industries Limited |
0.38 |
-0.07 |
|
JSW Steel Limited |
0.31 |
||
Oil Gas & Consumable Fuels |
13.52 |
-8.48 |
|
Reliance Industries Limited |
5.50 |
-1.09 |
|
Coal India Limited |
3.89 |
-3.64 |
|
Indian Oil Corporation Limited |
1.82 |
-1.84 |
|
GAIL (India) Limited |
1.67 |
-1.68 |
|
Oil & Natural Gas Corporation Limited |
0.45 |
-0.20 |
|
Bharat Petroleum Corporation Limited |
0.18 |
-0.02 |
|
Others |
10.97 |
||
Nifty 50 Index |
10.97 |
||
Power |
0.86 |
-0.09 |
|
Power Grid Corporation of India Limited |
0.43 |
-0.04 |
|
NTPC Limited |
0.43 |
-0.05 |
|
Services |
0.39 |
-0.36 |
|
Adani Ports and Special Economic Zone Limited |
0.39 |
-0.36 |
|
Telecommunication |
0.83 |
||
Bharti Airtel Limited |
0.83 |
||
Name of the Instrument |
Ratings |
% to NAV |
|
Debt Instrument |
|||
Corporate Bond |
3.88 |
||
Housing & Urban Development Corporation Limited |
ICRA AAA |
2.16 |
|
Power Finance Corporation Limited |
CRISIL AAA |
0.86 |
|
Small Industries Dev Bank of India |
ICRA AAA |
0.86 |
|
Government Bond |
1.72 |
||
6.69% GOI (MD 27/06/2024) |
SOVEREIGN |
1.72 |
|
Treasury Bill |
16.18 |
||
91 Days Tbill (MD 08/09/2022) |
SOVEREIGN |
4.30 |
|
91 Days Tbill (MD 15/09/2022) |
SOVEREIGN |
4.21 |
|
91 Days Tbill (MD 03/11/2022) |
SOVEREIGN |
4.26 |
|
91 Days Tbill (MD 17/11/2022) |
SOVEREIGN |
3.40 |
|
Short Term Debt & Net Current Assets |
4.52 |
Top Ten Holdings
Value of Investment of 10,000 |
||||||
| Period | Fund Returns (%) |
Benchmark Returns (%) |
Additional Benchmark Returns (%) |
Fund () |
Benchmark () |
Additional Benchmark () |
Regular - Growth |
||||||
| Last 1 Year | 2.17% |
4.06% |
5.16% |
10,216 |
10,405 |
10,514 |
| Since Inception | 1.76% |
12.51% |
16.72% |
10,476 |
13,693 |
15,100 |
Direct - Growth |
||||||
| Last 1 Year | 4.34% |
4.06% |
5.16% |
10,433 |
10,405 |
10,514 |
| Since Inception | 3.97% |
12.51% |
16.72% |
11,092 |
13,693 |
15,100 |
Past performance may or may not be sustained in future. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index# Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Pradeep Gokhale (Since 31-Dec-19). Mr. Rohan Korde (Since 29-Apr-22) and Mr. Vikrant Mehta (Since 10-Feb-22). Inception date of the scheme (31-Dec-19). Face Value per unit: Rs. 10.
| Period | Amount Invested |
Fund Value () |
Fund Returns (%) |
Benchmark Value () |
Benchmark Returns (%) |
Additional Benchmark Value () |
Additional Benchmark Returns (%) |
Regular - Growth |
|||||||
| Last 1 Year | 120000 |
118462 |
-2.38% |
123942 |
6.18% |
125552 |
8.74% |
| Since Inception | 320000 |
350135 |
6.70% |
380950 |
13.20% |
425932 |
22.16% |
Direct - Growth |
|||||||
| Last 1 Year | 120000 |
119776 |
-0.35% |
123942 |
6.18% |
125552 |
8.74% |
| Since Inception | 320000 |
361073 |
9.04% |
380950 |
13.20% |
425932 |
22.16% |
Past performance may or may not be sustained in future. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index# Additional Benchmark: Nifty 50 TRI. # Additional Benchmark: Nifty 50 TRI. For SIP returns, monthly investment of Rs.10,000 invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return).
Disclaimer - Fund SIP Performance
The performance details provided herein are of Growth option under Direct and Regular Plans. The Fund(s) offer Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested say Rs. 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of respective scheme. The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions.
THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^
- Capital appreciation while generating income over medium to long term
- Dynamic Asset allocation between equity, equity related Instruments and fixed income instruments so as to provide with long term capital appreciation
^Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Face Value per Unit: Rs. 10 unless other wise specified; Data is as of August 31, 2022 unless other wise specified.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully