3 Year return

11.48%
Launched on September 2014 (10 years)

Investment Details

₹100

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹2216.86 Cr.

Expense Ratio

0.63% (inclusive of GST)

Exit Load

If redeemed/switched out within 1 year from the date of allotment. For 10% of investment:NIL - For remaining investment:1% Nil - If redeemed/switched out after 1 year from the date of allotment.

Ratings

ARQ Rating
1.5

Ratings by other agencies

3
0
4

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Bandhan Mutual Fund Managers

AK

Arpit Kapoor

Fund Manager since Mar 2017

View Details

Fund House Details

Bandhan Mutual Fund

Bandhan Mutual Fund Asset management company

AUM ₹137,354.53 Cr.
No. of Schemes 273
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Bandhan Mutual Fund

List of mutual fund schemes by AMC

About IDFC Balanced Advantage Fund Direct Plan-Growth

The Bandhan Balanced Advantage Fund Direct-Growth is a Dynamic Asset Allocation mutual fund scheme introduced by Bandhan Mutual Fund. IDFC’s name has been changed to Bandhan. The fund is designed to deliver the dual benefits of diversification and reduced volatility. One of the primary merits of these funds is their ability to reallocate between equity, derivatives, and debt based on prevailing market conditions and valuations. They offer investors a chance to benefit from equity markets but with comparatively reduced volatility, making them less susceptible to market fluctuations than aggressive hybrid funds.

Investment Objectives of the Scheme

The overarching aim of the Bandhan Balanced Advantage Fund Direct-Growth is long-term capital appreciation achieved with relatively subdued volatility. This is realised through a systematic and disciplined allocation approach towards equity and equity-related securities, complemented by strategic interventions in equity derivatives for defence. Furthermore, a secondary objective of this scheme is income generation and capital appreciation, achieved by venturing into Debt & Money Market instruments.

Key Features of The Fund

5-year return 12.56%
Expense Ratio 0.63%
Fund Manager Arpit Kapoor
Fund Size ₹2216.86 Cr
Risk Profile Very High

Is This Scheme Right for Me?

Bandhan Balanced Advantage Fund Direct-Growth is an apt choice for a broad spectrum of investors, particularly those who lean towards a conservative investing style. The structure and strategy of this fund make it ideal for those who are seeking exposure to the equity markets but are wary of the high volatility often associated with pure equity investments. Investors should consider holding onto these funds for a minimum duration of 1.5 years to truly harness their potential benefits. Always consult with a financial advisor to ensure that any investment aligns with your financial goals and risk tolerance.

AMC Contact Details

Name Bandhan Mutual Fund
Launch Date 13 March 2000
Addresss 6th Floor, Tower 1C, One World Center, Jupiter Mills Compound, 841 Senapati Bapat Marg, Mumbai - 400013
Contact 1-800-2666688/1-800-30066688/ 044-30463501 (for international calls)
Email investormf@bandhanamc.com
Website https://bandhanmutual.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Invest Regularly, Achieve Your Goals with SIPs

Regular investing is a cornerstone of building wealth for the future. SIPs (Systematic Investment Plans) make investing consistent and hassle-free. By setting up a fixed amount to be invested periodically, you can benefit from rupee-cost averaging and potentially reduce the impact of market volatility. Angel One's SIP calculator helps you plan your investment strategy and estimate potential returns.

FAQs

What is today's NAV of Bandhan Balanced Advantage Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bandhan Balanced Advantage Fund Jun 20 2024 is 25.754

What is the AUM of Bandhan Balanced Advantage Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bandhan Balanced Advantage Fund is 2216.86 crore.

What is the expense ratio of Bandhan Balanced Advantage Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Bandhan Balanced Advantage Fund is 0.63%

What are the returns of Bandhan Balanced Advantage Fund since inception?

The Bandhan Balanced Advantage Fund was launched on Sep 17 2014. The fund has delivered a CAGR of 10.24 since inception.

What is the minimum SIP amount to invest in Bandhan Balanced Advantage Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bandhan Balanced Advantage Fund is 100.

How do I invest in Bandhan Balanced Advantage Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Bandhan Balanced Advantage Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Bandhan Balanced Advantage Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Bandhan Balanced Advantage Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.