3 Year return
11.15%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹2224.1 Cr.
Expense Ratio
0.7% (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.
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
Bandhan Mutual Fund Managers
AK
Arpit Kapoor
Fund Manager since Mar 2017
Fund House Details
Bandhan Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout |
24.76% |
4 |
|
Baroda BNP Paribas Balanced Advantage Fund Direct Plan IDCW Payout |
15.56% |
3 |
|
Edelweiss Balanced Advantage Fund Direct Plan Quarterly IDCW Payout |
14.7% |
5 |
Schemes by Bandhan Mutual Fund
List of mutual fund schemes by AMC
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Daily IDCW Reinvestment
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Annual IDCW Payout
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Fortnightly IDCW Payout
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Fortnightly IDCW Reinvestment
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 | 12.1% |
| Expense Ratio | 0.7% |
| Fund Manager | Arpit Kapoor |
| Fund Size | ₹2224.1 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) |
| 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.
FAQs
What is today's NAV of Bandhan Balanced Advantage Fund?
What is the AUM of Bandhan Balanced Advantage Fund?
What is the expense ratio of Bandhan Balanced Advantage Fund?
What are the returns of Bandhan Balanced Advantage Fund since inception?
What is the minimum SIP amount to invest in Bandhan Balanced Advantage Fund?
How do I invest in Bandhan Balanced Advantage Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Bandhan Balanced Advantage Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Bandhan Balanced Advantage Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Bandhan Balanced Advantage Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
