BANDHAN Balanced Advantage Fund Regular Plan IDCW

BANDHAN Balanced Advantage Fund Regular Plan IDCW is a fund scheme from Bandhan mutual fund. It falls under a Dynamic Asset Allocation category. After being launched on 2014-10-10. BANDHAN Balanced Advantage Fund Regular Plan IDCW has achieved Rs 2268.45 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 100 and lumpsum of Rs 1000 to start the investment. The expense ratio of this fund is 2.01%.

• Investing Strategy:

  The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity and equity related instruments; and for defensive purposes in equity derivatives. The secondary objective of the scheme will be to generate in come and capital appreciation through investment in Debt & Money Market instruments. There is no assurance or guarantee that the objectives of the scheme will be realised.

• Performance:

  BANDHAN Balanced Advantage Fund Regular Plan IDCW trailing returns over different times are 8.97% (1 year), 4.4% (3 year), 6.35% (5 year). The average annual return of this fund stands at 8.97%

• Fund Manager & Portfolio Allocation:

  Manish Gunwani, Brijesh Shah, Prateek Poddar, Ritika Behera are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Banks, IT - Software, Finance, Automobiles, Retailing, Sectors. First five holdings of this fund are Infosys Limited, HDFC Bank Limited, Bajaj Finance Limited, State Bank of India, ICICI Bank Limited, 7.18% Government of India, 7.3% Government of India, 7.18% Government of India, Tata Motors Finance Limited, 7.99% Tata Projects Limited Companies.