This dynamic asset allocation fund has produced over 48% returns in 3 years

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IDFC Balanced Advantage Fund – Direct Plan – Growth

It is a dynamic asset allocation hybrid mutual fund, launched on October 10, 2014 by the IDFC mutual fund. Under the Direct Plan-Growth program of this fund, its AUM stood at Rs 2966.49 Crore. The net asset value of the scheme is Rs 19.84 declared on March 30, 2022. The expense ratio of this scheme is 0.55%, which is lower than the average returns in its category.

This fund is moderately risky and could attract losses. The fund is currently managed by Mr. Sumit Agrawal, Mr. Arvind Subramanian and Mr. Sachin Relekar. Value research has given this fund 4 stars.

It is a mid-size open-end fund in its class that seeks to generate long-term capital appreciation. This system is suitable for a minimum investment horizon of more than 3 years.

Absolute and annualized returns

Absolute and annualized returns

Flat-rate returns on investment

Investment period Absolute returns Annualized returns
1 year 11.27% 11.27%
2 years 58.97% 26.09%
3 years 40.91% 12.09%
5 years 67.73% 10.89%
Since the creation 98.40% 9.60%

SIP Returns

MS period Absolute returns Annualized returns
1 year 3.20% 5.99%
2 years 15.35% 14.42%
3 years 22.30% 13.53%
5 years 33.97% 11.65%
Wallet

Wallet

The fund is 68.09% invested in Indian stocks, of which 41.64% is in large cap stocks, 12.25% in mid cap stocks and 5.97% in small cap stocks.

The fund has a debt investment of 30.48%, including 18.35% in government securities and 12.13% in funds with very low risk securities. The debt portion of the fund has a low credit rating, which means the borrowers it has given money to are not high quality.

The financials, technology, healthcare, energy and consumer staples sectors make up the majority of the fund’s equity holdings. Compared to other funds in the category, it has less exposure to the financials and technology sectors.

The Government of India, ICICI Bank Ltd., Infosys Ltd., Reliance Industries Ltd. and the Reserve Bank of India are among the fund’s top holdings.

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