IDFC Balanced Advantage Fund -Direct Plan

Our Funds / Hybrid Funds

IDFC Balanced Advantage Fund -Direct Plan

An open ended dynamic asset allocation fund

HybridInception Date:10/10/2014
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A fund that ‘Dynamically’ invests between Equity and Debt based on the model that tracks market valuation, buying less equity when markets are expensive and more when markets  are cheap.

  • Min Investment 5,000
  • Min SIP Amount 100
  • Exit Load

    In respect of each purchase of Units:
    - For 10% of investment: Nil
    - For remaining investment: 1% if redeemed/ switched
    out within 1 year from the date of allotment (w.e.f. July 5, 2017)

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Annualised Returns(as on 31st Oct, 2022)0.12%1yr9.42%3yr7.78%5yr
NAV 18.2340 as on 28/11/20221 Day Change: 0.04(0.20%)

Scheme is suitable for a minimum investment horizon of more than 3 years

Tier 1 Benchmark : NIFTY 50 Hybrid Composite debt 50:50 IndexAlternate Benchmark : Nifty 50 TRI

Performance as on 31st October 2022

Scheme NamesCAGR Returns (%)Current value of Investment of 10,000
1 year3 year5 year10 year10/10/2014 Since inception1 year3 year5 year10 year10/10/2014 Since inception
IDFC Balanced Advantage Fund - Regular Plan - Growth0.129.427.78N.A.7.7110,01213,10414,546N.A.18,202
3.0613.3510.7211.2410.6210,30614,56816,64329,04322,274
3.3016.2313.1613.7412.2210,33215,70918,55836,27525,328
^ Tier 1 Benchmark   |   ^^ Alternate Benchmark   |   ^^^ Tier 2 Benchmark

This fund is managed by Mr. Sachin Relekar (w.e.f 01/03/2022)Brijesh Shah (w.e.f 16/07/2022) & Sumit Agrawal (w.e.f 01/03/2017)

View fund performance of other funds managed by Mr. Sachin Relekar , Brijesh Shah, Sumit Agrawal

Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.

Taxation:

For taxation, please refer the link :  https://bit.ly/3a5CcbE

IDFC Balanced Advantage Fund

(Scheme Risk-o-meter)

Investors understand that their principal will be at Very High Risk.

NIFTY 50 Hybrid Composite debt 50:50 Index

(Tier 1 Benchmark Risk-o-meter)

This product is suitable for investors who are seeking* :

  • To create wealth over long term.
  • Dynamic allocation towards equity, derivatives, debt and money market instruments.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

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