IDFC Balanced Advantage Fund (Formerly Known as IDFC Dynamic Equity Fund)
An open ended dynamic asset allocation fund
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)
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.
Scheme is suitable for a minimum investment horizon of more than 3 years
Benchmark : 50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond IndexAlternate Benchmark : Nifty 50 TRI
Value of 10,000 invested in IDFC Balanced Advantage Fund - Regular Plan - Growth
IDFC Balanced Advantage Fund - Regular Plan - Growth
50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index #
Nifty 50 TRI ##
|Scheme Names||CAGR Returns (%)||Current value of Investment of 10,000|
|1 year||3 year||5 year||10/10/2014 Since inception||1 year||3 year||5 year||10/10/2014 Since inception|
|IDFC Balanced Advantage Fund - Regular Plan - Growth||23.36||9.68||9.42||8.27||12,335.5||13,201.78||15,685.63||17,060|
|50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index #||34.57||12.97||12.55||11.32||13,457.08||14,427.34||18,069.46||20,576.55|
|Nifty 50 TRI ##||54.58||15.00||15.08||12.23||15,457.71||15,220.17||20,191.45||21,723.32|
|# Scheme Benchmark | ## Scheme Alternate Benchmark|
This fund is managed by (w.e.f 01/03/2017), (w.e.f 09/11/2015) & (w.e.f 01/03/2017)
View fund performance of other funds managed by Arpit Kapoor, Arvind Subramanian, 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.
For taxation, please refer the link : https://bit.ly/3o63xgQ