Bajaj Finserv Balanced Advantage Fund Direct Growth
NAV (Tue Sep 17 2024)
₹12
Returns (Since Inception)
0.00%
Category Average
12.86%
Rating
NA
Allocation and Holdings
Asset class
Weightage
Financial Services
10.32%
Energy
5.45%
Technology
9.00%
Unknown
9.93%
Consumer Defensive
3.47%
Communication Services
2.22%
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Overall rating
Scheme Information
Fund name
Bajaj Finserv Balanced Advantage Fund Direct Growth
Minimum SIP
500
Risk Level
Very High Risk
AUM
₹1279.49 Cr
ISIN
INF0QA701656
Inception Date
Dec 15 2023
Standard Deviation
-
Beta
-
Sharpe Ratio
-
Benchmark
Expense Ratio
0.550%
Exit Load
if units are redeemed / switched out within 6 months from the date of allotment if upto 8% of units allotted are redeemed/switched out Nil any redemption / switch-out of units in excess of 8% of units allotted - 1% of applicable NAV. if units are redeemed/switched out after 6 months from the date of allotment, no exit load is payable.
Risk
Very High Risk
Investment Objective
The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives.
Fund Managers
N.A.About the AMC
Bajaj Finserv Asset Management Limited
Phone Number
+91 2071576064Corporate Office Address
IndiaOverall AUM
₹1279.49 Cr
Website
www.bajajamc.comPopular Allocation funds
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Nippon India Multi Cap Fund - Direct Plan - Growth
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frequently asked questions
view all FAQsWhat is the current NAV of Bajaj Finserv Balanced Advantage Fund Direct Growth?
The NAV of Bajaj Finserv Balanced Advantage Fund Direct Growth is ₹12 as of Tue Sep 17 2024.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
What is the expense ratio of Bajaj Finserv Balanced Advantage Fund Direct Growth?
The Expense Ratio of Bajaj Finserv Balanced Advantage Fund Direct Growth is 55.00% as of Wed Sep 18 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 55.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
What is the minimum SIP amount of Bajaj Finserv Balanced Advantage Fund Direct Growth?
The minimum Systematic Investment Plan (SIP) amount required for Bajaj Finserv Balanced Advantage Fund Direct Growth is ₹500. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
What is the minimum lump sum amount required to invest in Bajaj Finserv Balanced Advantage Fund Direct Growth?
To initiate a lump sum investment in Bajaj Finserv Balanced Advantage Fund Direct Growth, a minimum initial amount of ₹500 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
What is risk category of the Bajaj Finserv Balanced Advantage Fund Direct Growth?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Bajaj Finserv Balanced Advantage Fund Direct Growth is classified as Very High Risk.
What is the category of Bajaj Finserv Balanced Advantage Fund Direct Growth?
The category of the Bajaj Finserv Balanced Advantage Fund Direct Growth is Allocation.