INF194KA1UH1

CASPeR Ranking #128

Bandhan Balanced Advantage Direct Growth

Moderately High risk Dynamic Asset Allocation Allocation

NAV (Tue Sep 17 2024)

₹27

Returns (Since Inception)

10.69%

Category Average

12.86%

Rating

3

Allocation and Holdings

Asset class

Weightage

Unknown

23.80%

Technology

5.08%

Financial Services

8.38%

Energy

3.55%

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Overall rating

100K+Downloads

Scheme Information

Fund name

Bandhan Balanced Advantage Direct Growth


Minimum SIP

100


Risk Level

Moderately High risk


AUM

₹2321.90 Cr


ISIN

INF194KA1UH1


Inception Date

Oct 10 2014


Standard Deviation

6.908


Beta

-


Sharpe Ratio

0.719


Benchmark

IISL Nifty 50 TR INR


Expense Ratio

0.710%


Exit Load

For 10% of investment: Nil - For remaining investment: 1% if redeemed/ switched out within 1 year from the date of allotment

Risk

Moderately High risk

Investment Objective

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 income 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.

Fund Managers

Sachin Relekar

Sumit Agrawal

Viraj Kulkarni

About the AMC

Bandhan Asset Management Company Limited


Phone Number

022-66289999


Corporate Office Address

Bandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai

Overall AUM

₹2321.90 Cr


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frequently asked questions

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What is the current NAV of Bandhan Balanced Advantage Direct Growth?

The NAV of Bandhan Balanced Advantage Direct Growth is ₹27 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.

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Who is the fund manager of Bandhan Balanced Advantage Direct Growth?

Sachin Relekar is the current fund manager of Bandhan Balanced Advantage Direct Growth as on Wed Sep 18 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.

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What is the expense ratio of Bandhan Balanced Advantage Direct Growth?

The Expense Ratio of Bandhan Balanced Advantage Direct Growth is 71.00% as of Wed Sep 18 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 71.00% 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.

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What is the minimum SIP amount of Bandhan Balanced Advantage Direct Growth?

The minimum Systematic Investment Plan (SIP) amount required for Bandhan Balanced Advantage Direct Growth is ₹100. 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.

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What is the minimum lump sum amount required to invest in Bandhan Balanced Advantage Direct Growth?

To initiate a lump sum investment in Bandhan Balanced Advantage Direct Growth, a minimum initial amount of ₹1,000 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.

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What is risk category of the Bandhan Balanced Advantage 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 Bandhan Balanced Advantage Direct Growth is classified as Moderately High risk.

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What is the category of Bandhan Balanced Advantage Direct Growth?

The category of the Bandhan Balanced Advantage Direct Growth is Allocation.

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