Edelweiss Balanced Advantage Fund Direct-Growth
This dynamic asset allocation fund was launched in 2o13 by the fund company Edelweiss Mutual Fund. This fund has performed quite well over the past year. The one-year returns of the Edelweiss Balanced Advantage Fund Direct-Growth fund are 33.60%. It has averaged 13.14% per year since its inception, according to data from Value Research.
The fund’s returns over 1 to 5 years are above the category average. The financials, tech, metals, energy and healthcare sectors make up the majority of the fund’s equity holdings. ICICI Bank Ltd., Reserve Bank of India, Reliance Industries Ltd., Tata Steel Ltd. and HDFC Bank Ltd. are the top five holdings of the fund. The fund has a low expense ratio of 0.5%. The current assets under management of the fund are Rs 3,881 Cr and the most recent NAV as of July 9, 2021 is Rs 36.18. One can start SIP in this fund with Rs 500 and the fund charges an exit charge of 1% if the units are redeemed within one year of investing.
ICICI Prudential Balanced Advantage Fund
Fund company ICICI Prudential Mutual Fund launched this dynamic asset allocation fund in 2013. The 1 year returns of ICICI Prudential Balanced Advantage Direct-Growth are 27.81%. According to Value Research, this fund has generated an average annual return of 13.28% since its inception. This fund has a higher expense ratio of 1.09% and returns from 1 to 5 years are higher than the average returns for the class.
The fund has its sector allocation to stocks in the fast moving financials, energy, automotive, tech and consumer goods sectors. Reserve Bank of India, Reliance Industries Ltd., ICICI Bank Ltd., Infosys Ltd. and Axis Bank Ltd. are the top five holdings of the fund. The current assets under management (AUM) of the fund is Rs 32,188 Cr and the current net asset value is Rs 50.33 as of July 9, 2021. The fund charges an exit charge of 1% if the units 10% of the investment are redeemed within one year. You can start SIP in this fund with a minimum monthly contribution of Rs 100.
DSP Dynamic Asset Allocation Fund
In 2014, this fund was launched by the fund company DSP Mutual Fund. The direct growth returns of the DSP Dynamic Asset Allocation Fund are 20.35% compared to last year. According to Value Research, it has produced an average annual return of 10.58% since its inception. The financials, energy, tech, services and metals sectors make up the majority of the fund’s equity holdings. Infosys Ltd., Indian Oil Corp. Ltd., Reserve Bank of India, Adani Ports and Special Economic Zone Ltd. and Bharti Airtel Ltd. are the top five holdings of the fund.
The fund has an expense ratio of 0.68% and an exit charge of 1% would be charged if units exceeding 10% of the investment were redeemed within one year. The current assets under management of the fund are Rs 3,562 Cr and the latest NAV as of July 9, 2021 is Rs 21.10.
Sun Life Aditya Birla Balanced Advantage Fund
This dynamic asset allocation fund was launched by fund company Aditya Birla Sun Life Mutual Fund in 2013. Aditya Birla Sun Life Balanced Advantage Fund Direct growth returns were 30.96% the previous year. According to Value Research, it has delivered an average annual return of 12.63% since its inception. The fund has an expense ratio of 0.74% and no exit charge.
The fund has its sector allocation to stocks in the financials, technology, energy, construction and healthcare sectors. Birla Sun Life Cash Plus – Direct Plan, HDFC Bank Ltd., Infosys Ltd., ICICI Bank Ltd. and Tata Steel Ltd. are the top five holdings of the fund. The current AUM of the fund is Rs 3,969 Cr and the recent NAV as of July 9, 2021 is Rs 75.80. One can start SIP with an amount of Rs 100 in this fund.
Top Performing Balanced Advantage Funds in 2021
Here are the 4 best performing balanced advantage funds or dynamic asset allocation funds based on ratings and past performance.
|Funds||1 year returns||3-year returns||5-year returns||Evaluation by value search|
|Edelweiss Balanced Advantage Direct Growth Fund||33.60%||15.02%||13.86%||5 stars|
|ICICI Prudential Balanced Advantage Fund||27.81%||12.07%||11.90%||4 stars|
|DSP Dynamic Asset Allocation Fund||20.35%||12.31%||10.79%||4 stars|
|Sun Life Aditya Birla Balanced Advantage Fund||30.96%||13.05%||12.36%||4 stars|
Should we invest?
In the current market scenario where investing only in stocks can increase your risk, investing in debt mutual funds is strongly considered. In the current period when the domestic market is record high, government funds, floating debt mutual funds, dynamic asset allocation funds with short duration are very attractive to investors in the mutual fund category. debt to achieve risk-adjusted returns. The reason we chose dynamic asset allocation funds to invest in is that the SIP returns of the last 3-5 years for this fund are pretty decent. According to data from Value Research, dynamic asset allocation funds have generated an average SIP return of 14.52% over the past 3 years and 9.89% over the past 5 years, which is good. superior to other categories of debt funds such as bank funds and PSUs. .
In the current scenario where interest rates on term deposits are around 5.5%, which is close to the rate of inflation, investing in dynamic asset allocation funds can provide you with returns. higher than medium-term inflation. Investing in balanced advantage funds or dynamic asset allocation funds can be a solid option in today’s stock market, as these funds adjust the asset allocation according to market conditions so that your investment continues to grow. provide consistent returns.
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