BANDHAN Balanced Advantage Fund Regular Plan IDCW

BANDHAN Balanced Advantage Fund Regular Plan IDCW is a scheme launched by Bandhan Mutual Fund on October 10, 2014, and falls under the Dynamic Asset Allocation fund category. It currently manages an AUM of Rs 2,268.12 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 1000. It charges an expense ratio of 2.04% for managing the portfolio.

• Investing Strategy:

  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 in come 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.

• Performance:

  BANDHAN Balanced Advantage Fund Regular Plan IDCW trailing returns over different times are -3.2% (1 year), 4.79% (3 year) and 5.44% (5 year). The average annual return of this fund stands at -0.33%.