Hybrid
Direct
Dynamic Asset Allocation
NAV as on 05-09-2024
₹ 25.4
▲1.3%
1D
Inception Returns
12.6%
/yr
Motilal Oswal Balance Advantage Fund Direct Growth is a hybrid fund. This fund was started on 27 September, 2016. The fund is managed by . This fund gives you the benefit of diversification.
Motilal Oswal Balance Advantage Fund Direct Growth has given a CAGR return of 12.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.87%, 15.71% and 15.46% respectively.
Motilal Oswal Balance Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Corporate, Tech, Government, Industrial, Consumer Defensive, Health, Communication.
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The investment objective is to generate long term capital appreciation by investing in equity and equity related instruments including equity derivatives & International Stocks, debt, money market instruments.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Motilal Oswal Balance Advantage Fund Direct Growth has no lock in period.
Expense ratio | 0.96% |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
AUM | ₹1271 Cr |
Inception Date | 27 September, 2016 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 305.75% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Corporate
Motilal Oswal Balance Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 9.04% | 9.04% |
6 Month Returns | 20.59% | 20.59% |
1 Year Returns | 26.87% | 26.87% |
3 Years Returns | 54.92% | 15.71% |
5 Years Returns | 105.19% | 15.46% |
AAA | 66.08 |
AA | 33.92 |