Last NAV: 87.4956

RELIANCE BALANCED ADVANTAGE FUND   -   Growth

INVESTMENT OBJECTIVE : The scheme seeks to capitalize on the potential upside in equity markets 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.

Annualized Return Last 5 years Last 3 years Last 1 year Year To date Month to date
15.90% 13.34% 13.15% -1.97% 0.52% 0.52%
Sharpe Ratio Sortino Ratio Calmar Ratio Volatility Max drawdown Positive Months
0.54 1.00 0.25 20.23% -62.62% 61.40%
Riskometer
Moderately-High
Investors understands that their principle will be at moderately high risk

Key Specifications

Category Hybrid: Dynamic Asset Allocation
AUM INR   1,391.93   Cr.
Inception Date 01/11/2004
Minimum Initial Investment INR   5000
Minimum Subsequent Investment INR   1000
TurnOver 450
Expense Ratio 2.47
Exit Load For more than 10% of investments 1% will be charged if redeemed within 12 month
Yield to Maturity 8.57
Duration 0.89

Year Jan Feb March April May June July Aug Sept Oct Nov Dec Total
2004 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.35 3.28 4.67
2005 4.28 5.68 -1.98 -3.49 8.36 6.69 7.31 3.39 5.48 -8.12 11.99 5.76 53.49
2006 7.10 2.56 6.16 3.95 -10.20 4.87 5.00 7.73 9.24 4.87 -0.62 3.30 51.85
2007 2.97 -7.54 0.26 5.55 4.22 5.23 6.28 -1.44 14.16 13.92 -1.82 6.35 57.17
2008 -15.04 -3.60 -13.07 7.19 -5.79 -21.90 6.43 1.03 -8.97 -18.92 -7.26 12.06 -53.69
2009 -4.74 -5.40 11.11 15.46 33.80 0.96 7.36 3.26 8.28 -5.47 6.12 4.64 96.81
2010 -5.20 0.62 3.95 4.21 -1.03 5.59 0.89 2.75 8.57 -0.08 -2.37 1.85 20.76
2011 -7.36 -4.38 7.45 0.84 -3.43 -0.20 -1.65 -9.52 -1.06 5.82 -8.79 -3.96 -24.49
2012 12.88 6.08 -0.90 -0.61 -7.10 6.56 -0.41 1.16 11.28 -1.54 6.50 1.47 39.28
2013 0.64 -6.72 0.57 4.46 0.23 -1.04 -2.28 -5.37 4.34 7.83 -1.28 4.11 4.62
2014 -4.67 3.81 6.30 -0.18 10.99 6.00 0.41 3.93 1.06 3.92 4.61 -2.31 38.36
2015 5.79 1.66 -1.74 -2.32 2.88 -0.85 3.06 -4.49 -2.77 1.15 -0.73 -0.25 0.94
2016 -6.36 -9.07 11.84 1.25 2.94 2.53 5.82 2.11 -0.12 1.83 -5.07 0.22 6.39
2017 3.75 4.18 3.40 3.08 1.32 -0.17 4.64 -1.87 -0.94 3.97 -1.13 2.77 25.23
2018 3.51 -4.19 -4.70 5.85 -0.98 -0.96 2.46 1.78 -3.43 -1.01 1.66 1.02 0.45
2019 0.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.52
all values are in %

Allocation Mandate

Equity Allocation Min: 65   Max: 100
Debt Allocation Min: 0   Max: 35
Commodity Allocation Min: 0   Max: 0
Money Market Min: 0   Max: 35

About Fund Managers:

Meenakshi Dawar Reliance

  • Job Since 01/04/2017 00:00:00
  • Email gottlieb.lucious@gmail.com
  • Experience Prior to joining Reliance AMC had worked with IDFC Mutual Fund. She has worked in institutional equities sales and research division on sell side.
  • Experience Ms. Dawar is a B.Tech from IGIT New Delhi and PGDM from IIM Ahmedabad.

Manish Gunwani Reliance

  • Job Since 07/05/2018 00:00:00
  • Email gottlieb.lucious@gmail.com
  • Experience He has over a decade of experience and joined ICICI Prudential in 2012.
  • Experience Mr. Gunwani is a B.Tech. and PGDM.

Ashutosh Bhargava Reliance

  • Job Since 07/05/2018 00:00:00
  • Email gottlieb.lucious@gmail.com
  • Experience He had worked with Reliance AMC as deputy investment strategist, investment strategist & Fund Manager. He had also worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd as Economist.
  • Experience Mr. Bhargava is B.Com & MBA (Finance)

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