Motilal Oswal Balance Advantage Fund Direct-Growth
(Scheme Rating)
NAV as of Aug 28, 2024
25.12-0.08%
- Growth - Direct
(Earn upto 1.21% Extra Returns with Direct Plan)
Fund Category:
Hybrid: Dynamic Asset Allocation
Expense Ratio:
0.96%(0.66% Category
average)Fund Size:
Rs. 1,270.57 Cr(0.45% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Motilal Oswal Balance Advantage Fund Direct-Growth
(Scheme Rating)
NAV as of Aug 28, 2024
25.12-0.08%
Expense Ratio:
0.96%
Fund Size:
Rs. 1,270.57 Cr
Fund Category:
Hybrid: Dynamic Asset Allocation
1. Current NAV: The Current Net Asset Value of the Motilal Oswal Balance Advantage Fund - Direct Plan as of Aug 28, 2024 is Rs 25.12 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 27.73% (1yr), 15.47% (3yr), 14.7% (5yr) and 12.33% (since launch). Whereas, Category returns for the same time duration are: 26.29% (1yr), 13.2% (3yr) and 14.16% (5yr).
3. Fund Size: The Motilal Oswal Balance Advantage Fund - Direct Plan currently holds Assets under Management worth of Rs 1270.57 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.97% for Direct plan as on Aug 08, 2024.
5. Exit Load: Motilal Oswal Balance Advantage Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 1 year."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 500.
Motilal Oswal Balance Advantage Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 5.34 15.29 19.08 27.73 15.47 14.70 Category Avg 1.37 7.26 11.83 26.29 13.20 14.16 Rank within Category 1 1 2 13 7 13 No. of funds within Category 37 37 36 33 24 21 - Loading...
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Return Comparison
- This Fund
- BenchmarkHDFC Balanced Advantage Direct-G
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Motilal Oswal Balance Advantage Fund Direct-Growth Fund Details
Investment Objective - The scheme seeks to generate long term capital appreciation by investing in equity and equity related instruments including equity derivatives & International Stocks, debt, money market instruments.
Fund House | Motilal Oswal Mutual Fund |
Launch Date | Sep 27, 2016 |
Benchmark | CRISIL Hybrid 50+50 Moderate Index |
Return Since Launch | 12.33% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | High |
Return Grade | Below Average |
Motilal Oswal Balance Advantage Fund Direct-Growth Investment Details
Minimum Investment (Rs.) | 500.00 |
Minimum Additional Investment (Rs.) | 500.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load Exit load of 1% if redeemed within 1 year. |
Portfolio Allocation
Equity
Debt
Asset Allocation
Loading...Asset Allocation History
Loading...EquityDebtCashSector Allocation
Loading...Market Cap Allocation
Loading...Concentration & Valuation Analysis
JUL 2024 JUN 2024 MAY 2024 APR 2024 MAR 2024 FEB 2024 Number of Holdings 33 31 31 32 32 33 Top 5 Company Holdings 44.67% 44.74% 42.56% 38.24% 34.96% 34.87% Top 10 Company Holdings 67.47% 67.35% 64.27% 61.02% 57.03% 57.65% Company with Highest Exposure Star Health and Allied Insurance Company (9.7%) Star Health and Allied Insurance Company (9.26%) ZF Commercial (9.64%) Star Health and Allied Insurance Company (9.23%) Star Health and Allied Insurance Company (8.86%) Star Health and Allied Insurance Company (9.02%) Number of Sectors 10 9 9 9 9 9 Top 3 Sector Holdings 44.81% 43.63% 40.76% 37.9% 37.43% 37.02% Top 5 Sector Holdings 62.23% 59.56% 55.7% 54.33% 52.14% 52.65% Sector with Highest Exposure Services (16.42%) Services (15.69%) Automobile (17.06%) Services (14.64%) Services (15.84%) Services (16.05%)
Top Stock Holdings
Sector Holdings in MF
Debt Holdings in Portfolio
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Star Health and Allied Insurance Company Insurance 9.7 - - - Religare Enterprises Financial 9.18 122.97 2.14 18.27 ZF Commercial Automobile 8.91 72.66 214.13 17.51 Samvardhana Motherson Automobile 8.48 42.44 4.59 105.28 FSN E-Commerce Ventures Services 8.4 - - - Fino Payments Bank Financial 5.7 - - - L&T Technology Services Technology 5.09 46.37 123.42 30.33 Piramal Enterprises Healthcare 4.92 -11.76 -89.18 -3.54 Dreamfolks Services Services 4.38 - - - Infosys Technology 2.55 30.16 64.20 36.98
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Motilal Oswal Balance Advantage Fund Direct-Growth 25.12 1,270.57 5.34 27.73 15.47 14.70 HDFC Balanced Advantage Fund Direct Plan-Growth 549.79 94,048.24 0.86 38.74 25.95 22.79 Sundaram Balanced Advantage Fund Direct-Growth 40.17 1,572.95 1.44 25.28 14.01 16.38 HDFC Dynamic PE Ratio FoF Direct- Growth 43.26 47.84 1.14 23.33 16.61 17.62 Edelweiss Balanced Advantage Fund Direct-Growth 57.15 12,117.03 1.76 29.21 14.87 18.55
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
10.48VS7.59Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.53VS0.57Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.81VS1.20Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
15.98VS15.65Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
2.96VS2.89Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
14.06VS14.42Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Motilal Oswal Mutual Fund News
Fund Manager
- S.S.Santosh SinghSince Jan 20225 schemes
- R.S.Rakesh ShettySince Nov 202226 schemes
Mr. Singh has done B.SC, CA and has cleared CFA Level 2 Prior to joining Motilal Oswal Mutual Fund, he has worked with Espirito santo securities, HAITONG, Execution Noble, SG CIB, Clear Capital and ICICI Lombard
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Motilal Oswal Focused Fund Direct-Growth Flexi Cap 58.41 2,075.36 41.86 Motilal Oswal Multi Asset Fund Direct - Growth Multi Asset Allocation 15.01 105.01 18.12 Motilal Oswal Manufacturing Fund Direct-Growth Thematic 10.43 Unrated 0.00 - Motilal Oswal Multi Cap Fund Direct - Growth Multi Cap 11.78 Unrated 1,326.42 - Motilal Oswal Large Cap Fund Direct - Growth Large Cap 12.77 Unrated 1,076.70 - Mr. Shetty has done B.Com Prior to joining Motilal Oswal Mutual Fund, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.
More Motilal Oswal Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Motilal Oswal Flexi Cap Fund Direct-Growth | 9,423.60 | 4.76 | 10.96 | 17.74 | 49.69 | 14.24 | |
Motilal Oswal Midcap Fund Direct-Growth | 8,481.46 | 4.22 | 10.53 | 19.43 | 54.70 | 32.90 | |
Motilal Oswal Nasdaq 100 FOF Direct - Growth | 4,612.29 | 2.00 | 12.24 | 18.07 | 50.16 | 16.38 | |
Motilal Oswal Large and Midcap Fund Direct - Growth | 3,476.97 | 1.13 | 7.71 | 18.10 | 49.33 | 24.44 | |
Motilal Oswal S&P 500 Index Fund Direct - Growth | 3,172.93 | 1.53 | 9.96 | 13.91 | 32.28 | 14.92 | |
Motilal Oswal ELSS Tax Saver Fund Direct-Growth | 3,119.69 | 0.98 | 10.27 | 21.47 | 50.45 | 22.31 | |
Motilal Oswal Focused Fund Direct-Growth | 1,791.87 | 1.31 | 3.44 | 7.51 | 29.78 | 11.26 | |
Motilal Oswal Small Cap Fund Direct - Growth | 1,490.82 | -3.06 | - | - | - | - | |
Motilal Oswal Nifty Midcap 150 Index Fund Direct - Growth | 1,379.00 | -0.44 | 8.25 | 15.71 | 54.89 | 25.48 | |
Motilal Oswal Balance Advantage Fund Direct-Growth | 1,245.53 | -0.59 | 1.61 | 1.33 | 28.14 | 10.47 |
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1. Motilal Oswal Balance Advantage Fund - Direct Plan is Open-ended Dynamic Asset Allocation Hybrid scheme which belongs to Motilal Oswal Mutual Fund House.
2. The fund was launched on Sep 27, 2016.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate long term capital appreciation by investing in equity and equity related instruments including equity derivatives & International Stocks, debt, money market instruments. "
2. It is benchmarked against CRISIL Hybrid 50+50 Moderate Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 63.37% in equities, 15.65% in debts and 20.98% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 67.31% of the assets, the top 3 sectors constitute around 44.81% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
4. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
Tax Implications on Motilal Oswal Balance Advantage Fund Direct-Growth
Hybrid funds which usually invest 65% or more in equity & equity-related instruments will be taxed like Equity funds and those which invest up to 35% in equity & equity-related instruments will be taxed like the new taxation structure of debt funds. Also, the hybrid funds which invest between 35-65% in equity & equity-related instruments will be taxed as per the old taxation structure of debt funds. Generally, tax implications are based on the average asset allocation of the last 12 months in which the fund has invested. However, since the market is dynamic, asset allocation towards equity may increase or decrease depending on the prevailing market & economic conditions. So, the tax treatment of the given fund will vary accordingly and will be determined by its asset allocation. Below are the tax implications from the equity as well as debt side:
For Hybrid funds with 65% and above allocation in equity & equity related instruments:
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of up to Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
For Hybrid funds with 35-65% allocation in equity & equity related instruments:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
For Hybrid funds with 0-35% allocation in equity & equity related instruments:
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Motilal Oswal Balance Advantage Fund Direct-Growth
- Is it safe to invest in Motilal Oswal Balance Advantage Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Motilal Oswal Balance Advantage Fund - Direct Plan comes under Very High risk category.
- What is the category of Motilal Oswal Balance Advantage Fund - Direct Plan?Motilal Oswal Balance Advantage Fund - Direct Plan belongs to the Hybrid : Dynamic Asset Allocation category of funds.
- How Long should I Invest in Motilal Oswal Balance Advantage Fund - Direct Plan?The suggested investment horizon of investing into Motilal Oswal Balance Advantage Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Motilal Oswal Balance Advantage Fund - Direct Plan?The Motilal Oswal Balance Advantage Fund - Direct Plan is managed by Santosh Singh (Since Jan 01, 2022) and Rakesh Shetty (Since Nov 22, 2022).
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