The investment objective of the scheme is to capitalize on the potential upside of equities 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.
Disclaimer: However, there is no assurance that the investment objective of the Scheme will be achieved.
Nimesh Chandan has over 24 years of experience in the Indian Capital Markets. He has spent 18 years in Fund Management- managing and advising domestic and international investors, retail as well as institutional. Prior to joining Bajaj Finserv Asset Management Ltd., he has worked with Canara Robeco Asset Management as Head of Investments, Equities (Domestic and Offshore). He has also worked with other asset management companies including Birla Sunlife Asset Management, SBI Asset Management and ICICI Prudential Asset Management.
Sorbh Gupta has over 16 years of experience in the Indian Capital Markets. In November 2022, he was appointed as Head – Equity at Bajaj Finserv Asset Management Limited. Prior to joining Bajaj Finserv Asset Management Limited, he was associated with Quantum Asset Management Company Private Ltd. He has also worked with other financial companies such as Siddhesh Capital Markets Pvt. Ltd. and Pranav Securities Pvt. Ltd.
Siddharth Chaudhary joined the Company in July 2022 as a Senior Fund Manager – Fixed Income. Prior to this, he was associated with Sundaram Asset Management Co. Ltd from April 2019 - July 2022 as Head Fixed Income – Institutional Business. From April 2017 – March 2019, he served as a Head – Fixed Income, and from August 2010 – March 2017 as a Fund Manager – Fixed Income with Sundaram Asset Management Co. Ltd. During June 2006 – September 2010, he was working as Senior Manager, Treasury Dept in Indian Bank.
Equity and equity-related instruments#:
Maximum: 90%, Minimum: 65% (Risk profile – Very high)
Debt and money market instruments and units of mutual fund schemes:
Maximum: 35%, Minimum: 10% (Risk profile – Low to moderate)
#The gross equity and equity related exposure would be normally maintained between 65%-100%, the net equity exposure can be brought down below 65% through various derivative strategies. For detailed asset allocation, please refer to the Scheme Information Document
Bajaj Finserv Balanced Advantage Fund
An Open Ended Dynamic Asset Allocation Fund
Lumpsum: Rs. 500 and in multiples of Re. 1.
Systematic Investment Plan (SIP):
From Rs. 500 up to Rs. 1,000: minimum 60 instalments.
Above Rs. 1,000: minimum 6 instalments.
Not applicable
1% of applicable NAV if excess of 8% of units allotted redeemed/switched out within
6 months from the date of allotment.
Nil, if redeemed/switched out after 6 months from the date of allotment.
The scheme will not levy exit load in case the timelines for rebalancing portfolio as stated in
SEBI circular dated March 30, 2022 is not complied with.
to view Total Expense Ratio
A Balanced Advantage Fund is a hybrid mutual fund investing in both debt and equity-related instruments. The allocation is decided as per the fund manager’s investment strategy and the scheme’s investment objective – there is no minimum allocation requirement.
The equity component of the fund can help generate potential capital appreciation, while the debt component can potentially mitigate risk and lend relative stability to the portfolio. The fund’s risk level can range from moderate to very high, depending on the typical equity-debt ratio.
A balanced advantage fund, as per SEBI, is a hybrid fund that can dynamically manage its investments between debt and equity. This means that there are no regulatory limits on how much percentage of the balanced fund portfolio should be allocated to either asset class – the fund is free to determine their asset allocation pattern based on their strategy, investment objectives and market outlook.
One should invest in Bajaj Finserv Balanced Advantage Fund because the fund’s investment approach is rooted in the principle that the equities market is influenced by both fundamental and behavioural factors. Fundamental factors include economic variables (GDP growth, interest rates, inflation, industrial production, current account deficit, etc.) and corporate aggregates (revenue outlook, earnings outlook, balance-sheet strength, etc.). Behavioural Factors on the other hand, encompass elements such as investor sentiment, herd behaviour, underlying biases, and other similar considerations. Additionally, our fund management team also simultaneously monitors behavioural elements prevalent in the market, utilizing an internally built composite indicator. This indicator is based on multiple factors which captures trends in different markets such as currency fluctuations, commodities trends, fixed income premiums of key securities, and prevailing liquidity momentum in the market.
No market-based investment is risk-free and there is no guaranteed safety. When the market is doing well or if you have a surplus of cash, a lumpsum investment could potentially yield good returns. On the other hand, SIPs can help build wealth over time through small but regular investments. They could also potentially help lower risk somewhat amid volatility though rupee cost averaging. To better understand how these regular investments can accumulate, an SIP calculator can assist you in projecting your future returns based on your investment amount and duration.
The Bajaj Finserv Balanced Advantage Fund can be suitable for investors who have a long-term investment horizon, are comfortable with some amount of risk, want a professional managed portfolio and seek potential capital appreciation with mitigation of risk through diversification and dynamic allocation between debt and equity.
The Net Asset Value or NAV of a scheme is updated daily as it is based on the market performance of the scheme’s underlying assets and the fund’s liabilities. The Bajaj Finserv Balanced Advantage Fund NAV on a given day can be seen on the scheme page.
BAF is suitable investment option for investors who want to build wealth over time and are comfortable taking some risk but also want to diversify their portfolio with some low-risk assets. The fund’s flexibility to choose its allocation pattern can help it capitalise on the potential upside of the equity market while lowering the downside through debt instruments and money market investments, among others.
You can invest both online and offline. For step-by-step guidance, visit the Bajaj Finserv AMC website or consult your mutual fund distributor.
Assets Under Management (AUM) figures are updated periodically. For the latest data, please refer to the fund factsheet or the official AMC website.
Risk levels are disclosed as per SEBI guidelines and may be revised from time to time. Please check the current Riskometer status on the scheme’s product page.
Top holdings may change based on market conditions. For the latest portfolio composition, refer to the most recent monthly Factsheet.
The fund follows a dynamic allocation strategy. Detailed asset allocation can be found in the monthly factsheet or the Portfolio – Current allocation section of this page.
Returns vary over time and are influenced by market performance. Please visit the AMC website or refer to a financial platform or latest fund factsheet for the most recent performance data.
This fund typically does not have a lock-in period. However, exit loads may apply—please check the latest scheme terms for details.
Expense ratios differ for Direct and Regular plans and are reviewed periodically. For current figures, please consult the latest fund factsheet or the AMC website.
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Our Investment Philosophy reflects what we, as an organisation, believe will generate a good return on equity investment for our investors in the long term. It dictates our goals and guides decision making.
Alpha (a) is a term used in investing to describe an investment strategy’s ability to beat the market.
Alpha is thus also often referred to as excess return or the abnormal rate of return in relation to a benchmark, when adjusted for risk. Essentially, it means doing better than the crowd without taking disproportionate risk.
Collecting superior information
Analysts and portfolio managers strive to collect superior information about the business and the management of the company. They try to generate superior earnings forecast and the balance strength of the company and the industry, thereby trying to 'beat the market' on information edge. This is an important source of alpha for an investor. However, over the years, retaining the information edge has become more difficult and expensive. With a whole lot of investors trying to collect superior information, how can an investor be sure to continuously have accurate and material information about the companies, ahead of others, all the time?
Processing information better
Even if you don't have material information earlier than the crowd, you can still generate better outcomes if you are able to process this information better. Investors develop models and algorithms with enhanced predictive powers to forecast the next move. Fund managers who invest based on some pure formal analytical models are quantitative managers. Here, the goal is to try and beat other investors based on the sophistication of procedures or analytics. The analytical edge can be quite useful until it gets copied by many, and then it may stop generating superior returns.
Exploiting behavioural biases
As the name suggests, this edge is achieved by superior behaviour in reacting to the inputs available to maximise alpha. Modern finance assumes people behave with extreme rationality. However, researchers in behavioural finance have shown that this is not true. Moreover, these deviations from rationality are often systematic. Behavioural managers try to exploit situations where securities are mispriced by the market because of behavioural factors. At Bajaj Finserv AMC, we endeavour to combine the best of these edges.
