Reliance Balanced Advantage Fund- Direct Plan
Scheme Type
Open-ended
Scheme Category
Dynamic Asset Allocation
Benchmark Type
S&P BSE 200
Scheme AUM (in Crs.)
₹ 1310.53
Expense Ratio
1.21%
Scheme Class
Hybrid
AMC AUM (in Crs.)
₹ 236256
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
AMC Details
Launch Date
30 Jun 1995
Sponsor
NA
Email
customer_care@reliancemutual.com
Phone
022 - 33031000
Address
11th floor & 12th floor, One Indiabulls Centre, Tower 1,Jupiter Mills Compound,841, Senapati Bapat Marg,,Elphinstone Road,, Mumbai - 400013
Tax Implications
Short Term Capital Gain (Holding period < 12months):
Rates applicable to the Investor as per Tax slab.
Long Term Capital Gain:
22.88% - 23.92%
(20% with Indexation Benefit + Surcharge @ 10%-15% + 4% Health & Education Cess)
Taxation on Dividends:
28.84%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
Exit load of 1%, if redeemed between (0-12) months. No Exit load, if redeemed after 12 months.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The investment objective of the scheme is 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. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Suitability
This product is suitable for investors who are seeking
• Long term capital growth.
• Investment in equity and equity related instruments primarily drawn from companies of S&P BSE 200 Index.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
₹1,000
Investment per month for 0.5 Years
₹6,042
Portfolio Value
₹42
Total Returns
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Mutual Funds investments are subject to market risks, read all scheme related documents carefully.