IDLC Balanced Fund (IBF)

Balanced+ dividends

IDLC Balanced Fund (IBF) returned 9.77% a year over the last 3 years, with cash dividends reinvested, based on NAV history through 31 Aug 2026.

Open-end balanced mutual fund in Bangladesh, managed by IDLC Asset Management Limited (IDLC AML). Tracked since Jul 2019, with dividends reinvested by default or taken as cash.

৳12.02NAV per unit
৳60 crFund size
7.2 yrsSince Jul 2019
+8.17%Per year, since launch
Start 100Now 174

Total-return path since Jul 2019, dividends reinvested.

Index, not taka.

See the numbers behind this chart
Month-by-month total-return index for IDLC Balanced Fund, dividends reinvested
MonthTotal-return index
Jul 2019100.00
Aug 2019100.00
Sep 2019100.00
Oct 2019106.50
Nov 201995.20
Dec 201992.10
Jan 202090.20
Feb 202091.00
Mar 202089.70
Apr 202089.70
May 202089.70
Jun 202089.70
Jul 202091.20
Aug 202091.20
Sep 202091.20
Oct 2020100.10
Nov 2020103.60
Dec 2020114.10
Jan 2021129.10
Feb 2021123.30
Mar 2021123.30
Apr 2021123.30
May 2021128.20
Jun 2021126.30
Jul 2021116.20
Aug 2021120.70
Sep 2021130.40
Oct 2021140.70
Nov 2021141.90
Dec 2021140.20
Jan 2022140.20
Feb 2022141.90
Mar 2022138.80
Apr 2022138.60
May 2022133.10
Jun 2022134.60
Jul 2022111.90
Aug 2022114.50
Sep 2022115.80
Oct 2022135.30
Nov 2022136.90
Dec 2022137.20
Jan 2023137.70
Feb 2023138.10
Mar 2023139.10
Apr 2023140.30
May 2023139.90
Jun 2023139.60
Jul 2023139.60
Aug 2023131.80
Sep 2023131.40
Oct 2023140.60
Nov 2023140.70
Dec 2023141.00
Jan 2024140.10
Feb 2024142.50
Mar 2024136.40
Apr 2024133.30
May 2024128.70
Jun 2024133.90
Jul 2024133.90
Aug 2024146.80
Sep 2024144.30
Oct 2024139.70
Nov 2024142.20
Dec 2024142.20
Jan 2025144.00
Feb 2025145.20
Mar 2025149.60
Apr 2025147.00
May 2025144.50
Jun 2025148.20
Jul 2025152.70
Aug 2025157.70
Sep 2025155.80
Oct 2025161.60
Nov 2025159.90
Dec 2025159.90
Jan 2026165.80
Feb 2026175.10
Mar 2026173.80
Apr 2026173.90
May 2026173.80
Jun 2026181.10
Jul 2026175.40
Aug 2026174.40

Latest NAV date: 31 Aug 2026.Source: IDLC Asset Management Limited (IDLC AML)'s website.Figures as of 31 Aug 2026.

Historical returns

Total return reinvests every dividend. “Per year” is the annualized compound rate. The last column is the return on a fixed amount invested every month (SIP).

Return period Total return Per year Monthly SIP /yr
6 months-0.41%-0.83%-2.13%
Year to date+9.07%+13.92%+3.52%
1 year+10.57%+10.57%+8.46%
2 years+18.76%+8.98%+11.48%
3 years+32.28%+9.77%+10.90%
5 years+44.52%+7.64%+8.35%
Max (7.2 yrs)+74.38%+8.17%+8.65%

Bars in each column are relative to the largest figure in that column, not a 0 to 100% scale.

Figures as of 31 Aug 2026 Total return includes the fund’s cash dividends (about 5%/yr), reinvested by default.

Rolling returns & path risk

A single look-back can flatter or punish a start date. These figures walk the whole history.

Rolling window Latest Median Best Worst Windows
1 year+10.59%+9.68%+43.13%-11.20%74
3 years+9.79%+7.31%+16.08%-0.24%50

Each window is annualized total return (dividends reinvested). Latest is the most recent closed window; median / best / worst summarize every overlapping window of that length. Tap ? on a column header for a short tip.

Path risk over the same fixed 3-year window as the rating:

5.7%Downside deviation
-10%Worst drop
92%Positive 12-mo windows
11.0%Volatility (ann.)

Downside deviation only counts losing months. Worst drop is the deepest peak-to-trough fall inside the window. These are measured facts from the NAV series; the star composite that uses them stays experimental.

Calculate your return

Just this fund. Set an amount, pick one-time or monthly, and choose a period.

৳
Dividends
See the numbers behind this chart
Month-by-month value of a ৳1,000 lump sum in IDLC Balanced Fund, dividends reinvested
MonthValue of ৳1,000
Jul 2019৳1,000
Aug 2019৳1,000
Sep 2019৳1,000
Oct 2019৳1,065
Nov 2019৳952
Dec 2019৳921
Jan 2020৳902
Feb 2020৳910
Mar 2020৳897
Apr 2020৳897
May 2020৳897
Jun 2020৳897
Jul 2020৳912
Aug 2020৳912
Sep 2020৳912
Oct 2020৳1,001
Nov 2020৳1,036
Dec 2020৳1,141
Jan 2021৳1,291
Feb 2021৳1,233
Mar 2021৳1,233
Apr 2021৳1,233
May 2021৳1,282
Jun 2021৳1,263
Jul 2021৳1,162
Aug 2021৳1,207
Sep 2021৳1,304
Oct 2021৳1,407
Nov 2021৳1,419
Dec 2021৳1,402
Jan 2022৳1,402
Feb 2022৳1,419
Mar 2022৳1,388
Apr 2022৳1,386
May 2022৳1,331
Jun 2022৳1,346
Jul 2022৳1,119
Aug 2022৳1,145
Sep 2022৳1,158
Oct 2022৳1,353
Nov 2022৳1,369
Dec 2022৳1,372
Jan 2023৳1,377
Feb 2023৳1,381
Mar 2023৳1,391
Apr 2023৳1,403
May 2023৳1,399
Jun 2023৳1,396
Jul 2023৳1,396
Aug 2023৳1,318
Sep 2023৳1,314
Oct 2023৳1,406
Nov 2023৳1,407
Dec 2023৳1,410
Jan 2024৳1,401
Feb 2024৳1,425
Mar 2024৳1,364
Apr 2024৳1,333
May 2024৳1,287
Jun 2024৳1,339
Jul 2024৳1,339
Aug 2024৳1,468
Sep 2024৳1,443
Oct 2024৳1,397
Nov 2024৳1,422
Dec 2024৳1,422
Jan 2025৳1,440
Feb 2025৳1,452
Mar 2025৳1,496
Apr 2025৳1,470
May 2025৳1,445
Jun 2025৳1,482
Jul 2025৳1,527
Aug 2025৳1,577
Sep 2025৳1,558
Oct 2025৳1,616
Nov 2025৳1,599
Dec 2025৳1,599
Jan 2026৳1,658
Feb 2026৳1,751
Mar 2026৳1,738
Apr 2026৳1,739
May 2026৳1,738
Jun 2026৳1,811
Jul 2026৳1,754
Aug 2026৳1,744
৳1,000 · Jul 2019৳1,744 · 31 Aug 2026

Total-return NAV rebased to your amount. Dividends are reinvested by default; switch to taken as cash above.

Fund details

Management fee2.50% down to 1.00% per year (tiered by fund size)
Early-exit feeExit load 3% of Investor's Sale Price if surrendered before 90 calendar days (SIP clock from first installment); no entry load
Minimum investmentBDT 5,000 individual / BDT 50,000 institution
LiquidityOpen-end, redeemable weekly at NAV
Asset managerIDLC Asset Management Limited (IDLC AML)
SponsorIDLC Finance PLC
TrusteeInvestment Corporation of Bangladesh (ICB)
CustodianInvestment Corporation of Bangladesh (ICB)
Face valueBDT 10 per unit

What IDLC Balanced Fund holds

As of 30 Jun 2026

From the fund’s quarterly portfolio disclosure. Percentages by market value.

Asset mix
Listed equity 46.11%Government treasury bond 42.66%FDR / term deposit 5.17%Cash at bank 5.05%Corporate bond 1.02%
Sector allocation
Bank23.65%
Pharmaceuticals & Chemicals10.99%
Telecommunication9.72%
Cement1.74%
Top holdings
20Y BGTB 28/05/2045 · 845,00013.49%
avg cost ৳100.85 · stmt mkt ৳100.85
BRAC Bank12.98%
avg cost ৳48.68 · stmt mkt ৳65.50
Beximco Pharmaceuticals10.99%
avg cost ৳123.38 · stmt mkt ৳140.60
City Bank10.67%
avg cost ৳29.35 · stmt mkt ৳32.00
Robi Axiata9.72%
avg cost ৳32.72 · stmt mkt ৳32.60
20Y BGTB 28/05/2045 · 424,0006.61%
avg cost ৳98.58 · stmt mkt ৳98.58
20Y BGTB 28/12/20426.39%
avg cost ৳89.69 · stmt mkt ৳89.69
Mutual Trust Bank term deposits5.17%
20Y BGTB 25/01/2043 · 360,0004.53%
avg cost ৳79.47 · stmt mkt ৳79.47
20Y BGTB 28/05/2045 · 168,0003.03%
avg cost ৳114.05 · stmt mkt ৳114.05
20Y BGTB 25/01/2043 · 240,0002.87%
avg cost ৳75.50 · stmt mkt ৳75.50
LafargeHolcim Bangladesh1.74%
avg cost ৳50.82 · stmt mkt ৳56.02
20Y BGTB 28/07/2044 · 106,0001.68%
avg cost ৳100.00 · stmt mkt ৳100.00
20Y BGTB 28/07/2044 · 96,0001.52%
avg cost ৳100.00 · stmt mkt ৳100.00
20Y BGTB 28/07/2044 · 95,0001.50%
avg cost ৳100.11 · stmt mkt ৳100.11
20Y BGTB 25/01/2043 · 70,0001.04%
avg cost ৳93.71 · stmt mkt ৳93.71
APSCL corporate bond1.02%
avg cost ৳1,226.86 · stmt mkt ৳1,116.11

Each bar is sized against the largest name in this list, so you can compare them to each other. The percentage is still that name’s share of the whole fund.

Its 5 largest holdings are 57.85% of the fund.

What changed in the latest statement

31 Mar 2026 → 30 Jun 2026before now

+ Robi Axiata · new, 9.72%+ LafargeHolcim Bangladesh · new, 1.74%− Bank Asia · no longer held
BRAC Bank11.26% → 12.98%
20Y BGTB 28/05/2045 · 845,00014.87% → 13.49%

Asset mix: Listed equity 42.05% → 46.11%; Government treasury bond 46.97% → 42.66%.

Its 5 largest holdings went from 56.91% to 57.85% of the fund.

Position sizes shift with both trading and market prices; both snapshots come from the fund manager’s own statements.

✓ Verified from IDLC quarterly portfolio statement (30 Jun 2026). Holdings are disclosed quarterly, so they can lag the latest daily NAV.

Side by side with another fund

Questions about IDLC Balanced Fund (IBF)

What kind of fund is IDLC Balanced Fund?
IDLC Balanced Fund is an open-end balanced mutual fund in Bangladesh, managed by IDLC Asset Management Limited (IDLC AML). You buy and redeem units at its published net asset value (NAV), and it has no fixed maturity.

What is the historical return of IDLC Balanced Fund?
Over roughly 7.2 years to 31 Aug 2026, IDLC Balanced Fund returned about +8.17% per year, as a total return with dividends reinvested. The figure changes with the period you choose, and past performance does not guarantee future results.

What are the fees for IDLC Balanced Fund?
IDLC Balanced Fund charges a management fee of 2.50% down to 1.00% per year (tiered by fund size). Its published NAV, and so every return shown, is already net of this fee.

Does IDLC Balanced Fund have an exit load?
Exit load 3% of Investor's Sale Price if surrendered before 90 calendar days (SIP clock from first installment); no entry load.

What is the minimum investment for IDLC Balanced Fund?
IDLC Balanced Fund has a one-time minimum of BDT 5,000 individual / BDT 50,000 institution and a monthly SIP from BDT 5,000/month.

Is IDLC Balanced Fund Shariah-compliant?
No. IDLC Balanced Fund is a conventional open-end fund, not Shariah-certified. ReturnKoto? has a one-tap filter to show only Shariah funds.

Compare IDLC Balanced Fund (IBF) with other funds →
ExperimentalReturnKoto? ratingstill being calibrated

Rules-based rating for each fund. Experimental; treat as one input for your own research. Every sub-score is on the ratings page.

3 of 52nd of 10 balanced funds

A rules-based score over the same fixed 3-year window every fund is measured on: return against its benchmark, downside deviation, worst drop and consistency, on a scale set for balanced funds.

5-year rating: 3 of 5 over the same fixed 5-year window (2nd of 8).

Stars capped at 3: over this window its return did not beat both of its yardsticks, the 91-day T-bill and (for equity funds) the DSEX index.

Return / year (3 yr)
+7.90%
Downside deviation
5.7%
Worst drop
-10%
Consistency
92%
Versus the market (DSEX)

Beta 0.33 · has moved largely independently of the DSEX market index (low correlation: it explains only about 11% of its month-to-month swings).

✓ Rules-based, measured from the fund’s own NAV history. How the rating will work.