Overview
HDFC Balanced Advantage Fund Direct Growth
HDFC Mutual Fund
The Scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
Investments in HDFC Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 541.109
Fund Size (AUM)
₹94824.34 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
01-Jan-2013
Expense Ratio
0.88%
Exit Load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 year.
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
9.87
History
Performance & Ratios
1-Year SIP Return
0.13%
3-Year SIP Return
18.55%
5-Year SIP Return
21.79%
Mean Return
17.51%
Alpha
8.69
Beta
0.87
Sharpe Ratio
1.33
Sortino Ratio
2.56
Information Ratio
2.04
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 10.74% | 19.79% | 26.81% | 12.89% |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 20 | 1 | 1 | N/A |
Holdings (372)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 5.38% |
| ICICI Bank Ltd. | Financial | Equity | 3.94% |
| Reliance Industries Ltd. | Energy | Equity | 3.32% |
| Infosys Ltd. | Technology | Equity | 3.24% |
| State Bank of India | Financial | Equity | 3.12% |
| NTPC Ltd. | Energy | Equity | 2.65% |
| Bharti Airtel Ltd. | Communication | Equity | 2.65% |
| GOI | Sovereign | GOI Sec | 2.5% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.45% |
| Coal India Ltd. | Energy | Equity | 2.35% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
AMC Details
Asset Management Company
HDFC Mutual Fund
HDFC Mutual Fund started their mutual fund on 30/06/2000 and its managing total assets of ₹2,70,046 Cr. Its ranked at 2 as per total assets at end of 30th Sep 2017. HDFC Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
It is the largest asset management company (AMC) in the country (as per average assets under management as on 31 December 2018 of Rs. 339,178 Crores
Launched on the 10th of December, 1999, HDFC Asset Management Company Ltd. is among the most popular fund houses in India. The company offers an extensive range of mutual funds and is home to some of the most trustworthy fund managers who ensure that your hard-earned money is invested in the right schemes. Whether you seek growth funds, income funds, or even retirement funds, HDFC AMC Ltd. has it all.
HDFC Mutual Fund has left no stone unturned to cater to investors from all walks of life. Be it any financial goal – long-term, short-term, retirement, tax-saving and so on – HDFC has that plan for you.
Launch Date
1999-12-10T00:00:00.677Z
Total AUM
₹ 762037.7 Cr
Address
"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Phone
022 – 66316333
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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HDFC Balanced Advantage Fund Direct Growth
HDFC Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for HDFC Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of HDFC Balanced Advantage Fund Direct Growth?
The top stocks held by HDFC Balanced Advantage Fund Direct Growth include HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd..
Which industries does HDFC Balanced Advantage Fund Direct Growth invest in?
HDFC Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Energy, Technology.
Who is the fund manager of HDFC Balanced Advantage Fund Direct Growth?
The fund manager of HDFC Balanced Advantage Fund Direct Growth is Nandita Menezes.
How many years has the fund manager been managing HDFC Balanced Advantage Fund Direct Growth?
Nandita Menezes: Calculating...
What is the minimum investment for HDFC Balanced Advantage Fund Direct Growth?
The minimum investment for HDFC Balanced Advantage Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for HDFC Balanced Advantage Fund Direct Growth?
Calculating...
What are the average 3-year returns for HDFC Balanced Advantage Fund Direct Growth?
Calculating...
What is the expense ratio of HDFC Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of HDFC Balanced Advantage Fund Direct Growth is 0.88%. The average expense ratio for similar funds in the Hybrid is Calculating....