Overview
HSBC Balanced Advantage Fund Direct Growth
HSBC Mutual Fund
The scheme seeks to generate long term capital growth and income through investments in equity and equity related securities and fixed income instruments.
Investments in HSBC 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
₹ 48.6605
Fund Size (AUM)
₹1470.55 Cr
Risk
Moderately High (Risk rating: 4/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹500
Launch Date
01-Jan-2013
Expense Ratio
0.77%
Exit Load
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
7.11
History
Performance & Ratios
1-Year SIP Return
3.45%
3-Year SIP Return
13.04%
5-Year SIP Return
12.02%
Mean Return
N/A
Alpha
2.22
Beta
0.61
Sharpe Ratio
0.75
Sortino Ratio
1.19
Information Ratio
0.05
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 10.32% | 12.39% | 14.01% | N/A |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 18 | 13 | 16 | N/A |
Holdings (84)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.61% |
| HDFC Bank Ltd. | Financial | Equity | 5.17% |
| Axis Bank Ltd. | Financial | Equity | 3.96% |
| Infosys Ltd. | Technology | Equity | 3.52% |
| GOI | Sovereign | GOI Sec | 3.43% |
| GOI | Sovereign | GOI Sec | 2.89% |
| GOI | Sovereign | GOI Sec | 2.84% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 2.8% |
| Tata Power Company Ltd. | Energy | Equity | 2.64% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.39% |
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: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 12
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 6
AMC Details
Asset Management Company
HSBC Mutual Fund
HSBC Mutual Fund started their mutual fund on 27/05/2002 and its managing total assets of Rs. 10,912 Cr. Its ranked at 23 as per total assets at end of 30th Sep 2017. HSBC 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.
HSBC Mutual Fund was established on 27th May 2002 has an asset under management of Rs. 10621.84 crore (As of June 2018)
The asset management company believes in providing well-engineered products to its customers and they also target on developing an adequate solution base for their client.
The motto of the company is to connect customers to companies, so that their investor community may prosper. HSBC claims to work in a goal oriented format to bring about the best possible financial services to its investors. In this regard, HSBC offers a wide array of mutual funds across various categories so that may appeal to investors irrespective of their risk appetite, investment duration and even salary.
With a global presence in 26 locations, HSBC aims to bring about the best possible investment service to retail investors.
Launch Date
2002-05-27T00:00:00.047Z
Total AUM
₹ 115577.25 Cr
Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
None
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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HSBC Balanced Advantage Fund Direct Growth
HSBC Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for HSBC 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 HSBC Balanced Advantage Fund Direct Growth?
The top stocks held by HSBC Balanced Advantage Fund Direct Growth include ICICI Bank Ltd., HDFC Bank Ltd., Axis Bank Ltd..
Which industries does HSBC Balanced Advantage Fund Direct Growth invest in?
HSBC Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Technology, Sovereign.
Who is the fund manager of HSBC Balanced Advantage Fund Direct Growth?
The fund manager of HSBC Balanced Advantage Fund Direct Growth is Asif Rizwi.
How many years has the fund manager been managing HSBC Balanced Advantage Fund Direct Growth?
Asif Rizwi: Calculating...
What is the minimum investment for HSBC Balanced Advantage Fund Direct Growth?
The minimum investment for HSBC Balanced Advantage Fund Direct Growth is ₹5000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for HSBC Balanced Advantage Fund Direct Growth?
Calculating...
What are the average 3-year returns for HSBC Balanced Advantage Fund Direct Growth?
Calculating...
What is the expense ratio of HSBC Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of HSBC Balanced Advantage Fund Direct Growth is 0.77%. The average expense ratio for similar funds in the Hybrid is Calculating....