Fund Details
HDFC Balanced Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.02% |
| NAV | ₹147.07 (01 Jun 2018) |
|---|---|
| Fund Started | 11 Sep 2000 |
| Fund Size | ₹20,081 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Higher expense ratio - 2.02254211%
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.5% |
| Infosys Ltd. | Technology | Equity | 3.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.4% |
| ITC Ltd. | FMCG | Equity | 3.3% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.1% |
| ICICI Bank Ltd. | Financial | Equity | 3.0% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 1.9% |
| Indusind Bank Ltd. | Financial | Equity | 1.8% |
| Axis Bank Ltd. | Financial | Equity | 1.8% |
| Voltas Ltd. | Cons Durable | Equity | 1.8% |
Fund Managers
HDFC Balanced Fund Growth Details
HDFC Balanced Fund Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 11 Sep 2000. Chirag Setalvad is the Current Fund Manager of HDFC Balanced Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹20,081 Cr and the Latest NAV as of 01 Jun 2018 is ₹147.07.
The HDFC Balanced Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. For units in excess of 15% of the investment, 1% will be charged for redemption within 365 days
Investment Objective
The scheme seeks to generate capital appreciation with current income from a combined portfolio of equity and debt instruments. Under normal circumstances the scheme would take 60 % exposure to equity instruments while the balance would be allocated to debt instruments.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
