| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.07% |
| NAV | ₹22.84 (13 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹35,429 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.8% |
| State Bank of India | Financial | Equity | 7.3% |
| Larsen & Toubro Ltd. | Construction | Equity | 6.4% |
| Power Grid Corporation of India Ltd. | Energy | Equity | 5.2% |
| ITC Ltd. | FMCG | Equity | 5.2% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 4.9% |
| Infosys Ltd. | Technology | Equity | 4.4% |
| Coal India Ltd. | Energy | Equity | 4.3% |
| State Bank of India | Financial | Bonds | 4.1% |
| Power Finance Corpn. Ltd. | Financial | Equity | 2.9% |
HDFC Balanced Advantage Fund Direct Plan Dividend Monthly is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Prashant Jain, Rakesh Vyas is the Current Fund Manager of HDFC Balanced Advantage Fund Direct Plan Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹35,429 Cr and the Latest NAV as of 13 Jul 2020 is ₹22.84.
The HDFC Balanced Advantage Fund Direct Plan Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 15% of the investment, 1% will be charged for redemption within 1 year.
Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
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.