| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.07% |
| NAV | ₹183.69 (06 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹33,772 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.7% |
| State Bank of India | Financial | Equity | 6.8% |
| Larsen & Toubro Ltd. | Construction | Equity | 6.7% |
| ITC Ltd. | FMCG | Equity | 5.5% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 5.3% |
| Power Grid Corporation of India Ltd. | Energy | Equity | 4.8% |
| Coal India Ltd. | Energy | Equity | 4.6% |
| Infosys Ltd. | Technology | Equity | 4.6% |
| State Bank of India | Financial | Bonds | 4.2% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.0% |
HDFC Balanced Advantage Fund Direct Plan Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Srinivas Rao Ravuri is the Current Fund Manager of HDFC Balanced Advantage Fund Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹33,772 Cr and the Latest NAV as of 06 Jul 2020 is ₹183.69.
The HDFC Balanced Advantage Fund Direct Plan Growth 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.