Groww Logo
Home>Mutual Funds>HDFC Mutual Fund>HDFC Balanced Advantage Fund Direct Plan Growth

HDFC Balanced Advantage Fund Direct Plan Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
14.47%
3Y annualised
-0.78% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Nov 2021₹287.42
Min. SIP amount₹500
Rating2
Fund size₹42,775.92Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns35.9%14.5%12.9%14.0%
Category average24.8%9.3%9.1%NA
Rank with in category23NANA
Understand terms

Holdings (91)

NameSectorInstrumentAssets
FinancialEquity10.6%
EnergyEquity5.7%
EnergyEquity4.7%
FinancialEquity4.3%
FMCGEquity3.4%
ConstructionEquity3.4%
FinancialEquity3.4%
TechnologyEquity2.2%
FinancialEquity2.2%
CommunicationEquity2.0%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 1.03%
Consistently top ranked fund
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Higher AUM: 42775Cr. Funds with a higher AUM tend to have lower returns in the future
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.02%

Inclusive of GST

Exit load

For units in excess of 15% of the investment, 1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Anand Laddha
Oct 2020 - Present
View details
Amar Kalkundrikar
Jan 2019 - Present
View details
Chirag Dagli
Jul 2019 - Present
View details
Sankalp Baid
Jan 2021 - Present
View details

Fund house & investment objective

Fund house contact details

Compare funds

HDFC Balanced Advantage Fund Direct Plan Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.0.5
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | NIPPON INDIA  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP  | AXIS  | TATA  | L&T  | SUNDARAM  | PGIM  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | NAVI  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | Quant  | SHRIRAM  | SAHARA | ITI