HDFC Balanced Advantage Fund Direct Plan Growth+0.84%

4Groww
-2.59%
1 Year Return
Hybrid
Balanced Advantage
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

HDFC Balanced Advantage Fund Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.20%
NAV193.0 (23 Aug 2019)
Fund Started01 Jan 2013
Fund Size41,472 Cr

Fund Overview

Quick overview of HDFC Balanced Advantage Fund Direct Plan Growth

Returns

1Y
3Y*
5Y*
Since inception*
HDFC Balanced Advantage Fund Direct Plan Growth
-2.6%
9.2%
9.2%
11.3%
Category Average
-0.2%
5.8%
7.8%
-
Rank within category
12
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -2.6% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. 3Y Returns are higher than the benchmark
    3. 5Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
    2. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity9.5%
    State Bank of IndiaFinancialEquity9.3%
    Infosys Ltd.TechnologyEquity8.8%
    Larsen & Toubro Ltd.ConstructionEquity6.5%
    National Thermal Power Corp. Ltd.EnergyEquity3.7%
    ITC Ltd.FMCGEquity3.7%
    Power Grid Corporation of India Ltd.EnergyEquity3.6%
    Reliance Industries Ltd.EnergyEquity3.5%
    State Bank of IndiaFinancialBonds3.4%
    Tata Sons Ltd.FinancialDebenture3.3%
    See All

    Fund Managers

    addAmar Kalkundrikar
    Education
    Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.
    Experience
    Mr. Kalkundrikar has over 16 years of experience of which 13 years is in Equity Research and Portfolio Management.
    Funds Managed

    Other Details

    HDFC Balanced Advantage Fund Direct Plan Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Srinivas Rao Ravuri is the Current Fund Manager of HDFC Balanced Advantage Fund Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹41,472 Cr and the Latest NAV as of 23 Aug 2019 is ₹193.0.

    The HDFC Balanced Advantage Fund Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 15% of the investment, 1% will be charged for redemption within 1 year..

    Investment Objective

    Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 15% of the investment, 1% will be charged for redemption within 1 year.
    Exit Load

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    About HDFC Mutual Fund

    Address
    “HDFC House”, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400020
    Phone
    022 6631 6333
    Launch Date
    29 Jun 2000
    Website
    NA
    HDFC Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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