HDFC Balanced Advantage Fund Direct Plan Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
22.53%
3Y annualised
-0.41% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 07 Oct 2024₹540.73
Min. SIP amount₹100
Rating5
Fund size₹95,391.46Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns34.1%22.5%22.6%16.7%
Category average24.8%12.1%13.9%NA
Rank with in category311NA
Understand terms

Holdings (389)

NameSectorInstrumentAssets
FinancialEquity6.10%
FinancialEquity3.58%
FinancialEquity3.31%
EnergyEquity3.15%
EnergyEquity3.14%
SovereignGOI Sec2.90%
TechnologyEquity2.71%
ConstructionEquity2.51%
SovereignGOI Sec2.44%
EnergyEquity2.28%
See All

Expense ratio, exit load and tax

Expense ratio: 0.72%

Inclusive of GST

Exit load

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

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Anil Bamboli
Jul 2022 - Present
View details

Education
Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.
Experience
Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
Also manages these schemes

Gopal Agrawal
Jul 2022 - Present
View details

Dhruv Muchhal
Jun 2023 - Present
View details

Education
Mr. Dhruv has done B.Com, CA and CFA
Experience
Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Phone
022 – 66316333
Launch Date
10 Dec 1999
HDFC Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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