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HDFC Balanced Advantage Fund Direct Plan Growth-0.58%

9.08%
1 Year Return
Hybrid
Balanced Advantage
4.0star
6M
1Y
3Y
5Y
All

Fund Details

HDFC Balanced Advantage Fund Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.12%
NAV₹231.94 (25 Jan 2021)
Fund Started01 Jan 2013
Fund Size39,535 Cr

Fund Overview

Quick overview of HDFC Balanced Advantage Fund Direct Plan Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
9.1%
4.0%
12.4%
12.2%
Category Average
11.3%
6.5%
9.4%
-
Rank Within Category
19
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 9.1% returns per annum

Comparison

Data not available
Pros
1. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Risk-adjusted returns are lower compared to the category
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
State Bank of IndiaFinancialEquity9.8%
ICICI Bank Ltd.FinancialEquity6.6%
Infosys Ltd.TechnologyEquity5.6%
Larsen & Toubro Ltd.ConstructionEquity5.6%
ITC Ltd.FMCGEquity4.7%
National Thermal Power Corp. Ltd.EnergyEquity4.5%
Coal India Ltd.EnergyEquity4.1%
Power Grid Corporation of India Ltd.EnergyEquity4.1%
Power Finance Corpn. Ltd.FinancialEquity3.4%
REC Ltd.FinancialEquity2.5%
See All

Fund Managers

Anand Laddha
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Amar Kalkundrikar
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Chirag Dagli
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HDFC Balanced Advantage Fund Direct Plan Growth Details

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 ₹39,535 Cr and the Latest NAV as of 25 Jan 2021 is ₹231.94.

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.

Investment Objective

The Scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.

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
30 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,
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