6M
1Y
3Y
5Y
All
Fund Details
HDFC Balanced Advantage Fund Dividend Monthly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.67% |
| NAV | ₹25.30 (25 Jan 2021) |
|---|---|
| Fund Started | 11 Sep 2000 |
| Fund Size | ₹39,535 Cr |
Fund Overview
Quick overview of HDFC Balanced Advantage Fund Dividend Monthly
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
8.4%
3.2%
11.4%
12.0%
Category Average
11.3%
6.5%
9.4%
-
Rank Within Category
16
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount₹500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
₹0
with 8.4% returns per annum
Comparison
Data not available
Pros
1. Age is more than 10 years
2. Age is more than 10 years
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. Risk is higher compared to the benchmark
4. Higher expense ratio
5. 1Y Returns are lower than the benchmark
6. 3Y Returns are lower than the benchmark
7. 5Y Returns are lower than the benchmark
8. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
9. Risk-adjusted returns are lower compared to the category
10. Higher expense ratio - 1.83%
11. 1Y Returns are lower than the category average returns
12. 3Y Returns are lower than the category average returns
13. 5Y Returns are lower than the category average returns
14. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| State Bank of India | Financial | Equity | 9.8% |
| ICICI Bank Ltd. | Financial | Equity | 6.6% |
| Infosys Ltd. | Technology | Equity | 5.6% |
| Larsen & Toubro Ltd. | Construction | Equity | 5.6% |
| ITC Ltd. | FMCG | Equity | 4.7% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 4.5% |
| Coal India Ltd. | Energy | Equity | 4.1% |
| Power Grid Corporation of India Ltd. | Energy | Equity | 4.1% |
| Power Finance Corpn. Ltd. | Financial | Equity | 3.4% |
| REC Ltd. | Financial | Equity | 2.5% |
See All
Fund Managers
Prashant Jain
Education
Mr. Jain is a B. Tech. from IIT Kanpur, PGDM from IIM, Bangalore and CFA from AIMR, USA.
Experience
Prior to joining HDFC AMC he has worked with Zurich AMC and SBI Mutual Fund.
Funds Managed
Anand Laddha
Education
Mr. Laddha has done B.Com. and CA
Experience
Prior to joining HDFC Asset Management Company Limited, he has worked with Refco-Sify Securities India Pvt. Ltd. Last Position Held - AVP - FII Equity & Derivative Sales. Alchemy Share & Stock Brokers Pvt. Ltd. Last Position Held - Equity & Derivative Sales.
Funds Managed
Amar Kalkundrikar
Education
Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.
Experience
Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.
Funds Managed
Chirag Dagli
Education
Mr. Dagli has done B. COM and Chartered Accountant.
Experience
Prior to joining DSP Mutual Fund, he has worked with HDFC AMC, Aviva India Life Insurance Company Ltd., ICICI Securities Ltd., Pioneer Invest Corp, Deutsche Equities, Citigroup Global Markets.
Funds Managed
HDFC Balanced Advantage Fund Dividend Monthly Details
HDFC Balanced Advantage Fund Dividend Monthly is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 11 Sep 2000. Prashant Jain, Rakesh Vyas is the Current Fund Manager of HDFC Balanced Advantage Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹39,535 Cr and the Latest NAV as of 25 Jan 2021 is ₹25.30.
The HDFC Balanced Advantage Fund Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is set to 500. 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)
Not Supported
Min for First Investment
Not Supported
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
E-mail
cliser@hdfcfund.comWebsite
NAHDFC Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
enq_h@camsonline.comWebsite
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