HDFC Balanced Advantage Fund Dividend Monthly+0.60%

-6.11%
1 Year Return
Hybrid
Balanced Advantage
4.0star
6M
1Y
3Y
5Y
All

Fund Details

HDFC Balanced Advantage Fund Dividend Monthly

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.83%
NAV21.47 (23 Oct 2020)
Fund Started11 Sep 2000
Fund Size34,659 Cr

Fund Overview

Quick overview of HDFC Balanced Advantage Fund Dividend Monthly

Returns

1Y
3Y*
5Y*
Since inception*
HDFC Balanced Advantage Fund Dividend Monthly
-6.1%
0.3%
5.1%
17.0%
Category Average
6.2%
4.3%
6.5%
-
Rank within category
22
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
    0
    with -6.1% annual returns

    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

    NameSectorInstrument% Assets
    State Bank of IndiaFinancialEquity7.7%
    Infosys Ltd.TechnologyEquity6.7%
    ICICI Bank Ltd.FinancialEquity6.2%
    Larsen & Toubro Ltd.ConstructionEquity5.1%
    Power Grid Corporation of India Ltd.EnergyEquity4.9%
    National Thermal Power Corp. Ltd.EnergyEquity4.5%
    ITC Ltd.FMCGEquity4.3%
    Coal India Ltd.EnergyEquity3.9%
    Power Finance Corpn. Ltd.FinancialEquity3.0%
    REC Ltd.FinancialEquity2.2%
    See All

    Fund Managers

    addAnand 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
    addAmar 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
    addChirag Dagli
    Education
    Mr. Dagli has done B. COM and Chartered Accountant.
    Experience
    Prior to joining HDFC AMC, he has worked with 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 ₹34,659 Cr and the Latest NAV as of 23 Oct 2020 is ₹21.47.

    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
    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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