1M
6M
1Y
3Y
5Y
All
| NAV: 02 Aug 2021 | ₹264.25 |
|---|---|
| Min. SIP Amount | ₹500 |
| Rating | 3star |
|---|---|
| Fund Size | ₹41,796.27 Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 49.6% | 12.3% | 12.2% | 18.1% |
| Category average | 24.8% | 9.3% | 9.1% | NA |
| Rank with in category | 1 | 3 | NA | NA |
Understand termsinfo
Holdings (103)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
State Bank of India | Financial | Equity | 9.4% |
| NTPC Ltd. | Energy | Equity | 5.2% |
| Coal India Ltd. | Energy | Equity | 4.3% |
| ICICI Bank Ltd. | Financial | Equity | 4.1% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.7% |
Power Finance Corporation Ltd. | Financial | Equity | 3.6% |
| ITC Ltd. | FMCG | Equity | 3.5% |
| Infosys Ltd. | Technology | Equity | 2.8% |
| REC Ltd. | Financial | Equity | 2.4% |
| Hindustan Petroleum Corporation Ltd. | Energy | Equity | 2.1% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
- Age is more than 10 years
- 1Y Returns are higher than the category average returns
- 5Y Returns are higher than the category average returns
- 10Y Returns are higher than the category average returns
- 3Y Returns are higher than the category average returns
Cons
- Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
- Higher expense ratio - 1.58%
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 1.58%
Inclusive of GST
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
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.
Understand termsinfo
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Prashant Jain
Jun 2018 - Present
View Details
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.
Also manages these schemes
Anand Laddha
Oct 2020 - Present
View Details
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.
Also manages these schemes
Amar Kalkundrikar
Jan 2019 - Present
View Details
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.
Also manages these schemes
Chirag Dagli
Jul 2019 - Present
View Details
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.
Also manages these schemes
Sankalp Baid
Jan 2021 - Present
View Details
Education
Mr. Baid is a PG Diploma in Business Management from XLRI, Jamshedpur, Chartered Accountant, B.Com Hons. (University of Calcutta).
Experience
Prior to joining HDFC Asset Management Company Limited, he has worked with BNP Paribas Bank, India Ratings & Research, Future First Info Services and BSR & Co (part of KPMG).
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #2 in India |
|---|---|
| Total AUM | 4,13,378.67 Cr |
| Date of Incorporation | 30 Jun 2000 |
|---|
HDFC Balanced Advantage Fund Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 30 Jun
HDFC Balanced Advantage Fund Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 30 Jun 2000. Srinivas Rao Ravuri is the Current Fund Manager of HDFC Balanced Advantage Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,13,379 Cr and the Latest NAV as of 02 Aug 2021 is ₹264.25.
The HDFC Balanced Advantage Fund Growth is rated Very 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.
...Read more
Investment Objective
The Scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
The Scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
| Fund benchmark | NIFTY 50 Hybrid Composite Debt 65:35 |
|---|
Fund house contact details
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
[email protected]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,
Email
[email protected]Website
www.camsonline.comCompare funds
HDFC Balanced Advantage Fund Growth
VS
Add mutual fund to compare
MOST POPULAR ON GROWW
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: Axis Bluechip Fund | Motilal Oswal S&P 500 Index Fund | Parag Parikh Long Term Equity Fund | SBI Small Cap Fund | HDFC Balanced Advantage Fund | Axis Long Term Equity Fund | UTI Nifty Index Fund | Axis Midcap Fund | SBI Bluechip Fund | Mirae Asset Emerging Bluechip Fund
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL | HDFC | NIPPON INDIA | ADITYA BIRLA SUN LIFE | SBI | UTI | FRANKLIN TEMPLETON | KOTAK MAHINDRA | IDFC | DSP | AXIS | TATA | L&T | SUNDARAM | PGIM | INVESCO | LIC | JM FINANCIAL | BARODA PIONEER | CANARA ROBECO | HSBC | IDBI | INDIABULLS | MOTILAL OSWAL | BNP PARIBAS | MIRAE ASSET | PRINCIPAL | BOI AXA | UNION KBC | TAURUS | EDELWEISS | NAVI | MAHINDRA | QUANTUM | PPFAS | IIFL | Quant | SHRIRAM | SAHARA | ITI