HSBC Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Moderately High Risk
11.96%
3Y annualised
-0.92% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 10 Jan 2025₹48.42
Min. SIP amount₹500
Rating4
Fund size₹1,509.80Cr

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 returns13.8%12.0%12.1%12.2%
Category average11.1%10.3%12.0%NA
Rank with in category91015NA
Understand terms

Peer Comparison

Holdings (91)

NameSectorInstrumentAssets
FinancialEquity5.62%
SovereignGOI Sec3.77%
SovereignGOI Sec3.21%
Capital GoodsEquity3.10%
HealthcareEquity2.86%
EnergyEquity2.78%
GOI
SovereignGOI Sec2.70%
FinancialEquity2.42%
FinancialEquity2.36%
Capital GoodsEquity2.30%
EnergyEquity2.12%
ConstructionEquity1.93%
TechnologyEquity1.83%
ServicesEquity1.83%
India Universal Trust AL1
OthersSecuritised Debt1.78%
FinancialNCD1.76%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture1.76%
FinancialDebenture1.74%
National Bank For Agriculture & Rural Development
FinancialDebenture1.74%
LIC Housing Finance Ltd.
FinancialDebenture1.74%
National Bank For Agriculture & Rural Development
FinancialDebenture1.72%
ConstructionEquity1.71%
FinancialDebenture1.71%
FinancialBonds/Deb1.69%
ServicesEquity1.55%
HealthcareEquity1.46%
FinancialEquity1.39%
GOI
SovereignGOI Sec1.36%
FinancialEquity1.26%
FinancialEquity1.19%
FinancialEquity1.17%
ChemicalsEquity1.17%
Capital GoodsEquity1.15%
Consumer DiscretionaryEquity1.10%
HealthcareEquity1.10%
Bajaj Finance Ltd.
FinancialDebenture1.06%
ServicesEquity1.06%
ChemicalsEquity1.03%
Consumer StaplesEquity1.02%
FinancialEquity1.00%
ConstructionEquity0.99%
FinancialEquity0.97%
HealthcareEquity0.96%
Kotak Mahindra Prime Ltd.
FinancialDebenture0.96%
Consumer DiscretionaryEquity0.95%
TechnologyEquity0.95%
Axis Bank Ltd.
FinancialCD0.92%
ServicesEquity0.92%
TechnologyEquity0.91%
ConstructionEquity0.87%
HealthcareEquity0.86%
Capital GoodsEquity0.84%
Consumer StaplesEquity0.81%
TechnologyEquity0.78%
ServicesEquity0.78%
AutomobileEquity0.77%
ServicesEquity0.72%
EnergyEquity0.72%
Consumer StaplesEquity0.70%
SovereignGOI Sec0.69%
HealthcareEquity0.67%
HealthcareEquity0.64%
ChemicalsEquity0.61%
FinancialEquity0.54%
ServicesEquity0.51%
FinancialEquity0.48%
Capital GoodsEquity0.46%
Capital GoodsEquity0.38%
ConstructionEquity0.37%
Capital GoodsEquity0.37%
GOI
SovereignGOI Sec0.34%
ConstructionEquity0.29%
Metals & MiningEquity0.17%
Consumer StaplesEquity0.16%
Consumer DiscretionaryEquity0.06%
Maruti Suzuki India Ltd.
AutomobileFutures-0.05%
Titan Company Ltd.
Consumer DiscretionaryFutures-0.06%
Godrej Consumer Products Ltd.
Consumer StaplesFutures-0.16%
Hindalco Industries Ltd.
Metals & MiningFutures-0.18%
Bharat Electronics Ltd.
Capital GoodsFutures-0.46%
Bajaj Finance Ltd.
FinancialFutures-0.48%
United Spirits Ltd.
Consumer StaplesFutures-0.71%
Kotak Mahindra Bank Ltd.
FinancialFutures-1.26%
Axis Bank Ltd.
FinancialFutures-1.38%
Manappuram Finance Ltd.
FinancialFutures-1.39%
ICICI Bank Ltd.
FinancialFutures-1.57%
DLF Ltd.
ConstructionFutures-1.94%
Polycab India Ltd.
Capital GoodsFutures-1.96%
Dixon Technologies (India) Ltd.
Capital GoodsFutures-2.31%
Tata Power Company Ltd.
EnergyFutures-2.80%
Aurobindo Pharma Ltd.
HealthcareFutures-2.87%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 0.76%
Higher alpha: 3.99 The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y

Cons

10Y annualised returns lower than category average by 0.05%

Expense ratio, exit load and tax

Expense ratio: 0.76%

Inclusive of GST

Exit load

Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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