HSBC Balanced Advantage Fund Growth

Hybrid
Dynamic Asset Allocation
Moderately High Risk
7.09%
3Y annualised
-0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Jan 2023₹31.30
Min. SIP amountNot Supported
Rating3
Fund size₹1,660.84Cr

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 returns1.8%7.1%6.3%10.0%
Category average2.7%9.4%6.9%NA
Rank with in category15199NA
Understand terms

Holdings (75)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec11.6%
GOISovereignGOI Sec10.5%
GOI
SovereignGOI Sec4.3%
DLF Ltd. - (DLF)ConstructionEquity3.7%
Reliance Industries Ltd.EnergyEquity2.8%
Zee Entertainment Enterprises Ltd.ServicesEquity2.8%
Sun Pharmaceutical Industries Ltd.HealthcareEquity2.4%
ICICI Bank Ltd.FinancialEquity2.2%
Axis Bank Ltd.FinancialEquity2.1%
Infosys Ltd.TechnologyEquity2.1%
See All

Expense ratio, exit load and tax

Expense ratio: 2.10%

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 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 terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Ritesh Jain
Nov 2022 - Present
View details

Education
Ritesh holds a PGDBA from K.J. Somaiya Institute of Management Studies & Research, Mumbai and B.Com (Hons.) from University of Calcutta.
Experience
Prior to joining HSBC Mutual Fund, he has worked with PGIM India AMC, he was the Head - Fixed Income with Morgan Stanley Investment Management Pvt. Ltd. ( March 2009 - June 2014 ). He has also been the Head - Fixed Income with Principal PNB AMC ( April 2001 - February 2009).
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3, Nesco Complex,Western Express Highway, Goregaon East, Mumbai 400063
Phone
022-66145000 / 66668819 / 1800-200-2434
Launch Date
27 May 2002
Website
NA
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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