How to Invest in HSBC Balanced Advantage Fund IDCW?

You can easily invest in HSBC Balanced Advantage Fund IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HSBC Balanced Advantage Fund IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HSBC Balanced Advantage Fund IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC Balanced Advantage Fund IDCW provide?

The HSBC Balanced Advantage Fund IDCW has been there from 07 Feb 2011 and the average annual returns provided by this fund is 1.63% since its inception.

How much expense ratio is charged by HSBC Balanced Advantage Fund IDCW?

The term Expense Ratio used for HSBC Balanced Advantage Fund IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HSBC Balanced Advantage Fund IDCW is 2.14% as of 25 Mar 2023...

What is the AUM of HSBC Balanced Advantage Fund IDCW?

The AUM, short for Assets Under Management of HSBC Balanced Advantage Fund IDCW is ₹1,511.03Cr as of 25 Mar 2023.

How to Redeem HSBC Balanced Advantage Fund IDCW?

If you want to sell your HSBC Balanced Advantage Fund IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HSBC Balanced Advantage Fund IDCW?

You can select either SIP or Lumpsum investment of HSBC Balanced Advantage Fund IDCW based on your investment objective and risk tolerance.

What is the NAV of HSBC Balanced Advantage Fund IDCW?

The NAV of HSBC Balanced Advantage Fund IDCW is ₹16.80 as of 24 Mar 2023.

What is the PE and PB ratio of HSBC Balanced Advantage Fund IDCW?

The PE ratio ratio of HSBC Balanced Advantage Fund IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HSBC Balanced Advantage Fund IDCW - NAV, Mutual Fund Performance & Portfolio

HSBC Balanced Advantage Fund IDCW
Hybrid
Dynamic Asset Allocation
Moderately High Risk
13.83%
3Y annualised
-0.44% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 24 Mar 2023₹16.80
Min. SIP amountNot Supported
Rating3
Fund size₹1,511.03Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.6%13.8%6.6%9.8%
Category average2.1%17.3%7.4%NA
Rank with in category14159NA
Understand terms
Holdings (68)NameSectorInstrumentAssets
GOI
SovereignGOI Sec12.8%
GOISovereignGOI Sec8.3%
GOI
SovereignGOI Sec4.8%
DLF Ltd.ConstructionEquity3.9%
Reliance Industries Ltd.EnergyEquity2.8%
HDFC Bank Ltd.FinancialEquity2.6%
Sun Pharmaceutical Industries Ltd.HealthcareEquity2.5%
ICICI Bank Ltd.FinancialEquity2.3%
Infosys Ltd.TechnologyEquity2.3%
Zee Entertainment Enterprises Ltd.ServicesEquity2.3%
See All
Understand termsExpense ratioA 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.
TaxA 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 loadA 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 dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
28 Feb 2023 - Present
2.14%
31 Jan 2023 - 28 Feb 2023
2.12%
31 Dec 2022 - 31 Jan 2023
2.10%
31 Dec 2022 - 31 Dec 2022
2.10%
30 Nov 2022 - 31 Dec 2022
2.09%
30 Nov 2022 - 30 Nov 2022
2.09%
31 Oct 2022 - 30 Nov 2022
2.08%
Expense ratio, exit load and taxExpense ratio: 2.14%Inclusive of GST
Exit loadExit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementRitesh 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
HSBC Short Duration Fund(Ex) Growth
HSBC Short Duration Fund(Ex) IDCW Monthly
HSBC Conservative Hybrid Fund IDCW Monthly
HSBC Conservative Hybrid Fund IDCW Quarterly
HSBC Conservative Hybrid Fund Growth
HSBC Short Duration Fund(Ex) IDCW Weekly
HSBC Flexi Debt Fund Regular Growth
HSBC Flexi Debt Fund Growth
HSBC Flexi Debt Fund IDCW Fortnightly
HSBC Flexi Debt Fund IDCW Monthly
HSBC Flexi Debt Fund IDCW Quarterly
HSBC Flexi Debt Fund IDCW Half Yearly
HSBC Flexi Debt Fund Direct IDCW Fortnightly
HSBC Flexi Debt Fund Direct Growth
HSBC Flexi Debt Fund Direct IDCW Half Yearly
HSBC Flexi Debt Fund Direct IDCW Monthly
HSBC Flexi Debt Fund Direct IDCW Quarterly
HSBC Short Duration Fund(Ex) Direct IDCW Monthly
HSBC Short Duration Fund(Ex) Direct IDCW Weekly
HSBC Short Duration(Ex) Fund Direct Growth
HSBC Conservative Hybrid Fund Direct Growth
HSBC Conservative Hybrid Fund Direct IDCW Monthly
HSBC Conservative Hybrid Fund Direct IDCW Quarterly
HSBC Arbitrage Fund Regular Bonus
HSBC Arbitrage Fund Direct Bonus
HSBC Short Duration Fund(Ex) Direct IDCW Quarterly
HSBC Short Duration Fund(Ex) IDCW Quarterly
HSBC Corporate Bond Fund(Ex) Direct Growth
HSBC Corporate Bond Fund(Ex) Direct IDCW Monthly
HSBC Corporate Bond Fund(Ex) Direct IDCW Half Yearly
HSBC Corporate Bond Fund(Ex) Direct IDCW Quarterly
HSBC Corporate Bond Fund(Ex) Regular Growth
HSBC Corporate Bond Fund(Ex) Regular IDCW Monthly
HSBC Corporate Bond Fund(Ex) Regular IDCW Quarterly
HSBC Corporate Bond Fund(Ex) Regular IDCW Half Yearly
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Regular Growth
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth
HSBC Equity Savings Fund IDCW Monthly
HSBC Equity Savings Fund IDCW Quarterly
HSBC Equity Savings Fund Growth
HSBC Equity Savings Fund Direct IDCW Quarterly
HSBC Equity Savings Fund Direct Growth
HSBC Equity Savings Fund Direct IDCW Monthly
HSBC Balanced Advantage Fund IDCW
HSBC Balanced Advantage Fund Growth
HSBC Balanced Advantage Fund Direct IDCW
HSBC Balanced Advantage Fund Direct Growth
HSBC Arbitrage Fund Regular Growth
HSBC Arbitrage Fund Direct IDCW Monthly
HSBC Arbitrage Fund Direct IDCW Quarterly
HSBC Arbitrage Fund Regular IDCW Quarterly
HSBC Arbitrage Fund Direct Growth
HSBC Arbitrage Fund Regular IDCW Monthly
Neelotpal Sahai
Nov 2022 - Present
View details
Education
Mr. Sahai is a B.Tech from IT BHU and PGDM from IIM
Experience
Prior to joining HSBC AMC he has worked with IDFC Investment Advisors.
Also manages these schemes
HSBC Large Cap Fund IDCW
HSBC Large Cap Fund Growth
HSBC Flexi Cap Fund IDCW
HSBC Flexi Cap Fund Growth
HSBC Small Cap Equity Fund Growth
HSBC Small Cap Equity Fund IDCW
HSBC Dynamic Asset Allocation Fund Growth
HSBC Dynamic Asset Allocation Fund IDCW
HSBC Large Cap Fund Direct IDCW
HSBC Large Cap Fund Direct Growth
HSBC Dynamic Asset Allocation Fund Direct Growth
HSBC Flexi Cap Fund Direct IDCW
HSBC Flexi Cap Fund Direct Growth
HSBC Small Cap Equity Fund Direct IDCW
HSBC Small Cap Equity Fund Direct Growth
HSBC Equity Hybrid Fund Regular IDCW
HSBC Equity Hybrid Fund Direct IDCW
HSBC Equity Hybrid Fund Regular Growth
HSBC Equity Hybrid Fund Direct Growth
HSBC Large and Mid Cap Fund Regular IDCW
HSBC Large and Mid Cap Fund Direct IDCW
HSBC Large and Mid Cap Fund Regular Growth
HSBC Large and Mid Cap Fund Direct Growth
HSBC Focused Fund Regular Growth
HSBC Focused Fund Regular IDCW
HSBC Focused Fund Direct Growth
HSBC Focused Fund Direct IDCW
HSBC Balanced Advantage Fund IDCW
HSBC Balanced Advantage Fund Growth
HSBC Balanced Advantage Fund Direct IDCW
HSBC Balanced Advantage Fund Direct Growth
Fund house & investment objective
HSBC Mutual Fund
Rank (total assets)#21 in India
Total AUM₹13,220.91Cr
Date of Incorporation27 May 2002
 HSBC Balanced Advantage Fund IDCW is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Cheenu Gupta is the Current Fund Manager of HSBC Balanced Advantage Fund IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹13,221 Cr and the Latest NAV as of 24 Mar 2023 is ₹16.80.
The HSBC Balanced Advantage Fund IDCW is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
;
Investment ObjectiveThe scheme seeks to generate long term capital growth and income through investments in equity and equity related securities and fixed income instruments.
;
Fund benchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
Scheme Information Document(SID)
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
E-mail
[email protected]
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,
Email
[email protected]
Website
www.camsonline.com
Compare funds
HSBC Balanced Advantage Fund IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	1.6%	13.8%	6.6%	9.8%
Category average	2.1%	17.3%	7.4%	NA
Rank with in category	14	15	9	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	12.8%
GOI	Sovereign	GOI Sec	8.3%
GOI	Sovereign	GOI Sec	4.8%
DLF Ltd.	Construction	Equity	3.9%
Reliance Industries Ltd.	Energy	Equity	2.8%
HDFC Bank Ltd.	Financial	Equity	2.6%
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	2.5%
ICICI Bank Ltd.	Financial	Equity	2.3%
Infosys Ltd.	Technology	Equity	2.3%
Zee Entertainment Enterprises Ltd.	Services	Equity	2.3%

Rank (total assets)	#21 in India
Total AUM	₹13,220.91Cr

Date of Incorporation	27 May 2002

Fund benchmark	NIFTY 50 Hybrid Composite debt 50:50 Index

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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	3
Fund size	₹1,511.03Cr

HSBC Balanced Advantage Fund IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (68)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 2.14%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Ritesh JainNov 2022 - PresentView details

Neelotpal SahaiNov 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Ritesh Jain
Nov 2022 - Present
View details

Neelotpal Sahai
Nov 2022 - Present
View details