HDFC Balanced Advantage Fund(G)

View the direct plan of this scheme

Rs 497.854   -4.762(-0.947 %) NAV as on 20 Dec 2024
Prime Rating: 4.5 
Prime Recommendation: Upgrade to see

Fund type:
Hybrid
AUM (in crores):
₹ 95,569.87
Fund category:
Balanced Advantage
Fund manager(s):
Gopal Agrawal, Srinivasan Ramamurthy, Arun Agarwal, Nirman Morakhia
Benchmark:
NIFTY 50 Hybrid Composite Debt 50:50 Index
Minimum investment:
₹ 100
Launch date:
11 Sep 2000
Min. additional investment:
₹ 100
Expense ratio:
1.35 %
Exit load:
Nil upto 15% of Units, For excess Units 1% on or before 1Y and Nil after 1Y

Scheme Objective: To provide long term capital appreciation / income from a dynamic mix of equity and debt investments.


Performance (As on 20 Dec 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme1.87 % 19.43 % 22.98 %19.83 % 17.45 %

Portfolio

Equity holdings
Allocation (%)
HDFC Bank Ltd.u00a3
6.37%
ICICI Bank Ltd.
3.92%
State Bank of India
3.46%
Reliance Industries Ltd.
3.24%
Infosys Limited
2.93%
NTPC Limited
2.68%
Larsen and Toubro Ltd.
2.52%
Coal India Ltd.
2.43%
Axis Bank Ltd.
2.38%
ITC LIMITED
2.19%
Debt holdings
Allocation (%)
7.38% GOI MAT 200627
2.9%
7.18% GOI MAT 140833
2.45%
7.1% GOI MAT 180429
1.72%
Floating Rate GOI 2034^
1.58%
TREPS - Tri-party Repo
1.48%
7.1% GOI MAT 080434
1.19%
7.18% GOI MAT 240737
1.05%
7.34% GOI MAT 220464
0.73%
State Bank of India (Tier 2 - Basel III)^
0.7%
7.26% GOI MAT 220832
0.7%

About this category

Balanced advantage funds invest in stocks, but hedge part of this exposure through derivatives. They also maintain a portion of their portfolio in debt instruments. These funds shift allocations to equity, derivatives and debt based on market movement and valuations. These funds offer lower-risk participation to equity and are less volatile than even aggressive hybrid funds.

Suitability

These funds suit all investors, but especially conservative investors who wish for low-volatile equity exposure. These funds need to be held for a minimum of 1.5 years.

Taxation
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