HDFC Balanced Advantage Fund(G)
View the direct plan of this scheme
Rs 508.775 1.599(0.315 %) NAV as on 10 Sep 2024
Fund type:
Hybrid
AUM (in crores):
₹ 95,391.46
Fund category:
Balanced Advantage
Fund manager(s):
Gopal Agrawal, Srinivasan Ramamurthy, Anil Bamboli, 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:
1.36 %
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 10 Sep 2024)
| 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|
| Scheme | 11.43 % | 32.62 % | 23.74 % | 21.74 % | 17.78 % |
Portfolio
Equity holdings
Allocation (%)
HDFC Bank Ltd.u00a3
6.1%
ICICI Bank Ltd.
3.58%
State Bank of India
3.31%
Coal India Ltd.
3.15%
NTPC Limited
3.14%
Infosys Limited
2.71%
Larsen and Toubro Ltd.
2.51%
Reliance Industries Ltd.
2.28%
ITC Ltd.
2.25%
Axis Bank Ltd.
1.89%
Debt holdings
Allocation (%)
7.38% GOI MAT 200627
2.9%
TREPS - Tri-party Repo
2.84%
7.18% GOI MAT 140833
2.44%
Net Current Assets
1.76%
7.1% GOI MAT 180429
1.72%
8% Floating Rate GOI 2034
1.59%
7.1% GOI MAT 080434
1.19%
7.18% GOI MAT 240737
1.05%
7.26% GOI MAT 220832
0.7%
7.26% GOI MAT 060233
0.65%
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
