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2 star

HDFC Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.56 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.08 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years."

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 4.66 -0.04 2.09 3.16 -0.64 10.04 25.67 15.86 13.55 11.82 --
VR Balanced TRI 4.52 -0.01 2.18 4.68 -0.17 13.85 23.13 18.52 16.23 12.33 --
Hybrid: Dynamic Asset Allocation 1.99 0.00 0.92 2.01 0.50 7.92 16.29 13.41 11.05 10.00 --
Rank within category 1 22 1 1 25 5 2 3 -- -- --
Number of funds in category 28 29 29 28 26 25 24 18 12 10 0

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Balanced Advantage Fund - Direct Plan  | Invest Online
2 star
Jan-13 25.67 15.86 13.55 1.03% 41,282
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 15.49 14.11 12.64 0.97% 37,879
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Aug-18 14.20 14.99 -- 0.45% 12,750
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 19.37 19.42 15.98 0.45% 7,048
Nippon India Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 17.11 13.95 13.11 0.76% 5,541

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.25 29-Jan-2021 - 05-Feb-2021 -14.90 05-Mar-2020 - 12-Mar-2020
Month 18.75 07-May-2014 - 06-Jun-2014 -31.66 20-Feb-2020 - 23-Mar-2020
Quarter 32.15 15-Oct-2020 - 14-Jan-2021 -31.93 23-Dec-2019 - 23-Mar-2020
Year 76.36 23-Mar-2020 - 23-Mar-2021 -30.36 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.21 20.34 0.56 0.72 1.05 -2.38
VR Balanced TRI 16.94 17.88 0.74 0.86 -- --
Hybrid: Dynamic Asset Allocation 12.67 12.26 0.74 0.81 0.63 0.67
Rank within category 3 19 18 13 19 18
Number of funds in category 19 19 19 19 19 19

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 67
Top 10 Holdings (%) 41.46
Top 5 Holdings (%) 28.21
Top 3 Sectors (%) 47.31
Portfolio P/B Ratio 1.47
Portfolio P/E Ratio 9.59
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 2.04 2.03
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.48 1.47
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 1.37 1.36
equal 8.98% Punjab National Bank Additional Tier 1 Bond AA 0.00 - 1.11 1.11
equal 6.18% GOI 2024 GOI Securities SOV 0.00 - 1.06 1.05
equal 4.48% GOI 2023 GOI Securities SOV 0.00 - 1.05 1.05
equal 8.13% GOI 21/09/2022 Central Government Loan SOV 0.00 - 0.81 0.81
equal 6.43% HDFC 29/09/2025 Debenture AAA 0.76 - 0.85 0.78
equal Powergrid Infrastructure Investment Trust Infrastructure Investment Trust -- 0.00 - 0.69 0.69
equal 9.15% ICICI Bank Additional Tier 1 Bond AA+ 0.65 - 0.74 0.68
equal 8.85% HDFC Bank Additional Tier 1 Bond AA+ 0.62 - 0.71 0.64
equal 8.99% Bank of Baroda Additional Tier 1 Bond AA+ 0.52 - 0.57 0.54
equal 7.75% LIC Housing Fin. 23/07/2024 Debenture AAA 0.49 - 0.56 0.51
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 0.50 0.49
equal 8.15% State Bank of India Additional Tier 1 Bond AA+ 0.45 - 0.51 0.47
equal 9.20% ICICI Bank Additional Tier 1 Bond AA+ 0.41 - 0.48 0.43
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 0.37 - 0.43 0.39
equal 8.95% Punjab National Bank Additional Tier 1 Bond AA 0.33 - 0.38 0.34
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 0.31 0.31
equal 7.96% REC 15/06/2030 Non Convertible Debenture AAA 0.27 - 0.30 0.28
equal 8.08% GOI 2022 Central Government Loan SOV 0.00 - 0.26 0.26
equal 6.17% GOI 2023 GOI Securities SOV 0.00 - 0.25 0.25
equal 6.11% Bharat Petroleum Corporation 2025 Non Convertible Debenture AAA 0.23 - 0.26 0.24
equal 6.24% State Bank of India Additional Tier 2 Bond AAA 0.23 - 0.26 0.24
equal 5.83% State Bank of India Additional Tier 2 Bond AAA 0.23 - 0.26 0.24

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down State Bank of India Financial 15.83 11.14 6.79 9.80
equal NTPC Energy 9.80 6.07 3.18 5.52
equal ICICI Bank Financial 26.79 9.64 3.87 4.73
equal Coal India Energy 7.37 5.28 2.35 4.36
equal Larsen & Toubro Construction 32.82 7.32 3.41 3.79
equal ITC FMCG 19.22 5.49 2.39 3.48
down Power Finance Corporation Financial 2.58 3.62 2.27 3.05
equal Infosys Technology 37.72 9.18 2.18 2.61
equal Bharti Airtel Communication 139.95 2.26 0.00 2.10
down REC Financial 2.96 2.53 1.35 1.94
equal Axis Bank Financial 22.13 2.47 1.55 1.61
down Hindustan Petroleum Corporation Energy 4.93 2.06 1.15 1.49
equal Lupin Healthcare -- 2.34 0.00 1.33
equal NHPC Energy 9.50 1.32 0.44 1.32
equal Sun Pharmaceutical Industries Healthcare 32.95 2.10 0.00 1.31
equal GAIL Energy 6.82 2.20 1.22 1.25
equal Hindustan Aeronautics Engineering 13.00 2.04 0.00 1.18
equal Brookfield India Real Estate Trust REIT Construction -- 1.12
equal Bank of Baroda Financial 12.71 1.21 0.59 1.01
equal Bharat Petroleum Corporation Energy 4.81 2.72 0.95 0.99
equal Tata Motors Automobile -- 1.33 0.00 0.95
equal Embassy Office Parks REIT Construction -- 0.94
up SBI Life Insurance Company Insurance 102.33 0.72 0.00 0.72
equal Gujarat Pipavav Port Services 23.69 0.75 0.37 0.67
equal Mishra Dhatu Nigam Metals 18.27 0.80 0.25 0.64

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Prashant Jain since 01-Jun-2018

Education: Mr. Jain is a B. Tech. from IIT Kanpur, PGDM from IIM, Bangalore and CFA from AIMR, USA.

Experience: Prior to joining HDFC AMC he has worked with Zurich AMC and SBI Mutual Fund.

Interviews:

Funds Managed:


-0.04%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 303.1610

IDCW Monthly: ₹ 32.6730


Investment Strategy

The Scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load For units in excess of 15% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 14.51%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 41,282 Cr (As on 31-Dec-2021)
Expense: 1.03% (As on 31-Dec-2021)
Risk Grade: High
Return Grade: High
Turnover: 23.24%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly27-Dec-20210.2600

 25-Nov-20210.2600
 25-Oct-20210.2600
 27-Sep-20210.2300
 25-Aug-20210.2300
 26-Jul-20210.2300
 25-Jun-20210.2300
 25-May-20210.2300
 26-Apr-20210.2300
 25-Mar-20210.2300
 25-Feb-20210.2300
 25-Jan-20210.2300
 28-Dec-20200.2300
 25-Nov-20200.2300
 26-Oct-20200.2300
 25-Sep-20200.2300
 25-Aug-20200.2300
 27-Jul-20200.2300
 25-Jun-20200.2300
 26-May-20200.2300
 27-Apr-20200.2300
 16-Mar-20200.3100
 25-Feb-20200.3100
 27-Jan-20200.3100
 26-Dec-20190.3100

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: http://www.hdfcfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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