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3 star

HDFC Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.63 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.21 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 32.18 -0.72 -1.28 4.92 9.34 24.40 58.83 17.78 13.15 12.65 --
VR Balanced TRI 26.60 -0.30 -1.07 2.83 12.98 23.15 45.62 20.01 15.47 12.75 --
Hybrid: Dynamic Asset Allocation 17.31 -0.17 -0.92 1.42 6.11 13.87 28.26 13.78 10.46 10.39 --
Rank within category 2 27 23 1 3 2 1 2 -- -- --
Number of funds in category 25 27 27 27 26 26 25 17 12 10 0

As on 22-Oct-2021

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
3 star
Jan-13 58.83 17.78 13.15 1.03% 43,247
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 27.94 15.28 12.01 1.00% 35,737
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Aug-18 23.36 15.83 -- 0.46% 11,286
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 35.63 19.92 14.88 0.42% 5,845
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 31.49 15.34 11.73 0.61% 5,485

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 16.86 20.20 0.64 0.79 1.01 -0.69
VR Balanced TRI 17.41 18.03 0.75 0.87 -- --
Hybrid: Dynamic Asset Allocation 12.65 12.25 0.71 0.77 0.62 0.41
Rank within category 2 17 11 8 17 14
Number of funds in category 17 17 17 17 17 17

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 72
Top 10 Holdings (%) 42.15
Top 5 Holdings (%) 28.53
Top 3 Sectors (%) 49.37
Portfolio P/B Ratio 1.54
Portfolio P/E Ratio 10.40
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
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 1.96 1.96
equal 8.60% Canara Bank Additional Tier 1 Bond AA 1.56 - 1.96 1.56
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.46 1.42
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 1.36 1.31
equal 8.98% Punjab National Bank Additional Tier 1 Bond AA 0.00 - 1.06 1.06
up 6.18% GOI 2024 GOI Securities SOV 0.00 - 1.02 1.02
equal 4.48% GOI 2023 GOI Securities SOV 0.00 - 1.04 1.01
equal 8.13% GOI 21/09/2022 Central Government Loan SOV 0.00 - 0.81 0.78
equal 6.43% HDFC 29/09/2025 Debenture AAA 0.76 - 0.95 0.76
equal Powergrid Infrastructure Investment Trust Infrastructure Investment Trust -- 0.00 - 0.68 0.66
equal 9.15% ICICI Bank Additional Tier 1 Bond AA+ 0.65 - 0.81 0.65
equal 8.85% HDFC Bank Additional Tier 1 Bond AA+ 0.62 - 0.77 0.62
equal 9.00% Union Bank of India Additional Tier 1 Bond AA- 0.58 - 0.73 0.58
equal 8.99% Bank of Baroda Additional Tier 1 Bond AA+ 0.52 - 0.62 0.52
equal 7.75% LIC Housing Fin. 23/07/2024 Debenture AAA 0.49 - 0.61 0.49
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 0.50 0.48
equal 8.15% State Bank of India Additional Tier 1 Bond AA+ 0.45 - 0.56 0.45
equal 9.20% ICICI Bank Additional Tier 1 Bond AA+ 0.41 - 0.52 0.41
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 0.37 - 0.47 0.37
equal 8.95% Punjab National Bank Additional Tier 1 Bond AA 0.33 - 0.40 0.33
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 0.31 0.30
equal 9.95% Canara Bank Additional Tier 1 Bond AA 0.29 - 0.37 0.29
equal 7.96% REC 15/06/2030 Non Convertible Debenture AAA 0.27 - 0.34 0.27
equal 8.08% GOI 2022 Central Government Loan SOV 0.00 - 0.26 0.25
equal 6.17% GOI 2023 GOI Securities SOV 0.00 - 0.25 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
equal State Bank of India Financial 17.95 11.14 6.79 9.69
equal NTPC Energy 10.54 6.07 3.18 6.07
equal Coal India Energy 7.90 5.28 2.35 5.28
equal ICICI Bank Financial 26.31 9.64 3.87 3.87
down Power Finance Corporation Financial 2.87 3.62 1.78 3.62
equal ITC FMCG 20.93 5.49 2.27 3.59
equal Larsen & Toubro Construction 20.20 7.47 3.42 3.42
equal REC Financial 3.39 2.53 0.80 2.38
equal Infosys Technology 34.62 9.18 2.18 2.21
equal Bharti Airtel Communication 360.64 2.26 0.00 2.02
equal Axis Bank Financial 29.64 2.47 1.60 1.73
down Hindustan Petroleum Corporation Energy 4.46 2.06 1.15 1.71
equal GAIL Energy 8.76 2.83 1.22 1.47
down Hindustan Aeronautics Engineering 13.51 2.04 0.00 1.34
equal Lupin Healthcare 25.25 2.34 0.00 1.27
down NHPC Energy 10.27 1.22 0.44 1.22
equal Sun Pharmaceutical Industries Healthcare 32.54 2.10 0.00 1.21
equal Bharat Petroleum Corporation Energy 5.71 2.72 1.04 1.06
equal Bank of Baroda Financial 14.33 1.21 0.59 0.96
equal Brookfield India Real Estate Trust REIT Construction -- 1.00 0.00 0.96
equal Tata Motors Automobile -- 0.94 0.00 0.89
equal Embassy Office Parks REIT Construction -- 0.98 0.00 0.89
equal Gujarat Pipavav Port Services 26.70 0.75 0.37 0.71
equal Mishra Dhatu Nigam Metals 19.39 0.80 0.25 0.64
equal Apollo Tyres Automobile 13.27 0.93 0.43 0.61

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 30-Sep-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:


-0.72%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 301.2070

IDCW Monthly: ₹ 33.2620


Investment Strategy

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

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum 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: 14.83%
Benchmark: NIFTY 50 Hybrid Composite Debt 65:35
Riskometer: Very High
Type: Open-ended
Assets: ₹ 43,247 Cr (As on 30-Sep-2021)
Expense: 1.03% (As on 30-Sep-2021)
Risk Grade: High
Return Grade: High
Turnover: 26.73%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly27-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
 25-Nov-20190.3100
 25-Oct-20190.3100
 25-Sep-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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