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Unrated

HDFC Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.18 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.69 Lakh

Analyst's Choice?

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -7.37 -3.22 -6.52 -6.33 -7.21 -0.52 2.16 5.54 6.67 13.10 --
VR Balanced TRI -6.38 -3.12 -6.09 -5.10 -5.57 2.07 5.69 9.04 6.35 10.77 --
Hybrid: Dynamic Asset Allocation -1.54 -1.63 -3.24 -2.09 -1.12 4.45 7.18 7.15 7.03 11.23 --
Rank within category 23 23 23 24 23 22 19 -- -- -- --
Number of funds in category 23 24 24 24 23 23 21 14 11 6 0

As on 28-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.06 (03-Sep-2013 - 10-Sep-2013) -8.86 (17-Aug-2015 - 24-Aug-2015)
Month 18.75 (07-May-2014 - 06-Jun-2014) -12.52 (13-Jan-2016 - 12-Feb-2016)
Quarter 29.77 (21-Feb-2014 - 23-May-2014) -16.29 (30-Nov-2015 - 29-Feb-2016)
Year 65.82 (03-Sep-2013 - 03-Sep-2014) -18.75 (27-Feb-2015 - 29-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.22 12.83 0.28 0.48 1.05 -3.02
VR Balanced TRI 11.92 10.21 0.61 0.95 -- --
Hybrid: Dynamic Asset Allocation 8.64 6.48 0.48 0.82 0.52 -0.31
Rank within category 8 16 13 12 16 15
Number of funds in category 16 16 16 16 16 16

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

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 66
Top 10 Holdings (%) 53.19
Top 5 Holdings (%) 36.15
Top 3 Sectors (%) 56.06
Portfolio P/B Ratio 1.62
Portfolio P/E Ratio 12.57

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 8.75% State Bank of India Bonds AA+ 3.21 - 3.73 3.25
equal 7.40% Tata Sons 16/08/2022 Debenture AAA 3.09 - 3.55 3.12
equal 8.50% State Bank of India 22/11/2020 Non Convertible Debenture AA+ 0.00 - 1.83 1.83
equal 8.60% Canara Bank Bonds AA 1.49 - 1.74 1.53
equal 8.85% HDFC Bank 31/12/2099 Bonds AA+ 1.17 - 1.70 1.18
equal 8.98% Punjab National Bank Zero Coupon Bonds A 0.00 - 1.06 1.01
equal 8.15% State Bank of India Bonds AA+ 0.94 - 1.08 0.95
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 1.23 0.94
equal 8.99% Bank of Baroda Non Convertible Debenture AA+ 0.00 - 0.69 0.69
equal 9.15% ICICI Bank Debenture AA+ 0.62 - 0.70 0.63
equal 8.70% Bank of Baroda 28/11/2020 Non Convertible Debenture AA+ 0.00 - 0.57 0.57
equal 9.00% Union Bank of India 2099 Bonds AA- 0.56 - 0.64 0.57
equal 9.20% ICICI Bank 31/12/2050 Bonds AA+ 0.42 - 0.48 0.42
equal 9.95% Syndicate Bank Debenture A+ 0.23 - 0.26 0.23
equal 9.50% Union Bank of India 31/12/2048 Bonds AA- 0.11 - 0.12 0.11
equal 11.25% Syndicate Bank Bonds A+ 0.07 - 0.08 0.07
equal 8.75% Axis Bank Bonds/Debentures AA+ 0.06 - 0.47 0.06
equal 10.99% Andhra Bank 31/08/2050 Bonds A+ 0.05 - 0.05 0.05
equal 9.00% State Bank of India 2021 Bonds AA+ 0.01 - 0.01 0.01

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 23.02 9.75 0.00 9.01
up ICICI Bank Financial 33.85 9.64 5.73 8.58
equal Larsen & Toubro Construction 17.00 7.47 0.00 7.32
equal Infosys Technology 19.05 9.18 0.00 7.12
equal ITC FMCG 16.21 7.71 0.94 4.12
up Coal India Energy 5.73 4.57 0.86 3.74
up NTPC Energy 5.44 5.55 0.00 3.66
down Power Grid Corporation Energy 6.12 3.63 2.37 3.27
up Power Finance Corp. Financial 3.05 3.04 0.00 3.04
down Reliance Industries Energy 19.42 6.33 2.27 2.70
up Axis Bank Financial 41.06 5.93 1.57 2.30
equal Tata Steel Metals 8.49 5.65 1.23 1.92
down BPCL Energy 11.83 4.97 0.00 1.80
up REC Financial 4.05 1.76 0.00 1.70
up GAIL Energy 7.59 3.32 0.98 1.41
equal HPCL Energy 11.15 4.16 0.00 1.26
equal Aurobindo Pharma Healthcare 11.55 2.01 0.91 1.13
equal Tata Chemicals Chemicals 14.67 1.25 0.00 1.10
equal Cipla Healthcare 19.41 2.09 0.71 0.97
up Bank of Baroda Financial -- 2.13 0.78 0.93
equal Chambal Fertilisers & Chem. Chemicals 5.22 0.91 0.00 0.81
up Sun Pharmaceutical Inds. Healthcare 22.37 1.05 0.00 0.72
equal NHPC Energy 6.68 0.69 0.00 0.69
equal Punjab National Bank Financial -- 1.13 0.00 0.66
equal Just Dial Services 11.69 1.05 0.00 0.66

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-Jan-2020

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:


-3.22%

Change from previous, NAV as on 28-Feb-2020

Growth: ₹ 195.0750

Dividend Monthly: ₹ 25.6710


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
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: 11.57%
Benchmark: NIFTY 50 Hybrid Composite Debt 65:35
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 44,151 Cr (As on 31-Jan-2020)
Expense: 1.01% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --
Turnover: 17.78%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly25-Feb-20200.3100

 27-Jan-20200.3100
 26-Dec-20190.3100
 25-Nov-20190.3100
 25-Oct-20190.3100
 25-Sep-20190.3100
 26-Aug-20190.3100
 25-Jul-20190.3100
 25-Jun-20190.3100
 27-May-20190.3100
 25-Apr-20190.3100
 25-Mar-20190.3100
 25-Feb-20190.3100
 25-Jan-20190.3100
 26-Dec-20180.3100
 26-Nov-20180.3100
 25-Oct-20180.3100
 25-Sep-20180.3100
 27-Aug-20180.3100
 25-Jul-20180.3100
 25-Jun-20180.3100
 22-Feb-20183.5000
 23-Feb-20173.0000
 18-Feb-20162.5000
 12-Feb-20153.5000

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: 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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