VR Logo

Unrated

HDFC Balanced Advantage Fund


1 Lakh

Investment declined to
₹ 0.94 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.23 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -17.87 0.07 4.50 4.71 -11.70 -17.33 -19.80 -2.20 4.28 9.75 8.85
VR Balanced TRI* -13.04 0.92 4.74 8.41 -7.69 -12.05 -10.93 3.65 6.18 8.95 8.21
Hybrid: Dynamic Asset Allocation* -4.44 0.75 3.49 6.26 -3.56 -3.88 -1.63 2.98 5.39 9.35 8.94

As on 04-Jun-2020

* As on 05-Jun-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 18.84 (27-Oct-2008 - 04-Nov-2008) -20.53 (10-May-2004 - 17-May-2004)
Month 30.48 (28-Apr-2009 - 28-May-2009) -31.69 (20-Feb-2020 - 23-Mar-2020)
Quarter 75.71 (09-Mar-2009 - 10-Jun-2009) -35.54 (02-Sep-2008 - 02-Dec-2008)
Year 144.95 (23-Apr-2003 - 22-Apr-2004) -51.22 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -1.56 17.83 -0.39 -0.45 0.99 -5.30
VR Balanced TRI 3.73 16.94 -0.10 -0.11 -- --
Hybrid: Dynamic Asset Allocation 2.24 11.64 -0.28 -0.29 0.64 -2.09

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

As on 31-May-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 63
Top 10 Holdings (%) 53.25
Top 5 Holdings (%) 31.92
Top 3 Sectors (%) 57.03
Portfolio P/B Ratio 1.10
Portfolio P/E Ratio 8.25

Value Research Equity Fund Style

Value Research Debt Fund Style*

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.75% State Bank of India Bonds AA+ 3.21 - 4.39 4.24
equal 8.60% Canara Bank Bonds AA 1.49 - 2.07 1.96
equal 8.98% Punjab National Bank Zero Coupon Bonds A 0.99 - 1.36 1.27
equal 8.99% Bank of Baroda Non Convertible Debenture AA+ 0.00 - 0.91 0.89
equal 8.15% State Bank of India Bonds AA+ 0.81 - 1.04 0.86
equal 9.15% ICICI Bank Debenture AA+ 0.62 - 0.82 0.80
down 8.85% HDFC Bank 31/12/2099 Bonds AA+ 0.78 - 1.49 0.78
equal 9.00% Union Bank of India 2099 Bonds AA- 0.56 - 0.76 0.73
down 9.20% ICICI Bank 31/12/2050 Bonds AA+ 0.42 - 0.56 0.53
up 8.75% Vedanta 15/04/2021 Debenture AA 0.00 - 0.49 0.49
new 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 0.00 - 0.45 0.45
new 8.75% Muthoot Finance 19/06/2021 Bonds/NCDs AA 0.00 - 0.44 0.44
new Prism Johnson 22/06/2021 Zero Coupon Bonds A 0.00 - 0.43 0.43
equal 8.95% Punjab National Bank Bonds A 0.00 - 0.40 0.40
equal 9.95% Canara Bank Debenture A+ 0.00 - 0.37 0.37
new Prism Johnson 27/09/2021 Zero Coupon Bonds A- 0.00 - 0.29 0.29
down 8.70% Bank of Baroda 28/11/2020 Non Convertible Debenture AA+ 0.00 - 0.63 0.28
new Bajaj Electricals 20/08/2021 Zero Coupon Bonds A- 0.00 - 0.26 0.26
new 2.00% Tata Steel 23/04/2022 Debenture AA 0.00 - 0.24 0.24
new 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture AA 0.00 - 0.23 0.23
equal 9.10% Fullerton India Credit 2021 Non Convertible Debenture AAA 0.00 - 0.15 0.15
equal 9.50% Union Bank of India 31/12/2048 Bonds AA- 0.11 - 0.15 0.14
new Bajaj Electricals 19/02/2021 Zero Coupon Bonds A- 0.00 - 0.12 0.12
new 11.80% Tata Steel Debenture AA- 0.00 - 0.09 0.09
equal 11.25% Canara Bank Bonds A+ 0.00 - 0.09 0.09

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

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 24.18 9.64 5.73 7.72
equal State Bank of India Financial 11.88 9.75 0.00 6.79
equal Larsen & Toubro Construction 13.73 7.47 0.00 6.67
equal ITC FMCG 16.40 7.71 0.94 5.49
up NTPC Energy 5.00 5.55 1.14 5.25
up Power Grid Corporation Energy 5.78 4.84 2.59 4.84
up Coal India Energy 4.93 4.63 0.86 4.63
down Infosys Technology 18.06 9.18 0.00 4.57
equal Aurobindo Pharma Healthcare 16.99 3.05 0.91 3.05
down Reliance Industries Energy 27.16 6.15 2.14 2.85
equal Power Finance Corp. Financial 2.40 3.36 0.00 2.63
up BPCL Energy 10.27 4.97 0.00 2.61
equal Axis Bank Financial 61.74 5.93 1.57 1.84
up REC Financial 3.43 1.76 0.00 1.67
equal HPCL Energy 11.55 4.16 0.00 1.63
equal Tata Steel Metals 7.55 5.65 1.23 1.62
equal GAIL Energy 7.10 3.32 1.22 1.47
down Cipla Healthcare 33.94 2.09 0.71 1.26
up Ambuja Cements Construction 17.99 4.02 0.00 1.11
up Lupin Healthcare -- 0.87 0.00 0.87
up NHPC Energy 6.53 0.85 0.00 0.83
up SBI Cards & Payments Services Financial 47.21 0.79 0.00 0.79
equal Chambal Fertilisers & Chem. Chemicals 4.69 0.91 0.00 0.76
equal Mishra Dhatu Nigam Metals 18.94 0.75 0.00 0.74
up Jindal Steel & Power Metals -- 0.70 0.00 0.70

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-May-2020

*As on 30-Apr-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:


2.33%

Change from previous, NAV as on 05-Jun-2020

Growth: ₹ 169.4550

Dividend Monthly: ₹ 20.8960


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-Feb-1994
Return Since Launch: 16.90%
Benchmark: NIFTY 50 Hybrid Composite Debt 65:35
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 33,772 Cr (As on 31-May-2020)
Expense: 1.73% (As on 30-Apr-2020)
Risk Grade: --
Return Grade: --
Turnover: 31.66%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly26-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
 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

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

Upcoming Video

Value Investing

Shop for value or hold cash

dateFriday, 12-Jun-2020
time12:30 PM - 01:00 PM