Insights of HDFC Balanced Advantage Fund

Mutual Fund

HDFC Balanced Advantage Fund is an open ended hybrid fund under dynamic asset allocation category. Previously this fund was named HDFC Growth and HDFC Prudence Fund. The investment objective of HDFC Balanced Advantage Fund is to generate long term capital and regular income by investing in a dynamic mix of equity and debt securities. However the returns of this fund is not guaranteed.

 HDFC Balanced Advantage Fund was launched on February 01, 1994. The investors are provided with 2 different investment options of this fund namely- HDFC Balanced Advantage Fund growth scheme and HDFC Balanced Advantage Fund dividend scheme. Minimum amount of Rs. 500 you can invest in HDFC Balanced Advantage Fund sip plan. 

Investment Facts of HDFC Balanced Advantage Fund

  • HDFC Balanced Advantage Fund portfolio allocation includes 84.39% in equity stocks out of which 68.47% in large cap, 8.96% in mid cap and 6.76% in small cap stocks. Also, this fund invests 14.69% in debt instruments.
  • You can invest in this mutual fund scheme online which is really easy and time saving.
  • HDFC Balanced Advantage Fund growth fund is suitable for those who wants to invest in a mix of equity and debt securities which helps in generating a high return along with a balanced risk management.
  • Expert fund managers invest in HDFC Balanced Advantage Fund regular plan growth fund and HDFC Balanced Advantage Fund regular plan dividend fund based on the investor’s objective depending on the current economic and market condition. 

Top 5 Sectors of HDFC Balanced Advantage Fund

S.No.

Holding Name

Net Assets (in %)

1

Bank – Private

15.63

2

Miscellaneous

14.21

3

Miscellaneous

9.85

4

Miscellaneous

7.29

5

IT – Software

5.98

(as on 26/04/2019)

Top 10 Holdings of HDFC Balanced Advantage Fund

S.No.

Holding Name

Net Assets (in %)

1

HDFC Bank Ltd.

7.05

2

Collateralised Borrowing & Lending Obligation

6.39

3

Infosys Ltd.

3.86

4

Housing Development Finance Corporation Ltd.$

3.24

5

ITC Ltd.

3.09

6

Larsen & Toubro Ltd.

2.99

7

ICICI Bank Ltd.

2.93

8

Axis Bank Ltd.

1.83

9

Indusind Bank Ltd.

1.79

10

Aurobindo Pharma Ltd.

1.7

(as on 26/04/2019)

HDFC Balanced Advantage Fund Details

Launch Date- February 01, 1994

Fund Manager- Mr. Prashant Jain, Mr. Amar Kalkundrikar

Risk- Moderately High

Benchmark- NIFTY 50 Hybrid Composite debt 65:35

Return Since Launch- 18.57% 

AUM- Rs. 40894.01 crore (as on March  31, 2019)

HDFC Balanced Advantage Fund performance table is shown below-


1-Year 

3-Year

5-Year

10-Year

Fund

8.63

13.22

14.21

17.74

S&P BSE 500 TRI 

11.41

13.84

12.09

12.67

Category 

3.41

8.83

10.42

12.03

Rank Within ategory

Number of Funds









(as on APR 26. 2019)

Apply Personal Loan Online at Lowest Interest Rate Upto Rs. 40 Lacs

*Salary account or relational bank
Proceed
Terms of Use
By clicking on 'Apply Now' I authorize FreEMI and its representative to call me or SMS me overriding my registry on DNC/NDNC.

Loan Duration: 12 - 60 months*   T&C Apply*

Previous
Leave a Reply

Your email address will not be published. Required fields are marked *