HDFC Balanced Advantage Fund - Growth

( NAV change from the previous, NAV as on )

Launch Date

1994-02-01 05:30:00.0

AUM

NA
(as on date NA)

Benchmark

NIFTY 50 Hybrid Composite Debt 65:35 Index

Fund Manager

Amar Kalkundrikar, Prashant Jain

Risk: Moderately High

HDFC Balanced Advantage Fund Overview

HDFC Balanced Advantage Fund is an open-ended hybrid fund under balanced advantage scheme. The previous name of HDFC Balanced Advantage Fund was HDFC Growth and HDFC Prudence. Mr. Prashant Jain and Mr. Amar Kalkundrikar manages HDFC Balanced Advantage Fund portfolio. The investment objective of HDFC Balanced Advantage Fund is to invest in a mix of debt and equity instruments to generate long term wealth. HDFC Balanced Advantage Fund portfolio focuses on diverse asset classes with varied risk return profile. The ideal investment period in HDFC Balanced Advantage Fund is 3 years and above. You can invest in either HDFC Balanced Advantage Fund growth plan or can go for HDFC Balanced Advantage Fund dividend option. If you want to invest a certain amount each month, then HDFC Balanced Advantage Fund sip minimum amount is Rs. 500. HDFC Balanced Advantage Fund NAV details gives a better understanding of HDFC Balanced Advantage Fund performance since the fund is launched.

Eligibility for investing in HDFC Balanced Advantage Fund

  • Adult citizens residing in India.
  • Banking and financial institutions
  • Minor through legal guardians/parents.
  • Foreign Institutional Investors (FIIs) who have registered under the Securities and Exchange Board of India on repatriation basis
  • Limited liability partnership.
  • Religious and charitable trusts.
  • Other schemes of Mutual Funds subject to the conditions and limits prescribed by SEBI Regulations.
  • Mutual Funds or Alternative Investment Funds which is registered under the SEBI
  • Persons residing abroad but Indian origin or Non-Resident Indians
  • The Karta of Hindu Undivided Family (HUF)

Documents required for HDFC Balanced Advantage Fund

KYC Documents-

  • AADHAAR Card
  • PAN Card
  • Passport size Photographs
  • Voter ID
  • Acknowledgment receipt

Advantages of HDFC Balanced Advantage Fund

  • Investment in HDFC Balanced Advantage Fund portfolio offers diversification across various asset classes.
  • HDFC Balanced Advantage Fund performance table gives us a clear idea of the fund's returns over 10 years.
  • You get the option of investing in HDFC Balanced Advantage Fund growth scheme and HDFC Balanced Advantage Fund dividend option.
  • HDFC Balanced Advantage Fund sip amount is as low as Rs. 500 which you can easily invest every month.
  • Based on HDFC Balanced Advantage Fund NAV details, you can easily go for HDFC Balanced Advantage Fund apply online.
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