HDFC Balanced Advantage Fund – Direct Growth

₹ 100
Min SIP
₹ 100
Min Lumpsum
0.72 %
Expense Ratio
★★★★★
Rating
79,875
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 39.2% 25.9% 18.6% 16.2%
Category Average 24.3% 16.5% 14.9% -

Scheme Allocation

By Holding
By Sector
By Asset
5.94%
3.92%
3.5%
3.39%
Others
79.44%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 5.94%
Coal India Mining & Mineral products Equity 3.92%
St Bk of India Banks Equity 3.81%
ICICI Bank Banks Equity 3.5%
NTPC Power Generation & Distribution Equity 3.39%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.65%
Reliance Industr Refineries Equity 2.6%
Infosys IT - Software Equity 2.43%
ITC Tobacco Products Equity 2.23%
Power Fin.Corpn. Finance Equity 2.05%
REC Ltd Finance Equity 1.88%
Axis Bank Banks Equity 1.71%
Bharti Airtel Telecomm-Service Equity 1.57%
TCS IT - Software Equity 1.36%
Sun Pharma.Inds. Pharmaceuticals Equity 1.26%
Bank of Baroda Banks Equity 1.26%
GAIL (India) Gas Distribution Equity 1.24%
Lupin Pharmaceuticals Equity 1.18%
Tata Motors Automobile Equity 1.05%
B P C L Refineries Equity 0.97%
H P C L Refineries Equity 0.9%
NHPC Ltd Power Generation & Distribution Equity 0.9%
Hind.Aeronautics Aerospace & Defence Equity 0.9%
M & M Automobile Equity 0.88%
Bharat Dynamics Aerospace & Defence Equity 0.77%
Guj Pipavav Port Marine Port & Services Equity 0.73%
Mishra Dhatu Nig Aerospace & Defence Equity 0.66%
Titagarh Rail Capital Goods-Non Electrical Equipment Equity 0.63%
Apar Inds. Capital Goods - Electrical Equipment Equity 0.57%
SBI Life Insuran Insurance Equity 0.55%
Apollo Tyres Tyres Equity 0.53%
Garden Reach Sh. Aerospace & Defence Equity 0.53%
Techno Elec.Engg Infrastructure Developers & Operators Equity 0.48%
Maruti Suzuki Automobile Equity 0.43%
BEML Ltd Aerospace & Defence Equity 0.43%
IndusInd Bank Banks Equity 0.42%
J Kumar Infra Infrastructure Developers & Operators Equity 0.4%
Aurobindo Pharma Pharmaceuticals Equity 0.39%
Bajaj Finserv Finance Equity 0.39%
Bajaj Finance Finance Equity 0.38%
Ipca Labs. Pharmaceuticals Equity 0.38%
Adani Ports Marine Port & Services Equity 0.33%
Dynamatic Tech. Capital Goods-Non Electrical Equipment Equity 0.33%
O N G C Crude Oil & Natural Gas Equity 0.33%
Bharat Forge Castings, Forgings & Fastners Equity 0.32%
Hind. Unilever FMCG Equity 0.32%
Lak. Mach. Works Engineering Equity 0.29%
Ashoka Buildcon Infrastructure Developers & Operators Equity 0.29%
Savita Oil Tech Petrochemicals Equity 0.28%
I R F C Finance Equity 0.27%
Kalpataru Proj. Capital Goods - Electrical Equipment Equity 0.26%
CESC Power Generation & Distribution Equity 0.26%
Time Technoplast Plastic products Equity 0.25%
Life Insurance Insurance Equity 0.24%
Titan Company Diamond, Gems and Jewellery Equity 0.23%
Jio Financial Finance Equity 0.22%
Cipla Pharmaceuticals Equity 0.21%
PCBL Ltd Chemicals Equity 0.21%
Texmaco Rail Capital Goods-Non Electrical Equipment Equity 0.21%
Tega Inds. Engineering Equity 0.21%
Asian Paints Paints/Varnish Equity 0.2%
GE Shipping Co Shipping Equity 0.18%
SBI Cards Finance Equity 0.16%
Ashok Leyland Automobile Equity 0.16%
Zee Entertainmen Entertainment Equity 0.16%
Tata Power Co. Power Generation & Distribution Equity 0.15%
Kotak Mah. Bank Banks Equity 0.14%
Guj Inds. Power Power Generation & Distribution Equity 0.14%
Tata Steel Steel Equity 0.12%
Canara Bank Banks Equity 0.12%
Dr Reddy's Labs Pharmaceuticals Equity 0.11%
Apollo Hospitals Healthcare Equity 0.11%
Nestle India FMCG Equity 0.11%
Tech Mahindra IT - Software Equity 0.09%
Interglobe Aviat Air Transport Service Equity 0.09%
Bharti Airtel PP Telecomm-Service Equity 0.09%
Adani Enterp. Trading Equity 0.08%
Ambuja Cements Cement Equity 0.08%
Punjab Natl.Bank Banks Equity 0.08%
Aditya AMC Finance Equity 0.08%
H U D C O Finance Equity 0.08%
Wipro IT - Software Equity 0.08%
IRB Infra.Devl. Infrastructure Developers & Operators Equity 0.07%
UPL Agro Chemicals Equity 0.07%
Divi's Lab. Pharmaceuticals Equity 0.06%
Eicher Motors Automobile Equity 0.06%
ACC Cement Equity 0.06%
Shriram Finance Finance Equity 0.06%
Hindalco Inds. Non Ferrous Metals Equity 0.06%
B H E L Capital Goods - Electrical Equipment Equity 0.05%
Samvardh. Mothe. Auto Ancillaries Equity 0.05%
JSW Steel Steel Equity 0.05%
RHI Magnesita Refractories Equity 0.05%
I R C T C Railways Equity 0.05%
JSW Infrast Marine Port & Services Equity 0.04%
Godrej Propert. Realty Equity 0.04%
Cholaman.Inv.&Fn Finance Equity 0.04%
UltraTech Cem. Cement Equity 0.04%
HCL Technologies IT - Software Equity 0.04%
AGS Transact IT - Hardware Equity 0.04%
Rites Infrastructure Developers & Operators Equity 0.04%
BEML Land Assets Construction Equity 0.03%
Bosch Auto Ancillaries Equity 0.03%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.03%
HDFC Life Insur. Insurance Equity 0.03%
I O C L Refineries Equity 0.02%
Jindal Steel Steel Equity 0.02%
Indus Towers Telecomm Equipment & Infra Services Equity 0.02%
Indian Hotels Co Hotels & Restaurants Equity 0.02%
Mphasis IT - Software Equity 0.02%
Ramco Systems IT - Software Equity 0.02%
LTIMindtree IT - Software Equity 0.01%
Campus Activewe. Leather Equity 0.01%
Container Corpn. Logistics Equity 0.01%
Natl. Aluminium Non Ferrous Metals Equity 0.01%
Glenmark Pharma. Pharmaceuticals Equity 0.01%
Zydus Lifesci. Pharmaceuticals Equity 0.01%
MEP Infrast. Infrastructure Developers & Operators Equity 0.01%
Dabur India FMCG Equity 0.01%
Godrej Consumer FMCG Equity 0.01%
Escorts Kubota Automobile Equity 0.01%
P I Industries Agro Chemicals Equity 0.01%
G N F C Chemicals Equity 0.01%
SRF Chemicals Equity 0.01%
Aarti Industries Chemicals Equity 0.01%
Pidilite Inds. Chemicals Equity 0.01%
PVR Inox Entertainment Equity 0.01%
Piramal Enterp. Finance Equity 0.01%
Can Fin Homes Finance Equity 0.01%
Siemens Capital Goods - Electrical Equipment Equity 0.01%
Grasim Inds Textiles Equity 0.01%
DLF Realty Equity 0.01%
S A I L Steel Equity 0.01%
Syngene Intl. Pharmaceuticals Equity 0.01%
Laurus Labs Pharmaceuticals Equity 0.01%
ICICI Pru Life Insurance Equity 0.01%
Hero Motocorp Automobile Equity 0.01%
Aditya Bir. Fas. Retail Equity 0%
Petronet LNG Gas Distribution Equity 0%
India Cements Cement Equity 0%
Tata Consumer Plantation & Plantation Products Equity 0%
Oracle Fin.Serv. IT - Software Equity 0%
Oberoi Realty Realty Equity 0%
L&T Fin.Holdings Finance Equity 0%
Dr Lal Pathlabs Healthcare Equity 0%
Navin Fluo.Intl. Chemicals Equity 0%
Persistent Sys IT - Software Equity 0%
Vedanta Mining & Mineral products Equity 0%
Polycab India Cables Equity 0%
LIC Housing Fin. Finance Equity 0%
United Spirits Alcoholic Beverages Equity 0%
Balkrishna Inds Tyres Equity 0%
Indian Energy Ex Financial Services Equity 0%
M & M Fin. Serv. Finance Equity 0%
Page Industries Readymade Garments/ Apparells Equity 0%
I D F C Finance Equity 0%
Crompton Gr. Con Consumer Durables Equity 0%
Marico Edible Oil Equity 0%
United Breweries Alcoholic Beverages Equity 0%
Tata Comm Telecomm-Service Equity 0%
J K Cements Cement Equity 0%
Debt
30.97%
Banks
16.67%
Finance
5.83%
Power
4.91%
Petroleum Products
4.75%
Others
36.88%
View all Sectors
Sectors Asset
Debt 30.97%
Banks 16.67%
Finance 5.83%
Power 4.91%
Petroleum Products 4.75%
Consumable Fuels 4.09%
Construction 4.06%
IT-Software 3.95%
Pharmaceuticals & Biotech 3.67%
Aerospace & Defense 2.92%
Automobiles 2.29%
Diversified FMCG 2.2%
Industrial Manufacturing 1.71%
Telecom-Services 1.5%
Gas 1.38%
Transport Infrastructure 1.13%
Insurance 0.87%
Electrical Equipments 0.65%
Industrial Products 0.6%
Agricultural, Commercial 0.59%
Auto Components 0.59%
Cash & Others 0.49%
Consumer Durables 0.43%
Oil 0.32%
Transport Services 0.28%
Chemicals & Petrochemical 0.27%
Entertainment 0.2%
Ferrous Metals 0.14%
Cement & Cement Products 0.13%
Food Products 0.12%
Healthcare Services 0.11%
Capital Markets 0.1%
Metals & Minerals Trading 0.09%
Fertilisers & Agrochemica 0.07%
Leisure Services 0.07%
Non-Ferrous Metals 0.06%
Financial Technology (Fin 0.05%
Personal Products 0.02%
Realty 0.01%
Beverages 0.01%
Textiles & Apparels 0%
Agricultural Food & other 0%
Equity
67.43%
Govt Securities / Sovereign
15.31%
Non Convertable Debenture
11.49%
Reverse Repos
2.57%
REITs
1.4%
Others
1.79%
View all Assets
Assets Asset
Equity 67.43%
Govt Securities / Sovereign 15.31%
Non Convertable Debenture 11.49%
Reverse Repos 2.57%
REITs 1.4%
Net Curr Ass/Net Receivables 0.62%
Debt & Others 0.45%
InvITs 0.28%
Pass Through Certificates 0.26%
Certificate of Deposit 0.25%

Advance Ratio

10.99
Alpha
2.99
SD
0.63
Beta
1.49
Sharpe

Exit Load

Exit Load 1.00% - If Units are redeemed / switched-out within 1 years from the date of allotment. Nil - If Units are redeemed / switched-out after 1 years from the date of allotment.

Fund Objective

HDFC Mutual Fund’s HDFC Balanced Advantage Fund Direct Plan-Growth is a mutual fund investment option that is classified as a Hybrid fund. This scheme was introduced on September 11, 2000, and its current fund managers are Gopal Agrawal, Anil Bamboli, Arun Agarwal, and Srinivasa Ramamurthy.

The return performance of the HDFC Balanced Advantage Fund Direct Plan-Growth plan for 2022 was 17.54 %; over the past three years, it was 63.44%, and from its inception, it has returned 266.52 %. The minimum SIP investment required for this plan is ?100.

The long-term goal of this fund is to generate income and capital appreciation via a diversified portfolio of equities and debt assets. The fund managers will decide how much of the portfolio to put into equities and how much into debt based on the current market and economic circumstances. Interest rates, stock values, the medium- to long-term outlook of the asset classes, risk management, etc., will all play a role in determining the optimal debt-equity balance at any given moment for HDFC Balanced Advantage Fund.

Pros and Cons

Pros Cons
It maintains a balanced mix of equities and debt funds for investment purposes. The HDFC Balanced Advantage Fund is categorised as high-risk.
Long-term returns on equity funds are greater. Debt funds produce a lower return than equity funds.
Over the course of time, it will result in increased income. Investment is not recommended for the short term.

Who should invest in HDFC Balanced Advantage Fund?

The HDFC Balanced Advantage Fund is a good investment for the following kinds of people:

  • If you’re looking for a more stable investment option than pure equity funds, the HDFC Balanced Advantage Fund could be a good fit. Returns are anticipated to be greater than those of pure debt funds due to the ability to switch between equities and debt instruments on the fly.
  • This product might appeal to investors who prefer the diversification and stability of hybrid funds over those of pure equity funds.
  • Investors who are interested in gaining exposure to the market via investments in both debt and equity funds can consider the HDFC Balanced Advantage Fund.
  • Investing in the fund is an option worth considering if you have long-term financial objectives in mind.

What are the benefits of investing in the HDFC Balanced Advantage Fund?

HDFC balanced Advantage Fund is a type of dynamic asset allocation fund, providing investors with a diverse portfolio that includes both stocks and bonds. In response to changing market circumstances, these funds may reallocate their holdings between equities and debt.

Consequently, if they are well-managed, these funds can achieve strong results even in a very turbulent market. The HDFC Balanced Advantage Fund offers many advantages, including the following:

Funds of different types

The HDFC Balanced Advantage Fund has holdings in a multitude of funds, including equities and debt. As a result, you obtain the potential benefits of both kinds.

Proven fund

The fact that the HDFC Balanced Advantage Fund has been operating for more than two decades in the financial market enables it to be both prudent and advantageous for your investment.

Investing for the long term

When considering an investment in the HDFC Balanced Advantage Fund, a time horizon of three years or more is recommended. Funds can resist the volatility of the market in this manner and receive superior returns.

Fund Managers

Gopal Agrawal - Fund Manager

Mr Gopal has worked with several fund houses before joining HDFC. He joined DSP Investment Managers in July 2018 as Head of Macro Strategy & Senior Fund Manager. Before that, he has over 20 years of experience at Tata Mutual Fund, Mirae Asset Mutual Fund and SBI Mutual Fund, managing some of its marquee funds. He has extensive experience in sectors such as Petrochemicals, Capital Goods, Power, Oil & Gas, and more. Mr Agarwal manages 9 HDFC schemes with an AUM of ₹17,987 Cr.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

HDFC Mutual Fund
AUM:
6,17,677 Cr
Address:
HDFC House, 2nd Flr, H.T.Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020.
Contact:
022 - 6631 6333
Email ID:
cliser@hdfcfund.com

More Funds from HDFC Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in HDFC Balanced Advantage Fund – Direct Growth ?

You can invest in HDFC Balanced Advantage Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for HDFC Balanced Advantage Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of HDFC Balanced Advantage Fund – Direct Growth ?

The NAV of HDFC Balanced Advantage Fund – Direct Growth is ₹487.6 as of 18 April 2024.

How to redeem HDFC Balanced Advantage Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of HDFC Balanced Advantage Fund – Direct Growth?

The minimum SIP amount of HDFC Balanced Advantage Fund – Direct Growth is ₹100

What are the top sectors HDFC Balanced Advantage Fund – Direct Growth has invested in?

The top sectors HDFC Balanced Advantage Fund – Direct Growth has invested in are
  1. Debt - 30.97%
  2. Banks - 16.67%
  3. Finance - 5.83%
  4. Power - 4.91%
  5. Petroleum Products - 4.75%

Can I make investments in both the SIP and Lump Sum schemes of HDFC Balanced Advantage Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of HDFC Balanced Advantage Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have HDFC Balanced Advantage Fund – Direct Growth generated ?

The HDFC Balanced Advantage Fund – Direct Growth has delivered 16.2% since inception

What is the expense ratio of HDFC Balanced Advantage Fund – Direct Growth ?

The expense ratio of HDFC Balanced Advantage Fund – Direct Growth is 0.72 % as of 18 April 2024.

What is the AUM of HDFC Balanced Advantage Fund – Direct Growth?

The AUM of HDFC Balanced Advantage Fund – Direct Growth is ₹6,17,677 Cr as of 18 April 2024

What are the top stock holdings of HDFC Balanced Advantage Fund – Direct Growth?

The top stock holdings of HDFC Balanced Advantage Fund – Direct Growth are
  1. HDFC Bank - 5.94%
  2. Coal India - 3.92%
  3. St Bk of India - 3.81%
  4. ICICI Bank - 3.5%
  5. NTPC - 3.39%

How can I redeem my investments in HDFC Balanced Advantage Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select HDFC Balanced Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock-in period for HDFC Balanced Advantage Fund - Direct Growth?

No, there is no lock-in period for HDFC Balanced Advantage Fund – Direct Growth.

Invest Now