HDFC Balanced Advantage Fund – Direct Growth
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Invested Amount--
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Wealth Gained--
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Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 39.4% | 25% | 21.5% | 16.9% | ||||
| Category Average | 19.6% | 13.9% | 14.6% | - |
Scheme Allocation
Advance Ratio
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. |
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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
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- 5,437
-
14.1%Fund Size - 5,437
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8.8%Fund Size - 5,437
-
11%Fund Size - 5,437
-
- 133
-
23.6%Fund Size - 133
-
16.5%Fund Size - 133
-
13.7%Fund Size - 133
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- 11,720
-
25.5%Fund Size - 11,720
-
14.8%Fund Size - 11,720
-
18%Fund Size - 11,720
-
- 58,562
-
22.7%Fund Size - 58,562
-
14.6%Fund Size - 58,562
-
14.9%Fund Size - 58,562
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- 770
-
26.7%Fund Size - 770
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14.4%Fund Size - 770
-
13.9%Fund Size - 770
AMC Contact Details
More Funds from HDFC Mutual Fund
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Debt .
- Fixed Maturity Plans .
-
- 358
-
11.2%Fund Size - 358
-
14.5%Fund Size - 358
-
14%Fund Size - 358
-
- Debt .
- Fixed Maturity Plans .
-
- 170
-
11.2%Fund Size - 170
-
14.5%Fund Size - 170
-
14%Fund Size - 170
-
- Debt .
- Fixed Maturity Plans .
-
- 640
-
11.2%Fund Size - 640
-
14.5%Fund Size - 640
-
14%Fund Size - 640
-
- Debt .
- Fixed Maturity Plans .
-
- 74
-
11.2%Fund Size - 74
-
14.5%Fund Size - 74
-
14%Fund Size - 74
-
- Debt .
- Fixed Maturity Plans .
-
- 55
-
11.2%Fund Size - 55
-
14.5%Fund Size - 55
-
14%Fund Size - 55
Mutual Funds By Category
Equity
Debt
Hybrid
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
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- Equity .
- Large Cap .
-
- 29,533
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37.9%Fund Size - 29,533
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26.1%Fund Size - 29,533
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22%Fund Size - 29,533
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- Equity .
- Large Cap .
-
- 2,120
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42.2%Fund Size - 2,120
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21.5%Fund Size - 2,120
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21.7%Fund Size - 2,120
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- Equity .
- Large Cap .
-
- 13,930
-
32.1%Fund Size - 13,930
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17.7%Fund Size - 13,930
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21.5%Fund Size - 13,930
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- Equity .
- Large Cap .
-
- 59,364
-
38.6%Fund Size - 59,364
-
22.4%Fund Size - 59,364
-
21.4%Fund Size - 59,364
-
- Equity .
- Large Cap .
-
- 8,847
-
34.6%Fund Size - 8,847
-
18.6%Fund Size - 8,847
-
21.1%Fund Size - 8,847
Frequently Asked Questions
How to invest in HDFC Balanced Advantage Fund – Direct Growth ?
- 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 ?
How to redeem HDFC Balanced Advantage Fund – Direct Growth holding ?
What is the minimum sip amount of HDFC Balanced Advantage Fund – Direct Growth?
What are the top sectors HDFC Balanced Advantage Fund – Direct Growth has invested in?
- Debt - 32.01%
- Banks - 16.29%
- Finance - 5.83%
- Petroleum Products - 4.4%
- Construction - 4.17%
Can I make investments in both the SIP and Lump Sum schemes of HDFC Balanced Advantage Fund – Direct Growth?
What is PE Ratio of HDFC Balanced Advantage Fund – Direct Growth ?
How much returns have HDFC Balanced Advantage Fund – Direct Growth generated ?
What is the expense ratio of HDFC Balanced Advantage Fund – Direct Growth ?
What is the AUM of HDFC Balanced Advantage Fund – Direct Growth?
What are the top stock holdings of HDFC Balanced Advantage Fund – Direct Growth?
- HDFC Bank - 6.13%
- Coal India - 3.64%
- St Bk of India - 3.51%
- ICICI Bank - 3.5%
- NTPC - 3.1%
How can I redeem my investments in HDFC Balanced Advantage Fund – Direct Growth?
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.