HDFC Balanced Advantage Fund – Direct Growth

Hybrid · Dynamic Asset Allocation or Balanced Advantage
 · ★★★★
100
Min SIP
100
Min Lumpsum
0.84 %
Expense Ratio
★★★★
Rating
61,598
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 29 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 28.5% 30.8% 16.8% 15.3%
Category Average 18.2% 21.6% 13.9% -

Scheme Allocation

By Holding
By Sector
By Asset
6.67%
4.28%
3.67%
3.49%
Others
78.23%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 6.67%
ICICI Bank Banks Equity 4.28%
Coal India Mining & Mineral products Equity 3.67%
St Bk of India Banks Equity 3.66%
NTPC Power Generation & Distribution Equity 3.49%
ITC Tobacco Products Equity 2.97%
Infosys IT - Software Equity 2.77%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.49%
Reliance Industr Refineries Equity 2%
Axis Bank Banks Equity 1.92%
Power Fin.Corpn. Finance Equity 1.92%
REC Ltd Finance Equity 1.84%
TCS IT - Software Equity 1.35%
Bharti Airtel Telecomm-Service Equity 1.26%
Sun Pharma.Inds. Pharmaceuticals Equity 1.2%
Bank of Baroda Banks Equity 1.14%
GAIL (India) Gas Distribution Equity 1.11%
Lupin Pharmaceuticals Equity 1.03%
Mishra Dhatu Nig Steel Equity 0.91%
M & M Automobile Equity 0.82%
Titagarh Rail Capital Goods-Non Electrical Equipment Equity 0.81%
Garden Reach Sh. Ship Building Equity 0.8%
Apar Inds. Capital Goods - Electrical Equipment Equity 0.78%
Hind.Aeronautics Capital Goods-Non Electrical Equipment Equity 0.75%
Apollo Tyres Tyres Equity 0.73%
Bharat Dynamics Capital Goods-Non Electrical Equipment Equity 0.71%
Tata Motors Automobile Equity 0.7%
NHPC Ltd Power Generation & Distribution Equity 0.67%
H P C L Refineries Equity 0.66%
B P C L Refineries Equity 0.63%
Guj Pipavav Port Marine Port & Services Equity 0.58%
SBI Life Insuran Insurance Equity 0.58%
I R F C Finance Equity 0.5%
BEML Ltd Capital Goods-Non Electrical Equipment Equity 0.45%
Bajaj Finance Finance Equity 0.43%
Bajaj Finserv Finance Equity 0.43%
Techno Elec.Engg Infrastructure Developers & Operators Equity 0.43%
IndusInd Bank Banks Equity 0.42%
Zee Entertainmen Entertainment Equity 0.39%
Lak. Mach. Works Engineering Equity 0.38%
Ipca Labs. Pharmaceuticals Equity 0.35%
Aurobindo Pharma Pharmaceuticals Equity 0.34%
J Kumar Infra Infrastructure Developers & Operators Equity 0.34%
Maruti Suzuki Automobile Equity 0.34%
Bharat Forge Castings, Forgings & Fastners Equity 0.32%
CESC Power Generation & Distribution Equity 0.3%
O N G C Crude Oil & Natural Gas Equity 0.27%
Savita Oil Tech Petrochemicals Equity 0.27%
Time Technoplast Plastic products Equity 0.26%
GE Shipping Co Shipping Equity 0.25%
SBI Cards Finance Equity 0.25%
Texmaco Rail Capital Goods-Non Electrical Equipment Equity 0.25%
Ashoka Buildcon Infrastructure Developers & Operators Equity 0.24%
Asian Paints Paints/Varnish Equity 0.23%
H U D C O Finance Equity 0.23%
Ashok Leyland Automobile Equity 0.22%
Dynamatic Tech. Capital Goods-Non Electrical Equipment Equity 0.22%
Kalpataru Proj. Capital Goods - Electrical Equipment Equity 0.22%
Life Insurance Insurance Equity 0.22%
Tega Inds. Engineering Equity 0.22%
Cipla Pharmaceuticals Equity 0.19%
Jio Financial Finance Equity 0.19%
Titan Company Diamond, Gems and Jewellery Equity 0.19%
Ajanta Pharma Pharmaceuticals Equity 0.18%
PCBL Ltd Chemicals Equity 0.18%
Hind. Unilever FMCG Equity 0.16%
Guj Inds. Power Power Generation & Distribution Equity 0.14%
Kotak Mah. Bank Banks Equity 0.12%
Adani Ports Infrastructure Developers & Operators Equity 0.11%
Tech Mahindra IT - Software Equity 0.1%
Aditya AMC Finance Equity 0.09%
RHI Magnesita Refractories Equity 0.09%
Apollo Hospitals Healthcare Equity 0.08%
Interglobe Aviat Air Transport Service Equity 0.08%
UPL Agro Chemicals Equity 0.08%
Adani Enterp. Trading Equity 0.07%
Bharti Airtel PP Telecomm-Service Equity 0.07%
Rites Infrastructure Developers & Operators Equity 0.07%
Ambuja Cements Cement Equity 0.06%
UltraTech Cem. Cement Equity 0.06%
AGS Transact IT - Hardware Equity 0.05%
IRB Infra.Devl. Infrastructure Developers & Operators Equity 0.05%
JSW Steel Steel Equity 0.05%
Dr Reddy's Labs Pharmaceuticals Equity 0.04%
HCL Technologies IT - Software Equity 0.04%
Shriram Finance Finance Equity 0.04%
Tata Steel Steel Equity 0.04%
BEML Land Assets Construction Equity 0.03%
B H E L Capital Goods - Electrical Equipment Equity 0.03%
Canara Bank Banks Equity 0.03%
Eicher Motors Automobile Equity 0.03%
Punjab Natl.Bank Banks Equity 0.03%
Ramco Systems IT - Software Equity 0.03%
TVS Motor Co. Automobile Equity 0.03%
ACC Cement Equity 0.02%
Britannia Inds. FMCG Equity 0.02%
Campus Activewe. Leather Equity 0.02%
DLF Realty Equity 0.02%
Godrej Consumer FMCG Equity 0.02%
HDFC Life Insur. Insurance Equity 0.02%
Indian Hotels Co Hotels & Restaurants Equity 0.02%
Tata Power Co. Power Generation & Distribution Equity 0.02%
Wipro IT - Software Equity 0.02%
Bajaj Auto Automobile Equity 0.01%
Can Fin Homes Finance Equity 0.01%
Container Corpn. Logistics Equity 0.01%
Dabur India FMCG Equity 0.01%
Divi's Lab. Pharmaceuticals Equity 0.01%
Grasim Inds Textiles Equity 0.01%
I O C L Refineries Equity 0.01%
I R C T C Railways Equity 0.01%
MEP Infrast. Infrastructure Developers & Operators Equity 0.01%
Nestle India FMCG Equity 0.01%
Piramal Enterp. Finance Equity 0.01%
Syngene Intl. Pharmaceuticals Equity 0.01%
Tata Consumer Plantation & Plantation Products Equity 0.01%
Power Grid Corpn Power Generation & Distribution Equity 0%
Hero Motocorp Automobile Equity 0%
Glenmark Pharma. Pharmaceuticals Equity 0%
Siemens Capital Goods - Electrical Equipment Equity 0%
Cholaman.Inv.&Fn Finance Equity 0%
Oberoi Realty Realty Equity 0%
ICICI Pru Life Insurance Equity 0%
United Spirits Alcoholic Beverages Equity 0%
LTIMindtree IT - Software Equity 0%
G N F C Chemicals Equity 0%
Torrent Pharma. Pharmaceuticals Equity 0%
Indus Towers Telecomm Equipment & Infra Services Equity 0%
LIC Housing Fin. Finance Equity 0%
Marico FMCG Equity 0%
India Cements Cement Equity 0%
United Breweries Alcoholic Beverages Equity 0%
SRF Chemicals Equity 0%
Astral Plastic products Equity 0%
J K Cements Cement Equity 0%
Page Industries Readymade Garments/ Apparells Equity 0%
Chambal Fert. Fertilizers Equity 0%
Debt
29.74%
Banks
19.04%
Finance
6.43%
Power
4.75%
IT-Software
4.22%
Others
35.82%
View all Sectors
Sectors Asset
Debt 29.74%
Banks 19.04%
Finance 6.43%
Power 4.75%
IT-Software 4.22%
Construction 3.84%
Petroleum Products 3.83%
Consumable Fuels 3.71%
Diversified FMCG 3.36%
Pharmaceuticals & Biotech 3.28%
Aerospace & Defense 2.95%
Automobiles 1.82%
Industrial Manufacturing 1.67%
Telecom-Services 1.4%
Gas 1.17%
Insurance 0.84%
Auto Components 0.83%
Transport Infrastructure 0.7%
Cash & Others 0.64%
Electrical Equipments 0.63%
Agricultural, Commercial 0.62%
Industrial Products 0.61%
Consumer Durables 0.45%
Entertainment 0.34%
Transport Services 0.29%
Oil 0.28%
Chemicals & Petrochemical 0.16%
Cement & Cement Products 0.14%
Capital Markets 0.1%
Ferrous Metals 0.09%
Healthcare Services 0.09%
Fertilisers & Agrochemica 0.09%
Financial Technology (Fin 0.04%
Food Products 0.03%
Metals & Minerals Trading 0.03%
Realty 0.02%
Personal Products 0.02%
Leisure Services 0.02%
Agricultural Food & other 0.01%
Beverages 0%
Equity
66.85%
Govt Securities / Sovereign
16.45%
Non Convertable Debenture
9.05%
Reverse Repos
3%
Certificate of Deposit
1.49%
Others
3.16%
View all Assets
Assets Asset
Equity 66.85%
Govt Securities / Sovereign 16.45%
Non Convertable Debenture 9.05%
Reverse Repos 3%
Certificate of Deposit 1.49%
REITs 1.19%
Net Curr Ass/Net Receivables 0.86%
InvITs 0.42%
Pass Through Certificates 0.41%
Commercial Paper 0.32%

Advance Ratio

10.78
Alpha
3.96
SD
0.77
Beta
1.82
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:
4,89,893 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

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 ₹410.6 as of 29 September 2023.

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 - 29.74%
  2. Banks - 19.04%
  3. Finance - 6.43%
  4. Power - 4.75%
  5. IT-Software - 4.22%

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 15.3% 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 0.84 % as of 29 September 2023.

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

The AUM of HDFC Balanced Advantage Fund – Direct Growth is ₹4,89,893 Cr as of 29 September 2023

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 - 6.67%
  2. ICICI Bank - 4.28%
  3. Coal India - 3.67%
  4. St Bk of India - 3.66%
  5. NTPC - 3.49%

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