HDFC Balanced Advantage Fund

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

How to invest in HDFC Balanced Advantage Fund?

Investing in the HDFC Balanced Advantage Fund is straightforward. 5 Paisa allows you to pay monthly in an uncomplicated way. The procedure is quite simple, can be finished in a short amount of time, and requires no paper at all. Follow the steps outlined below to start investing:

• Login to your 5paisa account, Go to the Mutual Funds section.
• Search for HDFC Balanced Advantage Fund 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 lump sum amount, then click on "Invest Now."

What is the expense ratio of HDFC Balanced Advantage Fund?

HDFC Balanced Advantage Fund uses the Term Expense Ratio to describe the fee associated with investing in the fund. The annual charges that one must pay to the Mutual Fund firm for managing their assets in that fund are the same whether they invest in a monthly or any other mutual fund.

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.