Fund Performance
Lumpsum
SIP
29.70
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 21,818 today.
NAV Performance
Fund Information
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₹ 381.106
as on 22 Sep 2023 -
Regular - Growth
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1 / 22
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₹ 5,000
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₹ 52,079 Cr.
as on 31 May 2023 -
1.5%
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01 Feb 1994
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Nifty 50
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HDFC Mutual Fund
Show All Funds
Highlights of this fund
HDFC Balanced Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 01 Feb 1994. This fund is offered by one of the top AMC (Assets Management Company) HDFC Mutual Fund. You can also view here all other Hybrid funds offered by HDFC Mutual Fund.
Latest NAV of the fund is ₹ 381.106 as on 22 Sep 2023.
This fund has 29 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.5%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
List of Fund Managers of HDFC Balanced Advantage Fund
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About Srinivasan Ramamurty
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About Priya Ranjan
Mr. Ranjan is B.E(Computer Science) and PGDBM (Finance). He has over 14 years of
experience in equity
research.
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About Nirman Morakhia
Mr. Morakhia has done B.M.S and M.B.A- Financial Markets Prior to joining HDFC Mutual Fund, he has worked with Mirae Asset Global Investment Management India Pvt. Ltd.
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About Anil Bamboli
Collectively over 25 years of experience in Fund Management and Research, Fixed Income dealing.
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About Gopal Agrawal
Gopal joined DSP Investment Managers in July 2018 as Head of Macro Strategy & Senior Fund Manager in Equity Investment Team. Gopal has over 20 years' of experience. Prior to joining DSP, Gopal was the Chief Investment Officer at Tata Mutual Fund. Prior to that he nearly spent a decade at Mirae Asset Mutual Fund where he was the overall CIO and strategist, responsible for building the Investment team from the start. Before that Gopal worked with SBI Mutual Fund as fund manager, managing some of its marquee funds. He has extensive experience in sectors like Oil & Gas, Petrochemicals, Capital Goods, Power, Metals, Shipping, Chemicals & Fertilizers and Engineering.
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About Arun Agarwal
Mr. Agarwal is a B.Com. and Chartered Accountant Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 3.02% | 13.98% | 26.43% | 25.12% | 18.36% | 29.70% | 15.26% | 16.10% | 37.05% | 22.96% | 23.24% | 20.62% | 15.54% |
| Category Average | 1.25% | 4.40% | 11.21% | 11.48% | 7.50% | 12.74% | 9.44% | 12.14% | 16.09% | 11.34% | 10.80% | 11.30% | 10.56% |
| HDFC Balanced Advantage Fund | 3.02%₹ 10,302 | 9.71%₹ 10,970 | 18.63%₹ 11,862 | 22.34%₹ 12,233 | 28.73%₹ 13,793 | 18.36%₹ 14,007 | 22.96%₹ 29,976 | 29.70%₹ 21,818 | 23.24%₹ 50,503 | 15.26%₹ 20,360 | 20.62%₹ 1,00,221 | 16.10%₹ 44,554 | 15.54%₹ 2,70,806 |
| ICICI Prudential Balanced Advantage Fund | 1.73%₹ 10,172 | 4.55%₹ 10,455 | 10.50%₹ 11,050 | 11.12%₹ 11,112 | 14.75%₹ 12,938 | 9.31%₹ 11,948 | 11.71%₹ 26,989 | 15.42%₹ 15,377 | 11.94%₹ 43,044 | 11.24%₹ 17,046 | 12.75%₹ 82,630 | 12.58%₹ 32,755 | 11.28%₹ 2,15,628 |
| Edelweiss Balanced Advantage Fund | 0.83%₹ 10,082 | 4.04%₹ 10,404 | 11.66%₹ 11,165 | 10.27%₹ 11,027 | 14.67%₹ 12,933 | 5.81%₹ 11,196 | 10.22%₹ 26,600 | 15.11%₹ 15,250 | 10.76%₹ 42,307 | 11.61%₹ 17,331 | 13.02%₹ 83,196 | 11.72%₹ 30,340 | 11.29%₹ 2,15,774 |
| Kotak Balance Advantage Fund | 1.19%₹ 10,118 | 3.58%₹ 10,357 | 10.12%₹ 11,011 | 10.53%₹ 11,052 | 13.83%₹ 12,880 | 6.66%₹ 11,377 | 10.35%₹ 26,635 | 12.08%₹ 14,079 | 9.98%₹ 41,826 | 10.51%₹ 16,492 | 11.28%₹ 79,673 | - | - |
| Union Balanced Advantage Fund | 1.04%₹ 10,103 | 3.44%₹ 10,344 | 8.82%₹ 10,882 | 8.82%₹ 10,882 | 11.67%₹ 12,745 | 5.15%₹ 11,056 | 8.39%₹ 26,129 | 11.61%₹ 13,902 | 8.08%₹ 40,676 | 10.21%₹ 16,269 | 10.50%₹ 78,141 | - | - |
| Nippon India Balanced Advantage Fund | 1.79%₹ 10,179 | 4.62%₹ 10,462 | 11.36%₹ 11,135 | 9.93%₹ 10,992 | 14.62%₹ 12,930 | 6.82%₹ 11,410 | 10.81%₹ 26,754 | 14.45%₹ 14,992 | 10.87%₹ 42,378 | 9.79%₹ 15,956 | 11.42%₹ 79,961 | 12.28%₹ 31,895 | 10.48%₹ 2,06,685 |
Portfolio Holdings
Top Sector Holdings of HDFC Balanced Advantage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 16.94% | ₹ 9,428.11 Cr. |
| Financial institution | 4.29% | ₹ 2,386.27 Cr. |
| Power | 4.28% | ₹ 2,382.98 Cr. |
| Industrial minerals | 4.26% | ₹ 2,368.37 Cr. |
| Refineries/Marketing | 4.20% | ₹ 2,340.97 Cr. |
| Others | 66.03% | - |
Top Stock Holdings of HDFC Balanced Advantage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 4.52% | ₹ 2,515.95 Cr. |
| State Bank Of India | 4.40% | ₹ 2,447.82 Cr. |
| Coal India Ltd. | 4.26% | ₹ 2,368.37 Cr. |
| HDFC Bank Ltd. | 4.24% | ₹ 2,356.88 Cr. |
| ITC Limited | 3.68% | ₹ 2,048.27 Cr. |
| Others | 78.90% | - |
Top Debt Instrument Type holdings of HDFC Balanced Advantage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| GOI | 17.08% | ₹ 9,501.61 Cr. |
| NCD & Bonds | 7.59% | ₹ 4,226.82 Cr. |
| CD | 1.62% | ₹ 903.69 Cr. |
| Others | 73.71% | - |
Top Debt Holdings of HDFC Balanced Advantage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 17.08% | ₹ 9,501.61 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 1.29% | ₹ 714.83 Cr. |
| Bond - Small Industries Development Bank Of India | 0.86% | ₹ 476.62 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 0.81% | ₹ 451.00 Cr. |
| Bond - LIC Housing Finance Ltd. | 0.76% | ₹ 424.74 Cr. |
| Others | 79.20% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Reverse Repo | 2.57% |
| InvITs | 1.90% |
| TREPS | 1.84% |
| Net Receivables | 0.67% |