Fund Performance
Lumpsum
SIP
29.28
as on 29 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 21,639 today.
NAV Performance
Fund Information
-
₹ 320.704
as on 29 Mar 2023 -
Regular - Growth
-
4 / 22
-
₹ 5,000
-
₹ 41,319 Cr.
as on 31 Dec 2021 -
1.63%
-
01 Feb 1994
-
Nifty 50
-
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 ₹ 320.704 as on 29 Mar 2023.
This fund has 29 years of track record. Since 31 Oct 2021 expense ratio of this fund is 1.63%. 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 Prashant Jain
Collectively over 28 years of experience in fund management and research in Mutual Fund Industry.
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 | 1.04% | 3.92% | 6.56% | 25.12% | 17.14% | 29.28% | 12.41% | 13.84% | 10.21% | 12.73% | 20.17% | 15.64% | 13.60% |
| Category Average | -0.77% | -2.19% | 1.35% | 4.22% | 6.64% | 14.26% | 7.45% | 11.25% | 0.84% | 2.60% | 7.19% | 7.67% | 9.44% |
| HDFC Balanced Advantage Fund | 0.31%₹ 10,030 | -1.49%₹ 9,850 | 6.56%₹ 10,656 | 12.66%₹ 11,265 | 10.21%₹ 12,649 | 17.14%₹ 13,740 | 12.73%₹ 27,243 | 29.28%₹ 21,639 | 20.17%₹ 48,360 | 12.41%₹ 17,962 | 15.64%₹ 88,679 | 13.84%₹ 36,586 | 13.60%₹ 2,43,943 |
| Edelweiss Balanced Advantage Fund | -0.66%₹ 9,933 | -2.29%₹ 9,771 | 1.36%₹ 10,135 | 1.76%₹ 10,175 | 1.00%₹ 12,064 | 7.22%₹ 11,503 | 2.48%₹ 24,619 | 17.33%₹ 16,166 | 8.58%₹ 40,960 | 10.28%₹ 16,321 | 10.34%₹ 77,797 | 11.03%₹ 28,484 | 10.18%₹ 2,03,354 |
| ICICI Prudential Balanced Advantage Fund | -0.55%₹ 9,944 | -1.77%₹ 9,822 | 1.96%₹ 10,195 | 5.49%₹ 10,549 | 3.39%₹ 12,218 | 8.72%₹ 11,827 | 5.63%₹ 25,416 | 19.35%₹ 17,017 | 10.56%₹ 42,167 | 9.45%₹ 15,717 | 10.34%₹ 77,804 | 12.09%₹ 31,330 | 10.50%₹ 2,06,803 |
| Aditya Birla Sun Life Balanced Advantage Fund | -0.64%₹ 9,935 | -2.55%₹ 9,744 | 1.35%₹ 10,135 | 2.86%₹ 10,286 | 1.52%₹ 12,098 | 6.66%₹ 11,383 | 2.71%₹ 24,677 | 17.37%₹ 16,183 | 8.17%₹ 40,717 | 8.28%₹ 14,891 | 8.74%₹ 74,765 | - | - |
| Union Balanced Advantage Fund | -0.39%₹ 9,960 | -1.49%₹ 9,850 | 1.61%₹ 10,160 | 2.09%₹ 10,208 | 1.77%₹ 12,114 | 4.52%₹ 10,929 | 2.33%₹ 24,584 | 16.65%₹ 15,884 | 6.90%₹ 39,955 | 9.01%₹ 15,401 | 8.69%₹ 74,678 | - | - |
| Nippon India Balanced Advantage Fund | -0.34%₹ 9,965 | -2.76%₹ 9,724 | 0.32%₹ 10,032 | 3.55%₹ 10,355 | 1.12%₹ 12,072 | 6.90%₹ 11,433 | 3.05%₹ 24,763 | 16.31%₹ 15,747 | 8.41%₹ 40,862 | 8.67%₹ 15,161 | 8.53%₹ 74,368 | 11.43%₹ 29,548 | 9.51%₹ 1,96,266 |
Portfolio Holdings
Top Sector Holdings of HDFC Balanced Advantage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 17.70% | ₹ 7,306.30 Cr. |
| Power | 7.83% | ₹ 3,229.64 Cr. |
| Financial institution | 5.57% | ₹ 2,297.08 Cr. |
| Engineering, designing, construction | 4.70% | ₹ 1,937.59 Cr. |
| Industrial minerals | 4.36% | ₹ 1,800.62 Cr. |
| Others | 59.84% | - |
Top Stock Holdings of HDFC Balanced Advantage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| State Bank Of India | 9.80% | ₹ 4,047.22 Cr. |
| National Thermal Power Corporation Ltd. | 5.52% | ₹ 2,278.51 Cr. |
| ICICI Bank Ltd. | 4.73% | ₹ 1,954.44 Cr. |
| Coal India Ltd. | 4.36% | ₹ 1,800.62 Cr. |
| Larsen & Toubro Ltd. | 3.79% | ₹ 1,562.93 Cr. |
| Others | 71.80% | - |
Top Debt Instrument Type holdings of HDFC Balanced Advantage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| GOI | 9.22% | ₹ 3,806.54 Cr. |
| NCD & Bonds | 8.05% | ₹ 3,322.29 Cr. |
| Others | 82.73% | - |
Top Debt Holdings of HDFC Balanced Advantage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 9.22% | ₹ 3,806.54 Cr. |
| Bond - Punjab National Bank | 1.45% | ₹ 601.78 Cr. |
| Bond - ICICI Bank Ltd. | 1.11% | ₹ 459.10 Cr. |
| Bond - State Bank Of India | 0.95% | ₹ 390.72 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 0.78% | ₹ 323.69 Cr. |
| Others | 86.49% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 11.04% |
| Reverse Repo | 3.11% |
| InvITs | 2.75% |
| Net Receivables | 0.28% |