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HDFC Balanced Advantage Fund

HDFC Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

29.70

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 21,818 today.

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NAV Performance

HDFC Balanced Advantage Fund performance graph for last 3 years
Performance of HDFC Balanced Advantage Fund for last 3 Years

Fund Information

  • ₹ 381.106

    as on 22 Sep 2023
  • Regular - Growth

  • 1 / 22

  • ₹ 5,000

  • ₹ 52,079 Cr.

    as on 31 May 2023
  • 1.5%

  • 01 Feb 1994

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • 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 ₹ 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

  • About Srinivasan Ramamurty

    Picture of Srinivasan Ramamurty
  • About Priya Ranjan

    Picture of Priya RanjanMr. Ranjan is B.E(Computer Science) and PGDBM (Finance). He has over 14 years of experience in equity research.
  • About Nirman Morakhia

    Picture of Nirman MorakhiaMr. 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.
  • About Anil Bamboli

    Picture of Anil BamboliCollectively over 25 years of experience in Fund Management and Research, Fixed Income dealing.
  • About Gopal Agrawal

    Picture of Gopal AgrawalGopal 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.
  • About Arun Agarwal

    Picture of Arun AgarwalMr. 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

Portfolio holdings pattern of HDFC Balanced Advantage Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    66.73%
  • Debt Holdings:

    26.29%
  • Others Holdings:

    6.98%

Top Sector Holdings of HDFC Balanced Advantage Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding 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 TypeHolding Percentage
Reverse Repo 2.57%
InvITs 1.90%
TREPS 1.84%
Net Receivables 0.67%