HDFC Balanced Advantage Fund Direct Plan-Growth is a Dynamic Asset Allocation mutual fund offered by Hdfc Mutual Fund. This fund was established on January 1, 2013. The HDFC Balanced Advantage Fund Direct Plan-Growth has assets under management (AUM) of ₹89,903 crores, making it a medium-sized fund in its category. The fund’s 0.73% expense ratio is similar to that of the majority of other Dynamic Asset Allocation funds.
The fund’s equity portion is mainly in the financial, energy, automobile, construction and capital goods industries. It has less exposure to the financial and energy industries than other funds in the category.
HDFC Balanced Advantage Fund Performance
The growth returns over the last year for the HDFC Balanced Advantage Fund Direct Plan are 41.98%. It has generated 16.93% average yearly returns since its launch. Every three years, the fund doubles the amount invested in it.
The HDFC Balanced Advantage Fund Direct Plan-Growth plan has a better track record of delivering consistent returns than other funds in its category. It has a strong capacity to control losses in a sinking market.
HDFC Balanced Advantage Fund Returns
| Period | HDFC Balanced Advantage Fund | Category average |
|---|---|---|
| 1 month | 3.55% | 3.09% |
| 3 months | 10.68% | 8.1% |
| 6 months | 15.82% | 11.74% |
| 1 year | 42.29% | 26.94% |
| 3 years | 25.36% | 14.7% |
| 5 years | 20.83% | 14.87% |
HDFC Balanced Advantage Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
HDFC Bank Ltd.
|
Financial | Equity | 5.80% |
|
Coal India Ltd.
|
Energy | Equity | 3.92% |
|
State Bank of India
|
Financial | Equity | 3.55% |
|
ICICI Bank Ltd.
|
Financial | Equity | 3.33% |
|
GOI
|
Sovereign | GOI Sec | 3.18% |
HDFC Balanced Advantage Fund Suitability
You could expect returns from fixed income options and profits that surpass the rate of inflation when you invest for a period of five years or more. However, be prepared to face fluctuations in the value of your investment along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in both equity shares and bonds, but the amounts are not fixed. Depending on their outlook on the market, the fund management team may raise or decrease the allocation to equity shares.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.