HDFC Balanced Advantage Fund Direct Plan Growth Option - Regular - Latest NAV [ ₹288.844 ], Returns, Performance, Portfolio & Returns 2021

HDFC Balanced Advantage Fund Direct Plan Growth Option

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Min amount: ₹500

Calculate Returns

20 yrs
₹500 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years13.06%
3 Years13.48%
1 Year52.51%
6 Months14.67%
Fund Details
RiskVery High Risk
Fund TypeDynamic Asset Allocation
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
State Bank of India9.39%
Treps - Tri-Party Repo7.99%
NTPC Ltd5.12%
Coal India Ltd4.28%
ICICI Bank Ltd4.1%
Power Finance Corp Ltd3.5%
Larsen & Toubro Ltd3.46%
ITC Ltd3.31%
Reverse Repo2.44%
REC Ltd2.36%

About HDFC Balanced Advantage Fund - Direct Plan - Growth

An open-ended balanced advantage scheme aiming to generate long-term capital appreciation by investing in a mix of equity and debt instruments. The fund manager takes care of the asset allocation between equity and debt instruments based on the prevailing market and economic conditions.

Pros and Cons of HDFC Balanced Advantage Fund - Direct Plan - Growth

The five-year returns from the scheme are higher than the category average returns. On the other hand, one-year and three-year returns are lower than the category average returns. Additionally, the risk-adjusted returns are lower as compared to the category.

Fund Information and Statistics

i) Inception/Launch Date

The scheme was launched on 1 February 1994.

ii) Risk Level

A moderately high risk profile is associated with the fund scheme since the assets are allocated in a portfolio that is a dynamic mix of equity and debt instruments.

iii) Redemption

No lock-in period is applicable to the principal invested in this scheme. Therefore, investors can redeem units subject to the exit load applicable.

iv) Fund Manager

Mr Prashant Jain and Mr Anand Laddha are the Fund Managers for this scheme.

v) Entry/Exit Load

Entry load is not applicable. However, an exit load of 1% is charged when you redeem/switch out fund units in excess of 15% of the initial investment within one year from the date of allotment. Exiting from the fund after completing one year will not attract any exit load.

About HDFC Mutual Fund

HDFC Mutual Fund was incorporated as an asset management company on 10 December 1999. HDFC Trustee Company Limited is the trustee company for the fund house and Housing Development Finance Corporation Limited and Standard Life Investments Limited are the sponsors.

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Frequently Asked Questions

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Min amount: ₹500

Calculate Returns

20 yrs
₹500 invested monthly becomes
0 in a period of 20 years
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns