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Fincash » Mutual Funds » HDFC Balanced Advantage Fund

HDFC Balanced Advantage Fund - G

NAV  ₹488.187 ↓ -0.52  (-0.11 %) as on 21 Jun 24

(Erstwhile HDFC Growth Fund and HDFC Prudence Fund)

Scheme Objective

Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

HDFC Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund launched on 11 Sep 00. It is a fund with Moderately High risk and has given a CAGR return of 18.7% since its launch.  Ranked 23 in Dynamic Allocation category.  Return for 2023 was 31.3% , 2022 was 18.8% and 2021 was 26.4% .

Below is the key information for HDFC Balanced Advantage Fund

NAV as on 21 Jun 24₹488.187 ↓ -0.52  (-0.11 %)
Net Assets (AUM) as on 31 May 2024 ₹86,471 Cr.
Launch Date11 Sep 2000
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCHDFC Asset Management Company Limited
Alpha Ratio0.0
Expense Ratio1.61 %
Sharpe Ratio3.442
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹300
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Jun 24

DurationReturns
1 Month 2.5%
3 Month 9.6%
6 Month 16.2%
1 Year 40%
3 Year 23.8%
5 Year 19%
10 Year
15 Year
Since launch 18.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 31.3%
2022 18.8%
2021 26.4%
2020 7.6%
2019 6.9%
2018 -3.1%
2017 27.9%
2016 9.4%
2015 0.3%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹7,802
31 May 21₹12,342
31 May 22₹13,932
31 May 23₹16,539
31 May 24₹23,306
HDFC Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash16.35%
Equity56.58%
Debt27.07%
HDFC Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Government18.18%
Cash Equivalent16.11%
Corporate9.13%
RatingValue
AA1.16%
AAA97.22%
HDFC Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services23.58%
Industrials10.32%
Energy8.6%
Utility5.86%
Consumer Cyclical4.3%
Technology3.88%
Health Care3.6%
Consumer Defensive2.62%
Communication Services2.07%
Basic Materials2.01%
Real Estate1.36%
HDFC Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK
Banks - Regional6%₹4,978 Cr32,745,251
Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA
Thermal Coal4%₹3,233 Cr71,171,400
↓ -1,000,000
State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN
Banks - Regional4%₹3,057 Cr37,000,000
↓ -3,426,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
Banks - Regional4%₹2,957 Cr25,700,324
↑ 135,800
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹2,740 Cr272,581,800
NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 532555
Utilities - Regulated Electric3%₹2,729 Cr75,143,000
↓ -5,596,943
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
Oil & Gas Refining & Marketing2%₹2,068 Cr7,047,183
↑ 58,250
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT
Engineering & Construction2%₹2,061 Cr5,733,033
↑ 105,150
Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY
Information Technology Services2%₹1,865 Cr13,128,698
↑ 173,600
7.18% Govt Stock 2033
Sovereign Bonds | -
2%₹1,853 Cr185,533,300
↑ 25,000,000
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Fund Managers

NameSinceTenure
Anil Bamboli29 Jul 221.76 Yr.
Gopal Agrawal29 Jul 221.76 Yr.
Arun Agarwal6 Oct 221.57 Yr.
Srinivasan Ramamurthy29 Jul 221.76 Yr.
Nirman Morakhia15 Feb 231.21 Yr.
Dhruv Muchhal22 Jun 230.86 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
HDFC Mutual Fund2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai
BSR & Co. LLPBSR & Co. LLP

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
HDFC Balanced Advantage Fund
Normal Dividend, Payout
₹40.079
↓ -0.04
16.22 %39.99 %23.82 %18.64 %
HDFC Balanced Advantage Fund
Growth
₹488.187
↓ -0.52
16.23 %40.01 %23.84 %19.03 %
HDFC Balanced Advantage Fund
Normal Dividend, Reinvestment
₹40.079
↓ -0.04
16.22 %39.99 %23.82 %18.64 %
Data as on 21 Jun 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.