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Fincash » Mutual Funds » HDFC Balanced Advantage Fund

HDFC Balanced Advantage Fund - G

NAV  ₹453.86 ↑ 4.72  (1.05 %) as on 1 Mar 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 18.5% 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 1 Mar 24₹453.86 ↑ 4.72  (1.05 %)
Net Assets (AUM) as on 31 Jan 2024 ₹77,011 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 Ratio2.894
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 1 Mar 24

DurationReturns
1 Month 1.2%
3 Month 12%
6 Month 21.2%
1 Year 40.5%
3 Year 23.3%
5 Year 19.6%
10 Year
15 Year
Since launch 18.5%

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
28 Feb 19₹10,000
29 Feb 20₹10,153
28 Feb 21₹13,049
28 Feb 22₹15,096
28 Feb 23₹17,399
29 Feb 24₹24,443
HDFC Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash12.55%
Equity61.04%
Debt26.4%
HDFC Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Government18.46%
Cash Equivalent11.68%
Corporate8.82%
RatingValue
AA1.27%
AAA96.9%
HDFC Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services24.71%
Industrials11.05%
Energy8.5%
Utility6.64%
Technology3.92%
Consumer Cyclical3.71%
Health Care3.37%
Consumer Defensive2.8%
Communication Services1.83%
Basic Materials1.8%
Real Estate1.37%
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%₹4,648 Cr27,194,651
Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA
Thermal Coal4%₹3,057 Cr81,296,900
↓ -1,771,100
NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | NTPC
Utilities - Regulated Electric4%₹2,825 Cr90,806,178
↓ -500,000
7.38% Govt Stock 2027
Sovereign Bonds | -
4%₹2,750 Cr272,581,800
↑ 500,000
State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN
Banks - Regional4%₹2,610 Cr40,657,271
↑ 106,500
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
Banks - Regional3%₹2,541 Cr25,497,324
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT
Engineering & Construction3%₹1,959 Cr5,556,183
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC
Tobacco3%₹1,954 Cr42,276,926
Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY
Information Technology Services3%₹1,837 Cr11,906,298
Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | PFC
Credit Services2%₹1,795 Cr46,912,162
↓ -2,462,999
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Fund Managers

NameSinceTenure
Anil Bamboli29 Jul 221.51 Yr.
Gopal Agrawal29 Jul 221.51 Yr.
Arun Agarwal6 Oct 221.32 Yr.
Srinivasan Ramamurthy29 Jul 221.51 Yr.
Nirman Morakhia15 Feb 230.96 Yr.
Dhruv Muchhal22 Jun 230.61 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
₹37.994
↑ 0.40
20.38 %39.52 %22.98 %18.93 %
HDFC Balanced Advantage Fund
Growth
₹453.86
↑ 4.72
21.18 %40.48 %23.27 %19.57 %
HDFC Balanced Advantage Fund
Normal Dividend, Reinvestment
₹37.994
↑ 0.40
20.38 %39.52 %22.98 %18.93 %
Data as on 1 Mar 24

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