HDFC Balanced Advantage Fund - Growth Plan

(Erstwhile HDFC Prudence Fund and HDFC Growth Fund)
Fund House: HDFC Mutual Fund
Category: Hybrid: Dynamic Asset Allocation
Launch Date: 01-02-1994
Asset Class: Mixed Asset
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
TER: 1.4% As on (31-01-2024)
Status: Open Ended Schemes
Minimum Investment: 100.0
Minimum Topup: 100.0
Total Assets: 77,011.15 Cr As on (31-01-2024)
Turn over: 14.27% | Exit Load: For units in excess of 15% of the investment, 1% will be charged for redemption within 1 year.

448.021

18.51%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
10 Years 10 Months
12 Years 9 Months
13 Years 8 Months
20 Years 2 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme is aimed at generating long-term capital appreciation by investing 80-100 per cent of its assets in equity and equity-related instruments. Exposure to debt and money market instruments would be around 20 % of the corpus. Relatively high exposure to sectors and companies that are doing well or are expected to do well; avoiding significant exposure to cyclicals.

Current Asset Allocation (%)

Indicators

Standard Deviation 11.54
Sharpe Ratio 1.72
Alpha 11.11
Beta 0.8
Yield to Maturity 7.53
Average Maturity 6.3

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
HDFC Balanced Advantage Fund - Growth Plan 01-02-1994 40.13 27.09 23.17 19.51 17.25
NJ Balanced Advantage Fund - Regular Plan - Growth Option 05-10-2021 31.31 16.09 - - -
Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth 30-12-2021 30.65 15.18 - - -
Motilal Oswal Balanced Advantage Fund (MOFDYNAMIC) - Regular Plan - Growth Option 05-09-2016 28.45 14.33 9.97 10.42 -
Shriram Balanced Advantage Fund - Regular Growth 05-07-2019 26.85 14.04 11.87 - -
BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN GROWTH 14-03-2014 26.74 19.97 14.14 9.49 -
SBI Balanced Advantage Fund - Regular Plan - Growth 05-08-2021 26.3 16.18 - - -
Axis Balanced Advantage Fund - Regular Plan - Growth 07-08-2017 26.08 12.89 12.33 10.72 -
Baroda BNP Paribas Balanced Advantage Fund-Regular Plan -Growth Option 04-11-2018 25.93 15.0 13.36 15.61 -
Franklin India Balanced Advantage Fund- Growth 06-09-2022 25.7 - - - -

Scheme Characteristics

Investment in equity/ debt that is managed dynamically.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

4.55%

Others

29.3%

Large Cap

51.23%

Mid Cap

5.44%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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