3 Year return
24.63%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹83548.61 Cr.
Expense Ratio
0.73% (inclusive of GST)
Exit Load
1.00% - If Units are redeemed / switched-out within 1 years from the date of allotment. Nil - If Units are redeemed / switched-out after 1 years from the date of allotment.
Tax Implications
Withdrawal within 1 year
Exit load + 15% tax on gains
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
HDFC Mutual Fund Managers
PJ
Prashant Jain
Fund Manager since Jan 2002
Fund House Details
HDFC Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout |
23.98% |
4 |
Baroda BNP Paribas Balanced Advantage Fund Direct Plan IDCW Payout |
15.79% |
3 |
Edelweiss Balanced Advantage Fund Direct Plan Quarterly IDCW Payout |
14.7% |
5 |
Schemes by HDFC Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Growth Direct Plan
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Wholesale IDCW Direct Plan Payout
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Wholesale Growth Direct Plan
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Quarterly IDCW Direct Plan Reinvestment
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Wholesale Monthly IDCW Direct Plan Payout
About HDFC Balanced Advantage Fund Growth Plan Direct Plan
HDFC Balanced Advantage Fund Growth Plan Direct Plan is offered by HDFC Mutual Fund. It is a hybrid mutual fund that invests in a mix of equity and debt securities. The fund's asset allocation is dynamic, which means that the fund manager can adjust the mix of equity and debt securities based on their view of the market. This gives the fund the potential to generate returns higher than pure debt funds while also reducing the risk.
Investment Objective of The Scheme
HDFC Balanced Advantage Fund Growth Plan Direct Plan aims to provide long-term capital appreciation/income by investing in a dynamic mix of equity and debt investments.
Key Features of The Fund
5-year return | 19.11% |
Expense Ratio | 0.73% |
Fund Manager | Prashant Jain |
Fund Size | ₹83548.61 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
You can consider the HDFC Balanced Advantage Fund Growth Plan Direct Plan if you are looking for a moderate-risk investment and want to earn handsome returns over the long term. The fund's dynamic asset allocation strategy helps to reduce risk and volatility, while the focus on equity investments provides the potential for growth.
AMC Contact Details
Name | HDFC Mutual Fund |
Launch Date | July 2000 |
Addresss | "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020 |
Contact | 1800 3010 67671800 419 7676 |
hello@hdfcfund.com | |
Website | https://www.hdfcfund.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
SIP or Lump Sum? We Can Help You Decide!
FAQs
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What is the minimum SIP amount to invest in HDFC Balanced Advantage Fund?
How do I invest in HDFC Balanced Advantage Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in HDFC Balanced Advantage Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in HDFC Balanced Advantage Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in HDFC Balanced Advantage Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.