HDFC Balanced Advantage Fund was launched on September 11, 2000. The size of the fund stands at Rs 94,048.24. The NAV of this fund stood at Rs 507.17 as of September 9, 2024. The expense ratio of the fund is 1.36% as compared to an industry average of 1.96%.
According to data, this fund has 65.36% investment in domestic equities. In the equity portfolio, as much as 43.15% of the fund deployed is in large-cap stocks while 5.42% is in mid-cap stocks. Small-cap stocks account for 6.53% of the investment. Debt securities account for 28.39% of the investment. Of this amount, 15.13% is in government paper while low-risk debt instruments account for 12.82%.
Lump sum returns
If anyone had invested Rs 10,000 in HDFC Balanced Advantage Fund 6 months ago, it would have returned Rs 11,108 and would have generated Rs 13,220 if invested 1 year ago. The returns would have risen to Rs 16,180 if the same sum was invested 2 years ago; Rs 18,908 if invested 3 years ago; Rs 26,703 if invested 5 years ago and Rs 39,418 if invested 10 years ago. If someone had taken the decision to invest the same amount at inception it would have blossomed into Rs 5,07,106.
SIP returns
The SIP returns in this fund have taken the following trajectory – a SIP of Rs 1,000 made a year ago would have turned into Rs 13,887; made 2 years ago would have generated a value of Rs 32,273; 3 years ago would have returned Rs 53,634; 5 years ago would have generated a value of Rs 1,14,575 and 10 years ago it would have given a total value of Rs 3,12,445.
Portfolio
According to Value Research, the sectors where this fund are bullish are financial (15.99%), industrials (8.31%), energy & utilities (8%). The fund has deployed 12.5% in AAA rated debt securities. HDFC Bank, ICICI Bank, Coal India, SBI, NTPC, L&T, Infosys, ITC, Bharti Airtel are some of the top stocks this fund has chosen.
Volatility
The beta of the fund is 0.75%, which means it has suffered 25% less volatility than the market. A balanced fund is supposed to address the point of volatility, which most investors detest. The alpha is 10.78%, which indicates that the returns have been good.
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Alternatively known as a balanced advantage fund or a dynamic asset allocation fund, these invest both in equity and debt securities and adjust allocation depending on market conditions. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
