HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl

Hybrid
Direct
Dynamic Asset Allocation
HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl

About the Fund

HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Neelotpal Sahai. This fund gives you the benefit of diversification.

Key Parameters

  1. HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl has ₹1390 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl has given a CAGR return of 11.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 16.01%, 9.87% and 10.36% respectively.

Holdings

HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl has allocated its funds majorly in Government, Corporate, Financial Services, Cash Equivalent, Industrial, Health, Tech, Consumer Cyclical, Basic Materials, Consumer Defensive, Energy, Utilities, Real Estate, Communication.

Taxation

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl

To seek long term capital growth and income through investments in equity and equity related securities and fixed income instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 39K in HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl in the last three months

Fund Overview

Expense ratio
Expense ratio
0.78%
Benchmark
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM
AUM
₹1390 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
46.86%

Fund Distribution
as on (31-May-24)

  • Equity 66.4%

  • Debt & Cash 33.6%

Large cap
31%

Mid cap
18.9%

Small cap
16.4%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
27%
Industrial
12.5%
Health
10.9%
Tech
8.5%
Consumer Cyclical
8.4%
Basic Materials
8%
Consumer Defensive
5.9%
Energy
5.3%
Utilities
5%
Real Estate
4.3%
Communication
4.1%
All changes are between Oct'69 and Dec'69

Neelotpal Sahai
Neelotpal Sahai
Fund Manager of HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl, since 26 November 2022

HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.5% since inception which is less than its category average return of 12.56%
Fund Allocations

Fund Allocations

This fund has an allocation of 66.36% in Equity, 28.52% in Debt and 5.12% in Cash related instruments
AUM size ₹1390 Cr

AUM size ₹1390 Cr

This fund has AUM of ₹1390 Cr which is less than its category average of ₹ 8445 Cr
Expense Ratio 0.78%

Expense Ratio 0.78%

This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.35%

Frequently Asked Questions

The current NAV of HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl is ₹23.12 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.97%
2.97%
6 Month Returns
5.93%
5.93%
1 Year Returns
16.01%
16.01%
3 Years Returns
32.63%
9.87%
5 Years Returns
63.74%
10.36%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.78% as on May 2024
₹1390 Cr as on May 2024
ICICI Bank Ltd(4.56%), 7.18% Govt Stock 2033(4.15%), 7.06% Govt Stock 2028(3.49%), Larsen & Toubro Ltd(3.24%), Aurobindo Pharma Ltd(2.95%) as on May 2024
Financial Services(17.94%), Government(15.19%), Corporate(14.11%) as on May 2024
AAA
100
Neelotpal Sahai is the fund manager of HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl
The Exit load of HSBC Balanced Advantage Fund Direct Plan Reinvestment of Income Dis cum Cap wdrl is 1%