HSBC Balanced Advantage Fund Direct Plan Growth Option
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 44.1 as on 18-04-2024
Fund Performance
153 people have invested ₹ 10.9L in HSBC Balanced Advantage Fund Direct Plan Growth Option in the last three months
Mutual Fund Insights
In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 60.58% return, outperforming this fund by 37.44%.
This fund expense ratio is slightly on the lower side within the category (dynamic asset allocation). Its expense ratio is 0.78% which is lower than the category average expense ratio of 1.15%.
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 18.57% return, outperforming this fund by 7.19% per annum.
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.01% return, outperforming this fund by 14.28% per annum.
Over the last 15 months, this fund has increased expense ratio by 6.8% moving from 0.73 to 0.78.
INDmoney Rank of HSBC Balanced Advantage Fund Direct Plan Growth Option
Powered by IND quant engine
14
/15
0% Performance
64% Risk Management
29% Cost
14 out of 15 among dynamic asset allocation
About the HSBC Balanced Advantage Fund Direct Plan Growth Option
HSBC Balanced Advantage Fund Direct Plan Growth Option 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
- HSBC Balanced Advantage Fund Direct Plan Growth Option has ₹1397 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.8.
HSBC Balanced Advantage Fund Direct Plan Growth Option Overview
 | 0.78% |
 Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
 | ₹1397 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 46.86% |
HSBC Balanced Advantage Fund Direct Plan Growth Option Distribution as on (31-Mar-24)
Size breakup
Large cap
36.3%
Small cap
15.2%
Mid cap
14.9%
Sector Allocation
Financial Services
26.8%
Industrial
11.3%
Health
10.8%
Tech
9.4%
Energy
8.6%
Consumer Defensive
8.1%
Basic Materials
7.1%
Consumer Cyclical
6%
Real Estate
4.3%
Utilities
3.9%
Communication
3.8%
Top Holdings of HSBC Balanced Advantage Fund Direct Plan Growth Option as on (31-Mar-24)
Equity Holdings52
Debt Holdings16
HSBC Balanced Advantage Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.4K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
HSBC Balanced Advantage Fund Direct Plan Growth Option Fund Manager
Neelotpal Sahai
Fund Manager of HSBC Balanced Advantage Fund Direct Plan Growth Option, since 26 November 2022
Top funds managed
HSBC Balanced Advantage Fund Direct Plan Growth Option Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered an average annual returns of 12.22% since inception which is more than its category average return of 11.52%
Fund Allocations
This fund has an allocation of 66.4% in Equity, 28.36% in Debt and 5.23% in Cash related instruments
AUM size ₹1397 Cr
This fund has AUM of ₹1397 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.78%
This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of HSBC Balanced Advantage Fund Direct Plan Growth Option is ₹44.1 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
HSBC Balanced Advantage Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 1.96% | 1.96% |
6 Month Returns | 12.16% | 12.16% |
1 Year Returns | 23.14% | 23.14% |
3 Years Returns | 39.48% | 11.73% |
5 Years Returns | 71.35% | 11.37% |
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 March 2024
₹1397 Cr as on March 2024
ICICI Bank Ltd(4.46%), HDFC Bank Ltd(4.41%), Reliance Industries Ltd(4.25%), 7.37% Govt Stock 2028(3.74%), National Bank For Agriculture And Rural Development(3.6%) as on March 2024
Financial Services(17.77%), Government(15.18%), Corporate(13.83%) as on March 2024
AAA | 100 |
Neelotpal Sahai is the fund manager of HSBC Balanced Advantage Fund Direct Plan Growth Option
The Exit load of HSBC Balanced Advantage Fund Direct Plan Growth Option is 1%