Item: HSBC Balanced Advantage Fund Direct Plan Growth Option
Rating: 4
Author: Morningstar

Home › Mutual Funds › L&T Finance Mutual Fund › HSBC Balanced Advantage Fund Direct Plan Growth Option

36.923 (0.005%)

NAV on June 01, 2023

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

N/A

Total Assets 1,483 cr

Turnover Ratio 95.67%

Expense Ratio 0.77%

Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years

Returns

1M: 1.77%
1Y: 10.02%
3M: 4.74%
3Y: 11.62%
6M: 3.49%
5Y: 8.34%

Min Investment 5,000

ADDITIONAL INFO

Fund Manager Ritesh Jain (Since 6 months) Neelotpal Sahai (Since 6 months)

ISIN INF917K01IN1

Fund Family L&T Finance

P/E Ratio 21.90

P/B Ratio 2.88

Launch Date January 01, 2013

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity -

Yield To Maturity (%) -

SECTOR WEIGHTINGS (%)

Financial 25.53%

Industrial 7.64%

Technology 7.15%

Basic Materials 7.41%

Consumer Cyclical 5.87%

Utilities Services 3.86%

Healthcare Services 12.07%

Energy Services 8.11%

Communication Services 3.33%

Consumer Defensive 11.63%

Real Estate 7.41%

INVESTMENT OBJECTIVE

To seek to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets.There is no assurance that the investment objective of the scheme will be realized.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	362.278	19.05%	54,413 cr	0.86%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	18.636	15.09%	3,173 cr	0.68%	Above Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	59.930	10.94%	45,584 cr	0.95%	Below Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	362.278	19.05%	54,413 cr	0.86%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	18.636	15.09%	3,173 cr	0.68%	Above Average
Invesco India Dynamic Equity Fund Direct Plan Growth	45.390	12.85%	613 cr	0.95%	Average
Kotak Balanced Advantage Fund Direct Growth	16.559	11.88%	14,422 cr	0.48%	Below Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	42.170	11.71%	8,907 cr	0.51%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	59.930	10.94%	45,584 cr	0.95%	Below Average