HSBC Balanced Advantage Fund Direct Growth

Fund Overview

Fund Size

₹1,510 Cr

Expense Ratio

0.77%

ISIN

INF917K01IN1

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

HSBC Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 11 years, 10 months and 15 days, having been launched on 01-Jan-13.
As of 14-Nov-24, it has a Net Asset Value (NAV) of ₹48.07, Assets Under Management (AUM) of 1509.80 Crores, and an expense ratio of 0.77%.

HSBC Balanced Advantage Fund Direct Growth has given a CAGR return of 12.38% since inception.
The fund's asset allocation comprises around 67.51% in equities, 29.93% in debts, and 2.56% in cash & cash equivalents.
You can start investing in HSBC Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+21.15%

+19.62% (Cat Avg.)

3 Years

+11.47%

+10.90% (Cat Avg.)

5 Years

+12.32%

+12.83% (Cat Avg.)

10 Years

+9.74%

+9.67% (Cat Avg.)

Since Inception

+12.38%

— (Cat Avg.)

Portfolio Summaryas of 30th September 2024

Equity	₹1,019.21 Cr	67.51%
Debt	₹451.91 Cr	29.93%
Others	₹38.68 Cr	2.56%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offset For Derivatives	Cash - General Offset	₹405.53 Cr	26.86%
07.18 Goi 14082033	Bond - Gov't/Treasury	₹58.06 Cr	3.85%
ICICI Bank Ltd	Equity	₹54.1 Cr	3.58%
Aurobindo Pharma Ltd	Equity	₹50.45 Cr	3.34%
Future on Aurobindo Pharma Ltd	Equity - Future	₹-50.43 Cr	3.34%
07.06 Goi 2028	Bond - Gov't/Treasury	₹50.19 Cr	3.32%
Future on Tata Power Co Ltd	Equity - Future	₹-46.65 Cr	3.09%
Tata Power Co Ltd	Equity	₹46.65 Cr	3.09%
07.37 Goi 2028	Bond - Gov't/Treasury	₹42.27 Cr	2.80%
Reliance Industries Ltd	Equity	₹36.91 Cr	2.44%
Larsen & Toubro Ltd	Equity	₹36.76 Cr	2.43%
Dixon Technologies (India) Ltd	Equity	₹35.2 Cr	2.33%
Future on Dixon Technologies (India) Ltd	Equity - Future	₹-35.18 Cr	2.33%
Ambuja Cements Ltd	Equity	₹31.88 Cr	2.11%
Future on Ambuja Cements Ltd	Equity - Future	₹-31.86 Cr	2.11%
Manappuram Finance Ltd	Equity	₹31.71 Cr	2.10%
Future on Manappuram Finance Ltd	Equity - Future	₹-31.71 Cr	2.10%
Future on Adani Ports & Special Economic Zone Ltd	Equity - Future	₹-29.14 Cr	1.93%
Adani Ports & Special Economic Zone Ltd	Equity	₹29.08 Cr	1.93%
Future on Polycab India Ltd	Equity - Future	₹-28.99 Cr	1.92%
Polycab India Ltd	Equity	₹28.95 Cr	1.92%
Axis Bank Ltd	Equity	₹28.8 Cr	1.91%
Bajaj Finance Ltd	Equity	₹28.69 Cr	1.90%
Future on Bajaj Finance Ltd	Equity - Future	₹-28.69 Cr	1.90%
Infosys Ltd	Equity	₹28.13 Cr	1.86%
Future on Kotak Mahindra Bank Ltd	Equity - Future	₹-27.18 Cr	1.80%
Kotak Mahindra Bank Ltd	Equity	₹27.14 Cr	1.80%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹26.51 Cr	1.76%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹26.5 Cr	1.76%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹26.21 Cr	1.74%
Bajaj Finance Limited	Bond - Corporate Bond	₹26.17 Cr	1.73%
LIC Housing Finance Limited	Bond - Corporate Bond	₹26.15 Cr	1.73%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.94 Cr	1.72%
National Housing Bank	Bond - Corporate Bond	₹25.81 Cr	1.71%
Multi Commodity Exchange of India Ltd	Equity	₹25.47 Cr	1.69%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹25.47 Cr	1.69%
Power Finance Corporation Ltd.	Bond - Corporate Bond	₹25.38 Cr	1.68%
Sun Pharmaceuticals Industries Ltd	Equity	₹24.08 Cr	1.60%
Future on DLF Ltd	Equity - Future	₹-22.5 Cr	1.49%
DLF Ltd	Equity	₹22.45 Cr	1.49%
7.10%Goi 08/04/2034	Bond - Gov't/Treasury	₹21.17 Cr	1.40%
PB Fintech Ltd	Equity	₹20.25 Cr	1.34%
NTPC Ltd	Equity	₹19.94 Cr	1.32%
Lupin Ltd	Equity	₹16.43 Cr	1.09%
Bajaj Finance Limited	Bond - Corporate Bond	₹15.98 Cr	1.06%
Treps	Cash - Repurchase Agreement	₹15.25 Cr	1.01%
Varun Beverages Ltd	Equity	₹15.16 Cr	1.00%
Titan Co Ltd	Equity	₹14.86 Cr	0.98%
Axis Bank Limited	Cash - CD/Time Deposit	₹14.83 Cr	0.98%
Titan Company Limited	Equity - Future	₹-14.8 Cr	0.98%
Phoenix Mills Ltd	Equity	₹14.77 Cr	0.98%
PNB Housing Finance Ltd	Equity	₹14.74 Cr	0.98%
Kalyan Jewellers India Ltd	Equity	₹14.61 Cr	0.97%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹14.37 Cr	0.95%
Shriram Finance Ltd	Equity	₹14.31 Cr	0.95%
The Federal Bank Ltd	Equity	₹13.77 Cr	0.91%
Time Technoplast Ltd	Equity	₹13.7 Cr	0.91%
Zomato Ltd	Equity	₹13.67 Cr	0.91%
Jubilant Foodworks Ltd	Equity	₹13.64 Cr	0.90%
HCL Technologies Ltd	Equity	₹13.47 Cr	0.89%
Paradeep Phosphates Ltd	Equity	₹13.26 Cr	0.88%
Prudent Corporate Advisory Services Ltd	Equity	₹13.01 Cr	0.86%
Zensar Technologies Ltd	Equity	₹12.83 Cr	0.85%
Aditya Birla Real Estate Ltd	Equity	₹12.83 Cr	0.85%
Future on Hindalco Industries Ltd	Equity - Future	₹-12.53 Cr	0.83%
Hindalco Industries Ltd	Equity	₹12.49 Cr	0.83%
Aditya Vision Ltd	Equity	₹12.44 Cr	0.82%
Sonata Software Ltd	Equity	₹11.99 Cr	0.79%
Suven Pharmaceuticals Ltd	Equity	₹11.73 Cr	0.78%
Abbott India Ltd	Equity	₹11.67 Cr	0.77%
Future on Axis Bank Ltd	Equity - Future	₹-11.63 Cr	0.77%
Future on United Spirits Ltd	Equity - Future	₹-11.17 Cr	0.74%
United Spirits Ltd	Equity	₹11.13 Cr	0.74%
Vinati Organics Ltd	Equity	₹10.43 Cr	0.69%
7.38% Govt Stock 2027	Bond - Gov't/Treasury	₹10.38 Cr	0.69%
GE T&D India Ltd	Equity	₹10.09 Cr	0.67%
Amara Raja Energy & Mobility Ltd	Equity	₹9.98 Cr	0.66%
Power Mech Projects Ltd	Equity	₹9.39 Cr	0.62%
Escorts Kubota Ltd	Equity	₹9.39 Cr	0.62%
Future on Vedanta Ltd	Equity - Future	₹-9.36 Cr	0.62%
Vedanta Ltd	Equity	₹9.31 Cr	0.62%
Kirloskar Oil Engines Ltd	Equity	₹8.61 Cr	0.57%
TD Power Systems Ltd	Equity	₹8.38 Cr	0.56%
Kirloskar Pneumatic Co Ltd	Equity	₹7.96 Cr	0.53%
Tube Investments of India Ltd Ordinary Shares	Equity	₹7.8 Cr	0.52%
Lemon Tree Hotels Ltd	Equity	₹7.31 Cr	0.48%
Bharat Bijlee Ltd	Equity	₹7.07 Cr	0.47%
PNC Infratech Ltd	Equity	₹6.69 Cr	0.44%
07.32 Goi 2030	Bond - Gov't/Treasury	₹5.3 Cr	0.35%
Future on HDFC Bank Ltd	Equity - Future	₹-4.53 Cr	0.30%
HDFC Bank Ltd	Equity	₹4.48 Cr	0.30%
Maruti Suzuki India Ltd	Equity	₹4.43 Cr	0.29%
Future on Maruti Suzuki India Ltd	Equity - Future	₹-4.38 Cr	0.29%
Godrej Consumer Products Ltd	Equity	₹2.79 Cr	0.18%
Future on Godrej Consumer Products Ltd	Equity - Future	₹-2.72 Cr	0.18%
Future on UltraTech Cement Ltd	Equity - Future	₹-1.66 Cr	0.11%
UltraTech Cement Ltd	Equity	₹1.65 Cr	0.11%
Net Current Assets (Including Cash & Bank Balances)	Cash	₹-1.47 Cr	0.10%
Future on Balrampur Chini Mills Ltd	Equity - Future	₹-0.45 Cr	0.03%
Balrampur Chini Mills Ltd	Equity	₹0.42 Cr	0.03%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹276.49 Cr	18.31%
Industrials	₹180.15 Cr	11.93%
Healthcare	₹114.37 Cr	7.57%
Technology	₹101.62 Cr	6.73%
Consumer Cyclical	₹94.64 Cr	6.27%
Basic Materials	₹91.85 Cr	6.08%
Utilities	₹66.59 Cr	4.41%
Real Estate	₹37.22 Cr	2.46%
Energy	₹36.91 Cr	2.44%
Consumer Defensive	₹29.49 Cr	1.95%

Risk & Performance Ratios

Fund Managers

Kapil Punjabi

Since May 2024

Mahesh Chhabria

Since July 2023

Neelotpal Sahai

Since November 2022

Praveen Ayathan

Since October 2023

Gautam Bhupal

Since October 2023

Sonal Gupta

Since October 2023

Hitesh Gondhia

Since October 2023

Additional Scheme Detailsas of 30th September 2024

ISIN

INF917K01IN1

Expense Ratio

0.77%

Exit Load

1.00%

Fund Size

₹1,510 Cr

Age

11 years 10 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 50 Hybrid Comp Debt 50:50 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk	2.2%	1.0%	₹1316.28 Cr	13.2%
Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹1316.28 Cr	14.6%
Quant Dynamic Asset Allocation Fund Direct Growth High Risk	0.7%	1.0%	₹1428.30 Cr	35.6%
Quant Dynamic Asset Allocation Fund Regular Growth High Risk	2.1%	1.0%	₹1428.30 Cr	33.6%
Bandhan Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	1.0%	₹2325.16 Cr	18.6%
Bandhan Balanced Advantage Fund Regular Growth Moderately High risk	2.0%	1.0%	₹2325.16 Cr	17.1%
Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk	2.2%	1.0%	₹890.15 Cr	21.2%
Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk	0.5%	1.0%	₹890.15 Cr	23.3%
Mirae Asset Balanced Advantage Fund Direct Growth High Risk	0.7%	1.0%	₹1770.05 Cr	18.2%
Mirae Asset Balanced Advantage Fund Regular Growth High Risk	2.1%	1.0%	₹1770.05 Cr	16.6%

About the AMC

HSBC Mutual Fund

+91 22 66145000

https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Total AUM

₹1,25,951 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹1621.52 Cr	37.9%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1509.80 Cr	21.2%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹2790.49 Cr	42.9%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹5848.73 Cr	27.7%
HSBC Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹14123.13 Cr	37.3%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.9%	3.0%	₹577.83 Cr	8.0%
HSBC Banking & PSU Debt Direct Growth Low to Moderate Risk	0.2%	0.0%	₹4204.44 Cr	7.8%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12280.21 Cr	42.6%
HSBC ELSS Fund Direct Growth Very High Risk	1.6%	0.0%	₹4485.23 Cr	40.1%
HSBC Equity Savings Fund Direct Growth Moderately High risk	0.6%	0.0%	₹477.96 Cr	22.5%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹437.41 Cr	8.0%
HSBC Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3760.66 Cr	8.3%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6562.21 Cr	8.7%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹158.95 Cr	9.7%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1884.40 Cr	7.8%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹218.09 Cr	10.1%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹834.00 Cr	9.1%
HSBC Focused Fund Direct Growth Very High Risk	0.9%	1.0%	₹1754.07 Cr	32.5%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.2%	1.0%	₹1003.45 Cr	44.3%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2924.09 Cr	6.8%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.3%	0.0%	₹135.19 Cr	16.8%
HSBC Large Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹2015.36 Cr	28.8%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	1.6%	1.0%	₹34.96 Cr	17.7%
HSBC Brazil Fund Direct Growth Very High Risk	1.9%	1.0%	₹40.73 Cr	-8.3%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.7%	0.0%	₹49.41 Cr	9.4%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹20398.20 Cr	7.5%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹5077.97 Cr	37.9%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.1%	0.0%	₹256.46 Cr	40.8%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3401.40 Cr	7.7%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1888.28 Cr	8.9%
HSBC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹17306.21 Cr	31.4%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	1.4%	1.0%	₹75.04 Cr	20.4%
HSBC Managed Solutions India Conservative Direct Growth Moderately High risk	0.5%	1.0%	₹25.33 Cr	10.8%
HSBC Managed Solutions India Moderate Direct Growth High Risk	0.9%	1.0%	₹60.65 Cr	22.0%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	1.0%	1.0%	₹45.54 Cr	25.1%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹194.10 Cr	8.4%
HSBC Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹2458.04 Cr	8.1%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹140.13 Cr	46.6%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹302.01 Cr	22.1%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3638.62 Cr	39.7%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4239.39 Cr	37.6%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.7%	1.0%	₹7.03 Cr	22.8%

Risk Level

Your principal amount will be at Moderately High risk

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Still got questions?
We're here to help.

What is the current NAV of HSBC Balanced Advantage Fund Direct Growth?

The NAV of HSBC Balanced Advantage Fund Direct Growth, as of 14-Nov-2024, is ₹48.07.

What are the returns of HSBC Balanced Advantage Fund Direct Growth?

The fund has generated 21.15% over the last 1 year and 11.47% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of HSBC Balanced Advantage Fund Direct Growth?

The fund's allocation of assets is distributed as 67.51% in equities, 29.93% in bonds, and 2.56% in cash and cash equivalents.

Who manages the HSBC Balanced Advantage Fund Direct Growth?

The fund managers responsible for HSBC Balanced Advantage Fund Direct Growth are:-

Kapil Punjabi
Mahesh Chhabria
Neelotpal Sahai
Praveen Ayathan
Gautam Bhupal
Sonal Gupta
Hitesh Gondhia

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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HSBC Balanced Advantage Fund Direct Growth

Fund Overview