HSBC Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationModerately High risk
Direct
NAV (05-Sep-24)
₹48.790.14%1D
Returns (Since Inception)
12.74%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,494 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, 8 months and 6 days, having been launched on 01-Jan-13.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹48.79, Assets Under Management (AUM) of 1493.75 Crores, and an expense ratio of 0.77%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹48.79, Assets Under Management (AUM) of 1493.75 Crores, and an expense ratio of 0.77%.
- HSBC Balanced Advantage Fund Direct Growth has given a CAGR return of 12.74% since inception.
- The fund's asset allocation comprises around 49.89% in equities, 28.57% in debts, and 21.54% 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
+24.35%
+25.13% (Cat Avg.)
3 Years
+12.88%
+13.07% (Cat Avg.)
5 Years
+13.64%
+14.78% (Cat Avg.)
10 Years
+10.53%
+10.52% (Cat Avg.)
Since Inception
+12.74%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹745.21 Cr | 49.89% |
| Debt | ₹426.71 Cr | 28.57% |
| Others | ₹321.82 Cr | 21.54% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹278.43 Cr | 18.64% |
| ICICI Bank Ltd | Equity | ₹60.75 Cr | 4.07% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹58.67 Cr | 3.93% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-49.59 Cr | 3.32% |
| Aurobindo Pharma Ltd | Equity | ₹49.54 Cr | 3.32% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹49.38 Cr | 3.31% |
| Larsen & Toubro Ltd | Equity | ₹43.87 Cr | 2.94% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹41.56 Cr | 2.78% |
| Reliance Industries Ltd | Equity | ₹37.64 Cr | 2.52% |
| Ambuja Cements Ltd | Equity | ₹34.27 Cr | 2.29% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-34.21 Cr | 2.29% |
| Treps | Cash - Repurchase Agreement | ₹31.78 Cr | 2.13% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-30.92 Cr | 2.07% |
| Dixon Technologies (India) Ltd | Equity | ₹30.87 Cr | 2.07% |
| Manappuram Finance Ltd | Equity | ₹29.47 Cr | 1.97% |
| Future on Manappuram Finance Ltd | Equity - Future | ₹-29.43 Cr | 1.97% |
| Varun Beverages Ltd | Equity | ₹27.6 Cr | 1.85% |
| Tata Power Co Ltd | Equity | ₹26.21 Cr | 1.75% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹26.18 Cr | 1.75% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹26.16 Cr | 1.75% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-26.14 Cr | 1.75% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.96 Cr | 1.74% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.84 Cr | 1.73% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.82 Cr | 1.73% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹25.82 Cr | 1.73% |
| Multi Commodity Exchange of India Ltd | Equity | ₹25.74 Cr | 1.72% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹25.5 Cr | 1.71% |
| National Housing Bank | Bond - Corporate Bond | ₹25.39 Cr | 1.70% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.13 Cr | 1.68% |
| NTPC Ltd | Equity | ₹24.96 Cr | 1.67% |
| Axis Bank Ltd | Equity | ₹23.32 Cr | 1.56% |
| Polycab India Ltd | Equity | ₹22.29 Cr | 1.49% |
| Future on Polycab India Ltd | Equity - Future | ₹-22.26 Cr | 1.49% |
| PB Fintech Ltd | Equity | ₹21.8 Cr | 1.46% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹21.49 Cr | 1.44% |
| Infosys Ltd | Equity | ₹18.68 Cr | 1.25% |
| Paradeep Phosphates Ltd | Equity | ₹18.37 Cr | 1.23% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹16.98 Cr | 1.14% |
| Future on DLF Ltd | Equity - Future | ₹-16.88 Cr | 1.13% |
| DLF Ltd | Equity | ₹16.87 Cr | 1.13% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-16.28 Cr | 1.09% |
| Kotak Mahindra Bank Ltd | Equity | ₹16.27 Cr | 1.09% |
| Lupin Ltd | Equity | ₹16.25 Cr | 1.09% |
| Phoenix Mills Ltd | Equity | ₹16.19 Cr | 1.08% |
| Zensar Technologies Ltd | Equity | ₹15.87 Cr | 1.06% |
| Bajaj Finance Ltd. | Bond - Corporate Bond | ₹15.73 Cr | 1.05% |
| The Federal Bank Ltd | Equity | ₹15.1 Cr | 1.01% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹14.92 Cr | 1.00% |
| Sonata Software Ltd | Equity | ₹14.74 Cr | 0.99% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹14.65 Cr | 0.98% |
| Kalyan Jewellers India Ltd | Equity | ₹14.49 Cr | 0.97% |
| Kotak Mahindra Prime Ltd. | Bond - Corporate Bond | ₹14.15 Cr | 0.95% |
| Zomato Ltd | Equity | ₹13.77 Cr | 0.92% |
| Future on Vedanta Ltd | Equity - Future | ₹-13.59 Cr | 0.91% |
| Vedanta Ltd | Equity | ₹13.58 Cr | 0.91% |
| Birlasoft Ltd | Equity | ₹13.51 Cr | 0.90% |
| Time Technoplast Ltd | Equity | ₹13.49 Cr | 0.90% |
| APL Apollo Tubes Ltd | Equity | ₹13.37 Cr | 0.90% |
| Shriram Finance Ltd | Equity | ₹13.19 Cr | 0.88% |
| CRISIL Ltd | Equity | ₹13.15 Cr | 0.88% |
| REC Ltd | Equity | ₹12.89 Cr | 0.86% |
| Godrej Consumer Products Ltd | Equity | ₹12.61 Cr | 0.84% |
| Future on Godrej Consumer Products Ltd | Equity - Future | ₹-12.55 Cr | 0.84% |
| Suven Pharmaceuticals Ltd | Equity | ₹12.47 Cr | 0.83% |
| Zydus Lifesciences Ltd | Equity | ₹12.28 Cr | 0.82% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-12.25 Cr | 0.82% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹12.25 Cr | 0.82% |
| Jubilant Foodworks Ltd | Equity | ₹11.98 Cr | 0.80% |
| Aditya Vision Ltd | Equity | ₹11.66 Cr | 0.78% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹11.38 Cr | 0.76% |
| Abbott India Ltd | Equity | ₹11.35 Cr | 0.76% |
| Power Finance Corp Ltd | Equity | ₹11.14 Cr | 0.75% |
| Vinati Organics Ltd | Equity | ₹11.03 Cr | 0.74% |
| Century Textiles & Industries Ltd | Equity | ₹10.51 Cr | 0.70% |
| Exide Industries Ltd | Equity | ₹10.47 Cr | 0.70% |
| Escorts Kubota Ltd | Equity | ₹10.43 Cr | 0.70% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹10.23 Cr | 0.68% |
| United Spirits Ltd | Equity | ₹9.89 Cr | 0.66% |
| Future on United Spirits Ltd | Equity - Future | ₹-9.86 Cr | 0.66% |
| Power Mech Projects Ltd | Equity | ₹9.67 Cr | 0.65% |
| TD Power Systems Ltd | Equity | ₹9.35 Cr | 0.63% |
| Kirloskar Oil Engines Ltd | Equity | ₹9.26 Cr | 0.62% |
| Lemon Tree Hotels Ltd | Equity | ₹9.03 Cr | 0.60% |
| Kirloskar Pneumatic Co Ltd | Equity | ₹8.82 Cr | 0.59% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹8.54 Cr | 0.57% |
| Oil & Natural Gas Corp Ltd | Equity | ₹8.36 Cr | 0.56% |
| Indo Count Industries Ltd | Equity | ₹7.96 Cr | 0.53% |
| Mahindra Lifespace Developers Ltd | Equity | ₹7.26 Cr | 0.49% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.19 Cr | 0.35% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-4.18 Cr | 0.28% |
| HDFC Bank Ltd | Equity | ₹4.18 Cr | 0.28% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-3.04 Cr | 0.20% |
| Balrampur Chini Mills Ltd | Equity | ₹0.31 Cr | 0.02% |
| Future on Balrampur Chini Mills Ltd | Equity - Future | ₹-0.3 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
32.78%
Mid Cap Stocks
16.71%
Small Cap Stocks
18.20%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹278.89 Cr | 18.67% |
| Industrials | ₹145.85 Cr | 9.76% |
| Healthcare | ₹123.37 Cr | 8.26% |
| Basic Materials | ₹101.13 Cr | 6.77% |
| Technology | ₹93.67 Cr | 6.27% |
| Consumer Cyclical | ₹92.83 Cr | 6.21% |
| Utilities | ₹51.17 Cr | 3.43% |
| Consumer Defensive | ₹50.41 Cr | 3.37% |
| Energy | ₹45.99 Cr | 3.08% |
| Real Estate | ₹40.32 Cr | 2.70% |
Risk & Performance Ratios
Standard Deviation
This fund
6.18%
Cat. avg.
7.43%
Lower the better
Sharpe Ratio
This fund
1.11
Cat. avg.
0.99
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.99
Higher the better
Fund Managers
Kapil Punjabi
Since May 2024
MC
Mahesh Chhabria
Since July 2023
Neelotpal Sahai
Since November 2022
PA
Praveen Ayathan
Since October 2023
GB
Gautam Bhupal
Since October 2023
SG
Sonal Gupta
Since October 2023
HG
Hitesh Gondhia
Since October 2023
Additional Scheme Detailsas of 31st July 2024
ISIN | INF917K01IN1 | Expense Ratio | 0.77% | Exit Load | 1.00% | Fund Size | ₹1,494 Cr | Age | 01 Jan 2013 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹1270.57 Cr | 25.3% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1270.57 Cr | 26.9% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1334.25 Cr | 52.1% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1334.25 Cr | 49.8% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2302.17 Cr | 22.1% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2302.17 Cr | 20.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹886.22 Cr | 26.4% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹886.22 Cr | 28.6% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1691.93 Cr | 22.5% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1691.93 Cr | 20.8% |
About the AMC
Total AUM
₹1,21,564 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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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 05-Sep-2024, is ₹48.79.
What are the returns of HSBC Balanced Advantage Fund Direct Growth?
The fund has generated 24.35% over the last 1 year and 12.88% 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 49.89% in equities, 28.57% in bonds, and 21.54% 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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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.