Scheme Overview
HDFC Balanced Advantage Fund - Growth Plan
(Erstwhile HDFC Prudence Fund and HDFC Growth Fund)
| Category: Hybrid: Dynamic Asset Allocation |
| Launch Date: 01-02-1994 |
| Asset Class: Mixed Asset |
| Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index |
| Expense Ratio: 1.38% As on ( 30-04-2024) |
| Status: Open Ended |
| Minimum Investment: 100.0 |
| Minimum Topup: 100.0 |
| Total Assets: 83,548.61 Cr As on ( 30-04-2024) |
| Turn over: 15.13 |
470.045
3.04 ( 0.6478% )
18.56%
NIFTY 50 Hybrid Composite debt 50:50 Index11.56%
PERFORMANCE of HDFC Balanced Advantage Fund - Growth Plan
Scheme Performance (%) Data as on - 16-05-2024
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund - Growth Plan | 39.11 | 24.54 | 19.58 | 15.65 | 18.56 |
| Benchmark | - | - | - | - | - |
| Hybrid: Dynamic Asset Allocation | 23.34 | 12.39 | 12.22 | 10.91 | 11.87 |
Yearly Performance (%)
Fund Managers
Anil Bamboli, Gopal Agrawal, Arun Agarwal, Srinivasan Ramamurthy, Nirman S. Morakhia, Dhruv Muchhal
Investment Objective
The scheme is aimed at generating long-term capital appreciation by investing 80-100 per cent of its assets in equity and equity-related instruments. Exposure to debt and money market instruments would be around 20 % of the corpus. Relatively high exposure to sectors and companies that are doing well or are expected to do well; avoiding significant exposure to cyclicals.
RETURNS CALCULATOR for HDFC Balanced Advantage Fund - Growth Plan
Growth of 10000 In SIP (Fund vs Benchmark)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Rolling Returns
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Riskometer
Key Performance and Risk Statistics of HDFC Balanced Advantage Fund - Growth Plan
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund - Growth Plan | 10.12 | 1.83 | 11.37 | 0.73 | 7.52 | 6.45 |
| Hybrid: Dynamic Asset Allocation | - | - | - | - | - | - |
