Hdfc Balanced Advantage Fund Idcw Direct Plan

42.69
NAV (Mar 27,2024)

The HDFC Balanced Advantage Fund - IDCW - Direct Plan is a well-established investment option with an expense ratio of 0.8%. With a price-to-earnings ratio of 25.8 and a price-to-book ratio of 4.28, it offers a balanced approach for investors. The fund has an established date of 2012-12-31 and a scheme AUM of 73,348.57 INR. With a minimum investment requirement of 100 INR and no lock period, it provides flexibility and potential returns for investors.

Hdfc Balanced Advantage Fund Idcw Direct Plan Latest Trend

  • 1M
  • 2M
  • 3M

Hdfc Balanced Advantage Fund Idcw Direct Plan Latest Trend

Risk Ratios

  • P/E Ratio
    UM_URBAN_MONEY

    25.80
  • P/B Ratio
    UM_URBAN_MONEY

    4.28
  • Alpha
    UM_URBAN_MONEY

    0
  • Beta
    UM_URBAN_MONEY

    0
  • Sharpe
    UM_URBAN_MONEY

    0.27
  • Sortino
    UM_URBAN_MONEY

    0.48

Fund Overview

Expense ratio
UM_URBAN_MONEY

0.80%

Exit Load
UM_URBAN_MONEY

0%

Lock-in
UM_URBAN_MONEY

No Lock-in

AUM (Fund Size)
UM_URBAN_MONEY

73348.57 Cr

Index
UM_URBAN_MONEY

Min. Investment
UM_URBAN_MONEY

SIP ₹100.00

Scheme Riskometer

Investors understand that their principal will be at
Very High

Investment Return Calculator

as on Mar 28, 2024

Total Invested Amount

3 Months Absolute Return (In %)

6 Months Absolute Return (In %)

1 Year Absolute Return (In %)

3 Year Absolute Return (In %)

5 Year Absolute Return (In %)

10,582.79 (5.83%)11,792.1 (17.92%)14,152.99 (41.53%)19,574.18 (95.74%)22,899.82 (129.00%)
31,748.37 (5.83%)35,376.3 (17.92%)42,458.97 (41.53%)58,722.54 (95.74%)68,699.46 (129.00%)
52,913.95 (5.83%)58,960.5 (17.92%)70,764.95 (41.53%)97,870.9 (95.74%)1,14,499.1 (129.00%)
84,662.32 (5.83%)94,336.8 (17.92%)1,13,223.92 (41.53%)1,56,593.44 (95.74%)1,83,198.56 (129.00%)
1,05,827.9 (5.83%)1,17,921 (17.92%)1,41,529.9 (41.53%)1,95,741.8 (95.74%)2,28,998.2 (129.00%)

Calculate Your Mutual Fund Returns

  • 500
  • 1 Lac
Years
  • 1
  • 30
%
  • 1
  • 30

Total investment

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Profit

Fund Portfolio Allocation

  • Holdings
  • Sectors

Name

Assets

  • GOI MAT14.13%
  • HDFC Bank Ltd8.03%
  • Coal India Ltd4.17%
  • NTPC Limited3.85%
  • State Bank of India3.56%
  • ICICI Bank Ltd3.46%
  • Power Finance Corporation Ltd3.00%
  • Larsen and Toubro Ltd2.67%
  • ITC Ltd2.66%
  • Infosys Limited2.50%
  • REC Limited2.47%
  • Reliance Industries Ltd2.23%
  • Axis Bank Ltd2.20%
  • Floating Rate GOI2.03%
  • Small Industries Development Bank1.98%
  • Bharti Airtel Ltd1.38%
  • GAIL India Ltd1.31%
  • National Bank for Agri & Rural Dev1.23%
  • Bank of Baroda1.20%
  • Tata Consultancy Services Ltd1.18%
  • Sun Pharmaceutical Industries Ltd1.15%
  • Lupin Ltd1.05%
  • Bharat Petroleum Corporation Ltd0.94%
  • Hindustan Petroleum Corp Ltd0.92%
  • Tata Motors Ltd0.88%
  • Titagarh Wagons Limited0.88%
  • Hindustan Aeronautics Limited0.87%
  • Indian Railways Finance Corp Ltd0.87%
  • Embassy Office Parks REIT0.86%
  • Bharat Dynamics Limited0.84%
  • Mahindra & Mahindra Ltd0.78%
  • LIC Housing Finance Ltd0.78%
  • Mishra Dhatu Nigam Ltd0.77%
  • Apar Industries Limited0.72%
  • NHPC Ltd0.72%
  • Garden Reach Shipbuilders & Engineers Limited0.67%
  • Reverse Repo0.62%
  • State Bank of India Tier Basel III0.60%
  • SBI Life Insurance Company Ltd0.57%
  • Gujarat Pipavav Port Ltd0.57%
  • TREPS Tri party Repo0.56%
  • Apollo Tyres Ltd0.56%
  • Techno Electric & Engin Co Ltd0.54%
  • Cholamandalam Investment & Finance Co Ltd0.52%
  • BROOKFIELD INDIA REAL ESTATE TRUST0.50%
  • Indusind Bank Ltd0.46%
  • BEML Limited0.43%
  • Bajaj Finserv Ltd0.42%
  • Aurobindo Pharma Ltd0.42%
  • Toyota Financial Services India Ltd0.41%
  • J Kumar Infraprojects Ltd0.40%
  • CESC Ltd0.40%
  • Housing and Urban Development Corporation Ltd0.40%
  • Jamnagar Utilities & Power Pvt Ltd erstwhile Reliance Utilities & Power Pvt Ltd0.39%
  • Ipca Laboratories Ltd0.37%
  • Bajaj Finance Ltd0.36%
  • Maruti Suzuki India Limited0.36%
  • Bank of Baroda Tier Basel III0.34%
  • Zee Entertainment Enterprises Ltd0.34%
  • HDB Financial Services Ltd0.34%
  • Bharat Forge Ltd0.32%
  • POWERGRID Infrastructure Investment Trust0.31%
  • Sansar Trust July II PTC backed by loan receivables originated by Shriram Finance Limited0.31%
  • Bank of Baroda Perpetual AT Basel III0.30%
  • LAKSHMI MACHINE WORKS LTD0.29%
  • Ashoka Buildcon Ltd0.28%
  • Adani Ports & Special Economic Zone0.27%
  • Mahanagar Telephone Nigam Ltd Corporate guarantee from Govt of India0.27%
  • Oil & Natural Gas Corporation Ltd0.27%
  • Kotak Mahindra Investments Ltd0.27%
  • Time Technoplast Limited0.26%
  • Great Eastern Shipping Company Ltd0.25%
  • Texmaco Rail & Engineering Ltd0.25%
  • Savita Oil Technologies Ltd0.25%
  • Dynamatic Technologies Ltd0.25%
  • Net Current Assets0.24%
  • Life Insurance Corporation of India0.24%
  • PCBL Ltd0.22%
  • TEGA INDUSTRIES LIMITED0.21%
  • Titan Company Ltd0.21%
  • Pipeline Infrastructure Pvt Ltd0.21%
  • Asian Paints Limited0.20%
  • Indian Bank0.20%
  • Kalpataru Projects International Ltd0.20%
  • Export Import Bank of India0.20%
  • SBI CARDS AND PAYMENT SERVICES LIMITED0.19%
  • Ashok Leyland Ltd0.19%
  • Cipla Ltd0.17%
  • Gujarat Industries Power Co Ltd0.17%
  • Jio Financial Services Limited0.16%
  • Grasim Industries Ltd0.15%
  • Kotak Mahindra Bank Limited0.13%
  • The Tata Power Company Ltd0.13%
  • Power Grid Corporation of India Ltd0.13%
  • Apollo Hospitals Enterprise Ltd0.10%
  • ADITYA BIRLA SUN LIFE AMC LIMITED0.09%
  • Tata Steel Ltd0.09%
  • UPL Ltd0.08%
  • RHI MAGNESITA INDIA Limited0.08%
  • Tata Capital Financial Services Ltd0.08%
  • ADANI ENTERPRISES LIMTIED0.08%
  • Bharti Airtel Ltd PARTLY PAID UP SHARES0.08%
  • InterGlobe Aviation Ltd0.08%
  • Tech Mahindra Ltd0.08%
  • Canara Bank Tier Basel III0.08%
  • Ambuja Cements Ltd0.07%
  • Indian Railway Catering And Tourism Corp Ltd0.07%
  • Union Bank of India Perpetual AT Basel III0.07%
  • Uttarakhand SDL ISD MAT0.07%
  • Bajaj Housing Finance Ltd0.07%
  • IRB Infrastructure Developers Ltd0.06%
  • Dr Reddys Laboratories Ltd0.06%
  • Punjab National Bank0.06%
  • AGS Transact Technologies Limited0.06%
  • RITES Limited0.05%
  • Hindustan Unilever Ltd0.05%
  • Eicher Motors Ltd0.05%
  • Nestle India Ltd0.04%
  • Bharat Heavy Electricals Ltd0.04%
  • Canara Bank0.04%
  • HCL Technologies Ltd0.04%
  • JSW Infrastructure Limited0.04%
  • Uttar Pradesh SDL ISD MAT0.04%
  • Uttar Pradesh SDL ISD Mat0.03%
  • BEML Land Assets Limited0.03%
  • Wipro Ltd0.03%
  • Shriram Finance Ltd0.03%
  • ACC Ltd0.03%
  • HDFC Life Insurance Company Limited0.03%
  • Ramco Systems Ltd0.02%
  • Divis Laboratories Ltd0.02%
  • GOI STRIPS Mat0.02%
  • Britannia Industries Ltd0.02%
  • Campus Activewear Limited0.02%
  • Indian Oil Corporation Ltd0.02%
  • Indian Energy Exchange Limited0.02%
  • MEP Infrastructure Developers Ltd0.02%
  • JSW Steel Ltd0.02%
  • Bajaj Auto Limited0.02%
  • Guj Narmada Valley Fertilisers Ltd0.02%
  • Indus Towers Limited0.01%
  • Jindal Steel & Power Ltd0.01%
  • Tata Consumer Products Limited0.01%
  • Indian Hotels Company Ltd0.01%
  • Piramal Enterprises Limited0.01%
  • Pidilite Industries Ltd0.01%
  • Siemens Ltd0.01%
  • Container Corporation of India Ltd0.01%
  • Syngene International Limited0.01%
  • PVR LIMITED0.01%
  • ESCORTS LTD0.01%
  • CanFin Homes Ltd0.01%
  • Dabur India Ltd0.01%
  • Zydus Lifesciences Limited0.01%
  • SRF Ltd0.01%
  • DLF LIMITED0.01%
  • Aarti Industries Ltd0.01%
  • Godrej Consumer Products Ltd0.01%
  • United Spirits Limited0.00%
  • Hero MotoCorp Ltd0.00%
  • India Cements Ltd0.00%
  • Sun TV Network Limited0.00%
  • Glenmark Pharmaceuticals Ltd0.00%
  • Oberoi Realty Ltd0.00%
  • Hindalco Industries Ltd0.00%
  • ICICI Prudential Life Insurance Company Ltd0.00%
  • LTIMindtree Limited0.00%
  • Kerala SDL Mat0.00%
  • Torrent Pharmaceuticals Ltd0.00%
  • PI Industries Ltd0.00%
  • Marico Ltd0.00%
  • United Breweries Ltd0.00%
  • JK Cement Limited0.00%

Holdings Analysis

Peer Comparison

Pick your choice with our quick comparitive analysis

  • 6M
  • 1Y
  • 3Y
  • 5Y
Mutual Fund SchemesCategoryRiskAbsolute Return (6M)

NJ Balanced Advantage Fund - Regular Plan - GrowthNJ Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Moderately High

15.24%

Axis Balanced Advantage Fund - Regular Plan - GrowthAxis Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

11.67%

Baroda BNP Paribas Balanced Advantage Fund - Regular Plan - GrowthBaroda BNP Paribas Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

10.84%

ICICI Prudential Balanced Advantage Fund - GrowthICICI Prudential Balanced Advantage Fund - Growth

HYBRID

High

10.71%

HSBC Balanced Advantage Fund - Regular Plan - GrowthHSBC Balanced Advantage Fund - Regular Plan - Growth

HYBRID

High

10.66%

Union Balanced Advantage Fund - Regular Plan - GrowthUnion Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

10.14%

Aditya Birla Sun Life Balanced Advantage Fund - GrowthAditya Birla Sun Life Balanced Advantage Fund - Growth

HYBRID

Very High

8.00%

Kotak Balanced Advantage Fund - Regular Plan - GrowthKotak Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

7.81%

Bandhan Balanced Advantage Fund - Regular Plan - GrowthBandhan Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Moderately High

7.42%

LIC MF Balanced Advantage Fund - Regular Plan - GrowthLIC MF Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Moderately High

6.00%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

NJ Balanced Advantage Fund - Regular Plan - GrowthNJ Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Moderately High

31.21%

Mahindra Manulife Balanced Advantage Fund - Regular Plan - GrowthMahindra Manulife Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

27.89%

Bank of India Balanced Advantage Fund - Regular Plan - GrowthBank of India Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

23.45%

ITI Balanced Advantage Fund - Regular Plan - GrowthITI Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

22.95%

Tata Balanced Advantage Fund - Regular Plan - GrowthTata Balanced Advantage Fund - Regular Plan - Growth

HYBRID

High

20.11%

ICICI Prudential Balanced Advantage Fund - GrowthICICI Prudential Balanced Advantage Fund - Growth

HYBRID

High

19.41%

Union Balanced Advantage Fund - Regular Plan - GrowthUnion Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

17.77%

LIC MF Balanced Advantage Fund - Regular Plan - GrowthLIC MF Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Moderately High

17.54%

Bandhan Balanced Advantage Fund - Regular Plan - GrowthBandhan Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Moderately High

17.24%

Kotak Balanced Advantage Fund - Regular Plan - GrowthKotak Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

16.61%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

Bank of India Balanced Advantage Fund - Regular Plan - GrowthBank of India Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

13.48%

Baroda BNP Paribas Balanced Advantage Fund - Regular Plan - GrowthBaroda BNP Paribas Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

13.28%

Tata Balanced Advantage Fund - Regular Plan - GrowthTata Balanced Advantage Fund - Regular Plan - Growth

HYBRID

High

12.84%

Nippon India Balanced Advantage Fund - GrowthNippon India Balanced Advantage Fund - Growth

HYBRID

Very High

12.83%

ICICI Prudential Balanced Advantage Fund - GrowthICICI Prudential Balanced Advantage Fund - Growth

HYBRID

High

12.77%

ITI Balanced Advantage Fund - Regular Plan - GrowthITI Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

11.87%

Axis Balanced Advantage Fund - Regular Plan - GrowthAxis Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

11.77%

Aditya Birla Sun Life Balanced Advantage Fund - GrowthAditya Birla Sun Life Balanced Advantage Fund - Growth

HYBRID

Very High

11.47%

HSBC Balanced Advantage Fund - Regular Plan - GrowthHSBC Balanced Advantage Fund - Regular Plan - Growth

HYBRID

High

10.11%

Union Balanced Advantage Fund - Regular Plan - GrowthUnion Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

9.01%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

ICICI Prudential Balanced Advantage Fund - GrowthICICI Prudential Balanced Advantage Fund - Growth

HYBRID

High

12.92%

Tata Balanced Advantage Fund - Regular Plan - GrowthTata Balanced Advantage Fund - Regular Plan - Growth

HYBRID

High

12.70%

Union Balanced Advantage Fund - Regular Plan - GrowthUnion Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

11.90%

Aditya Birla Sun Life Balanced Advantage Fund - GrowthAditya Birla Sun Life Balanced Advantage Fund - Growth

HYBRID

Very High

11.86%

Nippon India Balanced Advantage Fund - GrowthNippon India Balanced Advantage Fund - Growth

HYBRID

Very High

11.79%

Kotak Balanced Advantage Fund - Regular Plan - GrowthKotak Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

11.77%

Axis Balanced Advantage Fund - Regular Plan - GrowthAxis Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

10.24%

Bandhan Balanced Advantage Fund - Regular Plan - GrowthBandhan Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Moderately High

10.14%

HSBC Balanced Advantage Fund - Regular Plan - GrowthHSBC Balanced Advantage Fund - Regular Plan - Growth

HYBRID

High

9.79%

Bank of India Balanced Advantage Fund - Regular Plan - GrowthBank of India Balanced Advantage Fund - Regular Plan - Growth

HYBRID

Very High

9.12%

Fund Managers

GA

Mr. Gopal AgrawalChief Investment Officer

He has over 7 years of experience in the field of finance and financial related services. Mr. Agrawal is responsible for supervision and management of Equity Investments. Prior to this assignment, Mr. Agrawal was the Fund Manager with SBI Mutual Fund. He has also been associated with organizations like Kotak Securities, HDFC Securities, IDBI Capital, UTI Securities and IPCL.

SR

Mr. Srinivasan RamamurthyFund Manager

AB

Mr. Anil BamboliSenior Fund Manager - Fixed Income

Mr. Anil Bamboli has 16 years of experience in fund management and research, Fixed Income dealing. He is with HDFC AMC from July 2003 till date. Prior to this he was Asst. Vice President in SBI Funds Management Pvt. Ltd.

NM

Mr. Nirman MorakhiaFund Manager

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HDFC Balanced Advantage Fund - IDCW - Direct Plan

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HDFC Balanced Advantage Fund - IDCW - Direct Plan

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HDFC Balanced Advantage Fund - IDCW - Direct Plan

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HDFC Balanced Advantage Fund - IDCW - Direct Plan

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HDFC Balanced Advantage Fund - IDCW - Direct Plan

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HDFC Balanced Advantage Fund - IDCW - Direct Plan

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About HDFC Balanced Advantage Fund – IDCW – Direct Plan

The HDFC Balanced Advantage Fund – IDCW – Direct Plan is a type of mutual fund offered by HDFC Asset Management Company. It is a hybrid fund that seeks to balance growth and stability by investing in equity and debt securities. This plan offers an income distribution payout option for investors who want regular income from their investments. The HDFC Balanced Advantage Fund – IDCW- Direct Plan is a hybrid fund managed by a team of six individuals led by Gopal Agrawal. The fund offers diversification benefits and was launched on June 1, 2018.

Key Parameters of HDFC Balanced Advantage Fund – IDCW – Direct Plan

  1. As of 29-03-2023, the net asset value (NAV) of HDFC Balanced Advantage Fund – IDCW – is ₹32.66.
  2. The fund has assets under management (AUM) worth ₹51042 Cr as of 31-01-2023, which is higher than the average for its category.
  3. The fund has an expense ratio of 0.88%, which is the fee charged by the fund to manage investors’ money.

HDFC Balanced Advantage Fund – IDCW – Direct Plan Returns

Since its inception, HDFC Balanced Advantage Fund Direct Plan Payout Inc Dist cum Cap Wdrl Opt has provided a compounded annual growth rate (CAGR) return of 6.07%. In the past year, three years, and five years, the fund has provided CAGR returns of 12.51%, 29.79%, and 12.33%, respectively.

Holdings

HDFC Balanced Advantage Fund Direct Plan Payout Inc Dist cum Cap Wdrl Opt has primarily invested its funds in various sectors such as Government, Financial Services, Corporate, Cash Equivalent, Energy, Industrial, Utilities, Tech, Consumer Defensive, Consumer Cyclical, Health, Communication, Real Estate, and Basic Materials.

Taxation

If you invest in a dynamic asset allocation mutual fund with more than 65% of its assets in equity instruments, the tax you pay will depend on whether you hold the investment for a short or long period. If you hold the investment for less than a year, your capital gains will be taxed at 15%. If you hold the investment for over a year, your capital gains will be taxed at 10%, but you will not be eligible for indexation benefits. You will also be exempt from paying tax on gains up to Rs 1 lakh if you hold the investment for over 12 months.

If the mutual fund has more than 65% of its assets in debt instruments, the tax you pay will be determined by the length of time you hold the investment. If you hold the investment for less than three years, your capital gains will be taxed at your income slab rate. If you hold the investment for over three years, your capital gains will be taxed at 20% with an indexation benefit. Dividends will always be taxed at your income slab rate.

Investment Objective

The goal of this investment is to achieve long-term growth or income through a combination of equity as well as debt investments. However, the fund house does not guarantee this investment will achieve its objective.

Minimum Investment and Lock-in Period

You can invest a minimum of INR 100 for a lump sum and SIP payments in HDFC Balanced Advantage Fund Direct Plan Payout Inc Dist cum Cap Wdrl Opt. There is no lock-in period, meaning you can redeem your investment anytime.

HDFC Balanced Advantage Fund

HDFC Balanced Advantage Fund, managed by HDFC Asset Management Company Limited, is a mutual fund with 61 schemes. The fund has an allocation of 69.78% in equity, 23.7% in debt, and 6.52% in cash-related instruments. Despite delivering an average annual return of 6.07% since inception, lower than its average category return of 7.88%, investors should know that their principal is at very high risk. The fund currently has assets under management (AUM) of ₹51042 Cr, significantly higher than its category average of ₹7273 Cr.

FAQs

How to invest in HDFC Balanced Advantage Fund - IDCW - Direct Plan?

You can start investing in HDFC Balanced Advantage Fund – IDCW – Direct Plan through their official website or investment platform. All you need to do is, create an account and choose the fund scheme you want to invest in, the investment amount and tenure. Once you are done with the payment, you will receive confirmation.

What are your views about the HDFC Balanced Advantage Fund - IDCW - Direct Plan?

The HDFC Balanced Advantage Fund – IDCW – Direct Plan is a well-managed mutual fund with a track record of delivering consistent returns.

The fund’s balanced approach to investing in both equity and debt instruments can provide a measure of diversification and risk management for investors. Additionally, the fund is managed by experienced professionals with a strong track record of generating returns for investors.

Is HDFC Balanced Advantage Fund - IDCW - Direct Plan risky investment?

Whether or not the HDFC Balanced Advantage Fund – IDCW – Direct Plan is risky depends on an individual’s risk tolerance and objectives. It is essential to carefully consider your investment goals, conduct thorough research, and consult a financial advisor before making investment decisions.

How good is HDFC Balanced Advantage Fund - IDCW - Direct Plan for long-term investment?

While past performance does not guarantee future returns, the HDFC Balanced Advantage Fund – IDCW – Direct Plan is a good option for long-term investors willing to tolerate some level of risk in pursuit of higher returns. However, conducting thorough research and consulting with a financial advisor before making investment decisions is essential.

Should we invest in the HDFC Balanced Advantage Fund - IDCW - Direct Plan in 2023?

Investing in HDFC Balanced Advantage Fund – IDCW – Direct Plan is good considering its past performance, expense ratio and NAV. However, the investment decision depends on an individual’s goal, risk-tolerant capabilities and investment tenure. Investors looking forward to investing for an extended period should invest in this fund scheme for significant returns.

What are the top sectors HDFC Balanced Advantage Fund - IDCW - Direct Plan has invested in?

The HDFC Balanced Advantage Fund – IDCW – Direct Plan has invested the highest percentage (35.07%) in the Industrial sector, followed by the Consumer Cyclical sector with a percentage of 22.02%. Additionally, the fund has invested 15.4% in Cash Equivalents. Therefore, the top sectors in which the HDFC Balanced Advantage Fund – IDCW – Direct Plan has invested are the Industrial and Consumer Cyclical sectors.

How to Redeem HDFC Balanced Advantage Fund - IDCW - Direct Plan?

You can redeem HDFC Balanced Advantage Fund – IDCW – Direct Plan anytime, as the scheme has no lock-in period. To redeem the accumulated amount, log into your investment account and select the redeem option. The funds will be transferred to your linked account through which the investment amount is deducted.

What is the NAV of HDFC Balanced Advantage Fund - IDCW - Direct Plan?

As of March, the NAV of HDFC Balanced Advantage Fund – IDCW – Direct Plan is INR 32.395.

What is the PE and PB ratio of HDFC Balanced Advantage Fund - IDCW - Direct Plan?

Before investing in mutual funds, it is essential to know the PE and PB ratios of the fund schemes. It helps to make informed investment decisions. The PE and PB ratio of HDFC Balanced Advantage Fund – IDCW – Direct Plan clocks at 21.65 and 3.37.

How much does HDFC Balanced Advantage Fund - IDCW - Direct Plan charge as an expense ratio?

As of March, the expense ratio of HDFC BAlanced Advantage Fund – IDCW – Direct Plan is 0.7.

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‘Indexation’ is a pivotal term for investors during decision-making. It is also considered vital to reduce tax liabilities associated with investments, especially in debt mutual funds. Although calculating In

Feb 13, 2024

Yield to Maturity

Yield to Maturity (YTM) stands out as a pivotal concept among investors. It’s a term that often bounces around in financial discussions, yet its understanding remains elusive to many. Whether you’re a novice

Feb 07, 2024

What is Arbitrage Fund

Arbitrage funds are a type of investment strategy. I.e., the funds generate income by simultaneously buying and selling securities in various markets for different prices. As exploiting the price differences between the

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