HDFC Balanced Advantage Fund - Growth Plan

HDFC Balanced Advantage Fund - Growth Plan is a fund scheme from HDFC mutual fund. It falls under a Dynamic Asset Allocation category. After being launched on 01-02-1994. HDFC Balanced Advantage Fund - Growth Plan has achieved Rs 89878.3 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 100 and lumpsum of Rs 100 to start the investment. The expense ratio of this fund is 1.36%.

• Investing Strategy:

  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.

• Performance:

  HDFC Balanced Advantage Fund - Growth Plan trailing returns over different times are 31.15% (1 year), 20.9% (3 year), 20.13% (5 year). The average annual return of this fund stands at 31.15%

• Fund Manager & Portfolio Allocation:

  Anil Bamboli, Gopal Agrawal, Arun Agarwal, Srinivasan Ramamurthy, Nirman S. Morakhia, Dhruv Muchhal are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Banks, Petroleum Products, Construction, Finance, IT - Software, , , Realty, Power Sectors. First five holdings of this fund are HDFC Bank Ltd., Coal India Ltd., State Bank of India, ICICI Bank Ltd., NTPC Limited, 7.38% GOI MAT 200627, 7.18% GOI MAT 140833, 7.1% GOI MAT 180429, Floating Rate GOI 2034, 7.18% GOI MAT 240737, TREPS - Tri-party Repo, Net Current Assets Companies.