HDFC Balanced Fund

HDFC Balanced Advantage Fund is a Hybrid mutual fund offered by HDFC Asset Management Company (HDFC Mutual Fund). This fund invests in a combination of equity and debt instruments and is ideal for wealth creation over a long period of time.

Investment Objective: To provide long term capital appreciation/income from a dynamic mix of equity and debt investments. There is no assurance that the investment objective of the Scheme will be realized.

Note: All information has been sourced from the official website of HDFC Mutual Fund.

Features of HDFC Balanced Fund

The salient features of this plan are:

It is a hybrid fund which invests in both equities and debt instruments.
The fund has 81.8% investment in Indian stocks of which 67.49% is in large cap stocks, 8.08% in mid cap stocks, 6.23% in small cap stocks.
The fund has 15.3% investment in debt of which, 13.89% is in funds invested in very low risk securities.
This is the largest hybrid fund in the Industry with the Return rate of 18.63% since inception.
Equity Strategy - Effective diversification of portfolio with flexibility to invest in small/mid/large cap stock of good quality companies.
Portfolio duration is actively managed based on the outlook for interest rates with a 2-3 year view.
HDFC Prudence Fund merged with HDFC Growth Fund to form HDFC Balanced Advantage Fund.

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Statistics of HDFC Balanced Fund

Criteria	Definition
Name	HDFC Balanced Advantage Fund (HBAF)
Type	Balanced Advantage Fund - Open Ended
Benchmark	NIFTY 50 Hybrid Composite Debt 65:35 Index (Total Returns Index)
Loads	Entry Load: Not Applicable. Exit Load In respect of each purchase/switch-in of units, upto 15% of the units may be redeemed without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load - Exit load of 1.00% is payable if units are redeemed/switched-out within 1 year from the date of allotment of units. No exit load is payable if units are redeemed/switched-out after 1 year from the date of allotment.
Subscription Amount	Purchase: Rs. 5,000 and any amount thereafter. Additional Purchase: Rs. 1,000 and any amount thereafter
Plan Options	Regular Plan: Growth Option Dividend Option with Payout and Reinvestment facility. Direct Plan: Growth Option Dividend Option with Payout and Reinvestment facility.
Transaction Charges	For First Time Mutual Fund Investor (across Mutual Funds): Rs. 150 per purchase/subscription of Rs. 10,000 and above will be deducted from the purchase/subscription amount for payment to the distributor. Investor other than First Time Mutual Fund Investor: Rs. 100 per purchase / subscription of Rs. 10,000 and above will be deducted from the purchase/ subscription amount for payment to the distributor. In case of SIP: Transaction Charges in case of investments through SIP are deductible only if the total commitment of investment (i.e. amount per SIP installment x No. of installments) amounts to Rs. 10,000 or more.
Risk	Moderately High
NAV	Rs. 189.7 as on 27th August, 2019
AUM	Rs. 41,471 Cr as on 28th August 2019
Fund Manager	Mr. Prashant Jain
Expense Ratio	1.9%
Returns - 3 Years	9.63%
Returns - 5 Years	10.02%
Returns - 10 Years	12.14%

HDFC Balanced Fund Performance

SIP	Inception	15 Yr SIP	10 Yr SIP	5 Yr SIP	3 Yr SIP	1 Yr SIP
Total Amount Invested	3030	1800	1200	600	360	120
Market Value as on April 30th, 2019	59610	6235.47	2384.73	773.62	413.87	126.96
Returns (%)	19.43	15.13	13.18	10.12	9.30	12.63
Benchmark Returns (%)	NA	11.40	10.83	10.58	11.33	12.95
Additional Benchmark Returns (%)	NA	12.82	12.10	12.16	13.97	14.87

Performance - Regular Plan - Growth Option

Period	Returns	Benchmark Returns	Additional Benchmarks
1 Year	6.82%	9.92%	10.84%
3 Years	13.83%	12.89%	15.91%
5 Years	14.46%	11.83%	13.32%
Since Inception	18.56%	NA	NA

Value of Investment of Rs. 10,000

Period	Returns	Benchmark Returns	Additional Benchmarks
1 Year	10,682	10,992	11,084
3 Years	14,755	14,391	15,580
5 Years	19,655	17,497	18,693
Since Inception	7,37,069	NA	NA

Top Holdings of HDFC Balanced Fund

Entity	Weightage
ICICI Bank Ltd	9.52%
State Bank of India	9.33%
Infosys Ltd	8.82%
Larsen & Toubro Ltd	6.46%
NTPC Ltd	3.69%
ITC Ltd	3.67%
Power Grid Corp Of India Ltd	3.58%
Reliance Industries Ltd	3.52%
State Bank Of India	3.44%
Tata Sons Limited	3.28%

Why Invest in HDFC Balanced Fund?

HDFC Balanced Advantage Fund is an excellent investment option if you are looking to create wealth from a combination of financial instruments (equity and debt). This is the largest hybrid fund in the industry with a good return rate of 18.63% since inception.

Documents Required to Purchase HDFC Balanced Fund

The documents required to buy HDFC Balanced Advantage Fund are:

Application Form
PAN Card/Aadhaar Card
SIP/Auto Debit Registration Form
Bank Account Mandate
KYC - Proof of ID and Address
Latest Bank Statement

FAQs on HDFC Balanced Fund

Is balanced fund a good investment?

Yes, a balanced fund is an excellent investment option.

What is the new name of HDFC Balanced Fund?

The new name of HDFC Balanced Fund is HDFC Balanced Advantage Fund.

What is a balanced fund with example?

A balanced fund is a type of mutual fund which comprises of substantial holdings in both equity and debt instruments. The HDFC Balanced Advantage is a fine example of a balanced fund.

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