HSBC Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationModerately High risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,526 Cr
Expense Ratio
0.82%
ISIN
INF917K01IN1
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹49.75, Assets Under Management (AUM) of 1526.26 Crores, and an expense ratio of 0.82%.
- HSBC Balanced Advantage Fund Direct Growth has given a CAGR return of 12.07% since inception.
- The fund's asset allocation comprises around 66.76% in equities, 31.11% in debts, and 2.13% 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
+7.86%
+5.20% (Cat Avg.)
3 Years
+15.39%
+15.31% (Cat Avg.)
5 Years
+13.08%
+14.70% (Cat Avg.)
10 Years
+9.34%
+10.01% (Cat Avg.)
Since Inception
+12.07%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹1,018.93 Cr | 66.76% |
| Debt | ₹474.88 Cr | 31.11% |
| Others | ₹32.44 Cr | 2.13% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹119.96 Cr | 7.86% |
| HDFC Bank Ltd | Equity | ₹107.54 Cr | 7.05% |
| Axis Bank Ltd | Equity | ₹68.92 Cr | 4.52% |
| Infosys Ltd | Equity | ₹68.76 Cr | 4.51% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹50.14 Cr | 3.29% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹43.18 Cr | 2.83% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹42.28 Cr | 2.77% |
| Aurobindo Pharma Ltd | Equity | ₹40.72 Cr | 2.67% |
| Tata Power Co Ltd | Equity | ₹40.67 Cr | 2.66% |
| Kotak Mahindra Bank Ltd | Equity | ₹34.03 Cr | 2.23% |
| DLF Ltd | Equity | ₹30.94 Cr | 2.03% |
| Polycab India Ltd | Equity | ₹30.93 Cr | 2.03% |
| Reliance Industries Ltd | Equity | ₹28.42 Cr | 1.86% |
| Rec Limited | Bond - Corporate Bond | ₹27.5 Cr | 1.80% |
| INDIA UNIVERSAL TRUST AL2 | Bond - Asset Backed | ₹26.92 Cr | 1.76% |
| PB Fintech Ltd | Equity | ₹26.42 Cr | 1.73% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹26.2 Cr | 1.72% |
| Rec Limited | Bond - Corporate Bond | ₹26.04 Cr | 1.71% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹25.99 Cr | 1.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.92 Cr | 1.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.91 Cr | 1.70% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹25.64 Cr | 1.68% |
| Shriram Finance Ltd | Equity | ₹25.57 Cr | 1.68% |
| National Housing Bank | Bond - Corporate Bond | ₹25.56 Cr | 1.67% |
| Treps | Cash - Repurchase Agreement | ₹25.46 Cr | 1.67% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹21.29 Cr | 1.40% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹20.97 Cr | 1.37% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹20.92 Cr | 1.37% |
| Radico Khaitan Ltd | Equity | ₹19 Cr | 1.24% |
| Eternal Ltd | Equity | ₹17.87 Cr | 1.17% |
| UTI Asset Management Co Ltd | Equity | ₹17.85 Cr | 1.17% |
| Safari Industries (India) Ltd | Equity | ₹17.31 Cr | 1.13% |
| Tata Consultancy Services Ltd | Equity | ₹17.27 Cr | 1.13% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹16.88 Cr | 1.11% |
| NTPC Ltd | Equity | ₹16.7 Cr | 1.09% |
| The Federal Bank Ltd | Equity | ₹16.16 Cr | 1.06% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹16.09 Cr | 1.05% |
| GE Vernova T&D India Ltd | Equity | ₹15.69 Cr | 1.03% |
| Varun Beverages Ltd | Equity | ₹15.47 Cr | 1.01% |
| Maruti Suzuki India Ltd | Equity | ₹15.4 Cr | 1.01% |
| Abbott India Ltd | Equity | ₹15.23 Cr | 1.00% |
| 6.33% Government Of India | Bond - Gov't/Treasury | ₹15.19 Cr | 1.00% |
| Time Technoplast Ltd | Equity | ₹15.12 Cr | 0.99% |
| Neuland Laboratories Ltd | Equity | ₹14.38 Cr | 0.94% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹14.15 Cr | 0.93% |
| Jubilant Foodworks Ltd | Equity | ₹13.11 Cr | 0.86% |
| ITC Ltd | Equity | ₹13.11 Cr | 0.86% |
| State Bank of India | Equity | ₹12 Cr | 0.79% |
| Bikaji Foods International Ltd | Equity | ₹11.48 Cr | 0.75% |
| Firstsource Solutions Ltd | Equity | ₹11.14 Cr | 0.73% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹10.65 Cr | 0.70% |
| United Spirits Ltd | Equity | ₹10.64 Cr | 0.70% |
| Aditya Vision Ltd | Equity | ₹10.21 Cr | 0.67% |
| Vinati Organics Ltd | Equity | ₹9.22 Cr | 0.60% |
| Hindalco Industries Ltd | Equity | ₹8.96 Cr | 0.59% |
| Bharat Electronics Ltd | Equity | ₹8.77 Cr | 0.57% |
| Cohance Lifesciences Ltd | Equity | ₹7.86 Cr | 0.51% |
| IIFL Capital Services Ltd Ordinary Shares | Equity | ₹7.64 Cr | 0.50% |
| Bharat Bijlee Ltd | Equity | ₹7.45 Cr | 0.49% |
| Tech Mahindra Ltd | Equity | ₹7.08 Cr | 0.46% |
| Godrej Consumer Products Ltd | Equity | ₹6.1 Cr | 0.40% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.34 Cr | 0.35% |
| LIC Housing Finance Ltd | Cash - Commercial Paper | ₹4.91 Cr | 0.32% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹2.07 Cr | 0.14% |
Allocation By Market Cap (Equity)
Large Cap Stocks
47.57%
Mid Cap Stocks
9.45%
Small Cap Stocks
9.74%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹436.11 Cr | 28.57% |
| Healthcare | ₹116.03 Cr | 7.60% |
| Technology | ₹104.26 Cr | 6.83% |
| Consumer Cyclical | ₹89.02 Cr | 5.83% |
| Consumer Defensive | ₹75.79 Cr | 4.97% |
| Industrials | ₹62.83 Cr | 4.12% |
| Utilities | ₹57.37 Cr | 3.76% |
| Real Estate | ₹30.94 Cr | 2.03% |
| Energy | ₹28.42 Cr | 1.86% |
| Basic Materials | ₹18.17 Cr | 1.19% |
Risk & Performance Ratios
Standard Deviation
This fund
6.96%
Cat. avg.
8.36%
Lower the better
Sharpe Ratio
This fund
0.97
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.41
Higher the better
Fund Managers
Mahesh Chhabria
Since July 2023
Neelotpal Sahai
Since November 2022
Praveen Ayathan
Since October 2023
Sonal Gupta
Since October 2023
Mohd Asif Rizwi
Since February 2025
Additional Scheme Detailsas of 31st May 2025
ISIN | INF917K01IN1 | Expense Ratio | 0.82% | Exit Load | 1.00% | Fund Size | ₹1,526 Cr | Age | 12 years 5 months | 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  |
|---|---|---|---|---|
| Unifi Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.9% | 1.0% | ₹640.17 Cr | - |
| Unifi Dynamic Asset Allocation Fund Regular Growth Moderate Risk | 1.5% | 1.0% | ₹640.17 Cr | - |
| Canara Robeco Balanced Advantage Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1485.86 Cr | - |
| Canara Robeco Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1485.86 Cr | - |
| Helios Balanced Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹304.96 Cr | 3.4% |
| Helios Balanced Advantage Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹304.96 Cr | 1.8% |
| Parag Parikh Dynamic Asset Allocation Fund Regular Growth Moderate Risk | 0.6% | 1.0% | ₹2104.51 Cr | 8.1% |
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2104.51 Cr | 8.4% |
| Samco Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹452.79 Cr | -2.7% |
| Samco Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹452.79 Cr | -4.2% |
About the AMC
Total AUM
₹1,22,950 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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Who manages the HSBC Balanced Advantage Fund Direct Growth?
- Mahesh Chhabria
- Neelotpal Sahai
- Praveen Ayathan
- Sonal Gupta
- Mohd Asif Rizwi
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