Dezerv

Fund Overview

Fund Size

Fund Size

₹1,422 Cr

Expense Ratio

Expense Ratio

0.78%

ISIN

ISIN

INF917K01IN1

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

01 Jan 2013

About this fund

HSBC Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 11 years, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹44.91, Assets Under Management (AUM) of 1421.95 Crores, and an expense ratio of 0.78%.
  • HSBC Balanced Advantage Fund Direct Growth has given a CAGR return of 12.28% since inception.
  • The fund's asset allocation comprises around 48.90% in equities, 27.67% in debts, and 23.43% 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

+22.95%

+22.86% (Cat Avg.)

3 Years

+12.13%

+12.70% (Cat Avg.)

5 Years

+11.86%

+12.40% (Cat Avg.)

10 Years

+11.83%

+10.78% (Cat Avg.)

Since Inception

+12.28%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity695.35 Cr48.90%
Debt393.44 Cr27.67%
Others333.16 Cr23.43%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset277.71 Cr19.53%
ICICI Bank LtdEquity65.09 Cr4.58%
HDFC Bank LtdEquity64.73 Cr4.55%
Reliance Industries LtdEquity51.35 Cr3.61%
7.37% Govt Stock 2028Bond - Gov't/Treasury50.4 Cr3.54%
7.06% Govt Stock 2028Bond - Gov't/Treasury47.98 Cr3.37%
Larsen & Toubro LtdEquity44.14 Cr3.10%
Aurobindo Pharma LtdEquity38.83 Cr2.73%
Future on Aurobindo Pharma LtdEquity - Future-38.82 Cr2.73%
Zee Entertainment Enterprises LtdEquity37.6 Cr2.64%
Future on Zee Entertainment Enterprises LtdEquity - Future-37.54 Cr2.64%
7.18% Govt Stock 2033Bond - Gov't/Treasury31.44 Cr2.21%
Future on Ambuja Cements LtdEquity - Future-31.28 Cr2.20%
Ambuja Cements LtdEquity31.24 Cr2.20%
United Spirits LtdEquity31.14 Cr2.19%
Future on United Spirits LtdEquity - Future-31.14 Cr2.19%
Varun Beverages LtdEquity29.59 Cr2.08%
Rural Electrification Corporation LimitedBond - Corporate Bond26.49 Cr1.86%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.66 Cr1.80%
NTPC LtdEquity25.42 Cr1.79%
Power Finance Corporation LimitedBond - Corporate Bond25.4 Cr1.79%
Bajaj Finance LimitedBond - Corporate Bond25.29 Cr1.78%
LIC Housing Finance LimitedBond - Corporate Bond25.26 Cr1.78%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.25 Cr1.78%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt25.07 Cr1.76%
Rec LimitedBond - Corporate Bond24.82 Cr1.75%
Multi Commodity Exchange of India LtdEquity24.65 Cr1.73%
Future on Tata Power Co LtdEquity - Future-24.6 Cr1.73%
Panatone Finvest LtdCash - Commercial Paper24.59 Cr1.73%
Tata Power Co LtdEquity24.56 Cr1.73%
Manappuram Finance LtdEquity22.22 Cr1.56%
Future on Manappuram Finance LtdEquity - Future-22.18 Cr1.56%
CRISIL LtdEquity21.78 Cr1.53%
Future on Dixon Technologies (India) LtdEquity - Future-21.33 Cr1.50%
Dixon Technologies (India) LtdEquity21.27 Cr1.50%
Oil & Natural Gas Corp LtdEquity21.21 Cr1.49%
7.32% Govt Stock 2030Bond - Gov't/Treasury20.81 Cr1.46%
Sun Pharmaceuticals Industries LtdEquity18.78 Cr1.32%
DLF LtdEquity18.69 Cr1.31%
Future on DLF LtdEquity - Future-18.63 Cr1.31%
TrepsCash - Repurchase Agreement18.3 Cr1.29%
Kalyan Jewellers India LtdEquity16.56 Cr1.16%
Phoenix Mills LtdEquity15.76 Cr1.11%
360 One Wam Ltd Ordinary SharesEquity15.68 Cr1.10%
Bajaj Finance Ltd.Bond - Corporate Bond15.4 Cr1.08%
Future on Kotak Mahindra Bank LtdEquity - Future-14.65 Cr1.03%
Kotak Mahindra Bank LtdEquity14.62 Cr1.03%
Axis Bank LimitedCash - CD/Time Deposit14.37 Cr1.01%
Infosys LtdEquity14.21 Cr1.00%
APL Apollo Tubes LtdEquity14.02 Cr0.99%
Lupin LtdEquity13.99 Cr0.98%
Paradeep Phosphates LtdEquity13.97 Cr0.98%
Kotak Mahindra Prime Ltd.Bond - Corporate Bond13.85 Cr0.97%
Power Mech Projects LtdEquity13.11 Cr0.92%
PB Fintech LtdEquity12.65 Cr0.89%
Future on Godrej Consumer Products LtdEquity - Future-12.23 Cr0.86%
Godrej Consumer Products LtdEquity12.2 Cr0.86%
Exide Industries LtdEquity11.81 Cr0.83%
Sonata Software LtdEquity11.75 Cr0.83%
Zomato LtdEquity11.59 Cr0.82%
Prudent Corporate Advisory Services LtdEquity11.59 Cr0.81%
Birlasoft LtdEquity11.38 Cr0.80%
Time Technoplast LtdEquity11.04 Cr0.78%
Zensar Technologies LtdEquity10.73 Cr0.75%
Adani Ports & Special Economic Zone LtdEquity10.71 Cr0.75%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-10.66 Cr0.75%
Abbott India LtdEquity10.58 Cr0.74%
7.38% Govt Stock 2027Bond - Gov't/Treasury10.32 Cr0.73%
Kirloskar Oil Engines LtdEquity10.22 Cr0.72%
Coforge LtdEquity10.21 Cr0.72%
Century Textiles & Industries LtdEquity9.99 Cr0.70%
Zydus Lifesciences LtdEquity9.39 Cr0.66%
Lemon Tree Hotels LtdEquity9.17 Cr0.64%
Aditya Vision LtdEquity8.71 Cr0.61%
Escorts Kubota LtdEquity8.4 Cr0.59%
TD Power Systems LtdEquity8.39 Cr0.59%
Suven Pharmaceuticals LtdEquity8.26 Cr0.58%
Mahindra Lifespace Developers LtdEquity7.97 Cr0.56%
Indo Count Industries LtdEquity7.85 Cr0.55%
Tube Investments of India Ltd Ordinary SharesEquity7.73 Cr0.54%
Future on ICICI Bank LtdEquity - Future-7.54 Cr0.53%
Kirloskar Pneumatic Co LtdEquity6.28 Cr0.44%
Wipro LtdEquity6.24 Cr0.44%
Future on HDFC Bank LtdEquity - Future-3.98 Cr0.28%
REC LtdEquity3.8 Cr0.27%
Future on Larsen & Toubro LtdEquity - Future-2.84 Cr0.20%
Net Current Assets (Including Cash & Bank Balances)Cash-1.8 Cr0.13%
Future on Balrampur Chini Mills LtdEquity - Future-0.28 Cr0.02%
Balrampur Chini Mills LtdEquity0.25 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

35.39%

Mid Cap Stocks

15.35%

Small Cap Stocks

17.69%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services256.81 Cr18.06%
Industrials108.96 Cr7.66%
Healthcare99.81 Cr7.02%
Technology85.78 Cr6.03%
Consumer Cyclical76.73 Cr5.40%
Consumer Defensive73.18 Cr5.15%
Energy72.56 Cr5.10%
Basic Materials69.21 Cr4.87%
Utilities49.99 Cr3.52%
Real Estate42.41 Cr2.98%
Communication Services37.6 Cr2.64%

Risk & Performance Ratios

Standard Deviation

This fund

5.47%

Cat. avg.

7.46%

Lower the better

Sharpe Ratio

This fund

1.20

Cat. avg.

0.95

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.90

Higher the better

Fund Managers

Kapil Punjabi

Kapil Punjabi

Since May 2024

MC

Mahesh Chhabria

Since July 2023

Neelotpal Sahai

Neelotpal Sahai

Since November 2022

PA

Praveen Ayathan

Since October 2023

GB

Gautam Bhupal

Since October 2023

SG

Sonal Gupta

Since October 2023

HG

Hitesh Gondhia

Since October 2023

Additional Scheme Detailsas of 30th April 2024

ISININF917K01IN1Expense Ratio0.78%Exit Load1.00%Fund Size₹1,422 CrAge01 Jan 2013Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 Hybrid Comp Debt 50:50 TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1247.43 Cr27.0%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1247.43 Cr28.5%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1046.84 Cr61.0%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.2%1.0%₹1046.84 Cr58.5%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹2228.68 Cr20.5%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2228.68 Cr18.9%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹731.33 Cr28.9%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹731.33 Cr31.1%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.3%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1570.06 Cr20.6%

About the AMC

Total AUM

₹1,10,045 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
HSBC Consumption Fund Direct Growth

Very High Risk

0.8%1.0%₹1243.63 Cr-
HSBC Balanced Advantage Fund Direct Growth

High Risk

0.8%1.0%₹1421.95 Cr23.0%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹2410.04 Cr66.3%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.8%1.0%₹5367.33 Cr34.1%
HSBC Value Fund Direct Growth

Very High Risk

0.8%1.0%₹12067.47 Cr56.9%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

0.9%3.0%₹571.64 Cr7.2%
HSBC Banking & PSU Debt Direct Growth

Low to Moderate Risk

0.2%0.0%₹4634.35 Cr6.6%
HSBC Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹10342.47 Cr64.1%
HSBC ELSS Fund Direct Growth

Very High Risk

1.1%0.0%₹3888.63 Cr44.2%
HSBC Equity Savings Fund Direct Growth

Moderately High risk

0.6%0.0%₹274.96 Cr23.7%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹418.94 Cr7.7%
HSBC Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹3648.10 Cr6.8%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5985.83 Cr6.3%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹162.29 Cr7.1%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1157.74 Cr7.4%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹194.95 Cr6.9%
HSBC Medium Duration Direct Growth

Moderate Risk

0.4%0.0%₹801.50 Cr7.4%
HSBC Focused Fund Direct Growth

Very High Risk

0.9%1.0%₹1650.01 Cr38.2%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.3%1.0%₹833.40 Cr51.7%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1863.15 Cr6.8%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%0.0%₹106.85 Cr15.8%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹1759.39 Cr33.8%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

1.6%1.0%₹32.43 Cr15.6%
HSBC Brazil Fund Direct Growth

Very High Risk

1.9%1.0%₹39.19 Cr8.3%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.7%0.0%₹46.36 Cr6.4%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹18761.75 Cr7.3%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹4399.08 Cr44.0%
HSBC Tax Saver Equity Fund Direct Growth

Very High Risk

1.6%0.0%₹220.35 Cr42.0%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2100.02 Cr7.4%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹1882.30 Cr6.5%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹14619.42 Cr51.9%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

1.4%1.0%₹127.24 Cr12.4%
HSBC Managed Solutions India Conservative Direct Growth

Moderately High risk

0.5%1.0%₹27.38 Cr9.2%
HSBC Managed Solutions India Moderate Direct Growth

High Risk

0.9%1.0%₹57.34 Cr25.6%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

1.0%1.0%₹40.59 Cr30.4%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹226.76 Cr6.4%
HSBC Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹2110.87 Cr8.3%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%1.0%₹109.99 Cr64.5%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹246.41 Cr24.7%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2768.75 Cr49.8%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2976.09 Cr61.3%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.6%1.0%₹6.31 Cr18.0%

Risk Level

Your principal amount will be at High Risk

High Risk
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The NAV of HSBC Balanced Advantage Fund Direct Growth, as of 17-May-2024, is ₹44.91.
The fund has generated 22.95% over the last 1 year and 12.13% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 48.90% in equities, 27.67% in bonds, and 23.43% in cash and cash equivalents.
The fund managers responsible for HSBC Balanced Advantage Fund Direct Growth are:-
  1. Kapil Punjabi
  2. Mahesh Chhabria
  3. Neelotpal Sahai
  4. Praveen Ayathan
  5. Gautam Bhupal
  6. Sonal Gupta
  7. Hitesh Gondhia