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Fund Overview

Fund Size

Fund Size

₹1,504 Cr

Expense Ratio

Expense Ratio

0.76%

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, 11 months and 12 days, having been launched on 01-Jan-13.
As of 12-Dec-24, it has a Net Asset Value (NAV) of ₹50.16, Assets Under Management (AUM) of 1503.94 Crores, and an expense ratio of 0.76%.
  • HSBC Balanced Advantage Fund Direct Growth has given a CAGR return of 12.70% since inception.
  • The fund's asset allocation comprises around 67.74% in equities, 29.74% in debts, and 2.52% 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

+21.41%

+18.13% (Cat Avg.)

3 Years

+13.59%

+12.63% (Cat Avg.)

5 Years

+13.21%

+13.67% (Cat Avg.)

10 Years

+10.09%

+10.05% (Cat Avg.)

Since Inception

+12.70%

(Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity1,018.8 Cr67.74%
Debt447.29 Cr29.74%
Others37.85 Cr2.52%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity85.6 Cr5.62%
7.18% Govt Stock 2033Bond - Gov't/Treasury57.47 Cr3.77%
7.06% Govt Stock 2028Bond - Gov't/Treasury48.96 Cr3.21%
Polycab India LtdEquity47.16 Cr3.10%
Aurobindo Pharma LtdEquity43.61 Cr2.86%
Tata Power Co LtdEquity42.38 Cr2.78%
7.37% Govt Stock 2028Bond - Gov't/Treasury41.2 Cr2.70%
Axis Bank LtdEquity36.86 Cr2.42%
HDFC Bank LtdEquity35.92 Cr2.36%
Dixon Technologies (India) LtdEquity35.01 Cr2.30%
Reliance Industries LtdEquity32.31 Cr2.12%
DLF LtdEquity29.47 Cr1.93%
TrepsCash - Repurchase Agreement28.21 Cr1.85%
Infosys LtdEquity27.87 Cr1.83%
Multi Commodity Exchange of India LtdEquity27.83 Cr1.83%
India Universal Trust Al1Bond - Gov't/Treasury27.11 Cr1.78%
Kotak Mahindra Prime LimitedBond - Corporate Bond26.86 Cr1.76%
Small Industries Development Bank Of IndiaBond - Corporate Bond26.84 Cr1.76%
Bajaj Finance LimitedBond - Corporate Bond26.55 Cr1.74%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond26.52 Cr1.74%
LIC Housing Finance LimitedBond - Corporate Bond26.51 Cr1.74%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond26.18 Cr1.72%
Larsen & Toubro LtdEquity26.07 Cr1.71%
National Housing BankBond - Corporate Bond26.07 Cr1.71%
Power Finance Corporation LimitedBond - Corporate Bond25.68 Cr1.69%
PB Fintech LtdEquity23.67 Cr1.55%
Sun Pharmaceuticals Industries LtdEquity22.26 Cr1.46%
Manappuram Finance LtdEquity21.14 Cr1.39%
7.1% Govt Stock 2034Bond - Gov't/Treasury20.64 Cr1.36%
Kotak Mahindra Bank LtdEquity19.14 Cr1.26%
Shriram Finance LtdEquity18.12 Cr1.19%
PNB Housing Finance LtdEquity17.83 Cr1.17%
Paradeep Phosphates LtdEquity17.77 Cr1.17%
GE Vernova T&D India LtdEquity17.56 Cr1.15%
Safari Industries (India) LtdEquity16.8 Cr1.10%
Neuland Laboratories LimitedEquity16.71 Cr1.10%
Bajaj Finance LimitedBond - Corporate Bond16.21 Cr1.06%
Jubilant Foodworks LtdEquity16.11 Cr1.06%
Time Technoplast LtdEquity15.73 Cr1.03%
Varun Beverages LtdEquity15.53 Cr1.02%
Prudent Corporate Advisory Services LtdEquity15.22 Cr1.00%
Oberoi Realty LtdEquity15.06 Cr0.99%
The Federal Bank LtdEquity14.75 Cr0.97%
Max Healthcare Institute Ltd Ordinary SharesEquity14.7 Cr0.96%
Kotak Mahindra Prime LimitedBond - Corporate Bond14.59 Cr0.96%
Kalyan Jewellers India LtdEquity14.49 Cr0.95%
Zensar Technologies LtdEquity14.42 Cr0.95%
Axis Bank Limited**Cash14.09 Cr0.92%
Zomato LtdEquity13.99 Cr0.92%
HCL Technologies LtdEquity13.86 Cr0.91%
Phoenix Mills LtdEquity13.25 Cr0.87%
Suven Pharmaceuticals LtdEquity13.06 Cr0.86%
Amara Raja Energy & Mobility LtdEquity12.81 Cr0.84%
Aditya Birla Real Estate LtdEquity12.39 Cr0.81%
Sonata Software LtdEquity11.89 Cr0.78%
Aditya Vision LtdEquity11.89 Cr0.78%
Maruti Suzuki India LtdEquity11.79 Cr0.77%
Firstsource Solutions LtdEquity11 Cr0.72%
NTPC LtdEquity10.91 Cr0.72%
United Spirits LtdEquity10.7 Cr0.70%
7.38% Govt Stock 2027Bond - Gov't/Treasury10.49 Cr0.69%
Lupin LtdEquity10.25 Cr0.67%
Abbott India LtdEquity9.7 Cr0.64%
Vinati Organics LtdEquity9.33 Cr0.61%
IIFL Capital Services Ltd Ordinary SharesEquity8.16 Cr0.54%
Lemon Tree Hotels LtdEquity7.84 Cr0.51%
Bajaj Finance LtdEquity7.32 Cr0.48%
Bharat Electronics LtdEquity7.02 Cr0.46%
Bharat Bijlee LtdEquity5.81 Cr0.38%
Power Mech Projects LtdEquity5.67 Cr0.37%
Kirloskar Oil Engines LtdEquity5.61 Cr0.37%
7.32% Govt Stock 2030Bond - Gov't/Treasury5.15 Cr0.34%
PNC Infratech LtdEquity4.44 Cr0.29%
Net Current Assets (Including Cash & Bank Balances)Cash-3.96 Cr0.26%
Hindalco Industries LtdEquity2.66 Cr0.17%
Godrej Consumer Products LtdEquity2.49 Cr0.16%
Titan Co LtdEquity0.91 Cr0.06%

Allocation By Market Cap (Equity)

Large Cap Stocks

31.06%

Mid Cap Stocks

16.92%

Small Cap Stocks

18.66%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services331.57 Cr21.77%
Industrials132.16 Cr8.68%
Technology114.06 Cr7.49%
Healthcare113.58 Cr7.46%
Consumer Cyclical109.55 Cr7.19%
Real Estate57.77 Cr3.79%
Utilities53.29 Cr3.50%
Basic Materials42.15 Cr2.77%
Energy32.31 Cr2.12%
Consumer Defensive28.72 Cr1.89%

Risk & Performance Ratios

Standard Deviation

This fund

6.14%

Cat. avg.

7.73%

Lower the better

Sharpe Ratio

This fund

1.06

Cat. avg.

0.81

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.50

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 31st October 2024

ISIN
INF917K01IN1
Expense Ratio
0.76%
Exit Load
1.00%
Fund Size
₹1,504 Cr
Age
11 years 11 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1238.19 Cr13.6%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1238.19 Cr15.1%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1349.99 Cr30.6%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.1%1.0%₹1349.99 Cr28.6%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹2268.45 Cr19.8%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

2.0%1.0%₹2268.45 Cr18.3%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹904.25 Cr19.2%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹904.25 Cr21.3%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1742.15 Cr16.9%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1742.15 Cr15.3%

About the AMC

HSBC Mutual Fund

HSBC Mutual Fund

Total AUM

₹1,26,476 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

0.7%1.0%₹1561.96 Cr40.3%
HSBC Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹1503.94 Cr21.4%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹2611.16 Cr41.9%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.8%1.0%₹5631.02 Cr31.3%
HSBC Value Fund Direct Growth

Very High Risk

0.8%1.0%₹13603.00 Cr35.7%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

0.9%3.0%₹580.16 Cr8.2%
HSBC Banking & PSU Debt Direct Growth

Low to Moderate Risk

0.2%0.0%₹4491.24 Cr7.9%
HSBC Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹11767.99 Cr48.1%
HSBC ELSS Fund Direct Growth

Very High Risk

1.1%0.0%₹4253.10 Cr43.9%
HSBC Equity Savings Fund Direct Growth

Moderately High risk

0.6%0.0%₹548.49 Cr26.4%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹420.18 Cr8.0%
HSBC Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹3785.73 Cr8.5%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹6534.72 Cr8.9%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹158.88 Cr10.3%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2267.64 Cr7.8%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹228.54 Cr10.6%
HSBC Medium Duration Direct Growth

Moderate Risk

0.4%0.0%₹842.70 Cr9.3%
HSBC Focused Fund Direct Growth

Very High Risk

0.9%1.0%₹1773.83 Cr32.0%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.1%1.0%₹995.40 Cr46.2%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹2512.15 Cr6.7%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%0.0%₹136.77 Cr18.7%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹1928.20 Cr28.8%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

1.6%1.0%₹36.14 Cr18.2%
HSBC Brazil Fund Direct Growth

Very High Risk

1.9%1.0%₹41.35 Cr-16.9%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.7%0.0%₹49.86 Cr9.8%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹22373.07 Cr7.5%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹4942.70 Cr39.0%
HSBC Tax Saver Equity Fund Direct Growth

Very High Risk

1.6%0.0%₹258.12 Cr41.9%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹3200.01 Cr7.7%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1883.78 Cr9.1%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹16919.61 Cr36.0%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

1.4%1.0%₹74.20 Cr13.5%
HSBC Managed Solutions India Conservative Direct Growth

Moderately High risk

0.5%1.0%₹22.74 Cr11.1%
HSBC Managed Solutions India Moderate Direct Growth

High Risk

0.9%1.0%₹59.03 Cr22.5%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

1.0%1.0%₹41.88 Cr25.7%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹194.11 Cr8.5%
HSBC Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹2441.28 Cr8.1%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%1.0%₹130.33 Cr43.8%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹288.37 Cr18.4%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹3608.53 Cr47.6%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹4164.61 Cr39.2%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.7%1.0%₹7.84 Cr23.2%

Risk Level

Your principal amount will be at Moderately High risk

Moderately High risk
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The NAV of HSBC Balanced Advantage Fund Direct Growth, as of 12-Dec-2024, is ₹50.16.
The fund has generated 21.41% over the last 1 year and 13.59% 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 67.74% in equities, 29.74% in bonds, and 2.52% 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