HDFC Balanced Advantage Fund Payout Inc Dist cum Cap Wdrl Opt Direct Growth

HDFC Balanced Advantage Fund Payout Inc Dist cum Cap Wdrl Opt Direct Growth is a hybrid fund. This fund was started on 1 June, 2018. The fund is managed by Srinivasan Ramamurthy, Gopal Agrawal, Anil Bamboli. This fund gives you the benefit of diversification.

1. HDFC Balanced Advantage Fund Payout Inc Dist cum Cap Wdrl Opt Direct Growth has ₹95570 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
2. The fund has an expense ratio 0.7.
   

HDFC Balanced Advantage Fund Payout Inc Dist cum Cap Wdrl Opt Direct Growth has given a CAGR return of 9.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.68%, 23.74% and 20.97% respectively.

HDFC Balanced Advantage Fund Payout Inc Dist cum Cap Wdrl Opt Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Corporate, Industrial, Energy, Consumer Cyclical, Tech, Utilities, Health, Consumer Defensive, Communication, Basic Materials, Real Estate.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Balanced Advantage Fund Payout Inc Dist cum Cap Wdrl Opt Direct Growth has no lock in period.