HSBC Balanced Advantage Fund Direct Growth
NAV as on 23-04-2025
₹ 48.85
▲0.1%
1D
Inception Returns
12.1%
/yr
Historical NAV & Returns
About HSBC Balanced Advantage Fund Direct Growth
HSBC Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Praveen Ayathan, Neelotpal Sahai, Sonal Gupta. This fund gives you the benefit of diversification.
Key Parameters
- HSBC Balanced Advantage Fund Direct Growth has ₹1471 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
HSBC Balanced Advantage Fund Direct Growth has given a CAGR return of 12.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.20%, 12.68% and 13.63% respectively.
Holdings
HSBC Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Corporate, Tech, Health, Consumer Cyclical, Consumer Defensive, Utilities, Industrial, Basic Materials, Energy, Real Estate.
Taxation
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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of HSBC Balanced Advantage Fund Direct Growth
To seek long term capital growth and income through investments in equity and equity related securities and fixed income instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Balanced Advantage Fund Direct Growth has no lock in period.
HSBC Balanced Advantage Fund Direct Growth Overview
| Expense ratio | 0.79% |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
| AUM | ₹1471 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 75.79% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Moderately High risk |
INDmoney Rank for HSBC Balanced Advantage Fund Direct Growth
Trailing Returns
as on (23-Apr-25)
Fund Distribution
as on (31-Mar-25)
- AUM of the fund stands at 1.5K Cr as of Mar'25
- AUM increased by 38.1 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Government, Corporate & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.61% | 0% | |
 HDFC Bank Ltd | 5.17% | 18.9% | |
 Axis Bank Ltd | 3.96% | -6.8% | |
 Infosys Ltd | 3.52% | 0% | |
 Aurobindo Pharma Ltd | 2.8% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
HSBC Balanced Advantage Fund Direct Growth | 10.2% | 12.68% | 13.63% | 12.06% |
 Axis Balanced Advantage Fund Direct Growth | 15.49% | 15.59% | 15.76% | 11.31% |
 Kotak Balanced Advantage Fund Direct Growth | 12.61% | 13.11% | 16.64% | 12.16% |
 ICICI Prudential Balanced Advantage Fund Direct Plan Growth | 11.55% | 13.64% | 17.86% | 13.24% |
Mutual Fund Insights
HSBC Balanced Advantage Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹1471 Cr
Expense Ratio 0.79%
More funds from HSBC
5Y CAGR
▲ 21.19
5Y CAGR
▲ 18.48
5Y CAGR
▲ 18.76
5Y CAGR
▲ 15.65
5Y CAGR
▲ 11.20
Frequently Asked Questions for HSBC Balanced Advantage Fund Direct Growth
HSBC Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.01% | 3.01% |
6 Month Returns | 0.79% | 0.79% |
1 Year Returns | 10.2% | 10.2% |
3 Years Returns | 43.08% | 12.68% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |