NAV as on 31-03-2025
₹ 47.65
1D
Inception Returns
11.9%
/yr
HSBC Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sonal Gupta, Neelotpal Sahai, Praveen Ayathan. This fund gives you the benefit of diversification.
HSBC Balanced Advantage Fund Direct Growth has given a CAGR return of 11.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.51%, 12.08% and 14.63% respectively.
HSBC Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Corporate, Tech, Health, Consumer Cyclical, Consumer Defensive, Industrial, Utilities, Energy, 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 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).
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 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.
Expense ratio | 0.8% |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
AUM | ₹1432 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 |
as on (31-Mar-25)
as on (28-Feb-25)
Top 3 Sectors in February were Government, Corporate & Financial Services
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HSBC Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.46% | 3.46% |
6 Month Returns | -3.03% | -3.03% |
1 Year Returns | 8.51% | 8.51% |
3 Years Returns | 40.8% | 12.08% |
5 Years Returns | 97.95% | 14.63% |
AAA | 100 |