HDFC Balance Advantage Fund -Direct Plan - Growth Option

HDFC Balance Advantage Fund -Direct Plan - Growth Option of HDFC Mutual Fund has asset class type as Multi-Cap. Oro Wealth rating for the fund is 3.

Basic Details

Riskometer

Moderately High

Expense Ratio (%)

1.07

Age

NA Years

Fund Manager

Prashant Jain

AuM (Rs Crores)

36892.3528

Asset Class

Multi-Cap

Net Asset Value:

193.187

Rating

3

Exit Load

0.01

Benchmark

NIFTY 50 Hybrid Composite Debt 65:35 Index

Fund Type

Multi Cap

SEBI Category

Dynamic Asset Allocation or Balanced Advantage

Turnover Ratio(Monthly)

14.79%

Fund Manager Details:

Prashant Jain B.Tech from IIT Kanpur, PGDM from IIM Bangalore, CFA - AIMR. Mr. Jain is a B. Tech. from IIT Kanpur, PGDM from IIM, Bangalore and CFA from AIMR, USA.Prior to joining HDFC AMC he has worked with Zurich AMC and SBI Mutual Fund.

Objective:

Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

Top Holdings:

  • Banks (23.65)
  • IT - Software (9.27)
  • Power Generation & Distribution (8.61)
  • Infrastructure Developers & Operators (7.18)
  • Refineries (4.14)
  • Pharmaceuticals (2.76)
  • Gas Distribution (2.67)
  • Steel (2.62)
  • Finance (2.3)
  • Mining & Mineral products (2.29)


  • Top 5 Sector Allocations of the Fund
    Top 5 Company Allocations of the Fund
    Debt Composition