HDFC Balanced Advantage Fund - IDCW Plan

Dynamic Asset Allocation NAV 33.24 0 22 September, 2023

Fund Details

Category Dynamic Asset Allocation
Fund Type Open Ended
Investment Plan Dividend
Launch Date 01 February, 1994
Benchmark CRISIL Balance Fund
Asset Size(Cr) 54412.644570000004
Turn over 21.38%
Min Investment ₹ 100
Min SIP Investment ₹ 500
Min Addl Investment ₹ 100
Exit Load For units in excess of 15% of the investment,1% will be charged for redemption within 365 days
Expense Ratio 1.49
Fund Manager Anil Bamboli, Gopal Agrawal, Arun Agarwal, Srinivasan Ramamurthy, Priya Ranjan, Nirman Morakhia
Fund House HDFC Mutual Fund

Investment Returns (As on 22 Sep, 2023)

Duration Returns Benchmark Category
1 W 0.45% -1.21% -0.19%
1 M 3.97% 1.89% 1.92%
3 M 8.89% 8.2% 6.86%
6 M 13.77% 11.63% 9.24%
1 Y 21.32% 13.73% 11.04%
2 Y 19.63% 12.15% 7.71%
3 Y 27.46% 22.26% 12.79%
5 Y 13.61% 13% 8.84%

Risk Mesasures (As on 22 Sep, 2023)

Std Dev Sharpe Beta Alpha
Fund 14.81 0.68 3.93 1
Benchmark 0 0 0 0
Returns Compare with Others
  • 1Y
  • 3Y
  • 5Y

Portfolio (As on 29 Jun, 2023)

Assets Allocation

Sector Holdings
Others 6.87%

Return Calculator

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Disclaimer: Above returns are calculated on the basis of historical NAV movement for the selected period. However, historical performance does not guarantee future returns. Investors must take investment decisions based on his/her own requirements.

Peer Comparison

Fund Name 1 Yr Rtn. 3 Yr Rtn. 5 Yr Rtn.
HDFC Balanced Advantage Fund - IDCW Plan 21.32% 27.46% 13.61%

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HDFC Prudence Fund: Ensuring Dividend with Certainty

Launched in February 1994, HDFC Prudence Fund is an open-ended balanced fund from HDFC Mutual Fund. It is an equity-oriented plan which aims at appreciating the capital with primary investments in the equity stocks and shares. Investors can start investing in HDFC Prudence SIP plan to gain the benefits of both the worlds. Here we have tried to provide greater details of this scheme to help you know whether you should buy, sell or hold this fund in your portfolio.

HDFC Prudence Fund Dividend: Basic Details

The scheme holds a predominant position in the market with the primary objective of providing periodic returns and capital appreciation over a long-term time frame. It is a judicious mix of equity and debt instruments having the goal of preventing capital erosion due to market moves or other factors. The fund has a growth style of investing with a benchmark named CRISIL Balanced Fund. It is ranked ‘Third’ as per CRISIL rating for the quarter which ended in December 2016. This shows the market held position of the scheme.

The further details of the scheme which are of prime importance while selecting it include:

  1. Loads: The entry load for the scheme is NIL. On the flip side, in the case of exit load there are two conditions, viz., if you redeem up to 15% of the units after allotment there is no exit load even if the funds are redeemed within one year; but if you redeem more than the limit specified, 1% exit load is chargeable.
  2. Minimum Application Amount: For every new investor the minimum amount of lump sum purchase is Rs. 5000 and any amount thereafter. For the existing investors, the minimum amount is Rs. 1000. In the case of SIP purchase, the minimum investment amount is just Rs. 500.
  3. AUM and NAV: HDFC Prudence Fund NAV amounted to Rs. 447.710 as on March 21, 2017. The AUM, i.e., asset under management of the scheme amounts to Rs. 17,776 crore as on February 28, 2017.

HDFC Prudence Fund G: Performance Analysis

As of now, the scheme is a consistent performer and is expected to grow money in the future. Although past performance and returns do not signify and ensure future returns, they help in getting a rough idea of how a scheme will perform. The absolute annual returns of the scheme in the past have been appreciable and reached up to 51.6% in the year 2014.

Being a balanced fund, it is offering the dual benefits of capital growth and regular income. The annualised returns of the scheme for one-year investment are 27.80 percent. Moreover, the three- and five-year investment returns are 20.50 and 15.60 percent respectively. It is an outperformer in its category and tends to produce exceptional returns as against its peers and benchmark. Its market holding and three-star rating are evident that the scheme has the potential to grow money as per the expectations.

HDFC Prudence Growth Plan: Portfolio Review

With a huge asset size amounting to a Rs.17,776 crore, the scheme has made primary investments in the equity and equity-related securities. Around 75 percent of the total assets has been parked in equities while the remaining 25 percent has been invested in the debt instruments. It has total ninety-six stock investments which tend to ensure high worth and capital appreciation.

The sector allocation graph of HDFC Prudence Fund depicts that the majority of the funds are invested in the financial, technology, energy, diversified, automobile, and engineering industries. These sectors tend to offer great opportunities for growth as they are performing well in the market. The top holdings of the scheme include State Bank of India, Larsen & Toubro, ICICI Bank, Infosys, Tata Steel, and Reliance Industries.

Accordingly, it can be concluded here that the fund has the potential to enshrine the financial health of the investors over a period of time. It is a balanced fund, and thus it will help one in gaining both financial stability and capital growth to secure the present as well as future financial life.

If you are among those who wish to make the best investment and prevent your invested capital to grow rich while making current financial status stable, then HDFC Prudence Growth Fund is the right choice for you. You must take free consultancy from our fund advisors and experts to gain further understanding as to how it is the best scheme for you and how can you invest in it. They will help you in making a worthy portfolio without compromising on the risk factors.

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