3 Year return

24.29%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹83548.61 Cr.

Expense Ratio

0.73% (inclusive of GST)

Exit Load

1.00% - If Units are redeemed / switched-out within 1 years from the date of allotment. Nil - If Units are redeemed / switched-out after 1 years from the date of allotment.

Ratings

ARQ Rating
4

Ratings by other agencies

3
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

HDFC Mutual Fund Managers

PJ

Prashant Jain

Fund Manager since Jan 2002

Fund House Details

HDFC Mutual Fund

HDFC Mutual Fund Asset management company

AUM ₹617,677.76 Cr.
No. of Schemes 167
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout

The HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout is a balanced fund managed by HDFC Mutual Fund. This fund invests in a mix of equity and debt instruments. It is an open-ended fund, which means that you can buy and sell units of the fund at any time. The expense ratio of the HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout is lower than the category average. This means that you will pay less in fees for investing in this fund.

Investment Objectives of the Scheme

The fund's investment objective is to generate returns higher than the returns from a typical debt fund in a falling market and higher than the returns from a typical equity fund in a rising market.

Key Features of The Fund

5-year return 18.83%
Expense Ratio 0.73%
Fund Manager Prashant Jain
Fund Size ₹83548.61 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund is suitable for investors looking for a balanced approach to investing and who want to participate in the growth of the equity markets without taking on too much risk. The fund is also suitable for investors who want to generate regular income from their investments. This fund is for investors who have a long-term investment horizon. The fund's performance may be volatile in the short term, but it is expected to generate good returns over the long term. It is important to remember that all investments carry some risk, and investors may lose money.

AMC Contact Details

Name HDFC Mutual Fund
Launch Date July 2000
Addresss "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
Contact 1800 3010 67671800 419 7676
Email hello@hdfcfund.com
Website https://www.hdfcfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Make Use of SIPs for Harnessing the Power of Compounding

To take advantage of compound interest, a lot of investors select Systematic Investment Plans (SIPs) for their mutual fund investments. By establishing a fixed amount of money to be invested every month, averaging the cost per unit over time, and mitigating the effects of market volatility, SIPs enable disciplined investing. Try the free mutual fund SIP calculator from Angel One to plan your investment and get an idea of possible returns.

FAQs

What is today's NAV of HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout May 24 2024 is 45.623

What is the AUM of HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout is 83548.61 crore.

What is the expense ratio of HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout is 0.73%

What are the returns of HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout since inception?

The HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout was launched on Jan 01 2013. The fund has delivered a CAGR of 15.59 since inception.

What is the minimum SIP amount to invest in HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout is 100.

How do I invest in HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.