<p>SBI Balanced Advantage Mutual Fund :&nbsp;</p><p>&nbsp;</p>

The asset allocation between equity and debt will be decided by the Fund Manager using various parameters such as sentiment indicator, valuations and earning drivers.

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SBI Balanced Advantage Fund 2023 | SBI Balanced Advantage Fund Regular Plan

Vidhi Tuteja

<h2>About HDFC Balanced Advantage Fund&nbsp;</h2><p>It is an open-ended balanced advantage fund that aims for long-term capital appreciation by investing in a mix of debt and equity investments. Thus, it offers the stability of debt instruments with the high returns potential of equity investments. The fund manager decides the asset allocation between different options as per the prevailing economic and market conditions.&nbsp;</p><figure class="image"><img src="https://lh4.googleusercontent.com/c8NOP3nLy8S-W7FdRmgB5EI4qPIiI9hHmH-kZMW05S5VLfLCODMJbVcD6OPXU2QbIIQs_h1zLXyh4-fUWWoZkQqcapVRfTr0J0j1ZlN1IH6WNjstGGy5f41mJ068cwIcddtUTLckIEaYUttGKlwz17YHe9h2dT1Hik2qZFxs-AV7IM0Jb57xnBUELXK_" alt="HDFC Balanced Advantage Fund"></figure><h3>Fund Manager&nbsp;</h3><p>The fund has been managed by Mr. Srinivasan Ramamurthy and Mr. Gopal Agrawal since 29th July 2022. Both of them have over 15 years of experience in equity research and fund management.&nbsp;</p><p>Other Funds by HDFC Mutual Fund</p><p>HDFC Small Cap Fund – Growth Option</p><p>HDFC Retirement Savings Fund – Equity Plan – Growth Option</p><p>HDFC Large and Mid Cap Fund – Growth Option</p><p>HDFC Mid-Cap Opportunities Fund – Growth Plan&nbsp;</p><p>HDFC Flexi Cap Fund – Growth Plan</p><p>HDFC Focused 30 Fund – Growth Plan</p><p>HDFC Multi-Asset Fund – Growth Option</p><h3>Investment Objective</h3><p>The investment objective of the scheme is to provide income/long-term capital appreciation to the investors by dynamically allocating its assets in a mix of equity &amp; debt securities as per the market conditions.&nbsp;</p><h3>Benchmark</h3><p>The Benchmark of the scheme is NIFTY 50 Hybrid Composite Debt 65:35 TRI.&nbsp;</p><h3>Investment Details</h3><figure class="table"><table><tbody><tr><td><strong>Particulars</strong></td><td><strong>Minimum Amount</strong></td></tr><tr><td>Minimum Application Amount</td><td>Rs.5,000 &amp; any amount thereafter</td></tr><tr><td>Minimum Additional Investment</td><td>Rs.1,000 &amp; any amount thereafter</td></tr></tbody></table></figure><h2>SIP Details</h2><figure class="table"><table><tbody><tr><td><strong>Type</strong></td><td><strong>Minimum Amount</strong></td><td><strong>Minimum Installments</strong></td></tr><tr><td>Daily</td><td>Rs.300 &amp; in multiples of Rs.1 thereafter</td><td>-</td></tr><tr><td>Weekly</td><td>Rs.1,000 &amp; in multiples of Rs.1 thereafter</td><td>6</td></tr><tr><td>Monthly (Less than Rs.1,000)</td><td rowspan="2">Rs.500 &amp; in multiples of Rs.1 thereafter</td><td>12</td></tr><tr><td>Monthly (Equal to or greater than Rs.1,000)</td><td>6</td></tr><tr><td>Quarterly (Less than Rs.3,000)</td><td rowspan="2">Rs.1,500 &amp; in multiples of Rs.1 thereafter</td><td>4</td></tr><tr><td>Quarterly (Equal to or greater than Rs.3,000)</td><td>2</td></tr></tbody></table></figure><h3>Loads</h3><p><strong>Entry Load:</strong> Nil</p><p><strong>Exit Load:</strong></p><p>If up to 15% of the units are redeemed or switched out within 1 year- Nil</p><p>If units in excess of 15% are redeemed or switched out within 1 year- 1%</p><p>If units are redeemed or switched out after 1 year- Nil</p><h3>Suitability</h3><p>HDFC Balanced Advantage Fund is suitable for investors with a moderately high-risk appetite &amp; looking to invest for a period of 5 years &amp; above.&nbsp;</p><h3>Taxation:</h3><p>As the fund will have a major allocation in equity securities, HDFC Balanced Advantage Fund has the taxability of an equity-oriented mutual fund scheme. Following taxation is applicable:</p><ul><li>If the units are sold after 1 year, then the gains on investments are treated as Long Term Capital Gains (LTCG). LTCG of up to Rs 1 lacs in a financial year is tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.</li><li>If the units are sold within 1 year, then the gains are treated as Short Term Capital Gains (STCG) and are taxed at the rate of 15%.</li></ul><h2>HDFC Balanced Advantage Fund’s Asset Allocation</h2><p>Under normal conditions, the pattern of asset allocation is as follows:</p><figure class="table"><table><tbody><tr><td><strong>Assets</strong></td><td><strong>Minimum indicative allocation (% of total assets)</strong></td><td><strong>Maximum indicative allocation (% of total assets)</strong></td><td><strong>Risk Profile</strong></td></tr><tr><td>Equity &amp; Equity related securities&nbsp;</td><td>65</td><td>100</td><td>High&nbsp;</td></tr><tr><td>Debt &amp; money market instruments</td><td>0</td><td>35</td><td>Low to Moderate</td></tr><tr><td>Units issued by REITs &amp; InvITs</td><td>0</td><td>10</td><td>Moderate to High&nbsp;</td></tr><tr><td>Non-convertible preference shares</td><td>0</td><td>10</td><td>Low to Moderate</td></tr></tbody></table></figure><h2>Who should invest ?</h2><p>Balanced Advantage Funds also known as Dynamic Asset Allocation Funds are those hybrid mutual funds (equity-oriented) which have the flexibility to make dynamic allocations in equity &amp; debt securities depending upon the market &amp; economic conditions. The fund manager may even go on allocating all its assets in equities if he finds investments in equity markets favourable. Also, allocations to debt securities could be higher if equity seems to be volatile. The scheme aims to build a diversified equity portfolio of stocks across sectors &amp; market capitalizations.</p><p>Investments in HDFC Balanced Advantage Fund can be made by investors who want to invest in funds with lower volatility than pure equity funds. The flexibility to dynamically move between equities &amp; debt securities is expected to generate higher than pure debt funds' returns.&nbsp;</p><p>Investors looking to invest in hybrid funds with a diversified portfolio &amp; more stability than pure equity funds could consider investments in this fund. The fund can be a good investment for a moderate investor's portfolio.</p><p><strong>Also Read:</strong> <a href="https://zfunds.in/m/become-mutual-fund-advisor">Steps to Become Mutual Fund Advisor</a></p><h3>Eligibility&nbsp;</h3><p>The following people are eligible for investing in this scheme:</p><ul><li>Indian Resident Adults (single holder or on a joint basis)</li><li>Hindu Undivided Family</li><li>Partnership entities</li><li>Limited Liability Partnership units</li><li>Minor through parent or a legal guardian</li><li>Sole Proprietor</li><li>Corporates, PSUs &amp; others.</li><li>NRIs/POIs/OCIs</li><li>Banks &amp; Financial Institutions</li><li>Religious &amp; Charitable Trusts</li><li>Defense &amp; paramilitary units</li><li>Foreign Portfolio Investors</li><li>Pension/Provident/Gratuity Funds</li><li>Trustee, AMCs or Sponsors</li><li>Other schemes of HDFC or other mutual funds</li><li>Alternative Investment Funds</li><li>Others</li></ul><h2>How to invest?</h2><p>You can invest in HDFC Balanced Advantage Fund through any AMFI distributor, AMC, banks, or third party platforms. If you need any help with your investments, you can reach out to our ZFunds Experts on Whatsapp - 7217746224.</p><h4>Frequently Asked Questions about HDFC Balanced Advantage Fund</h4><p>Q. Is there any lock-in period for HDFC Balanced Advantage Fund ?&nbsp;</p><p>A. No, there is no lock-in period for investments in HDFC Balanced Advantage Fund. However, there is an exit load. In case you redeem or switch out of more than 15 percent of your investment in HDFC Balanced Advantage Fund within one year of allocation of mutual fund units, then an exit load of 1 percent shall be applicable.&nbsp;</p><p>Q. What are the minimum investment requirements for HDFC Balanced Advantage Fund?&nbsp;</p><p>A. You can initially invest a minimum of INR 5000 as a lump sum, and any additional amount of minimum INR 1000 in your subsequent lump sum investments in HDFC Balanced Advantage Fund. In addition to that, you can also start an SIP or systematic investment plan with INR 500 per month with any additional amount in the multiples of 1.&nbsp;</p><p>Q. What is the expense ratio for HDFC Balanced Advantage Fund?&nbsp;</p><p>A. The expense ratio – the fee charged by the mutual fund company towards the maintenance of mutual funds schemes – for HDFC Balanced Advantage Fund is 1.54 percent as on 24th September 2022. Moreover, the net asset value or NAV currently stands at INR 307.4.&nbsp;</p><p><strong>More HDFC Mutual Funds:</strong></p><p><a href="https://zfunds.in/mutual-funds/hdfc-small-cap-fund-regular-growth-plan">HDFC Small Cap Fund</a><br><a href="https://zfunds.in/mutual-funds/hdfc-equity-fund-growth-option">HDFC Equity Fund Growth Option</a><br><a href="https://zfunds.in/mutual-funds/hdfc-top-100-fund-growth-option">HDFC Top 100 Fund - Growth Option</a><br><a href="https://zfunds.in/mutual-funds/hdfc-hybrid-equity-fund-growth">HDFC Hybrid Equity Fund</a><br><a href="https://zfunds.in/mutual-funds/hdfc-mid-cap-opportunities-fund-growth-option">HDFC Mid-Cap Opportunities Fund</a><br><a href="https://zfunds.in/mutual-funds/hdfc-liquid-fund-growth">HDFC Liquid Fund Growth</a><br><a href="https://zfunds.in/mutual-funds/hdfc-short-term-debt-fund-growth-option">HDFC Short Term Debt Fund</a><br><a href="https://zfunds.in/mutual-funds/hdfc-taxsaver-growth-plan">HDFC TaxSaver Growth Plan</a><br><a href="https://zfunds.in/mutual-funds/hdfc-low-duration-fund-retail-growth">HDFC Low Duration Fund</a><br><a href="https://zfunds.in/mutual-funds/hdfc-ultra-short-term-fund-growth-option">HDFC Ultra Short Term Fund</a><br>&nbsp;</p>

HDFC Balanced Advantage Fund (Regular and Direct) Growth is a hybrid mutual fund scheme from HDFC fund. Zfunds provides an overview, including returns, latest NAV, ratings etc.

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HDFC Balanced Advantage Fund Regular Plan NAV with Dividend

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<p>Balanced Advantage mutual funds are those hybrid funds that invest their assets in a combination of equity and debt. Fund managers can decide the allocation between the equity securities and debt instruments as per the best suitable and favorable opportunity. In this video, we have discussed our top recommended balanced advantage Mutual Funds.&nbsp;</p>

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<h2>About ICICI Prudential AMC Ltd.</h2><p>ICICI Prudential Asset Management Company Limited is a joint venture between ICICI Bank, India’s Leading Private Sector Bank and Prudential plc of the UK, one of the largest financial services providers. Established in 1998, ICICI Prudential AMC Ltd. is the 3rd largest AMC in India with over Rs.350,000 crores of Assets under management, offering a variety of Mutual Fund schemes in different asset classes for the investors.</p><p>&nbsp;</p><h3>Investment Objective:</h3><p>ICICI Prudential Balanced Advantage Fund is an open-ended dynamic asset allocation fund with the <a href="https://zfunds.in/article/sovereign-gold-bond-scheme">investment </a>objective to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities, and pure equity investments.</p><p>&nbsp;</p><h3>Suitability:</h3><p>ICICI Prudential Balanced Advantage Fund is suitable for investors with moderate to high-risk appetite looking to invest for over a period of 5 years &amp; above.</p><p>&nbsp;</p><h3>Taxation:</h3><p>As the major portion is invested in Equities, Balanced Advantage funds have the same tax treatment as that of Equity <a href="https://zfunds.in/mutual-funds?lang=en">Mutual Funds</a>. Following taxation is applicable:</p><p>&nbsp;</p><ul><li>If the units are held for more than 1 year, then the gains are treated as Long Term Capital Gains(LTCG). LTCG of up to Rs 1 lacs in a financial year are tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.</li><li>If the units are held for less than 1 year, then the gains are treated as Short Term Capital Gains(STCG) and are taxed at the rate of 15%.</li></ul><p>&nbsp;</p><h3>What are Balanced Advantage Funds?</h3><p>Balanced Advantage Funds or Dynamic asset allocation funds are the open-ended schemes that invest their corpus dynamically in pure Equity, Equity arbitrage opportunities and Debt securities. These funds invest at least 65% of the corpus in equity securities, arbitrage opportunities &amp; equity derivatives and the balance in debt.</p><p>&nbsp;</p><h3>Why should you Invest in Balanced Advantage Funds?</h3><p>Balanced Advantage Funds have the advantage of dynamically allocating their investments among assets as per the market conditions. At the times of expected favorable returns from <a href="https://zfunds.in/article/Cost-of-investing-in-Equities-vs-Equity-Mutual-Funds">Equity</a>, these funds can go allocating up to 80% of their pool into unhedged(long exposures to equities without corresponding derivatives exposures) equity and equity-related securities.</p><p>The fund aims at reducing the volatility created by Equity in the portfolio through managing investments in arbitrage &amp; debt according to the requirements. So, they are less volatile compared to the pure <a href="https://zfunds.in/article/top-large-cap-equity-funds-2020">equity funds</a> and provides higher returns than debt funds.</p><p>One should invest in these funds to gain long term capital appreciation along with getting the advantage of market volatility and better returns than debt funds.</p><p>&nbsp;</p><p>&nbsp;</p><h3>Benchmark</h3><p>The Benchmark for the Scheme is CRISIL Hybrid 50+50 – Moderate Index.</p><p>ICICI Prudential Balanced Advantage Fund NAV</p><p>The NAV or Net Asset Value is simply the Mutual Fund’s per unit Market Value, the rate at which investors can buy/sell the units in the market. It is calculated by dividing the total market values of the securities in the portfolio by the total number of units.</p><p>NAV of the mutual fund varies on a daily basis from the change in the market prices of the securities held in the portfolio. As per SEBI Guidelines, the NAVs of the scheme are updated by 11.00 pm every business day by the AMCs on their websites and AMFI’s Website.</p><p>&nbsp;</p><p>The investors can also check the updated NAVs of the scheme on the <a href="https://zfunds.in/">ZFunds.in</a>. They can also check the Latest NAV on <a href="https://zfunds.in/mutual-funds/ICICI-Prudential-Bluechip-Fund---Growth">ICICI Prudential Mutual Fund</a>’s website and on the website of Association of <a href="https://zfunds.in/article/how-to-select-the-best-mutual-fund-">Mutual Funds of India</a>.</p><p>&nbsp;</p><h4>ICICI Prudential Balanced Advantage Fund’s Asset Allocation</h4><p>Under normal conditions, the fund will be investing 65%-100% in equity &amp; equity derivatives and around 0-35% in debt securities.</p><p>The fund manager may diverge from the stated asset allocation pattern depending upon the market conditions, opportunities &amp; economic factors as per his discretion in the favorable interests of the unit holders.</p><p>&nbsp;</p><h4>ICICI Prudential Balanced Advantage Fund’s Investment Restrictions</h4><p>The Scheme cannot invest more than 10% of its assets in debt securities including money market instruments and non-money market instruments issued by a single issuer. Such investment limit may be extended to 12% by the prior approval of the Board of Trustees and the Board of directors of the asset management company.</p><ul><li>The <a href="https://zfunds.in/article/8-myths-about-investing-in-mutual-funds">mutual fund scheme</a> cannot invest more than 5% of its assets in unrated debt instruments.</li><li>The Scheme can make investments in the other schemes of the same AMC or the schemes of other AMCs, but such investments should be limited up to 5% of the total assets of the fund without charging any management fees.</li><li>The mutual fund Scheme cannot make investments in any unlisted securities of an associate or group company of the sponsor.</li><li>The scheme cannot invest in any Fund of funds schemes.</li><li>The Fund cannot own more than 10% of any company’s paid up capital carrying voting rights.</li><li>The Fund can only borrow for meeting temporary liquidity needs and is allowed to borrow not more than 20% of its assets for a maximum period of 6 months.</li><li>The Scheme cannot pass loans against the units to the investors.</li></ul><p>&nbsp;</p><p>For more details regarding the Investment Restrictions, you can read the Scheme Information Document available at ICICI Prudential Mutual Fund’s Website.</p><p>&nbsp;</p><h3>Risk Factors</h3><p>&nbsp;</p><p><strong>Risk Factors associated with Equity Exposures</strong></p><p>● The investment decisions taken by the Fund Manager &amp; AMC might not be profitable every time due to several issues.</p><p>● The NAV of the fund or the value of the investment can be affected by several market or security related factors including price and volume volatility in the capital markets, interest rate changes,currency exchange rates, changes in the Government policies or any other economic factors.</p><p>● The Mutual Fund may not be able to sell / lend out securities, which can lead to temporary illiquidity. Security lending may sometimes lead to losses as in the case of the other parties failing to meet the terms &amp; returning the securities.</p><p>● There is no assurance that the fund may continue paying dividends in the future as the underlying holding companies may not declare or declare less dividends.</p><p>● Securities not listed on exchanges are risky compared to ones listed, as they are illiquid in nature and hence exposed to high liquidity risk. The Fund may make investments in these securities in limits as per the regulations.</p><p>● Listed Securities have lower liquidity risks however there are limits in selling these securities as imposed by the Exchanges.</p><p>● Changes in taxation rules &amp; government policies can have an impact on the returns for the investors as well as business related returns.</p><p>● The Fund manager endeavors to generate returns based on historical trends, however there is no assurance on whether these historical trends will continue or not.</p><p>&nbsp;</p><p><strong>Risk Factors associated with Debt Exposures</strong></p><p>The main risk factors associated with the Debt Mutual fund schemes are as follows:</p><p><strong>• Interest Rate Risk</strong>: Interest Rate risk is the risk associated with the changes in Interest rates in the economy. A rise in the interest rates in an economy will result in a fall in the NAVs of the scheme and the same otherwise.</p><p><strong>• Credit Risk</strong>: Credit Risk refers to the risk associated with the Borrower’s failure to meet the principal and/or interest payments. All debt instruments carry this risk. Generally, government securities have very little credit risk as compared to the other debt securities including corporate bonds.</p><p><strong>• Price Risk:</strong> As long as the Scheme remains invested, its Net Asset Value (NAV) would be exposed to market fluctuations, and its value can go up as well as down as a result of instrument-related or macroeconomic factors.</p><p><strong>• Market Risk:</strong> Market risk is the risk of volatility in NAVs of the fund arising from the conditions affecting the overall markets. The factors can be inflation, changes in government policies, natural calamities, interest rate changes or liquidity issues etc.</p><p><strong>• Liquidity Risk</strong>: A lower level of liquidity in the market may affect values of the securities.Lower Liquidity in the market leads to difficulties in selling or redeeming securities in the market, the fund may have to bear extra costs or may find it difficult to sell units at lower prices.</p><p><strong>• Risk related</strong> to investment patterns: Different types of securities have different levels of risk associated with them. For Example- AAA papers are less risky than AA-rated papers or bonds. Any changes in the investment patterns of the scheme can have an impact on the riskiness of the scheme.</p><p><strong>• Duration Risk: </strong>Debt securities with higher duration could be riskier in terms of price movements relative to those with lower duration. Thus, any changes in the interest rate changes will have more impact on the securities with the higher durations.</p><p><strong>• Concentration Risk:</strong> Concentration risk can arise if the portfolio of the fund is highly concentrated, i.e. exposed to a particular sector, company, or bond.</p><p>For reading more about Risk Factors associated with this fund, you can read the Scheme Information Document available at ICICI Prudential Mutual Fund’s Website.</p><p>&nbsp;</p><h3>Top Balanced Advantage Funds</h3><p>&nbsp;</p><figure class="table"><table><tbody><tr><td>ZF Rank</td><td>Funds</td><td>3 Year Returns Annualized</td><td>5 Year Returns Annualized</td></tr><tr><td>1</td><td>ICICI Prudential Balanced Advantage Fund Growth&nbsp;</td><td>0.36</td><td>3.81</td></tr><tr><td>2</td><td><a href="https://zfunds.in/mutual-funds/shriram-balanced-advantage-fund-regular-growth">Edelweiss Balanced Advantage Fund</a>&nbsp;</td><td>3.34</td><td>3.4</td></tr><tr><td>3</td><td><a href="https://zfunds.in/mutual-funds/nippon-india-balanced-advantage-fund-growth-plan-growth-option">Nippon India Balanced Advantage Fund - Growth</a>&nbsp;</td><td>-13.59</td><td>0.55</td></tr></tbody></table></figure><p>as on 31st March 2020</p>

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aditya-birla-sun-life-asset-allocator-fof-regular-plan-growth-option

union-balanced-advantage-fund-regular-plan-growth-option

<p>Aditya Birla Sun Life Balanced Advantage Fund from the house of Aditya Birla Sun Life Mutual Funds reviewed in detail. The fund has an investment objective to provide stability and to generate long-term capital growth by investing its assets in equity and equity-related securities along with debt securities. The minimum lumpsum amount is Rs.100 and the minimum SIP amount is Rs.100. The fund managers of Aditya Birla Sun Life Balanced Advantage Fund are Mr. Vineet Maloo and Mr. Mohit Sharma.</p>

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