HDFC Balanced Advantage Fund
The HDFC Balanced Advantage Fund had assets under management at Rs 41,972.08 crore. As of August 31, 2021, the fund’s expense ratio for the regular plan was 1.62%.
“For units greater than 15% of the investment, 1% will be taken for redemption within one year”, depending on the exit charge of the HDFC Balanced Advantage fund. The minimum investment required is Rs 5000, with an additional investment of Rs 1000. SIP investments start at Rs 500. The fund is rated 4 stars by the rating agency CRISIL.
67.51% of the fund is invested in Indian equities, of which 47.83% in large cap stocks, 9.87% in mid cap stocks and 8.15% in small cap stocks. The fund has a debt investment of 19.23%, of which 8.9% in government securities and 10.33% in funds invested in very low risk securities.
The HDFC Direct Balanced Advantage Fund plan has a 1-year growth rate of 64.46 percent. It has had an average annual return of 15.04 percent since its inception. National Thermal Power Corp. Ltd., Coal India Ltd., ICICI Bank Ltd., Power Finance Corpn. Ltd. and ITC Ltd. are the top five holdings of the fund.
HDFC Equity Savings Fund – Growth
The program invests in stocks and equity related securities, arbitrage opportunities, and debt and money market instruments in order to provide capital appreciation.
The fund’s expense ratio is 2.14%, which is higher than the expense ratios charged by most other equity savings funds. The fund now has an equity allocation of 66.45% and a debt allocation of 29.16%. HDFC Equity Savings Fund has a 1 year growth rate of 30.87 percent. It has averaged 9.69% per year since its inception. The financials, energy, healthcare, tech and metals sectors make up the majority of the fund’s equity holdings. The fund is rated 4 stars by Value Research.
HDFC Hybrid Debt Fund
The HDFC Hybrid Debt Fund-Growth manages a total of 2,661 crore in assets (AUM). The fund’s expense ratio is 1.87%, which is higher than the expense ratios charged by most other conservative hybrid funds. The fund now has an equity allocation of 24.47 percent and a debt allocation of 67.37 percent.
The HDFC Hybrid Debt Fund’s one-year growth returns are 23.27%. It has had an average annual return of 10.57 percent since its inception.
The financials, energy, construction, healthcare and tech sectors make up the majority of the fund’s equity holdings. The program invests primarily in debt securities, money market instruments and a moderate amount of stocks in order to create income and capital appreciation. The fund is rated 4 stars by Value Research.
HDFC multi-asset funds
Direct-Growth manages assets worth Rs 1,186 crores (AUM). The fund has a cost ratio of 0.93% which is higher than most other multi-asset allocation funds. The fund currently has an equity allocation of 66.35% and a debt allocation of 16.06%.
The 1 year returns for HDFC Multi-Asset Fund Direct-Growth are 32.83%. It has averaged 11.80% per year since its inception.
HDFC Gold Exchange Traded Fund, Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd. and HDFC Bank Ltd. are the top five holdings of the fund. The Scheme invests in a diversified portfolio of equities and equity-related assets, debt and money market instruments and gold in order to provide long-term capital appreciation and income.
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