- Mutual Funds
- HSBC Balanced Advantage Fund (IDCW)
HSBC Balanced Advantage Fund (IDCW)
Dynamic Asset Allocation or Balanced Advantage
- NAV 20.51 (-0.37%)
- Fund Size (Cr) ₹1493.75
- Expense Ratio 2.11
- Scheme Type Active Fund
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Value Research
- Minimum investment ₹5000
- Minimum Additional Investment ₹0
- Minimum SIP Investment ₹500
- Minimum Withdrawal ₹500
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Exit Load
1%
- Return Since Launch 11.16%
Basic Details
Neelotpal Sahai
Nifty 50 Hybrid Composite Debt 50:50 Index
OPEN
Lumpsum Returns
Note: Lumpsum Returns since Inception Date.
SIP Returns
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
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Standard Deviation
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0.16% -
Jension’s Alpha
1.63%
Asset Allocation
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Top 10 stock holding in portfolio
Peer Comparison
- Scheme Name
- Value Research
- Asset Size (Cr)
- 1M
- 3M
- 6M
- 1Y
- 3Y
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Quant Dynamic Asset Allocation Fund-Direct (IDCW)
- 1334.25
- 3.27%
- 10.44%
- 13.99%
- 54.31%
- -
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Quant Dynamic Asset Allocation Fund-Direct (G)
- 1334.25
- 3.27%
- 10.44%
- 14.00%
- 54.29%
- -
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HDFC Balanced Advantage Fund - Direct (G)
- 94048.24
- 2.44%
- 9.46%
- 12.53%
- 36.82%
- 24.98%
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HDFC Balanced Advantage Fund - Direct (IDCW)
- 94048.24
- 2.44%
- 9.46%
- 12.53%
- 36.81%
- 24.32%
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Motilal Oswal Balance Advantage Fund-Dir (IDCW-Q)
- 1270.57
- 9.04%
- 19.16%
- 29.09%
- 35.80%
- 18.30%
News
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HSBC Mutual Fund launches India Export Opportunities Fund
HSBC Mutual Fund has introduced a new open-ended equity scheme, the HSBC India Export Opportunities Fund. This fund is designed to capitalize on the growth of India's export sector by investing in companies that generate a significant portion of their revenue from exports.
The new fund offer (NFO) is open for subscription from September 5th to 19th, 2024. Investors can choose from regular and direct plans, each with growth and IDCW options.
The HSBC India Export Opportunities Fund aims to provide long-term capital growth by investing in companies across market capitalizations. It will be managed by experienced fund managers Abhishek Gupta and Sonal Gupta. The fund is benchmarked against the Nifty 500 Total Return Index (TRI) and it requires a minimum initial investment of Rs 5,000.
The scheme will maintain a minimum exposure of 80% of net assets in equities & equity related securities of companies engaged in or expected to benefit from export of goods and services. The scheme will remain invested in the export theme regardless of the fundamental outlook, macroeconomic, environment, liquidity / prospects of the companies for this theme. This may result in volatility in scheme performance depending on outlook for the export theme.
The scheme intends to invest primarily in equities and equity-related securities of companies from the sectors/industry having exports with revenue more than 20% from outside India, including IT software and services, pharmaceuticals & biotechnology, automobiles & auto components, telecom services, petroleum products, chemicals, metals, textiles & apparels, industrial products and manufacturing, agricultural food and other products, construction, transport services, electrical equipment, and healthcare services.
The fund also has flexibility to invest upto 20% asset in other equities and equity related securities.
By investing in the HSBC India Export Opportunities Fund, investors can gain exposure to the growing Indian export sector, which is expected to benefit from favorable government policies, supply chain diversification, and competitive advantages. The Indian government has set an ambitious target to achieve $2 trillion exports by 2030 implying exports share to increase to ~29%. The government expects exports to grow at ~15% CAGR over FY24-30, with services likely to grow faster than manufacturing. This will aid India to increase its share in world manufacturing from less than 3% in 2023 to its ambition of 5% in 2030 and 10% in 2047.
Powered by Capital Market - Live News
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HSBC MF announces change in Fund Manager of the following scheme
HSBC Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 01 September 2024
Change in Fund Managers of the Schemes:
Scheme Name Existing Fund Manager(s) New Fund Manager(s) HSBC Tax saver Equity Fund ' Mr. Gautam Bhupal (Equity),
' Ms. Cheenu Gupta (Equity), and
' Mr. Sonal Gupta (Foreign securities)' Mr. Gautam Bhupal (Equity), and
' Mr. Sonal Gupta (Foreign securities)Powered by Capital Market - Live News
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HSBC Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes
HDFC Mutual Fund has announced 26 August 2024 as the record date for declaration of IDCW in the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:
HSBC Aggressive Hybrid Fund:
Regular Plan ' IDCW: 0.210
Direct Plan ' IDCW: 0.240
HSBC Balanced Advantage Fund:
Regular Plan ' IDCW: 0.130
Direct Plan ' IDCW: 0.150
HSBC Midcap Fund:
Regular Plan ' IDCW: 7.500
Direct Plan ' IDCW: 7.500
HSBC Business Cycle Fund:
Regular Plan ' IDCW: 0.2500
Direct Plan ' IDCW: 0.2500
Powered by Capital Market - Live News
Fund House Details & Investment Objective
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Date of Incorporation
17-Jan-2011
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Total AUM (Cr)
₹1493.75
HSBC Balanced Advantage Fund (IDCW) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, HSBC Mutual Fund. Launched in Jan 2011, this fund is managed by Neelotpal Sahai. With assets under management (AUM) worth ₹1493.75 (Cr), as of 06-Sep-2024, HSBC Balanced Advantage Fund (IDCW) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 11.16% since its launch.
The current NAV of HSBC Balanced Advantage Fund (IDCW) is ₹20.51, as on 06-Sep-2024. The fund’s benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in HSBC Balanced Advantage Fund (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If the units redeemed or switched-out are upto 10% of units purchased or switched in (the limit) within 1 year from the date of allotment. 1.00% - For Redemption within 1 year from the date of allotment or Purchase applying First in First Out basis. Nil - For Redemption above 1 year from the date of allotment.
The fund has generated 11.61% and 12.18% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 68.51% in Equity, 31.68% in Debt and -0.19% in cash and cash equivalents
The top 5 sectors the fund invests in are: 31.68% in Debt, 8.26% in Pharmaceuticals & Biotech, 8.01% in Banks, 5.34% in Finance and 4.5% in Industrial Products.
FAQs on HSBC Balanced Advantage Fund (IDCW)
HSBC Balanced Advantage Fund (IDCW) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 11.16% since inception. Looking to invest in HSBC Balanced Advantage Fund (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in HSBC Balanced Advantage Fund (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, HSBC Balanced Advantage Fund (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in HSBC Balanced Advantage Fund (IDCW) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!
In the short term, i.e., 1 year, HSBC Balanced Advantage Fund (IDCW) has generated annualised return of 23.54%. In the long-term, the fund has generated 11.61% and 12.18% in 3 and 5 years respectively. Since its inception, the fund has generated 11.16% returns.
The expense ratio of HSBC Balanced Advantage Fund (IDCW) Direct Growth is 2.11%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.
The Assets Under Management (AUM) of HSBC Balanced Advantage Fund (IDCW) is ₹1493.75 (Cr) as of 06 September 2024. AUM shows the fund’s popularity and is often indicative of fund strength.
Redeeming or selling units of HSBC Balanced Advantage Fund (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from HSBC Balanced Advantage Fund (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case HSBC Balanced Advantage Fund (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Yes, you can invest both lumpsum and SIP in HSBC Balanced Advantage Fund (IDCW). Minimum lumpsum investment HSBC Balanced Advantage Fund (IDCW) is ₹5000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.
The latest NAV (Net Asset Value) of HSBC Balanced Advantage Fund (IDCW) is ₹20.51 as on 06 September 2024.
The 5 biggest stock holdings of HSBC Balanced Advantage Fund (IDCW) are:
ICICI Bank (4.07%), Aurobindo Pharma (3.32%), Larsen & Toubro (2.94%), Reliance Industr (2.52%), Ambuja Cements (2.29%)
A majority of HSBC Balanced Advantage Fund (IDCW) 's AUM worth ₹1493.75 (Cr) is invested in these 3 top sectors:
- Debt: 31.68%
- Pharmaceuticals & Biotech: 8.26%
- Banks: 8.01%
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