HSBC Balanced Advantage Fund - Direct Growth

As on 18 Sept 2024

HSBC Balanced Advantage Fund - Direct Growth

Q: What kind of returns does HSBC Balanced Advantage Fund - Direct Growth provide?

HSBC Balanced Advantage Fund - Direct Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. HSBC Balanced Advantage Fund - Direct Growth had a return of 24.26% over the past 1 year.

Q: How much expense ratio is charged by HSBC Balanced Advantage Fund - Direct Growth?

The expense ratio for HSBC Balanced Advantage Fund - Direct Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 18 Sept 2024, the expense ratio charged by HSBC Balanced Advantage Fund - Direct Growth is typically around 0.28 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of HSBC Balanced Advantage Fund - Direct Growth?

As of 18 Sept 2024, the Assets Under Management (AUM) of HSBC Balanced Advantage Fund - Direct Growth is approximately ₹1502.4016 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of HSBC Balanced Advantage Fund - Direct Growth?

The Net Asset Value (NAV) of HSBC Balanced Advantage Fund - Direct Growth is updated daily and reflects the per-unit value of the fund's assets. As of 18 Sept 2024 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of HSBC Balanced Advantage Fund - Direct Growth?

The PE ratio for HSBC Balanced Advantage Fund - Direct Growth is 31.33 and the PB ratio is 5.63. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of HSBC Balanced Advantage Fund - Direct Growth?

The exit load for HSBC Balanced Advantage Fund - Direct Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Hybrid

NAV

₹ 49.00

CAGR (3 Years)

12.66%

AUM (Cr)

₹ 1,502.40

Risk

Moderately High Risk

About HSBC Balanced Advantage Fund - Direct Growth

To seek to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity mark

Breakdown of this Fund

Alcoholic Beverages

1.97%

Auto Ancillaries

3.76%

Automobile

2.26%

Banks

26.24%

Cables

4.90%

Capital Goods - Electrical Equipment

1.75%

Capital Goods-Non Electrical Equipment

3.68%

Cement

6.81%

Chemicals

2.06%

Construction

1.37%

Consumer Durables

6.42%

Credit Rating Agencies

1.76%

Crude Oil & Natural Gas

1.58%

Debt Others

37.26%

Diamond, Gems and Jewellery

3.75%

E-Commerce/App based Aggregator

2.58%

Fertilizers

3.28%

Finance

16.62%

Financial Services

4.90%

FMCG

7.35%

Govt. Securities

34.67%

Hotels & Restaurants

1.74%

Infrastructure Developers & Operators

10.19%

IT - Software

16.42%

Marine Port & Services

3.60%

Mining & Mineral products

3.27%

Non Ferrous Metals

0.91%

Paper

2.14%

Pharmaceuticals

23.37%

Plastic products

2.72%

Power Generation & Distribution

10.21%

Quick Service Restaurant

2.45%

Realty

6.82%

Refineries

7.24%

Retail

2.36%

Steel

3.53%

Stock/ Commodity Brokers

2.66%

Sugar

0.07%

Textiles

1.07%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

0.28

Exit Load

If the units redeemed or switched-out are upto 10% of units purchased or switche...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

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HSBC Balanced Advantage Fund - Direct Growth

About HSBC Balanced Advantage Fund - Direct Growth

Breakdown of this Fund

Market Capitalization

Expense Ratio, Exit Load and Tax

Similar Funds

Get your FAQs right

What kind of returns does HSBC Balanced Advantage Fund - Direct Growth provide?

How much expense ratio is charged by HSBC Balanced Advantage Fund - Direct Growth?

What is the AUM of HSBC Balanced Advantage Fund - Direct Growth?

As of 18 Sept 2024, the Assets Under Management (AUM) of HSBC Balanced Advantage Fund - Direct Growth is approximately ₹1502.4016 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

What is the NAV of HSBC Balanced Advantage Fund - Direct Growth?

The Net Asset Value (NAV) of HSBC Balanced Advantage Fund - Direct Growth is updated daily and reflects the per-unit value of the fund's assets. As of 18 Sept 2024 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

What is the PE and PB ratio of HSBC Balanced Advantage Fund - Direct Growth?

The PE ratio for HSBC Balanced Advantage Fund - Direct Growth is 31.33 and the PB ratio is 5.63. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

What is the exit load of HSBC Balanced Advantage Fund - Direct Growth?

The exit load for HSBC Balanced Advantage Fund - Direct Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.