Investment type
HDFC Balanced Advantage Fund - Direct (G) is a mutual fund under the Large Cap category, managed by Nippon India Mutual Fund. It was launched on January 1, 2013, and has been active for over 12 years. As of June 30, 2024, the fund manages assets worth ₹35,700 Crores, placing it as a medium-sized fund in its category. The expense ratio is 0.66%, which is relatively lower compared to many other Popular Funds.
This fund generated returns of 12.46% in the last 1 year. Since its inception, it has provided an average annual return of 16.21%. Historically, it has doubled the invested capital approximately 4 years.
The fund stands out for its consistent ability to generate returns, outperforming most of its peers in this category. It also shows a strong capability to limit losses during market downturns, offering better downside protection compared to many other funds.
The fund's investments are mainly concentrated in sectors like Financials, Energy, Technology, Consumer Staples, and Services. However, compared to other Popular Funds, it has a slightly lower exposure to the Financial and Energy sectors.
The top five holdings in this fund include prominent companies such as HDFC Bank Ltd., Reliance Industries Ltd., ICICI Bank Ltd., ITC Ltd., and Infosys Ltd.
Nippon India Large Cap Fund seeks to generate long term capital appreciation by investing predominantly into equity and equity related instruments of large cap companies.
Risk varies based on fund type – equity funds carry higher risk, while liquid funds are low-risk.
Yes, if you are looking for steady growth with a reasonable level of risk involved.
These funds are Ideal for both short-term (liquid funds) and long-term (equity and hybrid funds) investors, depending on the specific fund chosen.
Yes, these popular funds are generally liquid, though early withdrawal may affect returns depending on market conditions.
Varies for each fund, depending on its category.
By joining our referral program, you agree to our Terms of Use
Powered by Viral Loops.
Invest as little as Re.1 in US Stocks
