HDFC Balanced Adv IDCW R - Historical Data

The HDFC Balanced Advantage Fund - Direct (IDCW) has shown a remarkable 1-year annualised return of 41.61%. Over the long term, the fund has grown by 23.56% in 3 years and 19.24% in 5 years. Since its inception, the fund has delivered a solid 15.35% return.

The expense ratio for HDFC Balanced Advantage Fund - Direct (IDCW) Direct Growth stands at 0.75%. This expense ratio represents the commission paid by investors for the fund's management, research, and general upkeep. A higher expense ratio can lead to lower returns for investors. However, direct plans, like this one, have lower expense ratios compared to regular plans, making them more beneficial for investors.

As of March 6, 2024, the Assets Under Management (AUM) of HDFC Balanced Advantage Fund - Direct (IDCW) is ₹77,011.15 crore. A high AUM indicates the fund's popularity and reflects its strong position in the market.

Redeeming or selling units from HDFC Balanced Advantage Fund - Direct (IDCW) is a simple process. However, ensure the fund has completed its minimum lock-in period to avoid paying an exit load.

To redeem from HDFC Balanced Advantage Fund - Direct (IDCW):

• Log in to your m.Stock account
• In your portfolio, you will find mutual fund investments listed under 'MF'
• Select the fund you want to redeem from (in this case, HDFC Balanced Advantage Fund - Direct (IDCW))
• Click on the ‘Redeem’ button
• You will have two options – redeem by units or redeem by value (only free units can be redeemed)
• Choose the number of units to redeem and click 'Submit'
• The redemption value will be credited to your account within 2-3 working days, as per SEBI timelines

Yes, you can choose to invest either via SIP (Systematic Investment Plan) or lumpsum in HDFC Balanced Advantage Fund - Direct (IDCW). The minimum lumpsum investment required is ₹100, and the minimum SIP amount is also ₹100. Lumpsum investment is ideal for investors with a large amount of investible capital and some experience in the stock market, while SIP is well-suited for retail investors who prefer to invest smaller amounts periodically without worrying about market timing.

A significant portion of the fund’s AUM, ₹77,011.15 crore, is allocated to the following top sectors:

• Debt: 29.31%
• Banks: 16.6%
• Finance: 6.77%