- Mutual Funds
- HSBC Mutual Funds
- HSBC Balanced Advantage Fund of (PIDCW-M)
Formerly L&T Balanced Advantage IDCW-P
HSBC Balanced Advantage Fund of (PIDCW-M)
₹ 19.3481
NAV (Apr 16)
Dynamic asset allocation or balanced advantage funds provides varying combinations of equity & debt and is suitable for investment objectives with duration specific to the fund category.
Dynamic Asset Allocation funds change their exposure to debt and equity dynamically - taking a call on market valuation & conditions.
This makes their performance difficult to assess.
With a high Equity component, the impact of market fluctuations on these funds is high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 19.3481
NAV (Apr 16)
Fund Returns
Last 1Y | 15.6% |
Last 3Y | 8.4% |
Last 5Y | 8.6% |
Last 10Y | 10.2% |
Since Inception | 10.2% |
6 Month CAGR | 7.3% |
Scheme Information
To seek long term capital growth and income through investments in equity and equity related securities and fixed income instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
Expense Ratio | 2.12 |
Launched (13y ago) | Feb 07, 2011 |
AUM in Crores | 1397.342 |
ISIN | INF917K01KW8 |
Lock-in | No Lock-in |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 5.3 |
Standard Deviation (5yr) | 8.1 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.558 |
Sharpe Ratio (5yr) | 0.426 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| HSBC Balanced Advantage Fund of (PIDCW-M) | 9,03,025 | 1,70,413 | 8.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
icici bank ltd
4.5%hdfc bank ltd
4.4%reliance industries ltd
4.3%7.37% govt stock 2028
3.7%7.06% govt stock 2028
3.6%Allocation by Sector
financial services
17.8%industrials
7.5%healthcare
7.1%technology
6.3%energy
5.7%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 10,737 cr | ||
₹ 33,502 cr | ||
₹ 8,943 cr | ||
₹ 3,417 cr | ||
₹ 741 cr |
About the AMC
HSBC Asset Management(India)Private Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
32.8% | 22% | ||
5.3% | 5.9% | ||
26.5% | 16.9% | ||
20.1% | 15.5% | ||
4.7% | 5.2% |
HSBC Balanced Advantage Fund of (PIDCW-M) Review
HSBC Balanced Advantage Fund of (PIDCW-M) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 10.2% over a period of 13 years. The fund was previously known as L&T Balanced Advantage IDCW-P. The fund is managed by HSBC Asset Management(India)Private Ltd. The fund managers are Gautam Bhupal, Hitesh Gondhia, Mahesh Chhabria, Neelotpal Sahai, Praveen Ayathan, Sonal Gupta.
Nav of HSBC Balanced Advantage Fund of (PIDCW-M) as of 4/16/2024 is ₹19.35 with the total AUM as of 4/17/2024 is ₹1397.342. With Scripbox you can compare and check the latest nav for all mutual funds in India. HSBC Balanced Advantage Fund of (PIDCW-M) was launched on Feb 07, 2011. The category risk of the fund is High Risk.
The minimum SIP amount for HSBC Balanced Advantage Fund of (PIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Frequently Asked Questions
What is HSBC Balanced Advantage Fund of (PIDCW-M)?
How to invest in HSBC Balanced Advantage Fund of (PIDCW-M)?
You can invest in HSBC Balanced Advantage Fund of (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of HSBC Balanced Advantage Fund of (PIDCW-M)?
The minimum sip amount for HSBC Balanced Advantage Fund of (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is HSBC Balanced Advantage Fund of (PIDCW-M) good to invest in?
As per Scripbox experts, HSBC Balanced Advantage Fund of (PIDCW-M) is a Neutral fund. You can investHSBC Balanced Advantage Fund of (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the HSBC Balanced Advantage Fund of (PIDCW-M)?
The expense ratio of the HSBC Balanced Advantage Fund of (PIDCW-M) is 2.12% for regular plan.