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CASPeR Ranking #68
HSBC Balanced Advantage Fund Direct Plan Growth Option
NAV (Fri Jul 26 2024)
₹48
Returns (Since Inception)
13.05%
Category Average
12.80%
Rating
4
Allocation and Holdings
Asset class
Weightage
Financial Services
4.15%
Unknown
15.46%
Healthcare
2.89%
Industrials
2.82%
Energy
2.71%
Basic Materials
2.34%
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Overall rating
Scheme Information
Fund name
HSBC Balanced Advantage Fund Direct Plan Growth Option
Minimum SIP
500
Risk Level
High Risk
AUM
₹1445.42 Cr
ISIN
INF917K01IN1
Inception Date
Jan 01 1970
Standard Deviation
6.056
Beta
-
Sharpe Ratio
1.122
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
Expense Ratio
0.770%
Exit Load
Exit Load: For Redemption Load (% of Applicable NAV) If the units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment Nil If units redeemed or switched out are over and above the limit within 1 year from the date of allotment 1 If units are redeemed or switched out on or after 1 year from the date of allotment Nil
Risk
High Risk
Investment Objective
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.
Fund Managers
Jalpan Shah
Praveen Ayathan
Vihang Naik
Cheenu Gupta
About the AMC
HSBC Asset Management(India)Private Ltd
Phone Number
+91 22 66145000Email Address
hsbcmf@hsbc.co.inCorporate Office Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,FortOverall AUM
₹1445.42 Cr
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frequently asked questions
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What is the current NAV of HSBC Balanced Advantage Fund Direct Plan Growth Option?
The NAV of HSBC Balanced Advantage Fund Direct Plan Growth Option is ₹48 as of Fri Jul 26 2024.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
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Who is the fund manager of HSBC Balanced Advantage Fund Direct Plan Growth Option?
Jalpan Shah is the current fund manager of HSBC Balanced Advantage Fund Direct Plan Growth Option as on Sat Jul 27 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.
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What is the expense ratio of HSBC Balanced Advantage Fund Direct Plan Growth Option?
The Expense Ratio of HSBC Balanced Advantage Fund Direct Plan Growth Option is 77.00% as of Sat Jul 27 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 77.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
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What is the minimum SIP amount of HSBC Balanced Advantage Fund Direct Plan Growth Option?
The minimum Systematic Investment Plan (SIP) amount required for HSBC Balanced Advantage Fund Direct Plan Growth Option is ₹500. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
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What is the minimum lump sum amount required to invest in HSBC Balanced Advantage Fund Direct Plan Growth Option?
To initiate a lump sum investment in HSBC Balanced Advantage Fund Direct Plan Growth Option, a minimum initial amount of ₹5,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
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What is risk category of the HSBC Balanced Advantage Fund Direct Plan Growth Option?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of HSBC Balanced Advantage Fund Direct Plan Growth Option is classified as High Risk.
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What is the category of HSBC Balanced Advantage Fund Direct Plan Growth Option?
The category of the HSBC Balanced Advantage Fund Direct Plan Growth Option is Allocation.
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