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What is HDFC Balanced Advantage fund?

The investment objective of the scheme seeks to provide long term capital income from a dynamic mix of equity and debt investments.

hdfc balanced advantage fund

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  19 Nov 2020 7:41 AM GMT

Hdfc Balanced Advantage Fund is basically a high power-managed scheme. This scheme handles the equity aspect which is based on market conditions and certain primary factors. After the craze of the stock market in the decade of new normal, people have started investing in mutual funds. Balanced Advantage funds are dynamically mutual funds that typically change their equity share between 30 per cent and 80 per cent. It depends upon market valuation such as price-earnings ratio. Likewise, HDFC Balanced Advantage funds are objectified to provide long-term capital from a dynamic mix of equity. Ideally, when the market is overestimated, the investors will be willing to invest less equity. Similarly, they will invest more if the market is less valued. The hdfc Balanced Advantage fund dividend are generally what the payment to shareholders that is made in shares. HDFC Balanced Advantage Fund presently has an equity exposure of around 82%.

Balanced Advantage funds are dynamically bought equity mutual funds that typically change their equity share between 30 percent and 80 percent. It depends upon market valuation such as price-earnings ratio or price-to-book ratio. Likewise, HDFC Balanced Advantage funds are objectified to provide long term capital appreciation/ income from a dynamic mix of equity.

It has the advantage of rewarding shareholders without reducing HDFC's cash balance. Currently, the dividend option of this fund has declared a dividend of 0.23 per unit on 27th October, 2020. It has been constant for last 7 months, earlier it was at 0.31 per unit.

The investor often interested to check the BAF growth before investing his funds on the mutual fund. The hdfc Balanced Advantage Fund growth is quite impressive over some interval. The current NAVs on date Nov 17,2020 is 197.621, which surged 1.05% growth from the previous NAV (195.559). The Expense Ratio is 1.64 for now.

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