Skip to main content

HDFC Balanced Fund

Invest Mutual Funds Online

Download Mutual Fund Application Forms

Launched in September 2000, HDFC Balanced Fund is an equity-oriented hybrid fund, with average assets under management (AUM) of ~555 crore as of March 2012. The fund has been consistently ranked CRISIL Fund Rank 1 for the past six quarters. The consistency in its rankings highlights a combination of superior risk-adjusted performance and disciplined portfolio management.

Investment style HDFC Balanced Fund seeks to benefit from two asset classes —capital appreciation of equities and stability of fixed income instruments. Balanced funds are treated like equity oriented funds for tax purposes wherein dividends and long term capital gains are tax-free. The scheme is mandated to invest in the proportion of 60 per cent to 80 per cent in equity and the remaining in fixed income securities. During the past three years the fund has maintained an average equity exposure of 68 per cent.

Performance The fund has outperformed its benchmark, CRISIL Balanced Fund Index, and the category average across various timeframes (one, three, five, seven and 10 years). Despite market volatility over the recent three years, the fund has delivered an annualised return of 27 per cent, more than double the benchmark (13 per cent) and well above the average returns delivered by the balanced fund category (18 per cent).

Assuming a minimum holding period of five years in case of balanced funds, based on five-year daily rolling returns, HDFC Balanced Fund has outperformed the benchmark 99 per cent of the time.

Risk attributes (measured by volatility) The fund has delivered higher returns at lower volatility. Over afive-year period, the fund has average volatility of 18 per cent vis-à-vis 20 per cent for the category.

Portfolio analysis Over the past three years, the fund has been managed with a fairly stable equity-debt asset allocation mix. The fund has been investing in the range of 65-71 per cent in equities over this period and the average exposure to equities has been 68 per cent. The fund is neither aggressive nor defensive in its portfolio allocation. Yet, it seeks to moderate risk by dynamically changing allocation between the asset classes. The average exposure to cash and cash equivalents constituted eight per cent of the portfolio over the past three years, thus providing sufficient liquidity.

Within equities, the fund maintains a fairly diversified portfolio. The average number of stocks in the portfolio for the last three years is 32, indicating good stock-wise diversification. At a market capitalisation level, the fund uses a combination of large- and mid-cap stocks in its portfolio. Some of the top holdings that have been retained over the past three years include Reliance Industries, Tata Consultancy Services, Infosys and Axis Bank.

The fund has maintained good credit quality in the debt portion of its portfolio. The average exposure to G-Secs and highest rated papers has been 83 per cent of the debt portfolio over the past three years.

Sector trends Pharmaceuticals, banks, software, auto ancillaries and consumer non-durables have been the most preferred sectors in the fund's portfolio over the last three years with exposure to these sectors at nearly 37 per cent of the equity portfolio. Over the past three years, these sectors have significantly outperformed the S&P CNX Nifty. 

---------------------------------------------

Invest Mutual Funds Online

Transact Mutual Fund Online

 

Download Mutual Fund Application Forms from all AMCs

Download Mutual Fund Application Forms

 

Best Performing Mutual Funds

    1. Largecap Funds:
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    3. Mid and SmallCap Funds
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    4. Small and MicroCap Funds
      1. DSP BlackRock MicroCap Fund
    5. Sector Funds
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    6. Gold Mutual Funds
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

 

Popular posts from this blog

How to Decide your asset allocation with Mutual Funds?

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India) How to Decide your asset allocation ? The funds that base their equity allocation on market valuation have given stable returns in the past. Pick these if you are a buy-and-forget investor. Small investors are often victims of greed and fear. When markets are rising, greed makes the small investor increase his exposure to stocks. And when stocks crash to low levels, fear makes him redeem his investments. But there are a few funds that avoid this risk by continuously changing the asset mix of their portfolios. Their allocation to equity is not based on the fund manager's outlook for the market, but on its valuations. Our top pick is the Franklin Templeton Dynamic PE Ratio Fund, a fund of funds that divides its corpus between two schemes from the same fund house-the...
Read more

How to generate a UAN Online

Best SIP Funds Online   In order to make Employees' Provident Fund (EPF) accounts portable, the Employees' Provident Fund Organisation (EPFO) had launched the facility of Universal Account Number (UAN ) in 2014. Having a UAN is now mandatory if you have an EPF account and are contributing to it. So far, you got this number from your employer and every time you changed jobs, you had to furnish this number to the new employer.  However, in order to make it easier for you to get a UAN , and without your employer's intervention, the EPFO now allows you to go online and generate a UAN on your own. This facility can be used by freshers, or new employees, who are joining the workforce as well as by employees who have older EPF accounts but do not have a UAN as yet. As a new employee, you can simply generate a UAN and provide the number to your employer at the time of joining, when you need to fill up forms for your EPF contribution. As per a circula...
Read more

Reliance Regular Savings Fund - Debt Option

Reliance Regular Savings Fund - Invest Online     The scheme aims to generate optimal returns consistent with moderate levels of risk. It will invest atleast 65 per cent of its assets in debt instruments with maturity of more than 1 year and the rest in money market instruments (including cash or call money and reverse repo) and debentures with maturity of less than 1 year. The exposure in government securities will generally not exceed 50 percent of the assets. The fund uses a mix of relatively low portfolio duration with active investments in higher-yielding corporate bonds. It does not take aggressive duration calls but tries to improve returns by cherry-picking corporate bonds. This is reflected in the fund's returns matching the category and benchmark for five years - at 8.4 per cent - but lagging behind the category during a raging bull market in bonds in the last one year. The fund has been a consistent but not chart-topping performer in the income category. Despite its ...
Read more

Am you Required to E-file Tax Return?

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   Am I Required to 'E-file' My Return? Yes, under the law you are required to e-file your return if your income for the year is Rs. 500,000 or more. Even if you are not required to e-file your return, it is advisable to do so for the following benefits: i) E-filing is environment friendly. ii) E-filing ensures certain validations before the return is filed. Therefore, e-returns are more accurate than the paper returns. iii) E-returns are processed faster than the paper returns. iv) E-filing can be done from the comfort of home/office and you do not have to stand in queue to e-file. v) E-returns can be accessed anytime from the tax department's e-filing portal. For further information contact Prajna Capit...
Read more

IIFL NCDs

Buy Gold Mutual Funds Invest Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Call 0 94 8300 8300 (India) IIFL NCDs IIF's six-year unsecured NCD 2012 Risk-wary investors should stay away from this issue, and even, risk-taking ones should think twice It is a public issue of unsecured redeemable non-convertible debentures ( NCDs ) by India Infoline Finance ( IIF ), an unlisted company, which is a 98.9 per cent subsidiary of India Infoline, a listed company. The issue seeks to raise Rs 250 crore with an option to retain over-subscription up to Rs 250 crore taking the total potential issue amount to Rs 500 crore. It will be open for public subscription from September 5 to September 18 with a minimum application size of Rs 5,000 in the form of five NCDs of face value Rs 1,000, TENURE & RATES: IIF will redeem the NCDs at the end of six years, and investors wanting out before six years will be able to sell the...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now