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

Mutual Fund Review: Religare Tax Plan

Tax Plan is one of the better performing schemes from Religare Asset Management. Existing investors can redeem their investment after three years. But given the scheme's performance, they can continue to stay invested   Given the mandated lock-in period of three years, tax saving schemes give the fund manager the leeway to invest in ideas that may take time to nurture. Religare Tax Plan's investment ideas revolve around 'High Growth', which the fund manager has aimed to achieve by digging out promising stories/businesses in the mid-cap segment. Within the space, consumer staples has been the centre of attention for the last couple of years and can be seen as one of the key reasons for the scheme's outperformance as compared to the broader market. It has, however, tweaked its focus and reduced exposure in midcaps as they were commanding a high premium. The strategy seems to have worked as it returned a 22% gain last year. Religare Tax Plan has outperformed BSE 100...
Read more

JP Morgan launches Emerging Markets Opportunities Equity Offshore Fund

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 JP Morgan launches Emerging Markets Opportunities Equity Offshore Fund    The new fund offer opens for subscription on 16 th June and closes on 30 th June. JP Morgan Mutual Fund today announced the launch of its open end fund of fund called Emerging Markets Opportunities Equity Offshore Fund. The fund will invest in an aggressively managed portfolio of emerging market companies in the underlying fund - JPMorgan Funds - Emerging Markets Opportunities Fund, says a JP Morgan press release. Noriko Kuroki, Client Portfolio Manager, Global Emerging Markets Team (Singapore), JPMAM said, "Emerging markets have been out of favour for several years, as growth decelerated and earnings struggled. However, in a world of globalisation, we believe that EM will eventually re-couple with DM, leading to the long-aw...
Read more

Nifty F&O

  1. What is a straddle? A strategy using Nifty options usually before a major event or when one is uncertain of market direction. Comprises purchase of a Nifty call and put option of the same strike price. Usually strikes are purchased closer to the level of the underlying index. 2. What is better ­ buying or selling a straddle? It depends.Implied volatili ty of options, or near-term expectations of price swings in an un derlier like Nifty , usually peaks before an event and falls when the outcome plays out ­ like Infy re sults in past years. However, once the event plays out, a sharp rise or fall in Nifty could result in price of the straddle rising ­ benefiting buy ers. But, normally , those who sell or write options charge hefty premiums from buyers in the hope that fall in volatility would ensure the options end out-of-the-money, hurting buyers. 3. So, do straddle sellers end up winning most of the time? Yes. That's invariably the case when market volatility is trending on the...
Read more

UTI Equity Fund Invest Online

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   UTI Equity Fund   Invest Online UTI Equity is a large cap-oriented fund with assets under management worth Rs. 2,269 crore (as on June 30, 2013). The fund was originally launched in May 1992 as UTI Mastergain and is benchmarked against S&P BSE 100. A couple of years back the name of the fund was changed to UTI Equity Fund and many of the smaller funds of UTI were merged into this fund. Performance The fund has outperformed its benchmark as well as the equity diversified category average in the last one-, three- and five-year periods. It has repeated the same in 2013 (as on May 31). Since its inception the fund has delivered an impressive 26 per cent compounded annual growth rate which is superior to its benchmark performance in the same period. Y...
Read more

Good time to invest in Infrastructure Funds

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   Good time to invest in infrastructure The Sensex has gained almost 10 per cent from May 15 till date, while the CNX Infrastructure Index has gained almost 17 per cent in the period. The price to earnings ( P/ E) ratio of the BSE Sensex is 18.96; for the CNX Infrastructure Index, it is 24.57. The estimated P/ E for next year is 14.04 for the Sensex. Of the 24 companies that make up the CNX Infrastructure Index, six have a P/ E higher than 20. Does this mean infrastructure is fairly valued? Or, has it run up quite a bit? According to experts, barring stray companies, the infra sector is fairly valued and it is a good time to invest. Even if some companies are facing debt restructuring problems, once interest rates come down and regulatory norms become flexible, they will start giving good re...
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