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The mutual fund traffic is increasing every day. People are maneuvering their wealth into the best performing schemes, rather than stuffing it into other ventures. Amongst many category of funds available, large-cap funds have always been one of the most favourite picks of the investor clan. Besides giving good returns, they also provide security and stability to the portfolio that further ensure its long sustainability in the market by adding strength to grind more profit.
Out of the long list of the best products in this category, HDFC Balanced Advantage Fund has been amongst those funds that have constantly improved their performances in the market. Its service record is absolutely spotless and is a symbol of what a fund, if properly managed, is capable of yielding in today’s stiffly competitive market.
Apart from winning a rare four-star rating from CRISIL, the highly regarded credit rating company, HDFC Balanced Advantage Fund (G) has also won a top spot on the recommendation list of MySIPonline. The list of recommended funds published at this website is known for its pristineness, which is why it is rated amongst the best mutual fund advices available online. The backup team monitoring the data flow ensures that the users are exposed to only the best guidance, and no misleading information is published on the website.
In this write-up, an attempt has been made to bring out the most vital details about one of the best large cap funds in the market, viz. HDFC Balanced Advantage Fund (Growth). The details contained here will enable the readers to rule out the slightest possibilities of mistake in their investment planning, and hence, provide a chance to make an infallible investment plan. So, whether you are an old buyer in the market or have recently begun trading, this article is meant to fill you up with loads of knowledge. Now, sit back, relax and enjoy this 10 minute mind-opening bulletin.
The Trivia
As you must have already known by now, HDFC Balanced Advantage Fund –Regular Plan (Growth) is an equity-oriented large cap mutual fund that has been serving the Indian market since September 11, 2000. It recently absorbed HDFC Prudence Fund, one of the most widely used balanced funds in the market. The fund handles a modest capital of Rs. 1, 162 crore (as of 31st May, 2018) and has a huge clientele of more than 12000 active users currently subscribed to this fund.
How Has the Fund Performed in the Past?
Looking at the past five years data, an assumption can be made that HDFC Balanced Advantage Fund G is a high-yielding fund with return score going up to an average of 16.21%. Also, the fund stayed amongst the top five payers in the market, averaging a yield of 17.89% since its inception. The experts have contemplated that in the next five years, the fund may grow to become the top payer of returns in the market assuming a positive scenario.
How Much Risk Is Involved?
Being one of the top-performing large cap funds in the market, HDFC Balanced Advantage Fund holds stake in high quality stocks of giant, thriving companies that have a commendable stake in the market. These stocks then add stability to the underlying portfolio of the fund, thus making it less vulnerable to high market risks. In turn, it makes the portfolio secure enough to last longer and give better performances, without losing its value to uncertainties and volatility.
How to Invest in HDFC Balanced Advantage Fund (G)? By the virtue of MySIPonline, mutual investing is now powered by the internet where people don’t have to struggle to get their investments sorted. They can simply create their account on MySIPonline without shelling out a penny, which will then open the ways for them to an effortless investment experience. The heavily fenced and secured payment gateway allows the investors to make quick online payments for their purchase, without being exposed to the risk of trickling of information into the hands of the wrongdoers. So, what are you waiting for? Stop staring at the computer screen and call your financial advisor now!