HDFC Hybrid Fund: This mutual fund scheme was started on 01 February 1994. HDFC Balanced Advantage Fund has given an absolute return of 261.12% since its inception. That does not mean that this fund has only given profit, it saw a downtick as well. But the fund has given an absolute return of 63.99% in the last 3 years. Here are more details about HDFC Hybrid Fund:
HDFC Hybrid Fund:
The mutual fund scheme is a Balanced Advantage Hybrid Fund that aims to generate long term returns for investors through a mix of equity and debt investments. Different assets react differently to market movements and have low correlation with each other. Hence the risk of this scheme is reduced with every category.
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How much Profit you get from Fund:?
HDFC Balanced Advantage Fund has given an absolute return of 261.12% since its inception. At the same time, its annual return during the same period has been 13.48 percent. The scheme has generated an annualized return of 17.85% over 3 years, which is higher than the category average return of 10.18%. The scheme has given an absolute return of 78.16% in 5 years and an annualised return of 12.24%.
As it is informed earlier that this fund has also caused loss. The scheme has given negative returns of 30.36% in bear cycle of the market. But it has given a return of 76.36 per cent during the bull cycle.
Balanced Advantage Hybrid Fund portfolio:
HDFC Balanced Advantage Fund has 63.2% exposure to equity, 24.5% debt and 10.1% cash. Large banks like HDFC, SBI and ICICI have financial stakes (34 per cent) in equity exposure. At the same time, the share of energy stock is 22.6 percent. These include NTPC, Coal India and GAIL. Among debt holdings, the scheme has assigned maximum weightage to sovereign (18.06 per cent) and AAA rated investments (5.5 per cent).
This scheme is good for THESE investors:
HDFC Balanced Advantage Fund aims to create long term wealth through a mix of equity and debt investments. In terms of its objective, the scheme is better suited for investors looking to invest in a mix of equity and debt instruments for the long term, provided they have a higher risk appetite.
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Rating
HDFC Balanced Advantage has received a 5-Star rating from Morningstar for its consistent track record. The ‘mean deviation’ of the average return of the scheme’s portfolio is 19.9 and has a beta of 0.96. Beta reflects the volatility of the scheme as compared to the overall market. This fund has a beta of less than 1, so it reflects lower volatility than the overall market. But this scheme is a high risk investment option. Also, keep in mind that the past performance of the scheme is not a guarantee of future performance. That is, it is not necessary that you will get such good returns in future also.
Disclaimer: Investment advice is not being given here. Therefore, before investing, take advice from financial advisors.
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