Presented By,

Balanced Advantage Fund

 Both Balanced Funds and Balanced Advantage Funds,

invest the money gather into mixture of debt and
equity.
 These funds differ on the percentage of equity
instrument in their respective portfolios.
 Balanced fund will maintain approx. 65% equity
contribution
 Balanced Advantage Fund can fluctuate between 30%
to 80% equity based on market conditions
HDFC Balanced Advantage Fund

 Merging of HDFC Prudence Fund and Growth

fund
 Open-ended balanced advantage fund
 Scheme Objective: To provide long term capital
appreciation / income from a dynamic mix of
equity and debt investments
 Min SIP investment- Rs 500
 Corpus- Rs42529 crore
 Advantages
Trailing Returns
Chart Title
16
15
14.14
13.8 13.72 13.62
14

12 11.36
11.03 10.92 10.64
9.95 10.24
10 9.46 9.67
9.02
8.52
8

5.76
6
4.82
4.46 4.24
4
2.67

2 1.52

0
YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year

Fund VR Balanced TRI Category

 Advantages(Contd)
Annual Returns

Source: Value Research

 Advantages (contd.)
Risk Ratios

Sharpe Treynor's Jenslon's

Ratio Ratio Alpha

Fund 0.74 0.07 0.92

Category
0.31 0.04 -0.31
avg
 Advantages(Contd)
 There is only one percent allocation to debt
instruments with less than AA rating
 The fund has very high debt credit quality
 Monthly dividend since 2016
 Product enjoys the taxation benefit
 The fund, managed by Prashant Jain, widely regarded
as one of the most competent money managers.
 18.65% return since launch
 Disadvantages:
Ratio of fund & Standard Deviation Beta
category:
Category Average 4.74 0.36
Fund performance 12.49 1.36
ratio
14

12

10

0
Standard Deviation Beta

Category Avg Fund Performance Ratio

 3.5

1.5
2

0
0.5
3
4

1
2.5
4.5
01-09-03
15/12/2004
30/12/2005
28/12/2006
27/12/2007
26/2/2009
25/2/2010
25/2/2011
23/2/2012
21/2/2013
13/2/2014
02-12-15
18/2/2016
23/2/2017
22/2/2018
25/6/2018
25/7/2018
27/8/2018
25/9/2018
Dividend(Rs/Unit)

25/10/2018
26/11/2018
26/12/2018
25/1/2019
25/2/2019
25/3/2019
25/4/2019
Disadvantages (Contd)

Dividend(Rs/Unit)
Disadvantages (Contd)

 Not suitable for the investors who are risk averse in

nature.
 The scheme is not rated in dynamic asset allocation or
balanced advantage category by CRISIL ( for quarter
ended sep 2018).
 The fund controls the asset allocation that might not
always lead to the optimal tax- planning.
 CONCLUSION

 The fund has showcased great performance over the

years, the fund has shown some falter in recent years.
 More aggressive approach is
 Not suitable for conservative investors.
 Investors who have moderate to high risk capacity may
consider this fund for long term financial objectives.
 Suitable for the investors who are going to be retired or
already retired shall invest in this kind of Mutual
Fund.