HSBC Balanced Advantage Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Dynamic Asset Allocation or Balanced Advantage

Fund House : L&T Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 50.3997 0.01%
(as on 29th January, 2026)

Crisil Rating

Not Rated

Rank not available for the fund

Fund Size

: ₹ 1581.48 Cr

(0.49% of Investment in Category)

Expense Ratio

: 0.81%

(0.69% Category average)

Risk-O-Meter

Moderately High Risk

Dynamic Asset Allocation or Balanced Advantage :Dynamic Asset Allocation or Balanced Advantage : The fund has 68.8% investment in domestic equities of which 33.92% is in Large Cap stocks, 6.56% is in Mid Cap stocks, 4.74% in Small Cap stocks.The fund has 29.05% investment in Debt, of which 13.8% in Government securities, 15.25% is in Low Risk securities.

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This Scheme

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NIFTY 50 Hybrid Composite Debt 50:50 Index

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17.9%
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-1.31%

-1.69%

1.32%

7.88%

8.56%

11.89%

10.77%

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Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 29th January, 2026)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	22-Jan-26	10010.30	0.10%	-	0.28%	27/35
1 Month	29-Dec-25	9828.00	-1.72%	-	-1.31%	29/35
3 Month	29-Oct-25	9824.00	-1.76%	-	-1.69%	23/35
6 Month	29-Jul-25	9998.60	-0.01%	-	1.32%	29/35
YTD	01-Jan-26	9786.20	-2.14%	-	-1.75%	26/35
1 Year	29-Jan-25	10617.90	6.18%	6.18%	7.88%	26/34
2 Year	29-Jan-24	11787.20	17.87%	8.56%	8.56%	20/31
3 Year	27-Jan-23	14352.60	43.53%	12.76%	13.35%	17/26
5 Year	29-Jan-21	16369.40	63.69%	10.35%	11.89%	16/19
10 Year	29-Jan-16	25491.70	154.92%	9.80%	11.58%	9/11
Since Inception	01-Jan-13	41902.00	319.02%	11.57%	10.77%	15/35

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 29th January, 2026)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	29-Jan-25	12000	12233.28	1.94 %	3.6 %
2 Year	29-Jan-24	24000	25230.13	5.13 %	4.87 %
3 Year	27-Jan-23	36000	41252.02	14.59 %	9.02 %
5 Year	29-Jan-21	60000	77385.06	28.98 %	10.1 %
10 Year	29-Jan-16	120000	203064.81	69.22 %	10.14 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Portfolio (Updated on 31st Dec,2025)

Portfolio Turnover Ratio : 372.00% | Category average turnover ratio is 273.10%

Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)

Equity Holding : 68.80% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 68.80%

No of Stocks : 51 (Category Avg - 77.51) | Large Cap Investments : 33.92%| Mid Cap Investments : 6.56% | Small Cap Investments : 4.74% | Other : 23.58%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
ICICI Bank Ltd.	Private sector bank	978	6.18%	-0.99%	7.91% (Apr 2025)	5.76% (Jan 2025)	7.28 L	-0.94 L
HDFC Bank Ltd.	Private sector bank	829.1	5.24%	-0.08%	7.11% (Apr 2025)	2.29% (Jan 2025)	8.37 L	-3.30 k
Axis Bank Ltd.	Private sector bank	821.9	5.20%	-0.01%	5.29% (Jun 2025)	2.66% (Jan 2025)	6.48 L	0.00
Kotak Mahindra Bank Ltd.	Private sector bank	471	2.98%	1.13%	2.98% (Dec 2025)	1.39% (Jan 2025)	2.14 L	75.20 k
Aurobindo Pharma Ltd.	Pharmaceuticals	437.9	2.77%	-0.08%	2.91% (Apr 2025)	2.44% (Aug 2025)	3.70 L	550.00
Tata Power Co. Ltd.	Integrated power utilities	393.6	2.49%	-0.05%	2.7% (Jun 2025)	2.49% (Dec 2025)	10.37 L	0.00
Infosys Ltd.	Computers - software & consulting	363.5	2.30%	0.34%	4.61% (Apr 2025)	1.96% (Nov 2025)	2.25 L	25.00 k
Shriram Finance Ltd.	Non banking financial company (nbfc)	348.7	2.20%	0.33%	2.2% (Dec 2025)	1.47% (Jan 2025)	3.50 L	0.00
Reliance Industries Ltd.	Refineries & marketing	342	2.16%	0.01%	2.98% (Jan 2025)	1.77% (Jul 2025)	2.18 L	0.00
ITC Limited	Diversified fmcg	309.5	1.96%	-0.02%	2.45% (Jun 2025)	0.64% (Jan 2025)	7.68 L	-0.13 L

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

No of Debt Holding 18 (Category Avg - 31.14) | Modified Duration 3.14 Years (Category Avg - 3.06)| Yield to Maturity 6.62% (Category Avg - 6.72%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	13.80%	8.71%
CD	0.00%	0.43%
T-Bills	0.00%	0.93%
NCD & Bonds	12.02%	11.03%
CP	0.00%	0.28%
PTC	3.23%	0.27%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	13.80%	9.64%
Low Risk	15.25%	11.10%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	1.54%
Net Receivables	Net Receivables	0.61%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st December, 2025)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

5.52vs6.78

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

0.7vs0.87

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

1.04vs0.97

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.08vs0.07

Category Avg
Jensen's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

1.67vs1.53

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth	NA	70534.59	-0.69	-0.02	4.48	12.43	14.18
Bank of India Balanced Advantage Fund - Direct Plan - Growth	NA	146.37	-0.08	0.18	4.75	11.77	12.64
Baroda BNP Paribas Balanced Advantage Fund - Direct - Growth	NA	4748.18	-1.46	-1.08	1.72	11.45	15.52
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan - Growth	NA	8944.34	-0.88	-0.43	2.76	11.27	14.38
SBI Balanced Advantage Fund - Direct Plan - Growth	NA	39914.31	-0.32	0.49	4.53	11.26	15.09
Mirae Asset Balanced Advantage Fund - Direct Plan - Growth	NA	2021.33	-0.47	0.05	2.95	11.01	14.26
Bajaj Finserv Balanced Advantage - Direct Plan - Growth	NA	1314.66	-0.99	-0.72	3.48	10.49	0.00
WhiteOak Capital Balanced Advantage Fund - Direct Plan - Growth	NA	2119.38	-1.24	-1.54	1.47	9.85	0.00
DSP Dynamic Asset Allocation Fund - Direct Plan - Growth	NA	3708.72	-0.67	0.14	3.03	9.76	13.97
Edelweiss Balanced Advantage Fund - Direct Plan - Growth	NA	13375.72	-0.84	-1.00	3.42	9.68	14.14

Detailed Comparison

More Funds from L&T Mutual Fund

Out of 44 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 6 is/are ranked 4 * , 12 is/are ranked 3 * , 3 is/are ranked 2 * , 3 is/are ranked 1 * , and 19 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HSBC Liquid Fund - Direct Plan - Growth	3	17937.83	0.47	1.44	2.89	6.45	7.02
HSBC Small Cap Fund - Direct Plan - Growth	1	15968.70	-5.98	-10.21	-10.55	-3.52	18.00
HSBC Value Fund - Direct Plan - Growth	4	14752.64	0.11	0.01	3.18	14.77	25.10
HSBC Mid Cap Fund - Direct Plan - Growth	3	12439.62	-1.77	-2.39	2.78	14.68	26.04
HSBC Corporate Bond Fund - Direct Plan - Growth	4	6291.55	-0.12	0.54	2.05	7.45	7.65
HSBC Aggressive Hybrid Fund - Direct - Growth	2	5569.07	-1.87	-4.21	0.39	9.73	16.90
HSBC Multi Cap Fund - Direct Plan - Growth	NA	5315.11	-2.44	-3.87	0.26	8.86	0.00
HSBC Flexi Cap Fund - Direct Plan - Growth	3	5227.12	-2.00	-4.68	-1.11	8.37	20.26
HSBC Money Market Fund - Direct Plan - Growth	4	4894.59	0.33	1.31	2.81	7.19	7.42
HSBC Large & Midcap Fund - Direct Plan - Growth	2	4657.66	-1.26	-3.40	2.39	10.72	22.19