HybridDynamic Asset Allocation or Balanced AdvantageRegularGrowthHigh

HSBC Balanced Advantage Fund

Q: What is the NAV of HSBC Balanced Advantage Fund?

As of 01 Oct 2026, the NAV of HSBC Balanced Advantage Fund is ₹43.11 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has HSBC Balanced Advantage Fund delivered?

HSBC Balanced Advantage Fund has returned -0.81% over 1 year, +7.45% per year over 3 years and +8.38% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund charges an expense ratio of 2.47% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund's largest holdings are HDFC Bank Limited (6.1%), ICICI Bank Limited (5.1%), Reliance Industries Limited (4.2%), Aurobindo Pharma Limited (4.1%) and Axis Bank Limited (3.6%). Holdings are disclosed monthly and change over time.

Q: How risky is HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 7.1% and its worst peak-to-trough fall in our sample was -8.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.13 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. HSBC Balanced Advantage Fund's 0.13 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund is benchmarked against the NIFTY 50 Composite Hybrid Debt 50:50 Index. Its alpha and beta on this page are measured against that index.

Q: Who manages HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund is managed by Mayank Chaturvedi, Mohd Asif Rizwi, Mahesh Chhabria, Praveen Ayathan, Neelotpal Sahai and Prakriti Banka at HSBC.

Q: How is HSBC Balanced Advantage Fund taxed?

HSBC Balanced Advantage Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

HSBC Mutual Fund · Best Balanced Advantage Mutual Funds

NAV

₹43.11

-0.43% 1D

as of 01 Oct 2026

This is the Regular plan of HSBC Balanced Advantage Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-0.23%CAGR

52-week rangePrev NAV ₹43.30

Latest ₹43.11

Low ₹41.1055th percentile of its 52-week rangeHigh ₹44.75

Scorecard

★★★☆☆3/5 vs 30 of 36 Dynamic Asset Allocation or Balanced Advantage peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Dynamic Asset Allocation or Balanced Advantage (same plan and option). 30 of the 36 Dynamic Asset Allocation or Balanced Advantage funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +7.45% · ranks 16 of 30 Dynamic Asset Allocation or Balanced Advantage funds

RiskLow

Volatility 7.1% vs 8.5% category avg

CostAverage

2.5% expense vs 2.3% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Stronger risk-adjusted returns — Sharpe 0.13 vs 0.10 Dynamic Asset Allocation or Balanced Advantage average
Less volatile than its Dynamic Asset Allocation or Balanced Advantage peers (7.1% vs 8.5%)
Consistent — positive in 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.47%

Category 2.29%▲0.18%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

21.50

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.13

Category 0.10▲0.03

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

If the units redeemed or switched out are upto 10% of the units purchased or switched in (the limit) within 1 year from the date of allotment - Nil • If units redeemed or switched out are over and above the limit within 1 year from the date of allotment - 1% • If units are redeemed or switched out on or after 1 year from the date of allotment. - Nil

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

NIFTY 50 Composite Hybrid Debt 50:50 Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

28 Nov 2022

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-2.85%

Absolute return over the last 3 months (not annualized)

-1.39%

Absolute return over the last 6 months (not annualized)

+4.09%

Absolute return since 1 Jan of this year (not annualized)

-2.30%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-0.81%

3-year annualized return (CAGR)

+7.45%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+8.38%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

7.11%

Excess return per unit of total volatility (rf = 6.5%)

0.13

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.18

Largest peak-to-trough decline over full history

-8.94%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

1.02%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

0.51

How much of the fund's movement Nifty 50 TRI explains

79.1%

Excess return per unit of beta (market risk)

2.20

Active return over the benchmark per unit of tracking error

0.18

Annualized std dev of fund-minus-benchmark returns

7.89%

Fund's share of benchmark gains in up months (100 = matches index)

64.4%

Fund's share of benchmark losses in down months (lower is better)

42.9%

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Dynamic Asset Allocation or Balanced Advantage)

Period	Fund	Category avg.	Diff
1M abs	-2.85%	-3.67%	+0.82%
3M abs	-1.39%	-2.36%	+0.97%
6M abs	+4.09%	+3.99%	+0.10%
1Y CAGR	-0.81%	-0.84%	+0.03%
3Y CAGR	+7.45%	+7.28%	+0.17%
5Y CAGR	—	+7.15%	—

Category average across peers in Dynamic Asset Allocation or Balanced Advantage (up to 36 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 36 peers in Dynamic Asset Allocation or Balanced Advantage

1Y return

-0.81%

Beats 48.6% · rank #19

3Y return

+7.45%

Beats 48.3% · rank #16

5Y return

—

Sharpe

0.13

Beats 51.7% · rank #15

Sortino

0.18

Beats 51.7% · rank #15

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.74L

Absolute

+3.91%

XIRR

+2.65%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into HSBC Balanced Advantage Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50 TRI	Diff
2026part	-2.30%	-12.85%	+10.55%
2025	+2.83%	+11.97%	-9.14%
2024	+15.39%	+10.16%	+5.23%
2023	+17.97%	+21.69%	-3.72%
2022part	-0.38%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

948

Expense ratio

2.47%

AUM

₹1,502Cr

Portfolio turnover

49%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

21.5

P/B ratio

4.5

Avg market cap

₹4,42,522Cr

P/E & P/B are portfolio-weighted harmonic means across 48 of 57 equity holdings (66% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Dynamic Asset Allocation or Balanced Advantage

Compare all


HSBC Balanced Advantage FundThis fund HSBC · Regular · Growth	★★★☆☆	-0.81%	+7.45%	—	—	2.47%	₹1,502Cr
quant Dynamic Asset Allocation Fund quant · Regular · Growth	★★★☆☆	-3.55%	+10.47%	—	—	3.00%	₹902.64Cr
Aditya Birla Sun Life Balanced Advantage Fund Aditya Birla Sun Life · Regular · Growth	★★★★☆	+3.30%	+9.63%	+8.41%	—	1.95%	₹9,211Cr
Baroda BNP Paribas Balanced Advantage Fund Baroda BNP Paribas · Regular · Growth	★★★★☆	+1.91%	+9.48%	+8.94%	—	2.04%	₹4,798Cr
ICICI Prudential Balanced Advantage Fund ICICI Prudential · Regular · Growth	★★★★★	+1.00%	+9.48%	+9.34%	—	1.56%	₹70,787Cr
Axis Balanced Advantage Fund Axis · Regular · Growth	★★★★☆	-0.57%	+9.44%	+7.78%	—	2.15%	₹3,759Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap67.9%
Mid cap22.4%
Small cap9.7%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity73.11%
Debt24.84%
Cash & Equivalents2.05%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
HSBC Large Cap Fund HSBC · Large Cap Fund	55.7%	★★☆☆☆	1.41%	+9.04%
Taurus Nifty 50 Index Fund Taurus · Index Funds	54.2%	★★☆☆☆	0.86%	+4.77%
360 ONE ELSS Tax Saver Nifty 50 Index Fund 360 One · Index Funds	54.2%	★★☆☆☆	0.37%	+5.47%
Franklin India NSE Nifty 50 Index Fund Franklin Templeton · Index Funds	54.2%	★★★☆☆	0.31%	+5.50%
Aditya Birla Sun Life Nifty 50 Index Fund Aditya Birla Sun Life · Index Funds	54.2%	★★★☆☆	0.23%	+5.50%
ICICI Prudential Nifty 50 Index Fund ICICI Prudential · Index Funds	54.2%	★★★☆☆	0.24%	+5.46%
DSP Nifty 50 Index Fund DSP · Index Funds	54.2%	★★★☆☆	0.22%	+5.54%
Mirae Asset Nifty 50 Index Fund Mirae Asset · Index Funds	54.2%	★★☆☆☆	0.24%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

2 holdings — 1.53% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Sterlite Technologies LimitedLong-term · Stage IV1.44%
Optiemus Infracom LimitedShort-term · Stage I0.09%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-8.9%11 Dec 2024 → 03 Mar 2025
Fell over 3 months, back to the old high on 18 Sep 2025 — 7 months under water after the low.
-7.3%02 Jan 2026 → 30 Mar 2026
Fell over 3 months, back to the old high on 03 Aug 2026 — 4 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹1,502Cr

April - June 2026

-2%

since January - March 2026

+₹3.65Cr

est. net flow, last quarter

At or near its largest, ₹1,531Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

HSBC Mutual Fund is the Indian arm of HSBC Asset Management and has operated here since 2002. It roughly tripled in size by acquiring L&T Mutual Fund in 2022 and merging the two line-ups.

Launched

26 May 2002

Total AUM

₹1,56,995Cr+9.8% QoQ

Avg AUM · July - September 2026

Website

assetmanagement.hsbc.co.in/en

Fund Managers

MCMayank ChaturvediStart date not disclosed

Education

Chartered Accountant (ICAI) CFA Level 2 (Charlottsville, USA) B.Com (Ahmedabad University)

Experience

Around 5 years of experience HSBC Asset Management (India) Private Limited as Vice President - Equity (Since September 2023 onwards) Prior Assignments: • Equirus Securities – Equity Research Analyst from December 2019 to August 2023. Fund Manager Gautam Bhupal (Equity), Shriram Ramanathan & Mohd. Asif Rizwi (Fixed Income) and Mayank Chaturvedi (Foreign Securities) Neelotpal Sahai & Prakriti Banka (Equity), Praveen Ayathan (Arbitrage portion), Mahesh Chhabria & Mohd. Asif Rizwi (Fixed Income) and Mayank Chaturvedi (Overseas Investments) Mahesh Chhabria & Mohd. Asif Rizwi (Fixed Income), Cheenu Gupta & Abhishek Gupta (Equity) and Mayank Chaturvedi (Foreign Securities) Anish Goenka (Equity) and Mayank Chaturvedi (Foreign Securities) Abhishek Gupta (Equity) and Mayank Chaturvedi (Foreign Securities) Cheenu Gupta (Equity), Praveen Ayathan (Arbitrage) Mahesh Chhabria & Mohd. Asif Rizwi (Fixed Income) and Mayank Chaturvedi (Foreign Securities) Gautam Bhupal & Harsh Shah, (Equity) and Mayank Chaturvedi (Foreign Securities) Abhishek Gupta (Equity) and Mayank Chaturvedi (Foreign Securities) Neelotpal Sahai & Sonal Gupta (Equity) and Mayank Chaturvedi (Foreign Securities) Abhishek Gupta (Equity), Siddharth Vora (Equity) and Mayank Chaturvedi (Foreign Securities) Venugopal Manghat & Gautam Bhupal (Equity) and Mayank Chaturvedi (Foreign Securities) Cheenu Gupta (Equity) and Mayank Chaturvedi (Foreign Securities) Neelotpal Sahai (Equity) and Mayank Chaturvedi (Foreign Securities) Cheenu Gupta (Equity) and Mayank Chaturvedi (Foreign Securities) Gautam Bhupal PUBLIC Fund Manager Cheenu Gupta (Equity), Mahesh Chhabria & Mohd. Asif Rizwi (Fixed Income), Dipan Parikh (Gold / Silver ETFs) and Mayank Chaturvedi (Foreign Securities) Venugopal Manghat (Equity), Mahesh Chhabria (Fixed Income) and Mayank Chaturvedi (Foreign Securities) Venugopal Manghat and Mayank Chaturvedi (Foreign Securities) Gautam Bhupal (Equity) and Mayank Chaturvedi (Foreign Securities) Venugopal Manghat and Mayank Chaturvedi (Foreign Securities)

Funds managed (14)

All schemes Mayank Chaturvedi runs →

MRMohd Asif RizwiStart date not disclosed

Role

VP Dealing Fixed Income

Education

PUBLIC PGDM from IIM Calcutta & B. Tech (Chemical Engineering) from IIT Bombay

Experience

Over 16 years of experience HSBC Asset Management (India) Private. Limited as SVP - Fund Management - Fixed Income (Since January 16, 2024) as SVP - Dealing - Fixed Income (from March 1, 2023 to January 15, 2024) as VP - Dealing - Fixed Income (from November 26, 2022 to February 28, 2023) Prior Assignments: L&T Investment Management Ltd. as Senior Dealer in Fixed Income since May 11, 2020 to November 25, 2022 Yes Bank Ltd as Executive Vice President from April 2020, 2015 to May 08, 2020. ICICI Bank Ltd. as Senior Manager from May 9, 2012 to April 18, 2015. Deutsche Bank Global Markets Centre as Senior Analyst from July 2007 to May 2010.

Funds managed (14)

All schemes Mohd Asif Rizwi runs →

MCMahesh ChhabriaStart date not disclosed

Role

VP Fund Management Fixed Income

Education

Masters in Management Studies (M.M.S)

Experience

Over 15 years of experience HSBC Asset Management (India) Private Limited as SVP - Fund Management - Fixed Income (Since March 01, 2024) as VP - Fund Management - Fixed Income (from November 26, 2022 – February 28, 2024) Prior Assignments: L&T Investment Management Ltd Fixed Income – Fund Manager from November 25, 2021 to November 25, 2022. L&T Investment Management Ltd Dealer in Fixed Income since June, 2015 till November 24, 2021 Edelweiss Securities Ltd Fixed Income dealer from October 2013 - June 2015 Derivium Traditions Pvt. Ltd. Fixed Income dealer from February 2013- October 2013 L&T Investment Management Ltd. Associate in Investment Operations from November 2012 – February 2013. FIL Fund Management Pvt. Ltd. Associate in Investment Operations from August 2010 – November, 2012 Edelweiss Securities Limited as Equity dealer from March 2007 to May 2014. Karvy Stock Broking Limited as Equity dealer from June 2005 to March 2007

Funds managed (11)

All schemes Mahesh Chhabria runs →

PAPraveen AyathanStart date not disclosed

Role

SVP & Head Dealing Equities

Education

B.Sc (Mathematics)

Experience

Over 33 years of experience in areas of research and Fund Management. HSBC Asset Management (India) Private Limited SVP and Head Dealing – Equity (Since November 26, 2022) Prior Assignments: L&T Investment Management Limited Chief Dealer – Equity from July 2012 to November 25, 2022 Kotak Mahindra Asset Management Company Limited Head – Equity Dealing from September 2005 to July 2012 Dalal & Broacha stock broking Private Limited Institutional Head – Equity from May 2000 to September 2005

Funds managed (4)

All schemes Praveen Ayathan runs →

NSNeelotpal SahaiStart date not disclosed

Role

Senior Vice President & Head – Equities

Education

B.Tech, PGDM (IIM Kolkata)

Experience

Over 31 years of experience in research and Fund Management HSBC Asset Management (India) Private Ltd. Director Indian Equities and Head Offshore Advisory (Since March 2020) Senior Vice President and Head of Equities from September 2017 till February 2020 Senior Fund Manager – Equities from April 2013 to August 2017. IDFC Asset Management Company Ltd. Director from February 2006 to April 2013 Motilal Oswal Securities Ltd. Senior Research Analyst from 2005 to January 2006 Infosys Ltd. Senior Project Manager from June 1999 to March 2005 Vickers Ballas Securities Ltd. Analyst from September 1998 to June 1999 SBC Warburg Analyst from May 1997 to May 1998 UTI Securities Ltd. Equity Analyst from June 1995 to May 1997 HCL HP Ltd. Senior Management Trainee from May 1994 to June 1995 Infosys Ltd. Software Programmer from July 1991 to June 1992

Funds managed (2)

All schemes Neelotpal Sahai runs →

PBPrakriti BankaStart date not disclosed

Education

BE (Electronics and Telecom, Mumbai University), MBA (IMT, Ghaziabad), CFA (CFA Institute)

Experience

UTI Securities Ltd. Equity Analyst from June 1995 to May 1997. HCL HP Ltd. Senior Management Trainee from May 1994 to June 1995. Infosys Ltd. Software Programmer from July 1991 to June 1992. Around 15 years of experience HSBC Asset Management (India) Private Limited as Vice President – Equity (Since April 25, 2022) Prior Assignments: • PGIM India Asset Management Pvt Ltd – Senior Manager - Equity from November 2012 to March 2020. • Avendus Securities Ltd – Associate - Institutional Equity Sales from February 2011 to November 2012. • Yes Bank Limited – Associate - Corporate Banking from December 2009 to - February 2011.

All schemes Prakriti Banka runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Mayank Chaturvedi Mohd Asif Rizwi Mahesh Chhabria Praveen Ayathan Neelotpal Sahai

Top holdings

HDFC Bank Limited ICICI Bank Limited Reliance Industries Limited Aurobindo Pharma Limited Axis Bank Limited Larsen & Toubro Limited DLF Limited Kotak Mahindra Bank Limited Eternal Limited Shriram Finance Limited Bharti Airtel Limited The Tata Power Company Limited

HSBC in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Balanced Advantage funds

Balanced advantage (dynamic asset allocation) funds move between equity and debt based on market valuations, adding more stocks when they look cheap and trimming when they look dear. The goal is a smoother ride.

Frequently asked questions

What is the NAV of HSBC Balanced Advantage Fund?

As of 01 Oct 2026, the NAV of HSBC Balanced Advantage Fund is ₹43.11 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has HSBC Balanced Advantage Fund delivered?

HSBC Balanced Advantage Fund has returned -0.81% over 1 year, +7.45% per year over 3 years and +8.38% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund charges an expense ratio of 2.47% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund's largest holdings are HDFC Bank Limited (6.1%), ICICI Bank Limited (5.1%), Reliance Industries Limited (4.2%), Aurobindo Pharma Limited (4.1%) and Axis Bank Limited (3.6%). Holdings are disclosed monthly and change over time.

How risky is HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 7.1% and its worst peak-to-trough fall in our sample was -8.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.13 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. HSBC Balanced Advantage Fund's 0.13 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund is benchmarked against the NIFTY 50 Composite Hybrid Debt 50:50 Index. Its alpha and beta on this page are measured against that index.

Who manages HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund is managed by Mayank Chaturvedi, Mohd Asif Rizwi, Mahesh Chhabria, Praveen Ayathan, Neelotpal Sahai and Prakriti Banka at HSBC.

How is HSBC Balanced Advantage Fund taxed?

HSBC Balanced Advantage Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.