HSBC Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹43.78+0.03%1 day
- Return since launch
- 10.0%
- 52-week range
- ₹41.10 — ₹44.75
- AUM
- ₹1,522 Cr
HSBC Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from HSBC Mutual Fund with ₹1,522 Cr under management, launched in 2011. Over three years it has returned 4.0% a year, against 8.3% for its category. The expense ratio is 2.48% and the SEBI riskometer reading is Very High.
Performance
HSBC Balanced Advantage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.3% against +1.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.4% | 0.0 pts | 1.5% | 0.2% |
| 2Y | 2.1% | +0.3 pts | 1.8% | 1.9% |
| 3Y | 4.0% | −4.3 pts | 8.3% | 3.8% |
| 5Y | 7.1% | −0.6 pts | 7.8% | 7.2% |
| 7Y | 7.9% | −1.3 pts | 9.2% | 8.6% |
| 10Y | 8.0% | −1.2 pts | 9.2% | 8.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.8% | +0.5 pts | -2.4% | -2.3% |
| 3M | 0.1% | +0.3 pts | -0.2% | -0.2% |
| 6M | 5.3% | −0.3 pts | 5.7% | 5.7% |
| 1Y | 1.3% | −0.2 pts | 1.5% | 1.5% |
| 2Y | 1.1% | +1.1 pts | 0.0% | 0.3% |
| 3Y | 8.2% | −0.1 pts | 8.3% | 7.9% |
| 5Y | 7.0% | −0.8 pts | 7.8% | 7.4% |
| 7Y | 8.6% | −1.4 pts | 10.0% | 9.5% |
| 10Y | 7.9% | −1.3 pts | 9.2% | 8.8% |
Since launch (17 Jan 2011): 10.0%
Calendar-year returns
Category average12.8%
8.4%
1.8%
18.0%
15.3%
2.8%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 2.8% | −3.8 pts | 6.7% |
| 2024 | 15.3% | +1.1 pts | 14.2% |
| 2023 | 18.0% | −2.0 pts | 20.0% |
| 2022 | 1.8% | −3.2 pts | 5.1% |
| 2021 | 8.4% | −8.3 pts | 16.6% |
| 2020 | 12.8% | −1.6 pts | 14.4% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.48%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.82%
- Brokerage
- 0.07%
- Transaction charges
- 0.01%
- Statutory levies
- 0.58%
- Exit load
- Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.89 | 1.29 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.42 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.55 | 0.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 7.79 | 10.95 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
HSBC Balanced Advantage Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity52.6%
- Debt24.9%
- Other22.5%
Market cap split
- Large68.3%
- Mid18.3%
- Small13.4%
- P/E
- 24.50
- P/B
- 3.09
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 22.51% | ₹343 Cr | +75.74% | +85.89% | +82.10% |
| ICICI Bank Ltd. | Financial | 5.38% | ₹81.92 Cr | -1.88% | -0.77% | -6.05% |
| HDFC Bank Ltd. | Financial | 4.41% | ₹67.13 Cr | -4.00% | -3.84% | -5.84% |
| Reliance Industries Ltd. | Energy | 4.19% | ₹63.85 Cr | +3.10% | +1.98% | +2.18% |
| REC Ltd. | Financial | 3.67% | ₹55.80 Cr | +3.46% | +3.40% | +3.28% |
| National Bank For Agriculture & Rural Development | Financial | 3.35% | ₹51.06 Cr | +1.65% | +2.26% | +1.69% |
| Larsen & Toubro Ltd. | Construction | 2.66% | ₹40.45 Cr | +2.19% | +2.23% | +1.51% |
| Shriram Finance Ltd | Financial | 2.19% | ₹33.30 Cr | +2.22% | +2.46% | +1.49% |
| India Universal Trust AL1 | Others | 1.63% | ₹24.78 Cr | +1.67% | +1.67% | +1.70% |
| Siddhivinayak Securitisation Trust | Others | 1.63% | ₹24.77 Cr | +1.66% | +1.65% | — |
| Eternal Ltd. | Services | 1.63% | ₹24.74 Cr | -2.20% | -3.05% | +3.03% |
| Infosys Ltd. | Technology | 1.49% | ₹22.68 Cr | +1.56% | +1.69% | -2.09% |
| Sterlite Technologies Ltd. | Communication | 1.44% | ₹21.85 Cr | — | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.40% | ₹21.33 Cr | +1.33% | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.33% | ₹20.18 Cr | +1.18% | +0.86% | +1.38% |
| RBL Bank Ltd. | Financial | 1.25% | ₹19.02 Cr | +1.16% | +1.04% | — |
| Bharti Airtel Ltd. | Communication | 1.16% | ₹17.70 Cr | +2.45% | — | — |
| R R Kabel Ltd. | Consumer Discretionary | 1.15% | ₹17.57 Cr | +1.03% | — | — |
| Polycab India Ltd. | Capital Goods | 1.12% | ₹17.00 Cr | +1.27% | -1.46% | -0.53% |
| Aditya Vision Ltd. | Services | 1.08% | ₹16.51 Cr | +0.99% | +0.87% | +0.81% |
| State Bank of India | Financial | 1.05% | ₹15.94 Cr | -0.86% | -2.92% | -2.44% |
| GE Vernova T&D India Ltd | Capital Goods | 1.02% | ₹15.56 Cr | +1.38% | +1.00% | +0.80% |
| Sri Lotus Developers and Realty Ltd. | Construction | 1.02% | ₹15.54 Cr | +0.92% | +0.92% | +1.17% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.98% | ₹14.89 Cr | -0.33% | -0.36% | +1.28% |
| Tata Motors Ltd. | Automobile | 0.93% | ₹14.13 Cr | +0.51% | +0.66% | — |
| Swiggy Ltd. | Services | 0.93% | ₹14.10 Cr | +0.86% | +0.98% | +1.05% |
| Manipal Health Enterprises Ltd. | Healthcare | 0.87% | ₹13.31 Cr | — | — | — |
| JSW Steel Ltd. | Metals & Mining | 0.86% | ₹13.08 Cr | +0.86% | — | — |
| Abbott India Ltd. | Healthcare | 0.85% | ₹12.93 Cr | +0.90% | +0.86% | +1.01% |
| Eicher Motors Ltd. | Automobile | 0.78% | ₹11.93 Cr | +0.72% | +0.78% | +0.59% |
| Sundaram Finance Ltd. | Financial | 0.75% | ₹11.35 Cr | — | — | — |
| Meesho Ltd. | Services | 0.74% | ₹11.30 Cr | — | +0.16% | — |
| Time Technoplast Ltd. | Materials | 0.74% | ₹11.23 Cr | +0.94% | +0.96% | +1.18% |
| NTPC Ltd. | Energy | 0.70% | ₹10.64 Cr | +0.84% | +0.62% | +0.63% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.70% | ₹10.63 Cr | +0.70% | +0.68% | +0.67% |
| Ashok Leyland Ltd. | Automobile | 0.69% | ₹10.54 Cr | +0.47% | +0.76% | — |
| Max Healthcare Institute Ltd. | Healthcare | 0.68% | ₹10.42 Cr | +0.97% | +1.07% | +1.11% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.68% | ₹10.38 Cr | +0.18% | — | — |
| GOI | Sovereign | 0.67% | ₹10.27 Cr | +0.70% | +1.02% | +0.67% |
| Tech Mahindra Ltd. | Technology | 0.64% | ₹9.77 Cr | +0.60% | +0.53% | +0.43% |
| HDFC Asset Management Company Ltd. | Financial | 0.60% | ₹9.18 Cr | +0.54% | — | — |
| Ultratech Cement Ltd. | Materials | 0.60% | ₹9.16 Cr | +0.62% | +0.33% | — |
| CarTrade Tech Ltd. | Services | 0.59% | ₹8.97 Cr | — | — | — |
| PNB Housing Finance Ltd. | Financial | 0.57% | ₹8.62 Cr | +0.69% | +0.54% | — |
| Mphasis Ltd. | Technology | 0.56% | ₹8.50 Cr | +0.26% | — | — |
| 360 One Wam Ltd. | Financial | 0.54% | ₹8.23 Cr | +0.37% | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 0.51% | ₹7.83 Cr | +0.55% | — | — |
| Devyani International Ltd. | Services | 0.46% | ₹6.94 Cr | +0.39% | +0.42% | — |
| Vinati Organics Ltd. | Chemicals | 0.44% | ₹6.65 Cr | +0.44% | +0.48% | +0.55% |
| Bharat Bijlee Ltd. | Capital Goods | 0.39% | ₹5.91 Cr | +0.47% | +0.40% | +0.48% |
| Safari Industries (India) Ltd. | Consumer Discretionary | 0.30% | ₹4.53 Cr | +0.30% | +0.35% | +0.48% |
| company:11921 | Financial | 0.27% | ₹4.09 Cr | — | — | — |
| UNO Minda Ltd. | Automobile | 0.15% | ₹2.23 Cr | +0.13% | — | — |
| Optiemus Infracom Ltd. | Services | 0.09% | ₹1.44 Cr | — | — | — |
| Axis Bank Ltd. | Financial | 0.08% | ₹1.23 Cr | -9.19% | -11.74% | -5.90% |
| DLF Ltd. | Construction | 0.06% | ₹0.99 Cr | -4.90% | -5.39% | -3.71% |
| Aurobindo Pharma Ltd. | Healthcare | 0.06% | ₹0.90 Cr | -7.05% | -5.96% | -4.92% |
| Bharat Electronics Ltd. | Capital Goods | -0.00% | ₹-0.01 Cr | -3.49% | -3.63% | -0.57% |
| United Spirits Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -0.89% | -2.07% | -1.94% |
| Hindalco Industries Ltd. | Metals & Mining | -0.01% | ₹-0.10 Cr | -1.60% | -1.27% | -0.95% |
| ITC Ltd. | Consumer Staples | -0.02% | ₹-0.26 Cr | -1.11% | -1.17% | -4.83% |
| Hindustan Unilever Ltd. | Consumer Staples | -0.02% | ₹-0.27 Cr | -1.77% | — | — |
| Tata Power Company Ltd. | Energy | -0.02% | ₹-0.29 Cr | -4.58% | -4.30% | -5.01% |
| Kotak Mahindra Bank Ltd. | Financial | -0.04% | ₹-0.67 Cr | -5.36% | -4.68% | -4.16% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 17.07% | 20.47% | +3.40% |
| Bharti Airtel Ltd. | 1.29% | -0.82% | -2.11% |
| Maharashtra State | 1.70% | 0.00% | -1.70% |
| Axis Bank Ltd. | -2.40% | -3.55% | -1.15% |
| HDFC Bank Ltd. | -0.78% | -1.70% | -0.92% |
| Manipal Health Enterprises Ltd. | 0.33% | 0.87% | +0.54% |
| Reliance Industries Ltd. | 4.71% | 4.19% | -0.52% |
| Varun Beverages Ltd. | 0.43% | 0.00% | -0.43% |
| Max Healthcare Institute Ltd. | 1.08% | 0.68% | -0.39% |
| CarTrade Tech Ltd. | 0.27% | 0.59% | +0.32% |
| Kotak Mahindra Bank Ltd. | -2.25% | -2.56% | -0.31% |
| Aurobindo Pharma Ltd. | -3.79% | -4.06% | -0.27% |
| company:11921 | 0.00% | 0.27% | +0.27% |
| Sterlite Technologies Ltd. | 1.17% | 1.44% | +0.27% |
| Optiemus Infracom Ltd. | 0.31% | 0.09% | -0.22% |
| Shriram Finance Ltd | 2.40% | 2.19% | -0.21% |
| Tata Power Company Ltd. | -2.02% | -1.86% | +0.16% |
| Tata Consumer Products Ltd. | 0.53% | 0.68% | +0.15% |
| REC Ltd. | 1.75% | 1.62% | -0.13% |
| R R Kabel Ltd. | 1.28% | 1.15% | -0.12% |
| Ashok Leyland Ltd. | 0.82% | 0.69% | -0.12% |
| PNB Housing Finance Ltd. | 0.69% | 0.57% | -0.12% |
| Radico Khaitan Ltd. | 1.42% | 1.33% | -0.10% |
| Sri Lotus Developers and Realty Ltd. | 1.11% | 1.02% | -0.09% |
| Meesho Ltd. | 0.66% | 0.74% | +0.09% |
| Devyani International Ltd. | 0.37% | 0.46% | +0.08% |
| Time Technoplast Ltd. | 0.82% | 0.74% | -0.08% |
| ICICI Bank Ltd. | 4.98% | 5.06% | +0.08% |
| Larsen & Toubro Ltd. | 2.58% | 2.66% | +0.08% |
| Polycab India Ltd. | 1.19% | 1.12% | -0.08% |
| Tata Motors Ltd. | 0.86% | 0.93% | +0.07% |
| Aditya Vision Ltd. | 1.15% | 1.08% | -0.06% |
| Abbott India Ltd. | 0.91% | 0.85% | -0.06% |
| DLF Ltd. | -2.48% | -2.54% | -0.06% |
| Mahindra & Mahindra Ltd. | 1.45% | 1.40% | -0.05% |
| SBI Life Insurance Company Ltd. | 0.55% | 0.51% | -0.04% |
| NTPC Ltd. | 0.74% | 0.70% | -0.04% |
| Hindustan Unilever Ltd. | -0.84% | -0.81% | +0.04% |
| Eternal Ltd. | -0.54% | -0.58% | -0.04% |
| GE Vernova T&D India Ltd | 0.99% | 1.02% | +0.03% |
| Hindalco Industries Ltd. | -0.59% | -0.62% | -0.03% |
| ITC Ltd. | -0.49% | -0.46% | +0.03% |
| JSW Steel Ltd. | 0.83% | 0.86% | +0.03% |
| Bharat Bijlee Ltd. | 0.41% | 0.39% | -0.03% |
| Ultratech Cement Ltd. | 0.62% | 0.60% | -0.02% |
| Mphasis Ltd. | 0.54% | 0.56% | +0.02% |
| 360 One Wam Ltd. | 0.52% | 0.54% | +0.02% |
| RBL Bank Ltd. | 1.23% | 1.25% | +0.02% |
| Sundaram Finance Ltd. | 0.76% | 0.75% | -0.02% |
| Bharat Electronics Ltd. | -0.26% | -0.28% | -0.02% |
| Eicher Motors Ltd. | 0.77% | 0.78% | +0.01% |
| UNO Minda Ltd. | 0.14% | 0.15% | +0.01% |
| India Universal Trust AL1 | 1.64% | 1.63% | -0.01% |
| National Bank For Agriculture & Rural Development | 3.34% | 3.35% | +0.01% |
| Vinati Organics Ltd. | 0.43% | 0.44% | +0.01% |
| Infosys Ltd. | 1.48% | 1.49% | +0.01% |
| Safari Industries (India) Ltd. | 0.31% | 0.30% | -0.01% |
| State Bank of India | -0.44% | -0.45% | -0.01% |
| Tech Mahindra Ltd. | 0.65% | 0.64% | -0.01% |
| Swiggy Ltd. | 0.93% | 0.93% | -0.01% |
| Siddhivinayak Securitisation Trust | 1.62% | 1.63% | +0.01% |
| GOI | 0.67% | 0.67% | +0.01% |
| HDFC Asset Management Company Ltd. | 0.60% | 0.60% | 0.00% |
| Small Industries Devp. Bank of India Ltd. | 0.70% | 0.70% | 0.00% |
| United Spirits Ltd. | -0.17% | -0.17% | 0.00% |
| Sun Pharmaceutical Industries Ltd. | 0.98% | 0.98% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹39,803 Cr | 1.98% | 0.9% | 5.3% | 9.8% |
 HDFC Balanced Advantage Fund | ₹1,07,296 Cr | 1.31% | -3.0% | 3.4% | 10.6% |
 ICICI Prudential Balanced Advantage Fund | ₹75,399 Cr | 1.57% | 2.0% | 6.8% | 9.5% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹10,125 Cr | 1.95% | 5.1% | 7.5% | 9.7% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,343 Cr | 2.05% | 2.2% | 6.4% | 9.7% |
 Quant Dynamic Asset Allocation Fund | ₹852 Cr | 3.04% | -1.7% | 2.3% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long term capital growth and income through investments in equity and equity related securities and fixed income instruments.
Fund managers
- Asif RizwiMr. Rizwi has done B.Tech and PGDM from IIM-CPrior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank
- Mahesh A ChhabriaMr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
- Neelotpal SahaiMr. Sahai is a B.Tech from IT BHU and PGDM from IIMPrior to joining HSBC AMC he has worked with IDFC Investment Advisors.
- Praveen AyathanMr. Praveen is a B.Sc (Mathematics).Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months5.35% absolute | ₹60,000 | ₹63,210 | 5.35% | |
| 1 year1.25% annualised | ₹1,20,000 | ₹1,20,816 | 0.68% | |
| 3 years8.18% annualised | ₹3,60,000 | ₹4,09,228 | 13.67% | |
| 5 years6.98% annualised | ₹6,00,000 | ₹7,19,721 | 19.95% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of HSBC Balanced Advantage Fund?
The NAV of HSBC Balanced Advantage Fund is ₹43.78 as on 25 Sep 2026.
What is the expense ratio of HSBC Balanced Advantage Fund?
The expense ratio of HSBC Balanced Advantage Fund is 2.48% per year.
What is the minimum SIP amount for HSBC Balanced Advantage Fund?
You can start a SIP in HSBC Balanced Advantage Fund with ₹3,000 a month.
What returns has HSBC Balanced Advantage Fund given?
HSBC Balanced Advantage Fund has returned 1.4% over 1 year, 4.0% over 3 years and 7.1% over 5 years (annualised).
Is there a lock-in or exit load on HSBC Balanced Advantage Fund?
Lock-in: None. Exit load: Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year.
How risky is HSBC Balanced Advantage Fund?
HSBC Balanced Advantage Fund is rated Very High on the SEBI riskometer and belongs to the Dynamic Asset Allocation category.
Which fund house manages HSBC Balanced Advantage Fund?
HSBC Balanced Advantage Fund is managed by HSBC Mutual Fund, which runs 44 schemes with ₹1,44,068 Cr under management.