HSBC Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹44.77+0.31%1 day
- Return since launch
- 10.1%
- 52-week range
- ₹41.10 — ₹44.75
- AUM
- ₹1,474 Cr
HSBC Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from HSBC Mutual Fund with ₹1,474 Cr under management, launched in 2011. Over three years it has returned 4.8% a year, against 9.3% for its category. The expense ratio is 2.47% 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 +2.0% against +2.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.6% | +3.5 pts | 2.0% | 6.1% |
| 2Y | 4.0% | −0.7 pts | 4.7% | 4.8% |
| 3Y | 4.8% | −4.4 pts | 9.3% | 5.3% |
| 5Y | 7.6% | −0.5 pts | 8.1% | 8.0% |
| 7Y | 8.2% | −1.5 pts | 9.7% | 9.1% |
| 10Y | 8.2% | −1.2 pts | 9.4% | 9.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.5% | −1.7 pts | 5.2% | 5.3% |
| 3M | 0.2% | −0.2 pts | 0.3% | 0.5% |
| 6M | 4.3% | +0.3 pts | 4.1% | 4.3% |
| 1Y | 2.0% | 0.0 pts | 2.0% | 2.4% |
| 2Y | 2.9% | −0.6 pts | 3.5% | 3.8% |
| 3Y | 8.6% | −0.7 pts | 9.3% | 8.9% |
| 5Y | 7.3% | −0.8 pts | 8.1% | 7.8% |
| 7Y | 8.7% | −1.5 pts | 10.3% | 9.8% |
| 10Y | 8.0% | −1.4 pts | 9.4% | 9.1% |
Since launch (17 Jan 2011): 10.1%
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
2.47%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.82%
- Brokerage
- 0.07%
- Transaction charges
- 0.01%
- Statutory levies
- 0.57%
- 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 | 1.25 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.28 | 0.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.37 | 0.63 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 8.04 | 10.86 | 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 30 Sep 2026
Asset allocation
- Equity54.4%
- Debt25.5%
- Other20.1%
Market cap split
- Large65.3%
- Mid19.7%
- Small15.0%
- P/E
- 23.51
- P/B
- 2.97
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 20.13% | ₹297 Cr | +64.38% | +75.18% | +72.98% |
| Reliance Industries Ltd. | Energy | 5.72% | ₹84.26 Cr | +5.97% | +6.50% | +4.38% |
| ICICI Bank Ltd. | Financial | 5.08% | ₹74.93 Cr | +9.60% | -0.71% | -5.02% |
| HDFC Bank Ltd. | Financial | 4.80% | ₹70.76 Cr | -2.58% | -4.10% | -4.18% |
| REC Ltd. | Financial | 3.78% | ₹55.74 Cr | +3.53% | +3.56% | +3.29% |
| National Bank For Agriculture & Rural Development | Financial | 3.47% | ₹51.21 Cr | +1.63% | +1.85% | +1.70% |
| Larsen & Toubro Ltd. | Construction | 2.55% | ₹37.60 Cr | +2.73% | +1.94% | +1.53% |
| Shriram Finance Ltd | Financial | 2.00% | ₹29.48 Cr | +2.40% | +2.11% | +1.58% |
| Sterlite Technologies Ltd. | Communication | 1.85% | ₹27.30 Cr | +0.12% | — | — |
| India Universal Trust AL1 | Others | 1.66% | ₹24.50 Cr | +1.65% | +1.75% | +1.69% |
| Eternal Ltd. | Services | 1.63% | ₹24.01 Cr | -1.57% | -3.00% | +3.14% |
| Siddhivinayak Securitisation Trust | Others | 1.62% | ₹23.90 Cr | +1.63% | +1.70% | +1.61% |
| RBL Bank Ltd. | Financial | 1.37% | ₹20.17 Cr | +1.22% | +1.00% | — |
| Infosys Ltd. | Technology | 1.35% | ₹19.88 Cr | +1.32% | +1.73% | -1.02% |
| Radico Khaitan Ltd. | Consumer Staples | 1.33% | ₹19.65 Cr | +1.30% | +0.91% | +1.39% |
| Mahindra & Mahindra Ltd. | Automobile | 1.30% | ₹19.18 Cr | +1.31% | +0.98% | — |
| Sri Lotus Developers and Realty Ltd. | Construction | 1.29% | ₹19.09 Cr | +0.98% | +0.71% | +1.22% |
| GE Vernova T&D India Ltd | Capital Goods | 1.28% | ₹18.90 Cr | +1.30% | +1.01% | +0.86% |
| Bharti Airtel Ltd. | Communication | 1.19% | ₹17.55 Cr | +2.44% | +0.81% | — |
| Aditya Vision Ltd. | Services | 1.11% | ₹16.34 Cr | +1.19% | +0.91% | +1.08% |
| Manipal Health Enterprises Ltd. | Healthcare | 1.08% | ₹15.94 Cr | — | — | — |
| R R Kabel Ltd. | Consumer Discretionary | 1.03% | ₹15.11 Cr | +1.18% | — | — |
| Polycab India Ltd. | Capital Goods | 0.98% | ₹14.45 Cr | +1.31% | +1.18% | -0.44% |
| State Bank of India | Financial | 0.97% | ₹14.36 Cr | -0.89% | -2.52% | -2.16% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.92% | ₹13.62 Cr | -0.22% | -0.39% | +1.28% |
| Abbott India Ltd. | Healthcare | 0.92% | ₹13.56 Cr | +0.84% | +0.90% | +0.94% |
| Tata Motors Ltd. | Automobile | 0.86% | ₹12.65 Cr | +0.84% | +0.55% | — |
| JSW Steel Ltd. | Metals & Mining | 0.85% | ₹12.53 Cr | +0.81% | — | — |
| Meesho Ltd. | Services | 0.85% | ₹12.53 Cr | +0.38% | — | — |
| Swiggy Ltd. | Services | 0.85% | ₹12.51 Cr | +0.79% | +0.90% | +1.36% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.81% | ₹11.87 Cr | +0.53% | — | — |
| Time Technoplast Ltd. | Materials | 0.74% | ₹10.94 Cr | +0.95% | +0.88% | +1.08% |
| Sundaram Finance Ltd. | Financial | 0.74% | ₹10.89 Cr | +0.74% | — | — |
| Eicher Motors Ltd. | Automobile | 0.73% | ₹10.73 Cr | +0.70% | +0.68% | +0.68% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.72% | ₹10.66 Cr | +0.70% | +0.71% | +0.70% |
| NTPC Ltd. | Energy | 0.71% | ₹10.49 Cr | +0.76% | +0.64% | +0.66% |
| GOI | Sovereign | 0.70% | ₹10.29 Cr | +0.67% | +1.06% | +0.67% |
| Max Healthcare Institute Ltd. | Healthcare | 0.63% | ₹9.30 Cr | +1.12% | +1.00% | +1.07% |
| Ashok Leyland Ltd. | Automobile | 0.63% | ₹9.25 Cr | +0.78% | +0.48% | +0.92% |
| Tech Mahindra Ltd. | Technology | 0.62% | ₹9.14 Cr | +0.56% | +0.57% | +0.41% |
| Axis Bank Ltd. | Financial | 0.62% | ₹9.12 Cr | -6.53% | -10.44% | -6.37% |
| Ultratech Cement Ltd. | Materials | 0.59% | ₹8.76 Cr | +0.59% | +0.39% | — |
| CarTrade Tech Ltd. | Services | 0.59% | ₹8.70 Cr | — | — | — |
| PNB Housing Finance Ltd. | Financial | 0.57% | ₹8.40 Cr | +0.68% | +0.52% | — |
| 360 One Wam Ltd. | Financial | 0.56% | ₹8.24 Cr | +0.50% | — | — |
| HDFC Asset Management Company Ltd. | Financial | 0.54% | ₹7.98 Cr | +0.52% | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 0.52% | ₹7.63 Cr | +0.52% | — | — |
| Mphasis Ltd. | Technology | 0.51% | ₹7.54 Cr | +0.24% | — | — |
| United Spirits Ltd. | Consumer Staples | 0.46% | ₹6.77 Cr | -0.92% | -1.94% | -1.97% |
| Devyani International Ltd. | Services | 0.44% | ₹6.51 Cr | +0.37% | +0.33% | +0.65% |
| CreditAccess Grameen Ltd. | Financial | 0.43% | ₹6.36 Cr | — | — | — |
| Vinati Organics Ltd. | Chemicals | 0.40% | ₹5.84 Cr | +0.44% | +0.46% | +0.56% |
| Bharat Bijlee Ltd. | Capital Goods | 0.36% | ₹5.24 Cr | +0.48% | +0.36% | +0.50% |
| Safari Industries (India) Ltd. | Consumer Discretionary | 0.29% | ₹4.29 Cr | +0.31% | +0.30% | +0.49% |
| Dhoot Transmission Ltd. | Capital Goods | 0.25% | ₹3.72 Cr | — | — | — |
| Can Fin Homes Ltd. | Financial | 0.20% | ₹2.88 Cr | — | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 0.19% | ₹2.76 Cr | — | — | — |
| UNO Minda Ltd. | Automobile | 0.14% | ₹2.05 Cr | +0.13% | — | — |
| DLF Ltd. | Construction | 0.02% | ₹0.28 Cr | -5.01% | -4.77% | -3.58% |
| Kotak Mahindra Bank Ltd. | Financial | 0.00% | ₹0.01 Cr | -5.36% | -4.21% | -4.23% |
| Hindustan Unilever Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -1.72% | — | +1.62% |
| ITC Ltd. | Consumer Staples | -0.00% | ₹-0.02 Cr | -1.01% | -1.14% | -4.68% |
| Hindalco Industries Ltd. | Metals & Mining | -0.01% | ₹-0.07 Cr | -1.33% | -1.29% | -1.04% |
| Tata Power Company Ltd. | Energy | -0.01% | ₹-0.08 Cr | -4.14% | -4.25% | -5.22% |
| Aurobindo Pharma Ltd. | Healthcare | -0.01% | ₹-0.18 Cr | -7.66% | -6.73% | -5.17% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 20.47% | 18.26% | -2.21% |
| HDFC Bank Ltd. | -1.70% | -0.81% | +0.89% |
| Bharti Airtel Ltd. | -0.82% | -0.21% | +0.61% |
| Sterlite Technologies Ltd. | 1.44% | 1.85% | +0.42% |
| ICICI Bank Ltd. | 5.06% | 4.75% | -0.31% |
| company:505 | -0.28% | 0.00% | +0.28% |
| Sri Lotus Developers and Realty Ltd. | 1.02% | 1.29% | +0.27% |
| GE Vernova T&D India Ltd | 1.02% | 1.28% | +0.26% |
| Dhoot Transmission Ltd. | 0.00% | 0.25% | +0.25% |
| Manipal Health Enterprises Ltd. | 0.87% | 1.08% | +0.21% |
| Can Fin Homes Ltd. | 0.00% | 0.20% | +0.20% |
| Shriram Finance Ltd | 2.19% | 2.00% | -0.19% |
| Billionbrains Garage Ventures Ltd. | 0.00% | 0.19% | +0.19% |
| Reliance Industries Ltd. | 4.19% | 4.03% | -0.17% |
| CreditAccess Grameen Ltd. | 0.27% | 0.43% | +0.16% |
| Eternal Ltd. | -0.58% | -0.42% | +0.16% |
| State Bank of India | -0.45% | -0.30% | +0.15% |
| Infosys Ltd. | 1.49% | 1.35% | -0.14% |
| Polycab India Ltd. | 1.12% | 0.98% | -0.14% |
| DLF Ltd. | -2.54% | -2.41% | +0.13% |
| R R Kabel Ltd. | 1.15% | 1.03% | -0.13% |
| Tata Consumer Products Ltd. | 0.68% | 0.81% | +0.12% |
| National Bank For Agriculture & Rural Development | 3.35% | 3.47% | +0.12% |
| RBL Bank Ltd. | 1.25% | 1.37% | +0.12% |
| Meesho Ltd. | 0.74% | 0.85% | +0.11% |
| Larsen & Toubro Ltd. | 2.66% | 2.55% | -0.11% |
| Mahindra & Mahindra Ltd. | 1.40% | 1.30% | -0.10% |
| Optiemus Infracom Ltd. | 0.09% | 0.00% | -0.09% |
| Aurobindo Pharma Ltd. | -4.06% | -4.15% | -0.09% |
| Swiggy Ltd. | 0.93% | 0.85% | -0.08% |
| Abbott India Ltd. | 0.85% | 0.92% | +0.07% |
| Tata Motors Ltd. | 0.93% | 0.86% | -0.07% |
| Ashok Leyland Ltd. | 0.69% | 0.63% | -0.06% |
| HDFC Asset Management Company Ltd. | 0.60% | 0.54% | -0.06% |
| Eicher Motors Ltd. | 0.78% | 0.73% | -0.06% |
| Max Healthcare Institute Ltd. | 0.68% | 0.63% | -0.05% |
| Sun Pharmaceutical Industries Ltd. | 0.98% | 0.92% | -0.05% |
| Mphasis Ltd. | 0.56% | 0.51% | -0.05% |
| Tata Power Company Ltd. | -1.86% | -1.82% | +0.04% |
| REC Ltd. | 1.62% | 1.66% | +0.04% |
| Vinati Organics Ltd. | 0.44% | 0.40% | -0.04% |
| India Universal Trust AL1 | 1.63% | 1.66% | +0.03% |
| Bharat Bijlee Ltd. | 0.39% | 0.36% | -0.03% |
| Hindustan Unilever Ltd. | -0.81% | -0.78% | +0.03% |
| Hindalco Industries Ltd. | -0.62% | -0.60% | +0.03% |
| Small Industries Devp. Bank of India Ltd. | 0.70% | 0.72% | +0.03% |
| Aditya Vision Ltd. | 1.08% | 1.11% | +0.02% |
| GOI | 0.67% | 0.70% | +0.02% |
| Kotak Mahindra Bank Ltd. | -2.56% | -2.58% | -0.02% |
| Tech Mahindra Ltd. | 0.64% | 0.62% | -0.02% |
| 360 One Wam Ltd. | 0.54% | 0.56% | +0.02% |
| Devyani International Ltd. | 0.46% | 0.44% | -0.01% |
| NTPC Ltd. | 0.70% | 0.71% | +0.01% |
| ITC Ltd. | -0.46% | -0.47% | -0.01% |
| United Spirits Ltd. | -0.17% | -0.16% | +0.01% |
| Axis Bank Ltd. | -3.55% | -3.54% | +0.01% |
| JSW Steel Ltd. | 0.86% | 0.85% | -0.01% |
| UNO Minda Ltd. | 0.15% | 0.14% | -0.01% |
| Ultratech Cement Ltd. | 0.60% | 0.59% | -0.01% |
| Sundaram Finance Ltd. | 0.75% | 0.74% | -0.01% |
| Radico Khaitan Ltd. | 1.33% | 1.33% | +0.01% |
| Safari Industries (India) Ltd. | 0.30% | 0.29% | -0.01% |
| Siddhivinayak Securitisation Trust | 1.63% | 1.62% | -0.01% |
| Time Technoplast Ltd. | 0.74% | 0.74% | 0.00% |
| PNB Housing Finance Ltd. | 0.57% | 0.57% | 0.00% |
| SBI Life Insurance Company Ltd. | 0.51% | 0.52% | 0.00% |
| CarTrade Tech Ltd. | 0.59% | 0.59% | 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 | ₹18,275 Cr | 2.11% | 7.3% | 6.9% | 10.2% |
 ICICI Prudential Balanced Advantage Fund | ₹71,913 Cr | 1.52% | 8.8% | 8.6% | 10.5% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹9,836 Cr | 1.96% | 10.5% | 8.9% | 10.5% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,162 Cr | 2.04% | 7.8% | 7.7% | 10.4% |
 Axis Balanced Advantage Fund | ₹3,651 Cr | 2.18% | 7.4% | 6.8% | 9.7% |
 Quant Dynamic Asset Allocation Fund | ₹810 Cr | 2.84% | 2.0% | 2.5% | — |
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
- Dipan S. ParikhMr. Parikh has done B.ComHe has been working with HSBC Mutual Fund since 2006
- 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 months4.35% absolute | ₹60,000 | ₹62,610 | 4.35% | |
| 1 year2.04% annualised | ₹1,20,000 | ₹1,21,334 | 1.11% | |
| 3 years8.61% annualised | ₹3,60,000 | ₹4,12,042 | 14.46% | |
| 5 years7.31% annualised | ₹6,00,000 | ₹7,26,099 | 21.02% |
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 ₹44.77 as on 9 Nov 2026.
What is the expense ratio of HSBC Balanced Advantage Fund?
The expense ratio of HSBC Balanced Advantage Fund is 2.47% 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 5.6% over 1 year, 4.8% over 3 years and 7.6% 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 ₹1,58,065 Cr under management.