What happened to HDFC Balanced Fund?

HDFC Mutual Fund has announced the merger of two of its schemes, HDFC Premier Multi-Cap Fund and HDFC Balanced Fund, to form a new scheme called HDFC Hybrid Equity Fund. The new scheme will be a hybrid scheme, investing predominantly in equity and equity-related instruments.

What is the highest NAV of HDFC Balanced Advantage Fund?

HDFC Balanced Advantage Fund-Growth

  • The Current Net Asset Value of the HDFC Balanced Advantage Fund as of 07 Dec 2021 is Rs 275.3580 for Growth option of its Regular plan.
  • Its trailing returns over different time periods are: 35.09% (1yr), 13.76% (3yr), 11.92% (5yr) and 18.02% (since launch).

What is adjusted NAV of HDFC Balanced Advantage Fund?

HDFC Balanced Advantage Fund – Growth (Adjusted NAV) [272.824] | HDFC Mutual Fund – Moneycontrol.

What is the name of HDFC Balanced Fund?

HDFC Balanced Advantage Fund (IDCW)

What is NAV of HDFC Prudence fund?

HDFC Prudence Fund(D)

Current NAV ( Rs. ) 29.27 -0.19(-0.63%)
Launch date 01/02/1994
Type Open ended
52 week low / High 29.36 33.97

Which is the best balanced Advantage fund?

  • HDFC Balanced Advantage Fund.
  • Nippon India Balanced Advantage Fund.
  • ICICI Prudential Balanced Advantage Fund.
  • Aditya Birla Sun Life Balanced Advantage Fund.
  • Edelweiss Balanced Advantage Fund.
  • Invesco India Dynamic Equity Fund.
  • Principal Balanced Advantage Fund.
  • L Dynamic Equity Fund.

Which HDFC Mutual Fund is best?

List of Hdfc Mutual Funds in India

Fund Name Category Risk
HDFC Balanced Advantage Fund Hybrid Very High
HDFC Liquid Fund Debt Low to Moderate
HDFC Capital Builder Value Fund Equity Very High
HDFC Index Sensex Fund Other Very High

What is the monthly dividend of HDFC Balanced Advantage Fund?


Scheme Category Dividend (Rs/Unit)
HDFC Balanced Advantage Fund – IDCW Dynamic Asset Allocation or Balanced Advantage 0.26
HDFC Balanced Advantage Fund – IDCW Dynamic Asset Allocation or Balanced Advantage 0.23
HDFC Balanced Advantage Fund – IDCW Dynamic Asset Allocation or Balanced Advantage 0.23

Is HDFC Balanced Advantage Fund equity fund?

Mutual fund house, HDFC Asset Management Company, which has historically run its balanced advantage fund aggressively with unhedged equity in the 65-80% range has cut its equity steadily in 2021. After keeping it above 80% in calendar year 2021, the fund house has cut it to a multi-year low of 57%.

What happened to HDFC Prudence fund?

One of India’s largest and most popular mutual fund scheme, HDFC Prudence Fund is all set to be merged and renamed to the new HDFC Balanced Advantage fund. HDFC Mutual Fund house has decided to make this change to comply with SEBI guidelines on mutual fund categorization.

How good is HDFC Balanced Advantage Fund?

Balanced Advantage Funds are good for conservative investors who are looking to generate higher returns than debt with limited risk. The fund at present has close to 70% in equity whereas the peers had lower equity allocation.

What is the cut-off date for HDFC balanced Advantage Fund?

For e.g. If purchase application for HDFC Balanced Advantage Fund – Regular Plan – Growth is time-stamped within cut-off on February 1, 2021 for Rs. 10,000 but the funds are credited to the scheme account after cut-off timing on that day, then the applicable NAV shall be of February 2, 2021. 2.

What is Nav in mutual funds?

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.

What is the difference between HDFC balanced Advantage fund-growth and regular plan?

HDFC Balanced Advantage Fund-Growth is the regular plan of the fund. For this plan of you pay 1.64% as annual charges. On the other hand if you go for the direct plan available on ETMONEY, you pay 1.04%. That’s 0.5999999999999999% less. Regular plans charge more because when you buy them, the fund pays commission to the agent.

When will realization based Nav be applicable for liquid funds?

From February 1, 2021, realization based NAV is applicable for ‘All’ schemes including Liquid and Overnight funds and irrespective of the investment amount. 3. What is the date of applicability of for uniformity of NAV across various schemes?