HSBC Balanced Advantage Fund
The scheme seeks to generate long term capital growth and income through investments in equity and equity related securities and fixed income instruments.
Growthvine rating: 3/5 — ranked #16 of 37 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹42.64 (as of 2026-10-22) |
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| AUM | ₹1,474 Cr |
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| Expense ratio | 1.82% |
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| Riskometer | High |
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| Fund manager | Neelotpal Sahai |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
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Performance & risk
| Sharpe ratio | 0.25 |
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| Standard deviation | 8.07% |
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| Max drawdown | −8.94% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 95.1% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 63.1% of its downside.
Market cap allocation
| Large cap | 65.3% |
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| Mid cap | 18.2% |
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| Small cap | 16.5% |
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Concentration
| Top 5 holdings | 22.7% |
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| Top 10 holdings | 34.3% |
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| Total holdings | 58 |
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Top holdings
- HDFC Bank Ltd. — 5.6%
- ICICI Bank Ltd. — 4.8%
- AXIS Bank Ltd. — 4.2%
- Aurobindo Pharma Ltd. — 4.1%
- Reliance Industries Ltd — 4.0%
- NABARD — 3.5%
- 7.06% GOI - 10-Apr-2028 — 3.4%
- 7.37% GOI 23OCT2028 — 2.8%
- Kotak Mahindra Bank Ltd. — 2.6%
- Larsen & Toubro Limited — 2.5%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −3.4% | Q2 | #13 of 35 |
| 2025 | 2.8% | Q4 (Bottom) | #29 of 34 |
| 2024 | 15.4% | Q1 (Top) | #6 of 30 |
| 2023 | 18.0% | Q3 | #14 of 26 |