Band-Band to Sagar: A monthly SIP of Rs 10,000 created a fund of Rs 3.86 crore, no matter whether the market rose or fell.
Last update:
HDFC Balanced Advantage Fund turns a monthly SIP of Rs 10,000 into Rs 3.86 crore over 24 years. The fund follows a dynamic equity and debt investment strategy and is ideal for investors with moderate risk appetite. Experts consider it a long-term…Read more

HDFC Balanced Advantage Fund turns a monthly SIP of Rs 10,000 into Rs 3.86 crore over 24 years.
Top performing mutual funds: Can a monthly investment of Rs 10,000 make you a millionaire? Yes, if it is planted in the right place and one is patient. The country’s largest mutual fund has done this. The name of this fund is – HDFC Balanced Advantage Fund. Launched in September 2000, the fund has turned a monthly SIP (Systematic Investment Plan) of Rs 10,000 into Rs 3.86 crore in about 24.36 years.
Over the years, the fund has outperformed its category and benchmark index (NIFTY 50-TRI). For example, it returned 11.83% over the past year, compared to the benchmark’s return of 6.29%. It has given returns of 19.32% and 18.96% in three and five year period respectively.
What is special about HDFC Balanced Advantage Fund?
The investment style of HDFC Balanced Advantage Fund makes it special. The fund invests in equity and debt (bonds) and their ratio varies according to market conditions. The fund is currently invested in 66% equity, 30.09% debt and 3.91% other assets.
The fund’s maximum investment is in the banking sector (24.62 percent), which is higher than its category average of 20.03 percent. Besides, it also invests mainly in government securities (14.28 percent) and finance sector (11.22 percent).
Experts believe that this fund is suitable for medium to low risk investors. If your investment is for long term and you want stable returns, this fund can be a part of your portfolio.
Should you invest in this fund?
The Economic Times quoted Shruti Jain, an expert on the subject, as saying, “HDFC Balanced Advantage Fund has maintained consistent performance. Its dynamic portfolio makes it sustainable even during market fluctuations. “If your If you have a long investment horizon and want to take less risk, this fund is a good option.”
Apart from HDFC Balanced Advantage Fund, there are 19 other schemes in this category. According to SEBI, the portfolio of Balanced Advantage Funds is dynamically segmented into equity and debt.
(Disclaimer: Mutual fund investments are subject to market risks, read all scheme documents carefully. If you want to invest in any fund, please consult a certified investment advisor first. (News 18 will not be responsible for any profit or loss you may incur.)
New Delhi,New Delhi,Delhi
January 18, 2025, 18:45 IST
3.86 crore from a monthly SIP of Rs 10,000, no matter whether the market rises or falls.
#BandBand #Sagar #monthly #SIP #created #fund #crore #matter #market #rose #fell