Fundalysisby DARKHORSESTOCKS

Scheme

HSBC Balanced Advantage Fund

Holds 58 companies worth ₹1,071 Cr in Sept 2026.

  • Fund house

    HSBCThe fund house that runs this scheme.

  • AUM

    ₹1,474 CrHSBC Balanced Advantage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.2% on Aug 2026, ₹1,522 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 5.6% of this scheme's NAV.

  • Fund manager

    Neelotpal SahaiRuns it since 26 Nov 2022, as the fund house dates it. With Mahesh Chhabria (fund manager), Mohd. Asif Rizwi (fund manager), Prakriti Banka (fund manager), Praveen Ayathan (arbitrage), Mayank Chaturvedi (overseas).

Overview(16 Sept 2026)

Fund managers6

  1. Neelotpal SahaiFund manager, equity · Nov 2022 · 32y · PGDM B.Tech
  2. Mahesh ChhabriaFund manager, debt · Jul 2023 · 15y · MMS
  3. Mohd. Asif RizwiFund manager, debt · Feb 2025 · 16y · PGDM B.Tech
  4. Prakriti BankaFund manager, equity · Nov 2025 · 15y · CFA MBA B.E.
  5. Praveen AyathanArbitrage · Oct 2023 · 34y
  6. Mayank ChaturvediOverseas · Nov 2025

    Key facts

    Benchmark
    NIFTY 50 Composite Hybrid Debt 50:50 Index
    Risk
    Very High
    Expense
    Regular 2.48% · Direct 1.16%
    Exit load
    10% within 1 year
    Started
    7 Feb 2011
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 16 Sept 2026 at AMFI.

    What changed(19 changes)

    Apr 2026

    1 change
    1. Expense ratio
      9 AprRegular 2.11% → 2.12%

    Jan 2026

    1 change
    1. Expense ratio
      13 JanRegular 2.1% → 2.11%Direct 0.85% → 0.81%

    Nov 2025

    4 changes
    1. Prakriti Banka joined
      11 Novas fund manager (equity)
    2. Mayank Chaturvedi joined
      11 Novfor overseas investments
    3. Sonal Gupta left
      11 Novran it for overseas investments from Nov 2022
    4. Expense ratio
      11 NovRegular 2.11% → 2.1%Direct 0.86% → 0.85%

    Source.Its filings at NSE, since Sept 2024.

    Fund managers over time(Nov 2022 – now)

    1. Neelotpal Sahai
    2. Mahesh Chhabria
    3. Mohd. Asif Rizwi
    4. Prakriti Banka
    5. Praveen Ayathan
    6. Mayank Chaturvedi
    7. Sonal Gupta
    8. Gautam Bhupal
    9. Hitesh Gondhia
    10. Kapil Punjabi
    MainCoSlice2023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Sept 2024 – Sept 2026)

    Every change to the expense ratio, newest first.
    10 changesRegularDirectΔ pt
    9 Apr 20262.12%0.81%0
    13 Jan 20262.11%0.81%0.04
    11 Nov 20252.10%0.85%0.01
    9 Aug 20252.11%0.86%0.04
    6 Jun 20252.11%0.82%0.05
    6 May 20252.11%0.77%0.02
    1 Apr 20252.13%0.79%0.01
    10 Feb 20252.12%0.78%0.02
    6 Jan 20252.10%0.76%0.01
    16 Sept 20242.11%0.77%–
    Direct plan, 9 Apr 2026
    0.81%
    Regular plan 2.12% · Exit load 10% within 1 year
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(16 Sept 2026)

    Objective

    To seek long term capital growth and income through investments in equity and equity related securities and fixed income instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Moderate
    Type
    An open ended dynamic asset allocation fund investing in debt and equity instruments only
    Benchmark
    NIFTY 50 Composite Hybrid Debt 50:50 Index

    Asset allocation it may hold% of NAV

    1. instruments
      Allowed0–100%
    2. Securities
      Allowed0–100%

    Holds in Sept 2026.72.7% equity · 27.3% debt and cash

    How to invest(16 Sept 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1
    Systematic
    SIP - Daily (All Business Days from Monday to Friday), Weekly (Any Day from Monday to Friday), Weekly, Monthly, Quarterly; SWP - Monthly, Quarterly, Half Year, Annual; STP - Daily (Business Days), Weekly, Fortnightly, Monthly, Quarterly
    Dates
    SIP - Daily (Daily SIP will be processed from Monday to Friday. In case of a non-business day falling between Monday to Friday (both days inclusive) then the daily SIP installment for that day will not be processed on the next business day.); Weekly - Any day from Monday to Friday; Other than daily and weekly - Any Date, SWP and STP - Any Dates
    Minimum
    SIP - 500 Daily 6; 500 Weekly 6; 500 Monthly 6; 1500 Quarterly 4; Minimum Aggregate Amount: Rs. 6,000/- in multiples of Re.1. SWP - 500 STP - 500;The minimum amount required under the source scheme for registering STP is Rs. 6,000., then in multiples of ₹1
    Instalments
    SIP - Daily 6; Weekly 6; Monthly 6; Quarterly 4 SWP - 12 STP - 6

    Selling and switching

    To redeem
    ₹500 or 50 units
    Switch minimum
    ₹5,000

    Scheme details(16 Sept 2026)

    What it is

    Category
    Open Ended-Hybrid - Dynamic Asset Allocation
    Offer
    17 Jan 2011 to 31 Jan 2011
    Started
    7 Feb 2011
    Reopened
    8 Feb 2011
    Plans
    HSBC Balanced Advantage Fund - Direct Growth · HSBC Balanced Advantage Fund - Direct IDCW · HSBC Balanced Advantage Fund - Regular Growth · HSBC Balanced Advantage Fund - Regular IDCW
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    HDFC Bank Limited
    Auditor
    M/s. Price Waterhouse, Chartered Accountants LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    LTMF/O/H/DAA/10/10/0017