mutual funds hdfc balanced advantage fund directgrowth

holdings

HDFC Balanced Advantage Fund Direct-Growth

Hybrid: Dynamic Asset Allocation - Growth (Open ended)

HDFC Balanced Advantage Fund Direct-GrowthNAV: 572.21 as on 06 Jul, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: Very HighCategory: Hybrid: Dynamic Asset AllocationBenchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index

NAV: ₹572.21-0.13%

07 Jul 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for HDFC Balanced Advantage Fund Direct-Growth.

Asset Allocation

As on 31 May 2026

Equity

69.33%

Debt

26.82%

Others

2.32%

Real estate

1.56%

Market Cap Distribution

Large Cap (75.5%)

Mid Cap (13.7%)

Small Cap (10.8%)

Historical Asset Allocation

Asset	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Equity	69.33%	69.75%	68.23%	69.46%	67.93%	65.99%
Debt	26.82%	26.28%	28.15%	25.76%	26.08%	26.90%
Others (incl. cash)	2.32%	2.45%	2.01%	3.24%	4.41%	5.58%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	1.56%	1.55%	1.64%	1.57%	1.57%	1.52%

Portfolio Snapshot

No. of Securities

325

P/E Ratio

19.17

P/B Ratio

2.96

Top Holding %

4.74%

Top 5 Holdings %

19.19%

Top 10 Holdings %

30.93%

Modified Duration

4.12 yrs

Avg. Maturity

7.32 yrs

Yield to Maturity

7.58%

AUM

₹1,04,016 Cr

Expense Ratio

0.77%

Since Inception

14.75%

Max Drawdown

-0.34%

Sharpe Ratio

0.78

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
ICICI Bank Ltd.	Financial	3,92,44,463	4,930.67	4.74%	0.27%↑
HDFC Bank Ltd.	Financial	6,04,64,555	4,501.89	4.33%	0.19%↑
Reliance Industries Ltd.	Energy	3,01,00,311	3,976.85	3.82%	-0.27%↓
State Bank of India	Financial	3,50,00,000	3,375.4	3.25%	-0.30%↓
Bharti Airtel Ltd.	Communication	1,73,23,283	3,168.43	3.05%	-0.05%↓
Larsen & Toubro Ltd.	Construction	65,79,083	2,681.96	2.58%	0.07%↑
Axis Bank Ltd.	Financial	1,99,26,312	2,563.72	2.46%	0.06%↑
NTPC Ltd.	Energy	6,35,00,000	2,456.82	2.36%	-0.05%↓
Coal India Ltd.	Materials	4,31,89,746	1,977.66	1.90%	-0.12%↓
Infosys Ltd.	Technology	1,62,66,004	1,888.32	1.82%	0.00%
Maruti Suzuki India Ltd.	Automobile	11,38,626	1,494.67	1.44%	0.00%
Sun Pharmaceutical Industries Ltd.	Healthcare	83,46,339	1,501.67	1.44%	0.01%↑
Kotak Mahindra Bank Ltd.	Financial	3,81,18,960	1,464.53	1.41%	0.02%↑
Eternal Ltd.	Services	5,39,65,593	1,352.27	1.30%	0.03%↑
Lupin Ltd.	Healthcare	56,86,457	1,289.52	1.24%	0.00%
HCL Technologies Ltd.	Technology	1,01,04,420	1,196.16	1.15%	0.00%
ITC Ltd.	Consumer Staples	4,14,76,926	1,189.97	1.14%	-0.10%↓
Tata Consultancy Services Ltd.	Technology	48,96,821	1,106.14	1.06%	-0.09%↓
Interglobe Aviation Ltd.	Services	24,22,827	1,067.26	1.03%	0.04%↑
SBI Life Insurance Company Ltd.	Insurance	53,33,809	976.14	0.94%	0.02%↑

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Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Financial	21.63%	21.45%	20.93%	22.46%	21.15%	19.86%
Energy	9.35%	9.98%	9.77%	9.66%	9.35%	8.76%
Automobile	5.51%	5.43%	5.27%	5.70%	5.58%	5.43%
Technology	4.82%	4.86%	5.29%	5.16%	6.24%	5.97%
Healthcare	4.73%	4.70%	4.83%	4.42%	4.21%	4.07%
Services	4.28%	4.17%	4.04%	3.75%	3.76%	3.91%
Construction	3.36%	3.32%	3.05%	3.28%	3.12%	3.26%
Communication	3.25%	3.27%	3.25%	3.12%	3.10%	3.19%
Consumer Staples	2.75%	2.73%	2.61%	2.63%	2.50%	2.81%
Capital Goods	2.71%	2.90%	2.45%	2.60%	2.63%	2.57%
Materials	2.65%	2.76%	2.83%	2.62%	2.63%	2.58%
Metals & Mining	1.72%	1.68%	1.61%	1.66%	1.56%	1.47%
Insurance	1.67%	1.64%	1.53%	1.55%	1.52%	1.53%
Chemicals	0.43%	0.38%	0.33%	0.39%	0.34%	0.35%
Consumer Discretionary	0.42%	0.43%	0.39%	0.41%	0.21%	0.21%

Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
AAA	16.36%	8.77%
SOV	9.29%	8.71%
Cash & Call Money	2.32%	5.85%
A1+	0.66%	2.77%
AA+	0.48%	1.50%
Term Deposits	0.03%	0.04%
A	-	0.03%
A+	-	0.19%
A-	-	0.26%
AA	-	1.27%
AA-	-	0.18%
BBB+	-	0.22%
Cash	-	7.28%
Others	-	0.46%
Unrated	-	0.01%

Equity Insights

A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.

Style Analysis

Value score

58.1 / 100

Weighted average Value score is 58.1. This indicates that portfolio is relatively reasonably valued using composite of value measures.

Price Momentum score

57.6 / 100

Weighted average Price Momentum score is 57.6. This indicates that portfolio has average momentum using composite of momentum measures.

Quality score

70.7 / 100

Weighted average Quality score is 70.7. This indicates that portfolio has average quality using composite of quality measures.

QVM score

71.6 / 100

Weighted average QVM score is 71.6. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.

Red Flags

Earnings manipulation risk (Beneish M-score)

Following stocks have high risk of potential earnings manipulation (Beneish M-score > -1.78):

Name	Value
Varun Beverages Ltd.	-1.69

Thinly traded (low daily turnover)

Following stocks are thinly traded with combined (NSE & BSE) daily turnover (21-day average) less thank Rs 0.5 crore:

Name	Value
MEP Infrastructure Developers Ltd.	0.02

Declining revenues

Following companies have seen their sales decline for 2 consecutive quarters (measured on yoy basis): Ashoka Buildcon Ltd., Bharat Dynamics Ltd., Fusion Finance Ltd., GAIL (India) Ltd., J Kumar Infraprojects Ltd., PCBL Chemical Ltd., Tata Chemicals Ltd., Tata Motors Passenger Vehicles Ltd., Tega Industries Ltd., Texmaco Rail & Engineering Ltd., Titagarh Rail Systems Ltd.

High leverage

Following companies have debt to equity of greater than 2:

Name	Value
Ashok Leyland Ltd.	4.49
Westlife Foodworld Ltd	2.92
JSW Energy Ltd.	2.5
Interglobe Aviation Ltd.	11.15
Wework India Management Ltd.	18.63

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
GOI	GOI Securities	7.18%	14/08/2033	SOV	2.02%
GOI	GOI Securities	4.45%	30/10/2034	SOV	1.32%
GOI	GOI Securities	7.18%	24/07/2037	SOV	0.95%
GOI	GOI Securities	7.34%	22/04/2064	SOV	0.73%
GOI	GOI Securities	7.10%	08/04/2034	SOV	0.72%
LIC Housing Finance Ltd.	Bonds/Debentures	7.57%	18/10/2029	CRISIL - AAA	0.62%
State Bank of India	Bonds	7.33%	20/09/2039	CRISIL - AAA	0.58%
GOI	GOI Securities	6.90%	15/04/2065	SOV	0.54%
State Bank of India	Debenture	7.42%	29/08/2039	ICRA - AAA	0.52%
Pipeline Infrastructure (India) Pvt. Ltd.	Debenture	7.96%	11/03/2029	CRISIL - AAA	0.50%
GOI	GOI Securities	7.26%	22/08/2032	SOV	0.39%
Small Industries Devp. Bank of India Ltd.	Bonds/NCDs	7.42%	12/03/2029	CRISIL - AAA	0.38%
REC Ltd.	Debenture	6.90%	31/03/2031	CRISIL - AAA	0.37%
Small Industries Devp. Bank of India Ltd.	Debenture	7.83%	24/11/2028	CRISIL - AAA	0.36%
GOI	GOI Securities	7.26%	06/02/2033	SOV	0.35%
Indian Railway Finance Corporation Ltd.	Bonds	7.44%	13/06/2034	CRISIL - AAA	0.33%
Gujarat State	State Development Loan	7.27%	17/12/2034	SOV	0.33%
HDFC Bank Ltd.	Debenture	7.80%	06/09/2032	CRISIL - AAA	0.33%
Housing & Urban Development Corporation Ltd.	Non Convertible Debenture	7.29%	12/02/2035	CARE - AAA	0.33%
Bajaj Finance Ltd.	Bonds/NCDs	7.55%	03/04/2035	CRISIL - AAA	0.32%
Bajaj Finance Ltd.	Debenture	7.82%	31/01/2034	CRISIL - AAA	0.29%
HDFC Bank Ltd.	Debenture	7.75%	13/06/2033	CRISIL - AAA	0.28%
Jamnagar Utilities and Power Pvt. Ltd.	Debenture	7.90%	10/08/2028	CRISIL - AAA	0.27%
Bajaj Finance Ltd.	Non Convertible Debenture	7.57%	03/04/2030	CRISIL - AAA	0.24%
Bank Of Baroda	Bonds	7.75%	21/12/2033	CRISIL - AAA	0.24%
Bajaj Housing Finance Ltd.	Debenture	7.89%	14/07/2034	CRISIL - AAA	0.24%
LIC Housing Finance Ltd.	Non Convertible Debenture	7.73%	22/03/2034	CRISIL - AAA	0.24%
Bajaj Housing Finance Ltd.	Debenture	7.66%	20/03/2028	CRISIL - AAA	0.24%
HDB Financial Services Ltd.	Debenture	7.99%	08/12/2026	CRISIL - AAA	0.24%
National Bank For Agriculture & Rural Development	Bonds	7.53%	24/03/2028	ICRA - AAA	0.24%
Bank Of Baroda	Certificate of Deposit	0.00%	06/01/2027	CARE - A1+	0.23%
Punjab National Bank	Bonds	7.34%	14/02/2035	CRISIL - AAA	0.23%
India Universal Trust AL1	Securitised Debt	0.00%	0	CRISIL - AAA(SO)	0.22%
National Housing Bank	Bonds	7.35%	02/01/2032	CARE - AAA	0.21%
State Bank of India	Debenture	7.81%	02/11/2038	CRISIL - AAA	0.19%
Indian Railway Finance Corporation Ltd.	Non Convertible Debenture	7.57%	18/04/2029	CRISIL - AAA	0.19%
National Bank For Agriculture & Rural Development	Bonds	7.40%	25-D 29/04/2030	CRISIL - AAA	0.19%
Cholamandalam Investment and Finance Company Ltd.	Non Convertible Debenture	9.10%	27/06/2031	ICRA - AA+	0.19%
Mahanagar Telephone Nigam Ltd.	Non Convertible Debenture	7.80%	07/11/2033	CARE - AAA(CE)	0.19%
Sundaram Finance Ltd.	Debenture	7.24%	14/02/2028	ICRA - AAA	0.19%
LIC Housing Finance Ltd.	Non Convertible Debenture	7.65%	19/08/2031	CRISIL - AAA	0.19%
National Bank For Agriculture & Rural Development	Debenture	7.49%	15/10/2026	CRISIL - AAA	0.19%
National Housing Bank	Non Convertible Debenture	7.59%	08/09/2027	CRISIL - AAA	0.19%
Small Industries Devp. Bank of India Ltd.	Certificate of Deposit	0.00%	18/12/2026	CARE - A1+	0.18%
Madhya Pradesh State	State Development Loan	7.22%	06/08/2043	SOV	0.18%
REC Ltd.	Bonds	7.35%	31/07/2034	CRISIL - AAA	0.16%
Indian Railway Finance Corporation Ltd.	Debenture	7.39%	15/07/2034	CRISIL - AAA	0.16%
National Bank For Agriculture & Rural Development	Debenture	7.80%	15/03/2027	ICRA - AAA	0.16%
Madhya Pradesh State	State Development Loan	7.22%	06/08/2048	SOV	0.15%
India Universal Trust AL1	Securitised Debt	8.09%	21/11/2027	CRISIL - AAA(SO)	0.15%
LIC Housing Finance Ltd.	Debenture	7.84%	11/05/2027	CRISIL - AAA	0.15%
Small Industries Devp. Bank of India Ltd.	Debenture	7.79%	14/05/2027	CRISIL - AAA	0.14%
LIC Housing Finance Ltd.	Bonds	7.66%	11/12/2029	CRISIL - AAA	0.14%
National Bank For Agriculture & Rural Development	Debenture	7.62%	31/01/2028	CRISIL - AAA	0.14%
Muthoot Finance Ltd.	Debenture	0.00%	26/07/2029	CRISIL - AA+	0.14%
Power Finance Corporation Ltd.	Debenture	7.55%	15/07/2026	CRISIL - AAA	0.14%
Indian Railway Finance Corporation Ltd.	Bonds	0.00%	01/12/2035	CRISIL - AAA	0.14%
Yes Bank Ltd.	Certificate of Deposit	0.00%	11/03/2027	CRISIL - A1+	0.14%
Power Grid Corporation Of India Ltd.	Bonds	7.12%	24/12/2034	CRISIL - AAA	0.14%
Sundaram Finance Ltd.	Debenture	7.45%	16/03/2029	ICRA - AAA	0.13%
Indian Railway Finance Corporation Ltd.	Bonds	7.28%	14/02/2040	CRISIL - AAA	0.13%
Housing & Urban Development Corporation Ltd.	Non Convertible Debenture	7.37%	12/03/2035	CARE - AAA	0.12%
Uttar Pradesh State	State Development Loan	7.12%	19/11/2033	SOV	0.12%
Small Industries Devp. Bank of India Ltd.	Debenture	7.43%	0	CRISIL - AAA	0.12%
Tata Capital Housing Finance Ltd.	Debenture	7.80%	05/08/2027	CRISIL - AAA	0.12%
Bajaj Housing Finance Ltd.	Non Convertible Debenture	7.50%	09/04/2035	CRISIL - AAA	0.12%
GOI	GOI Securities	7.09%	05/08/2054	SOV	0.12%
Jamnagar Utilities and Power Pvt. Ltd.	Debenture	7.43%	24/10/2034	CRISIL - AAA	0.11%
REC Ltd.	Non Convertible Debenture	7.96%	15/06/2030	CRISIL - AAA	0.11%
Pipeline Infrastructure (India) Pvt. Ltd.	Debenture	7.96%	11/03/2028	CRISIL - AAA	0.11%
GOI	GOI Securities	7.30%	19/06/2053	SOV	0.11%
Small Industries Devp. Bank of India Ltd.	Bonds	7.79%	19/04/2027	CRISIL - AAA	0.10%
Small Industries Devp. Bank of India Ltd.	Debenture	7.44%	04/09/2026	CRISIL - AAA	0.10%
LIC Housing Finance Ltd.	Debenture	8.75%	08/12/2028	CRISIL - AAA	0.10%
LIC Housing Finance Ltd.	Debenture	6.40%	30/11/2026	CRISIL - AAA	0.10%
LIC Housing Finance Ltd.	Debenture	7.87%	14/05/2029	CRISIL - AAA	0.10%
LIC Housing Finance Ltd.	Debenture	7.70%	16/05/2028	CRISIL - AAA	0.10%
National Housing Bank	Debenture	7.59%	14/07/2027	CRISIL - AAA	0.10%
National Housing Bank	Bonds/NCDs	7.51%	04/04/2031	CARE - AAA	0.10%
Kotak Mahindra Investments Ltd.	Bonds/NCDs	8.19%	28/01/2027	CRISIL - AAA	0.10%
Kotak Mahindra Investments Ltd.	Non Convertible Debenture	8.11%	18/08/2026	CRISIL - AAA	0.10%
Andhra Pradesh State	State Development Loan	7.63%	03/09/2037	SOV	0.10%
National Bank For Agriculture & Rural Development	Bonds	7.44%	17/07/2029	CRISIL - AAA	0.10%
National Bank For Agriculture & Rural Development	Floating Rate Bond	7.50%	0	CRISIL - AAA	0.10%
Tata Capital Ltd.	Non Convertible Debenture	0.00%	21/02/2029	CRISIL - AAA	0.10%
Small Industries Devp. Bank of India Ltd.	Bonds	7.61%	10/08/2029	CRISIL - AAA	0.10%
National Bank For Agriculture & Rural Development	Debenture	7.58%	31/07/2026	CRISIL - AAA	0.10%
Cholamandalam Investment and Finance Company Ltd.	Debenture	0.00%	27/02/2029	ICRA - AA+	0.10%
LIC Housing Finance Ltd.	Non Convertible Debenture	7.75%	23/11/2027	CRISIL - AAA	0.10%
REC Ltd.	Non Convertible Debenture	7.64%	30/06/2026	CRISIL - AAA	0.10%
Toyota Financial Services Ltd.	Debenture	8.15%	07/09/2026	ICRA - AAA	0.10%
Indian Railway Finance Corporation Ltd.	Non Convertible Debenture	7.37%	31/07/2029	CRISIL - AAA	0.10%
Power Finance Corporation Ltd.	Non Convertible Debenture	7.64%	25/08/2026	CRISIL - AAA	0.10%
Bajaj Finance Ltd.	Debenture	8.08%	20/05/2036	CRISIL - AAA	0.10%
Power Finance Corporation Ltd.	Bonds	7.44%	15/01/2030	CRISIL - AAA	0.10%
Power Finance Corporation Ltd.	Bonds	7.38%	15/01/2032	CRISIL - AAA	0.10%
Bajaj Finance Ltd.	Bonds/Debentures	7.70%	04/10/2034	CRISIL - AAA	0.09%
National Bank For Agriculture & Rural Development	Bonds	7.37%	28/05/2035	CRISIL - AAA	0.09%
Uttar Pradesh State	State Development Loan	7.18%	19/11/2035	SOV	0.09%
Madhya Pradesh State	State Development Loan	7.48%	01/10/2045	SOV	0.09%
Union Bank of India	Certificate of Deposit	0.00%	19/01/2027	ICRA - A1+	0.09%
Housing & Urban Development Corporation Ltd.	Non Convertible Debenture	6.64%	17/07/2028	CARE - AAA	0.09%
Power Finance Corporation Ltd.	Bonds	7.40%	15/01/2035	CRISIL - AAA	0.09%
Power Finance Corporation Ltd.	Debenture	6.92%	16/02/2028	CRISIL - AAA	0.09%
Madhya Pradesh State	State Development Loan	6.99%	17/11/2041	SOV	0.09%
REC Ltd.	Bonds	7.53%	31/05/2034	CRISIL - AAA	0.08%
Andhra Pradesh State	State Development Loan	7.48%	03/09/2033	SOV	0.08%
Gujarat State	State Development Loan	7.07%	26/11/2033	SOV	0.08%
Small Industries Devp. Bank of India Ltd.	Debenture	7.22%	10/04/2029	CRISIL - AAA	0.07%
Indian Railway Finance Corporation Ltd.	Debenture	7.49%	30/05/2027	CRISIL - AAA	0.07%
L&T Metro Rail (Hyderabad) Ltd.	Non Convertible Debenture	7.55%	28/04/2035	CRISIL - AAA(CE)	0.07%
Rajasthan State	State Development Loan	7.29%	19/11/2037	SOV	0.07%
Indian Railway Finance Corporation Ltd.	Non Convertible Debenture	7.46%	18/06/2029	CRISIL - AAA	0.07%
Andhra Pradesh State	State Development Loan	7.62%	03/09/2036	SOV	0.06%
Andhra Pradesh State	State Development Loan	7.48%	03/09/2034	SOV	0.06%
HDFC Bank Ltd.	Non Convertible Debenture	6.83%	08/01/2031	CRISIL - AAA	0.06%
Bihar State	State Development Loan	7.72%	25/02/2041	SOV	0.05%
Sundaram Home Finance Ltd.	Debenture	7.81%	25/08/2026	CRISIL - AAA	0.05%
Bharti Telecom Ltd.	Non Convertible Debenture	7.85%	20/03/2029	CRISIL - AAA	0.05%
Grasim Industries Ltd.	Debenture	7.50%	10/06/2027	CRISIL - AAA	0.05%
National Bank For Agriculture & Rural Development	Bonds/NCDs	7.83%	30/12/2026	CRISIL - AAA	0.05%
Bharti Telecom Ltd.	Debenture	7.75%	29/02/2028	CRISIL - AAA	0.05%
Grasim Industries Ltd.	Bonds	7.63%	01/12/2027	CRISIL - AAA	0.05%
HDFC Bank Ltd.	Debenture	7.80%	03/05/2033	CRISIL - AAA	0.05%
HDFC Bank Ltd.	Debenture	7.70%	16/05/2028	CRISIL - AAA	0.05%
Maharashtra State	State Development Loan	7.20%	23/10/2036	SOV	0.05%
Small Industries Devp. Bank of India Ltd.	Bonds	7.48%	24/05/2029	CRISIL - AAA	0.05%
LIC Housing Finance Ltd.	Bonds	7.90%	23/06/2027	CRISIL - AAA	0.05%
Indian Railway Finance Corporation Ltd.	Debenture	7.41%	15/10/2026	CRISIL - AAA	0.05%
Indian Oil Corporation Ltd.	Non Convertible Debenture	7.25%	06/01/2030	CRISIL - AAA	0.05%
Indian Railway Finance Corporation Ltd.	Bonds/NCDs	7.45%	13/10/2028	CRISIL - AAA	0.05%
Gujarat State	State Development Loan	7.64%	17/01/2033	SOV	0.05%
Power Finance Corporation Ltd.	Debenture	7.70%	15/09/2026	CRISIL - AAA	0.05%
Power Grid Corporation Of India Ltd.	Debenture	7.30%	19/06/2027	CRISIL - AAA	0.05%
Small Industries Devp. Bank of India Ltd.	Bonds	7.34%	26/02/2029	CRISIL - AAA	0.05%
Maharashtra State	State Development Loan	7.24%	10/09/2034	SOV	0.05%
Small Industries Devp. Bank of India Ltd.	Non Convertible Debenture	7.55%	22/09/2026	CRISIL - AAA	0.05%
National Housing Bank	Bonds	6.80%	02/04/2032	CARE - AAA	0.05%
Union Bank of India	Additional Tier 1 Bond	9.50%	0	CARE - AA+	0.05%
Housing & Urban Development Corporation Ltd.	Debenture	6.90%	06/05/2030	ICRA - AAA	0.05%
LIC Housing Finance Ltd.	Non Convertible Debenture	7.58%	23/03/2035	CRISIL - AAA	0.04%
National Bank For Agriculture & Rural Development	Debenture	7.70%	30/09/2027	ICRA - AAA	0.04%
Gujarat State	State Development Loan	7.64%	17/01/2034	SOV	0.04%
Haryana State	State Development Loan	7.67%	25/02/2041	SOV	0.04%
Gujarat State	State Development Loan	7.63%	24/01/2033	SOV	0.04%
Uttar Pradesh State	State Development Loan	0.00%	20/03/2036	SOV	0.03%
REC Ltd.	Zero Coupon Bonds	8.70%	28/09/2028	CRISIL - AAA	0.03%
GOI	GOI Securities	6.79%	07/10/2034	SOV	0.03%
HDFC Bank Ltd.	Fixed Deposits	7.40%	28/02/2030	CRISIL - AAA	0.03%
Shriram Finance Ltd	Securitised Debt	0.00%	0	CRISIL - AAA(SO)	0.03%
Gujarat State	State Development Loan	7.63%	24/01/2034	SOV	0.03%
HDFC Bank Ltd.	Debenture	7.10%	12/11/2031	CRISIL - AAA	0.03%
GOI	GOI Securities	7.25%	12/06/2063	SOV	0.03%
GOI	GOI Securities	0.00%	17/06/2028	SOV	0.02%
Maharashtra State	State Development Loan	7.45%	22/03/2039	SOV	0.02%
National Bank For Agriculture & Rural Development	Bonds	7.64%	06/12/2029	ICRA - AAA	0.02%
Indian Railway Finance Corporation Ltd.	Debenture	7.75%	15/04/2033	CRISIL - AAA	0.02%
IDFC First Bank Ltd.	Certificate of Deposit	0.00%	27/07/2026	CRISIL - A1+	0.02%
GOI	GOI Securities	7.23%	15/04/2039	SOV	0.02%
Maharashtra State	State Development Loan	7.63%	31/01/2035	SOV	0.01%
GOI	GOI Securities	6.68%	07/07/2040	SOV	0.01%
GOI	GOI Securities	6.67%	17/12/2050	SOV	0.00%
Chhattisgarh State	State Development Loan	7.47%	20/03/2034	SOV	0.00%
Kerala State	State Development Loan	8.07%	15/06/2026	SOV	0.00%
GOI	GOI Securities	6.99%	15/12/2051	SOV	0.00%
GOI	GOI Securities	7.17%	17/04/2030	SOV	0.00%

Frequently Asked Questions

What are the top holdings of HDFC Balanced Advantage Fund Direct-Growth?

The top holdings of HDFC Balanced Advantage Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.

How many stocks does HDFC Balanced Advantage Fund Direct-Growth hold in its portfolio?

HDFC Balanced Advantage Fund Direct-Growth holds 325 securities in its portfolio. The top 5 holdings account for 19.19% of the portfolio and the top 10 for 30.93% — a well-diversified portfolio that minimises stock-specific risk.

What is the sector allocation of HDFC Balanced Advantage Fund Direct-Growth?

The sector allocation of HDFC Balanced Advantage Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.

What is the equity and debt allocation of HDFC Balanced Advantage Fund Direct-Growth?

As of 31 May 2026, HDFC Balanced Advantage Fund Direct-Growth has 69.33% in equity, 26.82% in debt and 2.32% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.58%.

What is the market cap allocation of HDFC Balanced Advantage Fund Direct-Growth?

HDFC Balanced Advantage Fund Direct-Growth's equity portfolio — Large Cap: 75.51%, Mid Cap: 13.73%, Small Cap: 10.75%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.

Is HDFC Balanced Advantage Fund Direct-Growth a concentrated or diversified fund?

HDFC Balanced Advantage Fund Direct-Growth holds 325 securities, with the top 10 accounting for 30.93% of the portfolio and the top 5 for 19.19%. With 325 holdings, this is a well-diversified fund — stock-specific risk is limited.

What is the credit quality of HDFC Balanced Advantage Fund Direct-Growth?

The debt holdings of HDFC Balanced Advantage Fund Direct-Growth are rated as follows — AAA: 16.36%, SOV: 9.29%, Cash & Call Money: 2.32%, A1+: 0.66%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.

How often does HDFC Balanced Advantage Fund Direct-Growth change its portfolio?

The portfolio currently holds 325 securities with the top 10 accounting for 30.93% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.

What is the PE ratio of HDFC Balanced Advantage Fund Direct-Growth's portfolio?

The weighted average PE ratio of HDFC Balanced Advantage Fund Direct-Growth's portfolio is 19.17 and the PB ratio is 2.96. The debt portfolio has a modified duration of 4.12 years and an average maturity of 7.32 years. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.

When is the latest portfolio disclosure for HDFC Balanced Advantage Fund Direct-Growth?

The latest portfolio disclosure for HDFC Balanced Advantage Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.

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Asset

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

31 Jan 2026

31 Dec 2025

Equity

69.33%

69.75%

68.23%

69.46%

67.93%

65.99%

Debt

26.82%

26.28%

28.15%

25.76%

26.08%

26.90%

Others (incl. cash)

2.32%

2.45%

2.01%

3.24%

4.41%

5.58%

Commodities

0.00%

Real Estate

1.56%

1.55%

1.64%

1.57%

1.52%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

ICICI Bank Ltd.

Financial

3,92,44,463

4,930.67

4.74%

0.27%↑

HDFC Bank Ltd.

Financial

6,04,64,555

4,501.89

4.33%

0.19%↑

Reliance Industries Ltd.

Energy

3,01,00,311

3,976.85

3.82%

-0.27%↓

State Bank of India

Financial

3,50,00,000

3,375.4

3.25%

-0.30%↓

Bharti Airtel Ltd.

Communication

1,73,23,283

3,168.43

3.05%

-0.05%↓

Larsen & Toubro Ltd.

Construction

65,79,083

2,681.96

2.58%

0.07%↑

Axis Bank Ltd.

Financial

1,99,26,312

2,563.72

2.46%

0.06%↑

NTPC Ltd.

Energy

6,35,00,000

2,456.82

2.36%

-0.05%↓

Coal India Ltd.

Materials

4,31,89,746

1,977.66

1.90%

-0.12%↓

Infosys Ltd.

Technology

1,62,66,004

1,888.32

1.82%

0.00%

Maruti Suzuki India Ltd.

Automobile

11,38,626

1,494.67

1.44%

0.00%

Sun Pharmaceutical Industries Ltd.

Healthcare

83,46,339

1,501.67

1.44%

0.01%↑

Kotak Mahindra Bank Ltd.

Financial

3,81,18,960

1,464.53

1.41%

0.02%↑

Eternal Ltd.

Services

5,39,65,593

1,352.27

1.30%

0.03%↑

Lupin Ltd.

Healthcare

56,86,457

1,289.52

1.24%

0.00%

HCL Technologies Ltd.

Technology

1,01,04,420

1,196.16

1.15%

0.00%

ITC Ltd.

Consumer Staples

4,14,76,926

1,189.97

1.14%

-0.10%↓

Tata Consultancy Services Ltd.

Technology

48,96,821

1,106.14

1.06%

-0.09%↓

Interglobe Aviation Ltd.

Services

24,22,827

1,067.26

1.03%

0.04%↑

SBI Life Insurance Company Ltd.

Insurance

53,33,809

976.14

0.94%

0.02%↑

Sector

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

31 Jan 2026

31 Dec 2025

Financial

21.63%

21.45%

20.93%

22.46%

21.15%

19.86%

Energy

9.35%

9.98%

9.77%

9.66%

9.35%

8.76%

Automobile

5.51%

5.43%

5.27%

5.70%

5.58%

5.43%

Technology

4.82%

4.86%

5.29%

5.16%

6.24%

5.97%

Healthcare

4.73%

4.70%

4.83%

4.42%

4.21%

4.07%

Services

4.28%

4.17%

4.04%

3.75%

3.76%

3.91%

Construction

3.36%

3.32%

3.05%

3.28%

3.12%

3.26%

Communication

3.25%

3.27%

3.25%

3.12%

3.10%

3.19%

Consumer Staples

2.75%

2.73%

2.61%

2.63%

2.50%

2.81%

Capital Goods

2.71%

2.90%

2.45%

2.60%

2.63%

2.57%

Materials

2.65%

2.76%

2.83%

2.62%

2.63%

2.58%

Metals & Mining

1.72%

1.68%

1.61%

1.66%

1.56%

1.47%

Insurance

1.67%

1.64%

1.53%

1.55%

1.52%

1.53%

Chemicals

0.43%

0.38%

0.33%

0.39%

0.34%

0.35%

Consumer Discretionary

0.42%

0.43%

0.39%

0.41%

0.21%

Rating

Fund