Which funds are similar to HSBC Balanced Advantage Fund Direct-Growth?
Funds similar to HSBC Balanced Advantage Fund Direct-Growth in the Hybrid: Dynamic Asset Allocation category include HDFC Balanced Advantage Fund Direct-Growth, ICICI Prudential Balanced Advantage Direct-Growth, and SBI Balanced Advantage Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of HSBC Balanced Advantage Fund Direct-Growth in its category?
On a 3-year return basis HSBC Balanced Advantage Fund Direct-Growth is ranked 16 out of 30 funds in the Hybrid: Dynamic Asset Allocation category as of 16 Jul 2026. On a 5-year return basis it ranks 16 out of 22. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does HSBC Balanced Advantage Fund Direct-Growth's expense ratio compare to similar funds?
HSBC Balanced Advantage Fund Direct-Growth has an expense ratio of 1.18%. The peers HDFC Balanced Advantage Fund Direct-Growth has an expense ratio of 0.77% and ICICI Prudential Balanced Advantage Direct-Growth has 1.06%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does HSBC Balanced Advantage Fund Direct-Growth's AUM compare to similar funds?
HSBC Balanced Advantage Fund Direct-Growth has an AUM of ₹1,518.1 crore. The peers HDFC Balanced Advantage Fund Direct-Growth has an AUM of ₹1,06,456 crore and ICICI Prudential Balanced Advantage Direct-Growth has ₹72,486.3 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Hybrid: Dynamic Asset Allocation?
The top performing fund in the Hybrid: Dynamic Asset Allocation category on a 3-year basis is Quant Dynamic Asset Allocation Fund Direct-Growth with a CAGR of 16.52% as of 16 Jul 2026. HSBC Balanced Advantage Fund Direct-Growth has delivered 10.48% CAGR over the same period, ranking 16 out of 30 funds. You can view and compare the full category ranking on sharpely.
How does HSBC Balanced Advantage Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, HSBC Balanced Advantage Fund Direct-Growth has a Sharpe ratio of 0.61 compared to the Hybrid: Dynamic Asset Allocation average of 0.57 as of 16 Jul 2026. It ranks 17 out of 33 funds in its category on Sharpe ratio.
