Kindly advise whether to keep holding of HDFC Balanced Advantage Fund for the last three and a half years. Balanced Advantage Funds are good for conservative investors who are looking to generate higher returns than debt with limited risk. However, HDFC Balanced Advantage Fund is managed more aggressively than its peers and does not use derivatives to reduce its equity exposure below 65% of the corpus. You cannot compare balanced advantage hybrid funds with equity diversified funds as the fund will have a reasonable allocation in debt all the time. in the last three years which is fair considering it is a balanced fund and market conditions during the period.

Source: Mint October 23, 2021 09:45 UTC