3 Reasons to Invest in HDFC Balanced Advantage Fund Scheme

 Mutual fund schemes have become immensely popular in the past few years, and a massive number of people are parking their money in MF schemes these days. Even if you have invested in MFs in the past, picking a good scheme can be challenging due to the risk involved. One easy way to minimize risk and still earn great returns on your investment is hybrid schemes that invest in a mix of debt and equity tools. HDFC Balanced Advantage Fund is one of the most popular and best performing MF schemes in this category. Today we bring you the top five reasons to invest in this scheme. 



Benefit of Hybrid Investing

While equity investments have the potential to garner greater returns, investments in debt tools have lower risks. HDFC Balance Advantage Fund gives you the best of both worlds by allowing you to earn better returns with equity and lower the risk with debt. Such schemes are becoming extremely popular these days as an increasing number of people are seeking to lower the risk on their mutual fund investments. 

Great Returns 

Despite being a hybrid scheme, HDFC Balanced Advantage Fund (Growth Option) has given tremendous returns to investors in the past. The three-year and five-year returns for the scheme stand at around 18 percent and 12 percent, respectively. Such returns can create remarkable wealth for you over a long term. 

Flexible Investment Options

You can choose from a lump sum as well as systematic investment plan (SIP) to invest in HDFC Balanced Advantage Fund. The minimum amount required for investing in the scheme is Rs. 5000 and any amount thereafter. Moreover, the minimum additional investment for the scheme is Rs. 1000 and any amount thereafter. People opting for SIP can start investing with just Rs. 500 and any additional amount in multiples of 1. 

Reliable Name 

HDFC Balanced Advantage Fund comes to you from one of the biggest names in the banking and investment industry in India. It is a name you can trust and rely on. 

So, whether you are looking to make your first mutual fund investment, or looking for a new scheme to invest in, then do consider HDFC Balanced Advantage Fund.

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