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HDFC Balanced Fund: Portfolio quality, investment calls deliver sturdy show

The fund has given superior returns compared to its benchmark and the category across periods

Photo: Shutterstock
Photo: Shutterstock

Launched in September 2000, HDFC Balanced Fund is classified under the balanced category of CRISIL Mutual Fund Ranking. It has been ranked in the top 30 percentile (CRISIL Fund Rank 1 or 2) over the past 25 consecutive quarters as of December 2016 (i.e. since December 2009). The fund's primary objective is to generate capital appreciation along with current income from a combined portfolio of equity & equity-related and debt and money market instruments. The fund is managed by Chirag Setalvad. Its quarterly average assets under management stood at Rs 9,284 crore for the March 2017 ...