the default always src-mac
you can change it useing the following command:
Switch(config)#port-channel load-balance ?
dst-ip Dst IP Addr
dst-mac Dst Mac Addr
src-dst-ip Src XOR Dst IP Addr
src-dst-mac Src XOR Dst Mac Addr
src-ip Src IP Addr
src-mac Src Mac Addr
good luck
if helps Rate