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HDFC Mutual Fund

HDFC Balanced Advantage Fund

HDFC Mutual Fund · Direct plan · Growth

3-year returns
11%
a year
NAV
₹561.00
▲ 0.4% · 18 Sept 2026
Fund size
₹1.07 lakh Cr
Expense ratio
0.76%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹515.60 and has returned 10.33% a year over 3 years.

Returns, and where it stands

Against the average balanced advantage fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year-1%1.3%behind28 of 36
3 years11%9.3%ahead6 of 30
5 years14.2%9%ahead1 of 20
10 years14.1%10.4%ahead1 of 10
Every period, and the Regular plan →
PeriodDirectRegular
1 month-2%-2%
3 months-0.9%-1%
6 months2.1%1.8%
1 year-1%-1.6%
2 yearsp.a.1.1%0.5%
3 yearsp.a.11%10.3%
5 yearsp.a.14.2%13.5%
7 yearsp.a.16.2%15.5%
10 yearsp.a.14.1%13.3%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▼ 1.03% in the last 1Y

525.5554.5583.518 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹12,502
XIRR (per year)
4.42%
Value today
₹1,92,502

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
9.8% a year
1.4% more than the category average — the bumpier side
Worst fall so far
−34.2%
Jul 2019 to Mar 2020, against −16.2% for the category.
Years that made money
87.8%
Of every one-year stretch it has been through.
Over any three years
-3.7% to 33.8%
A year, at worst and at best. Typically 16.6%.

Fund details

Minimum lumpsum
₹100
Minimum top-up
₹100
Lock-in
None
Plan started
1 Jan 2013
Portfolio turnover
0.10x
Expense ratio
0.76%
as of 31 Jul 2026

Managed by Anil Bamboli, Gopal Agrawal, Arun Agarwal, Ihab Dalwai, Dhruv Muchhal, Nandita Menezes

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

HDFC Balanced Advantage Fund against other funds in the Balanced Advantage Fund category
Fund1Y3Y5YExpenseFund size
Quant Dynamic Asset Allocation Fund-0.75%13.58%1.56%₹852 Cr
Baroda BNP Paribas Balanced Advantage Fund4.9%11.6%10.96%0.74%₹5,343 Cr
WhiteOak Capital Balanced Advantage Fund2.71%11.57%0.84%₹2,302 Cr
Aditya Birla Sun Life Balanced Advantage Fund5.65%11.5%10.22%0.59%₹10,125 Cr
Axis Balanced Advantage Fund1.4%11.15%9.41%1.07%₹3,836 Cr
HDFC Balanced Advantage Fund-1.03%10.99%14.2%0.76%₹1,07,296 Cr
Mahindra Manulife Balanced Advantage Fund3.28%10.94%0.88%₹923 Cr

About HDFC Balanced Advantage Fund

HDFC Balanced Advantage Fund is a balanced advantage fund managed by HDFC Mutual Fund. Change the mix of equity and debt dynamically, usually buying more equity when markets are cheap and less when they are expensive.

To provide long term capital appreciation / income from a dynamic mix of equity and debt investments. There is no assurance that the investment objective of the Scheme will be realized.

The scheme's stated objective, as published by HDFC Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth Option₹561.001118968
DirectIDCW Option₹42.33118969
RegularGrowth Option₹515.60100119
RegularIDCW Option₹35.514100120

Frequently asked questions

What is the NAV of HDFC Balanced Advantage Fund today?

The NAV of HDFC Balanced Advantage Fund (Direct plan, Growth) is ₹561.001 and the Regular plan NAV is ₹515.60, as of 18 Sept 2026.

What returns has HDFC Balanced Advantage Fund given?

Over the last year the Direct plan returned -1.03%, and 10.99% a year over 3 years and 14.2% a year over 5 years. That places it 6 of 30 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of HDFC Balanced Advantage Fund?

The Direct plan charges 0.76% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in HDFC Balanced Advantage Fund?

You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.

How much has HDFC Balanced Advantage Fund fallen in the past?

Its deepest fall was 34.2% from 4 Jul 2019 to 23 Mar 2020. Of every one-year stretch in its history, 88% ended in a gain.

Which category does HDFC Balanced Advantage Fund belong to?

It is a Balanced Advantage Fund from HDFC Mutual Fund. Change the mix of equity and debt dynamically, usually buying more equity when markets are cheap and less when they are expensive.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from HDFC Balanced Advantage Fund taxed?

How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.