HDFC Balanced Advantage Fund
HDFC Mutual Fund · Balanced Advantage · Regular plan, growth option
NAV (₹), 1 Oct 2026
501.8220
1-day change
-0.69%
1Y return
-3.2%
3Y CAGR
9.3%
5Y CAGR
12.5%
Max drawdown, 5Y
−10.3%
NAV history month-end NAV, ₹ · 3 Apr 2006 to 1 Oct 2026
Returns vs Balanced Advantage median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.3% | -3.9% |
| 3 months | -3.7% | -2.7% |
| 6 months | 2.6% | 4.0% |
| Year to date | -6.2% | -3.2% |
| 1 year | -3.2% | -0.8% |
| 3 years (CAGR) | 9.3% | 7.5% |
| 5 years (CAGR) | 12.5% | 7.1% |
| 7 years (CAGR) | 14.8% | 9.3% |
| 10 years (CAGR) | 13.2% | 8.3% |
| Since first NAV (CAGR) | 12.8% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.2% | 7.5% |
| 3Y rolling median | 13.9% | 11.0% |
| 3Y rolling worst | -4.4% | 5.1% |
| 3Y periods positive | 96% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 13.5% | 10.5% |
| 5Y rolling worst | 0.7% | 2.7% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 10.8% | 9.2% |
| Sharpe ratio | 0.31 | 0.17 |
| Sortino ratio | 0.46 | 0.25 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −58.9% | −16.4% |
| Maximum drawdown, last 10Y | −34.5% | −26.0% |
| Maximum drawdown, last 5Y | −10.3% | −10.3% |
| Current drawdown | −6.9% | −5.5% |
| Recovery time of worst fall | 487 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.31% a year and the Direct plan's 0.78%, a gap of 0.53%; over the last 3 years the Direct plan returned 0.65 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹12,86,778.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Gopal Agrawal | Fund Manager of the Scheme (Equity Assets) | n/a |
| Ihab Dalwai | Fund Manager of the Scheme (Equity Assets) | n/a |
| Nandita Menezes | Dedicated Fund Manager for (Arbitrage Assets) | n/a |
| Arun Agarwal | Dedicated Fund Manager for (Arbitrage Assets) | n/a |
| Anil Bamboli | Fund Manager of the Scheme (Debt Assets) | n/a |
| Gopal Agrawal | Fund Manager for Overseas Investments | n/a |
Objective: 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 achieved.
Stated asset allocation: Equity and Equity related instruments# : 65%-100%; Debt Securities (including securitized debt) and money market instruments : 0% - 35%; . #Unhedged equity exposure shall be limited to 90% of the portfolio value. Unhedged equity exposure means exposure to equity shares alone without a corresponding equity derivative exposure. For detailed asset allocation, refer Scheme Information Document (SID) available on the website.
Benchmark (tier 1): NIFTY 50 Hybrid Composite Debt 50:50 Index
Exit load: In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
Minimum application: Rs.100
Allotment date: 1 Feb 1994
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.31% | 2.31% |
| AUM, whole scheme (₹ crore) | 1,02,534 | 2,109 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -2.0% | -2.7% TRI |
| Return, 3 years (AMFI) | 9.5% | 6.0% TRI |
| Return, 5 years (AMFI) | 12.6% | 6.0% TRI |
| Month-ends above category median (3Y CAGR) | 89% | 48% median |
| Month-ends in category top quartile (3Y) | 86% | 11% median |
| 7Y rolling CAGR, median (monthly windows) | 13.0% | 10.0% median |
Official benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Balanced Advantage Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -6.2% | n/a | – |
| 2025 | 7.2% | n/a | – |
| 2024 | 16.7% | n/a | – |
| 2023 | 31.3% | n/a | – |
| 2022 | 18.8% | n/a | – |
| 2021 | 26.4% | n/a | – |
| 2020 | 7.6% | n/a | – |
| 2019 | 6.9% | n/a | – |
| 2018 | -0.8% | n/a | – |
| 2017 | 35.4% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,15,625 | -6.7% |
| 3 years | ₹3,60,000 | ₹3,70,199 | 1.8% |
| 5 years | ₹6,00,000 | ₹7,61,358 | 9.5% |
| 10 years | ₹12,00,000 | ₹23,87,674 | 13.2% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HDFC Mutual Fund
Category: Balanced Advantage
Plan / option: Regular · Growth
AMFI scheme code: 100119
ISIN: INF179K01830
First NAV in MFIC data: 3 Apr 2006
History: 20.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Canara Robeco Balanced Advantage Fund | Balanced Advantage | 0.99 | n/a |
| HDFC Equity Savings Fund | Equity Savings | 0.97 | 6.8% |
| Franklin India Balanced Advantage Fund | Balanced Advantage | 0.96 | 7.1% |
| Mirae Asset Balanced Advantage Fund | Balanced Advantage | 0.95 | 8.1% |
| HDFC Aggressive Hybrid Fund | Aggressive Hybrid | 0.95 | 4.8% |
| ICICI Prudential Aggressive Hybrid Fund | Aggressive Hybrid | 0.95 | 11.3% |
Questions about HDFC Balanced Advantage Fund
- What is the latest NAV of HDFC Balanced Advantage Fund?
- The NAV of the Regular plan (growth option) was ₹501.8220 on 1 Oct 2026, as published by AMFI.
- Which category is HDFC Balanced Advantage Fund in?
- It is classified as Balanced Advantage in AMFI's daily NAV file; a Balanced Advantage scheme changes its equity and debt mix dynamically. MFIC compares it with 37 Balanced Advantage schemes (Regular plans).
- What returns has HDFC Balanced Advantage Fund delivered?
- Over one year the NAV changed by -3.2%. The 3-year CAGR is 9.3% (category median 7.5%) and the 5-year CAGR is 12.5% (category median 7.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 13.9%, the lowest was -4.4%, and 96% of 3-year periods ended with a gain.
- What was the largest fall in HDFC Balanced Advantage Fund's NAV?
- The largest peak-to-trough fall in its available history was 58.9%; within the last five years it was 10.3% (category median 10.3%).
- How volatile is HDFC Balanced Advantage Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 10.8%, which is above the Balanced Advantage category median of 9.2%.
- What would a monthly SIP in HDFC Balanced Advantage Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,61,358 on 1 Oct 2026, an annualised return (XIRR) of 9.5%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HDFC Balanced Advantage Fund?
- The total expense ratio of the Regular plan is 1.31% a year, as disclosed to AMFI (median of Balanced Advantage Regular plans: 2.31%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HDFC Balanced Advantage Fund?
- Assets under management of the whole scheme were ₹1,02,534 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HDFC Balanced Advantage Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HDFC Balanced Advantage Fund and how has it compared?
- Its official benchmark is the NIFTY 50 Hybrid Composite Debt 50:50 Index. Over 3 years AMFI reports a return of 9.5% for this plan against 6.0% for the benchmark total return index; over 5 years 12.6% against 6.0%. Past performance does not indicate future results.
- How often has HDFC Balanced Advantage Fund beaten its category?
- At 89% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Balanced Advantage schemes (Regular plans); it was in the top quarter at 86% of them. A typical scheme would show about 50%.
- Who manages HDFC Balanced Advantage Fund?
- According to its Scheme Summary Document, HDFC Balanced Advantage Fund is managed by Gopal Agrawal, Ihab Dalwai, Nandita Menezes, Arun Agarwal, Anil Bamboli, Gopal Agrawal.
- What is the exit load of HDFC Balanced Advantage Fund?
- As stated in its scheme documents: In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HDFC Balanced Advantage Fund?
- The minimum application amount is Rs.100. SIP details: For SIP DSIP, WSIP, MSIP - Rs. 100; QSIP - Rs. 1500; HSIP - Rs. 2500; YSIP - Rs. 5000. For SWAP Fixed SWAP - Rs. 100; Variable SWAP - Rs. 300. For STP Fixed STP (FSTP) Daily FSTP - Rs. 500; Weekly FSTP - Rs. 500; Monthly FSTP - Rs. 1000; Quarterly FSTP -Rs. 3000. Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300; Quarterly CASTP - Rs 1000..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -2.6% and the Regular plan's by -3.2%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
Follow HDFC Balanced Advantage Fund by email
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.
Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.