HDFC Balanced Advantage Fund is a Balanced Advantage fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹1,02,534 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 10.5% a year and its Regular plan returned 9.9% a year. Its benchmark, NIFTY 50 Hybrid Composite Debt 50:50 Index, returned 6.0% a year over the same 3 years.
NAV (Direct plan)
₹546.24
▼ 0.08% · 30-10-2026
NAV (Regular plan)
₹501.73
▼ 0.08% · 30-10-2026
Expense ratio
0.77%Direct1.30%Regular
0.77%
A year
Riskometer
Very High
Set by the fund house
3 year return
10.5%Direct9.9%Regular
10.5%
A year
HDFC Balanced Advantage Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹546.24 (down 0.08% that day); Regular Plan Growth ₹501.73 (down 0.08% that day).
This fund (Direct plan)
₹546.24
HDFC Balanced Advantage Fund Returns vs NIFTY 50 Hybrid Composite Debt 50:50 Index
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.67%
−4.30%
−2.27%
−5.25%
+10.53%
+13.03%
+13.61%
This fund (Regular)
−0.71%
−4.43%
−2.53%
−5.78%
+9.88%
+12.33%
+12.87%
NIFTY 50 Hybrid Composite Debt 50:50 Index
−3.31%
−3.02%
+1.93%
−2.65%
+6.05%
+5.96%
--
Balanced Advantage average
−0.55%
−2.88%
+0.08%
−2.08%
+9.14%
+8.35%
+9.91%
Best in Balanced Advantage
+1.54%
+1.98%
+8.19%
+8.40%
+12.82%
+13.03%
+13.61%
Worst in Balanced Advantage
−3.94%
−6.19%
−4.43%
−6.88%
+2.71%
+5.58%
+7.30%
Rank in Balanced Advantage
23/37
31/37
33/37
33/36
9/30
1/20
1/11
Category rows compare the Direct plans of 38 Balanced Advantage funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.
HDFC Balanced Advantage Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
−5.77%
−6.20%
2025
+7.87%
+7.24%
2024
+17.44%
+16.71%
2023
+32.13%
+31.30%
2022
+19.56%
+18.78%
2021
+27.11%
+26.36%
HDFC Balanced Advantage Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,667 periods, one for each trading day from 01-01-2016 to 30-10-2026.
−10%0%10%20%30%40%
HDFC Balanced Advantage Fund (Direct)
Category average, 38 Balanced Advantage funds
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
HDFC Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds
2%
0%
Below 0%
5%
3%
0-5%
6%
21%
5-10%
34%
69%
10-15%
28%
8%
15-20%
14%
0%
20-25%
11%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
3,155
13.1%
−30.4%
76.4%
15%
10.0%
67%
2 years
2,913
16.7%
−11.3%
45.1%
5%
12.0%
76%
3 years
2,667
15.5%
−3.7%
33.8%
2%
11.8%
88%
5 years
2,174
15.3%
1.4%
29.8%
0%
11.5%
92%
7 years
1,685
15.1%
7.3%
18.5%
0%
11.1%
98%
10 years
941
15.7%
13.4%
18.6%
0%
11.4%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
154
13.8%
−43.3%
72.1%
18%
10.3%
67%
2 years
142
15.5%
−22.9%
37.2%
8%
10.7%
77%
3 years
130
15.7%
−14.2%
30.9%
5%
11.9%
86%
5 years
106
15.7%
−3.1%
28.4%
2%
11.4%
89%
7 years
82
15.7%
2.4%
22.8%
0%
11.3%
89%
10 years
46
17.0%
13.9%
19.3%
0%
11.8%
100%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
HDFC Balanced Advantage Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
HDFC Balanced Advantage Fund (Direct)This fund
Category average
Return (CAGR)
−5.25%
−2.10%
Standard deviation
9.95%
8.39%
Sharpe ratio
-1.05
-0.88
Sortino ratio
-1.39
-1.17
Maximum drawdown
−10.2%
(30-03-2026)
−8.3%
(30-03-2026)
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
HDFC Balanced Advantage Fund (Direct)This fund
Category average
Return (CAGR)
+10.53%
+9.05%
Standard deviation
9.77%
7.94%
Sharpe ratio
0.46
0.38
Sortino ratio
0.61
0.51
Maximum drawdown
−10.2%
(30-03-2026)
−9.4%
(28-02-2025)
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
HDFC Balanced Advantage Fund (Direct)This fund
Category average
Return (CAGR)
+13.03%
+8.47%
Standard deviation
9.68%
7.56%
Sharpe ratio
0.75
0.35
Sortino ratio
1.01
0.48
Maximum drawdown
−10.2%
(30-03-2026)
−9.4%
(28-02-2025)
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
HDFC Balanced Advantage Fund (Direct)This fund
Category average
Return (CAGR)
+13.61%
+9.99%
Standard deviation
13.28%
8.64%
Sharpe ratio
0.62
0.53
Sortino ratio
0.83
0.71
Maximum drawdown
−34.2%
(23-03-2020)
−22.6%
(23-03-2020)
From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
HDFC Balanced Advantage Fund (Direct)This fund
Category average
Return (CAGR)
+13.51%
+10.55%
Standard deviation
14.22%
8.90%
Sharpe ratio
0.52
0.51
Sortino ratio
0.71
0.68
Maximum drawdown
−34.2%
(23-03-2020)
−22.6%
(23-03-2020)
From daily NAVs, 01-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−40%−30%−20%−10%0%
HDFC Balanced Advantage Fund (Direct)
Category average, 38 Balanced Advantage funds
2014201620182020202220242026
HDFC Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
HDFC Balanced Advantage Fund (Direct)
−34.2%
04-07-2019
23-03-2020
03-12-2020
8 months
−6.5%
Category average
−22.6%
12-02-2020
23-03-2020
18-08-2020
5 months
−4.2%
From the Direct plan's daily NAV since 01-01-2013, adjusted for unit splits, and the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
HDFC Balanced Advantage Fund vs Other Balanced Advantage Funds
The five Balanced Advantage funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
HDFC Balanced Advantage Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Balanced Advantage median
Cost rank (1 = cheapest)
Direct
0.64%
0.00%
0.00%
0.13%
0.77%
1.04%
4/38
Regular
1.09%
0.00%
0.00%
0.21%
1.30%
2.30%
2/38
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Balanced Advantage funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−5.78%
−5.25%
0.53%
₹94,220
₹94,750
3 years
9.88%
10.53%
0.65% a year
₹1,32,665
₹1,35,033
5 years
12.33%
13.03%
0.70% a year
₹1,78,846
₹1,84,488
10 years
12.87%
13.61%
0.74% a year
₹3,35,572
₹3,58,233
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
HDFC Balanced Advantage Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 01-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planHDFC Balanced Advantage Fund (Direct)
₹16,60,000
₹46,90,351
₹30,30,351
13.9%
Regular planHDFC Balanced Advantage Fund (Regular)
Direct planHDFC Balanced Advantage Fund (Direct)Regular planHDFC Balanced Advantage Fund (Regular)Category averageCategory average, 38 Balanced Advantage fundsAmount invested
From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
HDFC Balanced Advantage Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
73.4%Equity
Asset
Fund
Category
Equity
73.4%
69.0%
Debt
23.6%
23.0%
Cash and others
2.9%
7.9%
Market cap of stocks
Market cap
Fund
Category
Large Cap
54.4%
47.4%
Mid Cap
9.4%
11.6%
Small Cap
9.4%
8.8%
Not on AMFI's list
0.2%
1.4%
Share of the whole fund. Category: the average of the Balanced Advantage funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Credit rating
Bonds and money market papers by credit rating, % of the fund. Category: the average of 37 Balanced Advantage funds.
Rating
Fund
Category
Sovereign
6.4%
7.4%
AAA and A1+
15.9%
11.3%
AA
1.4%
3.3%
HDFC Balanced Advantage Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks18.8%
Pharmaceuticals & Biotechnology5.6%
Petroleum Products5.2%
IT - Software4.5%
Construction3.7%
Automobiles3.5%
Telecom - Services3.2%
Finance3.0%
Retailing2.8%
Insurance2.7%
The ten largest of 41 sectors. The other 31 add up to 20.6%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
18.7%
19.0%
18.8%
+0.1%
Pharmaceuticals & Biotechnology
5.1%
5.5%
5.6%
+0.5%
Petroleum Products
5.3%
5.3%
5.2%
−0.1%
IT - Software
4.8%
4.9%
4.5%
−0.3%
Construction
3.6%
3.7%
3.7%
+0.1%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
HDFC Balanced Advantage Fund Portfolio Holdings
As on 30-09-2026 · 325 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
ICICI Bank Ltd.
Banks
5.06%
0.0%
HDFC Bank Ltd.
Banks
4.32%
0.0%
Reliance Industries Ltd.
Petroleum Products
3.64%
0.0%
State Bank of India
Banks
3.28%
0.0%
Bharti Airtel Ltd.
Telecom - Services
3.05%
+2.9%
Axis Bank Ltd.
Banks
2.65%
0.0%
Larsen and Toubro Ltd.
Construction
2.52%
0.0%
7.18% GOI MAT 140833 · Government security
Sovereign
2.04%
NTPC Limited
Power
2.00%
0.0%
Coal India Ltd.
Consumable Fuels
1.77%
0.0%
Eternal Limited
Retailing
1.68%
0.0%
Kotak Mahindra Bank Limited
Banks
1.58%
0.0%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
1.55%
+4.8%
Infosys Limited
IT - Software
1.45%
0.0%
Maruti Suzuki India Limited
Automobiles
1.42%
+5.2%
HCL Technologies Ltd.
IT - Software
1.21%
0.0%
InterGlobe Aviation Ltd.
Transport Services
1.18%
0.0%
Life Insurance Corporation of India
Insurance
1.17%
0.0%
Lupin Ltd.
Pharmaceuticals & Biotechnology
1.13%
0.0%
ITC LIMITED
Diversified FMCG
1.10%
0.0%
Tata Consultancy Services Ltd.
IT - Software
1.08%
0.0%
SBI Life Insurance Company Ltd.
Insurance
0.88%
0.0%
Embassy Office Parks REIT
Realty
0.83%
Mahindra & Mahindra Ltd.
Automobiles
0.82%
0.0%
GAIL (India) Ltd.
Gas
0.82%
0.0%
Divis Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.81%
0.0%
Hyundai Motor India Limited
Automobiles
0.79%
0.0%
7.34% GOI MAT 220464 · Government security
Sovereign
0.74%
Tata Steel Ltd.
Ferrous Metals
0.68%
0.0%
Bank of Baroda
Banks
0.67%
0.0%
Apar Industries Limited
Electrical Equipment
0.64%
0.0%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.63%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.61%
0.0%
Hindustan Petroleum Corp. Ltd.
Petroleum Products
0.60%
0.0%
Power Finance Corporation Ltd.
Finance
0.59%
0.0%
JSW Infrastructure Limited
Transport Infrastructure
0.59%
−1.6%
State Bank of India (Tier 2 - Basel III) · Bond
CRISIL - AAA
0.58%
Indusind Bank Ltd.
Banks
0.57%
0.0%
UltraTech Cement Limited
Cement & Cement Products
0.56%
+20.8%
6.9% GOI MAT 150465 · Government security
Sovereign
0.55%
BROOKFIELD INDIA REAL ESTATE TRUST
Realty
0.51%
Pipeline Infrastructure Pvt. Ltd. · Bond
CRISIL - AAA
0.50%
REC Limited.
Finance
0.50%
0.0%
State Bank of India (Tier 2 - Basel III) · Bond
ICRA - AAA
0.49%
7.1% GOI MAT 080434 · Government security
Sovereign
0.48%
Au Small Finance Bank Ltd.
Banks
0.48%
0.0%
Ipca Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.47%
0.0%
Jindal Steel Limited.
Ferrous Metals
0.47%
0.0%
Dynamatic Technologies Ltd.
Industrial Manufacturing
0.46%
0.0%
Hindustan Aeronautics Limited
Aerospace & Defense
0.45%
0.0%
Aurobindo Pharma Ltd.
Pharmaceuticals & Biotechnology
0.44%
0.0%
CANARA HSBC LIFE INSURANCE COMPANY LIMITED
Insurance
0.43%
0.0%
Cholamandalam Investment & Finance Co. Ltd.
Finance
0.43%
0.0%
7.18% GOI MAT 240737 · Government security
Sovereign
0.42%
BEML Limited
Agricultural, Commercial & Construction Vehicles
0.42%
0.0%
Techno Electric & Engin. Co. Ltd.
Construction
0.42%
0.0%
Torrent Power Ltd. · Bond
CRISIL - AA+
0.42%
Bajaj Auto Limited
Automobiles
0.40%
0.0%
WeWork India Management Limited
Commercial Services & Supplies
0.39%
0.0%
Small Industries Development Bank · Bond
CRISIL - AAA
0.39%
KAYNES TECHNOLOGY INDIA LIMITED
Industrial Manufacturing
0.39%
0.0%
REC Limited. · Bond
CRISIL - AAA
0.38%
Britannia Industries Ltd.
Food Products
0.38%
0.0%
Vishal Mega Mart Limited
Retailing
0.37%
0.0%
Gujarat Pipavav Port Ltd.
Transport Infrastructure
0.37%
0.0%
Small Industries Development Bank · Bond
CRISIL - AAA
0.37%
Apollo Tyres Ltd.
Auto Components
0.36%
0.0%
Bharat Forge Ltd.
Auto Components
0.35%
0.0%
HDFC Bank Ltd. · Bond
CRISIL - AAA
0.34%
Five-Star Business Finance Limited
Finance
0.34%
0.0%
Titagarh Wagons Limited
Industrial Manufacturing
0.34%
0.0%
Bajaj Finserv Ltd.
Finance
0.34%
0.0%
7.27% Gujarat SDL ISD 171225 MAT 171234 · State government security
Sovereign
0.33%
Housing and Urban Development Corporation Ltd. · Bond
CARE - AAA
0.33%
Indian Railways Finance Corp. Ltd. · Bond
CRISIL - AAA
0.33%
Bajaj Finance Ltd. · Bond
CRISIL - AAA
0.32%
Hindustan Unilever Ltd.
Diversified FMCG
0.31%
0.0%
Savita Oil Technologies Ltd.
Petroleum Products
0.31%
0.0%
POWERGRID Infrastructure Investment Trust
Power
0.31%
Ambuja Cements Ltd.
Cement & Cement Products
0.30%
0.0%
Bosch Limited
Auto Components
0.30%
0.0%
Oil & Natural Gas Corporation Ltd.
Oil
0.29%
0.0%
Bajaj Finance Ltd. · Bond
CRISIL - AAA
0.29%
Muthoot Finance Ltd. · Bond
CRISIL - AA+
0.29%
UltraTech Cement Limited · Bond
CRISIL - AAA
0.29%
HDFC Bank Ltd. · Bond
CRISIL - AAA
0.28%
Mishra Dhatu Nigam Ltd.
Aerospace & Defense
0.28%
0.0%
Rubicon Research Limited
Pharmaceuticals & Biotechnology
0.28%
0.0%
Alkem Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.28%
+22.0%
United Spirits Limited
Beverages
0.28%
0.0%
Jamnagar Utilities & Power Pvt. Limited · Bond
CRISIL - AAA
0.28%
MphasiS Limited.
IT - Software
0.27%
+3.9%
Hexaware Technologies Ltd.
IT - Software
0.26%
0.0%
Kalpataru Projects International Ltd
Construction
0.26%
0.0%
TEGA INDUSTRIES LIMITED
Industrial Manufacturing
0.25%
0.0%
Bank of Baroda (Tier 2 - Basel III) · Bond
CRISIL - AAA
0.24%
Bank of Baroda · Certificate of deposit
CARE - A1+
0.24%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.24%
Punjab National Bank · Bond
CRISIL - AAA
0.24%
Aavas Financiers Ltd.
Finance
0.24%
0.0%
National Bank for Agri & Rural Dev. · Bond
ICRA - AAA
0.24%
Bajaj Finance Ltd. · Bond
CRISIL - AAA
0.24%
Bajaj Housing Finance Ltd. · Bond
CRISIL - AAA
0.24%
Bajaj Housing Finance Ltd. · Bond
CRISIL - AAA
0.24%
HDB Financial Services Ltd. · Bond
CRISIL - AAA
0.24%
Bharat Dynamics Limited
Aerospace & Defense
0.23%
0.0%
LMW Limited
Industrial Manufacturing
0.23%
0.0%
India Universal Trust AL2 (Originator - HDFC Bank Limited)
CRISIL - AAA(SO)
0.22%
J.Kumar Infraprojects Ltd.
Construction
0.22%
0.0%
Time Technoplast Limited
Industrial Products
0.21%
0.0%
National Housing Bank · Bond
CARE - AAA
0.21%
NHPC Ltd.
Power
0.21%
0.0%
Entero Healthcare Solutions Limited
Retailing
0.20%
New
Billionbrains Garage Ventures Limited (Groww)
Capital Markets
0.20%
0.0%
Cholamandalam Investment & Finance Co. Ltd. · Bond
ICRA - AA+
0.20%
Godrej Properties Ltd.
Realty
0.20%
0.0%
National Housing Bank · Bond
CRISIL - AAA
0.20%
PCBL Chemical Limited
Chemicals & Petrochemicals
0.20%
0.0%
Trent Ltd.
Retailing
0.20%
0.0%
Glenmark Pharmaceuticals Ltd.
Pharmaceuticals & Biotechnology
0.20%
0.0%
Indian Railways Finance Corp. Ltd. · Bond
CRISIL - AAA
0.19%
State Bank of India (Tier 2 - Basel III) · Bond
CRISIL - AAA
0.19%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.19%
Mahanagar Telephone Nigam Ltd. · Bond
CARE - AAA(CE)
0.19%
National Bank for Agri & Rural Dev. · Bond
CRISIL - AAA
0.19%
Sundaram Finance Ltd. · Bond
ICRA - AAA
0.19%
7.22% Madhya Pradesh SDL ISD 060825 Mat 060843 · State government security
Sovereign
0.18%
Cohance Lifesciences Limited
Pharmaceuticals & Biotechnology
0.18%
0.0%
Tech Mahindra Ltd.
IT - Software
0.18%
0.0%
Indian Railways Finance Corp. Ltd. · Bond
CRISIL - AAA
0.17%
Cholamandalam Investment & Finance Co. Ltd. · Bond
CARE - AA+
0.17%
Ashoka Buildcon Ltd.
Construction
0.17%
0.0%
CESC Ltd.
Power
0.17%
0.0%
REC Limited. · Bond
CRISIL - AAA
0.16%
Tata Motors Limited
Agricultural, Commercial & Construction Vehicles
0.16%
0.0%
Ashok Leyland Ltd
Agricultural, Commercial & Construction Vehicles
0.16%
0.0%
National Bank for Agri & Rural Dev. · Bond
ICRA - AAA
0.16%
7.22% Madhya Pradesh ISD 060825 MAT 060848 · State government security
Sovereign
0.15%
Asian Paints Limited
Consumer Durables
0.15%
0.0%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.15%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.15%
National Bank for Agri & Rural Dev. · Bond
CRISIL - AAA
0.15%
Crompton Greaves Consumer Elec. Ltd.
Consumer Durables
0.15%
0.0%
Muthoot Finance Ltd. · Bond
CRISIL - AA+
0.15%
Small Industries Development Bank · Bond
CRISIL - AAA
0.15%
Indian Railways Finance Corp. Ltd. · Bond
CRISIL - AAA
0.14%
Cipla Ltd.
Pharmaceuticals & Biotechnology
0.14%
0.0%
CG Power and Industrial Solutions Ltd.
Electrical Equipment
0.14%
0.0%
Garden Reach Shipbuilders & Engineers Limited
Aerospace & Defense
0.14%
0.0%
Yes Bank Ltd. · Certificate of deposit
CRISIL - A1+
0.14%
Power Grid Corporation of India Ltd. · Bond
CRISIL - AAA
0.14%
HDFC Life Insurance Company Limited
Insurance
0.14%
+7.0%
TATA Capital Housing Finance Ltd. · Bond
CRISIL - AAA
0.13%
Indian Railways Finance Corp. Ltd. · Bond
CRISIL - AAA
0.13%
DLF LIMITED
Realty
0.13%
0.0%
Bandhan Bank Ltd.
Banks
0.13%
0.0%
Sundaram Finance Ltd. · Bond
ICRA - AAA
0.13%
Shriram Finance Ltd.
Finance
0.13%
0.0%
7.09% GOI MAT 050854 · Government security
Sovereign
0.12%
Housing and Urban Development Corporation Ltd. · Bond
CARE - AAA
0.12%
Dr Reddys Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.12%
0.0%
India Universal Trust AL2 (Originator - HDFC Bank Limited)
CRISIL - AAA(SO)
0.12%
Bajaj Housing Finance Ltd. · Bond
CRISIL - AAA
0.12%
Aditya Birla Sun Life AMC Limited
Capital Markets
0.12%
0.0%
Whirlpool of India Ltd.
Consumer Durables
0.12%
0.0%
SBI CARDS AND PAYMENT SERVICES LIMITED
Finance
0.11%
0.0%
Pipeline Infrastructure Pvt. Ltd. · Bond
CRISIL - AAA
0.11%
REC Limited. · Bond
CRISIL - AAA
0.11%
Tata Motors Passenger Vehicles Limited
Automobiles
0.11%
0.0%
Gujarat Industries Power Co. Ltd.
Power
0.11%
0.0%
Avenue Supermarts Ltd.
Retailing
0.11%
0.0%
LG Electronics India Limited
Consumer Durables
0.11%
0.0%
INFO EDGE (INDIA) LIMITED
Retailing
0.11%
0.0%
Jio Financial Services Limited
Finance
0.11%
0.0%
Jamnagar Utilities & Power Pvt. Limited · Bond
CRISIL - AAA
0.11%
6.94% GOI MAT 110536 · Government security
Sovereign
0.10%
7.63% Andhra Pradesh SDL ISD 030925 MAT 030937 · State government security
Sovereign
0.10%
Swiggy Limited
Retailing
0.10%
0.0%
Housing and Urban Development Corporation Ltd. · Bond
CARE - AAA
0.10%
Indian Railways Finance Corp. Ltd. · Bond
CRISIL - AAA
0.10%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.10%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.10%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.10%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.10%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.10%
Cholamandalam Investment & Finance Co. Ltd. · Bond
ICRA - AA+
0.10%
JSW Energy Ltd.
Power
0.10%
0.0%
Power Finance Corporation Ltd. · Bond
CRISIL - AAA
0.10%
Power Finance Corporation Ltd. · Bond
CRISIL - AAA
0.10%
Power Finance Corporation Ltd. · Bond
CRISIL - AAA
0.10%
Blue Dart Express Ltd.
Transport Services
0.10%
0.0%
National Bank for Agri & Rural Dev. · Bond
CRISIL - AAA
0.10%
Bajaj Finance Ltd. · Bond
CRISIL - AAA
0.10%
Small Industries Development Bank · Bond
CRISIL - AAA
0.10%
Small Industries Development Bank · Bond
CRISIL - AAA
0.10%
National Housing Bank · Bond
CARE - AAA
0.10%
National Housing Bank · Bond
CRISIL - AAA
0.10%
Union Bank of India · Certificate of deposit
ICRA - A1+
0.10%
Kotak Mahindra Investments Ltd. · Bond
CRISIL - AAA
0.10%
Tata Capital Ltd. · Bond
CRISIL - AAA
0.10%
7.07% Gujarat SDL ISD 240925 MAT 261133 · State government security
Sovereign
0.09%
6.99% Madhya Pradesh SDL Mat 171141 · State government security
Sovereign
0.09%
7.48% Madhya Pradesh MAT 011045 · State government security
Sovereign
0.09%
Milky Mist Dairy Food Limited
Food Products
0.09%
0.0%
UTI Asset Management Company Ltd
Capital Markets
0.09%
0.0%
Indraprastha Gas Ltd.
Gas
0.09%
0.0%
National Bank for Agri & Rural Dev. · Bond
CRISIL - AAA
0.09%
Bajaj Finance Ltd. · Bond
CRISIL - AAA
0.09%
Texmaco Rail & Engineering Ltd.
Industrial Manufacturing
0.09%
0.0%
Jubilant Foodworks Limited
Leisure Services
0.09%
0.0%
7.48% Andhra Pradesh SDL ISD 030925 MAT 030933 · State government security
Sovereign
0.08%
REC Limited. · Bond
CRISIL - AAA
0.08%
Aegis Vopak Terminals Limited
Oil
0.08%
0.0%
TENNECO CLEAN AIR INDIA LIMITED
Auto Components
0.08%
0.0%
7.26% GOI MAT 220832 · Government security
Sovereign
0.07%
7.29% Rajasthan SDL ISD 191125 Mat 191137 · State government security
Sovereign
0.07%
Indian Railways Finance Corp. Ltd. · Bond
CRISIL - AAA
0.07%
Indian Railways Finance Corp. Ltd. · Bond
CRISIL - AAA
0.07%
Nuvoco Vistas Corporation Ltd.
Cement & Cement Products
0.07%
0.0%
L&T Metro Rail (Hyderabad) Ltd · Bond
CRISIL - AAA(CE)
0.07%
Power Finance Corporation Ltd. · Bond
CRISIL - AAA
0.07%
ITC Hotels Limited
Leisure Services
0.07%
0.0%
Home First Finance Company India Ltd
Finance
0.07%
0.0%
Small Industries Development Bank · Bond
CRISIL - AAA
0.07%
7.48% Andhra Pradesh SDL ISD 030925 MAT 030934 · State government security
Sovereign
0.06%
7.62% Andhra Pradesh SDL ISD 030925 MAT 030936 · State government security
Sovereign
0.06%
HDFC Bank Ltd. · Bond
CRISIL - AAA
0.06%
Ceigall India Limited
Construction
0.06%
+30.4%
Zee Entertainment Enterprises Ltd.
Entertainment
0.06%
0.0%
Bharti Telecom Limited · Bond
CRISIL - AAA
0.06%
VODAFONE IDEA LIMITED
Telecom - Services
0.06%
0.0%
Torrent Power Ltd.
Power
0.06%
0.0%
7.3% GOI MAT 190653 · Government security
Sovereign
0.05%
7.72% Bihar SDL - MAT 250241 · State government security
Sovereign
0.05%
7.64% Gujarat SDL ISD 170124 MAT 170133 · State government security
Sovereign
0.05%
7.20% Maharashtra SDL MAT 231036 · State government security
Sovereign
0.05%
7.39% TAMIL NADU SDL - Mat 150734 · State government security
Sovereign
0.05%
Housing and Urban Development Corporation Ltd.
Finance
0.05%
0.0%
Housing and Urban Development Corporation Ltd. · Bond
ICRA - AAA
0.05%
HDFC Bank Ltd. · Bond
CRISIL - AAA
0.05%
HDFC Bank Ltd. · Bond
CRISIL - AAA
0.05%
Grasim Industries Ltd. · Bond
CRISIL - AAA
0.05%
Grasim Industries Ltd. · Bond
CRISIL - AAA
0.05%
Indian Railways Finance Corp. Ltd. · Bond
CRISIL - AAA
0.05%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.05%
Elevate Campuses Limited
Commercial Services & Supplies
0.05%
New
Indian Oil Corporation Ltd. · Bond
CRISIL - AAA
0.05%
National Bank for Agri & Rural Dev. · Bond
CRISIL - AAA
0.05%
Persistent Systems Limited
IT - Software
0.05%
0.0%
Westlife Foodworld Limited
Leisure Services
0.05%
0.0%
Bharti Hexacom Limited
Telecom - Services
0.05%
0.0%
Bharti Telecom Limited · Bond
CRISIL - AAA
0.05%
360 ONE WAM LIMITED
Capital Markets
0.05%
0.0%
Small Industries Development Bank · Bond
CRISIL - AAA
0.05%
Small Industries Development Bank · Bond
CRISIL - AAA
0.05%
National Housing Bank · Bond
CARE - AAA
0.05%
Power Grid Corporation of India Ltd. · Bond
CRISIL - AAA
0.05%
7.64% % Gujarat SDL ISD 170124 Mat 170134 · State government security
Sovereign
0.04%
7.63% Gujarat SDL ISD 240124 Mat 240133 · State government security
Sovereign
0.04%
7.67% Haryana SDL MAT 250241 · State government security
Sovereign
0.04%
LIC Housing Finance Ltd. · Bond
CRISIL - AAA
0.04%
Voltas Ltd.
Consumer Durables
0.04%
New
National Bank for Agri & Rural Dev. · Bond
ICRA - AAA
0.04%
ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED
Capital Markets
0.04%
0.0%
PB Fintech Limited
Financial Technology (Fintech)
0.04%
0.0%
Adani Ports & Special Economic Zone
Transport Infrastructure
0.04%
0.0%
RHI MAGNESITA INDIA Limited
Industrial Products
0.04%
0.0%
Devyani International Ltd
Leisure Services
0.04%
0.0%
6.79% GOI MAT 071034 · Government security
Sovereign
0.03%
7.63% Gujarat SDL ISD 240124 Mat 240134 · State government security
Sovereign
0.03%
7.63% Gujarat SDL - MAT 100637 · State government security
Sovereign
0.03%
7.48% Uttar Pradesh SDL ISD 200324 Mat 200336 · State government security
Sovereign
0.03%
REC Limited. · Bond
CRISIL - AAA
0.03%
HDFC Bank Ltd. · Bond
CRISIL - AAA
0.03%
HDFC Bank Ltd. · Bond
CRISIL - AAA
0.03%
Ramco Systems Ltd.
IT - Software
0.03%
0.0%
Colgate-Palmolive ( I ) Ltd.
Personal Products
0.03%
0.0%
Medi Assist Healthcare Services Limited
Insurance
0.03%
0.0%
SBI Funds Management Limited
Capital Markets
0.03%
0.0%
GOI STRIPS - Mat 170628 · Government security
Sovereign
0.02%
7.23% GOI MAT 150439 · Government security
Sovereign
0.02%
7.45% Maharashtra ISD 220324 Mat 220339 · State government security
Sovereign
0.02%
Indian Railways Finance Corp. Ltd. · Bond
CRISIL - AAA
0.02%
Chambal Fertilizers & Chemicals Ltd.
Fertilizers & Agrochemicals
0.02%
0.0%
TruAlt Bioenergy Limited
Agricultural Food & Other Products
0.02%
0.0%
BEML Land Assets Limited
Finance
0.02%
0.0%
Sansar Trust July 2023 II (Originator - Shriram Finance Limited)
CRISIL - AAA(SO)
0.02%
Fusion Finance Limited
Finance
0.02%
0.0%
Emcure Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.02%
0.0%
Coromandel International Limited
Fertilizers & Agrochemicals
0.02%
0.0%
Varun Beverages Ltd
Beverages
0.02%
0.0%
National Bank for Agri & Rural Dev. · Bond
ICRA - AAA
0.02%
Bajaj Housing Finance Ltd.
Finance
0.02%
0.0%
Muthoot Finance Ltd. · Bond
CRISIL - AA+
0.02%
L&T Finance Ltd.
Finance
0.02%
0.0%
HEG Advanced Materials Limited
Industrial Products
0.02%
New
Aditya Infotech Limited
Industrial Manufacturing
0.02%
0.0%
Axis Finance Ltd. · Bond
CRISIL - AAA
0.02%
7.63% Maharashtra SDL Mat 310135 · State government security
Sovereign
0.01%
Paradeep Phosphates Limited
Fertilizers & Agrochemicals
0.01%
0.0%
Tata Chemicals Ltd.
Chemicals & Petrochemicals
0.01%
0.0%
Shiprocket Limited
Transport Services
0.01%
0.0%
JNK India Limited
Industrial Manufacturing
0.01%
0.0%
Tamilnadu Newsprint & Papers Ltd.
Paper, Forest & Jute Products
0.01%
−36.4%
Campus Activewear Limited
Consumer Durables
0.01%
0.0%
RAAJMARG INFRA INVESTMENT TRUST
Transport Infrastructure
0.01%
RITES Limited
Construction
0.01%
0.0%
Star Health and Allied Insurance Company Ltd
Insurance
0.01%
0.0%
UPL Ltd.
Fertilizers & Agrochemicals
0.01%
0.0%
Union Bank of India
Banks
0.01%
0.0%
Aster DM Quality Care Limited
Healthcare Services
0.01%
0.0%
6.67% GOI MAT 171250 · Government security
Sovereign
0.00%
6.99% GOI MAT 151251 · Government security
Sovereign
0.00%
7.26% GOI MAT 060233 · Government security
Sovereign
0.00%
7.17% GOI MAT 170430 · Government security
Sovereign
0.00%
7.25% GOI MAT 120663 · Government security
Sovereign
0.00%
7.47% Chhattisgarh SDL ISD 200324 MAT 200334 · State government security
Sovereign
0.00%
CMR Green Technologies Limited
Industrial Products
0.00%
0.0%
Indus Towers Limited
Telecom - Services
0.00%
0.0%
Tata Consumer Products Limited
Agricultural Food & Other Products
0.00%
0.0%
Kwality Wall’s (India) Limited
Food Products
0.00%
0.0%
Blue Star Ltd.
Consumer Durables
0.00%
New
AGS Transact Technologies Limited
Financial Technology (Fintech)
0.00%
0.0%
MEP Infrastructure Developers Ltd.
Transport Infrastructure
0.00%
0.0%
S Chand and Company Ltd.
Printing & Publication
0.00%
0.0%
HDFC Balanced Advantage Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Bharti Airtel Ltd.
↑Added
+2.9%
3.05%
Sun Pharmaceutical Industries Ltd.
↑Added
+4.8%
1.55%
Maruti Suzuki India Limited
↑Added
+5.2%
1.42%
JSW Infrastructure Limited
↓Reduced
−1.6%
0.59%
UltraTech Cement Limited
↑Added
+20.8%
0.56%
MphasiS Limited.
↑Added
+3.9%
0.27%
Alkem Laboratories Ltd.
↑Added
+22.0%
0.28%
Entero Healthcare Solutions Limited
↑New
New
0.20%
HDFC Life Insurance Company Limited
↑Added
+7.0%
0.14%
Ceigall India Limited
↑Added
+30.4%
0.06%
Elevate Campuses Limited
↑New
New
0.05%
Voltas Ltd.
↑New
New
0.04%
Fortis Healthcare Limited
↓Sold out
−100%
was 0.04%
HEG Advanced Materials Limited
↑New
New
0.02%
Tamilnadu Newsprint & Papers Ltd.
↓Reduced
−36.4%
0.01%
Blue Star Ltd.
↑New
New
0.00%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
HDFC Balanced Advantage Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.77%
Expense ratio (Regular)
1.30%
Category
Balanced Advantage
Risk
Very High
Launch date
01-02-1994
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹1,02,533.96 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
118968
ISIN (Direct)
INF179K01WA6
Scheme code (Regular)
100119
ISIN (Regular)
INF179K01830
NAV history
From 01-01-2013, 13.8 years
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Exit load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 year.
Tax on HDFC Balanced Advantage Fund returns
How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹546.24
30-10-2026
direct
IDCW
₹40.72
30-10-2026
regular
Growth
₹501.73
30-10-2026
regular
IDCW
₹34.062
30-10-2026
About HDFC Balanced Advantage Fund
HDFC Balanced Advantage Fund is a mutual fund from HDFC Mutual Fund. Its category is Balanced Advantage. It was launched on 01-02-1994. Its benchmark is NIFTY 50 Hybrid Composite Debt 50:50 Index. At the end of September 2026 it held 325 securities.
Fund Manager
Gopal Agrawal
Fund manager of HDFC Balanced Advantage Fund, since 29-07-2022
Ihab Dalwai
Fund manager of HDFC Balanced Advantage Fund, since 11-09-2026
Nandita Menezes
Fund manager of HDFC Balanced Advantage Fund, since 29-03-2025
– Mr. Arun Agarwal
Fund manager of HDFC Balanced Advantage Fund, since 06-10-2022
Anil Bamboli
Fund manager of HDFC Balanced Advantage Fund, since 29-07-2022
Frequently Asked Questions for HDFC Balanced Advantage Fund
What is the current NAV of HDFC Balanced Advantage Fund?
The Direct plan NAV is ₹546.24. The Regular plan NAV is ₹501.73, as on 30-10-2026.
What are the returns of HDFC Balanced Advantage Fund?
The Direct plan returned −5.25% in 1 year, +10.53% a year over 3 years, +13.03% a year over 5 years. The Regular plan returned −5.78% in 1 year, +9.88% a year over 3 years, +12.33% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of HDFC Balanced Advantage Fund?
The Direct plan charges 0.77% a year. The Regular plan charges 1.30% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of HDFC Balanced Advantage Fund?
HDFC Balanced Advantage Fund managed ₹1,02,533.96 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of HDFC Balanced Advantage Fund?
At the end of September 2026 the largest holdings were ICICIBANK (5.06%), HDFCBANK (4.32%), RELIANCE (3.64%), SBIN (3.28%), BHARTIARTL (3.05%). The fund held 325 securities in all.
What did HDFC Balanced Advantage Fund buy and sell in September 2026?
It bought 5 new stocks: Entero Healthcare Solutions Limited, Elevate Campuses Limited, Voltas Ltd, Blue Star Ltd, HEG Advanced Materials Limited. It sold out of 1: Fortis Healthcare Limited. It added shares in 8. It reduced 2.
How do I invest in HDFC Balanced Advantage Fund?
Through HDFC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Who is the fund manager of HDFC Balanced Advantage Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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