HDFC Balanced Advantage Fund Direct Growth

HDFC Balanced Advantage Fund Direct Growth

+15.48%
3Y annualised
+0.51% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 14 May '26
₹552.30
Min. for SIP
₹100
Fund size (AUM)
₹1,05,377.65 Cr
Expense ratio
0.80%
Rating
5

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹59,015
-1.64%
3 years₹1,80,000₹1,97,886
+9.94%
5 years₹3,00,000₹4,10,798
+36.93%
10 years₹6,00,000₹13,06,831
+117.81%

Holdings (290)

NameSectorInstrumentsAssets
ICICI Bank Ltd.FinancialEquity4.47%
HDFC Bank Ltd.FinancialEquity4.14%
Reliance Industries Ltd.EnergyEquity4.09%
State Bank of IndiaFinancialEquity3.55%
Bharti Airtel Ltd.CommunicationEquity3.10%
Larsen & Toubro Ltd.ConstructionEquity2.51%
NTPC Ltd.EnergyEquity2.41%
Axis Bank Ltd.FinancialEquity2.40%
GOISovereignGOI Sec2.10%
Coal India Ltd.EnergyEquity2.02%
Infosys Ltd.TechnologyEquity1.82%
GOISovereignGOI Sec1.46%
Maruti Suzuki India Ltd.AutomobileEquity1.44%
Sun Pharmaceutical Industries Ltd.HealthcareEquity1.43%
Kotak Mahindra Bank Ltd.FinancialEquity1.39%
Eternal Ltd.ServicesEquity1.27%
ITC Ltd.Consumer StaplesEquity1.24%
Lupin Ltd.HealthcareEquity1.24%
HCL Technologies Ltd.TechnologyEquity1.15%
Tata Consultancy Services Ltd.TechnologyEquity1.15%
Interglobe Aviation Ltd.ServicesEquity0.99%
GOISovereignGOI Sec0.93%
SBI Life Insurance Company Ltd.InsuranceEquity0.92%
Mahindra & Mahindra Ltd.AutomobileEquity0.84%
Power Finance Corporation Ltd.FinancialEquity0.79%
Embassy Office Parks REITConstructionREITs0.79%
GAIL (India) Ltd.EnergyEquity0.76%
Tata Steel Ltd.Metals & MiningEquity0.76%
Bank Of BarodaFinancialEquity0.75%
GOISovereignGOI Sec0.72%
GOISovereignGOI Sec0.71%
Hyundai Motor India Ltd.AutomobileEquity0.69%
Hindustan Petroleum Corporation Ltd.EnergyEquity0.63%
LIC Housing Finance Ltd.FinancialBonds/Deb0.61%
Bharat Petroleum Corporation Ltd.EnergyEquity0.59%
Apar Industries Ltd.Consumer StaplesEquity0.59%
Indusind Bank Ltd.FinancialEquity0.58%
State Bank of IndiaFinancialBonds0.58%
REC Ltd.FinancialEquity0.57%
Divi's Laboratories Ltd.HealthcareEquity0.55%
GOISovereignGOI Sec0.54%
State Bank of IndiaFinancialDebenture0.52%
Techno Electric & Engineering Company Ltd.Capital GoodsEquity0.52%
Jindal Steel Ltd.Metals & MiningEquity0.49%
Pipeline Infrastructure (India) Pvt. Ltd.ConstructionDebenture0.49%
Brookfield India Real Estate Trust REITConstructionREITs0.48%
AU Small Finance Bank Ltd.FinancialEquity0.47%
Kaynes Technology India Ltd.Capital GoodsEquity0.44%
Vishal Mega Mart Ltd.ServicesEquity0.44%
Hindustan Aeronautics Ltd.Capital GoodsEquity0.41%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity0.40%
Canara HSBC Life Insurance Company Ltd.InsuranceEquity0.40%
Small Industries Devp. Bank of India Ltd.FinancialBonds/NCD0.38%
Dynamatic Technologies Ltd.AutomobileEquity0.38%
GOISovereignGOI Sec0.38%
BEML Ltd.Capital GoodsEquity0.37%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.37%
REC Ltd.FinancialDebenture0.37%
Bajaj Auto Ltd.AutomobileEquity0.37%
Aurobindo Pharma Ltd.HealthcareEquity0.36%
Ipca Laboratories Ltd.HealthcareEquity0.36%
Small Industries Devp. Bank of India Ltd.FinancialDebenture0.36%
Apollo Tyres Ltd.AutomobileEquity0.35%
Ambuja Cements Ltd.ConstructionEquity0.34%
GOISovereignGOI Sec0.34%
Gujarat Pipavav Port Ltd.ServicesEquity0.34%
Bajaj Finserv Ltd.FinancialEquity0.33%
Bharat Forge Ltd.AutomobileEquity0.33%
HDFC Bank Ltd.FinancialDebenture0.33%
Indian Railway Finance Corporation Ltd.FinancialBonds0.33%
Bajaj Finance Ltd.FinancialBonds/NCD0.32%
Housing & Urban Development Corporation Ltd.FinancialNCD0.32%
Gujarat StateConstructionSDL0.32%
Adani Energy Solutions Ltd.EnergyEquity0.32%
Britannia Industries Ltd.Consumer StaplesEquity0.31%
Titagarh Rail Systems Ltd.AutomobileEquity0.31%
WeWork India Management Ltd.ServicesEquity0.31%
Five-Star Business Finance Ltd.FinancialEquity0.30%
Bajaj Finance Ltd.FinancialDebenture0.28%
HDFC Bank Ltd.FinancialDebenture0.28%
Powergrid Infrastructure Investment TrustServicesInvITs0.28%
United Spirits Ltd.Consumer StaplesEquity0.27%
Mphasis Ltd.TechnologyEquity0.27%
Jamnagar Utilities and Power Pvt. Ltd.Capital GoodsDebenture0.27%
Bharat Dynamics Ltd.Capital GoodsEquity0.27%
Hindustan Unilever Ltd.Consumer StaplesEquity0.26%
Aavas Financiers Ltd.FinancialEquity0.26%
Bank Of BarodaFinancialBonds0.24%
LIC Housing Finance Ltd.FinancialNCD0.24%
NHPC Ltd.EnergyEquity0.24%
Canara BankFinancialCD0.24%
National Bank For Agriculture & Rural DevelopmentFinancialBonds0.24%
J Kumar Infraprojects Ltd.ConstructionEquity0.24%
HDB Financial Services Ltd.FinancialDebenture0.24%
Bajaj Housing Finance Ltd.FinancialDebenture0.24%
Mishra Dhatu Nigam Ltd.Metals & MiningEquity0.24%
Hexaware Technologies Ltd.TechnologyEquity0.23%
Bajaj Finance Ltd.FinancialNCD0.23%
Bank Of BarodaFinancialCD0.23%
CESC Ltd.EnergyEquity0.23%
Kalpataru Projects International Ltd.Capital GoodsEquity0.23%
Bosch Ltd.AutomobileEquity0.23%
Punjab National BankFinancialBonds0.23%
Time Technoplast Ltd.ChemicalsEquity0.22%
Godrej Properties Ltd.ConstructionEquity0.22%
India Universal Trust AL1OthersSec. Debt0.22%
Billionbrains Garage Ventures Ltd.FinancialEquity0.22%
Trent Ltd.ServicesEquity0.21%
Glenmark Pharmaceuticals Ltd.HealthcareEquity0.20%
Cholamandalam Investment and Finance Company Ltd.FinancialNCD0.19%
LIC Housing Finance Ltd.FinancialNCD0.19%
LMW Ltd.Capital GoodsEquity0.19%
Mahanagar Telephone Nigam Ltd.CommunicationNCD0.19%
State Bank of IndiaFinancialDebenture0.19%
Indian Railway Finance Corporation Ltd.FinancialNCD0.19%
National Housing BankFinancialNCD0.19%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.19%
Ashoka Buildcon Ltd.ConstructionEquity0.19%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity0.19%
Cohance Lifesciences Ltd.HealthcareEquity0.19%
Tega Industries Ltd.Metals & MiningEquity0.19%
Small Industries Devp. Bank of India Ltd.FinancialCD0.18%
Madhya Pradesh StateOthersSDL0.18%
Garden Reach Shipbuilders & Engineers Ltd.Capital GoodsEquity0.18%
Tech Mahindra Ltd.TechnologyEquity0.17%
PCBL Chemical Ltd.ChemicalsEquity0.17%
Life Insurance Corporation of IndiaInsuranceEquity0.16%
Ashok Leyland Ltd.AutomobileEquity0.16%
Indian Railway Finance Corporation Ltd.FinancialDebenture0.16%
National Housing BankFinancialBonds0.16%
India Universal Trust AL1OthersSec. Debt0.16%
LIC Housing Finance Ltd.FinancialDebenture0.15%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.15%
Savita Oil Technologies Ltd.EnergyEquity0.15%
REC Ltd.FinancialBonds0.15%
Madhya Pradesh StateOthersSDL0.15%
HDFC Life Insurance Co Ltd.InsuranceEquity0.15%
Tata Motors Ltd.AutomobileEquity0.15%
Indian Railway Finance Corporation Ltd.FinancialBonds0.14%
LIC Housing Finance Ltd.FinancialBonds0.14%
Power Finance Corporation Ltd.FinancialDebenture0.14%
Power Grid Corporation Of India Ltd.EnergyBonds0.14%
Small Industries Devp. Bank of India Ltd.FinancialDebenture0.14%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.14%
Cipla Ltd.HealthcareEquity0.13%
Dr. Reddy's Laboratories Ltd.HealthcareEquity0.13%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity0.13%
Tata Motors Passenger Vehicles Ltd.AutomobileEquity0.13%
Whirlpool Of India Ltd.Consumer DiscretionaryEquity0.13%
Indian Railway Finance Corporation Ltd.FinancialBonds0.13%
Sundaram Finance Ltd.FinancialDebenture0.13%
Yes Bank Ltd.FinancialCD0.13%
Avenue Supermarts Ltd.ServicesEquity0.13%
GOISovereignGOI Sec0.12%
Housing & Urban Development Corporation Ltd.FinancialNCD0.12%
Uttar Pradesh StateOthersSDL0.12%
Bajaj Housing Finance Ltd.FinancialNCD0.12%
Shriram Finance LtdFinancialEquity0.12%
Asian Paints Ltd.ChemicalsEquity0.12%
Small Industries Devp. Bank of India Ltd.FinancialDebenture0.12%
Tata Capital Housing Finance Ltd.FinancialDebenture0.12%
Aditya Birla Sun Life AMC Ltd.FinancialEquity0.12%
JIO Financial Services Ltd.FinancialEquity0.12%
GOISovereignGOI Sec0.11%
REC Ltd.FinancialNCD0.11%
SBI Cards And Payment Services Ltd.FinancialEquity0.11%
DLF Ltd.ConstructionEquity0.11%
Pipeline Infrastructure (India) Pvt. Ltd.ConstructionDebenture0.11%
JSW Energy Ltd.Capital GoodsEquity0.11%
Jamnagar Utilities and Power Pvt. Ltd.Capital GoodsDebenture0.11%
LIC Housing Finance Ltd.FinancialDebenture0.10%
Power Finance Corporation Ltd.FinancialNCD0.10%
REC Ltd.FinancialNCD0.10%
LG Electronics India Ltd.Consumer DiscretionaryEquity0.10%
Indraprastha Gas Ltd.EnergyEquity0.10%
Small Industries Devp. Bank of India Ltd.FinancialBonds0.10%
National Housing BankFinancialDebenture0.10%
Kotak Mahindra Investments Ltd.FinancialBonds/NCD0.10%
Toyota Financial Services Ltd.FinancialDebenture0.10%
Swiggy Ltd.ServicesEquity0.10%
Madhya Pradesh StateOthersSDL0.09%
Info Edge (India) Ltd.ServicesEquity0.09%
Bajaj Finance Ltd.FinancialBonds/Deb0.09%
Gujarat Industries Power Company Ltd.EnergyEquity0.09%
LIC Housing Finance Ltd.FinancialNCD0.09%
Indian Railway Finance Corporation Ltd.FinancialNCD0.09%
Power Finance Corporation Ltd.FinancialDebenture0.09%
Small Industries Devp. Bank of India Ltd.FinancialDebenture0.09%
National Housing BankFinancialBonds/NCD0.09%
Union Bank of IndiaFinancialCD0.09%
Housing & Urban Development Corporation Ltd.FinancialNCD0.09%
National Bank For Agriculture & Rural DevelopmentFinancialFRB0.09%
Andhra Pradesh StateFinancialSDL0.09%
Kotak Mahindra Investments Ltd.FinancialNCD0.09%
Uttar Pradesh StateOthersSDL0.09%
REC Ltd.FinancialBonds0.08%
Gujarat StateConstructionSDL0.08%
Torrent Power Ltd.EnergyEquity0.08%
Andhra Pradesh StateFinancialSDL0.07%
L&T Metro Rail (Hyderabad) Ltd.ConstructionNCD0.07%
Zee Entertainment Enterprises Ltd.CommunicationEquity0.07%
Indian Railway Finance Corporation Ltd.FinancialNCD0.07%
Small Industries Devp. Bank of India Ltd.FinancialDebenture0.07%
Housing & Urban Development Corporation Ltd.FinancialEquity0.07%
Texmaco Rail & Engineering Ltd.ServicesEquity0.07%
Home First Finance Company India Ltd.FinancialEquity0.07%
Nuvoco Vistas Corporation Ltd.ConstructionEquity0.06%
Andhra Pradesh StateFinancialSDL0.06%
ITC Hotels Ltd.ServicesEquity0.06%
Rajasthan StateOthersSDL0.06%
Bandhan Bank Ltd.FinancialEquity0.06%
Grasim Industries Ltd.ConstructionDebenture0.05%
HDFC Bank Ltd.FinancialNCD0.05%
Indian Oil Corporation Ltd.EnergyNCD0.05%
LIC Housing Finance Ltd.FinancialBonds0.05%
Indian Railway Finance Corporation Ltd.FinancialBonds/NCD0.05%
Power Finance Corporation Ltd.FinancialDebenture0.05%
Power Grid Corporation Of India Ltd.EnergyDebenture0.05%
Small Industries Devp. Bank of India Ltd.FinancialNCD0.05%
Union Bank of IndiaFinancialAdd. Tier 1 Bond0.05%
Housing & Urban Development Corporation Ltd.FinancialDebenture0.05%
Maharashtra StateOthersSDL0.05%
Gujarat StateConstructionSDL0.05%
National Bank For Agriculture & Rural DevelopmentFinancialBonds/NCD0.05%
Bihar StateOthersSDL0.05%
Sundaram Home Finance Ltd.FinancialDebenture0.05%
Alkem Laboratories Ltd.HealthcareEquity0.05%
360 One Wam Ltd.FinancialEquity0.05%
Bharti Hexacom Ltd.CommunicationEquity0.05%
Bharti Telecom Ltd.CommunicationNCD0.05%
Aegis Vopak Terminals Ltd.EnergyEquity0.05%
Persistent Systems Ltd.TechnologyEquity0.05%
Tenneco Clean Air India LtdAutomobileEquity0.05%
Blue Dart Express Ltd.ServicesEquity0.04%
Colgate-Palmolive (India) Ltd.Consumer StaplesEquity0.04%
LIC Housing Finance Ltd.FinancialNCD0.04%
Gujarat StateConstructionSDL0.04%
Vodafone Idea Ltd.CommunicationEquity0.04%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.04%
Haryana StateOthersSDL0.04%
Fortis Healthcare Ltd.HealthcareEquity0.04%
ICICI Prudential Asset Management Company Ltd.FinancialEquity0.04%
Ceigall India Ltd.ConstructionEquity0.04%
Shriram Finance LtdFinancialSec. Debt0.04%
Westlife Foodworld Ltd.ServicesEquity0.04%
RHI Magnesita India Ltd.ConstructionEquity0.04%
UTI Asset Management Company Ltd.FinancialEquity0.04%
Chambal Fertilisers and Chemicals Ltd.ChemicalsEquity0.03%
HDFC Bank Ltd.FinancialFD0.03%
GOISovereignGOI Sec0.03%
Gujarat StateConstructionSDL0.03%
Adani Ports and Special Economic Zone Ltd.ServicesEquity0.03%
Medi Assist Healthcare Services Ltd.ServicesEquity0.03%
REC Ltd.FinancialZCB0.03%
Uttar Pradesh StateOthersSDL0.03%
GOISovereignGOI Sec0.02%
Ramco Systems Ltd.TechnologyEquity0.02%
Maharashtra StateOthersSDL0.02%
Varun Beverages Ltd.Consumer StaplesEquity0.02%
BEML Land Assets Ltd.ServicesEquity0.02%
TruAlt Bioenergy Ltd.EnergyEquity0.02%
Tata Chemicals Ltd.ChemicalsEquity0.02%
Indian Railway Finance Corporation Ltd.FinancialDebenture0.02%
National Bank For Agriculture & Rural DevelopmentFinancialBonds0.02%
L&T Finance Ltd.FinancialEquity0.02%
Bajaj Housing Finance Ltd.FinancialEquity0.02%
Fusion Finance Ltd.FinancialEquity0.02%
GOISovereignGOI Sec0.01%
UPL Ltd.ChemicalsEquity0.01%
Union Bank of IndiaFinancialEquity0.01%
Maharashtra StateOthersSDL0.01%
Star Health and Allied Insurance Company Ltd.InsuranceEquity0.01%
Aster DM Healthcare Ltd.HealthcareEquity0.01%
Rites Ltd.ConstructionEquity0.01%
Campus Activewear Ltd.Consumer StaplesEquity0.01%
Emcure Pharmaceuticals Ltd.HealthcareEquity0.01%
Aditya Infotech Ltd.CommunicationEquity0.01%
JNK India Ltd.Capital GoodsEquity0.01%
Raajmarg Infra Investment TrustConstructionInvITs0.00%
GOISovereignGOI Sec0.00%
GOISovereignGOI Sec0.00%
GOISovereignGOI Sec0.00%
Kwality Wall's (India) Ltd.Consumer StaplesEquity0.00%
S Chand And Company Ltd.Consumer StaplesEquity0.00%
Chhattisgarh StateOthersSDL0.00%
Kerala StateOthersSDL0.00%
Tata Consumer Products Ltd.Consumer StaplesEquity0.00%
Indus Towers Ltd.CommunicationEquity0.00%
MEP Infrastructure Developers Ltd.ConstructionEquity0.00%
AGS Transact Technologies Ltd.ServicesEquity0.00%
See All

Minimum investments

Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+15.5%+16.6%+15.1%+14.6%
Category average (Hybrid Dynamic Asset Allocation)+11.9%+10.7%+9.6%--
Rank (Hybrid Dynamic Asset Allocation)21----

Exit load, stamp duty and tax

Exit load

Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 year.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Fund management

SR
Srinivasan Ramamurthy
Jul 2022 - Present
View details

Education
Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM - Calcutta.
Experience
Prior to joining HDFC Asset Management Company Limited, he has worked with Mahindra Mutual Fund, IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.

AA
Arun Agarwal
Oct 2022 - Present
View details

Education
Mr. Agarwal is a B.Com. and Chartered Accountant
Experience
Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
Also manages these schemes

DM
Dhruv Muchhal
Jun 2023 - Present
View details

Education
Mr. Dhruv has done B.Com, CA and CFA
Experience
Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Also manages these schemes

NM
Nandita Menezes
Mar 2025 - Present
View details

Education
CA (ICAI, INDIA), B.Com (University of Mumbai)
Experience
Prior to joining HDFC AMC, she was associated with S.V. Ghatalia & Associates LLP.
Also manages these schemes

GA
Gopal Agrawal
Jul 2022 - Present
View details

Education
Mr.Agrawal is a B.E and MBM.
Experience
Prior to joining HDFC Mutual Fund he has worked with DSP Mutual Fund, Tata AMC, Mirae Asset Mutual Fund ,SBI Mutual Fund, Kotak Securities, HDFC Securities, IDBI Capital, UTI Securities and IPCL.

About HDFC Balanced Advantage Fund Direct Growth

HDFC Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Anil Bamboli is the Current Fund Manager of HDFC Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,37,048 Cr and the Latest NAV as of 14 May 2026 is ₹552.30. The HDFC Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 year. ;

Investment Objective

The Scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
Fund benchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index

Fund house

Rank (total assets)#2 in India
Total AUM₹9,37,047.59 Cr
Date of Incorporation10 Dec 1999
Phone022 – 66316333
Launch Date10 Dec 1999
Address"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
CustodianHDFC Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,