Balanced Advantage Mutual Funds
Equity and debt moved dynamically, by a model.
The equity share rises when the market looks cheap and falls when it looks expensive, decided by a formula rather than a mood. Read the fund's model — they differ enormously, and it is the entire product.
Who it suits. Investors who want somebody else to decide when to be cautious. Hold for 3 to 5 years.
Direct plans in this category
- HDFC Balanced Advantage FundHDFC Mutual Fund · NAV ₹556.55 -1.2% 11.0% 14.1%
- Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual Fund · NAV ₹27.99 5.1% 11.8% 10.6%
- ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund · NAV ₹86.76 3.1% 10.9% 10.5%
- BANK OF INDIA BALANCED ADVANTAGE FUNDBank of India Mutual Fund · NAV ₹28.00 3.8% 8.9% 10.2%
- Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund · NAV ₹128.75 5.9% 11.8% 10.0%
- SBI Balanced Advantage FundSBI Mutual Fund · NAV ₹16.37 2.2% 9.7% 9.9%
- Nippon India Balanced Advantage FundNippon India Mutual Fund · NAV ₹207.11 2.0% 10.5% 9.5%
- Axis Balanced Advantage FundAxis Mutual Fund · NAV ₹23.83 1.7% 11.4% 9.2%
- Edelweiss Balanced Advantage FundEdelweiss Mutual Fund · NAV ₹60.42 3.8% 10.6% 9.1%
- Kotak Balanced Advantage FundKotak Mahindra Mutual Fund · NAV ₹22.81 1.8% 9.5% 8.8%
- Tata Balanced Advantage FundTata Mutual Fund · NAV ₹22.93 0.9% 8.1% 8.6%
- DSP Dynamic Asset Allocation FundDSP Mutual Fund · NAV ₹32.80 2.8% 10.3% 8.4%
- Invesco India Balanced Advantage FundInvesco Mutual Fund · NAV ₹62.32 -2.7% 8.8% 8.3%
- ITI Balanced Advantage FundITI Mutual Fund · NAV ₹16.37 0.4% 9.7% 8.2%
- BANDHAN Balanced Advantage FundBandhan Mutual Fund · NAV ₹29.39 4.2% 9.8% 7.9%
- Union Balanced Advantage FundUnion Mutual Fund · NAV ₹22.18 0.9% 8.3% 7.5%
- PGIM India Balanced Advantage FundPGIM India Mutual Fund · NAV ₹16.19 -2.9% 7.0% 7.1%
- Shriram Balanced Advantage FundShriram Mutual Fund · NAV ₹18.53 -1.6% 6.3% 6.2%
- UTI - Unit Linked Insurance PlanUTI Mutual Fund · NAV ₹46.29 1.1% 7.6% 5.9%
- Motilal Oswal Balanced Advantage FundMotilal Oswal Mutual Fund · NAV ₹21.90 -2.2% 3.0% 5.8%
- Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund · NAV ₹12.02 — — —
- Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund · NAV ₹10.34 — — —
- Franklin India Balanced Advantage FundFranklin Templeton Mutual Fund · NAV ₹15.19 0.2% 9.7% —
- HSBC Balanced Advantage FundHSBC Mutual Fund · NAV ₹51.49 1.6% 9.7% —
- Helios Balanced Advantage FundHelios Mutual Fund · NAV ₹11.85 — — —
- LIC MF Balanced Advantage FundLIC Mutual Fund · NAV ₹14.76 1.4% 8.3% —
- Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual Fund · NAV ₹15.98 3.5% 11.0% —
- Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund · NAV ₹15.38 3.9% 10.3% —
- NJ Balanced Advantage FundNJ Mutual Fund · NAV ₹14.37 -0.8% 8.1% —
- Parag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund · NAV ₹11.82 — — —
- Samco Dynamic Asset Allocation FundSamco Mutual Fund · NAV ₹10.56 — — —
- Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund)Sundaram Mutual Fund · NAV ₹41.24 -0.6% 8.4% —
- The Wealth Company Balanced Advantage FundThe Wealth Company Mutual Fund · NAV ₹9.97 — — —
- UNIFI DYNAMIC ASSET ALLOCATION FUNDUnifi Mutual Fund · NAV ₹11.33 — — —
- UTI Balanced Advantage FundUTI Mutual Fund · NAV ₹12.79 -2.5% 8.1% —
- WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual Fund · NAV ₹15.44 2.9% 11.6% —
- quant Dynamic Asset Allocation Fundquant Mutual Fund · NAV ₹16.94 -1.1% 13.7% —
Point-to-point CAGR from AMFI NAV history, Direct plans only. Ordered by five-year return so the list has a shape, not because the order is a judgement. Past returns do not predict future ones — a fund near the top is usually there because its style suited the last five years, and styles take turns.
Other categories
Questions people ask
What is a Balanced Advantage fund?
Equity and debt moved dynamically, by a model. The equity share rises when the market looks cheap and falls when it looks expensive, decided by a formula rather than a mood. Read the fund's model — they differ enormously, and it is the entire product.
Who should invest in Balanced Advantage funds?
Investors who want somebody else to decide when to be cautious. A sensible holding period is 3 to 5 years.
How is this list ordered?
By five-year CAGR computed from AMFI's published NAV history, within one plan type. It is a sort, not a verdict — a fund near the top is there because its style suited the last five years, which is not a promise about the next five.
Should I choose the Direct or Regular plan?
A Direct plan holds exactly the same portfolio without the distributor commission, so its expense ratio is lower — commonly 0.5% to 1.2% a year — and it compounds ahead of the Regular plan for ever. Choose Regular only if you want an intermediary's advice and are content to pay for it annually.