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.
Regular plans in this category
- HDFC Balanced Advantage FundHDFC Mutual Fund · NAV ₹511.46 -1.8% 10.3% 13.4%
- ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund · NAV ₹77.27 2.6% 10.3% 9.8%
- Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual Fund · NAV ₹25.27 3.9% 10.5% 9.3%
- BANK OF INDIA BALANCED ADVANTAGE FUNDBank of India Mutual Fund · NAV ₹25.58 2.6% 7.7% 9.1%
- SBI Balanced Advantage FundSBI Mutual Fund · NAV ₹15.60 1.3% 8.8% 8.9%
- Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund · NAV ₹111.97 4.8% 10.5% 8.7%
- Nippon India Balanced Advantage FundNippon India Mutual Fund · NAV ₹180.36 0.8% 9.2% 8.1%
- Axis Balanced Advantage FundAxis Mutual Fund · NAV ₹21.10 0.5% 10.1% 7.8%
- Edelweiss Balanced Advantage FundEdelweiss Mutual Fund · NAV ₹52.42 2.6% 9.3% 7.7%
- Kotak Balanced Advantage FundKotak Mahindra Mutual Fund · NAV ₹20.76 0.7% 8.3% 7.5%
- DSP Dynamic Asset Allocation FundDSP Mutual Fund · NAV ₹28.21 1.5% 8.9% 7.1%
- Tata Balanced Advantage FundTata Mutual Fund · NAV ₹20.40 -0.4% 6.7% 7.1%
- Invesco India Balanced Advantage FundInvesco Mutual Fund · NAV ₹51.79 -3.9% 7.4% 6.8%
- BANDHAN Balanced Advantage FundBandhan Mutual Fund · NAV ₹25.04 2.9% 8.4% 6.5%
- ITI Balanced Advantage FundITI Mutual Fund · NAV ₹14.38 -1.3% 7.8% 6.3%
- Union Balanced Advantage FundUnion Mutual Fund · NAV ₹20.31 -0.3% 7.1% 6.2%
- PGIM India Balanced Advantage FundPGIM India Mutual Fund · NAV ₹14.69 -4.5% 5.3% 5.3%
- UTI - Unit Linked Insurance PlanUTI Mutual Fund · NAV ₹42.49 0.5% 6.9% 5.1%
- Motilal Oswal Balanced Advantage FundMotilal Oswal Mutual Fund · NAV ₹19.40 -3.4% 1.7% 4.5%
- Shriram Balanced Advantage FundShriram Mutual Fund · NAV ₹16.21 -3.3% 4.4% 4.3%
- Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund · NAV ₹11.52 — — —
- Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund · NAV ₹10.03 — — —
- Franklin India Balanced Advantage FundFranklin Templeton Mutual Fund · NAV ₹14.24 -1.2% 8.1% —
- HSBC Balanced Advantage FundHSBC Mutual Fund · NAV ₹43.76 0.3% 8.2% —
- Helios Balanced Advantage FundHelios Mutual Fund · NAV ₹11.39 — — —
- LIC MF Balanced Advantage FundLIC Mutual Fund · NAV ₹13.64 -0.1% 6.7% —
- Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual Fund · NAV ₹14.71 1.8% 9.2% —
- Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund · NAV ₹14.52 2.5% 8.7% —
- NJ Balanced Advantage FundNJ Mutual Fund · NAV ₹13.48 -2.0% 6.8% —
- Parag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund · NAV ₹11.73 — — —
- Samco Dynamic Asset Allocation FundSamco Mutual Fund · NAV ₹10.11 — — —
- Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund)Sundaram Mutual Fund · NAV ₹34.56 -2.0% 6.8% —
- The Wealth Company Balanced Advantage FundThe Wealth Company Mutual Fund · NAV ₹9.85 — — —
- UNIFI DYNAMIC ASSET ALLOCATION FUNDUnifi Mutual Fund · NAV ₹11.22 — — —
- UTI Balanced Advantage FundUTI Mutual Fund · NAV ₹12.26 -3.7% 6.6% —
- WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual Fund · NAV ₹14.59 1.4% 9.9% —
- quant Dynamic Asset Allocation Fundquant Mutual Fund · NAV ₹16.09 -2.5% 12.0% —
Point-to-point CAGR from AMFI NAV history, Regular 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.