HDFC Balanced Advantage Fund vs Motilal Oswal Balanced Advantage Fund
HDFC Balanced Advantage Fund and Motilal Oswal Balanced Advantage Fund are both Balanced Advantage funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +11.86% vs +4.35%, 5-year CAGR +13.75% vs +6.25%, volatility 10.59% vs 14.83%, maximum drawdown −34.20% vs −26.53%. Their portfolios overlap by 10.6% (14 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| HDFC Balanced Advantage | Motilal Oswal Balanced Advantage | |
|---|---|---|
| Fund house | HDFC Mutual Fund | Motilal Oswal Mutual Fund |
| Compared as | Balanced Advantage | Balanced Advantage |
| NAV | ₹572.0300 | ₹22.6925 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 1 Jan 2013 | 28 Sep 2016 |
| Track record | 13.8 yrs | 10.1 yrs |
| Fund size (AUM) | ₹102,534 Cr | ₹712 Cr |
| Securities held | 325 | 31 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| HDFC Balanced Advantage | Motilal Oswal Balanced Advantage | |
|---|---|---|
| 1 month | +3.62% | +3.48% |
| 3 months | −1.08% | +3.59% |
| 6 months | +1.02% | +10.84% |
| 1 year | −0.40% | +0.31% |
| 3 years (CAGR) | +11.86% | +4.35% |
| 5 years (CAGR) | +13.75% | +6.25% |
| 7 years (CAGR) | +15.45% | +7.74% |
| 10 years (CAGR) | +14.50% | +8.63% |
| Since launch (CAGR) | +13.87% | +8.41% |
| SIP return (XIRR, 5 years) ⓘ | +11.47% | +6.39% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| HDFC Balanced Advantage | Motilal Oswal Balanced Advantage | |
|---|---|---|
| 2026 (year to date) | −1.33% | +5.42% |
| 2025 | +7.87% | −5.86% |
| 2024 | +17.44% | +10.76% |
| 2023 | +32.13% | +25.60% |
| 2022 | +19.56% | +0.14% |
| 2021 | +27.11% | +8.74% |
Risk
| HDFC Balanced Advantage | Motilal Oswal Balanced Advantage | |
|---|---|---|
| Volatility (annualised) ⓘ | 10.59% | 14.83% |
| Downside volatility ⓘ | 7.24% | 11.53% |
| Sharpe ratio ⓘ | 0.51 | -0.14 |
| Sortino ratio ⓘ | 0.74 | -0.19 |
| Maximum drawdown ⓘ | −34.20% | −26.53% |
| Recovery from that fall | 8 months | — |
| Current fall from peak | −2.09% | −11.40% |
| Rolling 1-year return: worst | −30.36% | −15.81% |
| Rolling 1-year return: median | +13.11% | +6.74% |
| Rolling 1-year return: best | +76.36% | +41.59% |
| Share of 1-year periods with a loss | 15.09% | 28.71% |
Against each fund's benchmark
| HDFC Balanced Advantage | Motilal Oswal Balanced Advantage | |
|---|---|---|
| Beta ⓘ | 0.69 | 0.69 |
| Alpha (Jensen's, annualised) ⓘ | +2.24% | −4.55% |
| R² ⓘ | 89.04 | 47.37 |
| Upside capture | 83.33% | 67.09% |
| Downside capture | 63.68% | 82.97% |
| Tracking error | 5.87% | 11.71% |
| Information ratio | 0.35 | -0.48 |
| Treynor ratio | 5.86 | -5.40 |
Portfolio
Asset mix
| HDFC Balanced Advantage | Motilal Oswal Balanced Advantage | |
|---|---|---|
| Equity | 73.43% | 68.50% |
| Debt | 23.63% | 17.29% |
| REITs / InvITs | 1.66% | 0.00% |
| Cash & equivalents | 1.28% | 14.21% |
Market-cap split (share of fund assets)
| HDFC Balanced Advantage | Motilal Oswal Balanced Advantage | |
|---|---|---|
| Large Cap | 54.38% | 35.05% |
| Mid Cap | 9.44% | 18.46% |
| Small Cap | 9.43% | 6.24% |
| Unclassified | 0.18% | 8.75% |
Concentration
| HDFC Balanced Advantage | Motilal Oswal Balanced Advantage | |
|---|---|---|
| Top 10 holdings | 30.33% | 36.21% |
| Effective number of stocks ⓘ | 70.6 | 38.8 |
| Securities held | 325 | 31 |
Portfolio overlap: 10.6%
14 companies are held by both funds; by weight, 10.6% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | HDFC Balanced Advantage | Motilal Oswal Balanced Advantage |
|---|---|---|
| Axis Bank Limited | 2.65% | 3.45% |
| Larsen & Toubro Limited | 2.52% | 2.80% |
| Eternal Limited | 1.68% | 3.55% |
| Kotak Mahindra Bank Limited | 1.58% | 4.35% |
| IndusInd Bank Limited | 0.57% | 3.20% |
| Jindal Steel Limited | 0.47% | 1.67% |
| Bosch Limited | 0.30% | 1.59% |
| United Spirits Limited | 0.28% | 2.51% |
| Billionbrains Garage Ventures Ltd | 0.20% | 2.11% |
| Shriram Finance Limited | 0.13% | 1.82% |
| LG Electronics India Ltd | 0.11% | 2.46% |
| ICICI Prudential Asset Management Company Limited | 0.04% | 3.51% |
| Varun Beverages Limited | 0.02% | 2.72% |
| Shiprocket Limited | 0.01% | 1.56% |
Top 10 holdings
HDFC Balanced Advantage
- ICICI Bank Limited5.06%
- HDFC Bank Limited4.32%
- Reliance Industries Limited3.64%
- State Bank of India3.28%
- Bharti Airtel Limited3.05%
- Axis Bank Limited2.65%
- Larsen & Toubro Limited2.52%
- 7.18% Government of India (14/08/2033)2.04%
- NTPC Limited2.00%
- Coal India Limited1.77%
Motilal Oswal Balanced Advantage
- Kotak Mahindra Bank Limited4.35%
- Coforge Limited4.06%
- Eternal Limited3.55%
- ICICI Prudential Asset Management Company Limited3.51%
- 7.3763% Bajaj Finance Limited (26/06/2028)3.47%
- HDB Financial Services Ltd - 7.4091% - 05/06/20283.47%
- 7.1554% Kotak Mahindra Prime Ltd (19-Jun-2028)3.46%
- Axis Bank Limited3.45%
- 7.88% Muthoot Finance Limited (22/11/2028)3.45%
- 7.12% Tata Capital Limited 20283.44%
Sector exposure
| HDFC Balanced Advantage | Motilal Oswal Balanced Advantage | |
|---|---|---|
| Banks | 18.75% | 11.00% |
| CRISIL AAA | 7.72% | 13.84% |
| Electrical Equipment | 0.78% | 8.09% |
| Consumer Durables | 0.58% | 7.51% |
| Retailing | 2.77% | 6.83% |
| Sovereign | 6.09% | 0.00% |
| Pharmaceuticals & Biotechnology | 5.62% | 4.51% |
| Capital Markets | 0.53% | 5.62% |
| Beverages | 0.30% | 5.23% |
| Petroleum Products | 5.16% | 0.00% |
| CRISIL - AAA | 4.83% | 0.00% |
| IT - Software | 4.53% | 4.06% |
| Construction | 3.66% | 2.80% |
| Automobiles | 3.54% | 0.00% |
Questions people ask
What is the difference between HDFC Balanced Advantage and Motilal Oswal Balanced Advantage returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −0.40% vs +0.31%; 3-year CAGR +11.86% vs +4.35%; 5-year CAGR +13.75% vs +6.25%; 10-year CAGR +14.50% vs +8.63%. Past returns do not indicate future returns.
How do HDFC Balanced Advantage and Motilal Oswal Balanced Advantage compare on risk?
Volatility (36 monthly returns, annualised) 10.59% vs 14.83%; Sharpe ratio 0.51 vs -0.14; Sortino ratio 0.74 vs -0.19; maximum drawdown −34.20% vs −26.53%; beta 0.69 vs 0.69.
How much do HDFC Balanced Advantage and Motilal Oswal Balanced Advantage overlap?
By weight, 10.6% of the two portfolios is invested in the same companies; 14 stocks are held by both, the largest shared positions being Axis Bank Limited, Larsen & Toubro Limited, Eternal Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of HDFC Balanced Advantage and Motilal Oswal Balanced Advantage?
HDFC Balanced Advantage: large cap 54.4%, mid cap 9.4%, small cap 9.4%. Motilal Oswal Balanced Advantage: large cap 35.1%, mid cap 18.5%, small cap 6.2% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
HDFC Balanced Advantage vs
- HDFC Balanced Advantage vs UTI - Unit Linked Insurance Plan
- HDFC Balanced Advantage vs Baroda BNP Paribas Balanced Advantage
- HDFC Balanced Advantage vs ICICI Prudential Balanced Advantage
- HDFC Balanced Advantage vs Mirae Asset Balanced Advantage
- HDFC Balanced Advantage vs SBI Balanced Advantage
- HDFC Balanced Advantage vs UTI Balanced Advantage
Motilal Oswal Balanced Advantage vs
- Motilal Oswal Balanced Advantage vs Kotak Balanced Advantage
- Motilal Oswal Balanced Advantage vs PGIM India Balanced Advantage
- Motilal Oswal Balanced Advantage vs The Wealth Company Balanced Advantage
- Motilal Oswal Balanced Advantage vs Axis Balanced Advantage
- Motilal Oswal Balanced Advantage vs Edelweiss Balanced Advantage
- Motilal Oswal Balanced Advantage vs JioBlackRock Balanced Advantage
All Balanced Advantage comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.