HDFC Balanced Advantage Fund Direct Growth NAV Changed at ₹562.87 on 10 September; 5-Year CAGR at 14.73%

Key Takeaways

• HDFC Balanced Advantage Fund Direct Growth NAV was marginally higher by 0.01% at ₹562.87 on 10 September 2026.
• The scheme recorded a 0.84% one-year return, an 11.11% three-year CAGR and a 14.73% five-year CAGR.
• Fund size stood at approximately ₹107,766 crore, with a Direct Growth expense ratio of 0.77%.
• Debt accounted for 32.01% in the disclosed allocation data, while the five largest listed equity holdings together represented 19.58%.

HDFC Balanced Advantage Fund Direct Growth NAV was little changed on 10 September 2026, edging 0.01% higher to ₹562.87. The latest one-year return stood at 0.84%. Across three years, the fund recorded an annualised return of 11.11%, substantially different from the shorter trailing-period result.

Its five-year CAGR came in at 14.73%. This placed the five-year figure 3.62 percentage points above the three-year CAGR and 13.89 percentage points above the one-year return. Each trailing period begins from a separate historical NAV and therefore captures a different combination of equity, debt and market conditions over time.

The fund managed approximately ₹107,766 crore. Its Direct Growth expense ratio stood at 0.77%, and the minimum investment amount was ₹100 for both SIP and lump-sum transactions. As a balanced advantage scheme, the portfolio can dynamically alter its equity and debt exposure in line with the scheme framework rather than maintaining an unchanged allocation between the two asset classes.

Debt represented 32.01% in the latest disclosed allocation data. Among listed equities, ICICI Bank carried the largest individual weight at 5.32%, followed by HDFC Bank at 4.13%. Reliance Industries accounted for 3.74%, State Bank of India 3.46% and Bharti Airtel 2.93%. Those five equity positions together represented 19.58% of the portfolio.

Historical risk statistics placed beta at 0.71 and standard deviation at 3.05. The Sharpe ratio stood at 0.72, with alpha at 6.64. Exit load was listed at 1% for units redeemed or switched out within one year of allotment and nil thereafter. The combination of equity and fixed-income exposure is relevant when reading these historical risk figures because both components contribute to changes in overall portfolio behaviour.