HDFC Balanced Advantage Fund Direct Growth NAV Falls to ₹561.38 on 11 September; Debt Allocation at 32.01%

Key Takeaways

• HDFC Balanced Advantage Fund Direct Growth NAV declined 0.26% to ₹561.38 on 11 September 2026.
• Its one-year return stood at 0.39%, compared with a 10.86% three-year CAGR and 14.66% five-year CAGR.
• Fund size was approximately ₹107,296 crore and the Direct Growth expense ratio stood at 0.77%.
• Debt accounted for 32.01% of the disclosed allocation, while the five largest listed equity positions together represented 19.58%.

HDFC Balanced Advantage Fund Direct Growth NAV declined 0.26% to ₹561.38 on 11 September 2026. Its latest one-year return stood at 0.39%. The three-year CAGR was considerably higher at 10.86%, illustrating the difference between the recent trailing period and the fund's medium-term annualised record.

Across five years, the annualised return was 14.66%, which placed it 3.80 percentage points above the three-year CAGR. As a balanced advantage scheme, its portfolio can dynamically vary the mix of equity and debt in accordance with the scheme framework, so the return record reflects exposure to more than one broad asset class.

Assets under management stood at approximately ₹107,296 crore. The Direct Growth expense ratio was 0.77%, while both minimum SIP and minimum lump-sum investment were ₹100. Debt represented 32.01% of the disclosed allocation data, giving fixed-income securities a meaningful role in the overall portfolio.

Among listed equities, ICICI Bank was the largest holding at 5.32%. HDFC Bank followed at 4.13%, Reliance Industries at 3.74%, State Bank of India at 3.46% and Bharti Airtel at 2.93%. The five positions together represented 19.58% of the portfolio. Equity holdings sit alongside debt and other portfolio components rather than defining the scheme on their own.

Historical risk data showed beta at 0.71 and standard deviation at 3.05. The Sharpe ratio stood at 0.72 and alpha at 6.64. These measures reflect past portfolio behaviour and should be interpreted alongside the scheme's changing equity-debt mix rather than as indicators of future NAV direction.