HDFC Balanced Advantage Fund Direct Growth NAV Falls to ₹554.93 on 15 September; 5-Year CAGR at 14.66%

Key Takeaways

• HDFC Balanced Advantage Fund Direct Growth NAV declined 1.15% to ₹554.93 on 15 September 2026.
• Its one-year return stood at 0.39%, compared with a 10.86% three-year CAGR and a 14.66% five-year CAGR.
• The latest fund size was approximately ₹107,296 crore and the Direct Growth expense ratio stood at 0.77%.
• The five largest disclosed equity holdings together represented 19.58% of the portfolio.

HDFC Balanced Advantage Fund Direct Growth NAV declined 1.15% to ₹554.93 on 15 September 2026. Its one-year return stood at 0.39%. Over three years, the scheme recorded an annualised return of 10.86%, creating a sizeable difference between the latest one-year period and the medium-term historical record.

The five-year CAGR was higher at 14.66%, exceeding the three-year figure by 3.80 percentage points. As a balanced advantage scheme, the fund can dynamically alter its equity and debt exposure according to its investment framework. Its historical returns therefore reflect a portfolio that combines equity-market participation with fixed-income and related allocations rather than a conventional pure-equity structure.

Fund size stood at approximately ₹107,296 crore and the Direct Growth expense ratio was 0.77%. Both the minimum SIP and minimum lump-sum investment were ₹100. The latest disclosed portfolio information also showed a meaningful debt component, consistent with the scheme's dynamic asset-allocation mandate.

Among listed equities, ICICI Bank was the largest disclosed holding at 5.32%, followed by HDFC Bank at 4.13%. Reliance Industries represented 3.74%, State Bank of India 3.46% and Bharti Airtel 2.93%. These five equity positions collectively represented 19.58% of the overall portfolio, with the balance spread across other equity, debt and portfolio components.

Historical risk measures included beta of 0.71 and standard deviation of 3.05. Alpha stood at 6.64 and the Sharpe ratio at 0.72. Because asset allocation can change over time, these statistics should be read alongside the scheme's evolving equity-debt mix rather than interpreted as fixed characteristics of future performance.