HDFC Balanced Advantage Fund Direct Growth NAV Reaches ₹558.78 on 17 September; Debt Allocation at 32.01%

Key Takeaways

• HDFC Balanced Advantage Fund Direct Growth NAV rose 0.37% to ₹558.78 on 17 September 2026. Its latest three-year CAGR stood at 10.83%.
• The scheme's one-year return was -1.25%, compared with a three-year CAGR of 10.83% and five-year CAGR of 14.10%. The five-year figure was 15.35 percentage points above the latest one-year return.
• Debt represented 32.01% of the disclosed sector allocation. The portfolio also carried meaningful exposure to banks, finance, petroleum products and construction.
• Fund size stood at approximately ₹107,296 crore and the Direct Growth expense ratio was 0.77%. Both the minimum SIP and lump-sum investment were ₹100.

HDFC Balanced Advantage Fund Direct Growth NAV increased 0.37% to ₹558.78 on 17 September 2026. The scheme recorded a three-year CAGR of 10.83%. Assets under management were approximately ₹107,296 crore and the Direct Growth expense ratio stood at 0.77%. Both minimum SIP and lump-sum investments were ₹100.

The one-year historical return was -1.25%. Over three years, annualised performance reached 10.83%, while the five-year CAGR was higher at 14.10%. The five-year figure therefore exceeded the one-year return by 15.35 percentage points. Compared with the three-year period, it was higher by 3.27 percentage points.

Asset allocation plays a central role in analysing a balanced advantage fund. Debt represented 32.01% in the disclosed sector mix. Banks accounted for 16.29%, followed by finance at 5.83%, petroleum products at 4.40% and construction at 4.17%. The scheme can alter equity and debt exposure dynamically in line with its investment framework rather than maintaining a permanently fixed mix.

Among the largest disclosed equity positions, ICICI Bank accounted for 5.32%, HDFC Bank for 4.13%, Reliance Industries for 3.74%, SBI for 3.46% and Bharti Airtel for 2.93%. Combined, those five equities represented 19.58% of the overall portfolio.

Historical beta stood at 0.71 and standard deviation at 3.05. Alpha was 6.64 and the Sharpe ratio 0.72. Since the scheme combines equity, debt and other assets, these historical risk readings should be interpreted in the context of a hybrid portfolio rather than a pure-equity structure.