HDFC Balanced Advantage Fund Direct Growth NAV Reaches ₹561.0010 on 18 September; 3-Year Return at 10.98%

Key Takeaways

• HDFC Balanced Advantage Fund Direct Growth recorded an NAV of ₹561.0010 on 18 September 2026, up 0.40%.
• The scheme's latest three-year annualised return stood at 10.98%.
• The portfolio follows a dynamic asset-allocation structure rather than operating as a pure-equity scheme.
• Minimum SIP and lump-sum amounts were ₹100.

HDFC Balanced Advantage Fund Direct Growth NAV stood at ₹561.0010 on 18 September 2026, recording a 0.40% one-day increase. Its latest three-year annualised return was 10.98%.

The scheme belongs to the dynamic asset allocation, or balanced advantage, category. Its portfolio therefore needs to be read differently from a conventional equity fund. Equity and fixed-income exposures can change over time in accordance with the scheme's asset-allocation framework, with the objective of balancing participation in equity markets against debt and related portfolio components.

Recent scheme data also showed a minimum SIP investment of ₹100 and a minimum lump-sum investment of ₹100. Supporting holdings data included government securities and other fixed-income positions in addition to equity exposures, illustrating the multi-asset nature of the portfolio.

The 0.40% daily rise in NAV reflects the combined effect of all portfolio components rather than equity-market performance alone. Changes in equity prices, bond valuations, interest-rate movements and cash-related positions can all contribute to the daily NAV. That makes direct comparisons with a pure large-cap, mid-cap or small-cap fund less informative unless the underlying asset mix is also considered.

The three-year annualised return of 10.98% covers a substantially longer period than the 18 September daily movement. These two figures answer different questions: the first describes longer-term historical compounding, whereas the daily percentage measures movement between consecutive valuation points.