HDFC Balanced Advantage Fund Direct Growth NAV Edges Up to ₹562.16 on 21 September; Debt Allocation at 32.01%

Key Takeaways

• HDFC Balanced Advantage Fund Direct Growth NAV was ₹562.16 on 21 September 2026 after a 0.21% daily increase.
• The latest one-year return was -0.90%, compared with three- and five-year CAGRs of 11.37% and 14.47%.
• Debt represented 32.01% in the disclosed allocation breakdown, consistent with the scheme's hybrid structure.

HDFC Balanced Advantage Fund Direct Growth recorded an NAV of ₹562.16 for 21 September 2026, rising 0.21% for the day. The scheme had assets of approximately ₹1,07,296 crore and a Direct Growth expense ratio of 0.77%. The minimum SIP and lump-sum investment were both ₹100.

Historical returns differed sharply across periods. The latest one-year return was -0.90%, whereas the three-year CAGR stood at 11.37%. Over five years, the annualised return was 14.47%, 3.10 percentage points above the three-year figure. Those numbers cover different market windows and should therefore be read as separate historical measurements rather than a continuous progression.

Unlike a pure-equity scheme, a balanced advantage fund can alter its mix of equity and debt in line with its investment framework. Debt accounted for 32.01% in the latest disclosed allocation breakdown. Among the equity positions shown, ICICI Bank carried 5.32%, HDFC Bank 4.13%, Reliance Industries 3.74%, State Bank of India 3.46% and Bharti Airtel 2.93%. Those five equity holdings totalled 19.58%.

The available historical risk measures included an alpha of 6.64, standard deviation of 3.05, beta of 0.71 and Sharpe ratio of 0.72. Because the portfolio itself can vary its asset mix over time, these statistics describe past observations and should not be treated as fixed characteristics of future portfolio behaviour.

The disclosed exit-load schedule applies a 1% charge to applicable redemptions made within one year and no exit load thereafter under the specified conditions. Together with the asset-allocation data, that gives additional context to the ₹562.16 NAV without treating the scheme as though it were a conventional all-equity portfolio.