HDFC Balanced Advantage Fund Direct Growth NAV at ₹539.4440 on 23 October 2026; 3-Year Return at 9.80%

Key Takeaways

• HDFC Balanced Advantage Fund Direct Growth recorded an exact-date NAV of ₹539.4440 on 23 October 2026, with a three-year annualised return of 9.80%.
• The scheme is a Balanced Advantage or Dynamic Asset Allocation Fund that combines equity and fixed-income securities rather than operating as a pure-equity portfolio.
• The latest 5paisa snapshot showed a fund size of ₹102,534 crore, an expense ratio of 0.78%, and minimum SIP and lump-sum amounts of ₹100 each.
• ICICI Bank was the largest disclosed equity holding at 5.06%, followed by HDFC Bank and Reliance Industries.

HDFC Balanced Advantage Fund Direct Growth recorded a NAV of ₹539.4440 on 23 October 2026. The exact Direct Plan record showed a three-year annualised return of 9.80%. A reliable one-day percentage movement was not displayed alongside the exact-date fallback NAV, so no daily change has been inferred.

The scheme is classified as a Balanced Advantage Fund, also known as a Dynamic Asset Allocation Fund. Its structure is materially different from a pure-equity strategy: it combines equity and fixed-income/debt securities, with the balance between the two managed dynamically according to the fund's allocation framework.

The latest available 5paisa snapshot showed a fund size of ₹102,534 crore, with an expense ratio of 0.78%. The minimum SIP and lump-sum investment were both ₹100. That snapshot showed one-, three- and five-year returns of -3.89%, 10.02% and 12.52%, respectively; these supporting figures were from an earlier fund snapshot and are separate from the exact 23 October NAV and 9.80% three-year figure verified on the Direct Plan fallback.

Among the disclosed equity positions, ICICI Bank accounted for 5.06%, HDFC Bank 4.32%, Reliance Industries 3.64%, SBI 3.28% and Bharti Airtel 3.05%. Together, those five listed equity positions represented 19.35% of the portfolio snapshot. They describe only the equity side of a broader hybrid allocation and should not be mistaken for the complete asset mix.

The scheme's dynamic allocation means changes in both equity markets and fixed-income conditions can influence its NAV.