HDFC Balanced Advantage Fund Direct Growth NAV Rises to ₹546.68 on 29 October; AUM at ₹102,534 Crore

Key Takeaways

• HDFC Balanced Advantage Fund Direct Growth recorded a NAV of ₹546.68 on 29 October 2026, rising 0.73%.
• Its historical returns stood at -5.47% over one year, 10.60% over three years and 13.04% over five years.
• The balanced advantage scheme is a hybrid, dynamic asset allocation strategy, combining equity exposure with debt or fixed-income exposure rather than operating as a pure-equity fund.
• The latest snapshot showed a ₹102,534 crore fund size and a 0.78% Direct Growth expense ratio.

HDFC Balanced Advantage Fund Direct Growth recorded a NAV of ₹546.68 on 29 October 2026, up 0.73% over the valuation day. Importantly, this is a hybrid Dynamic Asset Allocation or Balanced Advantage Fund, not a pure-equity scheme. Its strategy can combine equity and equity-related securities with debt, fixed-income and related exposures as portfolio positioning changes.

The latest trailing-return data showed a one-year return of -5.47%, a three-year CAGR of 10.60% and a five-year annualised return of 13.04%. The maximum-period figure displayed was 14.01%. Historical returns reflect the combined outcome of the scheme's changing asset mix rather than equity holdings alone.

Among the largest individually disclosed positions, ICICI Bank accounted for 5.06%, followed by HDFC Bank at 4.32%, Reliance Industries at 3.64%, State Bank of India at 3.28% and Bharti Airtel at 3.05%. These are equity positions and represent only part of the hybrid portfolio. They should not be interpreted as the scheme's complete asset allocation because fixed-income and other exposures also form part of the balanced advantage structure.

The latest snapshot showed a fund size of ₹102,534 crore, a Direct Growth expense ratio of 0.78%, and minimum SIP and lump-sum amounts of ₹100 each. Risk indicators displayed included an alpha of 5.89, beta of 0.71, standard deviation of 3.13 and Sharpe ratio of 0.48.

Because allocation can shift between asset classes, changes in the NAV may reflect movements across both equity and fixed-income components. Historical returns and risk ratios describe previous periods and do not determine subsequent performance.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.