HDFC Balanced Advantage Fund Direct Growth NAV Slips to ₹561.36 on 22 September; 5-Year CAGR at 14.34%

Key Takeaways

• HDFC Balanced Advantage Fund Direct Growth NAV declined 0.14% to ₹561.36 on 22 September 2026, representing a relatively small movement between successive valuations.
• Historical performance varied across periods, with a one-year return of -0.65%, a three-year CAGR of 11.27% and a higher five-year annualised return of 14.34%.
• The scheme managed approximately ₹1,07,296 crore, with a Direct Growth expense ratio of 0.77% and minimum SIP and lump-sum investments of ₹100 each.
• ICICI Bank, HDFC Bank, Reliance Industries, SBI and Bharti Airtel together represented 19.58% of the portfolio, while the broader scheme also maintained debt and other non-equity exposures under its dynamic asset-allocation framework.

HDFC Balanced Advantage Fund Direct Growth NAV declined 0.14% to ₹561.36 on 22 September 2026. Its latest one-year historical return stood at -0.65%. Across three years, the scheme recorded an annualised return of 11.27%, with the five-year CAGR higher at 14.34%. That puts the five-year figure 3.07 percentage points above the three-year result.

Assets under management stood at approximately ₹1,07,296 crore. The Direct Growth expense ratio was 0.77%, and the minimum SIP and lump-sum investment were both ₹100 in the latest scheme information.

The portfolio requires a different reading from a conventional pure-equity scheme. HDFC Balanced Advantage Fund operates under a dynamic asset-allocation framework, allowing equity and debt exposure to change over time according to the scheme's investment approach. Fixed-income securities and related portfolio components can therefore influence the NAV alongside listed equities.

Among the larger disclosed equity positions, ICICI Bank accounted for 5.32%, HDFC Bank 4.13%, Reliance Industries 3.74%, SBI 3.46% and Bharti Airtel 2.93%. Together, these five equity holdings represented 19.58% of the portfolio.

Historical risk statistics included alpha of 6.64, beta of 0.71, standard deviation of 3.05 and a Sharpe ratio of 0.72. The beta reflects the portfolio's historical sensitivity relative to the benchmark used for the calculation. It does not determine subsequent NAV movements.

The 0.14% daily decline should similarly remain separate from the longer return periods. A daily NAV change covers one valuation interval, whereas a CAGR annualises performance across several years.