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Dynamic Asset Allocation or Balanced Advantage Mutual Funds

The world of finance can be explored endlessly. If you want to invest your money appropriately, you will be startled by the variation in the types of funds and investment opportunities available. View More

A Balanced advantage fund is one such category where money movement from one asset to another is sure to capitalize and is done with great precision. It runs on the strategy of generating decent returns through dynamic investment schemes. Depending on the market conditions, they make a shift between equity and debt. It principally adjusts equity exposure solely based on overall market valuations, be it expensive or cheap.

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List of Dynamic Asset Allocation or Balanced Advantage Mutual Funds

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quant written in black bold font with abstract icons inside each alphabetQuant Dynamic Asset Allocation Fund-Direct Growth

-1.51%

Fund Size (Cr.) - 852

Invest
Tree-inspired graphic on blue backgroundWhiteOak Capital Balanced Advantage Fund - Dir Growth

2.40%

Fund Size (Cr.) - 2,302

Invest
Multi-colored banking logo with orange and green as primary colors and two abstract elementsBaroda BNP Paribas Dynamic Asset Allocation Fund-Dir Growth

4.25%

Fund Size (Cr.) - 5,343

Invest
A rectangular logo with a pyramid like structure in center formed with red, orange and yellow colours.Aditya Birla SL Balanced Advantage Fund-Dir Growth

5.09%

Fund Size (Cr.) - 10,125

Invest
Black and red square logo with a few white rectangles and a red rectangleHDFC Balanced Advantage Fund - Direct Growth

-1.25%

Fund Size (Cr.) - 107,296

Invest
Burgundy triangular symbolAXIS Balanced Advantage Fund - Direct Growth

1.14%

Fund Size (Cr.) - 3,836

Invest
Orange and red emblem with small i written in white.ICICI Pru Balanced Advantage Fund - Dir Growth

3.10%

Fund Size (Cr.) - 75,399

Invest
Mahindra written in redMahindra Manulife Balanced Advantage Fund-Dir Growth

3.06%

Fund Size (Cr.) - 923

Invest
DSP written in black color with a cyan colored underlineDSP Dynamic Asset Allocation Fund -Dir Growth

3.34%

Fund Size (Cr.) - 3,821

Invest
Red geometric emblem with white geometric shape in betweenNippon India Balanced Advantage Fund - Direct Growth

1.84%

Fund Size (Cr.) - 9,918

Invest
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Who Should Invest in the Best Balanced Advantage Funds?

Volatility is the key essence of the stock market. It is constantly reaching new heights, but overall corporate earnings are still on the lower side. Generally, all investors lookout for opportunities to buy when the market is low and sell when the market seems to skyrocket. Investors are now very much updated and have much knowledge about where to invest their money for good returns. View More

Investors who want moderate risk and envision long-term investment can apply for the best balanced-advantage fund. Investors should have a mindset to invest for at least a horizon of 3 to 5 years, and they should be open to the idea of considering a shift between equity and debt to maximize their returns.

  • Retirees can think about these funds as their monthly income option. A top balanced advantage fund brings capital appreciation and regular income, despite the market is highly volatile.
  • Seasoned investors can consider choosing the best balanced advantage fund while restricting the downside through debt exposure.
  • Even for a beginner, risk can be managed actively, and a balance can be brought by educational exposure to equity investments.
  • This investment is the best for those who desire long-term returns and goals and can bring fixed-income securities.

The top balanced advantage fund gives a fantastic opportunity to invest in equities without bothering or fearing the risk involved in equity investing. It is a win-win situation.

Popular Dynamic Asset Allocation or Balanced Advantage Mutual Funds

  • Min SIP Investment Amt
  • ₹ 1000
  • AUM (Cr.)
  • ₹ 852
  • 3Y Returns
  • 12.62%

  • Quant Dynamic Asset Allocation Fund-Direct Growth is an Dynamic Asset Allocation Fund or Balanced Advantage Fund scheme that was launched on 23-03-2023 and is currently under the management of our experienced fund manager Sandeep Tandon. With an impressive AUM of ₹852 Crores, this scheme's latest NAV is ₹16.9871 as of 9/17/2026 12:00:00 AM.


    Quant Dynamic Asset Allocation Fund-Direct Growth scheme has delivered a return performance of -1.51% in the last 1 year, 12.62% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 1000, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation Fund or Balanced Advantage Fund.

  • Min SIP Investment Amt
  • ₹ 1000
  • AUM (Cr.)
  • ₹ 852
  • 3Y Returns
  • 12.62%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 2,302
  • 3Y Returns
  • 11.30%

  • WhiteOak Capital Balanced Advantage Fund - Dir Growth is an Dynamic Asset Allocation Fund or Balanced Advantage Fund scheme that was launched on 20-01-2023 and is currently under the management of our experienced fund manager Ramesh Mantri. With an impressive AUM of ₹2,302 Crores, this scheme's latest NAV is ₹15.492 as of 9/17/2026 12:00:00 AM.


    WhiteOak Capital Balanced Advantage Fund - Dir Growth scheme has delivered a return performance of 2.40% in the last 1 year, 11.30% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation Fund or Balanced Advantage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 2,302
  • 3Y Returns
  • 11.30%

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 5,343
  • 3Y Returns
  • 11.24%

  • Baroda BNP Paribas Dynamic Asset Allocation Fund-Dir Growth is an Dynamic Asset Allocation Fund or Balanced Advantage Fund scheme that was launched on 22-10-2018 and is currently under the management of our experienced fund manager Jitendra Sriram. With an impressive AUM of ₹5,343 Crores, this scheme's latest NAV is ₹28.0826 as of 9/17/2026 12:00:00 AM.


    Baroda BNP Paribas Dynamic Asset Allocation Fund-Dir Growth scheme has delivered a return performance of 4.25% in the last 1 year, 11.24% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 500, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation Fund or Balanced Advantage Fund.

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 5,343
  • 3Y Returns
  • 11.24%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 10,125
  • 3Y Returns
  • 11.14%

  • Aditya Birla SL Balanced Advantage Fund-Dir Growth is an Dynamic Asset Allocation Fund or Balanced Advantage Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Mohit Sharma. With an impressive AUM of ₹10,125 Crores, this scheme's latest NAV is ₹128.73 as of 9/17/2026 12:00:00 AM.


    Aditya Birla SL Balanced Advantage Fund-Dir Growth scheme has delivered a return performance of 5.09% in the last 1 year, 11.14% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation Fund or Balanced Advantage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 10,125
  • 3Y Returns
  • 11.14%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 107,296
  • 3Y Returns
  • 10.83%

  • HDFC Balanced Advantage Fund - Direct Growth is an Dynamic Asset Allocation Fund or Balanced Advantage Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Gopal Agrawal. With an impressive AUM of ₹107,296 Crores, this scheme's latest NAV is ₹558.784 as of 9/17/2026 12:00:00 AM.


    HDFC Balanced Advantage Fund - Direct Growth scheme has delivered a return performance of -1.25% in the last 1 year, 10.83% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation Fund or Balanced Advantage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 107,296
  • 3Y Returns
  • 10.83%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 3,836
  • 3Y Returns
  • 10.83%

  • AXIS Balanced Advantage Fund - Direct Growth is an Dynamic Asset Allocation Fund or Balanced Advantage Fund scheme that was launched on 11-07-2017 and is currently under the management of our experienced fund manager Jayesh Sundar. With an impressive AUM of ₹3,836 Crores, this scheme's latest NAV is ₹23.87 as of 9/17/2026 12:00:00 AM.


    AXIS Balanced Advantage Fund - Direct Growth scheme has delivered a return performance of 1.14% in the last 1 year, 10.83% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation Fund or Balanced Advantage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 3,836
  • 3Y Returns
  • 10.83%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 75,399
  • 3Y Returns
  • 10.70%

  • ICICI Pru Balanced Advantage Fund - Dir Growth is an Dynamic Asset Allocation Fund or Balanced Advantage Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Rajat Chandak. With an impressive AUM of ₹75,399 Crores, this scheme's latest NAV is ₹87.13 as of 9/17/2026 12:00:00 AM.


    ICICI Pru Balanced Advantage Fund - Dir Growth scheme has delivered a return performance of 3.10% in the last 1 year, 10.70% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation Fund or Balanced Advantage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 75,399
  • 3Y Returns
  • 10.70%

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 923
  • 3Y Returns
  • 10.68%

  • Mahindra Manulife Balanced Advantage Fund-Dir Growth is an Dynamic Asset Allocation Fund or Balanced Advantage Fund scheme that was launched on 09-12-2021 and is currently under the management of our experienced fund manager Neelesh Dhamnaskar. With an impressive AUM of ₹923 Crores, this scheme's latest NAV is ₹16.0269 as of 9/17/2026 12:00:00 AM.


    Mahindra Manulife Balanced Advantage Fund-Dir Growth scheme has delivered a return performance of 3.06% in the last 1 year, 10.68% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 500, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation Fund or Balanced Advantage Fund.

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 923
  • 3Y Returns
  • 10.68%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 3,821
  • 3Y Returns
  • 10.29%

  • DSP Dynamic Asset Allocation Fund -Dir Growth is an Dynamic Asset Allocation Fund or Balanced Advantage Fund scheme that was launched on 17-01-2014 and is currently under the management of our experienced fund manager Rohit Singhania. With an impressive AUM of ₹3,821 Crores, this scheme's latest NAV is ₹33.051 as of 9/17/2026 12:00:00 AM.


    DSP Dynamic Asset Allocation Fund -Dir Growth scheme has delivered a return performance of 3.34% in the last 1 year, 10.29% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation Fund or Balanced Advantage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 3,821
  • 3Y Returns
  • 10.29%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 9,918
  • 3Y Returns
  • 10.25%

  • Nippon India Balanced Advantage Fund - Direct Growth is an Dynamic Asset Allocation Fund or Balanced Advantage Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Bhavik Dave. With an impressive AUM of ₹9,918 Crores, this scheme's latest NAV is ₹208.0015 as of 9/17/2026 12:00:00 AM.


    Nippon India Balanced Advantage Fund - Direct Growth scheme has delivered a return performance of 1.84% in the last 1 year, 10.25% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation Fund or Balanced Advantage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 9,918
  • 3Y Returns
  • 10.25%
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