Balanced Advantage Mutual Funds
Equity and debt moved dynamically, by a model.
The equity share rises when the market looks cheap and falls when it looks expensive, decided by a formula rather than a mood. Read the fund's model — they differ enormously, and it is the entire product.
Who it suits. Investors who want somebody else to decide when to be cautious. Hold for 3 to 5 years.
Direct plans in this category
- HDFC Balanced Advantage FundHDFC Mutual Fund · NAV ₹543.12 -6.0% 10.1% 12.4%
- BANK OF INDIA BALANCED ADVANTAGE FUNDBank of India Mutual Fund · NAV ₹27.46 -1.6% 8.6% 9.6%
- ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund · NAV ₹84.98 -1.6% 9.9% 9.4%
- Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual Fund · NAV ₹27.14 -2.2% 10.7% 9.3%
- SBI Balanced Advantage FundSBI Mutual Fund · NAV ₹15.94 -3.5% 9.3% 9.1%
- Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund · NAV ₹126.10 0.3% 10.8% 9.1%
- Axis Balanced Advantage FundAxis Mutual Fund · NAV ₹23.49 -2.8% 10.8% 8.7%
- Nippon India Balanced Advantage FundNippon India Mutual Fund · NAV ₹202.33 -2.3% 9.6% 8.6%
- Edelweiss Balanced Advantage FundEdelweiss Mutual Fund · NAV ₹59.44 -1.3% 9.8% 8.3%
- DSP Dynamic Asset Allocation FundDSP Mutual Fund · NAV ₹32.36 -0.6% 9.8% 8.1%
- Kotak Balanced Advantage FundKotak Mahindra Mutual Fund · NAV ₹22.33 -2.9% 8.6% 8.0%
- Invesco India Balanced Advantage FundInvesco Mutual Fund · NAV ₹62.18 -5.0% 8.7% 8.0%
- Tata Balanced Advantage FundTata Mutual Fund · NAV ₹22.18 -5.0% 6.9% 7.5%
- BANDHAN Balanced Advantage FundBandhan Mutual Fund · NAV ₹28.80 -0.2% 9.0% 7.4%
- PGIM India Balanced Advantage FundPGIM India Mutual Fund · NAV ₹15.82 -7.7% 6.6% 6.5%
- Union Balanced Advantage FundUnion Mutual Fund · NAV ₹21.54 -5.2% 7.0% 6.4%
- ITI Balanced Advantage FundITI Mutual Fund · NAV ₹15.35 -8.4% 6.9% 5.8%
- Shriram Balanced Advantage FundShriram Mutual Fund · NAV ₹18.24 -5.7% 5.6% 5.6%
- UTI - Unit Linked Insurance PlanUTI Mutual Fund · NAV ₹45.64 -1.8% 7.3% 5.3%
- Motilal Oswal Balanced Advantage FundMotilal Oswal Mutual Fund · NAV ₹21.55 -7.7% 1.6% 4.7%
- Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund · NAV ₹11.70 — — —
- Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund · NAV ₹10.16 — — —
- Franklin India Balanced Advantage FundFranklin Templeton Mutual Fund · NAV ₹14.67 -5.3% 8.8% —
- HSBC Balanced Advantage FundHSBC Mutual Fund · NAV ₹50.41 -2.2% 9.2% —
- Helios Balanced Advantage FundHelios Mutual Fund · NAV ₹11.54 — — —
- JioBlackRock Balanced Advantage FundJio BlackRock Mutual Fund · NAV ₹10.08 — — —
- LIC MF Balanced Advantage FundLIC Mutual Fund · NAV ₹14.20 -5.4% 6.9% —
- Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual Fund · NAV ₹15.58 -1.7% 11.0% —
- Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund · NAV ₹15.11 -0.3% 10.1% —
- NJ Balanced Advantage FundNJ Mutual Fund · NAV ₹14.08 -3.6% 7.4% —
- Parag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund · NAV ₹11.61 — — —
- Samco Dynamic Asset Allocation FundSamco Mutual Fund · NAV ₹10.33 — — —
- Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund)Sundaram Mutual Fund · NAV ₹39.92 -6.9% 7.1% —
- The Wealth Company Balanced Advantage FundThe Wealth Company Mutual Fund · NAV ₹9.49 — — —
- UNIFI DYNAMIC ASSET ALLOCATION FUNDUnifi Mutual Fund · NAV ₹11.38 — — —
- UTI Balanced Advantage FundUTI Mutual Fund · NAV ₹12.70 -5.5% 7.9% —
- WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual Fund · NAV ₹15.14 -1.8% 11.4% —
- quant Dynamic Asset Allocation Fundquant Mutual Fund · NAV ₹16.44 -6.2% 13.2% —
Point-to-point CAGR from AMFI NAV history, Direct plans only. Ordered by five-year return so the list has a shape, not because the order is a judgement. Past returns do not predict future ones — a fund near the top is usually there because its style suited the last five years, and styles take turns.
Other categories
Questions people ask
What is a Balanced Advantage fund?
Equity and debt moved dynamically, by a model. The equity share rises when the market looks cheap and falls when it looks expensive, decided by a formula rather than a mood. Read the fund's model — they differ enormously, and it is the entire product.
Who should invest in Balanced Advantage funds?
Investors who want somebody else to decide when to be cautious. A sensible holding period is 3 to 5 years.
How is this list ordered?
By five-year CAGR computed from AMFI's published NAV history, within one plan type. It is a sort, not a verdict — a fund near the top is there because its style suited the last five years, which is not a promise about the next five.
Should I choose the Direct or Regular plan?
A Direct plan holds exactly the same portfolio without the distributor commission, so its expense ratio is lower — commonly 0.5% to 1.2% a year — and it compounds ahead of the Regular plan for ever. Choose Regular only if you want an intermediary's advice and are content to pay for it annually.