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 ₹573.40 2.4% 13.3% 16.1%
- Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual Fund · NAV ₹29.09 8.7% 13.9% 12.6%
- ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund · NAV ₹89.86 7.5% 12.9% 11.9%
- Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund · NAV ₹131.62 8.6% 13.1% 11.3%
- BANK OF INDIA BALANCED ADVANTAGE FUNDBank of India Mutual Fund · NAV ₹28.77 7.3% 10.5% 11.3%
- Nippon India Balanced Advantage FundNippon India Mutual Fund · NAV ₹212.73 5.7% 12.2% 10.7%
- Axis Balanced Advantage FundAxis Mutual Fund · NAV ₹24.43 4.7% 13.3% 10.6%
- Edelweiss Balanced Advantage FundEdelweiss Mutual Fund · NAV ₹62.00 7.1% 11.9% 10.6%
- Tata Balanced Advantage FundTata Mutual Fund · NAV ₹23.82 4.6% 9.9% 10.2%
- Kotak Balanced Advantage FundKotak Mahindra Mutual Fund · NAV ₹23.40 4.8% 10.9% 10.0%
- ITI Balanced Advantage FundITI Mutual Fund · NAV ₹16.52 1.9% 10.8% 9.8%
- DSP Dynamic Asset Allocation FundDSP Mutual Fund · NAV ₹33.66 6.2% 11.7% 9.5%
- Invesco India Balanced Advantage FundInvesco Mutual Fund · NAV ₹63.67 -0.9% 10.3% 9.5%
- BANDHAN Balanced Advantage FundBandhan Mutual Fund · NAV ₹29.91 6.3% 11.1% 9.1%
- Union Balanced Advantage FundUnion Mutual Fund · NAV ₹22.65 3.2% 9.5% 8.6%
- PGIM India Balanced Advantage FundPGIM India Mutual Fund · NAV ₹16.78 0.3% 8.6% 8.4%
- Shriram Balanced Advantage FundShriram Mutual Fund · NAV ₹19.10 1.9% 8.0% 7.9%
- UTI - Unit Linked Insurance PlanUTI Mutual Fund · NAV ₹47.33 3.9% 8.9% 7.4%
- Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund · NAV ₹12.41 — — —
- Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund · NAV ₹10.66 — — —
- Franklin India Balanced Advantage FundFranklin Templeton Mutual Fund · NAV ₹15.58 2.7% 11.4% —
- HSBC Balanced Advantage FundHSBC Mutual Fund · NAV ₹52.41 3.3% 10.6% —
- Helios Balanced Advantage FundHelios Mutual Fund · NAV ₹12.13 — — —
- LIC MF Balanced Advantage FundLIC Mutual Fund · NAV ₹15.22 4.6% 9.6% —
- Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual Fund · NAV ₹16.37 6.2% 12.4% —
- Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund · NAV ₹15.65 6.2% 11.3% —
- Motilal Oswal Balanced Advantage FundMotilal Oswal Mutual Fund · NAV ₹22.09 — — —
- NJ Balanced Advantage FundNJ Mutual Fund · NAV ₹14.65 1.5% 9.9% —
- Parag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund · NAV ₹11.85 — — —
- SBI Balanced Advantage FundSBI Mutual Fund · NAV ₹16.67 4.4% 11.0% —
- Samco Dynamic Asset Allocation FundSamco Mutual Fund · NAV ₹10.66 — — —
- Sundaram Balanced Advantage Fund (Formerly Known as Principal Balanced Advantage Fund)Sundaram Mutual Fund · NAV ₹42.70 3.1% 10.1% —
- The Wealth Company Balanced Advantage FundThe Wealth Company Mutual Fund · NAV ₹10.24 — — —
- UNIFI DYNAMIC ASSET ALLOCATION FUNDUnifi Mutual Fund · NAV ₹11.24 — — —
- UTI Balanced Advantage FundUTI Mutual Fund · NAV ₹13.21 — — —
- WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual Fund · NAV ₹15.85 5.8% 13.2% —
- quant Dynamic Asset Allocation Fundquant Mutual Fund · NAV ₹17.26 0.4% 15.3% —
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.