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.
Regular plans in this category
- HDFC Balanced Advantage FundHDFC Mutual Fund · NAV ₹498.52 -6.6% 9.4% 11.7%
- ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund · NAV ₹75.86 -2.2% 9.3% 8.8%
- BANK OF INDIA BALANCED ADVANTAGE FUNDBank of India Mutual Fund · NAV ₹25.04 -2.7% 7.4% 8.5%
- SBI Balanced Advantage FundSBI Mutual Fund · NAV ₹15.16 -4.3% 8.4% 8.1%
- Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual Fund · NAV ₹24.51 -3.3% 9.4% 8.0%
- Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund · NAV ₹109.73 -0.8% 9.6% 7.8%
- Axis Balanced Advantage FundAxis Mutual Fund · NAV ₹20.77 -3.9% 9.5% 7.4%
- Nippon India Balanced Advantage FundNippon India Mutual Fund · NAV ₹175.84 -3.4% 8.3% 7.3%
- Edelweiss Balanced Advantage FundEdelweiss Mutual Fund · NAV ₹51.59 -2.4% 8.5% 7.0%
- Kotak Balanced Advantage FundKotak Mahindra Mutual Fund · NAV ₹20.28 -3.9% 7.4% 6.8%
- DSP Dynamic Asset Allocation FundDSP Mutual Fund · NAV ₹27.80 -1.8% 8.5% 6.7%
- Invesco India Balanced Advantage FundInvesco Mutual Fund · NAV ₹51.56 -6.2% 7.2% 6.5%
- Tata Balanced Advantage FundTata Mutual Fund · NAV ₹19.68 -6.1% 5.5% 6.0%
- BANDHAN Balanced Advantage FundBandhan Mutual Fund · NAV ₹24.49 -1.5% 7.6% 6.0%
- Union Balanced Advantage FundUnion Mutual Fund · NAV ₹19.72 -6.2% 5.8% 5.2%
- PGIM India Balanced Advantage FundPGIM India Mutual Fund · NAV ₹14.31 -9.2% 4.8% 4.6%
- UTI - Unit Linked Insurance PlanUTI Mutual Fund · NAV ₹41.83 -2.4% 6.6% 4.6%
- ITI Balanced Advantage FundITI Mutual Fund · NAV ₹13.51 -9.9% 5.0% 3.9%
- Shriram Balanced Advantage FundShriram Mutual Fund · NAV ₹15.90 -7.4% 3.7% 3.7%
- Motilal Oswal Balanced Advantage FundMotilal Oswal Mutual Fund · NAV ₹19.07 -8.8% 0.3% 3.4%
- Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund · NAV ₹11.19 — — —
- Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund · NAV ₹9.85 — — —
- Franklin India Balanced Advantage FundFranklin Templeton Mutual Fund · NAV ₹13.77 -6.7% 7.2% —
- HSBC Balanced Advantage FundHSBC Mutual Fund · NAV ₹42.73 -3.5% 7.8% —
- Helios Balanced Advantage FundHelios Mutual Fund · NAV ₹11.09 — — —
- JioBlackRock Balanced Advantage FundJio BlackRock Mutual Fund · NAV ₹10.05 — — —
- LIC MF Balanced Advantage FundLIC Mutual Fund · NAV ₹13.16 -6.7% 5.3% —
- Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual Fund · NAV ₹14.33 -3.3% 9.1% —
- Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund · NAV ₹14.27 -1.6% 8.6% —
- NJ Balanced Advantage FundNJ Mutual Fund · NAV ₹13.19 -4.8% 6.0% —
- Parag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund · NAV ₹11.48 — — —
- Samco Dynamic Asset Allocation FundSamco Mutual Fund · NAV ₹9.91 — — —
- Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund)Sundaram Mutual Fund · NAV ₹33.53 -7.9% 6.1% —
- The Wealth Company Balanced Advantage FundThe Wealth Company Mutual Fund · NAV ₹9.37 — — —
- UNIFI DYNAMIC ASSET ALLOCATION FUNDUnifi Mutual Fund · NAV ₹11.28 — — —
- UTI Balanced Advantage FundUTI Mutual Fund · NAV ₹12.13 -6.3% 7.0% —
- WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual Fund · NAV ₹14.27 -3.2% 9.7% —
- quant Dynamic Asset Allocation Fundquant Mutual Fund · NAV ₹15.48 -7.6% 11.6% —
Point-to-point CAGR from AMFI NAV history, Regular 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.