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 ₹527.17 1.8% 12.6% 15.4%
- ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund · NAV ₹80.06 6.9% 12.2% 11.3%
- Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual Fund · NAV ₹26.29 7.5% 12.6% 11.2%
- BANK OF INDIA BALANCED ADVANTAGE FUNDBank of India Mutual Fund · NAV ₹26.29 6.0% 9.3% 10.2%
- Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund · NAV ₹114.57 7.4% 11.8% 10.0%
- Axis Balanced Advantage FundAxis Mutual Fund · NAV ₹21.65 3.4% 11.9% 9.3%
- Edelweiss Balanced Advantage FundEdelweiss Mutual Fund · NAV ₹53.84 5.9% 10.6% 9.3%
- Nippon India Balanced Advantage FundNippon India Mutual Fund · NAV ₹185.42 4.5% 10.9% 9.3%
- Kotak Balanced Advantage FundKotak Mahindra Mutual Fund · NAV ₹21.31 3.7% 9.7% 8.7%
- Tata Balanced Advantage FundTata Mutual Fund · NAV ₹21.22 3.3% 8.5% 8.7%
- DSP Dynamic Asset Allocation FundDSP Mutual Fund · NAV ₹28.99 4.9% 10.4% 8.2%
- Invesco India Balanced Advantage FundInvesco Mutual Fund · NAV ₹52.96 -2.2% 8.9% 8.1%
- ITI Balanced Advantage FundITI Mutual Fund · NAV ₹14.53 0.2% 8.9% 7.7%
- BANDHAN Balanced Advantage FundBandhan Mutual Fund · NAV ₹25.51 5.0% 9.6% 7.6%
- Union Balanced Advantage FundUnion Mutual Fund · NAV ₹20.75 2.0% 8.3% 7.3%
- UTI - Unit Linked Insurance PlanUTI Mutual Fund · NAV ₹43.46 3.3% 8.2% 6.7%
- PGIM India Balanced Advantage FundPGIM India Mutual Fund · NAV ₹15.24 -1.4% 6.8% 6.6%
- Shriram Balanced Advantage FundShriram Mutual Fund · NAV ₹16.73 0.1% 6.1% 5.9%
- Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund · NAV ₹11.90 — — —
- Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund · NAV ₹10.36 — — —
- Franklin India Balanced Advantage FundFranklin Templeton Mutual Fund · NAV ₹14.61 1.3% 9.8% —
- HSBC Balanced Advantage FundHSBC Mutual Fund · NAV ₹44.59 2.0% 9.1% —
- Helios Balanced Advantage FundHelios Mutual Fund · NAV ₹11.68 — — —
- LIC MF Balanced Advantage FundLIC Mutual Fund · NAV ₹14.08 3.1% 8.0% —
- Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual Fund · NAV ₹15.09 4.5% 10.6% —
- Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund · NAV ₹14.79 4.8% 9.8% —
- Motilal Oswal Balanced Advantage FundMotilal Oswal Mutual Fund · NAV ₹19.59 — — —
- NJ Balanced Advantage FundNJ Mutual Fund · NAV ₹13.76 0.1% 8.5% —
- Parag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund · NAV ₹11.75 — — —
- SBI Balanced Advantage FundSBI Mutual Fund · NAV ₹15.90 3.6% 10.1% —
- Samco Dynamic Asset Allocation FundSamco Mutual Fund · NAV ₹10.21 — — —
- Sundaram Balanced Advantage Fund (Formerly Known as Principal Balanced Advantage Fund)Sundaram Mutual Fund · NAV ₹35.83 1.6% 8.5% —
- The Wealth Company Balanced Advantage FundThe Wealth Company Mutual Fund · NAV ₹10.13 — — —
- UNIFI DYNAMIC ASSET ALLOCATION FUNDUnifi Mutual Fund · NAV ₹11.14 — — —
- UTI Balanced Advantage FundUTI Mutual Fund · NAV ₹12.67 — — —
- WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual Fund · NAV ₹15.00 4.3% 11.4% —
- quant Dynamic Asset Allocation Fundquant Mutual Fund · NAV ₹16.41 -1.0% 13.6% —
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.