MonitorDirect · GrowthWatch before adding
HDFC Balanced Advantage Fund
HDFC Mutual FundHybrid Scheme - Dynamic Asset Allocation or Balanced Advantage13.8 years
The Scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
- NAV
- 546.24
- 30 Oct 2026
- 1Y
- -5.2%
- Trailing CAGR
- AUM
- ₹1,02,533.96 Cr
- 30 Sept 2026
- Volatility
- Medium
- 14.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 85% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer ICICI Prudential Balanced Advantage Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.77% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -34.2%. Ask whether you can hold through a similar fall.
Vs category
Pass
85% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Ihab Dalwai · 0.1 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 30.3% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 34%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-5.2%
- 3Y+10.5%
- 5Y+13.0%
- 10Y+13.6%
- SI+13.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-5.2%
- 3Y+2.1%
- 5Y+9.9%
- 10Y+13.8%
- Since inception
- +13.5%
- Calendar-day CAGR
- Excess 1Y
- -3.3%
- Category median, same plan and option
- 3Y win rate
- +85%
- Windows beating the median
- 3Y percentile
- 76
- Vs comparable share classes
- SIP 3Y XIRR
- +2.1%
- Simulated monthly SIP
- Worst rolling 3Y
- -3.7%
- 2654 daily-ending windows
- Median rolling 3Y
- +15.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2162 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -34.2%
- Worst peak-to-trough
- Current
- -6.5%
- Below last peak
- Current spell
- 301 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 12 days
- 164 recovered episodes
- Longest recovery
- 255 days
- Trough to prior peak
4 Jul 2019 – 3 Dec 2020
Trough 23 Mar 2020 · recovered in 255 days
-34.2%
21 Jan 2013 – 1 Apr 2014
Trough 28 Aug 2013 · recovered in 216 days
-22.8%
29 Jan 2015 – 11 Jul 2016
Trough 25 Feb 2016 · recovered in 137 days
-21.5%
23 Jan 2018 – 15 Mar 2019
Trough 26 Oct 2018 · recovered in 140 days
-11.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
77
Vs category
29
Consistency
74
Risk-adjusted
53
Drawdown
15
Mean
50
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 85% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 313 holdings · top 10 are 30.3%.
- Top 5
- 19.3%
- Top 10
- 30.3%
- Largest holding
- 5.1%
- Effective holdings
- 69.9
ICICI Bank Ltd
Financial
5.1%
HDFC Bank Ltd
Financial
4.3%
Reliance Industries Ltd
Energy & Utilities
3.6%
State Bank of India
Financial
3.3%
Bharti Airtel Ltd
Technology
3.0%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
30 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential Balanced Advantage Fund
ICICI Prudential Mutual Fund
- 1Y
- +0.3%
- 3Y
- +10.5%
- Vol
- 9.0%
- Max DD
- -27.0%
- Sharpe
- 0.71
- 3Y win
- +94%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
quant Dynamic Asset Allocation Fund
quant Mutual Fund
- 1Y
- -5.8%
- 3Y
- +12.8%
- Vol
- 13.8%
- Max DD
- -18.4%
- Sharpe
- 0.68
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Franklin India Balanced Advantage Fund
Franklin Templeton Mutual Fund
- 1Y
- -4.4%
- 3Y
- +8.9%
- Vol
- 6.9%
- Max DD
- -8.1%
- Sharpe
- 0.56
- 3Y win
- +96%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
SBI Balanced Advantage Fund
SBI Mutual Fund
- 1Y
- -3.0%
- 3Y
- +9.4%
- Vol
- 6.4%
- Max DD
- -7.4%
- Sharpe
- 0.54
- 3Y win
- +98%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
UNIFI DYNAMIC ASSET ALLOCATION FUND
Unifi Mutual Fund
- 1Y
- +8.4%
- 3Y
- n/a
- Vol
- 0.8%
- Max DD
- -0.2%
- Sharpe
- 2.71
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns