HDFC Balanced Advantage Fund - Growth Plan - Direct Plan
Fund Overview
HDFC Balanced Advantage Fund Direct Growth is an open-ended dynamic asset allocation hybrid fund.
The fund aims to generate income and long-term capital growth by using a combination of debt and equity instruments. It is suitable for investors with a moderately high-risk appetite and an investment horizon of 3-5 years.
Key Information
- Type: Balanced Advantage Fund
- Risk Level: Moderately High to High
- Explore Other HDFC Funds
- 5 Year CAGR (12, Jun 2020→10, Jun2025) = 26.4 %
Key Metrics & Performance
Advanced Observations
The fund's NAV has shown extremely robust growth, more than tripling over the five-year period, with a cumulative gain of approximately 222%. The five-year CAGR of around 26.4% highlights a strong risk-managed approach.
Volatility over the past year has been relatively low compared to pure equity funds. Despite a drawdown in early 2025, the fund still managed to post a respectable yearly growth of about 8.6%.
Asset Allocation Strategy
Allocation Breakdown
Portfolio Details
The fund dynamically manages its equity exposure between 30% and 85%, adapting to market valuations.
Top Industries
Top Holdings
- ICICI Bank
- HDFC Bank
- Reliance Industries
- Infosys
Debt Component (~25-35%)
The debt portion includes a mix of corporate bonds, government securities, and money-market instruments to provide stability.
HDFC Balanced Advantage Fund Direct Growth vs Peer Comparison
| Fund | AUM (₹ Cr) | 1Yr CAGR | 3Yr CAGR | 5Yr CAGR | Risk Level |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund – Direct | 97,461 | 8.59% | 23.92% | 26.38% | Very High |
| ICICI Pru Balanced Advantage Fund – Direct | 63,787 | 21.54% | 23.25% | 14.93% | Very High |
| SBI Dynamic Asset Allocation Fund – Direct | 35,566 | 24.94% | 21.96% | 15.75% | Very High |
| Aditya Birla Balanced Advantage Fund – Direct | 7,710 | 30.65% | 28.39% | 16.24% | Very High |
| Kotak Balanced Advantage Fund – Direct | 16,988 | 26.00% | 22.75% | 14.80% | Very High |
| Axis Balanced Advantage Fund – Direct | 3,161 | 13.90% | 17.31% | 17.25% | Very High |
Money Management
The fund is helmed by lead manager Mr. Devang Shah, who brings over 15 years of expertise in managing hybrid and equity mandates. He is supported by co-managers who oversee the fixed-income portfolio.
The investment process is robust, integrating proprietary market-timing indicators with quantitative valuation models to guide asset allocation decisions.
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