HDFC Balanced Advantage Fund Direct-Growth
HDFC Balanced Advantage Fund Direct-Growth: Mutual Fund Overview
HDFC Balanced Advantage Fund Direct-Growth is an Dynamic Asset Allocation mutual fund with over 13.22 years of performance history. The scheme manages an AUM of ₹107589.67 Cr and has a NAV of ₹529.208. It is rated '5' stars by analysts. Investors can begin a SIP with as little as ₹100.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 3.42%.
Hybrid, Dynamic Asset Allocation, Principal at very high risk
1 Year Return 3.42% at 24 Mar 2026 04:05 PM
Fund Details
NAV 529.208
Sub-Type Dynamic Asset Allocation
Rating 5
Min. SIP Amount ₹100.0
Fund Age(Year) 13.22
Fund Size(in Crores) 107589.67
Fund Performance
1 Month -6.2%
3 Month -6.15%
6 Month -4.72%
1 Year 3.42%
3 Year 16.59%
5 Year 16.54%
Know This Fund
As on 24 Mar 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (0%) Market Cap Top Sectors Top Holding
Debt & Others (0%) Sector Allocation Debt Credit Ratings Debt Category
Comparison with same funds
Equity, Flexi Cap funds Aditya Birla Sun Life Balanced Advantage Fund Regular-Growth Ret 1M -6.84% Ret 1Y 2.75% Ret 3Y 11.26% Ret 5Y 9.32%
Equity, Flexi Cap funds Aditya Birla Sun Life Balanced Advantage Fund Regular-IDCW Ret 1M -6.84% Ret 1Y 2.75% Ret 3Y 11.26% Ret 5Y 9.32%
Equity, Flexi Cap funds Aditya Birla Sun Life Balanced Advantage Fund Regular-IDCW Payout Ret 1M -6.84% Ret 1Y 2.75% Ret 3Y 11.26% Ret 5Y 9.32%
Equity, Flexi Cap funds Aditya Birla Sun Life Dynamic Asset Allocation Omni FoF Regular-Growth Ret 1M -5.66% Ret 1Y 6.09% Ret 3Y 15.06% Ret 5Y 12.3%
Equity, Flexi Cap funds Aditya Birla Sun Life Dynamic Asset Allocation Omni FoF Regular-IDCW Half Yearly Ret 1M -5.66% Ret 1Y 6.09% Ret 3Y 15.06% Ret 5Y 12.3%
Equity, Flexi Cap funds Aditya Birla Sun Life Dynamic Asset Allocation Omni FoF Regular-IDCW Half Yearly Payout Ret 1M -5.66% Ret 1Y 6.09% Ret 3Y 15.06% Ret 5Y 12.3%
Equity, Flexi Cap funds Axis Balanced Advantage Fund Regular-Growth Ret 1M -6.62% Ret 1Y 0.49% Ret 3Y 12.96% Ret 5Y 9.6%
Equity, Flexi Cap funds Axis Balanced Advantage Fund Regular-IDCW Payout Ret 1M -6.62% Ret 1Y 0.49% Ret 3Y 12.96% Ret 5Y 9.6%
Equity, Flexi Cap funds Axis Balanced Advantage Fund Regular-IDCW Reinvestment Ret 1M -6.62% Ret 1Y 0.49% Ret 3Y 12.96% Ret 5Y 9.6%
Equity, Flexi Cap funds Axis Retirement Fund - Dynamic Plan Regular-Growth Ret 1M -10.41% Ret 1Y -5.16% Ret 3Y 11.67% Ret 5Y 7.63%
Equity, Flexi Cap funds Axis Retirement Fund - Dynamic Plan Regular-IDCW Ret 1M -10.41% Ret 1Y -5.16% Ret 3Y 11.67% Ret 5Y 7.63%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 0.74%
Exit Load 0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Nirman S. Morakhia
Education Mr. Morakhia has done BMS and MBA - Financial Markets
Experience Prior to joining HDFC Mutual Fund, he has worked with Mirae Asset Global Investment Management India Pvt. Ltd.
Dhruv Muchhal
Education Mr. Dhruv has done B.Com, CA and CFA
Experience Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Nandita Menezes
Education CA (ICAI, INDIA), B.Com (University of Mumbai)
Experience Prior to joining HDFC AMC, she was associated with S.V. Ghatalia & Associates LLP.
Anil Bamboli
Education Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.
Experience Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
Gopal Agrawal
Education Mr.Agrawal is a B.E and MBM.
Experience Prior to joining HDFC Mutual Fund he has worked with DSP Mutual Fund, Tata AMC, Mirae Asset Mutual Fund ,SBI Mutual Fund, Kotak Securities, HDFC Securities, IDBI Capital, UTI Securities and IPCL.
Srinivasan Ramamurthy
Education Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM - Calcutta.
Experience Prior to joining HDFC Asset Management Company Limited, he has worked with Mahindra Mutual Fund, IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.
Arun Agarwal
Education Mr. Agarwal is a B.Com. and Chartered Accountant
Experience Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at very high risk
AMC and Fund details
Rank (total sets) 29
Date of Incorporation 2013-01-01
Total AUM 952319.77
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
HDFC Balanced Advantage Fund Direct-Growth FAQs
How to invest in HDFC Balanced Advantage Fund Direct-Growth?
Investing in HDFC Balanced Advantage Fund Direct-Growth through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for HDFC Balanced Advantage Fund Direct-Growth in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of HDFC Balanced Advantage Fund Direct-Growth?
The term expense ratio for HDFC Balanced Advantage Fund Direct-Growth or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of HDFC Balanced Advantage Fund Direct-Growth is 0.74% as of 24 Mar 2026.
What is the NAV of HDFC Balanced Advantage Fund Direct-Growth?
The NAV of HDFC Balanced Advantage Fund Direct-Growth is ₹529.208 as of 24 Mar 2026.
What is the AUM of HDFC Balanced Advantage Fund Direct-Growth?
The AUM (Assets Under Management) of HDFC Balanced Advantage Fund Direct-Growth is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of HDFC Balanced Advantage Fund Direct-Growth is ₹107589.67 Cr as of 24 Mar 2026.
What is the PE and PB ratio of HDFC Balanced Advantage Fund Direct-Growth?
The PE ratio of HDFC Balanced Advantage Fund Direct-Growth shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in HDFC Balanced Advantage Fund Direct-Growth?
Yes, you can invest in HDFC Balanced Advantage Fund Direct-Growth through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of HDFC Balanced Advantage Fund Direct-Growth in the last 5 years?
The return of HDFC Balanced Advantage Fund Direct-Growth in the last 5 years is 16.54%.
What is the minimum SIP investment required in HDFC Balanced Advantage Fund Direct-Growth?
The minimum SIP investment in HDFC Balanced Advantage Fund Direct-Growth depends on the fund's scheme rules and usually starts at a small amount. For HDFC Balanced Advantage Fund Direct-Growth, the minimum SIP amount is ₹100.0.
What is the current NAV of HDFC Balanced Advantage Fund Direct-Growth?
The NAV of HDFC Balanced Advantage Fund Direct-Growth, as of 24 Mar 2026, is ₹529.208.
Who manages the HDFC Balanced Advantage Fund Direct-Growth?
The fund managers responsible for HDFC Balanced Advantage Fund Direct-Growth are:
- Nirman S. Morakhia
- Dhruv Muchhal
- Nandita Menezes
- Anil Bamboli
- Gopal Agrawal
- Srinivasan Ramamurthy
- Arun Agarwal