Scheme type · Hybrid · Sept 2026

Balanced Advantage

SEBI's rule: moves between stocks and debt as markets change.

Schemes: 35
Fund houses: 34
AUMDown by 4.1% on the month before: ₹3.15 lakh Cr
In stocks: 73.4%
New this month: 0
Largest: HDFC Balanced Advantage Fund
Lead managers: 25
Median TER: 1.04%
Median 1y return: −0.6%
Beat benchmark (3y): 94.7%

HDFC Balanced Advantage Fund36.1%
ICICI Prudential Balanced Advantage Fund25.4%
SBI Balanced Advantage Fund14.3%
Kotak Balanced Advantage Fund6.0%
Aditya Birla Sun Life Balanced Advantage Fund3.5%
Other14.7%

Fig. 1.AUM by scheme, Sept 2026.

Every scheme with its figures in Sept 2026. Click a column's header to sort by it.

HDFC Balanced Advantage Fund	HDFC	Gopal Agrawal	173	1,02,534	0.78%	75.1%	−3.5%	+10.3%	+12.9%	Sep '12	Sep '26
ICICI Prudential Balanced Advantage Fund	ICICI	Sri Sharma	109	71,913	1.04%	75.0%	+0.8%	+10.2%	+9.8%	Jan '13	Sep '26
SBI Balanced Advantage Fund	SBI	Dinesh Balachandran	84	40,545	0.62%	70.6%	−0.7%	+9.2%	+9.4%	Aug '21	Sep '26
Kotak Balanced Advantage Fund	Kotak	Abhishek Bisen	149	17,061	0.82%	72.7%	−0.5%	+8.9%	+8.3%	Aug '18	Sep '26
Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla	Mohit Sharma	115	9,836	0.61%	81.8%	+3.8%	+11.2%	+9.6%	Oct '14	Sep '26
Nippon India Balanced Advantage Fund	Nippon	Sushil Budhia	84	9,532	0.89%	77.0%	+0.2%	+9.9%	+9.0%	Oct '12	Sep '26
Tata Balanced Advantage Fund	Tata	Rahul Singh	61	8,005	0.70%	69.8%	−1.7%	+7.3%	+8.0%	Jan '19	Sep '26
DSP Dynamic Asset Allocation Fund	DSP	Rohit Singhania	46	3,704	1.04%	73.0%	+1.9%	+10.0%	+8.2%	Feb '18	Sep '26
Axis Balanced Advantage Fund	Axis	Hardik Shah	109	3,654	1.07%	75.1%	−1.2%	+10.9%	+8.9%	Aug '17	Sep '26
Parag Parikh Dynamic Asset Allocation Fund	PPFAS	Rajeev Thakkar	29	2,533	0.41%	36.1%	+2.4%	–	–	Feb '24	Sep '26
WhiteOak Capital Balanced Advantage Fund	WhiteOak	Ramesh Mantri	117	2,256	0.83%	74.0%	+1.1%	+11.2%	–	Feb '23	Sep '26
Mirae Asset Balanced Advantage Fund	Mirae	Harshad Borawake	109	2,109	0.98%	66.2%	+2.1%	+9.8%	–	Aug '22	Sep '26
Sundaram Dynamic Asset Allocation Fund	Sundaram	Bharath S	62	1,596	1.13%	79.0%	−3.5%	+7.6%	+7.5%	Jan '19	Sep '26
Unifi Dynamic Asset Allocation Fund	UNIFI	Karthik Srinivas	109	1,478	–	36.1%	+8.6%	–	–	Mar '25	Sep '26
HSBC Balanced Advantage Fund	HSBC	Neelotpal Sahai	58	1,474	1.16%	72.7%	+0.4%	+9.3%	+8.1%	Oct '15	Sep '26
Union Balanced Advantage Fund	Union	Parijat Agrawal	–	1,158	1.46%	–	−1.1%	+7.8%	+7.1%	Oct '22	Aug '26
Canara Robeco Balanced Advantage Fund	Canara Robeco	Ennette Fernandes	63	1,007	1.05%	-7.3%	−3.0%	–	–	Aug '24	Sep '26
Invesco India Balanced Advantage Fund	INVESCO	Amey Sathe	46	903	0.95%	70.2%	−3.3%	+8.6%	+8.0%	Sep '12	Sep '26
quant Dynamic Asset Allocation Fund	QUANT	Sandeep Tandon	12	810	1.59%	68.2%	−2.4%	+13.0%	–	Apr '23	Sep '26
LIC MF Balanced Advantage Fund	LIC	Rahul Singh	47	653	0.91%	75.7%	−0.6%	+7.9%	–	Nov '21	Sep '26
ITI Balanced Advantage Fund	ITI	Laukik Bagwe	55	320	1.59%	74.4%	−2.5%	+8.3%	+7.1%	Mar '20	Sep '26
Helios Balanced Advantage Fund	Helios	Alok Bahl	56	265	1.32%	90.8%	−1.3%	–	–	Mar '24	Sep '26
Bank Of India Balanced Advantage Fund	BOI AXA	Alok Singh	64	174	1.39%	55.2%	+1.9%	+8.7%	+9.8%	Feb '15	Sep '26
Samco Dynamic Asset Allocation Fund	Samco	Umeshkumar Mehta	78	157	1.92%	71.3%	−2.1%	–	–	Jan '24	Sep '26
Baroda BNP Paribas Balanced Advantage Fund	BNP	Neeraj Saxena	68	–	0.93%	84.4%	–	–	–	Mar '22	Sep '26
Motilal Oswal Balanced Advantage Fund	Motilal Oswal	–	26	–	–	68.5%	–	–	–	Sep '16	Sep '26