+91-22-48913909Best Performing Balanced Mutual Funds In Last 5 Years 2025
Top Balanced Fund are Mutual Funds that invest more than 65% of their assets in equities and the remaining assets in debt instruments to yield good overall returns. Balanced Mutual Funds are beneficial for investors who are willing to take a Market risk while looking for some fixed returns as well. The assets invested in equities and stocks offer market-linked returns while the assets invested in debt instruments offer fixed returns. Being a combination of both Equity and Debt, investors should be very careful when Investing in these funds.
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Top 6 Balanced Mutual Funds by 5 Year Returns
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) ICICI Prudential Multi-Asset Fund Growth ₹808.744
↓ -2.93 ₹78,179 1 6 15.7 18.8 21.1 18.6 ICICI Prudential Equity and Debt Fund Growth ₹399.73
↑ 1.83 ₹49,641 -2.6 2.5 13.1 18.6 21 13.3 HDFC Balanced Advantage Fund Growth ₹521.419
↑ 1.81 ₹108,205 -2 1 8.5 17.6 19 7.2 BOI AXA Mid and Small Cap Equity and Debt Fund Growth ₹36.74
↑ 0.21 ₹1,349 -3.8 -3.5 5.1 17.6 18.5 -0.9 JM Equity Hybrid Fund Growth ₹115.839
↑ 0.63 ₹785 -6.3 -3.9 2.5 17.9 16.3 -3.1 UTI Hybrid Equity Fund Growth ₹408.426
↑ 1.50 ₹6,758 -0.8 1.1 8.4 16.2 16.1 6.4 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Jan 26 Research Highlights & Commentary of 6 Funds showcased
Commentary ICICI Prudential Multi-Asset Fund ICICI Prudential Equity and Debt Fund HDFC Balanced Advantage Fund BOI AXA Mid and Small Cap Equity and Debt Fund JM Equity Hybrid Fund UTI Hybrid Equity Fund Point 1 Upper mid AUM (₹78,179 Cr). Upper mid AUM (₹49,641 Cr). Highest AUM (₹108,205 Cr). Bottom quartile AUM (₹1,349 Cr). Bottom quartile AUM (₹785 Cr). Lower mid AUM (₹6,758 Cr). Point 2 Established history (23+ yrs). Established history (26+ yrs). Established history (25+ yrs). Established history (9+ yrs). Established history (30+ yrs). Oldest track record among peers (31 yrs). Point 3 Rating: 2★ (lower mid). Top rated. Rating: 4★ (upper mid). Not Rated. Rating: 1★ (bottom quartile). Rating: 3★ (upper mid). Point 4 Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 5Y return: 21.14% (top quartile). 5Y return: 20.97% (upper mid). 5Y return: 19.02% (upper mid). 5Y return: 18.48% (lower mid). 5Y return: 16.29% (bottom quartile). 5Y return: 16.13% (bottom quartile). Point 6 3Y return: 18.81% (top quartile). 3Y return: 18.62% (upper mid). 3Y return: 17.57% (bottom quartile). 3Y return: 17.62% (lower mid). 3Y return: 17.87% (upper mid). 3Y return: 16.24% (bottom quartile). Point 7 1Y return: 15.68% (top quartile). 1Y return: 13.12% (upper mid). 1Y return: 8.50% (upper mid). 1Y return: 5.12% (bottom quartile). 1Y return: 2.50% (bottom quartile). 1Y return: 8.42% (lower mid). Point 8 1M return: -1.41% (top quartile). 1M return: -2.41% (upper mid). 1M return: -2.27% (upper mid). 1M return: -3.70% (bottom quartile). 1M return: -3.47% (bottom quartile). 1M return: -2.44% (lower mid). Point 9 Alpha: 0.00 (upper mid). Alpha: 4.49 (top quartile). Alpha: 0.00 (upper mid). Alpha: 0.00 (lower mid). Alpha: -11.83 (bottom quartile). Alpha: -2.19 (bottom quartile). Point 10 Sharpe: 1.86 (top quartile). Sharpe: 0.83 (upper mid). Sharpe: 0.16 (upper mid). Sharpe: -0.29 (bottom quartile). Sharpe: -0.65 (bottom quartile). Sharpe: 0.08 (lower mid). ICICI Prudential Multi-Asset Fund
ICICI Prudential Equity and Debt Fund
HDFC Balanced Advantage Fund
BOI AXA Mid and Small Cap Equity and Debt Fund
JM Equity Hybrid Fund
UTI Hybrid Equity Fund
Top 6 Balanced Advantage Mutual Funds
(Erstwhile ICICI Prudential Dynamic Plan) To generate capital appreciation by actively investing in equity and equity related securities. For defensive considerations, the Scheme may invest in debt, money market instruments and derivatives. The investment manager will have the discretion to take aggressive asset calls i.e. by staying 100% invested in equity market/equity related instruments at a given point of time and 0% at another, in which case, the fund may be invested in debt related instruments at its discretion. The AMC may choose to churn the portfolio of the Scheme in order to achieve the investment objective. The Scheme is suitable for investors seeking high returns and for those who are willing to take commensurate risks. Below is the key information for ICICI Prudential Multi-Asset Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Balanced Fund) To generate long term capital appreciation and current income from a portfolio
that is invested in equity and equity related securities as well as in fixed income
securities. Research Highlights for ICICI Prudential Equity and Debt Fund Below is the key information for ICICI Prudential Equity and Debt Fund Returns up to 1 year are on (Erstwhile HDFC Growth Fund and HDFC Prudence Fund) Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. Research Highlights for HDFC Balanced Advantage Fund Below is the key information for HDFC Balanced Advantage Fund Returns up to 1 year are on (Erstwhile BOI AXA Mid Cap Equity And Debt Fund) The scheme's objective is to provide capital appreciation and income distribution to investors from a portfolio constituting of mid cap equity and equity related securities as well as fixed income securities.However there can be no assurance that the investment objectives of the Scheme will be realized Research Highlights for BOI AXA Mid and Small Cap Equity and Debt Fund Below is the key information for BOI AXA Mid and Small Cap Equity and Debt Fund Returns up to 1 year are on (Erstwhile JM Balanced Fund) To provide steady current income as well as long term growth of capital. Research Highlights for JM Equity Hybrid Fund Below is the key information for JM Equity Hybrid Fund Returns up to 1 year are on (Erstwhile UTI Balanced Fund) The scheme aims to invest in a portfolio of equity/equity related securities and fixed income securities (debt and money market securities) with a view to generating regular income together with capital appreciation. Research Highlights for UTI Hybrid Equity Fund Below is the key information for UTI Hybrid Equity Fund Returns up to 1 year are on 1. ICICI Prudential Multi-Asset Fund
ICICI Prudential Multi-Asset Fund
Growth Launch Date 31 Oct 02 NAV (23 Jan 26) ₹808.744 ↓ -2.93 (-0.36 %) Net Assets (Cr) ₹78,179 on 31 Dec 25 Category Hybrid - Multi Asset AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.47 Sharpe Ratio 1.86 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value Returns for ICICI Prudential Multi-Asset Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jan 26 Duration Returns 1 Month -1.4% 3 Month 1% 6 Month 6% 1 Year 15.7% 3 Year 18.8% 5 Year 21.1% 10 Year 15 Year Since launch 20.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 18.6% 2023 16.1% 2022 24.1% 2021 16.8% 2020 34.7% 2019 9.9% 2018 7.7% 2017 -2.2% 2016 28.2% 2015 12.5% Fund Manager information for ICICI Prudential Multi-Asset Fund
Name Since Tenure Data below for ICICI Prudential Multi-Asset Fund as on 31 Dec 25
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 2. ICICI Prudential Equity and Debt Fund
ICICI Prudential Equity and Debt Fund
Growth Launch Date 3 Nov 99 NAV (27 Jan 26) ₹399.73 ↑ 1.83 (0.46 %) Net Assets (Cr) ₹49,641 on 31 Dec 25 Category Hybrid - Hybrid Equity AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.6 Sharpe Ratio 0.83 Information Ratio 1.94 Alpha Ratio 4.49 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value Returns for ICICI Prudential Equity and Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jan 26 Duration Returns 1 Month -2.4% 3 Month -2.6% 6 Month 2.5% 1 Year 13.1% 3 Year 18.6% 5 Year 21% 10 Year 15 Year Since launch 15.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 13.3% 2023 17.2% 2022 28.2% 2021 11.7% 2020 41.7% 2019 9% 2018 9.3% 2017 -1.9% 2016 24.8% 2015 13.7% Fund Manager information for ICICI Prudential Equity and Debt Fund
Name Since Tenure Data below for ICICI Prudential Equity and Debt Fund as on 31 Dec 25
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 3. HDFC Balanced Advantage Fund
HDFC Balanced Advantage Fund
Growth Launch Date 11 Sep 00 NAV (27 Jan 26) ₹521.419 ↑ 1.81 (0.35 %) Net Assets (Cr) ₹108,205 on 31 Dec 25 Category Hybrid - Dynamic Allocation AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.36 Sharpe Ratio 0.16 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value Returns for HDFC Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jan 26 Duration Returns 1 Month -2.3% 3 Month -2% 6 Month 1% 1 Year 8.5% 3 Year 17.6% 5 Year 19% 10 Year 15 Year Since launch 17.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.2% 2023 16.7% 2022 31.3% 2021 18.8% 2020 26.4% 2019 7.6% 2018 6.9% 2017 -3.1% 2016 27.9% 2015 9.4% Fund Manager information for HDFC Balanced Advantage Fund
Name Since Tenure Data below for HDFC Balanced Advantage Fund as on 31 Dec 25
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 4. BOI AXA Mid and Small Cap Equity and Debt Fund
BOI AXA Mid and Small Cap Equity and Debt Fund
Growth Launch Date 20 Jul 16 NAV (27 Jan 26) ₹36.74 ↑ 0.21 (0.57 %) Net Assets (Cr) ₹1,349 on 31 Dec 25 Category Hybrid - Hybrid Equity AMC BOI AXA Investment Mngrs Private Ltd Rating Risk Moderately High Expense Ratio 2.27 Sharpe Ratio -0.29 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value Returns for BOI AXA Mid and Small Cap Equity and Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jan 26 Duration Returns 1 Month -3.7% 3 Month -3.8% 6 Month -3.5% 1 Year 5.1% 3 Year 17.6% 5 Year 18.5% 10 Year 15 Year Since launch 14.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 -0.9% 2023 25.8% 2022 33.7% 2021 -4.8% 2020 54.5% 2019 31.1% 2018 -4.7% 2017 -14.2% 2016 47.1% 2015 Fund Manager information for BOI AXA Mid and Small Cap Equity and Debt Fund
Name Since Tenure Data below for BOI AXA Mid and Small Cap Equity and Debt Fund as on 31 Dec 25
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 5. JM Equity Hybrid Fund
JM Equity Hybrid Fund
Growth Launch Date 1 Apr 95 NAV (27 Jan 26) ₹115.839 ↑ 0.63 (0.55 %) Net Assets (Cr) ₹785 on 31 Dec 25 Category Hybrid - Hybrid Equity AMC JM Financial Asset Management Limited Rating ☆ Risk Moderately High Expense Ratio 2.3 Sharpe Ratio -0.65 Information Ratio 0.64 Alpha Ratio -11.83 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value Returns for JM Equity Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jan 26 Duration Returns 1 Month -3.5% 3 Month -6.3% 6 Month -3.9% 1 Year 2.5% 3 Year 17.9% 5 Year 16.3% 10 Year 15 Year Since launch 12.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 -3.1% 2023 27% 2022 33.8% 2021 8.1% 2020 22.9% 2019 30.5% 2018 -8.1% 2017 1.7% 2016 18.5% 2015 3% Fund Manager information for JM Equity Hybrid Fund
Name Since Tenure Data below for JM Equity Hybrid Fund as on 31 Dec 25
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 6. UTI Hybrid Equity Fund
UTI Hybrid Equity Fund
Growth Launch Date 2 Jan 95 NAV (27 Jan 26) ₹408.426 ↑ 1.50 (0.37 %) Net Assets (Cr) ₹6,758 on 31 Dec 25 Category Hybrid - Hybrid Equity AMC UTI Asset Management Company Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.88 Sharpe Ratio 0.08 Information Ratio 1.51 Alpha Ratio -2.19 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value Returns for UTI Hybrid Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jan 26 Duration Returns 1 Month -2.4% 3 Month -0.8% 6 Month 1.1% 1 Year 8.4% 3 Year 16.2% 5 Year 16.1% 10 Year 15 Year Since launch 14.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.4% 2023 19.7% 2022 25.5% 2021 5.6% 2020 30.5% 2019 13.2% 2018 2.5% 2017 -5.6% 2016 25.7% 2015 8.8% Fund Manager information for UTI Hybrid Equity Fund
Name Since Tenure Data below for UTI Hybrid Equity Fund as on 31 Dec 25
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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Research Highlights for ICICI Prudential Multi-Asset Fund