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Top 4 Best Performing Balanced Mutual Funds by HDFC MF 2024

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4 Best Performing Balanced Funds by HDFC MF 2024

Updated on April 12, 2024 , 6242 views

HDFC Mutual Fund being one of the top fund houses in India, the Balanced Fund provided by the AMC are one of the most demanded by the investors. Balanced funds, also known as hybrid funds, invest money in both debt and equity instruments.

Balanced funds provided by the AMC master in balancing the Portfolio by building long-term wealth via equity and regular returns through Debt fund. Many investors who are new to Mutual Funds prefer Investing first in balanced funds, as they give a taste of other two Mutual Funds.

Thus, investors wanting to invest in one of the top fund house, can choose these top performing balanced funds by HDFC Mutual Fund. These funds have been shortlisted based on certain criteria like AUM, past performances, etc.

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HDFC

Why Invest in HDFC Mutual Fund?

  • Excellent Ratings: Many of the company schemes have a CRISIL rating of three and above.

  • Variety of Options: Investing in HDFC Mutual Fund comes with a broad Range of choices.

  • Catering to the Need of Investor: The company has products which will suit every type of investor. Funds range from short-term to long-term and even open-ended to closed-ended funds. The company makes sure the investor gets what they need. It also offers products with low, medium, and high risk.

Best HDFC Balanced Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
HDFC Balanced Advantage Fund Growth ₹458.892
↓ -2.57
₹78,75961939.426.318.131.3
HDFC Equity Savings Fund Growth ₹60.223
↓ -0.24
₹3,9003.41018.512.610.413.8
HDFC Hybrid Debt Fund Growth ₹74.422
↓ -0.23
₹3,0933.28.616.411.510.213.9
HDFC Multi-Asset Fund Growth ₹62.467
↓ -0.18
₹2,5275.314.123.115.214.118
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 12 Apr 24

1. HDFC Balanced Advantage Fund

(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.

HDFC Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 11 Sep 00. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 18.5% since its launch.  Ranked 23 in Dynamic Allocation category.  Return for 2023 was 31.3% , 2022 was 18.8% and 2021 was 26.4% .

Below is the key information for HDFC Balanced Advantage Fund

HDFC Balanced Advantage Fund
Growth
Launch Date 11 Sep 00
NAV (12 Apr 24) ₹458.892 ↓ -2.57   (-0.56 %)
Net Assets (Cr) ₹78,759 on 29 Feb 24
Category Hybrid - Dynamic Allocation
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.61
Sharpe Ratio 3.45
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.

DateValue
31 Mar 19₹10,000
31 Mar 20₹7,472
31 Mar 21₹11,728
31 Mar 22₹14,196
31 Mar 23₹16,080
31 Mar 24₹22,455

HDFC Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
Invest Now

Returns for HDFC Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 1.5%
3 Month 6%
6 Month 19%
1 Year 39.4%
3 Year 26.3%
5 Year 18.1%
10 Year
15 Year
Since launch 18.5%
Historical performance (Yearly) on absolute basis
YearReturns
2023 31.3%
2022 18.8%
2021 26.4%
2020 7.6%
2019 6.9%
2018 -3.1%
2017 27.9%
2016 9.4%
2015 0.3%
2014 51.8%
Fund Manager information for HDFC Balanced Advantage Fund
NameSinceTenure
Anil Bamboli29 Jul 221.68 Yr.
Gopal Agrawal29 Jul 221.68 Yr.
Arun Agarwal6 Oct 221.49 Yr.
Srinivasan Ramamurthy29 Jul 221.68 Yr.
Nirman Morakhia15 Feb 231.13 Yr.
Dhruv Muchhal22 Jun 230.78 Yr.

Data below for HDFC Balanced Advantage Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash15.85%
Equity58.48%
Debt25.67%
Equity Sector Allocation
SectorValue
Financial Services23.42%
Industrials10.46%
Energy8.97%
Utility6.3%
Technology4.01%
Consumer Cyclical4%
Health Care3.78%
Consumer Defensive2.34%
Basic Materials1.82%
Communication Services1.69%
Real Estate1.43%
Debt Sector Allocation
SectorValue
Government17.95%
Cash Equivalent15.28%
Corporate8.29%
Credit Quality
RatingValue
AA1.29%
AAA97.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK
6%₹4,463 Cr31,804,751
Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA
4%₹3,218 Cr73,700,000
↓ -2,000,000
State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN
4%₹3,024 Cr40,426,000
↓ -666,271
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹2,750 Cr272,581,800
NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 532555
3%₹2,691 Cr80,175,943
↓ -3,598,464
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
3%₹2,690 Cr25,564,524
Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY
3%₹2,003 Cr11,967,098
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
2%₹1,949 Cr6,672,683
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT
2%₹1,932 Cr5,556,183
Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | 532810
2%₹1,752 Cr43,712,162

2. HDFC Equity Savings Fund

The investment objective of the scheme is to provide capital appreciation and income distribution to the investors using arbitrage opportunities, investment in equity / equity related instruments and debt / money market instruments.

HDFC Equity Savings Fund is a Hybrid - Equity Savings fund was launched on 17 Sep 04. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 9.6% since its launch.  Ranked 12 in Equity Savings category.  Return for 2023 was 13.8% , 2022 was 6% and 2021 was 16.8% .

Below is the key information for HDFC Equity Savings Fund

HDFC Equity Savings Fund
Growth
Launch Date 17 Sep 04
NAV (12 Apr 24) ₹60.223 ↓ -0.24   (-0.40 %)
Net Assets (Cr) ₹3,900 on 29 Feb 24
Category Hybrid - Equity Savings
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.09
Sharpe Ratio 2.64
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.

DateValue
31 Mar 19₹10,000
31 Mar 20₹8,960
31 Mar 21₹11,609
31 Mar 22₹13,121
31 Mar 23₹13,690
31 Mar 24₹16,249

HDFC Equity Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for HDFC Equity Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 0.9%
3 Month 3.4%
6 Month 10%
1 Year 18.5%
3 Year 12.6%
5 Year 10.4%
10 Year
15 Year
Since launch 9.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 13.8%
2022 6%
2021 16.8%
2020 8.8%
2019 5.8%
2018 0.9%
2017 16.5%
2016 14.1%
2015 2%
2014 15.7%
Fund Manager information for HDFC Equity Savings Fund
NameSinceTenure
Anil Bamboli17 Sep 0419.55 Yr.
Arun Agarwal17 Sep 0419.55 Yr.
Srinivasan Ramamurthy14 Dec 212.3 Yr.
Nirman Morakhia15 Feb 231.12 Yr.
Dhruv Muchhal22 Jun 230.78 Yr.

Data below for HDFC Equity Savings Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash41.8%
Equity33.03%
Debt25.18%
Equity Sector Allocation
SectorValue
Financial Services21.85%
Consumer Cyclical11%
Industrials8.83%
Health Care5.4%
Basic Materials4.43%
Energy3.34%
Consumer Defensive3.03%
Technology3%
Utility2.9%
Communication Services1.69%
Debt Sector Allocation
SectorValue
Cash Equivalent41.8%
Government12.53%
Corporate10.85%
Securitized1.8%
Credit Quality
RatingValue
AA21.69%
AAA78.31%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFCBANK
8%₹315 Cr2,243,450
Future on HDFC Bank Ltd
Derivatives | -
6%-₹239 Cr
State Bank of India (Financial Services)
Equity, Since 30 Sep 12 | SBIN
5%₹196 Cr2,613,500
Future on Titan Co Ltd
Derivatives | -
4%-₹143 Cr
Titan Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 17 | TITAN
4%₹142 Cr391,125
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
3%₹119 Cr1,134,300
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | MARUTI
3%₹119 Cr105,400
Future on State Bank of India
Derivatives | -
3%-₹114 Cr
7.1% Govt Stock 2029
Sovereign Bonds | -
3%₹110 Cr11,000,000
Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -
3%-₹105 Cr

3. HDFC Hybrid Debt Fund

(Erstwhile HDFC MF Monthly Income Plan - LTP)

The primary objective of Scheme is to generate regular returns through investment primarily in Debt and Money Market Instruments. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme`s assets in equity and equity related instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved.

HDFC Hybrid Debt Fund is a Hybrid - Hybrid Debt fund was launched on 26 Dec 03. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.4% since its launch.  Ranked 16 in Hybrid Debt category.  Return for 2023 was 13.9% , 2022 was 6% and 2021 was 13.4% .

Below is the key information for HDFC Hybrid Debt Fund

HDFC Hybrid Debt Fund
Growth
Launch Date 26 Dec 03
NAV (12 Apr 24) ₹74.422 ↓ -0.23   (-0.31 %)
Net Assets (Cr) ₹3,093 on 29 Feb 24
Category Hybrid - Hybrid Debt
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.83
Sharpe Ratio 2.94
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.

DateValue
31 Mar 19₹10,000
31 Mar 20₹9,671
31 Mar 21₹11,763
31 Mar 22₹13,051
31 Mar 23₹13,813
31 Mar 24₹16,179

HDFC Hybrid Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for HDFC Hybrid Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 0.3%
3 Month 3.2%
6 Month 8.6%
1 Year 16.4%
3 Year 11.5%
5 Year 10.2%
10 Year
15 Year
Since launch 10.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 13.9%
2022 6%
2021 13.4%
2020 10.2%
2019 6.6%
2018 0.6%
2017 10.8%
2016 13%
2015 3.8%
2014 24.9%
Fund Manager information for HDFC Hybrid Debt Fund
NameSinceTenure
Shobhit Mehrotra1 Sep 0716.59 Yr.
Srinivasan Ramamurthy14 Dec 212.3 Yr.
Dhruv Muchhal22 Jun 230.78 Yr.

Data below for HDFC Hybrid Debt Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash5.37%
Equity22.76%
Debt71.62%
Other0.25%
Equity Sector Allocation
SectorValue
Financial Services7.52%
Industrials2.87%
Energy2.68%
Technology2.51%
Health Care2.23%
Utility1.63%
Consumer Cyclical1.59%
Communication Services0.99%
Consumer Defensive0.75%
Debt Sector Allocation
SectorValue
Government38.7%
Corporate32.28%
Cash Equivalent5.37%
Securitized0.64%
Credit Quality
RatingValue
AA8.66%
AAA91.34%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Sikka Ports & Terminals Limited
Debentures | -
3%₹100 Cr1,000
HDFC Bank Limited
Debentures | -
2%₹75 Cr7,500
Tata Capital Financial Services Limited
Debentures | -
2%₹75 Cr7,500
6.68% Govt Stock 2031
Sovereign Bonds | -
2%₹73 Cr7,500,000
7.18% Govt Stock 2037
Sovereign Bonds | -
2%₹70 Cr7,000,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
2%₹64 Cr590,000
7.38% Govt Stock 2027
Sovereign Bonds | -
2%₹52 Cr5,150,000
National Highways Authority Of India
Debentures | -
2%₹52 Cr500
Indian Railway Finance Corporation Limited
Debentures | -
2%₹52 Cr500
HDFC Bank Limited
Debentures | -
2%₹51 Cr5,000

4. HDFC Multi-Asset Fund

(Erstwhile HDFC Multiple Yield Fund - Plan 2005)

To generate positive returns over medium time frame with low risk of capital loss over medium time frame. However, there can be no assurance that the investment objective of the Scheme will be achieved

HDFC Multi-Asset Fund is a Hybrid - Multi Asset fund was launched on 17 Aug 05. It is a fund with Moderate risk and has given a CAGR/Annualized return of 10.3% since its launch.  Ranked 33 in Multi Asset category.  Return for 2023 was 18% , 2022 was 4.3% and 2021 was 17.9% .

Below is the key information for HDFC Multi-Asset Fund

HDFC Multi-Asset Fund
Growth
Launch Date 17 Aug 05
NAV (12 Apr 24) ₹62.467 ↓ -0.18   (-0.28 %)
Net Assets (Cr) ₹2,527 on 29 Feb 24
Category Hybrid - Multi Asset
AMC HDFC Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 2.1
Sharpe Ratio 2.85
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load 0-15 Months (1%),15 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹8,487
31 Mar 21₹12,716
31 Mar 22₹14,707
31 Mar 23₹15,489
31 Mar 24₹18,983

HDFC Multi-Asset Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for HDFC Multi-Asset Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 2.1%
3 Month 5.3%
6 Month 14.1%
1 Year 23.1%
3 Year 15.2%
5 Year 14.1%
10 Year
15 Year
Since launch 10.3%
Historical performance (Yearly) on absolute basis
YearReturns
2023 18%
2022 4.3%
2021 17.9%
2020 20.9%
2019 9.3%
2018 -1.9%
2017 11.8%
2016 8.9%
2015 4.7%
2014 20.4%
Fund Manager information for HDFC Multi-Asset Fund
NameSinceTenure
Anil Bamboli17 Aug 0518.64 Yr.
Arun Agarwal24 Aug 203.61 Yr.
Srinivasan Ramamurthy13 Jan 222.22 Yr.
Bhagyesh Kagalkar2 Feb 222.16 Yr.
Nirman Morakhia15 Feb 231.13 Yr.
Dhruv Muchhal22 Jun 230.78 Yr.

Data below for HDFC Multi-Asset Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash22.42%
Equity50.71%
Debt16.39%
Other10.47%
Equity Sector Allocation
SectorValue
Financial Services21.84%
Consumer Cyclical7.71%
Industrials6.81%
Basic Materials6.28%
Technology6.19%
Health Care5.28%
Consumer Defensive3.95%
Energy3.3%
Communication Services2%
Utility1.93%
Real Estate1.3%
Debt Sector Allocation
SectorValue
Cash Equivalent22.42%
Government9.03%
Corporate5.88%
Securitized1.48%
Credit Quality
RatingValue
AA9.31%
AAA90.69%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Gold ETF
- | -
11%₹269 Cr49,740,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 18 | HDFCBANK
6%₹157 Cr1,116,800
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | 532215
4%₹113 Cr1,053,750
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | ICICIBANK
4%₹95 Cr900,000
State Bank of India (Financial Services)
Equity, Since 31 Aug 21 | SBIN
3%₹84 Cr1,118,000
Future on Axis Bank Ltd
Derivatives | -
3%-₹73 Cr
Future on Titan Co Ltd
Derivatives | -
2%-₹58 Cr
Titan Co Ltd (Consumer Cyclical)
Equity, Since 30 Nov 20 | TITAN
2%₹57 Cr157,500
Future on HDFC Bank Ltd
Derivatives | -
2%-₹55 Cr
7.18% Govt Stock 2033
Sovereign Bonds | -
2%₹54 Cr5,400,000
↑ 2,500,000

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Disclaimer:
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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