+91-22-489139094 Best Performing Balanced Funds by HDFC MF 2026
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 funds. 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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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.
Fund Selection Methodology used to find 4 funds
Best HDFC Balanced Mutual Funds
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) HDFC Balanced Advantage Fund Growth ₹519.614
↓ -4.63 ₹108,205 -2 -0.4 6.6 16.5 18.5 7.2 HDFC Equity Savings Fund Growth ₹67.05
↓ -0.22 ₹5,897 -0.2 1.5 6.5 9.6 10.1 6.8 HDFC Hybrid Debt Fund Growth ₹82.6368
↓ -0.18 ₹3,354 -0.7 0 4.8 9.3 9.4 5.5 HDFC Multi-Asset Fund Growth ₹75.5
↓ -0.19 ₹5,460 1.1 5 13.8 14.5 13.1 13.2 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 4 Funds showcased
Commentary HDFC Balanced Advantage Fund HDFC Equity Savings Fund HDFC Hybrid Debt Fund HDFC Multi-Asset Fund Point 1 Highest AUM (₹108,205 Cr). Upper mid AUM (₹5,897 Cr). Bottom quartile AUM (₹3,354 Cr). Lower mid AUM (₹5,460 Cr). Point 2 Oldest track record among peers (25 yrs). Established history (21+ yrs). Established history (22+ yrs). Established history (20+ yrs). Point 3 Top rated. Rating: 4★ (upper mid). Rating: 4★ (lower mid). Rating: 3★ (bottom quartile). Point 4 Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderate. Point 5 5Y return: 18.54% (top quartile). 5Y return: 10.08% (lower mid). 5Y return: 9.39% (bottom quartile). 5Y return: 13.13% (upper mid). Point 6 3Y return: 16.50% (top quartile). 3Y return: 9.64% (lower mid). 3Y return: 9.29% (bottom quartile). 3Y return: 14.47% (upper mid). Point 7 1Y return: 6.55% (upper mid). 1Y return: 6.49% (lower mid). 1Y return: 4.84% (bottom quartile). 1Y return: 13.77% (top quartile). Point 8 1M return: -2.84% (bottom quartile). 1M return: -1.08% (lower mid). 1M return: -0.72% (upper mid). 1M return: -0.51% (top quartile). Point 9 Alpha: 0.00 (top quartile). Alpha: 0.00 (upper mid). Alpha: 0.00 (lower mid). Alpha: 0.00 (bottom quartile). Point 10 Sharpe: 0.16 (lower mid). Sharpe: 0.17 (upper mid). Sharpe: -0.09 (bottom quartile). Sharpe: 1.10 (top quartile). HDFC Balanced Advantage Fund
HDFC Equity Savings Fund
HDFC Hybrid Debt Fund
HDFC Multi-Asset 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. Below is the key information for HDFC Balanced Advantage Fund Returns up to 1 year are on 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. Research Highlights for HDFC Equity Savings Fund Below is the key information for HDFC Equity Savings Fund Returns up to 1 year are on (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. Research Highlights for HDFC Hybrid Debt Fund Below is the key information for HDFC Hybrid Debt Fund Returns up to 1 year are on (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 Research Highlights for HDFC Multi-Asset Fund Below is the key information for HDFC Multi-Asset Fund Returns up to 1 year are on 1. HDFC Balanced Advantage Fund
HDFC Balanced Advantage Fund
Growth Launch Date 11 Sep 00 NAV (23 Jan 26) ₹519.614 ↓ -4.63 (-0.88 %) 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 31 Dec 20 ₹10,000 31 Dec 21 ₹12,636 31 Dec 22 ₹15,009 31 Dec 23 ₹19,706 31 Dec 24 ₹22,998 31 Dec 25 ₹24,663 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 -2.8% 3 Month -2% 6 Month -0.4% 1 Year 6.6% 3 Year 16.5% 5 Year 18.5% 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 Anil Bamboli 29 Jul 22 3.43 Yr. Gopal Agrawal 29 Jul 22 3.43 Yr. Arun Agarwal 6 Oct 22 3.24 Yr. Srinivasan Ramamurthy 29 Jul 22 3.43 Yr. Dhruv Muchhal 22 Jun 23 2.53 Yr. Nandita Menezes 29 Mar 25 0.76 Yr. Data below for HDFC Balanced Advantage Fund as on 31 Dec 25
Asset Allocation
Asset Class Value Cash 6.55% Equity 67.51% Debt 25.94% Equity Sector Allocation
Sector Value Financial Services 23.72% Industrials 8.05% Energy 7.8% Consumer Cyclical 6.99% Technology 6.48% Health Care 4.22% Utility 3.94% Communication Services 3.63% Consumer Defensive 2.5% Basic Materials 2.21% Real Estate 1.83% Debt Sector Allocation
Sector Value Corporate 12.87% Government 12.84% Cash Equivalent 6.77% Credit Quality
Rating Value AA 0.88% AAA 97.59% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK5% ₹5,730 Cr 57,808,702
↑ 2,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | 5321744% ₹4,668 Cr 34,763,763 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE4% ₹4,393 Cr 27,972,742
↑ 67,108 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 20 | BHARTIARTL3% ₹3,528 Cr 16,754,354 State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN3% ₹3,438 Cr 35,000,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT2% ₹2,687 Cr 6,579,083 Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY2% ₹2,628 Cr 16,266,004
↓ -497,799 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 17 | 5322152% ₹2,517 Cr 19,827,457 7.18% Govt Stock 2033
Sovereign Bonds | -2% ₹2,255 Cr 218,533,300 NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 5325552% ₹2,206 Cr 66,937,415
↓ -1,648,500 2. HDFC Equity Savings Fund
HDFC Equity Savings Fund
Growth Launch Date 17 Sep 04 NAV (23 Jan 26) ₹67.05 ↓ -0.22 (-0.33 %) Net Assets (Cr) ₹5,897 on 31 Dec 25 Category Hybrid - Equity Savings AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.9 Sharpe Ratio 0.17 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 31 Dec 20 ₹10,000 31 Dec 21 ₹11,678 31 Dec 22 ₹12,384 31 Dec 23 ₹14,090 31 Dec 24 ₹15,538 31 Dec 25 ₹16,596 Returns for HDFC Equity Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jan 26 Duration Returns 1 Month -1.1% 3 Month -0.2% 6 Month 1.5% 1 Year 6.5% 3 Year 9.6% 5 Year 10.1% 10 Year 15 Year Since launch 9.3% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.8% 2023 10.3% 2022 13.8% 2021 6% 2020 16.8% 2019 8.8% 2018 5.8% 2017 0.9% 2016 16.5% 2015 14.1% Fund Manager information for HDFC Equity Savings Fund
Name Since Tenure Anil Bamboli 17 Sep 04 21.3 Yr. Arun Agarwal 17 Sep 04 21.3 Yr. Srinivasan Ramamurthy 14 Dec 21 4.05 Yr. Dhruv Muchhal 22 Jun 23 2.53 Yr. Nandita Menezes 29 Mar 25 0.76 Yr. Data below for HDFC Equity Savings Fund as on 31 Dec 25
Asset Allocation
Asset Class Value Cash 39.77% Equity 39.23% Debt 21% Equity Sector Allocation
Sector Value Financial Services 23.63% Consumer Cyclical 9.6% Energy 8.31% Industrials 7.02% Health Care 5.56% Technology 4.1% Basic Materials 3.71% Utility 2.35% Communication Services 2.32% Consumer Defensive 2.03% Real Estate 1.45% Debt Sector Allocation
Sector Value Cash Equivalent 39.77% Corporate 10.71% Government 10.29% Credit Quality
Rating Value AA 11.42% AAA 88.58% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFCBANK9% ₹514 Cr 5,186,900 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE6% ₹375 Cr 2,388,500 Hdfc Bank Ltd.
Derivatives | SHORT6% -₹328 Cr 3,287,900 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | 5321745% ₹321 Cr 2,389,000 Reliance Industries Ltd.
Derivatives | SHORT4% -₹259 Cr 1,638,500 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 15 | LT4% ₹219 Cr 535,325 Titan Company Ltd.
Derivatives | SHORT3% -₹195 Cr 479,325 Titan Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 17 | TITAN3% ₹194 Cr 479,325 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Jun 16 | SUNPHARMA3% ₹192 Cr 1,118,350 State Bank of India (Financial Services)
Equity, Since 30 Sep 12 | SBIN3% ₹172 Cr 1,756,250 3. HDFC Hybrid Debt Fund
HDFC Hybrid Debt Fund
Growth Launch Date 26 Dec 03 NAV (23 Jan 26) ₹82.6368 ↓ -0.18 (-0.22 %) Net Assets (Cr) ₹3,354 on 31 Dec 25 Category Hybrid - Hybrid Debt AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.76 Sharpe Ratio -0.09 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 31 Dec 20 ₹10,000 31 Dec 21 ₹11,336 31 Dec 22 ₹12,016 31 Dec 23 ₹13,688 31 Dec 24 ₹15,121 31 Dec 25 ₹15,958 Returns for HDFC Hybrid 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 -0.7% 3 Month -0.7% 6 Month 0% 1 Year 4.8% 3 Year 9.3% 5 Year 9.4% 10 Year 15 Year Since launch 10% Historical performance (Yearly) on absolute basis
Year Returns 2024 5.5% 2023 10.5% 2022 13.9% 2021 6% 2020 13.4% 2019 10.2% 2018 6.6% 2017 0.6% 2016 10.8% 2015 13% Fund Manager information for HDFC Hybrid Debt Fund
Name Since Tenure Shobhit Mehrotra 1 Sep 07 18.35 Yr. Srinivasan Ramamurthy 14 Dec 21 4.05 Yr. Dhruv Muchhal 22 Jun 23 2.53 Yr. Data below for HDFC Hybrid Debt Fund as on 31 Dec 25
Asset Allocation
Asset Class Value Cash 2.75% Equity 21.1% Debt 75.86% Other 0.29% Equity Sector Allocation
Sector Value Financial Services 8.6% Energy 2.47% Technology 1.98% Health Care 1.8% Industrials 1.62% Utility 1.27% Communication Services 1% Consumer Cyclical 0.94% Real Estate 0.65% Consumer Defensive 0.6% Basic Materials 0.17% Debt Sector Allocation
Sector Value Government 52.28% Corporate 23.58% Cash Equivalent 2.75% Credit Quality
Rating Value AA 4.05% AAA 95.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.34% Govt Stock 2064
Sovereign Bonds | -4% ₹140 Cr 14,000,000 7.09% Govt Stock 2054
Sovereign Bonds | -3% ₹112 Cr 11,500,000 7.23% Govt Stock 2039
Sovereign Bonds | -3% ₹102 Cr 10,000,000 6.54% Govt Stock 2034
Sovereign Bonds | -3% ₹102 Cr 10,000,000 7.3% Govt Stock 2053
Sovereign Bonds | -3% ₹85 Cr 8,500,000 Indian Railway Finance Corporation Limited
Debentures | -2% ₹83 Cr 800 7.18% Govt Stock 2037
Sovereign Bonds | -2% ₹72 Cr 7,000,000 6.79% Govt Stock 2034
Sovereign Bonds | -2% ₹71 Cr 7,000,000 HDFC Bank Ltd (Financial Services)
Equity, Since 15 Dec 21 | HDFCBANK2% ₹69 Cr 700,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | 5321742% ₹67 Cr 500,000 4. HDFC Multi-Asset Fund
HDFC Multi-Asset Fund
Growth Launch Date 17 Aug 05 NAV (23 Jan 26) ₹75.5 ↓ -0.19 (-0.24 %) Net Assets (Cr) ₹5,460 on 31 Dec 25 Category Hybrid - Multi Asset AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.85 Sharpe Ratio 1.1 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.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹11,791 31 Dec 22 ₹12,303 31 Dec 23 ₹14,514 31 Dec 24 ₹16,472 31 Dec 25 ₹18,648 Returns for HDFC 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 -0.5% 3 Month 1.1% 6 Month 5% 1 Year 13.8% 3 Year 14.5% 5 Year 13.1% 10 Year 15 Year Since launch 10.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 13.2% 2023 13.5% 2022 18% 2021 4.3% 2020 17.9% 2019 20.9% 2018 9.3% 2017 -1.9% 2016 11.8% 2015 8.9% Fund Manager information for HDFC Multi-Asset Fund
Name Since Tenure Anil Bamboli 17 Aug 05 20.39 Yr. Arun Agarwal 24 Aug 20 5.36 Yr. Srinivasan Ramamurthy 13 Jan 22 3.97 Yr. Bhagyesh Kagalkar 2 Feb 22 3.91 Yr. Dhruv Muchhal 22 Jun 23 2.53 Yr. Nandita Menezes 29 Mar 25 0.76 Yr. Data below for HDFC Multi-Asset Fund as on 31 Dec 25
Asset Allocation
Asset Class Value Cash 26.15% Equity 51.35% Debt 10.6% Other 11.9% Equity Sector Allocation
Sector Value Financial Services 22.65% Consumer Cyclical 9.13% Energy 6.75% Health Care 5.88% Technology 5.78% Industrials 4.67% Communication Services 3.21% Consumer Defensive 3.19% Basic Materials 3.08% Utility 2.12% Real Estate 1.94% Debt Sector Allocation
Sector Value Cash Equivalent 25.25% Government 6.02% Corporate 5.49% Credit Quality
Rating Value AA 15.3% AAA 84.7% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Gold ETF
- | -12% ₹659 Cr 57,946,747 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE6% ₹317 Cr 2,016,500 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 5321745% ₹299 Cr 2,225,700 HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 18 | HDFCBANK5% ₹262 Cr 2,641,200 Reliance Industries Ltd.
Derivatives | SHORT4% -₹200 Cr 1,266,500
↑ 1,266,500 State Bank of India (Financial Services)
Equity, Since 31 Aug 21 | SBIN3% ₹155 Cr 1,575,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Jun 18 | BHARTIARTL3% ₹154 Cr 731,925 Icici Bank Ltd.
Derivatives | SHORT3% -₹149 Cr 1,099,700
↑ 1,099,700 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | MARUTI2% ₹107 Cr 63,800
↑ 14,539 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | 5322152% ₹102 Cr 800,000
↑ 50,000
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Research Highlights for HDFC Balanced Advantage Fund