HDFC Balanced Advantage Fund Growth is a Dynamic Asset Allocation mutual fund scheme from HDFC Asset Management Co Ltd. The fund was launched on 1 February 1994 and is managed by Arun Agarwal, Dhruv Muchhal, Gopal Agrawal, Ihab Dalwai, Anil Bamboli, and Nandita Menezes. As of 15 October 2026, the fund has an AUM of ₹1,02,533.96 Cr and its latest NAV is ₹507.11. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹100.
The fund primarily invests in Financial Services, Industrials, and Consumer Cyclical and its top holdings include ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, State Bank of India, and Bharti Airtel Ltd. The fund has delivered -3.6% returns over the last 1 year, 9.3% annualised returns over 3 years, 11.7% annualised returns over 5 years, and 17.3% annualised returns since inception.
HDFC Balanced Advantage Fund Growth may be suitable for investors looking for Dynamic Asset Allocation and who are comfortable with Very High Risk risk.






