Top 4 Best Performing Balanced Mutual Funds by HDFC MF 2025

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4 Best Performing Balanced Funds by HDFC MF 2025

Updated on March 6, 2025 , 6643 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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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

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2023 (%)
HDFC Hybrid Debt Fund Growth	₹78.3315 ↓ -0.01	₹3,293	-1.8	-0.8	5.4	10.2	10.7	10.5
HDFC Balanced Advantage Fund Growth	₹476.315 ↓ -0.15	₹94,251	-6.7	-6.2	4.3	20.6	21.2	16.7
HDFC Equity Savings Fund Growth	₹62.196 ↓ -0.01	₹5,584	-3.2	-2.6	3.7	10	11.5	10.3
HDFC Arbitrage Fund Growth	₹30.006 ↑ 0.00	₹17,654	1.7	3.3	7.2	6.5	5.3	7.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 7 Mar 25

1. 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 10.2% since its launch. Ranked 16 in Hybrid Debt category. Return for 2024 was 10.5% , 2023 was 13.9% and 2022 was 6% .

Below is the key information for HDFC Hybrid Debt Fund

HDFC Hybrid Debt Fund Growth
Launch Date	26 Dec 03
NAV (07 Mar 25)	₹78.3315 ↓ -0.01 (-0.01 %)
Net Assets (Cr)	₹3,293 on 31 Jan 25
Category	Hybrid - Hybrid Debt
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.79
Sharpe Ratio	0.54
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
29 Feb 20	₹10,000
28 Feb 21	₹11,312
28 Feb 22	₹12,505
28 Feb 23	₹13,243
29 Feb 24	₹15,584
28 Feb 25	₹16,433

HDFC Hybrid Debt Fund SIP 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 7 Mar 25

Duration	Returns
1 Month	-0.9%
3 Month	-1.8%
6 Month	-0.8%
1 Year	5.4%
3 Year	10.2%
5 Year	10.7%
10 Year
15 Year
Since launch	10.2%

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2014	3.8%

Fund Manager information for HDFC Hybrid Debt Fund

Name	Since	Tenure
Shobhit Mehrotra	1 Sep 07	17.51 Yr.
Srinivasan Ramamurthy	14 Dec 21	3.21 Yr.
Dhruv Muchhal	22 Jun 23	1.69 Yr.

Data below for HDFC Hybrid Debt Fund as on 31 Jan 25

Asset Allocation

Asset Class	Value
Cash	4.05%
Equity	19.93%
Debt	75.75%
Other	0.28%

Equity Sector Allocation

Sector	Value
Financial Services	7.8%
Technology	2.28%
Health Care	2.11%
Energy	1.83%
Industrials	1.7%
Consumer Cyclical	1.43%
Utility	1.1%
Communication Services	0.84%
Consumer Defensive	0.69%
Basic Materials	0.15%

Debt Sector Allocation

Sector	Value
Government	45.02%
Corporate	30.18%
Cash Equivalent	4.05%
Securitized	0.55%

Credit Quality

Rating	Value
AA	12.77%
AAA	87.23%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.23% Govt Stock 2039 Sovereign Bonds \| -	3%	₹103 Cr	10,000,000
7.09% Govt Stock 2054 Sovereign Bonds \| -	3%	₹100 Cr	10,000,000
7.34% Govt Stock 2064 Sovereign Bonds \| -	3%	₹93 Cr	9,000,000
7.3% Govt Stock 2053 Sovereign Bonds \| -	2%	₹77 Cr	7,500,000
HDFC Bank Limited Debentures \| -	2%	₹77 Cr	7,500
Sikka Ports & Terminals Limited Debentures \| -	2%	₹75 Cr	750
6.68% Govt Stock 2031 Sovereign Bonds \| -	2%	₹75 Cr	7,500,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	2%	₹74 Cr	590,000
7.18% Govt Stock 2037 Sovereign Bonds \| -	2%	₹72 Cr	7,000,000
HDFC Bank Ltd (Financial Services) Equity, Since 15 Dec 21 \| HDFCBANK	2%	₹59 Cr	350,000

2. 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 18.1% since its launch. Ranked 23 in Dynamic Allocation category. Return for 2024 was 16.7% , 2023 was 31.3% and 2022 was 18.8% .

Below is the key information for HDFC Balanced Advantage Fund

HDFC Balanced Advantage Fund Growth
Launch Date	11 Sep 00
NAV (07 Mar 25)	₹476.315 ↓ -0.15 (-0.03 %)
Net Assets (Cr)	₹94,251 on 31 Jan 25
Category	Hybrid - Dynamic Allocation
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.43
Sharpe Ratio	0.44
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
29 Feb 20	₹10,000
28 Feb 21	₹12,853
28 Feb 22	₹14,869
28 Feb 23	₹17,137
29 Feb 24	₹24,075
28 Feb 25	₹25,070

HDFC Balanced Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 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 7 Mar 25

Duration	Returns
1 Month	-2.4%
3 Month	-6.7%
6 Month	-6.2%
1 Year	4.3%
3 Year	20.6%
5 Year	21.2%
10 Year
15 Year
Since launch	18.1%

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2014	0.3%

Fund Manager information for HDFC Balanced Advantage Fund

Name	Since	Tenure
Anil Bamboli	29 Jul 22	2.59 Yr.
Gopal Agrawal	29 Jul 22	2.59 Yr.
Arun Agarwal	6 Oct 22	2.4 Yr.
Srinivasan Ramamurthy	29 Jul 22	2.59 Yr.
Nirman Morakhia	15 Feb 23	2.04 Yr.
Dhruv Muchhal	22 Jun 23	1.69 Yr.

Data below for HDFC Balanced Advantage Fund as on 31 Jan 25

Asset Allocation

Asset Class	Value
Cash	13.28%
Equity	56.23%
Debt	30.49%

Equity Sector Allocation

Sector	Value
Financial Services	22.38%
Industrials	8.93%
Energy	7.43%
Consumer Cyclical	5.56%
Technology	5.37%
Utility	4.3%
Health Care	4.21%
Communication Services	2.72%
Consumer Defensive	2.66%
Basic Materials	2.07%
Real Estate	1.44%

Debt Sector Allocation

Sector	Value
Government	16.87%
Cash Equivalent	13.7%
Corporate	13.19%

Credit Quality

Rating	Value
AA	0.87%
AAA	97.74%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 22 \| HDFCBANK	6%	₹5,761 Cr	33,914,751
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	4%	₹3,613 Cr	28,841,624
Reliance Industries Ltd (Energy) Equity, Since 31 Dec 21 \| RELIANCE	3%	₹3,178 Cr	25,123,788 ↑ 1,186,000
Infosys Ltd (Technology) Equity, Since 31 Oct 09 \| INFY	3%	₹3,081 Cr	16,390,088 ↑ 1,304,400
State Bank of India (Financial Services) Equity, Since 31 May 07 \| SBIN	3%	₹3,049 Cr	39,455,000
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Jun 12 \| LT	3%	₹2,431 Cr	6,814,633 ↑ 337,900
7.18% Govt Stock 2033 Sovereign Bonds \| -	2%	₹2,348 Cr	228,533,300
NTPC Ltd (Utilities) Equity, Since 31 Aug 16 \| 532555	2%	₹2,279 Cr	70,337,915
Coal India Ltd (Energy) Equity, Since 31 Jan 18 \| COALINDIA	2%	₹2,211 Cr	55,854,731
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Aug 20 \| BHARTIARTL	2%	₹2,095 Cr	12,879,354 ↑ 566,075

3. 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 9.3% since its launch. Ranked 12 in Equity Savings category. Return for 2024 was 10.3% , 2023 was 13.8% and 2022 was 6% .

Below is the key information for HDFC Equity Savings Fund

HDFC Equity Savings Fund Growth
Launch Date	17 Sep 04
NAV (07 Mar 25)	₹62.196 ↓ -0.01 (-0.02 %)
Net Assets (Cr)	₹5,584 on 31 Jan 25
Category	Hybrid - Equity Savings
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	2
Sharpe Ratio	0.18
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
29 Feb 20	₹10,000
28 Feb 21	₹11,722
28 Feb 22	₹13,009
28 Feb 23	₹13,689
29 Feb 24	₹16,254
28 Feb 25	₹16,888

HDFC Equity Savings Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518 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 7 Mar 25

Duration	Returns
1 Month	-1.7%
3 Month	-3.2%
6 Month	-2.6%
1 Year	3.7%
3 Year	10%
5 Year	11.5%
10 Year
15 Year
Since launch	9.3%

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2014	2%

Fund Manager information for HDFC Equity Savings Fund

Name	Since	Tenure
Anil Bamboli	17 Sep 04	20.46 Yr.
Arun Agarwal	17 Sep 04	20.46 Yr.
Srinivasan Ramamurthy	14 Dec 21	3.21 Yr.
Nirman Morakhia	15 Feb 23	2.04 Yr.
Dhruv Muchhal	22 Jun 23	1.69 Yr.

Data below for HDFC Equity Savings Fund as on 31 Jan 25

Asset Allocation

Asset Class	Value
Cash	42.07%
Equity	32.48%
Debt	25.44%

Equity Sector Allocation

Sector	Value
Financial Services	19.87%
Consumer Cyclical	11.74%
Energy	6.35%
Technology	5.68%
Industrials	5.1%
Health Care	4.94%
Consumer Defensive	4.67%
Basic Materials	3.37%
Utility	2.63%
Communication Services	1.81%

Debt Sector Allocation

Sector	Value
Cash Equivalent	40.4%
Corporate	13.5%
Government	12.13%
Securitized	1.49%

Credit Quality

Rating	Value
AA	6.71%
AAA	93.29%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 17 \| HDFCBANK	8%	₹441 Cr	2,593,450
Reliance Industries Ltd (Energy) Equity, Since 31 Dec 15 \| RELIANCE	5%	₹285 Cr	2,253,500 ↑ 1,050,000
Future on HDFC Bank Ltd Derivatives \| -	5%	-₹281 Cr
ICICI Bank Ltd (Financial Services) Equity, Since 31 May 12 \| ICICIBANK	5%	₹260 Cr	2,071,900 ↑ 70,000
Future on Reliance Industries Ltd Derivatives \| -	4%	-₹210 Cr
Infosys Ltd (Technology) Equity, Since 30 Nov 16 \| INFY	3%	₹194 Cr	1,029,600 ↑ 11,600
United Spirits Ltd (Consumer Defensive) Equity, Since 30 Nov 16 \| UNITDSPR	3%	₹175 Cr	1,225,700 ↑ 16,100
Future on Titan Co Ltd Derivatives \| -	3%	-₹168 Cr
Titan Co Ltd (Consumer Cyclical) Equity, Since 31 Jul 17 \| TITAN	3%	₹167 Cr	478,625 ↑ 35,000
Future on United Spirits Ltd Derivatives \| -	3%	-₹155 Cr

4. HDFC Arbitrage Fund

"To generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments."

HDFC Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 23 Oct 07. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.5% since its launch. Ranked 10 in Arbitrage category. Return for 2024 was 7.7% , 2023 was 7.2% and 2022 was 4.2% .

Below is the key information for HDFC Arbitrage Fund

HDFC Arbitrage Fund Growth
Launch Date	23 Oct 07
NAV (07 Mar 25)	₹30.006 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹17,654 on 31 Jan 25
Category	Hybrid - Arbitrage
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.86
Sharpe Ratio	2.14
Information Ratio	0
Alpha Ratio	0
Min Investment	100,000
Min SIP Investment	300
Exit Load	0-1 Months (0.25%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
29 Feb 20	₹10,000
28 Feb 21	₹10,283
28 Feb 22	₹10,690
28 Feb 23	₹11,178
29 Feb 24	₹12,016
28 Feb 25	₹12,896

HDFC Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for HDFC Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Mar 25

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.3%
1 Year	7.2%
3 Year	6.5%
5 Year	5.3%
10 Year
15 Year
Since launch	6.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.7%
2022	7.2%
2021	4.2%
2020	3.6%
2019	3.7%
2018	6%
2017	5.7%
2016	5.3%
2015	6.6%
2014	7.6%

Fund Manager information for HDFC Arbitrage Fund

Name	Since	Tenure
Anil Bamboli	1 Feb 22	3.08 Yr.
Arun Agarwal	24 Aug 20	4.52 Yr.
Nirman Morakhia	15 Feb 23	2.04 Yr.
Dhruv Muchhal	22 Jun 23	1.69 Yr.

Data below for HDFC Arbitrage Fund as on 31 Jan 25

Asset Allocation

Asset Class	Value
Cash	97.4%
Debt	2.85%
Other	0.05%

Equity Sector Allocation

Sector	Value
Financial Services	24.85%
Basic Materials	9.04%
Energy	8.82%
Consumer Cyclical	8.24%
Industrials	5.18%
Technology	4.11%
Utility	3.49%
Health Care	2.43%
Real Estate	2.32%
Communication Services	2.24%
Consumer Defensive	2.16%

Debt Sector Allocation

Sector	Value
Cash Equivalent	91.59%
Corporate	6.8%
Government	1.85%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Money Market Dir Gr Investment Fund \| -	13%	₹2,272 Cr	4,031,366
Future on Reliance Industries Ltd Derivatives \| -	8%	-₹1,419 Cr
Reliance Industries Ltd (Energy) Equity, Since 31 Oct 21 \| RELIANCE	8%	₹1,414 Cr	11,175,500 ↓ -47,000
HDFC Liquid Dir Gr Investment Fund \| -	5%	₹903 Cr	1,794,310 ↑ 198,947
Future on Axis Bank Ltd Derivatives \| -	4%	-₹768 Cr
Axis Bank Ltd (Financial Services) Equity, Since 31 Jul 23 \| 532215	4%	₹764 Cr	7,746,875 ↑ 4,880,000
Future on ICICI Bank Ltd Derivatives \| -	4%	-₹662 Cr
ICICI Bank Ltd (Financial Services) Equity, Since 30 Jun 24 \| ICICIBANK	4%	₹660 Cr	5,270,300 ↑ 2,836,400
Future on HDFC Bank Ltd Derivatives \| -	2%	-₹413 Cr
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jan 23 \| HDFCBANK	2%	₹411 Cr	2,418,350 ↑ 2,207,700

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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.