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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 December 22, 2024 , 6540 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 ₹499.354
↑ 0.18
₹95,570-32.118.522.62031.3
HDFC Equity Savings Fund Growth ₹63.52
↑ 0.01
₹5,516-1.82.511.210.311.113.8
HDFC Hybrid Debt Fund Growth ₹79.1279
↑ 0.02
₹3,322-0.93.11110.310.813.9
HDFC Multi-Asset Fund Growth ₹66.839
↑ 0.02
₹3,818-3.22.814.912.214.918
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Dec 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 18.4% 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 (24 Dec 24) ₹499.354 ↑ 0.18   (0.04 %)
Net Assets (Cr) ₹95,570 on 30 Nov 24
Category Hybrid - Dynamic Allocation
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.43
Sharpe Ratio 1.98
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
30 Nov 19₹10,000
30 Nov 20₹9,985
30 Nov 21₹13,508
30 Nov 22₹16,323
30 Nov 23₹19,916
30 Nov 24₹24,965

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 ₹505,644.
Net Profit of ₹205,644
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 24 Dec 24

DurationReturns
1 Month 0.9%
3 Month -3%
6 Month 2.1%
1 Year 18.5%
3 Year 22.6%
5 Year 20%
10 Year
15 Year
Since launch 18.4%
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 222.34 Yr.
Gopal Agrawal29 Jul 222.34 Yr.
Arun Agarwal6 Oct 222.16 Yr.
Srinivasan Ramamurthy29 Jul 222.34 Yr.
Nirman Morakhia15 Feb 231.79 Yr.
Dhruv Muchhal22 Jun 231.45 Yr.

Data below for HDFC Balanced Advantage Fund as on 30 Nov 24

Asset Allocation
Asset ClassValue
Cash16.67%
Equity53.2%
Debt30.13%
Equity Sector Allocation
SectorValue
Financial Services23.11%
Industrials9.45%
Energy7.72%
Consumer Cyclical4.98%
Utility4.78%
Technology4.34%
Health Care4.26%
Consumer Defensive2.91%
Communication Services2.68%
Basic Materials1.87%
Real Estate1.37%
Debt Sector Allocation
SectorValue
Government18.18%
Cash Equivalent16.67%
Corporate11.95%
Credit Quality
RatingValue
AA2.32%
AAA96.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK
7%₹6,173 Cr35,564,751
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
4%₹3,598 Cr27,841,624
↑ 53,900
State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN
3%₹3,236 Cr39,455,000
NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 532555
3%₹2,872 Cr70,355,915
↓ -500,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
3%₹2,856 Cr21,437,788
↑ 6,417,422
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹2,767 Cr272,581,800
Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA
3%₹2,525 Cr55,854,731
↓ -1,427,383
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT
2%₹2,346 Cr6,476,733
↑ 3,150
Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY
2%₹2,340 Cr13,314,298
7.18% Govt Stock 2033
Sovereign Bonds | -
2%₹2,333 Cr228,533,300

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 (24 Dec 24) ₹63.52 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹5,516 on 30 Nov 24
Category Hybrid - Equity Savings
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2
Sharpe Ratio 1.63
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
30 Nov 19₹10,000
30 Nov 20₹10,453
30 Nov 21₹12,655
30 Nov 22₹13,600
30 Nov 23₹14,886
30 Nov 24₹16,989

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 ₹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 24 Dec 24

DurationReturns
1 Month 0.2%
3 Month -1.8%
6 Month 2.5%
1 Year 11.2%
3 Year 10.3%
5 Year 11.1%
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 0420.22 Yr.
Arun Agarwal17 Sep 0420.22 Yr.
Srinivasan Ramamurthy14 Dec 212.97 Yr.
Nirman Morakhia15 Feb 231.79 Yr.
Dhruv Muchhal22 Jun 231.45 Yr.

Data below for HDFC Equity Savings Fund as on 30 Nov 24

Asset Allocation
Asset ClassValue
Cash43.84%
Equity32.92%
Debt23.24%
Equity Sector Allocation
SectorValue
Financial Services22.15%
Consumer Cyclical10.58%
Industrials5.98%
Health Care5.51%
Consumer Defensive5.25%
Basic Materials4.35%
Technology3.63%
Energy3.59%
Utility2.76%
Communication Services1.88%
Debt Sector Allocation
SectorValue
Cash Equivalent43.84%
Government11.41%
Corporate10.27%
Securitized1.57%
Credit Quality
RatingValue
AA16.87%
AAA83.13%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFCBANK
8%₹450 Cr2,593,450
↑ 100,000
Future on HDFC Bank Ltd
Derivatives | -
5%-₹296 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
5%₹258 Cr1,998,400
↑ 188,900
United Spirits Ltd (Consumer Defensive)
Equity, Since 30 Nov 16 | UNITDSPR
3%₹175 Cr1,209,600
↓ -155,900
Future on United Spirits Ltd
Derivatives | -
3%-₹155 Cr
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 16 | 532215
3%₹148 Cr1,276,250
↑ 50,000
Future on Titan Co Ltd
Derivatives | -
2%-₹134 Cr
Titan Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 17 | TITAN
2%₹134 Cr409,675
7.18% Govt Stock 2033
Sovereign Bonds | -
2%₹134 Cr13,100,000
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Jun 16 | SUNPHARMA
2%₹132 Cr714,150
↑ 58,450

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 (24 Dec 24) ₹79.1279 ↑ 0.02   (0.03 %)
Net Assets (Cr) ₹3,322 on 30 Nov 24
Category Hybrid - Hybrid Debt
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.79
Sharpe Ratio 1.93
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
30 Nov 19₹10,000
30 Nov 20₹10,704
30 Nov 21₹12,419
30 Nov 22₹13,287
30 Nov 23₹14,676
30 Nov 24₹16,671

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 24 Dec 24

DurationReturns
1 Month 0.4%
3 Month -0.9%
6 Month 3.1%
1 Year 11%
3 Year 10.3%
5 Year 10.8%
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 0717.26 Yr.
Srinivasan Ramamurthy14 Dec 212.97 Yr.
Dhruv Muchhal22 Jun 231.45 Yr.

Data below for HDFC Hybrid Debt Fund as on 30 Nov 24

Asset Allocation
Asset ClassValue
Cash3.79%
Equity21.63%
Debt74.32%
Other0.26%
Equity Sector Allocation
SectorValue
Financial Services8.06%
Technology2.47%
Health Care2.3%
Industrials2.18%
Energy2.17%
Utility1.31%
Consumer Cyclical1.27%
Communication Services0.94%
Consumer Defensive0.78%
Basic Materials0.15%
Debt Sector Allocation
SectorValue
Government42.69%
Corporate31.06%
Cash Equivalent3.79%
Securitized0.58%
Credit Quality
RatingValue
AA12.93%
AAA87.07%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.23% Govt Stock 2039
Sovereign Bonds | -
3%₹103 Cr10,000,000
↑ 2,500,000
7.3% Govt Stock 2053
Sovereign Bonds | -
2%₹77 Cr7,500,000
HDFC Bank Limited
Debentures | -
2%₹76 Cr7,500
Sikka Ports & Terminals Limited
Debentures | -
2%₹75 Cr750
6.68% Govt Stock 2031
Sovereign Bonds | -
2%₹74 Cr7,500,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
2%₹74 Cr590,000
7.18% Govt Stock 2037
Sovereign Bonds | -
2%₹71 Cr7,000,000
7.34% Govt Stock 2064
Sovereign Bonds | -
2%₹67 Cr6,500,000
HDFC Bank Ltd (Financial Services)
Equity, Since 15 Dec 21 | HDFCBANK
2%₹59 Cr350,000
National Highways Authority Of India
Debentures | -
2%₹52 Cr500

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 (24 Dec 24) ₹66.839 ↑ 0.02   (0.04 %)
Net Assets (Cr) ₹3,818 on 30 Nov 24
Category Hybrid - Multi Asset
AMC HDFC Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.97
Sharpe Ratio 1.9
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
30 Nov 19₹10,000
30 Nov 20₹11,395
30 Nov 21₹14,431
30 Nov 22₹15,295
30 Nov 23₹17,156
30 Nov 24₹20,403

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 24 Dec 24

DurationReturns
1 Month -0.1%
3 Month -3.2%
6 Month 2.8%
1 Year 14.9%
3 Year 12.2%
5 Year 14.9%
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 0519.3 Yr.
Arun Agarwal24 Aug 204.27 Yr.
Srinivasan Ramamurthy13 Jan 222.88 Yr.
Bhagyesh Kagalkar2 Feb 222.83 Yr.
Nirman Morakhia15 Feb 231.79 Yr.
Dhruv Muchhal22 Jun 231.45 Yr.

Data below for HDFC Multi-Asset Fund as on 30 Nov 24

Asset Allocation
Asset ClassValue
Cash26.49%
Equity46.84%
Debt15.08%
Other11.59%
Equity Sector Allocation
SectorValue
Financial Services22.62%
Consumer Cyclical10.91%
Consumer Defensive6.15%
Technology4.96%
Health Care4.96%
Industrials4.52%
Energy4.27%
Basic Materials3.22%
Communication Services2.86%
Utility1.53%
Real Estate1.04%
Debt Sector Allocation
SectorValue
Cash Equivalent26.49%
Government7.61%
Corporate6.16%
Securitized1.31%
Credit Quality
RatingValue
AA6.83%
AAA93.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Gold ETF
- | -
12%₹443 Cr64,290,017
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 18 | HDFCBANK
6%₹224 Cr1,291,600
↑ 100,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | ICICIBANK
5%₹187 Cr1,447,300
↑ 128,400
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | 532215
5%₹179 Cr1,541,250
↑ 50,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE
3%₹125 Cr936,500
↑ 301,500
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Mar 23 | M&M
3%₹116 Cr424,050
↑ 13,100
Future on Axis Bank Ltd
Derivatives | -
3%-₹110 Cr
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Jun 18 | BHARTIARTL
3%₹108 Cr667,550
↑ 27,550
Future on Mahindra & Mahindra Ltd
Derivatives | -
3%-₹106 Cr
United Spirits Ltd (Consumer Defensive)
Equity, Since 28 Feb 21 | UNITDSPR
3%₹100 Cr693,400
↓ -37,200

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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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