Mutual fund · Balanced Advantage
HDFC Balanced Advantage Fund
₹1,02,534 cr across 168 positions, as filed for 2026-09-30. Returns are the fund's AMFI growth-plan NAV; holdings and behavior come from its filed monthly portfolios.
Returns, against the category
Q2 FY27: −2% over 1 year against the median Balanced Advantage fund's 0%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| HDFC Balanced Advantage Fund | −3% | −2% | +10% | +13% |
| Median Balanced Advantage fund | −2% | 0% | +8% | +7% |
+31%Q3 FY24+40%Q4 FY24+40%Q1 FY25+34%Q2 FY25+17%Q3 FY25+9%Q4 FY25+6%Q1 FY260%Q2 FY26+7%Q3 FY26−1%Q4 FY26−1%Q1 FY27−2%Q2 FY27
What moved the fund, last 12 filed months
Contribution = the fund's filed weight each month × that stock's price move in its own filings, in percentage points of NAV. Corporate-action months are left out.
| Stock | 12 months | Latest month |
|---|---|---|
| State Bank of India | +0.6 pp | −0.3 pp |
| Apar Industries Limited | +0.5 pp | −0.0 pp |
| Axis Bank Ltd. | +0.4 pp | −0.2 pp |
| Coal India Ltd. | +0.3 pp | +0.1 pp |
| Divis Laboratories Ltd. | +0.3 pp | −0.0 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| HDFC Bank Ltd. | −1.2 pp | −0.0 pp |
| Infosys Limited | −0.7 pp | −0.2 pp |
| ITC LIMITED | −0.6 pp | +0.0 pp |
| Reliance Industries Ltd. | −0.5 pp | −0.3 pp |
| Tata Consultancy Services Ltd. | −0.5 pp | −0.2 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| ICICI Bank | Financial Services | 5.06% | ₹5,187 cr | 46 mo | +21% |
| HDFC Bank | Financial Services | 4.32% | ₹4,427 cr | 46 mo | -12% |
| Reliance Industries Limited | Oil, Gas & Consumable Fuels | 3.64% | ₹3,727 cr | 46 mo | -10% |
| State Bank of India | Financial Services | 3.28% | ₹3,358 cr | 46 mo | +53% |
| Bharti Airtel Limited | Telecommunication | 3.05% | ₹3,132 cr | 46 mo | +38% |
| Axis Bank | Financial Services | 2.65% | ₹2,713 cr | 46 mo | +17% |
| Larsen & Toubro Limited | Construction | 2.52% | ₹2,587 cr | 46 mo | +55% |
| NTPC Limited | Power | 2.00% | ₹2,049 cr | 46 mo | +91% |
| Coal India | Oil, Gas & Consumable Fuels | 1.77% | ₹1,819 cr | 46 mo | +89% |
| Eternal Ltd | Consumer Services | 1.68% | ₹1,727 cr | 23 mo | +21% |
| Kotak Mahindra Bank Limited | Financial Services | 1.58% | ₹1,625 cr | 46 mo | +11% |
| Sun Pharmaceutical Industries Limited | Healthcare | 1.55% | ₹1,589 cr | 46 mo | +46% |
| Infosys | Information Technology | 1.45% | ₹1,491 cr | 46 mo | -37% |
| Maruti Suzuki India Limited | Automobile and Auto Components | 1.42% | ₹1,454 cr | 46 mo | -3% |
| HCL Technologies Limited | Information Technology | 1.21% | ₹1,243 cr | 46 mo | -22% |
How this fund actually behaves
Computed from every filed monthly portfolio (46 months of filings) by the research pipeline.
| Holding patience | Median months a position is held (25th–75th band) | 15 mo (7–22) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (105 exits) | 56% · payoff 2.7× |
| Loser handling | Cuts losers vs averages down, from 12 months of filings | Averages down |
| Entry valuation discipline | Median P/E paid on entries over 36 months; share above 50× | 45× · 42% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices | 44.0× P/E · 5.7× P/B · 2% loss-makers |
| Churn | Stocks entered and exited in 12 months, of 168 positions | 50 in · 24 out |
| Concentration | Top 10 holdings' share; effective number of positions | 30% · ~41 effective |