HDFC Balanced Advantage Fund vs quant Dynamic Asset Allocation Fund
HDFC Balanced Advantage Fund (Direct) and quant Dynamic Asset Allocation Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Dynamic Asset Allocation or Balanced Advantage schemes — see the best balanced advantage mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 13 Apr 2023 – 20 Aug 2026, limited by quant Dynamic Asset Allocation Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | HDFC Balanced Advantage Fund | quant Dynamic Asset Allocation Fund | Nifty 50 |
|---|---|---|---|
| 13 Apr 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 24 Jul 2023 | ₹110.44 | ₹111.97 | ₹110.35 |
| 03 Nov 2023 | ₹116.53 | ₹116.18 | ₹107.87 |
| 13 Feb 2024 | ₹135.54 | ₹149.40 | ₹121.96 |
| 25 May 2024 | ₹147.63 | ₹164.81 | ₹128.77 |
| 04 Sep 2024 | ₹157.28 | ₹179.12 | ₹141.34 |
| 16 Dec 2024 | ₹156.86 | ₹169.52 | ₹138.37 |
| 28 Mar 2025 | ₹150.92 | ₹158.69 | ₹131.92 |
| 08 Jul 2025 | ₹161.67 | ₹175.24 | ₹143.16 |
| 18 Oct 2025 | ₹162.93 | ₹172.28 | ₹144.21 |
| 28 Jan 2026 | ₹162.48 | ₹163.41 | ₹142.15 |
| 10 May 2026 | ₹160.62 | ₹173.65 | ₹135.61 |
| 20 Aug 2026 | ₹163.45 | ₹171.25 | ₹135.92 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
HDFC Balanced Advantage Fund and quant Dynamic Asset Allocation Fund share 9% of their equity book by weight.
Shared holdings — HDFC Balanced Advantage Fund vs quant Dynamic Asset Allocation Fund
| Stock | HDFC Balanced Advantage Fund | quant Dynamic Asset Allocation Fund | |
|---|---|---|---|
| Bharti Airtel Ltd | 4.25% | 14.58% | 4.25% |
| Larsen & Toubro Ltd | 3.62% | 7.04% | 3.62% |
| Aurobindo Pharma Ltd | 0.57% | 13.95% | 0.57% |
| HDFC Life Insurance Co Ltd | 0.20% | 13.38% | 0.20% |
| Indus Towers Ltd | 0.00% | 3.77% | 0.00% |
5 shared of 159 / 10 positions. Weights are shown as a share of each fund's equity book.
| Metric | HDFC · Direct NAV ₹572.87 High risk ★★★★★ | quant · Direct NAV ₹17.14 High risk ★★★☆☆ | Category median Dynamic Asset Allocation or Balanced Advantage · 37 funds |
|---|---|---|---|
| +2.41%Best in row | +0.11% | +4.48% | |
| +13.38% | +15.37%Best in row | +11.02% | |
| +16.11% | — | +10.08% | |
| +14.43% | — | +10.76% | |
| +14.11% | +17.40%Best in row | +9.91% | |
| +12.74%Best in row | +8.18% | — | |
| +15.93% | +17.72%Best in row | +12.11% | |
| +15.45% | — | +11.73% | |
| +15.72% | — | +11.91% | |
| Risk | |||
| 9.86%Best in row | 14.38% | 8.34% | |
| 0.70Best in row | 0.62 | 0.52 | |
| 0.94Best in row | 0.85 | 0.72 | |
| -34.20% | -18.43%Best in row | -15.25% | |
| +4.97% | +6.78%Best in row | +2.88% | |
| 0.71 | 1.00 | 0.62 | |
| 86.2% | 108.6%Best in row | 73.8% | |
| 45.7%Best in row | 67.7% | 43.9% | |
| 0.76%Best in row | 1.55% | 1.04% | |
| ₹1,04,783Cr | ₹902.64Cr | ₹2,076Cr | |
| Up to 1.00% | 1.00% | — | |
| ₹100 | ₹1.00K | — | |
| ₹100 | ₹5.00K | — | |
| 27% | — | 185% | |
| Arun Agarwal | Sanjeev Sharma | — | |
| 01 Jan 2013 | 13 Apr 2023 | — | |
| 159 | 10 | — | |
| 30.6% | 62.1% | — | |
| 2.0% | 6.1% | — | |
2 rows carry the same value for every fund — show
- Benchmark
- Nifty 50
- Lock-in
- None
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — HDFC Balanced Advantage Fund or quant Dynamic Asset Allocation Fund?
Over the last 3 years, quant Dynamic Asset Allocation Fund returned +15.37% CAGR against HDFC Balanced Advantage Fund's +13.38%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — HDFC Balanced Advantage Fund or quant Dynamic Asset Allocation Fund?
HDFC Balanced Advantage Fund has the lower expense ratio: HDFC Balanced Advantage Fund charges 0.76% a year against quant Dynamic Asset Allocation Fund's 1.55%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — HDFC Balanced Advantage Fund or quant Dynamic Asset Allocation Fund?
quant Dynamic Asset Allocation Fund has shown higher volatility (+14.38% annualized vs HDFC Balanced Advantage Fund's +9.86%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: HDFC Balanced Advantage Fund -10.18% vs quant Dynamic Asset Allocation Fund -18.43%.
Which fund manages more money — HDFC Balanced Advantage Fund or quant Dynamic Asset Allocation Fund?
HDFC Balanced Advantage Fund is the larger fund: HDFC Balanced Advantage Fund manages ₹1,04,783Cr against quant Dynamic Asset Allocation Fund's ₹902.64Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are HDFC Balanced Advantage Fund and quant Dynamic Asset Allocation Fund in the same category?
Yes — both are Dynamic Asset Allocation or Balanced Advantage schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.