HDFC Balanced Advantage Fund vs Kotak Balanced Advantage Fund
Updated June 2026 · both Dynamic Asset Allocation or Balanced Advantage funds · metrics from AMFI NAVs
In short: HDFC Balanced Advantage Fund has the higher 3-year return (+14.28%); Kotak Balanced Advantage Fund has the lower expense ratio (0.57%); HDFC Balanced Advantage Fund has the better risk-adjusted return (Sharpe 0.89). This is analysis from past data, not a recommendation.
| Metric | HDFC Balanced Advantage Fund | Kotak Balanced Advantage Fund |
|---|---|---|
| 1Y return | -2.81% | -0.67% |
| 3Y CAGR | +14.28% | +10.10% |
| 5Y CAGR | +14.70% | +9.44% |
| Sharpe ratio | 0.89 | 0.41 |
| Max drawdown | -10.2% | -9.1% |
| Volatility | 10.6% | 7.7% |
| Alpha | +6.49% | +2.54% |
| Expense ratio (Direct) | 0.77% | 0.57% |
| AUM | ₹106.0K Cr | ₹17.4K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
Kotak Balanced Advantage Fund has the lower Direct-plan expense ratio (0.57%), versus 0.77% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
HDFC Balanced Advantage Fund has the higher 3-year CAGR (+14.28%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.