Which has the lower expense ratio, HDFC Balanced Advantage Fund - Growth Plan or LIC MF Balanced Advantage Fund-Direct Plan-Growth?

HDFC Balanced Advantage Fund - Growth Plan's expense ratio is 0.77% versus LIC MF Balanced Advantage Fund-Direct Plan-Growth's 0.9%. A lower expense ratio directly improves your net returns over the long term, all else being equal.

Can I invest in both HDFC Balanced Advantage Fund - Growth Plan and LIC MF Balanced Advantage Fund-Direct Plan-Growth?

Yes, but check for portfolio overlap first if both funds are in the same category — holding two funds with very similar underlying stocks reduces the diversification benefit of investing in more than one fund.

HDFC Balanced Advantage Fund - Growth Plan vs LIC MF Balanced Advantage Fund-Direct Plan-Growth

Q: HDFC Balanced Advantage Fund - Growth Plan vs LIC MF Balanced Advantage Fund-Direct Plan-Growth — which has given better returns?

HDFC Balanced Advantage Fund - Growth Plan has a 1-year return of -0.68% versus LIC MF Balanced Advantage Fund-Direct Plan-Growth's 6.43%. Compare NAV, expense ratio and star rating above before deciding, and check consistency over 3-5 years rather than a single year.

Side-by-side comparison of NAV, returns, expense ratio and star rating.

HDFC Balanced Advantage Fund - Growth Plan

HDFC Mutual Fund

★★★★★

Hybrid · Dynamic Asset Allocation

LIC MF Balanced Advantage Fund-Direct Plan-Growth

Aditya Birla Sun Life Mutual Fund

★★★★★

Hybrid · Dynamic Asset Allocation

Metric	HDFC Balanced Advantag...	LIC MF Balanced Advant...
NAV	₹524.35	₹129.59
Star Rating	★★★★★	★★★★
Expense Ratio	0.77%	0.9%
AUM	₹104,016 Cr	₹9,489 Cr
1M Return	+3.06%	+2.21%
3M Return	+1.76%	+2.69%
6M Return	-2.57%	+5.43%
1Y Return	-0.68%	+6.43%
3Y CAGR	+14.03%	+12.54%
5Y CAGR	+15.62%	+11.26%
Risk Level	—	—
Fund Manager	Srinivas Rao Ravuri	Vineet Maloo, Mohit Sharma

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