#1PremierFund size ₹52,984 Cr
- Returns · 3Y CAGR
- 11.4%
- Return per unit of risk · Sharpe
- 0.90
- Worst fall · Max drawdown
- −2.7%
+5.6 pts · Above category average
Strong
Gentler than category
Qonfido-rated shortlist
Best Balanced Advantage Mutual Funds — Qonfido-Rated
Balanced advantage / dynamic asset allocation funds shift between equity and debt based on market conditions. Compare Qonfido-rated peers within this mandate.
12 Qonfido-rated balanced advantage funds · Ratings and metrics as of
Qonfido-rated Balanced Advantage funds
Shifts between equity and debt as markets get cheap or expensive.
Role: All-weather equityHold for: 3+ yearsRisk:Moderate
72 funds in category · 28 Qonfido-rated · Category avg 3Y return 5.8% · Typical fall 4.2%
- #1
#2SelectFund size ₹35,843 Cr- Returns · 3Y CAGR
- 9.5%
- Return per unit of risk · Sharpe
- 0.66
- Worst fall · Max drawdown
- −3.1%
+3.7 pts · Above category average
Good
Gentler than category
#3SelectFund size ₹14,148 Cr- Returns · 3Y CAGR
- 9.3%
- Return per unit of risk · Sharpe
- 0.57
- Worst fall · Max drawdown
- −3.5%
+3.5 pts · Above category average
Good
Gentler than category
#4SelectFund size ₹9,963 Cr- Returns · 3Y CAGR
- 10.6%
- Return per unit of risk · Sharpe
- 0.66
- Worst fall · Max drawdown
- −3.9%
+4.8 pts · Above category average
Good
Typical for category
#5SelectFund size ₹8,189 Cr- Returns · 3Y CAGR
- 10.2%
- Return per unit of risk · Sharpe
- 0.67
- Worst fall · Max drawdown
- −3.4%
+4.4 pts · Above category average
Good
Gentler than category
#6PremierFund size ₹7,564 Cr- Returns · 3Y CAGR
- 11.7%
- Return per unit of risk · Sharpe
- 0.83
- Worst fall · Max drawdown
- −3.3%
+5.9 pts · Above category average
Strong
Gentler than category
#7SelectFund size ₹4,362 Cr- Returns · 3Y CAGR
- 11.6%
- Return per unit of risk · Sharpe
- 0.69
- Worst fall · Max drawdown
- −4.9%
+5.8 pts · Above category average
Good
Steeper than category
#8SelectFund size ₹3,412 Cr- Returns · 3Y CAGR
- 11.6%
- Return per unit of risk · Sharpe
- 0.84
- Worst fall · Max drawdown
- −3.5%
+5.8 pts · Above category average
Strong
Gentler than category
#9PremierFund size ₹2,866 Cr- Returns · 3Y CAGR
- 10.7%
- Return per unit of risk · Sharpe
- 0.94
- Worst fall · Max drawdown
- −2.2%
+4.9 pts · Above category average
Strong
Gentler than category
#10PremierFund size ₹2,061 Cr- Returns · 3Y CAGR
- 10.9%
- Return per unit of risk · Sharpe
- 0.75
- Worst fall · Max drawdown
- −3.6%
+5.1 pts · Above category average
Strong
Gentler than category
#11SelectFund size ₹1,917 Cr- Returns · 3Y CAGR
- 9.3%
- Return per unit of risk · Sharpe
- 0.60
- Worst fall · Max drawdown
- −3.4%
+3.5 pts · Above category average
Good
Gentler than category
#12PremierFund size ₹1,875 Cr- Returns · 3Y CAGR
- 9.7%
- Return per unit of risk · Sharpe
- 0.68
- Worst fall · Max drawdown
- −3.2%
+3.9 pts · Above category average
Good
Gentler than category
White tick = category average
Lists show Qonfido-rated funds within comparable peer groups. Ratings support research and are not predictions, suitability assessments, or guarantees of future returns. Mutual fund investments are subject to market risks.
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SIP estimator
Illustrative only. Past returns do not guarantee future results.
- Invested
- ₹6,00,000
- Est. gains
- ₹5,61,695
- Est. corpus
- ₹11,61,695
Frequently asked questions
What are the best Balanced Advantage mutual funds?
Qonfido shortlists Qonfido-rated balanced advantage mutual funds using expert analysis within comparable peer groups—looking at consistency, risk-adjusted performance, and quality judgment, not past returns alone. Use the list as research support before you invest.
How does Qonfido rate balanced advantage funds?
Qonfido places funds into clear tiers within the category. Higher tiers reflect stronger relative quality on Qonfido’s methodology. See the fund rating methodology page for the full approach and limitations.
Are balanced advantage funds safe?
No mutual fund category is risk-free. Balanced Advantage funds carry market and category-specific risks. Qonfido ratings help you compare peers; they do not guarantee returns or suitability for your situation.