Dynamic Asset Allocation / Balanced Advantage Fund comparison
HDFC Balanced Advantage Fund vs ICICI Prudential Balanced Advantage Fund
Over the last 3 years, HDFC Balanced Advantage Fund returned 9.0% a year versus 9.2% for ICICI Prudential Balanced Advantage Fund. The category average was 5.4%. In its deepest fall over the same period, HDFC Balanced Advantage Fund dropped 4.2% versus 2.8% for ICICI Prudential Balanced Advantage Fund. Qonfido rates HDFC Balanced Advantage Fund Standard and ICICI Prudential Balanced Advantage Fund Select within the Dynamic Asset Allocation / Balanced Advantage Fund peer group.
Ratings and metrics as of
At a glance
Higher 3-year return
About level
Smaller worst fall
ICICI Prudential Balanced Advantage Fund
Smoother ride (higher Sharpe)
ICICI Prudential Balanced Advantage Fund
Head-to-head
Swap either fund or add a third to see how they line up.
HDFC Balanced Advantage
Dynamic Asset Allocation / Balanced Advantage Fund
0/4
rounds won
ICICI Prudential Balanced Advantage
Dynamic Asset Allocation / Balanced Advantage Fund
4/4
rounds won
Round by round
Three questions in one shape. A bigger triangle = stronger all round.
- HDFC Balanced Advantage
- ICICI Prudential Balanced Advantage
Growth
Who grew money faster?
Average yearly return over the last 3 years.
9.0%9.2%✓Dip protection
Who fell less in the worst dip?
Biggest fall from a peak in the period. Smaller hurts less.
-4.2%-2.8%✓Smooth ride
Who gave a smoother ride?
Return earned for every unit of ups and downs. Higher is smoother.
0.440.61✓
Qonfido rating
Quality vs peers in the same category. Premier is the top tier.
ICICI Prudential Balanced Advantage is rated higher
What matters most to you?
Quick take for “Balanced”
ICICI Prudential Balanced Advantage comes out ahead — it grew money faster and fell less in bad markets.
Based on the last 3 years of data. A starting point for research, not advice.
What could your money become?
If each fund repeated its last 3 years. Drag to try.
You’d put in ₹12.00 L. ICICI Prudential Balanced Advantage ends about ₹20,980 ahead — that’s roughly 2 months of your SIP.
Illustration only. Past returns rarely repeat exactly.
Key numbers
| Metric | HDFC Balanced Advantage Fund | ICICI Prudential Balanced Advantage Fund |
|---|---|---|
| Qonfido rating | Standard | Select |
| 3Y return (CAGR) | 9.0% | 9.2% |
| Worst fall (max drawdown) | 4.2% | 2.8% |
| Sharpe ratio (3Y) | 0.44 | 0.61 |
| Fund size (AUM) | ₹53,482 Cr | ₹52,984 Cr |
| Category average 3Y return | 5.4% | |
Frequently asked questions
Which is better, HDFC Balanced Advantage Fund or ICICI Prudential Balanced Advantage Fund?
Neither fund is better for every investor. Based on data as of 11 Oct 2026. Over the last 3 years, HDFC Balanced Advantage Fund returned 9.0% a year versus 9.2% for ICICI Prudential Balanced Advantage Fund. The category average was 5.4%. In its deepest fall over the same period, HDFC Balanced Advantage Fund dropped 4.2% versus 2.8% for ICICI Prudential Balanced Advantage Fund. Qonfido rates HDFC Balanced Advantage Fund Standard and ICICI Prudential Balanced Advantage Fund Select within the Dynamic Asset Allocation / Balanced Advantage Fund peer group. Which fits depends on your goal, time horizon and comfort with falls. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
Which has given higher returns, HDFC Balanced Advantage Fund or ICICI Prudential Balanced Advantage Fund?
Based on data as of 11 Oct 2026. Over the last 3 years, HDFC Balanced Advantage Fund returned 9.0% a year versus 9.2% for ICICI Prudential Balanced Advantage Fund. The category average was 5.4%. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
Which is less risky, HDFC Balanced Advantage Fund or ICICI Prudential Balanced Advantage Fund?
Based on data as of 11 Oct 2026. In its deepest fall over the same period, HDFC Balanced Advantage Fund dropped 4.2% versus 2.8% for ICICI Prudential Balanced Advantage Fund. Sharpe ratio, a measure of return per unit of volatility, was 0.44 for HDFC Balanced Advantage Fund and 0.61 for ICICI Prudential Balanced Advantage Fund. Lower falls and a higher Sharpe ratio point to a smoother past ride, not a guarantee.
What is the Qonfido rating of HDFC Balanced Advantage Fund and ICICI Prudential Balanced Advantage Fund?
Qonfido rates HDFC Balanced Advantage Fund Standard and ICICI Prudential Balanced Advantage Fund Select within the Dynamic Asset Allocation / Balanced Advantage Fund peer group. Ratings compare funds with their category peers on risk-adjusted consistency and are explained on the Qonfido rating methodology page.
Should I invest in both HDFC Balanced Advantage Fund and ICICI Prudential Balanced Advantage Fund?
Both funds sit in the Dynamic Asset Allocation / Balanced Advantage Fund category, so their portfolios can overlap and holding both may add limited diversification. Review holdings overlap, costs and your overall allocation before combining them. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
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Comparisons are educational research support only. They are not personalised investment advice, suitability assessments, or predictions of returns. Mutual fund investments are subject to market risks. Read scheme documents and consider your goals, horizon, and risk tolerance before investing.