What are the best Dynamic Asset Allocation Funds in India?

There are 36 Dynamic Asset Allocation Funds in India. The top performer is quant Dynamic Asset Allocation Fund - Growth Option - Regular Plan by quant Mutual Fund with a 3-year CAGR of 10.75%. MFGenie shows 29 with a 3-year track record, ranked by CAGR. Data from AMFI, updated daily.

What is the average return of Dynamic Asset Allocation Funds?

The average 3-year CAGR is 7.56%. Past performance does not guarantee future results.

Best Dynamic Asset Allocation Funds

Balanced advantage funds that actively shift between equity and debt based on market valuations. Data from AMFI, updated daily.

36 funds in this category · showing top 29 ranked by 3-year return

Looking for the full directory? View all Dynamic Asset Allocation Funds

Category:

Less than One Year More than One Year

#	Scheme	AUM	NAV	1Y	3Y	5Y	10Y	Since Inception
1	quant Dynamic Asset Allocation Fund · Regular · Growth quant Mutual Fund	₹903 Cr	₹15.92	-2.60%	+10.75%	—	—	+14.35% Apr 2023	Invest
2	Aditya Birla Sun Life Balanced Advantage Fund · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹9,211 Cr	₹110.33	+4.42%	+9.88%	+8.53%	+9.57%	+9.47% Mar 2000	Invest
3	ICICI Prudential Balanced Advantage Fund · Regular · Growth ICICI Prudential Mutual Fund	₹70,787 Cr	₹76.32	+2.06%	+9.75%	+9.48%	+10.27%	+10.84% Nov 2006	Invest
4	Baroda BNP Paribas Balanced Advantage Fund · Regular · Growth Baroda BNP Paribas Mutual Fund	₹4,798 Cr	₹24.84	+3.21%	+9.75%	+9.03%	—	+12.25% Nov 2018	Invest
5	Axis Balanced Advantage Fund · Regular · Growth Axis Mutual Fund	₹3,759 Cr	₹20.86	+0.29%	+9.66%	+7.83%	—	+8.36% Aug 2017	Invest
6	HDFC Balanced Advantage Fund · Regular · Growth HDFC Mutual Fund	₹1,04,783 Cr	₹505.17	-2.04%	+9.56%	+12.61%	+13.25%	+16.25% Jan 1999	Invest
7	White Oak Capital - Balanced Advantage Fund · Regular · Growth WhiteOak Capital Mutual Fund	₹2,152 Cr	₹14.44	+1.55%	+9.54%	—	—	+10.65% Jan 2023	Invest
8	Edelweiss Balanced Advantage Fund · Regular · Growth Edelweiss Mutual Fund	₹12,896 Cr	₹51.93	+2.67%	+8.89%	+7.67%	+10.50%	+10.11% Dec 2008	Invest
9	Nippon India Balanced Advantage Fund · Regular · Growth Nippon India Mutual Fund	₹9,597 Cr	₹178.05	+0.61%	+8.61%	+7.91%	+9.56%	+14.07% Nov 2004	Invest
10	DSP Dynamic Asset Allocation Fund · Regular · Growth DSP Mutual Fund	₹3,685 Cr	₹27.99	+1.39%	+8.53%	+7.06%	+7.89%	+8.44% Jan 2014	Invest
11	Mahindra Manulife Balanced Advantage Fund · Regular · Growth Mahindra Manulife Mutual Fund	₹886 Cr	₹14.47	+1.54%	+8.51%	—	—	+8.09% Dec 2021	Invest
12	Mirae Asset Balanced Advantage Fund · Regular · Growth Mirae Asset Mutual Fund	₹2,076 Cr	₹14.40	+2.57%	+8.37%	—	—	+9.23% Aug 2022	Invest
13	SBI Balanced Advantage Fund · Regular · Growth SBI Mutual Fund	₹40,683 Cr	₹15.40	+0.68%	+8.25%	+8.64%	—	+8.87% Aug 2021	Invest
14	Bandhan Balanced Advantage Fund · Regular · Growth Bandhan Mutual Fund	₹2,198 Cr	₹24.77	+2.75%	+7.99%	+6.49%	+8.31%	+7.87% Sep 2014	Invest
15	Kotak Balanced Advantage Fund · Regular · Growth Kotak Mahindra Mutual Fund	₹17,125 Cr	₹20.47	+0.29%	+7.73%	+7.29%	—	+9.18% Jul 2018	Invest
16	HSBC Balanced Advantage Fund · Regular · Growth HSBC Mutual Fund	₹1,502 Cr	₹43.23	+0.03%	+7.56%	+6.81%	+7.72%	+9.81% Jan 2011	Invest
17	Franklin India Balanced Advantage Fund · Regular · Growth Franklin Templeton Mutual Fund	₹2,785 Cr	₹14.08	-1.34%	+7.44%	—	—	+8.78% Aug 2022	Invest
18	Bank of India Balanced Advantage Fund · Regular · Growth Bank of India Mutual Fund	₹156 Cr	₹25.39	+2.97%	+7.42%	+9.03%	+6.54%	+7.71% Mar 2014	Invest
19	ITI Balanced Advantage Fund · Regular · Growth ITI Mutual Fund	₹352 Cr	₹14.17	-1.22%	+6.98%	+5.73%	—	+5.30% Dec 2019	Invest
20	Invesco India Balanced Advantage Fund · Regular · Growth Invesco Mutual Fund	₹1,020 Cr	₹51.25	-3.65%	+6.89%	+6.66%	+8.22%	+8.99% Oct 2007	Invest
21	Union Balanced Advantage Fund · Regular · Growth Union Mutual Fund	₹1,231 Cr	₹20.03	-0.50%	+6.55%	+6.01%	—	+8.26% Dec 2017	Invest
22	Nj Balanced Advantage Fund · Regular · Growth NJ Mutual Fund	₹3,413 Cr	₹13.32	-1.77%	+6.30%	—	—	+6.00% Oct 2021	Invest
23	Sundaram Balanced Advantage Fund · Regular · Growth Sundaram Mutual Fund	₹1,651 Cr	₹34.06	-2.61%	+6.22%	—	—	+6.68% Dec 2021	Invest
24	UTI Balanced Advantage Fund · Regular · Growth UTI Mutual Fund	₹3,012 Cr	₹12.14	-3.53%	+6.21%	—	—	+6.38% Aug 2023	Invest
25	Tata Balanced Advantage Fund · Regular · Growth Tata Mutual Fund	₹8,942 Cr	₹20.16	-0.67%	+6.18%	+6.84%	—	+9.58% Jan 2019	Invest
26	LIC MF Balanced Advantage Fund · Regular · Growth LIC Mutual Fund	₹677 Cr	₹13.43	-0.27%	+6.10%	—	—	+6.23% Nov 2021	Invest
27	PGIM India Balanced Advantage Fund · Regular · Growth PGIM India Mutual Fund	₹805 Cr	₹14.45	-4.68%	+4.78%	+5.06%	—	+6.73% Jun 2011	Invest
28	Shriram Balanced Advantage Fund · Regular · Growth Shriram Mutual Fund	₹48.7 Cr	₹16.03	-3.44%	+3.87%	+4.08%	—	+6.73% Jun 2019	Invest
29	Motilal Oswal Balanced Advantage Fund · Regular · Growth Motilal Oswal Mutual Fund	₹731 Cr	₹19.20	+0.16%	+1.05%	+4.31%	+6.80%	+6.74% Sep 2016	Invest
―	Category averagemedian of 72 funds	—	—	+0.64%	+8.52%	+8.00%	—	+8.66%

Showing Regular-Growth plans. Returns are CAGR (annualised) for periods ≥1 year, absolute for periods <1 year. Data sourced from AMFI. Past performance is not indicative of future results.

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