What are the best Dynamic Asset Allocation Funds in India?

There are 37 Dynamic Asset Allocation Funds in India. The top performer is Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option by Aditya Birla Sun Life Mutual Fund with a 3-year CAGR of 11.98%. 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 9.17%. 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.

37 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	Aditya Birla Sun Life Balanced Advantage Fund · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹9,895 Cr	₹116.62	+7.42%	+11.98%	+9.44%	+10.35%	+9.65% Mar 2000	Invest
2	Baroda BNP Paribas Balanced Advantage Fund · Regular · Growth Baroda BNP Paribas Mutual Fund	₹5,204 Cr	₹26.40	+4.68%	+11.90%	+9.90%	—	+12.91% Nov 2018	Invest
3	Axis Balanced Advantage Fund · Regular · Growth Axis Mutual Fund	₹3,812 Cr	₹22.17	+2.73%	+11.76%	+8.73%	—	+8.95% Aug 2017	Invest
4	ICICI Prudential Balanced Advantage Fund · Regular · Growth ICICI Prudential Mutual Fund	₹74,079 Cr	₹80.82	+5.32%	+11.53%	+10.16%	+11.20%	+11.09% Nov 2006	Invest
5	quant Dynamic Asset Allocation Fund · Regular · Growth quant Mutual Fund	₹866 Cr	₹16.37	-2.15%	+11.32%	—	—	+14.71% Apr 2023	Invest
6	White Oak Capital - Balanced Advantage Fund · Regular · Growth WhiteOak Capital Mutual Fund	₹2,274 Cr	₹15.14	+3.00%	+11.03%	—	—	+11.68% Jan 2023	Invest
7	HDFC Balanced Advantage Fund · Regular · Growth HDFC Mutual Fund	₹1,06,770 Cr	₹534.18	+0.07%	+11.00%	+13.25%	+14.20%	+16.42% Jan 1999	Invest
8	Edelweiss Balanced Advantage Fund · Regular · Growth Edelweiss Mutual Fund	₹13,230 Cr	₹55.04	+5.44%	+10.76%	+8.49%	+11.71%	+10.40% Dec 2008	Invest
9	DSP Dynamic Asset Allocation Fund · Regular · Growth DSP Mutual Fund	₹3,792 Cr	₹29.73	+4.84%	+10.67%	+8.09%	+8.79%	+8.87% Jan 2014	Invest
10	Nippon India Balanced Advantage Fund · Regular · Growth Nippon India Mutual Fund	₹9,855 Cr	₹187.12	+3.15%	+10.34%	+8.64%	+10.59%	+14.25% Nov 2004	Invest
11	Mahindra Manulife Balanced Advantage Fund · Regular · Growth Mahindra Manulife Mutual Fund	₹912 Cr	₹15.31	+3.58%	+10.29%	—	—	+9.13% Dec 2021	Invest
12	Mirae Asset Balanced Advantage Fund · Regular · Growth Mirae Asset Mutual Fund	₹2,157 Cr	₹15.09	+4.32%	+9.97%	—	—	+10.14% Aug 2022	Invest
13	SBI Balanced Advantage Fund · Regular · Growth SBI Mutual Fund	₹41,731 Cr	₹15.97	+0.37%	+9.59%	+9.18%	—	+9.42% Aug 2021	Invest
14	Kotak Balanced Advantage Fund · Regular · Growth Kotak Mahindra Mutual Fund	₹17,304 Cr	₹21.60	+3.00%	+9.58%	+8.18%	—	+9.75% Jul 2018	Invest
15	Bandhan Balanced Advantage Fund · Regular · Growth Bandhan Mutual Fund	₹2,267 Cr	₹25.96	+4.55%	+9.51%	+6.97%	+9.11%	+8.21% Sep 2014	Invest
16	Bank of India Balanced Advantage Fund · Regular · Growth Bank of India Mutual Fund	₹175 Cr	₹26.40	+2.89%	+9.00%	+9.56%	+7.26%	+7.97% Mar 2014	Invest
17	HSBC Balanced Advantage Fund · Regular · Growth HSBC Mutual Fund	₹1,517 Cr	₹45.04	+2.61%	+8.75%	+7.43%	+8.32%	+10.02% Jan 2011	Invest
18	UTI Balanced Advantage Fund · Regular · Growth UTI Mutual Fund	₹3,016 Cr	₹13.02	+0.37%	+8.72%	—	—	+8.42% Aug 2023	Invest
19	Invesco India Balanced Advantage Fund · Regular · Growth Invesco Mutual Fund	₹951 Cr	₹54.57	-0.60%	+8.69%	+7.71%	+9.49%	+9.29% Oct 2007	Invest
20	Franklin India Balanced Advantage Fund · Regular · Growth Franklin Templeton Mutual Fund	₹2,810 Cr	₹14.62	+0.02%	+8.64%	—	—	+9.49% Aug 2022	Invest
21	Union Balanced Advantage Fund · Regular · Growth Union Mutual Fund	₹1,222 Cr	₹21.19	+2.42%	+8.48%	+6.90%	—	+8.83% Dec 2017	Invest
22	LIC MF Balanced Advantage Fund · Regular · Growth LIC Mutual Fund	₹683 Cr	₹14.04	+2.13%	+7.92%	+7.02%	—	+7.01% Nov 2021	Invest
23	ITI Balanced Advantage Fund · Regular · Growth ITI Mutual Fund	₹346 Cr	₹14.52	-1.08%	+7.71%	+5.64%	—	+5.57% Dec 2019	Invest
24	Sundaram Balanced Advantage Fund · Regular · Growth Sundaram Mutual Fund	₹1,671 Cr	₹35.66	-0.88%	+7.69%	—	—	+7.52% Dec 2021	Invest
25	Tata Balanced Advantage Fund · Regular · Growth Tata Mutual Fund	₹8,604 Cr	₹20.98	+0.31%	+7.60%	+7.34%	—	+9.98% Jan 2019	Invest
26	PGIM India Balanced Advantage Fund · Regular · Growth PGIM India Mutual Fund	₹741 Cr	₹15.42	-1.22%	+7.22%	+6.08%	—	+7.79% Jun 2011	Invest
27	Nj Balanced Advantage Fund · Regular · Growth NJ Mutual Fund	₹3,375 Cr	₹13.63	+0.22%	+6.48%	+6.35%	—	+6.34% Oct 2021	Invest
28	Shriram Balanced Advantage Fund · Regular · Growth Shriram Mutual Fund	₹42.9 Cr	₹16.92	-1.47%	+5.17%	+5.09%	—	+7.41% Jun 2019	Invest
29	Motilal Oswal Balanced Advantage Fund · Regular · Growth Motilal Oswal Mutual Fund	₹731 Cr	₹20.23	-0.56%	+2.76%	+4.99%	+7.70%	+7.20% Sep 2016	Invest
―	Category averagemedian of 74 funds	—	—	+2.82%	+10.19%	+8.68%	—	+9.35%

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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