HDFC Balanced Advantage Fund vs JM Financial Multi Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
14.5%
3Y Return
20.86%
dekho, aapke paas do fund options hain - HDFC Balanced Advantage Fund aur JM Financial Multi Cap Fund. Ek Hybrid category ka hai, dusra Multi Cap. chaliye, aapko yeh jaankari milegi ki kaunsa fund long-term wealth creation ke liye behtar hai aur kyun.
| Parameter | AHDFC Balanced Advantage Fund - Direct Plan - Growth | BJM Financial Multi Cap Fund - Regular Plan - Growth |
|---|---|---|
| Fund House | HDFC Mutual Fund | JM Financial |
| Category | Hybrid | Multi Cap |
| NAV (₹) | 551.96 | 19.01 |
| AUM (₹ Cr) | 10.54 Lac Cr | 1.63 Lac Cr |
| Expense Ratio (%) | 0.75% | 1.68% |
| Riskometer | Moderately High | Very High |
| Volatility | 8.58 | 14.35 |
| Sharpe Ratio | 0.93 | 1 |
| 1 Year Return (%) | -1.45% | 5.23% |
| 3 Year Return (%) | 14.5% | 20.86% |
| 5 Year Return (%) | 15.05% | 0% |
| Since Launch (%) | 13.14% | 21.47% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 3 April 2006 | 3 February 2023 |
| Exit Load | Nil | Nil |
| Fund Manager | Anil Bamboli; Arun Agarwal; Dhruv Muchhal; Gopal Agrawal; Nandita Menezes; Srinivasan Ramamurthy (3.8 years yrs) | Asit Bhandarkar (3.5 years yrs) |
| Benchmark | Nifty 50 Hybrid Composite Debt 65:35 Index | Nifty 500 Multicap 50:25:25 TRI |
| Top 3 Holdings | ICICI Bank Ltd. (4.47%), HDFC Bank Ltd. (4.14%), Reliance Industries Ltd. (4.09%) | HDFC Bank Ltd. (6.5%), ICICI Bank Ltd. (5.8%), Reliance Industries Ltd. (4.9%) |
| Asset Allocation | Equity: 69.75% | GOI Sec: 7.48% | Debenture: 6.09% | NCD: 3.03% | Debt: 2.73% | SDL: 1.63% | REITs: 1.27% | Bonds/NCD: 0.99% | CD: 0.87% | Bonds/Deb: 0.7% | Sec. Debt: 0.42% | InvITs: 0.28% | FRB: 0.09% | Add. Tier 1 Bond: 0.05% | FD: 0.03% | ZCB: 0.03% | Equity: 97.00% | T-Bills: 3.00% |
| Portfolio Turnover | 27% | 44% |
🤖 AI Verdict – Which is Better?
haan, 3Y return ke hisab se JM Financial Multi Cap Fund behtar hai, lekin risk bhi zyada hai. HDFC Balanced Advantage Fund ka expense ratio kam hai, 0.75% ke barabar. sach ye hai, HDFC Balanced Advantage Fund long-term wealth creation ke liye thoda behtar hai.
Why consider HDFC Balanced Advantage Fund?
- Expense ratio: 0.75%
- 3Y return: 14.5%
- AUM: 10.54 Lac Cr
- Sharpe Ratio: 0.93
Why consider JM Financial Multi Cap Fund?
- Expense ratio: 1.68%
- 3Y return: 20.86%
- AUM: 1.63 Lac Cr
- Sharpe Ratio: 1
📈 SIP Suitability
chaliye, SIP ke liye dekhte hain. HDFC Balanced Advantage Fund thoda stable hai, 1Y return -1.45% ke barabar. JM Financial Multi Cap Fund ka 1Y return 5.23% hai, lekin volatility zyada hai. dekho, HDFC Balanced Advantage Fund SIP ke liye thoda behtar hai.
⚠️ Risk & Cost Analysis
dekho, riskometer ke hisab se JM Financial Multi Cap Fund ka risk Very High hai. HDFC Balanced Advantage Fund ka risk Moderately High hai. Sharpe ratio ke hisab se, HDFC Balanced Advantage Fund ka risk-adjusted return thoda behtar hai, 0.93 ke barabar.
📊 Portfolio Diversification
haan, asset allocation ke hisab se HDFC Balanced Advantage Fund thoda diversified hai. Equity allocation 69.75% hai, aur GOI Sec, Debenture, NCD bhi hain. JM Financial Multi Cap Fund ka equity allocation 97% hai, jiske kaaran sector risk zyada hai.
SIP Calculator – Compare Growth Potential
HDFC Balanced Advantage Fund
₹1351121.42
@14.5% annual return (3Y)
JM Financial Multi Cap Fund
₹2021967.48
@20.9% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
JM Financial Multi Cap Fund ka 3Y return 20.86% hai, jo HDFC Balanced Advantage Fund se zyada hai.
Q2: Is the higher risk fund worth it?
Sharpe ratio ke hisab se, HDFC Balanced Advantage Fund ka risk-adjusted return thoda behtar hai, 0.93 ke barabar, lekin JM Financial Multi Cap Fund ka volatility 14.35 hai.
Q3: Which fund is more cost‑effective?
HDFC Balanced Advantage Fund ka expense ratio 0.75% hai, jo JM Financial Multi Cap Fund se kam hai, 1.68% ke barabar.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price