HDFC Balanced Advantage Fund vs LIC Mutual Fund 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, hum do funds ki comparison kar rahe hain - HDFC Balanced Advantage Fund aur LIC Mutual Fund Multi Cap Fund. Ek hybrid category ka hai aur dusra multi cap category ka. hum aage chalein aur dekhte hain ki inme se kaun sa fund aapke liye better hai.
| Parameter | AHDFC Balanced Advantage Fund - Direct Plan - Growth | BLIC Mutual Fund Multi Cap Fund - Regular Plan - Growth |
|---|---|---|
| Fund House | HDFC Mutual Fund | LIC Mutual Fund |
| Category | Hybrid | Multi Cap |
| NAV (₹) | 551.96 | 19.01 |
| AUM (₹ Cr) | 10.54 Lac Cr | 1.60 Lac Cr |
| Expense Ratio (%) | 0.75% | 1.68% |
| Riskometer | Moderately High | Very High |
| Volatility | 8.58 | 13.9 |
| Sharpe Ratio | 0.93 | 1.03 |
| 1 Year Return (%) | -1.45% | 5.23% |
| 3 Year Return (%) | 14.5% | 20.86% |
| 5 Year Return (%) | 15.05% | 11.46% |
| 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) | Yogesh Patil (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% | 38% |
🤖 AI Verdict – Which is Better?
Haan, 3Y return ke hisab se LIC Mutual Fund Multi Cap Fund behtar hai, lekin expense ratio HDFC Balanced Advantage Fund ka kam hai. Risk ke maamle me, HDFC Balanced Advantage Fund moderately high hai, jabki LIC Mutual Fund Multi Cap Fund very high risk ka hai. toh, hum kehte hain ki HDFC Balanced Advantage Fund long-term wealth creation ke liye better 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 LIC Mutual Fund Multi Cap Fund?
- Expense ratio: 1.68%
- 3Y return: 20.86%
- AUM: 1.60 Lac Cr
- Sharpe Ratio: 1.03
📈 SIP Suitability
chaliye, SIP ke liye dekhte hain. HDFC Balanced Advantage Fund ka 3Y return 14.5% hai, aur volatility bhi kam hai. isliye, yeh fund 10+ years ke liye monthly SIP ke liye better hai.
⚠️ Risk & Cost Analysis
sach ye hai ki risk aur cost dono ko compare karna zaroori hai. HDFC Balanced Advantage Fund ka riskometer moderately high hai, aur volatility 8.58 hai. Expense ratio bhi kam hai, 0.75%. iske ulat, LIC Mutual Fund Multi Cap Fund ka riskometer very high hai, aur volatility 13.9 hai. toh, HDFC Balanced Advantage Fund better risk-adjusted returns deta hai.
📊 Portfolio Diversification
dekho, asset allocation ki baat karte hain. HDFC Balanced Advantage Fund ka asset allocation diversified hai, 69.75% equity, 7.48% GOI Sec, aur aur bhi assets hain. LIC Mutual Fund Multi Cap Fund ka asset allocation zyada equity mein invested hai, 97% equity. toh, HDFC Balanced Advantage Fund more diversified hai.
SIP Calculator – Compare Growth Potential
HDFC Balanced Advantage Fund
₹1351121.42
@14.5% annual return (3Y)
LIC Mutual Fund 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?
LIC Mutual Fund Multi Cap Fund ka 5Y return 11.46% hai, aur 3Y return 20.86% hai. HDFC Balanced Advantage Fund ka 5Y return 15.05% hai, aur 3Y return 14.5% hai. toh, HDFC Balanced Advantage Fund ka 5Y return thoda better hai.
Q2: Is the higher risk fund worth it?
LIC Mutual Fund Multi Cap Fund ka volatility 13.9 hai, aur Sharpe ratio 1.03 hai. HDFC Balanced Advantage Fund ka volatility 8.58 hai, aur Sharpe ratio 0.93 hai. toh, LIC Mutual Fund Multi Cap Fund ka higher risk worth nahi hai.
Q3: Which fund is more cost‑effective?
HDFC Balanced Advantage Fund ka expense ratio 0.75% hai, jabki LIC Mutual Fund Multi Cap Fund ka expense ratio 1.68% hai. toh, HDFC Balanced Advantage Fund more cost-effective hai.
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