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, humne do mutual fund compare kiye hain - HDFC Balanced Advantage Fund aur LIC Mutual Fund Multi Cap Fund. Yeh dono alag categories mein aate hain, ek Hybrid hai aur doosra Multi Cap. Hum aapko bataayenge ki kaunsa fund long-term wealth creation ke liye better hai aur kyun.
| 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, expense ratio, aur risk ke basis par dekha jaaye to HDFC Balanced Advantage Fund thoda better lagta hai. Iska 3Y return 14.5% hai, jo LIC Mutual Fund Multi Cap Fund se zyada hai. Saath hi, iska expense ratio 0.75% hai, jo LIC Mutual Fund Multi Cap Fund ke 1.68% se kam hai. Lekin, risk bhi moderate high hai, isliye carefully investment karna chahiye.
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 dekhein to HDFC Balanced Advantage Fund thoda better lagta hai. Iska 3Y return consistent hai aur volatility bhi kam hai, jo long-term SIP ke liye achha hai. Lekin, LIC Mutual Fund Multi Cap Fund ka 1Y return accha hai, lekin volatility zyada hai, isliye risk uthana padega.
⚠️ Risk & Cost Analysis
Sach ye hai ki risk aur cost dono important hain. HDFC Balanced Advantage Fund ka riskometer moderate high hai, lekin Sharpe ratio 0.93 hai, jo accha hai. LIC Mutual Fund Multi Cap Fund ka riskometer very high hai, lekin Sharpe ratio 1.03 hai, jo better hai. Lekin, expense ratio HDFC Balanced Advantage Fund mein kam hai, jo cost-effective hai.
📊 Portfolio Diversification
Dekho, asset allocation ke maamle mein HDFC Balanced Advantage Fund zyada diversified hai. Ismein equity, debt, aur other assets hain, jo risk ko kam karte hain. LIC Mutual Fund Multi Cap Fund mein zyada equity hai, jo risk ko badhata hai. Top holdings mein bhi HDFC Balanced Advantage Fund mein zyada diversification hai, jo sector risk ko kam karti 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?
HDFC Balanced Advantage Fund ka 5Y return 15.05% hai, jo LIC Mutual Fund Multi Cap Fund ke 11.46% se zyada hai. Isliye, long-term mein HDFC Balanced Advantage Fund better lagta hai.
Q2: Is the higher risk fund worth it?
LIC Mutual Fund Multi Cap Fund ka volatility 13.9 hai, jo HDFC Balanced Advantage Fund ke 8.58 se zyada hai. Lekin, Sharpe ratio 1.03 hai, jo better hai. Isliye, higher risk worth it hai, lekin carefully investment karna chahiye.
Q3: Which fund is more cost‑effective?
HDFC Balanced Advantage Fund ka expense ratio 0.75% hai, jo LIC Mutual Fund Multi Cap Fund ke 1.68% se kam hai. Isliye, HDFC Balanced Advantage Fund zyada 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