HDFC Balanced Advantage Fund vs Mirae Asset ELSS Tax Saver Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
14.5%
3Y Return
14.73%
dekho, humne do funds ki comparison ki hai, ek Hybrid aur ek ELSS, dono ki apni-apni categories hai, aur hum aapko bataayenge ki kon sa fund aapke liye better hai, long-term wealth creation ke liye, chaliye shuru karte hai.
| Parameter | AHDFC Balanced Advantage Fund - Direct Plan - Growth | BMirae Asset ELSS Tax Saver Fund - Regular Plan - Growth |
|---|---|---|
| Fund House | HDFC Mutual Fund | Mirae Asset |
| Category | Hybrid | ELSS |
| NAV (₹) | 551.96 | 48.73 |
| AUM (₹ Cr) | 10.54 Lac Cr | 2.53 Lac Cr |
| Expense Ratio (%) | 0.75% | 1.62% |
| Riskometer | Moderately High | Very High |
| Volatility | 8.58 | 13.85 |
| Sharpe Ratio | 0.93 | 0.59 |
| 1 Year Return (%) | -1.45% | 2.19% |
| 3 Year Return (%) | 14.5% | 14.73% |
| 5 Year Return (%) | 15.05% | 12.52% |
| Since Launch (%) | 13.14% | 16.42% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 3 April 2006 | 29 December 2015 |
| Exit Load | Nil | Nil |
| Fund Manager | Anil Bamboli; Arun Agarwal; Dhruv Muchhal; Gopal Agrawal; Nandita Menezes; Srinivasan Ramamurthy (3.8 years yrs) | Neelesh Surana (10.5 years yrs) |
| Benchmark | Nifty 50 Hybrid Composite Debt 65:35 Index | Nifty 500 TRI |
| Top 3 Holdings | ICICI Bank Ltd. (4.47%), HDFC Bank Ltd. (4.14%), Reliance Industries Ltd. (4.09%) | HDFC Bank Ltd. (9.53%), ICICI Bank Ltd. (4.84%), Reliance Industries Ltd. (4.19%) |
| 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: 99.11% | Mutual Fund: 0.0% |
| Portfolio Turnover | 27% | 69% |
🤖 AI Verdict – Which is Better?
Haan, agar hum 3Y return, expense ratio, aur risk ko dekhein, to HDFC Balanced Advantage Fund thoda better lagta hai, kyunki uska 3Y return 14.5% hai, aur expense ratio 0.75% hai, lekin risk bhi moderately high hai, sach ye hai ki yeh fund Mirae Asset ELSS Tax Saver Fund se 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 Mirae Asset ELSS Tax Saver Fund?
- Expense ratio: 1.62%
- 3Y return: 14.73%
- AUM: 2.53 Lac Cr
- Sharpe Ratio: 0.59
📈 SIP Suitability
chaliye, SIP ke liye dekhein, to HDFC Balanced Advantage Fund better hai, kyunki uska consistency aur return stability thoda accha hai, aur yeh fund long-term ke liye suitable hai, 10+ years ke liye.
⚠️ Risk & Cost Analysis
dekho, riskometer, volatility, Sharpe ratio, aur expense ratio ko dekha jaye, to HDFC Balanced Advantage Fund better risk-adjusted returns offer karta hai, kyunki uska Sharpe ratio 0.93 hai, jo Mirae Asset ELSS Tax Saver Fund se accha hai.
📊 Portfolio Diversification
haan, portfolio diversification ki baat karein, to HDFC Balanced Advantage Fund thoda zyada diversified hai, kyunki usmein equity, GOI Sec, Debenture, NCD, Debt, SDL, REITs, Bonds/NCD, CD, Bonds/Deb, Sec. Debt, InvITs, FRB, Add. Tier 1 Bond, FD, ZCB hai, lekin Mirae Asset ELSS Tax Saver Fund mei sirf equity aur mutual fund hai.
SIP Calculator – Compare Growth Potential
HDFC Balanced Advantage Fund
₹1351121.42
@14.5% annual return (3Y)
Mirae Asset ELSS Tax Saver Fund
₹1370327.40
@14.7% 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 Mirae Asset ELSS Tax Saver Fund se thoda accha hai, aur 3Y return bhi 14.5% hai, jo Mirae Asset ELSS Tax Saver Fund ke 14.73% ke barabar hai, lekin 5Y return mei HDFC Balanced Advantage Fund better hai.
Q2: Is the higher risk fund worth it?
Mirae Asset ELSS Tax Saver Fund ka riskometer very high hai, aur volatility 13.85 hai, jo HDFC Balanced Advantage Fund se zyada hai, lekin Sharpe ratio 0.59 hai, jo HDFC Balanced Advantage Fund ke 0.93 se kam hai, isliye higher risk fund worth nahi hai.
Q3: Which fund is more cost‑effective?
HDFC Balanced Advantage Fund ka expense ratio 0.75% hai, jo Mirae Asset ELSS Tax Saver Fund ke 1.62% se kam hai, isliye HDFC Balanced Advantage Fund more cost-effective hai, N/A exit load ke baare mei.
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