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 - HDFC Balanced Advantage Fund aur Mirae Asset ELSS Tax Saver Fund. Ek hybrid hai aur dusra ELSS category ka hai. Chaliye, hum dekhenge ki kaunsa fund long-term wealth creation ke liye behtar hai aur kyon.
| 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, HDFC Balanced Advantage Fund 3Y return mein thoda peeche hai, lekin expense ratio kam hai aur risk bhi moderately high hai. Isliye, humein lagta hai ki HDFC Balanced Advantage Fund long-term wealth creation ke liye 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 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
Sach ye hai, dono funds SIP ke liye suitable hain, lekin HDFC Balanced Advantage Fund ki consistency aur return stability thodi behtar hai. Isliye, humein lagta hai ki HDFC Balanced Advantage Fund SIP ke liye behtar hai.
⚠️ Risk & Cost Analysis
Dekho, Mirae Asset ELSS Tax Saver Fund ka riskometer very high hai aur volatility bhi jyada hai. Lekin, Sharpe ratio HDFC Balanced Advantage Fund ka behtar hai. Expense ratio bhi HDFC Balanced Advantage Fund ka kam hai. Isliye, humein lagta hai ki HDFC Balanced Advantage Fund risk-adjusted returns ke liye behtar hai.
📊 Portfolio Diversification
Chaliye, hum dekhenge ki kaunsa fund diversified hai. HDFC Balanced Advantage Fund ka asset allocation diversified hai, lekin Mirae Asset ELSS Tax Saver Fund ka asset allocation mostly equity mein hai. Isliye, humein lagta hai ki HDFC Balanced Advantage Fund diversified 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 ke 12.52% se zyada hai.
Q2: Is the higher risk fund worth it?
N/A, humein lagta hai ki higher risk fund ka Sharpe ratio kam hai, isliye nahi.
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.
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