HDFC Balanced Advantage Fund vs Mirae Asset Mid Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
14.5%
3Y Return
12.03%
Dekho, humne do funds ki comparison ki hai - HDFC Balanced Advantage Fund aur Mirae Asset Mid Cap Fund. Ek hybrid category ka hai, dusra mid cap category ka. Chaliye, aage hum dekhte hain ki kaunsa fund long-term wealth creation ke liye behtar hai, aur kyon.
| Parameter | AHDFC Balanced Advantage Fund - Direct Plan - Growth | BMirae Asset Mid Cap Fund - Regular Plan - Growth |
|---|---|---|
| Fund House | HDFC Mutual Fund | Mirae Asset |
| Category | Hybrid | Mid Cap |
| NAV (₹) | 551.96 | 38.13 |
| AUM (₹ Cr) | 10.54 Lac Cr | 1.84 Lac Cr |
| Expense Ratio (%) | 0.75% | 1.67% |
| Riskometer | Moderately High | Very High |
| Volatility | 8.58 | 14.96 |
| Sharpe Ratio | 0.93 | 0.37 |
| 1 Year Return (%) | -1.45% | 2.41% |
| 3 Year Return (%) | 14.5% | 12.03% |
| 5 Year Return (%) | 15.05% | 9.36% |
| Since Launch (%) | 13.14% | 13.2% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 3 April 2006 | 22 August 2023 |
| Exit Load | Nil | Nil |
| Fund Manager | Anil Bamboli; Arun Agarwal; Dhruv Muchhal; Gopal Agrawal; Nandita Menezes; Srinivasan Ramamurthy (3.8 years yrs) | Ankit Jain (6.9 years yrs) |
| Benchmark | Nifty 50 Hybrid Composite Debt 65:35 Index | Nifty Midcap 150 TRI |
| Top 3 Holdings | ICICI Bank Ltd. (4.47%), HDFC Bank Ltd. (4.14%), Reliance Industries Ltd. (4.09%) | Indusind Bank Ltd. (3.74%), Bharat Forge Ltd. (3.49%), Lupin Ltd. (3.47%) |
| 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: 97.85% | Mutual Fund: 0.26% |
| Portfolio Turnover | 27% | 47% |
🤖 AI Verdict – Which is Better?
Haan, HDFC Balanced Advantage Fund 3Y return mein 14.5% de raha hai, jo Mirae Asset Mid Cap Fund se zyada hai. Expense ratio bhi kam hai, 0.75% ki jagah 1.67%. Risk bhi moderately high hai, jo very high se kam hai. Isliye, hum kehte hain 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 Mid Cap Fund?
- Expense ratio: 1.67%
- 3Y return: 12.03%
- AUM: 1.84 Lac Cr
- Sharpe Ratio: 0.37
📈 SIP Suitability
Sach ye hai ki HDFC Balanced Advantage Fund ki consistency aur return stability zyada hai. Isliye, yeh fund 10+ saal ke liye monthly SIP ke liye behtar hai. Chaliye, ismein invest karte hain, kyunki yeh stable returns dega.
⚠️ Risk & Cost Analysis
Dekho, riskometer, volatility, Sharpe ratio - sabhi mein HDFC Balanced Advantage Fund behtar hai. Volatility 8.58 hai, jo Mirae Asset Mid Cap Fund ke 14.96 se kam hai. Sharpe ratio bhi 0.93 hai, jo 0.37 se zyada hai. Isliye, yeh fund risk-adjusted returns ke liye behtar hai.
📊 Portfolio Diversification
Haan, HDFC Balanced Advantage Fund ki asset allocation diversified hai - equity, GOI sec, debenture, NCD, debt, SDL, REITs, aur bahut kuch. Top holdings bhi thode concentrated hain, lekin Mirae Asset Mid Cap Fund ke holdings zyada concentrated hain. Isliye, HDFC Balanced Advantage Fund ki portfolio diversification behtar hai.
SIP Calculator – Compare Growth Potential
HDFC Balanced Advantage Fund
₹1351121.42
@14.5% annual return (3Y)
Mirae Asset Mid Cap Fund
₹1163772.71
@12.0% 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 5Y return mein 15.05% de raha hai, jo Mirae Asset Mid Cap Fund ke 9.36% se zyada hai. Isliye, yeh fund long run mein behtar returns dega.
Q2: Is the higher risk fund worth it?
Nahi, Mirae Asset Mid Cap Fund ki volatility 14.96 hai, jo zyada hai. Sharpe ratio bhi 0.37 hai, jo kam hai. Isliye, yeh fund apne risk ke hisab se returns nahi de raha hai.
Q3: Which fund is more cost‑effective?
HDFC Balanced Advantage Fund ka expense ratio 0.75% hai, jo Mirae Asset Mid Cap Fund ke 1.67% se kam hai. Exit load ki information nahi hai, lekin expense ratio ke hisab se 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