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, ek Hybrid category ka HDFC Balanced Advantage Fund aur doosra Mid Cap category ka Mirae Asset Mid Cap Fund, chaliye dekhte hai inke beech kaunsa fund better hai, aur kyon, haan yeh to jaanne ke liye padhein.
| 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?
long-term wealth creation ke liye, HDFC Balanced Advantage Fund better hai, kyunki uska 3Y return 14.5% hai, aur expense ratio 0.75% hai, jo ki Mirae Asset Mid Cap Fund se kam hai, lekin risk bhi moderately high hai, sach ye hai ki yeh fund better risk-adjusted returns deta 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
agarr aap 10+ saal ke liye monthly SIP karna chahte hai, to HDFC Balanced Advantage Fund better hai, kyunki uska return stability aur consistency achha hai, chaliye is fund ko chunte hai.
⚠️ Risk & Cost Analysis
riskometer, volatility, Sharpe ratio, aur expense ratio compare karte hai, to HDFC Balanced Advantage Fund better risk-adjusted returns deta hai, kyunki uska Sharpe ratio 0.93 hai, aur volatility 8.58 hai, jo ki Mirae Asset Mid Cap Fund se kam hai.
📊 Portfolio Diversification
asset allocation aur top holdings concentration compare karte hai, to HDFC Balanced Advantage Fund more diversified hai, kyunki uska asset allocation meh 69.75% equity, 7.48% GOI Sec, aur 6.09% Debenture hai, jo ki Mirae Asset Mid Cap Fund se zyada diversified 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 ka 5Y return 15.05% hai, aur 3Y return 14.5% hai, jo ki Mirae Asset Mid Cap Fund se zyada hai.
Q2: Is the higher risk fund worth it?
nahi, Mirae Asset Mid Cap Fund ka volatility 14.96 hai, aur Sharpe ratio 0.37 hai, jo ki HDFC Balanced Advantage Fund se zyada hai, lekin returns bhi kam hai.
Q3: Which fund is more cost‑effective?
HDFC Balanced Advantage Fund ka expense ratio 0.75% hai, jo ki Mirae Asset Mid Cap Fund se kam hai, exit load ke baare meh koi information nahi 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