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    Fund Comparison

    HDFC Balanced Advantage Fund vs Aditya Birla Sun Life Dynamic Asset Allocation Omni FoF — Which is Better in 2026?

    HDFC Balanced Advantage Fund vs Aditya Birla Sun Life Dynamic Asset Allocation Omni FoF: 18.620% vs 17.290% 3Y returns. Compare risk, portfolio overlap ...

    AI GeneratedReviewed by Shivank RastogiUpdated 17 March 2026 3 min read
    Overlap
    0.00%

    Common portfolio exposure between the two funds.

    Common Stocks
    0

    Shared holdings driving the overlap score.

    Compared Funds
    2

    Head-to-head breakdown of returns, risk, and portfolio positioning.

    Returns Comparison

    Return comparison across the ranked funds using trailing 1Y, 3Y, and 5Y performance.

    Rolling Returns

    Rolling return ranges show how consistently each fund has delivered over time.

    Max Drawdown

    Drawdown highlights the peak-to-trough downside each fund has faced in recent periods.

    Detailed Fund Metrics

    Fund NameAUM (Cr)Exp RatioAlphaSharpe Ratio1Y Ret3Y Ret5Y RetRoll 3YDD 1YRecovery 1Y
    HDFC Balanced Advantage Fund Direct GrowthHybrid • Dynamic Asset Allocation
    ₹106820.610.760%5.34951.279911.560%18.620%17.770%18.93%3.63%270d
    Aditya Birla Sun Life Dynamic Asset Allocation Omni FoF Direct GrowthHybrid • Dynamic Asset Allocation
    ₹229.700.260%3.20141.041714.290%17.290%14.070%17.86%4.48%270d

    Introduction: The Battle of the Heavyweights

    In the dynamic world of mutual funds, choosing the right fund can significantly impact your investment journey. Today, we pit two titans from the Hybrid - Dynamic Asset Allocation category against each other: HDFC Balanced Advantage Fund Direct Growth and Aditya Birla Sun Life Dynamic Asset Allocation Omni FoF Direct Growth. Both funds aim to balance risk and reward by dynamically adjusting their asset allocation. Let's dive into the data to see which fund might be the better choice for your portfolio.

    Performance Breakdown: Returns vs Risk

    Rolling Returns

    When it comes to rolling returns, Aditya Birla Sun Life Dynamic Asset Allocation Omni FoF Direct Growth takes the lead with a 1-year rolling return of 16.29%, compared to HDFC's 12.44%. However, over the 3-year and 5-year periods, HDFC shines with rolling returns of 18.93% and 17.47%, respectively, surpassing Aditya Birla's 17.86% and 14.06%.

    Capital Protection: Max Drawdown and Recovery

    In terms of capital protection during market downturns, HDFC Balanced Advantage Fund demonstrates superior resilience. It experienced a maximum drawdown of -3.63% over the past year, recovering in 270 days. In contrast, Aditya Birla faced a steeper drawdown of -4.48%, also recovering in 270 days. Over a 3-year horizon, HDFC's maximum drawdown was -9.39% with a recovery period of 305 days, while Aditya Birla's was -13.63% with a 308-day recovery.

    Risk-Adjusted Performance

    • Sharpe Ratio: HDFC leads with a Sharpe ratio of 1.2799, indicating better returns per unit of risk compared to Aditya Birla's 1.0417.
    • Sortino Ratio: HDFC again outperforms with a Sortino ratio of 2.1877, suggesting superior downside risk protection over Aditya Birla's 1.4728.
    • Alpha: HDFC's alpha of 5.3495 signifies a stronger outperformance against its benchmark compared to Aditya Birla's 3.2014.

    Overall, HDFC emerges as the better compounder on a risk-adjusted basis.

    Portfolio Overlap & Sector Bets

    Interestingly, there is no overlap in the top holdings of these funds, highlighting their distinct investment strategies. HDFC Balanced Advantage Fund has a heavy 36.09% allocation in Financials, which has been a significant driver of its returns. In contrast, Aditya Birla's portfolio is more diversified across various funds, with no specific sector concentration, leading to different performance dynamics.

    The Final Verdict: Which Should You Buy?

    For investors seeking a fund with a proven track record of strong risk-adjusted returns and capital protection, HDFC Balanced Advantage Fund Direct Growth is the clear choice. Its strategic sector bets, particularly in Financials, have paid off handsomely, making it suitable for long-term and conservative investors who prioritize stability and consistent performance.

    On the other hand, Aditya Birla Sun Life Dynamic Asset Allocation Omni FoF Direct Growth may appeal to aggressive investors looking for higher short-term returns and willing to accept higher volatility. Its lower expense ratio of 0.260% compared to HDFC's 0.760% could also be attractive for cost-conscious investors, though it comes with a trade-off in risk-adjusted performance.

    Ultimately, your choice should align with your investment goals, risk tolerance, and time horizon.

    Optimize Your Specific Portfolio

    Our AI doesn't just rank funds; it analyzes your exact holdings to find overlap, high expenses, and underperformance.

    Our Methodology

    Nivesh Composite Score

    Funds are ranked using a min-max normalised composite score computed across all active funds in the same sub-category. Each metric is scaled 0–100 relative to category peers and then weighted:

    FactorWeightWhy it matters
    5-Year Return30%Long-term compounding ability
    3-Year Return30%Medium-term consistency
    1-Year Return20%Recent momentum
    Sharpe Ratio15%Return generated per unit of risk
    Alpha5%Outperformance vs benchmark

    A fund scoring 85/100 means it ranks in the top 15% of its category across all five dimensions combined.

    Rolling Returns (CAGR)

    We compute point-to-point CAGR from actual daily NAV data rather than relying on declared fund returns. For periods over 1 year, the formula is:

    CAGR = (Latest NAV ÷ Historical NAV)^(1/years) − 1

    NAV values are matched within a ±15-day window to handle weekends and market holidays. Periods covered: 6 months, 1 year, 3 years, and 5 years.

    Maximum Drawdown

    Drawdown measures the worst peak-to-trough fall a fund experienced over a given period. We track:

    • Max Drawdown %: The deepest decline from any previous all-time high within the window
    • Recovery Days: How many calendar days the fund took to climb back to its pre-drawdown peak (null = still recovering)

    We compute drawdowns over 1-year and 3-year windows from daily NAV data.

    Annualised Volatility

    Volatility is calculated as the standard deviation of daily logarithmic returns, annualised by multiplying by √252 (trading days per year). A fund with 18% annualised volatility means a ₹1,00,000 investment could swing by roughly ±₹18,000 in a typical year.

    Data Sources

    All NAV data is sourced from AMFI India. Performance metrics, holdings, and AUM figures come from fund house disclosures and are refreshed daily. Expense ratios, Sharpe ratios, Sortino ratios, and Alpha are sourced from standardised SEBI-mandated fund factsheets.

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    Compared Funds

    Fund 1
    Very High Risk

    HDFC Balanced Advantage Fund Direct Growth

    Alpha5.35
    Sortino2.19
    Roll 3Y18.93%
    DD 1Y3.63%
    Top Holdings
    GOI7.72%
    HDFC Bank Ltd.4.48%
    ICICI Bank Ltd.4.09%
    Overlap Snapshot
    Shared portfolio0.00%
    Common stocks0
    ₹106820.61 CrExp: 0.760%
    Fund 2
    Very High Risk

    Aditya Birla Sun Life Dynamic Asset Allocation Omni FoF Direct Growth

    Alpha3.20
    Sortino1.47
    Roll 3Y17.86%
    DD 1Y4.48%
    Top Holdings
    HDFC Corporate Bond Fund Direct Plan-Growth20.06%
    Aditya Birla Sun Life Short Term Direct Fund Direct-Growth18.04%
    Nippon India Growth Mid Cap Fund Direct- Growth13.14%
    Overlap Snapshot
    Shared portfolio0.00%
    Common stocks0
    ₹229.70 CrExp: 0.260%