Top 5 Balanced Advantage SWP Mutual Funds for Dynamic Asset Allocation for November 2026

Dynamic Asset Allocation Mutual Funds, also known as Balanced Advantage Funds, combine the growth potential of stocks with the stability of fixed-income instruments. 

The defining feature of these funds is their ability to adjust the equity and debt allocation dynamically based on market conditions, aiming for optimal returns with controlled risk. 

Top 5 Balanced Advantage SWP Mutual Funds for November 2026 

Here's a list of the top 5 balanced advantage SWP mutual funds based on 5-year CAGR performance and consistent returns. 

 Note: In the above data, The NAV is as of October 28, 2026, and AUM as of September 30, 2026. 

HDFC Balanced Advantage Fund 

Managed by Gopal Agrawal, HDFC Balanced Advantage Fund has an AUM of ₹1,02,534 crore and an expense ratio of 1.31%. Launched on September 11, 2000, it tracks the NIFTY 50 Hybrid Composite Debt 50:50 Index. The NAV is ₹498.52, with a 52-week high of ₹539.05 and a low of ₹483.48. The fund has delivered a 3-year CAGR of 9.73% and a 5-year return of 11.67%. 

Exit Load: Nil upto 15% of Units For excess Units 1% on or before 1Y and Nil after 1Y 

ICICI Pru Balanced Advantage Fund 

Managed by Rajat Chandak, ICICI Pru Balanced Advantage Fund has an AUM of ₹71,913.5 crore and an expense ratio of 1.57%. Launched on December 30, 2006, it tracks the CRISIL Hybrid 50+50 - Moderate Index. The NAV is ₹75.86, with a 52-week high of ₹80.38 and a low of ₹71.79. The fund has delivered a 3-year CAGR of 9.6% and a 5-year return of 8.83%. 

Exit Load: Nil upto 30% of units and 1% for remaining units on or before 1Y Nil after 1Y 

Bank of India Balanced Advantage Fund 

Managed by Alok Singh, Bank of India Balanced Advantage Fund has an AUM of ₹173.8 crore and an expense ratio of 2.64%. Launched on March 14, 2014, it tracks the NIFTY 50 Hybrid Composite Debt 50:50 Index. The NAV is ₹25.04, with a 52-week high of ₹26.56 and a low of ₹24.56. The fund has delivered a 3-year CAGR of 7.93% and a 5-year return of 8.57%. 

Exit Load: NIL for 10% of investments and 1% for remaining investments on or before 3M NIL after 3M 

Read More: Best Mutual Funds for Lump Sum Investments in India for November 2026! 

Baroda BNP Paribas Balanced Advantage Fund 

Managed by Jitendra Sriram, Baroda BNP Paribas Balanced Advantage Fund has an AUM of ₹5,162.2 crore and an expense ratio of 2.05%. Launched on November 14, 2018, it tracks the BSE 200. The NAV is ₹24.51, with a 52-week high of ₹26.34 and a low of ₹22.97. The fund has delivered a 3-year CAGR of 10.04% and a 5-year return of 8.26%. 

Exit Load: Nil upto 10% of units and 1% for remaining units on or before 1Y Nil after 1Y 

SBI Balanced Advantage Fund 

Managed by Dinesh Balachandran, SBI Balanced Advantage Fund has an AUM of ₹40,544.6 crore and an expense ratio of 1.67%. Launched on August 31, 2021, it tracks the NIFTY 50 Hybrid Composite Debt 50:50 Index. The NAV is ₹15.16, with a 52-week high of ₹16.22 and a low of ₹14.99. The fund has delivered a 3-year CAGR of 8.29% and a 5-year return of 8.13%. 

Exit Load: Nil upto 10% of units and 1% for remaining units on or before 1Y Nil after 1Y 

About Balanced Advantage Funds 

Balanced Advantage Funds are opted by investors for Systematic Withdrawal Plans (SWP) because they manage asset allocation dynamically, reducing the risk of capital erosion during volatile markets. 

Conclusion 

The top 5 balanced advantage SWP mutual funds for November 2026 include HDFC Balanced Advantage Fund, ICICI Pru Balanced Advantage Fund, Bank of India Balanced Advantage Fund, Baroda BNP Paribas Balanced Advantage Fund and SBI Balanced Advantage Fund. These funds offer diverse returns, with HDFC Balanced Advantage Fund showing a 5-year return of 11.67%. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.