In August 2026, senior citizens seeking reliable Systematic Withdrawal Plan (SWP) funds can consider the top 5 options based on 5-year Compound Annual Growth Rate (CAGR). These funds include offerings from HDFC, ICICI, Baroda BNP Paribas, Bank of India, and Aditya Birla, each with unique characteristics and performance metrics.
| Fund Name | AUM (in ₹ crore) | ExpenseRatio (%) | NAV | 5 Year CAGR in (%) | PE Ratio | PB Ratio |
| HDFC Balanced Advantage Fund | 106456.2 | 1.29 | 525 | 14.88 | 18.8 | 2.68 |
| ICICI Pru Balanced Advantage Fund | 72486.3 | 1.57 | 78.91 | 11.04 | 27.49 | 3.92 |
| Baroda BNP Paribas Balanced Advantage Fund | 5002.6 | 2.16 | 25.76 | 10.95 | 28.27 | 3.68 |
| Bank of India Balanced Advantage Fund | 169.8 | 2.64 | 26.21 | 10.22 | 20.56 | 3.01 |
| Aditya Birla Sun Life Balanced Advantage Fund | 9489.6 | 2 | 113 | 9.73 | 26.28 | 3.77 |
Note: The above NAV is as of July 30, 2026, and AUM as of June 30, 2026.
Managed by Gopal Agrawal, the HDFC Balanced Advantage Fund boasts an AUM of ₹1,06,456.2 crore and an expense ratio of 1.29%. Launched on September 11, 2000, it follows the NIFTY 50 Hybrid Composite Debt 50:50 Index. The fund's NAV is ₹524.96, with a 52-week high of ₹539.05 and a low of ₹483.48. It has delivered a 5-year return of 14.88%.
Rajat Chandak manages the ICICI Pru Balanced Advantage Fund, which has an AUM of ₹72,486.3 crore and an expense ratio of 1.57%. Initiated on December 30, 2006, it tracks the CRISIL Hybrid 50+50 - Moderate Index. The fund's NAV stands at ₹78.91, with a 52-week high and low of ₹78.91 and ₹71.79, respectively. It has achieved a 5-year return of 11.04%.
Under the management of Jitendra Sriram, the Baroda BNP Paribas Balanced Advantage Fund has an AUM of ₹5,002.6 crore and an expense ratio of 2.16%. Launched on November 14, 2018, it follows the BSE 200 index. The NAV is ₹25.76, with a 52-week high of ₹25.87 and a low of ₹22.97. The fund has a 5-year return of 10.95%.
Managed by Alok Singh, the Bank of India Balanced Advantage Fund has an AUM of ₹169.8 crore and an expense ratio of 2.64%. It was launched on March 14, 2014, and follows the NIFTY 50 Hybrid Composite Debt 50:50 Index. The NAV is ₹26.21, with a 52-week high of ₹26.35 and a low of ₹24.37. It has a 5-year return of 10.22%.
Harish Krishnan manages the Aditya Birla Sun Life Balanced Advantage Fund, which has an AUM of ₹9,489.6 crore and an expense ratio of 2%. Launched on April 25, 2000, it tracks the CRISIL Hybrid 50+50 - Moderate Index. The NAV is ₹113.04, with a 52-week high and low of ₹113.04 and ₹102.25, respectively. The fund has a 5-year return of 9.73%.
Read More: Best Defence Mutual Funds for August 2026 Based on 1-Year Returns: HDFC Defence Fund and More!
The top 5 SWP funds for senior citizens in August 2026, ranked by 5-year CAGR, include HDFC at 14.88%, ICICI at 11.04%, Baroda BNP Paribas at 10.95%, Bank of India at 10.22%, and Aditya Birla at 9.73%.
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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.
Published on: Jul 31, 2026, 12:15 PM IST
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