Archive · 20 Jul 2026
HDFC vs Parag Parikh: Balanced Funds Differ Sharply
Two investment funds, HDFC Balanced Advantage Fund and Parag Parikh Dynamic Asset Allocation Fund, are both categorized as balanced advantage funds.
However, they have very different strategies.
HDFC Fund has a higher percentage of its money in stocks (70.77%) and a lower percentage in bonds (25.72%), making it riskier.
It also invests in more stocks (159) and has a 'very high' risk rating.
Parag Parikh Fund, on the other hand, has a much lower percentage in stocks (14.78%) and a higher percentage in bonds (59.89%), making it less risky.
It invests in fewer stocks (31) and has a 'moderately high' risk rating.
Over the past year, Parag Parikh Fund performed better, with a 3.81% return compared to HDFC Fund's 1.28% return.
This shows that even funds in the same category can be very different, so it's important to look closely at each fund's strategy.
HDFC Balanced Advantage Fund has 70.77% equity and 25.72% debt allocation, with a 'very high' risk rating.
Parag Parikh Dynamic Asset Allocation Fund has 14.78% equity and 59.89% debt allocation, with a 'moderately high' risk rating.
HDFC Fund invests in 159 stocks, while Parag Parikh Fund invests in 31 stocks.
Over the last year, HDFC Fund returned 1.28%, while Parag Parikh Fund returned 3.81%.
The funds' different strategies highlight the importance of looking beyond category labels when investing.
- Who
- HDFC Balanced Advantage Fund and Parag Parikh Dynamic Asset Allocation Fund
- What
- Comparison of asset allocation strategies and performance
- When
- As of 30 June and 17 July 2026
- Where
- India
- Why
- To highlight differences in strategies within the same SEBI category
HDFC Balanced Advantage Fund
Parag Parikh Dynamic Asset Allocation Fund
Equity Exposure
HDFC Balanced Advantage Fund
70.77% equity allocation, relatively equity-heavy
Parag Parikh Dynamic Asset Allocation Fund
14.78% equity allocation, much lower equity exposure
Debt Allocation
HDFC Balanced Advantage Fund
25.72% in debt, 16.71% in AAA-rated securities, 7.92% in sovereign securities
Parag Parikh Dynamic Asset Allocation Fund
59.89% in debt, 42.17% in sovereign securities, 17.53% in AAA-rated instruments
Portfolio Diversification
HDFC Balanced Advantage Fund
159 stocks, broadly diversified equity portfolio
Parag Parikh Dynamic Asset Allocation Fund
31 stocks, more concentrated approach
Risk Rating
HDFC Balanced Advantage Fund
Very high risk rating
Parag Parikh Dynamic Asset Allocation Fund
Moderately high risk rating
Returns
HDFC Balanced Advantage Fund
1.28% return in the last one year, -0.76% in the last six months
Parag Parikh Dynamic Asset Allocation Fund
3.81% return in the last one year, 3.10% in the last six months
- Equity Exposure (HDFC)
- 70.77%
- Debt Allocation (HDFC)
- 25.72%
- Equity Exposure (Parag Parikh)
- 14.78%
- Debt Allocation (Parag Parikh)
- 59.89%
- Portfolio Diversification (HDFC)
- 159 stocks
- Portfolio Diversification (Parag Parikh)
- 31 stocks
- Risk Rating (HDFC)
- Very high
- Risk Rating (Parag Parikh)
- Moderately high
- Returns (HDFC, 1 year)
- 1.28%
- Returns (Parag Parikh, 1 year)
- 3.81%
- Returns (HDFC, 6 months)
- -0.76%
- Returns (Parag Parikh, 6 months)
- 3.10%