Bajaj Finserv Balanced Advantage Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Bajaj Finserv Balanced Advantage Fund Direct Growth Plan had a NAV of ₹12.028 as of 17 September 2026 and scheme AUM of ₹1,276 Cr. Its 1-year, 3-year and 5-year returns are 2.49%, 0.00% and 0.00%, and the fund carries a High Risk profile.

Our view is that this is a fund for investors who can tolerate uneven short-term outcomes and want a balanced-advantage style allocation rather than a straight equity approach. The benchmark is Nifty 50, and the fund’s short run has been stronger than the index, but the longer return record is still limited because the scheme launched on 15 December 2023.

Quick facts

Particular	Details
NAV	₹12.028 as of 17 Sep 2026
AUM	₹1,276 Cr
Expense Ratio	0.56%
Launch Date	15 Dec 2023
Min SIP	₹500
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Hybrid
Exit Load	Nil upto 8% of units and 1% for remaining units on or before 6M, Nil after 6M
Fund Managers	Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary

The fund is managed by Nimesh Chandan, Sorbh Gupta and Siddharth Chaudhary.

Source data date: as of 17 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-2.48%	-3.66%
3M	0.69%	-3.71%
1Y	2.49%	-7.13%
3Y	Data not available	Data not available
5Y	Data not available	Data not available

The fund has been choppy over the past month, but it still held up better than the benchmark in that same window. The 3-month picture is more constructive, with a small positive return while the index remained negative, which suggests the allocation mix helped absorb market weakness.

Over 1 year, the fund stayed positive while the benchmark was meaningfully negative. That gap is important because it shows the scheme did not simply track the index down during a difficult period. At the same time, the fund’s own 1-year path has not been smooth, so investors should expect a hybrid-style experience rather than a steady equity-like rise.

For 3-year and 5-year horizons, there is no performance history available in the review period because the fund is relatively new. That makes the recent return record more relevant than long-cycle compounding, and it also means the current assessment leans more on observed behaviour than on a mature track record.

On balance, the fund has shown better resilience than Nifty 50 in the available windows, but the short history keeps the longer-term verdict open.

Source data date: as of 17 Sep 2026

Should you BUY or HOLD Bajaj Finserv Balanced Advantage?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Bajaj Finserv Balanced Advantage Fund Direct Growth Plan	2.49%	Data not available	Data not available
Unifi Dynamic Asset Allocation Fund Direct Growth Plan	8.60%	Data not available	Data not available
Aditya Birla SL Balanced Advantage Fund Direct Growth Plan	5.17%	10.96%	9.97%
Baroda BNP Paribas Balanced Advantage Fund Direct Growth Plan	4.23%	11.11%	10.62%
360 ONE Balanced Hybrid Fund Direct Growth Plan	3.64%	Data not available	Data not available
Bank of India Balanced Advantage Fund Direct Growth Plan	3.62%	8.24%	10.21%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. The fund’s 1-year return is below every peer listed here, while some peers show materially stronger 1-year performance. The 3-year and 5-year fields also tell a different story: those peers with longer records have positive multi-year figures, whereas this fund has no comparable long-run return history yet. That combination makes the peer read more cautious on track record, even though the short-run benchmark comparison has been better than the index.

Source data date: as of 17 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
HDFC Bank Limited	Bank	6.58%
ICICI Bank Limited	Bank	6.06%
Bajaj Finserv Money Market Fund-Direct Plan-Growth	Domestic Mutual Funds Units	5.35%
Bharti Airtel Limited	Telecom	5.13%
Reliance Industries Limited	Crude Oil	4.17%
Bajaj Finance Limited	Finance	3.66%
Divi'S Laboratories Limited	Healthcare	3.48%
Bajaj Finserv Banking and PSU Debt Fund DR PL GR	Domestic Mutual Funds Units	3.25%
Bajaj Auto Limited	Automobile & Ancillaries	3.02%
Clearing Corporation of India Ltd	Cash & Cash Equivalents and Net Assets	2.89%

The largest holding is HDFC Bank Limited at 6.58%, which is sizable but not extreme for a hybrid-style portfolio. The drop from the first holding to the tenth is gradual rather than abrupt, moving from 6.58% to 2.89%, so the portfolio does not appear to be driven by one single position alone.

The top 10 holdings together account for approximately 43.59% of the portfolio, and the full disclosure contains 47 holdings. That combination suggests a meaningful spread beyond the visible leaders, with the remaining holdings likely carrying the rest of the exposure across a longer tail.

Because several of the top positions sit in banks, telecom, finance, healthcare and cash-like instruments, the fund may have multiple return drivers rather than one dominant theme. Our view is that this kind of mix can help smooth some equity swings, but the High Risk label still matters because the portfolio is not designed to behave like a low-volatility debt fund.

To see all holdings, visit the Bajaj Finserv Balanced Advantage Fund Direct Growth Plan page

Source data date: as of 17 Sep 2026

Who should invest

This fund suits investors who can tolerate High Risk exposure and want a hybrid allocation that may behave differently from a pure equity fund. The available record points to better recent resilience than Nifty 50, but the return history is still short, so the main trade-off is between diversification potential and a limited long-term track record.

It may fit someone with at least a medium-to-long investment horizon who is comfortable with uneven month-to-month movement. The portfolio mix across banks, telecom, finance, healthcare and cash-like instruments can appeal to investors looking for a balance between participation and cushioning, but not to those seeking stable or fully predictable outcomes.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load

Nil upto 8% of units and 1% for remaining units on or before 6 months. No exit load after the holding period.

Source data date: as of 17 Sep 2026

Frequently asked questions

What is the current NAV of Bajaj Finserv Balanced Advantage Fund Direct Growth Plan?
The current NAV is ₹12.028 as of 17 September 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year return is 2.49%, while the 3-year and 5-year returns are not available yet.

How has the fund compared with Nifty 50?
It has done better than Nifty 50 in the available 1-month, 3-month and 1-year periods.

How does it compare with peer funds on 1-year returns?
Its 1-year return is lower than the peer funds listed in this review, while some peers also show positive multi-year records that this fund does not yet have.

What is the minimum SIP amount?
The minimum SIP amount is ₹500.

Who manages the fund and what is the exit load?
The fund is managed by Nimesh Chandan, Sorbh Gupta and Siddharth Chaudhary. Exit load is nil upto 8% of units and 1% for remaining units on or before 6 months, with no exit load after the holding period.

Bottom line

Bajaj Finserv Balanced Advantage Fund Direct Growth Plan has looked better than Nifty 50 in the available recent windows, but its overall track record is still short. Compared with peers on the available figures, the 1-year return trails the group, while the longer-return field is only partially comparable because this scheme is relatively new. The portfolio is spread across several large positions rather than relying on one dominant exposure, which may help balance outcomes, but the High Risk tag remains important for investor fit.

Published on 18 September 2026 at 11:36 AM IST

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RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.