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2024

How equity mutual funds with AUM of at least Rs 50,000 crore performed in five years

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HDFC Balanced Advantage Fund, the largest equity and equity oriented mutual fund based on assets managed, had an AUM of Rs 94,048 crore as on July 2024. The scheme has offered around 22.22% CAGR in the last five years. Among the total 12 balanced advantage funds that have completed five years of existence in the market, HDFC Balanced Advantage Fund ranked one.