Every Birthday is a Portfolio Check-in!

Birthdays usually come with cake, calls and a few reflections on the year gone by. But they can also be a good reminder to look at something we often forget: how our investments are spread between equity and debt. As we move through different stages of life, our goals, responsibilities and ability to handle market ups and downs change too. Here’s how a father and son, Mr. Mehta and Kabir, talked it through over a birthday dinner.

Here is an illustrative allocation based on the “ 100 minus age” rule of thumb:

Equity (%) = 100 minus age; Debt (%) = 100 minus Equity.

The above allocation is for illustrative purposes only and is not a recommendation. Actual asset allocation should be based on an individual’s goals, risk profile, time horizon and financial situation

Kabir left dinner with a simple plan: review his portfolio once a year, rebalance when his mix drifts, and gradually reduce his equity exposure as his goals come closer. Asset allocation isn’t something you set once and forget. It changes as your life does.

For investors who would rather not manage these shifts between equity and debt on their own, a balanced advantage fund can be one way to approach it. Such funds dynamically manage their allocation between equity and debt based on market conditions, within a single scheme.

HDFC Balanced Advantage Fund is an open-ended balanced advantage fund that aims to provide long-term capital appreciation/income from a dynamic mix of equity and debt investments. The fund’s allocation decisions are based on valuations, macro assessment and bottom-up opportunity analysis. Investors seeking a single -fund approach to managing

As the char t below shows, the fund has historically reduced its unhedged equity exposure as markets rose and increased it during correc tions. This disciplined approach manages the equity–debt mix within the fund, so investors don’t have to make these shifts on their own. After all, investing well is about having the right mix for every stage of life.

Source: MFI360 Explorer. The above chart is for illustration of the fund’s dynamic asset allocation only and should not be construed as an indication of future allocation or performance. The fund’s asset allocation may vary based on market conditions and the fund manager’s assessment. Past performance may or may not be sustained in the future and is not a guarantee of any future returns.

HDFC Balanced Advantage Fund tac tically manages the equity exposure based on the investment framework. The current investment strategy is subject to change within prescribed asset allocation limits depending on the market conditions.

Review your portfolio regularly, revisit your goals, rebalance your mix, and let time do the rest.

A. HDFC Balanced Advantage Fund - ^SIP Performance - Regular Plan - Growth Option

B. HDFC Balanced Advantage Fund - ^Performance - Regular Plan - Growth Option

Common notes for the above tables A & B: ^Past performance may or may not be sustained in future and is not a guarantee of any future returns.

Load is not taken into consideration for computation of performance. # Benchmark Index: NIFTY 50 Hybrid Composite Debt 50:50 Index (Total Returns Index). ## Additional Benchmark Index: NIFTY 50 Index (TRI). *Inception Date: February 01, 1994. Returns as on September 30, 2026. The above returns are of Regular Plan - Growth Option. Returns greater than 1 year period are compounded annualized (CAGR). N.A./NA: Not Available. TRI: Total Returns Index.

Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of the balanced nature of the scheme, where a portion of the scheme's investments are made in debt instruments. $$ All distributions declared prior to the splitting of the Scheme into IDCW & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-distribution NAV). As NIFTY 50 TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of NIFTY 50 PRI values from February 1, 1994 to June 29, 1999 and TRI values since June 30, 1999.

To view the performance of the other funds managed by the Fund manager, please click on the link in the description or visit - https://www.hdfcfund.com/mutual-funds/scheme-performance-summary-fund-manager-wise

Views expressed above are indicative and should not be construed as investment advice or as a substitute for financial planning.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.