Centurion Prudence Fund was launched in January 1994, it was renamed to Zurich India Prudence Fund, then to HDFC Prudence Fund and finally to HDFC Balanced Advantage Fund in June 2018.
This mutual fund aims to create returns through dynamic asset allocation between equity and debt.
It invests at least 65% of its portfolio in equities, including both hedged and unhedged equity derivatives.
As of January 2026, the AUM is ₹1,08,205 Cr.