In uncertain markets: balanced mutual funds offer the mix of growth and stability your portfolio needs.. HDFC Balanced Advantage Fund: It uses dynamic asset allocation to shift between equity and debt, helping smooth out volatility..ICICI Prudential Balanced Advantage Fund: This combines large-cap stability with flexible debt exposure, a smart fit for uncertain times..Aditya Birla Sun Life Balanced Advantage Fund: It offers a well-rounded hybrid approach that cushions downside while capturing upside..Axis Balanced Advantage Fund: This mutual fund stands out with over 14-15% 3-year returns and a dynamic mix that adapts to market shifts..Nippon India Balanced Advantage Fund: It keeps a disciplined allocation and is favored for balanced portfolios in testing times.. In volatile markets: mutual funds that hold both equity and debt ease the ride. You get growth potential and some downside protection..Look at NAV trends: expense ratio, fund house credibility, and how much equity-debt balance shifts during highs and lows..Aligned with your goal horizon (e.g., 5+ years): stay in these funds through cycles and revisit your allocations annually..Read More Stories.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp