Top 5 SWP Funds for Senior Citizens in September 2026 Based on 5-Year CAGR

For senior citizens seeking steady income through Systematic Withdrawal Plans (SWP), selecting the right fund is crucial. As of September 2026, several funds have demonstrated strong performance based on their 5-year Compound Annual Growth Rate (CAGR). Here, we explore the top 5 SWP funds for senior citizens based on this metric. 

Top 5 SWP Funds for Senior Citizens for September 2026 

Note: In the above data, the NAV is as of August 31, 2026, and AUM as of July 31, 2026. 

HDFC Balanced Advantage Fund 

Managed by Gopal Agrawal, the HDFC Balanced Advantage Fund boasts an AUM of ₹1,07,765.6 crore and an expense ratio of 1.28%. Launched on September 11, 2000, it follows the NIFTY 50 Hybrid Composite Debt 50:50 Index. The fund's NAV stands at ₹525.84, with a 5-year return of 14.64%. 

ICICI Prudential Balanced Advantage Fund  

Rajat Chandak manages this ICICI Prudential Balanced Advantage Fund, which has an AUM of ₹74,555.4 crore and an expense ratio of 1.55%. Since its inception on December 30, 2006, it has followed the CRISIL Hybrid 50+50 - Moderate Index. The fund's NAV is ₹79.94, with a 5-year return of 10.84%. 

Baroda BNP Paribas Balanced Advantage Fund 

Jitendra Sriram manages this Baroda BNP Paribas Balanced Advantage Fund with an AUM of ₹5,166.2 crore and an expense ratio of 2.16%. Launched on November 14, 2018, it tracks the BSE 200 Index. The NAV is ₹26.3, with a 5-year return of 10.66%. 

Bank of India Balanced Advantage Fund 

Managed by Alok Singh, this Bank of India Balanced Advantage Fund has an AUM of ₹177.6 crore and an expense ratio of 2.64%. It was launched on March 14, 2014, and follows the NIFTY 50 Hybrid Composite Debt 50:50 Index. The NAV is ₹26.15, with a 5-year return of 9.77%. 

SBI Balanced Advantage Fund 

Dinesh Balachandran manages this SBI Balanced Advantage fund, which has an AUM of ₹42,244.3 crore and an expense ratio of 1.68%. Launched on August 31, 2021, it follows the NIFTY 50 Hybrid Composite Debt 50:50 Index. The NAV is ₹15.86, with a 5-year return of 9.65%. 

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Conclusion 

The top 5 SWP funds for senior citizens in September 2026, based on 5-year CAGR, include HDFC Balanced Advantage Fund with 14.64%, ICICI Prudential Balanced Advantage Fund with 10.84%, and SBI Balanced Advantage Fund with 9.65%. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. 

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