Aditya Birla Sun Life Balanced Advantage Fund vs PGIM India Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Balanced Advantage Fund and PGIM India Balanced Advantage Fund are both Balanced Advantage funds. In the 3 years to 30-10-2026, Aditya Birla Sun Life Balanced Advantage Fund (Direct) returned 11.6% a year and PGIM India Balanced Advantage Fund (Direct) returned 7.1% a year. Aditya Birla Sun Life Balanced Advantage Fund charges 0.89% a year and PGIM India Balanced Advantage Fund 0.90% (Direct plans). Their portfolios overlap 29.1%: they hold 33 of the same securities.
Aditya Birla Sun Life Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 11.6%
- Expense ratio
- 0.89%
- NAV
- ₹126.86
PGIM India Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 7.1%
- Expense ratio
- 0.90%
- NAV
- ₹15.90
Which is better, Aditya Birla Sun Life Balanced Advantage or PGIM India Balanced Advantage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Aditya Birla Sun Life Balanced Advantage returned more over 5 years: 9.7% a year against 6.8%.
- Aditya Birla Sun Life Balanced Advantage returned more over 3 years: 11.6% a year against 7.1%.
- Aditya Birla Sun Life Balanced Advantage costs less: 0.89% a year against 0.90% (Direct plans).
- Aditya Birla Sun Life Balanced Advantage swung less over 3 years: a standard deviation of 8.3% a year against 9.2%.
- Aditya Birla Sun Life Balanced Advantage fell less in its worst fall since 08-02-2021: −8.7% against −11.6%.
- PGIM India Balanced Advantage holds more in large companies: 56.6% of the fund in large caps against 39.7%.
- Aditya Birla Sun Life Balanced Advantage is the larger fund: ₹9,836 Cr against ₹681 Cr.
- Their portfolios overlap 29.1%: 33 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Balanced Advantage Fund | PGIM India Balanced Advantage Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | PGIM India Mutual Fund |
| Category | Balanced Advantage | Balanced Advantage |
| AUM | ₹9,836 Cr (30-09-2026) | ₹681 Cr (30-09-2026) |
| NAV | ₹126.86 (Direct) | ₹15.90 (Direct) |
| Expense ratio (Direct) | 0.89% | 0.90% |
| Expense ratio (Regular) | 1.95% | 2.51% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 50+50 - Moderate Index | CRISIL Hybrid 50+50 - Moderate Index |
| Launch date | 25-04-2000 | 04-02-2021 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Mohit Sharma, Harish Krishnan, Lovelish Solanki, Rohit Karan | Utsav Mehta, Anandha Padmanabhan Anjeneyan, Vinay Paharia, Puneet Pal |
| Exit load | Exit load of 0.25%, if redeemed within 7 days. | For Exits within 90 days from date of allotment of units: 0.50%; For Exits beyond 90 days from date of allotment of units: NIL. |
Aditya Birla Sun Life Balanced Advantage vs PGIM India Balanced Advantage: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Balanced Advantage Fund (Direct) | −0.15% | −2.24% | +2.10% | +2.18% | +11.60% | +9.68% | +10.59% |
| PGIM India Balanced Advantage Fund (Direct) | −0.19% | −4.85% | −2.09% | −6.19% | +7.11% | +6.77% | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | -- |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
Aditya Birla Sun Life Balanced Advantage vs PGIM India Balanced Advantage: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Balanced Advantage | PGIM IndiaPGIM India Balanced Advantage |
|---|---|---|
| 2026to date | +1.10% | −6.08% |
| 2025 | +11.30% | +8.04% |
| 2024 | +14.28% | +12.01% |
| 2023 | +17.93% | +17.37% |
| 2022 | +5.51% | +2.94% |
| 2021 | +14.82% | -- |
Aditya Birla Sun Life Balanced Advantage vs PGIM India Balanced Advantage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 673 of them, one for each trading day from 08-02-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Balanced Advantage Fund (Direct)
PGIM India Balanced Advantage Fund (Direct)
to
Apr 2024Oct 2021
to
Oct 2024Mar 2022
to
Mar 2025Sept 2022
to
Sept 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Balanced Advantage | 0.0 | 0.0 | 0.0 | 91.8 | 8.2 | 0.0 | 0.0 | 13.4% | 13.2% | 10.7% | 17.1% |
| PGIM India Balanced Advantage | 0.0 | 0.0 | 27.7 | 69.9 | 2.4 | 0.0 | 0.0 | 11.0% | 11.5% | 6.0% | 16.1% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 08-02-2021. Past returns do not promise future returns.
Aditya Birla Sun Life Balanced Advantage vs PGIM India Balanced Advantage: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-02-2021 to 30-10-2026: 69 instalments, ₹6,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Balanced AdvantageAditya Birla Sun Life Balanced Advantage Fund (Direct) | ₹6,90,000 | ₹9,22,418 | ₹2,32,418 | 10.0% |
| PGIM India Balanced AdvantagePGIM India Balanced Advantage Fund (Direct) | ₹6,90,000 | ₹8,19,406 | ₹1,29,406 | 5.9% |
Aditya Birla Sun Life Balanced AdvantageAditya Birla Sun Life Balanced Advantage Fund (Direct)
PGIM India Balanced AdvantagePGIM India Balanced Advantage Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Balanced Advantage vs PGIM India Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Balanced Advantage Fund (Direct) | PGIM India Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.18% | −6.19% |
| Standard deviation | 8.87% | 9.98% |
| Sharpe ratio | -0.35 | -1.15 |
| Sortino ratio | -0.48 | -1.52 |
| Maximum drawdown | −7.6% (30-03-2026) | −10.6% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Balanced Advantage Fund (Direct) | PGIM India Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.60% | +7.11% |
| Standard deviation | 8.29% | 9.20% |
| Sharpe ratio | 0.67 | 0.12 |
| Sortino ratio | 0.94 | 0.16 |
| Maximum drawdown | −8.7% (28-02-2025) | −10.7% (28-02-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Balanced Advantage Fund (Direct) | PGIM India Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.68% | +6.77% |
| Standard deviation | 7.74% | 8.96% |
| Sharpe ratio | 0.50 | 0.11 |
| Sortino ratio | 0.69 | 0.15 |
| Maximum drawdown | −8.7% (28-02-2025) | −11.6% (20-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Balanced Advantage Fund (Direct) | PGIM India Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.06% | +8.12% |
| Standard deviation | 9.68% | 8.55% |
| Sharpe ratio | 0.55 | 0.31 |
| Sortino ratio | 0.74 | 0.42 |
| Maximum drawdown | −26.4% (23-03-2020) | −11.6% (20-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 13-10-2014 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Balanced Advantage Fund (Direct)
PGIM India Balanced Advantage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Balanced Advantage Fund (Direct) | −8.7% | 27-09-2024 | 28-02-2025 | 12-05-2025 | 2 months | −3.9% |
| PGIM India Balanced Advantage Fund (Direct) | −11.6% | 05-04-2022 | 20-06-2022 | 16-08-2022 | 57 days | −7.0% |
From daily values since 08-02-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Balanced Advantage Fund (Direct)
PGIM India Balanced Advantage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Balanced Advantage Fund (Direct)
PGIM India Balanced Advantage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Balanced Advantage Fund (Direct)
PGIM India Balanced Advantage Fund (Direct)
Aditya Birla Sun Life Balanced Advantage vs PGIM India Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Balanced Advantage Fund, September 2026; PGIM India Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 29.1%
- Held by both
- 33
- Only in Aditya Birla Sun Life Balanced Advantage
- 104
- Only in PGIM India Balanced Advantage
- 58
| Security | % of Aditya Birla Sun Life Balanced Advantage | % of PGIM India Balanced Advantage |
|---|---|---|
| ICICI Bank Ltd. | 3.82% | 5.91% |
| HDFC Bank Ltd. | 2.67% | 5.41% |
| Reliance Industries Ltd. | 2.00% | 4.07% |
| State Bank of India | 1.94% | 2.40% |
| Infosys Ltd. | 1.49% | 1.88% |
| Axis Bank Ltd. | 1.68% | 1.32% |
| Bharti Airtel Ltd. | 1.07% | 3.21% |
| Kotak Mahindra Bank Ltd. | 2.95% | 1.05% |
| Larsen & Toubro Ltd. | 0.96% | 1.85% |
| SRF Ltd. | 0.89% | 1.23% |
| The Federal Bank Ltd. | 1.27% | 0.84% |
| Persistent Systems Ltd. | 0.98% | 0.81% |
| Hindalco Industries Ltd. | 1.16% | 0.80% |
| Eternal Ltd. | 0.79% | 1.62% |
| Jindal Steel Ltd. | 0.97% | 0.79% |
| Tech Mahindra Ltd. | 1.62% | 0.78% |
| ICICI Lombard General Insurance Company Ltd. | 0.75% | 0.76% |
| Abbott India Ltd. | 0.74% | 0.90% |
| United Spirits Ltd. | 0.85% | 0.70% |
| AU Small Finance Bank Ltd. | 0.69% | 0.70% |
| Ultratech Cement Ltd. | 0.68% | 0.76% |
| Mahindra & Mahindra Ltd. | 0.63% | 1.27% |
| Vishal Mega Mart Ltd. | 0.42% | 0.95% |
| Shriram Finance Ltd. | 0.41% | 0.44% |
| Asian Paints Ltd. | 0.67% | 0.41% |
| Tube Investments of India Ltd. | 0.41% | 0.51% |
| Blue Star Ltd. | 1.07% | 0.38% |
| Ashok Leyland Ltd. | 0.71% | 0.36% |
| ITC Ltd. | 0.26% | 0.38% |
| NTPC Ltd. | 0.15% | 1.49% |
| Sun Pharmaceutical Industries Ltd. | 0.08% | 0.93% |
| Varun Beverages Ltd. | 0.03% | 1.31% |
| Nestle India Ltd. | 0.03% | 0.58% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 29.1% means 29.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Balanced Advantage Fund
| Security | % of fund |
|---|---|
| IndiGrid Infrastructure Trust | 2.21% |
| Sona Blw Precision Forgings Ltd. | 1.60% |
| Government of India (24/07/2037) | 1.57% |
| 7.32% Axis Finance Ltd. (11/01/2029) (FRN) | 1.51% |
| Cholamandalam Investment & Finance Co. Ltd. | 1.48% |
Largest holdings only in PGIM India Balanced Advantage Fund
| Security | % of fund |
|---|---|
| 7.18% Government of India | 2.65% |
| Muthoot Finance Ltd. | 2.13% |
| Bajaj Finance Ltd. | 1.84% |
| 6.79% Government of India | 1.57% |
| Titan Company Ltd. | 1.47% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Balanced Advantage | PGIM India Balanced Advantage |
|---|---|---|
| Equity | 74.6% | 76.9% |
| Debt | 15.1% | 18.3% |
| Cash and others | 10.3% | 4.8% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Balanced Advantage | PGIM India Balanced Advantage |
|---|---|---|
| Large Cap | 39.7% | 56.6% |
| Mid Cap | 20.6% | 19.2% |
| Small Cap | 13.6% | 1.1% |
| Not on AMFI's list | 0.7% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life Balanced Advantage | PGIM India Balanced Advantage |
|---|---|---|
| Banks | 15.1% | 17.6% |
| IT - Software | 5.8% | 5.6% |
| Petroleum Products | 2.1% | 4.9% |
| Finance | 4.4% | 3.4% |
| Auto Components | 4.2% | 2.2% |
| Retailing | 4.2% | 4.1% |
| Automobiles | 1.7% | 4.2% |
| Pharmaceuticals & Biotechnology | 3.8% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Balanced Advantage vs PGIM India Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Balanced Advantage Fund | PGIM India Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.89% | 0.90% |
| Base expense ratio (Direct) | 0.59% | 0.69% |
| Total expense ratio (Regular) | 1.95% | 2.51% |
| Base expense ratio (Regular) | 1.50% | 2.05% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
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Aditya Birla Sun Life Balanced Advantage Fund vs PGIM India Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Balanced Advantage Fund and PGIM India Balanced Advantage Fund?
Both are Balanced Advantage funds, run by Aditya Birla Sun Life Mutual Fund and PGIM India Mutual Fund. Their portfolios overlap 29.1%. Aditya Birla Sun Life Balanced Advantage Fund charges 0.89% a year and PGIM India Balanced Advantage Fund 0.90%.
Which has given higher returns, Aditya Birla Sun Life Balanced Advantage Fund or PGIM India Balanced Advantage Fund?
Over 1 year: Aditya Birla Sun Life Balanced Advantage Fund +2.18%, PGIM India Balanced Advantage Fund −6.19%. Over 3 years: Aditya Birla Sun Life Balanced Advantage Fund +11.60% a year, PGIM India Balanced Advantage Fund +7.11% a year. Over 5 years: Aditya Birla Sun Life Balanced Advantage Fund +9.68% a year, PGIM India Balanced Advantage Fund +6.77% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Balanced Advantage Fund or PGIM India Balanced Advantage Fund?
Aditya Birla Sun Life Balanced Advantage Fund charges less: 0.89% a year against 0.90%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Balanced Advantage Fund and PGIM India Balanced Advantage Fund overlap?
29.1%. They hold 33 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Balanced Advantage Fund or PGIM India Balanced Advantage Fund?
On SEBI's riskometer, Aditya Birla Sun Life Balanced Advantage Fund is rated Very High and PGIM India Balanced Advantage Fund Very High. Over 3 years, the standard deviation of daily returns was 8.29% and 9.20% a year.
Which is better for SIP, Aditya Birla Sun Life Balanced Advantage Fund or PGIM India Balanced Advantage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,84,016 in Aditya Birla Sun Life Balanced Advantage Fund (XIRR 9.8% a year) and ₹6,99,287 in PGIM India Balanced Advantage Fund (XIRR 5.3% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Balanced Advantage Fund and PGIM India Balanced Advantage Fund?
Yes. 29.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Aditya Birla Sun Life Balanced Advantage Fund and PGIM India Balanced Advantage Fund?
Aditya Birla Sun Life Balanced Advantage Fund: Mohit Sharma, Harish Krishnan, Lovelish Solanki, Rohit Karan. PGIM India Balanced Advantage Fund: Utsav Mehta, Anandha Padmanabhan Anjeneyan, Vinay Paharia, Puneet Pal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.