Aditya Birla Sun Life Conservative Hybrid Fund vs Nippon India Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Conservative Hybrid Fund is a Conservative Hybrid fund and Nippon India Balanced Advantage Fund is a Balanced Advantage fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Conservative Hybrid Fund (Direct) returned 8.4% a year and Nippon India Balanced Advantage Fund (Direct) returned 10.1% a year. Aditya Birla Sun Life Conservative Hybrid Fund charges 0.96% a year and Nippon India Balanced Advantage Fund 0.89% (Direct plans). Their portfolios overlap 16.3%: they hold 32 of the same securities.
Aditya Birla Sun Life Conservative Hybrid Fund
Conservative Hybrid
- 3 year return
- 8.4%
- Expense ratio
- 0.96%
- NAV
- ₹78.04
Nippon India Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 10.1%
- Expense ratio
- 0.89%
- NAV
- ₹203.40
Which is better, Aditya Birla Sun Life Conservative Hybrid or Nippon 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.
- Nippon India Balanced Advantage returned more over 5 years: 9.1% a year against 7.7%.
- Nippon India Balanced Advantage returned more over 3 years: 10.1% a year against 8.4%.
- Nippon India Balanced Advantage costs less: 0.89% a year against 0.96% (Direct plans).
- Aditya Birla Sun Life Conservative Hybrid swung less over 3 years: a standard deviation of 3.3% a year against 8.0%.
- Aditya Birla Sun Life Conservative Hybrid fell less in its worst fall since 04-01-2013: −14.2% against −22.8%.
- Nippon India Balanced Advantage holds more in large companies: 52.5% of the fund in large caps against 14.8%.
- Nippon India Balanced Advantage is the larger fund: ₹9,532 Cr against ₹1,467 Cr.
- Their portfolios overlap 16.3%: 32 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 Conservative Hybrid Fund | Nippon India Balanced Advantage Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Nippon India Mutual Fund |
| Category | Conservative Hybrid | Balanced Advantage |
| AUM | ₹1,467 Cr (30-09-2026) | ₹9,532 Cr (30-09-2026) |
| NAV | ₹78.04 (Direct) | ₹203.40 (Direct) |
| Expense ratio (Direct) | 0.96% | 0.89% |
| Expense ratio (Regular) | 1.80% | 1.99% |
| Riskometer | Moderately High | Not available |
| Benchmark | CRISIL Hybrid 85+15 - Conservative Index | Not available |
| Launch date | 22-05-2004 | Not available |
| Minimum investment | ₹1,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Mohit Sharma, Harshil Suvarnkar | Not available |
| Exit load | 1% for redemption within 90 days. | Not available |
Aditya Birla Sun Life Conservative Hybrid vs Nippon 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 Conservative Hybrid Fund (Direct) | −0.46% | −1.57% | +1.16% | +1.68% | +8.39% | +7.69% | +8.08% |
| Nippon India Balanced Advantage Fund (Direct) | −0.47% | −3.59% | −0.09% | −1.36% | +10.07% | +9.08% | +10.59% |
| Conservative Hybrid average | −0.46% | −1.48% | +0.87% | +1.02% | +7.61% | +7.13% | +7.52% |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | +9.91% |
Category average: the average of the 18 Conservative Hybrid funds and the 38 Balanced Advantage funds, same plan type.
Aditya Birla Sun Life Conservative Hybrid vs Nippon India Balanced Advantage: Year-wise Returns
| Year | Aditya Birla Sun Life Conservative HybridAditya Birla Sun Life Conservative Hybrid | Nippon India Balanced AdvantageNippon India Balanced Advantage |
|---|---|---|
| 2026to date | +1.62% | −1.58% |
| 2025 | +8.09% | +8.58% |
| 2024 | +11.48% | +14.36% |
| 2023 | +10.66% | +18.94% |
| 2022 | +6.35% | +6.54% |
| 2021 | +14.29% | +17.38% |
Aditya Birla Sun Life Conservative Hybrid vs Nippon India Balanced Advantage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,620 of them, one for each trading day from 04-01-2016 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 Conservative Hybrid Fund (Direct)
Nippon India Balanced Advantage Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 Conservative Hybrid | 0.0 | 7.5 | 39.7 | 39.6 | 13.2 | 0.0 | 0.0 | 10.3% | 10.2% | 0.2% | 19.8% |
| Nippon India Balanced Advantage | 0.0 | 4.7 | 16.3 | 62.1 | 16.0 | 0.9 | 0.0 | 12.3% | 12.8% | 0.5% | 21.8% |
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 04-01-2013. Past returns do not promise future returns.
Aditya Birla Sun Life Conservative Hybrid vs Nippon 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 04-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Conservative HybridAditya Birla Sun Life Conservative Hybrid Fund (Direct) | ₹16,60,000 | ₹32,28,417 | ₹15,68,417 | 9.1% |
| Nippon India Balanced AdvantageNippon India Balanced Advantage Fund (Direct) | ₹16,60,000 | ₹37,26,882 | ₹20,66,882 | 11.0% |
Aditya Birla Sun Life Conservative HybridAditya Birla Sun Life Conservative Hybrid Fund (Direct)
Nippon India Balanced AdvantageNippon 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 Conservative Hybrid vs Nippon 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 Conservative Hybrid Fund (Direct) | Nippon India Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.68% | −1.36% |
| Standard deviation | 3.45% | 8.76% |
| Sharpe ratio | -1.03 | -0.75 |
| Sortino ratio | -1.38 | -1.01 |
| Maximum drawdown | −3.0% (30-03-2026) | −7.8% (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 Conservative Hybrid Fund (Direct) | Nippon India Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.39% | +10.07% |
| Standard deviation | 3.30% | 7.99% |
| Sharpe ratio | 0.72 | 0.51 |
| Sortino ratio | 1.00 | 0.69 |
| Maximum drawdown | −3.0% (30-03-2026) | −8.6% (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 Conservative Hybrid Fund (Direct) | Nippon India Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.69% | +9.08% |
| Standard deviation | 3.50% | 7.44% |
| Sharpe ratio | 0.54 | 0.44 |
| Sortino ratio | 0.76 | 0.60 |
| Maximum drawdown | −4.8% (17-06-2022) | −8.6% (28-02-2025) |
| 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 Conservative Hybrid Fund (Direct) | Nippon India Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.95% | +11.43% |
| Standard deviation | 4.90% | 11.09% |
| Sharpe ratio | 0.80 | 0.49 |
| Sortino ratio | 1.08 | 0.66 |
| Maximum drawdown | −14.2% (23-03-2020) | −22.8% (25-02-2016) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 04-01-2013 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 Conservative Hybrid Fund (Direct)
Nippon 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 Conservative Hybrid Fund (Direct) | −14.2% | 12-02-2020 | 23-03-2020 | 09-10-2020 | 7 months | −2.2% |
| Nippon India Balanced Advantage Fund (Direct) | −22.8% | 19-08-2015 | 25-02-2016 | 30-08-2016 | 6 months | −4.8% |
From daily values since 04-01-2013, 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 Conservative Hybrid Fund (Direct)
Nippon 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 Conservative Hybrid Fund (Direct)
Nippon 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 Conservative Hybrid Fund (Direct)
Nippon India Balanced Advantage Fund (Direct)
Aditya Birla Sun Life Conservative Hybrid vs Nippon India Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Conservative Hybrid Fund, September 2026; Nippon India Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 16.3%
- Held by both
- 32
- Only in Aditya Birla Sun Life Conservative Hybrid
- 91
- Only in Nippon India Balanced Advantage
- 106
| Security | % of Aditya Birla Sun Life Conservative Hybrid | % of Nippon India Balanced Advantage |
|---|---|---|
| ICICI Bank Ltd. | 1.86% | 5.56% |
| 7.48% National Bank for Agriculture and Rural Development (15/09/2028) | 2.54% | 1.56% |
| HDFC Bank Ltd. | 1.45% | 6.33% |
| 8.42% Muthoot Finance Ltd. (26/07/2029) (FRN) | 3.40% | 1.31% |
| Bharti Airtel Ltd. | 1.08% | 2.32% |
| 5.02% GMR Airports Ltd. (09/09/2029) | 1.69% | 0.78% |
| State Bank of India | 0.65% | 2.52% |
| Axis Bank Ltd. | 0.64% | 2.58% |
| Sun Pharmaceutical Industries Ltd. | 0.62% | 0.77% |
| Reliance Industries Ltd. | 0.61% | 2.49% |
| Tech Mahindra Ltd. | 0.57% | 0.63% |
| Nexus Select Trust | 0.60% | 0.55% |
| IndiGrid Infrastructure Trust | 0.74% | 0.44% |
| Larsen & Toubro Ltd. | 0.39% | 1.81% |
| Avenue Supermarts Ltd. | 0.36% | 0.55% |
| Bajaj Finance Ltd. | 0.36% | 1.56% |
| Raajmarg Infra Investment Trust | 0.35% | 0.46% |
| Infosys Ltd. | 0.34% | 2.30% |
| Eternal Ltd. | 0.33% | 1.86% |
| Mahindra & Mahindra Ltd. | 0.30% | 2.03% |
| Godrej Consumer Products Ltd. | 0.24% | 0.85% |
| SBI Life Insurance Co. Ltd. | 0.23% | 0.71% |
| LG Electronics India Ltd. | 0.23% | 0.65% |
| Piramal Finance Ltd. | 0.22% | 0.80% |
| Knowledge Realty Trust | 0.18% | 0.34% |
| NTPC Ltd. | 0.17% | 1.60% |
| 9.40% Vedanta Ltd. (20/02/2027) | 1.71% | 0.16% |
| Cube Highways Trust | 0.10% | 1.56% |
| ITC Ltd. | 0.08% | 0.99% |
| 8.95% Vedanta Ltd. (16/03/2029) | 1.71% | 0.05% |
| Government of India (15/04/2065) | 0.04% | 0.24% |
| 7.89% Bajaj Housing Finance Ltd. (08/09/2032) | 0.33% | 0.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 16.3% means 16.3% 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 Conservative Hybrid Fund
| Security | % of fund |
|---|---|
| 8.92% Cholamandalam Investment & Finance Co. Ltd. (02/12/2034) | 3.70% |
| 91 DAY T-BILL 27.11.26 | 3.38% |
| 7.79% Tata Capital Housing Finance Ltd. (18/06/2030) | 3.35% |
| JTPM Metal Traders Ltd. (29/09/2028) (ZCB) | 3.17% |
| 8.20% Adani Power Ltd. (25/01/2029) | 2.37% |
Largest holdings only in Nippon India Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Limited | 2.27% |
| Samvardhana Motherson International Limited | 1.24% |
| Mindspace Business Parks REIT | 1.15% |
| FSN E-Commerce Ventures Limited | 1.02% |
| Hindustan Unilever Limited | 1.01% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Conservative Hybrid | Nippon India Balanced Advantage |
|---|---|---|
| Equity | 20.4% | 71.7% |
| Debt | 72.2% | 18.6% |
| Cash and others | 7.4% | 9.7% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Conservative Hybrid | Nippon India Balanced Advantage |
|---|---|---|
| Large Cap | 14.8% | 52.5% |
| Mid Cap | 2.6% | 11.5% |
| Small Cap | 2.4% | 7.6% |
| Not on AMFI's list | 0.6% | 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 Conservative Hybrid | Nippon India Balanced Advantage |
|---|---|---|
| Banks | 5.4% | 19.9% |
| Retailing | 0.7% | 4.6% |
| IT - Software | 0.9% | 4.2% |
| Finance | 1.7% | 4.1% |
| Automobiles | 0.8% | 3.6% |
| Pharmaceuticals & Biotechnology | 1.2% | 3.6% |
| Telecom - Services | 1.1% | 2.3% |
| Healthcare Services | 1.5% | 0.3% |
| Non - Ferrous Metals | 1.2% | 0.6% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Conservative Hybrid vs Nippon India Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Conservative Hybrid Fund | Nippon India Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.96% | 0.89% |
| Base expense ratio (Direct) | 0.82% | 0.56% |
| Total expense ratio (Regular) | 1.80% | 1.99% |
| Base expense ratio (Regular) | 1.54% | 1.51% |
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
Compare Aditya Birla Sun Life Conservative Hybrid with
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Compare Nippon India Balanced Advantage with
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- Nippon India Balanced Advantage vs Aditya Birla Sun Life Balanced Advantage
- Nippon India Balanced Advantage vs Baroda BNP Paribas Balanced Advantage
- Nippon India Balanced Advantage vs Axis Balanced Advantage
- Nippon India Balanced Advantage vs WhiteOak Capital Balanced Advantage
Aditya Birla Sun Life Conservative Hybrid Fund vs Nippon India Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Conservative Hybrid Fund and Nippon India Balanced Advantage Fund?
Aditya Birla Sun Life Conservative Hybrid Fund is a Conservative Hybrid fund, Nippon India Balanced Advantage Fund is a Balanced Advantage fund, run by Aditya Birla Sun Life Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 16.3%. Aditya Birla Sun Life Conservative Hybrid Fund charges 0.96% a year and Nippon India Balanced Advantage Fund 0.89%.
Which has given higher returns, Aditya Birla Sun Life Conservative Hybrid Fund or Nippon India Balanced Advantage Fund?
Over 1 year: Aditya Birla Sun Life Conservative Hybrid Fund +1.68%, Nippon India Balanced Advantage Fund −1.36%. Over 3 years: Aditya Birla Sun Life Conservative Hybrid Fund +8.39% a year, Nippon India Balanced Advantage Fund +10.07% a year. Over 5 years: Aditya Birla Sun Life Conservative Hybrid Fund +7.69% a year, Nippon India Balanced Advantage Fund +9.08% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Conservative Hybrid Fund or Nippon India Balanced Advantage Fund?
Nippon India Balanced Advantage Fund charges less: 0.89% a year against 0.96%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Conservative Hybrid Fund and Nippon India Balanced Advantage Fund overlap?
16.3%. They hold 32 of the same securities, the largest shared ones being ICICIBANK, 7.48% National Bank for Agriculture and Rural Development (15/09/2028), HDFCBANK. From each fund's latest monthly portfolio.
Which is better for SIP, Aditya Birla Sun Life Conservative Hybrid Fund or Nippon 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 ₹7,35,345 in Aditya Birla Sun Life Conservative Hybrid Fund (XIRR 7.3% a year) and ₹7,54,281 in Nippon India Balanced Advantage Fund (XIRR 8.3% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Conservative Hybrid Fund and Nippon India Balanced Advantage Fund?
Yes. 16.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.