Aditya Birla Sun Life Msci India ETF vs Bandhan Balanced Advantage Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Msci India ETF is an ETF fund and Bandhan Balanced Advantage Fund is a Balanced Advantage fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Bandhan Balanced Advantage Fund 1.07%. Their portfolios overlap 46.8%: they hold 72 of the same securities.
Aditya Birla Sun Life Msci India ETF
ETF
- Expense ratio
- 0.22%
- NAV
- ₹27.93
Bandhan Balanced Advantage Fund
Balanced Advantage
- Expense ratio
- 1.07%
- NAV
- ₹28.91
Which is better, Aditya Birla Sun Life Msci India ETF or Bandhan 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 Msci India ETF costs less: 0.22% a year against 1.07%.
- Bandhan Balanced Advantage fell less in its worst fall since 20-02-2026: −6.9% against −12.5%.
- Aditya Birla Sun Life Msci India ETF holds more in large companies: 80.6% of the fund in large caps against 47.8%.
- Bandhan Balanced Advantage is the larger fund: ₹2,286 Cr against ₹11 Cr.
- Their portfolios overlap 46.8%: 72 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 Msci India ETF | Bandhan Balanced Advantage Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Bandhan Mutual Fund |
| Category | ETF | Balanced Advantage |
| AUM | ₹11 Cr (30-09-2026) | ₹2,286 Cr (31-08-2026) |
| NAV | ₹27.93 | ₹28.91 (Direct) |
| Expense ratio (Direct) | Not available | 1.07% |
| Expense ratio (Regular) | Not available | 2.32% |
| Riskometer | Very High | Very High |
| Benchmark | MSCI India Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 17-02-2026 | 10-10-2014 |
| Minimum investment | For Subscription / Redemption of units directly with Mutual Fund: Subscription / Redemption facility directly with the Mutual Fund would be restricted to Market Makers and Large Investors. Units of the Scheme may be subscribed to / redeemed only in Creati | ₹1,000 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Manish Gunwani, Brijesh Shah, Vishal Biraia, Ritika Behera, Gaurav Satra |
| Exit load | NIL | Exit load of 0.50%, if redeemed within 90 days. |
Aditya Birla Sun Life Msci India ETF vs Bandhan 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 Msci India ETF | +0.29% | −5.96% | −3.50% | -- | -- | -- | -- |
| Bandhan Balanced Advantage Fund (Direct) | −0.67% | −2.07% | +0.95% | +0.64% | +9.42% | +7.66% | +9.67% |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | +9.91% |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
Aditya Birla Sun Life Msci India ETF vs Bandhan Balanced Advantage: Year-wise Returns
| Year | Aditya Birla Sun Life Msci India ETFAditya Birla Sun Life Msci India ETF | Bandhan Balanced AdvantageBandhan Balanced Advantage |
|---|---|---|
| 2026to date | -- | −0.37% |
| 2025 | -- | +6.45% |
| 2024 | -- | +16.06% |
| 2023 | -- | +16.45% |
| 2022 | -- | −0.44% |
| 2021 | -- | +17.25% |
Aditya Birla Sun Life Msci India ETF vs Bandhan Balanced Advantage: Rolling Returns
Every holding period of both funds
Aditya Birla Sun Life Msci India ETF vs Bandhan 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 Msci India ETF | Bandhan Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.53% | +9.19% |
| Standard deviation | 15.37% | 8.51% |
| Sharpe ratio | -1.03 | 0.41 |
| Sortino ratio | -1.35 | 0.55 |
| Maximum drawdown | −12.5% (31-03-2026) | −25.9% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 20-02-2026 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 Msci India ETF
Bandhan 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 Msci India ETF | −12.5% | 23-02-2026 | 31-03-2026 | 03-08-2026 | 4 months | −7.9% |
| Bandhan Balanced Advantage Fund (Direct) | −6.9% | 23-02-2026 | 30-03-2026 | 21-04-2026 | 22 days | −3.5% |
From daily values since 20-02-2026, the first day every fund has.
Aditya Birla Sun Life Msci India ETF vs Bandhan Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; Bandhan Balanced Advantage Fund, August 2026
Holdings in common
- Overlap
- 46.8%
- Held by both
- 72
- Only in Aditya Birla Sun Life Msci India ETF
- 93
- Only in Bandhan Balanced Advantage
- 70
| Security | % of Aditya Birla Sun Life Msci India ETF | % of Bandhan Balanced Advantage |
|---|---|---|
| ICICI Bank Ltd. | 5.59% | 4.27% |
| Reliance Industries Ltd. | 5.44% | 3.91% |
| Bharti Airtel Ltd. | 3.93% | 3.63% |
| HDFC Bank Ltd. | 6.44% | 3.14% |
| Larsen & Toubro Ltd. | 2.02% | 2.16% |
| Axis Bank Ltd. | 2.25% | 1.93% |
| Bajaj Finance Ltd. | 1.91% | 3.58% |
| Kotak Mahindra Bank Ltd. | 1.82% | 1.82% |
| State Bank of India | 1.41% | 1.83% |
| Titan Company Ltd. | 1.30% | 1.26% |
| Mahindra & Mahindra Ltd. | 2.05% | 1.25% |
| Infosys Ltd. | 2.41% | 1.18% |
| Ultratech Cement Ltd. | 0.90% | 1.96% |
| Interglobe Aviation Ltd. | 0.75% | 1.15% |
| Tata Consultancy Services Ltd. | 1.33% | 0.71% |
| Shriram Finance Ltd. | 1.11% | 0.70% |
| Sun Pharmaceutical Industries Ltd. | 1.30% | 0.68% |
| NTPC Ltd. | 1.12% | 0.67% |
| JSW Steel Ltd. | 0.61% | 0.83% |
| Adani Enterprises Ltd. | 0.59% | 0.56% |
| Divi's Laboratories Ltd. | 0.88% | 0.55% |
| Eternal Ltd. | 1.22% | 0.52% |
| One 97 Communications Ltd. | 0.51% | 1.97% |
| Adani Ports and Special Economic Zone Ltd. | 0.83% | 0.48% |
| Tech Mahindra Ltd. | 0.66% | 0.45% |
| Varun Beverages Ltd. | 0.44% | 0.95% |
| Tata Power Company Ltd. | 0.43% | 0.87% |
| Jio Financial Services Ltd. | 0.46% | 0.43% |
| Britannia Industries Ltd. | 0.42% | 0.48% |
| IndusInd Bank Ltd. | 0.41% | 0.79% |
| HDFC Life Insurance Company Ltd. | 0.41% | 0.65% |
| Bharat Electronics Ltd. | 1.07% | 0.39% |
| Torrent Pharmaceuticals Ltd. | 0.55% | 0.38% |
| SBI Life Insurance Co. Ltd. | 0.61% | 0.36% |
| Eicher Motors Ltd. | 0.78% | 0.35% |
| Aurobindo Pharma Ltd. | 0.35% | 0.52% |
| United Spirits Ltd. | 0.31% | 0.70% |
| FSN E-Commerce Ventures Ltd. | 0.31% | 0.40% |
| Fortis Healthcare Ltd. | 0.30% | 0.44% |
| Wipro Ltd. | 0.29% | 0.45% |
| ICICI Lombard General Insurance Company Ltd. | 0.31% | 0.29% |
| The Phoenix Mills Ltd. | 0.29% | 0.58% |
| Vedanta Ltd. | 0.28% | 0.42% |
| IDFC First Bank Ltd. | 0.27% | 0.74% |
| Ashok Leyland Ltd. | 0.34% | 0.25% |
| Marico Ltd. | 0.33% | 0.24% |
| GAIL (India) Ltd. | 0.31% | 0.24% |
| National Aluminium Company Ltd. | 0.22% | 0.64% |
| Tata Steel Ltd. | 1.10% | 0.22% |
| UPL Ltd. | 0.22% | 0.49% |
| Mankind Pharma Ltd. | 0.21% | 0.28% |
| Mphasis Ltd. | 0.20% | 0.41% |
| LTM Ltd. | 0.20% | 0.49% |
| Samvardhana Motherson International Ltd. | 0.55% | 0.18% |
| Punjab National Bank | 0.21% | 0.18% |
| Ambuja Cements Ltd. | 0.18% | 0.32% |
| Torrent Power Ltd. | 0.18% | 0.38% |
| Adani Power Ltd. | 0.53% | 0.17% |
| Bajaj Auto Ltd. | 0.58% | 0.14% |
| CG Power and Industrial Solutions Ltd. | 0.43% | 0.14% |
| Indus Towers Ltd. | 0.37% | 0.14% |
| Godrej Properties Ltd. | 0.18% | 0.13% |
| Power Grid Corporation of India Ltd. | 0.87% | 0.12% |
| Hero MotoCorp Ltd. | 0.50% | 0.12% |
| Grasim Industries Ltd. | 0.66% | 0.11% |
| Cipla Ltd. | 0.54% | 0.11% |
| Polycab India Ltd. | 0.34% | 0.11% |
| Bajaj Finserv Ltd. | 0.53% | 0.07% |
| Adani Energy Solutions Ltd. | 0.22% | 0.07% |
| ICICI Prudential Life Insurance Company Ltd. | 0.13% | 0.07% |
| Maruti Suzuki India Ltd. | 1.13% | 0.03% |
| ITC Ltd. | 0.63% | 0.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 46.8% means 46.8% 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 Msci India ETF
| Security | % of fund |
|---|---|
| Hindustan Unilever Ltd. | 1.06% |
| Hindalco Industries Ltd. | 0.97% |
| HCL Technologies Ltd. | 0.86% |
| TVS Motor Company Ltd. | 0.78% |
| Asian Paints Ltd. | 0.73% |
Largest holdings only in Bandhan Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Axis Bank Limited | 4.23% |
| 7.53% Bajaj Housing Finance Limited | 2.16% |
| Bank of Baroda | 2.15% |
| Small Industries Dev Bank of India | 2.12% |
| Sundaram Finance Limited | 2.12% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Msci India ETF | Bandhan Balanced Advantage |
|---|---|---|
| Equity | 99.8% | 69.7% |
| Debt | 0.0% | 28.5% |
| Cash and others | 0.2% | 1.8% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Msci India ETF | Bandhan Balanced Advantage |
|---|---|---|
| Large Cap | 80.6% | 47.8% |
| Mid Cap | 19.2% | 13.0% |
| Small Cap | 0.0% | 8.3% |
| Not on AMFI's list | 0.0% | 0.5% |
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 Msci India ETF | Bandhan Balanced Advantage |
|---|---|---|
| Banks | 20.3% | 15.2% |
| Finance | 6.3% | 6.7% |
| IT - Software | 6.6% | 3.7% |
| Petroleum Products | 6.4% | 3.9% |
| Automobiles | 6.2% | 1.9% |
| Pharmaceuticals & Biotechnology | 5.6% | 3.5% |
| Telecom - Services | 4.7% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs Bandhan Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | Bandhan Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.07% |
| Base expense ratio (Direct) | 0.00% | 0.67% |
| Total expense ratio (Regular) | Not available | 2.32% |
| Base expense ratio (Regular) | 0.16% | 1.74% |
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 Bandhan Balanced Advantage with
- Bandhan Balanced Advantage vs quant Dynamic Asset Allocation
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- Bandhan Balanced Advantage vs Baroda BNP Paribas Balanced Advantage
- Bandhan Balanced Advantage vs Axis Balanced Advantage
- Bandhan Balanced Advantage vs WhiteOak Capital Balanced Advantage
Aditya Birla Sun Life Msci India ETF vs Bandhan Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and Bandhan Balanced Advantage Fund?
Aditya Birla Sun Life Msci India ETF is an ETF fund, Bandhan Balanced Advantage Fund is a Balanced Advantage fund, run by Aditya Birla Sun Life Mutual Fund and Bandhan Mutual Fund. Their portfolios overlap 46.8%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Bandhan Balanced Advantage Fund 1.07%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or Bandhan Balanced Advantage Fund?
Aditya Birla Sun Life Msci India ETF charges less: 0.22% a year against 1.07%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Msci India ETF and Bandhan Balanced Advantage Fund overlap?
46.8%. They hold 72 of the same securities, the largest shared ones being ICICIBANK, RELIANCE, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Msci India ETF or Bandhan Balanced Advantage Fund?
On SEBI's riskometer, Aditya Birla Sun Life Msci India ETF is rated Very High and Bandhan Balanced Advantage Fund Very High. Over their common history, the standard deviation of daily returns was 15.37% and 8.51% a year.
Can I invest in both Aditya Birla Sun Life Msci India ETF and Bandhan Balanced Advantage Fund?
Yes. 46.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Aditya Birla Sun Life Msci India ETF and Bandhan Balanced Advantage Fund?
Aditya Birla Sun Life Msci India ETF: Priya Sridhar, Mehul Dama. Bandhan Balanced Advantage Fund: Manish Gunwani, Brijesh Shah, Vishal Biraia, Ritika Behera, Gaurav Satra.
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.