Aditya Birla Sun Life Msci India ETF vs Mirae Asset 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 Mirae Asset Balanced Advantage Fund is a Balanced Advantage fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Mirae Asset Balanced Advantage Fund 0.99%. Their portfolios overlap 45.0%: they hold 67 of the same securities.
Aditya Birla Sun Life Msci India ETF
ETF
- Expense ratio
- 0.22%
- NAV
- ₹27.93
Mirae Asset Balanced Advantage Fund
Balanced Advantage
- Expense ratio
- 0.99%
- NAV
- ₹15.20
Which is better, Aditya Birla Sun Life Msci India ETF or Mirae Asset 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 0.99%.
- Mirae Asset 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 46.6%.
- Mirae Asset Balanced Advantage is the larger fund: ₹2,109 Cr against ₹11 Cr.
- Their portfolios overlap 45.0%: 67 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 | Mirae Asset Balanced Advantage Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | Balanced Advantage |
| AUM | ₹11 Cr (30-09-2026) | ₹2,109 Cr (30-09-2026) |
| NAV | ₹27.93 | ₹15.20 (Direct) |
| Expense ratio (Direct) | Not available | 0.99% |
| Expense ratio (Regular) | Not available | 2.29% |
| Riskometer | Very High | Very High |
| Benchmark | MSCI India Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 17-02-2026 | 11-08-2022 |
| 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 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Harshad Borawake, Basant Bafna |
| Exit load | NIL | Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days. |
Aditya Birla Sun Life Msci India ETF vs Mirae Asset 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% | -- | -- | -- | -- |
| Mirae Asset Balanced Advantage Fund (Direct) | −0.24% | −1.80% | +0.68% | +0.72% | +10.13% | -- | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
Aditya Birla Sun Life Msci India ETF vs Mirae Asset Balanced Advantage: Year-wise Returns
| Year | Aditya Birla Sun Life Msci India ETFAditya Birla Sun Life Msci India ETF | Mirae Asset Balanced AdvantageMirae Asset Balanced Advantage |
|---|---|---|
| 2026to date | -- | −0.48% |
| 2025 | -- | +10.10% |
| 2024 | -- | +12.72% |
| 2023 | -- | +19.85% |
Aditya Birla Sun Life Msci India ETF vs Mirae Asset Balanced Advantage: Rolling Returns
Every holding period of both funds
Aditya Birla Sun Life Msci India ETF vs Mirae Asset 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 | Mirae Asset Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.53% | +10.40% |
| Standard deviation | 15.37% | 7.00% |
| Sharpe ratio | -1.03 | 0.61 |
| Sortino ratio | -1.35 | 0.84 |
| Maximum drawdown | −12.5% (31-03-2026) | −7.5% (28-02-2025) |
| 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
Mirae Asset 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% |
| Mirae Asset Balanced Advantage Fund (Direct) | −6.9% | 23-02-2026 | 30-03-2026 | 02-07-2026 | 3 months | −3.0% |
From daily values since 20-02-2026, the first day every fund has.
Aditya Birla Sun Life Msci India ETF vs Mirae Asset Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; Mirae Asset Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 45.0%
- Held by both
- 67
- Only in Aditya Birla Sun Life Msci India ETF
- 98
- Only in Mirae Asset Balanced Advantage
- 66
| Security | % of Aditya Birla Sun Life Msci India ETF | % of Mirae Asset Balanced Advantage |
|---|---|---|
| HDFC Bank Ltd. | 6.44% | 4.70% |
| ICICI Bank Ltd. | 5.59% | 3.52% |
| Bharti Airtel Ltd. | 3.93% | 2.82% |
| Reliance Industries Ltd. | 5.44% | 2.72% |
| Axis Bank Ltd. | 2.25% | 1.74% |
| Mahindra & Mahindra Ltd. | 2.05% | 1.52% |
| State Bank of India | 1.41% | 2.64% |
| Kotak Mahindra Bank Ltd. | 1.82% | 1.12% |
| Larsen & Toubro Ltd. | 2.02% | 1.11% |
| Shriram Finance Ltd. | 1.11% | 1.17% |
| Tata Steel Ltd. | 1.10% | 1.44% |
| Eternal Ltd. | 1.22% | 1.06% |
| Sun Pharmaceutical Industries Ltd. | 1.30% | 1.05% |
| Titan Company Ltd. | 1.30% | 1.02% |
| Maruti Suzuki India Ltd. | 1.13% | 0.98% |
| Bajaj Finance Ltd. | 1.91% | 0.94% |
| Hindalco Industries Ltd. | 0.97% | 0.89% |
| Divi's Laboratories Ltd. | 0.88% | 0.86% |
| Adani Ports and Special Economic Zone Ltd. | 0.83% | 0.95% |
| TVS Motor Company Ltd. | 0.78% | 0.95% |
| Infosys Ltd. | 2.41% | 0.77% |
| Tata Consultancy Services Ltd. | 1.33% | 0.76% |
| NTPC Ltd. | 1.12% | 0.67% |
| Bharat Electronics Ltd. | 1.07% | 0.66% |
| SBI Life Insurance Co. Ltd. | 0.61% | 1.39% |
| Laurus Labs Ltd. | 0.55% | 1.24% |
| JSW Steel Ltd. | 0.61% | 0.53% |
| ITC Ltd. | 0.63% | 0.46% |
| Dr. Reddy's Laboratories Ltd. | 0.49% | 0.45% |
| Vedanta Aluminium Metal Ltd. | 0.45% | 0.61% |
| Avenue Supermarts Ltd. | 0.44% | 0.67% |
| Varun Beverages Ltd. | 0.44% | 0.58% |
| Bharat Petroleum Corporation Ltd. | 0.39% | 0.56% |
| Torrent Pharmaceuticals Ltd. | 0.55% | 0.36% |
| Adani Enterprises Ltd. | 0.59% | 0.36% |
| Tata Motors Passenger Vehicles Ltd. | 0.42% | 0.35% |
| Oil & Natural Gas Corporation Ltd. | 0.46% | 0.34% |
| Multi Commodity Exchange of India Ltd. | 0.33% | 0.89% |
| Jindal Steel Ltd. | 0.32% | 0.55% |
| Apollo Hospitals Enterprise Ltd. | 0.65% | 0.31% |
| Aurobindo Pharma Ltd. | 0.35% | 0.31% |
| Godrej Consumer Products Ltd. | 0.26% | 0.38% |
| Ultratech Cement Ltd. | 0.90% | 0.26% |
| Tech Mahindra Ltd. | 0.66% | 0.25% |
| Siemens Energy India Ltd. | 0.21% | 0.23% |
| Mphasis Ltd. | 0.20% | 0.25% |
| Power Finance Corporation Ltd. | 0.34% | 0.20% |
| Vishal Mega Mart Ltd. | 0.19% | 0.28% |
| BSE Ltd. | 0.49% | 0.18% |
| Eicher Motors Ltd. | 0.78% | 0.18% |
| Ambuja Cements Ltd. | 0.18% | 0.74% |
| JSW Energy Ltd. | 0.18% | 0.46% |
| Canara Bank | 0.17% | 0.28% |
| Interglobe Aviation Ltd. | 0.75% | 0.17% |
| HDFC Life Insurance Company Ltd. | 0.41% | 0.17% |
| HDFC Asset Management Co. Ltd. | 0.35% | 0.16% |
| The Federal Bank Ltd. | 0.46% | 0.14% |
| Nestle India Ltd. | 0.60% | 0.13% |
| United Spirits Ltd. | 0.31% | 0.11% |
| Tata Power Company Ltd. | 0.43% | 0.08% |
| Bank of Baroda | 0.19% | 0.08% |
| The Indian Hotels Company Ltd. | 0.48% | 0.08% |
| Bharat Heavy Electricals Ltd. | 0.40% | 0.08% |
| Ashok Leyland Ltd. | 0.34% | 0.06% |
| Punjab National Bank | 0.21% | 0.05% |
| Cipla Ltd. | 0.54% | 0.04% |
| Asian Paints Ltd. | 0.73% | 0.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 45.0% means 45.0% 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% |
| Power Grid Corporation of India Ltd. | 0.87% |
| HCL Technologies Ltd. | 0.86% |
| Grasim Industries Ltd. | 0.66% |
| Hindustan Aeronautics Ltd. | 0.62% |
Largest holdings only in Mirae Asset Balanced Advantage Fund
| Security | % of fund |
|---|---|
| 7.18% Government of India (MD 14/08/2033) | 3.34% |
| 7.60% Torrent Pharmaceuticals Ltd. (MD 19/01/2029) | 2.34% |
| 7.53% Bajaj Housing Finance Ltd. (MD 28/09/2029) | 2.33% |
| 7.63% Mindspace Business Parks Reit (MD 26/09/2028) | 2.31% |
| 7.10% Government of India (MD 08/04/2034) | 1.63% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Msci India ETF | Mirae Asset Balanced Advantage |
|---|---|---|
| Equity | 99.8% | 66.2% |
| Debt | 0.0% | 29.4% |
| Cash and others | 0.2% | 4.5% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Msci India ETF | Mirae Asset Balanced Advantage |
|---|---|---|
| Large Cap | 80.6% | 46.6% |
| Mid Cap | 19.2% | 7.6% |
| Small Cap | 0.0% | 9.2% |
| Not on AMFI's list | 0.0% | 2.8% |
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 | Mirae Asset Balanced Advantage |
|---|---|---|
| Banks | 20.3% | 14.3% |
| IT - Software | 6.6% | 2.3% |
| Petroleum Products | 6.4% | 3.3% |
| Finance | 6.3% | 2.3% |
| Automobiles | 6.2% | 4.0% |
| Pharmaceuticals & Biotechnology | 5.6% | 6.1% |
| Telecom - Services | 4.7% | 2.8% |
| Consumer Durables | 2.8% | 2.8% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs Mirae Asset Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | Mirae Asset Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.99% |
| Base expense ratio (Direct) | 0.00% | 0.65% |
| Total expense ratio (Regular) | Not available | 2.29% |
| Base expense ratio (Regular) | 0.16% | 1.75% |
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 Msci India ETF vs Mirae Asset Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and Mirae Asset Balanced Advantage Fund?
Aditya Birla Sun Life Msci India ETF is an ETF fund, Mirae Asset Balanced Advantage Fund is a Balanced Advantage fund, run by Aditya Birla Sun Life Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 45.0%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Mirae Asset Balanced Advantage Fund 0.99%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or Mirae Asset Balanced Advantage Fund?
Aditya Birla Sun Life Msci India ETF charges less: 0.22% a year against 0.99%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Msci India ETF and Mirae Asset Balanced Advantage Fund overlap?
45.0%. They hold 67 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Msci India ETF or Mirae Asset Balanced Advantage Fund?
On SEBI's riskometer, Aditya Birla Sun Life Msci India ETF is rated Very High and Mirae Asset Balanced Advantage Fund Very High. Over their common history, the standard deviation of daily returns was 15.37% and 7.00% a year.
Can I invest in both Aditya Birla Sun Life Msci India ETF and Mirae Asset Balanced Advantage Fund?
Yes. 45.0% 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 Mirae Asset Balanced Advantage Fund?
Aditya Birla Sun Life Msci India ETF: Priya Sridhar, Mehul Dama. Mirae Asset Balanced Advantage Fund: Harshad Borawake, Basant Bafna.
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.