Aditya Birla Sun Life Msci India ETF vs NJ 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 NJ Balanced Advantage Fund is a Balanced Advantage fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and NJ Balanced Advantage Fund 1.10%. Their portfolios overlap 40.8%: they hold 88 of the same securities.
Aditya Birla Sun Life Msci India ETF
ETF
- Expense ratio
- 0.22%
- NAV
- ₹27.93
NJ Balanced Advantage Fund
Balanced Advantage
- Expense ratio
- 1.10%
- NAV
- ₹14.13
Which is better, Aditya Birla Sun Life Msci India ETF or NJ 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 1.10%.
- NJ 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 56.7%.
- Their portfolios overlap 40.8%: 88 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 | NJ Balanced Advantage Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | NJ Mutual Fund |
| Category | ETF | Balanced Advantage |
| AUM | ₹11 Cr (30-09-2026) | Not available |
| NAV | ₹27.93 | ₹14.13 (Direct) |
| Expense ratio (Direct) | Not available | 1.10% |
| Expense ratio (Regular) | Not available | 2.39% |
| Riskometer | Very High | Very High |
| Benchmark | MSCI India Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 17-02-2026 | 29-10-2021 |
| 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 | ₹500 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Dhaval Patel, Viral Shah, Jaimin Ilavia |
| Exit load | NIL | Nil |
Aditya Birla Sun Life Msci India ETF vs NJ 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% | -- | -- | -- | -- |
| NJ Balanced Advantage Fund (Direct) | −0.49% | −3.81% | +0.57% | −1.53% | +7.67% | -- | -- |
| 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 NJ Balanced Advantage: Year-wise Returns
| Year | Aditya Birla Sun Life Msci India ETFAditya Birla Sun Life Msci India ETF | NJ Balanced AdvantageNJ Balanced Advantage |
|---|---|---|
| 2026to date | -- | −2.08% |
| 2025 | -- | +2.78% |
| 2024 | -- | +11.52% |
| 2023 | -- | +24.53% |
| 2022 | -- | +1.10% |
Aditya Birla Sun Life Msci India ETF vs NJ Balanced Advantage: Rolling Returns
Every holding period of both funds
Aditya Birla Sun Life Msci India ETF vs NJ 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 | NJ Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.53% | +7.15% |
| Standard deviation | 15.37% | 8.02% |
| Sharpe ratio | -1.03 | 0.17 |
| Sortino ratio | -1.35 | 0.22 |
| Maximum drawdown | −12.5% (31-03-2026) | −14.8% (07-04-2025) |
| 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
NJ 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% |
| NJ Balanced Advantage Fund (Direct) | −6.9% | 25-02-2026 | 30-03-2026 | 02-07-2026 | 3 months | −4.7% |
From daily values since 20-02-2026, the first day every fund has.
Aditya Birla Sun Life Msci India ETF vs NJ Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; NJ Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 40.8%
- Held by both
- 88
- Only in Aditya Birla Sun Life Msci India ETF
- 77
- Only in NJ Balanced Advantage
- 53
| Security | % of Aditya Birla Sun Life Msci India ETF | % of NJ Balanced Advantage |
|---|---|---|
| HDFC Bank Ltd. | 6.44% | 5.60% |
| Reliance Industries Ltd. | 5.44% | 4.63% |
| ICICI Bank Ltd. | 5.59% | 4.14% |
| Kotak Mahindra Bank Ltd. | 1.82% | 1.84% |
| Axis Bank Ltd. | 2.25% | 1.58% |
| Bajaj Finance Ltd. | 1.91% | 1.52% |
| Sun Pharmaceutical Industries Ltd. | 1.30% | 2.64% |
| State Bank of India | 1.41% | 0.97% |
| Bharti Airtel Ltd. | 3.93% | 0.89% |
| Eicher Motors Ltd. | 0.78% | 2.74% |
| Mahindra & Mahindra Ltd. | 2.05% | 0.70% |
| Infosys Ltd. | 2.41% | 0.70% |
| Tech Mahindra Ltd. | 0.66% | 0.80% |
| ITC Ltd. | 0.63% | 2.36% |
| Hindustan Aeronautics Ltd. | 0.62% | 0.75% |
| Nestle India Ltd. | 0.60% | 1.84% |
| Bajaj Auto Ltd. | 0.58% | 0.78% |
| Torrent Pharmaceuticals Ltd. | 0.55% | 3.61% |
| HCL Technologies Ltd. | 0.86% | 0.54% |
| Cipla Ltd. | 0.54% | 2.45% |
| Hero MotoCorp Ltd. | 0.50% | 1.61% |
| Dr. Reddy's Laboratories Ltd. | 0.49% | 2.17% |
| Oil & Natural Gas Corporation Ltd. | 0.46% | 1.92% |
| Tata Consultancy Services Ltd. | 1.33% | 0.44% |
| Britannia Industries Ltd. | 0.42% | 2.47% |
| Hindalco Industries Ltd. | 0.97% | 0.37% |
| Asian Paints Ltd. | 0.73% | 0.36% |
| Titan Company Ltd. | 1.30% | 0.36% |
| HDFC Asset Management Co. Ltd. | 0.35% | 1.44% |
| Jio Financial Services Ltd. | 0.46% | 0.34% |
| Adani Ports and Special Economic Zone Ltd. | 0.83% | 0.34% |
| Pidilite Industries Ltd. | 0.33% | 1.76% |
| Marico Ltd. | 0.33% | 3.17% |
| Tata Power Company Ltd. | 0.43% | 0.29% |
| IDFC First Bank Ltd. | 0.27% | 0.35% |
| Vodafone Idea Ltd. | 0.27% | 0.50% |
| Maruti Suzuki India Ltd. | 1.13% | 0.25% |
| Yes Bank Ltd. | 0.25% | 0.49% |
| ABB India Ltd. | 0.24% | 0.52% |
| Muthoot Finance Ltd. | 0.24% | 0.72% |
| NTPC Ltd. | 1.12% | 0.24% |
| Aditya Birla Capital Ltd. | 0.23% | 0.51% |
| Bosch Ltd. | 0.22% | 3.55% |
| Punjab National Bank | 0.21% | 0.21% |
| Mphasis Ltd. | 0.20% | 0.70% |
| Divi's Laboratories Ltd. | 0.88% | 0.20% |
| HDFC Life Insurance Company Ltd. | 0.41% | 0.20% |
| Ultratech Cement Ltd. | 0.90% | 0.20% |
| Adani Enterprises Ltd. | 0.59% | 0.20% |
| Adani Power Ltd. | 0.53% | 0.18% |
| Tata Steel Ltd. | 1.10% | 0.18% |
| Ambuja Cements Ltd. | 0.18% | 0.35% |
| Page Industries Ltd. | 0.17% | 1.55% |
| Canara Bank | 0.17% | 0.48% |
| Alkem Laboratories Ltd. | 0.17% | 2.22% |
| Havells India Ltd. | 0.17% | 0.81% |
| Colgate Palmolive (India) Ltd. | 0.16% | 0.91% |
| Coal India Ltd. | 0.52% | 0.15% |
| SBI Life Insurance Co. Ltd. | 0.61% | 0.13% |
| Larsen & Toubro Ltd. | 2.02% | 0.12% |
| The Phoenix Mills Ltd. | 0.29% | 0.11% |
| Adani Energy Solutions Ltd. | 0.22% | 0.11% |
| Hindustan Unilever Ltd. | 1.06% | 0.09% |
| UPL Ltd. | 0.22% | 0.07% |
| Bank of Baroda | 0.19% | 0.07% |
| TVS Motor Company Ltd. | 0.78% | 0.05% |
| IndusInd Bank Ltd. | 0.41% | 0.05% |
| Shriram Finance Ltd. | 1.11% | 0.05% |
| Solar Industries India Ltd. | 0.36% | 0.04% |
| Varun Beverages Ltd. | 0.44% | 0.03% |
| Indus Towers Ltd. | 0.37% | 0.03% |
| Wipro Ltd. | 0.29% | 0.02% |
| Vedanta Ltd. | 0.28% | 0.02% |
| GE Vernova T&D India Ltd. | 0.43% | 0.02% |
| Indian Oil Corporation Ltd. | 0.30% | 0.01% |
| One 97 Communications Ltd. | 0.51% | 0.01% |
| Tata Motors Passenger Vehicles Ltd. | 0.42% | 0.01% |
| Bharat Heavy Electricals Ltd. | 0.40% | 0.01% |
| Apollo Hospitals Enterprise Ltd. | 0.65% | 0.01% |
| GMR Airports Ltd. | 0.22% | 0.01% |
| The Indian Hotels Company Ltd. | 0.48% | 0.01% |
| Ashok Leyland Ltd. | 0.34% | 0.00% |
| Interglobe Aviation Ltd. | 0.75% | 0.00% |
| Godrej Properties Ltd. | 0.18% | 0.00% |
| Hitachi Energy India Ltd. | 0.29% | 0.00% |
| Hindustan Petroleum Corporation Ltd. | 0.27% | 0.00% |
| Power Grid Corporation of India Ltd. | 0.87% | 0.00% |
| Dabur India Ltd. | 0.13% | 0.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40.8% means 40.8% 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 |
|---|---|
| Eternal Ltd. | 1.22% |
| Bharat Electronics Ltd. | 1.07% |
| Grasim Industries Ltd. | 0.66% |
| Tata Motors Ltd. | 0.62% |
| JSW Steel Ltd. | 0.61% |
Largest holdings only in NJ Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Dr. Lal Path Labs Limited | 3.18% |
| Ajanta Pharma Limited | 1.58% |
| The Great Eastern Shipping Company Limited | 0.90% |
| Emami Limited | 0.90% |
| Endurance Technologies Limited | 0.85% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Msci India ETF | NJ Balanced Advantage |
|---|---|---|
| Equity | 99.8% | 90.4% |
| Debt | 0.0% | 4.5% |
| Cash and others | 0.2% | 5.1% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Msci India ETF | NJ Balanced Advantage |
|---|---|---|
| Large Cap | 80.6% | 56.7% |
| Mid Cap | 19.2% | 22.2% |
| Small Cap | 0.0% | 10.7% |
| Not on AMFI's list | 0.0% | 0.8% |
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 | NJ Balanced Advantage |
|---|---|---|
| Banks | 20.3% | 15.9% |
| Pharmaceuticals & Biotechnology | 5.6% | 15.2% |
| IT - Software | 6.6% | 3.6% |
| Petroleum Products | 6.4% | 5.3% |
| Finance | 6.3% | 4.4% |
| Automobiles | 6.2% | 6.2% |
| Auto Components | 1.4% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs NJ Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | NJ Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.10% |
| Base expense ratio (Direct) | 0.00% | 0.57% |
| Total expense ratio (Regular) | Not available | 2.39% |
| Base expense ratio (Regular) | 0.16% | 1.66% |
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 NJ Balanced Advantage with
Aditya Birla Sun Life Msci India ETF vs NJ Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and NJ Balanced Advantage Fund?
Aditya Birla Sun Life Msci India ETF is an ETF fund, NJ Balanced Advantage Fund is a Balanced Advantage fund, run by Aditya Birla Sun Life Mutual Fund and NJ Mutual Fund. Their portfolios overlap 40.8%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and NJ Balanced Advantage Fund 1.10%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or NJ Balanced Advantage Fund?
Aditya Birla Sun Life Msci India ETF charges less: 0.22% a year against 1.10%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Msci India ETF and NJ Balanced Advantage Fund overlap?
40.8%. They hold 88 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Msci India ETF or NJ Balanced Advantage Fund?
On SEBI's riskometer, Aditya Birla Sun Life Msci India ETF is rated Very High and NJ Balanced Advantage Fund Very High. Over their common history, the standard deviation of daily returns was 15.37% and 8.02% a year.
Can I invest in both Aditya Birla Sun Life Msci India ETF and NJ Balanced Advantage Fund?
Yes. 40.8% 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 NJ Balanced Advantage Fund?
Aditya Birla Sun Life Msci India ETF: Priya Sridhar, Mehul Dama. NJ Balanced Advantage Fund: Dhaval Patel, Viral Shah, Jaimin Ilavia.
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.