Axis Balanced Advantage Fund vs SBI BSE 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Axis Balanced Advantage Fund is a Balanced Advantage fund and SBI BSE 100 ETF is a mutual fund. In the 3 years to 30-10-2026, Axis Balanced Advantage Fund (Direct) returned 11.5% a year and SBI BSE 100 ETF (Regular) returned 8.8% a year. Axis Balanced Advantage Fund charges 1.00% a year and SBI BSE 100 ETF 0.16%. Their portfolios overlap 55.4%: they hold 61 of the same securities.
Axis Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 11.5%
- Expense ratio
- 1.00%
- NAV
- ₹23.69
Which is better, Axis Balanced Advantage or SBI BSE 100 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Balanced Advantage returned more over 5 years: 9.1% a year against 7.6%.
- Axis Balanced Advantage returned more over 3 years: 11.5% a year against 8.8%.
- SBI BSE 100 ETF costs less: 0.16% a year against 1.00%.
- Axis Balanced Advantage swung less over 3 years: a standard deviation of 8.0% a year against 13.5%.
- Axis Balanced Advantage fell less in its worst fall since 07-08-2017: −17.2% against −38.2%.
- SBI BSE 100 ETF holds more in large companies: 90.2% of the fund in large caps against 58.2%.
- Axis Balanced Advantage is the larger fund: ₹3,651 Cr against ₹9 Cr.
- Their portfolios overlap 55.4%: 61 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 | Axis Balanced Advantage Fund | SBI BSE 100 ETF |
|---|---|---|
| Fund house | Axis Mutual Fund | SBI Mutual Fund |
| Category | Balanced Advantage | Not available |
| AUM | ₹3,651 Cr (30-09-2026) | ₹9 Cr (30-09-2026) |
| NAV | ₹23.69 (Direct) | ₹272.01 (Regular) |
| Expense ratio (Direct) | 1.00% | Not available |
| Expense ratio (Regular) | 2.18% | 0.16% |
| Riskometer | Very High | Not available |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | Not available |
| Launch date | 01-08-2017 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Jayesh Sundar, Devang Shah, Hardik Shah | Not available |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | Not available |
Axis Balanced Advantage vs SBI BSE 100 ETF: 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 |
|---|---|---|---|---|---|---|---|
| Axis Balanced Advantage Fund (Direct) | +0.59% | −2.63% | +0.25% | −1.41% | +11.50% | +9.11% | -- |
| SBI BSE 100 ETF (Regular) | +0.93% | −5.53% | −2.97% | −9.05% | +8.78% | +7.62% | +11.52% |
| 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.
Axis Balanced Advantage vs SBI BSE 100 ETF: Year-wise Returns
| Year | Axis Balanced AdvantageAxis Balanced Advantage | SBI BSE 100 ETFSBI BSE 100 ETF |
|---|---|---|
| 2026to date | −2.35% | −9.80% |
| 2025 | +8.16% | +10.33% |
| 2024 | +18.99% | +13.11% |
| 2023 | +21.46% | +23.07% |
| 2022 | +0.91% | +5.85% |
| 2021 | +17.23% | +26.33% |
Axis Balanced Advantage vs SBI BSE 100 ETF: Rolling Returns
Every holding period of both funds, against BSE 100 TRI, the benchmark of SBI BSE 100 ETF
Rolling returns
Every 3-year holding period, 1,544 of them, one for each trading day from 07-08-2020 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.
Axis Balanced Advantage Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
to
Feb 2021Feb 2019
to
Feb 2022Mar 2020
to
Mar 2023Apr 2021
to
Apr 2024May 2022
to
May 2025May 2023
to
May 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Balanced Advantage | 0.0 | 0.2 | 27.3 | 57.6 | 14.9 | 0.0 | 0.0 | 12.0% | 12.7% | 4.5% | 17.9% | 29% |
| SBI BSE 100 ETF | 0.0 | 4.1 | 6.1 | 35.6 | 42.2 | 8.7 | 3.4 | 15.3% | 15.3% | 1.9% | 32.6% | 0% |
| BSE 100 TRI | 0.0 | 1.8 | 7.8 | 34.5 | 42.9 | 9.5 | 3.6 | 15.6% | 15.6% | 3.1% | 32.8% | -- |
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. The benchmark is BSE 100 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 07-08-2017. Past returns do not promise future returns.
Axis Balanced Advantage vs SBI BSE 100 ETF: 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 07-08-2017 to 30-10-2026: 111 instalments, ₹11,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Balanced AdvantageAxis Balanced Advantage Fund (Direct) | ₹11,10,000 | ₹17,99,570 | ₹6,89,570 | 10.1% |
| SBI BSE 100 ETFSBI BSE 100 ETF (Regular) | ₹11,10,000 | ₹18,46,214 | ₹7,36,214 | 10.7% |
Axis Balanced AdvantageAxis Balanced Advantage Fund (Direct)
SBI BSE 100 ETFSBI BSE 100 ETF (Regular)
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.
Axis Balanced Advantage vs SBI BSE 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Balanced Advantage Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | −1.41% | −9.05% |
| Standard deviation | 8.19% | 13.91% |
| Sharpe ratio | -0.81 | -1.03 |
| Sortino ratio | -1.10 | -1.36 |
| Maximum drawdown | −7.8% (30-03-2026) | −15.0% (31-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.16% |
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 | Axis Balanced Advantage Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +11.50% | +8.78% |
| Standard deviation | 8.03% | 13.55% |
| Sharpe ratio | 0.68 | 0.20 |
| Sortino ratio | 0.95 | 0.28 |
| Maximum drawdown | −7.8% (30-03-2026) | −16.7% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.18% |
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 | Axis Balanced Advantage Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +9.11% | +7.62% |
| Standard deviation | 7.79% | 13.90% |
| Sharpe ratio | 0.42 | 0.13 |
| Sortino ratio | 0.58 | 0.18 |
| Maximum drawdown | −9.6% (17-06-2022) | −16.7% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.17% |
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 | Axis Balanced Advantage Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +9.71% | +10.40% |
| Standard deviation | 8.12% | 15.99% |
| Sharpe ratio | 0.54 | 0.30 |
| Sortino ratio | 0.73 | 0.40 |
| Maximum drawdown | −17.2% (23-03-2020) | −38.2% (23-03-2020) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.44% |
From daily NAVs, 07-08-2017 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.
Axis Balanced Advantage Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Balanced Advantage Fund (Direct) | −17.2% | 13-02-2020 | 23-03-2020 | 09-10-2020 | 7 months | −3.9% |
| SBI BSE 100 ETF (Regular) | −38.2% | 17-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −10.6% |
| BSE 100 TRI | −38.0% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −10.4% |
From daily values since 07-08-2017, 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.
Axis Balanced Advantage Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
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.
Axis Balanced Advantage Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
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.
Axis Balanced Advantage Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
Against BSE 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Balanced Advantage Fund (Direct) | 59% | 42% | 9.60% |
| SBI BSE 100 ETF (Regular) | 100% | 102% | 0.87% |
From month-end values since 07-08-2017. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Balanced Advantage vs SBI BSE 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Balanced Advantage Fund, September 2026; SBI BSE 100 ETF, September 2026
Holdings in common
- Overlap
- 55.4%
- Held by both
- 61
- Only in Axis Balanced Advantage
- 90
- Only in SBI BSE 100 ETF
- 39
| Security | % of Axis Balanced Advantage | % of SBI BSE 100 ETF |
|---|---|---|
| ICICI Bank Limited | 5.81% | 7.24% |
| HDFC Bank Limited | 5.65% | 8.26% |
| Reliance Industries Limited | 4.43% | 6.01% |
| State Bank of India | 3.26% | 3.04% |
| Bharti Airtel Limited | 2.38% | 4.18% |
| Kotak Mahindra Bank Limited | 2.39% | 2.34% |
| Infosys Limited | 2.20% | 2.68% |
| Larsen & Toubro Limited | 2.20% | 3.35% |
| Mahindra & Mahindra Limited | 2.01% | 2.01% |
| Axis Bank Limited | 1.53% | 2.68% |
| Eternal Limited | 1.51% | 1.76% |
| Sun Pharmaceutical Industries Limited | 1.19% | 1.50% |
| NTPC Limited | 1.56% | 1.17% |
| Bajaj Finance Limited | 1.17% | 1.96% |
| Shriram Finance Limited | 0.91% | 1.04% |
| InterGlobe Aviation Limited | 0.99% | 0.85% |
| TVS Motor Company Limited | 0.78% | 0.73% |
| ITC Limited | 0.70% | 1.94% |
| Hindustan Aeronautics Limited | 0.87% | 0.66% |
| Apollo Hospitals Enterprise Limited | 1.83% | 0.63% |
| Hindustan Unilever Limited | 0.62% | 1.28% |
| Titan Company Limited | 0.62% | 1.43% |
| Asian Paints Limited | 0.59% | 0.83% |
| SBI Life Insurance Company Limited | 0.71% | 0.58% |
| Tata Steel Limited | 0.57% | 1.16% |
| Samvardhana Motherson International Limited | 0.89% | 0.55% |
| Cholamandalam Investment and Finance Company Ltd | 0.57% | 0.54% |
| Bajaj Auto Limited | 0.54% | 0.88% |
| Maruti Suzuki India Limited | 0.52% | 1.18% |
| The Indian Hotels Company Limited | 1.02% | 0.49% |
| Tata Consumer Products Limited | 0.62% | 0.47% |
| Tata Power Company Limited | 0.70% | 0.46% |
| Varun Beverages Limited | 0.63% | 0.45% |
| CG Power and Industrial Solutions Limited | 0.67% | 0.44% |
| UltraTech Cement Limited | 0.44% | 0.98% |
| Britannia Industries Limited | 0.72% | 0.43% |
| HDFC Life Insurance Company Limited | 0.60% | 0.42% |
| Dixon Technologies (India) Limited | 0.50% | 0.42% |
| Divi's Laboratories Limited | 0.42% | 0.90% |
| Indus Towers Limited | 0.41% | 0.37% |
| Bharat Petroleum Corporation Limited | 0.36% | 0.45% |
| Pidilite Industries Limited | 0.56% | 0.34% |
| Info Edge (India) Limited | 0.33% | 0.36% |
| Tech Mahindra Limited | 0.33% | 0.75% |
| Coforge Limited | 0.32% | 0.46% |
| United Spirits Limited | 0.81% | 0.30% |
| REC Limited | 0.31% | 0.28% |
| Bharat Electronics Limited | 0.28% | 1.07% |
| Cipla Limited | 0.25% | 0.58% |
| Dr. Reddy's Laboratories Limited | 0.23% | 0.57% |
| Bajaj Finserv Limited | 0.22% | 0.74% |
| Tata Motors Ltd | 0.20% | 0.68% |
| Tata Consultancy Services Limited | 0.19% | 1.58% |
| Eicher Motors Limited | 0.17% | 0.75% |
| Hindalco Industries Limited | 0.16% | 1.03% |
| The Federal Bank Limited | 0.13% | 0.60% |
| HCL Technologies Limited | 0.11% | 0.99% |
| Tata Motors Passenger Vehicles Limited | 0.06% | 0.46% |
| Bank of Baroda | 0.03% | 0.33% |
| IndusInd Bank Limited | 0.02% | 0.45% |
| Hero MotoCorp Limited | 0.01% | 0.51% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 55.4% means 55.4% 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 Axis Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Cholamandalam Investment and Finance Company Ltd (27/02/2029) (FRN) | 1.78% |
| 7.61% Government of India (09/05/2030) | 1.40% |
| 7.97% Mankind Pharma Limited (16/11/2027) | 1.37% |
| 8.4% Muthoot Finance Limited (28/08/2028) | 1.36% |
| 8.11% Pilani Investment and Industries Corporation Limited (24/04/2029) | 1.35% |
Largest holdings only in SBI BSE 100 ETF
| Security | % of fund |
|---|---|
| Adani Ports and Special Economic Zone Ltd. | 1.07% |
| Power Grid Corporation of India Ltd. | 0.91% |
| JSW Steel Ltd. | 0.91% |
| Grasim Industries Ltd. | 0.87% |
| Coal India Ltd. | 0.78% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Balanced Advantage | SBI BSE 100 ETF |
|---|---|---|
| Equity | 72.9% | 100.0% |
| Debt | 22.8% | 0.0% |
| Cash and others | 4.3% | 0.0% |
Market cap of stocks
| Market cap | Axis Balanced Advantage | SBI BSE 100 ETF |
|---|---|---|
| Large Cap | 58.2% | 90.2% |
| Mid Cap | 9.1% | 9.7% |
| Small Cap | 5.3% | 0.0% |
| Not on AMFI's list | 0.3% | 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 | Axis Balanced Advantage | SBI BSE 100 ETF |
|---|---|---|
| Banks | 19.3% | 26.7% |
| IT - Software | 3.6% | 7.5% |
| Petroleum Products | 4.8% | 6.8% |
| Automobiles | 4.2% | 6.5% |
| Finance | 4.3% | 5.8% |
| Telecom - Services | 2.8% | 4.5% |
| Pharmaceuticals & Biotechnology | 3.1% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Balanced Advantage vs SBI BSE 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Balanced Advantage Fund | SBI BSE 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.00% | Not available |
| Base expense ratio (Direct) | 0.66% | 0.00% |
| Total expense ratio (Regular) | 2.18% | 0.16% |
| Base expense ratio (Regular) | 1.64% | 0.12% |
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
Axis Balanced Advantage Fund vs SBI BSE 100 ETF: Frequently Asked Questions
What is the difference between Axis Balanced Advantage Fund and SBI BSE 100 ETF?
Axis Balanced Advantage Fund is a Balanced Advantage fund, SBI BSE 100 ETF is a mutual fund, run by Axis Mutual Fund and SBI Mutual Fund. Their portfolios overlap 55.4%. Axis Balanced Advantage Fund charges 1.00% a year and SBI BSE 100 ETF 0.16%.
Which has given higher returns, Axis Balanced Advantage Fund or SBI BSE 100 ETF?
Over 1 year: Axis Balanced Advantage Fund −1.41%, SBI BSE 100 ETF −9.05%. Over 3 years: Axis Balanced Advantage Fund +11.50% a year, SBI BSE 100 ETF +8.78% a year. Over 5 years: Axis Balanced Advantage Fund +9.11% a year, SBI BSE 100 ETF +7.62% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Balanced Advantage Fund or SBI BSE 100 ETF?
SBI BSE 100 ETF charges less: 0.16% a year against 1.00%. These are the total expense ratios reported to AMFI.
How much do Axis Balanced Advantage Fund and SBI BSE 100 ETF overlap?
55.4%. They hold 61 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, Axis Balanced Advantage Fund or SBI BSE 100 ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,67,696 in Axis Balanced Advantage Fund (XIRR 9.0% a year) and ₹7,13,638 in SBI BSE 100 ETF (XIRR 6.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Balanced Advantage Fund and SBI BSE 100 ETF?
Yes. 55.4% of each fund's money sits in the same holdings, so a large part 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.