Baroda BNP Paribas Balanced Advantage Fund vs ITI Multi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas Balanced Advantage Fund is a Balanced Advantage fund and ITI Multi Cap Fund is a Multi Cap fund. In the 3 years to 30-10-2026, Baroda BNP Paribas Balanced Advantage Fund (Direct) returned 11.5% a year and ITI Multi Cap Fund (Direct) returned 16.0% a year. Baroda BNP Paribas Balanced Advantage Fund charges 0.92% a year and ITI Multi Cap Fund 0.85% (Direct plans). Their portfolios overlap 36.0%: they hold 27 of the same securities.
Baroda BNP Paribas Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 11.5%
- Expense ratio
- 0.92%
- NAV
- ₹27.28
Which is better, Baroda BNP Paribas Balanced Advantage or ITI Multi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ITI Multi Cap returned more over 5 years: 13.2% a year against 10.0%.
- ITI Multi Cap returned more over 3 years: 16.0% a year against 11.5%.
- ITI Multi Cap costs less: 0.85% a year against 0.92% (Direct plans).
- Baroda BNP Paribas Balanced Advantage swung less over 3 years: a standard deviation of 10.5% a year against 16.2%.
- Baroda BNP Paribas Balanced Advantage fell less in its worst fall since 16-05-2019: −20.7% against −38.7%.
- Baroda BNP Paribas Balanced Advantage holds more in large companies: 54.2% of the fund in large caps against 39.5%.
- Baroda BNP Paribas Balanced Advantage is the larger fund: ₹5,162 Cr against ₹1,500 Cr.
- Their portfolios overlap 36.0%: 27 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 | Baroda BNP Paribas Balanced Advantage Fund | ITI Multi Cap Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | ITI Mutual Fund |
| Category | Balanced Advantage | Multi Cap |
| AUM | ₹5,162 Cr (30-09-2026) | ₹1,500 Cr (30-09-2026) |
| NAV | ₹27.28 (Direct) | ₹28.69 (Direct) |
| Expense ratio (Direct) | 0.92% | 0.85% |
| Expense ratio (Regular) | 2.04% | 2.32% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | Not available | 15-05-2019 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Dhimant Shah, Alok Ranjan |
| Exit load | Not available | Exit load of 0.50%, if redeemed within 3 months. |
Baroda BNP Paribas Balanced Advantage vs ITI Multi Cap: 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 |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Balanced Advantage Fund (Direct) | −1.00% | −4.23% | −0.79% | −0.62% | +11.52% | +9.96% | -- |
| ITI Multi Cap Fund (Direct) | −2.74% | −1.44% | +4.34% | +6.02% | +16.02% | +13.24% | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | +12.56% | -- |
Category average: the average of the 38 Balanced Advantage funds and the 33 Multi Cap funds, same plan type.
Baroda BNP Paribas Balanced Advantage vs ITI Multi Cap: Year-wise Returns
| Year | Baroda BNP Paribas Balanced AdvantageBaroda BNP Paribas Balanced Advantage | ITI Multi CapITI Multi Cap |
|---|---|---|
| 2026to date | −1.91% | +4.60% |
| 2025 | +9.06% | +4.33% |
| 2024 | +16.32% | +22.24% |
| 2023 | +22.50% | +41.14% |
| 2022 | +4.04% | +4.97% |
| 2021 | +18.21% | +21.85% |
Baroda BNP Paribas Balanced Advantage vs ITI Multi Cap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of ITI Multi Cap Fund
Rolling returns
Every 3-year holding period, 1,099 of them, one for each trading day from 16-05-2022 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.
Baroda BNP Paribas Balanced Advantage Fund (Direct)
ITI Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
to
Sept 2022Jun 2020
to
Jun 2023Mar 2021
to
Mar 2024Dec 2021
to
Dec 2024Oct 2022
to
Oct 2025Jun 2023
to
Jun 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Balanced Advantage | 0.0 | 0.0 | 0.0 | 40.9 | 57.0 | 2.2 | 0.0 | 15.5% | 15.4% | 10.5% | 23.3% | 3% |
| ITI Multi Cap | 0.0 | 0.0 | 8.2 | 10.7 | 23.7 | 53.3 | 4.1 | 19.0% | 20.5% | 6.3% | 28.3% | 77% |
| Nifty500 Multicap 50:25:25 TRI | 0.0 | 0.0 | 0.0 | 12.7 | 49.4 | 36.3 | 1.5 | 19.0% | 18.9% | 10.1% | 26.3% | -- |
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 Nifty500 Multicap 50:25:25 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 16-05-2019. Past returns do not promise future returns.
Baroda BNP Paribas Balanced Advantage vs ITI Multi Cap: 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 02-05-2019 to 30-10-2026: 90 instalments, ₹9,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Baroda BNP Paribas Balanced AdvantageBaroda BNP Paribas Balanced Advantage Fund (Direct) | ₹9,00,000 | ₹14,16,642 | ₹5,16,642 | 11.9% |
| ITI Multi CapITI Multi Cap Fund (Direct) | ₹9,00,000 | ₹16,35,734 | ₹7,35,734 | 15.6% |
Baroda BNP Paribas Balanced AdvantageBaroda BNP Paribas Balanced Advantage Fund (Direct)
ITI Multi CapITI Multi Cap 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.
Baroda BNP Paribas Balanced Advantage vs ITI Multi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas Balanced Advantage Fund (Direct) | ITI Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.62% | +6.02% |
| Standard deviation | 11.52% | 15.68% |
| Sharpe ratio | -0.51 | 0.05 |
| Sortino ratio | -0.68 | 0.07 |
| Maximum drawdown | −9.7% (30-03-2026) | −11.9% (23-03-2026) |
| Beta | -- | 1.01 |
| Alpha | -- | +12.17% |
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 | Baroda BNP Paribas Balanced Advantage Fund (Direct) | ITI Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.52% | +16.02% |
| Standard deviation | 10.54% | 16.22% |
| Sharpe ratio | 0.52 | 0.62 |
| Sortino ratio | 0.70 | 0.82 |
| Maximum drawdown | −11.5% (03-03-2025) | −23.1% (28-02-2025) |
| Beta | -- | 1.05 |
| Alpha | -- | +4.52% |
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 | Baroda BNP Paribas Balanced Advantage Fund (Direct) | ITI Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.96% | +13.24% |
| Standard deviation | 9.85% | 15.39% |
| Sharpe ratio | 0.42 | 0.48 |
| Sortino ratio | 0.57 | 0.64 |
| Maximum drawdown | −11.9% (20-06-2022) | −23.1% (28-02-2025) |
| Beta | -- | 0.99 |
| Alpha | -- | +2.78% |
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 | Baroda BNP Paribas Balanced Advantage Fund (Direct) | ITI Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.42% | +15.16% |
| Standard deviation | 10.80% | 17.61% |
| Sharpe ratio | 0.76 | 0.57 |
| Sortino ratio | 1.03 | 0.74 |
| Maximum drawdown | −20.7% (23-03-2020) | −38.7% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 20-11-2018 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.
Baroda BNP Paribas Balanced Advantage Fund (Direct)
ITI Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas Balanced Advantage Fund (Direct) | −20.7% | 19-02-2020 | 23-03-2020 | 06-07-2020 | 3 months | −6.4% |
| ITI Multi Cap Fund (Direct) | −38.7% | 24-01-2020 | 23-03-2020 | 28-12-2020 | 9 months | −6.3% |
| Nifty500 Multicap 50:25:25 TRI | −19.8% | 26-09-2024 | 03-03-2025 | 03-08-2026 | 17 months | −8.0% |
From daily values since 16-05-2019, 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.
Baroda BNP Paribas Balanced Advantage Fund (Direct)
ITI Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 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.
Baroda BNP Paribas Balanced Advantage Fund (Direct)
ITI Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 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.
Baroda BNP Paribas Balanced Advantage Fund (Direct)
ITI Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Baroda BNP Paribas Balanced Advantage Fund (Direct) | 69% | 64% | 6.68% |
| ITI Multi Cap Fund (Direct) | 97% | 87% | 5.59% |
From month-end values since 16-05-2019. 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.
Baroda BNP Paribas Balanced Advantage vs ITI Multi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas Balanced Advantage Fund, September 2026; ITI Multi Cap Fund, September 2026
Holdings in common
- Overlap
- 36.0%
- Held by both
- 27
- Only in Baroda BNP Paribas Balanced Advantage
- 80
- Only in ITI Multi Cap
- 50
| Security | % of Baroda BNP Paribas Balanced Advantage | % of ITI Multi Cap |
|---|---|---|
| HDFC Bank Limited | 3.09% | 3.01% |
| Reliance Industries Limited | 2.90% | 2.77% |
| Multi Commodity Exchange of India Limited | 2.19% | 2.09% |
| One 97 Communications Limited | 1.99% | 2.00% |
| ICICI Bank Limited | 1.96% | 3.63% |
| Bharti Airtel Limited | 2.30% | 1.87% |
| Larsen & Toubro Limited | 2.62% | 1.63% |
| State Bank of India | 1.51% | 1.49% |
| Hitachi Energy India Limited | 1.44% | 3.77% |
| Titan Company Limited | 1.60% | 1.37% |
| Marico Limited | 1.37% | 1.48% |
| Karur Vysya Bank Limited | 1.50% | 1.25% |
| Kotak Mahindra Bank Limited | 1.63% | 1.24% |
| Sun Pharmaceutical Industries Limited | 1.76% | 1.21% |
| Axis Bank Limited | 1.20% | 1.36% |
| Solar Industries India Limited | 1.14% | 1.39% |
| NTPC Limited | 1.13% | 1.02% |
| Shriram Finance Limited | 1.51% | 1.01% |
| Persistent Systems Limited | 1.01% | 0.97% |
| UltraTech Cement Limited | 1.24% | 0.91% |
| Mahindra & Mahindra Limited | 1.86% | 0.90% |
| Lupin Limited | 0.88% | 1.54% |
| InterGlobe Aviation Limited | 1.30% | 0.86% |
| Vedanta Aluminium Metal Limited | 0.97% | 0.85% |
| Maruti Suzuki India Limited | 1.04% | 0.79% |
| National Stock Exchange Of India Ltd | 0.92% | 0.69% |
| Symbiotec Pharmalab Limited | 0.12% | 0.67% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.0% means 36.0% 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 Baroda BNP Paribas Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Bharat Heavy Electricals Limited | 2.17% |
| Eicher Motors Limited | 1.99% |
| IndusInd Bank Limited | 1.89% |
| JSW Steel Limited | 1.86% |
| Radico Khaitan Limited | 1.83% |
Largest holdings only in ITI Multi Cap Fund
| Security | % of fund |
|---|---|
| TD Power Systems Limited | 3.09% |
| Avalon Technologies Limited | 2.34% |
| Aditya Infotech Limited | 2.27% |
| Linde India Limited | 1.68% |
| Wockhardt Limited | 1.64% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas Balanced Advantage | ITI Multi Cap |
|---|---|---|
| Equity | 80.1% | 96.6% |
| Debt | 9.2% | 0.0% |
| Cash and others | 10.7% | 3.4% |
Market cap of stocks
| Market cap | Baroda BNP Paribas Balanced Advantage | ITI Multi Cap |
|---|---|---|
| Large Cap | 54.2% | 39.5% |
| Mid Cap | 19.1% | 26.3% |
| Small Cap | 5.8% | 25.1% |
| Not on AMFI's list | 1.0% | 5.8% |
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 | Baroda BNP Paribas Balanced Advantage | ITI Multi Cap |
|---|---|---|
| Banks | 15.2% | 15.3% |
| Electrical Equipment | 4.7% | 13.2% |
| Pharmaceuticals & Biotechnology | 3.9% | 9.0% |
| Chemicals & Petrochemicals | 3.4% | 5.5% |
| Automobiles | 4.9% | 3.0% |
| Capital Markets | 4.7% | 2.8% |
| Consumer Durables | 2.5% | 4.5% |
| Auto Components | 1.7% | 4.4% |
| Petroleum Products | 4.2% | 2.8% |
| IT - Software | 4.0% | 3.1% |
The six largest sectors of each fund's stocks, % of the fund.
Baroda BNP Paribas Balanced Advantage vs ITI Multi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas Balanced Advantage Fund | ITI Multi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.92% | 0.85% |
| Base expense ratio (Direct) | 0.63% | 0.54% |
| Total expense ratio (Regular) | 2.04% | 2.32% |
| Base expense ratio (Regular) | 1.59% | 1.83% |
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 Baroda BNP Paribas Balanced Advantage with
Baroda BNP Paribas Balanced Advantage Fund vs ITI Multi Cap Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas Balanced Advantage Fund and ITI Multi Cap Fund?
Baroda BNP Paribas Balanced Advantage Fund is a Balanced Advantage fund, ITI Multi Cap Fund is a Multi Cap fund, run by Baroda BNP Paribas Mutual Fund and ITI Mutual Fund. Their portfolios overlap 36.0%. Baroda BNP Paribas Balanced Advantage Fund charges 0.92% a year and ITI Multi Cap Fund 0.85%.
Which has given higher returns, Baroda BNP Paribas Balanced Advantage Fund or ITI Multi Cap Fund?
Over 1 year: Baroda BNP Paribas Balanced Advantage Fund −0.62%, ITI Multi Cap Fund +6.02%. Over 3 years: Baroda BNP Paribas Balanced Advantage Fund +11.52% a year, ITI Multi Cap Fund +16.02% a year. Over 5 years: Baroda BNP Paribas Balanced Advantage Fund +9.96% a year, ITI Multi Cap Fund +13.24% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Baroda BNP Paribas Balanced Advantage Fund or ITI Multi Cap Fund?
ITI Multi Cap Fund charges less: 0.85% a year against 0.92%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas Balanced Advantage Fund and ITI Multi Cap Fund overlap?
36.0%. They hold 27 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, MCX. From each fund's latest monthly portfolio.
Which is better for SIP, Baroda BNP Paribas Balanced Advantage Fund or ITI Multi Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,75,647 in Baroda BNP Paribas Balanced Advantage Fund (XIRR 9.4% a year) and ₹8,79,825 in ITI Multi Cap Fund (XIRR 14.4% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Baroda BNP Paribas Balanced Advantage Fund and ITI Multi Cap Fund?
Yes. 36.0% 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.