DSP MSCI India ETF vs SBI Balanced Advantage Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP MSCI India ETF is a mutual fund and SBI Balanced Advantage Fund is a Balanced Advantage fund. DSP MSCI India ETF charges 0.16% a year and SBI Balanced Advantage Fund 0.86%. Their portfolios overlap 37.6%: they hold 56 of the same securities.
SBI Balanced Advantage Fund
Balanced Advantage
- Expense ratio
- 0.86%
- NAV
- ₹16.00
Which is better, DSP MSCI India ETF or SBI 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.
- DSP MSCI India ETF costs less: 0.16% a year against 0.86%.
- SBI Balanced Advantage fell less in its worst fall since 25-11-2025: −7.4% against −14.6%.
- DSP MSCI India ETF holds more in large companies: 80.5% of the fund in large caps against 49.6%.
- SBI Balanced Advantage is the larger fund: ₹40,545 Cr against ₹3 Cr.
- Their portfolios overlap 37.6%: 56 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 | DSP MSCI India ETF | SBI Balanced Advantage Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | SBI Mutual Fund |
| Category | Not available | Balanced Advantage |
| AUM | ₹3 Cr (30-09-2026) | ₹40,545 Cr (30-09-2026) |
| NAV | ₹27.96 | ₹16.00 (Direct) |
| Expense ratio (Direct) | Not available | 0.86% |
| Expense ratio (Regular) | Not available | 1.67% |
| Riskometer | Not available | High |
| Benchmark | Not available | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | Not available | 31-08-2021 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Dinesh Balachandran, Anup Upadhyay |
| Exit load | Not available | For units in excess of 10% of the investment,1% will be charged for redemption within 1 year. |
DSP MSCI India ETF vs SBI 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 |
|---|---|---|---|---|---|---|---|
| DSP MSCI India ETF | +0.34% | −5.94% | −3.51% | -- | -- | -- | -- |
| SBI Balanced Advantage Fund (Direct) | −0.92% | −4.44% | −2.94% | −3.13% | +9.33% | +9.41% | -- |
| 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.
DSP MSCI India ETF vs SBI Balanced Advantage: Year-wise Returns
| Year | DSP MSCI India ETFDSP MSCI India ETF | SBI Balanced AdvantageSBI Balanced Advantage |
|---|---|---|
| 2026to date | −8.97% | −4.89% |
| 2025 | -- | +10.93% |
| 2024 | -- | +14.50% |
| 2023 | -- | +21.49% |
| 2022 | -- | +6.20% |
DSP MSCI India ETF vs SBI Balanced Advantage: Rolling Returns
Every holding period of both funds
DSP MSCI India ETF vs SBI Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP MSCI India ETF | SBI Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.48% | +9.45% |
| Standard deviation | 14.60% | 6.34% |
| Sharpe ratio | -0.94 | 0.59 |
| Sortino ratio | -1.24 | 0.81 |
| Maximum drawdown | −14.6% (31-03-2026) | −7.4% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 25-11-2025 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.
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.
DSP MSCI India ETF
SBI Balanced Advantage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP MSCI India ETF | −14.6% | 02-01-2026 | 31-03-2026 | Not yet | -- | −10.1% |
| SBI Balanced Advantage Fund (Direct) | −7.4% | 02-01-2026 | 30-03-2026 | 03-08-2026 | 4 months | −5.4% |
From daily values since 25-11-2025, the first day every fund has.
DSP MSCI India ETF vs SBI Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: DSP MSCI India ETF, September 2026; SBI Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 37.6%
- Held by both
- 56
- Only in DSP MSCI India ETF
- 108
- Only in SBI Balanced Advantage
- 68
| Security | % of DSP MSCI India ETF | % of SBI Balanced Advantage |
|---|---|---|
| Reliance Industries Limited | 5.44% | 4.24% |
| HDFC Bank Limited | 6.44% | 3.68% |
| ICICI Bank Limited | 5.59% | 3.58% |
| Larsen & Toubro Limited | 2.02% | 2.44% |
| Axis Bank Limited | 2.25% | 1.80% |
| Bharti Airtel Limited | 3.93% | 1.36% |
| Sun Pharmaceutical Industries Limited | 1.30% | 1.67% |
| Mahindra & Mahindra Limited | 2.05% | 1.22% |
| Eternal Limited | 1.22% | 1.46% |
| Kotak Mahindra Bank Limited | 1.82% | 1.10% |
| Tata Steel Limited | 1.10% | 1.84% |
| Power Grid Corporation of India Limited | 0.87% | 1.02% |
| HCL Technologies Limited | 0.86% | 1.31% |
| Maruti Suzuki India Limited | 1.11% | 0.79% |
| State Bank of India | 1.41% | 0.74% |
| Asian Paints Limited | 0.73% | 0.76% |
| Tech Mahindra Limited | 0.65% | 2.06% |
| ITC Limited | 0.63% | 1.28% |
| Tata Motors Limited | 0.62% | 1.10% |
| Cholamandalam Investment and Finance Co Limited | 0.55% | 1.45% |
| Cipla Limited | 0.54% | 0.71% |
| Cummins India Limited | 0.50% | 0.56% |
| Bajaj Finserv Limited | 0.53% | 0.46% |
| Oil & Natural Gas Corporation Limited | 0.46% | 0.64% |
| Tata Motors Passenger Vehicles Limited | 0.42% | 1.58% |
| Titan Co Limited | 1.29% | 0.38% |
| Indus Towers Limited | 0.37% | 1.93% |
| Tata Power Co Limited | 0.43% | 0.35% |
| Federal Bank Limited | 0.46% | 0.33% |
| GAIL (India) Limited | 0.31% | 2.54% |
| United Spirits Limited | 0.31% | 0.75% |
| Grasim Industries Limited | 0.66% | 0.29% |
| Wipro Limited | 0.29% | 0.33% |
| Indian Oil Corporation Limited | 0.30% | 0.26% |
| Coal India Limited | 0.52% | 0.24% |
| Tata Consultancy Services Limited | 1.33% | 0.22% |
| UPL Limited | 0.22% | 0.37% |
| Hindalco Industries Limited | 0.97% | 0.21% |
| ICICI Lombard General Insurance Co Limited | 0.31% | 0.21% |
| Punjab National Bank | 0.21% | 1.86% |
| Hindustan Unilever Limited | 1.05% | 0.20% |
| Vishal Mega Mart Limited | 0.19% | 0.41% |
| Bank of Baroda | 0.19% | 1.23% |
| NHPC Limited | 0.19% | 1.04% |
| Alkem Laboratories Limited | 0.18% | 0.23% |
| Petronet LNG Limited | 0.17% | 0.34% |
| Torrent Power Limited | 0.17% | 1.26% |
| Dabur India Limited | 0.13% | 0.55% |
| ICICI Prudential Life Insurance Co Limited | 0.13% | 0.62% |
| IndusInd Bank Limited | 0.41% | 0.12% |
| Lupin Limited | 0.37% | 0.12% |
| Infosys Limited | 2.41% | 0.10% |
| Shriram Finance Limited | 1.10% | 0.03% |
| SBI Life Insurance Co Limited | 0.61% | 0.03% |
| Tube Investments of India Limited | 0.19% | 0.02% |
| HDFC Life Insurance Co Limited | 0.41% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.6% means 37.6% 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 DSP MSCI India ETF
| Security | % of fund |
|---|---|
| Bajaj Finance Limited | 1.90% |
| NTPC Limited | 1.12% |
| Bharat Electronics Limited | 1.07% |
| Divi's Laboratories Limited | 0.90% |
| Ultratech Cement Limited | 0.89% |
Largest holdings only in SBI Balanced Advantage Fund
| Security | % of fund |
|---|---|
| 364 DAY T-BILL 04.03.27 | 2.05% |
| Cholamandalam Investment & Finance Co. Ltd.Perpetual | 1.57% |
| Bandhan Bank Ltd. | 1.47% |
| Brookfield India Real Estate Trust | 1.32% |
| Star Health & Allied Insurance Co. Ltd. | 1.28% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP MSCI India ETF | SBI Balanced Advantage |
|---|---|---|
| Equity | 99.5% | 67.4% |
| Debt | 0.0% | 23.2% |
| Cash and others | 0.5% | 9.4% |
Market cap of stocks
| Market cap | DSP MSCI India ETF | SBI Balanced Advantage |
|---|---|---|
| Large Cap | 80.5% | 49.6% |
| Mid Cap | 19.0% | 10.5% |
| Small Cap | 0.0% | 7.3% |
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 | DSP MSCI India ETF | SBI Balanced Advantage |
|---|---|---|
| Banks | 20.3% | 15.9% |
| IT - Software | 6.5% | 4.0% |
| Petroleum Products | 6.4% | 4.5% |
| Finance | 6.3% | 3.0% |
| Automobiles | 6.2% | 3.6% |
| Pharmaceuticals & Biotechnology | 5.6% | 4.3% |
| Power | 3.7% | 4.9% |
| Retailing | 3.4% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
DSP MSCI India ETF vs SBI Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP MSCI India ETF | SBI Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.86% |
| Base expense ratio (Direct) | 0.11% | 0.60% |
| Total expense ratio (Regular) | Not available | 1.67% |
| Base expense ratio (Regular) | 0.00% | 1.29% |
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 SBI Balanced Advantage with
DSP MSCI India ETF vs SBI Balanced Advantage Fund: Frequently Asked Questions
What is the difference between DSP MSCI India ETF and SBI Balanced Advantage Fund?
DSP MSCI India ETF is a mutual fund, SBI Balanced Advantage Fund is a Balanced Advantage fund, run by DSP Mutual Fund and SBI Mutual Fund. Their portfolios overlap 37.6%. DSP MSCI India ETF charges 0.16% a year and SBI Balanced Advantage Fund 0.86%.
Which has the lower expense ratio, DSP MSCI India ETF or SBI Balanced Advantage Fund?
DSP MSCI India ETF charges less: 0.16% a year against 0.86%. These are the total expense ratios reported to AMFI.
How much do DSP MSCI India ETF and SBI Balanced Advantage Fund overlap?
37.6%. They hold 56 of the same securities, the largest shared ones being RELIANCE, HDFCBANK, ICICIBANK. From each fund's latest monthly portfolio.
Can I invest in both DSP MSCI India ETF and SBI Balanced Advantage Fund?
Yes. 37.6% 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.