Edelweiss Balanced Advantage Fund vs Kotak Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Balanced Advantage Fund and Kotak Balanced Advantage Fund are both Balanced Advantage funds. In the 3 years to 30-10-2026, Edelweiss Balanced Advantage Fund (Direct) returned 10.6% a year and Kotak Balanced Advantage Fund (Direct) returned 9.2% a year. Edelweiss Balanced Advantage Fund charges 0.81% a year and Kotak Balanced Advantage Fund 0.82% (Direct plans). Their portfolios overlap 39.5%: they hold 53 of the same securities.
Edelweiss Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 10.6%
- Expense ratio
- 0.81%
- NAV
- ₹59.87
Kotak Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 9.2%
- Expense ratio
- 0.82%
- NAV
- ₹22.45
Which is better, Edelweiss Balanced Advantage or Kotak 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.
- Edelweiss Balanced Advantage returned more over 5 years: 8.9% a year against 8.4%.
- Edelweiss Balanced Advantage returned more over 3 years: 10.6% a year against 9.2%.
- Edelweiss Balanced Advantage costs less: 0.81% a year against 0.82% (Direct plans).
- Kotak Balanced Advantage swung less over 3 years: a standard deviation of 8.0% a year against 9.2%.
- Edelweiss Balanced Advantage fell less in its worst fall since 10-08-2018: −16.2% against −26.3%.
- Kotak Balanced Advantage is the larger fund: ₹16,618 Cr against ₹12,880 Cr.
- Their portfolios overlap 39.5%: 53 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 | Edelweiss Balanced Advantage Fund | Kotak Balanced Advantage Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Balanced Advantage | Balanced Advantage |
| AUM | ₹12,880 Cr (30-09-2026) | ₹16,618 Cr (30-09-2026) |
| NAV | ₹59.87 (Direct) | ₹22.45 (Direct) |
| Expense ratio (Direct) | 0.81% | 0.82% |
| Expense ratio (Regular) | 1.93% | 1.88% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | NIFTY 50 Hybrid composite debt 50:50 Index (Total Return |
| Launch date | 20-08-2009 | 03-08-2018 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Bharat Lahoti, Rahul Dedhia, Kedar Karnik | Rohit Tandon, Hiten Shah, Abhishek Bisen |
| Exit load | • 10% of the units allotted shall be redeemed without any Exit Load on or before completion of 90 days from the date of allotment of units. Any redemption in excess of such limit within 90 days from the date of allotment shall be subject to the following Exit Load: • If redeemed or switched out on or before completion of 90 days from the date of allotment of units - 1.00% • If redeemed or switched out after completion of 90 days from the date of allotment of units - NIL | Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 180 days |
Edelweiss Balanced Advantage vs Kotak 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 |
|---|---|---|---|---|---|---|---|
| Edelweiss Balanced Advantage Fund (Direct) | +0.39% | −1.92% | +1.39% | +0.50% | +10.56% | +8.93% | +11.84% |
| Kotak Balanced Advantage Fund (Direct) | −0.31% | −3.11% | +0.22% | −1.56% | +9.18% | +8.44% | -- |
| 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.
Edelweiss Balanced Advantage vs Kotak Balanced Advantage: Year-wise Returns
| Year | EdelweissEdelweiss Balanced Advantage | KotakKotak Balanced Advantage |
|---|---|---|
| 2026to date | −0.61% | −2.17% |
| 2025 | +8.27% | +7.13% |
| 2024 | +14.39% | +15.67% |
| 2023 | +20.28% | +17.42% |
| 2022 | +3.53% | +5.06% |
| 2021 | +20.41% | +14.43% |
Edelweiss Balanced Advantage vs Kotak Balanced Advantage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,287 of them, one for each trading day from 10-08-2021 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.
Edelweiss Balanced Advantage Fund (Direct)
Kotak Balanced Advantage Fund (Direct)
to
Jan 2022Nov 2019
to
Nov 2022Oct 2020
to
Oct 2023Sept 2021
to
Sept 2024Jul 2022
to
Jul 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Balanced Advantage | 0.0 | 0.0 | 0.9 | 56.3 | 42.0 | 0.9 | 0.0 | 14.8% | 14.6% | 9.6% | 20.8% |
| Kotak Balanced Advantage | 0.0 | 0.0 | 3.0 | 86.7 | 10.0 | 0.4 | 0.0 | 12.8% | 12.7% | 8.5% | 22.4% |
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. Every fund is measured over the days all of them have, from 10-08-2018. Past returns do not promise future returns.
Edelweiss Balanced Advantage vs Kotak Balanced Advantage: 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 01-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Balanced AdvantageEdelweiss Balanced Advantage Fund (Direct) | ₹9,90,000 | ₹16,00,484 | ₹6,10,484 | 11.4% |
| Kotak Balanced AdvantageKotak Balanced Advantage Fund (Direct) | ₹9,90,000 | ₹14,95,965 | ₹5,05,965 | 9.8% |
Edelweiss Balanced AdvantageEdelweiss Balanced Advantage Fund (Direct)
Kotak Balanced AdvantageKotak Balanced Advantage 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.
Edelweiss Balanced Advantage vs Kotak Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Balanced Advantage Fund (Direct) | Kotak Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.50% | −1.56% |
| Standard deviation | 9.31% | 8.92% |
| Sharpe ratio | -0.51 | -0.76 |
| Sortino ratio | -0.69 | -1.02 |
| Maximum drawdown | −8.1% (23-03-2026) | −8.4% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Edelweiss Balanced Advantage Fund (Direct) | Kotak Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.56% | +9.18% |
| Standard deviation | 9.18% | 7.95% |
| Sharpe ratio | 0.49 | 0.40 |
| Sortino ratio | 0.67 | 0.55 |
| Maximum drawdown | −11.1% (28-02-2025) | −9.1% (28-02-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Edelweiss Balanced Advantage Fund (Direct) | Kotak Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.93% | +8.44% |
| Standard deviation | 8.62% | 7.33% |
| Sharpe ratio | 0.36 | 0.36 |
| Sortino ratio | 0.49 | 0.49 |
| Maximum drawdown | −11.1% (28-02-2025) | −9.1% (28-02-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Edelweiss Balanced Advantage Fund (Direct) | Kotak Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.91% | +10.31% |
| Standard deviation | 8.85% | 9.51% |
| Sharpe ratio | 0.66 | 0.53 |
| Sortino ratio | 0.92 | 0.70 |
| Maximum drawdown | −16.2% (23-03-2020) | −26.3% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 22-01-2013 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.
Edelweiss Balanced Advantage Fund (Direct)
Kotak Balanced Advantage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Balanced Advantage Fund (Direct) | −16.2% | 12-02-2020 | 23-03-2020 | 07-07-2020 | 3 months | −3.6% |
| Kotak Balanced Advantage Fund (Direct) | −26.3% | 12-02-2020 | 23-03-2020 | 21-07-2020 | 4 months | −4.4% |
From daily values since 10-08-2018, 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.
Edelweiss Balanced Advantage Fund (Direct)
Kotak Balanced Advantage Fund (Direct)
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.
Edelweiss Balanced Advantage Fund (Direct)
Kotak Balanced Advantage Fund (Direct)
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.
Edelweiss Balanced Advantage Fund (Direct)
Kotak Balanced Advantage Fund (Direct)
Edelweiss Balanced Advantage vs Kotak Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Balanced Advantage Fund, September 2026; Kotak Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 39.5%
- Held by both
- 53
- Only in Edelweiss Balanced Advantage
- 74
- Only in Kotak Balanced Advantage
- 137
| Security | % of Edelweiss Balanced Advantage | % of Kotak Balanced Advantage |
|---|---|---|
| ICICI Bank Ltd. | 4.67% | 4.93% |
| Reliance Industries Ltd. | 3.63% | 3.36% |
| HDFC Bank Ltd. | 4.04% | 3.16% |
| State Bank of India | 2.33% | 3.64% |
| Larsen & Toubro Ltd. | 3.03% | 1.99% |
| Bharti Airtel Ltd. | 1.72% | 2.38% |
| Infosys Ltd. | 2.57% | 1.48% |
| Eternal Ltd. | 1.37% | 1.35% |
| Bajaj Finance Ltd. | 1.35% | 1.75% |
| Axis Bank Ltd. | 1.43% | 1.30% |
| Mahindra & Mahindra Ltd. | 1.32% | 1.29% |
| GE Vernova T&D India Limited | 1.24% | 1.17% |
| ITC Ltd. | 0.97% | 0.86% |
| Kotak Mahindra Bank Ltd. | 0.86% | 1.25% |
| Tech Mahindra Ltd. | 1.43% | 0.81% |
| Ultratech Cement Ltd. | 0.78% | 1.55% |
| Maruti Suzuki India Ltd. | 0.70% | 1.23% |
| NTPC Ltd. | 0.68% | 0.70% |
| Schaeffler India Ltd. | 0.66% | 0.72% |
| Tata Consultancy Services Ltd. | 0.92% | 0.64% |
| Sun Pharmaceutical Industries Ltd. | 0.81% | 0.64% |
| InterGlobe Aviation Ltd. | 0.63% | 0.92% |
| Hindustan Unilever Ltd. | 0.64% | 0.62% |
| Solar Industries India Ltd. | 0.54% | 1.67% |
| Shriram Finance Ltd. | 0.74% | 0.53% |
| Bharat Heavy Electricals Ltd. | 0.96% | 0.46% |
| Vedanta Aluminium Metal Ltd. | 0.46% | 0.43% |
| Titan Company Ltd. | 1.48% | 0.42% |
| Hindalco Industries Ltd. | 0.42% | 0.58% |
| United Spirits Ltd. | 0.42% | 0.53% |
| Indus Towers Ltd. | 0.93% | 0.40% |
| Bharat Electronics Ltd. | 0.40% | 0.40% |
| Persistent Systems Ltd. | 0.52% | 0.37% |
| Oil & Natural Gas Corporation Ltd. | 0.60% | 0.31% |
| Life Insurance Corporation of India | 0.30% | 0.37% |
| Jyoti CNC Automation Ltd. | 0.65% | 0.29% |
| Apollo Hospitals Enterprise Ltd. | 0.64% | 0.28% |
| Pine Labs Ltd. | 0.13% | 0.22% |
| Bharat Petroleum Corporation Ltd. | 0.11% | 0.65% |
| Glenmark Pharmaceuticals Ltd. | 0.89% | 0.10% |
| Ashok Leyland Ltd. | 0.32% | 0.09% |
| Torrent Pharmaceuticals Ltd. | 0.08% | 0.52% |
| Tata Motors Ltd. | 0.34% | 0.07% |
| Alkem Laboratories Ltd. | 0.15% | 0.07% |
| 7.59% POWER FIN NCD SR 221B R 17-01-2028 | 0.39% | 0.06% |
| TVS Motor Company Ltd. | 2.77% | 0.05% |
| SBI Funds Management Ltd. | 0.09% | 0.04% |
| VARUN BEVERAGES LIMITED | 0.50% | 0.03% |
| JSW Steel Ltd. | 0.26% | 0.02% |
| Tata Steel Ltd. | 0.69% | 0.01% |
| Nestle India Ltd. | 0.45% | 0.01% |
| SBI Life Insurance Company Ltd. | 0.42% | 0.01% |
| Bajaj Finserv Ltd. | 0.42% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.5% means 39.5% 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 Edelweiss Balanced Advantage Fund
| Security | % of fund |
|---|---|
| 7.51% SIDBI SR V NCD RED 12-06-2028 | 1.35% |
| Multi Commodity Exchange Of India Ltd. | 1.17% |
| 7.3789% ADITYA BIRLA CAP SR B2 14-02-28 | 1.15% |
| Vedanta Ltd. | 1.03% |
| HCL Technologies Ltd. | 1.01% |
Largest holdings only in Kotak Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Central Government - 2064 | 5.67% |
| Power Finance Corporation Ltd. | 1.49% |
| Adani Ports and Special Economic Zone Limited | 1.40% |
| JTPM METAL TRADERS PVT LTD ( CATALYST TRUSTEESHIP LIMITE) | 1.30% |
| Sansera Engineering Ltd | 1.27% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Balanced Advantage | Kotak Balanced Advantage |
|---|---|---|
| Equity | 79.0% | 70.2% |
| Debt | 9.3% | 20.3% |
| Cash and others | 11.7% | 9.5% |
Market cap of stocks
| Market cap | Edelweiss Balanced Advantage | Kotak Balanced Advantage |
|---|---|---|
| Large Cap | 58.4% | 51.1% |
| Mid Cap | 13.1% | 9.0% |
| Small Cap | 6.7% | 9.6% |
| Not on AMFI's list | 0.8% | 0.5% |
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 | Edelweiss Balanced Advantage | Kotak Balanced Advantage |
|---|---|---|
| Banks | 14.9% | 14.6% |
| IT - Software | 7.2% | 4.3% |
| Automobiles | 5.7% | 3.5% |
| Finance | 5.5% | 3.5% |
| Petroleum Products | 3.9% | 4.0% |
| Retailing | 3.8% | 1.4% |
| Auto Components | 3.7% | 3.1% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Balanced Advantage vs Kotak Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Balanced Advantage Fund | Kotak Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.81% | 0.82% |
| Base expense ratio (Direct) | 0.52% | 0.54% |
| Total expense ratio (Regular) | 1.93% | 1.88% |
| Base expense ratio (Regular) | 1.47% | 1.44% |
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 Edelweiss Balanced Advantage with
- Edelweiss Balanced Advantage vs quant Dynamic Asset Allocation
- Edelweiss Balanced Advantage vs Aditya Birla Sun Life Balanced Advantage
- Edelweiss Balanced Advantage vs Baroda BNP Paribas Balanced Advantage
- Edelweiss Balanced Advantage vs Axis Balanced Advantage
- Edelweiss Balanced Advantage vs WhiteOak Capital Balanced Advantage
Compare Kotak Balanced Advantage with
- Kotak Balanced Advantage vs quant Dynamic Asset Allocation
- Kotak Balanced Advantage vs Aditya Birla Sun Life Balanced Advantage
- Kotak Balanced Advantage vs Baroda BNP Paribas Balanced Advantage
- Kotak Balanced Advantage vs Axis Balanced Advantage
- Kotak Balanced Advantage vs WhiteOak Capital Balanced Advantage
Edelweiss Balanced Advantage Fund vs Kotak Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Edelweiss Balanced Advantage Fund and Kotak Balanced Advantage Fund?
Both are Balanced Advantage funds, run by Edelweiss Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 39.5%. Edelweiss Balanced Advantage Fund charges 0.81% a year and Kotak Balanced Advantage Fund 0.82%.
Which has given higher returns, Edelweiss Balanced Advantage Fund or Kotak Balanced Advantage Fund?
Over 1 year: Edelweiss Balanced Advantage Fund +0.50%, Kotak Balanced Advantage Fund −1.56%. Over 3 years: Edelweiss Balanced Advantage Fund +10.56% a year, Kotak Balanced Advantage Fund +9.18% a year. Over 5 years: Edelweiss Balanced Advantage Fund +8.93% a year, Kotak Balanced Advantage Fund +8.44% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Balanced Advantage Fund or Kotak Balanced Advantage Fund?
Edelweiss Balanced Advantage Fund charges less: 0.81% a year against 0.82%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Balanced Advantage Fund and Kotak Balanced Advantage Fund overlap?
39.5%. They hold 53 of the same securities, the largest shared ones being ICICIBANK, RELIANCE, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Balanced Advantage Fund or Kotak Balanced Advantage Fund?
On SEBI's riskometer, Edelweiss Balanced Advantage Fund is rated Very High and Kotak Balanced Advantage Fund Very High. Over 3 years, the standard deviation of daily returns was 9.18% and 7.95% a year.
Which is better for SIP, Edelweiss Balanced Advantage Fund or Kotak Balanced Advantage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,60,678 in Edelweiss Balanced Advantage Fund (XIRR 8.6% a year) and ₹7,41,532 in Kotak Balanced Advantage Fund (XIRR 7.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Balanced Advantage Fund and Kotak Balanced Advantage Fund?
Yes. 39.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Edelweiss Balanced Advantage Fund and Kotak Balanced Advantage Fund?
Edelweiss Balanced Advantage Fund: Bhavesh Jain, Bharat Lahoti, Rahul Dedhia, Kedar Karnik. Kotak Balanced Advantage Fund: Rohit Tandon, Hiten Shah, Abhishek Bisen.
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.