Edelweiss Balanced Advantage Fund vs Kotak MSCI India ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Edelweiss Balanced Advantage Fund is a Balanced Advantage fund and Kotak MSCI India ETF is an ETF fund. In the year to 30-10-2026, Edelweiss Balanced Advantage Fund (Direct) returned 0.5% and Kotak MSCI India ETF returned −8.0%. Edelweiss Balanced Advantage Fund charges 0.81% a year and Kotak MSCI India ETF 0.24%. Their portfolios overlap 52.7%: they hold 75 of the same securities.
Edelweiss Balanced Advantage Fund
Balanced Advantage
- 1 year return
- 0.5%
- Expense ratio
- 0.81%
- NAV
- ₹59.87
Which is better, Edelweiss Balanced Advantage or Kotak MSCI India ETF? 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 1 year: 0.5% against −8.0%.
- Kotak MSCI India ETF costs less: 0.24% a year against 0.81%.
- Edelweiss Balanced Advantage fell less in its worst fall since 25-02-2025: −8.1% against −14.6%.
- Kotak MSCI India ETF holds more in large companies: 80.6% of the fund in large caps against 58.4%.
- Edelweiss Balanced Advantage is the larger fund: ₹12,880 Cr against ₹1,749 Cr.
- Their portfolios overlap 52.7%: 75 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 MSCI India ETF |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Balanced Advantage | ETF |
| AUM | ₹12,880 Cr (30-09-2026) | ₹1,749 Cr (30-09-2026) |
| NAV | ₹59.87 (Direct) | ₹28.23 |
| Expense ratio (Direct) | 0.81% | Not available |
| Expense ratio (Regular) | 1.93% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | MSCI India TRI |
| Launch date | 20-08-2009 | 19-02-2025 |
| Minimum investment | ₹100 | Ongoing purchases directly from the Mutual Fund would be restricted to Market Makers and Large Investors (subject to transactions greater than INR 25 crores or such other amount as may be specified by SEBI from time to time) provided the value of units to |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Bharat Lahoti, Rahul Dedhia, Kedar Karnik | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar |
| 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 | NIL |
Edelweiss Balanced Advantage vs Kotak MSCI India 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 |
|---|---|---|---|---|---|---|---|
| Edelweiss Balanced Advantage Fund (Direct) | +0.39% | −1.92% | +1.39% | +0.50% | +10.56% | +8.93% | +11.84% |
| Kotak MSCI India ETF | +0.29% | −5.98% | −3.50% | −8.03% | -- | -- | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | +9.91% |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
Edelweiss Balanced Advantage vs Kotak MSCI India ETF: Year-wise Returns
| Year | Edelweiss Balanced AdvantageEdelweiss Balanced Advantage | Kotak MSCI India ETFKotak MSCI India ETF |
|---|---|---|
| 2026to date | −0.61% | −8.95% |
| 2025 | +8.27% | -- |
| 2024 | +14.39% | -- |
| 2023 | +20.28% | -- |
| 2022 | +3.53% | -- |
| 2021 | +20.41% | -- |
Edelweiss Balanced Advantage vs Kotak MSCI India ETF: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 166 of them, one for each trading day from 25-02-2026 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 MSCI India ETF
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 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 | 2.4 | 49.4 | 42.2 | 6.0 | 0.0 | 0.0 | 0.0 | 5.5% | 4.9% | −1.3% | 13.5% |
| Kotak MSCI India ETF | 46.4 | 36.7 | 11.4 | 3.6 | 1.8 | 0.0 | 0.0 | 0.9% | 0.2% | −9.8% | 15.8% |
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. Every fund is measured over the days all of them have, from 25-02-2025. Past returns do not promise future returns.
Edelweiss Balanced Advantage vs Kotak MSCI India 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 03-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Balanced AdvantageEdelweiss Balanced Advantage Fund (Direct) | ₹2,10,000 | ₹2,16,910 | ₹6,910 | 3.6% |
| Kotak MSCI India ETFKotak MSCI India ETF | ₹2,10,000 | ₹2,04,302 | −₹5,698 | −3.0% |
Edelweiss Balanced AdvantageEdelweiss Balanced Advantage Fund (Direct)
Kotak MSCI India ETFKotak MSCI India ETF
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 MSCI India ETF: 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 MSCI India ETF |
|---|---|---|
| Return (CAGR) | +0.50% | −8.03% |
| Standard deviation | 9.31% | 14.22% |
| Sharpe ratio | -0.51 | -0.93 |
| Sortino ratio | -0.69 | -1.24 |
| Maximum drawdown | −8.1% (23-03-2026) | −14.6% (31-03-2026) |
| 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 MSCI India ETF |
|---|---|---|
| Return (CAGR) | +11.91% | +4.02% |
| Standard deviation | 8.85% | 13.78% |
| Sharpe ratio | 0.66 | -0.10 |
| Sortino ratio | 0.92 | -0.14 |
| Maximum drawdown | −16.2% (23-03-2020) | −14.6% (31-03-2026) |
| 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 MSCI India ETF
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Balanced Advantage Fund (Direct) | −8.1% | 02-01-2026 | 23-03-2026 | 29-07-2026 | 4 months | −3.6% |
| Kotak MSCI India ETF | −14.6% | 02-01-2026 | 31-03-2026 | Not yet | -- | −10.1% |
From daily values since 25-02-2025, 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 MSCI India ETF
Edelweiss Balanced Advantage vs Kotak MSCI India ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Balanced Advantage Fund, September 2026; Kotak MSCI India ETF, September 2026
Holdings in common
- Overlap
- 52.7%
- Held by both
- 75
- Only in Edelweiss Balanced Advantage
- 52
- Only in Kotak MSCI India ETF
- 90
| Security | % of Edelweiss Balanced Advantage | % of Kotak MSCI India ETF |
|---|---|---|
| ICICI Bank Ltd. | 4.67% | 5.60% |
| HDFC Bank Ltd. | 4.04% | 6.44% |
| Reliance Industries Ltd. | 3.63% | 5.44% |
| Infosys Ltd. | 2.57% | 2.41% |
| Larsen & Toubro Ltd. | 3.03% | 2.02% |
| Bharti Airtel Ltd. | 1.72% | 3.93% |
| Axis Bank Ltd. | 1.43% | 2.25% |
| State Bank of India | 2.33% | 1.41% |
| Bajaj Finance Ltd. | 1.35% | 1.91% |
| Mahindra & Mahindra Ltd. | 1.32% | 2.05% |
| Titan Company Ltd. | 1.48% | 1.30% |
| Eternal Ltd. | 1.37% | 1.22% |
| Tata Consultancy Services Ltd. | 0.92% | 1.33% |
| HCL Technologies Ltd. | 1.01% | 0.87% |
| Kotak Mahindra Bank Ltd. | 0.86% | 1.82% |
| Sun Pharmaceutical Industries Ltd. | 0.81% | 1.30% |
| TVS Motor Company Ltd. | 2.77% | 0.78% |
| Ultratech Cement Ltd. | 0.78% | 0.90% |
| Shriram Finance Ltd. | 0.74% | 1.11% |
| Maruti Suzuki India Ltd. | 0.70% | 1.13% |
| Tata Steel Ltd. | 0.69% | 1.10% |
| NTPC Ltd. | 0.68% | 1.12% |
| Tech Mahindra Ltd. | 1.43% | 0.66% |
| Hindustan Unilever Ltd. | 0.64% | 1.06% |
| Apollo Hospitals Enterprise Ltd. | 0.64% | 0.66% |
| ITC Ltd. | 0.97% | 0.63% |
| InterGlobe Aviation Ltd. | 0.63% | 0.75% |
| Cholamandalam Investment & Finance Company Ltd. | 0.90% | 0.55% |
| Samvardhana Motherson International Ltd. | 0.58% | 0.55% |
| Trent Ltd. | 0.47% | 0.56% |
| Oil & Natural Gas Corporation Ltd. | 0.60% | 0.46% |
| Vedanta Aluminium Metal Ltd. | 0.46% | 0.45% |
| Grasim Industries Ltd. | 0.45% | 0.66% |
| Nestle India Ltd. | 0.45% | 0.60% |
| VARUN BEVERAGES LIMITED | 0.50% | 0.44% |
| GE Vernova T&D India Limited | 1.24% | 0.43% |
| Persistent Systems Ltd. | 0.52% | 0.43% |
| Britannia Industries Ltd. | 0.77% | 0.42% |
| Hindalco Industries Ltd. | 0.42% | 0.97% |
| SBI Life Insurance Company Ltd. | 0.42% | 0.61% |
| Bajaj Finserv Ltd. | 0.42% | 0.53% |
| Bharat Heavy Electricals Ltd. | 0.96% | 0.40% |
| Bharat Electronics Ltd. | 0.40% | 1.08% |
| Indus Towers Ltd. | 0.93% | 0.37% |
| Lupin Ltd. | 0.75% | 0.37% |
| Avenue Supermarts Ltd. | 0.37% | 0.44% |
| Solar Industries India Ltd. | 0.54% | 0.36% |
| Lenskart Solutions Ltd. | 0.38% | 0.36% |
| Tata Motors Ltd. | 0.34% | 0.62% |
| Multi Commodity Exchange Of India Ltd. | 1.17% | 0.33% |
| Marico Ltd. | 0.74% | 0.33% |
| Info Edge (India) Ltd. | 0.57% | 0.33% |
| Ashok Leyland Ltd. | 0.32% | 0.34% |
| FSN E-Commerce Ventures Ltd. | 0.56% | 0.31% |
| United Spirits Ltd. | 0.42% | 0.31% |
| GAIL (India) Ltd. | 0.33% | 0.31% |
| Divi's Laboratories Ltd. | 0.30% | 0.89% |
| Laurus Labs Ltd. | 0.30% | 0.55% |
| Vedanta Ltd. | 1.03% | 0.28% |
| Vodafone Idea Ltd. | 0.45% | 0.27% |
| JSW Steel Ltd. | 0.26% | 0.61% |
| APL Apollo Tubes Ltd. | 0.25% | 0.32% |
| Muthoot Finance Ltd. | 0.27% | 0.24% |
| Billionbrains Garage Ventures Ltd. | 0.63% | 0.21% |
| UPL Ltd. | 0.21% | 0.22% |
| Oracle Financial Services Software Ltd. | 0.39% | 0.18% |
| Indian Bank | 0.59% | 0.17% |
| Union Bank of India | 0.17% | 0.21% |
| Alkem Laboratories Ltd. | 0.15% | 0.17% |
| Hindustan Petroleum Corporation Ltd. | 0.13% | 0.27% |
| Bharat Petroleum Corporation Ltd. | 0.11% | 0.39% |
| Vishal Mega Mart Ltd | 0.10% | 0.19% |
| CG Power and Industrial Solutions Ltd. | 0.10% | 0.43% |
| Polycab India Ltd. | 0.10% | 0.34% |
| Torrent Pharmaceuticals Ltd. | 0.08% | 0.55% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 52.7% means 52.7% 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% |
| 7.3789% ADITYA BIRLA CAP SR B2 14-02-28 | 1.15% |
| 7.9% MAH & MAH FIN AB2026 21-02-28 | 0.97% |
| Craftsman Automation Ltd. | 0.91% |
| Glenmark Pharmaceuticals Ltd. | 0.89% |
Largest holdings only in Kotak MSCI India ETF
| Security | % of fund |
|---|---|
| Power Grid Corporation of India Ltd. | 0.87% |
| Adani Ports and Special Economic Zone Limited | 0.83% |
| Eicher Motors Ltd. | 0.78% |
| Asian Paints(India) Ltd. | 0.74% |
| Hindustan Aeronautics Ltd. | 0.62% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Balanced Advantage | Kotak MSCI India ETF |
|---|---|---|
| Equity | 79.0% | 100.0% |
| Debt | 9.3% | 0.0% |
| Cash and others | 11.7% | 0.0% |
Market cap of stocks
| Market cap | Edelweiss Balanced Advantage | Kotak MSCI India ETF |
|---|---|---|
| Large Cap | 58.4% | 80.6% |
| Mid Cap | 13.1% | 19.4% |
| Small Cap | 6.7% | 0.0% |
| Not on AMFI's list | 0.8% | 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 | Edelweiss Balanced Advantage | Kotak MSCI India ETF |
|---|---|---|
| Banks | 14.9% | 20.3% |
| IT - Software | 7.2% | 6.6% |
| Petroleum Products | 3.9% | 6.4% |
| Finance | 5.5% | 6.3% |
| Automobiles | 5.7% | 6.2% |
| Pharmaceuticals and Biotechnology | 0.0% | 5.6% |
| Retailing | 3.8% | 3.4% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Balanced Advantage vs Kotak MSCI India ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Balanced Advantage Fund | Kotak MSCI India ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.81% | Not available |
| Base expense ratio (Direct) | 0.52% | 0.00% |
| Total expense ratio (Regular) | 1.93% | Not available |
| Base expense ratio (Regular) | 1.47% | 0.17% |
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.
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Edelweiss Balanced Advantage Fund vs Kotak MSCI India ETF: Frequently Asked Questions
What is the difference between Edelweiss Balanced Advantage Fund and Kotak MSCI India ETF?
Edelweiss Balanced Advantage Fund is a Balanced Advantage fund, Kotak MSCI India ETF is an ETF fund, run by Edelweiss Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 52.7%. Edelweiss Balanced Advantage Fund charges 0.81% a year and Kotak MSCI India ETF 0.24%.
Which has given higher returns, Edelweiss Balanced Advantage Fund or Kotak MSCI India ETF?
Over 1 year: Edelweiss Balanced Advantage Fund +0.50%, Kotak MSCI India ETF −8.03%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Balanced Advantage Fund or Kotak MSCI India ETF?
Kotak MSCI India ETF charges less: 0.24% a year against 0.81%. These are the total expense ratios reported to AMFI.
How much do Edelweiss Balanced Advantage Fund and Kotak MSCI India ETF overlap?
52.7%. They hold 75 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Balanced Advantage Fund or Kotak MSCI India ETF?
On SEBI's riskometer, Edelweiss Balanced Advantage Fund is rated Very High and Kotak MSCI India ETF Very High. Over 1 years, the standard deviation of daily returns was 9.31% and 14.22% a year.
Can I invest in both Edelweiss Balanced Advantage Fund and Kotak MSCI India ETF?
Yes. 52.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Balanced Advantage Fund and Kotak MSCI India ETF?
Edelweiss Balanced Advantage Fund: Bhavesh Jain, Bharat Lahoti, Rahul Dedhia, Kedar Karnik. Kotak MSCI India ETF: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar.
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.