JioBlackRock Sector Rotation Fund vs NJ Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
JioBlackRock Sector Rotation Fund is a Thematic fund and NJ Balanced Advantage Fund is a Balanced Advantage fund. JioBlackRock Sector Rotation Fund charges 0.80% a year and NJ Balanced Advantage Fund 1.10% (Direct plans). Their portfolios overlap 40.9%: they hold 98 of the same securities.
JioBlackRock Sector Rotation Fund
Thematic
- Expense ratio
- 0.80%
- NAV
- ₹9.43
NJ Balanced Advantage Fund
Balanced Advantage
- Expense ratio
- 1.10%
- NAV
- ₹14.13
Which is better, JioBlackRock Sector Rotation or NJ 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.
- JioBlackRock Sector Rotation costs less: 0.80% a year against 1.10% (Direct plans).
- NJ Balanced Advantage fell less in its worst fall since 19-02-2026: −6.9% against −12.5%.
- JioBlackRock Sector Rotation holds more in large companies: 68.3% of the fund in large caps against 56.7%.
- Their portfolios overlap 40.9%: 98 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 | JioBlackRock Sector Rotation Fund | NJ Balanced Advantage Fund |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | NJ Mutual Fund |
| Category | Thematic | Balanced Advantage |
| AUM | ₹161 Cr (30-09-2026) | Not available |
| NAV | ₹9.43 (Direct) | ₹14.13 (Direct) |
| Expense ratio (Direct) | 0.80% | 1.10% |
| Expense ratio (Regular) | 1.92% | 2.39% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 13-02-2026 | 29-10-2021 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Sahil Chaudhary, Tanvi Kacheria | Dhaval Patel, Viral Shah, Jaimin Ilavia |
| Exit load | Nil | Nil |
JioBlackRock Sector Rotation vs NJ 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 |
|---|---|---|---|---|---|---|---|
| JioBlackRock Sector Rotation Fund (Direct) | −0.77% | −5.74% | −2.70% | -- | -- | -- | -- |
| NJ Balanced Advantage Fund (Direct) | −0.49% | −3.81% | +0.57% | −1.53% | +7.67% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
Category average: the average of the 235 Thematic funds and the 38 Balanced Advantage funds, same plan type.
JioBlackRock Sector Rotation vs NJ Balanced Advantage: Year-wise Returns
| Year | JioBlackRock Sector RotationJioBlackRock Sector Rotation | NJ Balanced AdvantageNJ Balanced Advantage |
|---|---|---|
| 2026to date | -- | −2.08% |
| 2025 | -- | +2.78% |
| 2024 | -- | +11.52% |
| 2023 | -- | +24.53% |
| 2022 | -- | +1.10% |
JioBlackRock Sector Rotation vs NJ Balanced Advantage: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of JioBlackRock Sector Rotation Fund
JioBlackRock Sector Rotation vs NJ Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | JioBlackRock Sector Rotation Fund (Direct) | NJ Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.88% | +7.15% |
| Standard deviation | 15.17% | 8.02% |
| Sharpe ratio | -0.87 | 0.17 |
| Sortino ratio | -1.15 | 0.22 |
| Maximum drawdown | −12.5% (30-03-2026) | −14.8% (07-04-2025) |
| Beta | 0.97 | -- |
| Alpha | −0.68% | -- |
From daily NAVs, 19-02-2026 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.
JioBlackRock Sector Rotation Fund (Direct)
NJ Balanced Advantage Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| JioBlackRock Sector Rotation Fund (Direct) | −12.5% | 23-02-2026 | 30-03-2026 | 06-07-2026 | 3 months | −7.5% |
| NJ Balanced Advantage Fund (Direct) | −6.9% | 25-02-2026 | 30-03-2026 | 02-07-2026 | 3 months | −4.7% |
| Nifty 500 TRI | −12.6% | 23-02-2026 | 30-03-2026 | 06-07-2026 | 3 months | −7.9% |
From daily values since 19-02-2026, the first day every fund has.
JioBlackRock Sector Rotation vs NJ Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: JioBlackRock Sector Rotation Fund, September 2026; NJ Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 40.9%
- Held by both
- 98
- Only in JioBlackRock Sector Rotation
- 198
- Only in NJ Balanced Advantage
- 43
| Security | % of JioBlackRock Sector Rotation | % of NJ Balanced Advantage |
|---|---|---|
| HDFC Bank Ltd | 6.36% | 5.60% |
| Reliance Industries Ltd | 4.37% | 4.63% |
| ICICI Bank Ltd | 5.57% | 4.14% |
| ITC Ltd | 2.01% | 2.36% |
| Kotak Mahindra Bank Ltd | 1.81% | 1.84% |
| Sun Pharmaceutical Industries Ltd | 1.62% | 2.64% |
| Axis Bank Ltd | 2.08% | 1.58% |
| Bajaj Finance Ltd | 1.34% | 1.52% |
| State Bank of India | 2.36% | 0.97% |
| Bharti Airtel Ltd | 3.20% | 0.89% |
| Nestle India Ltd | 0.75% | 1.84% |
| Mahindra & Mahindra Ltd | 1.15% | 0.70% |
| Infosys Ltd | 1.12% | 0.70% |
| Cipla Ltd | 0.64% | 2.45% |
| Dr. Reddy's Laboratories Ltd | 0.63% | 2.17% |
| Torrent Pharmaceuticals Ltd | 0.60% | 3.61% |
| Bajaj Auto Ltd | 0.52% | 0.78% |
| Hindustan Aeronautics Ltd | 0.48% | 0.75% |
| Oil & Natural Gas Corporation Ltd | 0.47% | 1.92% |
| Britannia Industries Ltd | 0.46% | 2.47% |
| Tata Consultancy Services Ltd | 0.68% | 0.44% |
| Eicher Motors Ltd | 0.43% | 2.74% |
| HCL Technologies Ltd | 0.41% | 0.54% |
| Hindalco Industries Ltd | 0.77% | 0.37% |
| Asian Paints Ltd | 0.63% | 0.36% |
| Jio Financial Services Ltd | 0.37% | 0.34% |
| Adani Ports and Special Economic Zone Ltd | 1.39% | 0.34% |
| Marico Ltd | 0.33% | 3.17% |
| IDFC First Bank Ltd | 0.32% | 0.35% |
| Tech Mahindra Ltd | 0.31% | 0.80% |
| Hero MotoCorp Ltd | 0.30% | 1.61% |
| Pidilite Industries Ltd | 0.26% | 1.76% |
| Alkem Laboratories Ltd | 0.26% | 2.22% |
| Maruti Suzuki India Ltd | 0.68% | 0.25% |
| Canara Bank | 0.24% | 0.48% |
| HDFC Asset Management Co Ltd | 0.24% | 1.44% |
| NTPC Ltd | 0.54% | 0.24% |
| Yes Bank Ltd | 0.22% | 0.49% |
| Punjab National Bank | 0.23% | 0.21% |
| Tata Power Co Ltd | 0.21% | 0.29% |
| Vodafone Idea Ltd | 0.21% | 0.50% |
| Divi's Laboratories Ltd | 1.01% | 0.20% |
| Ultratech Cement Ltd | 0.75% | 0.20% |
| Adani Enterprises Ltd | 0.44% | 0.20% |
| ABB India Ltd | 0.18% | 0.52% |
| Adani Power Ltd | 0.30% | 0.18% |
| Tata Steel Ltd | 0.86% | 0.18% |
| Bosch Ltd | 0.18% | 3.55% |
| Aditya Birla Capital Ltd | 0.16% | 0.51% |
| Coal India Ltd | 0.55% | 0.15% |
| Muthoot Finance Ltd | 0.14% | 0.72% |
| Ambuja Cements Ltd | 0.14% | 0.35% |
| Havells India Ltd | 0.13% | 0.81% |
| Dr. Lal Path Labs Ltd | 0.13% | 3.18% |
| HDFC Life Insurance Co Ltd | 0.13% | 0.20% |
| SBI Life Insurance Co Ltd | 0.18% | 0.13% |
| Ajanta Pharma Ltd | 0.13% | 1.58% |
| Larsen & Toubro Ltd | 2.31% | 0.12% |
| Abbott India Ltd | 0.12% | 0.25% |
| Phoenix Mills Ltd | 0.20% | 0.11% |
| Adani Energy Solutions Ltd | 0.15% | 0.11% |
| Mphasis Ltd | 0.09% | 0.70% |
| Steel Authority of India Ltd | 0.15% | 0.09% |
| Glenmark Pharmaceuticals Ltd | 0.29% | 0.09% |
| Great Eastern Shipping Co Ltd | 0.08% | 0.90% |
| Bandhan Bank Ltd | 0.09% | 0.08% |
| Berger Paints India Ltd | 0.08% | 0.56% |
| UPL Ltd | 0.18% | 0.07% |
| LIC Housing Finance Ltd | 0.08% | 0.07% |
| Bank of Baroda | 0.26% | 0.07% |
| Adani Green Energy Ltd | 0.15% | 0.06% |
| CRISIL Ltd | 0.06% | 0.42% |
| TVS Motor Co Ltd | 0.42% | 0.05% |
| IndusInd Bank Ltd | 0.35% | 0.05% |
| Shriram Finance Ltd | 0.71% | 0.05% |
| Solar Industries India Ltd | 0.28% | 0.04% |
| Bank of India | 0.09% | 0.03% |
| Varun Beverages Ltd | 0.47% | 0.03% |
| Indus Towers Ltd | 0.29% | 0.03% |
| Wipro Ltd | 0.14% | 0.02% |
| PNB Housing Finance Ltd | 0.11% | 0.02% |
| Vedanta Ltd | 0.25% | 0.02% |
| Ge Vernova T&D India Ltd | 0.27% | 0.02% |
| Indian Oil Corporation Ltd | 0.27% | 0.01% |
| Container Corporation Of India Ltd | 0.16% | 0.01% |
| One 97 Communications Ltd | 0.37% | 0.01% |
| Tata Motors Passenger Vehicles Ltd | 0.26% | 0.01% |
| Bharat Heavy Electricals Ltd | 0.32% | 0.01% |
| Apollo Hospitals Enterprise Ltd | 0.73% | 0.01% |
| GMR Airports Ltd | 0.35% | 0.01% |
| Indian Hotels Co Ltd | 0.25% | 0.01% |
| Ashok Leyland Ltd | 0.23% | 0.00% |
| Interglobe Aviation Ltd | 1.17% | 0.00% |
| Godrej Properties Ltd | 0.12% | 0.00% |
| SBI Cards and Payment Services Ltd | 0.09% | 0.00% |
| Hitachi Energy India Ltd | 0.21% | 0.00% |
| Hindustan Petroleum Corporation Ltd | 0.18% | 0.00% |
| Power Grid Corporation of India Ltd | 0.42% | 0.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40.9% means 40.9% 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 JioBlackRock Sector Rotation Fund
| Security | % of fund |
|---|---|
| Eternal Ltd | 0.89% |
| Bharat Electronics Ltd | 0.74% |
| Grasim Industries Ltd | 0.67% |
| JSW Steel Ltd | 0.67% |
| Laurus Labs Ltd | 0.65% |
Largest holdings only in NJ Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Page Industries Limited | 1.55% |
| Colgate Palmolive (India) Limited | 0.91% |
| Emami Limited | 0.90% |
| Endurance Technologies Limited | 0.85% |
| National Stock Exchange Of India Ltd | 0.78% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JioBlackRock Sector Rotation | NJ Balanced Advantage |
|---|---|---|
| Equity | 97.3% | 90.4% |
| Debt | 0.0% | 4.5% |
| Cash and others | 2.7% | 5.1% |
Market cap of stocks
| Market cap | JioBlackRock Sector Rotation | NJ Balanced Advantage |
|---|---|---|
| Large Cap | 68.3% | 56.7% |
| Mid Cap | 21.5% | 22.2% |
| Small Cap | 7.6% | 10.7% |
| Not on AMFI's list | 0.0% | 0.8% |
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 | JioBlackRock Sector Rotation | NJ Balanced Advantage |
|---|---|---|
| Banks | 21.7% | 15.9% |
| Pharmaceuticals & Biotechnology | 9.3% | 15.2% |
| Automobiles | 4.0% | 6.2% |
| Finance | 5.9% | 4.4% |
| Petroleum Products | 5.2% | 5.3% |
| Auto Components | 1.6% | 4.4% |
| Telecom - Services | 4.0% | 1.4% |
The six largest sectors of each fund's stocks, % of the fund.
JioBlackRock Sector Rotation vs NJ Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JioBlackRock Sector Rotation Fund | NJ Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.80% | 1.10% |
| Base expense ratio (Direct) | 0.50% | 0.57% |
| Total expense ratio (Regular) | 1.92% | 2.39% |
| Base expense ratio (Regular) | 1.61% | 1.66% |
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 JioBlackRock Sector Rotation with
Compare NJ Balanced Advantage with
JioBlackRock Sector Rotation Fund vs NJ Balanced Advantage Fund: Frequently Asked Questions
What is the difference between JioBlackRock Sector Rotation Fund and NJ Balanced Advantage Fund?
JioBlackRock Sector Rotation Fund is a Thematic fund, NJ Balanced Advantage Fund is a Balanced Advantage fund, run by Jio BlackRock Mutual Fund and NJ Mutual Fund. Their portfolios overlap 40.9%. JioBlackRock Sector Rotation Fund charges 0.80% a year and NJ Balanced Advantage Fund 1.10%.
Which has the lower expense ratio, JioBlackRock Sector Rotation Fund or NJ Balanced Advantage Fund?
JioBlackRock Sector Rotation Fund charges less: 0.80% a year against 1.10%. These are the Direct plans' total expense ratios reported to AMFI.
How much do JioBlackRock Sector Rotation Fund and NJ Balanced Advantage Fund overlap?
40.9%. They hold 98 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, JioBlackRock Sector Rotation Fund or NJ Balanced Advantage Fund?
On SEBI's riskometer, JioBlackRock Sector Rotation Fund is rated Very High and NJ Balanced Advantage Fund Very High. Over their common history, the standard deviation of daily returns was 15.17% and 8.02% a year.
Can I invest in both JioBlackRock Sector Rotation Fund and NJ Balanced Advantage Fund?
Yes. 40.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages JioBlackRock Sector Rotation Fund and NJ Balanced Advantage Fund?
JioBlackRock Sector Rotation Fund: Sahil Chaudhary, Tanvi Kacheria. NJ Balanced Advantage Fund: Dhaval Patel, Viral Shah, Jaimin Ilavia.
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.