Nippon India Balanced Advantage Fund vs Nippon India Conservative Hybrid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Balanced Advantage Fund is a Balanced Advantage fund and Nippon India Conservative Hybrid Fund is a Conservative Hybrid fund. In the 3 years to 30-10-2026, Nippon India Balanced Advantage Fund (Direct) returned 10.1% a year and Nippon India Conservative Hybrid Fund (Direct) returned 8.4% a year. Nippon India Balanced Advantage Fund charges 0.89% a year and Nippon India Conservative Hybrid Fund 1.01% (Direct plans). Their portfolios overlap 14.6%: they hold 37 of the same securities.
Nippon India Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 10.1%
- Expense ratio
- 0.89%
- NAV
- ₹203.40
Nippon India Conservative Hybrid Fund
Conservative Hybrid
- 3 year return
- 8.4%
- Expense ratio
- 1.01%
- NAV
- ₹68.95
Which is better, Nippon India Balanced Advantage or Nippon India Conservative Hybrid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Balanced Advantage returned more over 5 years: 9.1% a year against 8.0%.
- Nippon India Balanced Advantage returned more over 3 years: 10.1% a year against 8.4%.
- Nippon India Balanced Advantage costs less: 0.89% a year against 1.01% (Direct plans).
- Nippon India Conservative Hybrid swung less over 3 years: a standard deviation of 2.0% a year against 8.0%.
- Nippon India Conservative Hybrid fell less in its worst fall since 03-01-2013: −18.9% against −22.8%.
- Nippon India Balanced Advantage holds more in large companies: 52.5% of the fund in large caps against 9.5%.
- Nippon India Balanced Advantage is the larger fund: ₹9,532 Cr against ₹977 Cr.
- Their portfolios overlap 14.6%: 37 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 | Nippon India Balanced Advantage Fund | Nippon India Conservative Hybrid Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Nippon India Mutual Fund |
| Category | Balanced Advantage | Conservative Hybrid |
| AUM | ₹9,532 Cr (30-09-2026) | ₹977 Cr (30-09-2026) |
| NAV | ₹203.40 (Direct) | ₹68.95 (Direct) |
| Expense ratio (Direct) | 0.89% | 1.01% |
| Expense ratio (Regular) | 1.99% | 1.80% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
Nippon India Balanced Advantage vs Nippon India Conservative Hybrid: 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 |
|---|---|---|---|---|---|---|---|
| Nippon India Balanced Advantage Fund (Direct) | −0.47% | −3.59% | −0.09% | −1.36% | +10.07% | +9.08% | +10.59% |
| Nippon India Conservative Hybrid Fund (Direct) | −0.10% | −0.05% | +2.51% | +4.80% | +8.44% | +8.03% | +5.91% |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | +9.91% |
| Conservative Hybrid average | −0.46% | −1.48% | +0.87% | +1.02% | +7.61% | +7.13% | +7.52% |
Category average: the average of the 38 Balanced Advantage funds and the 18 Conservative Hybrid funds, same plan type.
Nippon India Balanced Advantage vs Nippon India Conservative Hybrid: Year-wise Returns
| Year | Balanced AdvantageNippon India Balanced Advantage | Conservative HybridNippon India Conservative Hybrid |
|---|---|---|
| 2026to date | −1.58% | +3.45% |
| 2025 | +8.58% | +10.59% |
| 2024 | +14.36% | +8.50% |
| 2023 | +18.94% | +11.14% |
| 2022 | +6.54% | +5.44% |
| 2021 | +17.38% | +10.74% |
Nippon India Balanced Advantage vs Nippon India Conservative Hybrid: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,666 of them, one for each trading day from 04-01-2016 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.
Nippon India Balanced Advantage Fund (Direct)
Nippon India Conservative Hybrid Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Balanced Advantage | 0.0 | 4.7 | 16.3 | 62.1 | 16.0 | 0.9 | 0.0 | 12.3% | 12.8% | 0.5% | 21.8% |
| Nippon India Conservative Hybrid | 7.6 | 21.3 | 48.5 | 21.7 | 0.9 | 0.0 | 0.0 | 7.2% | 8.6% | −1.7% | 16.0% |
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 03-01-2013. Past returns do not promise future returns.
Nippon India Balanced Advantage vs Nippon India Conservative Hybrid: 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 03-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Balanced AdvantageNippon India Balanced Advantage Fund (Direct) | ₹16,60,000 | ₹37,26,882 | ₹20,66,882 | 11.0% |
| Nippon India Conservative HybridNippon India Conservative Hybrid Fund (Direct) | ₹16,60,000 | ₹27,39,117 | ₹10,79,117 | 6.9% |
Nippon India Balanced AdvantageNippon India Balanced Advantage Fund (Direct)
Nippon India Conservative HybridNippon India Conservative Hybrid 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.
Nippon India Balanced Advantage vs Nippon India Conservative Hybrid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Balanced Advantage Fund (Direct) | Nippon India Conservative Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.36% | +4.80% |
| Standard deviation | 8.76% | 2.24% |
| Sharpe ratio | -0.75 | -0.20 |
| Sortino ratio | -1.01 | -0.27 |
| Maximum drawdown | −7.8% (30-03-2026) | −1.8% (23-03-2026) |
| 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 | Nippon India Balanced Advantage Fund (Direct) | Nippon India Conservative Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.07% | +8.44% |
| Standard deviation | 7.99% | 1.95% |
| Sharpe ratio | 0.51 | 1.24 |
| Sortino ratio | 0.69 | 1.80 |
| Maximum drawdown | −8.6% (28-02-2025) | −1.8% (23-03-2026) |
| 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 | Nippon India Balanced Advantage Fund (Direct) | Nippon India Conservative Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.08% | +8.03% |
| Standard deviation | 7.44% | 2.10% |
| Sharpe ratio | 0.44 | 1.06 |
| Sortino ratio | 0.60 | 1.62 |
| Maximum drawdown | −8.6% (28-02-2025) | −2.1% (13-05-2022) |
| 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 | Nippon India Balanced Advantage Fund (Direct) | Nippon India Conservative Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.43% | +7.49% |
| Standard deviation | 11.09% | 4.33% |
| Sharpe ratio | 0.49 | 0.33 |
| Sortino ratio | 0.66 | 0.39 |
| Maximum drawdown | −22.8% (25-02-2016) | −18.9% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-01-2013 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.
Nippon India Balanced Advantage Fund (Direct)
Nippon India Conservative Hybrid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Balanced Advantage Fund (Direct) | −22.8% | 19-08-2015 | 25-02-2016 | 30-08-2016 | 6 months | −4.8% |
| Nippon India Conservative Hybrid Fund (Direct) | −18.9% | 16-01-2020 | 23-03-2020 | 12-10-2021 | 19 months | −0.7% |
From daily values since 03-01-2013, 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.
Nippon India Balanced Advantage Fund (Direct)
Nippon India Conservative Hybrid 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.
Nippon India Balanced Advantage Fund (Direct)
Nippon India Conservative Hybrid 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.
Nippon India Balanced Advantage Fund (Direct)
Nippon India Conservative Hybrid Fund (Direct)
Nippon India Balanced Advantage vs Nippon India Conservative Hybrid: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Balanced Advantage Fund, September 2026; Nippon India Conservative Hybrid Fund, September 2026
Holdings in common
- Overlap
- 14.6%
- Held by both
- 37
- Only in Nippon India Balanced Advantage
- 101
- Only in Nippon India Conservative Hybrid
- 47
| Security | % of Nippon India Balanced Advantage | % of Nippon India Conservative Hybrid |
|---|---|---|
| Cube Highways Trust-InvIT Fund | 1.56% | 1.27% |
| Mindspace Business Parks REIT | 1.15% | 1.45% |
| HDFC Bank Limited | 6.33% | 0.85% |
| Reliance Industries Limited | 2.49% | 0.76% |
| ICICI Bank Limited | 5.56% | 0.75% |
| 9.5% Vedanta Aluminium Metal Limited | 0.69% | 2.58% |
| AU Small Finance Bank Limited | 0.63% | 0.67% |
| Nexus Select Trust - REIT | 0.55% | 1.20% |
| Brookfield India Real Estate Trust | 0.53% | 1.52% |
| 5% GMR Airports Limited | 0.78% | 0.51% |
| Raajmarg Infra Investment Trust | 0.46% | 0.68% |
| 8.45% Adani Airport Holdings Limited | 0.42% | 4.05% |
| State Bank of India | 2.52% | 0.41% |
| Larsen & Toubro Limited | 1.81% | 0.39% |
| Infosys Limited | 2.30% | 0.34% |
| Knowledge Realty Trust | 0.34% | 1.16% |
| Axis Bank Limited | 2.58% | 0.32% |
| Mahindra & Mahindra Limited | 2.03% | 0.32% |
| Maruti Suzuki India Limited | 0.71% | 0.30% |
| Bharti Airtel Limited | 2.32% | 0.29% |
| Bajaj Finance Limited | 1.56% | 0.29% |
| ITC Limited | 0.99% | 0.28% |
| Kotak Mahindra Bank Limited | 2.27% | 0.26% |
| SBI Life Insurance Company Limited | 0.71% | 0.26% |
| 8.9% Veritas Finance Private Limited | 0.26% | 1.02% |
| 9% Aptus Finance India Private Limited | 0.30% | 0.23% |
| Sun Pharmaceutical Industries Limited | 0.77% | 0.22% |
| 8.28% Suryapet Khammam Road Ltd | 0.22% | 2.57% |
| 10.4% Muthoot Fincorp Ltd | 0.21% | 3.07% |
| Hindustan Unilever Limited | 1.01% | 0.19% |
| JSW Energy Limited | 0.31% | 0.18% |
| NTPC Limited | 1.60% | 0.17% |
| Tata Steel Limited | 0.23% | 0.17% |
| 9.45% Vedanta Limited | 0.15% | 0.41% |
| 8.95% Vastu Finserve India Private Limited | 0.10% | 1.52% |
| Dr. Reddy's Laboratories Limited | 0.35% | 0.08% |
| 7.03% State Government Securities | 0.05% | 5.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.6% means 14.6% 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 Nippon India Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Eternal Limited | 1.86% |
| 7.48% National Bank For Agriculture and Rural Development | 1.56% |
| Muthoot Finance Limited | 1.31% |
| Samvardhana Motherson International Limited | 1.24% |
| FSN E-Commerce Ventures Limited | 1.02% |
Largest holdings only in Nippon India Conservative Hybrid Fund
| Security | % of fund |
|---|---|
| 10.5% Triumph Composites Limited | 4.06% |
| 9.75% Delhi International Airport Limited | 3.75% |
| 5% GMR Airports Limited | 3.48% |
| Samriddhi Trust | 3.45% |
| 10.96% Gaursons India Private Limited | 3.37% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Balanced Advantage | Nippon India Conservative Hybrid |
|---|---|---|
| Equity | 71.7% | 10.6% |
| Debt | 18.6% | 68.5% |
| Cash and others | 9.7% | 20.9% |
Market cap of stocks
| Market cap | Nippon India Balanced Advantage | Nippon India Conservative Hybrid |
|---|---|---|
| Large Cap | 52.5% | 9.5% |
| Mid Cap | 11.5% | 1.1% |
| Small Cap | 7.6% | 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 | Nippon India Balanced Advantage | Nippon India Conservative Hybrid |
|---|---|---|
| Banks | 19.9% | 3.4% |
| Retailing | 4.6% | 0.0% |
| IT - Software | 4.2% | 0.8% |
| Finance | 4.1% | 0.4% |
| Automobiles | 3.6% | 1.0% |
| Pharmaceuticals & Biotechnology | 3.6% | 0.5% |
| Power | 3.2% | 0.5% |
| Petroleum Products | 2.5% | 0.8% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Balanced Advantage vs Nippon India Conservative Hybrid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Balanced Advantage Fund | Nippon India Conservative Hybrid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.89% | 1.01% |
| Base expense ratio (Direct) | 0.56% | 0.85% |
| Total expense ratio (Regular) | 1.99% | 1.80% |
| Base expense ratio (Regular) | 1.51% | 1.53% |
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
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Compare Nippon India Conservative Hybrid with
Nippon India Balanced Advantage Fund vs Nippon India Conservative Hybrid Fund: Frequently Asked Questions
What is the difference between Nippon India Balanced Advantage Fund and Nippon India Conservative Hybrid Fund?
Nippon India Balanced Advantage Fund is a Balanced Advantage fund, Nippon India Conservative Hybrid Fund is a Conservative Hybrid fund, run by Nippon India Mutual Fund. Their portfolios overlap 14.6%. Nippon India Balanced Advantage Fund charges 0.89% a year and Nippon India Conservative Hybrid Fund 1.01%.
Which has given higher returns, Nippon India Balanced Advantage Fund or Nippon India Conservative Hybrid Fund?
Over 1 year: Nippon India Balanced Advantage Fund −1.36%, Nippon India Conservative Hybrid Fund +4.80%. Over 3 years: Nippon India Balanced Advantage Fund +10.07% a year, Nippon India Conservative Hybrid Fund +8.44% a year. Over 5 years: Nippon India Balanced Advantage Fund +9.08% a year, Nippon India Conservative Hybrid Fund +8.03% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Balanced Advantage Fund or Nippon India Conservative Hybrid Fund?
Nippon India Balanced Advantage Fund charges less: 0.89% a year against 1.01%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Balanced Advantage Fund and Nippon India Conservative Hybrid Fund overlap?
14.6%. They hold 37 of the same securities, the largest shared ones being CUBEINVIT, MINDSPACE-RR, HDFCBANK. From each fund's latest monthly portfolio.
Which is better for SIP, Nippon India Balanced Advantage Fund or Nippon India Conservative Hybrid Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,54,281 in Nippon India Balanced Advantage Fund (XIRR 8.3% a year) and ₹7,48,710 in Nippon India Conservative Hybrid Fund (XIRR 8.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India Balanced Advantage Fund and Nippon India Conservative Hybrid Fund?
Yes. 14.6% 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.