NJ Balanced Advantage Fund vs Quantum ESG Best In Class Strategy Fund
Direct Plan, Growth option · Data as on 30-10-2026
NJ Balanced Advantage Fund is a Balanced Advantage fund and Quantum ESG Best In Class Strategy Fund is a Thematic fund. In the 3 years to 30-10-2026, NJ Balanced Advantage Fund (Direct) returned 7.7% a year and Quantum ESG Best In Class Strategy Fund (Direct) returned 7.4% a year. NJ Balanced Advantage Fund charges 1.10% a year and Quantum ESG Best In Class Strategy Fund 0.80% (Direct plans). Their portfolios overlap 26.6%: they hold 26 of the same securities.
NJ Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 7.7%
- Expense ratio
- 1.10%
- NAV
- ₹14.13
Quantum ESG Best In Class Strategy Fund
Thematic
- 3 year return
- 7.4%
- Expense ratio
- 0.80%
- NAV
- ₹23.30
Which is better, NJ Balanced Advantage or Quantum ESG Best In Class Strategy? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- NJ Balanced Advantage returned more over 3 years: 7.7% a year against 7.4%.
- NJ Balanced Advantage returned more over 1 year: −1.5% against −9.4%.
- Quantum ESG Best In Class Strategy costs less: 0.80% a year against 1.10% (Direct plans).
- NJ Balanced Advantage swung less over 3 years: a standard deviation of 8.3% a year against 13.4%.
- NJ Balanced Advantage fell less in its worst fall since 01-11-2021: −14.8% against −19.8%.
- NJ Balanced Advantage holds more in large companies: 56.7% of the fund in large caps against 40.3%.
- Their portfolios overlap 26.6%: 26 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 | NJ Balanced Advantage Fund | Quantum ESG Best In Class Strategy Fund |
|---|---|---|
| Fund house | NJ Mutual Fund | Quantum Mutual Fund |
| Category | Balanced Advantage | Thematic |
| AUM | Not available | ₹88 Cr (30-09-2026) |
| NAV | ₹14.13 (Direct) | ₹23.30 (Direct) |
| Expense ratio (Direct) | 1.10% | 0.80% |
| Expense ratio (Regular) | 2.39% | 2.24% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | Nifty 100 ESG TRI |
| Launch date | 29-10-2021 | 12-07-2019 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Dhaval Patel, Viral Shah, Jaimin Ilavia | Chirag Mehta, Rajorshi Palit |
| Exit load | Nil | For units more than 10% of the investments, an exit load of 1% if redeemed within 365 days. |
NJ Balanced Advantage vs Quantum ESG Best In Class Strategy: 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 |
|---|---|---|---|---|---|---|---|
| NJ Balanced Advantage Fund (Direct) | −0.49% | −3.81% | +0.57% | −1.53% | +7.67% | -- | -- |
| Quantum ESG Best In Class Strategy Fund (Direct) | −1.69% | −7.65% | −2.14% | −9.41% | +7.36% | +6.21% | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 38 Balanced Advantage funds and the 235 Thematic funds, same plan type.
NJ Balanced Advantage vs Quantum ESG Best In Class Strategy: Year-wise Returns
| Year | NJ Balanced AdvantageNJ Balanced Advantage | Quantum ESG Best In Class StrategyQuantum ESG Best In Class Strategy |
|---|---|---|
| 2026to date | −2.08% | −9.20% |
| 2025 | +2.78% | +3.18% |
| 2024 | +11.52% | +16.54% |
| 2023 | +24.53% | +25.83% |
| 2022 | +1.10% | −3.09% |
| 2021 | -- | +31.48% |
NJ Balanced Advantage vs Quantum ESG Best In Class Strategy: Rolling Returns
Every holding period of both funds, against NIFTY100 ESG TRI, the benchmark of Quantum ESG Best In Class Strategy Fund
Rolling returns
Every 3-year holding period, 491 of them, one for each trading day from 04-11-2024 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.
NJ Balanced Advantage Fund (Direct)
Quantum ESG Best In Class Strategy Fund (Direct)
NIFTY100 ESG TRI
to
Jan 2025May 2022
to
May 2025Sept 2022
to
Sept 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NJ Balanced Advantage | 0.0 | 0.0 | 14.9 | 79.6 | 5.5 | 0.0 | 0.0 | 11.9% | 12.0% | 7.1% | 16.0% | 22% |
| Quantum ESG Best In Class Strategy | 0.0 | 0.0 | 16.1 | 67.3 | 16.5 | 0.0 | 0.0 | 12.8% | 13.1% | 6.0% | 19.9% | 46% |
| NIFTY100 ESG TRI | 0.0 | 0.0 | 10.8 | 61.3 | 27.9 | 0.0 | 0.0 | 13.3% | 13.3% | 7.9% | 19.2% | -- |
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. The benchmark is NIFTY100 ESG TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 01-11-2021. Past returns do not promise future returns.
NJ Balanced Advantage vs Quantum ESG Best In Class Strategy: 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 01-11-2021 to 30-10-2026: 60 instalments, ₹6,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| NJ Balanced AdvantageNJ Balanced Advantage Fund (Direct) | ₹6,00,000 | ₹7,04,216 | ₹1,04,216 | 6.4% |
| Quantum ESG Best In Class StrategyQuantum ESG Best In Class Strategy Fund (Direct) | ₹6,00,000 | ₹6,77,707 | ₹77,707 | 4.8% |
NJ Balanced AdvantageNJ Balanced Advantage Fund (Direct)
Quantum ESG Best In Class StrategyQuantum ESG Best In Class Strategy 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.
NJ Balanced Advantage vs Quantum ESG Best In Class Strategy: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | NJ Balanced Advantage Fund (Direct) | Quantum ESG Best In Class Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.53% | −9.41% |
| Standard deviation | 7.76% | 15.07% |
| Sharpe ratio | -0.87 | -0.97 |
| Sortino ratio | -1.14 | -1.28 |
| Maximum drawdown | −8.7% (30-03-2026) | −16.5% (30-03-2026) |
| Beta | -- | 0.99 |
| Alpha | -- | −3.75% |
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 | NJ Balanced Advantage Fund (Direct) | Quantum ESG Best In Class Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.67% | +7.36% |
| Standard deviation | 8.26% | 13.41% |
| Sharpe ratio | 0.20 | 0.10 |
| Sortino ratio | 0.27 | 0.14 |
| Maximum drawdown | −14.8% (07-04-2025) | −19.8% (30-03-2026) |
| Beta | -- | 0.91 |
| Alpha | -- | −2.79% |
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 | NJ Balanced Advantage Fund (Direct) | Quantum ESG Best In Class Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.15% | +12.28% |
| Standard deviation | 8.02% | 15.36% |
| Sharpe ratio | 0.17 | 0.47 |
| Sortino ratio | 0.22 | 0.63 |
| Maximum drawdown | −14.8% (07-04-2025) | −33.1% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 01-11-2021 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.
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.
NJ Balanced Advantage Fund (Direct)
Quantum ESG Best In Class Strategy Fund (Direct)
NIFTY100 ESG TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| NJ Balanced Advantage Fund (Direct) | −14.8% | 03-09-2024 | 07-04-2025 | Not yet | -- | −7.0% |
| Quantum ESG Best In Class Strategy Fund (Direct) | −19.8% | 27-09-2024 | 30-03-2026 | Not yet | -- | −13.8% |
| NIFTY100 ESG TRI | −19.9% | 17-01-2022 | 17-06-2022 | 14-07-2023 | 13 months | −8.8% |
From daily values since 01-11-2021, 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.
NJ Balanced Advantage Fund (Direct)
Quantum ESG Best In Class Strategy Fund (Direct)
NIFTY100 ESG TRI
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.
NJ Balanced Advantage Fund (Direct)
Quantum ESG Best In Class Strategy Fund (Direct)
NIFTY100 ESG TRI
Against NIFTY100 ESG TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| NJ Balanced Advantage Fund (Direct) | 64% | 49% | 7.04% |
| Quantum ESG Best In Class Strategy Fund (Direct) | 90% | 91% | 3.91% |
From month-end values since 01-11-2021. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
NJ Balanced Advantage vs Quantum ESG Best In Class Strategy: Portfolio Overlap
From each fund's latest monthly portfolio: NJ Balanced Advantage Fund, September 2026; Quantum ESG Best In Class Strategy Fund, September 2026
Holdings in common
- Overlap
- 26.6%
- Held by both
- 26
- Only in NJ Balanced Advantage
- 115
- Only in Quantum ESG Best In Class Strategy
- 25
| Security | % of NJ Balanced Advantage | % of Quantum ESG Best In Class Strategy |
|---|---|---|
| HDFC Bank Limited | 5.60% | 4.05% |
| Marico Limited | 3.17% | 3.76% |
| Bosch Limited | 3.55% | 3.02% |
| Eicher Motors Limited | 2.74% | 2.02% |
| Dr. Lal Path Labs Limited | 3.18% | 1.98% |
| Kotak Mahindra Bank Limited | 1.84% | 1.86% |
| Bajaj Finance Limited | 1.52% | 2.91% |
| Hero MotoCorp Limited | 1.61% | 1.51% |
| Colgate Palmolive (India) Limited | 0.91% | 0.87% |
| Havells India Limited | 0.81% | 1.48% |
| Bajaj Auto Limited | 0.78% | 1.84% |
| Mahindra & Mahindra Limited | 0.70% | 2.16% |
| Infosys Limited | 0.70% | 2.07% |
| Castrol India Limited | 0.64% | 1.62% |
| HCL Technologies Limited | 0.54% | 1.81% |
| ABB India Limited | 0.52% | 1.23% |
| Crompton Greaves Consumer Electricals Limited | 0.52% | 1.41% |
| Tata Consultancy Services Limited | 0.44% | 1.69% |
| Titan Company Limited | 0.36% | 2.17% |
| Maruti Suzuki India Limited | 0.25% | 1.91% |
| HDFC Life Insurance Company Limited | 0.20% | 2.76% |
| Amber Enterprises India Limited | 0.06% | 2.12% |
| TVS Motor Company Limited | 0.05% | 6.32% |
| IndusInd Bank Limited | 0.05% | 0.94% |
| Wipro Limited | 0.02% | 0.49% |
| Hitachi Energy India Limited | 0.00% | 2.15% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 26.6% means 26.6% 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 NJ Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Reliance Industries Limited | 4.63% |
| ICICI Bank Limited | 4.14% |
| Torrent Pharmaceuticals Limited | 3.61% |
| Sun Pharmaceutical Industries Limited | 2.64% |
| Britannia Industries Limited | 2.47% |
Largest holdings only in Quantum ESG Best In Class Strategy Fund
| Security | % of fund |
|---|---|
| The Federal Bank Ltd | 3.58% |
| Persistent Systems Ltd | 3.39% |
| VA Tech Wabag Ltd | 3.24% |
| ION Exchange (India) Ltd | 2.32% |
| ICICI Lombard General Insurance Company Ltd | 2.20% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | NJ Balanced Advantage | Quantum ESG Best In Class Strategy |
|---|---|---|
| Equity | 90.4% | 98.5% |
| Debt | 4.5% | 0.0% |
| Cash and others | 5.1% | 1.5% |
Market cap of stocks
| Market cap | NJ Balanced Advantage | Quantum ESG Best In Class Strategy |
|---|---|---|
| Large Cap | 56.7% | 40.3% |
| Mid Cap | 22.2% | 27.1% |
| Small Cap | 10.7% | 31.1% |
| 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 | NJ Balanced Advantage | Quantum ESG Best In Class Strategy |
|---|---|---|
| Automobiles | 6.2% | 16.9% |
| Banks | 15.9% | 10.4% |
| Pharmaceuticals & Biotechnology | 15.2% | 0.0% |
| Consumer Durables | 3.8% | 11.1% |
| IT - Software | 3.6% | 9.4% |
| Insurance | 0.4% | 6.9% |
| Healthcare Services | 3.2% | 5.9% |
| Petroleum Products | 5.3% | 1.6% |
| Finance | 4.4% | 4.6% |
| Auto Components | 4.4% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
NJ Balanced Advantage vs Quantum ESG Best In Class Strategy: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | NJ Balanced Advantage Fund | Quantum ESG Best In Class Strategy Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.10% | 0.80% |
| Base expense ratio (Direct) | 0.57% | 0.63% |
| Total expense ratio (Regular) | 2.39% | 2.24% |
| Base expense ratio (Regular) | 1.66% | 1.85% |
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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NJ Balanced Advantage Fund vs Quantum ESG Best In Class Strategy Fund: Frequently Asked Questions
What is the difference between NJ Balanced Advantage Fund and Quantum ESG Best In Class Strategy Fund?
NJ Balanced Advantage Fund is a Balanced Advantage fund, Quantum ESG Best In Class Strategy Fund is a Thematic fund, run by NJ Mutual Fund and Quantum Mutual Fund. Their portfolios overlap 26.6%. NJ Balanced Advantage Fund charges 1.10% a year and Quantum ESG Best In Class Strategy Fund 0.80%.
Which has given higher returns, NJ Balanced Advantage Fund or Quantum ESG Best In Class Strategy Fund?
Over 1 year: NJ Balanced Advantage Fund −1.53%, Quantum ESG Best In Class Strategy Fund −9.41%. Over 3 years: NJ Balanced Advantage Fund +7.67% a year, Quantum ESG Best In Class Strategy Fund +7.36% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, NJ Balanced Advantage Fund or Quantum ESG Best In Class Strategy Fund?
Quantum ESG Best In Class Strategy Fund charges less: 0.80% a year against 1.10%. These are the Direct plans' total expense ratios reported to AMFI.
How much do NJ Balanced Advantage Fund and Quantum ESG Best In Class Strategy Fund overlap?
26.6%. They hold 26 of the same securities, the largest shared ones being HDFCBANK, MARICO, BOSCHLTD. From each fund's latest monthly portfolio.
Which is riskier, NJ Balanced Advantage Fund or Quantum ESG Best In Class Strategy Fund?
On SEBI's riskometer, NJ Balanced Advantage Fund is rated Very High and Quantum ESG Best In Class Strategy Fund Very High. Over 3 years, the standard deviation of daily returns was 8.26% and 13.41% a year.
Which is better for SIP, NJ Balanced Advantage Fund or Quantum ESG Best In Class Strategy Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-11-2021 to 30-10-2026 grew to ₹7,04,216 in NJ Balanced Advantage Fund (XIRR 6.4% a year) and ₹6,77,707 in Quantum ESG Best In Class Strategy Fund (XIRR 4.8% a year). Both received 60 instalments. Past returns do not promise future returns.
Can I invest in both NJ Balanced Advantage Fund and Quantum ESG Best In Class Strategy Fund?
Yes. 26.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages NJ Balanced Advantage Fund and Quantum ESG Best In Class Strategy Fund?
NJ Balanced Advantage Fund: Dhaval Patel, Viral Shah, Jaimin Ilavia. Quantum ESG Best In Class Strategy Fund: Chirag Mehta, Rajorshi Palit.
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.