SBI BSE 100 ETF vs UTI Balanced Advantage Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
SBI BSE 100 ETF is a mutual fund and UTI Balanced Advantage Fund is a Balanced Advantage fund. In the 3 years to 30-10-2026, SBI BSE 100 ETF (Regular) returned 8.8% a year and UTI Balanced Advantage Fund (Direct) returned 8.5% a year. SBI BSE 100 ETF charges 0.16% a year and UTI Balanced Advantage Fund 0.91%. Their portfolios overlap 53.8%: they hold 37 of the same securities.
UTI Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 8.5%
- Expense ratio
- 0.91%
- NAV
- ₹12.80
Which is better, SBI BSE 100 ETF or UTI 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.
- SBI BSE 100 ETF returned more over 3 years: 8.8% a year against 8.5%.
- UTI Balanced Advantage returned more over 1 year: −4.3% against −9.1%.
- SBI BSE 100 ETF costs less: 0.16% a year against 0.91%.
- UTI Balanced Advantage swung less over 3 years: a standard deviation of 7.7% a year against 13.5%.
- UTI Balanced Advantage fell less in its worst fall since 17-08-2023: −10.5% against −16.7%.
- SBI BSE 100 ETF holds more in large companies: 90.2% of the fund in large caps against 57.3%.
- UTI Balanced Advantage is the larger fund: ₹2,856 Cr against ₹9 Cr.
- Their portfolios overlap 53.8%: 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 | SBI BSE 100 ETF | UTI Balanced Advantage Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | UTI Mutual Fund |
| Category | Not available | Balanced Advantage |
| AUM | ₹9 Cr (30-09-2026) | ₹2,856 Cr (30-09-2026) |
| NAV | ₹272.01 (Regular) | ₹12.80 (Direct) |
| Expense ratio (Direct) | Not available | 0.91% |
| Expense ratio (Regular) | 0.16% | 2.01% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | Not available | 10-08-2023 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | "Equity - Mr. Sachin Trivedi, Debt - Mr. Anurag Mittal " |
| Exit load | Not available | Exit load of 1%, if redeemed within 90 days. |
SBI BSE 100 ETF vs UTI 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 |
|---|---|---|---|---|---|---|---|
| SBI BSE 100 ETF (Regular) | +0.93% | −5.53% | −2.97% | −9.05% | +8.78% | +7.62% | +11.52% |
| UTI Balanced Advantage Fund (Direct) | +1.17% | −2.56% | +0.07% | −4.25% | +8.50% | -- | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
SBI BSE 100 ETF vs UTI Balanced Advantage: Year-wise Returns
| Year | SBI BSE 100 ETFSBI BSE 100 ETF | UTI Balanced AdvantageUTI Balanced Advantage |
|---|---|---|
| 2026to date | −9.80% | −5.20% |
| 2025 | +10.33% | +10.20% |
| 2024 | +13.11% | +12.52% |
| 2023 | +23.07% | -- |
| 2022 | +5.85% | -- |
| 2021 | +26.33% | -- |
SBI BSE 100 ETF vs UTI Balanced Advantage: Rolling Returns
Every holding period of both funds, against BSE 100 TRI, the benchmark of SBI BSE 100 ETF
Rolling returns
Every 3-year holding period, 50 of them, one for each trading day from 17-08-2026 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.
SBI BSE 100 ETF (Regular)
UTI Balanced Advantage Fund (Direct)
BSE 100 TRI
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026Oct 2023
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 | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI BSE 100 ETF | 0.0 | 0.0 | 76.0 | 24.0 | 0.0 | 0.0 | 0.0 | 8.7% | 8.5% | 6.8% | 10.8% | 0% |
| UTI Balanced Advantage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8.5% | 8.3% | 7.3% | 10.0% | 18% |
| BSE 100 TRI | 0.0 | 0.0 | 74.0 | 26.0 | 0.0 | 0.0 | 0.0 | 8.9% | 8.7% | 7.0% | 11.0% | -- |
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. The benchmark is BSE 100 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 17-08-2023. Past returns do not promise future returns.
SBI BSE 100 ETF vs UTI 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 01-08-2023 to 30-10-2026: 39 instalments, ₹3,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI BSE 100 ETFSBI BSE 100 ETF (Regular) | ₹3,90,000 | ₹3,97,969 | ₹7,969 | 1.2% |
| UTI Balanced AdvantageUTI Balanced Advantage Fund (Direct) | ₹3,90,000 | ₹4,14,601 | ₹24,601 | 3.7% |
SBI BSE 100 ETFSBI BSE 100 ETF (Regular)
UTI Balanced AdvantageUTI 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.
SBI BSE 100 ETF vs UTI Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI BSE 100 ETF (Regular) | UTI Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.05% | −4.25% |
| Standard deviation | 13.91% | 8.94% |
| Sharpe ratio | -1.03 | -1.06 |
| Sortino ratio | -1.36 | -1.43 |
| Maximum drawdown | −15.0% (31-03-2026) | −10.5% (30-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.16% | -- |
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 | SBI BSE 100 ETF (Regular) | UTI Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.78% | +8.50% |
| Standard deviation | 13.55% | 7.71% |
| Sharpe ratio | 0.20 | 0.32 |
| Sortino ratio | 0.28 | 0.45 |
| Maximum drawdown | −16.7% (28-02-2025) | −10.5% (30-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.18% | -- |
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 | SBI BSE 100 ETF (Regular) | UTI Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.40% | +8.17% |
| Standard deviation | 15.99% | 7.58% |
| Sharpe ratio | 0.30 | 0.28 |
| Sortino ratio | 0.40 | 0.39 |
| Maximum drawdown | −38.2% (23-03-2020) | −10.5% (30-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.44% | -- |
From daily NAVs, 25-03-2015 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.
SBI BSE 100 ETF (Regular)
UTI Balanced Advantage Fund (Direct)
BSE 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI BSE 100 ETF (Regular) | −16.7% | 26-09-2024 | 28-02-2025 | 20-11-2025 | 9 months | −10.6% |
| UTI Balanced Advantage Fund (Direct) | −10.5% | 02-01-2026 | 30-03-2026 | Not yet | -- | −5.7% |
| BSE 100 TRI | −16.7% | 26-09-2024 | 28-02-2025 | 20-11-2025 | 9 months | −10.4% |
From daily values since 17-08-2023, 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.
SBI BSE 100 ETF (Regular)
UTI Balanced Advantage Fund (Direct)
BSE 100 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.
SBI BSE 100 ETF (Regular)
UTI Balanced Advantage Fund (Direct)
BSE 100 TRI
Against BSE 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| SBI BSE 100 ETF (Regular) | 99% | 100% | 0.02% |
| UTI Balanced Advantage Fund (Direct) | 69% | 56% | 6.04% |
From month-end values since 17-08-2023. 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.
SBI BSE 100 ETF vs UTI Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: SBI BSE 100 ETF, September 2026; UTI Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 53.8%
- Held by both
- 37
- Only in SBI BSE 100 ETF
- 63
- Only in UTI Balanced Advantage
- 47
| Security | % of SBI BSE 100 ETF | % of UTI Balanced Advantage |
|---|---|---|
| HDFC Bank Ltd. | 8.26% | 6.71% |
| ICICI Bank Ltd. | 7.24% | 6.61% |
| Reliance Industries Ltd. | 6.01% | 4.29% |
| Bharti Airtel Ltd. | 4.18% | 3.50% |
| State Bank of India | 3.04% | 2.73% |
| Infosys Ltd. | 2.68% | 2.73% |
| Axis Bank Ltd. | 2.68% | 2.91% |
| Kotak Mahindra Bank Ltd. | 2.34% | 3.37% |
| Mahindra & Mahindra Ltd. | 2.01% | 2.02% |
| Bajaj Finance Ltd. | 1.96% | 2.29% |
| Eternal Ltd. | 1.76% | 2.51% |
| Larsen & Toubro Ltd. | 3.35% | 1.52% |
| Titan Company Ltd. | 1.43% | 1.89% |
| Adani Ports and Special Economic Zone Ltd. | 1.07% | 1.26% |
| ITC Ltd. | 1.94% | 1.03% |
| Maruti Suzuki India Ltd. | 1.18% | 1.02% |
| Ultratech Cement Ltd. | 0.98% | 1.29% |
| Tata Consultancy Services Ltd. | 1.58% | 0.97% |
| JSW Steel Ltd. | 0.91% | 0.88% |
| Coal India Ltd. | 0.78% | 1.05% |
| Eicher Motors Ltd. | 0.75% | 0.80% |
| SBI Life Insurance Co. Ltd. | 0.58% | 0.66% |
| Dr. Reddy's Laboratories Ltd. | 0.57% | 0.70% |
| NTPC Ltd. | 1.17% | 0.48% |
| Adani Enterprises Ltd. | 0.75% | 0.47% |
| Coforge Ltd. | 0.46% | 0.54% |
| Hindustan Aeronautics Ltd. | 0.66% | 0.42% |
| HDFC Life Insurance Company Ltd. | 0.42% | 0.37% |
| Info Edge (India) Ltd. | 0.36% | 0.73% |
| Asian Paints Ltd. | 0.83% | 0.35% |
| Divi's Laboratories Ltd. | 0.90% | 0.34% |
| DLF Ltd. | 0.33% | 0.51% |
| Marico Ltd. | 0.32% | 0.63% |
| ICICI Lombard General Insurance Company Ltd. | 0.30% | 0.53% |
| LTM Ltd. | 0.28% | 0.72% |
| Oil & Natural Gas Corporation Ltd. | 0.67% | 0.27% |
| Hero MotoCorp Ltd. | 0.51% | 0.20% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 53.8% means 53.8% 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 SBI BSE 100 ETF
| Security | % of fund |
|---|---|
| Sun Pharmaceutical Industries Ltd. | 1.50% |
| Hindustan Unilever Ltd. | 1.28% |
| Tata Steel Ltd. | 1.16% |
| Bharat Electronics Ltd. | 1.07% |
| Shriram Finance Ltd. | 1.04% |
Largest holdings only in UTI Balanced Advantage Fund
| Security | % of fund |
|---|---|
| 7.06% GS MAT - 10/04/2028 | 3.71% |
| NCD EXPORT IMPORT BANK OF INDIA | 2.07% |
| NCD EXPORT IMPORT BANK OF INDIA | 1.74% |
| CP EXPORT IMPORT BANK OF INDIA | 1.71% |
| CD - SMALL INDST. DEV. BANK OF INDIA - 04/02/2027 | 1.71% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI BSE 100 ETF | UTI Balanced Advantage |
|---|---|---|
| Equity | 100.0% | 68.7% |
| Debt | 0.0% | 25.0% |
| Cash and others | 0.0% | 6.3% |
Market cap of stocks
| Market cap | SBI BSE 100 ETF | UTI Balanced Advantage |
|---|---|---|
| Large Cap | 90.2% | 57.3% |
| Mid Cap | 9.7% | 7.3% |
| Small Cap | 0.0% | 3.1% |
| Not on AMFI's list | 0.0% | 1.0% |
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 | SBI BSE 100 ETF | UTI Balanced Advantage |
|---|---|---|
| Banks | 26.7% | 23.1% |
| IT - Software | 7.5% | 5.7% |
| Petroleum Products | 6.8% | 4.3% |
| Automobiles | 6.5% | 4.8% |
| Finance | 5.8% | 2.3% |
| Telecom - Services | 4.5% | 3.5% |
| Consumer Durables | 2.9% | 3.3% |
The six largest sectors of each fund's stocks, % of the fund.
SBI BSE 100 ETF vs UTI Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI BSE 100 ETF | UTI Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.91% |
| Base expense ratio (Direct) | 0.00% | 0.68% |
| Total expense ratio (Regular) | 0.16% | 2.01% |
| Base expense ratio (Regular) | 0.12% | 1.68% |
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 UTI Balanced Advantage with
SBI BSE 100 ETF vs UTI Balanced Advantage Fund: Frequently Asked Questions
What is the difference between SBI BSE 100 ETF and UTI Balanced Advantage Fund?
SBI BSE 100 ETF is a mutual fund, UTI Balanced Advantage Fund is a Balanced Advantage fund, run by SBI Mutual Fund and UTI Mutual Fund. Their portfolios overlap 53.8%. SBI BSE 100 ETF charges 0.16% a year and UTI Balanced Advantage Fund 0.91%.
Which has given higher returns, SBI BSE 100 ETF or UTI Balanced Advantage Fund?
Over 1 year: SBI BSE 100 ETF −9.05%, UTI Balanced Advantage Fund −4.25%. Over 3 years: SBI BSE 100 ETF +8.78% a year, UTI Balanced Advantage Fund +8.50% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI BSE 100 ETF or UTI Balanced Advantage Fund?
SBI BSE 100 ETF charges less: 0.16% a year against 0.91%. These are the total expense ratios reported to AMFI.
How much do SBI BSE 100 ETF and UTI Balanced Advantage Fund overlap?
53.8%. They hold 37 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, SBI BSE 100 ETF or UTI Balanced Advantage Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,72,729 in SBI BSE 100 ETF (XIRR 0.5% a year) and ₹3,89,002 in UTI Balanced Advantage Fund (XIRR 3.2% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both SBI BSE 100 ETF and UTI Balanced Advantage Fund?
Yes. 53.8% of each fund's money sits in the same holdings, so a large part 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.