UTI Balanced Hybrid Fund vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
UTI Balanced Hybrid Fund is a Hybrid fund and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund is an Index fund. UTI Balanced Hybrid Fund charges 1.93% a year and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund 0.79% (Direct plans). Their portfolios overlap 26.5%: they hold 22 of the same securities.
Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund
Index
- Expense ratio
- 0.79%
- NAV
- ₹9.68
Which is better, UTI Balanced Hybrid or Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index costs less: 0.79% a year against 1.93% (Direct plans).
- UTI Balanced Hybrid fell less in its worst fall since 07-09-2026: −3.1% against −6.6%.
- Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index holds more in large companies: 35.8% of the fund in large caps against 20.4%.
- UTI Balanced Hybrid is the larger fund: ₹160 Cr against ₹14 Cr.
- Their portfolios overlap 26.5%: 22 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 | UTI Balanced Hybrid Fund | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund |
|---|---|---|
| Fund house | UTI Mutual Fund | Zerodha Mutual Fund |
| Category | Hybrid | Index |
| AUM | ₹160 Cr (30-09-2026) | ₹14 Cr (30-09-2026) |
| NAV | ₹9.82 (Direct) | ₹9.68 (Direct) |
| Expense ratio (Direct) | 1.93% | 0.79% |
| Expense ratio (Regular) | 3.23% | Not available |
| Riskometer | High | Very High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 TRI |
| Launch date | 02-09-2026 | 20-04-2026 |
| Minimum investment | ₹1,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Ajay Tyagi FM 1, Kamal Gada FM 2, Anurag Mittal FM 3 | Kedarnath Mirajkar |
| Exit load | Redemption / switch-out of 10% of Units allotted on or before completion of 12 months from the date of allotment- Nil exit loadRedemption/ switch out in excess of the 10% of Units allotted on or before completion of 12 months from the date of allotment – 1.00% exit loadIf redeemed / switched out after 12 months from the date of allotment – Nil exit load | Nil |
UTI Balanced Hybrid vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: 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 |
|---|---|---|---|---|---|---|---|
| UTI Balanced Hybrid Fund (Direct) | −1.01% | -- | -- | -- | -- | -- | -- |
| Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct) | −1.25% | −5.60% | −2.41% | -- | -- | -- | -- |
UTI Balanced Hybrid vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Rolling Returns
Every holding period of both funds
UTI Balanced Hybrid vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | UTI Balanced Hybrid Fund (Direct) | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −12.23% | −6.50% |
| Standard deviation | 5.56% | 9.24% |
| Sharpe ratio | -3.17 | -1.28 |
| Sortino ratio | -3.62 | -1.65 |
| Maximum drawdown | −3.1% (23-10-2026) | −8.4% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-09-2026 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.
UTI Balanced Hybrid Fund (Direct)
Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| UTI Balanced Hybrid Fund (Direct) | −3.1% | 18-09-2026 | 23-10-2026 | Not yet | -- | −2.2% |
| Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct) | −6.6% | 07-09-2026 | 23-10-2026 | Not yet | -- | −5.0% |
From daily values since 07-09-2026, the first day every fund has.
UTI Balanced Hybrid vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: UTI Balanced Hybrid Fund, September 2026; Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund, September 2026
Holdings in common
- Overlap
- 26.5%
- Held by both
- 22
- Only in UTI Balanced Hybrid
- 5
- Only in Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index
- 229
| Security | % of UTI Balanced Hybrid | % of Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| 06.94% GSEC Mat- 11/05/2036 | 15.35% | 29.83% |
| EQ - HDFC BANK LIMITED | 2.77% | 2.93% |
| EQ - ICICI BANK LTD | 2.69% | 2.55% |
| EQ - KOTAK MAHINDRA BANK LTD. | 2.94% | 0.83% |
| EQ - ETERNAL LIMITED | 2.39% | 0.63% |
| EQ - ONE 97 COMMUNICATIONS LTD | 0.53% | 0.61% |
| EQ - SUN PHARMACEUTICALS INDUSTRIES | 1.60% | 0.51% |
| EQ - PERSISTENT SYSTEMS LTD. | 1.24% | 0.49% |
| EQ - LENSKART SOLUTIONS LTD | 0.73% | 0.43% |
| EQ - SHRIRAM FINANCE LTD | 0.71% | 0.37% |
| EQ - SRF LTD. | 1.52% | 0.31% |
| EQ - INTERGLOBE AVIATION LTD | 2.47% | 0.29% |
| EQ - JINDAL STAINLESS LTD. | 1.40% | 0.20% |
| EQ-JSW INFRASTRUCTURE LIMITED | 1.52% | 0.18% |
| EQ - COROMANDEL INTERNATIONAL LTD. | 1.32% | 0.18% |
| EQ - TATA COMMUNICATIONS LTD. | 1.38% | 0.17% |
| EQ - LG ELECTRONICS INDIA LTD | 1.52% | 0.15% |
| EQ - SCHAEFFLER INDIA LTD | 2.51% | 0.13% |
| EQ - PIDILITE INDUSTRIES LTD. | 1.49% | 0.12% |
| EQ - HDFC ASSET MANAGEMENT COMPANY | 1.48% | 0.12% |
| EQ - ANTHEM BIOSCIENCES LTD | 0.69% | 0.08% |
| EQ - HYUNDAI MOTOR INDIA LTD | 1.83% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 26.5% means 26.5% 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 UTI Balanced Hybrid Fund
| Security | % of fund |
|---|---|
| EQ - AAVAS FINANCIERS LTD. | 1.37% |
| EQ - BRIGADE ENTERPRISES LTD. | 1.32% |
| INVIT - IRB INVIT FUND | 1.05% |
| EQ - RATNAMANI METALS & TUBES LTD. | 0.96% |
| EQ - NAVIN FLUORINE INTERNATIONAL L | 0.52% |
Largest holdings only in Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund
| Security | % of fund |
|---|---|
| Reliance Industries Limited | 2.14% |
| Bharti Airtel Limited | 1.44% |
| Larsen & Toubro Limited | 1.18% |
| State Bank of India | 1.07% |
| Infosys Limited | 0.95% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | UTI Balanced Hybrid | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Equity | 38.9% | 68.7% |
| Debt | 15.3% | 29.8% |
| Cash and others | 45.8% | 1.4% |
Market cap of stocks
| Market cap | UTI Balanced Hybrid | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Large Cap | 20.4% | 35.8% |
| Mid Cap | 14.4% | 32.1% |
| Small Cap | 4.2% | 0.9% |
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 | UTI Balanced Hybrid | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Banks | 8.4% | 11.8% |
| Pharmaceuticals & Biotechnology | 2.3% | 4.6% |
| Finance | 2.1% | 4.5% |
| IT - Software | 1.2% | 3.8% |
| Chemicals & Petrochemicals | 3.5% | 0.8% |
| Retailing | 3.1% | 3.0% |
| Automobiles | 1.8% | 2.8% |
| Auto Components | 2.5% | 1.9% |
| Transport Services | 2.5% | 0.4% |
The six largest sectors of each fund's stocks, % of the fund.
UTI Balanced Hybrid vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | UTI Balanced Hybrid Fund | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.93% | 0.79% |
| Base expense ratio (Direct) | 0.75% | 0.30% |
| Total expense ratio (Regular) | 3.23% | Not available |
| Base expense ratio (Regular) | 1.85% | 0.00% |
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.
UTI Balanced Hybrid Fund vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund: Frequently Asked Questions
What is the difference between UTI Balanced Hybrid Fund and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
UTI Balanced Hybrid Fund is a Hybrid fund, Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund is an Index fund, run by UTI Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 26.5%. UTI Balanced Hybrid Fund charges 1.93% a year and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund 0.79%.
Which has the lower expense ratio, UTI Balanced Hybrid Fund or Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund charges less: 0.79% a year against 1.93%. These are the Direct plans' total expense ratios reported to AMFI.
How much do UTI Balanced Hybrid Fund and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund overlap?
26.5%. They hold 22 of the same securities, the largest shared ones being 06.94% GSEC Mat- 11/05/2036, HDFCBANK, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, UTI Balanced Hybrid Fund or Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
On SEBI's riskometer, UTI Balanced Hybrid Fund is rated High and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund Very High. Over their common history, the standard deviation of daily returns was 5.56% and 9.24% a year.
Can I invest in both UTI Balanced Hybrid Fund and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
Yes. 26.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages UTI Balanced Hybrid Fund and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
UTI Balanced Hybrid Fund: Ajay Tyagi FM 1, Kamal Gada FM 2, Anurag Mittal FM 3. Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund: Kedarnath Mirajkar.
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.