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    Motilal Oswal Balanced Advantage Fund

    Balanced AdvantageDirect and Regular plans, Growth option

    Data as on 30-10-2026

    Compare this fundTrack this fund

    Motilal Oswal Balanced Advantage Fund is a Balanced Advantage fund run by Motilal Oswal Mutual Fund. On 30-09-2026, it managed ₹712 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 2.7% a year and its Regular plan returned 1.4% a year. Its benchmark, NIFTY 50 Hybrid Composite Debt 65:35 Index, returned 6.1% a year over the same 3 years.

    NAV (Direct plan)
    ₹21.74
    ▼ 0.06%30-10-2026
    NAV (Regular plan)
    ₹19.24
    ▼ 0.07%30-10-2026
    Expense ratio
    1.55%Direct2.81%Regular
    Riskometer
    Very High
    Set by the fund house
    3 year return
    2.7%Direct1.4%Regular

    Motilal Oswal Balanced Advantage Fund NAV Today

    NAV on 30-10-2026: Direct Plan Growth ₹21.74 (down 0.06% that day); Regular Plan Growth ₹19.24 (down 0.07% that day).

    Motilal Oswal Balanced Advantage Fund Returns vs NIFTY 50 Hybrid Composite Debt 65:35 Index

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Trailing returns
    Period1M3M6M1Y3Y5Y10Y
    This fund (Direct)+0.24%+1.94%+8.19%−4.37%+2.71%+5.58%+7.96%
    This fund (Regular)+0.14%+1.61%+7.50%−5.58%+1.38%+4.24%+6.66%
    NIFTY 50 Hybrid Composite Debt 65:35 Index−4.12%−3.58%+2.00%−3.96%+6.10%+6.13%--
    Balanced Advantage average−0.55%−2.88%+0.08%−2.08%+9.14%+8.35%+9.91%
    Best in Balanced Advantage+1.54%+1.98%+8.19%+8.40%+12.82%+13.03%+13.61%
    Worst in Balanced Advantage−3.94%−6.19%−4.43%−6.88%+2.71%+5.58%+7.30%
    Rank in Balanced Advantage7/372/371/3728/3630/3020/209/11

    Category rows compare the Direct plans of 38 Balanced Advantage funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

    Motilal Oswal Balanced Advantage Fund Year-wise Returns

    Return of each calendar year
    YearDirectRegular
    2026to date+1.00%−0.06%
    2025−5.86%−7.15%
    2024+10.76%+9.37%
    2023+25.60%+24.10%
    2022+0.14%−1.11%
    2021+8.74%+7.41%

    Motilal Oswal Balanced Advantage Fund Rolling Returns

    The return of every holding period in the fund's history, not only the one that ends today

    Rolling returns

    Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 1,746 periods, one for each trading day from 30-09-2019 to 30-10-2026.

    0%5%10%15%20%
    Apr 2017
    to
    Apr 2020    Jul 2018
    to
    Jul 2021    Sept 2019
    to
    Sept 2022    Dec 2020
    to
    Dec 2023    Feb 2022
    to
    Feb 2025    Apr 2023
    to
    Apr 2026
    Motilal Oswal Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds

    Every holding period at a glance

    PeriodPeriodsMedianLowestHighestWith a lossCategory medianBeat category
    1 year2,2377.0%−15.8%41.6%29%8.7%34%
    2 years1,9908.3%−8.0%25.6%12%11.2%33%
    3 years1,7469.2%0.5%15.8%0%12.2%18%
    5 years1,2538.9%4.0%15.5%0%11.6%0%
    7 years7588.8%5.9%11.7%0%11.7%0%
    10 years218.1%7.6%8.2%0%10.0%0%

    Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

    Motilal Oswal Balanced Advantage Fund Risk

    How much it swings, and the falls an investor had to sit through

    Risk and return

    MeasureMotilal Oswal Balanced Advantage Fund (Direct)This fundCategory average
    Return (CAGR)+2.71%+9.05%
    Standard deviation12.29%7.94%
    Sharpe ratio-0.270.38
    Sortino ratio-0.360.51
    Maximum drawdown−26.5% (28-02-2025)−9.4% (28-02-2025)

    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.

    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.

    −30%−25%−20%−15%−10%−5%0%
    20172019202120232025
    Motilal Oswal Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds
    Worst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Motilal Oswal Balanced Advantage Fund (Direct)−26.5%05-09-202428-02-2025Not yet--−15.1%
    Category average−22.6%12-02-202023-03-202018-08-20205 months−4.2%

    From the Direct plan's daily NAV since 28-09-2016, adjusted for unit splits, and the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

    Motilal Oswal Balanced Advantage Fund vs Other Balanced Advantage Funds

    The five Balanced Advantage funds with the best three year return, and this fund. Direct plans.

    Fund nameRankAUM (Cr)Exp. ratio1Y return3Y return3Y alpha3Y beta3Y Sharpe3Y Sortino
    quant Dynamic Asset Allocation Fund1/308101.55%−5.79%+12.82%----0.490.67Compare
    Aditya Birla Sun Life Balanced Advantage Fund2/309,8360.89%+2.18%+11.60%----0.670.94Compare
    Baroda BNP Paribas Balanced Advantage Fund3/305,1620.92%−0.62%+11.52%----0.520.70Compare
    Axis Balanced Advantage Fund4/303,6511.00%−1.41%+11.50%----0.680.95Compare
    WhiteOak Capital Balanced Advantage Fund5/302,2560.84%−0.57%+11.37%----0.640.88Compare
    Motilal Oswal Balanced Advantage Fund30/307121.55%−4.37%+2.71%-----0.27-0.36

    AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

    Motilal Oswal Balanced Advantage Fund Expense Ratio and Costs

    What each plan charges a year, in force from 01-10-2026

    PlanBase expense ratioBrokerageTransaction costsLevies and GSTTotal expense ratioBalanced Advantage medianCost rank (1 = cheapest)
    Direct0.93%0.12%0.01%0.49%1.55%1.04%35/38
    Regular2.04%0.12%0.01%0.64%2.81%2.30%32/38

    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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Balanced Advantage funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

    Direct vs Regular: what the gap cost

    Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

    Over the lastRegularDirectDirect earned more by₹1 lakh became (Regular)₹1 lakh became (Direct)
    1 year−5.58%−4.37%1.21%₹94,420₹95,630
    3 years1.38%2.71%1.33% a year₹1,04,197₹1,08,352
    5 years4.24%5.58%1.34% a year₹1,23,076₹1,31,192
    10 years6.66%7.96%1.30% a year₹1,90,553₹2,15,094

    Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

    Motilal Oswal Balanced Advantage Fund SIP Calculator

    What a one-time or monthly investment in this fund would be worth today, from its own NAV history

    Growth of an investment

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 28-09-2016 to 30-10-2026: 122 instalments, ₹12,20,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Direct planMotilal Oswal Balanced Advantage Fund (Direct) ₹12,20,000 ₹17,49,537 ₹5,29,537 6.9%
    Regular planMotilal Oswal Balanced Advantage Fund (Regular) ₹12,20,000 ₹16,28,029 ₹4,08,029 5.5%
    Category averageCategory average, 38 Balanced Advantage funds ₹12,20,000 ₹20,35,647 ₹8,15,647 9.7%
    ₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L₹25.0 L
    20172019202120232025
    Direct planMotilal Oswal Balanced Advantage Fund (Direct)Regular planMotilal Oswal Balanced Advantage Fund (Regular)Category averageCategory average, 38 Balanced Advantage fundsAmount invested

    From each plan's published NAV (Growth option) and the category average, 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.

    Motilal Oswal Balanced Advantage Fund Asset Allocation

    Asset allocation as on 30-09-2026

    What the fund holds

    68.5%Equity

    AssetFundCategory
    Equity68.5%69.0%
    Debt17.3%23.0%
    Cash and others14.2%7.9%

    Market cap of stocks

    Market capFundCategory
    Large Cap35.0%47.4%
    Mid Cap18.5%11.6%
    Small Cap6.2%8.8%
    Not on AMFI's list8.8%1.4%

    Share of the whole fund. Category: the average of the Balanced Advantage funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

    Credit rating

    Bonds and money market papers by credit rating, % of the fund. Category: the average of 37 Balanced Advantage funds.

    RatingFundCategory
    AAA and A1+13.8%11.3%
    AA3.5%3.3%

    Motilal Oswal Balanced Advantage Fund Sector Allocation

    Sector allocation of the fund's stocks as on 30-09-2026

    Largest sectors

    1. Banks11.0%

    2. Electrical Equipment8.1%

    3. Consumer Durables7.5%

    4. Retailing6.8%

    5. Capital Markets5.6%

    6. Beverages5.2%

    7. Pharmaceuticals & Biotechnology4.5%

    8. IT - Software4.1%

    9. Auto Components3.3%

    10. Textiles & Apparels2.9%

    The ten largest of 15 sectors. The other 5 add up to 9.4%.

    Sector changes

    SectorJuly 2026August 2026September 2026Change
    Banks9.3%9.9%11.0%+1.7%
    Electrical Equipment10.3%7.6%8.1%−2.2%
    Consumer Durables5.4%7.6%7.5%+2.1%
    Retailing5.9%6.5%6.8%+0.9%
    Capital Markets3.4%3.3%5.6%+2.2%

    Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

    Motilal Oswal Balanced Advantage Fund Portfolio Holdings

    As on 30-09-2026 · 31 holdings · from the fund house's monthly portfolio

    HoldingsSector / RatingWeight%Holdings trend1M change
    Kotak Mahindra Bank LtdBanks4.35%+21.1%
    Coforge LimitedIT - Software4.06%0.0%
    Eternal LimitedRetailing3.55%0.0%
    ICICI Prudential Asset Management Company LimitedCapital Markets3.51%0.0%
    7.4091% HDB Financial Services Limited 2028 · BondCRISIL AAA3.47%
    7.3763% Bajaj Finance Limited 2028 · BondCRISIL AAA3.47%
    7.1554% Kotak Mahindra Prime Limited 2028CRISIL AAA3.46%
    7.88% Muthoot Finance Limited 2028 · BondCRISIL AA+3.45%
    Axis Bank LimitedBanks3.45%+16.5%
    7.12% Tata Capital Limited 2028 · BondCRISIL AAA3.44%

    Motilal Oswal Balanced Advantage Fund Stocks Bought and Sold

    All changes are between August 2026 and September 2026

    More
    Stocks bought and sold in September 2026
    Kotak Mahindra Bank LtdAdded+21.1%4.35%
    Shriram Finance LimitedReduced−45.4%1.82%
    Axis Bank LimitedAdded+16.5%3.45%
    Ather Energy LimitedSold out−100%was 2.88%
    Kanohar Electricals LimitedNewNew2.67%
    Manipal Health Enterprises LtdReduced−38.5%1.59%
    Schneider Electric Infrastructure LimitedSold out−100%was 2.22%
    Billionbrains Garage Ventures LtdNewNew2.11%
    Bharti Airtel LimitedSold out−100%was 1.49%
    Mankind Pharma LimitedNewNew1.36%

    A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

    What Motilal Oswal Balanced Advantage Fund bought and sold

    Motilal Oswal Balanced Advantage Fund Portfolio Overlap

    Funds with the most similar portfolios, across every fund house and category

    FundOverlapHoldings in common
    Motilal Oswal Focused FundFocused · Motilal Oswal24.2%9Compare
    HDFC Large Cap FundLarge Cap · HDFC24.1%11Compare
    Motilal Oswal Multi Cap FundMulti Cap · Motilal Oswal24.0%10Compare
    Aditya Birla Sun Life ESG Integration Strategy FundThematic · Aditya Birla Sun Life23.8%12Compare
    Invesco India Large cap FundLarge Cap · Invesco23.7%10Compare
    Aditya Birla Sun Life Large Cap FundLarge Cap · Aditya Birla Sun Life23.1%13Compare
    PGIM India Large Cap FundLarge Cap · PGIM India22.3%13Compare
    JM Large Cap FundLarge Cap · JM Financial21.9%10Compare

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

    Motilal Oswal Balanced Advantage Fund Overview

    Fund facts from the scheme summary document, as on 16-10-2026

    Expense ratio (Direct)
    1.55%
    Expense ratio (Regular)
    2.81%
    Category
    Balanced Advantage
    Risk
    Very High
    Launch date
    27-09-2016
    Minimum investment
    ₹500
    AUM
    ₹711.71 Cr (30-09-2026)
    Lock in
    None
    Scheme code (Direct)
    139872
    ISIN (Direct)
    INF247L01635
    Scheme code (Regular)
    139870
    ISIN (Regular)
    INF247L01585
    NAV history
    From 28-09-2016, 10.1 years
    Benchmark
    NIFTY 50 Hybrid Composite Debt 65:35 Index
    Minimum additional investment
    Rs. 500/- in multiples of Re. 1/- thereafter or account balance, whichever is lower.
    Exit load
    1% - If redeemed on or before 365 days from the date of allotment. Nil - If redeemed after 365 days from the date of allotment.

    Tax on Motilal Oswal Balanced Advantage Fund returns

    • How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
    • A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
    • IDCW (dividend) payouts are added to your income and taxed at your slab rate.
    • A stamp duty of 0.005% is deducted when you invest.

    Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

    All plans and options

    PlanOptionNAVAs on
    directReinvestment Payout₹13.909930-10-2026
    directReinvestment Payout₹12.110330-10-2026
    directGrowth₹21.741730-10-2026
    regularPayout₹12.969330-10-2026
    regularReinvestment Payout₹11.146930-10-2026
    regularGrowth₹19.236330-10-2026

    About Motilal Oswal Balanced Advantage Fund

    Motilal Oswal Balanced Advantage Fund is a mutual fund from Motilal Oswal Mutual Fund. Its category is Balanced Advantage. It was launched on 27-09-2016. Its benchmark is NIFTY 50 Hybrid Composite Debt 65:35 Index. At the end of September 2026 it held 31 securities.

    Fund Manager

    • Sandeep Jain

      Fund manager of Motilal Oswal Balanced Advantage Fund, since 12-01-2026

    • Ankit Agarwal

      Fund manager of Motilal Oswal Balanced Advantage Fund, since 22-01-2026

    • Varun Sharma

      Fund manager of Motilal Oswal Balanced Advantage Fund, since 22-01-2026

    • Ajay Khandelwal

      Fund manager of Motilal Oswal Balanced Advantage Fund, since 01-10-2024

    • Atul Mehra

      Fund manager of Motilal Oswal Balanced Advantage Fund, since 01-10-2024

    • Rakesh Shetty

      Fund manager of Motilal Oswal Balanced Advantage Fund, since 22-11-2022

    • Swapnil Mayekar

      Fund manager of Motilal Oswal Balanced Advantage Fund, since 18-11-2025

    See all funds of Motilal Oswal Mutual Fund

    AUM change

    September 2026
    ₹711.71 Cr
    −4.28% from August 2026
    August 2026
    ₹743.51 Cr
    +1.30% from July 2026
    July 2026
    ₹733.99 Cr
    +0.20% from June 2026

    AUM moves with money invested or taken out, and with the value of what the fund holds.

    Compare Motilal Oswal Balanced Advantage Fund with Other Funds

    Returns, risk, costs and the stocks they share, side by side

    Compare with any other fund

    Frequently Asked Questions for Motilal Oswal Balanced Advantage Fund

    What is the current NAV of Motilal Oswal Balanced Advantage Fund?

    The Direct plan NAV is ₹21.7417. The Regular plan NAV is ₹19.2363, as on 30-10-2026.

    What are the returns of Motilal Oswal Balanced Advantage Fund?

    The Direct plan returned −4.37% in 1 year, +2.71% a year over 3 years, +5.58% a year over 5 years. The Regular plan returned −5.58% in 1 year, +1.38% a year over 3 years, +4.24% a year over 5 years. These figures are as on 30-10-2026.

    What is the expense ratio of Motilal Oswal Balanced Advantage Fund?

    The Direct plan charges 1.55% a year. The Regular plan charges 2.81% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

    What is the AUM of Motilal Oswal Balanced Advantage Fund?

    Motilal Oswal Balanced Advantage Fund managed ₹711.71 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

    What are the top holdings of Motilal Oswal Balanced Advantage Fund?

    At the end of September 2026 the largest holdings were KOTAKBANK (4.35%), COFORGE (4.06%), ETERNAL (3.55%), ICICIAMC (3.51%), 7.4091% HDB Financial Services Limited 2028 (3.47%). The fund held 31 securities in all.

    What did Motilal Oswal Balanced Advantage Fund buy and sell in September 2026?

    It bought 3 new stocks: Billionbrains Garage Ventures Ltd, Mankind Pharma Limited, Kanohar Electricals Limited. It sold out of 3: Ather Energy Limited, Bharti Airtel Limited, Schneider Electric Infrastructure Limited. It added shares in 2. It reduced 2.

    How do I invest in Motilal Oswal Balanced Advantage Fund?

    Through Motilal Oswal Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹500. You can invest once or through a monthly SIP.

    Who is the fund manager of Motilal Oswal Balanced Advantage Fund?

    Sandeep Jain (since 12-01-2026), Ankit Agarwal (since 22-01-2026), Varun Sharma (since 22-01-2026), Ajay Khandelwal (since 01-10-2024), Atul Mehra (since 01-10-2024), Rakesh Shetty (since 22-11-2022), Swapnil Mayekar (since 18-11-2025).

    Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

    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.

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