Two of the largest Balanced Advantage / Dynamic Asset Allocation funds side by side: returns, risk, cost, size and what they hold. Prices as of 3 Nov 2026.
Past returns do not tell you future returns.
| ICICI Prudential Balanced Advantage Fund ICICI Prudential | Kotak Balanced Advantage Fund Kotak Mahindra | |
|---|---|---|
| Returns | ||
| 1 year | +1.9% | -0.7% |
| 3 years, a year | +10.5% | +8.5% |
| 5 years, a year | +9.5% | +7.5% |
| Since launch, a year | +10.9% | +9.3% |
| 3-year rank in category | 5 of 30 | 15 of 30 |
| Benchmark, 3 years | +8.5% | +7.0% |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 9.4% | 9.1% |
| Biggest fall, 3 years | -8.3% | -9.5% |
| Sharpe ratio, 3 years | 0.63 | 0.32 |
| Beta | — | — |
| Alpha, a year | — | — |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.56% | 1.88% |
| Money in the fund | ₹72,512 cr | ₹16,445 cr |
| Running for | 19.8 years | 8.3 years |
| Minimum SIP | ₹100 | ₹100 |
| Benchmark | CRISIL Hybrid 50+50 - Moderate Index | NIFTY 50 Hybrid Composite Debt 50:50 TRI |
Past returns do not indicate future returns. Each fund page has the full detail.
The five largest holdings of each, from the latest monthly portfolios
Overlap is the part of the two portfolios that is the same, by weight: 100% would be identical.
What they share, by industry and sector
| Holding | ICICI Prudential | Kotak Mahindra |
|---|---|---|
| ICICI Bank Ltd. | 4.2% | 4.9% |
| HDFC Bank Ltd. | 3.4% | 3.2% |
| Reliance Industries Ltd. | 2.5% | 3.4% |
| State Bank Of India | 2.0% | 3.6% |
| Bharti Airtel Ltd. | 1.9% | 2.4% |
| Larsen & Toubro Ltd. | 1.9% | 2.0% |
| Infosys Ltd. | 2.3% | 1.5% |
| Eternal Ltd. | 2.2% | 1.4% |
| Axis Bank Ltd. | 2.0% | 1.3% |
| Kotak Mahindra Bank Ltd. | 1.6% | 1.3% |
Both are Balanced Advantage / Dynamic Asset Allocation funds, from ICICI Prudential and Kotak Mahindra. ICICI Prudential Balanced Advantage Fund manages ₹72,512 cr and Kotak Balanced Advantage Fund ₹16,445 cr. The table on this page sets out their returns, risk, costs and holdings side by side.
ICICI Prudential Balanced Advantage Fund, at 1.56% a year, against 1.88% for Kotak Balanced Advantage Fund.
Over three years, ICICI Prudential Balanced Advantage Fund returned +10.5% a year and Kotak Balanced Advantage Fund +8.5% a year. Over one year they returned +1.9% and -0.7%. Past returns do not indicate future returns.
They hold 36.2% of the same investments, 51.2% of the same industries and 58.2% of the same sectors, by weight, in their latest monthly portfolios.
To set a third or fourth fund alongside, open these two in Compare and add more.