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.
| SBI Balanced Advantage Fund SBI | Kotak Balanced Advantage Fund Kotak Mahindra | |
|---|---|---|
| Returns | ||
| 1 year | -2.4% | -0.7% |
| 3 years, a year | +8.8% | +8.5% |
| 5 years, a year | +8.7% | +7.5% |
| Since launch, a year | +8.8% | +9.3% |
| 3-year rank in category | 13 of 30 | 15 of 30 |
| Benchmark, 3 years | +7.0% | +7.0% |
| Risk | ||
| Risk level | High | Very High |
| How bumpy, last year | 7.8% | 9.1% |
| Biggest fall, 3 years | -7.6% | -9.5% |
| Sharpe ratio, 3 years | 0.42 | 0.32 |
| Beta | — | — |
| Alpha, a year | — | — |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.67% | 1.88% |
| Money in the fund | ₹40,410 cr | ₹16,445 cr |
| Running for | 5.2 years | 8.3 years |
| Minimum SIP | — | ₹100 |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 TRI | 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 | SBI | Kotak Mahindra |
|---|---|---|
| ICICI Bank Ltd. | 3.6% | 4.9% |
| Reliance Industries Ltd. | 4.2% | 3.4% |
| HDFC Bank Ltd. | 3.7% | 3.2% |
| Larsen & Toubro Ltd. | 2.4% | 2.0% |
| Bharti Airtel Ltd. | 1.4% | 2.4% |
| Eternal Ltd. | 1.5% | 1.4% |
| Axis Bank Ltd. | 1.8% | 1.3% |
| Mahindra & Mahindra Ltd. | 1.2% | 1.3% |
| Brookfield India Real Estate Trust | 1.3% | 1.2% |
| Kotak Mahindra Bank Ltd. | 1.1% | 1.3% |
Both are Balanced Advantage / Dynamic Asset Allocation funds, from SBI and Kotak Mahindra. SBI Balanced Advantage Fund manages ₹40,410 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.
SBI Balanced Advantage Fund, at 1.67% a year, against 1.88% for Kotak Balanced Advantage Fund.
Over three years, SBI Balanced Advantage Fund returned +8.8% a year and Kotak Balanced Advantage Fund +8.5% a year. Over one year they returned -2.4% and -0.7%. Past returns do not indicate future returns.
They hold 30.6% of the same investments, 50.8% of the same industries and 56.4% 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.