Aditya Birla Sun Life Balanced Advantage Fund vs Axis Balanced Advantage Fund
Aditya Birla Sun Life Balanced Advantage Fund (Direct) and Axis Balanced Advantage Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Dynamic Asset Allocation or Balanced Advantage schemes — see the best balanced advantage mutual funds for the full ranking.
Head to head
NAVs as of 23 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 07 Aug 2017 – 23 Oct 2026, limited by Axis Balanced Advantage Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | Aditya Birla Sun Life Balanced Advantage Fund | Axis Balanced Advantage Fund | Nifty 50 TRI |
|---|---|---|---|
| 07 Aug 2017 | ₹100.00 | ₹100.00 | ₹100.00 |
| 14 May 2018 | ₹102.44 | ₹106.26 | ₹108.36 |
| 19 Feb 2019 | ₹102.00 | ₹107.94 | ₹107.34 |
| 26 Nov 2019 | ₹113.83 | ₹116.39 | ₹123.03 |
| 01 Sep 2020 | ₹117.20 | ₹117.48 | ₹118.55 |
| 09 Jun 2021 | ₹144.85 | ₹137.74 | ₹163.05 |
| 16 Mar 2022 | ₹151.35 | ₹148.06 | ₹178.60 |
| 21 Dec 2022 | ₹162.61 | ₹154.82 | ₹193.41 |
| 28 Sep 2023 | ₹179.39 | ₹171.60 | ₹209.70 |
| 04 Jul 2024 | ₹215.22 | ₹215.09 | ₹263.58 |
| 10 Apr 2025 | ₹212.74 | ₹217.18 | ₹245.34 |
| 16 Jan 2026 | ₹242.08 | ₹239.13 | ₹284.24 |
| 23 Oct 2026 | ₹241.05 | ₹231.48 | ₹251.55 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
- 68 stocks only in Aditya Birla Sun Life Balanced Advantage Fund
- 39 stocks in both — 38.0% of each portfolio by weight
- 66 stocks only in Axis Balanced Advantage Fund
The more the circles overlap, the more the funds hold the same stocks.
Aditya Birla Sun Life Balanced Advantage Fund and Axis Balanced Advantage Fund share 38% of their equity book by weight.
Shared holdings — Aditya Birla Sun Life Balanced Advantage Fund vs Axis Balanced Advantage Fund
| Stock | Aditya Birla Sun Life Balanced Advantage Fund | Axis Balanced Advantage Fund | |
|---|---|---|---|
| ICICI Bank Ltd. | 4.83% | 7.74% | 4.83% |
| HDFC Bank Ltd. | 3.39% | 7.53% | 3.39% |
| Kotak Mahindra Bank Ltd. | 3.74% | 3.18% | 3.18% |
| Reliance Industries Ltd. | 2.54% | 5.90% | 2.54% |
| State Bank of India | 2.46% | 4.34% | 2.46% |
| Axis Bank Ltd. | 2.13% | 2.04% | 2.04% |
| Infosys Ltd. | 1.88% | 2.93% | 1.88% |
| Bharti Airtel Ltd. | 1.36% | 3.17% | 1.36% |
| Embassy Office Parks Reit | 1.38% | 1.28% | 1.28% |
| Larsen & Toubro Ltd. | 1.22% | 2.93% | 1.22% |
| Samvardhana Motherson International Ltd. | 1.56% | 1.19% | 1.19% |
| United Spirits Ltd. | 1.08% | 1.08% | 1.08% |
| Sona Blw Precision Forgings Ltd. | 2.03% | 1.01% | 1.01% |
| Eternal Ltd. | 1.00% | 2.01% | 1.00% |
| SBI Life Insurance Co. Ltd. | 1.10% | 0.95% | 0.95% |
24 more stocks in common. 39 shared of 107 / 105 positions. Weights are shown as a share of each fund's equity book.
| Metric | Aditya Birla Sun Life · Direct NAV ₹124.31 High risk ★★★★☆ | Axis · Direct NAV ₹23.31 High risk ★★★★☆ | Category median Dynamic Asset Allocation or Balanced Advantage · 38 funds |
|---|---|---|---|
| +0.29%Best in row | -2.79% | -3.14% | |
| +10.84% | +10.83% | +8.66% | |
| +9.05%Best in row | +8.71% | +8.03% | |
| +10.39% | — | +9.61% | |
| +10.89% | +9.54% | +9.01% | |
| +9.16%Best in row | +8.50% | — | |
| +11.90% | +12.05%Best in row | +12.05% | |
| +11.71% | +11.67% | +11.44% | |
| +11.95% | — | +11.64% | |
| Risk | |||
| 8.36% | 8.10%Best in row | 8.48% | |
| 0.52 | 0.54 | 0.28 | |
| 0.72 | 0.74 | 0.38 | |
| -26.36% | -17.16% | -15.00% | |
| +4.28%Best in row | +4.08% | +2.31% | |
| 79.6%Best in row | 78.3% | 74.3% | |
| 43.0% | 42.5% | 48.8% | |
| 0.89%Best in row | 1.00% | 1.02% | |
| ₹9,895Cr | ₹3,812Cr | ₹2,157Cr | |
| Up to 0.25% | Up to 1.00% | — | |
| 166% | — | 185% | |
| Mohit Sharma · 9.6y | Hardik Shah · 4.7y | — | |
| 25 Apr 2000 | 01 Aug 2017 | — | |
| 107 | 105 | — | |
| 21.3% | 32.2% | — | |
| 3.2% | 2.0% | — | |
5 rows carry the same value for every fund — show
- Benchmark
- Nifty 50 TRI
- Beta
- 0.62
- Lock-in
- None
- Min SIP
- ₹100
- Min lumpsum
- ₹100
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Aditya Birla Sun Life Balanced Advantage Fund or Axis Balanced Advantage Fund?
Over the last 3 years, Aditya Birla Sun Life Balanced Advantage Fund returned +10.84% CAGR against Axis Balanced Advantage Fund's +10.83%, computed from AMFI NAV history. Over 5 years: Aditya Birla Sun Life Balanced Advantage Fund +9.05% vs Axis Balanced Advantage Fund +8.71% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Aditya Birla Sun Life Balanced Advantage Fund or Axis Balanced Advantage Fund?
Aditya Birla Sun Life Balanced Advantage Fund has the lower expense ratio: Aditya Birla Sun Life Balanced Advantage Fund charges 0.89% a year against Axis Balanced Advantage Fund's 1.00%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Aditya Birla Sun Life Balanced Advantage Fund or Axis Balanced Advantage Fund?
Aditya Birla Sun Life Balanced Advantage Fund has shown higher volatility (+8.36% annualized vs Axis Balanced Advantage Fund's +8.10%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Aditya Birla Sun Life Balanced Advantage Fund -8.73% vs Axis Balanced Advantage Fund -7.82%.
Which fund manages more money — Aditya Birla Sun Life Balanced Advantage Fund or Axis Balanced Advantage Fund?
Aditya Birla Sun Life Balanced Advantage Fund is the larger fund: Aditya Birla Sun Life Balanced Advantage Fund manages ₹9,895Cr against Axis Balanced Advantage Fund's ₹3,812Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Aditya Birla Sun Life Balanced Advantage Fund and Axis Balanced Advantage Fund in the same category?
Yes — both are Dynamic Asset Allocation or Balanced Advantage schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.