The scheme seeks to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.
The scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
31.4% of the combined portfolio weight is common between Kotak Balanced Advantage Fund Direct-Growth and SBI Balanced Advantage Fund Direct-Growth.
57 stocks appear in both portfolios.
The largest shared holding is ICICI Bank Ltd., at 4.44% of Kotak Balanced Advantage Fund Direct-Growth and 3.63% of SBI Balanced Advantage Fund Direct-Growth.
The funds share a meaningful part of their portfolios but still differ enough to add some diversification.
Largest common holdings
ICICI Bank Ltd.Reliance Industries Ltd.HDFC Bank Ltd.Larsen & Toubro Ltd.State Bank of IndiaBharti Airtel Ltd.Axis Bank Ltd.Mahindra & Mahindra Ltd.
SBI Balanced Advantage Fund Direct-Growth has delivered the higher 3-year CAGR (11.34% vs 10.94%). Kotak Balanced Advantage Fund Direct-Growth is the cheaper of the two with an expense ratio of 0.83% against 0.85%. SBI Balanced Advantage Fund Direct-Growth manages the larger corpus at ₹41.51k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.
Over 1 year, SBI Balanced Advantage Fund Direct-Growth returned 6.34% against 5.43% for Kotak Balanced Advantage Fund Direct-Growth; and over 3 years, SBI Balanced Advantage Fund Direct-Growth leads with a 11.34% CAGR versus 10.94%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.
Kotak Balanced Advantage Fund Direct-Growth has the lower expense ratio at 0.83%, compared with 0.85% for SBI Balanced Advantage Fund Direct-Growth — a difference of 0.02% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick a fund.
Both Kotak Balanced Advantage Fund Direct-Growth and SBI Balanced Advantage Fund Direct-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.
The portfolio overlap between the two funds is 31.4%, which is considered moderate. At this level the funds share a meaningful part of their portfolios but still differ enough to add some diversification. You can see the shared stocks in the overlap section above.
Yes — both are Hybrid: Dynamic Asset Allocation funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.
Kotak Balanced Advantage Fund Direct-Growth has a NAV of ₹23.42 and an AUM of ₹17.37k Cr, and was launched on 9 Aug 2018. SBI Balanced Advantage Fund Direct-Growth has a NAV of ₹16.85 and an AUM of ₹41.51k Cr, launched on 6 Sep 2021. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
