Aditya Birla Sun Life Balanced Advantage Fund vs Shriram Balanced Advantage Fund
Aditya Birla Sun Life Balanced Advantage Fund and Shriram Balanced Advantage Fund are both Balanced Advantage funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR +12.33% vs +6.67%, 5-year CAGR +10.11% vs +6.43%, volatility 8.88% vs 10.80%, maximum drawdown −26.36% vs −14.64%. Their portfolios overlap by 23.8% (26 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Aditya Birla Sun Life Balanced Advantage | Shriram Balanced Advantage | |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Shriram Mutual Fund |
| Compared as | Balanced Advantage | Balanced Advantage |
| NAV | ₹130.0900 | ₹18.7811 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 13 Oct 2014 | 12 Jul 2019 |
| Track record | 12.1 yrs | 7.3 yrs |
| Fund size (AUM) | ₹9,836 Cr | ₹41 Cr |
| Securities held | 141 | 78 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Aditya Birla Sun Life Balanced Advantage | Shriram Balanced Advantage | |
|---|---|---|
| 1 month | +2.88% | +2.87% |
| 3 months | −1.30% | −2.33% |
| 6 months | +3.43% | −0.10% |
| 1 year | +5.14% | −2.18% |
| 3 years (CAGR) | +12.33% | +6.67% |
| 5 years (CAGR) | +10.11% | +6.43% |
| 7 years (CAGR) | +12.04% | +8.73% |
| 10 years (CAGR) | +10.92% | — |
| Since launch (CAGR) | +11.28% | +8.98% |
| SIP return (XIRR, 5 years) ⓘ | +10.76% | +5.10% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Aditya Birla Sun Life Balanced Advantage | Shriram Balanced Advantage | |
|---|---|---|
| 2026 (year to date) | +3.67% | −3.63% |
| 2025 | +11.30% | +1.23% |
| 2024 | +14.28% | +11.41% |
| 2023 | +17.93% | +21.45% |
| 2022 | +5.51% | +4.57% |
| 2021 | +14.82% | +11.46% |
Risk
| Aditya Birla Sun Life Balanced Advantage | Shriram Balanced Advantage | |
|---|---|---|
| Volatility (annualised) ⓘ | 8.88% | 10.80% |
| Downside volatility ⓘ | 5.90% | 8.54% |
| Sharpe ratio ⓘ | 0.66 | 0.02 |
| Sortino ratio ⓘ | 0.99 | 0.02 |
| Maximum drawdown ⓘ | −26.36% | −14.64% |
| Recovery from that fall | 5 months | 4 months |
| Current fall from peak | −1.42% | −6.86% |
| Rolling 1-year return: worst | −19.63% | −7.52% |
| Rolling 1-year return: median | +10.15% | +8.38% |
| Rolling 1-year return: best | +58.92% | +37.13% |
| Share of 1-year periods with a loss | 5.43% | 16.99% |
Against each fund's benchmark
| Aditya Birla Sun Life Balanced Advantage | Shriram Balanced Advantage | |
|---|---|---|
| Beta ⓘ | 0.59 | 0.67 |
| Alpha (Jensen's, annualised) ⓘ | +3.35% | −1.85% |
| R² ⓘ | 96.92 | 79.76 |
| Upside capture | 74.86% | 72.00% |
| Downside capture | 44.13% | 73.17% |
| Tracking error | 6.22% | 7.01% |
| Information ratio | 0.52 | -0.35 |
| Treynor ratio | 8.69 | -0.71 |
Portfolio
Asset mix
| Aditya Birla Sun Life Balanced Advantage | Shriram Balanced Advantage | |
|---|---|---|
| Equity | 76.77% | 69.35% |
| Debt | 15.06% | 21.73% |
| REITs / InvITs | 4.97% | 0.00% |
| Cash & equivalents | 3.18% | 8.92% |
Market-cap split (share of fund assets)
| Aditya Birla Sun Life Balanced Advantage | Shriram Balanced Advantage | |
|---|---|---|
| Large Cap | 39.72% | 54.52% |
| Mid Cap | 20.62% | 4.61% |
| Small Cap | 15.77% | 9.94% |
| Unclassified | 0.68% | 0.28% |
Concentration
| Aditya Birla Sun Life Balanced Advantage | Shriram Balanced Advantage | |
|---|---|---|
| Top 10 holdings | 22.07% | 48.64% |
| Effective number of stocks ⓘ | 86.4 | 31.3 |
| Securities held | 141 | 78 |
Portfolio overlap: 23.8%
26 companies are held by both funds; by weight, 23.8% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Aditya Birla Sun Life Balanced Advantage | Shriram Balanced Advantage |
|---|---|---|
| ICICI Bank Limited | 3.82% | 4.09% |
| HDFC Bank Limited | 2.67% | 4.97% |
| Reliance Industries Limited | 2.00% | 3.99% |
| State Bank of India | 1.94% | 3.06% |
| Axis Bank Limited | 1.68% | 2.27% |
| Infosys Limited | 1.49% | 1.97% |
| Kotak Mahindra Bank Limited | 2.95% | 1.46% |
| Bharti Airtel Limited | 1.07% | 2.85% |
| HCL Technologies Ltd. | 1.02% | 1.77% |
| Larsen & Toubro Limited | 0.96% | 1.10% |
| SBI Life Insurance Company Limited | 0.87% | 1.28% |
| Eternal Limited | 0.79% | 1.29% |
| Adani Ports and Special Economic Zone Limited | 0.71% | 0.82% |
| Ajanta Pharma Limited | 1.13% | 0.65% |
| Mahindra & Mahindra Limited | 0.63% | 2.50% |
Top 10 holdings
Aditya Birla Sun Life Balanced Advantage
- ICICI Bank Limited3.82%
- Kotak Mahindra Bank Limited2.95%
- HDFC Bank Limited2.67%
- IndiGrid Infrastructure Trust2.21%
- Reliance Industries Limited2.00%
- State Bank of India1.94%
- Axis Bank Limited1.68%
- Tech Mahindra Limited1.62%
- Sona BLW Precision Forgings Limited1.60%
- 7.18% Government of India (24/07/2037)1.57%
Shriram Balanced Advantage
- TREPS 01-OCT-20267.95%
- 8.54% REC Limited6.16%
- Bank of Baroda5.96%
- HDFC Bank Limited4.97%
- 6.54% GOVT OF INDIA RED 17-01-20324.85%
- Union Bank of India (22/02/2027)4.76%
- ICICI Bank Limited4.09%
- Reliance Industries Limited3.99%
- State Bank of India3.06%
- Bharti Airtel Limited2.85%
Sector exposure
| Aditya Birla Sun Life Balanced Advantage | Shriram Balanced Advantage | |
|---|---|---|
| Banks | 15.06% | 15.85% |
| Unclassified | 0.00% | 7.95% |
| CRISIL AAA | 3.82% | 6.16% |
| CARE A1+ | 0.00% | 5.96% |
| IT - Software | 5.76% | 4.82% |
| Realty | 5.05% | 0.33% |
| Automobiles | 1.71% | 4.93% |
| Pharmaceuticals & Biotechnology | 3.81% | 4.85% |
| SOVEREIGN | 0.00% | 4.85% |
| ICRA A1+ | 0.00% | 4.76% |
| Petroleum Products | 2.08% | 4.45% |
| Finance | 4.42% | 2.30% |
| Retailing | 4.19% | 1.51% |
| Auto Components | 4.19% | 0.27% |
Questions people ask
What is the difference between Aditya Birla Sun Life Balanced Advantage and Shriram Balanced Advantage returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return +5.14% vs −2.18%; 3-year CAGR +12.33% vs +6.67%; 5-year CAGR +10.11% vs +6.43%; 10-year CAGR +10.92% vs —. Past returns do not indicate future returns.
How do Aditya Birla Sun Life Balanced Advantage and Shriram Balanced Advantage compare on risk?
Volatility (36 monthly returns, annualised) 8.88% vs 10.80%; Sharpe ratio 0.66 vs 0.02; Sortino ratio 0.99 vs 0.02; maximum drawdown −26.36% vs −14.64%; beta 0.59 vs 0.67.
How much do Aditya Birla Sun Life Balanced Advantage and Shriram Balanced Advantage overlap?
By weight, 23.8% of the two portfolios is invested in the same companies; 26 stocks are held by both, the largest shared positions being ICICI Bank Limited, HDFC Bank Limited, Reliance Industries Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Aditya Birla Sun Life Balanced Advantage and Shriram Balanced Advantage?
Aditya Birla Sun Life Balanced Advantage: large cap 39.7%, mid cap 20.6%, small cap 15.8%. Shriram Balanced Advantage: large cap 54.5%, mid cap 4.6%, small cap 9.9% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 4 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.