BANK OF INDIA BALANCED ADVANTAGE FUND vs HSBC Balanced Advantage Fund
BANK OF INDIA BALANCED ADVANTAGE FUND and HSBC Balanced Advantage Fund are both Balanced Advantage funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR +9.72% vs +9.59%, 5-year CAGR +10.27% vs —, volatility 9.31% vs 7.70%, maximum drawdown −17.80% vs −8.67%. Their portfolios overlap by 25.3% (27 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
| BANK OF INDIA BALANCED ADVANTAGE | HSBC Balanced Advantage | |
|---|---|---|
| Fund house | Bank of India Mutual Fund | HSBC Mutual Fund |
| Compared as | Balanced Advantage | Balanced Advantage |
| NAV | ₹28.2328 | ₹51.5009 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 24 Mar 2014 | 28 Nov 2022 |
| Track record | 12.6 yrs | 3.9 yrs |
| Fund size (AUM) | ₹174 Cr | ₹1,474 Cr |
| Securities held | 79 | 73 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| BANK OF INDIA BALANCED ADVANTAGE | HSBC Balanced Advantage | |
|---|---|---|
| 1 month | +1.76% | +0.94% |
| 3 months | −2.68% | −1.87% |
| 6 months | −1.36% | +1.88% |
| 1 year | +2.24% | +0.79% |
| 3 years (CAGR) | +9.72% | +9.59% |
| 5 years (CAGR) | +10.27% | — |
| 7 years (CAGR) | +9.85% | — |
| 10 years (CAGR) | +7.59% | — |
| Since launch (CAGR) | +8.54% | +10.00% |
| SIP return (XIRR, 5 years) ⓘ | +8.30% | — |
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
| BANK OF INDIA BALANCED ADVANTAGE | HSBC Balanced Advantage | |
|---|---|---|
| 2026 (year to date) | +0.19% | +0.15% |
| 2025 | +9.82% | +4.16% |
| 2024 | +7.53% | +16.96% |
| 2023 | +19.41% | +19.56% |
| 2022 | +16.88% | — |
| 2021 | +7.70% | — |
Risk
| BANK OF INDIA BALANCED ADVANTAGE | HSBC Balanced Advantage | |
|---|---|---|
| Volatility (annualised) ⓘ | 9.31% | 7.70% |
| Downside volatility ⓘ | 6.17% | 5.48% |
| Sharpe ratio ⓘ | 0.35 | 0.40 |
| Sortino ratio ⓘ | 0.52 | 0.57 |
| Maximum drawdown ⓘ | −17.80% | −8.67% |
| Recovery from that fall | 8 months | 4 months |
| Current fall from peak | −2.81% | −2.01% |
| Rolling 1-year return: worst | −16.83% | −2.55% |
| Rolling 1-year return: median | +8.12% | +8.50% |
| Rolling 1-year return: best | +30.50% | +26.25% |
| Share of 1-year periods with a loss | 13.66% | 2.07% |
Against each fund's benchmark
| BANK OF INDIA BALANCED ADVANTAGE | HSBC Balanced Advantage | |
|---|---|---|
| Beta ⓘ | 0.62 | 0.49 |
| Alpha (Jensen's, annualised) ⓘ | +1.14% | +1.27% |
| R² ⓘ | 93.22 | 81.10 |
| Upside capture | 73.78% | 62.50% |
| Downside capture | 56.74% | 40.03% |
| Tracking error | 6.10% | 8.35% |
| Information ratio | 0.13 | 0.08 |
| Treynor ratio | 4.43 | 5.43 |
Portfolio
Asset mix
| BANK OF INDIA BALANCED ADVANTAGE | HSBC Balanced Advantage | |
|---|---|---|
| Equity | 51.63% | 72.67% |
| Debt | 27.61% | 25.46% |
| Cash & equivalents | 17.20% | 1.87% |
| REITs / InvITs | 3.56% | 0.00% |
Market-cap split (share of fund assets)
| BANK OF INDIA BALANCED ADVANTAGE | HSBC Balanced Advantage | |
|---|---|---|
| Large Cap | 43.49% | 47.47% |
| Mid Cap | 3.85% | 13.20% |
| Small Cap | 2.46% | 10.67% |
| Unclassified | 1.83% | 1.33% |
Concentration
| BANK OF INDIA BALANCED ADVANTAGE | HSBC Balanced Advantage | |
|---|---|---|
| Top 10 holdings | 28.69% | 37.53% |
| Effective number of stocks ⓘ | 68.9 | 44.1 |
| Securities held | 79 | 73 |
Portfolio overlap: 25.3%
27 companies are held by both funds; by weight, 25.3% of the two portfolios is the same. That is a moderate overlap.
| Held by both | BANK OF INDIA BALANCED ADVANTAGE | HSBC Balanced Advantage |
|---|---|---|
| Reliance Industries Limited | 3.24% | 4.03% |
| ICICI Bank Limited | 3.09% | 4.75% |
| Shriram Finance Limited | 1.82% | 2.00% |
| Bharti Airtel Limited | 1.84% | 1.40% |
| HDFC Bank Limited | 1.37% | 5.61% |
| State Bank of India | 2.20% | 1.27% |
| Axis Bank Limited | 1.12% | 4.16% |
| Larsen & Toubro Limited | 1.04% | 2.55% |
| Eternal Limited | 1.03% | 2.05% |
| Kotak Mahindra Bank Limited | 0.92% | 2.59% |
| Mahindra & Mahindra Limited | 0.90% | 1.30% |
| 6.48% Government of India (06/10/2035) | 0.82% | 1.51% |
| Tata Power Company Limited | 0.76% | 1.82% |
| NTPC Limited | 1.40% | 0.71% |
| Sun Pharmaceutical Industries Limited | 0.65% | 0.92% |
Top 10 holdings
BANK OF INDIA BALANCED ADVANTAGE
- INVIT - IRB INVIT FUND3.56%
- 6.94% Government of India (11/05/2036)3.40%
- Reliance Industries Limited3.24%
- ICICI Bank Limited3.09%
- Power Finance Corporation Ltd.2.85%
- 7.47% Small Industries Dev Bank of India (05/09/2029)2.85%
- Small Industries Dev Bank of India (20/08/2027)2.70%
- 364 Days Tbill (MD 28/05/2027)2.49%
- 7.37% Indian Railway Finance Corporation Limited (31/07/2029)2.28%
- Punjab National Bank2.23%
HSBC Balanced Advantage
- HDFC Bank Limited5.61%
- ICICI Bank Limited4.75%
- Axis Bank Limited4.16%
- Aurobindo Pharma Limited4.14%
- Reliance Industries Limited4.03%
- 7.62% National Bank For Agriculture and Rural Development3.47%
- Government of India (10/04/2028)3.39%
- 7.37% Government of India (23/10/2028)2.84%
- Kotak Mahindra Bank Limited2.59%
- Larsen & Toubro Limited2.55%
Sector exposure
| BANK OF INDIA BALANCED ADVANTAGE | HSBC Balanced Advantage | |
|---|---|---|
| Banks | 9.99% | 19.75% |
| Sovereign | 4.22% | 10.51% |
| CRISIL AAA | 5.13% | 8.00% |
| Pharmaceuticals & Biotechnology | 2.34% | 5.98% |
| Transport Infrastructure | 5.68% | 0.00% |
| Retailing | 1.42% | 5.45% |
| CRISIL A1+ | 4.93% | 0.00% |
| Power | 4.45% | 2.53% |
| SOVEREIGN | 4.32% | 1.68% |
| Petroleum Products | 3.24% | 4.03% |
| Finance | 3.32% | 3.94% |
| Realty | 0.00% | 3.72% |
| CRISIL AAA(SO) | 0.00% | 3.28% |
| Automobiles | 3.04% | 2.03% |
Questions people ask
What is the difference between BANK OF INDIA BALANCED ADVANTAGE and HSBC Balanced Advantage returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return +2.24% vs +0.79%; 3-year CAGR +9.72% vs +9.59%; 5-year CAGR +10.27% vs —; 10-year CAGR +7.59% vs —. Past returns do not indicate future returns.
How do BANK OF INDIA BALANCED ADVANTAGE and HSBC Balanced Advantage compare on risk?
Volatility (36 monthly returns, annualised) 9.31% vs 7.70%; Sharpe ratio 0.35 vs 0.40; Sortino ratio 0.52 vs 0.57; maximum drawdown −17.80% vs −8.67%; beta 0.62 vs 0.49.
How much do BANK OF INDIA BALANCED ADVANTAGE and HSBC Balanced Advantage overlap?
By weight, 25.3% of the two portfolios is invested in the same companies; 27 stocks are held by both, the largest shared positions being Reliance Industries Limited, ICICI Bank Limited, Shriram Finance Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of BANK OF INDIA BALANCED ADVANTAGE and HSBC Balanced Advantage?
BANK OF INDIA BALANCED ADVANTAGE: large cap 43.5%, mid cap 3.9%, small cap 2.5%. HSBC Balanced Advantage: large cap 47.5%, mid cap 13.2%, small cap 10.7% (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.