ICICI Prudential Balanced Advantage Fund vs Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund)
ICICI Prudential Balanced Advantage Fund and Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) are both Balanced Advantage funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +12.06% vs +9.04%, 5-year CAGR +10.85% vs —, volatility 8.42% vs 9.81%, maximum drawdown −27.03% vs −9.69%. Their portfolios overlap by 34.4% (31 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
| ICICI Prudential Balanced Advantage | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) | |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Sundaram Mutual Fund |
| Compared as | Balanced Advantage | Balanced Advantage |
| NAV | ₹90.2400 | ₹42.2138 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 2 Jan 2013 | 3 Jan 2022 |
| Track record | 13.8 yrs | 4.8 yrs |
| Fund size (AUM) | ₹71,913 Cr | ₹1,393 Cr |
| Securities held | 213 | 75 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| ICICI Prudential Balanced Advantage | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) | |
|---|---|---|
| 1 month | +5.48% | +3.74% |
| 3 months | +0.32% | −0.87% |
| 6 months | +4.98% | +1.64% |
| 1 year | +6.04% | +0.22% |
| 3 years (CAGR) | +12.06% | +9.04% |
| 5 years (CAGR) | +10.85% | — |
| 7 years (CAGR) | +12.14% | — |
| 10 years (CAGR) | +11.72% | — |
| Since launch (CAGR) | +12.63% | +8.66% |
| SIP return (XIRR, 5 years) ⓘ | +11.09% | — |
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
| ICICI Prudential Balanced Advantage | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) | |
|---|---|---|
| 2026 (year to date) | +3.94% | −0.72% |
| 2025 | +12.87% | +6.67% |
| 2024 | +12.98% | +14.28% |
| 2023 | +17.24% | +15.81% |
| 2022 | +8.62% | — |
| 2021 | +15.86% | — |
Risk
| ICICI Prudential Balanced Advantage | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) | |
|---|---|---|
| Volatility (annualised) ⓘ | 8.42% | 9.81% |
| Downside volatility ⓘ | 5.92% | 7.04% |
| Sharpe ratio ⓘ | 0.66 | 0.26 |
| Sortino ratio ⓘ | 0.94 | 0.36 |
| Maximum drawdown ⓘ | −27.03% | −9.69% |
| Recovery from that fall | 5 months | — |
| Current fall from peak | 0.00% | −1.39% |
| Rolling 1-year return: worst | −19.43% | −6.93% |
| Rolling 1-year return: median | +11.64% | +9.18% |
| Rolling 1-year return: best | +58.75% | +27.33% |
| Share of 1-year periods with a loss | 3.45% | 6.24% |
Against each fund's benchmark
| ICICI Prudential Balanced Advantage | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) | |
|---|---|---|
| Beta ⓘ | 0.53 | 0.64 |
| Alpha (Jensen's, annualised) ⓘ | +2.50% | −0.16% |
| R² ⓘ | 92.32 | 94.44 |
| Upside capture | 67.23% | 70.05% |
| Downside capture | 38.69% | 59.20% |
| Tracking error | 7.30% | 5.87% |
| Information ratio | 0.29 | -0.10 |
| Treynor ratio | 7.70 | 2.18 |
Portfolio
Asset mix
| ICICI Prudential Balanced Advantage | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) | |
|---|---|---|
| Equity | 71.36% | 76.93% |
| Debt | 20.76% | 18.16% |
| REITs / InvITs | 4.09% | 2.74% |
| Cash & equivalents | 3.77% | -10.53% |
Market-cap split (share of fund assets)
| ICICI Prudential Balanced Advantage | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) | |
|---|---|---|
| Large Cap | 60.79% | 48.53% |
| Mid Cap | 6.84% | 14.54% |
| Small Cap | 3.15% | 11.68% |
| Unclassified | 0.57% | 2.15% |
Concentration
| ICICI Prudential Balanced Advantage | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) | |
|---|---|---|
| Top 10 holdings | 30.35% | 38.50% |
| Effective number of stocks ⓘ | 64.2 | 42.8 |
| Securities held | 213 | 75 |
Portfolio overlap: 34.4%
31 companies are held by both funds; by weight, 34.4% of the two portfolios is the same. That is a moderate overlap.
| Held by both | ICICI Prudential Balanced Advantage | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) |
|---|---|---|
| ICICI Bank Limited | 4.15% | 7.12% |
| HDFC Bank Limited | 3.41% | 3.79% |
| Reliance Industries Limited | 2.54% | 5.12% |
| 6.94% Government of India (11/05/2036) | 2.71% | 2.47% |
| Eternal Limited | 2.18% | 4.21% |
| Embassy Office Parks REIT | 2.80% | 1.99% |
| Bharti Airtel Limited | 1.91% | 3.86% |
| TVS Motor Company Ltd. | 6.31% | 1.86% |
| Larsen & Toubro Limited | 1.86% | 2.98% |
| Kotak Mahindra Bank Limited | 1.57% | 3.24% |
| Mahindra & Mahindra Limited | 1.08% | 1.35% |
| InterGlobe Aviation Limited | 1.48% | 0.78% |
| Sun Pharmaceutical Industries Limited | 0.77% | 0.97% |
| Hindalco Industries Limited | 0.77% | 1.47% |
| Cholamandalam Investment and Finance Company Ltd | 0.71% | 1.95% |
Top 10 holdings
ICICI Prudential Balanced Advantage
- TVS Motor Company Ltd.6.31%
- ICICI Bank Limited4.15%
- HDFC Bank Limited3.41%
- Embassy Office Parks REIT2.80%
- 6.94% Government of India (11/05/2036)2.71%
- Reliance Industries Limited2.54%
- Infosys Limited2.27%
- Eternal Limited2.18%
- Axis Bank Limited2.04%
- State Bank of India1.97%
Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund)
- ICICI Bank Limited7.12%
- Reliance Industries Limited5.12%
- Eternal Limited4.20%
- Bharti Airtel Limited3.86%
- HDFC Bank Limited3.79%
- 6.48% Government of India (06/10/2035)3.53%
- Kotak Mahindra Bank Limited3.24%
- Larsen & Toubro Limited2.98%
- 6.94% Government of India (11/05/2036)2.47%
- Bajaj Finserv Limited2.20%
Sector exposure
| ICICI Prudential Balanced Advantage | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) | |
|---|---|---|
| Banks | 13.38% | 14.66% |
| Sovereign | 5.20% | 12.58% |
| Automobiles | 9.47% | 4.84% |
| Finance | 3.19% | 7.39% |
| Retailing | 5.89% | 4.20% |
| SOV | 5.59% | 0.00% |
| Petroleum Products | 3.14% | 5.12% |
| Pharmaceuticals & Biotechnology | 2.32% | 4.63% |
| IT - Software | 4.62% | 3.81% |
| Realty | 4.18% | 3.53% |
| Telecom - Services | 2.34% | 3.86% |
| ICRA AAA | 0.74% | 3.10% |
| Construction | 1.86% | 2.98% |
| CRISIL AA+ | 2.85% | 0.00% |
Questions people ask
What is the difference between ICICI Prudential Balanced Advantage and Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +6.04% vs +0.22%; 3-year CAGR +12.06% vs +9.04%; 5-year CAGR +10.85% vs —; 10-year CAGR +11.72% vs —. Past returns do not indicate future returns.
How do ICICI Prudential Balanced Advantage and Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) compare on risk?
Volatility (36 monthly returns, annualised) 8.42% vs 9.81%; Sharpe ratio 0.66 vs 0.26; Sortino ratio 0.94 vs 0.36; maximum drawdown −27.03% vs −9.69%; beta 0.53 vs 0.64.
How much do ICICI Prudential Balanced Advantage and Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund) overlap?
By weight, 34.4% of the two portfolios is invested in the same companies; 31 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 ICICI Prudential Balanced Advantage and Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund)?
ICICI Prudential Balanced Advantage: large cap 60.8%, mid cap 6.8%, small cap 3.2%. Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund): large cap 48.5%, mid cap 14.5%, small cap 11.7% (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 6 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.