ITI Balanced Advantage Fund vs Nippon India Balanced Advantage Fund
ITI Balanced Advantage Fund and Nippon India Balanced Advantage Fund are both Balanced Advantage funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +9.00% vs +11.26%, 5-year CAGR +7.09% vs +9.77%, volatility 8.49% vs 8.77%, maximum drawdown −33.63% vs −22.79%. Their portfolios overlap by 21.2% (15 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
| ITI Balanced Advantage | Nippon India Balanced Advantage | |
|---|---|---|
| Fund house | ITI Mutual Fund | Nippon India Mutual Fund |
| Compared as | Balanced Advantage | Balanced Advantage |
| NAV | ₹16.0913 | ₹211.2825 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 3 Jan 2020 | 3 Jan 2013 |
| Track record | 6.8 yrs | 13.8 yrs |
| Fund size (AUM) | ₹320 Cr | ₹9,532 Cr |
| Securities held | 66 | 143 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| ITI Balanced Advantage | Nippon India Balanced Advantage | |
|---|---|---|
| 1 month | −0.24% | +2.77% |
| 3 months | −2.68% | −0.90% |
| 6 months | −0.06% | +2.54% |
| 1 year | −2.44% | +2.64% |
| 3 years (CAGR) | +9.00% | +11.26% |
| 5 years (CAGR) | +7.09% | +9.77% |
| 7 years (CAGR) | — | +11.66% |
| 10 years (CAGR) | — | +11.29% |
| Since launch (CAGR) | +7.11% | +11.72% |
| SIP return (XIRR, 5 years) ⓘ | +6.97% | +9.72% |
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
| ITI Balanced Advantage | Nippon India Balanced Advantage | |
|---|---|---|
| 2026 (year to date) | −3.42% | +2.23% |
| 2025 | +6.26% | +8.58% |
| 2024 | +15.52% | +14.36% |
| 2023 | +19.44% | +18.94% |
| 2022 | −1.18% | +6.54% |
| 2021 | +24.86% | +17.38% |
Risk
| ITI Balanced Advantage | Nippon India Balanced Advantage | |
|---|---|---|
| Volatility (annualised) ⓘ | 8.49% | 8.77% |
| Downside volatility ⓘ | 6.36% | 6.10% |
| Sharpe ratio ⓘ | 0.30 | 0.55 |
| Sortino ratio ⓘ | 0.40 | 0.78 |
| Maximum drawdown ⓘ | −33.63% | −22.79% |
| Recovery from that fall | 14 months | 6 months |
| Current fall from peak | −4.18% | −1.07% |
| Rolling 1-year return: worst | −9.78% | −19.67% |
| Rolling 1-year return: median | +8.72% | +10.04% |
| Rolling 1-year return: best | +41.69% | +58.68% |
| Share of 1-year periods with a loss | 15.15% | 9.09% |
Against each fund's benchmark
| ITI Balanced Advantage | Nippon India Balanced Advantage | |
|---|---|---|
| Beta ⓘ | 0.51 | 0.58 |
| Alpha (Jensen's, annualised) ⓘ | −0.05% | +1.96% |
| R² ⓘ | 78.27 | 96.42 |
| Upside capture | 66.24% | 72.49% |
| Downside capture | 54.59% | 49.89% |
| Tracking error | 8.27% | 6.42% |
| Information ratio | -0.09 | 0.26 |
| Treynor ratio | 2.44 | 6.21 |
Portfolio
Asset mix
| ITI Balanced Advantage | Nippon India Balanced Advantage | |
|---|---|---|
| Equity | 74.37% | 71.71% |
| Debt | 20.01% | 18.63% |
| Cash & equivalents | 5.62% | 4.40% |
| REITs / InvITs | 0.00% | 5.26% |
Market-cap split (share of fund assets)
| ITI Balanced Advantage | Nippon India Balanced Advantage | |
|---|---|---|
| Large Cap | 32.39% | 52.55% |
| Mid Cap | 14.45% | 11.53% |
| Small Cap | 22.86% | 7.63% |
| Unclassified | 4.67% | 0.00% |
Concentration
| ITI Balanced Advantage | Nippon India Balanced Advantage | |
|---|---|---|
| Top 10 holdings | 29.76% | 30.26% |
| Effective number of stocks ⓘ | 56.3 | 61.1 |
| Securities held | 66 | 143 |
Portfolio overlap: 21.2%
15 companies are held by both funds; by weight, 21.2% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | ITI Balanced Advantage | Nippon India Balanced Advantage |
|---|---|---|
| HDFC Bank Limited | 4.33% | 6.33% |
| ICICI Bank Limited | 3.15% | 5.56% |
| Reliance Industries Limited | 4.26% | 2.49% |
| Eternal Limited | 2.18% | 1.86% |
| 7.48% National Bank For Agriculture and Rural Development (15/09/2028) | 2.80% | 1.56% |
| Axis Bank Limited | 1.30% | 2.58% |
| State Bank of India | 1.02% | 2.52% |
| Infosys Limited | 0.93% | 2.30% |
| TVS Motor Company Ltd. | 1.12% | 0.90% |
| Bajaj Finance Limited | 0.73% | 1.56% |
| LG Electronics India Ltd | 1.15% | 0.65% |
| Bharat Heavy Electricals Limited | 1.10% | 0.65% |
| AU Small Finance Bank Limited | 1.12% | 0.63% |
| Cholamandalam Investment and Finance Company Ltd | 0.56% | 0.89% |
| Kirloskar Oil Engines Limited | 1.13% | 0.39% |
Top 10 holdings
ITI Balanced Advantage
- HDFC Bank Limited4.33%
- Reliance Industries Limited4.26%
- ICICI Bank Limited3.15%
- 8.13% Power Grid Corporation of India Limited (25/04/2028)3.15%
- 7.48% National Bank For Agriculture and Rural Development (15/09/2028)2.80%
- Wockhardt Ltd.2.52%
- NABARD2.49%
- Laurus Labs Limited2.37%
- Small Industries Development Bank2.35%
- Power Finance Corporation Ltd.2.34%
Nippon India Balanced Advantage
- HDFC Bank Limited6.33%
- ICICI Bank Limited5.56%
- Axis Bank Limited2.58%
- State Bank of India2.52%
- Reliance Industries Limited2.49%
- Bharti Airtel Limited2.32%
- Infosys Limited2.30%
- Kotak Mahindra Bank Limited2.27%
- Mahindra & Mahindra Limited2.03%
- Eternal Limited1.86%
Sector exposure
| ITI Balanced Advantage | Nippon India Balanced Advantage | |
|---|---|---|
| Banks | 17.18% | 19.89% |
| CRISIL AAA | 14.71% | 6.25% |
| Pharmaceuticals & Biotechnology | 8.37% | 3.60% |
| Finance | 4.67% | 4.12% |
| Retailing | 2.18% | 4.58% |
| Petroleum Products | 4.26% | 2.49% |
| IT - Software | 0.93% | 4.19% |
| Power | 0.00% | 3.68% |
| Automobiles | 3.23% | 3.64% |
| Realty | 0.00% | 3.58% |
| Chemicals & Petrochemicals | 3.56% | 0.88% |
| Financial Technology (Fintech) | 3.18% | 1.45% |
| Electrical Equipment | 2.27% | 2.62% |
| ICRA AAA | 2.49% | 0.00% |
Questions people ask
What is the difference between ITI Balanced Advantage and Nippon India Balanced Advantage returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −2.44% vs +2.64%; 3-year CAGR +9.00% vs +11.26%; 5-year CAGR +7.09% vs +9.77%; 10-year CAGR — vs +11.29%. Past returns do not indicate future returns.
How do ITI Balanced Advantage and Nippon India Balanced Advantage compare on risk?
Volatility (36 monthly returns, annualised) 8.49% vs 8.77%; Sharpe ratio 0.30 vs 0.55; Sortino ratio 0.40 vs 0.78; maximum drawdown −33.63% vs −22.79%; beta 0.51 vs 0.58.
How much do ITI Balanced Advantage and Nippon India Balanced Advantage overlap?
By weight, 21.2% of the two portfolios is invested in the same companies; 15 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI 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 ITI Balanced Advantage and Nippon India Balanced Advantage?
ITI Balanced Advantage: large cap 32.4%, mid cap 14.5%, small cap 22.9%. Nippon India Balanced Advantage: large cap 52.6%, mid cap 11.5%, small cap 7.6% (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.
More comparisons
ITI Balanced Advantage vs
- ITI Balanced Advantage vs HDFC Balanced Advantage
- ITI Balanced Advantage vs LIC MF Balanced Advantage
- ITI Balanced Advantage vs quant Dynamic Asset Allocation
- ITI Balanced Advantage vs UNIFI DYNAMIC ASSET ALLOCATION
- ITI Balanced Advantage vs Bajaj Finserv Balanced Advantage
- ITI Balanced Advantage vs Franklin India Balanced Advantage
Nippon India Balanced Advantage vs
- Nippon India Balanced Advantage vs HSBC Balanced Advantage
- Nippon India Balanced Advantage vs Mirae Asset Balanced Advantage
- Nippon India Balanced Advantage vs SBI Balanced Advantage
- Nippon India Balanced Advantage vs UTI Balanced Advantage
- Nippon India Balanced Advantage vs BANK OF INDIA BALANCED ADVANTAGE
- Nippon India Balanced Advantage vs Helios Balanced Advantage
All Balanced Advantage comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
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 5 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.