Cell balancing circuits are important to extent lifecycle of batteries and to extract maximum power from the batteries. A lot of power electronics topology has been tried for cell balancing in the battery packages. Active cell balancing topologies transfer energy from the cells showing higher performance to the cells showing lower performance to balance voltages across the cells of the battery using energy storage elements like combination of inductor-capacitor or transformercapacitor or switched capacitor or switched inductor. In this study an active balancing topology without using any energy storage element is proposed. The idea is similar to the switched capacitor topology in which a capacitor or capacitor banks is switched across the cells of battery to balance the voltages. Since a basic battery cell model includes capacitance because of capacitive effect of the cell, this capacitive effect can be utilized in cell balancing. Hence the equalizer capacitors in switched capacitor topology can be eliminated and the cells of battery can be switched with each other. This allows faster energy transfer and hence results in quick equalization. The proposed topology removes the need of extra energy storage elements like capacitors which frequently fails in power electronic circuits, reduces the losses inserted by extra energy storage elements and cost and volume of the circuits and simplifies control algorithm. The proposed balancing circuit can be implemented according to the application requirement. The proposed topology is simulated in MATLAB/Simulink environment and showed better results in terms of balancing speed in comparison to switched capacitor topologies.