Nippon India Balanced Advantage Fund Direct Growth Plan
Nippon India Balanced Advantage Fund Direct Growth Plan

Nippon India Balanced Advantage Fund Direct Growth Plan

Compare
Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 139.2 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
880 people have invested ₹ 77.5L in mutual fund in the last three months

Fund Insights

Insights icon

In the last 1 year, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 14.14% return, outperforming this fund by 8.07%

Insights icon

In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 17.99% return, outperforming this fund by 6.95% per annum

Insights icon

In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 12.02% return, outperforming this fund by 2.32% per annum

Insights icon

Over the last 6 months, this fund has decreased expense ratio by 22.7% moving from 0.75 to 0.58

Insights icon

This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.58% which is lower than the category average expense ratio of 1.21%

INDmoney Rank

Powered by IND quant engine
4
/14
23% Performance
59% Risk Management
77% Cost
4 out of 14 among dynamic asset allocation

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.4%
-0.8%
2.7%
6.1%
11%
9.7%
Benchmark
-0.1%
-0.8%
2.4%
4.3%
9.7%
7.8%
About the Fund

Nippon India Balanced Advantage Fund Direct Growth Plan is a hybrid fund. This fund was started on  1 January, 2013. The fund is managed by Kinjal Desai, Ashutosh Bhargava, Amar Kalkundrikar, Sushil Budhia, Akshay Sharma. This fund gives you the benefit of diversification.

Key parameters

1) Nippon India Balanced Advantage Fund Direct Growth Plan has a NAV of 139.2212 as on 08-02-2023.

2) Nippon India Balanced Advantage Fund Direct Growth Plan has 6710 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.58 %.

Fund Overview

Expense ratio
Expense ratio
0.58%
Benchmark
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM
AUM
₹6710 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
342.58%

Fund Distribution as on (31-Dec-22)

  • Equity 79.7%
  • Debt & Cash 20.3%
Size breakup
Large cap
53.1%
Mid cap
8.5%
Small cap
4.8%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

37.4%

Industrial

10%

Consumer Defensive

9.2%

Tech

8.8%

Consumer Cyclical

8.7%

Health

7.5%

Basic Materials

5.6%

Energy

5.1%

Communication

4.1%

Utilities

3.7%

Real Estate

0%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings89
Debt Holdings64

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 79.3 Cr in last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 6.8K Cr
Nov'22
₹ 6.9K Cr
Oct'22
₹ 6.7K Cr

Fund Returns vs Benchmark

Jan'23
4.97%
5.19%
Dec'22
-0.87%
-1.39%
Nov'22
2.58%
2.56%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
145
152
152
Top 5 Company Concentration
23.3%
23.9%
23%
Company having highest exposure
ICICI Bank Ltd (6.8%)
ICICI Bank Ltd (7.2%)
ICICI Bank Ltd (7.1%)
No of Sectors
14
14
14
Top 5 Sectors Concentration
72.8%
63%
71%
Sector having highest exposure
Cash Equivalent (20.8%)
Financial Services (26.1%)
Cash Equivalent (19.3%)

Fund Manager

Kinjal Desai

Kinjal Desai

Fund Manager of Nippon India Balanced Advantage Fund Direct Growth Plan, since 25 May 2018
Ashutosh Bhargava

Ashutosh Bhargava

Fund Manager of Nippon India Balanced Advantage Fund Direct Growth Plan, since 7 May 2018
Amar Kalkundrikar

Amar Kalkundrikar

Fund Manager of Nippon India Balanced Advantage Fund Direct Growth Plan, since 20 October 2020
Sushil Budhia

Sushil Budhia

Fund Manager of Nippon India Balanced Advantage Fund Direct Growth Plan, since 31 March 2021
Akshay Sharma

Akshay Sharma

Fund Manager of Nippon India Balanced Advantage Fund Direct Growth Plan, since 1 December 2022

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.8% since inception which is more than its category average return of 8.76%
Fund Allocations

Fund Allocations

This fund has an allocation of 79.73% in Equity, 28.53% in Debt and -8.25% in Cash related instruments
AUM size ₹6710 Cr

AUM size ₹6710 Cr

This fund has AUM of ₹6710 Cr which is less than its category average of ₹ 7582 Cr
Expense Ratio 0.58%

Expense Ratio 0.58%

This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Nippon India Balanced Advantage Fund Direct Growth Plan is 138.83 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Nippon India Balanced Advantage Fund Direct Growth Plan
Absolute Returns
CAGR Returns
1 Month Returns
-0.37%
-0.37%
6 Month Returns
2.7%
2.7%
1 Year Returns
6.07%
6.07%
3 Years Returns
36.92%
11.04%
5 Years Returns
58.84%
9.7%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.58 as on January 2023
6710 Cr as on January 2023
ICICI Bank Ltd(6.83%),HDFC Bank Ltd(5.79%),State Bank of India(3.91%),Infosys Ltd(3.88%),Reliance Industries Ltd(2.85%) as on January 2023
Cash Equivalent(20.78%),Financial Services(19.35%),Government(13.78%) as on January 2023
AAA
73.63
AA
26.37
Ashutosh Bhargava,Kinjal Desai,Amar Kalkundrikar,Akshay Sharma,Sushil Budhia are the fund managers of Nippon India Balanced Advantage Fund Direct Growth Plan
The Exit load of Nippon India Balanced Advantage Fund Direct Growth Plan is 1%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.