Nippon India Balanced Advantage Fund Direct Growth Plan
NAV: ₹ 139.2 as on 08-02-2023
Fund Insights
In the last 1 year, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 14.14% return, outperforming this fund by 8.07%
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
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
Over the last 6 months, this fund has decreased expense ratio by 22.7% moving from 0.75 to 0.58
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
Fund Performance as on (01-Jan-70)
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.
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 | 0.58% |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
AUM | ₹6710 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 342.58% |
Fund Distribution as on (31-Dec-22)
Sector Allocation
Financial Services
Industrial
Consumer Defensive
Tech
Consumer Cyclical
Health
Basic Materials
Energy
Communication
Utilities
Real Estate
Top Holdings as on (31-Dec-69)
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
ICICI Bank Ltd | 6.44% | 0% | |
HDFC Bank Ltd | 6.36% | 1.5% | |
Infosys Ltd | 3.98% | -6.7% | |
State Bank of India | 3.56% | 0% | |
Reliance Industries Ltd | 2.65% | 5.6% |
What changed
Change in AUM
Fund Returns vs Benchmark
Concentration Analysis as on (31-Dec-22)
Peer Analysis
Fund Manager
Kinjal Desai
Top funds managed
Ashutosh Bhargava
Top funds managed
Amar Kalkundrikar
Top funds managed
Sushil Budhia
Top funds managed
Akshay Sharma
Top funds managed
AMC details
Fund Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹6710 Cr
Expense Ratio 0.58%
Frequently Asked Questions
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% |
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- Select your bank account and proceed with Payment.
AAA | 73.63 |
AA | 26.37 |
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.