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%
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 %.
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% |
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% |
AAA | 73.63 |
AA | 26.37 |
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.