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

Nippon India Balanced Advantage Fund Direct Growth Plan

Hybrid
Direct
High Risk
Dynamic Asset Allocation

NAV: ₹ 133.39 as on 27-10-2021

Fund Overview

Expense ratio
Expense ratio
0.72%
Benchmark
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM
AUM
₹4799 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
301.42%

Fund Distribution

  • Equity 44.1%
  • Debt & Cash 55.9%
Size breakup
Large cap
80.08%
Mid cap
17.66%
Small cap
1.79%
Micro cap
0.48%
Sector Allocation
Financial Services36.4%
Tech13.5%
Defensive11.4%
Energy7.9%
Basic Materials6.4%
Cyclical6.1%
Industrial6.1%
Health5.9%
Communication3.7%
Utilities2.6%
Real Estate0%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings156
Equity Holdings118
Debt Holdings38
Cash Offset For Derivatives
Cash Offset For Derivatives
21.1%
Triparty Repo
Triparty Repo
7.4%
ICICI Bank Ltd
ICICI Bank Ltd
5.1%
Infosys Ltd
Infosys Ltd
4.8%
HDFC Bank Ltd
HDFC Bank Ltd
4.4%
Reliance Industries Ltd
Reliance Industries Ltd
3.3%
8.35% Govt Stock 2022
8.35% Govt Stock 2022
2.7%
Hindustan Unilever Ltd
Hindustan Unilever Ltd
2.5%

Fund Highlights

Fund Manager
Fund Manager
Fund Manager
Fund Manager
Fund Manager

Fund Manager

Kinjal Desai,Amar Kalkundrikar,Sushil Budhia,Manish Gunwani,Ashutosh Bhargava
About the fund

About the fund

This fund has delivered an average annual returns of 13.11% since inception which is more than its category average return of 11.36%
Fund Allocations

Fund Allocations

This fund has an allocation of 44.1% in Equity, 25.2% in Debt and 30.7% in Cash related instruments
AUM size ₹4799 Cr

AUM size ₹4799 Cr

This fund has AUM of ₹4799 Cr which is less than its category average of ₹ 6654 Cr
Expense Ratio 0.72%

Expense Ratio 0.72%

This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.45%

AMC details

Fund House
Nippon Life India Asset Management Ltd
Email
customer_care@reliancemutual.com
Phone
+912230994600/30301111
Address
Reliance Capital Asset Management Ltd.,One India Bulls Centre - Tower One,,11th & 12th floor, Jupiter Mills Compound,,Elphinstone Road,
We are a SEBI registered investement advisor