Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 43.54 as on 23-04-2024
Fund Performance
9 people have invested ₹ 2.6K in Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl in the last three months
About the Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl
Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sushil Budhia, Amar Kalkundrikar, Kinjal Desai, Ashutosh Bhargava. This fund gives you the benefit of diversification.
Key Parameters
- Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl has ₹7719 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl Overview
 | 0.61% |
 Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
 | ₹7719 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 342.82% |
Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
54.3%
Mid cap
11.9%
Small cap
2.1%
Sector Allocation
Financial Services
32.9%
Industrial
12%
Consumer Cyclical
11.8%
Consumer Defensive
10.4%
Tech
8.5%
Energy
6.3%
Health
5.5%
Communication
5.2%
Utilities
4.4%
Basic Materials
2.8%
Real Estate
0%
Top Holdings of Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl as on (31-Mar-24)
Equity Holdings67
Debt Holdings58
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 6.32% | 0% | |
 HDFC Bank Ltd | 5.04% | 0% | |
 Infosys Ltd | 3.68% | 0% | |
 Reliance Industries Ltd | 3.49% | 0% | |
 Bharti Airtel Ltd | 2.96% | 4.8% |
See all
Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 7.7K Cr as of Mar'24
- AUM increased by 68.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl Fund Manager
Sushil Budhia
Fund Manager of Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl, since 31 March 2021
Top funds managed
Amar Kalkundrikar
Fund Manager of Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl, since 20 October 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl, since 25 May 2018
Top funds managed
Ashutosh Bhargava
Fund Manager of Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl, since 7 May 2018
Top funds managed
Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.67% since inception which is more than its category average return of 11.62%
Fund Allocations
This fund has an allocation of 56.71% in Equity, 24.53% in Debt and 18.06% in Cash related instruments
AUM size ₹7719 Cr
This fund has AUM of ₹7719 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.61%
This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl is ₹43.54 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.65% | 1.65% |
6 Month Returns | 14.46% | 14.46% |
1 Year Returns | 25.72% | 25.72% |
3 Years Returns | 52.47% | 15.1% |
5 Years Returns | 85.1% | 13.1% |
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0.61% as on March 2024
₹7719 Cr as on March 2024
ICICI Bank Ltd(6.32%), HDFC Bank Ltd(5.04%), Infosys Ltd(3.68%), Reliance Industries Ltd(3.49%), Bharti Airtel Ltd(2.96%) as on March 2024
Financial Services(18.64%), Cash Equivalent(18.35%), Corporate(14.62%) as on March 2024
AAA | 66.46 |
AA | 33.54 |
Sushil Budhia, Amar Kalkundrikar, Kinjal Desai, Ashutosh Bhargava are the fund managers of Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl
The Exit load of Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl is 1%