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

Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl

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Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 37.9 as on 09-12-2022

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 15.4K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
1.7%
2.3%
9.6%
8%
13.5%
10.1%
Benchmark
2.1%
7%
8.3%
5.2%
12.9%
8.2%
About the Fund

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 Ashutosh Bhargava, Manish Gunwani, Kinjal Desai, Amar Kalkundrikar, Sushil Budhia, Akshay Sharma. This fund gives you the benefit of diversification.

Key parameters

1) Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl has a NAV of 37.9179 as on 09-12-2022.

2) Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl has 6851 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.49 %.

Fund Overview

Expense ratio
Expense ratio
0.49%
Benchmark
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM
AUM
₹6851 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

  • Equity 72.3%
  • Debt & Cash 27.7%
Size breakup
Large cap
54.4%
Mid cap
8.9%
Small cap
4.4%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

35.5%

Industrial

10.7%

Consumer Cyclical

9.9%

Tech

9.6%

Consumer Defensive

9.1%

Health

7.1%

Basic Materials

5.1%

Energy

4.7%

Communication

4.3%

Utilities

3.8%

Real Estate

0%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings162
Equity Holdings102
Debt Holdings60
Holdings
Weight%
Holdings Trend
1M Change
icon
ICICI Bank Ltd
7.22%
0%
icon
HDFC Bank Ltd
5.58%
1.5%
icon
Cash Offset For Derivatives
4.53%
-41.7%
icon
Infosys Ltd
4.46%
0%
icon
State Bank of India
3.8%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 179.7 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 6.7K Cr
Sep'22
₹ 6.5K Cr
Aug'22
₹ 6.5K Cr

Fund Returns vs Benchmark

Oct'22
4.96%
5.19%
Sep'22
-0.87%
-1.39%
Aug'22
2.58%
2.56%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
152
139
147
Top 5 Company Concentration
23%
22.2%
22.9%
Company having highest exposure
ICICI Bank Ltd (7.1%)
ICICI Bank Ltd (6.9%)
ICICI Bank Ltd (7.1%)
No of Sectors
14
14
14
Top 5 Sectors Concentration
71%
77.5%
73.2%
Sector having highest exposure
Cash Equivalent (19.3%)
Cash Equivalent (34.9%)
Cash Equivalent (27.8%)

Fund Manager

Ashutosh Bhargava

Ashutosh Bhargava

Managing this fund since 7 May 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Large Cap Fund - Direct Plan - Growth Plan
18.77%
16.5%
Nippon India Multi Cap Fund - Direct Plan - Growth
22.16%
21.3%
Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option
17.52%
17.93%
Manish Gunwani

Manish Gunwani

Managing this fund since 7 May 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Multi Asset Fund Direct Growth
0%
--
Nippon India Growth Fund - Direct Plan - Growth
27.04%
24.35%
Nippon India Balanced Advantage Fund Direct Growth Plan
13.17%
11.8%
Kinjal Desai

Kinjal Desai

Managing this fund since 25 May 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Multi Cap Fund - Direct Plan - Growth
22.16%
21.3%
Nippon India Liquid Fund Direct Plan Growth Plan
4.18%
1.29%
Nippon India Small Cap Fund - Direct Plan - Growth Plan
37.6%
32.74%
Amar Kalkundrikar

Amar Kalkundrikar

Managing this fund since 20 October 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Vision Fund - Direct Plan - Growth Plan
18.37%
19.31%
Nippon India Consumption Fund - Direct Plan - Growth Plan
26.4%
--
Nippon India Balanced Advantage Fund Direct Growth Plan
13.17%
11.8%
Sushil Budhia

Sushil Budhia

Managing this fund since 31 March 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Equity Hybrid Fund - Direct Plan - Growth Option
10.85%
15.48%
Nippon India Short Term Fund - Direct Plan - Growth Plan
6.54%
5.7%
Nippon India Balanced Advantage Fund Direct Growth Plan
13.17%
11.8%
Akshay Sharma

Akshay Sharma

Managing this fund since 1 December 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Multi Cap Fund - Direct Plan - Growth
22.16%
21.3%
Nippon India Liquid Fund Direct Plan Growth Plan
4.18%
1.29%
Nippon India Small Cap Fund - Direct Plan - Growth Plan
37.6%
32.74%

AMC details

Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Fund House
Nippon Life India Asset Management Ltd

Fund Highlights

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 12.16% since inception which is more than its category average return of 9.48%
Fund Allocations

Fund Allocations

This fund has an allocation of 72.26% in Equity, 25.77% in Debt and 1.97% in Cash related instruments
AUM size ₹6851 Cr

AUM size ₹6851 Cr

This fund has AUM of ₹6851 Cr which is less than its category average of ₹ 7667 Cr
Expense Ratio 0.49%

Expense Ratio 0.49%

This fund has an expense ratio of 0.49% 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 Reinvestment of Income Distribution cum capital wdrl is 38.03.
Existing (Absolute + CAGR)
Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.67%
1.67%
6 Month Returns
10.25%
10.25%
1 Year Returns
8.5%
8.5%
3 Years Returns
46.8%
13.65%
5 Years Returns
62.32%
10.17%
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0.49 as on November 2022
6681 Cr as on November 2022
ICICI Bank Ltd(7.06%),HDFC Bank Ltd(5.21%),Infosys Ltd(4.3%),State Bank of India(3.71%),ITC Ltd(2.77%) as on November 2022
Cash Equivalent(19.34%),Financial Services(19.16%),Government(14.61%) as on November 2022
AAA
82.21
AA
17.79
Manish Gunwani,Kinjal Desai,Ashutosh Bhargava,Amar Kalkundrikar,Sushil Budhia,Akshay Sharma 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%

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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.