NJ Balanced Advantage Fund Direct Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 13.17 as on 22-04-2024
Fund Performance
52 people have invested ₹ 5.5L in NJ Balanced Advantage Fund Direct Growth in the last three months
About the NJ Balanced Advantage Fund Direct Growth
NJ Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 29 October, 2021. The fund is managed by . This fund gives you the benefit of diversification.
Key Parameters
- NJ Balanced Advantage Fund Direct Growth has ₹3965 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.9.
NJ Balanced Advantage Fund Direct Growth Overview
 | 0.91% |
 Benchmark | Nifty 50 Hybrid Composite Debt 50:50 |
 | ₹3965 Cr |
 | 29 October, 2021 |
 | ₹500/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 198.58% |
NJ Balanced Advantage Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
63.3%
Mid cap
20.3%
Small cap
8.2%
Sector Allocation
Financial Services
26.3%
Tech
18.8%
Industrial
11.8%
Consumer Defensive
11%
Energy
9.5%
Consumer Cyclical
8%
Utilities
6%
Basic Materials
4.6%
Health
2.9%
Communication
1.1%
Top Holdings of NJ Balanced Advantage Fund Direct Growth as on (31-Mar-24)
Equity Holdings114
Debt Holdings11
NJ Balanced Advantage Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
NJ Balanced Advantage Fund Direct Growth Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 11.74% since inception which is more than its category average return of 11.56%
Fund Allocations
This fund has an allocation of 49.38% in Equity, 0.25% in Debt and 50.38% in Cash related instruments
AUM size ₹3965 Cr
This fund has AUM of ₹3965 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.91%
This fund has an expense ratio of 0.91% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of NJ Balanced Advantage Fund Direct Growth is ₹13.17 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
NJ Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.15% | 0.15% |
6 Month Returns | 15.32% | 15.32% |
1 Year Returns | 30.78% | 30.78% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.91% as on March 2024
₹3965 Cr as on March 2024
HDFC Bank Ltd(8.04%), Hindustan Aeronautics Ltd Ordinary Shares(3.45%), Reliance Industries Ltd(3.17%), Bharat Electronics Ltd(3.06%), ITC Ltd(2.86%) as on March 2024
Cash Equivalent(50.38%), Financial Services(12.98%), Tech(9.3%) as on March 2024
AAA | 100 |
The Exit load of NJ Balanced Advantage Fund Direct Growth is 1%