NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl

NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 29 October, 2021. The fund is managed by Viral Shah, Dhaval Patel. This fund gives you the benefit of diversification.

1. NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has ₹3871 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.6.
   

NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 10.28% since inception. Over the last 1 and 3 years the fund has given a CAGR return of -3.31% and 13.84% respectively.

NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Energy, Consumer Cyclical, Health, Consumer Defensive, Tech, Basic Materials, Industrial, Utilities, Real Estate, Communication.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the Scheme is to generate capital appreciation by dynamically allocating its assets between equity and specified debt securities. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.