NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl
NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl

NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl

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Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 10 as on 27-01-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
This Fund
-0.8%
0.6%
4.3%
2.9%
Benchmark
-1.4%
-0.5%
3.9%
4%
About the Fund

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 Rishi Sharma. This fund gives you the benefit of diversification.

Key parameters

1) NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has a NAV of 9.97 as on 27-01-2023.

2) NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has 4439 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.55 %.

Fund Overview

Expense ratio
Expense ratio
0.55%
Benchmark
Benchmark
AUM
AUM
₹4439 Cr
Inception Date
Inception Date
29 October, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
50.57%

Fund Distribution as on (31-Dec-22)

  • Equity 59.6%
  • Debt & Cash 40.4%
Size breakup
Large cap
62.9%
Mid cap
15%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

15.2%

Basic Materials

15.1%

Energy

14.3%

Consumer Defensive

11.7%

Consumer Cyclical

11.6%

Industrial

11.3%

Utilities

9.1%

Tech

7.9%

Health

2.3%

Communication

1.5%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings74
Debt Holdings23

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 260.8 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 4.4K Cr
Nov'22
₹ 4.7K Cr
Oct'22
₹ 4.8K Cr

Fund Returns vs Benchmark

Dec'22
5.31%
5.19%
Nov'22
-1.40%
-1.39%
Oct'22
2.88%
2.56%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
97
90
82
Top 5 Company Concentration
12%
11.5%
10%
Company having highest exposure
IndusInd Bank Ltd (2.9%)
HDFC Bank Ltd (2.7%)
HDFC Bank Ltd (2.5%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
67%
68%
70.3%
Sector having highest exposure
Cash Equivalent (33.2%)
Cash Equivalent (34.4%)
Cash Equivalent (37.5%)

Fund Manager

Rishi Sharma

Rishi Sharma

Fund Manager of NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl, since 29 October 2021

AMC details

Fund House
NJ Asset Management Private Limited
Total Schemes
Total AUM
as on 01-Jan-0001
Address
NJ Asset Management Private Limited,Unit No. 101A, 1st Floor,Hallmark Business Plaza,Bandra East, Mumbai 400051
Phone
02268940000
Email
complianceamc@njgroup.in

Fund Highlights

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High Risk

Investors understand that their principal will be at High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 59.57% in Equity, 7.22% in Debt and 33.21% in Cash related instruments
AUM size ₹4439 Cr

AUM size ₹4439 Cr

This fund has AUM of ₹4439 Cr which is less than its category average of ₹ 7592 Cr
Expense Ratio 0.55%

Expense Ratio 0.55%

This fund has an expense ratio of 0.55% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl is 10.1 as on 25-Jan-2023.
Existing (Absolute + CAGR)
NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.43%
2.43%
6 Month Returns
5.54%
5.54%
1 Year Returns
3.17%
3.17%
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.
0.55 as on December 2022
4439 Cr as on December 2022
IndusInd Bank Ltd(2.86%),HDFC Bank Ltd(2.5%),Reliance Industries Ltd(2.33%),LTIMindtree Ltd(2.23%),ICICI Bank Ltd(2.03%) as on December 2022
Cash Equivalent(33.21%),Financial Services(9.03%),Basic Materials(9.02%) as on December 2022
AAA
100
Rishi Sharma is the fund manager of NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of NJ Balanced Advantage Fund Direct Payout Inc Dist cum Cap 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.