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Nippon India Balanced Advantage Fund

Nippon India Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

12.10

as on 28 Nov 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,091 today.

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NAV Performance

Nippon India Balanced Advantage Fund performance graph for last 3 years
Performance of Nippon India Balanced Advantage Fund for last 3 Years

Fund Information

  • ₹ 141.162

    as on 28 Nov 2023
  • Regular - Growth

  • 6 / 22

  • ₹ 100

  • ₹ 6,608 Cr.

    as on 31 May 2023
  • 1.83%

  • 03 Jan 2013

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • Nifty 50

  • Nippon India Mutual Fund

    Show All Funds

Highlights of this fund

Nippon India Balanced Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 03 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Hybrid funds offered by Nippon India Mutual Fund.

Latest NAV of the fund is ₹ 141.162 as on 28 Nov 2023.

This fund has 10 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.83%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 100.

Fund Objective

The investment objective of the scheme is to capitalize on the potential upside in equity markets while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

List of Fund Managers of Nippon India Balanced Advantage Fund

  • About Kinjal Desai

    Picture of Kinjal DesaiKinjal Desai is Fund Manager – Overseas at Reliance Mutual Fund. Kinjal has obtained her Masters in Economics from Warwick University, UK. She has a total experience of 6 years as Research Analyst – Equities at Reliance Mutual Fund where she started her career as an Associate.
  • About Amar Kalkundrikar

    Picture of Amar KalkundrikarMr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School. Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.
  • About Ashutosh Bhargava

    Picture of Ashutosh BhargavaAshutosh Bhargava is Head- Equity Research and Fund Manager at Reliance Nippon Life Asset Management Limited. He has over 14 years of post MBA work experience in investment research. He is working with Reliance for nearly 12 years now. Prior to that, he has worked as an analyst for over 2 years at JP Morgan in their "Global Economics Team" based out of Mumbai. He specializes in macro and rule based investment strategies. Ashutosh has done an MBA in Finance from NMIMS (Deemed University), Mumbai.
  • About Sushil Budhia

    Picture of Sushil BudhiaMr. Budhia has done CA Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
  • About Akshay Sharma

    Picture of Akshay Sharma

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 5.25% 7.14% 21.73% 25.12% 20.31% 25.46% 16.62% 16.21% 33.92% 24.56% 22.55% 21.17% 15.77%
Category Average 2.74% 3.21% 8.39% 11.62% 8.65% 10.92% 10.28% 12.06% 16.79% 12.36% 10.70% 11.51% 10.61%
Nippon India Balanced Advantage Fund 2.82%₹ 10,282 3.50%₹ 10,349 8.53%₹ 10,852 9.63%₹ 10,962 15.19%₹ 12,967 8.28%₹ 11,729 11.58%₹ 26,958 12.10%₹ 14,091 10.38%₹ 42,075 10.49%₹ 16,468 11.39%₹ 79,889 12.32%₹ 31,964 10.37%₹ 2,05,552
HDFC Balanced Advantage Fund 5.25%₹ 10,525 7.14%₹ 10,714 17.39%₹ 11,738 21.25%₹ 12,125 30.52%₹ 13,905 20.31%₹ 14,489 24.56%₹ 30,415 25.46%₹ 19,761 22.55%₹ 50,023 16.62%₹ 21,576 21.17%₹ 1,01,575 16.21%₹ 44,963 15.77%₹ 2,74,313
ICICI Prudential Balanced Advantage Fund 2.79%₹ 10,278 4.15%₹ 10,414 8.55%₹ 10,854 11.63%₹ 11,162 15.98%₹ 13,016 10.11%₹ 12,130 12.65%₹ 27,235 12.93%₹ 14,406 11.74%₹ 42,919 11.83%₹ 17,498 12.79%₹ 82,727 12.32%₹ 31,965 11.27%₹ 2,15,628
Edelweiss Balanced Advantage Fund 3.15%₹ 10,314 3.02%₹ 10,301 8.16%₹ 10,815 9.95%₹ 10,995 15.49%₹ 12,985 7.47%₹ 11,553 11.40%₹ 26,910 12.56%₹ 14,263 10.37%₹ 42,066 12.66%₹ 18,156 12.92%₹ 82,990 11.95%₹ 30,951 11.27%₹ 2,15,605
Kotak Balance Advantage Fund 2.57%₹ 10,256 2.57%₹ 10,257 6.51%₹ 10,651 10.39%₹ 11,038 13.37%₹ 12,853 7.70%₹ 11,604 10.79%₹ 26,751 10.35%₹ 13,440 9.59%₹ 41,591 10.86%₹ 16,752 11.00%₹ 79,129 - -
Union Balanced Advantage Fund 2.75%₹ 10,275 2.57%₹ 10,256 6.27%₹ 10,626 8.74%₹ 10,874 11.94%₹ 12,763 6.10%₹ 11,260 9.11%₹ 26,316 8.40%₹ 12,738 7.84%₹ 40,529 10.61%₹ 16,558 10.28%₹ 77,718 - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Balanced Advantage Fund as on 30 Nov 2023 are listed below:

  • Equity Holdings:

    68.94%
  • Debt Holdings:

    26.34%
  • Others Holdings:

    4.72%

Top Sector Holdings of Nippon India Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 19.68% ₹ 1,336.05 Cr.
Computers - Software 4.57% ₹ 310.29 Cr.
Engineering, designing, construction 3.15% ₹ 213.77 Cr.
Cigarettes 3.03% ₹ 205.48 Cr.
Pharmaceuticals 2.81% ₹ 191.37 Cr.
Others 66.76% -

Top Stock Holdings of Nippon India Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 7.01% ₹ 476.04 Cr.
HDFC Bank Ltd. 6.55% ₹ 444.57 Cr.
Infosys Ltd. 3.60% ₹ 244.27 Cr.
State Bank Of India 3.43% ₹ 232.98 Cr.
ITC Limited 3.03% ₹ 205.48 Cr.
Others 76.38% -

Top Debt Instrument Type holdings of Nippon India Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 16.55% ₹ 1,125.37 Cr.
GOI 8.76% ₹ 594.72 Cr.
PTC 1.03% ₹ 70.18 Cr.
Others 73.66% -

Top Debt Holdings of Nippon India Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 8.76% ₹ 594.72 Cr.
Bond - Housing Development Finance Corporation Ltd. 2.00% ₹ 135.77 Cr.
Bond - Embassy Office Parks Reit 1.45% ₹ 98.10 Cr.
Bond - Summit Digitel Infrastructure Pvt Ltd. 1.30% ₹ 88.83 Cr.
Bond - Fullerton India Home Finance Co Ltd. 1.18% ₹ 80.06 Cr.
Others 85.31%

Other Holdings

Holding TypeHolding Percentage
TREPS 3.77%
InvITs 1.09%
Margin 0.45%
MF Units 0.26%
Interest Rate Swaps 0.00%