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Nippon India Balanced Advantage Fund

Nippon India Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

17.11

as on 26 May 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 16,061 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

  • ₹ 130.069

    as on 26 May 2023
  • Regular - Growth

  • 6 / 22

  • ₹ 100

  • ₹ 6,608 Cr.

    as on 31 Mar 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 ₹ 130.069 as on 26 May 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 4.13% 5.42% 6.22% 25.12% 15.89% 30.25% 13.17% 14.32% 18.13% 15.81% 20.88% 17.21% 14.27%
Category Average 2.40% 3.69% 2.21% 11.69% 7.62% 14.87% 8.19% 11.47% 10.94% 7.13% 9.31% 9.50% 10.09%
Nippon India Balanced Advantage Fund 2.57%₹ 10,256 4.02%₹ 10,402 1.20%₹ 10,120 10.88%₹ 11,087 9.39%₹ 12,597 7.28%₹ 11,508 6.73%₹ 25,697 17.11%₹ 16,061 9.86%₹ 41,738 8.79%₹ 15,247 9.93%₹ 77,011 11.38%₹ 29,411 10.08%₹ 2,02,344
HDFC Balanced Advantage Fund 2.18%₹ 10,217 5.42%₹ 10,541 3.64%₹ 10,364 19.88%₹ 11,988 18.13%₹ 13,139 15.89%₹ 13,429 15.81%₹ 28,048 30.25%₹ 22,094 20.88%₹ 48,836 13.17%₹ 18,574 17.21%₹ 92,169 14.32%₹ 38,192 14.27%₹ 2,52,973
ICICI Prudential Balanced Advantage Fund 2.24%₹ 10,223 3.56%₹ 10,356 2.99%₹ 10,299 11.32%₹ 11,131 10.71%₹ 12,680 9.13%₹ 11,909 8.84%₹ 26,236 19.03%₹ 16,865 11.54%₹ 42,775 10.20%₹ 16,260 11.58%₹ 80,248 12.19%₹ 31,622 10.98%₹ 2,12,232
Edelweiss Balanced Advantage Fund 3.36%₹ 10,335 4.32%₹ 10,432 1.94%₹ 10,193 11.38%₹ 11,137 11.58%₹ 12,734 7.94%₹ 11,651 6.97%₹ 25,757 18.28%₹ 16,545 10.46%₹ 42,105 10.81%₹ 16,713 11.96%₹ 81,004 11.12%₹ 28,726 10.90%₹ 2,11,338
Kotak Balance Advantage Fund 2.77%₹ 10,276 4.09%₹ 10,408 3.85%₹ 10,385 11.66%₹ 11,165 12.41%₹ 12,786 7.69%₹ 11,597 8.03%₹ 26,027 17.02%₹ 16,025 9.79%₹ 41,695 - - - -
Union Balanced Advantage Fund 2.27%₹ 10,226 3.40%₹ 10,340 2.46%₹ 10,246 9.42%₹ 10,941 9.38%₹ 12,596 5.63%₹ 11,158 5.83%₹ 25,465 16.28%₹ 15,721 7.95%₹ 40,580 9.61%₹ 15,831 9.82%₹ 76,814 - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Balanced Advantage Fund as on 28 May 2023 are listed below:

  • Equity Holdings:

    66.64%
  • Debt Holdings:

    28.72%
  • Others Holdings:

    4.64%

Top Sector Holdings of Nippon India Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 19.50% ₹ 1,288.87 Cr.
Computers - Software 4.82% ₹ 318.59 Cr.
Pharmaceuticals 2.93% ₹ 214.49 Cr.
Engineering, designing, construction 3.19% ₹ 210.41 Cr.
Refineries/Marketing 2.67% ₹ 176.40 Cr.
Others 66.89% -

Top Stock Holdings of Nippon India Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 6.89% ₹ 455.33 Cr.
HDFC Bank Ltd. 6.60% ₹ 436.16 Cr.
Infosys Ltd. 3.87% ₹ 256.02 Cr.
State Bank Of India 3.42% ₹ 226.16 Cr.
Reliance Industries Ltd. 2.67% ₹ 176.40 Cr.
Others 76.55% -

Top Debt Instrument Type holdings of Nippon India Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 16.40% ₹ 1,081.96 Cr.
GOI 9.67% ₹ 640.19 Cr.
CP 1.42% ₹ 93.73 Cr.
PTC 1.23% ₹ 81.21 Cr.
Others 71.28% -

Top Debt Holdings of Nippon India Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 9.67% ₹ 640.19 Cr.
Bond - Bharti Telecom Ltd. 1.82% ₹ 120.10 Cr.
Bond - Panatone Finvest Ltd 1.42% ₹ 93.73 Cr.
Bond - Sansar Trust 1.23% ₹ 81.21 Cr.
Bond - Fullerton India Home Finance Co Ltd. 1.20% ₹ 79.17 Cr.
Others 84.66%

Other Holdings

Holding TypeHolding Percentage
TREPS 3.27%
Net Receivables 0.68%
Margin 0.45%
MF Units 0.24%