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Nippon India Balanced Advantage Fund

Nippon India Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

8.26

as on 28 Jun 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,691 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

  • ₹ 117.308

    as on 28 Jun 2022
  • Regular - Growth

  • 6 / 22

  • ₹ 100

  • ₹ 5,276 Cr.

    as on 31 Dec 2021
  • 2.1%

  • 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 ₹ 117.308 as on 28 Jun 2022.

This fund has 9 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.1%. 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 Amar Kalkundrikar

    Picture of Amar Kalkundrikar
  • 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 Manish Gunwani

    Picture of Manish GunwaniMr. Gunwani is a B.Tech. and PGDM. Prior to joining Reliance Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately 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 1.04% 5.43% 6.22% 25.12% 26.87% 12.24% 11.07% 13.00% 6.67% 17.83% 17.85% 13.03% 12.75%
Category Average -1.07% -2.57% -3.09% 2.66% 12.34% 8.35% 7.23% 11.62% -5.31% 4.74% 8.18% 7.35% 9.93%
Nippon India Balanced Advantage Fund -0.41%₹ 9,958 -1.94%₹ 9,806 -2.86%₹ 9,713 1.50%₹ 10,150 -3.60%₹ 11,766 15.46%₹ 13,341 7.03%₹ 25,777 8.26%₹ 12,691 9.56%₹ 41,566 7.92%₹ 14,641 8.49%₹ 74,320 12.40%₹ 32,193 10.16%₹ 2,03,161
Edelweiss Balanced Advantage Fund -1.46%₹ 9,853 -4.37%₹ 9,562 -5.71%₹ 9,429 0.84%₹ 10,083 -7.37%₹ 11,517 16.50%₹ 13,584 6.24%₹ 25,573 12.24%₹ 14,143 11.17%₹ 42,553 10.14%₹ 16,212 10.66%₹ 78,450 10.99%₹ 28,382 10.52%₹ 2,07,099
ICICI Prudential Balanced Advantage Fund -0.20%₹ 9,979 -0.67%₹ 9,932 0.18%₹ 10,018 5.46%₹ 10,545 1.59%₹ 12,103 17.29%₹ 13,767 9.76%₹ 26,479 10.62%₹ 13,539 11.96%₹ 43,045 9.58%₹ 15,806 10.50%₹ 78,136 12.76%₹ 33,258 11.07%₹ 2,13,298
Aditya Birla Sun Life Balanced Advantage Fund -1.22%₹ 9,877 -3.13%₹ 9,686 -4.03%₹ 9,597 -0.16%₹ 9,984 -5.80%₹ 11,621 14.60%₹ 13,143 5.56%₹ 25,401 9.07%₹ 12,979 9.25%₹ 41,378 7.43%₹ 14,310 8.51%₹ 74,348 - -
HDFC Balanced Advantage Fund -1.29%₹ 9,871 -1.81%₹ 9,819 2.25%₹ 10,225 8.09%₹ 10,809 2.75%₹ 12,178 26.87%₹ 16,116 17.83%₹ 28,590 10.55%₹ 13,512 17.85%₹ 46,832 11.07%₹ 16,908 13.03%₹ 83,201 13.00%₹ 33,979 12.75%₹ 2,33,280
Union Balanced Advantage Fund -0.97%₹ 9,903 -3.24%₹ 9,676 -4.08%₹ 9,592 -0.07%₹ 9,993 -5.33%₹ 11,652 13.15%₹ 12,812 3.70%₹ 24,930 10.03%₹ 13,324 8.68%₹ 41,027 - - - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Balanced Advantage Fund as on 30 Jun 2022 are listed below:

  • Equity Holdings:

    65.87%
  • Debt Holdings:

    29.38%
  • Others Holdings:

    4.75%

Top Sector Holdings of Nippon India Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 14.85% ₹ 823.05 Cr.
Computers - Software 8.99% ₹ 498.11 Cr.
Refineries/Marketing 3.98% ₹ 220.81 Cr.
Pharmaceuticals 2.86% ₹ 159.31 Cr.
Diversified 2.39% ₹ 132.33 Cr.
Others 66.93% -

Top Stock Holdings of Nippon India Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 5.86% ₹ 324.96 Cr.
Infosys Ltd. 5.82% ₹ 322.42 Cr.
HDFC Bank Ltd. 3.71% ₹ 205.61 Cr.
Reliance Industries Ltd. 2.70% ₹ 149.61 Cr.
Hindustan Unilever Ltd. 2.39% ₹ 132.33 Cr.
Others 79.52% -

Top Debt Instrument Type holdings of Nippon India Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 15.08% ₹ 834.83 Cr.
GOI 14.30% ₹ 793.26 Cr.
Others 70.62% -

Top Debt Holdings of Nippon India Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 14.30% ₹ 793.26 Cr.
Bond - Embassy Office Parks Reit 1.26% ₹ 69.98 Cr.
Bond - Rural Electrification Corporation Limited 1.12% ₹ 62.13 Cr.
Bond - HDFC Ergo General Insurance Company Ltd. 1.08% ₹ 59.88 Cr.
Bond - Power Finance Corporation Ltd. 1.00% ₹ 55.41 Cr.
Others 81.24%

Other Holdings

Holding TypeHolding Percentage
TREPS 5.13%
MF Units 0.29%
Margin 0.16%
Net Receivables -0.83%