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Nippon India Balanced Advantage Fund

Nippon India Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

11.43

as on 27 Jan 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,848 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

  • ₹ 120.151

    as on 27 Jan 2022
  • Regular - Growth

  • 5 / 22

  • ₹ 100

  • ₹ 5,276 Cr.

    as on 27 Jan 2022
  • 2.1%

    since 30 Nov 2021
  • 03 Jan 2013

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • Nifty 50

  • Nippon India Mutual Fund

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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 ₹ 120.151 as on 27 Jan 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 4.25% 3.92% 8.41% 29.65% 18.86% 16.45% 13.67% 13.57% 21.51% 31.62% 22.04% 15.36% 13.93%
Category Average 0.03% -1.75% 3.72% 13.12% 11.63% 11.06% 9.27% 12.28% 8.39% 15.16% 13.21% 10.03% 11.49%
Nippon India Balanced Advantage Fund -0.17%₹ 9,982 -2.64%₹ 9,736 1.91%₹ 10,190 14.33%₹ 11,433 8.15%₹ 12,524 12.00%₹ 12,548 16.93%₹ 28,368 11.43%₹ 13,848 13.83%₹ 44,243 10.59%₹ 16,543 10.88%₹ 78,901 12.78%₹ 33,313 11.62%₹ 2,19,631
Edelweiss Balanced Advantage Fund -0.22%₹ 9,977 -2.69%₹ 9,731 4.72%₹ 10,472 16.98%₹ 11,698 11.19%₹ 12,716 18.70%₹ 14,096 20.80%₹ 29,401 16.35%₹ 15,768 18.72%₹ 47,434 13.38%₹ 18,742 14.59%₹ 86,504 11.78%₹ 30,481 12.35%₹ 2,28,351
ICICI Prudential Balanced Advantage Fund 0.95%₹ 10,094 -0.91%₹ 9,909 5.52%₹ 10,552 15.23%₹ 11,523 11.24%₹ 12,719 13.06%₹ 12,787 18.71%₹ 28,840 13.05%₹ 14,463 15.41%₹ 45,260 11.03%₹ 16,875 12.26%₹ 81,665 13.57%₹ 35,727 12.19%₹ 2,26,472
Aditya Birla Sun Life Balanced Advantage Fund -0.22%₹ 9,977 -3.08%₹ 9,691 1.97%₹ 10,196 12.63%₹ 11,263 7.31%₹ 12,470 13.08%₹ 12,790 17.18%₹ 28,434 12.47%₹ 14,241 14.56%₹ 44,710 9.47%₹ 15,724 11.20%₹ 79,535 - -
HDFC Balanced Advantage Fund 4.25%₹ 10,424 -1.47%₹ 9,853 8.41%₹ 10,841 29.65%₹ 12,965 21.51%₹ 13,358 18.32%₹ 14,006 31.62%₹ 32,365 15.15%₹ 15,286 22.04%₹ 49,687 13.67%₹ 18,981 15.36%₹ 88,163 13.11%₹ 34,322 13.93%₹ 2,48,519
Union Balanced Advantage Fund -0.60%₹ 9,939 -2.24%₹ 9,775 2.77%₹ 10,277 7.78%₹ 10,778 5.11%₹ 12,330 14.75%₹ 13,173 14.97%₹ 27,847 13.26%₹ 14,543 14.10%₹ 44,419 - - - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Balanced Advantage Fund as on 28 Jan 2022 are listed below:

  • Equity Holdings:

    65.25%
  • Debt Holdings:

    23.95%
  • Others Holdings:

    10.80%

Top Sector Holdings of Nippon India Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 16.24% ₹ 832.76 Cr.
Computers - Software 7.13% ₹ 365.67 Cr.
Refineries/Marketing 4.67% ₹ 239.36 Cr.
Pharmaceuticals 3.03% ₹ 155.29 Cr.
Diversified 2.23% ₹ 114.50 Cr.
Others 66.70% -

Top Stock Holdings of Nippon India Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 6.29% ₹ 322.42 Cr.
Infosys Ltd. 4.48% ₹ 229.89 Cr.
HDFC Bank Ltd. 4.10% ₹ 210.49 Cr.
Reliance Industries Ltd. 3.12% ₹ 160.23 Cr.
State Bank Of India 2.40% ₹ 122.93 Cr.
Others 79.61% -

Top Debt Instrument Type holdings of Nippon India Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 15.07% ₹ 772.47 Cr.
GOI 8.88% ₹ 455.48 Cr.
Others 76.05% -

Top Debt Holdings of Nippon India Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 8.88% ₹ 455.48 Cr.
Bond - Rural Electrification Corporation Limited 1.21% ₹ 62.33 Cr.
Bond - Power Finance Corporation Ltd. 1.08% ₹ 55.55 Cr.
Bond - IndInfravit Trust 1.00% ₹ 51.10 Cr.
Bond - HDFC Bank Ltd. 0.97% ₹ 49.53 Cr.
Others 86.86%

Other Holdings

Holding TypeHolding Percentage
TREPS 10.17%
Margin 0.86%
MF Units 0.32%
Net Receivables -0.55%