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Nippon India Balanced Advantage Fund

Nippon India Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

11.53

as on 20 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,880 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

  • ₹ 121.073

    as on 20 Sep 2021
  • Regular - Growth

  • 6 / 22

  • ₹ 100

  • ₹ 3,722 Cr.

    as on 20 Sep 2021
  • 2.03%

    since 31 May 2021
  • 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 ₹ 121.073 as on 20 Sep 2021.

This fund has 8 years of track record. Since 31 May 2021 expense ratio of this fund is 2.03%. 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 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 5.01% 8.71% 13.63% 49.55% 23.17% 15.09% 13.10% 13.19% 41.88% 32.24% 22.71% 16.62% 13.80%
Category Average 2.70% 5.29% 9.65% 23.83% 14.95% 10.52% 9.56% 12.16% 22.61% 20.39% 15.54% 11.66% 12.11%
Nippon India Balanced Advantage Fund 1.89%₹ 10,188 5.42%₹ 10,541 10.91%₹ 11,091 27.86%₹ 12,786 26.54%₹ 13,661 15.58%₹ 13,365 22.62%₹ 29,890 11.53%₹ 13,880 17.05%₹ 46,322 11.05%₹ 16,894 12.76%₹ 82,659 13.03%₹ 34,058 12.59%₹ 2,31,371
Aditya Birla Sun Life Balanced Advantage Fund 2.59%₹ 10,258 5.33%₹ 10,532 11.60%₹ 11,159 29.78%₹ 12,978 25.88%₹ 13,621 16.87%₹ 13,663 23.72%₹ 30,188 12.73%₹ 14,334 18.25%₹ 47,120 10.68%₹ 16,617 13.07%₹ 83,300 - -
Edelweiss Balanced Advantage Fund 3.54%₹ 10,354 7.63%₹ 10,763 13.64%₹ 11,363 32.70%₹ 13,270 31.71%₹ 13,972 23.17%₹ 15,178 28.65%₹ 31,539 15.09%₹ 15,256 22.71%₹ 50,142 13.10%₹ 18,510 16.62%₹ 90,906 12.10%₹ 31,372 13.16%₹ 2,38,422
ICICI Prudential Balanced Advantage Fund 2.51%₹ 10,251 4.40%₹ 10,440 8.65%₹ 10,864 25.44%₹ 12,544 22.35%₹ 13,406 15.48%₹ 13,340 21.37%₹ 29,552 12.37%₹ 14,198 16.92%₹ 46,239 10.64%₹ 16,587 12.94%₹ 83,037 13.19%₹ 34,568 12.67%₹ 2,32,315
DSP Dynamic Asset Allocation Fund 1.87%₹ 10,186 3.80%₹ 10,379 7.99%₹ 10,798 19.10%₹ 11,909 16.99%₹ 13,077 13.00%₹ 12,772 16.36%₹ 28,214 11.21%₹ 13,762 13.88%₹ 44,273 8.75%₹ 15,213 10.88%₹ 78,887 - -
L&T Balanced Advantage Fund 2.77%₹ 10,277 4.89%₹ 10,488 8.48%₹ 10,848 14.45%₹ 11,444 16.50%₹ 13,046 12.83%₹ 12,735 15.95%₹ 28,105 9.76%₹ 13,230 13.16%₹ 43,818 8.71%₹ 15,188 10.34%₹ 77,842 - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Balanced Advantage Fund as on 21 Sep 2021 are listed below:

  • Equity Holdings:

    65.29%
  • Debt Holdings:

    26.28%
  • Others Holdings:

    8.43%

Top Sector Holdings of Nippon India Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 15.87% ₹ 590.33 Cr.
Computers - software 7.86% ₹ 292.43 Cr.
Refineries/marketing 5.15% ₹ 196.01 Cr.
Pharmaceuticals 3.14% ₹ 116.72 Cr.
Other financial services 2.48% ₹ 92.29 Cr.
Others 65.50% -

Top Stock Holdings of Nippon India Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
Infosys Ltd. 5.69% ₹ 211.68 Cr.
HDFC Bank Ltd. 5.08% ₹ 189.01 Cr.
ICICI Bank Ltd. 4.73% ₹ 176.02 Cr.
Reliance Industries Ltd. 3.24% ₹ 120.52 Cr.
State Bank Of India 2.49% ₹ 92.62 Cr.
Others 78.77% -

Top Debt Instrument Type holdings of Nippon India Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 18.86% ₹ 703.12 Cr.
GOI 7.42% ₹ 276.14 Cr.
Others 73.72% -

Top Debt Holdings of Nippon India Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 7.42% ₹ 276.14 Cr.
Bond - Nirma Ltd. 2.68% ₹ 99.88 Cr.
Bond - Power Finance Corporation Ltd. 2.17% ₹ 80.98 Cr.
Bond - Rural Electrification Corporation Limited 1.68% ₹ 62.33 Cr.
Bond - IndInfravit Trust 1.37% ₹ 50.96 Cr.
Others 84.68%

Other Holdings

Holding TypeHolding Percentage
TREPS 4.35%
Margin 4.07%
MF Units 0.40%
Net Receivables -0.39%