Fund Performance
Lumpsum
SIP
12.10
as on 28 Nov 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,091 today.
NAV Performance
Fund Information
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₹ 141.162
as on 28 Nov 2023 -
Regular - Growth
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6 / 22
-
₹ 100
-
₹ 6,608 Cr.
as on 31 May 2023 -
1.83%
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03 Jan 2013
-
Nifty 50
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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
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About Kinjal Desai
Kinjal 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.
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About Amar Kalkundrikar
Mr. 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.
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About Ashutosh Bhargava
Ashutosh 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.
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About Sushil Budhia
Mr. 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.
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About 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
Top Sector Holdings of Nippon India Balanced Advantage Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage | Holding 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 Instrument | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 3.77% |
| InvITs | 1.09% |
| Margin | 0.45% |
| MF Units | 0.26% |
| Interest Rate Swaps | 0.00% |