Nippon India Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
14.04%
3Y annualised
+0.23% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 May 2024₹179.21
Min. SIP amount₹100
Rating3
Fund size₹7,928.38Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns25.7%14.0%13.4%12.8%
Category average24.6%12.3%12.1%NA
Rank with in category16109NA
Understand terms

Holdings (179)

NameSectorInstrumentAssets
FinancialEquity6.48%
FinancialEquity5.15%
TechnologyEquity3.40%
EnergyEquity3.36%
CommunicationEquity3.11%
EnergyEquity2.89%
FinancialEquity2.73%
SovereignGOI Sec2.33%
Consumer StaplesEquity2.15%
ConstructionEquity1.80%
See All

Expense ratio, exit load and tax

Expense ratio: 0.55%

Inclusive of GST

Exit load

For more than 10% of investments 1% will be charged if redeemed within 12 month

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Amar Kalkundrikar
Oct 2020 - Present
View details

Education
Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.
Experience
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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400013
Phone
NA
Launch Date
30 Jun 1995
E-mail
NA
Website
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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