NJ Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
12.59%
3Y annualised
-0.14% 1D
1M
6M
1Y
3Y
All
NAV: 09 Dec 2024₹14.19
Min. SIP amount₹100
Rating2
Fund size₹4,253.98Cr

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
6M1Y3YAll
Fund returnsNA16.7%12.6%11.9%
Category averageNA18.5%12.6%NA
Rank with in categoryNA2620NA
Understand terms

Peer Comparison

Holdings (186)

NameSectorInstrumentAssets
EnergyEquity7.71%
TechnologyEquity3.37%
HealthcareEquity3.26%
HealthcareEquity3.26%
EnergyEquity3.08%
FinancialEquity2.84%
AutomobileEquity2.80%
HealthcareEquity2.75%
Reserve Bank of India
FinancialT-Bills2.71%
AutomobileEquity2.68%
AutomobileEquity2.50%
Consumer StaplesEquity2.31%
FinancialEquity1.82%
Consumer StaplesEquity1.58%
HealthcareEquity1.46%
FinancialEquity1.46%
TechnologyEquity1.43%
TechnologyEquity1.38%
AutomobileEquity1.33%
EnergyEquity1.30%
HealthcareEquity1.30%
ChemicalsEquity1.27%
FinancialEquity1.25%
TechnologyEquity1.24%
Reserve Bank of India
FinancialT-Bills1.24%
Reserve Bank of India
FinancialT-Bills1.24%
Reserve Bank of India
FinancialT-Bills1.24%
Reserve Bank of India
FinancialT-Bills1.24%
Reserve Bank of India
FinancialT-Bills1.24%
Reserve Bank of India
FinancialT-Bills1.23%
Reserve Bank of India
FinancialT-Bills1.23%
Reserve Bank of India
FinancialT-Bills1.23%
FinancialT-Bills1.23%
HealthcareEquity1.23%
Reserve Bank of India
FinancialT-Bills1.23%
Reserve Bank of India
FinancialT-Bills1.22%
Reserve Bank of India
FinancialT-Bills1.22%
Reserve Bank of India
FinancialT-Bills1.21%
Consumer StaplesEquity1.20%
ServicesEquity1.15%
Reserve Bank of India
FinancialT-Bills1.12%
Capital GoodsEquity1.10%
EnergyEquity1.01%
FinancialEquity0.91%
ConstructionEquity0.58%
FinancialEquity0.56%
ConstructionEquity0.52%
FinancialEquity0.50%
ServicesEquity0.41%
ServicesEquity0.41%
EnergyEquity0.39%
CommunicationEquity0.38%
Consumer StaplesEquity0.33%
FinancialEquity0.30%
ServicesEquity0.27%
FinancialEquity0.26%
TechnologyEquity0.25%
TextilesEquity0.23%
Consumer StaplesEquity0.23%
HealthcareEquity0.23%
ChemicalsEquity0.23%
HealthcareEquity0.23%
Consumer StaplesEquity0.22%
TechnologyEquity0.22%
TechnologyEquity0.22%
TechnologyEquity0.22%
TechnologyEquity0.22%
AutomobileEquity0.22%
TechnologyEquity0.21%
Consumer StaplesEquity0.21%
TechnologyEquity0.21%
Metals & MiningEquity0.21%
TechnologyEquity0.21%
TechnologyEquity0.21%
ChemicalsEquity0.21%
Consumer StaplesEquity0.20%
ChemicalsEquity0.20%
ChemicalsEquity0.20%
Consumer StaplesEquity0.19%
ConstructionEquity0.19%
FinancialEquity0.18%
HealthcareEquity0.17%
AutomobileEquity0.17%
FinancialEquity0.16%
Metals & MiningEquity0.14%
Metals & MiningEquity0.13%
Metals & MiningEquity0.12%
Capital GoodsEquity0.12%
ServicesEquity0.12%
Consumer DiscretionaryEquity0.12%
CommunicationEquity0.11%
Consumer StaplesEquity0.10%
Capital GoodsEquity0.09%
ConstructionEquity0.07%
AutomobileEquity0.06%
ServicesEquity0.06%
Reserve Bank of India
FinancialT-Bills0.05%
FinancialEquity0.05%
ChemicalsEquity0.04%
FinancialEquity0.04%
EnergyEquity0.03%
ConstructionEquity0.03%
Capital GoodsEquity0.03%
FinancialEquity0.02%
Metals & MiningEquity0.02%
ServicesEquity0.02%
ConstructionEquity0.02%
FinancialEquity0.02%
FinancialEquity0.01%
ChemicalsEquity0.01%
HealthcareEquity0.01%
HealthcareEquity0.01%
Consumer DiscretionaryEquity0.01%
AutomobileEquity0.01%
InsuranceEquity0.01%
FinancialEquity0.01%
Metals & MiningEquity0.00%
ConstructionEquity0.00%
AutomobileEquity0.00%
Capital GoodsEquity0.00%
HealthcareEquity0.00%
FinancialEquity0.00%
AutomobileEquity0.00%
Bharat Forge Ltd.
AutomobileFutures-0.00%
Pidilite Industries Ltd.
ChemicalsFutures-0.00%
Cholamandalam Investment and Finance Company Ltd.
FinancialFutures-0.00%
Zydus Lifesciences Ltd.
HealthcareFutures-0.00%
ABB India Ltd.
Capital GoodsFutures-0.00%
Escorts Kubota Ltd.
AutomobileFutures-0.00%
DLF Ltd.
ConstructionFutures-0.00%
Jindal Steel & Power Ltd.
Metals & MiningFutures-0.00%
REC Ltd.
FinancialFutures-0.01%
HDFC Life Insurance Co Ltd.
InsuranceFutures-0.01%
Mahindra & Mahindra Ltd.
AutomobileFutures-0.01%
Crompton Greaves Consumer Electricals Ltd.
Consumer DiscretionaryFutures-0.01%
Biocon Ltd.
HealthcareFutures-0.01%
Cipla Ltd.
HealthcareFutures-0.01%
UPL Ltd.
ChemicalsFutures-0.01%
L&T Finance Ltd.
FinancialFutures-0.01%
City Union Bank Ltd.
FinancialFutures-0.02%
Godrej Properties Ltd.
ConstructionFutures-0.02%
The Indian Hotels Company Ltd.
ServicesFutures-0.02%
JSW Steel Ltd.
Metals & MiningFutures-0.02%
RBL Bank Ltd.
FinancialFutures-0.02%
Exide Industries Ltd.
Capital GoodsFutures-0.03%
GMR Airports Infrastructure Ltd.
ConstructionFutures-0.03%
GAIL (India) Ltd.
EnergyFutures-0.03%
LIC Housing Finance Ltd.
FinancialFutures-0.04%
Aarti Industries Ltd.
ChemicalsFutures-0.04%
Power Finance Corporation Ltd.
FinancialFutures-0.05%
Adani Ports and Special Economic Zone Ltd.
ServicesFutures-0.06%
Maruti Suzuki India Ltd.
AutomobileFutures-0.07%
Ambuja Cements Ltd.
ConstructionFutures-0.07%
Bharat Electronics Ltd.
Capital GoodsFutures-0.09%
United Spirits Ltd.
Consumer StaplesFutures-0.10%
Tech Mahindra Ltd.
TechnologyFutures-0.10%
Bharti Airtel Ltd.
CommunicationFutures-0.11%
ITC Ltd.
Consumer StaplesFutures-0.11%
Titan Company Ltd.
Consumer DiscretionaryFutures-0.12%
Container Corporation Of India Ltd.
ServicesFutures-0.12%
Bharat Heavy Electricals Ltd.
Capital GoodsFutures-0.12%
NMDC Ltd.
Metals & MiningFutures-0.13%
Tata Steel Ltd.
Metals & MiningFutures-0.13%
Tata Consultancy Services Ltd.
TechnologyFutures-0.13%
Steel Authority Of India Ltd.
Metals & MiningFutures-0.14%
Canara Bank
FinancialFutures-0.16%
Tata Motors Ltd.
AutomobileFutures-0.17%
Granules India Ltd.
HealthcareFutures-0.17%
Bandhan Bank Ltd.
FinancialFutures-0.18%
Indian Railway Catering & Tourism Corporation Ltd.
ServicesFutures-0.21%
PI Industries Ltd.
ChemicalsFutures-0.23%
Hindustan Unilever Ltd.
Consumer StaplesFutures-0.23%
Kotak Mahindra Bank Ltd.
FinancialFutures-0.26%
Axis Bank Ltd.
FinancialFutures-0.30%
Reliance Industries Ltd.
EnergyFutures-0.35%
Vodafone Idea Ltd.
CommunicationFutures-0.39%
Tata Power Company Ltd.
EnergyFutures-0.39%
Adani Enterprises Ltd.
ServicesFutures-0.41%
Indusind Bank Ltd.
FinancialFutures-0.51%
ACC Ltd.
ConstructionFutures-0.52%
State Bank of India
FinancialFutures-0.56%
Larsen & Toubro Ltd.
ConstructionFutures-0.58%
Bank Of Baroda
FinancialFutures-0.91%
HDFC Bank Ltd.
FinancialFutures-1.26%
Bajaj Finance Ltd.
FinancialFutures-1.83%
Reliance Industries Ltd.
EnergyFutures-7.40%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Lower expense ratio: 0.63%
3Y annualised returns higher than category average by 0.37%

Cons

1Y annualised returns lower than category average by 1.41%
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.63%

Inclusive of GST

Exit load

For units in excess of 5% of the investment,1% will be charged for redemption within 30 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹100

Fund management

Dhaval Patel
Mar 2023 - Present
View details

Education
Mr. Patel has done IBS from Hyderabad
Experience
Prior to joining NJ Mutual Fund, he has worked with Axis Mutual Fund, Credit Analysis & Research Ltd.
Also manages these schemes

Vishal Ashar
Mar 2023 - Present
View details

Education
Mr. Ashar has done MBA in Finance
Experience
Prior to joining NJ Mutual Fund, he has worked with Indiabulls Mutual Fund, Motilal Oswal Financial Services Ltd and Sharekhan
Also manages these schemes

Viral Shah
Oct 2022 - Present
View details

Education
Mr. Shah has done B.E. and MBA (Finance)
Experience
Mr. Shah has started his career with NJ Group and has been Principal Officer for PMS segment with NJ Asset Management for more than 10 years.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No. 101A, 1st Floor,Hallmark Business Plaza,Bandra (East), Mumbai 400051
Phone
NA
Launch Date
20 Apr 2021
E-mail
NA
NJ 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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