NJ Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Moderately High Risk
1M
6M
1Y
All
NAV: 19 Apr 2024₹13.15
Min. SIP amount₹100
RatingNA
Fund size₹3,964.80Cr

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
Absolute returns
3M6M1YAll
Fund returns5.1%17.3%32.4%33.7%
Category averageNANA25.0%NA
Rank with in category2786NA
Understand terms

Holdings (202)

NameSectorInstrumentAssets
FinancialEquity8.04%
Capital GoodsEquity3.45%
EnergyEquity3.17%
Capital GoodsEquity3.06%
Consumer StaplesEquity2.86%
EnergyEquity2.45%
TechnologyEquity2.39%
Consumer StaplesEquity2.36%
Consumer DiscretionaryEquity2.35%
ServicesEquity2.25%
See All

Expense ratio, exit load and tax

Expense ratio: 0.60%

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

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₹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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