How to Invest in NJ Balanced Advantage Fund Regular IDCW?

You can easily invest in NJ Balanced Advantage Fund Regular IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for NJ Balanced Advantage Fund Regular IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in NJ Balanced Advantage Fund Regular IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does NJ Balanced Advantage Fund Regular IDCW provide?

The NJ Balanced Advantage Fund Regular IDCW has been there from 29 Oct 2021 and the average annual returns provided by this fund is 29.21% since its inception.

How much expense ratio is charged by NJ Balanced Advantage Fund Regular IDCW?

The term Expense Ratio used for NJ Balanced Advantage Fund Regular IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of NJ Balanced Advantage Fund Regular IDCW is 1.89% as of 24 Apr 2024...

What is the AUM of NJ Balanced Advantage Fund Regular IDCW?

The AUM, short for Assets Under Management of NJ Balanced Advantage Fund Regular IDCW is ₹3,964.80Cr as of 24 Apr 2024.

How to Redeem NJ Balanced Advantage Fund Regular IDCW?

If you want to sell your NJ Balanced Advantage Fund Regular IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of NJ Balanced Advantage Fund Regular IDCW?

You can select either SIP or Lumpsum investment of NJ Balanced Advantage Fund Regular IDCW based on your investment objective and risk tolerance.

What is the NAV of NJ Balanced Advantage Fund Regular IDCW?

The NAV of NJ Balanced Advantage Fund Regular IDCW is ₹12.78 as of 23 Apr 2024.

What is the PE and PB ratio of NJ Balanced Advantage Fund Regular IDCW?

The PE ratio ratio of NJ Balanced Advantage Fund Regular IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

NJ Balanced Advantage Fund Regular IDCW - NAV, Mutual Fund Performance & Portfolio

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NJ Balanced Advantage Fund Regular IDCW
Hybrid
Dynamic Asset Allocation
Moderately High Risk
1M
6M
1Y
All
 NAV: 23 Apr 2024₹12.78
Min. SIP amountNot Supported
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 ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Absolute returns
3M6M1YAll
Fund returns2.3%14.0%29.1%27.3%
Category averageNANA25.7%NA
Rank with in category2786NA
Understand terms
Holdings (202)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity8.04%
Hindustan Aeronautics Ltd.
Capital GoodsEquity3.45%
Reliance Industries Ltd.
EnergyEquity3.17%
Bharat Electronics Ltd.
Capital GoodsEquity3.06%
ITC Ltd.
Consumer StaplesEquity2.86%
Power Grid Corporation Of India Ltd.
EnergyEquity2.45%
Sonata Software Ltd.
TechnologyEquity2.39%
Colgate-Palmolive (India) Ltd.
Consumer StaplesEquity2.36%
Titan Company Ltd.
Consumer DiscretionaryEquity2.35%
Crisil Ltd.
ServicesEquity2.25%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
Apr 2024 - Present
89%
Apr 2024 - 19 Apr 2024
89%
Apr 2024 - 18 Apr 2024
89%
Apr 2024 - 16 Apr 2024
89%
Apr 2024 - 15 Apr 2024
89%
Apr 2024 - 12 Apr 2024
89%
Apr 2024 - 10 Apr 2024
88%
Apr 2024 - 09 Apr 2024
88%
Apr 2024 - 08 Apr 2024
88%
Apr 2024 - 05 Apr 2024
88%
Apr 2024 - 04 Apr 2024
88%
Apr 2024 - 03 Apr 2024
88%
Apr 2024 - 02 Apr 2024
88%
Mar 2024 - 01 Apr 2024
93%
Mar 2024 - 31 Mar 2024
93%
Mar 2024 - 28 Mar 2024
93%
Mar 2024 - 27 Mar 2024
93%
Mar 2024 - 26 Mar 2024
94%
Mar 2024 - 22 Mar 2024
94%
Mar 2024 - 21 Mar 2024
94%
Mar 2024 - 20 Mar 2024
94%
Mar 2024 - 19 Mar 2024
94%
Mar 2024 - 18 Mar 2024
94%
Mar 2024 - 15 Mar 2024
94%
Mar 2024 - 14 Mar 2024
94%
Mar 2024 - 13 Mar 2024
93%
Mar 2024 - 12 Mar 2024
93%
Mar 2024 - 11 Mar 2024
93%
Mar 2024 - 07 Mar 2024
93%
Mar 2024 - 06 Mar 2024
93%
Mar 2024 - 05 Mar 2024
93%
Mar 2024 - 04 Mar 2024
93%
Feb 2024 - 01 Mar 2024
93%
Feb 2024 - 29 Feb 2024
93%
Feb 2024 - 28 Feb 2024
93%
Feb 2024 - 27 Feb 2024
93%
Feb 2024 - 26 Feb 2024
93%
Feb 2024 - 23 Feb 2024
93%
Feb 2024 - 22 Feb 2024
93%
Feb 2024 - 21 Feb 2024
93%
Feb 2024 - 20 Feb 2024
86%
Feb 2024 - 19 Feb 2024
86%
Feb 2024 - 16 Feb 2024
86%
Feb 2024 - 15 Feb 2024
86%
Feb 2024 - 14 Feb 2024
87%
Feb 2024 - 13 Feb 2024
87%
Feb 2024 - 12 Feb 2024
86%
Feb 2024 - 09 Feb 2024
86%
Feb 2024 - 08 Feb 2024
86%
Feb 2024 - 07 Feb 2024
86%
Feb 2024 - 06 Feb 2024
87%
Feb 2024 - 05 Feb 2024
87%
Feb 2024 - 02 Feb 2024
87%
Jan 2024 - 01 Feb 2024
87%
Jan 2024 - 31 Jan 2024
87%
Jan 2024 - 30 Jan 2024
87%
Jan 2024 - 29 Jan 2024
87%
Jan 2024 - 25 Jan 2024
87%
Jan 2024 - 24 Jan 2024
87%
Jan 2024 - 23 Jan 2024
87%
Jan 2024 - 19 Jan 2024
87%
Jan 2024 - 18 Jan 2024
87%
Jan 2024 - 17 Jan 2024
87%
Jan 2024 - 16 Jan 2024
87%
Jan 2024 - 15 Jan 2024
87%
Jan 2024 - 12 Jan 2024
87%
Jan 2024 - 11 Jan 2024
87%
Jan 2024 - 10 Jan 2024
87%
Jan 2024 - 09 Jan 2024
87%
Jan 2024 - 08 Jan 2024
87%
Jan 2024 - 05 Jan 2024
87%
Jan 2024 - 04 Jan 2024
87%
Jan 2024 - 03 Jan 2024
87%
Jan 2024 - 02 Jan 2024
87%
Dec 2023 - 01 Jan 2024
87%
Dec 2023 - 31 Dec 2023
87%
Dec 2023 - 29 Dec 2023
87%
Dec 2023 - 28 Dec 2023
87%
Dec 2023 - 27 Dec 2023
87%
Dec 2023 - 26 Dec 2023
87%
Dec 2023 - 22 Dec 2023
87%
Dec 2023 - 21 Dec 2023
87%
Dec 2023 - 20 Dec 2023
87%
Dec 2023 - 19 Dec 2023
87%
Dec 2023 - 18 Dec 2023
87%
Dec 2023 - 15 Dec 2023
87%
Dec 2023 - 14 Dec 2023
87%
Dec 2023 - 13 Dec 2023
87%
Dec 2023 - 12 Dec 2023
87%
Dec 2023 - 11 Dec 2023
87%
Dec 2023 - 08 Dec 2023
87%
Dec 2023 - 07 Dec 2023
87%
Dec 2023 - 06 Dec 2023
87%
Dec 2023 - 05 Dec 2023
87%
Dec 2023 - 04 Dec 2023
87%
Nov 2023 - 01 Dec 2023
88%
Nov 2023 - 30 Nov 2023
88%
Nov 2023 - 29 Nov 2023
88%
Nov 2023 - 28 Nov 2023
88%
Nov 2023 - 24 Nov 2023
88%
Nov 2023 - 23 Nov 2023
88%
Nov 2023 - 22 Nov 2023
88%
Nov 2023 - 21 Nov 2023
88%
Nov 2023 - 20 Nov 2023
88%
Nov 2023 - 17 Nov 2023
88%
Nov 2023 - 16 Nov 2023
88%
Nov 2023 - 15 Nov 2023
88%
Nov 2023 - 13 Nov 2023
88%
Nov 2023 - 10 Nov 2023
88%
Nov 2023 - 09 Nov 2023
88%
Nov 2023 - 08 Nov 2023
88%
Nov 2023 - 07 Nov 2023
88%
Nov 2023 - 06 Nov 2023
88%
Nov 2023 - 03 Nov 2023
88%
Nov 2023 - 02 Nov 2023
88%
Oct 2023 - 01 Nov 2023
90%
Oct 2023 - 31 Oct 2023
90%
Oct 2023 - 30 Oct 2023
90%
Oct 2023 - 27 Oct 2023
90%
Oct 2023 - 26 Oct 2023
90%
Oct 2023 - 25 Oct 2023
90%
Oct 2023 - 23 Oct 2023
90%
Oct 2023 - 20 Oct 2023
90%
Oct 2023 - 19 Oct 2023
90%
Oct 2023 - 18 Oct 2023
90%
Oct 2023 - 17 Oct 2023
90%
Oct 2023 - 16 Oct 2023
90%
Oct 2023 - 13 Oct 2023
90%
Oct 2023 - 12 Oct 2023
90%
Oct 2023 - 11 Oct 2023
90%
Oct 2023 - 10 Oct 2023
90%
Oct 2023 - 09 Oct 2023
90%
Oct 2023 - 06 Oct 2023
90%
Oct 2023 - 05 Oct 2023
90%
Oct 2023 - 04 Oct 2023
90%
Sep 2023 - 03 Oct 2023
90%
Sep 2023 - 30 Sep 2023
90%
Sep 2023 - 29 Sep 2023
90%
Sep 2023 - 27 Sep 2023
90%
Sep 2023 - 26 Sep 2023
90%
Sep 2023 - 25 Sep 2023
90%
Sep 2023 - 22 Sep 2023
90%
Sep 2023 - 21 Sep 2023
90%
Sep 2023 - 20 Sep 2023
90%
Sep 2023 - 18 Sep 2023
90%
Sep 2023 - 15 Sep 2023
90%
Sep 2023 - 14 Sep 2023
90%
Sep 2023 - 13 Sep 2023
90%
Sep 2023 - 12 Sep 2023
89%
Sep 2023 - 11 Sep 2023
89%
Sep 2023 - 08 Sep 2023
89%
Sep 2023 - 07 Sep 2023
90%
Sep 2023 - 06 Sep 2023
90%
Sep 2023 - 05 Sep 2023
90%
Sep 2023 - 04 Sep 2023
90%
Aug 2023 - 01 Sep 2023
90%
Jul 2023 - 31 Aug 2023
89%
Jun 2023 - 31 Jul 2023
87%
May 2023 - 30 Jun 2023
87%
Apr 2023 - 31 May 2023
87%
Mar 2023 - 30 Apr 2023
87%
Feb 2023 - 31 Mar 2023
87%
Jan 2023 - 28 Feb 2023
87%
Dec 2022 - 31 Jan 2023
86%
Dec 2022 - 31 Dec 2022
86%
Dec 2022 - 31 Dec 2022
86%
Nov 2022 - 31 Dec 2022
91%
Nov 2022 - 30 Nov 2022
91%
Nov 2022 - 30 Nov 2022
91%
Nov 2022 - 30 Nov 2022
91%
Oct 2022 - 30 Nov 2022
91%
Oct 2022 - 31 Oct 2022
91%
Oct 2022 - 31 Oct 2022
91%
Oct 2022 - 31 Oct 2022
91%
Oct 2022 - 31 Oct 2022
91%
Sep 2022 - 31 Oct 2022
91%
Sep 2022 - 30 Sep 2022
91%
Sep 2022 - 30 Sep 2022
91%
Sep 2022 - 30 Sep 2022
91%
Aug 2022 - 30 Sep 2022
90%
Aug 2022 - 31 Aug 2022
90%
Aug 2022 - 31 Aug 2022
90%
Jul 2022 - 31 Aug 2022
90%
Jul 2022 - 31 Jul 2022
90%
Jul 2022 - 31 Jul 2022
90%
Jun 2022 - 31 Jul 2022
91%
Jun 2022 - 30 Jun 2022
91%
Jun 2022 - 30 Jun 2022
91%
May 2022 - 30 Jun 2022
90%
May 2022 - 31 May 2022
90%
May 2022 - 31 May 2022
90%
Apr 2022 - 31 May 2022
90%
Apr 2022 - 30 Apr 2022
90%
Apr 2022 - 30 Apr 2022
90%
Mar 2022 - 30 Apr 2022
89%
Mar 2022 - 31 Mar 2022
89%
Mar 2022 - 31 Mar 2022
89%
Feb 2022 - 31 Mar 2022
91%
Feb 2022 - 28 Feb 2022
91%
Feb 2022 - 28 Feb 2022
91%
Jan 2022 - 28 Feb 2022
88%
Jan 2022 - 31 Jan 2022
88%
Jan 2022 - 31 Jan 2022
88%
Dec 2021 - 31 Jan 2022
88%
Dec 2021 - 31 Dec 2021
88%
Dec 2021 - 31 Dec 2021
88%
Expense ratio, exit load and taxExpense ratio: 1.89%Inclusive of GST
Exit loadFor units in excess of 5% of the investment,1% will be charged for redemption within 30 days
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementDhaval 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
Axis Strategic Bond Fund Direct Growth
Axis Credit Risk Fund Direct Growth
NJ Balanced Advantage Fund Direct Growth
NJ Arbitrage Fund Direct Growth
NJ Overnight Fund Direct Growth
NJ ELSS Tax Saver Scheme Direct Growth
NJ Flexi Cap Fund Direct Growth
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
Groww Arbitrage Fund Direct Growth
NJ Balanced Advantage Fund Direct Growth
NJ Arbitrage Fund Direct Growth
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
NJ Balanced Advantage Fund Direct Growth
NJ Arbitrage Fund Direct Growth
NJ Overnight Fund Direct Growth
NJ ELSS Tax Saver Scheme Direct Growth
Fund house & investment objective
NJ Mutual Fund
Rank (total assets)NA
Total AUM₹5,743.71Cr
Date of Incorporation20 Apr 2021
 NJ Balanced Advantage Fund Regular IDCW is a Hybrid Mutual Fund Scheme launched by NJ Mutual Fund. This scheme was made available to investors on 20 Apr 2021. Rishi Sharma is the Current Fund Manager of NJ Balanced Advantage Fund Regular IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹5,744 Cr and the Latest NAV as of 23 Apr 2024 is ₹12.78.
The NJ Balanced Advantage Fund Regular IDCW is rated Moderately High risk. Minimum SIP Investment is set to ₹500. For units in excess of 5% of the investment,1% will be charged for redemption within 30 days
;
Investment ObjectiveThe scheme seeks to generate capital appreciation by dynamically allocating its assets between equity and specified debt securities.
;
Fund benchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
Scheme Information Document(SID)
Fund house contact details
Address
Unit No. 101A, 1st Floor,Hallmark Business Plaza,Bandra (East), Mumbai 400051
Phone
NA
Launch Date
Apr 2021
E-mail
NA
Website
njmutualfund.com
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
NJ Balanced Advantage Fund Regular IDCW
VS
Add mutual fund to compare

	3M	6M	1Y	All
Fund returns	2.3%	14.0%	29.1%	27.3%
Category average	NA	NA	25.7%	NA
Rank with in category	27	8	6	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	8.04%
Hindustan Aeronautics Ltd.	Capital Goods	Equity	3.45%
Reliance Industries Ltd.	Energy	Equity	3.17%
Bharat Electronics Ltd.	Capital Goods	Equity	3.06%
ITC Ltd.	Consumer Staples	Equity	2.86%
Power Grid Corporation Of India Ltd.	Energy	Equity	2.45%
Sonata Software Ltd.	Technology	Equity	2.39%
Colgate-Palmolive (India) Ltd.	Consumer Staples	Equity	2.36%
Titan Company Ltd.	Consumer Discretionary	Equity	2.35%
Crisil Ltd.	Services	Equity	2.25%

Rank (total assets)	NA
Total AUM	₹5,743.71Cr

Date of Incorporation	20 Apr 2021

Fund benchmark	NIFTY 50 Hybrid Composite debt 50:50 Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	NA
Fund size	₹3,964.80Cr

NJ Balanced Advantage Fund Regular IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (202)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.89%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Dhaval PatelMar 2023 - PresentView details

Vishal AsharMar 2023 - PresentView details

Viral ShahOct 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Dhaval Patel
Mar 2023 - Present
View details

Vishal Ashar
Mar 2023 - Present
View details

Viral Shah
Oct 2022 - Present
View details