Nippon India Balanced Advantage Fund Direct Dividend+0.29%

3
-3.45%
1 Year Return
Hybrid
Balanced Advantage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Balanced Advantage Fund Direct Dividend

RiskModerately High
Min SIP Amount₹100
Expense Ratio0.80%
NAV28.49 (03 Jul 2020)
Fund Started01 Jan 2013
Fund Size2,664 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Balanced Advantage Fund Direct Dividend
-3.5%
4.0%
6.0%
10.1%
Category Average
-2.6%
2.6%
5.3%
-
Rank within category
18
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -3.5% annual returns

    Comparison

    Data not available
    Pros
    1. 3Y Returns are higher than the category average returns
    2. 5Y Returns are higher than the category average returns
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. 1Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity5.1%
    HDFC Bank Ltd.FinancialEquity5.0%
    ICICI Bank Ltd.FinancialEquity4.9%
    Nirma Ltd.FMCGNCD4.6%
    Infosys Ltd.TechnologyEquity4.5%
    Indian Receivable TrustFinancialSecuritised Debt2.9%
    ITC Ltd.FMCGEquity2.9%
    India Infradebt Ltd.ConstructionNCD2.8%
    Embassy Office Parks REITConstructionZCB1.9%
    IndInfravit TrustFinancialNCD1.9%
    See All

    Fund Managers

    addPrashant R Pimple
    Education
    Mr. Pimple is a MBA (Finance) and CTM.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
    Funds Managed
    addAshutosh Bhargava
    Education
    Mr. Bhargava is B.Com & MBA (Finance)
    Experience
    He had worked with Reliance AMC as deputy investment strategist, investment strategist & Fund Manager. He had also worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd as Economist.
    Funds Managed

    Nippon India Balanced Advantage Fund Direct Dividend Details

    Nippon India Balanced Advantage Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Manish Gunwani, Ashutosh Bhargava is the Current Fund Manager of Nippon India Balanced Advantage Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,664 Cr and the Latest NAV as of 03 Jul 2020 is ₹28.49.

    The Nippon India Balanced Advantage Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. For more than 10% of investments 1% will be charged if redeemed within 12 month

    Investment 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.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹100
    Min for First Investment
    ₹100
    Min for Second Investment
    For more than 10% of investments 1% will be charged if redeemed within 12 month
    Exit Load

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    About Nippon India Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    Launch Date
    30 Jun 1995
    Reliance 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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