1M
6M
1Y
3Y
5Y
All
| NAV: 24 Sep 2021 | ₹37.34 |
| Min. SIP amount | ₹100 |
| Rating | 4star |
| Fund size | ₹4,330.85 Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 36.1% | 13.9% | 12.3% | 12.9% |
| Category average | 24.8% | 9.3% | 9.1% | NA |
| Rank with in category | 6 | 6 | NA | NA |
Understand termsinfo
Holdings (100)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 5.6% |
Infosys Ltd. | Technology | Equity | 5.3% |
HDFC Bank Ltd. | Financial | Equity | 4.5% |
Reliance Industries Ltd. | Energy | Equity | 3.3% |
GOI | Sovereign | GOI Sec | 3.0% |
Hindustan Unilever Ltd. | FMCG | Equity | 2.8% |
Nirma Ltd. | FMCG | Perpetual Bond | 2.3% |
Axis Bank Ltd. | Financial | Equity | 2.2% |
State Bank of India | Financial | Equity | 2.2% |
Bharti Airtel Ltd. | Communication | Equity | 1.8% |
See All
Understand terms
Expense ratio
A 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.
Tax
A 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 load
A 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 duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2021 - Present
0.72%
31 Jul 2021 - 31 Aug 2021
0.73%
30 Jun 2021 - 31 Jul 2021
0.74%
31 May 2021 - 30 Jun 2021
0.76%
30 Apr 2021 - 31 May 2021
0.32%
31 Mar 2021 - 30 Apr 2021
0.33%
28 Feb 2021 - 31 Mar 2021
1.29%
31 Jan 2021 - 28 Feb 2021
1.10%
31 Dec 2020 - 31 Jan 2021
1.11%
30 Nov 2020 - 31 Dec 2020
0.62%
31 Oct 2020 - 30 Nov 2020
0.67%
30 Sep 2020 - 31 Oct 2020
0.67%
31 Aug 2020 - 30 Sep 2020
0.67%
31 Jul 2020 - 31 Aug 2020
0.67%
30 Jun 2020 - 31 Jul 2020
0.78%
31 May 2020 - 30 Jun 2020
0.80%
30 Apr 2020 - 31 May 2020
0.80%
31 Mar 2020 - 30 Apr 2020
0.14%
29 Feb 2020 - 31 Mar 2020
0.17%
31 Jan 2020 - 29 Feb 2020
0.18%
31 Dec 2019 - 31 Jan 2020
0.78%
30 Nov 2019 - 31 Dec 2019
0.79%
31 Oct 2019 - 30 Nov 2019
1.04%
30 Sep 2019 - 31 Oct 2019
1.05%
31 Aug 2019 - 30 Sep 2019
1.07%
31 Jul 2019 - 31 Aug 2019
1.07%
30 Jun 2019 - 31 Jul 2019
1.11%
31 May 2019 - 30 Jun 2019
1.13%
30 Apr 2019 - 31 May 2019
1.14%
31 Mar 2019 - 30 Apr 2019
1.07%
28 Feb 2019 - 31 Mar 2019
1.10%
31 Jan 2019 - 28 Feb 2019
1.11%
31 Dec 2018 - 31 Jan 2019
1.12%
30 Nov 2018 - 31 Dec 2018
1.19%
31 Oct 2018 - 30 Nov 2018
1.21%
30 Sep 2018 - 31 Oct 2018
1.25%
31 Aug 2018 - 30 Sep 2018
1.21%
31 Jul 2018 - 31 Aug 2018
1.21%
30 Jun 2018 - 31 Jul 2018
1.21%
31 May 2018 - 30 Jun 2018
1.86%
30 Apr 2018 - 31 May 2018
2.08%
31 Mar 2018 - 30 Apr 2018
2.08%
28 Feb 2018 - 31 Mar 2018
2.08%
31 Jan 2018 - 28 Feb 2018
2.08%
31 Dec 2017 - 31 Jan 2018
2.08%
30 Nov 2017 - 31 Dec 2017
2.08%
31 Oct 2017 - 30 Nov 2017
2.08%
Expense ratio, exit load and tax
Expense ratio: 0.72%
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 termsinfo
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Prashant R Pimple
Feb 2020 - Present
View details
Education
Mr. Pimple is a MBA (Finance) and CTM.
Experience
Prior to joining Nippon India Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
Also manages these schemes
Manish Gunwani
May 2018 - Present
View details
Education
Mr. Gunwani is a B.Tech. and PGDM.
Experience
Prior to joining Nippon India Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
Also manages these schemes
Ashutosh Bhargava
May 2018 - Present
View details
Education
Mr. Bhargava is B.Com & MBA (Finance)
Experience
Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.
Also manages these schemes
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
Sushil Budhia
Mar 2021 - Present
View details
Education
Mr. Budhia has done CA
Experience
Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #6 in India |
|---|---|
| Total AUM | 2,30,092.13 Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Nippon India Balanced Advantage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available t
Nippon India Balanced Advantage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Manish Gunwani, Ashutosh Bhargava is the Current Fund Manager of Nippon India Balanced Advantage Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,30,092 Cr and the Latest NAV as of 24 Sep 2021 is ₹37.34.
The Nippon India Balanced Advantage Fund Direct IDCW is rated 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
...Read more
Investment Objective
The scheme seeks to capitalize on the potential upside in equity markets while attempting to limit the downside by dynamically managing the portfolio
The scheme seeks 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.
...Read more
| Fund benchmark | CRISIL Hybrid 35+65 Aggressive Index |
|---|
Fund house contact details
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
E-mail
[email protected]Website
NA
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,
Email
[email protected]Website
www.karvymfs.comCompare funds
Nippon India Balanced Advantage Fund Direct IDCW
VS
Add mutual fund to compare
MOST POPULAR ON GROWWVERSION - 1.9.0
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: Axis Bluechip Fund | Motilal Oswal S&P 500 Index Fund | Parag Parikh Long Term Equity Fund | SBI Small Cap Fund | HDFC Balanced Advantage Fund | Axis Long Term Equity Fund | UTI Nifty Index Fund | Axis Midcap Fund | SBI Bluechip Fund | Mirae Asset Emerging Bluechip Fund
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL | HDFC | NIPPON INDIA | ADITYA BIRLA SUN LIFE | SBI | UTI | FRANKLIN TEMPLETON | KOTAK MAHINDRA | IDFC | DSP | AXIS | TATA | L&T | SUNDARAM | PGIM | INVESCO | LIC | JM FINANCIAL | BARODA PIONEER | CANARA ROBECO | HSBC | IDBI | INDIABULLS | MOTILAL OSWAL | BNP PARIBAS | MIRAE ASSET | PRINCIPAL | BOI AXA | UNION KBC | TAURUS | EDELWEISS | NAVI | MAHINDRA | QUANTUM | PPFAS | IIFL | Quant | SHRIRAM | SAHARA | ITI
arrow_drop_down_circle