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Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Balanced Advantage Fund Direct IDCW

Nippon India Balanced Advantage Fund Direct IDCW

Hybrid
Dynamic Asset Allocation
Moderately High Risk
Payout
13.22%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jan 2022₹36.35
Min. SIP amount₹100
Rating4
Fund size₹5,541.07Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns16.2%13.2%11.9%12.3%
Category average24.8%9.3%9.1%NA
Rank with in category910NANA
Understand terms

Holdings (106)

NameSectorInstrumentAssets
FinancialEquity5.9%
TechnologyEquity5.8%
FinancialEquity3.7%
EnergyEquity2.7%
FMCGEquity2.4%
GOI
SovereignGOI Sec2.3%
GOI
SovereignGOI Sec2.2%
FinancialEquity2.1%
FinancialEquity2.1%
GOI
SovereignGOI Sec2.0%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

3Y and 5Y annualised returns higher than category average
Lower expense ratio: 0.76%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

1Y annualised returns lower than category average by 8.52%

Expense ratio, exit load and tax

Expense ratio: 0.76%

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 terms
Check past data

Minimum investment amounts

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

Fund management

Manish Gunwani
May 2018 - Present
View details
Ashutosh Bhargava
May 2018 - Present
View details
Amar Kalkundrikar
Oct 2020 - Present
View details
Sushil Budhia
Mar 2021 - Present
View details

Fund house & investment objective

Fund house contact details

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