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

Nippon India Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
High Risk
13.25%
3Y annualised
-0.25% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Nov 2021₹129.92
Min. SIP amount₹100
Rating4
Fund size₹5,129.61Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns21.4%13.3%13.2%12.5%
Category average24.8%9.3%9.1%NA
Rank with in category89NANA
Understand terms

Holdings (101)

NameSectorInstrumentAssets
FinancialEquity6.3%
TechnologyEquity4.5%
FinancialEquity4.1%
EnergyEquity3.1%
GOI
SovereignGOI Sec2.5%
GOI
SovereignGOI Sec2.4%
FinancialEquity2.4%
FMCGEquity2.2%
FinancialEquity2.2%
FMCGEquity2.0%
See All

Expense ratio, exit load and tax

Expense ratio: 0.60%

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

Prashant R Pimple
Feb 2020 - Present
View details
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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