Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Balanced Advantage Fund Dividend
shareSHARE

Nippon India Balanced Advantage Fund Dividend-0.17%

12.15%
1 Year Return
Hybrid
Balanced Advantage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Balanced Advantage Fund Dividend

RiskModerately High
Min SIP Amount₹100
Expense Ratio2.01%
NAV₹27.23 (21 Jan 2021)
Fund Started15 Nov 2004
Fund Size2,885 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
12.2%
5.9%
12.4%
12.3%
Category Average
13.0%
6.9%
9.7%
-
Rank Within Category
16
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 12.2% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Age is more than 10 years
3. 5Y Returns are higher than the category average returns
Cons
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 2.05%
9. 1Y Returns are lower than the category average returns
10. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity6.9%
ICICI Bank Ltd.FinancialEquity6.0%
Infosys Ltd.TechnologyEquity5.5%
Reliance Industries Ltd.EnergyEquity4.6%
Nirma Ltd.FMCGNCD4.3%
Cholamandalam Financial Holdings Ltd.FinancialEquity2.7%
Axis Bank Ltd.FinancialEquity2.6%
Indian Receivable TrustFinancialSecuritised Debt2.4%
ITC Ltd.FMCGEquity2.2%
IndInfravit TrustFinancialNCD1.8%
See All

Fund Managers

Prashant R Pimple
keyboard_arrow_down
Amar Kalkundrikar
keyboard_arrow_down

Nippon India Balanced Advantage Fund Dividend Details

Nippon India Balanced Advantage Fund Dividend is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 15 Nov 2004. Meenakshi Dawar is the Current Fund Manager of Nippon India Balanced Advantage Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,885 Cr and the Latest NAV as of 21 Jan 2021 is ₹27.23.

The Nippon India Balanced Advantage Fund 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 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.

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

Compare Funds

Nippon India Balanced Advantage Fund Dividend
VS
search

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
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,
Similar Funds