| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.04% |
| NAV | ₹89.31 (10 Jul 2020) |
|---|---|
| Fund Started | 15 Nov 2004 |
| Fund Size | ₹2,664 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 5.1% |
| HDFC Bank Ltd. | Financial | Equity | 5.0% |
| ICICI Bank Ltd. | Financial | Equity | 4.9% |
| Nirma Ltd. | FMCG | NCD | 4.6% |
| Infosys Ltd. | Technology | Equity | 4.5% |
| Indian Receivable Trust | Financial | Securitised Debt | 2.9% |
| ITC Ltd. | FMCG | Equity | 2.9% |
| India Infradebt Ltd. | Construction | NCD | 2.8% |
| Embassy Office Parks REIT | Construction | ZCB | 1.9% |
| IndInfravit Trust | Financial | NCD | 1.9% |
Nippon India Balanced Advantage Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,664 Cr and the Latest NAV as of 10 Jul 2020 is ₹89.31.
The Nippon India Balanced Advantage Fund Growth 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
To generate optimal returns by investing in equity or equity related instruments primarily drawn from the Companies in the BSE 200 index.
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.