Nippon India Balanced Advantage Fund Growth-0.72%

5.90%
1 Year Return
Hybrid
Balanced Advantage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Balanced Advantage Fund Growth

RiskModerately High
Min SIP Amount₹100
Expense Ratio2.00%
NAV99.29 (25 Nov 2020)
Fund Started15 Nov 2004
Fund Size2,779 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.9%
5.2%
9.0%
12.0%
Category Average
9.7%
5.6%
7.9%
-
Rank Within Category
18
-
-
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.9% annual returns

    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.FinancialEquity6.5%
    ICICI Bank Ltd.FinancialEquity5.6%
    Infosys Ltd.TechnologyEquity5.5%
    Reliance Industries Ltd.EnergyEquity5.4%
    Nirma Ltd.FMCGNCD4.4%
    Axis Bank Ltd.FinancialEquity2.5%
    Indian Receivable TrustFinancialSecuritised Debt2.5%
    ITC Ltd.FMCGEquity2.3%
    Cholamandalam Financial Holdings Ltd.FinancialEquity2.1%
    Muthoot Fincorp Ltd.FinancialNCD1.8%
    See All

    Fund Managers

    Prashant R Pimple
    keyboard_arrow_down
    Amar Kalkundrikar
    keyboard_arrow_down

    Nippon India Balanced Advantage Fund Growth Details

    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 ₹2,779 Cr and the Latest NAV as of 25 Nov 2020 is ₹99.29.

    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

    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

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    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,
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