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Nippon India Balanced Advantage Fund Growth+0.61%

18.64%
1 Year Return
Hybrid
Balanced Advantage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Balanced Advantage Fund Growth

RiskHigh
Min SIP Amount₹100
Expense Ratio2.28%
NAV₹109.79 (02 Mar 2021)
Fund Started15 Nov 2004
Fund Size2,887 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
18.6%
8.6%
13.5%
12.3%
Category Average
16.7%
7.5%
9.8%
-
Rank Within Category
12
-
-
-
*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 18.6% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. 5Y Returns are higher than the category average returns
3. 10Y Returns are higher than the category average returns
Cons
1. Higher expense ratio - 2.01%
2. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity6.0%
Infosys Ltd.TechnologyEquity6.0%
ICICI Bank Ltd.FinancialEquity5.3%
Reliance Industries Ltd.EnergyEquity4.2%
Nirma Ltd.FMCGNCD3.4%
Axis Bank Ltd.FinancialEquity2.9%
ITC Ltd.FMCGEquity2.3%
Indian Receivable TrustFinancialSecuritised Debt2.2%
Cholamandalam Financial Holdings Ltd.FinancialEquity2.1%
Hindustan Unilever Ltd.FMCGEquity2.0%
See All

Fund Managers

Prashant R Pimple
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Amar Kalkundrikar
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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 ₹2,887 Cr and the Latest NAV as of 02 Mar 2021 is ₹109.79.

The Nippon India Balanced Advantage Fund Growth is rated 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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