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Nippon India Balanced Advantage Fund Growth

Hybrid
Dynamic Asset Allocation
High Risk
28.65%
1Y return
-0.05% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jul 2021₹117.84
Min. SIP Amount₹100
Rating4star
Fund Size₹3,722.21 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns28.6%10.7%10.9%15.9%
Category average24.8%9.3%9.1%NA
Rank with in category66NANA
Understand termsinfo

Holdings (92)

NameSectorInstrumentAssets
Infosys Ltd.TechnologyEquity5.7%
HDFC Bank Ltd.FinancialEquity5.1%
ICICI Bank Ltd.FinancialEquity4.7%
GOI
SovereignGOI Sec3.5%
Reliance Industries Ltd.EnergyEquity3.2%
Nirma Ltd.FMCGPerpetual Bond2.7%
State Bank of India
FinancialEquity2.5%
Axis Bank Ltd.FinancialEquity2.3%
Cholamandalam Financial Holdings Ltd.FinancialEquity2.1%
Hindustan Unilever Ltd.FMCGEquity2.1%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

  • Age is more than 10 years
  • 1Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • 10Y Returns are higher than the category average returns
  • 3Y Returns are higher than the category average returns

Cons

  • Higher expense ratio - 2.21%

Expense ratio, exit load and tax

Expense ratio: 2.21%

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 termsinfo

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
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Amar Kalkundrikar
Oct 2020 - Present
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Sushil Budhia
Mar 2021 - Present
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Fund house & investment objective

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Fund house contact details

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