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Nippon India Balanced Advantage Fund Growth+0.34%

34.35%
1 Year Return
Hybrid
Balanced Advantage
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Balanced Advantage Fund Growth

RiskHigh
Min SIP Amount₹100
Expense Ratio2.16%
NAV₹110.07 (06 May 2021)
Fund Started15 Nov 2004
Fund Size3,251 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
34.4%
8.6%
12.2%
12.3%
Category Average
26.3%
6.7%
8.4%
-
Rank Within Category
9
6
-
-
*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 34.4% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
5. 3Y Returns are higher than the category average returns
Cons
1. Higher expense ratio - 2.16%

Top Holdings

NameSectorInstrument% Assets
Infosys Ltd.TechnologyEquity5.8%
HDFC Bank Ltd.FinancialEquity5.5%
ICICI Bank Ltd.FinancialEquity4.9%
Reliance Industries Ltd.EnergyEquity3.8%
Nirma Ltd.FMCGAT1 Bond3.0%
State Bank of IndiaFinancialEquity2.4%
ITC Ltd.FMCGEquity2.2%
Hindustan Unilever Ltd.FMCGEquity2.1%
Bharat Petroleum Corpn. Ltd.EnergyEquity1.5%
Vardhman Textiles Ltd.TextilesEquity1.3%
See All

Fund Managers

Prashant R Pimple
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Amar Kalkundrikar
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Sushil Budhia
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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 ₹3,251 Cr and the Latest NAV as of 06 May 2021 is ₹110.07.

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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