Download Mobile Apps
-
Mutual Funds
-
Genius
-
Insurance
-
Calculators
Great! You have sucessfully subscribed for newsletters for investments
Subscribed email:
Prudential Technology Bluechip Fund
Find out how much and how long you should invest in it to suit your overall portfolio
Knowing this helps you control risk in your portfolio
Your investor personality
Adventurer
You confirm that you have seen and understood your investor personality by entering the OTP.
刀塔2app
NAV as of ( Sep 09, 2022 )
₹ 138.68 0.05 % 1-D Change
Returns
12.16% p.a.
You get upto 1.15% extra returns
ET Money's Fund Report Card - Nippon India Balanced Advantage Fund
ET Money Rank
3
Out of 16
Performance Quality
Good
Generated returns consistently
3/5
Increased returns for each unit of additional risk
3/5
Downside Protection
Good
Controlled losses during market corrections
3/5
Delivered returns without frequent ups and downs
3/5
-
Monthly SIP
Monthly SIP is not available for this fund
-
Lumpsum
Lumpsum is not available for this fund
₹
Minimum SIP amount is ₹
₹
Minimum Lumpsum amount is ₹
Fresh Investments closed in this fund!
This fund is no longer available to invest
This fund
vs
Show performance of:
Scheme Details
| ET Money Rank | 3 Out of 16 |
| VRO Rating | |
| Expense ratio | 0.7% As on Jul 31, 2022 |
| Exit Load |
1.0%
|
| AUM (Fund Size) | ₹ 6,519 Crs |
| Lock-in | No Lockin |
| Age | 9 yrs 8 m Since Jan 01, 2013 |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Min. Investment |
SIP ₹ 500 & Lumpsum ₹ 5000 |
About Nippon India Balanced Advantage Fund
Nippon India Balanced Advantage Fund Direct-Growth is a Dynamic Asset Allocation mutual fund scheme from
Nippon India Mutual Fund
. This fund has been in existence for 9 yrs 8 m, having been launched on 01/01/2013. Nippon India Balanced Advantage Fund Direct-Growth has ₹6,519 Crores worth of assets under management (AUM) as on 30/06/2022 and is medium-sized fund of its category. The fund has an expense ratio of 0.7%, which is higher than what most other
Dynamic Asset Allocation
funds charge. Currently, the fund has a 48.33% allocation to equity and 26.70% to Debt.
.....
- Nippon India Balanced Advantage Fund Direct-Growth returns of last 1-year are 5.91%. Since launch, it has delivered 12.17% average annual returns. The fund has doubled the money invested in it every 6 yrs.
- Nippon India Balanced Advantage Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
- The fund's equity portion is primarily invested in Financial, Technology, Energy, Consumer Staples, Healthcare sectors. It has taken less exposure in Financial, Technology sectors compared to other funds in the category.
- The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
- The fund's top 5 holdings are in ICICI Bank Ltd., GOI, HDFC Bank Ltd., Infosys Ltd., State Bank of India.
Find your investor personality!
Answer a few simple questions and understand why you take the financial decisions you do.
Investment Returns Calculator
Total investment
Invested
Profit
Current value of investment
| Total value | Profit |
|
|
|---|---|---|---|
|
This fund
|
|||
|
Category Average
|
|||
|
Bank FD
|
|||
|
Gold
|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Latest Asset & Portfolio Allocation
as on Aug 31, 2022
Top Stock Holdings
Allocation by Market Cap
Large Cap 38.9%
Mid Cap 5.74%
Small Cap 3.69%
Other Cap 0%
Allocation by Sector
Financial 20.97%
Technology 6.93%
Energy 6.74%
Consumer Staples 6.47%
Top Debt Holdings
GOI 6.89%
LIC Housing Finance Ltd. 1.39%
Reliance Jio Infratel Pvt. Ltd. 1.15%
AU Small Finance Bank Ltd. 0.77%
Allocation by Credit Quality
Cash 18.75%
SOV 12.28%
AAA 7.66%
Cash & Call Money 6.21%
Allocation by Instruments
Cash Margin 18.75%
GOI Securities 6.88%
Debenture 6.3%
Repo 5.37%
Other Holdings
Others 5.37%
Nippon India ETF S&P BSE Sensex Next 50 - Growth 0.27%
Comparison with dynamic asset allocation Funds
as on Sep 12, 2022| Fund name | Annual Return % | Consistency | Value Research Rating |
|---|---|---|---|
| HDFC Balanced Advantage Fund | 13.09% | ||
| Edelweiss Balanced Advantage Fund | 12.43% | ||
| ICICI Prudential Balanced Advantage Fund | 10.86% | ||
| Aditya Birla Sun Life Asset Allocator FoF | 9.92% | ||
| Franklin India Dynamic Asset Allocation FoF | 9.71% | ||
| IDFC Balanced Advantage Fund | 9.61% | ||
| Nippon India Balanced Advantage Fund | 9.53% |
Trailing Returns and Ranks
as on Sep 12, 2022| Period | Trailing returns | Category average | Rank within category |
|---|---|---|---|
| 1 month | 1.32% | 1.62% | 11 / 20 |
| 3 months | 8.96% | 9.58% | 11 / 19 |
| 6 months | 7.61% | 6.26% | 4 / 19 |
| 1 year | 5.91% | 5.68% | 8 / 19 |
| 3 years | 13.96% | 13.78% | 8 / 17 |
| 5 years | 9.53% | 9.5% | 7 / 14 |
Riskometer
Level of Risk in the Scheme
Investors understand that their principal will be at High risk
Nippon India Balanced Advantage Fund
HYBRID DYNAMIC ASSET ALLOCATION
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.
- Std. Dev : 12.79
- Alpha : 1.29
- Beta : 0.66
- Sharpe : 0.8
- Sortino : 0.79
-
Manish Gunwani
Mr. Gunwani is a B.Tech. and PGDM.
Prior to joining Nippon India Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
-
Ashutosh Bhargava
Mr. Bhargava is B.Com & MBA (Finance)
Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.
-
Amar Kalkundrikar
Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.
Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment ??? Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.
-
Sushil Budhia
Mr. Budhia has done CA
Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
Nippon India Mutual Fund
TOTAL AUM:
₹2,81,440 Crs
As on Jun 30, 2022
- Phone: 1800-300-11111
-
Address: NG-1 & 1A, North Block
Manipal Centre,Dickenson Road,
Bangalore, 560042
