Nippon India Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (25-Jul-24)
₹189.48-0.02%1D
Returns (Since Inception)
13.24%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹8,286 Cr
Expense Ratio
0.56%
ISIN
INF204K01G94
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
Nippon India Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹189.48, Assets Under Management (AUM) of 8285.66 Crores, and an expense ratio of 0.56%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹189.48, Assets Under Management (AUM) of 8285.66 Crores, and an expense ratio of 0.56%.
- Nippon India Balanced Advantage Fund Direct Growth has given a CAGR return of 13.24% since inception.
- The fund's asset allocation comprises around 57.65% in equities, 23.47% in debts, and 18.88% in cash & cash equivalents.
- You can start investing in Nippon India Balanced Advantage Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+26.15%
+23.53% (Cat Avg.)
3 Years
+14.31%
+12.79% (Cat Avg.)
5 Years
+14.91%
+13.60% (Cat Avg.)
10 Years
+12.42%
+10.44% (Cat Avg.)
Since Inception
+13.24%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹4,776.73 Cr | 57.65% |
| Debt | ₹1,944.75 Cr | 23.47% |
| Others | ₹1,564.18 Cr | 18.88% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹1,205.99 Cr | 14.56% |
| ICICI Bank Ltd | Equity | ₹535.67 Cr | 6.47% |
| HDFC Bank Ltd | Equity | ₹485.74 Cr | 5.86% |
| Infosys Ltd | Equity | ₹313.03 Cr | 3.78% |
| Reliance Industries Ltd | Equity | ₹283.88 Cr | 3.43% |
| Bharti Airtel Ltd | Equity | ₹268.95 Cr | 3.25% |
| NTPC Ltd | Equity | ₹239.09 Cr | 2.89% |
| Axis Bank Ltd | Equity | ₹234.63 Cr | 2.83% |
| Larsen & Toubro Ltd | Equity | ₹171.21 Cr | 2.07% |
| ITC Ltd | Equity | ₹166.23 Cr | 2.01% |
| Godrej Consumer Products Ltd | Equity | ₹151.07 Cr | 1.82% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹137.57 Cr | 1.66% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-132.19 Cr | 1.60% |
| Avenue Supermarts Ltd | Equity | ₹129.06 Cr | 1.56% |
| State Bank of India | Equity | ₹128.87 Cr | 1.56% |
| Net Current Assets | Cash | ₹124.33 Cr | 1.50% |
| Jubilant Foodworks Ltd | Equity | ₹118.85 Cr | 1.43% |
| Tata Consultancy Services Ltd | Equity | ₹117.5 Cr | 1.42% |
| Hdfc Bank Limited_25/07/2024 | Equity - Future | ₹-116.69 Cr | 1.41% |
| Hindustan Unilever Ltd | Equity | ₹111.29 Cr | 1.34% |
| Power Finance Corp Ltd | Equity | ₹108.54 Cr | 1.31% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹101.23 Cr | 1.22% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹100.16 Cr | 1.21% |
| 182 DTB 29082024 | Bond - Gov't/Treasury | ₹98.92 Cr | 1.19% |
| Samvardhana Motherson International Ltd | Equity | ₹97.06 Cr | 1.17% |
| Mahindra & Mahindra Ltd | Equity | ₹91.17 Cr | 1.10% |
| Cube Highways Trust | Equity | ₹81.47 Cr | 0.98% |
| Eicher Motors Ltd | Equity | ₹77.1 Cr | 0.93% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹75.97 Cr | 0.92% |
| Coal India Ltd | Equity | ₹74.95 Cr | 0.90% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹74.45 Cr | 0.90% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹74.38 Cr | 0.90% |
| Havells India Ltd | Equity | ₹73.81 Cr | 0.89% |
| Bajaj Finance Ltd | Equity | ₹73.45 Cr | 0.89% |
| Infosys Limited_25/07/2024 | Equity - Future | ₹-73.11 Cr | 0.88% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹70.57 Cr | 0.85% |
| Cash Margin - Derivatives | Cash - Collateral | ₹70 Cr | 0.84% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-69.73 Cr | 0.84% |
| National Highways Infra Trust Units | Equity | ₹68.31 Cr | 0.82% |
| United Breweries Ltd | Equity | ₹68.18 Cr | 0.82% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-66.16 Cr | 0.80% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹59.91 Cr | 0.72% |
| SBI Life Insurance Company Limited | Equity | ₹59.91 Cr | 0.72% |
| Triparty Repo | Cash - Repurchase Agreement | ₹59.55 Cr | 0.72% |
| Future on NTPC Ltd | Equity - Future | ₹-58.81 Cr | 0.71% |
| Page Industries Ltd | Equity | ₹58.32 Cr | 0.70% |
| Future on Axis Bank Ltd | Equity - Future | ₹-57.65 Cr | 0.70% |
| DLF Cyber City Developers Limited 8.4% | Bond - Corporate Bond | ₹55.05 Cr | 0.66% |
| Tech Mahindra Ltd | Equity | ₹53.64 Cr | 0.65% |
| CG Power & Industrial Solutions Ltd | Equity | ₹52.85 Cr | 0.64% |
| Brookfield India Real Estate Trust | Bond - Asset Backed | ₹52.48 Cr | 0.63% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹52.2 Cr | 0.63% |
| United Spirits Ltd | Equity | ₹51.54 Cr | 0.62% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹50.7 Cr | 0.61% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹50.3 Cr | 0.61% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹50.15 Cr | 0.61% |
| Bharat Forge Ltd | Equity | ₹50.11 Cr | 0.60% |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | ₹50.01 Cr | 0.60% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹49.95 Cr | 0.60% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹49.93 Cr | 0.60% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹49.78 Cr | 0.60% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.76 Cr | 0.60% |
| Mindspace Business Parks Reit | Bond - Asset Backed | ₹49.75 Cr | 0.60% |
| 3M India Ltd | Equity | ₹49.25 Cr | 0.59% |
| HDFC Life Insurance Company Limited | Equity | ₹48.79 Cr | 0.59% |
| Bharat Highways InvIT Unit | Equity | ₹48.71 Cr | 0.59% |
| Ipca Laboratories Ltd | Equity | ₹46.63 Cr | 0.56% |
| Zomato Ltd | Equity | ₹45.13 Cr | 0.54% |
| JSW Steel Limited | Bond - Corporate Bond | ₹44.98 Cr | 0.54% |
| Bharat Electronics Ltd | Equity | ₹44.47 Cr | 0.54% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹44.41 Cr | 0.54% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹44.3 Cr | 0.53% |
| PB Fintech Ltd | Equity | ₹44.01 Cr | 0.53% |
| ABB India Ltd | Equity | ₹42.45 Cr | 0.51% |
| Dixon Technologies (India) Ltd | Equity | ₹42.33 Cr | 0.51% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-42.02 Cr | 0.51% |
| Jindal Steel & Power Ltd | Equity | ₹41.78 Cr | 0.50% |
| Endurance Technologies Ltd | Equity | ₹41.21 Cr | 0.50% |
| Future on ITC Ltd | Equity - Future | ₹-40.87 Cr | 0.49% |
| Lupin Ltd | Equity | ₹39.87 Cr | 0.48% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹39.87 Cr | 0.48% |
| Gland Pharma Ltd | Equity | ₹38.18 Cr | 0.46% |
| JK Lakshmi Cement Ltd | Equity | ₹37.15 Cr | 0.45% |
| Future on Godrej Consumer Products Ltd | Equity - Future | ₹-37.01 Cr | 0.45% |
| Muthoot Finance Ltd | Equity | ₹35.92 Cr | 0.43% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹35.3 Cr | 0.43% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹34.97 Cr | 0.42% |
| Max Financial Services Ltd | Equity | ₹34.01 Cr | 0.41% |
| Shriram Finance Ltd | Equity | ₹33.53 Cr | 0.40% |
| Bajaj Auto Ltd | Equity | ₹33.26 Cr | 0.40% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹32.86 Cr | 0.40% |
| Future on State Bank of India | Equity - Future | ₹-31.67 Cr | 0.38% |
| Zydus Wellness Ltd | Equity | ₹31.21 Cr | 0.38% |
| CESC Ltd | Equity | ₹30.89 Cr | 0.37% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹30.76 Cr | 0.37% |
| Affle India Ltd | Equity | ₹30.7 Cr | 0.37% |
| Westlife Foodworld Ltd | Equity | ₹30.57 Cr | 0.37% |
| SBI General Insurance Company Limited | Bond - Corporate Bond | ₹30.41 Cr | 0.37% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹30.18 Cr | 0.36% |
| Bharat Heavy Electricals Ltd | Equity | ₹30.09 Cr | 0.36% |
| Infopark Properties Ltd. 8.6% | Bond - Corporate Bond | ₹30.04 Cr | 0.36% |
| Future on Jubilant Foodworks Ltd | Equity - Future | ₹-29.14 Cr | 0.35% |
| Voltas Ltd | Equity | ₹28.71 Cr | 0.35% |
| Nippon India ETF S&P BSE Sensex Next 50 | Mutual Fund - ETF | ₹28.67 Cr | 0.35% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-27.3 Cr | 0.33% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹27.05 Cr | 0.33% |
| LTIMindtree Ltd | Equity | ₹26.93 Cr | 0.32% |
| VAJRA 007 TRUST | Bond - Asset Backed | ₹26.67 Cr | 0.32% |
| Power Finance Corporation Limited_25/07/2024 | Equity - Future | ₹-26.63 Cr | 0.32% |
| Berger Paints India Ltd | Equity | ₹25.21 Cr | 0.30% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹25.13 Cr | 0.30% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹25.09 Cr | 0.30% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹25.06 Cr | 0.30% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.03 Cr | 0.30% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹24.9 Cr | 0.30% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹24.78 Cr | 0.30% |
| Union Bank Of India | Bond - Corporate Bond | ₹24.77 Cr | 0.30% |
| KEC International Ltd | Equity | ₹24.72 Cr | 0.30% |
| Maruti Suzuki India Ltd | Equity | ₹24.07 Cr | 0.29% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹23.69 Cr | 0.29% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-23.63 Cr | 0.29% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-23.06 Cr | 0.28% |
| Ion Exchange (India) Ltd | Equity | ₹22.6 Cr | 0.27% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-22.16 Cr | 0.27% |
| One97 Communications Ltd | Equity | ₹22.1 Cr | 0.27% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹21.82 Cr | 0.26% |
| Torrent Power Limited | Bond - Corporate Bond | ₹20.61 Cr | 0.25% |
| Emami Ltd | Equity | ₹20.23 Cr | 0.24% |
| Muthoot Finance Ltd. 9.09% | Bond - Corporate Bond | ₹20.07 Cr | 0.24% |
| State Bank Of India | Bond - Corporate Bond | ₹19.36 Cr | 0.23% |
| Angel One Ltd Ordinary Shares | Equity | ₹19.24 Cr | 0.23% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-18.9 Cr | 0.23% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹18.56 Cr | 0.22% |
| Future on Coal India Ltd | Equity - Future | ₹-18.4 Cr | 0.22% |
| Future on ICICI Lombard General Insurance Co Ltd | Equity - Future | ₹-18.2 Cr | 0.22% |
| Future on Havells India Ltd | Equity - Future | ₹-18.11 Cr | 0.22% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-18 Cr | 0.22% |
| Future on United Breweries Ltd | Equity - Future | ₹-16.58 Cr | 0.20% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹14.67 Cr | 0.18% |
| Future on SBI Life Insurance Company Limited | Equity - Future | ₹-14.66 Cr | 0.18% |
| Future on Page Industries Ltd | Equity - Future | ₹-14.24 Cr | 0.17% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-14.24 Cr | 0.17% |
| 7.29% Govt Stock 2033 | Bond - Gov't/Treasury | ₹13.8 Cr | 0.17% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-13.13 Cr | 0.16% |
| Future on United Spirits Ltd | Equity - Future | ₹-12.55 Cr | 0.15% |
| SANSAR TRUST DEC 2022 | Bond - Asset Backed | ₹12.35 Cr | 0.15% |
| Future on Bharat Forge Ltd | Equity - Future | ₹-12.21 Cr | 0.15% |
| Future on Ipca Laboratories Ltd | Equity - Future | ₹-11.32 Cr | 0.14% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-10.81 Cr | 0.13% |
| Piramal Capital & Housing Finance Limited | Bond - Corporate Bond | ₹10.65 Cr | 0.13% |
| Future on ABB India Ltd | Equity - Future | ₹-10.34 Cr | 0.12% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-10.25 Cr | 0.12% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-10.24 Cr | 0.12% |
| Future on HDFC Life Insurance Company Limited | Equity - Future | ₹-10.13 Cr | 0.12% |
| Torrent Power Limited | Bond - Corporate Bond | ₹10 Cr | 0.12% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.12% |
| Bajaj Housing Finance Ltd. 7.78% | Bond - Corporate Bond | ₹9.96 Cr | 0.12% |
| Future on Lupin Ltd | Equity - Future | ₹-9.7 Cr | 0.12% |
| Future on Muthoot Finance Ltd | Equity - Future | ₹-8.74 Cr | 0.11% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹8.62 Cr | 0.10% |
| Future on Max Financial Services Ltd | Equity - Future | ₹-8.29 Cr | 0.10% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-8.14 Cr | 0.10% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-8.11 Cr | 0.10% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-7.31 Cr | 0.09% |
| Future on Voltas Ltd | Equity - Future | ₹-6.94 Cr | 0.08% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-6.5 Cr | 0.08% |
| Future on Berger Paints India Ltd | Equity - Future | ₹-6.1 Cr | 0.07% |
| LIQUID GOLD SERIES 7 | Bond - Asset Backed | ₹5.18 Cr | 0.06% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹5.12 Cr | 0.06% |
| Aadhar Housing Finance Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.06% |
| Poonawalla Fincorp Limited | Bond - Corporate Bond | ₹5 Cr | 0.06% |
| National Bank for Agriculture and Rural Development 7.62% | Bond - Gov't Agency Debt | ₹4.99 Cr | 0.06% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹4.96 Cr | 0.06% |
| 07.03 Tn SDL 2030 | Bond - Gov't/Treasury | ₹4.93 Cr | 0.06% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-4.44 Cr | 0.05% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹4.05 Cr | 0.05% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹4 Cr | 0.05% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹2.01 Cr | 0.02% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹2.01 Cr | 0.02% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-1.59 Cr | 0.02% |
| IDFC First Bank Limited | Bond - Corporate Bond | ₹1 Cr | 0.01% |
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹1 Cr | 0.01% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.28 Cr | 0.00% |
| 8.3% Govt Stock 2042 | Bond - Gov't/Treasury | ₹0.21 Cr | 0.00% |
| 7.84 RJ Sdl 2041 | Bond - Gov't/Treasury | ₹0.05 Cr | 0.00% |
| 07.04 Tn SDL 2030 | Bond - Gov't/Treasury | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
45.23%
Mid Cap Stocks
9.88%
Small Cap Stocks
3.25%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹2,060.83 Cr | 24.87% |
| Consumer Defensive | ₹728.8 Cr | 8.80% |
| Consumer Cyclical | ₹666.84 Cr | 8.05% |
| Industrials | ₹645.32 Cr | 7.79% |
| Technology | ₹575.52 Cr | 6.95% |
| Communication Services | ₹370.22 Cr | 4.47% |
| Energy | ₹358.83 Cr | 4.33% |
| Utilities | ₹269.98 Cr | 3.26% |
| Healthcare | ₹173.69 Cr | 2.10% |
| Basic Materials | ₹104.14 Cr | 1.26% |
Risk & Performance Ratios
Standard Deviation
This fund
6.36%
Cat. avg.
7.32%
Lower the better
Sharpe Ratio
This fund
1.28
Cat. avg.
0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.62
Higher the better
Fund Managers
Ashutosh Bhargava
Since May 2018
KD
Kinjal Desai
Since May 2018
AK
Amar Kalkundrikar
Since October 2020
SB
Sushil Budhia
Since March 2021
Additional Scheme Detailsas of 30th June 2024
ISIN | INF204K01G94 | Expense Ratio | 0.56% | Exit Load | 1.00% | Fund Size | ₹8,286 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1226.73 Cr | 25.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1226.73 Cr | 27.4% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1196.62 Cr | 57.3% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1196.62 Cr | 54.9% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹2264.44 Cr | 20.0% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 1.9% | 1.0% | ₹2264.44 Cr | 18.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹738.59 Cr | 26.1% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹738.59 Cr | 28.3% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1655.04 Cr | 21.5% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1655.04 Cr | 19.8% |
About the AMC
Total AUM
₹4,96,196 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Nippon India Balanced Advantage Fund Direct Growth?
The NAV of Nippon India Balanced Advantage Fund Direct Growth, as of 25-Jul-2024, is ₹189.48.
What are the returns of Nippon India Balanced Advantage Fund Direct Growth?
The fund has generated 26.15% over the last 1 year and 14.31% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Nippon India Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 57.65% in equities, 23.47% in bonds, and 18.88% in cash and cash equivalents.
Who manages the Nippon India Balanced Advantage Fund Direct Growth?
The fund managers responsible for Nippon India Balanced Advantage Fund Direct Growth are:-
- Ashutosh Bhargava
- Kinjal Desai
- Amar Kalkundrikar
- Sushil Budhia
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.