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Fund Overview

Fund Size

Fund Size

₹3,567 Cr

Expense Ratio

Expense Ratio

0.60%

ISIN

ISIN

INF0J8L01040

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

29 Oct 2021

About this fund

NJ Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by NJ Mutual Fund. This fund has been in existence for 4 years, 4 months and 14 days, having been launched on 29-Oct-21.
As of 13-Mar-26, it has a Net Asset Value (NAV) of ₹13.65, Assets Under Management (AUM) of 3567.21 Crores, and an expense ratio of 0.6%.
  • NJ Balanced Advantage Fund Direct Growth has given a CAGR return of 7.38% since inception.
  • The fund's asset allocation comprises around 61.19% in equities, 1.79% in debts, and 37.02% in cash & cash equivalents.
  • You can start investing in NJ Balanced Advantage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

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

+3.88%

+6.09% (Cat Avg.)

3 Years

+11.04%

+11.26% (Cat Avg.)

Since Inception

+7.38%

(Cat Avg.)

Portfolio Summaryas of 28th February 2026

Equity2,182.68 Cr61.19%
Debt64.02 Cr1.79%
Others1,320.51 Cr37.02%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset990.31 Cr27.76%
Future on Reliance Industries LtdEquity - Future-307.73 Cr8.63%
Reliance Industries LtdEquity305.82 Cr8.57%
Future on BANK IndexEquity Index - Future-246.01 Cr6.90%
HDFC Bank LtdEquity214.45 Cr6.01%
Clearing Corporation Of India LtdCash - Repurchase Agreement195.52 Cr5.48%
Bajaj Finance LtdEquity194.92 Cr5.46%
Eicher Motors LtdEquity134.57 Cr3.77%
Marico LtdEquity115.37 Cr3.23%
Future on Bajaj Finance LtdEquity - Future-112.22 Cr3.15%
Britannia Industries LtdEquity108.07 Cr3.03%
Bosch LtdEquity105.88 Cr2.97%
Muthoot Finance LtdEquity96.33 Cr2.70%
HDFC Asset Management Co LtdEquity81.77 Cr2.29%
Great Eastern Shipping Co LtdEquity80.19 Cr2.25%
ICICI Bank LtdEquity75.02 Cr2.10%
Kotak Mahindra Bank LtdEquity74.63 Cr2.09%
Nestle India LtdEquity66.67 Cr1.87%
Dr Reddy's Laboratories LtdEquity62.56 Cr1.75%
Pidilite Industries LtdEquity62.2 Cr1.74%
Hero MotoCorp LtdEquity62.1 Cr1.74%
Hindustan Unilever LtdEquity59.13 Cr1.66%
SBI Cards and Payment Services Ltd Ordinary SharesEquity59.1 Cr1.66%
Tech Mahindra LtdEquity57.73 Cr1.62%
Endurance Technologies LtdEquity57.71 Cr1.62%
Dr. Lal PathLabs LtdEquity53.32 Cr1.49%
Mphasis LtdEquity53.17 Cr1.49%
Ajanta Pharma LtdEquity51.72 Cr1.45%
Wipro LtdEquity49.96 Cr1.40%
Page Industries LtdEquity46.97 Cr1.32%
Future on Sammaan Capital LtdEquity - Future-44.24 Cr1.24%
Sammaan Capital LtdEquity44.03 Cr1.23%
Net Receivables / (Payables)Cash38.58 Cr1.08%
Axis Bank LtdEquity38.58 Cr1.08%
02/07/2026 Maturing 364 DTBBond - Gov't/Treasury34.38 Cr0.96%
UTI Asset Management Co LtdEquity31.54 Cr0.88%
Future on Vodafone Idea LtdEquity - Future-30.72 Cr0.86%
Vodafone Idea LtdEquity30.58 Cr0.86%
Future on Jio Financial Services LtdEquity - Future-30.05 Cr0.84%
Jio Financial Services LtdEquity29.89 Cr0.84%
Aptus Value Housing Finance India LtdEquity29.79 Cr0.84%
8.33% Govt.Stock 2026Bond - Gov't/Treasury25.24 Cr0.71%
7.27% Gs 2026Bond - Gov't/Treasury25.04 Cr0.70%
Oil & Natural Gas Corp LtdEquity23.84 Cr0.67%
Bajaj Auto LtdEquity23.45 Cr0.66%
Future on Aditya Birla Capital LtdEquity - Future-23.33 Cr0.65%
Aditya Birla Capital LtdEquity23.28 Cr0.65%
Dabur India LtdEquity22.77 Cr0.64%
Sun Pharmaceuticals Industries LtdEquity22.23 Cr0.62%
Asian Paints LtdEquity21.81 Cr0.61%
Tata Consultancy Services LtdEquity21.81 Cr0.61%
Power Grid Corp Of India LtdEquity21.75 Cr0.61%
HCL Technologies LtdEquity20.46 Cr0.57%
Crompton Greaves Consumer Electricals LtdEquity20.39 Cr0.57%
Gujarat State Petronet LtdEquity20.09 Cr0.56%
Bayer CropScience LtdEquity19.81 Cr0.56%
Cipla LtdEquity19.36 Cr0.54%
Castrol India LtdEquity19.1 Cr0.54%
Infosys LtdEquity18.66 Cr0.52%
Berger Paints India LtdEquity18.07 Cr0.51%
Tata Technologies LtdEquity17.84 Cr0.50%
Tata Elxsi LtdEquity17.63 Cr0.49%
L&T Technology Services LtdEquity17.42 Cr0.49%
16/04/2026 Maturing 182 DTBBond - Gov't/Treasury17.39 Cr0.49%
Kajaria Ceramics LtdEquity16.74 Cr0.47%
ITC LtdEquity16.5 Cr0.46%
Trent LtdEquity16.42 Cr0.46%
Procter & Gamble Hygiene and Health Care LtdEquity16.37 Cr0.46%
Future on DLF LtdEquity - Future-15.85 Cr0.44%
DLF LtdEquity15.79 Cr0.44%
Eternal LtdEquity13.98 Cr0.39%
TbillBond - Gov't/Treasury13.89 Cr0.39%
Future on Tata Steel LtdEquity - Future-13.8 Cr0.39%
Tata Steel LtdEquity13.66 Cr0.38%
CRISIL LtdEquity13.2 Cr0.37%
Future on Bharti Airtel LtdEquity - Future-13.05 Cr0.37%
Bharti Airtel LtdEquity12.94 Cr0.36%
Titan Co LtdEquity12.72 Cr0.36%
12/03/2026 Maturing 91 DTBBond - Gov't/Treasury12.48 Cr0.35%
Future on Mahindra & Mahindra LtdEquity - Future-12.26 Cr0.34%
Mahindra & Mahindra LtdEquity12.16 Cr0.34%
Titan Company Limited March 2026 FutureEquity - Future-12 Cr0.34%
Trent Limited March 2026 FutureEquity - Future-10.62 Cr0.30%
08/05/2026 Maturing 182 DTBBond - Gov't/Treasury9.9 Cr0.28%
Abbott India LtdEquity9.03 Cr0.25%
Future on Ambuja Cements LtdEquity - Future-8.8 Cr0.25%
Ambuja Cements LtdEquity8.77 Cr0.25%
Eternal Limited March 2026 FutureEquity - Future-7.85 Cr0.22%
02/04/2026 Maturing 364 DTBBond - Gov't/Treasury7.47 Cr0.21%
TbillBond - Gov't/Treasury7.44 Cr0.21%
Future on Eicher Motors LtdEquity - Future-7.33 Cr0.21%
Future on Bank of BarodaEquity - Future-6.9 Cr0.19%
Bank of BarodaEquity6.87 Cr0.19%
Yes Bank LtdEquity6.32 Cr0.18%
Eternal Limited April 2026 FutureEquity - Future-5.92 Cr0.17%
Future on Britannia Industries LtdEquity - Future-5.89 Cr0.17%
SBI Life Future Mar 26Equity - Future-5.75 Cr0.16%
SBI Life Insurance Co LtdEquity5.73 Cr0.16%
Trent Limited April 2026 FutureEquity - Future-5.33 Cr0.15%
Future on Muthoot Finance LtdEquity - Future-5.18 Cr0.15%
Future on Bajaj Finserv LtdEquity - Future-4.66 Cr0.13%
Bajaj Finserv LtdEquity4.63 Cr0.13%
Future on Petronet LNG LtdEquity - Future-4.31 Cr0.12%
Petronet LNG LtdEquity4.3 Cr0.12%
State Bank of IndiaEquity4.24 Cr0.12%
Bandhan Bank LtdEquity4.06 Cr0.11%
State Bank of India Future Apr 26Equity - Future-3.83 Cr0.11%
Indus Towers Limited March 2026 FutureEquity - Future-3.81 Cr0.11%
Indus Towers Ltd Ordinary SharesEquity3.79 Cr0.11%
Future on Varun Beverages LtdEquity - Future-3.52 Cr0.10%
Varun Beverages LtdEquity3.5 Cr0.10%
Future on Tata Consultancy Services LtdEquity - Future-3.2 Cr0.09%
Punjab National Bank Future Mar 26Equity - Future-3.12 Cr0.09%
Punjab National BankEquity3.11 Cr0.09%
Future on UnileverEquity - Future-3.1 Cr0.09%
SKF India (Industrial) LtdEquity2.8 Cr0.08%
UPL Future Apr 26Equity - Future-2.53 Cr0.07%
UPL LtdEquity2.5 Cr0.07%
07/05/2026 Maturing 91 DTBBond - Gov't/Treasury2.48 Cr0.07%
09/07/2026 Maturing 364 DTBBond - Gov't/Treasury2.45 Cr0.07%
Future on Crompton Greaves Consumer Electricals LtdEquity - Future-2.33 Cr0.07%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-2.33 Cr0.07%
Adani Ports & Special Economic Zone LtdEquity2.31 Cr0.06%
Future on Godrej Properties LtdEquity - Future-2.3 Cr0.06%
Godrej Properties LtdEquity2.28 Cr0.06%
India (Republic of)Bond - Short-term Government Bills1.95 Cr0.05%
SKF India LtdEquity1.9 Cr0.05%
Future on Pidilite Industries LtdEquity - Future-1.72 Cr0.05%
Future on Mphasis LtdEquity - Future-1.65 Cr0.05%
Future on Hindustan Aeronautics Ltd Ordinary SharesEquity - Future-1.49 Cr0.04%
Hindustan Aeronautics Ltd Ordinary SharesEquity1.47 Cr0.04%
Bank of IndiaEquity1.46 Cr0.04%
Future on Shriram Finance LtdEquity - Future-1.35 Cr0.04%
Shriram Finance LtdEquity1.34 Cr0.04%
Future on Dabur India LtdEquity - Future-1.24 Cr0.03%
Future on Asian Paints LtdEquity - Future-1.19 Cr0.03%
Future on Samvardhana Motherson International LtdEquity - Future-1.15 Cr0.03%
Samvardhana Motherson International LtdEquity1.15 Cr0.03%
RBL Bank LtdEquity0.91 Cr0.03%
Future on Tata Power Co LtdEquity - Future-0.88 Cr0.02%
Tata Power Co LtdEquity0.88 Cr0.02%
Future on Exide Industries LtdEquity - Future-0.85 Cr0.02%
Exide Industries LtdEquity0.84 Cr0.02%
Future on Multi Commodity Exchange of India LtdEquity - Future-0.77 Cr0.02%
Titan Company Limited April 2026 FutureEquity - Future-0.76 Cr0.02%
Multi Commodity Exchange of India LtdEquity0.76 Cr0.02%
Cipla Limited March 2026 FutureEquity - Future-0.76 Cr0.02%
Future on United Spirits LtdEquity - Future-0.72 Cr0.02%
United Spirits LtdEquity0.72 Cr0.02%
Future on GAIL (India) LtdEquity - Future-0.64 Cr0.02%
GAIL (India) LtdEquity0.64 Cr0.02%
Future on Trent LtdEquity - Future-0.59 Cr0.02%
Future on ITCEquity - Future-0.56 Cr0.02%
State Bank of India Future Mar 26Equity - Future-0.45 Cr0.01%
Future on Larsen & Toubro LtdEquity - Future-0.38 Cr0.01%
Larsen & Toubro LtdEquity0.37 Cr0.01%
The Indian Hotels Company Limited March 2026 FutureEquity - Future-0.34 Cr0.01%
Indian Hotels Co LtdEquity0.33 Cr0.01%
Cipla Limited April 2026 FutureEquity - Future-0.31 Cr0.01%
Eternal Limited May 2026 FutureEquity - Future-0.3 Cr0.01%
Future on Solar Industries India LtdEquity - Future-0.27 Cr0.01%
Solar Industries India LtdEquity0.27 Cr0.01%
Infosys Future Mar 26Equity - Future-0.26 Cr0.01%
Future on Maruti Suzuki India LtdEquity - Future-0.23 Cr0.01%
Maruti Suzuki India LtdEquity0.22 Cr0.01%
Future on BSEL Algo Ltd Ordinary SharesEquity - Future-0.2 Cr0.01%
BSE LtdEquity0.2 Cr0.01%
Cenergy Holdings SA Future Mar 26Equity - Future-0.19 Cr0.01%
Future on UltraTech Cement LtdEquity - Future-0.19 Cr0.01%
UltraTech Cement LtdEquity0.19 Cr0.01%
Future on Laurus Labs LtdEquity - Future-0.18 Cr0.01%
Laurus Labs LtdEquity0.18 Cr0.01%
Future on HDFC Asset Management Co LtdEquity - Future-0.16 Cr0.00%
Future on Bharat Heavy Electricals LtdEquity - Future-0.14 Cr0.00%
Bharat Heavy Electricals LtdEquity0.14 Cr0.00%
Adani Energy Solutions LtdEquity0.14 Cr0.00%
NTPC Future Apr 26Equity - Future-0.12 Cr0.00%
NTPC LtdEquity0.11 Cr0.00%
Future on LIC Housing Finance LtdEquity - Future-0.11 Cr0.00%
LIC Housing Finance LtdEquity0.11 Cr0.00%
Future on Inox Wind LtdEquity - Future-0.1 Cr0.00%
Inox Wind LtdEquity0.1 Cr0.00%
HDFC Life Future Apr 26Equity - Future-0.08 Cr0.00%
HDFC Life Insurance Co LtdEquity0.08 Cr0.00%
Future on GMR Airports LtdEquity - Future-0.07 Cr0.00%
GMR Airports LtdEquity0.07 Cr0.00%
Adani Green Energy LtdEquity0.06 Cr0.00%
Future on Coforge LtdEquity - Future-0.05 Cr0.00%
Coforge LtdEquity0.04 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

46.47%

Mid Cap Stocks

12.35%

Small Cap Stocks

10.79%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services1,046.34 Cr29.33%
Consumer Cyclical508.9 Cr14.27%
Consumer Defensive409.11 Cr11.47%
Energy353.07 Cr9.90%
Technology274.73 Cr7.70%
Healthcare218.4 Cr6.12%
Basic Materials147.3 Cr4.13%
Industrials106.09 Cr2.97%
Communication Services47.31 Cr1.33%
Utilities43.67 Cr1.22%
Real Estate18.08 Cr0.51%

Risk & Performance Ratios

Standard Deviation

This fund

8.31%

Cat. avg.

7.64%

Lower the better

Sharpe Ratio

This fund

0.72

Cat. avg.

0.82

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.38

Higher the better

Fund Managers

VS

Viral Shah

Since October 2022

DP

Dhaval Patel

Since March 2023

Additional Scheme Detailsas of 28th February 2026

ISIN
INF0J8L01040
Expense Ratio
0.60%
Exit Load
1.00%
Fund Size
₹3,567 Cr
Age
4 years 4 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
NIFTY 50 Arbitrage TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Unifi Dynamic Asset Allocation Fund Regular Growth

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Canara Robeco Balanced Advantage Fund Regular Growth

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Canara Robeco Balanced Advantage Fund Direct Growth

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Helios Balanced Advantage Fund Direct Growth

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Samco Dynamic Asset Allocation Fund Direct Growth

Very High Risk

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Samco Dynamic Asset Allocation Fund Regular Growth

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Bajaj Finserv Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹1281.43 Cr6.6%
Bajaj Finserv Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹1281.43 Cr5.0%
HSBC Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹1534.95 Cr6.1%
HDFC Balanced Advantage Fund Direct Growth

Very High Risk

0.8%1.0%₹107589.67 Cr6.2%
HDFC Balanced Advantage Fund Regular Growth

Very High Risk

1.4%1.0%₹107589.67 Cr5.6%
Edelweiss Balanced Advantage Fund Regular Growth

Very High Risk

1.7%1.0%₹13176.44 Cr6.3%
Sundaram Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹1694.61 Cr5.0%
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%0.0%₹9103.69 Cr9.2%
Nippon India Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹9687.94 Cr7.7%
Invesco India Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%0.0%₹1066.45 Cr3.2%
Tata Balanced Advantage Fund Regular Growth

Very High Risk

1.7%0.0%₹9604.33 Cr4.5%
Tata Balanced Advantage Fund Direct Growth

Very High Risk

0.5%0.0%₹9604.33 Cr5.8%
DSP Dynamic Asset Allocation Fund Regular Growth

Moderately High risk

1.9%1.0%₹3731.96 Cr6.6%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.7%1.0%₹3731.96 Cr7.9%
HSBC Balanced Advantage Fund Regular Growth

Moderately High risk

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LIC MF Balanced Advantage Fund Regular Growth

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2.4%1.0%₹709.59 Cr2.7%
LIC MF Balanced Advantage Fund Direct Growth

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ICICI Prudential Balanced Advantage Fund Regular Growth

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ITI Balanced Advantage Fund Regular Growth

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ITI Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%0.0%₹379.18 Cr5.1%
Invesco India Balanced Advantage Fund Regular Growth

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Sundaram Balanced Advantage Fund Regular Growth

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Union Balanced Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1304.78 Cr4.4%
Union Balanced Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1304.78 Cr5.6%
Edelweiss Balanced Advantage Fund Direct Growth

Very High Risk

0.5%1.0%₹13176.44 Cr7.5%
Bank of India Balanced Advantage Fund Regular Growth

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2.3%1.0%₹147.86 Cr10.9%
Bank of India Balanced Advantage Fund Direct Growth

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1.1%1.0%₹147.86 Cr12.2%
Kotak Balanced Advantage Fund Regular Growth

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Kotak Balanced Advantage Fund Direct Growth

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Axis Balanced Advantage Fund Regular Growth

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Axis Balanced Advantage Fund Direct Growth

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ICICI Prudential Balanced Advantage Fund Direct Growth

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Baroda BNP Paribas Balanced Advantage Fund Direct Growth

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About the AMC

NJ Mutual Fund

NJ Mutual Fund

Total AUM

₹7,007 Cr

Address

Unit No. 101A, 1st Floor, Mumbai, 400051

Other Funds by NJ Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
NJ Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2493.83 Cr2.7%
NJ Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹409.20 Cr5.5%
NJ Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹269.01 Cr6.3%
NJ Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹3567.21 Cr3.9%
NJ ELSS Tax Saver Scheme Direct Growth

Very High Risk

0.7%0.0%₹314.31 Cr3.5%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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What is the current NAV of NJ Balanced Advantage Fund Direct Growth?

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The NAV of NJ Balanced Advantage Fund Direct Growth, as of 13-Mar-2026, is ₹13.65.
The fund has generated 3.88% over the last 1 year and 11.04% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 61.19% in equities, 1.79% in bonds, and 37.02% in cash and cash equivalents.
The fund managers responsible for NJ Balanced Advantage Fund Direct Growth are:-
  1. Viral Shah
  2. Dhaval Patel
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