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Fund Overview

Fund Size

Fund Size

₹4,020 Cr

Expense Ratio

Expense Ratio

0.63%

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 3 years, 1 months and 8 days, having been launched on 29-Oct-21.
As of 06-Dec-24, it has a Net Asset Value (NAV) of ₹14.21, Assets Under Management (AUM) of 4020.03 Crores, and an expense ratio of 0.63%.
  • NJ Balanced Advantage Fund Direct Growth has given a CAGR return of 11.98% since inception.
  • The fund's asset allocation comprises around 53.38% in equities, 2.43% in debts, and 44.19% 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

+17.05%

+18.58% (Cat Avg.)

3 Years

+12.96%

+12.81% (Cat Avg.)

Since Inception

+11.98%

(Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity2,145.76 Cr53.38%
Debt97.67 Cr2.43%
Others1,776.59 Cr44.19%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset764.36 Cr19.01%
Future on Reliance Industries LtdEquity - Future-311.62 Cr7.75%
Reliance Industries LtdEquity309.97 Cr7.71%
Clearing Corporation Of India LtdCash - Repurchase Agreement278.01 Cr6.92%
HCL Technologies LtdEquity135.44 Cr3.37%
Ajanta Pharma LtdEquity131.21 Cr3.26%
Alkem Laboratories LtdEquity130.87 Cr3.26%
Coal India LtdEquity123.9 Cr3.08%
HDFC Asset Management Co LtdEquity114.34 Cr2.84%
Bajaj Auto LtdEquity112.64 Cr2.80%
Torrent Pharmaceuticals LtdEquity110.42 Cr2.75%
91 DTB 07112024Bond - Gov't/Treasury108.87 Cr2.71%
Bosch LtdEquity107.67 Cr2.68%
Hero MotoCorp LtdEquity100.66 Cr2.50%
Colgate-Palmolive (India) LtdEquity93.05 Cr2.31%
Future on Bajaj Finance LtdEquity - Future-73.75 Cr1.83%
Bajaj Finance LtdEquity73.29 Cr1.82%
Gillette India LtdEquity63.34 Cr1.58%
Divi's Laboratories LtdEquity58.81 Cr1.46%
UTI Asset Management Co LtdEquity58.6 Cr1.46%
Tech Mahindra LtdEquity57.48 Cr1.43%
Tata Consultancy Services LtdEquity55.5 Cr1.38%
Eicher Motors LtdEquity53.32 Cr1.33%
Petronet LNG LtdEquity52.42 Cr1.30%
Sun Pharmaceuticals Industries LtdEquity52.16 Cr1.30%
Pidilite Industries LtdEquity51.1 Cr1.27%
Hdfc Bank Limited November 2024 FutureEquity - Future-50.56 Cr1.26%
HDFC Bank LtdEquity50.21 Cr1.25%
Infosys LtdEquity49.98 Cr1.24%
364 DTB 0205202407112024Bond - Gov't/Treasury49.95 Cr1.24%
364 DTB 14112024Bond - Gov't/Treasury49.89 Cr1.24%
182 DTB 18112024Bond - Gov't/Treasury49.82 Cr1.24%
364 DTB 28112024Bond - Gov't/Treasury49.76 Cr1.24%
364 DTB 05122024Bond - Gov't/Treasury49.7 Cr1.24%
182 DTB 12122024Bond - Gov't/Treasury49.64 Cr1.23%
182 Day T-Bill 19.12.24Bond - Gov't/Treasury49.58 Cr1.23%
182 DTB 26122024Bond - Gov't/Treasury49.52 Cr1.23%
182 DTB 09012025Bond - Gov't/Treasury49.39 Cr1.23%
Dr. Lal PathLabs LtdEquity49.36 Cr1.23%
364 DTB 02052024Bond - Gov't/Treasury49.27 Cr1.23%
364 Day T-Bill 30.01.25Bond - Gov't/Treasury49.21 Cr1.22%
182 DTB 20022025Bond - Gov't/Treasury49.02 Cr1.22%
India (Republic of)Bond - Short-term Government Bills48.65 Cr1.21%
Britannia Industries LtdEquity48.13 Cr1.20%
Indian Energy Exchange LtdEquity46.24 Cr1.15%
91 DTB 21112024Bond - Gov't/Treasury44.84 Cr1.12%
Havells India LtdEquity44.35 Cr1.10%
Mahanagar Gas LtdEquity40.77 Cr1.01%
Future on Bank of BarodaEquity - Future-36.7 Cr0.91%
Bank of BarodaEquity36.48 Cr0.91%
Net Receivables / (Payables)Cash32.82 Cr0.82%
Future on Larsen & Toubro LtdEquity - Future-23.41 Cr0.58%
Larsen & Toubro LtdEquity23.26 Cr0.58%
Future on State Bank of IndiaEquity - Future-22.49 Cr0.56%
State Bank of IndiaEquity22.33 Cr0.56%
Acc Limited November 2024 FutureEquity - Future-21.03 Cr0.52%
ACC LtdEquity20.88 Cr0.52%
Future on IndusInd Bank LtdEquity - Future-20.36 Cr0.51%
IndusInd Bank LtdEquity20.21 Cr0.50%
Indian Railway Catering And Tourism Corp LtdEquity16.6 Cr0.41%
Future on Adani Enterprises LtdEquity - Future-16.44 Cr0.41%
Adani Enterprises LtdEquity16.36 Cr0.41%
Future on Tata Power Co LtdEquity - Future-15.8 Cr0.39%
Tata Power Co LtdEquity15.68 Cr0.39%
Future on Vodafone Idea LtdEquity - Future-15.52 Cr0.39%
Vodafone Idea LtdEquity15.46 Cr0.38%
ITC LtdEquity13.17 Cr0.33%
Future on Axis Bank LtdEquity - Future-12.2 Cr0.30%
Axis Bank LtdEquity12.1 Cr0.30%
CRISIL LtdEquity10.94 Cr0.27%
Future on Kotak Mahindra Bank LtdEquity - Future-10.46 Cr0.26%
Kotak Mahindra Bank LtdEquity10.39 Cr0.26%
Coforge LtdEquity9.93 Cr0.25%
Page Industries LtdEquity9.42 Cr0.23%
Hindustan Unilever LtdEquity9.33 Cr0.23%
Future on Hindustan Unilever LtdEquity - Future-9.29 Cr0.23%
Abbott India LtdEquity9.28 Cr0.23%
Future on PI Industries LtdEquity - Future-9.26 Cr0.23%
PI Industries LtdEquity9.2 Cr0.23%
Apollo Hospitals Enterprise LtdEquity9.12 Cr0.23%
Procter & Gamble Hygiene and Health Care LtdEquity8.93 Cr0.22%
Cyient LtdEquity8.9 Cr0.22%
Mphasis LtdEquity8.87 Cr0.22%
Oracle Financial Services Software LtdEquity8.85 Cr0.22%
Happiest Minds Technologies Ltd Ordinary SharesEquity8.82 Cr0.22%
Sona BLW Precision Forgings LtdEquity8.71 Cr0.22%
L&T Technology Services LtdEquity8.59 Cr0.21%
Marico LtdEquity8.59 Cr0.21%
Birlasoft LtdEquity8.58 Cr0.21%
Grindwell Norton LtdEquity8.52 Cr0.21%
LTIMindtree LtdEquity8.46 Cr0.21%
Future on Indian Railway Catering And Tourism Corp LtdEquity - Future-8.43 Cr0.21%
Tata Elxsi LtdEquity8.4 Cr0.21%
Asian Paints LtdEquity8.31 Cr0.21%
Dabur India LtdEquity8.1 Cr0.20%
Alkyl Amines Chemicals LtdEquity8.06 Cr0.20%
Berger Paints India LtdEquity8.05 Cr0.20%
Nestle India LtdEquity7.76 Cr0.19%
Kajaria Ceramics LtdEquity7.54 Cr0.19%
Future on Bandhan Bank LtdEquity - Future-7.29 Cr0.18%
Bandhan Bank LtdEquity7.24 Cr0.18%
Future on Granules India LtdEquity - Future-7.01 Cr0.17%
Granules India LtdEquity6.95 Cr0.17%
Future on Tata Motors LtdEquity - Future-6.88 Cr0.17%
Tata Motors LtdEquity6.84 Cr0.17%
Future on Canara BankEquity - Future-6.28 Cr0.16%
Canara BankEquity6.24 Cr0.16%
Future on Steel Authority Of India LtdEquity - Future-5.59 Cr0.14%
Steel Authority Of India LtdEquity5.56 Cr0.14%
Future on Tata Consultancy Services LtdEquity - Future-5.38 Cr0.13%
Future on Tata Steel LtdEquity - Future-5.27 Cr0.13%
Tata Steel LtdEquity5.23 Cr0.13%
Nmdc Limited November 2024 FutureEquity - Future-5.03 Cr0.13%
NMDC LtdEquity4.99 Cr0.12%
Future on Bharat Heavy Electricals LtdEquity - Future-4.79 Cr0.12%
Bharat Heavy Electricals LtdEquity4.77 Cr0.12%
Future on Container Corporation of India LtdEquity - Future-4.75 Cr0.12%
Container Corporation of India LtdEquity4.74 Cr0.12%
Titan Company Limited November 2024 FutureEquity - Future-4.71 Cr0.12%
Titan Co LtdEquity4.69 Cr0.12%
Itc Limited November 2024 FutureEquity - Future-4.4 Cr0.11%
Future on Bharti Airtel LtdEquity - Future-4.32 Cr0.11%
Bharti Airtel LtdEquity4.29 Cr0.11%
Future on Tech Mahindra LtdEquity - Future-3.89 Cr0.10%
Future on United Spirits LtdEquity - Future-3.87 Cr0.10%
United Spirits LtdEquity3.85 Cr0.10%
Future on Bharat Electronics LtdEquity - Future-3.76 Cr0.09%
Bharat Electronics LtdEquity3.74 Cr0.09%
Future on Ambuja Cements LtdEquity - Future-2.84 Cr0.07%
Ambuja Cements LtdEquity2.82 Cr0.07%
Future on Maruti Suzuki India LtdEquity - Future-2.62 Cr0.07%
Maruti Suzuki India LtdEquity2.6 Cr0.06%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-2.49 Cr0.06%
Adani Ports & Special Economic Zone LtdEquity2.48 Cr0.06%
182 DTB 17012025Bond - Gov't/Treasury1.97 Cr0.05%
Power Finance Corporation Limited November 2024 FutureEquity - Future-1.83 Cr0.05%
Power Finance Corp LtdEquity1.83 Cr0.05%
Future on Aarti Industries LtdEquity - Future-1.8 Cr0.04%
Aarti Industries LtdEquity1.79 Cr0.04%
Future on LIC Housing Finance LtdEquity - Future-1.59 Cr0.04%
LIC Housing Finance LtdEquity1.58 Cr0.04%
Future on GAIL (India) LtdEquity - Future-1.11 Cr0.03%
GAIL (India) LtdEquity1.1 Cr0.03%
Future on GMR Airports LtdEquity - Future-1.08 Cr0.03%
GMR Airports LtdEquity1.07 Cr0.03%
Future on Exide Industries LtdEquity - Future-1.07 Cr0.03%
Exide Industries LtdEquity1.07 Cr0.03%
Future on RBL Bank LtdEquity - Future-0.9 Cr0.02%
RBL Bank LtdEquity0.89 Cr0.02%
Future on JSW Steel LtdEquity - Future-0.85 Cr0.02%
JSW Steel LtdEquity0.85 Cr0.02%
The Indian Hotels Company Limited November 2024 FutureEquity - Future-0.68 Cr0.02%
Indian Hotels Co LtdEquity0.68 Cr0.02%
Future on Godrej Properties LtdEquity - Future-0.65 Cr0.02%
Godrej Properties LtdEquity0.65 Cr0.02%
Future on City Union Bank LtdEquity - Future-0.62 Cr0.02%
City Union Bank LtdEquity0.62 Cr0.02%
L&T Finance Limited November 2024 FutureEquity - Future-0.53 Cr0.01%
L&T Finance LtdEquity0.52 Cr0.01%
Future on UPL Ltd 5 % Opt Conv Pref Registered Shs 2016-09.02.18Equity - Future-0.43 Cr0.01%
UPL LtdEquity0.43 Cr0.01%
Cipla Limited November 2024 FutureEquity - Future-0.41 Cr0.01%
Cipla LtdEquity0.4 Cr0.01%
Biocon Limited November 2024 FutureEquity - Future-0.4 Cr0.01%
Biocon LtdEquity0.4 Cr0.01%
Future on Crompton Greaves Consumer Electricals LtdEquity - Future-0.35 Cr0.01%
Crompton Greaves Consumer Electricals LtdEquity0.35 Cr0.01%
Future on Mahindra & Mahindra LtdEquity - Future-0.29 Cr0.01%
Mahindra & Mahindra LtdEquity0.29 Cr0.01%
Future on HDFC Life Insurance Co LtdEquity - Future-0.24 Cr0.01%
HDFC Life Insurance Co LtdEquity0.24 Cr0.01%
REC LtdEquity0.21 Cr0.01%
Rec Limited November 2024 FutureEquity - Future-0.21 Cr0.01%
Future on Jindal Steel & Power LtdEquity - Future-0.17 Cr0.00%
Jindal Steel & Power LtdEquity0.17 Cr0.00%
Future on DLF LtdEquity - Future-0.14 Cr0.00%
DLF LtdEquity0.14 Cr0.00%
Future on Escorts Kubota LtdEquity - Future-0.1 Cr0.00%
Escorts Kubota LtdEquity0.1 Cr0.00%
Abb India Limited November 2024 FutureEquity - Future-0.09 Cr0.00%
ABB India LtdEquity0.09 Cr0.00%
Future on Zydus Lifesciences LtdEquity - Future-0.09 Cr0.00%
Zydus Lifesciences LtdEquity0.09 Cr0.00%
Future on Cholamandalam Investment and Finance Co LtdEquity - Future-0.08 Cr0.00%
Cholamandalam Investment and Finance Co LtdEquity0.08 Cr0.00%
Future on Pidilite Industries LtdEquity - Future-0.08 Cr0.00%
Future on Bharat Forge LtdEquity - Future-0.07 Cr0.00%
Bharat Forge LtdEquity0.07 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

31.37%

Mid Cap Stocks

16.56%

Small Cap Stocks

7.69%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Healthcare559.07 Cr13.91%
Energy502.65 Cr12.50%
Financial Services474.59 Cr11.81%
Consumer Cyclical408.99 Cr10.17%
Technology368.88 Cr9.18%
Consumer Defensive264.26 Cr6.57%
Basic Materials127.45 Cr3.17%
Industrials126.16 Cr3.14%
Utilities57.55 Cr1.43%
Communication Services19.75 Cr0.49%
Real Estate0.78 Cr0.02%

Risk & Performance Ratios

Standard Deviation

This fund

9.06%

Cat. avg.

7.73%

Lower the better

Sharpe Ratio

This fund

0.70

Cat. avg.

0.81

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.50

Higher the better

Fund Managers

VS

Viral Shah

Since October 2022

DP

Dhaval Patel

Since March 2023

Additional Scheme Detailsas of 31st October 2024

ISIN
INF0J8L01040
Expense Ratio
0.63%
Exit Load
1.00%
Fund Size
₹4,020 Cr
Age
3 years 1 month
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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Quant Dynamic Asset Allocation Fund Direct Growth

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Mahindra Manulife Balanced Advantage Fund Regular Growth

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2.2%1.0%₹904.25 Cr20.3%
Mahindra Manulife Balanced Advantage Fund Direct Growth

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Mirae Asset Balanced Advantage Fund Direct Growth

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About the AMC

NJ Mutual Fund

NJ Mutual Fund

Total AUM

₹6,716 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

0.6%1.0%₹1880.27 Cr26.5%
NJ Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹212.88 Cr6.6%
NJ Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹351.63 Cr7.8%
NJ Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹4020.03 Cr17.1%
NJ ELSS Tax Saver Scheme Direct Growth

Very High Risk

0.5%0.0%₹251.17 Cr23.3%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of NJ Balanced Advantage Fund Direct Growth, as of 06-Dec-2024, is ₹14.21.
The fund has generated 17.05% over the last 1 year and 12.96% 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 53.38% in equities, 2.43% in bonds, and 44.19% in cash and cash equivalents.
The fund managers responsible for NJ Balanced Advantage Fund Direct Growth are:-
  1. Viral Shah
  2. Dhaval Patel