Dezerv

Fund Overview

Fund Size

Fund Size

₹3,872 Cr

Expense Ratio

Expense Ratio

1.89%

ISIN

ISIN

INF0J8L01024

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 Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by NJ Mutual Fund. This fund has been in existence for 2 years, 7 months and 14 days, having been launched on 29-Oct-21.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹13.25, Assets Under Management (AUM) of 3872.06 Crores, and an expense ratio of 1.89%.
  • NJ Balanced Advantage Fund Regular Growth has given a CAGR return of 11.35% since inception.
  • The fund's asset allocation comprises around 51.26% in equities, 0.63% in debts, and 48.11% in cash & cash equivalents.
  • You can start investing in NJ Balanced Advantage Fund Regular 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

+28.77%

+23.82% (Cat Avg.)

Since Inception

+11.35%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity1,984.79 Cr51.26%
Debt24.57 Cr0.63%
Others1,862.71 Cr48.11%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset1,484.36 Cr38.45%
Hdfc Bank Limited June 2024 FutureEquity - Future-339 Cr8.78%
HDFC Bank LtdEquity337.19 Cr8.73%
Clearing Corporation Of India LtdCash - Repurchase Agreement150.39 Cr3.90%
Future on Reliance Industries LtdEquity - Future-127.98 Cr3.32%
Reliance Industries LtdEquity127.09 Cr3.29%
Tata Consultancy Services LtdEquity117.84 Cr3.05%
Indian Railway Catering And Tourism Corp LtdEquity112.35 Cr2.91%
Bharat Electronics LtdEquity107.84 Cr2.79%
Central Depository Services (India) LtdEquity107.21 Cr2.78%
Hindustan Aeronautics Ltd Ordinary SharesEquity105.68 Cr2.74%
REC LtdEquity105.22 Cr2.73%
Coal India LtdEquity100.28 Cr2.60%
Power Grid Corp Of India LtdEquity99.94 Cr2.59%
HDFC Asset Management Co LtdEquity91.32 Cr2.37%
Future on Tata Power Co LtdEquity - Future-87.06 Cr2.26%
Tata Power Co LtdEquity86.53 Cr2.24%
Mphasis LtdEquity84.41 Cr2.19%
HCL Technologies LtdEquity83.73 Cr2.17%
Oracle Financial Services Software LtdEquity74.99 Cr1.94%
L&T Technology Services LtdEquity72.34 Cr1.87%
Future on State Bank of IndiaEquity - Future-68.62 Cr1.78%
State Bank of IndiaEquity68.01 Cr1.76%
Nippon Life India Asset Management Ltd Ordinary SharesEquity65.83 Cr1.71%
Sonata Software LtdEquity62.95 Cr1.63%
J.B. Chemicals & Pharmaceuticals LtdEquity55.65 Cr1.44%
Oil India LtdEquity54.9 Cr1.42%
Castrol India LtdEquity54.36 Cr1.41%
Future on Bajaj Finance LtdEquity - Future-54.26 Cr1.41%
Bajaj Finance LtdEquity54.08 Cr1.40%
Torrent Pharmaceuticals LtdEquity53.74 Cr1.39%
Titan Co LtdEquity52.56 Cr1.36%
TVS Motor Co LtdEquity52.5 Cr1.36%
Bajaj Auto LtdEquity51.47 Cr1.33%
Colgate-Palmolive (India) LtdEquity50.82 Cr1.32%
Future on Bank of BarodaEquity - Future-49.34 Cr1.28%
Bank of BarodaEquity48.97 Cr1.27%
Hindustan Unilever LtdEquity47.65 Cr1.23%
Future on Hindustan Unilever LtdEquity - Future-47.55 Cr1.23%
Persistent Systems LtdEquity44.37 Cr1.15%
Future on Kotak Mahindra Bank LtdEquity - Future-42.76 Cr1.11%
Kotak Mahindra Bank LtdEquity42.41 Cr1.10%
CRISIL LtdEquity41.98 Cr1.09%
Future on Larsen & Toubro LtdEquity - Future-35.7 Cr0.92%
Larsen & Toubro LtdEquity35.67 Cr0.92%
Future on Tata Consultancy Services LtdEquity - Future-34.54 Cr0.89%
Future on Adani Enterprises LtdEquity - Future-32.93 Cr0.85%
Adani Enterprises LtdEquity32.75 Cr0.85%
Acc Limited June 2024 FutureEquity - Future-32.55 Cr0.84%
ACC LtdEquity32.39 Cr0.84%
Future on Bharat Electronics LtdEquity - Future-31.98 Cr0.83%
Net Receivables / (Payables)Cash31.37 Cr0.81%
Divi's Laboratories LtdEquity29.88 Cr0.77%
Future on Ambuja Cements LtdEquity - Future-29.83 Cr0.77%
Ambuja Cements LtdEquity29.67 Cr0.77%
Future on Canara BankEquity - Future-28.49 Cr0.74%
Future on Hindustan Aeronautics Ltd Ordinary SharesEquity - Future-28.48 Cr0.74%
Canara BankEquity28.36 Cr0.73%
Future on Axis Bank LtdEquity - Future-26.67 Cr0.69%
Axis Bank LtdEquity26.44 Cr0.68%
Future on Bajaj Finserv LtdEquity - Future-25.32 Cr0.66%
Bajaj Finserv LtdEquity25.15 Cr0.65%
182 DTB 06062024Bond - Gov't/Treasury24.98 Cr0.65%
182 DTB 13062024Bond - Gov't/Treasury24.95 Cr0.65%
India (Republic of)Bond - Short-term Government Bills24.78 Cr0.64%
91 DTB 25072024Bond - Gov't/Treasury24.75 Cr0.64%
182 DTB 26102024Bond - Gov't/Treasury24.72 Cr0.64%
India (Republic of)Bond - Short-term Government Bills24.68 Cr0.64%
Infosys LtdEquity23.34 Cr0.60%
Future on Tata Motors LtdEquity - Future-23.19 Cr0.60%
Tata Motors LtdEquity23.15 Cr0.60%
Future on Divi's Laboratories LtdEquity - Future-20.42 Cr0.53%
364 DTB 11072024Bond - Gov't/Treasury19.85 Cr0.51%
Future on Zee Entertainment Enterprises LtdEquity - Future-18.4 Cr0.48%
Zee Entertainment Enterprises LtdEquity18.18 Cr0.47%
Vedanta Limited June 2024 FutureEquity - Future-16.65 Cr0.43%
Vedanta LtdEquity16.56 Cr0.43%
Infosys Limited June 2024 FutureEquity - Future-16.21 Cr0.42%
Future on Indian Railway Catering And Tourism Corp LtdEquity - Future-15.53 Cr0.40%
ITC LtdEquity15.53 Cr0.40%
Future on ICICI Bank LtdEquity - Future-15.1 Cr0.39%
ICICI Bank LtdEquity14.99 Cr0.39%
182 DTB 20062024Bond - Gov't/Treasury14.95 Cr0.39%
182 DTB 29082024Bond - Gov't/Treasury14.75 Cr0.38%
Future on GAIL (India) LtdEquity - Future-14.29 Cr0.37%
GAIL (India) LtdEquity14.21 Cr0.37%
Future on Tata Steel LtdEquity - Future-13.42 Cr0.35%
Tata Steel LtdEquity13.33 Cr0.35%
Future on PI Industries LtdEquity - Future-12.4 Cr0.32%
PI Industries LtdEquity12.3 Cr0.32%
Future on Oil & Natural Gas Corp LtdEquity - Future-12.11 Cr0.31%
Oil & Natural Gas Corp LtdEquity12.01 Cr0.31%
Amara Raja Energy & Mobility LtdEquity11.96 Cr0.31%
Nestle India LtdEquity11.72 Cr0.30%
SKF India LtdEquity11.11 Cr0.29%
Tech Mahindra LtdEquity10.98 Cr0.28%
LTIMindtree LtdEquity10.59 Cr0.27%
Grindwell Norton LtdEquity10.39 Cr0.27%
Future on Samvardhana Motherson International LtdEquity - Future-10.26 Cr0.27%
Samvardhana Motherson International LtdEquity10.2 Cr0.26%
182 DTB 27062024Bond - Gov't/Treasury9.95 Cr0.26%
182 DTB 25072024Bond - Gov't/Treasury9.9 Cr0.26%
Supreme Industries LtdEquity9.61 Cr0.25%
Future on HDFC Life Insurance Company LimitedEquity - Future-9.4 Cr0.24%
HDFC Life Insurance Company LimitedEquity9.37 Cr0.24%
Coromandel International LtdEquity9.37 Cr0.24%
Marico LtdEquity9.23 Cr0.24%
Future on Apollo Hospitals Enterprise LtdEquity - Future-9.13 Cr0.24%
Apollo Hospitals Enterprise LtdEquity9.05 Cr0.23%
Indian Energy Exchange LtdEquity8.78 Cr0.23%
Pfizer LtdEquity8.47 Cr0.22%
Titan Company Limited June 2024 FutureEquity - Future-8.4 Cr0.22%
Future on The Federal Bank LtdEquity - Future-8.4 Cr0.22%
The Federal Bank LtdEquity8.35 Cr0.22%
Future on Hindalco Industries LtdEquity - Future-8.27 Cr0.21%
Hindalco Industries LtdEquity8.2 Cr0.21%
Britannia Industries LtdEquity8.13 Cr0.21%
Page Industries LtdEquity8.05 Cr0.21%
Future on HCL Technologies LtdEquity - Future-8.02 Cr0.21%
Indraprastha Gas LtdEquity7.91 Cr0.20%
Asian Paints LtdEquity7.8 Cr0.20%
Future on ITC LtdEquity - Future-7.76 Cr0.20%
ICICI Securities LtdEquity7.57 Cr0.20%
CCL Products (India) LtdEquity7.53 Cr0.20%
Future on JSW Steel LtdEquity - Future-7.49 Cr0.19%
JSW Steel LtdEquity7.43 Cr0.19%
Bayer CropScience LtdEquity7.37 Cr0.19%
Abbott India LtdEquity7.36 Cr0.19%
Mahanagar Gas LtdEquity7.33 Cr0.19%
Future on Jindal Steel & Power LtdEquity - Future-7.27 Cr0.19%
Jindal Steel & Power LtdEquity7.2 Cr0.19%
Coforge LtdEquity6.96 Cr0.18%
Tata Elxsi LtdEquity6.88 Cr0.18%
Future on Bharti Airtel LtdEquity - Future-6.76 Cr0.17%
Bharti Airtel LtdEquity6.72 Cr0.17%
Future on ABB India LtdEquity - Future-6.48 Cr0.17%
ABB India LtdEquity6.45 Cr0.17%
Bandhan Bank Limited June 2024 FutureEquity - Future-6.39 Cr0.17%
Bandhan Bank LtdEquity6.36 Cr0.16%
Future on NTPC LtdEquity - Future-4.89 Cr0.13%
NTPC LtdEquity4.85 Cr0.13%
Future on Nestle India LtdEquity - Future-4.85 Cr0.13%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-4.85 Cr0.13%
Future on Pidilite Industries LtdEquity - Future-4.84 Cr0.13%
Adani Ports & Special Economic Zone LtdEquity4.83 Cr0.13%
Pidilite Industries LtdEquity4.83 Cr0.12%
Future on Steel Authority Of India LtdEquity - Future-4.48 Cr0.12%
Steel Authority Of India LtdEquity4.44 Cr0.11%
Future on National Aluminium Co LtdEquity - Future-4.34 Cr0.11%
National Aluminium Co LtdEquity4.31 Cr0.11%
Future on IndusInd Bank LtdEquity - Future-3.9 Cr0.10%
IndusInd Bank LtdEquity3.87 Cr0.10%
Future on Dabur India LtdEquity - Future-3.85 Cr0.10%
Future on SRF LtdEquity - Future-3.84 Cr0.10%
Dabur India LtdEquity3.82 Cr0.10%
SRF LtdEquity3.81 Cr0.10%
Future on United Spirits LtdEquity - Future-3.76 Cr0.10%
United Spirits LtdEquity3.73 Cr0.10%
Future on Tech Mahindra LtdEquity - Future-3.41 Cr0.09%
Future on LTIMindtree LtdEquity - Future-3.23 Cr0.08%
Future on Godrej Consumer Products LtdEquity - Future-3.06 Cr0.08%
Godrej Consumer Products LtdEquity3.05 Cr0.08%
Future on Manappuram Finance LtdEquity - Future-3.05 Cr0.08%
Manappuram Finance LtdEquity3.04 Cr0.08%
Future on Bharat Petroleum Corp LtdEquity - Future-2.85 Cr0.07%
Bharat Petroleum Corp LtdEquity2.83 Cr0.07%
Indus Towers Limited June 2024 FutureEquity - Future-2.61 Cr0.07%
Indus Towers Ltd Ordinary SharesEquity2.6 Cr0.07%
Indian Oil Corporation Limited June 2024 FutureEquity - Future-2.4 Cr0.06%
Future on ICICI Lombard General Insurance Co LtdEquity - Future-2.38 Cr0.06%
Indian Oil Corp LtdEquity2.38 Cr0.06%
ICICI Lombard General Insurance Co LtdEquity2.37 Cr0.06%
Future on SBI Life Insurance Company LimitedEquity - Future-2.2 Cr0.06%
SBI Life Insurance Company LimitedEquity2.18 Cr0.06%
Future on Info Edge (India) LtdEquity - Future-2.06 Cr0.05%
Info Edge (India) LtdEquity2.05 Cr0.05%
Future on Shree Cement LtdEquity - Future-1.68 Cr0.04%
Shree Cement LtdEquity1.67 Cr0.04%
Future on DLF LtdEquity - Future-1.43 Cr0.04%
DLF LtdEquity1.41 Cr0.04%
Future on InterGlobe Aviation LtdEquity - Future-1.14 Cr0.03%
InterGlobe Aviation LtdEquity1.13 Cr0.03%
Future on Power Grid Corp Of India LtdEquity - Future-1.12 Cr0.03%
Punjab National BankEquity1.04 Cr0.03%
Future on Punjab National BankEquity - Future-1.03 Cr0.03%
Future on Cholamandalam Investment and Finance Co LtdEquity - Future-0.7 Cr0.02%
Cholamandalam Investment and Finance Co LtdEquity0.7 Cr0.02%
Future on Maruti Suzuki India LtdEquity - Future-0.63 Cr0.02%
Maruti Suzuki India LtdEquity0.62 Cr0.02%
Future on Coal India LtdEquity - Future-0.42 Cr0.01%
The India Cements Limited June 2024 FutureEquity - Future-0.24 Cr0.01%
India Cements LtdEquity0.24 Cr0.01%
Future on Glenmark Pharmaceuticals LtdEquity - Future-0.17 Cr0.00%
Glenmark Pharmaceuticals LtdEquity0.17 Cr0.00%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-0.1 Cr0.00%
Sun Pharmaceuticals Industries LtdEquity0.1 Cr0.00%
Future on Cipla LtdEquity - Future-0.09 Cr0.00%
Cipla LtdEquity0.09 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

32.03%

Mid Cap Stocks

21.37%

Small Cap Stocks

9.24%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services1,110.78 Cr28.77%
Technology599.37 Cr15.52%
Industrials417.02 Cr10.80%
Energy386.58 Cr10.01%
Utilities220.76 Cr5.72%
Consumer Cyclical198.55 Cr5.14%
Basic Materials170.92 Cr4.43%
Healthcare164.52 Cr4.26%
Consumer Defensive161.21 Cr4.18%
Communication Services29.55 Cr0.77%
Real Estate1.41 Cr0.04%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

7.32%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.62

Higher the better

Fund Managers

VS

Viral Shah

Since October 2022

Vishal Ashar

Vishal Ashar

Since March 2023

DP

Dhaval Patel

Since March 2023

Additional Scheme Detailsas of 30th April 2024

ISININF0J8L01024Expense Ratio1.89%Exit Load1.00%Fund Size₹3,872 CrAge29 Oct 2021Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 Hybrid Composite Debt 50:50

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

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.

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About the AMC

Total AUM

₹5,832 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

0.4%1.0%₹1173.08 Cr-
NJ Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹168.54 Cr6.8%
NJ Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹427.06 Cr8.1%
NJ Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹3872.06 Cr30.3%
NJ ELSS Tax Saver Scheme Direct Growth

Very High Risk

0.5%0.0%₹191.15 Cr-

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 Regular Growth, as of 11-Jun-2024, is ₹13.25.
The fund's allocation of assets is distributed as 51.26% in equities, 0.63% in bonds, and 48.11% in cash and cash equivalents.
The fund managers responsible for NJ Balanced Advantage Fund Regular Growth are:-
  1. Viral Shah
  2. Vishal Ashar
  3. Dhaval Patel