- Mutual Funds
- Nippon Mutual Fund
- Nippon India Balanced Advantage Fund Bonus (PIDCW-A)
Formerly Reliance Balanced Adv Bns
Nippon India Balanced Advantage Fund Bonus (PIDCW-A)
₹ 156.2262
NAV (Apr 16)
Dynamic asset allocation or balanced advantage funds provides varying combinations of equity & debt and is suitable for investment objectives with duration specific to the fund category.
Dynamic Asset Allocation funds change their exposure to debt and equity dynamically - taking a call on market valuation & conditions.
This makes their performance difficult to assess.
With a high Equity component, the impact of market fluctuations on these funds is high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 156.2262
NAV (Apr 16)
Fund Returns
Last 1Y | 23.4% |
Last 3Y | 12.9% |
Last 5Y | 11.2% |
Last 10Y | 12.4% |
Since Inception | 15.2% |
6 Month CAGR | 12.2% |
Scheme Information
Nippon India Balanced Advantage Fund attempts to capitalize on the potential upside in equity markets while attempting to limit the downside by dynamically managing the portfolio through investment in equity and active use of debt,money market instruments and derivatives. A model based Dynamic Asset Allocation Fund that aims to offer Triple Benefits of 1. Emotion Free Asset Allocation through Model Based Asset Allocation,2. Lowers downside risk through hedging and 3. Long Term Alpha – through Active Stock selection and Sector. The fund follows an in-house proprietary Model (which follows Valuations & Trend Following) to determine unhedged equity allocation. The fund maintains a large cap oriented portfolio diversified across sectors. Debt portfolio is managed conservatively,focused at the shorter end through investment in a combination of liquid and short term fixed income securities.
Expense Ratio | 1.78 |
Launched (20y ago) | Nov 15, 2004 |
AUM in Crores | 7719.300 |
ISIN | INF204K01596 |
Lock-in | No Lock-in |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 6.5 |
Standard Deviation (5yr) | 10.6 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 1.042 |
Sharpe Ratio (5yr) | 0.589 |
YTM | 7.81 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Balanced Advantage Fund Bonus (PIDCW-A) | 9,64,561 | 2,31,949 | 11.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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 before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
cash offset for derivatives
12.7%icici bank ltd
6.3%hdfc bank ltd
5%infosys ltd
3.7%reliance industries ltd
3.5%Allocation by Sector
financial services
22.7%industrials
8.3%consumer cyclical
8.2%consumer defensive
7.2%technology
5.9%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 33,502 cr | ||
₹ 10,737 cr | ||
₹ 1,868 cr | ||
₹ 1,829 cr | ||
₹ 3,417 cr |
About the AMC
Nippon Life India Asset Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.5% | 6.9% | ||
5.5% | 6.7% | ||
5.5% | 5.8% | ||
5.5% | 6.7% | ||
5.5% | 5.8% |
Nippon India Balanced Advantage Fund Bonus (PIDCW-A) Review
Nippon India Balanced Advantage Fund Bonus (PIDCW-A) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 15.2% over a period of 19 years. The fund was previously known as Reliance Balanced Adv Bns. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Amar Kalkundrikar, Ashutosh Bhargava, Kinjal Desai, Sushil Budhia.
Nav of Nippon India Balanced Advantage Fund Bonus (PIDCW-A) as of 4/16/2024 is ₹156.23 with the total AUM as of 4/18/2024 is ₹7719.3. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Balanced Advantage Fund Bonus (PIDCW-A) was launched on Nov 15, 2004. The category risk of the fund is Very High Risk.
The minimum SIP amount for Nippon India Balanced Advantage Fund Bonus (PIDCW-A) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Frequently Asked Questions
What is Nippon India Balanced Advantage Fund Bonus (PIDCW-A)?
How to invest in Nippon India Balanced Advantage Fund Bonus (PIDCW-A)?
You can invest in Nippon India Balanced Advantage Fund Bonus (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Nippon India Balanced Advantage Fund Bonus (PIDCW-A)?
The minimum sip amount for Nippon India Balanced Advantage Fund Bonus (PIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is Nippon India Balanced Advantage Fund Bonus (PIDCW-A) good to invest in?
As per Scripbox experts, Nippon India Balanced Advantage Fund Bonus (PIDCW-A) is a Neutral fund. You can investNippon India Balanced Advantage Fund Bonus (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Nippon India Balanced Advantage Fund Bonus (PIDCW-A)?
The expense ratio of the Nippon India Balanced Advantage Fund Bonus (PIDCW-A) is 1.78% for regular plan.