Formerly Reliance Balanced Adv Gr
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.
The performance of the fund on a Fund Size metric has been Good
The performance of the fund on a Outperformance Consistency metric has been Satisfactory
NAV (Dec 5)
6 Month CAGR
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.
Launched (19y ago)
Nov 15, 2004
AUM in Crores
CRISIL Hybrid 50+50 - Moderate TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Nippon India Balanced Advantage Fund (Growth)||9,57,191||2,24,579||10.9%|
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.
cash offset for derivatives28.9%
icici bank ltd6.5%
hdfc bank ltd5.7%
|Fund Name||Fund Size||Rolling Returns|
₹ 26,182 cr
₹ 9,338 cr
₹ 1,354 cr
₹ 1,051 cr
₹ 7,605 cr
Nippon Life India Asset Management Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
Nippon India Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 15.1% over a period of 19 years. The fund was previously known as Reliance Balanced Adv Gr. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Akshay Sharma, Amar Kalkundrikar, Ashutosh Bhargava, Kinjal Desai, Sushil Budhia.
Nav of Nippon India Balanced Advantage Fund (G) as of 12/5/2023 is ₹145.64 with the total AUM as of 12/6/2023 is ₹6957.724. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Balanced Advantage Fund (G) was launched on Nov 15, 2004. The category risk of the fund is Moderately High risk.
The minimum SIP amount for Nippon India Balanced Advantage Fund (G) is ₹1000 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.
What is Nippon India Balanced Advantage Fund (G)?
How to invest in Nippon India Balanced Advantage Fund (G)?
You can invest in Nippon India Balanced Advantage Fund (G) 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 (G)?
The minimum sip amount for Nippon India Balanced Advantage Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Nippon India Balanced Advantage Fund (G) good to invest in?
As per Scripbox experts, Nippon India Balanced Advantage Fund (G) is a Neutral fund. You can investNippon India Balanced Advantage Fund (G) 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 (G)?
The expense ratio of the Nippon India Balanced Advantage Fund (G) is 1.78% for regular plan.