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  • Nippon India Balanced Advantage Fund (Growth)

Formerly Reliance Balanced Adv Gr

Nippon Mutual Fund

Nippon India Balanced Advantage Fund (Growth)

HybridDynamic Asset Allocation Or Balanced Advantage

161.5432

NAV (May 23)

12.2%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in dynamic asset allocation or balanced advantage mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Outperformance Consistency

Satisfactory

The performance of the fund on a Outperformance Consistency metric has been Satisfactory

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

161.5432

NAV (May 23)

Fund Returns

Last 1Y
24.9%
Last 3Y
12.9%
Last 5Y
12.2%
Last 10Y
11.3%
Since Inception
15.3%
6 Month CAGR
14.9%

Scheme Information

Investment Objective

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
1.76
Launched (20y ago)
Nov 15, 2004
AUM in Crores
7928.384
ISIN
INF204K01604
Lock-in
No Lock-in
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
6.5
Standard Deviation (5yr)
10.6
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
1.15
Sharpe Ratio (5yr)
0.624
YTM
7.8
Fund Managers

Ashutosh Bhargava

Fund Manager

Kinjal Desai

Fund Manager

Sushil Budhia

Fund Manager

Amar Kalkundrikar

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Balanced Advantage Fund (Growth)70%9,89,656 2,57,04412.2%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-05-23

Top Stock Holdings

cash offset for derivatives

12.3%
12.3%

icici bank ltd

6.5%
6.5%

hdfc bank ltd

5.1%
5.1%

infosys ltd

3.4%
3.4%

reliance industries ltd

3.4%
3.4%
See all holdings

Allocation by Sector

financial services

23.8%
23.8%

consumer cyclical

8.3%
8.3%

industrials

8.2%
8.2%

consumer defensive

7.6%
7.6%

technology

5.7%
5.7%
See all sectors

Comparison with Hybrid Funds

Fund NameFund SizeRolling Returns
Edelweiss Balanced Advantage Fund (G)
Edelweiss Balanced Advantage Fund (G)

₹ 11,135 cr

₹ 34,733 cr

₹ 9,107 cr

₹ 3,402 cr

₹ 2,173 cr

amc-img

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 368,644 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 105 equity,425 debt and 71 hybrid funds.amc-img
phone-img022-33031000
Fund NameScripbox Opinion
Till Date CAGR
Nippon India Arbitrage Fund (G)
Nippon India Arbitrage Fund (G)

5.6%

6.9%

5.6%

6.7%

5.6%

5.8%

5.6%

6.7%

5.6%

5.8%

Nippon India Balanced Advantage Fund (G) Review

Nippon India Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 15.3% 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 Amar Kalkundrikar, Ashutosh Bhargava, Kinjal Desai, Sushil Budhia.

Nav of Nippon India Balanced Advantage Fund (G) as of 5/23/2024 is ₹161.54 with the total AUM as of 5/24/2024 is ₹7928.384. 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 Very 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.

Frequently Asked Questions

What is Nippon India Balanced Advantage Fund (G)?

Nippon India Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid scheme predominantly investing across Hybrid instruments with an investment objective to generate wealth over the long term.

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 1.76% for regular plan.