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  • Nippon Mutual Fund
  • 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

129.5992

NAV (Dec 02)

9.2%
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

Good

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

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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

129.5992

NAV (Dec 2)

Fund Returns

Last 1Y

7.2%

Last 3Y

11.4%

Last 5Y

9.2%

Last 10Y

11.4%

Since Inception

15.3%

6 Month CAGR

8.8%

Scheme Information

Investment Objective

The investment objective of the scheme is to capitalize on the potential upside in equity markets while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt,money market instruments and derivatives. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Expense Ratio

1.78

Launched (18y ago)

Nov 15, 2004

AUM in Crores

6680.757

ISIN

INF204K01604

Lock-in

No Lock-in

Benchmark

CRISIL Hybrid 50+50 - Moderate TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

12.8

Standard Deviation (5yr)

11.4

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0.58

Sharpe Ratio (5yr)

0.375

YTM

7.57

Fund Managers

Ashutosh Bhargava

Fund Manager

Kinjal Desai

Fund Manager

Manish Gunwani

Fund Manager

Sushil Budhia

Fund Manager

Amar Kalkundrikar

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2022-12-02

Top Stock Holdings

cash offset for derivatives

14.4%
14.4%

icici bank ltd

7.1%
7.1%

hdfc bank ltd

5.2%
5.2%

infosys ltd

4.3%
4.3%

state bank of india

3.7%
3.7%
See all holdings

Allocation by Sector

financial services

24.2%
24.2%

industrials

7.3%
7.3%

consumer cyclical

6.7%
6.7%

technology

6.6%
6.6%

consumer defensive

6.2%
6.2%
See all sectors

Compare Nippon India Balanced Advantage Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Equity & Debt Fund (G)
ICICI Prudential Equity & Debt Fund (G)

₹ 21,109 cr

₹ 761 cr

₹ 428 cr

₹ 2,759 cr

₹ 406 cr

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 249,383 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,374 debt and 32 hybrid funds.

amc-img

  • 022-33031000
  • customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    Nippon India Value Fund (G)
    Nippon India Value Fund (G)

    21.1%

    15.9%

    4%

    6.8%

    3.9%

    6.6%

    20.7%

    17.9%

    3.9%

    5.5%

    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 18 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, Manish Gunwani, Sushil Budhia.

    Nav of Nippon India Balanced Advantage Fund (G) as of 12/2/2022 is ₹129.60 with the total AUM as of 12/4/2022 is ₹6680.757. 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.

    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 stocks 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 1.78% for regular plan.