Item: Nippon India Balanced Advantage Fund Direct Growth Plan
Rating: 5
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Balanced Advantage Fund Direct Growth Plan

123.937 (0.166%)

NAV on June 22, 2021

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Blend

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 3,515 cr

Turnover Ratio 387.00%

Expense Ratio 0.76%

Exit Load 1.00%if redeemed within
12 Months0.00%if redeemed after 12 Months

Returns

1M: 2.65%
1Y: 33.31%
3M: 5.82%
3Y: 11.87%
6M: 13.41%
5Y: 13.25%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Manish Gunwani (Since about 3 years) Ashutosh Bhargava (Since about 3 years) Amar Kalkundrikar (Since 8 months) Sushil Budhia (Since 3 months)

ISIN INF204K01G94

Fund Family Nippon India

P/E Ratio 22.10

P/B Ratio 2.95

Launch Date January 01, 2013

Benchmark CRISIL Hybrid 35+65 - Agg TR INR

Avg. Maturity 3.36 years

Yield To Maturity (%) 6.01%

SECTOR WEIGHTINGS (%)

Financial 39.46%

Industrial 5.47%

Technology 13.18%

Basic Materials 5.59%

Consumer Cyclical 5.8%

Utilities Services 1.65%

Healthcare Services 6.52%

Energy Services 8.32%

Communication Services 4.30%

Consumer Defensive 9.69%

Real Estate 0.01%

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Edelweiss Balanced Advantage Fund Direct Plan Growth	35.890	35.95%	3,881 cr	0.50%	Average
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	75.120	33.45%	3,601 cr	0.74%	Above Average
Nippon India Balanced Advantage Fund Direct Growth Plan	123.937	33.31%	3,515 cr	0.76%	Average
Union Balanced Advantage Fund Direct Growth	14.720	30.04%	964 cr	1.16%	Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	271.037	49.82%	41,922 cr	1.04%	High
Edelweiss Balanced Advantage Fund Direct Plan Growth	35.890	35.95%	3,881 cr	0.5%	Average
Baroda Dynamic Equity Fund Direct Growth	15.450	34.93%	1,188 cr	0.91%	-
Union Balanced Advantage Fund Direct Growth	14.720	30.04%	964 cr	1.16%	Average