Item: Nippon India Balanced Advantage Fund Direct Growth Plan
Rating: 4
Author: Morningstar

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

190.963 (0.783%)

NAV on July 26, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 8,286 cr

Turnover Ratio 342.82%

Expense Ratio 0.56%

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

Returns

1M: 2.54%
1Y: 26.15%
3M: 7.19%
3Y: 14.31%
6M: 13.29%
5Y: 14.91%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Ashutosh Bhargava (Since about 6 years) Kinjal Desai (Since about 6 years) Amar Kalkundrikar (Since almost 4 years) Sushil Budhia (Since over 3 years)

ISIN INF204K01G94

Fund Family Nippon India

P/E Ratio 25.23

P/B Ratio 4.24

Launch Date January 01, 2013

Benchmark CRISIL Hybrid 50+50 - Moderate TR INR

Avg. Maturity 4.38 years

Yield To Maturity (%) 7.87%

SECTOR WEIGHTINGS (%)

Financial 34.57%

Industrial 10.87%

Technology 9.63%

Basic Materials 1.8%

Consumer Cyclical 11.2%

Utilities Services 4.54%

Healthcare Services 2.93%

Energy Services 6.01%

Communication Services 6.20%

Consumer Defensive 12.25%

Real Estate 0.01%

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.

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
HDFC Balanced Advantage Fund Direct Plan Growth Option	545.102	39.42%	89,903 cr	0.73%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	56.160	25.53%	11,721 cr	0.40%	Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	24.999	25.33%	3,967 cr	0.70%	Above Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	76.750	22.69%	58,562 cr	0.85%	Low

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant Dynamic Asset Allocation Fund Direct Growth	17.898	57.28%	1,197 cr	0.65%	-
HDFC Balanced Advantage Fund Direct Plan Growth Option	545.102	39.42%	89,903 cr	0.73%	Above Average
Axis Balanced Advantage Fund Direct Growth	22.030	28.55%	2,322 cr	0.88%	Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	56.160	25.53%	11,721 cr	0.4%	Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	24.999	25.33%	3,967 cr	0.7%	Above Average
Bank of India Balanced Advantage Direct Growth	26.911	23.59%	133 cr	1.4%	High