Item: Nippon India Balanced Advantage Fund - Direct Plan - Growth Plan
Rating: 3
Author: Morningstar

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

97.658 (0.578%)

NAV on August 06, 2020

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Blend

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 2,782 cr

Turnover Ratio 422.00%

Expense Ratio 0.78%

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

Returns

1M: 3.19%
1Y: 4.40%
3M: 12.56%
3Y: 4.16%
6M: -3.47%
5Y: 6.17%

Min Investment 100

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Prashant Pimple (Since 6 months) Manish Gunwani (Since over 2 years) Ashutosh Bhargava (Since over 2 years) Kinjal Desai (Since about 2 years)

ISIN INF204K01G94

Fund Family Nippon India

P/E Ratio 16.30

P/B Ratio 2.07

Launch Date January 01, 2013

Benchmark CRISIL Hybrid 35+65 - Agg TR INR

Avg. Maturity 2.08 years

Yield To Maturity (%) 9.14%

SECTOR WEIGHTINGS (%)

Financial 33.79%

Industrial 2.66%

Technology 13.27%

Basic Materials 4.44%

Consumer Cyclical 10.81%

Utilities Services 3.91%

Healthcare Services 6.88%

Energy Services 10.86%

Communication Services 2.10%

Consumer Defensive 9.10%

Real Estate 2.19%

RISK MEASURES (3 yrs)

vs CRISIL Hybrid 35+65 - Agg TR INR

Alpha -2.02

Beta 0.91

R-Squared 90.64

Info Ratio -0.50

Tracking Err 4.27

Sortino -0.117

Sharpe -0.094

Std Dev 13.320

Risk Average

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
DSP Dynamic Asset Allocation Fund Direct Growth	17.736	10.37%	1,337 cr	0.54%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	40.440	7.30%	25,409 cr	1.17%	Above Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Baroda Dynamic Equity Direct Growth	12.430	17.82%	566 cr	1.25%	-
Edelweiss Balanced Advantage Fund -Direct Plan-Growth	27.940	15.89%	1,336 cr	0.68%	Average
Union Balanced Advantage Fund Direct Growth	12.190	13.71%	457 cr	1.81%	-
IDFC Dynamic Equity Direct Growth	15.760	13.30%	869 cr	1.0%	Above Average
L&T Balanced Advantage Fund Direct Plan Growth Option	28.990	12.64%	645 cr	1.2%	Below Average