Item: Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Balanced Advantage Fund Direct Reinvestment of Income Distribution cum capital wdrl

47.311 (0.070%)

NAV on September 05, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 8,803 cr

Turnover Ratio 324.12%

Expense Ratio 0.56%

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

Returns

1M: 2.56%
1Y: 24.00%
3M: 7.23%
3Y: 13.69%
6M: 9.95%
5Y: 15.48%

Min Investment 100

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ADDITIONAL INFO

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

ISIN INF204K01G86

Fund Family Nippon India

P/E Ratio 27.21

P/B Ratio 4.36

Launch Date January 01, 2013

Benchmark CRISIL Hybrid 50+50 - Moderate TR INR

Avg. Maturity 4.56 years

Yield To Maturity (%) 7.65%

SECTOR WEIGHTINGS (%)

Financial 31.1%

Industrial 11.02%

Technology 11.93%

Basic Materials 1.84%

Consumer Cyclical 10.9%

Utilities Services 4.97%

Healthcare Services 2.87%

Energy Services 4.81%

Communication Services 6.40%

Consumer Defensive 13.06%

Real Estate 1.09%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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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	550.887	36.82%	94,048 cr	0.73%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	57.300	27.73%	12,117 cr	0.50%	Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.563	27.54%	4,066 cr	0.70%	Above Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	78.370	23.71%	60,135 cr	0.85%	Low

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	550.887	36.82%	94,048 cr	0.73%	Above Average
Axis Balanced Advantage Fund Direct Growth	22.580	31.36%	2,466 cr	0.85%	Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.563	27.54%	4,066 cr	0.7%	Above Average
Motilal Oswal Balance Advantage Fund Direct Plan Growth Option	25.613	26.87%	1,271 cr	0.96%	High