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

45.596 (1.097%)

NAV on November 22, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Moderate Sensitivity
High Quality

Total Assets 8,750 cr

Turnover Ratio 324.12%

Expense Ratio 0.58%

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

Returns

1M: -1.09%
1Y: 20.35%
3M: -2.37%
3Y: 12.69%
6M: 4.86%
5Y: 14.08%

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 about 4 years) Sushil Budhia (Since over 3 years)

ISIN INF204K01G86

Fund Family Nippon India

P/E Ratio 27.24

P/B Ratio 3.81

Launch Date January 01, 2013

Benchmark CRISIL Hybrid 50+50 - Moderate TR INR

Avg. Maturity 4.92 years

Yield To Maturity (%) 7.62%

SECTOR WEIGHTINGS (%)

Financial 29.94%

Industrial 12.41%

Technology 12.11%

Basic Materials 3.97%

Consumer Cyclical 10.28%

Utilities Services 4.85%

Healthcare Services 3.05%

Energy Services 3.44%

Communication Services 6.35%

Consumer Defensive 11.70%

Real Estate 1.89%

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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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	532.980	26.05%	94,866 cr	0.74%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.108	22.44%	4,115 cr	0.72%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	55.270	21.61%	12,306 cr	0.51%	Average
SBI Balanced Advantage Fund Direct Growth	15.061	19.91%	32,661 cr	0.68%	Below Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	76.770	18.20%	60,545 cr	0.87%	Low