NJ Balanced Advantage Fund – Direct Growth

₹ 100
Min SIP
₹ 500
Min Lumpsum
0.91 %
Expense Ratio
Rating
3,964
Fund Size (in Cr)
2 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 30.9% - - 11.9%
Category Average 24.3% 16.5% 14.9% -

Scheme Allocation

By Holding
By Sector
By Asset
8.04%
ITC
2.86%
Others
79.42%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 8.04%
Hind.Aeronautics Aerospace & Defence Equity 3.45%
Reliance Industr Refineries Equity 3.17%
Bharat Electron Aerospace & Defence Equity 3.06%
ITC Tobacco Products Equity 2.86%
Power Grid Corpn Power Generation & Distribution Equity 2.45%
Sonata Software IT - Software Equity 2.39%
Colgate-Palmoliv FMCG Equity 2.36%
Titan Company Diamond, Gems and Jewellery Equity 2.35%
CRISIL Credit Rating Agencies Equity 2.25%
Oracle Fin.Serv. IT - Software Equity 2.19%
HCL Technologies IT - Software Equity 2.18%
Oil India Crude Oil & Natural Gas Equity 2.06%
Tata Power Co. Power Generation & Distribution Equity 1.92%
LTIMindtree IT - Software Equity 1.79%
Mphasis IT - Software Equity 1.76%
REC Ltd Finance Equity 1.61%
St Bk of India Banks Equity 1.55%
Coal India Mining & Mineral products Equity 1.51%
TVS Motor Co. Automobile Equity 1.45%
Persistent Sys IT - Software Equity 1.41%
Nestle India FMCG Equity 1.34%
Bajaj Auto Automobile Equity 1.32%
ICICI Bank Banks Equity 1.29%
Tata Motors Automobile Equity 1.25%
Bank of Baroda Banks Equity 1.23%
ICICI Securities Stock/ Commodity Brokers Equity 1.2%
J B Chem & Pharm Pharmaceuticals Equity 1.14%
Tech Mahindra IT - Software Equity 1.13%
Hind. Unilever FMCG Equity 1.12%
Coforge IT - Software Equity 1.11%
Bajaj Finance Finance Equity 1.1%
TCS IT - Software Equity 1.08%
Supreme Inds. Plastic products Equity 1.05%
CCL Products Plantation & Plantation Products Equity 0.93%
Larsen & Toubro Infrastructure Developers & Operators Equity 0.85%
ACC Cement Equity 0.79%
Adani Enterp. Trading Equity 0.75%
Ambuja Cements Cement Equity 0.72%
Canara Bank Banks Equity 0.7%
Bajaj Finserv Finance Equity 0.66%
Kotak Mah. Bank Banks Equity 0.63%
Axis Bank Banks Equity 0.59%
Infosys IT - Software Equity 0.59%
I R C T C Railways Equity 0.56%
Divi's Lab. Pharmaceuticals Equity 0.55%
Indus Towers Telecomm Equipment & Infra Services Equity 0.48%
Interglobe Aviat Air Transport Service Equity 0.35%
P I Industries Agro Chemicals Equity 0.34%
GAIL (India) Gas Distribution Equity 0.32%
O N G C Crude Oil & Natural Gas Equity 0.31%
Tata Steel Steel Equity 0.31%
Marico Edible Oil Equity 0.29%
Zee Entertainmen Entertainment Equity 0.29%
Apollo Hospitals Healthcare Equity 0.25%
Vedanta Mining & Mineral products Equity 0.25%
Hindalco Inds. Non Ferrous Metals Equity 0.22%
HDFC AMC Finance Equity 0.22%
Nippon Life Ind. Finance Equity 0.22%
Torrent Pharma. Pharmaceuticals Equity 0.21%
Jindal Steel Steel Equity 0.2%
Mahanagar Gas Gas Distribution Equity 0.2%
Castrol India Chemicals Equity 0.2%
Samvardh. Mothe. Auto Ancillaries Equity 0.2%
Federal Bank Banks Equity 0.2%
C D S L Miscellaneous Equity 0.19%
L&T Technology IT - Software Equity 0.18%
Amara Raja Ener. Auto Ancillaries Equity 0.18%
JSW Steel Steel Equity 0.18%
Abbott India Pharmaceuticals Equity 0.18%
Pfizer Pharmaceuticals Equity 0.17%
Britannia Inds. FMCG Equity 0.17%
Tata Elxsi IT - Software Equity 0.16%
Bayer Crop Sci. Agro Chemicals Equity 0.15%
United Spirits Alcoholic Beverages Equity 0.15%
Bandhan Bank Banks Equity 0.15%
Indian Energy Ex Financial Services Equity 0.15%
Asian Paints Paints/Varnish Equity 0.14%
Grindwell Norton Capital Goods-Non Electrical Equipment Equity 0.14%
Coromandel Inter Fertilizers Equity 0.14%
Indraprastha Gas Gas Distribution Equity 0.14%
Page Industries Readymade Garments/ Apparells Equity 0.13%
A B B Capital Goods - Electrical Equipment Equity 0.12%
Pidilite Inds. Chemicals Equity 0.12%
SKF India Bearings Equity 0.12%
Adani Ports Marine Port & Services Equity 0.11%
SRF Chemicals Equity 0.11%
Grasim Inds Textiles Equity 0.1%
HDFC Life Insur. Insurance Equity 0.1%
NTPC Power Generation & Distribution Equity 0.1%
S A I L Steel Equity 0.09%
Dabur India FMCG Equity 0.09%
Wipro IT - Software Equity 0.09%
Godrej Consumer FMCG Equity 0.08%
Manappuram Fin. Finance Equity 0.08%
B P C L Refineries Equity 0.07%
M & M Automobile Equity 0.07%
SBI Life Insuran Insurance Equity 0.06%
ICICI Lombard Insurance Equity 0.06%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.05%
Vodafone Idea Telecomm-Service Equity 0.05%
I O C L Refineries Equity 0.05%
IndusInd Bank Banks Equity 0.05%
Shree Cement Cement Equity 0.04%
Bharti Airtel Telecomm-Service Equity 0.04%
Punjab Natl.Bank Banks Equity 0.03%
Cholaman.Inv.&Fn Finance Equity 0.02%
Eicher Motors Automobile Equity 0.02%
ICICI Pru Life Insurance Equity 0.02%
Dr Reddy's Labs Pharmaceuticals Equity 0.01%
Voltas Consumer Durables Equity 0.01%
India Cements Cement Equity 0%
Bosch Auto Ancillaries Equity 0%
Glenmark Pharma. Pharmaceuticals Equity 0%
IT-Software
16.39%
Banks
16.08%
Debt
13.46%
Aerospace & Defense
6.31%
Finance
5.41%
Others
42.35%
View all Sectors
Sectors Asset
IT-Software 16.39%
Banks 16.08%
Debt 13.46%
Aerospace & Defense 6.31%
Finance 5.41%
Automobiles 4.33%
Power 4.11%
Diversified FMCG 3.42%
Consumer Durables 2.49%
Petroleum Products 2.4%
Personal Products 2.35%
Pharmaceuticals & Biotech 2.2%
Capital Markets 2.19%
Oil 2.18%
Cement & Cement Products 1.96%
Consumable Fuels 1.52%
Food Products 1.49%
Cash & Others 1.41%
Industrial Products 1.32%
Agricultural Food & other 1.31%
Fertilisers & Agrochemica 1.1%
Metals & Minerals Trading 0.77%
Ferrous Metals 0.72%
Gas 0.66%
Construction 0.66%
Leisure Services 0.55%
Telecom-Services 0.5%
Auto Components 0.37%
Insurance 0.35%
Entertainment 0.34%
Healthcare Services 0.23%
Chemicals & Petrochemical 0.21%
Non-Ferrous Metals 0.2%
Transport Services 0.19%
IT-Services 0.18%
Beverages 0.15%
Textiles & Apparels 0.13%
Transport Infrastructure 0.11%
Diversified Metals 0.11%
Electrical Equipments 0.11%
Retailing 0.03%
Equity
85.23%
Reverse Repos
6.17%
T-Bills
5.42%
Net Curr Ass/Net Receivables
3.2%

Advance Ratio

3.95
Alpha
2.45
SD
0.58
Beta
0.64
Sharpe

Exit Load

Exit Load All units redeemed / switched-out in excess of the 5% load free units will be subject to the below mentioned exit load. 1% - If redeemed / switch-out within 30 days of allotment Nil - If redeemed / switch-out after 30 days of allotment

Fund Objective

Nippon India Balanced Advantage Fund is a hybrid mutual fund offered by Nippon India Mutual Fund (formerly known as Reliance Nippon Life Asset Management Limited). This scheme began operations on January 1, 2013, and its current management is overseen by Ashutosh Bhargava, Amar Kalkundrikar, and Sushil Budhia, the respective fund managers.

The portfolio has a 78.16% allocation to domestic equities, distributed as follows: 19.47% in Large companies, 19% in Mid Cap stocks, and 10.37% in Small Cap stocks. The fund invests 14.08% of its total assets in debt, including 14.08% in government securities.

The investment objective of the fund is to generate long-term capital appreciation and income by investing in a balanced portfolio of equity and debt securities. The fund aims to provide an investment strategy that strikes a balance between growth and stability by allocating assets between equity, debt and money market instruments based on market conditions and the fund’s outlook.

Pros & Cons

Pros

Cons

Low expense ratio. 1 year annualised returns lower than category average.

 

How to invest in NJ Balanced Advantage Fund?

Using 5paisa, investing in the NJ Balanced Advantage Fund is simple. The streamlined procedure eliminates the need for documents. Here are the basic procedures to get you started:

Step 1: Log in to your 5Paisa Account. If you do not have one, click the link to register and create a new 5Paisa account in 3 easy steps. Alternatively, you can download the 5Paisa app on your smartphone for Android or IOS and log in from your device.
Step 2: Search for the NJ Mutual Fund scheme that you want to invest in
Step 3: Select the option that is apt for your requirement and risk appetite
Step 4: Select the investment type – SIP (Systematic Investment Plan) or Lumpsum
Step 5: Input the amount that you’d like to invest and proceed with payment by clicking on the ‘Invest Now’ button

That’s it! This sums up the investment process. Once your payment is successful, you can see the NJ Mutual Fund reflected in your 5Paisa account in 3-4 working days. If you have selected the SIP option, the chosen amount will get deducted every month starting from the date you have made the payment.

What is the expense ratio of the NJ Balanced Advantage Fund?

An investor in a mutual fund may expect to pay the fund’s manager an annualised percentage of their initial investment, known as the Expense Ratio. Fund returns are affected by the cost ratio, which is expressed as a percentage of the fund’s AUM. If you want to keep more of your money in your pocket, it’s better to invest in a fund with a lower cost ratio.

Who should invest in the NJ Balanced Advantage Fund?

When considering an investment in the NJ Balanced Advantage Fund – Direct Plan, a time horizon of more than 3 years is recommended. This type of fund can be suitable for investors who are seeking a long-term investment.

What are the benefits of investing in the NJ Balanced Advantage Fund?

Investing in the NJ (Nippon India) Balanced Advantage Fund can offer several benefits to investors. As a balanced advantage fund, it invests in both equity and debt instruments, providing investors with the potential for higher returns compared to investing in debt instruments alone.

● Diversification

By investing in a balanced portfolio of equity and debt securities, the fund provides an opportunity for investors to diversify their investments and reduce overall portfolio risk. This is because the equity and debt markets tend to move independently, offering a cushion against market volatility.

● Liquidity

Unlike direct equity investments, the fund provides the advantage of liquidity as units can be easily bought and sold on any business day at the fund’s Net Asset Value (NAV).

● Professional management

The fund is managed by experienced investment professionals who use their expertise to make informed investment decisions on behalf of the fund’s investors. The fund manager continuously monitors the portfolio and makes changes as market conditions warrant, providing the benefit of professional management to individual investors.

Fund Managers

Viral Shah

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

NJ Mutual Fund
AUM:
5,540 Cr
Address:
Unit No. 101A, 1st Floor, Hallmark Business Plaza, Bandra East Mumbai - 400051
Contact:
022 68940000
Email ID:
complianceamc@njgroup.in

More Funds from NJ Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
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Mid Cap Mutual Funds Mid Cap Mutual Funds
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Small Cap Mutual Funds Small Cap Mutual Funds
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Multi Cap Funds Multi Cap Funds
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ELSS Mutual Funds ELSS Mutual Funds
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Dividend Yield Funds Dividend Yield Funds
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Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
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Fund Name
Focused Funds Focused Funds
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debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
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Fund Name
Overnight Mutual Funds Overnight Mutual Funds
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Fund Name
Floater Mutual Funds Floater Mutual Funds
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Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in NJ Balanced Advantage Fund – Direct Growth ?

You can invest in NJ Balanced Advantage Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for NJ Balanced Advantage Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of NJ Balanced Advantage Fund – Direct Growth ?

The NAV of NJ Balanced Advantage Fund – Direct Growth is ₹13.1 as of 18 April 2024.

How to redeem NJ Balanced Advantage Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of NJ Balanced Advantage Fund – Direct Growth?

The minimum SIP amount of NJ Balanced Advantage Fund – Direct Growth is ₹100

What are the top sectors NJ Balanced Advantage Fund – Direct Growth has invested in?

The top sectors NJ Balanced Advantage Fund – Direct Growth has invested in are
  1. IT-Software - 16.39%
  2. Banks - 16.08%
  3. Debt - 13.46%
  4. Aerospace & Defense - 6.31%
  5. Finance - 5.41%

Can I make investments in both the SIP and Lump Sum schemes of NJ Balanced Advantage Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of NJ Balanced Advantage Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have NJ Balanced Advantage Fund – Direct Growth generated ?

The NJ Balanced Advantage Fund – Direct Growth has delivered 11.9% since inception

What is the expense ratio of NJ Balanced Advantage Fund – Direct Growth ?

The expense ratio of NJ Balanced Advantage Fund – Direct Growth is 0.91 % as of 18 April 2024.

What is the AUM of NJ Balanced Advantage Fund – Direct Growth?

The AUM of NJ Balanced Advantage Fund – Direct Growth is ₹5,540 Cr as of 18 April 2024

What are the top stock holdings of NJ Balanced Advantage Fund – Direct Growth?

The top stock holdings of NJ Balanced Advantage Fund – Direct Growth are
  1. HDFC Bank - 8.04%
  2. Hind.Aeronautics - 3.45%
  3. Reliance Industr - 3.17%
  4. Bharat Electron - 3.06%
  5. ITC - 2.86%

How can I redeem my investments in NJ Balanced Advantage Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select NJ Balanced Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now