NJ Balanced Advantage Fund – Direct Growth

500
Min SIP
500
Min Lumpsum
0.58 %
Expense Ratio
Rating
3,675
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 15 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 12.8% - - 7%
Category Average 14.7% 21.7% 13.9% -

Scheme Allocation

By Holding
By Sector
By Asset
6.59%
5.13%
2.12%
Others
81.24%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 6.59%
ICICI Bank Banks Equity 5.13%
IndusInd Bank Banks Equity 3.1%
REC Ltd Finance Equity 2.12%
Supreme Inds. Plastic products Equity 1.82%
Power Fin.Corpn. Finance Equity 1.76%
Tech Mahindra IT - Software Equity 1.72%
TCS IT - Software Equity 1.65%
ITC Tobacco Products Equity 1.64%
Grasim Inds Textiles Equity 1.44%
M & M Automobile Equity 1.41%
Bharat Electron Electronics Equity 1.4%
Bajaj Auto Automobile Equity 1.37%
TVS Motor Co. Automobile Equity 1.35%
Varun Beverages FMCG Equity 1.33%
Colgate-Palmoliv FMCG Equity 1.32%
Mphasis IT - Software Equity 1.31%
Titan Company Diamond, Gems and Jewellery Equity 1.31%
NTPC Power Generation & Distribution Equity 1.29%
Infosys IT - Software Equity 1.29%
Berger Paints Paints/Varnish Equity 1.27%
Coromandel Inter Fertilizers Equity 1.27%
Maruti Suzuki Automobile Equity 1.27%
P I Industries Agro Chemicals Equity 1.26%
GAIL (India) Gas Distribution Equity 1.23%
Torrent Pharma. Pharmaceuticals Equity 1.23%
Coal India Mining & Mineral products Equity 1.22%
Marico FMCG Equity 1.22%
Asian Paints Paints/Varnish Equity 1.21%
Siemens Capital Goods - Electrical Equipment Equity 1.21%
Havells India Consumer Durables Equity 1.19%
Persistent Sys IT - Software Equity 1.19%
Nestle India FMCG Equity 1.18%
I O C L Refineries Equity 1.17%
LTIMindtree IT - Software Equity 1.17%
Pidilite Inds. Chemicals Equity 1.15%
Britannia Inds. FMCG Equity 1.14%
Hind. Unilever FMCG Equity 1.13%
Indraprastha Gas Gas Distribution Equity 1.12%
UltraTech Cem. Cement Equity 1.12%
B P C L Refineries Equity 1.12%
HCL Technologies IT - Software Equity 1.11%
Power Grid Corpn Power Generation & Distribution Equity 1.11%
Alkem Lab Pharmaceuticals Equity 1.1%
Page Industries Readymade Garments/ Apparells Equity 1.09%
Godrej Consumer FMCG Equity 1.06%
Crompton Gr. Con Consumer Durables Equity 1.05%
Dabur India FMCG Equity 1.04%
UPL Agro Chemicals Equity 0.98%
Petronet LNG Gas Distribution Equity 0.96%
Sun Pharma.Inds. Pharmaceuticals Equity 0.84%
Tata Steel Steel Equity 0.55%
Reliance Industr Refineries Equity 0.54%
ACC Cement Equity 0.5%
Tata Motors Automobile Equity 0.48%
Larsen & Toubro Infrastructure Developers & Operators Equity 0.48%
Kotak Mah. Bank Banks Equity 0.43%
Zee Entertainmen Entertainment Equity 0.4%
Adani Enterp. Trading Equity 0.38%
Ambuja Cements Cement Equity 0.37%
Bajaj Finance Finance Equity 0.36%
P & G Hygiene FMCG Equity 0.3%
Bank of Baroda Banks Equity 0.21%
Sundaram Finance Finance Equity 0.2%
Federal Bank Banks Equity 0.2%
Punjab Natl.Bank Banks Equity 0.18%
Tata Power Co. Power Generation & Distribution Equity 0.16%
Interglobe Aviat Air Transport Service Equity 0.14%
Canara Bank Banks Equity 0.12%
St Bk of India Banks Equity 0.1%
HDFC Life Insur. Insurance Equity 0.08%
Indian Hotels Co Hotels & Restaurants Equity 0.04%
JSW Steel Steel Equity 0.02%
Hindalco Inds. Non Ferrous Metals Equity 0.02%
Manappuram Fin. Finance Equity 0.01%
Hero Motocorp Automobile Equity 0.01%
Dr Reddy's Labs Pharmaceuticals Equity 0.01%
India Cements Cement Equity 0.01%
Samvardh. Mothe. Auto Ancillaries Equity 0.01%
United Breweries Alcoholic Beverages Equity 0.01%
Apollo Hospitals Healthcare Equity 0%
Glenmark Pharma. Pharmaceuticals Equity 0%
Debt
19.13%
Banks
14.91%
IT-Software
8.92%
Consumer Durables
6.1%
Automobiles
5.89%
Others
45.05%
View all Sectors
Sectors Asset
Debt 19.13%
Banks 14.91%
IT-Software 8.92%
Consumer Durables 6.1%
Automobiles 5.89%
Finance 4.34%
Personal Products 3.86%
Gas 3.45%
Cement & Cement Products 3.37%
Fertilisers & Agrochemica 3.37%
Pharmaceuticals & Biotech 3.3%
Diversified FMCG 2.86%
Power 2.65%
Petroleum Products 2.58%
Food Products 2.44%
Industrial Products 1.46%
Aerospace & Defense 1.38%
Electrical Equipments 1.24%
Agricultural Food & other 1.21%
Beverages 1.21%
Chemicals & Petrochemical 1.15%
Consumable Fuels 1.11%
Textiles & Apparels 1.03%
Construction 0.89%
Cash & Others 0.69%
Ferrous Metals 0.54%
Metals & Minerals Trading 0.37%
Entertainment 0.27%
Telecom-Services 0.13%
Insurance 0.08%
Leisure Services 0.03%
Non-Ferrous Metals 0.02%
Auto Components 0.01%
Healthcare Services 0.01%
Equity
82.09%
T-Bills
8.08%
Govt Securities / Sovereign
4.51%
Reverse Repos
4.13%
Net Curr Ass/Net Receivables
1.21%

Advance Ratio

-
Alpha
-
SD
-
Beta
-
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:
4,361 Cr
Address:
Unit No. 101A, 1st Floor, Hallmark Business Plaza, Bandra East Mumbai - 400051
Contact:
022 68940000
Email ID:
complianceamc@njgroup.in

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 ₹10.7 as of 15 September 2023.

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 ₹500

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. Debt - 19.13%
  2. Banks - 14.91%
  3. IT-Software - 8.92%
  4. Consumer Durables - 6.1%
  5. Automobiles - 5.89%

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 7% 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 0.58 % as of 15 September 2023.

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

The AUM of NJ Balanced Advantage Fund – Direct Growth is ₹4,361 Cr as of 15 September 2023

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 - 6.59%
  2. ICICI Bank - 5.13%
  3. IndusInd Bank - 3.1%
  4. REC Ltd - 2.12%
  5. Supreme Inds. - 1.82%

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