|Supreme Inds.||Plastic products||Equity||1.82%|
|Tech Mahindra||IT - Software||Equity||1.72%|
|TCS||IT - Software||Equity||1.65%|
|M & M||Automobile||Equity||1.41%|
|TVS Motor Co.||Automobile||Equity||1.35%|
|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%|
|P I Industries||Agro Chemicals||Equity||1.26%|
|GAIL (India)||Gas Distribution||Equity||1.23%|
|Coal India||Mining & Mineral products||Equity||1.22%|
|Siemens||Capital Goods - Electrical Equipment||Equity||1.21%|
|Havells India||Consumer Durables||Equity||1.19%|
|Persistent Sys||IT - Software||Equity||1.19%|
|I O C L||Refineries||Equity||1.17%|
|LTIMindtree||IT - Software||Equity||1.17%|
|Indraprastha Gas||Gas Distribution||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%|
|Page Industries||Readymade Garments/ Apparells||Equity||1.09%|
|Crompton Gr. Con||Consumer Durables||Equity||1.05%|
|Petronet LNG||Gas Distribution||Equity||0.96%|
|Larsen & Toubro||Infrastructure Developers & Operators||Equity||0.48%|
|Kotak Mah. Bank||Banks||Equity||0.43%|
|P & G Hygiene||FMCG||Equity||0.3%|
|Bank of Baroda||Banks||Equity||0.21%|
|Tata Power Co.||Power Generation & Distribution||Equity||0.16%|
|Interglobe Aviat||Air Transport Service||Equity||0.14%|
|St Bk of India||Banks||Equity||0.1%|
|HDFC Life Insur.||Insurance||Equity||0.08%|
|Indian Hotels Co||Hotels & Restaurants||Equity||0.04%|
|Hindalco Inds.||Non Ferrous Metals||Equity||0.02%|
|Dr Reddy's Labs||Pharmaceuticals||Equity||0.01%|
|Samvardh. Mothe.||Auto Ancillaries||Equity||0.01%|
|United Breweries||Alcoholic Beverages||Equity||0.01%|
|Cement & Cement Products||3.37%|
|Fertilisers & Agrochemica||3.37%|
|Pharmaceuticals & Biotech||3.3%|
|Aerospace & Defense||1.38%|
|Agricultural Food & other||1.21%|
|Chemicals & Petrochemical||1.15%|
|Textiles & Apparels||1.03%|
|Cash & Others||0.69%|
|Metals & Minerals Trading||0.37%|
|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|
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
|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.
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.
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 Name
- Fund Size
- 3Y Returns
- HDFC Balanced Advantage Fund – Direct Growth
28.5%Fund Size - 61,598
30.8%Fund Size - 61,598
16.8%Fund Size - 61,598
- Edelweiss Balanced Advantage Fund – Dir Growth
15%Fund Size - 9,394
16.6%Fund Size - 9,394
13.6%Fund Size - 9,394
- Aditya Birla SL Balanced Advantage Fund-Dir Growth
15.1%Fund Size - 6,794
16.2%Fund Size - 6,794
11.9%Fund Size - 6,794
- Nippon India Balanced Advantage Fund – Direct Growth
13.7%Fund Size - 6,956
16%Fund Size - 6,956
11.7%Fund Size - 6,956
- ICICI Pru Balanced Advantage Fund – Dir Growth
13.8%Fund Size - 49,102
15.9%Fund Size - 49,102
12.3%Fund Size - 49,102
Frequently Asked Questions
How to invest in NJ Balanced Advantage Fund – Direct Growth ?
- 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 ?
How to redeem NJ Balanced Advantage Fund – Direct Growth holding ?
What is the minimum sip amount of NJ Balanced Advantage Fund – Direct Growth?
What are the top sectors NJ Balanced Advantage Fund – Direct Growth has invested in?
- Debt - 19.13%
- Banks - 14.91%
- IT-Software - 8.92%
- Consumer Durables - 6.1%
- Automobiles - 5.89%
Can I make investments in both the SIP and Lump Sum schemes of NJ Balanced Advantage Fund – Direct Growth?
How much returns have NJ Balanced Advantage Fund – Direct Growth generated ?
What is the expense ratio of NJ Balanced Advantage Fund – Direct Growth ?
What is the AUM of NJ Balanced Advantage Fund – Direct Growth?
What are the top stock holdings of NJ Balanced Advantage Fund – Direct Growth?
How can I redeem my investments in NJ Balanced Advantage Fund – Direct Growth?
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.