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3 star

Nippon India Balanced Advantage Fund - Direct Plan download report


1 Lakh

Investment Grown to
₹ 1.46 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.49 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years."

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Nippon India Balanced Advantage Direct-G 4.71 0.47 1.34 5.83 8.44 5.26 7.04 13.55 10.04 9.70 --
VR Balanced TRI 2.81 0.19 1.61 9.23 11.26 2.63 8.76 16.01 12.81 11.73 --
Hybrid: Dynamic Asset Allocation 3.02 0.49 1.19 6.12 7.87 3.75 7.04 13.58 9.13 9.54 --
Rank within category 5 16 10 15 8 3 10 11 -- -- --
Number of funds in category 26 28 27 27 27 27 23 20 13 10 0

As on 16-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Balanced Advantage Fund - Direct Plan  | Invest Online
3 star
Jan-13 7.04 13.55 10.04 0.70 6,417
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 9.68 14.28 10.98 0.95 41,742
ICICI Prudential Asset Allocator Fund (FOF) - Direct Plan  | Invest Now
4 star
Jan-13 8.65 14.77 11.97 0.13 16,869
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Aug-18 7.24 13.68 -- 0.49 14,157
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 6.25 17.64 12.64 0.47 8,458

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.61 25-Feb-2016 - 03-Mar-2016 -11.09 16-Mar-2020 - 23-Mar-2020
Month 18.10 07-May-2014 - 06-Jun-2014 -21.80 20-Feb-2020 - 23-Mar-2020
Quarter 23.34 21-Feb-2014 - 23-May-2014 -19.94 23-Dec-2019 - 23-Mar-2020
Year 58.68 13-Feb-2014 - 13-Feb-2015 -19.67 27-Feb-2015 - 29-Feb-2016

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Nippon India Balanced Advantage Direct-G 12.74 12.80 0.72 0.72 0.67 1.10
VR Balanced TRI 15.74 18.34 0.67 0.80 -- --
Hybrid: Dynamic Asset Allocation 12.76 12.47 0.76 0.94 0.62 1.64
Rank within category 12 11 12 17 14 14
Number of funds in category 22 22 22 22 22 22

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 61
Top 10 Holdings (%) 33.18
Top 5 Holdings (%) 22.54
Top 3 Sectors (%) 26.83
Portfolio P/B Ratio 3.05
Portfolio P/E Ratio 18.69
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.13% GOI 21/09/2022 Central Government Loan SOV 0.00 - 2.41 2.19
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 2.42 1.95
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 1.77 1.48
up 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 2.03 1.34
up GOI 2028 GOI Securities SOV 0.00 - 1.00 1.00
equal 8.20% GOI 24/09/2025 Central Government Loan SOV 0.00 - 0.88 0.81
new 7.61% LIC Housing Fin. 30/07/2025 Debenture AAA 0.00 - 0.78 0.78
new 7.54% GOI 23/05/2036 GOI Securities SOV 0.00 - 0.78 0.78
down 5.74% REC 20/06/2024 Debenture AAA 0.76 - 1.60 0.76
equal Reserve Bank of India 182-D 29/12/2022 Treasury Bills SOV 0.00 - 0.80 0.76
equal Vedanta 280-D 07/03/2023 Commercial Paper A1+ 0.00 - 0.78 0.75
down 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 2.34 0.74
equal 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 0.85 0.71
equal 7.05% Embassy Office Parks REIT 18/10/2026 Non Convertible Debenture AAA 0.00 - 0.85 0.69
equal 7.40% Summit Digitel Infrastructure 28/09/2028 Debenture AAA 0.00 - 0.94 0.68
equal 7.25% India Grid Trust 27/06/2025 Non Convertible Debenture AAA 0.62 - 0.95 0.62
equal 6.70% G R Infraprojects 27/12/2024 Non Convertible Debenture AA 0.00 - 0.77 0.61
equal 7.04% Tamilnadu State 2030 State Development Loan SOV 0.00 - 0.63 0.54
equal 5.14% National Bank Agr. Rur. Devp 21-D 31/01/2024 Debenture AAA 0.00 - 0.56 0.53
equal 8.05% Summit Digitel Infrastructure 31/05/2027 Debenture AAA 0.00 - 0.49 0.47
equal 8.97% Uttar Pradesh Power Corporation 15/02/2024 Bonds AA 0.47 - 0.72 0.47
equal 7.50% Max Life Insurance 2031 Non Convertible Debenture AA+ 0.45 - 0.69 0.45
equal 7.70% Larsen & Toubro 28/04/2025 Debenture AAA 0.39 - 0.62 0.39
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 1.47 0.39
new 7.60% Poonawalla Fincorp 19/07/2024 Non Convertible Debenture AA+ 0.00 - 0.39 0.39

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up ICICI Bank Financial 22.17 6.62 3.80 6.62
up HDFC Bank Financial 21.12 6.94 3.71 5.05
up Infosys Technology 30.35 6.25 3.33 4.51
equal State Bank of India Financial 13.34 3.56 0.12 3.56
up Reliance Industries Energy 27.16 6.54 2.60 2.80
equal ITC Consumer Staples 23.72 2.85 1.58 2.51
equal Axis Bank Financial 14.69 2.93 1.76 2.25
equal Bharti Airtel Communication 77.06 2.07 1.07 1.74
equal Larsen & Toubro Construction 28.35 1.74 0.00 1.74
equal NTPC Energy 9.51 1.63 0.00 1.63
equal Mahindra & Mahindra Automobile 18.98 1.48 0.00 1.39
up Tech Mahindra Technology 20.10 1.60 0.98 1.37
up SBI Cards & Payments Services Financial 48.71 1.32 0.00 1.32
equal SBI Life Insurance Company Insurance 84.46 1.23 0.00 1.23
up Tata Steel Metals & Mining 3.52 1.36 0.00 1.18
up Sun Pharmaceutical Industries Healthcare 56.80 1.26 0.40 1.18
equal HCL Technologies Technology 19.59 1.63 0.00 1.16
equal Tata Motors Automobile -- 1.14 0.00 1.14
equal United Spirits Consumer Staples 56.38 1.13 0.00 1.08
down Oil & Natural Gas Corporation Energy 3.41 1.53 0.00 0.94
equal Fortis Healthcare Healthcare 53.53 1.04 0.61 0.93
equal Siemens Capital Goods 84.68 0.92 0.00 0.92
up Godrej Consumer Products Consumer Staples 53.08 0.92 0.00 0.92
equal Bharat Electronics Capital Goods 25.93 0.91 0.00 0.91
equal Hero Motocorp Automobile 21.96 0.92 0.00 0.90

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2022

Fund Manager

— Manish Gunwani since 07-May-2018

Education: Mr. Gunwani is a B.Tech. and PGDM.

Experience: Prior to joining Nippon India Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.

Funds Managed:

— Amar Kalkundrikar since 20-Oct-2020

Education: Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.

Experience: Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.

Funds Managed:

— Ashutosh Bhargava since 07-May-2018

Education: Mr. Bhargava is B.Com & MBA (Finance)

Experience: Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.

Funds Managed:

— Sushil Budhia since 31-Mar-2021

Education: Mr. Budhia has done CA

Experience: Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.

Funds Managed:


0.47%

Change from previous, NAV as on 16-Aug-2022

Growth: ₹ 137.5177

IDCW: ₹ 37.2472


Investment Strategy

The scheme seeks to capitalize on the potential upside in equity markets while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives.

Investment Details

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 60
Min. Withdrawal (₹) 100
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 12.16%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 6,417 Cr (As on 31-Jul-2022)
Expense Ratio: 0.70% (As on 31-Jul-2022)
Risk Grade: Above Average
Return Grade: Average
Turnover: 315.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW12-Aug-20220.1500

 12-Jul-20220.1500
 13-Jun-20220.1500
 12-May-20220.1500
 12-Apr-20220.1500
 14-Mar-20220.1500
 14-Feb-20220.1500
 12-Jan-20220.1500
 13-Dec-20210.1500
 12-Nov-20210.1500
 12-Oct-20210.1500
 13-Sep-20210.1500
 12-Aug-20210.1500
 12-Jul-20210.1500
 14-Jun-20210.1500
 12-May-20210.1500
 12-Apr-20210.1500
 12-Mar-20210.1500
 12-Feb-20210.1500
 12-Jan-20210.1500
 14-Dec-20200.1500
 12-Nov-20200.1500
 12-Oct-20200.1500
 14-Sep-20200.1500
 12-Aug-20200.1500

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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