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Unrated

Nippon India Balanced Advantage Fund - Direct Plan

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Hybrid: Dynamic Asset Allocation

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1 Lakh

Investment Grown to
₹ 1.20 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.36 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: 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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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
Fund 0.41 -0.75 -1.68 1.05 11.08 15.83 11.29 6.32 12.84 13.92 --
VR Balanced TRI -0.05 -1.63 -3.96 1.41 14.89 21.78 15.03 9.08 13.52 12.76 --
Hybrid: Dynamic Asset Allocation 0.38 -0.72 -1.77 1.20 9.07 13.68 12.25 7.42 10.25 11.85 --
Rank within category 9 16 14 14 6 9 15 -- -- -- --
Number of funds in category 25 25 25 25 25 25 24 16 12 6 0

As on 27-Jan-2021

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
Unrated
 Jan-13 11.29 6.32 12.84 1.11 2,885
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
 Jan-13 11.62 8.99 12.26 1.19 28,546
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
 Jan-13 14.83 8.80 13.25 0.93 2,596
DSP Dynamic Asset Allocation Fund - Direct Plan  | Invest Online
4 star
 Feb-14 13.37 9.98 11.09 0.37 2,251
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
 Jan-13 22.34 11.16 12.48 0.59 2,221

Best & Worst Performance

Best (Period) Worst (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
Fund 8.55 13.83 0.27 0.29 0.72 -1.38
VR Balanced TRI 11.89 18.30 0.39 0.46 -- --
Hybrid: Dynamic Asset Allocation 7.87 12.41 0.26 0.30 0.62 -1.32
Rank within category 9 11 10 10 13 11
Number of funds in category 17 17 17 17 17 17

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

As on 31-Dec-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Top 10 Holdings (%) 42.49
Top 5 Holdings (%) 28.61
Top 3 Sectors (%) 38.75
Portfolio P/B Ratio 2.63
Portfolio P/E Ratio 23.92
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 9.50% Nirma Non Convertible Debenture AA- 1.52 - 4.61 4.24
equal Indian Receivable Trust 25/09/2026 Securitised Debt A 1.45 - 2.93 2.27
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.00 - 1.98 1.78
equal 9.25% Muthoot Fincorp 21/05/2023 Non Convertible Debenture AA+ 0.00 - 1.86 1.77
equal 8.31% Telangana State 13/01/2026 State Development Loan SOV 0.00 - 1.20 1.16
equal ICICI Prudential Life Insurance Co. Ltd. Debenture AAA 0.00 - 1.05 1.04
equal 5.35% Hindustan Zinc 29/09/2023 Zero Coupon Bonds AAA 0.00 - 0.91 0.88
equal 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 0.00 - 0.89 0.87
equal 5.85% REC 20/12/2025 Non Convertible Debenture AAA 0.00 - 0.88 0.87
equal 8.20% Aadhar Housing Finance 2023 Non Convertible Debenture AA 0.00 - 0.73 0.70
equal 5.83% State Bank of India 26/10/2030 Debenture AAA 0.00 - 0.72 0.70
new 5.75% Bharat Oman Refineries 15/12/2023 Debenture AA+ 0.00 - 0.52 0.52
equal 8.45% REC 22/03/2022 Debenture AAA 0.41 - 0.47 0.42
equal 8.20% HDFC 29/07/2021 Debenture AAA 0.00 - 0.20 0.18
equal 8.30% Reliance Industries 2022 Debenture AAA 0.12 - 0.13 0.12
equal 8.83% REC 21/01/2022 Non Convertible Debenture AAA 0.01 - 0.21 0.01
equal Others Margin Money -- - 0.00

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
equal Infosys Technology 29.80 6.25 3.07 6.25
down HDFC Bank Financial 25.31 10.64 4.85 6.23
down ICICI Bank Financial 25.91 6.04 0.00 6.04
up Reliance Industries Energy 30.33 6.54 0.00 4.66
equal Axis Bank Financial 54.52 2.84 0.00 2.68
equal ITC FMCG 18.91 5.26 0.00 2.35
down Cholamandalam Financial Holdings Financial 12.73 2.74 0.00 2.34
up Hindustan Unilever FMCG 80.10 2.07 0.00 2.07
equal State Bank of India Financial 10.48 3.54 0.12 1.74
equal Bharti Airtel Communication -- 2.41 0.00 1.64
down Kotak Mahindra Bank Financial 37.57 4.49 0.00 1.45
equal Aditya Birla Fashion and Retail Services -- 1.39 0.00 1.39
equal Bharat Forge Automobile -- 1.37 0.00 1.37
equal Cipla Healthcare 36.92 2.07 0.00 1.35
equal Tech Mahindra Technology 24.20 2.95 0.00 1.30
equal HCL Technologies Technology 19.62 4.03 0.00 1.27
equal Sun Pharmaceutical Inds. Healthcare 92.97 1.26 0.00 1.26
equal Vardhman Textiles Textiles 19.54 1.20 0.00 1.20
down Cyient Technology 22.93 1.13 0.00 1.10
down Varun Beverages FMCG 89.83 1.57 0.00 1.07
equal HDFC Financial 27.47 5.41 0.74 1.07
equal ACC Construction 24.99 3.83 0.74 1.03
equal Ashok Leyland Automobile -- 1.00 0.00 1.00
equal Sanofi India Healthcare 40.82 1.01 0.00 0.95
equal Indian Energy Exchange Financial 38.27 0.94 0.00 0.94

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-Dec-2020

Fund Manager

— Ashutosh Bhargava since 07-May-2018

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

Experience: He had worked with Reliance AMC as deputy investment strategist, investment strategist & Fund Manager. He had also worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd as Economist.

Funds Managed:

— Manish Gunwani since 07-May-2018

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

Experience: Prior to joining Reliance 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:

— Prashant R Pimple since 01-Feb-2020

Education: Mr. Pimple is a MBA (Finance) and CTM.

Experience: Prior to joining Reliance Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.

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:

Invest Online
-0.75%

Change from previous, NAV as on 27-Jan-2021

Growth: ₹ 112.3434

Dividend: ₹ 32.9424

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

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 60
Minimum Withdrawal (₹) 100
Minimum Balance (₹) --
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: 11.83%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,885 Cr (As on 31-Dec-2020)
Expense: 1.11% (As on 31-Dec-2020)
Risk Grade: --
Return Grade: --
Turnover: 307.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend12-Jan-20210.1500

 14-Dec-20200.1500
 12-Nov-20200.1500
 12-Oct-20200.1500
 14-Sep-20200.1500
 12-Aug-20200.1500
 13-Jul-20200.1500
 12-Jun-20200.1500
 12-May-20200.1500
 23-Mar-20200.1594
 24-Feb-20200.1594
 27-Jan-20200.1594
 23-Dec-20190.1594
 25-Nov-20190.1594
 29-Oct-20190.1594
 24-Sep-20190.1594
 26-Aug-20190.1594
 22-Jul-20190.1594
 24-Jun-20190.1594
 27-May-20190.1594
 18-Apr-20190.1594
 25-Mar-20190.1594
 25-Feb-20190.1594
 24-Jan-20190.1594
 24-Dec-20180.1594

Contact Information

AMC: Nippon India Life Asset Management Ltd.

Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055

Phone: 022-68334800 / 18602660111

Fax: 022-33037662

Email: [email protected]

Website: http://www.nipponindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt 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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