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Unrated

Nippon India Balanced Advantage Fund - Direct Plan


Hybrid: Dynamic Asset Allocation

1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.87 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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(₹)
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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 -1.19 0.59 1.87 3.46 13.22 -2.90 4.16 5.29 6.38 13.27 --
VR Balanced TRI -4.75 0.40 2.89 3.98 18.21 -4.05 3.24 6.15 7.13 11.16 --
Hybrid: Dynamic Asset Allocation 1.80 0.40 1.92 3.25 13.60 -0.13 7.79 5.42 6.77 11.34 --
Rank within category 20 5 12 11 13 21 19 -- -- -- --
Number of funds in category 23 25 25 25 25 24 23 15 12 6 0

As on 10-Aug-2020

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 4.16 5.29 6.38 0.78 2,876
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 6.91 6.96 8.38 1.17 26,139
DSP Dynamic Asset Allocation Fund - Direct Plan  | Invest Online
5 star
Feb-14 10.13 7.32 8.50 0.54 1,418
IDFC Dynamic Equity Fund - Direct Plan
4 star
Oct-14 12.74 8.47 7.65 1.01 929
L&T Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 12.46 8.43 6.19 1.18 681

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 4.60 13.33 -0.05 -0.05 0.73 -1.43
VR Balanced TRI 6.33 17.40 0.06 0.07 -- --
Hybrid: Dynamic Asset Allocation 4.81 12.05 -0.03 -0.02 0.63 -1.11
Rank within category 11 12 10 10 13 11
Number of funds in category 16 16 16 16 16 16

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

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Holdings (%) 38.61
Top 5 Holdings (%) 26.61
Top 3 Sectors (%) 31.74
Portfolio P/B Ratio 2.11
Portfolio P/E Ratio 20.25

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- 0.00 - 4.61 4.28
equal India Infradebt 19/11/2025 Non Convertible Debenture AAA 0.00 - 2.79 2.72
equal Indian Receivable Trust 25/09/2026 Securitised Debt A 0.00 - 2.93 2.67
equal Embassy Office Parks REIT 2022 Zero Coupon Bonds AAA 0.00 - 2.04 1.89
equal 9.25% Muthoot Fincorp 21/05/2023 Non Convertible Debenture AA+ 0.00 - 1.86 1.76
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.00 - 1.98 1.76
equal 10.25% Shriram Transport Finance 27/12/2024 Non Convertible Debenture AA+ 0.00 - 2.23 1.72
equal 9.20% Vedanta 2022 Non Convertible Debenture AA 0.00 - 1.98 1.57
equal REC 13/12/2022 Debenture AAA 0.00 - 2.97 1.45
equal 8.12% Nabha Power 23/06/2021 Non Convertible Debenture AAA 0.86 - 1.08 0.89
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 0.61 0.55
equal 8.45% REC 22/03/2022 Debenture AAA 0.41 - 0.52 0.43
equal 8.83% REC 21/01/2022 Non Convertible Debenture AAA 0.18 - 0.23 0.19
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 - 4.79 0.12
equal 7.77% PNB Housing Finance 25/09/2020 Bonds AA 0.00 - 0.05 0.05

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 Reliance Industries Energy 33.97 6.54 0.00 6.54
equal HDFC Bank Financial 20.60 10.64 4.85 5.71
down Infosys Technology 23.72 5.33 2.99 5.33
equal ICICI Bank Financial 23.40 5.03 0.00 4.75
equal ITC FMCG 17.33 5.26 0.00 2.59
up Axis Bank Financial 81.06 2.84 0.00 2.12
equal Cholamandalam Financial Holdings Financial 11.50 1.79 0.00 1.79
equal Bharti Airtel Communication -- 2.41 0.00 1.31
down Tech Mahindra Technology 16.12 2.95 0.00 1.30
down Varun Beverages FMCG 98.78 1.57 0.00 1.22
equal Kotak Mahindra Bank Financial 31.72 4.49 0.00 1.22
down HCL Technologies Technology 15.78 4.03 0.00 1.22
equal Lupin Healthcare -- 1.18 0.00 1.16
equal Hindustan Unilever FMCG 75.78 1.39 0.00 1.15
equal BPCL Energy 30.48 1.12 0.00 1.12
down Aditya Birla Fashion and Retail Services -- 1.28 0.00 1.05
up Bharat Forge Automobile 54.96 1.29 0.00 1.00
equal ACC Construction 22.65 4.15 0.74 0.99
equal Muthoot Finance Financial 15.00 1.56 0.00 0.99
down Tata Power Energy 13.81 1.54 0.00 0.95
equal Cipla Healthcare 38.14 2.07 0.00 0.94
equal L&T Technology Services Engineering 22.75 0.90 0.00 0.90
equal NLC India Energy 4.81 0.94 0.00 0.90
down Sun Pharmaceutical Inds. Healthcare 179.84 1.23 0.00 0.89
equal Phoenix Mills Construction 57.51 0.81 0.00 0.81

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-2020

*As on 30-Jun-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:


0.59%

Change from previous, NAV as on 10-Aug-2020

Growth: ₹ 98.0643

Dividend: ₹ 29.6000


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: 10.60%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,876 Cr (As on 31-Jul-2020)
Expense: 0.78% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --
Turnover: 381.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend13-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
 26-Nov-20180.1594
 25-Oct-20180.1594
 26-Sep-20180.1594
 24-Aug-20180.1594
 25-Jul-20180.1594
 25-Jun-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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