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4 star

Nippon India Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.45 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.57 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
Fund 16.58 -0.30 0.15 -1.56 -0.25 6.17 20.92 13.21 13.52 10.00 --
VR Balanced TRI 21.24 -1.03 0.87 -3.01 -0.30 9.26 27.94 16.15 15.71 11.12 --
Hybrid: Dynamic Asset Allocation 16.01 -0.31 0.36 -1.18 1.07 7.34 19.54 12.51 10.95 9.52 --
Rank within category 8 15 23 22 24 15 8 9 -- -- --
Number of funds in category 25 29 29 28 26 26 25 18 12 10 0

As on 03-Dec-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
4 star
Jan-13 20.92 13.21 13.52 0.60% 5,130
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 18.30 13.42 12.52 1.00% 36,816
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Aug-18 17.22 14.30 -- 0.45% 11,813
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 24.41 17.68 15.76 0.45% 6,331
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 17.72 13.57 11.86 0.59% 6,124

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
Fund 13.30 12.70 0.75 0.73 0.68 1.00
VR Balanced TRI 16.35 17.90 0.70 0.83 -- --
Hybrid: Dynamic Asset Allocation 12.60 12.26 0.72 0.80 0.63 0.95
Rank within category 10 11 10 12 12 11
Number of funds in category 19 19 19 19 19 19

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 69
Top 10 Holdings (%) 32.58
Top 5 Holdings (%) 20.82
Top 3 Sectors (%) 29.91
Portfolio P/B Ratio 3.18
Portfolio P/E Ratio 21.65
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 8.35% GOI 2022 GOI Securities SOV 0.00 - 3.70 2.49
up 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 2.42 2.42
up 8.15% GOI 2022 Central Government Loan SOV 0.00 - 1.50 1.50
equal 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 1.86 1.47
equal 8.85% Power Finance Corporation 25/05/2029 Bonds/NCDs AAA 0.00 - 1.94 1.08
equal 6.79% GOI 26/12/2029 GOI Securities SOV 0.00 - 2.78 1.00
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 1.00 - 1.80 1.00
equal 5.74% REC 20/06/2024 Debenture AAA 0.00 - 1.35 0.98
equal 6.44% HDFC Bank 27/09/2028 Non Convertible Debenture AAA 0.00 - 1.04 0.97
equal 7.40% Summit Digitel Infrastructure 28/09/2028 Debenture AAA 0.00 - 0.94 0.87
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 1.02 0.80
equal 7.25% India Grid Trust 27/06/2025 Non Convertible Debenture AAA 0.00 - 1.15 0.80
new 6.70% G R Infraprojects 27/12/2024 Non Convertible Debenture AA 0.00 - 0.77 0.77
equal 7.42% Union Bank of India Additional Tier 2 Bond AA+ 0.00 - 0.95 0.69
equal 8.97% Uttar Pradesh Power Corporation 15/02/2024 Bonds AA 0.00 - 0.89 0.60
equal 7.50% Max Life Insurance 2031 Non Convertible Debenture AA+ 0.00 - 0.69 0.59
equal ICICI Prudential Life Insurance Co. Ltd. Debenture AAA 0.58 - 1.05 0.58
equal 7.70% Larsen & Toubro 28/04/2025 Debenture AAA 0.00 - 0.62 0.52
equal 7.25% Punjab National Bank Additional Tier 2 Bond AA+ 0.00 - 0.88 0.49
new 5.35% Telesonic Network 28/04/2023 Debenture AA+ 0.00 - 0.49 0.49
new 6.25% Embassy Office Parks REIT 18/10/2024 Debenture AAA 0.00 - 0.49 0.49
equal 8.20% Aadhar Housing Finance 2023 Non Convertible Debenture AA 0.40 - 0.71 0.40
down 9.50% Nirma Perpetual Bond AA- 0.40 - 4.29 0.40
equal 7.10% Muthoot Finance 20/06/2024 Non Convertible Debenture AA+ 0.00 - 0.47 0.40
equal 5.35% Hindustan Zinc 29/09/2023 Zero Coupon Bonds AAA 0.39 - 0.89 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 23.44 6.29 2.98 6.29
equal Infosys Technology 34.93 6.25 3.33 4.48
equal HDFC Bank Financial 24.50 6.94 4.10 4.10
equal Reliance Industries Energy 31.17 6.54 3.12 3.12
up State Bank of India Financial 14.74 3.54 0.12 2.40
up Hindustan Unilever FMCG 65.71 2.85 0.00 2.23
up Axis Bank Financial 20.63 2.93 1.76 2.21
up ITC FMCG 19.14 2.85 1.58 2.00
up Larsen & Toubro Construction 28.92 1.97 0.00 1.63
up HDFC Financial 24.08 2.52 0.69 1.61
equal Bharti Airtel Communication 139.49 2.07 0.75 1.39
up HCL Technologies Technology 27.55 1.48 0.00 1.37
equal Cholamandalam Financial Holdings Financial 16.63 2.74 0.00 1.19
up NTPC Energy 9.21 1.42 0.00 1.17
up Bharat Petroleum Corporation Energy 4.67 1.63 0.00 1.13
equal Tech Mahindra Technology 30.54 1.60 0.98 1.12
equal SBI Life Insurance Company Insurance 93.57 1.16 0.00 1.02
equal Wipro Technology 28.98 1.20 0.00 0.99
equal United Breweries FMCG 119.51 0.99 0.00 0.94
equal SBI Cards & Payments Services Financial 89.86 0.90 0.00 0.85
equal Hindalco Inds. Metals 9.54 0.95 0.00 0.75
equal Bharat Electronics Engineering 21.93 0.90 0.00 0.75
equal Fortis Healthcare Healthcare 48.54 1.04 0.00 0.74
up United Spirits FMCG 77.06 0.76 0.00 0.69
equal AU Small Finance Bank Financial 31.52 1.12 0.00 0.69

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-Oct-2021

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:


-0.30%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 130.4439

IDCW: ₹ 36.6752


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 (₹) --
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: 12.51%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: High
Type: Open-ended
Assets: ₹ 5,130 Cr (As on 31-Oct-2021)
Expense: 0.60% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 368.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW12-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
 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

Contact Information

AMC: Nippon Life India Asset Management Ltd.

Address: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai - 400013

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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