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3 star

Nippon India Balanced Advantage Fund download report


1 Lakh

Investment Grown to
₹ 1.26 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.15 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-G -3.36 -0.03 0.46 -1.49 -3.48 -3.36 1.44 8.12 7.75 7.88 12.11
VR Balanced TRI -7.50 -0.16 0.33 -3.92 -8.23 -7.50 1.78 10.21 10.90 9.96 11.83
Hybrid: Dynamic Asset Allocation -4.96 0.05 0.41 -2.26 -5.27 -4.96 0.89 8.65 6.92 7.55 10.53
Rank within category 8 20 13 4 5 8 7 12 -- -- --
Number of funds in category 28 29 29 29 29 28 25 21 13 11 6

As on 01-Jul-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  | Invest Online
3 star
Nov-04 1.44 8.12 7.75 1.94% 6,062
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 5.60 10.47 9.49 1.62% 40,146
ICICI Prudential Asset Allocator (FOF) Fund  | Invest Now
4 star
Dec-03 5.62 11.49 10.37 1.37% 15,824
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Aug-18 0.76 9.13 -- 1.72% 13,667
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 0.63 12.01 9.90 1.82% 8,046

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 21.56 27-Oct-2008 - 04-Nov-2008 -20.09 15-Jan-2008 - 22-Jan-2008
Month 37.12 11-May-2009 - 10-Jun-2009 -31.93 24-Sep-2008 - 24-Oct-2008
Quarter 94.54 09-Mar-2009 - 10-Jun-2009 -36.21 02-Sep-2008 - 02-Dec-2008
Year 130.16 05-Mar-2009 - 05-Mar-2010 -58.82 03-Dec-2007 - 02-Dec-2008

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Nippon India Balanced Advantage-G 9.27 12.71 0.45 0.44 0.67 -0.54
VR Balanced TRI 12.85 17.98 0.52 0.62 -- --
Hybrid: Dynamic Asset Allocation* 9.18 12.49 0.47 0.57 0.63 0.56
Rank within category* 12 12 13 15 13 15
Number of funds in category* 21 21 21 21 21 21

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

As on 31-May-2022

* As on 30-Jun-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 67
Top 10 Holdings (%) 31.80
Top 5 Holdings (%) 21.09
Top 3 Sectors (%) 25.50
Portfolio P/B Ratio 2.91
Portfolio P/E Ratio 17.27
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 2.33
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 2.42 2.05
equal 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 1.60 1.56
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 1.77 1.56
equal 8.15% GOI 2022 Central Government Loan SOV 0.54 - 1.50 1.24
equal Vedanta 183-D 21/10/2022 Commercial Paper A1+ 0.00 - 1.13 1.12
equal 7.10% HDFC ERGO General Insurance 2031 Non Convertible Debenture AAA 0.00 - 1.14 0.94
equal 8.20% GOI 24/09/2025 Central Government Loan SOV 0.00 - 0.88 0.85
equal 5.32% LIC Housing Fin. 30/11/2023 Debenture AAA 0.00 - 0.84 0.81
equal 5.74% REC 20/06/2024 Debenture AAA 0.81 - 1.35 0.81
new 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 2.03 0.80
equal 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 0.85 0.75
equal 7.40% Summit Digitel Infrastructure 28/09/2028 Debenture AAA 0.00 - 0.94 0.72
equal 7.05% Embassy Office Parks REIT 18/10/2026 Non Convertible Debenture AAA 0.00 - 0.85 0.72
equal 7.25% India Grid Trust 27/06/2025 Non Convertible Debenture AAA 0.65 - 1.09 0.65
equal 6.70% G R Infraprojects 27/12/2024 Non Convertible Debenture AA 0.00 - 0.77 0.64
equal GOI 2028 GOI Securities SOV 0.00 - 0.59 0.58
equal 7.42% Union Bank of India Additional Tier 2 Bond AA+ 0.58 - 0.95 0.58
equal 7.04% Tamilnadu State 2030 State Development Loan SOV 0.00 - 0.63 0.57
equal 8.97% Uttar Pradesh Power Corporation 15/02/2024 Bonds AA 0.50 - 0.83 0.50
equal 7.50% Max Life Insurance 2031 Non Convertible Debenture AA+ 0.00 - 0.69 0.47
equal 7.70% Larsen & Toubro 28/04/2025 Debenture AAA 0.00 - 0.62 0.42
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 1.47 0.42
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.41 - 1.37 0.41
new 5.84% Indian Oil Corporation 19/04/2024 Debenture AAA 0.00 - 0.41 0.41

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 19.50 6.29 3.78 5.92
up HDFC Bank Financial 19.76 6.94 3.71 4.75
up Infosys Technology 28.13 6.25 3.33 4.20
equal State Bank of India Financial 11.78 3.48 0.12 3.26
equal Reliance Industries Energy 26.85 6.54 2.60 2.96
up ITC Consumer Staples 23.02 2.85 1.58 2.37
up Axis Bank Financial 14.01 2.93 1.76 2.12
up Bharti Airtel Communication 93.13 2.07 1.07 1.72
up Larsen & Toubro Construction 25.51 1.97 0.00 1.68
up NTPC Energy 8.97 1.63 0.00 1.63
up Mahindra & Mahindra Automobile 20.95 1.48 0.00 1.48
equal Oil & Natural Gas Corporation Energy 3.62 1.53 0.00 1.37
equal HCL Technologies Technology 19.70 1.63 0.00 1.26
up SBI Life Insurance Company Insurance 73.06 1.18 0.00 1.18
up United Spirits Consumer Staples 69.09 1.13 0.00 1.13
equal Tech Mahindra Technology 17.67 1.60 0.98 1.13
up Tata Motors Automobile -- 0.94 0.00 0.94
up SBI Cards & Payments Services Financial 45.08 0.91 0.00 0.91
up Siemens Capital Goods 81.84 0.88 0.00 0.88
up Sun Pharmaceutical Industries Healthcare 60.61 1.26 0.40 0.86
equal Hero Motocorp Automobile 23.76 0.85 0.00 0.85
equal Hindustan Aeronautics Capital Goods 11.43 0.84 0.00 0.84
down Tata Steel Metals & Mining 2.66 1.36 0.00 0.83
equal Chennai Petroleum Corporation Energy 3.27 0.81 0.00 0.81
equal TVS Motor Company Automobile 54.21 0.78 0.00 0.77

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-May-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:


-0.03%

Change from previous, NAV as on 01-Jul-2022

Growth: ₹ 117.1311

IDCW: ₹ 27.3355

Bonus: ₹ 117.1311


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: 15-Nov-2004
Return Since Launch: 14.97%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: High
Type: Open-ended
Assets: ₹ 6,062 Cr (As on 31-May-2022)
Expense: 1.94% (As on 31-May-2022)
Risk Grade: Above Average
Return Grade: Average
Turnover: 359.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW13-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
 13-Jul-20200.1500
 12-Jun-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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