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4 star

Nippon India Balanced Advantage Fund


1 Lakh

Investment Grown to
₹ 1.35 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.52 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 10.36 -0.04 1.07 4.24 4.69 12.46 35.36 10.47 12.30 10.42 11.53
VR Balanced TRI 11.37 0.65 0.36 4.88 3.76 14.96 47.28 13.72 14.01 11.42 11.64
Hybrid: Dynamic Asset Allocation 8.05 0.14 0.74 3.58 3.61 9.80 30.10 8.82 9.18 8.79 10.41
Rank within category 4 25 3 5 6 5 7 6 -- -- --
Number of funds in category 25 26 26 26 26 25 25 17 12 8 6

As on 11-Jun-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  | Invest Online
4 star
Nov-04 35.36 10.47 12.30 2.11 3,515
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 35.01 11.26 11.42 1.72 32,188
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 36.94 13.40 12.54 1.92 3,881
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 36.85 11.52 11.82 2.05 3,601
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
4 star
Feb-14 23.39 10.17 9.59 2.01 3,562

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
Fund 10.30 12.96 0.46 0.45 0.69 -0.96
VR Balanced TRI 14.39 18.22 0.55 0.64 -- --
Hybrid: Dynamic Asset Allocation 8.81 12.36 0.35 0.41 0.62 -1.78
Rank within category 6 11 6 7 12 6
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-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 64
Top 10 Holdings (%) 36.38
Top 5 Holdings (%) 22.83
Top 3 Sectors (%) 35.64
Portfolio P/B Ratio 2.97
Portfolio P/E Ratio 22.43
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
new 8.35% GOI 2022 GOI Securities SOV 0.00 - 3.70 3.70
equal 9.50% Nirma Perpetual Bond AA- 2.84 - 4.39 2.84
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 1.94 1.59
down 6.79% GOI 26/12/2029 GOI Securities SOV 0.00 - 2.78 1.46
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 1.46 - 1.83 1.46
equal 9.25% Muthoot Fincorp 21/05/2023 Non Convertible Debenture AA+ 1.44 - 1.83 1.44
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.00 - 1.38 1.21
new 7.44% Bank of Baroda Additional Tier 2 Bond AAA 0.00 - 1.18 1.18
new 7.25% India Grid Trust 27/06/2025 Non Convertible Debenture AAA 0.00 - 1.15 1.15
new 6.92% Godrej Industries 14/05/2025 Debenture AA 0.00 - 1.14 1.14
equal 8.31% Telangana State 13/01/2026 State Development Loan SOV 0.00 - 1.20 0.93
new 8.97% Uttar Pradesh Power Corporation 15/02/2024 Bonds AA 0.00 - 0.89 0.89
equal ICICI Prudential Life Insurance Co. Ltd. Debenture AAA 0.00 - 1.05 0.86
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 0.86 0.76
equal 9.50% Piramal Capital & Housing Finance 15/04/2022 Debenture AA 0.00 - 0.76 0.72
equal Power Finance Corp. 22/01/2031 Floating Rate Debenture AAA 0.00 - 0.88 0.72
equal 5.35% Hindustan Zinc 29/09/2023 Zero Coupon Bonds AAA 0.00 - 0.91 0.72
equal 7.25% Punjab National Bank Additional Tier 2 Bond AA+ 0.00 - 0.88 0.71
equal 5.85% REC 20/12/2025 Non Convertible Debenture AAA 0.00 - 0.88 0.71
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 0.75 0.70
equal 8.20% Aadhar Housing Finance 2023 Non Convertible Debenture AA 0.00 - 0.73 0.59
equal 5.83% State Bank of India Additional Tier 2 Bond AAA 0.00 - 0.72 0.56
equal 5.75% Bharat Oman Refineries 15/12/2023 Debenture AA+ 0.00 - 0.52 0.43
equal 8.45% REC 22/03/2022 Debenture AAA 0.34 - 0.44 0.34
equal 7.59% GOI 2026 GOI Securities SOV 0.00 - 0.33 0.31

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
down Infosys Technology 31.86 6.25 3.07 5.31
equal HDFC Bank Financial 25.76 6.94 4.85 5.16
equal ICICI Bank Financial 23.94 6.04 0.00 5.15
down Reliance Industries Energy 30.46 6.54 2.04 3.51
up State Bank of India Financial 17.11 3.54 0.12 2.67
equal Axis Bank Financial 31.45 2.93 0.00 2.44
down Cholamandalam Financial Holdings Financial 15.71 2.74 0.00 2.23
equal ITC FMCG 19.45 2.85 0.00 2.00
equal Hindustan Unilever FMCG 69.55 2.07 0.00 1.83
up Bharti Airtel Communication -- 2.07 0.00 1.81
up BPCL Energy 6.49 1.63 0.00 1.59
up Larsen & Toubro Construction 18.22 1.97 0.00 1.28
equal Cipla Healthcare 32.45 1.36 0.00 1.28
up Tech Mahindra Technology 23.48 2.52 0.98 1.27
equal Wipro Technology 28.13 1.20 0.00 1.20
equal HCL Technologies Technology 23.95 1.42 0.00 1.04
equal ACC Construction 22.76 2.17 0.74 1.04
equal Fortis Healthcare Healthcare -- 1.00 0.00 1.00
equal Varun Beverages FMCG 84.87 1.57 0.00 0.97
equal Hindalco Inds. Metals 25.36 0.95 0.00 0.95
equal Sanofi India Healthcare 33.10 1.09 0.00 0.89
equal HDFC Financial 24.65 3.46 0.74 0.87
equal Bharat Electronics Engineering 21.11 0.84 0.00 0.77
equal JM Financial Financial 15.07 0.91 0.00 0.77
down Bharat Forge Automobile -- 1.37 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-2021

*As on 30-Apr-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:


-0.04%

Change from previous, NAV as on 11-Jun-2021

Growth: ₹ 115.5992

IDCW: ₹ 28.8598

Bonus: ₹ 115.5992


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: 15-Nov-2004
Return Since Launch: 15.91%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 3,515 Cr (As on 31-May-2021)
Expense: 2.11% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: Above Average
Turnover: 310.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW12-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
 24-Sep-20190.1594
 26-Aug-20190.1594
 22-Jul-20190.1594
 24-Jun-20190.1594
 27-May-20190.1594
 18-Apr-20190.1594

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]vy.com

Website: www.karvymfs.com

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DateFriday, 18-Jun-2021
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