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3 star

Nippon India Balanced Advantage Fund


1 Lakh

Investment Grown to
₹ 1.41 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.54 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 1.70 -0.53 0.23 2.74 -1.08 4.85 16.33 12.21 11.77 9.35 13.61
VR Balanced TRI 4.78 0.25 1.49 6.77 0.08 13.68 24.46 18.11 16.30 11.98 13.95
Hybrid: Dynamic Asset Allocation 1.51 -0.57 0.04 2.44 -0.44 6.48 15.63 11.86 9.65 8.57 11.89
Rank within category 12 11 7 12 21 19 9 9 -- -- --
Number of funds in category 28 29 29 28 26 25 24 18 12 10 6

As on 18-Jan-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 16.33 12.21 11.77 2.14% 5,541
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 15.66 13.26 11.53 1.68% 37,879
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Aug-18 13.20 13.42 -- 1.77% 12,750
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 18.97 17.39 14.38 1.80% 7,048
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 14.68 13.00 10.25 1.83% 6,569

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 11.91 12.70 0.64 0.64 0.68 -0.78
VR Balanced TRI 16.94 17.88 0.74 0.86 -- --
Hybrid: Dynamic Asset Allocation 11.52 12.24 0.64 0.70 0.63 -0.46
Rank within category 10 11 10 13 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 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 69
Top 10 Holdings (%) 31.33
Top 5 Holdings (%) 20.48
Top 3 Sectors (%) 25.73
Portfolio P/B Ratio 3.48
Portfolio P/E Ratio 23.23
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 2.29
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 2.42 2.23
up 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 2.03 2.03
new 5.15% GOI 2025 GOI Securities SOV 0.00 - 1.77 1.77
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 1.47 1.40
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 1.50 1.38
equal 7.10% HDFC ERGO General Insurance 2031 Non Convertible Debenture AAA 0.00 - 1.14 1.08
equal 8.85% Power Finance Corporation 25/05/2029 Bonds/NCDs AAA 1.00 - 1.94 1.00
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 0.99 0.99
equal 6.79% GOI 26/12/2029 GOI Securities SOV 0.00 - 2.78 0.92
equal 5.74% REC 20/06/2024 Debenture AAA 0.00 - 1.35 0.91
up ICICI Prudential Life Insurance Co. Ltd. Debenture AAA 0.57 - 1.05 0.90
equal 6.44% HDFC Bank 27/09/2028 Non Convertible Debenture AAA 0.00 - 1.04 0.89
new 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 0.85 0.85
equal 7.05% Embassy Office Parks REIT 18/10/2026 Non Convertible Debenture AAA 0.00 - 0.85 0.81
equal 7.40% Summit Digitel Infrastructure 28/09/2028 Debenture AAA 0.00 - 0.94 0.81
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 1.02 0.74
equal 7.25% India Grid Trust 27/06/2025 Non Convertible Debenture AAA 0.00 - 1.15 0.74
equal 6.70% G R Infraprojects 27/12/2024 Non Convertible Debenture AA 0.00 - 0.77 0.71
equal 7.42% Union Bank of India Additional Tier 2 Bond AA+ 0.00 - 0.95 0.64
equal 8.97% Uttar Pradesh Power Corporation 15/02/2024 Bonds AA 0.00 - 0.89 0.56
equal 7.50% Max Life Insurance 2031 Non Convertible Debenture AA+ 0.00 - 0.69 0.54
equal 7.70% Larsen & Toubro 28/04/2025 Debenture AAA 0.00 - 0.62 0.48
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.46 - 1.77 0.46
equal 7.25% Punjab National Bank Additional Tier 2 Bond AA+ 0.45 - 0.88 0.45

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 26.45 6.29 3.33 5.86
up Infosys Technology 36.53 6.25 3.33 5.82
up HDFC Bank Financial 23.35 6.94 3.71 3.71
equal Reliance Industries Energy 32.63 6.54 2.70 2.70
equal Hindustan Unilever FMCG 64.66 2.85 0.00 2.39
equal Axis Bank Financial 22.37 2.93 1.76 2.15
up State Bank of India Financial 16.07 3.40 0.12 2.14
equal ITC FMCG 19.03 2.85 1.58 1.81
equal HCL Technologies Technology 29.56 1.63 0.00 1.63
equal Larsen & Toubro Construction 32.41 1.97 0.00 1.61
equal Bharti Airtel Communication 136.71 2.07 0.75 1.61
equal HDFC Financial 22.77 2.52 0.69 1.52
up Tech Mahindra Technology 31.87 1.60 0.98 1.45
up SBI Life Insurance Company Insurance 101.02 1.16 0.00 1.12
equal Cholamandalam Financial Holdings Financial 15.89 2.74 0.00 1.03
equal NTPC Energy 9.76 1.29 0.00 1.01
equal Wipro Technology 28.11 1.20 0.00 1.01
equal Bharat Petroleum Corporation Energy 4.77 1.63 0.00 0.96
up Tata Steel Metals 4.74 0.87 0.00 0.87
equal Fortis Healthcare Healthcare 48.83 1.04 0.00 0.83
equal United Breweries FMCG 127.48 0.99 0.00 0.83
equal SBI Cards & Payments Services Financial 79.38 0.90 0.00 0.78
equal Bajaj Finserv Financial 68.15 1.60 0.00 0.77
equal Tata Motors Automobile -- 0.75 0.00 0.75
up Godrej Consumer Products FMCG 54.25 0.75 0.00 0.74

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-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:


-0.53%

Change from previous, NAV as on 18-Jan-2022

Growth: ₹ 123.2571

IDCW: ₹ 29.5430

Bonus: ₹ 123.2571


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: 15.74%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 5,541 Cr (As on 31-Dec-2021)
Expense: 2.14% (As on 31-Dec-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 368.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW12-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
 12-May-20200.1500
 23-Mar-20200.1594
 24-Feb-20200.1594
 27-Jan-20200.1594
 23-Dec-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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