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Unrated

NJ Balanced Advantage Fund - Regular Plan


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 0.50 -0.89 -0.50 2.04 -- -- -- -- -- -- --
VR Balanced TRI 4.78 0.25 1.49 6.77 -- -- -- -- -- -- --
Hybrid: Dynamic Asset Allocation 1.53 -0.59 0.03 2.48 -- -- -- -- -- -- --
Rank within category 24 25 25 17 -- -- -- -- -- -- --
Number of funds in category 26 27 27 26 24 23 22 17 11 9 5

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)
NJ Balanced Advantage Fund - Regular Plan
Unrated
Oct-21 -- -- -- -- 5,419
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 15.37 13.32 11.69 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 1.80% 6,569

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.75 21-Dec-2021 - 28-Dec-2021 -2.22 13-Dec-2021 - 20-Dec-2021
Month 2.13 06-Dec-2021 - 05-Jan-2022 -2.71 18-Nov-2021 - 20-Dec-2021
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
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 -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 134
Top 10 Holdings (%) 22.84
Top 5 Holdings (%) 13.66
Top 3 Sectors (%) 23.86
Portfolio P/B Ratio 3.53
Portfolio P/E Ratio 20.42
Avg Credit Rating GOI/Cash

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 Reserve Bank of India 182-D 28/04/2022 Treasury Bills SOV 1.82 - 1.88 1.82
equal Reserve Bank of India 364-D 30/03/2022 Treasury Bills SOV 0.91 - 0.94 0.91
new Reserve Bank of India 182-D 09/06/2022 Treasury Bills SOV 0.00 - 0.91 0.91
equal Reserve Bank of India 364-D 27/10/2022 Treasury Bills SOV 0.89 - 0.92 0.89
equal Reserve Bank of India 91-D 27/01/2022 Treasury Bills SOV 0.74 - 2.85 0.74
equal Others CBLO -- - 3.10

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 Bharti Airtel Communication 138.60 3.45 0.00 3.08
down Axis Bank Financial 22.25 3.01 0.00 2.84
down Larsen & Toubro Construction 32.50 2.81 0.00 2.75
up Tata Steel Metals 4.68 2.62 0.00 2.62
up Hindustan Unilever FMCG 66.26 2.37 0.00 2.37
equal Indusind Bank Financial 17.79 2.35 0.00 2.31
down Sun Pharmaceutical Industries Healthcare 32.54 1.73 0.00 1.73
up Sonata Software Technology 25.28 1.66 0.00 1.66
down ITC FMCG 19.06 1.84 0.00 1.66
up UPL Chemicals 19.27 1.52 0.00 1.52
equal Reliance Industries Energy 32.62 1.46 0.00 1.41
up Solar Industries Chemicals 58.94 1.40 0.00 1.40
equal Adani Ports and Special Economic Zone Services 30.54 1.33 0.00 1.33
up Mphasis Technology 45.15 1.21 0.00 1.21
up Persistent Systems Technology 57.93 1.18 0.00 1.18
up Dr. Lal Pathlabs Healthcare 69.42 1.14 0.00 1.14
up Grasim Industries Construction 19.89 1.14 0.00 1.14
up Gland Pharma Healthcare 54.08 1.12 0.00 1.12
down JSW Steel Metals 8.24 1.12 0.00 1.12
up Alkem Laboratories Healthcare 24.50 1.11 0.00 1.11
up Power Grid Corporation Energy 8.88 1.09 0.00 1.09
up MindTree Technology 47.89 1.09 0.00 1.09
up P&G Hygiene & Health Care FMCG 84.68 1.07 0.00 1.07
down Tata Consultancy Services Technology 39.21 1.13 0.00 1.07
equal Mahindra & Mahindra Automobile 26.85 1.07 0.00 1.05

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Rishi Sharma since 08-Oct-2021

Education: Mr. Sharma is a B.Com from M.S. University of Vadodara and PGDBA from IES Management College Mumbai

Experience: Prior to joining NJAMPL, he has worked with IIFL Capital, Suyash Advisors and Monsoon Capital.


-0.89%

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

Growth: ₹ 10.0200

IDCW: ₹ 10.0200


Investment Strategy

The scheme seeks to generate capital appreciation by dynamically allocating its assets between equity and specified debt securities.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 30 days

Basic Details

Fund House: NJ Mutual Fund
Launch Date: 29-Oct-2021
Return Since Launch: 0.20%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 5,419 Cr (As on 31-Dec-2021)
Expense: -- (As on )
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: NJ Asset Management Pvt Ltd.

Address: Unit No. 101A, 1st Floor, Hallmark Business Plaza, Bandra (East), Mumbai - 400051

Website: https://njmutualfund.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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