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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."

Read more

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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 -- -0.20 -0.71 -- -- -- -- -- -- -- --
VR Balanced TRI -- 0.15 -1.80 -- -- -- -- -- -- -- --
Hybrid: Dynamic Asset Allocation -- -0.15 -0.89 -- -- -- -- -- -- -- --
Rank within category -- 20 10 -- -- -- -- -- -- -- --
Number of funds in category 25 29 29 27 26 26 25 18 12 10 6

As on 29-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 18.41 12.71 11.42 1.69% 36,816
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Aug-18 15.71 12.88 -- 1.78% 11,813
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 23.18 15.95 14.11 1.82% 6,331
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 16.64 12.26 10.45 1.84% 6,124
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
4 star
Feb-14 10.76 10.26 8.84 1.97% 4,516

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.10 02-Nov-2021 - 09-Nov-2021 -1.30 15-Nov-2021 - 22-Nov-2021
Month -- - -- -
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 18.85 17.75 0.84 0.97 -- --
Hybrid: Dynamic Asset Allocation* 12.21 12.26 0.68 0.73 0.63 -1.07
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-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Credit Rating vis-à-vis Category

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Sector Allocation vis-à-vis Category

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Top Equity Holdings

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As on

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.


-0.20%

Change from previous, NAV as on 29-Nov-2021

Growth: ₹ 9.8300

IDCW: ₹ 9.8300


Investment Strategy

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

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum 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: -1.70%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ -- Cr (As on )
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

Upcoming Video

Investors' Hangout

Stocks or Equity Funds for the long term?

DateFriday, 10-Dec-2021
Time12:30 PM - 01:00 PM

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