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NJ Balanced Advantage Fund - Direct Plan download report


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
NJ Balanced Advantage Fund Direct-G -5.30 1.18 0.11 -4.73 -1.97 -5.39 -- -- -- -- --
VR Balanced TRI -5.32 2.62 0.21 -6.02 -5.26 -7.81 -- -- -- -- --
Hybrid: Dynamic Asset Allocation -3.19 1.17 0.27 -3.89 -2.44 -4.26 -- -- -- -- --
Rank within category 21 12 24 24 12 19 -- -- -- -- --
Number of funds in category 28 29 29 29 29 28 25 21 13 11 0

As on 17-May-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 - Direct Plan
Unrated
Oct-21 -- -- -- 0.53% 5,122
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 9.17 12.18 10.46 1.00% 39,761
ICICI Prudential Asset Allocator Fund (FOF) - Direct Plan  | Invest Now
4 star
Jan-13 9.98 13.88 11.98 0.07% 15,636
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Aug-18 6.52 11.77 -- 0.45% 13,573
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 8.13 15.31 11.71 0.46% 8,008

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.77 07-Mar-2022 - 14-Mar-2022 -4.04 17-Jan-2022 - 24-Jan-2022
Month 7.04 07-Mar-2022 - 06-Apr-2022 -6.27 11-Apr-2022 - 11-May-2022
Quarter 1.34 27-Jan-2022 - 28-Apr-2022 -6.34 25-Nov-2021 - 24-Feb-2022
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
NJ Balanced Advantage Fund Direct-G -- -- -- -- -- --
VR Balanced TRI* 14.19 17.86 0.60 0.69 -- --
Hybrid: Dynamic Asset Allocation* 11.87 12.37 0.69 0.81 0.63 1.66
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 30-Apr-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 122
Top 10 Holdings (%) 21.14
Top 5 Holdings (%) 12.83
Top 3 Sectors (%) 20.11
Portfolio P/B Ratio 3.32
Portfolio P/E Ratio 19.41
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
new 8.35% GOI 2022 GOI Securities SOV 0.00 - 3.42 3.42
new 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 1.10 1.10
up 6.30% GOI 2023 GOI Securities SOV 0.00 - 0.99 0.99
new Reserve Bank of India 91-D 21/07/2022 Treasury Bills SOV 0.00 - 0.97 0.97
equal Reserve Bank of India 182-D 09/06/2022 Treasury Bills SOV 0.00 - 0.97 0.97
equal Reserve Bank of India 182-D 21/07/2022 Treasury Bills SOV 0.00 - 0.97 0.97
new Reserve Bank of India 182-D 04/08/2022 Treasury Bills SOV 0.00 - 0.97 0.97
new Reserve Bank of India 182-D 18/08/2022 Treasury Bills SOV 0.00 - 0.96 0.96
equal Reserve Bank of India 364-D 27/10/2022 Treasury Bills SOV 0.89 - 0.96 0.96
new Reserve Bank of India 364-D 10/11/2022 Treasury Bills SOV 0.00 - 0.95 0.95
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 0.78 0.78
new 6.94% Maharashtra State 23/08/2022 State Development Loan SOV 0.00 - 0.59 0.59
new 8.83% GOI 25/11/2023 Central Government Loan SOV 0.00 - 0.51 0.51
new 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 0.50 0.50
new 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 0.49 0.49
new 8.37% Orissa State 29/08/2022 State Development Loan SOV 0.00 - 0.40 0.40
new 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 0.10 0.10
new 8.13% GOI 21/09/2022 Central Government Loan SOV 0.00 - 0.10 0.10
equal Others CBLO -- - 6.97

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
equal Indusind Bank Financial 14.59 2.65 0.00 2.65
up HDFC Bank Financial 19.17 2.59 0.00 2.59
down Larsen & Toubro Construction 26.00 2.81 0.00 2.26
equal Axis Bank Financial 14.24 3.01 0.00 1.91
equal Adani Ports and Special Economic Zone Services 31.34 1.76 0.00 1.76
down UPL Chemicals 16.98 1.67 0.00 1.67
equal Reliance Industries Energy 28.21 2.07 0.00 1.67
down Solar Industries Chemicals 58.47 2.06 0.00 1.65
down Tata Steel Metals & Mining 3.62 3.07 0.00 1.56
down Hindustan Unilever Consumer Staples 59.41 2.37 0.00 1.55
down Grasim Industries Materials 15.09 1.32 0.00 1.16
up United Spirits Consumer Staples 70.86 1.15 0.00 1.15
down Torrent Power Energy 46.95 1.12 0.00 1.12
up Gujarat State Petronet Energy 9.12 1.17 0.00 1.08
down Power Grid Corporation Energy 10.10 1.24 0.00 1.07
down Sonata Software Technology 18.70 1.66 0.00 1.05
down P&G Hygiene & Health Care Consumer Staples 73.90 1.18 0.00 1.02
up Escorts Automobile 29.01 1.01 0.00 1.01
down SKF India Capital Goods 39.71 1.13 0.00 1.00
down Tata Consultancy Services Technology 32.96 1.16 0.00 0.99
down Alkem Laboratories Healthcare 21.14 1.15 0.00 0.98
down Mphasis Technology 33.88 1.24 0.00 0.96
down Persistent Systems Technology 41.40 1.18 0.00 0.96
down Ambuja Cements Materials 29.37 0.93 0.00 0.93
up Tech Mahindra Technology 20.92 0.93 0.00 0.89

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 30-Apr-2022

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.


1.18%

Change from previous, NAV as on 17-May-2022

Growth: ₹ 9.4700

IDCW: ₹ 9.4600


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 For units in excess of 5% of the investment,1% will be charged for redemption within 30 days

Basic Details

Fund House: NJ Mutual Fund
Launch Date: 29-Oct-2021
Return Since Launch: -5.30%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 5,122 Cr (As on 30-Apr-2022)
Expense: 0.53% (As on 30-Apr-2022)
Risk Grade: --
Return Grade: --
Turnover: 70.00%

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 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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