Nippon India Balanced Advantage Fund Direct Growth Plan - Regular - Latest NAV [ ₹131.7742 ], Returns, Performance, Portfolio & Returns 2021

Nippon India Balanced Advantage Fund Direct Growth Plan

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Min amount: ₹100

Calculate Returns

20 yrs
₹100 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years12.32%
3 Years13.9%
1 Year36.09%
6 Months13.09%
Fund Details
RiskHigh Risk
Fund TypeDynamic Asset Allocation
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Cash Offset For Derivatives22.86%
ICICI Bank Ltd5.64%
Infosys Ltd5.28%
Triparty Repo4.98%
HDFC Bank Ltd4.53%
Reliance Industries Ltd3.3%
8.35% Govt Stock 20222.98%
Hindustan Unilever Ltd2.85%
Cash Margin - Derivatives2.4%
Future on ICICI Bank Ltd2.39%

About NIPPON INDIA BALANCED ADVANTAGE FUND The main intention of the NIPPON INDIA BALANCED ADVANTAGE FUND is to balance the risk-reward ration by investing across both equity and debt instruments. Investing in this fund is apt for those looking to gain exposure to a diversified portfolio.

Pros and Cons of Nippon INDIA BALANCED ADVANTAGE FUND NIPPON INDIA BALANCED ADVANTAGE FUND intends to capitalise on the booming trend of the equity markets and reduce the risk by investing in debt and money market securities. On the flip side, this fund is not absolutely risk-free and is riskier than pure debt funds. Risk-averse investors must be mindful of the various risks associated with this fund.

Fund Information and Statistics i) Inception/Launch Date NIPPON INDIA BALANCED ADVANTAGE FUND was launched on 15 November 2004.

ii) Risk Level As per Nippon India Mutual Fund, the risk level of this fund is moderately high. However, this fund possesses lower risk levels as compared to small-cap funds.

iii) Redemption As this fund is an open-ended scheme, you can place redemption requests any time. However, you have to be mindful of the exit load charges and tax on capital gains.

iv) Fund Manager Mr Manish Gunwani, Mr Prashant Pimple, and Mr Ashutosh Bhargava are the current fund managers of NIPPON INDIA BALANCED ADVANTAGE FUND.

v) Entry/Exit Load There is no entry load as per the regulations of the Securities and Exchange Board of India (SEBI). An exit load of 1% is charged on units in excess of 10% if redeemed within twelve months of asset allocation. No exit load applies if redeemed after twelve months.

About Nippon India Mutual Fund Nippon India Mutual Fund (NIMF) is a leading fund house in the country. It entered the mutual fund industry in June 1995 by registering with the Securities and Exchange Board of India (SEBI) with Nippon Life India Trustee Ltd and Nippon Life Insurance as its trustee and sponsor respectively. As of March 2020, the assets under management (AUM) of Nippon fund house amounted to Rs 2.04 lakh crore.

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Min amount: ₹100

Calculate Returns

20 yrs
₹100 invested monthly becomes
0 in a period of 20 years
High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns