Nippon India Balanced Advantage Fund - Growth - Direct Plan

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  • Net Change on 12-04-2024

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Fund Overview Growth | Direct Plan

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Fund Objective

The investment objective of the scheme is 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. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Nippon India Balanced Advantage Fund - Direct Plan Growth Plan - Growth Option 2.11 4.62 25.88 14.97 13.01 12.83
CRISIL Hybrid 50+50 - Moderate Index N/A N/A N/A N/A N/A N/A
S&P BSE SENSEX - TRI 0.78 2.46 24.56 17.13 15.21 13.68

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Nippon India Balanced Advantage Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 25.88 14.97 13.01 0.61 7,719.30
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth Jan 01, 2013 22.43 14.68 13.45 0.81 56,174.64
Kotak Balanced Advantage Fund - Direct Plan -Growth Option Aug 03, 2018 20.18 12.60 12.96 0.51 15,720.85
Baroda BNP Paribas Balanced Advantage Fund-Direct Plan-Growth Option Nov 14, 2018 28.80 16.22 16.90 0.72 3,783.97
Bandhan Balanced Advantage Fund Direct Plan Growth Oct 10, 2014 Unrated 21.70 11.42 11.81 0.70 2,224.10
Union Balanced Advantage Fund - Direct Plan - Growth Option Dec 29, 2017 Unrated 20.54 11.35 12.83 1.19 1,608.71

Fund Holdings as on 31-March-2024

  • ICICI Bank Limited

  • HDFC Bank Limited

  • Infosys Limited

  • Reliance Industries Limited

  • Bharti Airtel Limited

  • NTPC Limited

  • 7.18% Government of India

  • Axis Bank Limited

  • Larsen & Toubro Limited

  • ITC Limited

  • Godrej Consumer Products Limited

  • Avenue Supermarts Limited

  • Triparty Repo

  • State Bank of India

  • Sun Pharmaceutical Industries Limited

  • 7.26% Government of India

  • 7.06% Government of India

  • 91 Days Tbill

  • 182 Days Tbill

  • SBI Life Insurance Company Limited

  • Maruti Suzuki India Limited

  • Power Finance Corporation Limited

  • Tata Steel Limited

  • Cube Highways Trust-InvIT Fund**

  • Tata Consultancy Services Limited

  • 9% Bharti Telecom Limited**

  • 8.85% Muthoot Finance Limited**

  • Bajaj Finance Limited

  • United Spirits Limited

  • ICICI Lombard General Insurance Company Limited

  • Hero MotoCorp Limited

  • Coal India Limited

  • Samvardhana Motherson International Limited

  • National Highways Infra Trust

  • Net Current Assets

  • Mahindra & Mahindra Limited

  • 8.8% Manappuram Finance Limited**

  • United Breweries Limited

  • 8.4% DLF Cyber City Developers Limited**

  • Bharat Highways Invit

  • Havells India Limited

  • Bosch Limited

  • 7.4% National Bank For Agriculture and Rural Development**

  • Jubilant Foodworks Limited

  • Voltas Limited

  • Mindspace Business Parks REIT

  • Hindustan Aeronautics Limited

  • The Indian Hotels Company Limited

  • IPCA Laboratories Limited

  • Brookfield India Real Estate Trust

  • Shriram Finance Limited**

  • 7.17% Government of India

  • 7.1% Government of India

  • 8.3% Godrej Properties Limited**

  • 7.75% Titan Company Limited**

  • 7.69% HDFC Bank Limited**

  • 7.64% Power Finance Corporation Limited

  • 7.47% Small Industries Dev Bank of India**

  • Bharat Electronics Limited

  • Shriram Finance Limited

  • 8.85% Cholamandalam Investment and Finance Company Ltd**

  • 8.25% JSW Steel Limited**

  • 7.4% Summit Digitel Infrastructure Limited**

  • Container Corporation of India Limited

  • Zomato Limited

  • Lupin Limited

  • Gland Pharma Limited

  • Sundaram Finance Limited

  • Page Industries Limited

  • 7.18% Government of India

  • Max Financial Services Limited

  • 8.4% Godrej Industries Limited**

  • Jindal Steel & Power Limited

  • Bharat Forge Limited

  • 7.44% REC Limited**

  • Cyient Limited

  • Hindalco Industries Limited

  • 9.85% IndoStar Capital Finance Limited**

  • HCL Technologies Limited

  • Cash Margin - Derivatives

  • 8.05% Summit Digitel Infrastructure Limited**

  • 7.87% Bajaj Finance Limited**

  • Vajra Trust**

  • Westlife Foodworld Limited

  • Indus Towers Limited

  • UTI Asset Management Company Limited

  • JB Chemicals & Pharmaceuticals Limited

  • Endurance Technologies Limited

  • 3M India Limited

  • 7.9% Jamnagar Utilities & Power Private Limited**

  • 9.41% 360 One Prime Limited**

  • 7.7% Larsen & Toubro Limited**

  • Tech Mahindra Limited

  • Bharat Heavy Electricals Limited

  • 7.42% Union Bank of India**

  • Nippon India ETF S&P BSE Sensex Next 50

  • CESC Limited

  • Sansar Trust**

  • One 97 Communications Limited

  • 8.65% Torrent Power Limited**

  • 8% Mahanagar Telephone Nigam Limited**

  • Affle (India) Limited

  • 5.83% State Bank of India**

  • Apollo Hospitals Enterprise Limited

  • Honeywell Automation India Limited

  • CG Power and Industrial Solutions Limited

  • Cholamandalam Investment and Finance Company Ltd

  • Dixon Technologies (India) Limited

  • 8.35% SBI General Insurance Company Limited

  • 8.5% JSW Steel Limited**

  • 6.59% Summit Digitel Infrastructure Limited**

  • Liquid Gold Series**

  • 7.29% Government of India

  • TVS Motor Company Limited

  • 6.75% Piramal Capital & Housing Finance Limited**

  • 8.32% Torrent Power Limited**

  • 8.43% Muthoot Finance Limited**

  • 7.6% Poonawalla Fincorp Limited**

  • 8.5% Aadhar Housing Finance Limited**

  • 7.03% State Government Securities

  • 7.85% Power Finance Corporation Limited**

  • 8.35% Godrej Industries Limited**

  • 7.54% Small Industries Dev Bank of India**

  • 7.89% Bajaj Housing Finance Limited**

  • 8.9% IDFC First Bank Limited**

  • 7.69% Government of India

  • 9.62% Andhra Pradesh State Beverages Corporation Limited**

  • 8.3% Government of India

  • 7.84% State Government Securities

  • 7.04% State Government Securities

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Pharmaceuticals & Drugs

  • Refineries

  • Telecommunication - Service Provider

  • Power Generation/Distribution

  • Engineering - Construction

  • Finance - NBFC

  • Insurance

  • Cigarettes/Tobacco

  • Automobiles - Passenger Cars

  • Auto Ancillary

  • Breweries & Distilleries

  • Household & Personal Products

  • Retailing

  • Bank - Public

  • Finance Term Lending

  • Steel & Iron Products

  • Automobile Two & Three Wheelers

  • Engineering - Industrial Equipments

  • Electric Equipment

  • Mining & Minerals

  • Hotel, Resort & Restaurants

  • Consumer Food

  • Defence

  • Air Conditioners

  • Logistics

  • e-Commerce

  • Textile

  • Finance - Others

  • Steel/Sponge Iron/Pig Iron

  • Forgings

  • Consumer Durables - Electronics

  • Metal - Non Ferrous

  • Restaurants

  • Finance - Asset Management

  • Diversified

  • Fintech

  • BPO/ITeS

  • Hospital & Healthcare Services

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Fund Manager

  • CARE AA

  • CARE AAA(CE)

  • Cash

  • CRISIL AA

  • CRISIL AA+

  • CRISIL AA-

  • CRISIL AAA

  • CRISIL AAA(SO)

  • Equity

  • FITCH AA

  • FITCH AA(CE)

  • ICRA AA

  • ICRA AA+

  • ICRA AA+(SO)

  • ICRA AAA

  • ICRA AAA(SO)

  • MFU

  • REITs & InvITs

  • Sov

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About Nippon India Balanced Advantage Fund

Scheme Analysis

Nippon India Balanced Advantage Fund is a Hybrid - Balanced Advantage fund and belongs to Nippon India Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹7,719.30 crore. Nippon India Balanced Advantage Fund is benchmarked against CRISIL Hybrid 50+50 - Moderate Index as primary index and S&P BSE SENSEX - TRI as secondary index.

The NAV of Nippon India Balanced Advantage Fund ended down ₹-0.93(-0.53%)yesterday to ₹175.7601.

Among its top 3 holdings the fund has exposure to ICICI Bank Limited, and

The Nippon India Balanced Advantage Fund is managed by Ashutosh Bhargava and Amar Kalkundrikar.

Fund House Contact

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

022-68087000
022-68087097