Nippon India Balanced Advantage Fund - Growth - Direct Plan

Item: Nippon India Balanced Advantage Fund - Growth - Direct Plan
Rating: 3
Author: PersonalFN

Invest Now

₹187.8415 0.31 %Nav, as on 23-01-2025
Previous Nav
₹ 187.2581
Net Change on 23-01-2025
₹0.58
PersonalFN Rating
Category
Hybrid - Balanced Advantage
Assets (Cr.)
₹ 8,807.79
Expense Ratio
0.57%
(As on Dec 31, 2024)

Fund Overview Growth | Direct Plan

Fund House
Nippon India Mutual Fund
Launch Date
01-Jan-2013
Benchmark
BSE SENSEX - TRI
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil for 10% of units on or before 12M, In excess of limit 1% on or before 12M and Nil after 12M
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
166.32
52 Week Low Nav Date
23-Jan-2024
52 Week High Nav (₹)
198.04
52 Week High Nav Date
26-Sep-2024

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	-1.45	-1.86	11.53	12.31	13.30	12.54
BSE SENSEX - TRI	-2.55	-4.28	10.07	10.40	14.44	13.44
CRISIL Hybrid 50+50 - Moderate Index	N/A	N/A	N/A	N/A	N/A	N/A

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		11.53	12.31	13.30	0.57	8,807.79
HDFC Balanced Advantage Fund - Growth Plan - Direct Plan	Dec 31, 2012		12.53	20.67	20.17	0.75	95,521.37
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth	Jan 01, 2013		10.89	12.15	13.02	0.91	60,434.09
Kotak Balanced Advantage Fund - Direct Plan -Growth Option	Aug 03, 2018	Unrated	12.45	11.46	12.69	0.56	16,937.25
Tata Balanced Advantage Fund-Direct Plan-Growth	Jan 28, 2019		9.62	11.71	14.11	0.42	10,217.18
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan - Growth Option	Jan 01, 2013		12.75	11.88	13.31	0.72	7,305.25

Fund Holdings as on 31-December-2024

Company % Assets
ICICI Bank Limited
6.02
HDFC Bank Limited
5.81
Infosys Limited
4.42
Bharti Airtel Limited
3.36
NTPC Limited
2.01
Reliance Industries Limited
1.95
Larsen & Toubro Limited
1.77
Axis Bank Limited
1.73
ITC Limited
1.73
Jubilant Foodworks Limited
1.72
State Bank of India
1.72
Triparty Repo
1.70
7.18% Government of India
1.58
Mahindra & Mahindra Limited
1.48
7.1% Government of India
1.45
Godrej Consumer Products Limited
1.43
Tata Consultancy Services Limited
1.40
7.23% Government of India
1.35
Cube Highways Trust-InvIT Fund
1.31
Power Finance Corporation Limited
1.29
Hindustan Unilever Limited
1.27
Avenue Supermarts Limited
0.94
Eicher Motors Limited
0.90
8.85% Muthoot Finance Limited**
0.86
Havells India Limited
0.85
ICICI Lombard General Insurance Company Limited
0.84
8.08% Suryapet Khammam Road Pvt Ltd**
0.84
Maruti Suzuki India Limited
0.84
PB Fintech Limited
0.82
Page Industries Limited
0.80
Cash Margin - Derivatives
0.80
IPCA Laboratories Limited
0.79
United Breweries Limited
0.79
Brookfield India Real Estate Trust
0.79
National Highways Infra Trust
0.79
Dixon Technologies (India) Limited
0.78
Tata Power Company Limited
0.77
United Spirits Limited
0.75
HDFC Life Insurance Company Limited
0.73
Mindspace Business Parks REIT
0.73
Berger Paints (I) Limited
0.72
LTIMindtree Limited
0.71
Dalmia Bharat Limited
0.71
Indus Towers Limited
0.70
8.05% HDFC Life Insurance Company Limited**
0.68
8.8% Manappuram Finance Limited**
0.68
Zomato Limited
0.65
Bharat Forge Limited
0.65
Zydus Wellness Limited
0.64
Samvardhana Motherson International Limited
0.64
One 97 Communications Limited
0.64
SBI Life Insurance Company Limited
0.63
Sonata Software Limited
0.63
CG Power and Industrial Solutions Limited
0.62
Bajaj Finance Limited
0.61
7.4% National Bank For Agriculture and Rural Development
0.59
7.17% Government of India
0.58
7.1% Government of India
0.58
8.18% Mahindra & Mahindra Financial Services Limited**
0.57
8.4% HDB Financial Services Limited**
0.57
7.82% Bajaj Finance Limited**
0.57
7.73% Embassy Office Parks REIT**
0.57
7.72% Nexus Select Trust - REIT**
0.57
7.93% India Infradebt Limited**
0.57
JK Lakshmi Cement Limited
0.56
9% Aptus Finance India Private Limited**
0.56
Lupin Limited
0.55
India Universal Trust**
0.54
Axis Bank Limited**
0.54
9.25% SK Finance Limited
0.54
Bharat Heavy Electricals Limited
0.51
7.4% Summit Digitel Infrastructure Limited**
0.51
Hindustan Aeronautics Limited
0.50
Nexus Select Trust - REIT
0.49
Bharat Electronics Limited
0.48
3M India Limited
0.46
InterGlobe Aviation Limited
0.45
Dr. Reddy's Laboratories Limited
0.43
Gland Pharma Limited
0.42
7.18% Government of India
0.41
8.4% Godrej Properties Limited**
0.40
ABB India Limited
0.39
Jindal Steel & Power Limited
0.39
Delhivery Limited
0.38
7.44% REC Limited
0.37
Carborundum Universal Limited
0.37
Net Current Assets
0.37
9.85% IndoStar Capital Finance Limited**
0.35
8.35% SBI General Insurance Company Limited**
0.34
8.05% Summit Digitel Infrastructure Limited**
0.34
8.4% Godrej Industries Limited**
0.34
8.6% Infopark Properties Limited**
0.34
8.1% Godrej Industries Limited**
0.34
9.8% IIFL Finance Limited**
0.34
ION Exchange (India) Limited
0.33
Devyani International Limited
0.33
Nippon India ETF BSE Sensex Next 50
0.33
Affle (India) Limited
0.31
FSN E-Commerce Ventures Limited
0.31
ICICI Prudential Life Insurance Company Limited
0.30
IndusInd Bank Limited
0.29
7.96% Mindspace Business Parks REIT**
0.29
7.9% Jamnagar Utilities & Power Private Limited**
0.29
7.77% Power Finance Corporation Limited**
0.28
9.41% 360 One Prime Limited**
0.28
8.55% Aditya Birla Real Estate Limited**
0.28
9.95% IndoStar Capital Finance Limited**
0.28
7.47% Small Industries Dev Bank of India
0.28
7.42% Union Bank of India**
0.28
KEC International Limited
0.28
Apollo Hospitals Enterprise Limited
0.25
Hindustan Petroleum Corporation Limited
0.24
8.65% Torrent Power Limited**
0.24
Tata Steel Limited
0.24
Vajra Trust**
0.23
9.09% Muthoot Finance Limited**
0.23
9.1% Cholamandalam Investment and Finance Company Ltd**
0.23
Bajaj Auto Limited
0.23
5.83% State Bank of India
0.22
Vajra Trust**
0.22
Endurance Technologies Limited
0.19
9.35% Telangana State Industrial Infrastructure Corporation Limited
0.17
9.35% Telangana State Industrial Infrastructure Corporation Limited**
0.17
9.35% Telangana State Industrial Infrastructure Corporation Limited
0.17
9.35% Telangana State Industrial Infrastructure Corporation Limited
0.17
9.35% Telangana State Industrial Infrastructure Corporation Limited
0.17
9.35% Telangana State Industrial Infrastructure Corporation Limited**
0.17
9.35% Telangana State Industrial Infrastructure Corporation Limited
0.17
9.35% Telangana State Industrial Infrastructure Corporation Limited**
0.17
8.25% JSW Steel Limited**
0.17
10.5% IndoStar Capital Finance Limited**
0.17
7.29% Government of India
0.16
7.95% REC Limited**
0.11
8.32% Torrent Power Limited**
0.11
7.47% India Infrastructure Fin Co Ltd**
0.11
7.89% Bajaj Housing Finance Limited**
0.06
7.59% National Housing Bank**
0.06
7.62% National Bank For Agriculture and Rural Development**
0.06
7.03% State Government Securities
0.06
8.43% Muthoot Finance Limited**
0.06
Orient Electric Limited
0.05
7.85% Power Finance Corporation Limited**
0.05
8.35% Godrej Industries Limited**
0.05
7.89% Bajaj Housing Finance Limited**
0.02
Shriram Finance Limited**
0.02
Sansar Trust**
0.01
8.9% IDFC First Bank Limited**
0.01
7.3% Government of India
0.01
8.3% Government of India
0.00
7.84% State Government Securities
0.00
7.04% State Government Securities
0.00

Sector Holding%
Miscellaneous
17.46
Bank - Private
13.85
IT - Software
7.17
Telecommunication - Service Provider
4.05
Power Generation/Distribution
2.78
Household & Personal Products
2.70
Consumer Food
2.69
Insurance
2.50
Automobiles - Passenger Cars
2.32
Pharmaceuticals & Drugs
2.20
Refineries
2.19
Engineering - Construction
2.05
Electric Equipment
1.86
Cigarettes/Tobacco
1.73
Bank - Public
1.72
Breweries & Distilleries
1.54
Fintech
1.46
Finance Term Lending
1.29
Cement & Construction Materials
1.27
Automobile Two & Three Wheelers
1.13
Defence
0.98
e-Commerce
0.96
Retailing
0.94
Engineering - Industrial Equipments
0.84
Auto Ancillary
0.83
Textile
0.80
Consumer Durables - Electronics
0.78
Paints
0.72
Forgings
0.65
Finance - NBFC
0.61
Diversified
0.46
Airlines
0.45
Steel/Sponge Iron/Pig Iron
0.39
Courier Services
0.38
Abrasives
0.37
BPO/ITeS
0.31
Hospital & Healthcare Services
0.25
Steel & Iron Products
0.24
Consumer Durables - Domestic Appliances
0.05

Fund Manager

Ashutosh Bhargava

Amar Kalkundrikar

Education:B.Com, CA, CFA, MBA
Experience:16 Years
Basic Details:Collectively over 16 years experience of which 13 years in Equity Research & Portfolio Management.
Funds Managed:
Nippon India Balanced Advantage Fund
Nippon India Consumption Fund
Nippon India Vision Fund
Nippon India Balanced Advantage Fund
Nippon India Consumption Fund
Nippon India Vision Fund

Sushil Budhia

Holding Type Holding %
CARE AA-
1.35
CARE AAA
0.95
Cash
2.87
CRISIL A1+
0.54
CRISIL AA
1.58
CRISIL AA+
2.25
CRISIL AA-
0.35
CRISIL AAA
7.29
CRISIL AAA(SO)
0.54
Equity
67.50
FITCH AA(CE)
1.36
ICRA AA
0.17
ICRA AA+
0.64
ICRA AA+(SO)
0.23
ICRA AA-
0.54
ICRA AAA
0.96
ICRA AAA(SO)
0.23
MFU
0.33
REITs & InvITs
4.11
SOVEREIGN
6.18

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 ₹8,807.79 crore. Nippon India Balanced Advantage Fund is benchmarked against BSE SENSEX - TRI as primary index and CRISIL Hybrid 50+50 - Moderate Index as secondary index.

The NAV of Nippon India Balanced Advantage Fund ended up ₹0.58(0.31%)yesterday to ₹187.8415.

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

Address:

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

Phone Number: 022-68087000

Email Address: customercare@nipponindiaim.in

Fax Number: 022-68087097

Website: https://mf.nipponindiaim.com/

Financial Health Checkup

Money Simplified Videos

Infographics