3 Year return

13.67%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹8750.43 Cr.

Expense Ratio

0.58% (inclusive of GST)

Exit Load

10% of the units allotted shall be redeemed within any exit load, on or before completion of 12 months from the date allotment of units. 1.00% - If redeemed / switched on or before completion of 12 months from the date of allotment of units. Nil - If redeemed / switched after completion of 12 months from the date of allotment of units.

Ratings

ARQ Rating
4.5

Ratings by other agencies

3
0
4

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

MG

Manish Gunwani

Fund Manager since Apr 2024

View Details

Fund House Details

Nippon India Mutual Fund

Nippon India Mutual Fund Asset management company

AUM ₹552,409.22 Cr.
No. of Schemes 311
Setup Date June 1995

Peer Comparison

Comparison with other similar funds

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

About Nippon India Balanced Advantage Fund – Direct Plan-Growth

The Nippon India Balanced Advantage Fund is a dynamic asset allocation fund managed by Nippon India Mutual Fund. The Nippon India Balanced Advantage Fund is an open-ended fund. This means that investors can buy and sell units of the fund at any time. The fund primarily invests in a mix of equity, debt, money market instruments, and derivatives. The expense ratio is lower than the category average, reflecting higher returns.

Investment Objectives of the Scheme

The fund's goal is to take advantage of any potential gains in equity markets while aiming to limit any losses through the portfolio's dynamic management of investments in equities, debt, money market instruments, and derivatives. In order to achieve objectives, the fund makes investments in a variety of equities and debt securities. In addition, derivatives are another tool the fund utilises to increase profits and hedge its exposure to the equity market.

Key Features of The Fund

5-year return 14.43%
Expense Ratio 0.58%
Fund Manager Manish Gunwani
Fund Size ₹8750.43 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The Nippon India Balanced Advantage Fund is suitable for investors who are looking for a relatively low-risk investment option with the potential for moderate returns. The fund is also suitable for investors who are willing to invest for the long term and who are comfortable with the fund's dynamic asset allocation strategy. Overall, the fund is a good investment option for investors who are looking for a relatively low-risk investment option with the potential for moderate returns.

AMC Contact Details

Name Nippon India Mutual Fund
Launch Date June 1995
Addresss Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013
Contact 1860 266 0111
Email customercare@nipponindiaim.in
Website https://mf.nipponindiaim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Fast-Track Your Short-Term Goals With SIPs

Need funds for that urgent purchase or dream vacation? Use our SIP calculator to fast-track your goals. From building an emergency fund to splurging on a well-deserved break, SIPs offer a systematic approach to achieving your aspirations.

FAQs

What is today's NAV of Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment Dec 11 2024 is 46.7974

What is the AUM of Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment is 8750.43 crore.

What is the expense ratio of Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment is 0.58%

What are the returns of Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment since inception?

The Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment was launched on Jan 01 2013. The fund has delivered a CAGR of 12.35 since inception.

What is the minimum SIP amount to invest in Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment is 100.

How do I invest in Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Nippon India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.