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HYBRID•DYNAMIC ASSET ALLOCATION OR BALANCED ADVANTAGE

NJ Balanced Advantage Fund

3 Year return

9.97%
NAV on June 18, 2026
14.21
1D Returns
+0.01%
Launched on October 2021(5 years)

Investment Details

₹100
Minimum SIP Amount
₹500
Minimum one time investment
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹3,600
Gain
16.97%₹611
Total Value ₹4,211

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹3,435.23 Cr.
Expense Ratio
0.59% (inclusive of GST)
Exit Load
Nil

Ratings

ARQ Rating
0

Ratings by other agencies

Value Research
0
Crisil
0
Morning Star
0

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

NJ Mutual Fund Manager

DP

Dhaval Patel

Fund Manager since Mar 2023

JI

Jaimin Illavia

Fund Manager since Jun 2026

VS

Viral Shah

Fund Manager since Oct 2022

Fund House Details

NJ Mutual Fund

NJ Mutual Fund

Asset management company

AUM
₹6,965.17 Cr.
No. of Schemes
8
Setup Date
29th October 2021

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
HDFC Balanced Advantage Fund14.9531%
4
Baroda BNP Paribas Balanced Advantage Fund13.8044%
3
ICICI Prudential Balanced Advantage Fund12.28%
5

Schemes by NJ Mutual Fund

List of mutual fund schemes by AMC

Funds
3 Years Returns
NJ Mutual Fund logo

Equity . ELSS

NJ ELSS Tax Saver Scheme Direct Growth
13.1076%
NJ Mutual Fund logo

Equity . ELSS

NJ ELSS Tax Saver Scheme Direct IDCW Payout
13.1076%
NJ Mutual Fund logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

NJ Balanced Advantage Fund Direct Plan Growth
9.9678%
NJ Mutual Fund logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

NJ Balanced Advantage Fund Direct Plan IDCW Payout Payout
9.9678%
NJ Mutual Fund logo

Hybrid . Arbitrage Fund

NJ Arbitrage Fund Direct Plan Growth
7.0191%

About NJ Balanced Advantage Fund Direct Plan Growth

The NJ Balanced Advantage Fund Direct Plan Growth is a balanced advantage fund by NJ Mutual Fund. It largely invests in large-cap and mid-cap then focuses on small-cap companies, debt and government securities. It is an open-ended fund. Hence investors can invest in it at any time. The expense ratio of NJ Balanced Advantage Fund Direct Plan Growth is low. The minimum investment required for this balanced advantage fund is low.

Investment Objective of the Scheme

NJ Balanced Advantage Fund Direct Plan Growth’s primary objective is to generate capital appreciation by investing in equity and specific debt securities. The fund focuses on the long-term horizon to generate returns.

Key Features of The Fund

5-year return
0%
Expense Ratio
0.59%
Fund Manager
Dhaval Patel
Fund Size
₹3435.23 Cr.
Risk Profile
Moderately High

Is This Scheme Right for Me?

The NJ Balanced Advantage Fund Direct Plan Growth is a balanced advantage fund, which invests in equity and debt securities as well. If you are willing to invest for a long-term horizon, you can choose this fund. Also, these funds are less volatile compared to hybrid funds. However, take your investment objective and risk profile as well into consideration before making a decision.

AMC Contact Details

NameNJ Mutual Fund
Launch Date29th October 2021
AddressBlock No. 601, 3rd Floor, C Tower, Udhna Udyog Nagar Sangh Commercial Complex, Central Road No. 10, Udhna, Surat-394210, Gujarat.
Contact1860 500 2888 , 040-49763510
Emailcustomercare@njmutualfund.com
Websitehttps://www.njmutualfund.com/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

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 NJ Balanced Advantage Fund on June 18, 2026, is ₹14.21
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 NJ Balanced Advantage Fund, is ₹3435.23 crore.
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 NJ Balanced Advantage Fund is 0.59%
The NJ Balanced Advantage Fund was launched on October 08, 2021. The fund has delivered a CAGR of undefined since inception.
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 NJ Balanced Advantage Fund is ₹100.
  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.
  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.
  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.
  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.

ENTER AMOUNT

₹
₹4,211 in 3Y at 9.9678% returns
SIP Date1st of every month

Your next SIP Payment will be on 22 July 2026

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