3 Year return
12.67%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹4020.03 Cr.
Expense Ratio
0.63% (inclusive of GST)
Exit Load
All units redeemed / switched-out in excess of the 5% load free units will be subject to the below mentioned exit load. 1% - If redeemed / switch-out within 30 days of allotment Nil - If redeemed / switch-out after 30 days of allotment
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
NJ Mutual Fund Managers
VS
Viral Shah
Fund Manager since Mar 2023
Fund House Details
NJ Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HDFC Balanced Advantage Fund |
23.45% |
4 |
Baroda BNP Paribas Balanced Advantage Fund |
15.23% |
3 |
Edelweiss Balanced Advantage Fund |
13.38% |
5 |
Schemes by NJ Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Dynamic Asset Allocation or Balanced Advantage
NJ Balanced Advantage Fund Direct Plan Growth
Hybrid . Dynamic Asset Allocation or Balanced Advantage
NJ Balanced Advantage Fund Direct Plan IDCW Payout Payout
Hybrid . Arbitrage Fund
NJ Arbitrage Fund Direct Plan Growth
Equity . ELSS
NJ ELSS Tax Saver Scheme Direct Growth
Equity . ELSS
NJ ELSS Tax Saver Scheme Direct IDCW Payout
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 | NA |
Expense Ratio | 0.63% |
Fund Manager | Viral Shah |
Fund Size | ₹4020.03 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
Name | NJ Mutual Fund |
Launch Date | 29th October 2021 |
Addresss | Block No. 601, 3rd Floor, C Tower, Udhna Udyog Nagar Sangh Commercial Complex, Central Road No. 10, Udhna, Surat-394210, Gujarat. |
Contact | 1860 500 2888 , 040-49763510 |
customercare@njmutualfund.com | |
Website | https://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
What is today's NAV of NJ Balanced Advantage Fund?
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What is the expense ratio of NJ Balanced Advantage Fund?
What are the returns of NJ Balanced Advantage Fund since inception?
What is the minimum SIP amount to invest in NJ Balanced Advantage Fund?
How do I invest in NJ Balanced Advantage Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in NJ Balanced Advantage Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in NJ Balanced Advantage Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in NJ Balanced Advantage Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.