CASPeR Ranking #31
Nippon India Balanced Advantage Fund Direct Growth Plan
NAV (Fri Jan 31 2025)
₹189
Returns (Since Inception)
12.80%
Category Average
11.06%
Rating
4
Allocation and Holdings
Asset class
Weightage
Financial Services
13.56%
Technology
4.42%
Communication Services
3.36%
Utilities
2.01%
Energy
1.95%
Industrials
1.77%
Unknown
1.73%
Consumer Defensive
1.73%
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Overall rating
Scheme Information
Fund name
Nippon India Balanced Advantage Fund Direct Growth Plan
Minimum SIP
100
Risk Level
Very High Risk
AUM
₹8807.79 Cr
ISIN
INF204K01G94
Inception Date
Jan 01 2013
Standard Deviation
6.839
Beta
-
Sharpe Ratio
0.901
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
Expense Ratio
0.570%
Exit Load
10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units
Risk
Very High Risk
Investment 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 Managers
Manish Gunwani
Ashutosh Bhargava
Kinjal Desai
Amar Kalkundrikar
Sushil Budhia
About the AMC
Nippon Life India Asset Management Ltd
Phone Number
022-6808 7000/18602660111Email Address
customercare@nipponindiaim.inCorporate Office Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)Overall AUM
₹8807.79 Cr
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