MG
Manish GunwaniFund Manager Since 7 May 2018
AllocationDynamic Asset Allocation
Nippon India Balanced Advantage Fund Direct Growth Plan
3Y Annualised
12.56%
-0.05% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
Annualised
-4.42%
-0.05% 1D
Benchmark
Nifty 50 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
5 years 10 months
NIFTY 50
6 years 3 months
FD
9 years 7 months
Fund info
Fund size
₹8757.84 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹100
Exit load
0.01%
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 Profile
Very High Risk
Peer comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Balanced Advantage Fund Quarterly Payout of Inc Dist cum Cap Wdrl
4.56%
2nd
ICICI Prudential Balanced Advantage Fund Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
4.56%
3rd
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Payout of Inc Dist cum Cap Wdrl
1.80%
4th
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
1.80%
5th
SBI Dynamic Asset Allocation Direct Payout Inc Dist cum Cap Wdrl
0.01%
149th
Nippon India Balanced Advantage Fund Direct Growth Plan
-4.42%
Fund Managers
AB
Ashutosh BhargavaFund Manager Since 7 May 2018
KD
Kinjal DesaiFund Manager Since 25 May 2018
AK
Amar KalkundrikarFund Manager Since 20 Oct 2020
SB
Sushil BudhiaFund Manager Since 31 Mar 2021
About Nippon India Balanced Advantage Fund Direct Growth Plan
Nippon India Balanced Advantage Fund Direct Growth Plan is a Allocation mutual fund scheme from Nippon Life India Asset Management Ltd. This fund has been in existence for 12 years, having been launched on 2013-01-01. Nippon India Balanced Advantage Fund Direct Growth Plan has ₹8757.84 Cr worth of assets under management (AUM) as of Thu Mar 06 2025. The latest Net Asset Value (NAV) of Nippon India Balanced Advantage Fund Direct Growth Plan as of Wed Mar 05 2025 is ₹182.764. The fund has an expense ratio of 0.58%, which is medium comparable to most other Allocation funds.
Nippon India Balanced Advantage Fund Direct Growth Plan returns for the last 1 year are 4.87%. Since launch, it has delivered 12.13% average annual returns.
The Nippon India Balanced Advantage Fund Direct Growth Plan has the majority of its money invested in Financial Services, Technology, Communication Services, Utilities, Energy, Industrials, Consumer Cyclical sectors.
Top 5 Holdings of Nippon India Balanced Advantage Fund Direct Growth Plan.
- HDFC Bank Ltd: 5.60%
- ICICI Bank Ltd: 5.42%
- Infosys Ltd: 4.45%
- Bharti Airtel Ltd: 3.46%
- NTPC Ltd: 2.13%
AMC Information
| Name | Nippon Life India Asset Management Ltd |
|---|---|
| Founding Date | 2013-01-01 |
| customercare@nipponindiaim.in | |
| Phone | 022-6808 7000/18602660111 |
| Website | https://mf.nipponindiaim.com/ |
| Address | Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W) |
Tax Implications of Nippon India Balanced Advantage Fund Direct Growth Plan
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
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FAQs
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How to Redeem Nippon India Balanced Advantage Fund Direct Growth Plan?
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