RS
Rishi SharmaFund Manager Since 1 Nov 2021
AllocationDynamic Asset Allocation
NJ Balanced Advantage Fund Direct Growth
3Y Annualised
12.00%
1.17% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
2.90%
1.17% 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
6 years 1 months
NIFTY 50
5 years 7 months
FD
9 years 7 months
Fund info
Fund size
₹3691.87 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹500
Exit load
0.01%
NIL Exit load – for 5% of the units upto completion of 30 days The “First In First Out (FIFO)” logic will be applied while selecting the units for redemption. All units redeemed /switched-out in excess of the 5% load free units will be subject to the below mentioned exit load. 1.00% - if Units are redeemed/switched-out on or before 30 days from the date of allotment , Nil - if redeemed after 30 days from the date of allotment.
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
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option
4.02%
4th
Aditya Birla Sun Life Balanced Advantage Fund Growth
3.93%
5th
WhiteOak Capital Balanced Advantage Fund Direct Growth
3.83%
98th
NJ Balanced Advantage Fund Direct Growth
2.90%
Fund Managers
About NJ Balanced Advantage Fund Direct Growth
NJ Balanced Advantage Fund Direct Growth is a Allocation mutual fund scheme from NJ Asset Management Private Limited. This fund has been in existence for 3 years, having been launched on 2021-10-29. NJ Balanced Advantage Fund Direct Growth has ₹3691.87 Cr worth of assets under management (AUM) as of Thu Apr 24 2025. The latest Net Asset Value (NAV) of NJ Balanced Advantage Fund Direct Growth as of Wed Apr 23 2025 is ₹13.84. The fund has an expense ratio of 0.62%, which is medium comparable to most other Allocation funds.
NJ Balanced Advantage Fund Direct Growth returns for the last 1 year are 4.85%. Since launch, it has delivered 9.78% average annual returns.
The NJ Balanced Advantage Fund Direct Growth has the majority of its money invested in null, Energy, Technology, Financial Services, Consumer Cyclical, Healthcare sectors.
Top 5 Holdings of NJ Balanced Advantage Fund Direct Growth.
- Future on Reliance Industries Ltd: 8.65%
- Reliance Industries Ltd: 8.60%
- HCL Technologies Ltd: 4.25%
- Coal India Ltd: 3.81%
- HDFC Asset Management Co Ltd: 3.72%
AMC Information
| Name | NJ Asset Management Private Limited |
|---|---|
| Founding Date | 2021-10-29 |
| complianceamc@njgroup.in | |
| Phone | 022 68940000 |
| Website | www.njmutualfund.com |
| Address | NJ Asset Management Private Limited,Unit No. 101A, 1st Floor,Hallmark Business Plaza,Bandra East, Mumbai 400051 |
Tax Implications of NJ Balanced Advantage Fund Direct Growth
| 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. |
Similar Funds from NJ Asset Management Private Limited
NJ Arbitrage Fund Regular Growth
AlternativeArbitrage Fund
3Y CAGR
0%
expense ratio
1.00%
fund size
₹286.49 Cr
NJ Overnight Fund Regular Growth
Money MarketOvernight
3Y CAGR
0%
expense ratio
0.15%
fund size
₹216.48 Cr
NJ Arbitrage Fund Direct Growth
AlternativeArbitrage Fund
3Y CAGR
0%
expense ratio
0.26%
fund size
₹286.49 Cr
NJ Overnight Fund Direct Growth
Money MarketOvernight
3Y CAGR
0%
expense ratio
0.05%
fund size
₹216.48 Cr
NJ Balanced Advantage Fund Regular Growth
AllocationDynamic Asset Allocation
3Y CAGR
10.53%
expense ratio
1.90%
fund size
₹3691.87 Cr
FAQs
What is the current NAV of NJ Balanced Advantage Fund Direct Growth?
What are the average returns of NJ Balanced Advantage Fund Direct Growth?
How do I invest in NJ Balanced Advantage Fund Direct Growth?
What is the expense ratio of NJ Balanced Advantage Fund Direct Growth?
What are net assets under management (AUM) of NJ Balanced Advantage Fund Direct Growth?
What is the PE and PB ratio of NJ Balanced Advantage Fund Direct Growth?
What are the top 5 holdings of NJ Balanced Advantage Fund Direct Growth?
What are the top 3 sectors that NJ Balanced Advantage Fund Direct Growth has invested in?
Who is the manager of NJ Balanced Advantage Fund Direct Growth?
What is the exit load of NJ Balanced Advantage Fund Direct Growth?
How to Redeem NJ Balanced Advantage Fund Direct Growth?
Can I invest in SIP and a Lump Sum of NJ Balanced Advantage Fund Direct Growth?
