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AllocationDynamic Asset Allocation

NJ Balanced Advantage Fund Direct Growth

3Y Annualised

10.93%

% 1D

Fund Performance

Fund Multiplier

Fund Info

Peer Comparison

Fund Managers

AMC Details

Performance

1M Returns

2.44%

0.00% 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 8 months

NIFTY 50

6 years 5 months

FD

9 years 7 months

Fund info

Fund size

₹3630.92 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

Fund Managers

RS
Rishi SharmaFund Manager Since 1 Nov 2021

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 ₹3630.92 Cr worth of assets under management (AUM) as of Wed Apr 02 2025. The latest Net Asset Value (NAV) of NJ Balanced Advantage Fund Direct Growth as of Tue Apr 01 2025 is ₹13.33. The fund has an expense ratio of 0.64%, which is medium comparable to most other Allocation funds.

NJ Balanced Advantage Fund Direct Growth returns for the last 1 year are 1.51%. Since launch, it has delivered 8.98% average annual returns.

The NJ Balanced Advantage Fund Direct Growth has the majority of its money invested in null, Energy, Technology, Healthcare, Financial Services, Consumer Cyclical sectors.

Top 5 Holdings of NJ Balanced Advantage Fund Direct Growth.

  1. Future on Reliance Industries Ltd: 8.71%
  2. Reliance Industries Ltd: 8.63%
  3. HCL Technologies Ltd: 3.27%
  4. Ajanta Pharma Ltd: 2.88%
  5. Alkem Laboratories Ltd: 2.84%

AMC Information

NameNJ Asset Management Private Limited
Founding Date2021-10-29
Emailcomplianceamc@njgroup.in
Phone022 68940000
Websitewww.njmutualfund.com
AddressNJ 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 GainsIncome tax rate applicable to the Unitholders as per their income slabs.
Long Term GainsIncome tax rate applicable to the Unitholders as per their income slabs.

Similar Funds from NJ Asset Management Private Limited

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₹1,000+ cr

AUM

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