Nippon India Balanced Advantage Fund - IDCW Option

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NAV
₹ 33.0712 ₹ 0.06 (0.18 %)
as on 24-05-2024
Asset Size (AUM)
7,928.38 Cr
Launch Date
Nov 15, 2004
Investment Objective
The scheme aims to generate optimal returns by investing in equity & equity related instruments of Indian companies primarily drawn from BSE 200.
Minimum Investment 100.0
Minimum Top-up 100.0
Investment Returns Since Launch in Nov 15, 2004
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14.53

%
3 M
6 M
1 Y
3 Y
10 Y
Inception
Sharp Ratio
0.74 %
Expense Ratio
1.76%
Volatility
13.46 %
Fund House
Nippon India Mutual Fund
Fund Manager
Ashutosh Bhargava, Amar Kalkundrikar, Sushil Budhia
Key Features
Scheme description
This fund has moderate ups and downs compared to equity funds and can give better returns than fixed income instruments as it keeps rebalancing it investments across different asset classes. Investment in this fund can be made for a horizon of at least 3 years or more
Minimum Purchase Application Amount
Rs. 100.0 (plus in multiples of Rs. 100.0)

Entry Load
Not applicable
Exit Load
For more than 10% of investments 1% will be charged if redeemed within 12 month
Indicative Investment Horizon
5 Years and above
Asset Allocation
Fund's historical return comparison with other asset classes
Fund Performance
Fund's historical return comparison with other asset classes
Performance

Scheme Performance (%)

Data as on - 24-05-2024

Yearly Performance (%)

Investment Returns Calculator
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Peer Comparison
Scheme Name Inception Date 1 Year Return % 2 Year Return % 3 Year Return % 5 Year Return % 10 Year Return %
Nippon India Balanced Advantage Fund - IDCW Option 15-11-2004 25.22 17.53 12.76 11.74 10.76
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option 05-11-2004 25.26 17.57 12.78 11.98 11.3
Portfolio Analysis
Portfolio as on
Sector Allocation
Sector Allocation (%)
Portfolio Holdings
Company Allocation (%)
Sector Allocation
Portfolio Holdings