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Top 3 Best Balanced Funds by Nippon/Reliance Mutual Fund 2023

Updated on January 31, 2023 , 3838 views

Balanced Fund are a combination of both debt and Equity Funds. These funds provide benefits of both funds, i.e., long-term wealth creation by equity and regular returns by Investing in Debt fund. Generally, these funds are a good option for the investors who are looking for ways to diversify their investments within a short to medium time period with less risk to moderate risk.

Nippon India Mutual Fund (Formerly known as Reliance Mutual Fund), being one of the leading AMCs in India, investors often look at the top performing schemes of this fund house. Thus, we have shortlisted top 3 best balanced funds by Nippon/Reliance MF. Important parameters like AUM, NAV, past performances, have been undertaken to shortlist these funds. Investors can invest in these balanced funds and earn optimal returns.

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Important Information

From October 2019, Reliance Mutual Fund has been renamed as Nippon India Mutual Fund. Nippon Life has acquired majority (75%) stakes in Reliance Nippon Asset Management (RNAM). The company will continue to run its operations without any change in structure and management.

Why Invest in Nippon/Reliance Mutual Funds?

Innovative: The AMC consistently delivers new and innovative schemes to its investors.
Great Customer Care: The company takes great care of its investors. It has a very stable and high-functioning customer support team in place to help the investors.
Seasoned Experience: Reliance has been in the Market for over two decades. It has an experience and expertise in fund management and financial services.
Strong Network: The distribution network of Nippon India Mutual Fund is very strong. It has a presence in over 150 cities in India.

Best Nippon/Reliance Balanced Mutual Funds

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2022 (%)
Nippon India Arbitrage Fund Growth	₹22.4657 ↓ -0.01	₹8,841	1.6	2.7	4.3	4.1	4.9	4.2
Nippon India Equity Hybrid Fund Growth	₹69.1907 ↑ 0.09	₹2,929	-1.3	4	2.2	8.5	4.5	6.6
Nippon India Hybrid Bond Fund Growth	₹46.2983 ↑ 0.02	₹722	1.1	2.9	4.4	3.2	2.5	4.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 Feb 23

1. Nippon India Arbitrage Fund

(Erstwhile Reliance Arbitrage Advantage Fund)

The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.

Nippon India Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 14 Oct 10. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.8% since its launch. Ranked 3 in Arbitrage category. Return for 2022 was 4.2% , 2021 was 3.8% and 2020 was 4.3% .

Below is the key information for Nippon India Arbitrage Fund

Nippon India Arbitrage Fund Growth
Launch Date	14 Oct 10
NAV (02 Feb 23)	₹22.4657 ↓ -0.01 (-0.07 %)
Net Assets (Cr)	₹8,841 on 31 Dec 22
Category	Hybrid - Arbitrage
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	1.02
Sharpe Ratio	-1.4
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Months (0.25%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Jan 18	₹10,000
31 Jan 19	₹10,650
31 Jan 20	₹11,309
31 Jan 21	₹11,745
31 Jan 22	₹12,229
31 Jan 23	₹12,735

Nippon India Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹340,450.
Net Profit of ₹40,450 Invest Now

Returns for Nippon India Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

Duration	Returns
1 Month	0.5%
3 Month	1.6%
6 Month	2.7%
1 Year	4.3%
3 Year	4.1%
5 Year	4.9%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	4.2%
2021	3.8%
2020	4.3%
2019	6.2%
2018	6.8%
2017	5.5%
2016	6.6%
2015	8.1%
2014	8%
2013	9.7%

Fund Manager information for Nippon India Arbitrage Fund

Name	Since	Tenure
Anju Chhajer	1 Feb 20	2.92 Yr.
Kinjal Desai	25 May 18	4.61 Yr.
Anand Gupta	12 Sep 18	4.3 Yr.
Akshay Sharma	1 Dec 22	0.08 Yr.

Data below for Nippon India Arbitrage Fund as on 31 Dec 22

Asset Allocation

Asset Class	Value
Cash	92.53%
Debt	7.88%

Equity Sector Allocation

Sector	Value
Financial Services	23.12%
Basic Materials	12.47%
Industrials	8.49%
Consumer Cyclical	5.03%
Energy	5.02%
Technology	3.98%
Health Care	3.44%
Communication Services	3.13%
Consumer Defensive	3.05%
Utility	1.79%
Real Estate	0.55%

Debt Sector Allocation

Sector	Value
Cash Equivalent	86.07%
Government	6.69%
Corporate	6.28%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Nippon India Money Market Dir Gr Investment Fund \| -	7%	₹651 Cr	1,868,640
Nippon India Liquid Dir Gr Investment Fund \| -	5%	₹463 Cr	855,533
Nippon India Low Duration Dir Gr Investment Fund \| -	4%	₹371 Cr	1,131,266
Future on Kotak Mahindra Bank Ltd Derivatives \| -	4%	-₹367 Cr	1,996,800 ↑ 1,996,800
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Mar 22 \| KOTAKBANK	4%	₹365 Cr	1,996,800 ↑ 1,294,000
Future on ICICI Bank Ltd Derivatives \| -	3%	-₹290 Cr	3,228,400 ↑ 3,228,400
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 20 \| ICICIBANK	3%	₹288 Cr	3,228,400 ↑ 241,900
Future on Adani Ports & Special Economic Zone Ltd Derivatives \| -	3%	-₹279 Cr	3,386,875 ↑ 3,386,875
Adani Ports & Special Economic Zone Ltd (Industrials) Equity, Since 31 Oct 19 \| ADANIPORTS	3%	₹277 Cr	3,386,875 ↓ -46,875
Future on Reliance Industries Ltd Derivatives \| -	3%	-₹232 Cr	906,250 ↑ 906,250

2. Nippon India Equity Hybrid Fund

(Erstwhile Reliance Regular Savings Fund - Balanced Plan)

The primary investment objective of this option is to generate consistent returns and appreciation of capital by investing in mix of securities comprising of Equity, Equity related instruments & fixed income instruments.

Nippon India Equity Hybrid Fund is a Hybrid - Hybrid Equity fund was launched on 8 Jun 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.6% since its launch. Ranked 8 in Hybrid Equity category. Return for 2022 was 6.6% , 2021 was 27.8% and 2020 was -5.3% .

Below is the key information for Nippon India Equity Hybrid Fund

Nippon India Equity Hybrid Fund Growth
Launch Date	8 Jun 05
NAV (02 Feb 23)	₹69.1907 ↑ 0.09 (0.12 %)
Net Assets (Cr)	₹2,929 on 31 Dec 22
Category	Hybrid - Hybrid Equity
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	2.01
Sharpe Ratio	0.18
Information Ratio	-0.51
Alpha Ratio	1.79
Min Investment	500
Min SIP Investment	100
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Jan 18	₹10,000
31 Jan 19	₹9,120
31 Jan 20	₹9,551
31 Jan 21	₹9,078
31 Jan 22	₹11,712
31 Jan 23	₹12,225

Nippon India Equity Hybrid Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹340,450.
Net Profit of ₹40,450 Invest Now

Returns for Nippon India Equity Hybrid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

Duration	Returns
1 Month	-2%
3 Month	-1.3%
6 Month	4%
1 Year	2.2%
3 Year	8.5%
5 Year	4.5%
10 Year
15 Year
Since launch	11.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	6.6%
2021	27.8%
2020	-5.3%
2019	3%
2018	-4.9%
2017	29.5%
2016	4.2%
2015	8.7%
2014	43.2%
2013	3.5%

Fund Manager information for Nippon India Equity Hybrid Fund

Name	Since	Tenure
Meenakshi Dawar	10 Sep 21	1.31 Yr.
Kinjal Desai	25 May 18	4.61 Yr.
Sushil Budhia	1 Feb 20	2.92 Yr.

Data below for Nippon India Equity Hybrid Fund as on 31 Dec 22

Asset Allocation

Asset Class	Value
Cash	3.32%
Equity	72.76%
Debt	23.92%

Equity Sector Allocation

Sector	Value
Financial Services	26.98%
Technology	9.16%
Industrials	7.93%
Consumer Cyclical	5.49%
Consumer Defensive	5.45%
Health Care	5.28%
Energy	5.1%
Basic Materials	2.81%
Communication Services	2.43%
Utility	1.68%
Real Estate	0.46%

Debt Sector Allocation

Sector	Value
Corporate	15.03%
Government	8.89%
Cash Equivalent	3.32%

Credit Quality

Rating	Value
A	2.7%
AA	27.2%
AAA	70.11%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 28 Feb 11 \| INFY	6%	₹181 Cr	1,200,000
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 10 \| HDFCBANK	5%	₹145 Cr	891,000
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 12 \| ICICIBANK	5%	₹140 Cr	1,570,000 ↓ -120,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jul 14 \| RELIANCE	5%	₹140 Cr	548,000
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 28 Feb 17 \| HDFC	5%	₹135 Cr	512,236
Larsen & Toubro Ltd (Industrials) Equity, Since 28 Feb 13 \| LT	4%	₹120 Cr	575,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Sep 18 \| AXISBANK	4%	₹113 Cr	1,209,000
Sun Pharmaceuticals Industries Ltd (Healthcare) Equity, Since 31 Oct 11 \| SUNPHARMA	3%	₹84 Cr	840,000
State Bank of India (Financial Services) Equity, Since 31 Jul 16 \| SBIN	3%	₹80 Cr	1,300,000
ITC Ltd (Consumer Defensive) Equity, Since 31 Mar 16 \| ITC	3%	₹76 Cr	2,300,000

3. Nippon India Hybrid Bond Fund

(Erstwhile Reliance Monthly Income Plan)

The primary investment objective of the Scheme is to generate regular income in order to make regular dividend payments to unit holders and the secondary objective is growth of capital.

Nippon India Hybrid Bond Fund is a Hybrid - Hybrid Debt fund was launched on 29 Dec 03. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.4% since its launch. Ranked 30 in Hybrid Debt category. Return for 2022 was 4.8% , 2021 was 10.1% and 2020 was -8.5% .

Below is the key information for Nippon India Hybrid Bond Fund

Nippon India Hybrid Bond Fund Growth
Launch Date	29 Dec 03
NAV (02 Feb 23)	₹46.2983 ↑ 0.02 (0.04 %)
Net Assets (Cr)	₹722 on 31 Dec 22
Category	Hybrid - Hybrid Debt
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.88
Sharpe Ratio	-0.08
Information Ratio	-1.06
Alpha Ratio	0.69
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Jan 18	₹10,000
31 Jan 19	₹10,402
31 Jan 20	₹10,204
31 Jan 21	₹9,737
31 Jan 22	₹10,747
31 Jan 23	₹11,218

Nippon India Hybrid Bond Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹323,701.
Net Profit of ₹23,701 Invest Now

Returns for Nippon India Hybrid Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

Duration	Returns
1 Month	0.1%
3 Month	1.1%
6 Month	2.9%
1 Year	4.4%
3 Year	3.2%
5 Year	2.5%
10 Year
15 Year
Since launch	8.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	4.8%
2021	10.1%
2020	-8.5%
2019	2.8%
2018	4%
2017	9.3%
2016	9.2%
2015	6.2%
2014	23.4%
2013	3.5%

Fund Manager information for Nippon India Hybrid Bond Fund

Name	Since	Tenure
Dhrumil Shah	10 Sep 21	1.31 Yr.
Kinjal Desai	29 Dec 03	19.02 Yr.
Sushil Budhia	1 Feb 20	2.92 Yr.

Data below for Nippon India Hybrid Bond Fund as on 31 Dec 22

Asset Allocation

Asset Class	Value
Cash	19.18%
Equity	12.36%
Debt	68.46%

Equity Sector Allocation

Sector	Value
Financial Services	4.47%
Technology	1.7%
Energy	1.57%
Consumer Defensive	1.04%
Industrials	0.93%
Basic Materials	0.85%
Consumer Cyclical	0.82%
Health Care	0.47%
Communication Services	0.28%
Utility	0.23%

Debt Sector Allocation

Sector	Value
Corporate	64.17%
Cash Equivalent	15.86%
Government	7.62%

Credit Quality

Rating	Value
A	25.24%
AA	41.28%
AAA	33.48%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Rural Electrification Corporation Limited Debentures \| -	6%	₹44 Cr	450
Lodha Developers Private Limited Debentures \| -	4%	₹28 Cr	280
JSW Steel Limited Debentures \| -	3%	₹25 Cr	250
7.35% Govt Stock 2024 Sovereign Bonds \| -	3%	₹25 Cr	2,500,000
The Tata Power Company Limited Debentures \| -	3%	₹25 Cr	250
Shriram Housing Finance Limited Debentures \| -	3%	₹25 Cr	250
7.1% Govt Stock 2029 Sovereign Bonds \| -	3%	₹25 Cr	2,500,000
Spandana Sphoorty Financial Limited Debentures \| -	3%	₹25 Cr	250
Tata Realty And Infrastructure Limited Debentures \| -	3%	₹24 Cr	250
Greenlam Industries Limited Debentures \| -	3%	₹24 Cr	250

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.