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Top 3 Best Balanced Funds by Nippon/Reliance Mutual Fund 2024

Updated on September 6, 2024 , 5207 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 (%)	2023 (%)
Nippon India Equity Hybrid Fund Growth	₹103.468 ↑ 0.04	₹3,824	10.4	13.4	30.3	17	15.9	24.1
Nippon India Arbitrage Fund Growth	₹25.1721 ↓ 0.00	₹15,617	1.6	3.7	7.5	5.9	5.2	7
Nippon India Balanced Advantage Fund Growth	₹173.191 ↑ 0.12	₹8,622	8.3	11.7	25.3	12.6	14.3	17.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 5 Sep 24

1. 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 12.9% since its launch. Ranked 8 in Hybrid Equity category. Return for 2023 was 24.1% , 2022 was 6.6% and 2021 was 27.8% .

Below is the key information for Nippon India Equity Hybrid Fund

Nippon India Equity Hybrid Fund Growth
Launch Date	8 Jun 05
NAV (05 Sep 24)	₹103.468 ↑ 0.04 (0.04 %)
Net Assets (Cr)	₹3,824 on 31 Jul 24
Category	Hybrid - Hybrid Equity
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	2.02
Sharpe Ratio	2.5
Information Ratio	1.11
Alpha Ratio	2.53
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 Aug 19	₹10,000
31 Aug 20	₹8,871
31 Aug 21	₹12,863
31 Aug 22	₹13,621
31 Aug 23	₹15,702
31 Aug 24	₹20,731

Nippon India Equity Hybrid Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579 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 5 Sep 24

Duration	Returns
1 Month	4.7%
3 Month	10.4%
6 Month	13.4%
1 Year	30.3%
3 Year	17%
5 Year	15.9%
10 Year
15 Year
Since launch	12.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	24.1%
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%

Fund Manager information for Nippon India Equity Hybrid Fund

Name	Since	Tenure
Meenakshi Dawar	10 Sep 21	2.89 Yr.
Kinjal Desai	25 May 18	6.19 Yr.
Sushil Budhia	1 Feb 20	4.5 Yr.
Akshay Sharma	1 Dec 22	1.67 Yr.

Data below for Nippon India Equity Hybrid Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	4.55%
Equity	74.28%
Debt	21.18%

Equity Sector Allocation

Sector	Value
Financial Services	21.99%
Consumer Cyclical	9.89%
Industrials	8.99%
Technology	7.22%
Health Care	6.47%
Consumer Defensive	4.49%
Energy	4.4%
Utility	4.25%
Communication Services	3%
Basic Materials	2.87%
Real Estate	0.62%

Debt Sector Allocation

Sector	Value
Corporate	16.22%
Government	4.96%
Cash Equivalent	4.55%

Credit Quality

Rating	Value
A	2.6%
AA	40.97%
AAA	56.42%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 10 \| HDFCBANK	5%	₹191 Cr	1,182,356
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 12 \| ICICIBANK	5%	₹191 Cr	1,570,000
Infosys Ltd (Technology) Equity, Since 28 Feb 11 \| INFY	4%	₹136 Cr	730,000
Larsen & Toubro Ltd (Industrials) Equity, Since 28 Feb 13 \| LT	4%	₹135 Cr	354,838
NTPC Ltd (Utilities) Equity, Since 31 Aug 20 \| 532555	3%	₹123 Cr	2,950,620
Reliance Industries Ltd (Energy) Equity, Since 31 Jul 14 \| RELIANCE	3%	₹121 Cr	403,000 ↓ -100,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Sep 18 \| 532215	3%	₹109 Cr	933,200
Sun Pharmaceuticals Industries Ltd (Healthcare) Equity, Since 31 Oct 11 \| SUNPHARMA	3%	₹103 Cr	600,000 ↓ -100,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Dec 19 \| BHARTIARTL	3%	₹99 Cr	665,000
State Bank of India (Financial Services) Equity, Since 31 Jul 16 \| SBIN	2%	₹88 Cr	1,010,000

2. 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 6.9% since its launch. Ranked 3 in Arbitrage category. Return for 2023 was 7% , 2022 was 4.2% and 2021 was 3.8% .

Below is the key information for Nippon India Arbitrage Fund

Nippon India Arbitrage Fund Growth
Launch Date	14 Oct 10
NAV (05 Sep 24)	₹25.1721 ↓ 0.00 (-0.01 %)
Net Assets (Cr)	₹15,617 on 31 Jul 24
Category	Hybrid - Arbitrage
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	1.07
Sharpe Ratio	1.49
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 Aug 19	₹10,000
31 Aug 20	₹10,469
31 Aug 21	₹10,889
31 Aug 22	₹11,258
31 Aug 23	₹11,994
31 Aug 24	₹12,892

Nippon India Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 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 5 Sep 24

Duration	Returns
1 Month	0.5%
3 Month	1.6%
6 Month	3.7%
1 Year	7.5%
3 Year	5.9%
5 Year	5.2%
10 Year
15 Year
Since launch	6.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
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%

Fund Manager information for Nippon India Arbitrage Fund

Name	Since	Tenure
Anju Chhajer	1 Feb 20	4.5 Yr.
Anand Gupta	12 Sep 18	5.89 Yr.
Rohit Shah	8 Apr 24	0.31 Yr.

Data below for Nippon India Arbitrage Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	94.77%
Debt	5.5%
Other	0.04%

Equity Sector Allocation

Sector	Value
Financial Services	26.78%
Industrials	10.33%
Basic Materials	8.38%
Energy	7.08%
Communication Services	7.02%
Health Care	5.07%
Technology	3.87%
Consumer Cyclical	3.67%
Consumer Defensive	2.44%
Utility	2.38%
Real Estate	0.55%

Debt Sector Allocation

Sector	Value
Cash Equivalent	86.17%
Corporate	10.55%
Government	3.55%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Nippon India Money Market Dir Gr Investment Fund \| -	10%	₹1,500 Cr	3,829,486
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jan 23 \| HDFCBANK	6%	₹1,015 Cr	6,282,100 ↑ 917,400
Hdfc Bank Limited_29/08/2024 Derivatives \| -	6%	-₹983 Cr	6,042,300 ↑ 6,042,300
Nippon India Liquid Dir Gr Investment Fund \| -	5%	₹710 Cr	1,172,380 ↓ -961,407
Future on Vodafone Idea Ltd Derivatives \| -	4%	-₹561 Cr	341,560,000 ↑ 16,040,000
Vodafone Idea Ltd (Communication Services) Equity, Since 30 Nov 20 \| 532822	4%	₹556 Cr	341,560,000 ↑ 16,040,000
Vedanta Ltd (Basic Materials) Equity, Since 30 Sep 23 \| 500295	3%	₹514 Cr	11,398,800 ↑ 3,091,200
Vedanta Limited_29/08/2024 Derivatives \| -	3%	-₹513 Cr	11,398,800 ↑ 11,398,800
Nippon India Low Duration Dir Gr Investment Fund \| -	3%	₹479 Cr	1,297,639 ↑ 610,684
Future on Hindustan Aeronautics Ltd Ordinary Shares Derivatives \| -	3%	-₹393 Cr	795,000 ↓ -73,200

3. Nippon India Balanced Advantage Fund

(Erstwhile Reliance NRI Equity Fund)

The investment objective of the Scheme is to generate optimal returns by investing in equity or equity related instruments primarily drawn from the Companies in the S&P BSE 200 Index. The Scheme may also invest in listed companies that are in the top 200 by market capitalization on the BSE. The Scheme may also invest in large IPO’s where the market capitalization of the Company making the IPO based on the Issue price would make such company to be a part of the top 200 companies listed on the BSE based on market capitalization. The fund will have the flexibility to invest in a broad range of companies with an objective to maximize the returns, at the same time trying to minimize the risk by reasonable diversification. The selection of the companies will be done so as to capture the growth in the Indian economy. The fund will be focusing on companies with relatively higher market capitalization and having good liquidity in the stock market.

Nippon India Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 15 Nov 04. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.5% since its launch. Ranked 46 in Dynamic Allocation category. Return for 2023 was 17.5% , 2022 was 5.1% and 2021 was 15.7% .

Below is the key information for Nippon India Balanced Advantage Fund

Nippon India Balanced Advantage Fund Growth
Launch Date	15 Nov 04
NAV (05 Sep 24)	₹173.191 ↑ 0.12 (0.07 %)
Net Assets (Cr)	₹8,622 on 31 Jul 24
Category	Hybrid - Dynamic Allocation
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.77
Sharpe Ratio	2.62
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹10,562
31 Aug 21	₹13,537
31 Aug 22	₹14,118
31 Aug 23	₹15,329
31 Aug 24	₹19,422

Nippon India Balanced Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710 Invest Now

Returns for Nippon India Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24

Duration	Returns
1 Month	2.9%
3 Month	8.3%
6 Month	11.7%
1 Year	25.3%
3 Year	12.6%
5 Year	14.3%
10 Year
15 Year
Since launch	15.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	17.5%
2022	5.1%
2021	15.7%
2020	11.2%
2019	8.3%
2018	0.4%
2017	25.2%
2016	6.4%
2015	0.9%
2014	38.4%

Fund Manager information for Nippon India Balanced Advantage Fund

Name	Since	Tenure
Ashutosh Bhargava	7 May 18	6.24 Yr.
Kinjal Desai	25 May 18	6.19 Yr.
Amar Kalkundrikar	20 Oct 20	3.78 Yr.
Sushil Budhia	31 Mar 21	3.34 Yr.

Data below for Nippon India Balanced Advantage Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	23.36%
Equity	53.53%
Debt	23.11%

Equity Sector Allocation

Sector	Value
Financial Services	22.23%
Consumer Defensive	9.33%
Technology	8.53%
Industrials	7.88%
Consumer Cyclical	7.79%
Communication Services	4.57%
Utility	3.55%
Energy	3.44%
Health Care	2.06%
Basic Materials	1.32%
Real Estate	0.78%

Debt Sector Allocation

Sector	Value
Cash Equivalent	23.36%
Corporate	13.92%
Government	7.97%
Securitized	1.21%

Credit Quality

Rating	Value
AA	29.89%
AAA	70.11%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 Aug 18 \| ICICIBANK	6%	₹543 Cr	4,465,426
HDFC Bank Ltd (Financial Services) Equity, Since 31 Oct 11 \| HDFCBANK	5%	₹466 Cr	2,884,813
Infosys Ltd (Technology) Equity, Since 31 May 09 \| INFY	4%	₹387 Cr	2,072,950 ↑ 75,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Aug 18 \| BHARTIARTL	3%	₹278 Cr	1,862,468
NTPC Ltd (Utilities) Equity, Since 31 Mar 21 \| 532555	3%	₹263 Cr	6,319,300
Reliance Industries Ltd (Energy) Equity, Since 31 May 18 \| RELIANCE	2%	₹213 Cr	706,745 ↓ -200,000
ITC Ltd (Consumer Defensive) Equity, Since 31 Jul 18 \| ITC	2%	₹194 Cr	3,912,313
Axis Bank Ltd (Financial Services) Equity, Since 31 Oct 18 \| 532215	2%	₹184 Cr	1,579,434 ↓ -275,000
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Jan 21 \| LT	2%	₹184 Cr	482,495
Future on ICICI Bank Ltd Derivatives \| -	2%	-₹168 Cr	1,386,000 ↑ 290,500

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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.