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

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

Updated on June 13, 2024 , 5094 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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NipponIndia-MF

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

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
Nippon India Equity Hybrid Fund Growth ₹97.4539
↑ 0.40
₹3,5238.813.730.916.412.424.1
Nippon India Arbitrage Fund Growth ₹24.8124
↑ 0.01
₹14,7962.14.37.85.75.27
Nippon India Balanced Advantage Fund Growth ₹163.928
↑ 0.57
₹7,9286.811.22412.312.317.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Jun 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 12.7% 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 (14 Jun 24) ₹97.4539 ↑ 0.40   (0.41 %)
Net Assets (Cr) ₹3,523 on 30 Apr 24
Category Hybrid - Hybrid Equity
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 2.06
Sharpe Ratio 2.89
Information Ratio 1.24
Alpha Ratio 4.76
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.

DateValue
31 May 19₹10,000
31 May 20₹7,154
31 May 21₹11,132
31 May 22₹11,894
31 May 23₹13,613
31 May 24₹17,439

Nippon India Equity Hybrid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
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 14 Jun 24

DurationReturns
1 Month 5.5%
3 Month 8.8%
6 Month 13.7%
1 Year 30.9%
3 Year 16.4%
5 Year 12.4%
10 Year
15 Year
Since launch 12.7%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Meenakshi Dawar10 Sep 212.64 Yr.
Kinjal Desai25 May 185.94 Yr.
Sushil Budhia1 Feb 204.25 Yr.
Akshay Sharma1 Dec 221.41 Yr.

Data below for Nippon India Equity Hybrid Fund as on 30 Apr 24

Asset Allocation
Asset ClassValue
Cash3.98%
Equity75.84%
Debt20.18%
Equity Sector Allocation
SectorValue
Financial Services24.28%
Industrials9.57%
Consumer Cyclical8.48%
Health Care7.21%
Technology5.82%
Energy5.61%
Utility4.1%
Consumer Defensive3.68%
Basic Materials3.24%
Communication Services2.96%
Real Estate0.91%
Debt Sector Allocation
SectorValue
Corporate16.44%
Cash Equivalent3.98%
Government3.74%
Credit Quality
RatingValue
A2.8%
AA51.15%
AAA46.05%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 12 | ICICIBANK
5%₹181 Cr1,570,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 10 | HDFCBANK
5%₹180 Cr1,182,356
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 14 | RELIANCE
4%₹148 Cr503,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 13 | LT
4%₹128 Cr354,838
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532215
3%₹109 Cr933,200
NTPC Ltd (Utilities)
Equity, Since 31 Aug 20 | 532555
3%₹107 Cr2,950,620
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Oct 11 | SUNPHARMA
3%₹105 Cr700,000
Infosys Ltd (Technology)
Equity, Since 28 Feb 11 | INFY
3%₹104 Cr730,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 16 | SBIN
3%₹91 Cr1,100,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
3%₹91 Cr685,000

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 (14 Jun 24) ₹24.8124 ↑ 0.01   (0.04 %)
Net Assets (Cr) ₹14,796 on 30 Apr 24
Category Hybrid - Arbitrage
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately Low
Expense Ratio 1.06
Sharpe Ratio 1.28
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.

DateValue
31 May 19₹10,000
31 May 20₹10,608
31 May 21₹10,922
31 May 22₹11,333
31 May 23₹11,945
31 May 24₹12,851

Nippon India Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 14 Jun 24

DurationReturns
1 Month 0.8%
3 Month 2.1%
6 Month 4.3%
1 Year 7.8%
3 Year 5.7%
5 Year 5.2%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Anju Chhajer1 Feb 204.25 Yr.
Anand Gupta12 Sep 185.64 Yr.
Rohit Shah8 Apr 240.06 Yr.

Data below for Nippon India Arbitrage Fund as on 30 Apr 24

Asset Allocation
Asset ClassValue
Cash95.43%
Debt4.92%
Other0.04%
Equity Sector Allocation
SectorValue
Financial Services26.64%
Industrials11.46%
Basic Materials7.78%
Energy6.83%
Technology4.55%
Health Care4.28%
Communication Services3.91%
Consumer Defensive3.31%
Consumer Cyclical3.06%
Utility2.89%
Real Estate0.23%
Debt Sector Allocation
SectorValue
Cash Equivalent85.37%
Corporate11.05%
Government3.94%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nippon India Money Market Dir Gr
Investment Fund | -
9%₹1,324 Cr3,442,536
↑ 783,716
Future on HDFC Life Insurance Company Limited
Derivatives | -
7%-₹1,001 Cr8,432,600
↑ 6,645,100
Nippon India Liquid Dir Gr
Investment Fund | -
7%₹972 Cr1,634,416
↓ -505,108
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK
6%₹831 Cr5,464,800
↓ -771,100
Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -
4%-₹626 Cr4,701,200
↑ 1,329,200
Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Oct 19 | ADANIPORTS
4%₹623 Cr4,701,200
↑ 1,329,200
Future on Kotak Mahindra Bank Ltd
Derivatives | -
3%-₹450 Cr2,748,400
↑ 241,600
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Aug 23 | KOTAKBANK
3%₹446 Cr2,748,400
↑ 241,600
Future on Bank of Baroda
Derivatives | -
2%-₹346 Cr12,191,400
↑ 1,120,275
Bank of Baroda (Financial Services)
Equity, Since 31 Mar 23 | 532134
2%₹343 Cr12,191,400
↑ 1,120,275

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 15.4% 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 (14 Jun 24) ₹163.928 ↑ 0.57   (0.35 %)
Net Assets (Cr) ₹7,928 on 30 Apr 24
Category Hybrid - Dynamic Allocation
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 1.86
Sharpe Ratio 2.77
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.

DateValue
31 May 19₹10,000
31 May 20₹8,987
31 May 21₹12,307
31 May 22₹12,871
31 May 23₹14,121
31 May 24₹17,335

Nippon India Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
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 14 Jun 24

DurationReturns
1 Month 3.8%
3 Month 6.8%
6 Month 11.2%
1 Year 24%
3 Year 12.3%
5 Year 12.3%
10 Year
15 Year
Since launch 15.4%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Ashutosh Bhargava7 May 185.99 Yr.
Kinjal Desai25 May 185.94 Yr.
Amar Kalkundrikar20 Oct 203.53 Yr.
Sushil Budhia31 Mar 213.09 Yr.

Data below for Nippon India Balanced Advantage Fund as on 30 Apr 24

Asset Allocation
Asset ClassValue
Cash18.63%
Equity57.65%
Debt23.72%
Equity Sector Allocation
SectorValue
Financial Services23.85%
Consumer Cyclical8.37%
Industrials8.21%
Consumer Defensive7.6%
Technology5.68%
Energy4.27%
Communication Services3.89%
Utility3.27%
Health Care2.64%
Basic Materials2.2%
Real Estate0.01%
Debt Sector Allocation
SectorValue
Cash Equivalent18.63%
Corporate14.4%
Government8.03%
Securitized1.3%
Credit Quality
RatingValue
AA34.49%
AAA65.51%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
6%₹514 Cr4,465,426
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK
5%₹408 Cr2,684,813
Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY
3%₹270 Cr1,897,950
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
3%₹266 Cr906,745
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | BHARTIARTL
3%₹246 Cr1,862,468
NTPC Ltd (Utilities)
Equity, Since 31 Mar 21 | 532555
3%₹230 Cr6,319,300
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
3%₹216 Cr1,854,434
7.18% Govt Stock 2037
Sovereign Bonds | -
2%₹185 Cr18,600,000
↓ -1,500,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC
2%₹170 Cr3,912,313
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LT
2%₹143 Cr397,495
↓ -115,000

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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.
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