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

Updated on June 2, 2023 , 4194 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 Equity Hybrid Fund Growth	₹73.4185 ↑ 0.27	₹2,821	7.3	1.9	14.5	22.8	6.2	6.6
Nippon India Arbitrage Fund Growth	₹22.9672 ↓ -0.01	₹8,475	1.7	3.4	5.5	4.2	5	4.2
Nippon India Balanced Advantage Fund Growth	₹130.987 ↑ 0.36	₹6,712	5	1.1	10	15.5	9	5.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 Jun 23

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 11.7% 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 Jun 23)	₹73.4185 ↑ 0.27 (0.36 %)
Net Assets (Cr)	₹2,821 on 30 Apr 23
Category	Hybrid - Hybrid Equity
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	2.01
Sharpe Ratio	0.24
Information Ratio	1.1
Alpha Ratio	2.79
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 May 18	₹10,000
31 May 19	₹9,859
31 May 20	₹7,053
31 May 21	₹10,975
31 May 22	₹11,726
31 May 23	₹13,421

Nippon India Equity Hybrid Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992 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 Jun 23

Duration	Returns
1 Month	2.6%
3 Month	7.3%
6 Month	1.9%
1 Year	14.5%
3 Year	22.8%
5 Year	6.2%
10 Year
15 Year
Since launch	11.7%

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	1.64 Yr.
Kinjal Desai	25 May 18	4.93 Yr.
Sushil Budhia	1 Feb 20	3.24 Yr.

Data below for Nippon India Equity Hybrid Fund as on 30 Apr 23

Asset Allocation

Asset Class	Value
Cash	5.47%
Equity	74.54%
Debt	19.99%

Equity Sector Allocation

Sector	Value
Financial Services	27.54%
Industrials	9.86%
Technology	7.09%
Consumer Defensive	6.25%
Consumer Cyclical	5.63%
Health Care	5.34%
Energy	5.08%
Basic Materials	2.9%
Communication Services	2.49%
Utility	1.8%
Real Estate	0.54%

Debt Sector Allocation

Sector	Value
Corporate	14.92%
Cash Equivalent	5.47%
Government	5.06%

Credit Quality

Rating	Value
A	3.15%
AA	29.71%
AAA	67.14%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 10 \| HDFCBANK	5%	₹150 Cr	891,000
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 12 \| ICICIBANK	5%	₹144 Cr	1,570,000
Larsen & Toubro Ltd (Industrials) Equity, Since 28 Feb 13 \| LT	5%	₹136 Cr	575,000
Infosys Ltd (Technology) Equity, Since 28 Feb 11 \| INFY	5%	₹135 Cr	1,080,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jul 14 \| RELIANCE	5%	₹133 Cr	548,000
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 28 Feb 17 \| HDFC	5%	₹131 Cr	472,236 ↓ -40,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Sep 18 \| AXISBANK	4%	₹104 Cr	1,209,000
ITC Ltd Shs Dematerialised (Consumer Defensive) Equity, Since 31 Mar 16 \| ITC	3%	₹98 Cr	2,300,000
Sun Pharmaceuticals Industries Ltd (Healthcare) Equity, Since 31 Oct 11 \| SUNPHARMA	3%	₹83 Cr	840,000
State Bank of India (Financial Services) Equity, Since 31 Jul 16 \| SBIN	3%	₹75 Cr	1,300,000

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 6.8% 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 Jun 23)	₹22.9672 ↓ -0.01 (-0.03 %)
Net Assets (Cr)	₹8,475 on 30 Apr 23
Category	Hybrid - Arbitrage
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	1.02
Sharpe Ratio	-1.54
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 May 18	₹10,000
31 May 19	₹10,684
31 May 20	₹11,334
31 May 21	₹11,669
31 May 22	₹12,108
31 May 23	₹12,763

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 Jun 23

Duration	Returns
1 Month	0.6%
3 Month	1.7%
6 Month	3.4%
1 Year	5.5%
3 Year	4.2%
5 Year	5%
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	3.25 Yr.
Kinjal Desai	25 May 18	4.94 Yr.
Anand Gupta	12 Sep 18	4.64 Yr.
Akshay Sharma	1 Dec 22	0.41 Yr.

Data below for Nippon India Arbitrage Fund as on 30 Apr 23

Asset Allocation

Asset Class	Value
Cash	89.95%
Debt	10.35%

Equity Sector Allocation

Sector	Value
Financial Services	23.69%
Basic Materials	12.83%
Industrials	6.54%
Consumer Cyclical	5.49%
Health Care	4.75%
Energy	4.16%
Consumer Defensive	3.93%
Technology	3.41%
Communication Services	2.68%
Utility	2.13%
Real Estate	0.46%

Debt Sector Allocation

Sector	Value
Cash Equivalent	82.59%
Government	11.44%
Corporate	6.27%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Nippon India Money Market Dir Gr Investment Fund \| -	8%	₹667 Cr	1,868,640
Nippon India Low Duration Dir Gr Investment Fund \| -	4%	₹381 Cr	1,131,266
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jan 23 \| HDFCBANK	3%	₹276 Cr	1,634,600 ↑ 313,500
Hdfc Bank Limited_25/05/2023 Derivatives \| -	3%	-₹274 Cr
Future on Kotak Mahindra Bank Ltd Derivatives \| -	3%	-₹272 Cr
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Mar 22 \| KOTAKBANK	3%	₹271 Cr	1,400,000 ↓ -353,600
Future on Reliance Industries Ltd Derivatives \| -	3%	-₹262 Cr
Reliance Industries Ltd (Energy) Equity, Since 31 Dec 17 \| RELIANCE	3%	₹261 Cr	1,078,500 ↓ -206,500
182 DTB 14092023 Sovereign Bonds \| -	3%	₹244 Cr	25,000,000 ↑ 5,000,000
Future on Adani Ports & Special Economic Zone Ltd Derivatives \| -	3%	-₹233 Cr

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 14.9% since its launch. Ranked 46 in Dynamic Allocation category. Return for 2022 was 5.1% , 2021 was 15.7% and 2020 was 11.2% .

Below is the key information for Nippon India Balanced Advantage Fund

Nippon India Balanced Advantage Fund Growth
Launch Date	15 Nov 04
NAV (02 Jun 23)	₹130.987 ↑ 0.36 (0.28 %)
Net Assets (Cr)	₹6,712 on 30 Apr 23
Category	Hybrid - Dynamic Allocation
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.06
Sharpe Ratio	0.06
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 May 18	₹10,000
31 May 19	₹10,775
31 May 20	₹9,683
31 May 21	₹13,260
31 May 22	₹13,868
31 May 23	₹15,215

Nippon India Balanced Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357 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 2 Jun 23

Duration	Returns
1 Month	2.3%
3 Month	5%
6 Month	1.1%
1 Year	10%
3 Year	15.5%
5 Year	9%
10 Year
15 Year
Since launch	14.9%

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2013	4.6%

Fund Manager information for Nippon India Balanced Advantage Fund

Name	Since	Tenure
Ashutosh Bhargava	7 May 18	4.99 Yr.
Kinjal Desai	25 May 18	4.94 Yr.
Amar Kalkundrikar	20 Oct 20	2.53 Yr.
Sushil Budhia	31 Mar 21	2.08 Yr.
Akshay Sharma	1 Dec 22	0.41 Yr.

Data below for Nippon India Balanced Advantage Fund as on 30 Apr 23

Asset Allocation

Asset Class	Value
Cash	15.91%
Equity	56.63%
Debt	27.47%

Equity Sector Allocation

Sector	Value
Financial Services	24.51%
Industrials	8.63%
Consumer Defensive	8.4%
Consumer Cyclical	5.65%
Technology	5.45%
Health Care	4.16%
Energy	3.45%
Basic Materials	3.01%
Utility	2.75%
Communication Services	2.68%
Real Estate	0.01%

Debt Sector Allocation

Sector	Value
Corporate	16.61%
Cash Equivalent	15.91%
Government	10.86%

Credit Quality

Rating	Value
AA	20.81%
AAA	79.19%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Oct 11 \| HDFCBANK	7%	₹466 Cr	2,759,813 ↑ 50,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Aug 18 \| ICICIBANK	7%	₹460 Cr	5,015,426 ↓ -175,000
State Bank of India (Financial Services) Equity, Since 31 Mar 09 \| SBIN	4%	₹250 Cr	4,317,992
Infosys Ltd (Technology) Equity, Since 31 May 09 \| INFY	3%	₹232 Cr	1,852,950 ↑ 60,000
ITC Ltd Shs Dematerialised (Consumer Defensive) Equity, Since 31 Jul 18 \| ITC	3%	₹188 Cr	4,412,313
Reliance Industries Ltd (Energy) Equity, Since 31 May 18 \| RELIANCE	3%	₹183 Cr	756,745
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Jan 21 \| LT	3%	₹182 Cr	771,850
Axis Bank Ltd (Financial Services) Equity, Since 31 Oct 18 \| 532215	3%	₹172 Cr	1,994,434
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Aug 18 \| BHARTIARTL	2%	₹158 Cr	1,977,434
NTPC Ltd Shs Dematerialised (Utilities) Equity, Since 31 Mar 21 \| NTPC	2%	₹128 Cr	7,419,300

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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.