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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 April 30, 2024 , 5042 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 ₹93.1826
↓ -0.37
₹3,4355.418.730.717.912.124.1
Nippon India Arbitrage Fund Growth ₹24.5534
↑ 0.02
₹13,8961.73.77.55.55.27
Nippon India Balanced Advantage Fund Growth ₹159.016
↓ -0.30
₹7,7194.715.824.413.411.817.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 3 May 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 12.6% 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 (03 May 24) ₹93.1826 ↓ -0.37   (-0.40 %)
Net Assets (Cr) ₹3,435 on 31 Mar 24
Category Hybrid - Hybrid Equity
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 2.06
Sharpe Ratio 2.94
Information Ratio 1.22
Alpha Ratio 3.86
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
30 Apr 19₹10,000
30 Apr 20₹7,319
30 Apr 21₹10,742
30 Apr 22₹12,400
30 Apr 23₹13,423
30 Apr 24₹17,578

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 3 May 24

DurationReturns
1 Month 1.8%
3 Month 5.4%
6 Month 18.7%
1 Year 30.7%
3 Year 17.9%
5 Year 12.1%
10 Year
15 Year
Since launch 12.6%
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 212.56 Yr.
Kinjal Desai25 May 185.86 Yr.
Sushil Budhia1 Feb 204.16 Yr.
Akshay Sharma1 Dec 221.33 Yr.

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

Asset Allocation
Asset ClassValue
Cash3.37%
Equity74.65%
Debt21.4%
Other0.59%
Equity Sector Allocation
SectorValue
Financial Services23.07%
Industrials9.37%
Consumer Cyclical8.26%
Health Care7.62%
Technology6.17%
Energy5.76%
Utility3.81%
Consumer Defensive3.73%
Basic Materials3.1%
Communication Services2.8%
Real Estate0.94%
Debt Sector Allocation
SectorValue
Corporate16.81%
Government4.59%
Cash Equivalent3.37%
Credit Quality
RatingValue
A2.75%
AA45.24%
AAA52.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 12 | ICICIBANK
5%₹172 Cr1,570,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 10 | HDFCBANK
5%₹171 Cr1,182,356
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 14 | RELIANCE
4%₹149 Cr503,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 13 | LT
4%₹134 Cr354,838
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Oct 11 | SUNPHARMA
3%₹113 Cr700,000
Infosys Ltd (Technology)
Equity, Since 28 Feb 11 | INFY
3%₹109 Cr730,000
NTPC Ltd (Utilities)
Equity, Since 31 Aug 20 | 532555
3%₹99 Cr2,950,620
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532215
3%₹98 Cr933,200
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
2%₹84 Cr685,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 16 | SBIN
2%₹83 Cr1,100,000

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 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 (03 May 24) ₹24.5534 ↑ 0.02   (0.09 %)
Net Assets (Cr) ₹13,896 on 31 Mar 24
Category Hybrid - Arbitrage
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately Low
Expense Ratio 1.06
Sharpe Ratio 1.22
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
30 Apr 19₹10,000
30 Apr 20₹10,597
30 Apr 21₹10,968
30 Apr 22₹11,389
30 Apr 23₹11,973
30 Apr 24₹12,883

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 3 May 24

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 3.7%
1 Year 7.5%
3 Year 5.5%
5 Year 5.2%
10 Year
15 Year
Since launch 6.8%
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 204.17 Yr.
Anand Gupta12 Sep 185.56 Yr.
Rohit Shah8 Apr 240 Yr.

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

Asset Allocation
Asset ClassValue
Cash96.34%
Debt4.05%
Other0.04%
Equity Sector Allocation
SectorValue
Financial Services24.92%
Industrials10.27%
Energy8.09%
Basic Materials6.86%
Health Care4.61%
Communication Services4.22%
Technology3.7%
Consumer Cyclical3.68%
Consumer Defensive3.5%
Utility2.56%
Real Estate0.11%
Debt Sector Allocation
SectorValue
Cash Equivalent87.08%
Corporate9.75%
Government3.56%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nippon India Liquid Dir Gr
Investment Fund | -
9%₹1,264 Cr2,139,524
↑ 510,361
Nippon India Money Market Dir Gr
Investment Fund | -
7%₹1,016 Cr2,658,820
Hdfc Bank Limited_25/04/2024
Derivatives | -
7%-₹911 Cr6,235,900
↑ 5,209,050
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK
6%₹903 Cr6,235,900
↑ 319,000
Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -
3%-₹456 Cr3,372,000
↑ 2,400
Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Oct 19 | 532921
3%₹452 Cr3,372,000
↑ 2,400
Future on Kotak Mahindra Bank Ltd
Derivatives | -
3%-₹451 Cr2,506,800
↓ -146,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Aug 23 | KOTAKBANK
3%₹448 Cr2,506,800
↓ -146,000
Future on Reliance Industries Ltd
Derivatives | -
2%-₹329 Cr1,098,500
↑ 166,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 17 | RELIANCE
2%₹326 Cr1,098,500
↑ 166,000

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 15.3% 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 (03 May 24) ₹159.016 ↓ -0.30   (-0.19 %)
Net Assets (Cr) ₹7,719 on 31 Mar 24
Category Hybrid - Dynamic Allocation
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 1.86
Sharpe Ratio 2.72
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
30 Apr 19₹10,000
30 Apr 20₹9,204
30 Apr 21₹11,970
30 Apr 22₹13,169
30 Apr 23₹13,980
30 Apr 24₹17,430

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 ₹405,518.
Net Profit of ₹105,518
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 3 May 24

DurationReturns
1 Month 2%
3 Month 4.7%
6 Month 15.8%
1 Year 24.4%
3 Year 13.4%
5 Year 11.8%
10 Year
15 Year
Since launch 15.3%
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 185.91 Yr.
Kinjal Desai25 May 185.86 Yr.
Amar Kalkundrikar20 Oct 203.45 Yr.
Sushil Budhia31 Mar 213.01 Yr.

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

Asset Allocation
Asset ClassValue
Cash18.06%
Equity56.71%
Debt24.53%
Other0.7%
Equity Sector Allocation
SectorValue
Financial Services22.81%
Industrials8.35%
Consumer Cyclical8.21%
Consumer Defensive7.22%
Technology5.92%
Energy4.39%
Health Care3.84%
Communication Services3.61%
Utility3.07%
Basic Materials1.96%
Real Estate0.01%
Debt Sector Allocation
SectorValue
Cash Equivalent18.06%
Corporate14.39%
Government8.44%
Securitized1.71%
Credit Quality
RatingValue
AA32.56%
AAA67.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
6%₹488 Cr4,465,426
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK
5%₹389 Cr2,684,813
Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY
4%₹284 Cr1,897,950
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
3%₹269 Cr906,745
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | BHARTIARTL
3%₹229 Cr1,862,468
↑ 85,034
NTPC Ltd (Utilities)
Equity, Since 31 Mar 21 | 532555
3%₹212 Cr6,319,300
7.18% Govt Stock 2037
Sovereign Bonds | -
3%₹203 Cr20,100,000
↑ 7,500,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
3%₹194 Cr1,854,434
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LT
2%₹193 Cr512,495
↓ -50,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC
2%₹168 Cr3,912,313
↑ 450,000

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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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