Fincash » Mutual Funds » Nippon India Balanced Advantage Fund
(Erstwhile Reliance NRI Equity Fund) Table of Contents 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 launched on 15 Nov 04. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Balanced Advantage Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis Nippon India Balanced Advantage Fund - G
Scheme Objective
CAGR 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% . NAV as on 22 Aug 23 ₹136.186 ↑ 0.31 (0.23 %) Net Assets (AUM) as on 31 Jul 2023 ₹7,031 Cr. Launch Date 15 Nov 2004 Category Hybrid - Dynamic Allocation Rating ☆☆☆ Type Open Ended Fund Risk Moderately High AMC Nippon Life Asset Management Ltd. Alpha Ratio 0.0 Expense Ratio 1.86 % Sharpe Ratio 0.808 Information Ratio 0.0 Benchmark Not Available Min Investment ₹5,000 Min SIP Investment ₹100 Exit Load 0-1 Years (1%),1 Years and above(NIL) NAV Price Chart
Returns
Annual Compounded Returns
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 0.1% 3 Month 5.4% 6 Month 8.7% 1 Year 9.4% 3 Year 13.1% 5 Year 9.1% 10 Year 15 Year Since launch 14.9% Historical Annual Returns
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% Growth of 10k Over Years
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,058 31 Aug 20 ₹10,623 31 Aug 21 ₹13,615 31 Aug 22 ₹14,200 31 Aug 23 ₹15,417 
Asset Allocation
Asset Class Value Cash 26.36% Equity 49.62% Debt 24.02% 
Sector Allocation
Sector Value Cash Equivalent 26.36% Corporate 13.62% Government 9.69% Securitized 0.71% Rating Value AA 16.28% AAA 83.72% 
Sector Value Financial Services 23.74% Industrials 8.8% Consumer Defensive 8.38% Technology 5.97% Consumer Cyclical 5.88% Health Care 4.96% Energy 3.65% Communication Services 2.5% Basic Materials 2.46% Utility 2.37% Real Estate 0.01% 
Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANKBanks - Regional 7% ₹471 Cr 4,915,426 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANKBanks - Regional 6% ₹422 Cr 2,684,813 Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFYInformation Technology Services 4% ₹287 Cr 1,997,950 Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCEOil & Gas Refining & Marketing 3% ₹206 Cr 856,745 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITCTobacco 3% ₹203 Cr 4,612,313 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215Banks - Regional 3% ₹194 Cr 1,994,434 State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBINBanks - Regional 3% ₹183 Cr 3,267,992
↓ -750,000 Future on ICICI Bank Ltd
Derivatives | -2% -₹164 Cr 1,702,400 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Mar 21 | 532555Utilities - Regulated Electric 2% ₹163 Cr 7,419,300 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LTEngineering & Construction 2% ₹161 Cr 596,850
↓ -100,000
Talk to our investment specialistFund Managers
Name Since Tenure Ashutosh Bhargava 7 May 18 5.32 Yr. Kinjal Desai 25 May 18 5.27 Yr. Amar Kalkundrikar 20 Oct 20 2.87 Yr. Sushil Budhia 31 Mar 21 2.42 Yr. Akshay Sharma 1 Dec 22 0.75 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address Nippon India Mutual Fund 9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051 Auditors
Company Address Haribhakti & Co. Chartered Accountants 42, Free Press House,4th Floor,,215, Nariman Point, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year Nippon India Balanced Advantage Fund
Growth ₹136.186
↑ 0.31 8.74 % 9.44 % 13.12 % 9.06 % Nippon India Balanced Advantage Fund
Normal Dividend, Payout ₹29.2877
↑ 0.07 8.71 % 9.4 % 13.66 % 8.89 % Nippon India Balanced Advantage Fund
Normal Dividend, Reinvestment ₹29.2877
↑ 0.07 8.71 % 9.4 % 13.66 % 8.89 % Data as on 22 Aug 23
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.
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