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 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% . NAV as on 26 Jul 24 ₹170.554 ↑ 1.32 (0.78 %) Net Assets (AUM) as on 30 Jun 2024 ₹8,286 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 2.545 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 26 Jul 24 Duration Returns 1 Month 2.4% 3 Month 6.9% 6 Month 12.6% 1 Year 24.6% 3 Year 12.8% 5 Year 13.4% 10 Year 15 Year Since launch 15.4% Historical Annual Returns
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% Growth of 10k Over Years
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹9,444 30 Jun 21 ₹12,497 30 Jun 22 ₹12,677 30 Jun 23 ₹14,460 30 Jun 24 ₹17,926 Asset Allocation
Asset Class Value Cash 18.88% Equity 57.65% Debt 23.47% Sector Allocation
Sector Value Cash Equivalent 18.88% Corporate 14.6% Government 7.64% Securitized 1.23% Rating Value AA 33.65% AAA 66.35% Sector Value Financial Services 24.96% Consumer Defensive 8.84% Consumer Cyclical 8.09% Industrials 7.85% Technology 6.95% Communication Services 4.48% Energy 4.34% Utility 3.28% Health Care 2.12% Basic Materials 1.3% 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 6% ₹536 Cr 4,465,426 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANKBanks - Regional 6% ₹486 Cr 2,884,813
↑ 200,000 Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFYInformation Technology Services 4% ₹313 Cr 1,997,950
↑ 100,000 Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCEOil & Gas Refining & Marketing 3% ₹284 Cr 906,745 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | BHARTIARTLTelecom Services 3% ₹269 Cr 1,862,468 NTPC Ltd (Utilities)
Equity, Since 31 Mar 21 | NTPCUtilities - Regulated Electric 3% ₹239 Cr 6,319,300 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | AXISBANKBanks - Regional 3% ₹235 Cr 1,854,434 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LTEngineering & Construction 2% ₹171 Cr 482,495
↑ 85,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITCTobacco 2% ₹166 Cr 3,912,313 Godrej Consumer Products Ltd (Consumer Defensive)
Equity, Since 30 Nov 20 | GODREJCPHousehold & Personal Products 2% ₹151 Cr 1,098,000
Talk to our investment specialistFund Managers
Name Since Tenure Ashutosh Bhargava 7 May 18 6.15 Yr. Kinjal Desai 25 May 18 6.1 Yr. Amar Kalkundrikar 20 Oct 20 3.7 Yr. Sushil Budhia 31 Mar 21 3.25 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 ₹170.554
↑ 1.32 12.62 % 24.63 % 12.83 % 13.39 % Nippon India Balanced Advantage Fund
Normal Dividend, Payout ₹34.4444
↑ 0.27 9.93 % 21.63 % 12.46 % 13.02 % Nippon India Balanced Advantage Fund
Normal Dividend, Reinvestment ₹34.4444
↑ 0.27 9.93 % 21.63 % 12.46 % 13.02 % Data as on 26 Jul 24