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Fincash » Mutual Funds » Nippon India Balanced Advantage Fund

Nippon India Balanced Advantage Fund - G

NAV  ₹175.721 ↑ 1.10  (0.63 %) as on 6 Jun 25

(Erstwhile Reliance NRI Equity Fund)

Scheme Objective

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 CAGR return of 15% since its launch.  Ranked 46 in Dynamic Allocation category.  Return for 2024 was 13% , 2023 was 17.5% and 2022 was 5.1% .

Below is the key information for Nippon India Balanced Advantage Fund

NAV as on 6 Jun 25₹175.721 ↑ 1.10  (0.63 %)
Net Assets (AUM) as on 30 Apr 2025 ₹9,049 Cr.
Launch Date15 Nov 2004
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCNippon Life Asset Management Ltd.
Alpha Ratio0.0
Expense Ratio1.77 %
Sharpe Ratio0.168
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 6 Jun 25

DurationReturns
1 Month 2.5%
3 Month 7.7%
6 Month 1.6%
1 Year 9.3%
3 Year 14%
5 Year 15.3%
10 Year
15 Year
Since launch 15%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2024 13%
2023 17.5%
2022 5.1%
2021 15.7%
2020 11.2%
2019 8.3%
2018 0.4%
2017 25.2%
2016 6.4%

Growth of 10k Over Years

DateValue
31 May 20₹10,000
31 May 21₹13,694
31 May 22₹14,322
31 May 23₹15,713
31 May 24₹19,290
31 May 25₹20,968

Asset Allocation

Asset ClassValue
Cash14.3%
Equity63.72%
Debt21.98%

Sector Allocation

SectorValue
Cash Equivalent14.3%
Corporate13.23%
Government8.75%
RatingValue
AA32.69%
AAA67.31%
SectorValue
Financial Services22.97%
Consumer Cyclical8.58%
Industrials8.56%
Consumer Defensive7.82%
Technology5.41%
Basic Materials3.86%
Communication Services3.78%
Real Estate3.19%
Utility3.08%
Health Care3.06%
Energy2.72%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK
Banks - Regional6%₹555 Cr2,884,813
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
Banks - Regional6%₹523 Cr3,665,426
Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY
Information Technology Services3%₹288 Cr1,922,950
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 18 | BHARTIARTL
Telecom Services3%₹282 Cr1,512,468
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
Banks - Regional3%₹239 Cr2,014,434
NTPC Ltd (Utilities)
Equity, Since 31 Mar 21 | 532555
Utilities - Regulated Electric2%₹205 Cr5,769,300
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
Oil & Gas Refining & Marketing2%₹199 Cr1,413,490
State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN
Banks - Regional2%₹160 Cr2,027,992
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 21 | LT
Engineering & Construction2%₹155 Cr464,495
Godrej Consumer Products Ltd (Consumer Defensive)
Equity, Since 30 Nov 20 | 532424
Household & Personal Products2%₹147 Cr1,163,000
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Fund Managers

NameSinceTenure
Ashutosh Bhargava7 May 187.07 Yr.
Kinjal Desai25 May 187.02 Yr.
Amar Kalkundrikar20 Oct 204.61 Yr.
Sushil Budhia31 Mar 214.17 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Nippon India Balanced Advantage Fund
Growth
₹175.721
↑ 1.10
1.6 %9.3 %13.99 %15.3 %
Nippon India Balanced Advantage Fund
Normal Dividend, Payout
₹33.3916
↑ 0.21
1.6 %9.28 %13.95 %15.62 %
Nippon India Balanced Advantage Fund
Normal Dividend, Reinvestment
₹33.3916
↑ 0.21
1.6 %9.28 %13.95 %15.62 %
Data as on 6 Jun 25

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.