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Fincash » Mutual Funds » Reliance Balanced Advantage Fund

Nippon India Balanced Advantage Fund - G

NAV  ₹95.5127 ↓ 0.05   (0.05 %) as on 17 Jan 20

(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 16% since its launch.  Ranked 46 in Dynamic Allocation category.  Return for 2019 was 8.3% , 2018 was 0.4% and 2017 was 25.2% .

Below is the key information for Nippon India Balanced Advantage Fund

NAV as on 17 Jan 20₹95.5127 ↓ 0.05   (0.05 %)
Net Assets (AUM) as on 30 Nov 2019 ₹2,612 Cr.
Launch Date15 Nov 2004
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCNippon Life Asset Management Ltd.
Alpha Ratio-0.67
Expense Ratio2.5 %
Sharpe Ratio0.842
Information Ratio-0.16
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 17 Jan 20

DurationReturns
1 Month 1.7%
3 Month 4.9%
6 Month 3.6%
1 Year 9.2%
3 Year 10.6%
5 Year 7.7%
10 Year
15 Year
Since launch 16%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 8.3%
2018 0.4%
2017 25.2%
2016 6.4%
2015 0.9%
2014 38.4%
2013 4.6%
2012 39.3%
2011 -24.5%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,094
31 Dec 16₹10,739
31 Dec 17₹13,448
31 Dec 18₹13,509
31 Dec 19₹14,624
Nippon India Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash17.46%
Equity57.73%
Debt20.36%
Other4.44%
Nippon India Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Corporate23.14%
Cash Equivalent13.69%
Government0.99%
Nippon India Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services27.29%
Consumer Cyclical7.59%
Technology6.64%
Consumer Defensive5.24%
Energy4.94%
Utility3.58%
Health Care3.21%
Basic Materials2.93%
Industrials2.38%
Communication Services1.61%
Real Estate0.46%
Nippon India Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Cash Offset For Derivatives
Derivative Margin | -
8%₹212 Cr21,212
↓ -10,430
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 11 | HDFCBANK
6%₹166 Cr1,301,198
↑ 51,118
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
5%₹129 Cr2,515,278
Housing Development Finance Corporation Limited
Debentures | -
5%₹126 Cr1,250
Triparty Repo
CBLO/Reverse Repo | -
5%₹118 Cr
Cash Margin - Derivatives
Receivables | -
4%₹116 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
4%₹111 Cr718,600
↑ 82,439
Bharti Telecom Limited
Commercial Paper | -
4%₹98 Cr2,000
↑ 2,000
Infosys Ltd (Technology)
Equity, Since 31 May 09 | INFY
3%₹87 Cr1,250,360
Reliance Industries Limited
Debentures | -
3%₹81 Cr783
↓ -300
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Fund Managers

NameSinceTenure
Manish Gunwani7 May 181.65 Yr.
Ashutosh Bhargava7 May 181.65 Yr.
Kinjal Desai25 May 181.6 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

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
₹95.5127
↑ 0.05
3.64 %9.16 %10.63 %7.72 %
Nippon India Balanced Advantage Fund
Normal Dividend, Reinvestment
₹26.3356
↑ 0.01
3.15 %7.47 %9.85 %7.25 %
Nippon India Balanced Advantage Fund
Normal Dividend, Payout
₹26.3356
↑ 0.01
3.15 %7.47 %9.85 %7.25 %
Data as on 17 Jan 20

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