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Nippon India Balanced Advantage Fund Direct Growth Plan
Dynamic Asset Allocation
Allocation
4
Last updated on 2023-01-25
3Y returns
+11.15%
₹139.11
Latest NAV
₹-1.19
1D Change
₹6771.74
AUM
Very High Risk
Risk Profile
₹100
Min SIP
₹100
Min Lumpsum
None
Lock-in period
0.58%
Expense Ratio
1.0% before 12 Months
Exit Load
Price Chart
+6.29 1Y return
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Top Holdings
Cash Offset For Derivatives
14.62%
ICICI Bank Ltd
6.83%
HDFC Bank Ltd
5.79%
Triparty Repo
5.59%
State Bank of India
3.91%
View All
Sector Breakdown
Financial Services
24.76%
Industrials
6.60%
Consumer Defensive
6.09%
Technology
5.81%
Consumer Cyclical
5.73%
View All
Fund Manager
Ashutosh Bhargava
Kinjal Desai
Amar Kalkundrikar
Sushil Budhia
Akshay Sharma
Investment Objective
Nippon India Balanced Advantage Fund attempts to capitalize on the potential upside in equity markets while attempting to limit the downside by dynamically managing the portfolio through investment in equity and active use of debt, money market instruments and derivatives. A model based Dynamic Asset Allocation Fund that aims to offer Triple Benefits of 1. Emotion Free Asset Allocation through Model Based Asset Allocation, 2. Lowers downside risk through hedging and 3. Long Term Alpha – through Active Stock selection and Sector. The fund follows an in-house proprietary Model (which follows Valuations & Trend Following) to determine unhedged equity allocation. The fund maintains a large cap oriented portfolio diversified across sectors. Debt portfolio is managed conservatively, focused at the shorter end through investment in a combination of liquid and short term fixed income securities.
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