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Business News/Market/Market Stats/    Nippon India Balanced Advantage Fund Growth

Nippon India Balanced Advantage Fund Growth

+
  • Hybrid
  • Dynamic Asset Allocation
  • Rating 3
  • Plan
161.83 +0.29 (0.18%) NAV as on 24 May, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)7928.38
  • CAGR 24.93%
  • Exit Load1.00%
  • Expense ratio1.76%
  • CategoryHybrid
  • Min Investment100
  • Min SIP100
  • Launch Date2004-11-15

Morning Star Rating 3

Low
Risk
High
Return

Asset Allocation

Holdings As On - 26 May 2024

  • Name
  • Value (Cr)
  • Holding %
  • Cash Offset For Derivatives
  • 977.41
  • 12.33%
  • Triparty Repo
  • 256.16
  • 3.23%
  • 7.18% Govt Stock 2037
  • 185.11
  • 2.33%
View More

Risk & Volitility

  • Alpha -1.68%
  • Beta 0.85
  • Sharpe Ratio1.15
  • Std Deviation 6.49%
  • Tracking Error 3.76%

About Fund

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.

 

The Nippon India Balanced Advantage Fund Growth has an AUM of 7928.38 crores & has delivered CAGR of 12.18% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.76%. The minimum investment in Nippon India Balanced Advantage Fund Growth is Rs 100 and the minimum SIP is Rs 100.

 

As per morningstar the risk & return rating of the fund are Low & High respectively.

 

The top holdings of the fund include Cash Offset For Derivatives, ICICI Bank, HDFC Bank & Infosys.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Consumer Financial Services & Oil & Gas Operations.

 

Some of the similar funds are Edelweiss Balanced Advantage Fund Regular Plan Growth, Tata Balanced Advantage Fund Regular Growth, Nippon India Balanced Advantage Fund Growth, Aditya Birla Sun Life Balanced Advantage Fund Growth, NJ Balanced Advantage Fund Regular Growth. Nippon India Balanced Advantage Fund Growth has a sharpe ratio of 1.15 & a standard deviation of 6.49%.

FAQs about Nippon India Balanced Advantage Fund Growth

According to the morning star rating Nippon India Balanced Advantage Fund Growth has a Low risk & High return.
Nippon India Balanced Advantage Fund Growth is managed by Ashutosh Bhargava,Kinjal Desai,Amar Kalkundrikar,Sushil Budhia.
The expense ratio of Nippon India Balanced Advantage Fund Growth is 1.76%.
The 5 year annualized return on Nippon India Balanced Advantage Fund Growth is 12.18% & it has generated 24.93% in the last 1 year.
The minimum investment in Nippon India Balanced Advantage Fund Growth is 100 Rs.
Nippon India Balanced Advantage Fund Growth has an AUM of 7928.38 crores.
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