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Nippon India Balanced Advantage Fund

An Open Ended Dynamic Asset Allocation Fund

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This product is suitable for investors who are seeking*:

  • Long term capital growth.
  • Investment in equity & equity related instruments, debt, money market instruments and derivatives

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Fund Riskometer

Nippon India Balanced Advantage Fund

Benchmark Riskometer

CRISIL Hybrid 50+50 - Moderate Index

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  • Investment Objective:
    The investment objective of the scheme is to capitalize on the potential upside in equity markets while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (31 Oct 2024)169.4411


NAV as on September 30, 2024: `174.9852

Performance of Nippon India Balanced Advantage Fund as on 30/09/2024​​
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception%
Nippon India Balanced Advantage Fund25.7512.8713.8715.48
B:CRISIL Hybrid 50+50 - Moderate Index23.8611.8614.6412.21
AB:BSE Sensex TRI29.4813.9818.2615.80
Value of `10000 Invested
Nippon India Balanced Advantage Fund12,59114,38219,161174,985
B:CRISIL Hybrid 50+50 - Moderate Index12,40014,00019,81398,921
AB:BSE Sensex TRI12,96614,81323,148185,159
Inception Date: Nov 15, 2004
B - Benchmark    |   AB - Additional Benchmark |   TRI - Total Return Index
Fund Manager: Amar Kalkundrikar (Since Oct 2020), Ashutosh Bhargava (Since May 2018), Sushil Budhia (Since Mar 2021)

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Ashutosh Bhargava

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Quant Fund47.1739.9322.7117.6723.4021.53
Nippon India Multi Cap Fund45.4544.0628.1721.1426.7525.88
Nippon India Retirement Fund - Wealth Creation Scheme41.8440.8519.3718.3918.8322.38
Bottom 3
Nippon India Asset Allocator FoF32.0410.0518.876.54NANA
Nippon India Retirement Fund - Income Generation Scheme15.5513.487.827.728.329.34
Nippon India Equity Savings Fund12.9716.168.069.296.1310.85

Note:

a.Mr. Ashutosh Bhargava manages 9 open-ended schemes of Nippon India Mutual Fund.

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth plan (Regular Plan).

TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

Mr. Ashutosh Bhargava has been managing Nippon India Balanced Advantage Fund since May 2018, Nippon India Quant Fund since Sep 2017, Nippon India Multi Asset Allocation Fund since Aug 2020,Nippon India Asset Allocator FoF since Feb 2021,Nippon India Multi Cap Fund since Sep 2021, Nippon India Passive Flexicap FoF since Jan 2023,Nippon India Retirement Fund - Wealth Creation Scheme since April 2024,Nippon India Retirement Fund - Income Generation Scheme since April 2024, Nippon India Equity Savings Fund since April 2024.

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER : Sushil Budhia

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Multi Asset Allocation Fund35.8232.7117.1615.87NANA
Nippon India Asset Allocator FoF32.0410.0518.876.54NANA
Nippon India Equity Hybrid Fund32.0328.5217.1913.6114.9516.80
Bottom 3
Nippon India Strategic Debt Fund8.048.095.315.210.786.88
Nippon India Short Term Fund8.037.915.635.806.456.42
Nippon India Credit Risk Fund8.027.916.456.835.047.84

Note:

a. Mr. Sushil Budhia manages 9 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan) .

*The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using IDCW Reinvestment NAV's..

Mr. Sushil Budhia has been managing Nippon India Credit Risk Fund since Feb 2020,Nippon India Strategic Debt Fund since Feb 2020, Nippon India Hybrid Bond Fund since Feb 2020, Nippon India Equity Hybrid Fund since Feb 2020, Nippon India Equity Savings Fund since Feb 2020, Nippon India Balanced Advantage Fund since Mar 2021, Nippon India Short Term Fund since Mar 2021,Nippon India Multi Asset​ Fund​ since Mar 2021, Nippon India Asset Allocator FoF since Mar 2021.

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Amar Kalkundrikar

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Nippon India Vision Fund49.2943.2621.6121.0523.8225.50
Nippon India Consumption Fund48.2652.8024.7122.5326.8422.26

Note:

a.Mr. Amar Kalkundrikar manages 3 open-ended schemes of Nippon India Mutual Fund.

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

Mr. Amar Kalkundrikar has been managing Nippon India Balanced Advantage Fund since oct 2020, Nippon India Consumption Fund since Oct 2020, Nippon India Vision Fund since Jun 2021

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investments. Returns for 1 year and above are compounded annualized(CAGR) and returns less than 1 year are simple annualized basis. 6 months simple annualized returns are provided for the schemes that are in existence for more than 6 months but have not completed 1 year.IDCW (if any) are assumed to be reinvested at the prevailing NAV. In case of Nippon India ETF Liquid BeES, returns are based on gross IDCW per unit declared by the Fund. Bonus (if any) declared has been adjusted.Face value of schemes is `10 per unit, except for the schemes as specified here. Face Value of Nippon India Liquid Fund, Nippon India Money Market Fund Nippon India Ultra Short Duration Fund, Nippon India Low Duration Fund and Nippon India ETF Liquid BeES is `1000 per unit. Face value of Nippon India ETF Junior BeES is `1.25 per unit. Face value of Nippon India Overnight Fund is `100 per unit. Face Value of Nippon India ETF Nifty BeES, Nippon India ETF Bank BeES, Nippon India ETF PSU Bank BeES, Nippon India ETF NV20, Nippon India ETF Hang Seng BeES, Nippon India ETF Gold BeES is `1 per unit. In case, the start/end date of the concerned period is non-business day, NAV of the previous date is considered for computation of returns. Performance details of closed ended and interval schemes are not provided since these are not comparable with other schemes. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).











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Fund Details

  • Inception Date15 Nov 2004
  • Fund ManagerMr. Sushil Budhia | Mr. Amar Kalkundrikar | Mr. Ashutosh Bhargava
Current Investment Philosophy
    • The 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 three benefits:
      1. Emotion free asset allocation through model based asset allocation.
      2. Lowers downside risk through hedging.
      3.Generates long term alpha through active stock selection and sector allocation.
    • 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.
    • The debt portfolio is managed conservatively, focused at the shorter end through investment in a combination of liquid and short term fixed income securities.
Minimum Investment
100.00

    and in multiples of Re. 1 thereafter

Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load**:

10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO):

1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units.

Nil, thereafter

Exit load levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date.

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • Long term capital growth.
  • Investment in equity & equity related instruments, debt, money market instruments and derivatives

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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