- Mutual Funds
- Nippon India Balanced Advantage Fund-Direct (IDCW)
Nippon India Balanced Advantage Fund-Direct (IDCW)
Dynamic Asset Allocation or Balanced Advantage
- NAV 46.73 (0.78%)
- Fund Size (Cr) ₹8285.66
- Expense Ratio 0.56
- Scheme Type Active Fund
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Value Research
- Minimum investment ₹100
- Minimum Additional Investment ₹100
- Minimum SIP Investment ₹100
- Minimum Withdrawal ₹100
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Exit Load
1%
- Return Since Launch 12.57%
Basic Details
Amar Kalkundrikar
CRISIL Hybrid 50+50 - Moderate Index
OPEN
Lumpsum Returns
Note: Lumpsum Returns since Inception Date.
SIP Returns
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
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Risk Ratios
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Standard Deviation
1.84% -
Beta
0.43% -
Sharpe Ratio
1.05% -
Treynor’s Ratio
0.14% -
Jension’s Alpha
3.32%
Asset Allocation
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Top 10 stock holding in portfolio
Peer Comparison
- Scheme Name
- Value Research
- Asset Size (Cr)
- 1M
- 3M
- 6M
- 1Y
- 3Y
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Nippon India Balanced Advantage Fund-Direct (IDCW)
- 8285.66
- 2.54%
- 7.19%
- 12.84%
- 25.65%
- 14.16%
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Quant Dynamic Asset Allocation Fund-Direct (IDCW)
- 1196.62
- 3.69%
- 8.44%
- 22.82%
- 57.30%
- -
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Quant Dynamic Asset Allocation Fund-Direct (G)
- 1196.62
- 3.68%
- 8.45%
- 22.83%
- 57.28%
- -
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HDFC Balanced Advantage Fund - Direct (G)
- 89903.19
- 2.50%
- 8.41%
- 15.63%
- 39.42%
- 24.98%
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HDFC Balanced Advantage Fund - Direct (IDCW)
- 89903.19
- 2.50%
- 8.41%
- 15.62%
- 39.41%
- 24.32%
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Motilal Oswal Balance Advantage Fund-Dir (IDCW-Q)
- 1226.73
- 3.09%
- 8.01%
- 18.34%
- 36.37%
- 16.30%
News
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Nippon India Balanced Advantage Fund Announces Income Distribution cum Capital Withdrawal (IDCW)
Nippon India Mutual Fund has announced 12 July 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan ? IDCW payout and direct plan ? IDCW payout of Nippon India Balanced Advantage Fund. The quantum of distribution will be Rs 0.2000 per unit under each plan / option as on the record date.
Powered by Capital Market - Live News
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Nippon India MF Announces change in scheme name
Nippon India Mutual Fund has announced change in scheme name under the following schemes, With immediate effect:
Change in the name of the Scheme:
Name of the Scheme Revised Name of the Scheme Nippon India Multi Asset Fund Nippon India Multi Asset Allocation Fund Powered by Capital Market - Live News
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Nippon India Balanced Advantage Fund Announces Income Distribution cum Capital Withdrawal (IDCW)
Nippon India Mutual Fund has announced 13 June 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan ? IDCW payout and direct plan ? IDCW payout of Nippon India Balanced Advantage Fund. The quantum of distribution will be Rs 0.2000 per unit under each plan / option as on the record date.
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Fund House Details & Investment Objective
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Date of Incorporation
01-Jan-2013
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Total AUM (Cr)
₹8285.66
Nippon India Balanced Advantage Fund-Direct (IDCW) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Nippon India Mutual Fund. Launched in Jan 2013, this fund is managed by Amar Kalkundrikar. With assets under management (AUM) worth ₹8285.66 (Cr), as of 26-Jul-2024, Nippon India Balanced Advantage Fund-Direct (IDCW) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 12.57% since its launch.
The current NAV of Nippon India Balanced Advantage Fund-Direct (IDCW) is ₹46.73, as on 26-Jul-2024. The fund’s benchmark index is CRISIL Hybrid 50+50 - Moderate Index. You can invest in Nippon India Balanced Advantage Fund-Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
10% of the units allotted shall be redeemed within any exit load, on or before completion of 12 months from the date allotment of units. 1.00% - If redeemed / switched on or before completion of 12 months from the date of allotment of units. Nil - If redeemed / switched after completion of 12 months from the date of allotment of units.
The fund has generated 14.16% and 14.57% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 69.44% in Equity, 27.8% in Debt and 2.78% in cash and cash equivalents
The top 5 sectors the fund invests in are: 25.62% in Debt, 15.58% in Banks, 4.88% in IT-Software, 3.68% in Telecom-Services and 3.61% in Automobiles.
FAQs on Nippon India Balanced Advantage Fund-Direct (IDCW)
Nippon India Balanced Advantage Fund-Direct (IDCW) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 12.57% since inception. Looking to invest in Nippon India Balanced Advantage Fund-Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Nippon India Balanced Advantage Fund-Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Nippon India Balanced Advantage Fund-Direct (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Nippon India Balanced Advantage Fund-Direct (IDCW) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!
In the short term, i.e., 1 year, Nippon India Balanced Advantage Fund-Direct (IDCW) has generated annualised return of 25.65%. In the long-term, the fund has generated 14.16% and 14.57% in 3 and 5 years respectively. Since its inception, the fund has generated 12.57% returns.
The expense ratio of Nippon India Balanced Advantage Fund-Direct (IDCW) Direct Growth is 0.56%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.
The Assets Under Management (AUM) of Nippon India Balanced Advantage Fund-Direct (IDCW) is ₹8285.66 (Cr) as of 26 July 2024. AUM shows the fund’s popularity and is often indicative of fund strength.
Redeeming or selling units of Nippon India Balanced Advantage Fund-Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Nippon India Balanced Advantage Fund-Direct (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Nippon India Balanced Advantage Fund-Direct (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Yes, you can invest both lumpsum and SIP in Nippon India Balanced Advantage Fund-Direct (IDCW). Minimum lumpsum investment Nippon India Balanced Advantage Fund-Direct (IDCW) is ₹100 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.
The latest NAV (Net Asset Value) of Nippon India Balanced Advantage Fund-Direct (IDCW) is ₹46.73 as on 26 July 2024.
The 5 biggest stock holdings of Nippon India Balanced Advantage Fund-Direct (IDCW) are:
ICICI Bank (6.47%), HDFC Bank (5.86%), Infosys (3.78%), Reliance Industr (3.43%), Bharti Airtel (3.25%)
A majority of Nippon India Balanced Advantage Fund-Direct (IDCW) 's AUM worth ₹8285.66 (Cr) is invested in these 3 top sectors:
- Debt: 25.62%
- Banks: 15.58%
- IT-Software: 4.88%
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