m.Stock by Mirae AssetOpen Demat Account
m.Stock by Mirae Asset
/MF-Logo-img/75946.png

NJ Balanced Advantage Fund - Direct (G)

Dynamic Asset Allocation or Balanced Advantage
  • NAV

    14.39(-0.21%)
  • Fund Size (CR)

    ₹3,789.16
  • Expense Ratio

    0.57
  • Scheme Type

    Active Fund
  • Value Research

  • Min. investment

    ₹500
  • Minimum Additional Investment

    ₹500
  • Minimum SIP Investment

    ₹100
  • Minimum Withdrawal

    ₹1
  • Exit Load All units redeemed / switched-out in excess of the 5% load free units will be subject to the below mentioned exit load. 1% - If redeemed / switch-out within 30 days of allotment Nil - If redeemed / switch-out after 30 days of allotment

    1%
  • Return Since Launch

    10.41%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 7.39%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Viral Shah

Bench Mark

Nifty 50 Hybrid Composite Debt 50:50 Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 2 July 202510083.920.84%-0.19%1/147
1 Month9 June 202510154.931.55%-0.96%7/147
3 Month9 April 202511016.0410.16%-9.29%42/147
6 Month9 January 202510329.513.30%-4.90%120/145
1 Year9 July 202410041.780.42%0.42%4.65%119/141
3 Year8 July 202215356.7653.57%15.34%14.63%30/107
5 Year--0%-13.95%-/-
Since Inception29 October 202114420.0044.20%10.41%11.42%89/147

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 August 20241,20,000122569.972.14% 2.14%
3 Year1 August 20223,60,000432602.3020.17% 6.32%
5 Year-----
10 Year-----

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%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

  • Invested Amount

    25,000

  • Estimated Returns

    19,059

76%

Returns

Future value of your investment

44,059

Risk Ratios

2.55%

Standard Deviation

0.61%

Beta

1.03%

Sharpe Ratio

-0.02%

Treynor's Ratio

3.08%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Reliance Industr9.21%2455000348.83EquityRefineries
HDFC AMC4.24%335735160.58EquityFinance
HCL Technologies4.18%968042158.43EquityIT - Software
Coal India3.64%3468898137.82EquityMining & Mineral products
Bajaj Auto3.29%144731124.57EquityAutomobile
Bosch3.21%38709121.60EquityAuto Ancillaries
Hero Motocorp2.90%255305110.02EquityAutomobile
Britannia Inds.2.62%18035699.39EquityFMCG
Colgate-Palmoliv2.49%38360294.21EquityFMCG
Alkem Lab2.24%16672885.01EquityPharmaceuticals

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
NJ Balanced Advantage Fund - Direct (G)
3789.161.55%10.16%3.30%0.42%15.34%
WhiteOak Capital Balanced Advantage Fund - Dir (G)
1566.311.45%10.32%6.94%10.81%-
UTI-Balanced Advantage Fund - Direct (IDCW)
2959.031.14%8.95%7.33%9.70%-
UTI-Balanced Advantage Fund - Direct (G)
2959.031.14%8.95%7.33%9.70%-
Baroda BNP Paribas Balanced Advantage Fund-Dir (G)
4304.221.54%14.32%8.04%9.58%19.02%

List of Schemes under NJ Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
NJ ELSS Tax Saver SchemeEquityVery High1.23%0₹290.03
NJ Overnight FundDebtLow6.29%2₹314.57
NJ Balanced Advantage FundHybridModerately High0.42%2₹3,837.89
NJ Arbitrage FundHybridLow6.75%0₹261.42
NJ Flexi Cap FundEquityVery High-6.91%0₹2,352.14

News

There are no new Updates!

Fund House Details & Investment Objective

Date of Incorporation

8 October 2021

Total AUM (Cr)

₹3837.89

NJ Balanced Advantage Fund - Direct (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, NJ Mutual Fund. Launched in 8 October 2021, this fund is managed by Viral Shah. With assets under management (AUM) worth ₹3,837.89 (Cr), as of 10 July 2025, NJ Balanced Advantage Fund - Direct (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 10.41% since its launch.
The current NAV of NJ Balanced Advantage Fund - Direct (G) is ₹14.39, as on 10 July 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in NJ Balanced Advantage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
All units redeemed / switched-out in excess of the 5% load free units will be subject to the below mentioned exit load. 1% - If redeemed / switch-out within 30 days of allotment Nil - If redeemed / switch-out after 30 days of allotment The fund has generated 15.34% and undefined% 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 84.96% in Equity, 14.47% in Debt and 0.57% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 15.22% in Debt, 12.73% in Pharmaceuticals & Biotech, 11.17% in IT-Software, 8.62% in Petroleum Products, 8.15% in Automobiles

FAQs

How to Invest in NJ Balanced Advantage Fund - Direct (G) Direct Growth?

NJ Balanced Advantage Fund - Direct (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 10.41% since inception. Looking to invest in NJ Balanced Advantage Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in NJ Balanced Advantage Fund - Direct (G) 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 on Mutual Funds, Delivery & IPO.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, NJ Balanced Advantage Fund - Direct (G)
  • 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: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode 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: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in NJ Balanced Advantage Fund - Direct (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

How much returns has NJ Balanced Advantage Fund - Direct (G) Direct Growth generated?

In the short term, i.e., 1 year, NJ Balanced Advantage Fund - Direct (G) has generated annualised return of 0.42%. In the long-term, the fund has generated 15.34% and - in 3 and 5 years respectively. Since its inception, the fund has generated 10.41% returns.

What is the expense ratio of NJ Balanced Advantage Fund - Direct (G) Direct Growth?

The expense ratio of NJ Balanced Advantage Fund - Direct (G) Direct Growth is 0.57%. 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.

What is the AUM of NJ Balanced Advantage Fund - Direct (G) Fund Direct Growth?

The Assets Under Management (AUM) of NJ Balanced Advantage Fund - Direct (G) is ₹3,837.89 (Cr) as of 2025-07-10 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from NJ Balanced Advantage Fund - Direct (G) Direct Growth?

Redeeming or selling units of NJ Balanced Advantage Fund - Direct (G) 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 NJ Balanced Advantage Fund - Direct (G):
  • 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 NJ Balanced Advantage Fund - Direct (G)).
  • 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).