NJ Balanced Advantage Fund - Direct (IDCW)

NJ Balanced Advantage Fund - Direct (IDCW) 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 ₹3,870.85 (Cr), as of 12 September 2025, NJ 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 10.28% since its launch.
The current NAV of NJ Balanced Advantage Fund - Direct (IDCW) is ₹14.61, as on 12 September 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in NJ 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 ₹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 13.16% 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 80.34% in Equity, 19.44% in Debt and 0.22% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 17.95% in Debt, 10.58% in Pharmaceuticals & Biotech, 9.23% in IT-Software, 8.79% in Petroleum Products, 7.53% in Capital Markets