NJ Balanced Advantage Fund - Direct (IDCW)
Dynamic Asset Allocation or Balanced AdvantageNAV
14.09(0.21%)Fund Size (CR)
₹3,302.74Expense Ratio
0.62Scheme Type
Active FundValue Research
Min. investment
₹500Minimum Additional Investment
₹500Minimum SIP Investment
₹100Minimum Withdrawal
₹1Exit Load
1%Return Since Launch
7.87%
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 on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | April 21, 2026 | 9943.42 | -0.57% | - | -1.04% | 24/151 |
| 1 Month | March 27, 2026 | 10422.54 | 4.23% | - | 4.51% | 95/151 |
| 3 Month | January 28, 2026 | 9887.48 | -1.13% | - | -0.64% | 99/147 |
| 6 Month | October 28, 2025 | 9743.59 | -2.56% | - | -2.51% | 80/147 |
| 1 Year | April 28, 2025 | 10210.60 | 2.11% | 2.11% | 3.24% | 101/147 |
| 3 Year | April 28, 2023 | 13784.31 | 37.84% | 11.28% | 11.51% | 69/121 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | October 29, 2021 | 14060.00 | 40.60% | 7.87% | 9.16% | 111/151 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | May 2, 2025 | 1,20,000 | 119522.73 | -0.40% | -0.40% |
| 3 Year | May 2, 2023 | 3,60,000 | 385812.56 | 7.17% | 2.34% |
| 5 Year | November 1, 2021 | 5,40,000 | 643221.43 | 19.12% | 3.56% |
| 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
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
2.68%
Standard Deviation
0.60%
Beta
0.32%
Sharpe Ratio
-0.03%
Treynor's Ratio
2.68%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| HDFC Bank | 6.32% | 2851311 | 208.59 | Equity | Banks |
| Reliance Industr | 3.97% | 975500 | 131.10 | Equity | Refineries |
| Eicher Motors | 3.33% | 166816 | 109.87 | Equity | Automobile |
| Marico | 3.24% | 1453098 | 106.94 | Equity | FMCG |
| Britannia Inds. | 2.91% | 177276 | 96.14 | Equity | FMCG |
| Bajaj Finance | 2.84% | 1171105 | 93.87 | Equity | Finance |
| Muthoot Finance | 2.58% | 270123 | 85.36 | Equity | Finance |
| GE Shipping Co | 2.55% | 594698 | 84.13 | Equity | Shipping |
| ICICI Bank | 2.54% | 695424 | 83.86 | Equity | Banks |
| Bosch | 2.51% | 28871 | 82.99 | Equity | Auto Ancillaries |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| NJ Balanced Advantage Fund - Direct (IDCW) | 3302.74 | 4.23% | -1.13% | -2.56% | 2.11% | 11.28% | |
| Bank of India Balanced Advantage Fund - Direct (G) | 139.84 | 4.37% | 1.68% | 1.95% | 9.09% | 12.13% | |
| Bank of India Balanced Advantage Fund - Direct (IDCW) | 139.84 | 4.37% | 1.66% | 1.92% | 9.03% | 12.06% | |
| Baroda BNP Paribas Balanced Advantage Fund-Dir (IDCW) | 4365.23 | 6.87% | 1.28% | 0.23% | 8.91% | 14.70% | |
| Baroda BNP Paribas Balanced Advantage Fund-Dir (G) | 4365.23 | 6.87% | 1.27% | 0.22% | 8.90% | 14.70% | |
| Unifi Dynamic Asset Allocation Fund - Direct (G) | 1150.26 | 0.83% | 1.87% | 3.86% | 7.63% | - |
List of Schemes under NJ Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| NJ Balanced Advantage Fund | Hybrid | Moderately High | 2.11% | 2 | ₹3,302.74 |
| NJ Arbitrage Fund | Hybrid | Low | 6.17% | 2 | ₹269.85 |
| NJ Overnight Fund | Debt | Low | 5.33% | 2 | ₹387.75 |
| NJ ELSS Tax Saver Scheme | Equity | Very High | 0.85% | 0 | ₹294.80 |
| NJ Flexi Cap Fund | Equity | Very High | -0.83% | 0 | ₹2,292.86 |
News
NJ Mutual Fund announces change in Exit Load Structure
NJ Mutual Fund has announced change in exit load structure under following schemes stands revised with effect from May 01, 2026.Change in Exit Load:
Name of the Scheme Existing Exit Load Revised Exit Load NJ Balanced Advantage Fund NJ Flexi Cap Fund
1 . NIL Exit load ' for 5 % of the units upto completion of 30 days 2 . All units redeemed / switched - out in excess of the 5 % load free units will be subject to the below men tioned exit load.
1 .00% - if Units are redeemed / switched - out on or before 30 days from the date of allotment
Nil - if redeemed after 30 days from the date of allotment.
Nil
Fund House Details & Investment Objective
Date of Incorporation
October 8, 2021
Total AUM (Cr)
₹3302.74
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 October 8, 2021, this fund is managed by Viral Shah. With assets under management (AUM) worth ₹3,302.74 (Cr), as of April 29, 2026, 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 7.87% since its launch.
The current NAV of NJ Balanced Advantage Fund - Direct (IDCW) is ₹14.09, as on April 29, 2026. 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:
The fund has generated 11.28% 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 78.37% in Equity, 15.26% in Debt and 6.37% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 13.92% in Finance, 12.04% in Banks, 9.97% in Debt, 9.11% in Petroleum Products, 6.71% in IT-Software
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors