NJ Balanced Advantage Fund - Direct (IDCW)
Dynamic Asset Allocation or Balanced AdvantageNAV
13.95(-0.85%)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
7.70%
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 17, 2026 | 9928.83 | -0.71% | - | -0.88% | 43/151 |
| 1 Month | March 24, 2026 | 10340.99 | 3.41% | - | 3.92% | 105/151 |
| 3 Month | January 23, 2026 | 9879.60 | -1.20% | - | -0.20% | 120/147 |
| 6 Month | October 24, 2025 | 9647.30 | -3.53% | - | -2.54% | 106/147 |
| 1 Year | April 24, 2025 | 10072.20 | 0.72% | 0.72% | 2.68% | 108/147 |
| 3 Year | April 24, 2023 | 13811.88 | 38.12% | 11.35% | 11.75% | 71/121 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | October 29, 2021 | 13950.00 | 39.50% | 7.70% | 9.10% | 112/151 |
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 | 118335.14 | -1.39% | -1.39% |
| 3 Year | May 2, 2023 | 3,60,000 | 381979.08 | 6.11% | 2.00% |
| 5 Year | November 1, 2021 | 5,40,000 | 636830.30 | 17.93% | 3.35% |
| 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 | 3.41% | -1.20% | -3.53% | 0.72% | 11.35% | |
| Bank of India Balanced Advantage Fund - Direct (G) | 139.84 | 3.78% | 2.57% | 2.05% | 8.72% | 12.44% | |
| Bank of India Balanced Advantage Fund - Direct (IDCW) | 139.84 | 3.78% | 2.56% | 2.02% | 8.67% | 12.36% | |
| Baroda BNP Paribas Balanced Advantage Fund-Dir (IDCW) | 4365.23 | 5.93% | 1.78% | 0.11% | 7.52% | 14.93% | |
| Baroda BNP Paribas Balanced Advantage Fund-Dir (G) | 4365.23 | 5.93% | 1.77% | 0.10% | 7.51% | 14.93% | |
| Unifi Dynamic Asset Allocation Fund - Direct (G) | 1150.26 | 0.67% | 1.75% | 3.74% | 7.51% | - |
List of Schemes under NJ Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| NJ Balanced Advantage Fund | Hybrid | Moderately High | 0.72% | 2 | ₹3,302.74 |
| NJ Arbitrage Fund | Hybrid | Low | 6.15% | 2 | ₹269.85 |
| NJ Overnight Fund | Debt | Low | 5.34% | 2 | ₹387.75 |
| NJ ELSS Tax Saver Scheme | Equity | Very High | -0.42% | 0 | ₹294.80 |
| NJ Flexi Cap Fund | Equity | Very High | -2.78% | 0 | ₹2,292.86 |
News
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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 24, 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 7.70% since its launch.
The current NAV of NJ Balanced Advantage Fund - Direct (IDCW) is ₹13.95, as on April 24, 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 11.35% 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