NJ Balanced Advantage Fund - Direct (IDCW)
Dynamic Asset Allocation Fund or Balanced Advantage FundNAV
14.36(0.35%)Fund Size (CR)
₹3,385.33Expense Ratio
1.16Scheme Type
Active FundValue Research
-
Min. investment
₹500Minimum Additional Investment
₹500Minimum SIP Investment
₹100Minimum Withdrawal
₹1Exit Load
0%Return Since Launch
7.61%
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 | September 9, 2026 | 9930.60 | -0.69% | - | -1.21% | 20/151 |
| 1 Month | August 14, 2026 | 9695.12 | -3.05% | - | -2.69% | 89/151 |
| 3 Month | June 16, 2026 | 10077.46 | 0.77% | - | 0.15% | 39/151 |
| 6 Month | March 16, 2026 | 10491.20 | 4.91% | - | 4.28% | 48/151 |
| 1 Year | September 16, 2025 | 9787.96 | -2.12% | -2.12% | -0.10% | 107/147 |
| 3 Year | September 15, 2023 | 12574.69 | 25.75% | 7.92% | 8.07% | 73/125 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | October 29, 2021 | 14310.00 | 43.10% | 7.61% | 8.73% | 109/151 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | October 1, 2025 | 1,20,000 | 120913.06 | 0.76% | 0.76% |
| 3 Year | October 3, 2023 | 3,60,000 | 376221.89 | 4.51% | 1.48% |
| 5 Year | November 1, 2021 | 5,90,000 | 705508.85 | 19.58% | 3.64% |
| 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%.
Risk Ratios
2.77%
Standard Deviation
0.62%
Beta
0.47%
Sharpe Ratio
-0.02%
Treynor's Ratio
3.66%
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 | 5.19% | 2477995 | 175.69 | Equity | Banks |
| Reliance Industr | 4.77% | 1264000 | 161.41 | Equity | Refineries |
| ICICI Bank | 4.25% | 989282 | 143.84 | Equity | Banks |
| Bosch | 3.77% | 25515 | 127.58 | Equity | Auto Ancillaries |
| Torrent Pharma. | 3.73% | 249299 | 126.29 | Equity | Pharmaceuticals |
| Marico | 3.23% | 1332093 | 109.23 | Equity | FMCG |
| Dr Lal Pathlabs | 3.03% | 530732 | 102.68 | Equity | Healthcare |
| Eicher Motors | 2.98% | 126918 | 100.94 | Equity | Automobile |
| Sun Pharma.Inds. | 2.82% | 480297 | 95.33 | Equity | Pharmaceuticals |
| Britannia Inds. | 2.63% | 169446 | 88.96 | Equity | FMCG |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| NJ Balanced Advantage Fund - Direct (IDCW) | 3385.33 | -3.05% | 0.77% | 4.91% | -2.12% | 7.92% | |
| Unifi Dynamic Asset Allocation Fund - Direct (G) | 1426.76 | 0.76% | 2.36% | 4.37% | 8.60% | - | |
| Aditya Birla SL Balanced Advantage Fund-Dir (G) | 10125.45 | -2.53% | 1.57% | 7.45% | 4.90% | 11.00% | |
| Aditya Birla SL Balanced Advantage Fund-Dir (IDCW) | 10125.45 | -2.51% | 1.58% | 7.47% | 4.90% | 11.01% | |
| Baroda BNP Paribas Dynamic Asset Allocation Fund-Dir (G) | 5342.81 | -3.67% | -0.42% | 7.03% | 4.23% | 11.11% | |
| Baroda BNP Paribas Dynamic Asset Allocation Fund-Dir (IDCW) | 5342.81 | -3.67% | -0.53% | 6.92% | 4.12% | 11.07% |
List of Schemes under NJ Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| NJ Value Fund | Equity | Very High | 0% | 0 | ₹201.55 |
| NJ ELSS Tax Saver Fund | Equity | Very High | -5.04% | 0 | ₹349.03 |
| NJ Overnight Fund | Debt | Low | 5.2% | 2 | ₹348.29 |
| NJ Balanced Advantage Fund | Hybrid | Moderately High | -2.12% | 2 | ₹3,385.33 |
| NJ Arbitrage Fund | Hybrid | Low | 6.28% | 2 | ₹238.54 |
| NJ Flexi Cap Fund | Equity | Very High | -6.74% | 0 | ₹2,696.50 |
| NJ Momentum Fund | Equity | Very High | 0% | 0 | ₹342.68 |
News
NJ Mutual Fund announces change in fund manager under its schemes
NJ Mutual Fund has announced change in fund manager under the following schemes, With effect from June 11, 2026.Change in Fund Manager:
Scheme Name Existing Fund Management Structure New Management Structure NJ Balanced Advantage Fund, NJ Flexi Cap Fund, NJ ELSS Tax Saver Scheme, NJ Arbitrage Fund, and NJ Overnight Fund Mr. Viral Shah and Mr. Dhaval Patel
Mr. Viral Shah and Mr. Dhaval Patel
Mr. Jaimin Illavia
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Fund House Details & Investment Objective
Date of Incorporation
October 8, 2021
Total AUM (Cr)
₹3385.33
NJ Balanced Advantage Fund - Direct (IDCW) is an Dynamic Asset Allocation Fund or Balanced Advantage Fund-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 ₹3,385.33 (Cr), as of September 17, 2026, NJ Balanced Advantage Fund - Direct (IDCW) is categorized as a Dynamic Asset Allocation Fund or Balanced Advantage Fund within its segment. The fund has generated a return of 7.61% since its launch.
The current NAV of NJ Balanced Advantage Fund - Direct (IDCW) is ₹14.36, as on September 17, 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 7.92% 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 92.72% in Equity, 6.47% in Debt and 0.81% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 15.61% in Pharmaceuticals & Biotech, 14.57% in Banks, 7.69% in Debt, 5.35% in Automobiles, 4.87% in Petroleum Products
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