NJ Balanced Advantage Fund - Direct (IDCW)
Dynamic Asset Allocation or Balanced AdvantageNAV
13.49(0.37%)Fund Size (CR)
₹3,691.87Expense Ratio
0.62Scheme Type
Active FundValue Research
Min. investment
₹500Minimum Additional Investment
₹500Minimum SIP Investment
₹100Minimum Withdrawal
₹0Exit Load
1%Return Since Launch
8.91%
- 3M
- 6M
- 1Y
- 3Y
- All
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 | 9 April 2025 | 10267.38 | 2.67% | - | 2.84% | 94/147 |
| 1 Month | 13 March 2025 | 10228.31 | 2.28% | - | 3.47% | 135/147 |
| 3 Month | 16 January 2025 | 9739.13 | -2.61% | - | -0.46% | 133/145 |
| 6 Month | 16 October 2024 | 9130.43 | -8.70% | - | -4.26% | 127/145 |
| 1 Year | 16 April 2024 | 10143.40 | 1.43% | 1.43% | 6.11% | 117/141 |
| 3 Year | 13 April 2022 | 13534.74 | 35.35% | 10.58% | 10.97% | 61/107 |
| 5 Year | - | - | 0% | - | 14.99% | -/- |
| Since Inception | 29 October 2021 | 13440.00 | 34.40% | 8.91% | 10.31% | 106/147 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 2 May 2024 | 1,20,000 | 115457.47 | -3.79% | -3.79% |
| 3 Year | 2 May 2022 | 3,60,000 | 419311.51 | 16.48% | 5.22% |
| 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
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
2.71%
Standard Deviation
0.62%
Beta
0.50%
Sharpe Ratio
-0.02%
Treynor's Ratio
2.22%
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 |
|---|---|---|---|---|---|
| Reliance Industr | 8.60% | 2490500 | 317.56 | Equity | Refineries |
| HCL Technologies | 4.25% | 986025 | 157.02 | Equity | IT - Software |
| Coal India | 3.81% | 3531645 | 140.63 | Equity | Mining & Mineral products |
| HDFC AMC | 3.72% | 342136 | 137.33 | Equity | Finance |
| Bajaj Auto | 3.19% | 149699 | 117.95 | Equity | Automobile |
| Ajanta Pharma | 2.96% | 416026 | 109.12 | Equity | Pharmaceuticals |
| Alkem Lab | 2.78% | 209976 | 102.50 | Equity | Pharmaceuticals |
| Bosch | 2.75% | 35752 | 101.39 | Equity | Auto Ancillaries |
| Torrent Pharma. | 2.69% | 307129 | 99.14 | Equity | Pharmaceuticals |
| Hero Motocorp | 2.64% | 261692 | 97.43 | Equity | Automobile |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| NJ Balanced Advantage Fund - Direct (IDCW) | 3691.87 | 2.28% | -2.61% | -8.70% | 1.43% | 10.58% | |
| AXIS Balanced Advantage Fund - Direct (IDCW) | 2807.81 | 3.38% | 0.96% | -1.40% | 13.86% | 14.25% | |
| AXIS Balanced Advantage Fund - Direct (G) | 2807.81 | 3.32% | 0.95% | -1.41% | 13.82% | 14.27% | |
| WhiteOak Capital Balanced Advantage Fund - Dir (G) | 1387.66 | 4.58% | 1.10% | -1.09% | 13.01% | - | |
| UTI-Unit Linked Insurance Plan - Direct | 5352.11 | 4.02% | 2.07% | 0.64% | 12.92% | 8.56% | |
| DSP Dynamic Asset Allocation Fund -Dir (G) | 3216.51 | 3.41% | 2.30% | 0.42% | 12.73% | 11.91% |
List of Schemes under NJ Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| NJ ELSS Tax Saver Scheme | Equity | Very High | 1.63% | 0 | ₹247.70 |
| NJ Overnight Fund | Debt | Low | 6.52% | 2 | ₹216.48 |
| NJ Balanced Advantage Fund | Hybrid | Moderately High | 1.43% | 2 | ₹3,691.87 |
| NJ Arbitrage Fund | Hybrid | Low | 7.14% | 0 | ₹286.49 |
| NJ Flexi Cap Fund | Equity | Very High | -3.04% | 0 | ₹2,027.79 |
News
NJ MF announces change in Fund Managers of the following scheme
NJ Mutual Fund has announced that Mr. Vishal Ashar, Dealer and Fund Manager for NJ Balanced Advantage Fund (Arbitrage Portion) and NJ Arbitrage Fund, will cease to be the Key Personnel effective from closing business hours of December 03, 2024. Accordingly, the fund Management Structure of the designated schemes is as follows:Change in the name of the Scheme:
Name of the Fund Fund Management Structure NJ Balanced Advantge Fund Mr. Viral Shah
Mr. Dhaval PatelNJ Arbitrage Fund Mr. Viral Shah
Mr. Dhaval PatelPowered by Capital Market - Live News
NJ Mutual Fund announces change in Key Personnel
NJ Mutual Fund has announced that Mr. Vinayak Agrawal has been appointed as a Head of Operations on the Board of NJ Management Company Ltd. effective November 18, 2024.Details of Mr. Vinayak Agrawal
Age: 24 years
Designation: Research Analyst
Qualification: B.com, CA, CFA Level 2
Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
8 October 2021
Total AUM (Cr)
₹3691.87
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 ₹3,691.87 (Cr), as of 17 April 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 8.91% since its launch.
The current NAV of NJ Balanced Advantage Fund - Direct (IDCW) is ₹13.49, as on 17 April 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 10.58% 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 83.62% in Equity, 15.22% in Debt and 1.19% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 30.57% in Debt, 11.64% in Pharmaceuticals & Biotech, 8.75% in IT-Software, 8.65% in Petroleum Products, 6.13% in Automobiles
FAQs
How to Invest in NJ Balanced Advantage Fund - Direct (IDCW) Direct Growth?
NJ Balanced Advantage Fund - Direct (IDCW) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 8.91% since inception. Looking to invest in NJ Balanced Advantage Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in NJ Balanced Advantage Fund - Direct (IDCW) 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 (IDCW)
- 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 (IDCW) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!
How much returns has NJ Balanced Advantage Fund - Direct (IDCW) Direct Growth generated?
What is the expense ratio of NJ Balanced Advantage Fund - Direct (IDCW) Direct Growth?
What is the AUM of NJ Balanced Advantage Fund - Direct (IDCW) Fund Direct Growth?
How to redeem or withdraw money from NJ Balanced Advantage Fund - Direct (IDCW) Direct Growth?
Redeeming or selling units of NJ Balanced Advantage Fund - Direct (IDCW) 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 (IDCW):
- 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 (IDCW)).
- 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).