FAQ : Nippon India Balanced Advantage Fund - Growth - Direct Plan

Nippon India Balanced Advantage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 24.24 13.56 13.41 10.41
Average Rolling Returns(%) 13.75 12.37 11.50 12.41

The Current NAV of Nippon India Balanced Advantage Fund - Growth - Direct Plan is ₹173.41.

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.

Nippon India Balanced Advantage Fund - Growth - Direct Plan fund’s expense ratio is 0.63%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Nippon India Balanced Advantage Fund - Growth - Direct Plan is currently ₹7,651 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Infosys and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 33% of fund’s portfolio respectively.

Top three sectors of Nippon India Balanced Advantage Fund - Growth - Direct Plan fund are Others, BFSI and IT accounting for 57% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Nippon India Balanced Advantage Fund - Growth - Direct Plan Fund is Hybrid - Balanced Advantage.

Amar Kalkundrikar and Ashutosh Bhargava manage the Nippon India Balanced Advantage Fund - Growth - Direct Plan Fund.

Nippon India Balanced Advantage Fund - Growth - Direct Plan current PE ratio is 40.19 and PB ratio is 5.88

The asset allocation of Nippon India Balanced Advantage Fund - Growth - Direct Plan is Stocks : 66.04%, Debt : 31.20% and Gold : 2.71%

The minimum SIP amount for Nippon India Balanced Advantage Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Nippon India Balanced Advantage Fund - Growth - Direct Plan is Nil for 10% of units on or before 12 months, In excess of limit 1% on or before 12 months and Nil after 12 months

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