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
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