Nippon India Balanced Advantage Fund - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 24.41 | 12.76 | 12.38 | 10.38 |
Average Rolling Returns(%) | 12.98 | 12.45 | 11.49 | 12.22 |
The Current NAV of Nippon India Balanced Advantage Fund - Growth is ₹170.55.
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 fund’s expense ratio is 1.75%
The process for redemption is
The AUM of Nippon India Balanced Advantage Fund - Growth is currently ₹8,286 Crores.
The Top three stocks are ICICI Bank, HDFC Bank and Infosys and account for 16% of its portfolio. Top 5 and 10 stocks of fund account for 23% and 34% of fund’s portfolio respectively.
Top three sectors of Nippon India Balanced Advantage Fund - Growth fund are BFSI, Others and FMCG accounting for 59% 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 Fund is Hybrid - Balanced Advantage.
Amar Kalkundrikar and Ashutosh Bhargava manage the Nippon India Balanced Advantage Fund - Growth Fund.
Nippon India Balanced Advantage Fund - Growth current PE ratio is 50.40 and PB ratio is 7.60
The asset allocation of Nippon India Balanced Advantage Fund - Growth is Stocks : 69.43%, Debt : 26.52% and Gold : 3.97%
The minimum SIP amount for Nippon India Balanced Advantage Fund - Growth is ₹100.00 and minimum lumpsum is ₹100.00
The exit load for Nippon India Balanced Advantage Fund - Growth 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