FAQ : NJ Balanced Advantage Fund - Regular Plan - Growth

NJ Balanced Advantage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 17.81 11.32 N/A N/A
Average Rolling Returns(%) 17.95 N/A N/A N/A

The Current NAV of NJ Balanced Advantage Fund - Regular Plan - Growth is ₹13.65.

It is better to invest in a fund with a longer track record as NJ Balanced Advantage Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.

NJ Balanced Advantage Fund - Regular Plan - Growth fund’s expense ratio is 1.89%

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 NJ Balanced Advantage Fund - Regular Plan - Growth is currently ₹3,988 Crores.

The Top three stocks are Reliance Industries, HCL Tech. and Ajanta Pharma and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 34% of fund’s portfolio respectively.

Top three sectors of NJ Balanced Advantage Fund - Regular Plan - Growth fund are Others, Healthcare and Oil & Gas accounting for 56% 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 NJ Balanced Advantage Fund - Regular Plan - Growth Fund is Hybrid - Balanced Advantage.

Viral Shah and Dhaval Patel manage the NJ Balanced Advantage Fund - Regular Plan - Growth Fund.

NJ Balanced Advantage Fund - Regular Plan - Growth current PE ratio is 38.80 and PB ratio is 10.27

The asset allocation of NJ Balanced Advantage Fund - Regular Plan - Growth is Stocks : 67.24%, Debt : 32.76% and Gold : 0%

The minimum SIP amount for NJ Balanced Advantage Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹500.00

The exit load for NJ Balanced Advantage Fund - Regular Plan - Growth is Nil upto 5% of units and 1% for remaining units on or before 30 days, Nil after 30 days

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