Nippon India Balanced Advantage Fund-Growth Plan-Growth Option

(Erstwhile Reliance Balanced Advantage Fund-Growth Plan-Growth Option)
Fund House: Nippon India Mutual Fund
Category: Hybrid: Dynamic Asset Allocation
Launch Date: 05-11-2004
Asset Class: Mixed Asset
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Expense Ratio: 1.78% As on (31-10-2022)
Status: Open Ended Schemes
Minimum Investment: 100.0
Minimum Topup: 100.0
Total Assets: 6,680.76 Cr As on (31-10-2022)
Turn over: 343% | Exit Load: For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

129.6839

15.23%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
1 Years 5 Months
3 Years 2 Months
9 Years 6 Months
16 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims to generate optimal returns by investing in equity & equity related instruments of Indian companies primarily drawn from BSE 200.

Current Asset Allocation (%)

Indicators

Volatility 13.45
Sharp Ratio 0.62
Alpha 0.17
Beta 0.66
Yield to Maturity 7.51
Average Maturity 3.94

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option 05-11-2004 7.01 12.61 11.71 8.94 11.29
HDFC Balanced Advantage Fund - Growth Plan 15-09-2000 18.66 24.77 18.76 12.27 13.3
BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN GROWTH 14-03-2014 16.88 13.05 10.78 5.46 -
ICICI Prudential Balanced Advantage Fund - Growth 01-12-2006 8.21 12.49 12.25 9.83 12.01
Sundaram Balanced Advantage Fund (Formerly Known as Principal Balanced Advantage Fund) - Growth Option 02-01-2013 7.17 11.75 14.7 9.65 10.6
Tata Balanced Advantage Fund-Regular Plan-Growth 05-01-2019 7.06 12.71 13.14 - -
SBI Balanced Advantage Fund - Regular Plan - Growth 05-08-2021 6.54 - - - -
LIC MF Balanced Advantage Fund-Regular Plan-Growth 12-11-2021 6.16 - - - -
Shriram Balanced Advantage Fund - Regular Growth 05-07-2019 5.77 8.57 9.95 - -
Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option 25-04-2000 5.34 10.59 11.92 8.75 10.96

Scheme Characteristics

Investment in equity/ debt that is managed dynamically.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

4.68%

Others

33.07%

Large Cap

53.58%

Mid Cap

8.75%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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