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: 1.94% As on (31-05-2022)
Status: Open Ended Schemes
Minimum Investment: 100.0
Minimum Topup: 100.0
Total Assets: 6,061.84 Cr As on (31-05-2022)
Turn over: 359% | Exit Load: For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

117.6796

15.0%

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 0.45
Alpha -0.54
Beta 0.67
Yield to Maturity 6.45
Average Maturity 2.87

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 1.78 15.33 8.2 7.7 12.04
HDFC Balanced Advantage Fund - Growth Plan 15-09-2000 8.91 27.28 10.57 10.84 12.74
BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN GROWTH 14-03-2014 7.08 9.62 7.19 3.61 -
ICICI Prudential Balanced Advantage Fund - Growth 01-12-2006 5.75 16.72 10.43 9.55 12.52
Tata Balanced Advantage Fund-Regular Plan-Growth 05-01-2019 3.31 14.45 10.03 - -
Shriram Balanced Advantage Fund - Regular Growth 05-07-2019 1.3 10.21 - - -
UTI - Unit Linked Insurance Plan 01-10-1971 1.11 12.29 8.07 5.98 8.62
Kotak Balanced Advantage Fund -Regular Plan - Growth Option 05-07-2018 1.03 12.25 9.16 - -
Axis Balanced Advantage Fund - Regular Plan - Growth 05-08-2017 0.83 10.29 6.49 - -
Edelweiss Balanced Advantage Fund - Regular Plan - Growth Option 20-08-2009 0.81 16.12 12.04 9.89 10.85

Scheme Characteristics

Investment in equity/ debt that is managed dynamically.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

5.33%

Others

34.01%

Large Cap

51.0%

Mid Cap

9.64%

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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