Nippon India Balanced Advantage Fund Direct-Growth is a hybrid mutual fund offered by Nippon India Mutual Fund. The fund has an AUM of ₹8,950.26 crores and the current NAV is ₹192.814 as of October 19, 2024.
The Nippon India Balanced Advantage Fund has returned 24.99% in the last year, 43.21% in the previous three years and 323.10% since its launch.
Nippon India Balanced Advantage Fund Returns
| Period | This fund | Category average |
|---|---|---|
| 1 month | -1.55% | -0.65% |
| 3 months | 2.1% | 2.85% |
| 6 months | 10.5% | 10.99% |
| 1 year | 25.24% | 25.39% |
| 3 years | 12.9% | 13.21% |
| 5 years | 15.02% | 15.01% |
| 10 years | 12.29% | 11.86% |
Nippon India Balanced Advantage Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
ICICI Bank Ltd.
|
Financial | Equity | 5.89% |
|
HDFC Bank Ltd.
|
Financial | Equity | 5.58% |
|
Infosys Ltd.
|
Technology | Equity | 4.34% |
|
Bharti Airtel Ltd.
|
Communication | Equity | 3.56% |
|
NTPC Ltd.
|
Energy | Equity | 2.63% |
Sector Allocation in Nippon India Balanced Advantage Fund
| Sector | Percentage | Amount |
|---|---|---|
| Financial | 14.49% | ₹1,296.57 Cr |
| Consumer Staples | 6.63% | ₹ 593.07 Cr |
| Technology | 6.35% | ₹568.50 Cr |
| Services | 5.35% | ₹478.93 Cr |
| Energy | 5.16% | ₹461.57 Cr |
| Others | 62.03% | ₹5,551.85 Cr |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
