Mutual Funds
NJ Balanced Advantage Fund-Reg(G)
Hybrid  |   Moderately High  |   Hybrid - Balanced Advantage
12.86   +0.07
NAV(₹) as on 1/3/2024
0.55%
  1D
31.09%
  1Y
   -
  3Y
   -
  5Y
NJ Balanced Advantage Fund-Reg(G)
Growth Chart of the Scheme

Scheme Details
Expense Ratio:
1
Launch Date:
29 Oct 2021
Exit Load:
Nil upto 5% of units and 1% for remaining units on or before 30D, Nil after 30D
AUM:
₹ 3,935.41 Crs
Lock-in:
Nil
Investing Style:
NA
Portfolio Price To Book Value:
8.59
Min. Investment:
SIP : ₹ 100.0
Lumpsum : ₹ 500.0
Scheme Benchmark:
NIFTY 50 Hybrid Composite Debt 50:50 Index
Fund Manager:
Viral Shah ,Vishal Ashar ,Dhaval Patel

FUND OBJECTIVE

The investment objective of the Scheme is to generate capital appreciation by dynamically allocatingits assets between equity and specified debt securities. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

LATEST ASSET & PORTFOLIO ALLOCATION Others Debt Equity
as on 31/1/2024 3.75 % 5.96 % 90.30 %
TOP HOLDINGS

HDFC Bank Ltd.
7.91 %

ICICI Bank Ltd.
5.07 %

Clearing Corporation
3.31 %

Hindustan Aeronautic
3.17 %

Bharat Electronics L
2.88 %

Bajaj Auto Ltd.
2.70 %

ITC Ltd.
2.60 %

See All Holding
ALLOCATION BY MARKET CAP
ALLOCATION BY SECTOR

IT - Software
16.29 %

Bank - Private
14.44 %

Power Generation/Distributio
4.20 %

Automobile Two & Three Wheel
4.13 %

Household & Personal Product
3.54 %

Defence
3.17 %

Bank - Public
2.94 %

See All Sectors
5 YEAR HISTORY

Financial Year 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
NAV (1/3/2024) 9.77 9.83 12.86
Net Assets (Rs Crores) 5,21,808.45 3,99,570.48 3,93,541.18
Scheme Returns(%)(Absolute) -2.30 0.00 30.82
B'mark Returns(%)(Absolute) NA NA NA
Category Rank 18/18 12/18 3/19
RISKOMETER
Level of Risk in the Scheme

Clients will understand that their principal will be at Moderately High risk.

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Fund Details Inception Date Aum(₹ Crs) 1Y 3Y 5Y Since Inception
MDB Logo
SBI Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   High |  13.58   +0.07  
31/8/2021 ₹ 27,48,793.62 26.05% - - 13.01%
MDB Logo
NJ Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Moderately High |  12.86   +0.07  
29/10/2021 ₹ 3,93,541.18 31.09% - - 11.35%
MDB Logo
LIC MF Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  11.99   +0.09  
12/11/2021 ₹ 92,537.99 16.04% - - 8.19%
MDB Logo
Mahindra Manulife Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  13.06   +0.10  
30/12/2021 ₹ 67,204.21 31.30% - - 13.08%
MDB Logo
WOC Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  12.13   +0.10  
10/2/2023 ₹ 82,169.99 22.79% - - 20.12%
MDB Logo
Bajaj Finserv Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  10.43   +0.12  
15/12/2023 ₹ 92,604.47 - - - 4.33%
MDB Logo
Bandhan Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Moderately High |  21.25   +0.16  
10/10/2014 ₹ 2,25,020.93 19.73% 9.42% 10.64% 8.35%
MDB Logo
Union Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  18.37   +0.13  
29/12/2017 ₹ 1,63,964.42 20.38% 9.68% 12.43% 10.35%
MDB Logo
HSBC Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   High |  38.73   +0.23  
7/2/2011 ₹ 1,39,879.23 23.32% 10.54% 10.50% 10.91%
MDB Logo
Kotak Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  17.80   +0.11  
3/8/2018 ₹ 15,62,254.89 18.68% 10.70% 12.04% 10.88%