Nippon India Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage Fund
BMSMONEY Rank 4
BMSMONEY Rating
Growth Option As On: 24-04-2024
NAV ₹157.7 (R) +0.26% ₹176.03 (D) +0.26%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 24.36% 13.24% 11.67% 10.35% 12.26%
LumpSum Dir. P 25.87% 14.74% 13.15% 11.71% 13.41%
SIP Reg. P 24.61% 12.95% 13.64% 12.07% 11.41%
SIP Dir. P 26.12% 14.37% 15.14% 13.5% 12.71%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.68 0.36 0.89 3.15% 0.07
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
6.5% -5.53% -3.85% 0.65 4.42%

NAV Date: 24-04-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA BALANCED ADVANTAGE FUND - IDCW Option 32.43
0.0800
0.2600%
NIPPON INDIA BALANCED ADVANTAGE FUND - DIRECT Plan - IDCW Option 43.65
0.1100
0.2600%
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option 157.7
0.4000
0.2600%
Nippon India Balanced Advantage Fund-Growth Plan-Bonus Option 157.7
0.4000
0.2600%
Nippon India Balanced Advantage Fund - Direct Plan Growth Plan - Growth Option 176.03
0.4600
0.2600%

Review Date: March 28, 2024

Performance of the Nippon India Balanced Advantage Fund has been analyzed on 20 performance parameters. Out of eight return parameters, the fund has one return parameter in first quartile; whereas two risk parameters (out of five) in first quartile. Similarly six risk-adjusted performance parameters are in first quartile. Based on this performance Nippon India Balanced Advantage Fund has achieved fourth (out of 20 funds), which is very good rank in the Dynamic Asset Allocation or Balanced Advantage Fund category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The Dynamic Asset Allocation or Balanced Advantage Fund category has 20 funds.
Our ranking methodology employs a composite performance score, taking into account the fund's return, risk, and risk-adjusted performance from the past three years. This composite performance score is then crucial in ranking the funds within the respective category.

The Nippon India Balanced Advantage Fund has below average return performance, as more than 25% 1 year and above return parameters are below average in Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Nippon India Balanced Advantage Fund has given return of 0.99% in last one month which is very good as it is in the top quartile in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Nippon India Balanced Advantage Fund has given return of 3.89% in last three month which is good as it is above average in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. 1 Year Return%: The Nippon India Balanced Advantage Fund has given return of 25.22% in last one year which is poor as it is in the below average in Dynamic Asset Allocation or Balanced Advantage Fund. The one year return rank of Nippon India Balanced Advantage Fund is 12 in 24 funds. The investment of ₹ 10,000 in this fund would have become ₹ 12522.0 in one year.
  4. 3 Year Return%: The Nippon India Balanced Advantage Fund has given return of 12.35% in last three year which is good as it is above average with return rank of 8 in 19 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. 5 Year Return%: The Nippon India Balanced Advantage Fund has given return of 11.31% in last five year which is poor as it is in the below average with return rank of 9 in 16 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  6. 1 Year SIP Return%: The Nippon India Balanced Advantage Fund has given return of 6.7% in last one year which is good as it is above average with return rank of 11 in 24 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  7. 3 Year SIP Return%: The Nippon India Balanced Advantage Fund has given return of 12.66% in last three year which is good as it is above average with return rank of 10 in 19 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  8. 5 Year SIP Return%: The Nippon India Balanced Advantage Fund has given return of 13.36% in last five year which is good as it is above average with return rank of 7 in 16 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    9. '
'

The Nippon India Balanced Advantage Fund has above average risk performance, as more than 25% risk parameters are in the top quartile in Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Nippon India Balanced Advantage Fund has standard deviation of 6.5 which is good as it is above average with risk rank of 5 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Nippon India Balanced Advantage Fund has semi deviation of 4.42 which is good as it is above average with risk rank of 5 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Nippon India Balanced Advantage Fund has max drawdown of -3.85% which is very good as it is in the top quartile with risk rank of 2 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Nippon India Balanced Advantage Fund has 1Y VaR at 95% of -5.53% which is good as it is above average with risk rank of 4 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Nippon India Balanced Advantage Fund has average drawdown of -1.74% which is very good as it is in the top quartile with risk rank of 3 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    6. '
'

The Nippon India Balanced Advantage Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Nippon India Balanced Advantage Fund has Sterling Ratio of 0.89 which is very good as it is in the top quartile with risk rank of 3 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Nippon India Balanced Advantage Fund has Sortino Ratio of 0.36 which is very good as it is in the top quartile with risk rank of 3 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Nippon India Balanced Advantage Fund has Jensen Alpha of 3.15% which is very good as it is in the top quartile with risk rank of 3 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Nippon India Balanced Advantage Fund has Treynor Ratio of 0.07 which is very good as it is in the top quartile with risk rank of 3 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Nippon India Balanced Advantage Fund has Modigliani Square Measure of 16.83% which is very good as it is in the top quartile with risk rank of 3 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The Nippon India Balanced Advantage Fund has Alpha of -0.62% which is good as it is above average with risk rank of 7 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.23
1.96
1.10 | 3.73 9 | 24
Yes
No
No
3M Return % 4.95
4.54
1.92 | 6.32 8 | 24
Yes
No
No
6M Return % 14.86
14.23
6.52 | 22.40 11 | 24
Yes
No
No
1Y Return % 24.36
23.78
12.92 | 39.03 12 | 24
Yes
No
No
3Y Return % 13.24
12.66
7.71 | 25.66 6 | 19
Yes
No
No
5Y Return % 11.67
11.84
7.27 | 18.48 7 | 16
No
No
No
7Y Return % 10.35
10.11
7.15 | 16.08 4 | 11
Yes
No
No
10Y Return % 12.26
11.26
7.63 | 16.29 4 | 8
Yes
No
No
15Y Return % 14.51
12.96
6.20 | 16.90 2 | 5
Yes
Yes
No
1Y SIP Return % 24.61
22.91
10.24 | 38.69 11 | 24
Yes
No
No
3Y SIP Return % 12.95
12.59
5.46 | 25.07 8 | 19
Yes
No
No
5Y SIP Return % 13.64
13.40
8.14 | 24.48 7 | 16
Yes
No
No
7Y SIP Return % 12.07
11.80
7.46 | 19.99 4 | 11
Yes
No
No
10Y SIP Return % 11.41
11.14
7.50 | 17.32 4 | 8
Yes
No
No
15Y SIP Return % 11.86
11.56
6.65 | 15.51 3 | 5
Yes
No
No
Standard Deviation 6.50
7.12
4.59 | 10.04 5 | 11
Yes
No
No
Semi Deviation 4.42
4.78
3.16 | 6.56 5 | 11
Yes
No
No
Max Drawdown % -3.85
-6.01
-10.45 | -1.47 2 | 11
Yes
Yes
No
VaR 1 Y % -5.53
-6.83
-11.22 | -3.49 4 | 11
Yes
No
No
Average Drawdown % -1.74
-2.26
-3.35 | -1.00 3 | 11
Yes
Yes
No
Sharpe Ratio 0.68
0.54
0.10 | 1.15 3 | 11
Yes
Yes
No
Sterling Ratio 0.89
0.74
0.47 | 1.15 3 | 11
Yes
Yes
No
Sortino Ratio 0.36
0.29
0.07 | 0.65 3 | 11
Yes
Yes
No
Jensen Alpha % 3.15
1.75
-0.53 | 5.67 3 | 11
Yes
Yes
No
Treynor Ratio 0.07
0.05
0.01 | 0.09 3 | 11
Yes
Yes
No
Modigliani Square Measure % 16.83
13.55
8.72 | 20.33 3 | 11
Yes
Yes
No
Alpha % -0.62
-0.67
-5.43 | 2.38 7 | 11
Yes
No
No
Return data last Updated On : April 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.32 2.06 1.17 | 3.83 9 | 24
Yes
No
No
3M Return % 5.25 4.86 2.22 | 6.62 9 | 24
Yes
No
No
6M Return % 15.55 14.93 6.91 | 22.78 11 | 24
Yes
No
No
1Y Return % 25.87 25.34 13.73 | 39.88 12 | 24
Yes
No
No
3Y Return % 14.74 14.09 8.51 | 26.45 6 | 19
Yes
No
No
5Y Return % 13.15 13.12 8.05 | 19.21 7 | 16
Yes
No
No
7Y Return % 11.71 11.29 7.88 | 16.87 4 | 11
Yes
No
No
10Y Return % 13.41 12.32 8.33 | 17.04 3 | 8
Yes
No
No
1Y SIP Return % 26.12 24.45 11.04 | 39.54 11 | 24
Yes
No
No
3Y SIP Return % 14.37 13.98 6.24 | 25.85 8 | 19
Yes
No
No
5Y SIP Return % 15.14 14.71 8.95 | 25.25 5 | 16
Yes
No
No
7Y SIP Return % 13.50 12.98 8.24 | 20.73 4 | 11
Yes
No
No
10Y SIP Return % 12.71 12.22 8.23 | 18.05 4 | 8
Yes
No
No
Standard Deviation 6.50 7.12 4.59 | 10.04 5 | 11
Yes
No
No
Semi Deviation 4.42 4.78 3.16 | 6.56 5 | 11
Yes
No
No
Max Drawdown % -3.85 -6.01 -10.45 | -1.47 2 | 11
Yes
Yes
No
VaR 1 Y % -5.53 -6.83 -11.22 | -3.49 4 | 11
Yes
No
No
Average Drawdown % -1.74 -2.26 -3.35 | -1.00 3 | 11
Yes
Yes
No
Sharpe Ratio 0.68 0.54 0.10 | 1.15 3 | 11
Yes
Yes
No
Sterling Ratio 0.89 0.74 0.47 | 1.15 3 | 11
Yes
Yes
No
Sortino Ratio 0.36 0.29 0.07 | 0.65 3 | 11
Yes
Yes
No
Jensen Alpha % 3.15 1.75 -0.53 | 5.67 3 | 11
Yes
Yes
No
Treynor Ratio 0.07 0.05 0.01 | 0.09 3 | 11
Yes
Yes
No
Modigliani Square Measure % 16.83 13.55 8.72 | 20.33 3 | 11
Yes
Yes
No
Alpha % -0.62 -0.67 -5.43 | 2.38 7 | 11
Yes
No
No
Return data last Updated On : April 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.26 ₹ 10026.0 0.26 ₹ 10026.0
1W 1.13 ₹ 10113.0 1.15 ₹ 10115.0
1M 2.23 ₹ 10223.0 2.32 ₹ 10232.0
3M 4.95 ₹ 10495.0 5.25 ₹ 10525.0
6M 14.86 ₹ 11486.0 15.55 ₹ 11555.0
1Y 24.36 ₹ 12436.0 25.87 ₹ 12587.0
3Y 13.24 ₹ 14520.0 14.74 ₹ 15105.0
5Y 11.67 ₹ 17363.0 13.15 ₹ 18548.0
7Y 10.35 ₹ 19931.0 11.71 ₹ 21703.0
10Y 12.26 ₹ 31782.0 13.41 ₹ 35212.0
15Y 14.51 ₹ 76337.0 - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 24.6074 ₹ 13543.176 26.12 ₹ 13634.928
3Y ₹ 36000 12.9518 ₹ 43676.928 14.3731 ₹ 44580.42
5Y ₹ 60000 13.6429 ₹ 84477.9 15.1398 ₹ 87654.42
7Y ₹ 84000 12.0654 ₹ 129124.38 13.5006 ₹ 135917.04
10Y ₹ 120000 11.4112 ₹ 217183.8 12.706 ₹ 232702.92
15Y ₹ 180000 11.8628 ₹ 470657.34 - ₹ -


Date NAV Regular Growth NAV Direct Growth
24-04-2024 157.7014 176.0316
23-04-2024 157.2967 175.574
22-04-2024 157.0506 175.2934
19-04-2024 156.3472 174.491
18-04-2024 155.9447 174.036
16-04-2024 156.2262 174.339
15-04-2024 156.4814 174.6181
12-04-2024 157.5205 175.7601
09-04-2024 157.7522 176.0012
08-04-2024 157.7891 176.038
05-04-2024 157.07 175.2183
04-04-2024 156.7771 174.8857
03-04-2024 156.4065 174.4665
02-04-2024 156.2009 174.2314
01-04-2024 156.2262 174.2538
28-03-2024 155.4911 173.4115
27-03-2024 154.6345 172.4507
26-03-2024 154.2668 172.0351
22-03-2024 154.1933 171.9311
21-03-2024 153.7416 171.422
20-03-2024 152.7995 170.3662
19-03-2024 152.6761 170.2232
18-03-2024 153.3284 170.9451
15-03-2024 153.0411 170.6084
14-03-2024 153.471 171.0821
13-03-2024 152.7648 170.2895
12-03-2024 154.4219 172.1312
11-03-2024 154.6752 172.408
07-03-2024 155.252 173.0288
06-03-2024 155.1181 172.8741
05-03-2024 154.9864 172.722
04-03-2024 155.1594 172.9092
01-03-2024 154.6776 172.3561
29-02-2024 153.4834 171.02
28-02-2024 153.0728 170.5571
27-02-2024 153.9598 171.5401
26-02-2024 153.8984 171.4663
23-02-2024 154.0911 171.6646
22-02-2024 154.018 171.5777
21-02-2024 153.3362 170.8125
20-02-2024 153.7259 171.2411
19-02-2024 153.4324 170.9087
16-02-2024 153.15 170.5778
15-02-2024 152.6076 169.9682
14-02-2024 152.2274 169.5394
13-02-2024 151.7913 169.0482
12-02-2024 151.1664 168.3469
09-02-2024 152.2035 169.4858
08-02-2024 152.3622 169.657
07-02-2024 152.926 170.2794
06-02-2024 152.8023 170.1362
05-02-2024 151.9662 169.1999
02-02-2024 152.1864 169.4288
01-02-2024 151.8225 169.0183
31-01-2024 151.7069 168.8841
30-01-2024 150.9179 168.0005
29-01-2024 151.5491 168.6977
25-01-2024 150.2636 167.2454
24-01-2024 150.3959 167.3872
23-01-2024 149.4397 166.3177
19-01-2024 150.8851 167.904
18-01-2024 149.7513 166.6367
17-01-2024 150.0412 166.9538
16-01-2024 151.3382 168.3913
15-01-2024 151.646 168.7281
12-01-2024 151.009 168.0026
11-01-2024 150.3332 167.2452
10-01-2024 150.0798 166.9577
09-01-2024 149.9874 166.8494
08-01-2024 149.7385 166.567
05-01-2024 150.6342 167.5466
04-01-2024 150.2495 167.1131
03-01-2024 149.2911 166.0416
02-01-2024 149.7559 166.553
01-01-2024 149.9177 166.7274
29-12-2023 149.664 166.4286
28-12-2023 149.5887 166.3394
27-12-2023 148.8565 165.5196
26-12-2023 148.1121 164.6864
22-12-2023 147.5893 164.0832
21-12-2023 147.1824 163.6254
20-12-2023 146.4377 162.7921
19-12-2023 148.3624 164.9262
18-12-2023 148.3111 164.8636
15-12-2023 148.2463 164.7748
14-12-2023 147.4672 163.9033
13-12-2023 146.3416 162.6468
12-12-2023 145.8734 162.1209
11-12-2023 146.3508 162.646
08-12-2023 146.0869 162.3363
07-12-2023 145.9067 162.1305
06-12-2023 145.8644 162.0781
05-12-2023 145.6401 161.8234
04-12-2023 145.1467 161.2697
01-12-2023 143.5539 159.4834
30-11-2023 142.6589 158.4837
29-11-2023 142.1638 157.9283
28-11-2023 141.1624 156.8106
24-11-2023 140.7389 156.319
23-11-2023 140.6078 156.1681
22-11-2023 140.5883 156.1411
21-11-2023 140.4358 155.9665
20-11-2023 140.2258 155.728
17-11-2023 140.3043 155.7994
16-11-2023 140.2514 155.7353
15-11-2023 139.9707 155.4184
13-11-2023 139.3003 154.6631
10-11-2023 139.0625 154.3835
09-11-2023 138.9063 154.2049
08-11-2023 138.9353 154.2318
07-11-2023 138.8109 154.0885
06-11-2023 138.6692 153.926
03-11-2023 138.1382 153.3211
02-11-2023 137.6372 152.7598
01-11-2023 137.1738 152.2404
31-10-2023 137.2756 152.3481
30-10-2023 137.4235 152.5072
27-10-2023 137.2878 152.3411
26-10-2023 136.7852 151.7782
25-10-2023 137.2973 152.3413
23-10-2023 137.6257 152.6954
20-10-2023 138.373 153.509
19-10-2023 138.7778 153.9528
18-10-2023 139.0593 154.2598
17-10-2023 139.5312 154.7781
16-10-2023 139.1906 154.3951
13-10-2023 139.1822 154.3701
12-10-2023 139.2298 154.4176
11-10-2023 139.2253 154.4075
10-10-2023 138.8527 153.989
09-10-2023 138.3271 153.4009
06-10-2023 138.8201 153.932
05-10-2023 138.6663 153.7563
04-10-2023 138.3556 153.4067
03-10-2023 138.8941 153.9985
29-09-2023 138.9754 154.0679
27-09-2023 138.8829 153.9548
26-09-2023 138.5912 153.6262
25-09-2023 138.6427 153.6781
22-09-2023 138.6298 153.6482
21-09-2023 138.7356 153.7602
20-09-2023 139.3091 154.3905
18-09-2023 139.9422 155.0815
15-09-2023 139.9626 155.0882
14-09-2023 139.7635 154.8623
13-09-2023 139.4686 154.5303
12-09-2023 139.2973 154.3352
11-09-2023 140.0399 155.1527
08-09-2023 139.5079 154.5476
07-09-2023 138.8849 153.8522
06-09-2023 138.3255 153.2273
05-09-2023 138.2578 153.1472
04-09-2023 137.9013 152.747
01-09-2023 137.5659 152.36
31-08-2023 136.6868 151.3811
30-08-2023 136.7688 151.4668
29-08-2023 136.5246 151.1912
28-08-2023 136.3912 151.0382
25-08-2023 136.0911 150.6906
24-08-2023 136.4628 151.097
23-08-2023 136.4586 151.0872
22-08-2023 136.1859 150.7801
21-08-2023 135.873 150.4285
18-08-2023 135.6263 150.1401
17-08-2023 135.7117 150.2294
16-08-2023 135.9432 150.4806
14-08-2023 135.9031 150.4259
11-08-2023 136.0231 150.5434
10-08-2023 136.3801 150.9334
09-08-2023 136.8254 151.421
08-08-2023 136.509 151.0657
07-08-2023 136.4004 150.9403
04-08-2023 136.0127 150.496
03-08-2023 135.4276 149.8435
02-08-2023 136.0482 150.5251
01-08-2023 137.002 151.5752
31-07-2023 136.8302 151.38
28-07-2023 136.2252 150.6952
27-07-2023 135.9331 150.367
26-07-2023 136.1501 150.6019
25-07-2023 135.7884 150.1966
24-07-2023 135.8454 150.2545
21-07-2023 136.0929 150.5131
20-07-2023 136.6931 151.1716
19-07-2023 136.0547 150.4606
18-07-2023 135.6435 150.0007
17-07-2023 135.5896 149.936
14-07-2023 135.0139 149.2843
13-07-2023 134.4975 148.7084
12-07-2023 134.5021 148.7084
11-07-2023 134.5298 148.7341
10-07-2023 133.9719 148.1123
07-07-2023 133.9958 148.1239
06-07-2023 134.6096 148.7974
05-07-2023 134.2646 148.411
04-07-2023 134.0101 148.1247
03-07-2023 133.9262 148.0271
30-06-2023 133.651 147.7083
28-06-2023 133.1727 147.1698
27-06-2023 132.6498 146.587
26-06-2023 132.1486 146.0282
23-06-2023 131.9614 145.8071
22-06-2023 132.5066 146.4045
21-06-2023 132.874 146.8055
20-06-2023 132.7225 146.6331
19-06-2023 132.4725 146.3521
16-06-2023 132.724 146.6152
15-06-2023 132.0598 145.8767
14-06-2023 132.1609 145.9834
13-06-2023 132.0387 145.8435
12-06-2023 131.5189 145.2644
09-06-2023 131.3316 145.0431
08-06-2023 131.4637 145.1841
07-06-2023 131.8455 145.6009
06-06-2023 131.318 145.0135
05-06-2023 131.3157 145.006
02-06-2023 130.9868 144.6286
01-06-2023 130.6254 144.2246
31-05-2023 130.6067 144.1992
30-05-2023 130.7154 144.3144
29-05-2023 130.4732 144.0422
26-05-2023 130.0693 143.5819
25-05-2023 129.4891 142.9366
24-05-2023 129.1932 142.6052
23-05-2023 129.3077 142.7268
22-05-2023 129.1562 142.5548
19-05-2023 129.0319 142.4035
18-05-2023 128.9366 142.2935
17-05-2023 129.1482 142.5222
16-05-2023 129.3616 142.7529
15-05-2023 129.4653 142.8625
12-05-2023 129.0616 142.403
11-05-2023 128.9708 142.298
10-05-2023 128.9514 142.2718
09-05-2023 128.6484 141.9327
08-05-2023 128.8078 142.1038
05-05-2023 128.0715 141.2775
04-05-2023 128.6482 141.9088
03-05-2023 128.1457 141.3497
02-05-2023 128.0483 141.2376
28-04-2023 127.5618 140.6821
27-04-2023 127.0438 140.1062
26-04-2023 126.8151 139.8493
25-04-2023 126.5726 139.5771
24-04-2023 126.5933 139.5953

Fund Launch Date: 16/Oct/2004
Fund Category: Dynamic Asset Allocation or Balanced Advantage Fund
Investment Objective: Nippon India Balanced Advantage Fund attempts tocapitalize on the potential upside in equity marketswhile attempting to limit the downside by dynamicallymanaging the portfolio through investment in equityand active use of debt, money market instruments andderivatives. A model based Dynamic Asset AllocationFund that aims to offer Triple Benefits of 1. EmotionFree Asset Allocation through Model Based AssetAllocation, 2. Lowers downside risk through hedgingand 3. Long Term Alpha through Active Stockselection and Sector. The fund follows an in-houseproprietary Model (which follows Valuations & TrendFollowing) to determine unhedged equity allocation.The fund maintains a large cap oriented portfoliodiversified across sectors. Debt portfolio is managedconservatively, focused at the shorter end throughinvestment in a combination of liquid and short termfixed income securities.
Fund Description: An Open Ended Dynamic Asset Allocation Fund
Fund Benchmark: CRISIL Hybrid 35+65 - Aggressive Index
Source: Fund FactSheet

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