Nj Balanced Advantage Fund Datagrid
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 24
Rating
Growth Option 04-12-2025
NAV ₹13.69(R) +0.15% ₹14.44(D) +0.21%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 0.44% 10.67% -% -% -%
Direct 1.76% 12.1% -% -% -%
Benchmark
SIP (XIRR) Regular 4.97% 8.19% -% -% -%
Direct 6.33% 9.62% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.61 0.29 0.46 -1.48% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
8.37% -9.86% -13.92% 1.15 6.12%
Fund AUM As on: 30/06/2025 3753 Cr
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Icici Prudential Balanced Advantage Fund 1
Hdfc Balanced Advantage Fund 2
SBI Balanced Advantage Fund 3
Aditya Birla Sun Life Balanced Advantage Fund 4
Dsp Dynamic Asset Allocation Fund 5
Baroda BNP Paribas Balanced Advantage Fund 6

NAV Date: 04-12-2025

Scheme Name NAV Rupee Change Percent Change
NJ Balanced Advantage Fund - Regular Plan - IDCW Payout Option 13.69
0.0200
0.1500%
NJ Balanced Advantage Fund - Regular Plan - Growth Option 13.69
0.0200
0.1500%
NJ Balanced Advantage Fund - Direct Plan - Growth Option 14.44
0.0300
0.2100%
NJ Balanced Advantage Fund - Direct Plan - IDCW Payout Option 14.44
0.0300
0.2100%

Review Date: 04-12-2025

Beginning of Analysis

In the Dynamic Asset Allocation or Balanced Advantage Mutual Funds category, NJ Balanced Advantage Fund is the 22nd ranked fund. The category has total 26 funds. The NJ Balanced Advantage Fund has shown a very poor past performence in Dynamic Asset Allocation or Balanced Advantage Mutual Funds. The fund has a Jensen Alpha of -1.48% which is lower than the category average of 0.11%, reflecting poor performance. The fund has a Sharpe Ratio of 0.61 which is lower than the category average of 0.79.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Dynamic Asset Allocation or Balanced Advantage Mutual Funds

NJ Balanced Advantage Fund Return Analysis

  • The fund has given a return of 1.19%, -0.82 and 3.22 in last one, three and six months respectively. In the same period the category average return was 0.41%, 3.03% and 4.14% respectively.
  • NJ Balanced Advantage Fund has given a return of 1.76% in last one year. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 5.09%.
  • The fund has given a return of 12.1% in last three years and ranked 18.0th out of 27 funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 12.77%.
  • The fund has given a SIP return of 6.33% in last one year whereas category average SIP return is 10.02%. The fund one year return rank in the category is 31st in 34 funds
  • The fund has SIP return of 9.62% in last three years and ranks 25th in 27 funds. Hdfc Balanced Advantage Fund has given the highest SIP return (15.35%) in the category in last three years.

NJ Balanced Advantage Fund Risk Analysis

  • The fund has a standard deviation of 8.37 and semi deviation of 6.12. The category average standard deviation is 7.64 and semi deviation is 5.58.
  • The fund has a Value at Risk (VaR) of -9.86 and a maximum drawdown of -13.92. The category average VaR is -8.74 and the maximum drawdown is -9.33. The fund has a beta of 1.14 which shows that fund is more volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Very Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 1.03
    0.30
    		-1.62 | 1.57 4 | 34 Very Good
    3M Return % -1.16
    2.71
    		-1.16 | 5.16 34 | 34 Poor
    6M Return % 2.55
    3.49
    		-0.40 | 6.42 26 | 34 Average
    1Y Return % 0.44
    3.78
    		-5.63 | 10.64 31 | 34 Poor
    3Y Return % 10.67
    11.36
    		7.77 | 17.33 18 | 27 Average
    1Y SIP Return % 4.97
    8.66
    		-1.24 | 14.65 32 | 34 Poor
    3Y SIP Return % 8.19
    10.53
    		5.57 | 14.64 25 | 27 Poor
    Standard Deviation 8.37
    7.64
    		5.44 | 14.06 20 | 26 Average
    Semi Deviation 6.12
    5.59
    		3.81 | 10.67 20 | 26 Average
    Max Drawdown % -13.92
    -9.33
    		-25.84 | -4.53 25 | 26 Poor
    VaR 1 Y % -9.86
    -8.74
    		-22.27 | -4.30 20 | 26 Average
    Average Drawdown % -5.85
    -3.63
    		-7.36 | -2.17 25 | 26 Poor
    Sharpe Ratio 0.61
    0.79
    		0.23 | 1.39 20 | 26 Average
    Sterling Ratio 0.46
    0.63
    		0.25 | 0.96 24 | 26 Poor
    Sortino Ratio 0.29
    0.39
    		0.11 | 0.78 20 | 26 Average
    Jensen Alpha % -1.48
    0.11
    		-4.96 | 5.34 21 | 26 Average
    Treynor Ratio 0.04
    0.06
    		0.02 | 0.10 19 | 26 Average
    Modigliani Square Measure % 8.47
    10.20
    		4.32 | 15.15 21 | 26 Average
    Alpha % 1.11
    0.80
    		-2.85 | 7.70 12 | 26 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 1.19 0.41 -1.48 | 1.62 3 | 34 Very Good
    3M Return % -0.82 3.03 -0.82 | 5.56 34 | 34 Poor
    6M Return % 3.22 4.14 0.37 | 7.15 27 | 34 Average
    1Y Return % 1.76 5.09 -4.32 | 11.28 31 | 34 Poor
    3Y Return % 12.10 12.77 9.67 | 18.05 18 | 27 Average
    1Y SIP Return % 6.33 10.02 0.23 | 15.30 31 | 34 Poor
    3Y SIP Return % 9.62 11.94 7.00 | 15.35 25 | 27 Poor
    Standard Deviation 8.37 7.64 5.44 | 14.06 20 | 26 Average
    Semi Deviation 6.12 5.59 3.81 | 10.67 20 | 26 Average
    Max Drawdown % -13.92 -9.33 -25.84 | -4.53 25 | 26 Poor
    VaR 1 Y % -9.86 -8.74 -22.27 | -4.30 20 | 26 Average
    Average Drawdown % -5.85 -3.63 -7.36 | -2.17 25 | 26 Poor
    Sharpe Ratio 0.61 0.79 0.23 | 1.39 20 | 26 Average
    Sterling Ratio 0.46 0.63 0.25 | 0.96 24 | 26 Poor
    Sortino Ratio 0.29 0.39 0.11 | 0.78 20 | 26 Average
    Jensen Alpha % -1.48 0.11 -4.96 | 5.34 21 | 26 Average
    Treynor Ratio 0.04 0.06 0.02 | 0.10 19 | 26 Average
    Modigliani Square Measure % 8.47 10.20 4.32 | 15.15 21 | 26 Average
    Alpha % 1.11 0.80 -2.85 | 7.70 12 | 26 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

    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.


    Date Nj Balanced Advantage Fund NAV Regular Growth Nj Balanced Advantage Fund NAV Direct Growth
    04-12-2025 13.69 14.44
    03-12-2025 13.65 14.4
    02-12-2025 13.67 14.41
    01-12-2025 13.68 14.43
    28-11-2025 13.66 14.41
    27-11-2025 13.67 14.41
    26-11-2025 13.69 14.43
    25-11-2025 13.61 14.35
    24-11-2025 13.62 14.36
    21-11-2025 13.63 14.37
    20-11-2025 13.68 14.42
    19-11-2025 13.66 14.41
    18-11-2025 13.62 14.35
    17-11-2025 13.68 14.42
    14-11-2025 13.62 14.36
    13-11-2025 13.6 14.33
    12-11-2025 13.61 14.34
    11-11-2025 13.54 14.27
    10-11-2025 13.56 14.29
    07-11-2025 13.51 14.24
    06-11-2025 13.5 14.22
    04-11-2025 13.55 14.27

    Fund Launch Date: 29/Oct/2021
    Fund Category: Dynamic Asset Allocation or Balanced Advantage
    Investment Objective: The investment objective of the scheme is to generate capital appreciation by dynamically allocating its assets between equity and specified debt securities. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
    Fund Description: An open-ended dynamic asset allocation fund
    Fund Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.