NJ Balanced Advantage Fund Direct Growth
NAV as on 24-04-2025
₹ 13.85
▲1.2%
1D
Inception Returns
9.8%
/yr
Historical NAV & Returns
About NJ Balanced Advantage Fund Direct Growth
NJ Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 29 October, 2021. The fund is managed by . This fund gives you the benefit of diversification.
Key Parameters
- NJ Balanced Advantage Fund Direct Growth has ₹3692 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
NJ Balanced Advantage Fund Direct Growth has given a CAGR return of 9.78% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 4.85% and 12.00% respectively.
Holdings
NJ Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Energy, Health, Financial Services, Consumer Cyclical, Tech, Consumer Defensive, Basic Materials, Industrial, Utilities, Communication, Real Estate.
Taxation
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of NJ Balanced Advantage Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. NJ Balanced Advantage Fund Direct Growth has no lock in period.
NJ Balanced Advantage Fund Direct Growth Overview
| Expense ratio | 0.62% |
Benchmark | NIFTY 50 Arbitrage TR INR |
| AUM | ₹3692 Cr |
| Inception Date | 29 October, 2021 |
| Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 189.94% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (24-Apr-25)
Fund Distribution
as on (31-Mar-25)
- AUM of the fund stands at 3.7K Cr as of Mar'25
- AUM increased by 61 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Government, Energy & Health
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 8.6% | -4.6% | |
 HCL Technologies Ltd | 4.25% | 30.8% | |
 Coal India Ltd | 3.81% | 30.7% | |
 HDFC Asset Management Co Ltd | 3.72% | 30.7% | |
 Bajaj Auto Ltd | 3.19% | 32.8% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
NJ Balanced Advantage Fund Direct Growth | 4.85% | 12% | - | 9.78% |
 Axis Balanced Advantage Fund Direct Growth | 15.49% | 15.59% | 15.76% | 11.31% |
 Kotak Balanced Advantage Fund Direct Growth | 12.61% | 13.11% | 16.64% | 12.16% |
 ICICI Prudential Balanced Advantage Fund Direct Plan Growth | 11.55% | 13.64% | 17.86% | 13.24% |
NJ Balanced Advantage Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹3692 Cr
Expense Ratio 0.62%
More funds from Nj
1Y CAGR
▲ 7.11
Frequently Asked Questions for NJ Balanced Advantage Fund Direct Growth
NJ Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.9% | 2.9% |
6 Month Returns | -3.42% | -3.42% |
1 Year Returns | 4.85% | 4.85% |
3 Years Returns | 40.51% | 12% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |