Share Fund
Nippon India Balanced Advantage Fund attempts to capitalize on the potential upside in equity markets while attempting to limit the downside by dynamically managing the portfolio through investment in equity and active use of debt, money market instruments and derivatives. A model based Dynamic Asset Allocation Fund that aims to offer Triple Benefits of 1. Emotion Free Asset Allocation through Model Based Asset Allocation, 2. Lowers downside risk through hedging and 3. Long Term Alpha – through Active Stock selection and Sector. The fund follows an in-house proprietary Model (which follows Valuations & Trend Following) to determine unhedged equity allocation. The fund maintains a large cap oriented portfolio diversified across sectors. Debt portfolio is managed conservatively, focused at the shorter end through investment in a combination of liquid and short term fixed income securities.
Suitability
This product is suitable for investors who are seeking
• Long term capital growth.
• Investment in equity and equity related instruments primarily drawn from companies of S&P BSE 200 Index.
| Scheme Class | Hybrid |
| Scheme Category | Dynamic Asset Allocation |
| Expense Ratio | 0.52% |
| Min subscription | ₹ 100 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 6,957 |
| AMC AUM (in Crs.) | ₹ 2,33,617 |
| Min Addition Subscription | ₹ 100 |
| Benchmark Type |
| Exit Load | Exit load of 1.0%, if redeemed between (0-12) months. No Exit load, if redeemed after 12 months. |
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
HDFC Balanced Advantage Fund - Direct Plan | 1000 | 1000 | 26.25% |
SBI Dynamic Asset Allocation Fund - Direct Plan | 1000 | 1000 | 3.63% |
| Company | Holding Type | Asset(%) |
|---|---|---|
Cash Offset For Derivatives | Cash - Future Offset | 19 |
ICICI Bank Ltd | Equity | 7 |
HDFC Bank Ltd | Equity | 6 |
Infosys Ltd | Equity | 4 |
Triparty Repo | Cash - Repurchase Agreement | 4 |
Reliance Industries Ltd | Equity | 3 |
ITC Ltd | Equity | 3 |
Axis Bank Ltd | Equity | 3 |
State Bank of India | Equity | 3 |
Future on ICICI Bank Ltd | Equity - Future | 2 |
| Asset | Percent |
|---|---|
Equity | 68 |
Cash - Future Offset | 19 |
Equity - Future | 19 |
Bond - Corporate Bond | 14 |
Bond - Gov't Treasury | 11 |
| Sector | Percent |
|---|---|
Financial Services | 24 |
Cash - Future Offset | 19 |
Equity - Future | 19 |
Bond - Corporate Bond | 14 |
Bond - Gov't Treasury | 11 |
Fund Manager
Ashutosh Bhargava
5+ years of experience
Kinjal Desai
5+ years of experience
Amar Kalkundrikar
2+ years of experience
Sushil Budhia
2+ years of experience
Akshay Sharma
0+ years of experience
About
customercare@nipponindiaim.in
Phone
18002090007
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W), Mumbai - 400 013
