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NJ Balanced Advantage Fund (G)

Dynamic Asset Allocation or Balanced Advantage
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  • NAV

    13.49(0.15%)

  • Fund Size (CR)

    ₹3,988.46

  • Expense Ratio

    1.89

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹500

  • Minimum Additional Investment

    ₹500

  • Minimum SIP Investment

    ₹100

  • Minimum Withdrawal

    ₹0

  • Exit Load All units redeemed / switched-out in excess of the 5% load free units will be subject to the below mentioned exit load. 1% - If redeemed / switch-out within 30 days of allotment Nil - If redeemed / switch-out after 30 days of allotment

    0%

  • Return Since Launch

    9.87%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -6.64%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Viral Shah

Bench Mark

Nifty 50 Hybrid Composite Debt 50:50 Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 23 December 202410059.700.60%--0.06%5/145
1 Month29 November 20249941.00-0.59%--0.35%93/145
3 Month30 September 20249335.18-6.65%--3.24%130/145
6 Month28 June 20249970.41-0.30%-2.01%119/141
1 Year29 December 202311013.0710.13%10.13%13.33%115/133
3 Year30 December 202113575.0335.75%10.73%12.08%85/107
5 Year--0%-12.78%-/-
Since Inception29 October 202113480.0034.80%9.87%11.96%109/143

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 January 20241,30,000131223.740.94% 0.94%
3 Year3 January 20223,70,000453213.7022.49% 7.00%
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

2.60%

Standard Deviation

0.62%

Beta

0.47%

Sharpe Ratio

0.09%

Treynor's Ratio

1.00%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Reliance Industr7.94%2452000316.85EquityRefineries
HCL Technologies3.55%766861141.72EquityIT - Software
Ajanta Pharma3.25%428495129.51EquityPharmaceuticals
Alkem Lab3.20%226425127.76EquityPharmaceuticals
Torrent Pharma.2.87%344536114.53EquityPharmaceuticals
Coal India2.86%2739987114.09EquityMining & Mineral products
HDFC AMC2.80%266002111.83EquityFinance
Bosch2.69%30676107.26EquityAuto Ancillaries
Bajaj Auto2.60%114596103.52EquityAutomobile
Hero Motocorp2.41%20203196.20EquityAutomobile

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Quant Dynamic Asset Allocation Fund-Direct (G)
1341.13-1.56%-7.93%-3.14%21.64%-
Quant Dynamic Asset Allocation Fund-Direct (IDCW)
1341.13-1.56%-7.93%-3.14%21.63%-
AXIS Balanced Advantage Fund - Direct (G)
2599.22-0.40%-2.48%4.62%18.99%13.60%
AXIS Balanced Advantage Fund - Direct (IDCW)
2599.22-0.39%-2.44%4.69%18.99%13.61%
WhiteOak Capital Balanced Advantage Fund - Dir (G)
1272.640.05%-0.79%6.11%18.69%-

News

  • NJ MF announces change in Fund Managers of the following scheme

    NJ Mutual Fund has announced that Mr. Vishal Ashar, Dealer and Fund Manager for NJ Balanced Advantage Fund (Arbitrage Portion) and NJ Arbitrage Fund, will cease to be the Key Personnel effective from closing business hours of December 03, 2024. Accordingly, the fund Management Structure of the designated schemes is as follows:

    Change in the name of the Scheme:

    Name of the Fund Fund Management Structure
    NJ Balanced Advantge Fund Mr. Viral Shah
    Mr. Dhaval Patel
    NJ Arbitrage Fund Mr. Viral Shah
    Mr. Dhaval Patel

    Powered by Capital Market - Live News

  • NJ Mutual Fund announces change in Key Personnel

    NJ Mutual Fund has announced that Mr. Vinayak Agrawal has been appointed as a Head of Operations on the Board of NJ Management Company Ltd. effective November 18, 2024.

    Details of Mr. Vinayak Agrawal

    Age: 24 years

    Designation: Research Analyst

    Qualification: B.com, CA, CFA Level 2

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

8 October 2021

Total AUM (Cr)

₹3988.46

NJ Balanced Advantage Fund (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, NJ Mutual Fund. Launched in 8 October 2021, this fund is managed by Viral Shah. With assets under management (AUM) worth ₹3,988.46 (Cr), as of 1 January 2025, NJ Balanced Advantage Fund (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 9.87% since its launch.
The current NAV of NJ Balanced Advantage Fund (G) is ₹13.49, as on 1 January 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in NJ Balanced Advantage Fund (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
All units redeemed / switched-out in excess of the 5% load free units will be subject to the below mentioned exit load. 1% - If redeemed / switch-out within 30 days of allotment Nil - If redeemed / switch-out after 30 days of allotment The fund has generated 10.73% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 67.25% in Equity, 32.38% in Debt and 0.38% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 26.80% in Debt, 12.45% in Pharmaceuticals & Biotech, 8.96% in IT-Software, 7.71% in Petroleum Products, 6.87% in Automobiles

FAQs

How to Invest in NJ Balanced Advantage Fund (G) Direct Growth?

NJ Balanced Advantage Fund (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 9.87% since inception. Looking to invest in NJ Balanced Advantage Fund (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in NJ Balanced Advantage Fund (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, NJ Balanced Advantage Fund (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in NJ Balanced Advantage Fund (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

How much returns has NJ Balanced Advantage Fund (G) Direct Growth generated?

In the short term, i.e., 1 year, NJ Balanced Advantage Fund (G) has generated annualised return of 10.13%. In the long-term, the fund has generated 10.73% and - in 3 and 5 years respectively. Since its inception, the fund has generated 9.87% returns.

What is the expense ratio of NJ Balanced Advantage Fund (G) Direct Growth?

The expense ratio of NJ Balanced Advantage Fund (G) Direct Growth is 1.89%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of NJ Balanced Advantage Fund (G) Fund Direct Growth?

The Assets Under Management (AUM) of NJ Balanced Advantage Fund (G) is ₹3,988.46 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from NJ Balanced Advantage Fund (G) Direct Growth?

Redeeming or selling units of NJ Balanced Advantage Fund (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from NJ Balanced Advantage Fund (G):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case NJ Balanced Advantage Fund (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.