Nippon India Balanced Advantage Fund Direct Growth Plan

Objective: 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.

Nippon India Balanced Advantage Fund Direct Growth Plan is an Allocation - Dynamic Asset Allocation fund. The fund was launched in Jan 1, 2013. Its risk level is High. The NAV of the fund as on Mar 28, 2025 is ₹189.66. Its expense ratio is 0.55 %. The fund has an AUM of ₹8,431.05 Cr.The fund is managed by Ashutosh Bhargava, Akshay Sharma, Sushil Budhia, Kinjal Desai, Amar Kalkundrikar. The minimum initial investment is ₹100 in Lumpsum mode.